Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands |
Sep. 29, 2017 |
Dec. 31, 2016 |
| Current assets |
|
|
| Cash |
$ 63,446
|
$ 47,651
|
| Receivables |
174,943
|
172,072
|
| Costs incurred in excess of billings |
11,751
|
11,002
|
| Other current assets |
8,509
|
13,412
|
| Total current assets |
258,649
|
244,137
|
| Non-current assets |
|
|
| Property, plant, and equipment, net |
3,259
|
3,061
|
| Goodwill |
216,930
|
216,930
|
| Other non-current assets |
2,413
|
1,177
|
| Total non-current assets |
222,602
|
221,168
|
| Total Assets |
481,251
|
465,305
|
| Current liabilities |
|
|
| Accounts payable |
109,100
|
118,055
|
| Billings in excess of costs |
3,070
|
1,421
|
| Compensation and other employee benefits |
42,770
|
34,917
|
| Short-term debt |
21,000
|
15,750
|
| Other accrued liabilities |
18,996
|
17,693
|
| Total current liabilities |
194,936
|
187,836
|
| Non-current liabilities |
|
|
| Long-term debt, net |
52,653
|
67,842
|
| Deferred tax liability |
89,710
|
89,667
|
| Other non-current liabilities |
2,322
|
2,559
|
| Total non-current liabilities |
144,685
|
160,068
|
| Total liabilities |
339,621
|
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; 11,075,220 and 10,894,924 shares issued and outstanding |
111
|
109
|
| Additional paid in capital |
67,464
|
63,910
|
| Retained earnings |
75,847
|
57,959
|
| Accumulated other comprehensive loss |
(1,792)
|
(4,577)
|
| Total shareholders' equity |
141,630
|
117,401
|
| Total Liabilities and Shareholders' Equity |
$ 481,251
|
$ 465,305
|