Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Sep. 30, 2017
Current assets:    
Cash $ 25,797 $ 27,547
Contracts receivable including retainage, net 75,883 120,984
Costs and estimated earnings in excess of billings on uncompleted contracts 10,132 4,592
Inventories 19,829 17,487
Other current assets 12,610 4,520
Total current assets 144,251 175,130
Property, plant and equipment, net 125,264 115,911
Goodwill 30,600 30,600
Intangible assets, net 2,400 2,550
Investment in joint venture 630  
Other assets 14,442 2,483
Deferred income taxes, net 2,235 1,876
Total assets 319,822 328,550
Current liabilities:    
Accounts payable 37,324 52,402
Billings in excess of costs and estimated earnings on uncompleted contracts 32,107 32,108
Current maturities of debt 10,000 10,000
Accrued expenses and other current liabilities 16,789 20,036
Total current liabilities 96,220 114,546
Long-term liabilities:    
Long-term debt, net of current maturities 37,175 47,136
Deferred income taxes, net 6,556 9,667
Other long-term liabilities 4,837 5,020
Total long-term liabilities 48,568 61,823
Total liabilities 144,788 176,369
Commitments and contingencies
Stockholders' Equity    
Preferred stock, par value $0.001; 1,000,000 shares authorized and no shares issued and outstanding
Common stock, $0.001 par value, 126,000,000 shares authorized, 44,987,574 issued and 41,817,541 and 41,691,541 outstanding at March 31, 2018 and December 31, 2017, respectively 45 45
Additional paid-in capital 142,536 142,385
Treasury stock, at cost (11,525) (11,983)
Retained earnings 43,978 21,734
Total stockholders' equity 175,034 152,181
Total liabilities and stockholders' equity $ 319,822 $ 328,550