Myr group inc. (MYRG)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Current assets:
Cash and cash equivalents

33,997

12,397

9,145

4,355

1,338

7,507

300

4,203

1,719

5,343

1,682

10,026

6,939

23,846

584

3,363

26,039

39,797

30,429

46,884

61,830

77,636

64,609

54,552

54,375

76,454

62,894

37,629

21,281

19,825

16,599

24,300

3,750

34,013

17,547

35,409

62,623

Accounts receivable, net of allowances of $3,140 and $3,364, respectively

349,189

388,479

375,599

313,455

297,967

288,427

291,583

280,018

256,364

240,276

274,249

222,210

222,549

234,642

185,454

161,910

172,815

187,235

193,065

176,446

156,924

158,101

160,406

177,022

173,344

173,468

181,148

177,700

159,349

167,241

164,440

154,171

155,329

126,911

137,003

99,742

107,172

Contract assets, net of allowances of $432 and $147, respectively

223,718

217,109

238,492

174,805

188,069

160,281

124,057

87,356

93,206

120,992

107,818

93,050

72,903

69,950

80,305

67,181

71,557

51,486

78,030

77,709

64,690

44,609

61,378

56,236

47,637

40,519

41,909

36,836

43,274

61,773

63,107

54,166

53,873

43,694

50,246

54,479

29,299

Current portion of receivable for insurance claims in excess of deductibles

11,066

6,415

8,739

10,083

10,003

10,572

5,421

4,380

4,366

4,221

4,003

3,930

18,524

3,785

12,930

12,999

8,557

11,290

11,391

11,472

12,261

12,311

11,873

12,739

12,084

11,389

11,469

11,277

11,341

11,379

11,282

9,881

9,942

10,122

9,136

9,171

8,422

Construction materials inventory

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,542

4,003

2,754

-

-

Deferred income tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,091

12,006

11,935

11,905

13,143

14,591

14,550

14,550

12,481

12,742

12,742

12,742

13,118

13,253

13,253

13,253

10,569

10,544

10,544

Refundable income taxes

0

1,973

-

-

-

0

0

0

0

391

403

660

2,518

2,474

1,296

1,727

4,710

5,617

4,295

4,050

0

2,059

2,629

1,970

-

1,286

2,054

83

-

1,044

-

-

-

884

2,136

2,198

2,144

Other current assets

10,832

12,811

7,440

10,681

8,379

8,847

5,684

7,565

7,882

8,513

5,279

8,286

7,275

8,202

5,383

6,778

6,368

7,942

5,850

7,973

6,784

6,880

2,683

5,551

6,495

6,283

2,572

4,269

5,097

4,396

1,540

2,679

3,335

3,071

1,561

2,928

3,719

Total current assets

628,802

639,184

639,415

513,379

505,756

475,634

427,045

383,522

363,537

379,736

393,434

338,162

330,708

342,899

285,952

253,958

290,046

303,367

335,151

336,540

314,424

313,501

316,721

322,661

308,485

323,949

314,527

280,536

253,084

278,400

270,086

258,450

241,024

235,951

230,952

214,471

223,923

Property and equipment, net of accumulated depreciation of $276,252 and $272,865, respectively

184,466

185,344

178,432

168,972

162,565

161,892

161,925

155,571

151,570

148,084

150,248

155,553

156,458

154,891

153,009

156,216

153,751

160,678

164,894

165,871

155,985

148,654

153,968

152,644

149,877

142,931

140,484

137,430

134,885

128,911

131,029

127,070

120,547

117,178

115,088

111,322

96,591

Operating lease right-of-use assets

23,911

22,958

22,968

14,130

16,266

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

66,043

66,060

65,557

56,596

56,592

56,588

71,099

46,984

46,988

46,994

46,981

46,781

46,781

46,781

46,781

46,781

47,124

47,124

48,667

48,918

46,599

46,599

46,599

46,599

46,599

46,599

46,599

46,599

46,599

46,599

46,599

46,599

46,599

46,599

46,599

46,599

46,599

Intangible assets, net of accumulated amortization of $12,108 and $10,880, respectively

