Consolidated Balance Sheets - USD ($)
$ in Thousands |
Dec. 31, 2017 |
Dec. 31, 2016 |
| Current assets |
|
|
| Cash |
$ 77,453
|
$ 47,651
|
| Receivables |
174,995
|
172,072
|
| Costs incurred in excess of billings |
12,751
|
11,002
|
| Other current assets |
6,747
|
13,412
|
| Total current assets |
271,946
|
244,137
|
| Non-current assets |
|
|
| Property, plant, and equipment, net |
3,733
|
3,061
|
| Goodwill |
216,930
|
216,930
|
| Other non-current assets |
2,942
|
1,177
|
| Total non-current assets |
223,605
|
221,168
|
| Total Assets |
495,551
|
465,305
|
| Current liabilities |
|
|
| Accounts payable |
115,899
|
118,055
|
| Billings in excess of costs |
3,766
|
1,421
|
| Compensation and other employee benefits |
39,304
|
34,917
|
| Short-term debt |
4,000
|
15,750
|
| Other accrued liabilities |
19,209
|
17,693
|
| Total current liabilities |
182,178
|
187,836
|
| Non-current liabilities |
|
|
| Long-term debt |
73,211
|
67,842
|
| Deferred tax liability |
55,329
|
89,667
|
| Other non-current liabilities |
1,461
|
2,559
|
| Total non-current liabilities |
130,001
|
160,068
|
| Total liabilities |
312,179
|
347,904
|
| Commitments and contingencies (Note 17) |
|
|
| Shareholders' Equity |
|
|
| Preferred stock; $0.01 par value; 10,000,000 shares authorized; No shares issued and outstanding |
0
|
0
|
| Common stock; $0.01 par value; 100,000,000 shares authorized; 11,120,528 and 10,894,924 shares issued and outstanding |
111
|
109
|
| Additional paid in capital |
67,526
|
63,910
|
| Retained earnings |
117,415
|
57,959
|
| Accumulated other comprehensive loss |
(1,680)
|
(4,577)
|
| Total shareholders' equity |
183,372
|
117,401
|
| Total Liabilities and Shareholders' Equity |
$ 495,551
|
$ 465,305
|