Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Sep. 30, 2020
Current assets:    
Cash and cash equivalents $ 57,251 $ 148,316
Contracts receivable including retainage, net 158,170 131,770
Costs and estimated earnings in excess of billings on uncompleted contracts 23,023 7,873
Inventories 53,792 38,561
Prepaid expenses and other current assets 7,790 5,041
Total current assets 300,026 331,561
Property, plant and equipment, net 404,832 237,230
Operating lease right-of-use assets 6,535 7,383
Goodwill 85,422 46,348
Intangible assets, net 4,163 3,224
Investment in joint venture 108 198
Other assets 5,534 1,784
Deferred income taxes, net 0 386
Total assets 806,620 628,114
Current liabilities:    
Accounts payable 86,390 64,732
Billings in excess of costs and estimated earnings on uncompleted contracts 33,719 33,704
Current portion of operating lease liabilities 1,395 2,046
Current maturities of long-term debt 10,000 13,000
Accrued expenses and other current liabilities 26,459 22,347
Total current liabilities 157,963 135,829
Long-term liabilities:    
Long-term debt, net of current maturities and debt issuance costs 206,175 79,053
Operating lease liabilities, net of current portion 5,302 5,554
Deferred income taxes, net 17,362 14,003
Other long-term liabilities 10,919 8,480
Total long-term liabilities 239,758 107,090
Total liabilities 397,721 242,919
Commitments and contingencies
Stockholders’ Equity:    
Preferred stock, par value $0.001; 10,000,000 shares authorized at September 30, 2021 and September 30, 2020 and no shares issued and outstanding 0 0
Additional paid-in capital 248,571 245,022
Treasury stock, at cost, 2,922,952 shares of Class B common stock, par value $0.001 (15,603) (15,603)
Accumulated other comprehensive loss, net (23) 0
Retained earnings 175,898 155,721
Total stockholders’ equity 408,899 385,195
Total liabilities and stockholders’ equity 806,620 628,114
Class A Common Stock    
Stockholders’ Equity:    
Common stock, value 37 34
Class B Common Stock    
Stockholders’ Equity:    
Common stock, value $ 19 $ 21