Condensed Consolidated Balance Sheet (Unaudited) - USD ($) $ in Thousands |
Jun. 26, 2015 |
Dec. 31, 2014 |
| Current assets |
|
|
| Cash |
$ 40,003
|
$ 42,823
|
| Receivables |
212,654
|
202,732
|
| Costs incurred in excess of billings |
6,386
|
7,112
|
| Other current assets |
18,607
|
10,883
|
| Total current assets |
277,650
|
263,550
|
| Property, plant, and equipment, net |
7,516
|
8,920
|
| Goodwill |
216,930
|
216,930
|
| Other non-current assets |
6,190
|
6,575
|
| Total non-current assets |
230,636
|
232,425
|
| Total Assets |
508,286
|
495,975
|
| Current liabilities |
|
|
| Accounts payable |
102,369
|
114,487
|
| Billings in excess of costs |
15,127
|
5,806
|
| Compensation and other employee benefits |
46,217
|
36,580
|
| Deferred tax liability |
23,635
|
25,414
|
| Short-term debt |
19,125
|
11,375
|
| Other accrued liabilities |
43,979
|
37,073
|
| Total current liabilities |
250,452
|
230,735
|
| Long-term debt |
103,855
|
122,484
|
| Deferred tax liability |
73,612
|
75,337
|
| Other non-current liabilities |
12,973
|
13,544
|
| Total non-current liabilities |
190,440
|
211,365
|
| Total liabilities |
$ 440,892
|
$ 442,100
|
| Commitments and contingencies (Note 15) |
|
|
| 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; 10,559,446 and 10,484,974 shares issued and outstanding |
106
|
105
|
| Additional paid in capital |
56,322
|
52,967
|
| Retained earnings |
14,316
|
3,331
|
| Accumulated other comprehensive loss |
(3,350)
|
(2,528)
|
| Total shareholders' equity |
67,394
|
53,875
|
| Total Liabilities and Shareholders' Equity |
$ 508,286
|
$ 495,975
|