v3.8.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 8,983 $ 51,167
Contracts receivable, net 28,466 20,169
Contracts in progress 28,373 26,829
Prepaid expenses and other 3,833 3,222
Inventory 4,933 11,973
Assets held for sale 104,576 0
Total current assets 179,164 113,360
Property, plant and equipment, net 88,899 206,222
Other assets 2,777 2,826
Total assets 270,840 322,408
Current liabilities:    
Accounts payable 18,375 9,021
Advance billings on contracts 5,136 3,977
Deferred revenue, current 4,676 11,881
Accrued contract losses 7,618 387
Accrued expenses and other liabilities 12,741 10,032
Income taxes payable 119 50
Total current liabilities 48,665 35,348
Net deferred tax liabilities 0 23,234
Deferred revenue, noncurrent 769 489
Other liabilities 1,913 305
Total liabilities 51,347 59,376
Shareholders’ equity:    
Preferred stock, no par value, 5,000,000 shares authorized, no shares issued and outstanding
Common stock, no par value, 20,000,000 shares authorized, 14,910,498 issued and outstanding at December 31, 2017 and 14,695,020 at December 31, 2016, respectively 10,823 10,641
Additional paid-in capital 100,456 98,813
Retained earnings 108,214 153,578
Total shareholders’ equity 219,493 263,032
Total liabilities and shareholders’ equity $ 270,840 $ 322,408

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