Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Sep. 30, 2021
Current assets:    
Cash and cash equivalents $ 29,608 $ 57,251
Restricted cash 1,721 0
Contracts receivable including retainage, net 170,739 158,170
Costs and estimated earnings in excess of billings on uncompleted contracts 24,409 23,023
Inventories 69,500 53,792
Prepaid expenses and other current assets 17,982 7,790
Total current assets 313,959 300,026
Property, plant and equipment, net 454,630 404,832
Operating lease right-of-use assets 11,508 6,535
Goodwill 132,789 85,422
Intangible assets, net 3,986 4,163
Investment in joint venture 108 108
Restricted investments 6,203 0
Other assets 14,392 5,534
Total assets 937,575 806,620
Current liabilities:    
Accounts payable 87,323 86,390
Billings in excess of costs and estimated earnings on uncompleted contracts 46,441 33,719
Current portion of operating lease liabilities 2,078 1,395
Current maturities of long-term debt 10,000 10,000
Accrued expenses and other current liabilities 16,832 26,459
Total current liabilities 162,674 157,963
Long-term liabilities:    
Long-term debt, net of current maturities and deferred debt issuance costs 317,303 206,175
Operating lease liabilities, net of current portion 9,631 5,302
Deferred income taxes, net 19,527 17,362
Other long-term liabilities 13,338 10,919
Total long-term liabilities 359,799 239,758
Total liabilities 522,473 397,721
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, par value $0.001; 10,000,000 shares authorized at March 31, 2022 and September 30, 2021 and no shares issued and outstanding 0 0
Additional paid-in capital 251,817 248,571
Accumulated other comprehensive income (loss), net 6,880 (23)
Retained earnings 171,991 175,898
Total stockholders’ equity 415,102 408,899
Total liabilities and stockholders’ equity 937,575 806,620
Class A Common Stock    
Stockholders’ equity:    
Common stock 41 37
Treasury stock (39) 0
Class B Common Stock    
Stockholders’ equity:    
Common stock 15 19
Treasury stock $ (15,603) $ (15,603)