53,670

54,940

56,393

31,818

32,542

33,266

19,659

10,592

10,720

10,852

10,769

11,190

11,385

11,566

11,017

11,205

11,151

11,362

9,614

9,698

9,782

9,865

9,949

10,032

10,115

10,199

10,283

10,367

10,450

10,534

10,618

10,702

10,785

10,869

10,953

11,037

11,204

Receivable for insurance claims in excess of deductibles

27,079

30,976

17,380

17,094

16,564

17,173

16,861

14,466

14,440

14,295

14,766

14,646

-

14,692

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment in joint venture

5,391

4,722

4,180

2,222

2,342

1,324

1,837

908

719

168

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

3,884

3,687

3,688

2,484

2,591

2,878

3,275

3,551

3,617

3,659

4,399

3,525

3,376

2,666

2,850

3,515

2,532

2,394

1,380

1,404

1,432

1,467

1,462

1,524

1,707

1,744

1,794

1,836

1,874

1,904

1,917

1,948

1,978

1,971

1,368

1,384

1,831

Total assets

993,246

1,007,871

988,013

806,695

795,218

748,755

701,701

615,594

591,591

603,788

620,597

569,857

548,708

573,495

499,609

471,675

504,604

524,925

559,706

562,431

528,222

520,086

528,699

533,460

516,783

525,422

513,687

476,768

446,892

466,348

460,249

444,769

420,933

412,568

404,960

384,813

380,148

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Current maturities of long-term debt, including capital leases

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,062

888

129

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,000

-

10,000

10,000

-

-

Current portion of long-term debt

8,127

8,737

6,552

6,856

3,742

3,681

2,941

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,000

-

-

Current portion of operating lease obligations

6,603

6,205

6,068

3,817

4,401

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of finance lease obligations

