XML 49 R5.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Cash and cash equivalents $ 193,685 $ 116,075
Accounts receivable 1,354,519 1,261,072
Retainage receivable 562,375 478,744
Costs and Estimated Earnings in Excess of Billings 1,123,544 1,142,295
Other Current Assets 197,473 115,527
Property and equipment, net 509,685 490,669
Accounts payable 682,699 621,728
Contract Payable Retainage 252,181 211,956
Billings in excess of costs and estimated earnings 844,389 573,190
Accrued expenses and other current liabilities [1] 206,533 174,325 [2]
Unamortized discount and debt issuance cost $ 23,343 $ 34,998
Preferred stock, shares authorized 1,000,000 1,000,000
Preferred stock, par value (in dollars per share) $ 1 $ 1
Preferred stock, shares issued 0 0
Common stock, shares authorized 75,000,000 75,000,000
Common stock, par value (in dollars per share) $ 1 $ 1
Common stock, shares issued 50,278,816 50,025,996
Common stock, shares outstanding 50,278,816 50,025,996
Variable Interest Entity, Primary Beneficiary [Member]    
Cash equivalents $ 103,850 $ 43,131
Accounts receivable 91,090 62,482
Retainage receivable 89,132 36,724
Costs and Estimated Earnings in Excess of Billings 22,764 0
Other Current Assets 58,128 30,185
Property and equipment, net 49,919 51,508
Accounts payable 93,848 18,070
Contract Payable Retainage 13,967 0
Billings in excess of costs and estimated earnings 422,847 263,764
Accrued expenses and other current liabilities $ 25,402 $ 34,828
[1] Prior to the adoption of ASC 842, operating lease ROU assets and current and long-term operating lease liabilities were not recorded on the Consolidated Balance Sheets.
[2] Balance as previously reported on the Company’s Annual Report on Form 10-K for the year ended December 31, 2018.