Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Sep. 30, 2022
Current assets:    
Cash and cash equivalents $ 30,512 $ 35,531
Restricted cash 119 28
Contracts receivable including retainage, net 243,261 265,207
Costs and estimated earnings in excess of billings on uncompleted contracts 29,126 29,271
Inventories 86,197 74,195
Prepaid expenses and other current assets 16,900 12,957
Total current assets 406,115 417,189
Property, plant and equipment, net 502,985 481,412
Operating lease right-of-use assets 16,792 13,985
Goodwill 163,385 129,465
Intangible assets, net 15,399 15,976
Investment in joint venture 87 87
Restricted investments 11,303 6,866
Other assets 24,755 30,541
Total assets 1,140,821 1,095,521
Current liabilities:    
Accounts payable 121,422 130,468
Billings in excess of costs and estimated earnings on uncompleted contracts 62,004 52,477
Current portion of operating lease liabilities 2,243 2,209
Current maturities of long-term debt 13,500 12,500
Accrued expenses and other current liabilities 26,158 28,484
Total current liabilities 225,327 226,138
Long-term liabilities:    
Long-term debt, net of current maturities and deferred debt issuance costs 408,967 363,066
Operating lease liabilities, net of current portion 14,982 12,059
Deferred income taxes, net 24,938 26,713
Other long-term liabilities 13,919 11,666
Total long-term liabilities 462,806 413,504
Total liabilities 688,133 639,642
Stockholders’ equity:    
Preferred stock, par value $0.001; 10,000,000 shares authorized and no shares issued and outstanding at March 31, 2023 and September 30, 2022 0 0
Additional paid-in capital 261,743 256,571
Accumulated other comprehensive income, net 12,985 17,620
Retained earnings 193,685 197,274
Total stockholders’ equity 452,688 455,879
Total liabilities and stockholders’ equity 1,140,821 1,095,521
Class A Common Stock    
Stockholders’ equity:    
Common stock 41 41
Treasury stock (178) (39)
Class B Common Stock    
Stockholders’ equity:    
Common stock 15 15
Treasury stock $ (15,603) $ (15,603)