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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Jun. 30, 2021
Current assets:    
Cash and cash equivalents (Note 1) $ 65,040 $ 83,878
Restricted Cash, Current 2,600  
Accounts receivable, less allowances (December 31, 2021—$547 and June 30, 2021—$898) 121,601 148,030
Costs and estimated earnings in excess of billings on uncompleted contracts 34,503 30,774
Inventories 6,297 7,342
Income taxes receivable 16,236 16,965
Other current assets 8,460 4,230
Total current assets 254,737 291,219
Property, plant and equipment at cost:    
Land and buildings 41,545 41,633
Construction equipment 94,091 94,453
Transportation equipment 50,051 50,510
Office equipment and software 43,062 42,706
Construction in progress 282 493
Total property, plant and equipment - at cost 229,031 229,795
Accumulated depreciation (166,296) (160,388)
Property, plant and equipment - net 62,735 69,407
Restricted Cash, Noncurrent 25,000 0
Operating lease right-of-use assets 20,414 22,412
Goodwill 60,546 60,636
Other intangible assets, net of accumulated amortization 5,660 6,614
Deferred income taxes 0 5,295
Other assets, non-current 11,472 11,973
Total assets 440,564 467,556
Current liabilities:    
Accounts payable 55,953 60,920
Billings on uncompleted contracts in excess of costs and estimated earnings 84,859 53,832
Accrued wages and benefits 15,968 21,008
Accrued insurance 6,175 6,568
Operating lease liabilities 5,364 5,747
Other accrued expenses 5,610 5,327
Total current liabilities 173,929 153,402
Deferred income taxes 33 34
Operating lease liabilities 18,925 20,771
Other liabilities, non-current 2,067 7,810
Total liabilities 194,954 182,017
Commitments and contingencies
Stockholders' equity:    
Common stock—$.01 par value; 60,000,000 shares authorized; 27,888,217 shares issued as of December 31, 2021 and June 30, 2021; 26,773,975 and 26,549,438 shares outstanding as of December 31, 2021 and June 30, 2021 279 279
Additional paid-in capital 135,913 137,575
Retained earnings 132,721 175,178
Accumulated other comprehensive loss (7,445) (6,749)
Stockholders' equity 261,468 306,283
Less: Treasury stock, at cost — 1,114,242 shares as of December 31, 2021, and 1,338,779 shares as of June 30, 2021 (15,858) (20,744)
Total stockholders' equity 245,610 285,539
Total liabilities and stockholders’ equity $ 440,564 $ 467,556