Orion group holdings inc (ORN)
Balance Sheet / TTM
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

12,591

128

1,350

2,759

2,625

8,684

2,594

6,281

9,201

9,086

2,659

920

1,550

305

3,146

1,512

1,579

1,345

17,180

20,735

34,734

38,893

45,858

34,370

45,612

40,859

31,155

40,584

45,885

43,084

50,213

31,933

15,747

38,979

35,188

24,703

23,174

Restricted cash

931

958

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,101

-

-

-

-

-

-

-

-

-

-

-

-

-

13,952

-

-

-

-

Accounts receivable:
Trade, net of allowance of $2,600 and $4,280, respectively

104,641

116,540

97,857

99,292

84,482

77,641

81,181

77,015

72,714

84,953

85,416

87,619

77,628

92,202

88,854

68,599

75,782

72,358

105,416

48,679

27,387

36,905

30,977

26,997

28,439

39,110

44,154

32,661

29,851

45,072

31,428

32,520

25,621

20,954

22,873

34,922

40,211

Retainage

40,100

42,547

44,200

36,889

34,382

30,734

30,216

37,909

39,568

39,189

34,756

32,482

36,490

40,201

37,546

34,994

37,363

35,433

32,536

14,003

15,011

15,883

16,640

15,032

12,494

10,427

9,238

6,790

8,476

8,213

7,701

8,440

5,860

5,977

7,153

7,145

10,643

Other current

1,930

2,680

3,207

2,134

3,064

4,257

5,415

3,942

4,612

3,706

3,768

3,723

3,467

4,634

3,785

3,592

3,549

5,313

4,383

3,229

1,619

1,998

1,087

394

1,799

2,040

529

641

1,308

1,712

1,078

880

918

1,111

885

1,096

4,988

Income taxes receivable

1,154

962

797

865

600

467

395

248

388

339

2,335

2,335

99

133

83

83

83

83

100

100

101

333

333

1,244

333

333

2,915

2,842

2,680

3,110

2,651

17,221

17,488

13,998

12,810

7,960

7,668

Note receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

46

46

46

46

46

46

46

51

51

51

90

Inventory

1,229

1,114

1,124

907

910

1,056

3,757

3,878

3,719

4,386

5,430

5,467

5,527

5,392

5,518

5,400

4,634

4,867

7,715

7,108

6,723

6,487

4,019

4,082

3,406

3,520

5,458

5,223

5,077

4,354

3,558

3,791

3,320

3,361

3,400

4,102

2,991

Costs and estimated earnings in excess of billings on uncompleted contracts

31,433

41,389

38,280

-

-

9,217

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred Tax Assets, Net, Current

-

-

-

-

-

-

-

-

-

0

0

0

0

2,013

3,108

3,108

3,108

3,108

3,562

1,733

1,733

1,755

726

726

726

726

399

37

37

37

1,190

980

1,293

1,182

1,815

2,095

1,794

Costs and estimated earnings in excess of billings on uncompleted contracts

-

-

-

23,641

15,133

-

57,411

53,287

42,706

46,006

46,835

41,829

46,294

39,968

52,720

48,401

48,492

59,608

47,513

45,152

47,104

44,581

38,671

30,556

16,556

24,856

25,146

19,892

20,363

19,245

12,207

9,391

17,076

15,112

14,209

24,853

26,103

Assets held for sale

-

-

-

-

-

-

-

-

-

-

0

1,375

6,375

6,375

6,375

6,375

6,375

6,375

6,375

375

375

375

375

375

417

417

823

920

920

920

-

-

-

0

-

-

-

Prepaid expenses and other

4,874

5,647

3,337

4,947

4,853

5,000

2,939

4,677

6,408

4,124

2,414

3,170

3,733

3,885

2,624

3,766

4,720

4,627

2,968

3,568

3,739

3,924

2,043

2,580

2,856

2,990

1,010

1,897

2,377

2,857

1,632

2,457

2,346

2,470

1,133

1,755

2,076

Total current assets

198,892

211,965

190,188

171,434

146,049

137,056

183,908

187,237

179,316

191,789

183,613

178,920

181,163

195,108

203,759

175,825

185,685

193,117

228,849

144,682

138,526

151,134

140,729

116,356

112,638

125,278

120,873

111,533

117,020

128,650

111,704

107,659

103,667

103,195

99,517

108,682

119,738

Property and equipment, net of depreciation

129,115

132,348

134,056

135,045

136,841

148,003

144,387

147,683

144,868

146,278

148,779

151,501

153,916

158,082

161,243

164,384

166,011

165,989

163,921

158,642

162,057

161,773

164,471

163,512

160,455

141,923

146,563

147,069

148,094

150,671

152,220

153,946

156,963

146,107

149,540

152,533

155,311

Operating lease right-of-use assets, net of amortization

17,715

17,997

19,602

21,510

22,002

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financing lease right-of-use assets, net of amortization

