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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents ($105,735 and $103,850 related to VIEs) $ 374,289 $ 193,685
Restricted cash 77,563 8,416
Restricted investments 78,912 70,974
Accounts receivable ($86,012 and $91,090 related to VIEs) 1,415,063 1,354,519
Retainage receivable ($122,335 and $89,132 related to VIEs) 648,441 562,375
Costs and estimated earnings in excess of billings ($39,846 and $22,764 related to VIEs) 1,236,734 1,123,544
Other current assets ($51,746 and $58,128 related to VIEs) 249,455 197,473
Total current assets 4,080,457 3,510,986
PROPERTY AND EQUIPMENT:    
Land 44,167 39,047
Building and improvements 116,422 115,041
Construction equipment 570,675 560,547
Other equipment 192,247 183,197
Total property and equipment, gross 923,511 897,832
Less accumulated depreciation (434,294) (388,147)
Total property and equipment, net ($12,840 and $49,919 related to VIEs) 489,217 509,685
GOODWILL 205,143 205,143
INTANGIBLE ASSETS, NET 123,115 155,270
OTHER ASSETS 147,685 104,693
TOTAL ASSETS 5,045,617 4,485,777
CURRENT LIABILITIES:    
Current maturities of long-term debt, net of unamortized discount and debt issuance costs totaling $2,040 and $0 100,188 124,054
Accounts payable ($116,461 and $93,848 related to VIEs) 794,611 682,699
Retainage payable ($26,439 and $13,967 related to VIEs) 315,135 252,181
Billings in excess of costs and estimated earnings ($362,427 and $422,847 related to VIEs) 839,222 844,389
Accrued expenses and other current liabilities ($9,595 and $25,402 related to VIEs) 215,207 206,533
Total current liabilities 2,264,363 2,109,856
LONG-TERM DEBT, less current maturities, net of unamortized discount and debt issuance costs totaling $20,209 and $23,343 925,277 710,422
DEFERRED INCOME TAXES 82,966 35,686
OTHER LONG-TERM LIABILITIES 230,066 199,288
TOTAL LIABILITIES 3,502,672 3,055,252
COMMITMENTS AND CONTINGENCIES (Note 8)
Stockholders' equity:    
Preferred stock – authorized 1,000,000 shares ($1 par value), none issued 0 0
Common stock – authorized 112,500,000 and 75,000,000 shares ($1 par value), issued and outstanding 50,827,205 and 50,278,816 shares 50,827 50,279
Additional paid-in capital 1,127,385 1,117,972
Retained earnings 422,385 313,991
Accumulated other comprehensive loss (46,741) (42,100)
Total stockholders' equity 1,553,856 1,440,142
Noncontrolling interests (10,911) (9,617)
TOTAL EQUITY 1,542,945 1,430,525
TOTAL LIABILITIES AND EQUITY $ 5,045,617 $ 4,485,777