Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands |
Mar. 31, 2017 |
Dec. 31, 2016 |
| Current assets |
|
|
| Cash |
$ 53,689
|
$ 47,651
|
| Receivables |
164,901
|
172,072
|
| Costs incurred in excess of billings |
12,624
|
11,002
|
| Other current assets |
7,478
|
13,412
|
| Total current assets |
238,692
|
244,137
|
| Non-current assets |
|
|
| Property, plant, and equipment, net |
2,679
|
3,061
|
| Goodwill |
216,930
|
216,930
|
| Other non-current assets |
1,314
|
1,177
|
| Total non-current assets |
220,923
|
221,168
|
| Total Assets |
459,615
|
465,305
|
| Current liabilities |
|
|
| Accounts payable |
95,649
|
118,055
|
| Billings in excess of costs |
3,835
|
1,421
|
| Compensation and other employee benefits |
47,049
|
34,917
|
| Short-term debt |
17,500
|
15,750
|
| Other accrued liabilities |
18,473
|
17,693
|
| Total current liabilities |
182,506
|
187,836
|
| Non-current liabilities |
|
|
| Long-term debt, net |
62,786
|
67,842
|
| Deferred tax liability |
87,285
|
89,667
|
| Other non-current liabilities |
2,307
|
2,559
|
| Total non-current liabilities |
152,378
|
160,068
|
| Total liabilities |
334,884
|
347,904
|
| Commitments and contingencies |
|
|
| 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; 10,943,290 and 10,894,924 shares issued and outstanding |
109
|
109
|
| Additional paid in capital |
64,406
|
63,910
|
| Retained earnings |
64,586
|
57,959
|
| Accumulated other comprehensive loss |
(4,370)
|
(4,577)
|
| Total shareholders' equity |
124,731
|
117,401
|
| Total Liabilities and Shareholders' Equity |
$ 459,615
|
$ 465,305
|