15,608

7,896

7,683

8,238

8,618

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable, non-current

-

-

-

-

-

-

-

-

-

-

0

1,304

1,748

733

765

765

217

222

-

-

-

0

1,694

1,410

-

-

1,410

1,410

1,410

1,410

1,410

1,410

1,410

1,410

1,410

-

0

Retainage, non-current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,664

4,337

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory, non-current

7,140

7,000

7,220

7,500

7,500

7,600

4,781

4,835

4,894

4,915

3,885

3,927

3,989

3,998

4,327

4,900

6,100

6,218

4,919

4,983

5,508

5,508

5,530

5,636

5,705

4,772

915

915

915

915

-

-

-

0

-

-

-

Deferred tax assets, noncurrent

-

-

-

-

-

-

-

-

-

-

-

-

2,013

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

-

-

0

0

0

0

69,483

69,483

69,483

69,483

69,470

68,913

66,351

66,351

66,351

66,400

66,000

65,982

70,518

33,798

33,798

33,798

33,798

33,798

33,798

33,798

34,817

34,817

34,817

33,798

32,168

32,168

32,168

32,168

32,168

32,168

32,168

Intangible assets, net of amortization

11,631

12,147

12,807

13,467

14,127

14,787

15,634

16,481

17,328

18,175

19,165

20,298

20,763

22,032

23,854

25,676

27,497

29,319

31,408

31

59

87

32

60

87

197

265

386

503

627

-

-

0

0

0

0

5

Deferred income tax asset

80

85

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current

4,639

5,369

5,551

5,600

5,620

5,426

6,555

6,550

6,544

2,645

1,794

1,609

1,495

1,372

1,244

1,085

745

615

4,784

-

-

0

231

234

238

240

217

220

223

225

230

232

404

207

245

285

357

Total assets

384,820

394,844

377,107

362,789

340,791

312,870

424,748

432,269

422,433

433,285

426,706

426,472

431,438

447,676

468,207

443,334

452,279

461,462

504,399

342,136

339,948

352,300

346,485

321,006

312,921

306,208

305,060

296,350

302,982

316,296

297,732

295,415

294,612

283,087

282,880

293,668

307,579

LIABILITIES AND STOCKHOLDERS? EQUITY
Current liabilities:
Current debt, net of debt issuance costs

4,040

3,668

-

-

-

2,946

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current debt, net of debt issuance costs

-

-

3,298

2,939

2,950

-

40,650

30,743

17,931

22,756

13,078

13,093

13,712

19,188

26,125

21,365

24,435

12,004

21,615

29,123

29,642

33,527

33,396

30,675

30,675

8,564

9,343

9,343

1,556

12,621

10,511

13,000

13,000

0

-

-

-

Accounts payable:
Trade

47,255

70,421

55,271

48,175

42,611

42,023

31,360

37,500

36,130

45,194

53,283

47,593

50,656

49,123

50,992

41,533

40,027

52,719

50,647

28,391

23,233

21,889

28,466

19,838

11,042

23,105

24,369

20,054

19,925

28,744

17,283

15,372

11,333

11,977

9,949

14,252

25,519

Retainage

817

562

631

-

-

736

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Retainage

-

-

-

845

622

-

1,717

2,826

2,369

1,990

1,405

1,167

758

893

763

1,002

1,101

1,671

1,615

1,484

1,788

1,706

1,494

1,623

1,863

1,667

1,931

1,799

1,774

2,433

2,154

1,208

448

374

352

418

377

Accrued liabilities

17,547

16,966

17,226

13,902

13,631

18,840

17,699

18,218

15,642

17,873

18,407

17,471

15,615

19,946

19,445

15,998

17,812

22,149

26,304

14,857

13,474

15,803

16,215

14,493

12,458

11,415

10,960

9,401

10,419

12,456

10,449

8,774

8,258

9,339

8,227

10,384

12,463

Income taxes payable

1,245

1,523

755

409

533

0

0

705

238

256

3,053

0

269

689

826

507

770

813

19

266

512

997

1,161

356

473

459

774

432

279

252

-

-

-

0

0

0

262

Billings in excess of costs and estimated earnings on uncompleted contracts

53,412

48,781

49,012

-

-

21,761

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Billings in excess of costs and estimated earnings on uncompleted contracts

-

-

-

51,964

35,865

-

24,528

25,069

35,769

33,923

34,419

28,951

24,564

27,681

29,568

27,039

27,962

28,484

31,245

11,552

9,152

16,704

15,949

7,922

9,834

14,595

14,643

10,669

17,184

16,369

16,711

14,547

11,342

5,665

4,225

4,583

4,389

Current portion of operating lease liabilities

5,174

5,043

5,408

5,677

5,595

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of financing lease liabilities