1,137

1,135

1,144

1,135

1,127

1,119

1,110

1,102

1,094

1,086

1,109

1,101

1,093

1,085

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

174,278

192,107

206,879

166,350

170,352

139,480

123,980

98,804

105,042

110,383

119,172

115,324

91,048

99,942

85,867

77,467

80,484

73,300

82,486

90,542

67,329

62,247

68,150

73,307

67,896

79,605

67,116

64,278

61,230

84,481

92,915

86,899

80,853

73,924

60,907

58,447

41,309

Contract liabilities

100,635

105,486

77,293

53,581

28,519

58,534

46,186

48,407

18,699

30,224

43,851

41,967

49,448

42,321

46,052

44,056

44,640

40,614

45,690

36,130

33,039

38,121

48,468

53,400

48,752

52,952

67,018

48,988

32,240

32,589

30,065

28,863

28,750

24,945

38,939

41,953

45,505

Current portion of accrued self-insurance

22,756

18,780

19,236

19,692

20,901

19,633

14,816

13,016

12,452

13,138

12,083

12,442

44,419

10,492

37,267

37,782

33,589

36,967

35,861

36,474

38,529

39,480

39,419

40,269

39,734

39,111

39,193

39,671

39,545

39,583

39,629

38,338

38,203

38,850

37,843

35,046

34,044

Income taxes payable, net

-

-

-

-

3,109

-

3,243

1,857

2,110

-

-

-

-

-

-

-

-

-

-

-

571

-

-

-

1,817

-

-

-

1,419

-

124

15

2,064

-

-

-

-

Other current liabilities

64,708

64,364

76,349

52,669

61,409

61,358

60,028

43,536

42,562

33,733

37,444

31,956

36,722

42,382

28,101

26,943

24,926

28,856

28,627

32,836

33,553

31,740

36,558

30,360

31,146

32,711

33,176

26,988

26,018

32,240

33,610

27,080

28,013

29,078

20,006

17,791

17,974

Total current liabilities

378,244

396,814

393,521

304,100

293,560

283,805

252,304

206,722

181,959

188,564

213,659

202,790

222,730

196,222

198,349

187,136

183,768

179,737

192,664

195,982

173,021

171,588

192,595

197,336

189,345

204,379

206,503

179,925

160,452

188,893

196,343

191,195

177,883

176,797

177,695

153,237

138,832

Deferred income tax liabilities

21,227

20,945

17,694

17,359

17,052

17,398

13,817

13,818

13,525

13,452

18,263

18,358

18,423

18,565

14,242

14,325

14,308

14,382

24,729

24,729

24,729

24,729

23,719

23,719

23,719

23,719

21,669

21,530

21,530

21,530

19,416

19,354

19,354

19,354

17,420

18,017

17,971

Long-term debt

153,257

157,087

171,638

99,623

106,204

86,111

86,373

57,804

67,381

78,960

79,497

44,878

39,580

59,070

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,000

30,000

Accrued self-insurance

43,948

48,024

34,451

33,664

32,561

34,406

34,203

32,093

32,046

32,225

33,146

32,898

-

32,092

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease obligations, net of current maturities

17,427

16,884

17,084

10,456

11,600

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance lease obligations, net of current maturities

48

338

633

923

1,275

1,514

1,796

2,068

2,349

2,629

2,997

3,300

3,556

3,833

37,500

23,665

616

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

4,109

3,304

2,420

1,633

1,492

1,057

462

464

903

919

475

505

525

539

845

862

894

926

1,059

1,224

1,221

1,216

1,074

1,291

1,242

1,233

1,350

1,337

1,267

1,235

1,258

1,230

1,144

679

591

611

636

Total liabilities

618,260

643,396

637,441

467,758

463,744

424,291

388,955

312,969

298,163

316,749

348,037

302,729

284,814

310,321

250,936

225,988

199,586

195,045

218,452

221,935

198,971

197,533

217,388

222,346

214,306

229,331

229,522

202,792

183,249

211,658

217,017

211,779

198,381

196,830

195,706

181,865

187,439

Commitments and contingencies

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Stockholders' equity:
Preferred stock-$0.01 par value per share; 4,000,000 authorized shares; none issued and outstanding at March 31, 2020 and December 31, 2019

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock-$0.01 par value per share; 100,000,000 authorized shares;16,684,917 and 16,648,616 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively

166

166

166

166

177

165

165

165

164

163

163

163

163

162

158

160

187

198

206

208

207

206

207

211

211

210

209

208

208

206

205

203

203

203

204

201

200

Additional paid-in capital

153,477

152,532

151,350

150,177

148,938

148,276

147,543

146,610

144,260

143,934

142,952

142,331

140,386

140,100

132,917

132,431

151,950

161,342

167,153

167,752

150,649

151,111

154,008

162,211

161,315

161,202

159,299

157,426

156,555

154,564

152,878

151,384

150,481

149,877

149,332

147,250

145,149

Accumulated other comprehensive loss

-359

-446

-392

-393

-270

-193

-322

-300

-316

-299

-217

-423

-482

-433

51

32

35

116

82

32

-

13

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Retained earnings

221,698

212,219

199,444

189,089

181,882

174,736

164,085

156,150

149,320

143,241

129,662

125,057

123,827

123,345

115,547

113,064

152,846

168,224

173,813

172,504

178,395

171,223

157,096

148,692

140,951

134,679

124,657

116,342

106,880

99,920

90,149

81,403

71,868

65,658

59,798

55,577

47,360

Treasury stock-3,310 and 0 shares, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

80

80

-

Total stockholders' equity attributable to MYR Group Inc.

374,982

364,471

350,568

339,039

330,727

322,984

311,471

302,625

293,428

287,039

272,560

267,128

263,894

263,174

248,673

245,687

305,018

329,880

341,254

340,496

329,251

322,553

311,311

311,114

302,477

296,091

284,165

273,976

263,643

254,690

243,232

232,990

222,552

215,738

209,254

-

192,709

Noncontrolling interest

4

4

4

-102

747

1,480

1,275

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total stockholders' equity

374,986

364,475

350,572

338,937

331,474

324,464

312,746

-

-

287,039

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

202,948

-

Total liabilities and stockholders' equity

993,246

1,007,871

988,013

806,695

795,218

748,755

701,701

615,594

591,591

603,788

620,597

569,857

548,708

573,495

499,609

471,675

504,604

524,925

559,706

562,431

528,222

520,086

528,699

533,460

516,783

525,422

513,687

476,768

446,892

466,348

460,249

444,769

420,933

412,568

404,960

384,813

380,148