Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2018
Sep. 30, 2017
Current assets:    
Cash and cash equivalents $ 99,137 $ 27,547
Contracts receivable including retainage, net 120,291 120,984
Costs and estimated earnings in excess of billings on uncompleted contracts 9,334 4,592
Inventories 24,556 17,487
Prepaid expenses and other current assets 14,137 4,520
Total current assets 267,455 175,130
Property, plant and equipment, net 178,692 115,911
Goodwill 32,919 30,600
Intangible assets, net 3,735 2,550
Investment in joint venture 1,659 0
Other assets 10,270 2,483
Deferred income taxes, net 1,580 1,876
Total assets 496,310 328,550
Current liabilities:    
Accounts payable 63,510 52,402
Billings in excess of costs and estimated earnings on uncompleted contracts 38,738 32,108
Current maturities of debt 14,773 10,000
Accrued expenses and other current liabilities 17,520 20,036
Total current liabilities 134,541 114,546
Long-term liabilities:    
Long-term debt, net of current maturities 48,115 47,136
Deferred income taxes, net 8,890 9,667
Other long-term liabilities 5,295 5,020
Total long-term liabilities 62,300 61,823
Total liabilities 196,841 176,369
Commitments and contingencies
Stockholders’ Equity:    
Preferred stock, par value $0.001; 10,000,000 shares authorized at September 30, 2018 and 1,000,000 shares authorized at September 30, 2017 and no shares issued and outstanding 0 0
Common stock, value 0 45
Additional paid-in capital 242,493 142,385
Treasury stock, at cost (15,603) (11,983)
Retained earnings 72,525 21,734
Total stockholders’ equity 299,469 152,181
Total liabilities and stockholders’ equity 496,310 328,550
Class A Common Stock    
Stockholders’ Equity:    
Common stock, value 12 0
Total stockholders’ equity 12 0
Class B Common Stock    
Stockholders’ Equity:    
Common stock, value 42 0
Total stockholders’ equity $ 42 $ 0