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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents ($86,126 and $103,850 related to variable interest entities ("VIEs")) $ 198,122 $ 193,685
Restricted cash 5,956 8,416
Restricted investments 75,409 70,974
Accounts receivable ($80,794 and $91,090 related to VIEs) 1,501,557 1,354,519
Retainage receivable ($86,033 and $89,132 related to VIEs) 573,151 562,375
Costs and estimated earnings in excess of billings ($30,739 and $22,764 related to VIEs) 1,155,202 1,123,544
Other current assets ($55,458 and $58,128 related to VIEs) 211,501 197,473
Total current assets 3,720,898 3,510,986
PROPERTY AND EQUIPMENT ("P&E"), net of accumulated depreciation of $401,805 and $388,147 (net P&E of $41,474 and $49,919 related to VIEs) 502,611 509,685
GOODWILL 205,143 205,143
INTANGIBLE ASSETS, NET 149,458 155,270
OTHER ASSETS 108,296 104,693
TOTAL ASSETS 4,686,406 4,485,777
CURRENT LIABILITIES:    
Current maturities of long-term debt 184,954 124,054
Accounts payable ($78,304 and $93,848 related to VIEs) 744,222 682,699
Retainage payable ($16,333 and $13,967 related to VIEs) 272,533 252,181
Billings in excess of costs and estimated earnings ($421,236 and $422,847 related to VIEs) 891,164 844,389
Accrued expenses and other current liabilities ($16,008 and $25,402 related to VIEs) 197,582 206,533
Total current liabilities 2,290,455 2,109,856
LONG-TERM DEBT, less current maturities, net of unamortized discount and debt issuance costs totaling $20,259 and $23,343 717,379 710,422
DEFERRED INCOME TAXES 37,580 35,686
OTHER LONG-TERM LIABILITIES 198,064 199,288
TOTAL LIABILITIES 3,243,478 3,055,252
COMMITMENTS AND CONTINGENCIES (Note 11)
Stockholders' equity:    
Preferred stock - authorized 1,000,000 shares ($1 par value), none issued
Common stock – authorized 75,000,000 shares ($1 par value), issued and outstanding 50,541,480 and 50,278,816 shares 50,577 50,279
Additional paid-in capital 1,120,487 1,117,972
Retained earnings 331,362 313,991
Accumulated other comprehensive loss (43,128) (42,100)
Total stockholders' equity 1,459,298 1,440,142
Noncontrolling interests (16,370) (9,617)
TOTAL EQUITY 1,442,928 1,430,525
TOTAL LIABILITIES AND EQUITY $ 4,686,406 $ 4,485,777