4,567

2,788

2,909

2,935

2,875

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

134,057

149,752

134,510

126,846

104,682

86,306

115,954

115,061

108,079

121,992

123,645

108,275

105,574

117,520

127,719

107,444

112,107

117,840

131,445

85,673

77,801

90,626

96,681

74,907

66,345

59,805

62,020

51,698

51,137

72,875

57,108

52,901

44,381

27,355

22,753

29,637

43,010

Long-term debt, net of debt issuance costs

66,030

68,029

65,148

78,386

76,492

76,119

55,770

57,094

59,972

63,185

66,481

72,739

78,822

82,077

85,367

88,356

92,377

94,605

125,719

3,348

3,348

3,480

-

-

-

0

-

0

8,176

-

-

-

0

-

-

-

-

Operating lease liabilities

13,211

13,596

14,817

16,485

17,109

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financing lease liabilities

9,227

3,760

3,609

4,291

4,862

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

19,831

20,436

20,484

2,846

3,151

8,759

4,460

4,904

3,521

3,573

3,723

3,506

2,841

2,493

2,387

2,216

2,065

1,813

1,320

565

512

566

491

502

514

526

936

857

784

564

489

703

656

606

776

720

746

Deferred income tax liability

213

205

93

-

-

49

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

92

83

-

12,682

15,084

14,361

13,243

11,919

16,637

17,767

19,000

20,302

18,165

18,638

19,345

20,019

19,693

20,997

20,877

17,978

17,978

17,844

17,978

16,216

17,654

17,829

18,180

17,143

18,219

21,300

21,287

21,174

19,601

16,707

Interest rate swap liability

2,029

1,045

1,270

1,094

336

52

0

0

0

26

255

272

186

382

971

1,242

927

145

562

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

15

34

44

58

73

87

103

117

131

146

160

174

188

203

217

231

260

Total liabilities

244,598

256,823

239,931

230,040

206,715

171,285

188,866

192,143

185,933

202,019

206,023

201,429

205,190

221,472

236,746

217,423

226,114

233,748

279,065

109,279

102,673

115,583

115,194

93,445

84,776

78,396

79,275

70,326

78,057

91,765

74,900

71,997

66,525

49,451

44,920

50,189

60,723

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

Stockholders? equity:
Preferred stock -- $0.01 par value, 10,000,000 authorized, none issued

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, 50,000,000 authorized, 30,485,400 and 30,303,395 issued; 29,774,169 and 29,592,164 outstanding at March 31, 2020 and December 31, 2019, respectively

305

303

303

302

297

296

296

293

290

288

288

288

284

283

283

279

279

279

279

279

279

279

278

278

278

278

278

277

276

275

275

274

274

274

274

270

270

Treasury stock, 711,231 shares, at cost, as of March 31, 2020 and December 31, 2019, respectively

6,540

6,540

6,540

6,540

6,540

6,540

6,540

6,540

6,540

6,540

6,540

6,540

6,540

6,540

6,540

6,540

6,540

6,540

6,540

6,540

3,439

3,439

3,003

3,003

3,003

3,003

3,003

3,003

3,003

3,003

3,003

3,003

3,003

3,003

3,003

3,003

0

Other comprehensive loss

-2,029

-1,045

-1,270

-1,094

-336

-52

357

320

243

-26

-255

-272

-186

-382

-971

-1,242

-927

-145

-562

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additional paid-in capital

182,983

182,523

182,062

181,499

180,440

179,742

179,214

177,142

175,845

174,697

173,881

173,221

172,051

171,079

170,582

170,046

169,177

168,736

168,211

167,776

167,249

166,433

165,862

165,092

164,513

163,970

163,346

162,613

161,760

160,973

160,107

159,099

158,347

157,560

156,666

155,971

154,667

Retained earnings

-34,497

-37,220

-37,379

-41,418

-39,785

-31,861

62,555

68,911

66,662

62,847

53,309

58,346

60,639

61,764

68,107

63,368

64,176

65,384

63,946

71,342

73,186

73,444

68,154

65,194

66,357

66,567

65,137

66,079

65,849

66,236

65,453

67,048

72,469

78,805

84,023

90,241

91,919

Total stockholders’ equity

-

-

-

-

-

-

-

-

-

231,266

-

-

-

226,204

-

-

-

227,714

-

-

237,275

236,717

231,291

227,561

228,145

227,812

225,758

225,966

224,882

224,481

222,832

223,418

228,087

233,636

237,960

243,479

246,856

Noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

27

58

43

50

-

-

-

0

-

-

-

Total stockholders' equity

140,222

138,021

137,176

132,749

134,076

141,585

235,882

240,126

236,500

-

220,683

225,043

226,248

-

231,461

225,911

226,165

-

225,334

232,857

237,275

-

231,291

227,561

228,145

227,812

225,785

226,024

224,925

224,531

-

-

-

233,636

-

-

-

Total liabilities and stockholders? equity

384,820

394,844

377,107

362,789

340,791

312,870

424,748

432,269

422,433

433,285

426,706

426,472

431,438

447,676

468,207

443,334

452,279

461,462

504,399

342,136

339,948

352,300

346,485

321,006

312,921

306,208

305,060

296,350

302,982

316,296

297,732

295,415

294,612

283,087

282,880

293,668

307,579