Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

v3.20.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 43,778 $ 49,703
Short-term investments 19,999 19,918
Contracts receivable and retainage, net 24,436 26,095
Contract assets 72,359 52,128
Prepaid expenses and other assets 2,312 3,948
Inventory 2,517 2,676
Assets held for sale 7,659 9,006
Total current assets 173,060 163,474
Property, plant and equipment, net 72,641 70,484
Other noncurrent assets 16,675 18,819
Total assets 262,376 252,777
Current liabilities:    
Accounts payable 79,006 61,542
Contract liabilities 20,177 26,271
Accrued expenses and other liabilities 9,446 10,031
Long-term debt, current 3,819  
Total current liabilities 112,448 97,844
Long-term debt, noncurrent 6,181  
Other noncurrent liabilities 2,324 2,248
Total liabilities 120,953 100,092
Shareholders’ equity:    
Preferred stock, no par value, 5,000 shares authorized, no shares issued and outstanding
Common stock, no par value, 30,000 shares authorized, 15,325 shares issued and outstanding at September 30, 2020 and 15,263 at December 31, 2019 11,189 11,119
Additional paid-in capital 103,761 103,124
Retained earnings 26,473 38,442
Total shareholders’ equity 141,423 152,685
Total liabilities and shareholders’ equity $ 262,376 $ 252,777