| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Sep'17 |
|---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current assets: | |||||||||
Cash and cash equivalents | |||||||||
53,794 | 49,443 | 80,619 | 59,648 | 61,911 | 91,567 | 99,137 | - | - | 27,547 |
Cash | |||||||||
- | - | - | - | - | - | - | 75,183 | 25,797 | - |
Contracts receivable including retainage, net | |||||||||
122,897 | 118,548 | 139,882 | 134,709 | 105,541 | 93,972 | 120,291 | 115,679 | 75,883 | 120,984 |
Costs and estimated earnings in excess of billings on uncompleted contracts | |||||||||
16,101 | 14,152 | 12,030 | 14,043 | 12,595 | 10,192 | 9,334 | - | - | - |
Costs and estimated earnings in excess of billings on uncompleted contracts | |||||||||
- | - | - | - | - | - | - | 12,747 | 10,132 | 4,592 |
Inventories | |||||||||
42,010 | 36,271 | 34,291 | 37,069 | 33,042 | 28,538 | 24,556 | 25,145 | 19,829 | 17,487 |
Prepaid expenses and other current assets | |||||||||
11,547 | 16,087 | 13,144 | 13,533 | 17,124 | 16,414 | 14,137 | - | - | 4,520 |
Other current assets | |||||||||
- | - | - | - | - | - | - | 14,417 | 12,610 | - |
Total current assets | |||||||||
246,349 | 234,501 | 279,966 | 259,002 | 230,213 | 240,683 | 267,455 | 243,171 | 144,251 | 175,130 |
Property, plant and equipment, net | |||||||||
240,083 | 229,502 | 205,870 | 201,712 | 197,869 | 178,972 | 178,692 | 177,222 | 125,264 | 115,911 |
Operating lease right-of-use assets | |||||||||
8,600 | 8,500 | - | - | - | - | - | - | - | - |
Goodwill | |||||||||
46,348 | 45,467 | 38,546 | 36,968 | 36,968 | 32,919 | 32,919 | 34,398 | 30,600 | 30,600 |
Intangible assets, net | |||||||||
3,329 | 3,381 | 3,434 | 3,091 | 3,306 | 3,521 | 3,735 | 2,325 | 2,400 | 2,550 |
Investment in joint venture | |||||||||
109 | 39 | 496 | 384 | 398 | 165 | 1,700 | 1,066 | 630 | 0 |
Other assets | |||||||||
1,952 | 1,953 | 2,284 | 6,292 | 6,151 | 9,972 | 10,270 | 14,562 | 14,442 | 2,483 |
Deferred income taxes, net | |||||||||
1,173 | 1,173 | 1,173 | 1,575 | 1,580 | 1,580 | 1,580 | - | - | 1,876 |
Deferred income taxes, net | |||||||||
- | - | - | - | - | - | - | 1,619 | 2,235 | - |
Total assets | |||||||||
547,912 | 524,548 | 531,769 | 509,024 | 476,485 | 467,812 | 496,310 | 474,363 | 319,822 | 328,550 |
LIABILITIES AND STOCKHOLDERS’ EQUITY | |||||||||
Current liabilities: | |||||||||
Accounts payable | |||||||||
57,990 | 48,627 | 70,442 | 65,232 | 47,599 | 38,220 | 63,510 | 48,104 | 37,324 | 52,402 |
Billings in excess of costs and estimated earnings on uncompleted contracts | |||||||||
29,540 | 31,169 | 31,115 | 32,344 | 34,657 | 39,471 | 38,738 | - | - | - |
Current portion of operating lease liabilities | |||||||||
2,700 | 2,900 | - | - | - | - | - | - | - | - |
Billings in excess of costs and estimated earnings on uncompleted contracts | |||||||||
- | - | - | - | - | - | - | 39,520 | 32,107 | 32,108 |
Current maturities of debt | |||||||||
8,457 | 8,511 | 7,538 | 14,771 | 14,836 | 14,836 | 14,773 | 14,788 | 10,000 | 10,000 |
Accrued expenses and other current liabilities | |||||||||
15,699 | 11,649 | 19,078 | 19,028 | 15,559 | 12,118 | 17,520 | 23,059 | 16,789 | 20,036 |
Total current liabilities | |||||||||
114,408 | 102,886 | 128,173 | 131,375 | 112,651 | 104,645 | 134,541 | 125,471 | 96,220 | 114,546 |
Long-term liabilities: | |||||||||
Long-term debt, net of current maturities | |||||||||
57,096 | 49,149 | 42,458 | 37,096 | 40,701 | 44,368 | 48,115 | 51,786 | 37,175 | 47,136 |
Operating lease liabilities, net of current portion | |||||||||
6,100 | 5,800 | - | - | - | - | - | - | - | - |
Deferred income taxes, net | |||||||||
11,480 | 11,480 | 11,480 | 8,749 | 8,890 | 8,890 | 8,890 | - | - | 9,667 |
Deferred income taxes, net | |||||||||
- | - | - | - | - | - | - | 7,980 | 6,556 | - |
Other long-term liabilities | |||||||||
7,759 | 6,031 | 6,108 | 5,621 | 5,408 | 5,286 | 5,295 | 4,801 | 4,837 | 5,020 |
Total long-term liabilities | |||||||||
82,393 | 72,478 | 60,046 | 51,466 | 54,999 | 58,544 | 62,300 | 64,567 | 48,568 | 61,823 |
Total liabilities | |||||||||
196,801 | 175,364 | 188,219 | 182,841 | 167,650 | 163,189 | 196,841 | 190,038 | 144,788 | 176,369 |
Commitments and contingencies | |||||||||
- | - | - | - | - | - | - | 0 | 0 | 0 |
Stockholders’ equity: | |||||||||
Preferred stock, par value $0.001; 10,000,000 shares authorized at March 31, 2020 and September 30, 2019 and no shares issued and outstanding | |||||||||
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Common stock, value | |||||||||
- | - | - | - | - | - | - | - | 45 | 45 |
Additional paid-in capital | |||||||||
244,237 | 243,847 | 243,452 | 242,639 | 242,493 | 242,493 | 242,493 | 242,493 | 142,536 | 142,385 |
Treasury stock, at cost, 2,922,952 shares of Class B common stock, par value $0.001 | |||||||||
15,603 | 15,603 | 15,603 | 15,603 | 15,603 | 15,603 | 15,603 | 15,603 | 11,525 | 11,983 |
Retained earnings | |||||||||
122,422 | 120,885 | 115,646 | 99,093 | 81,891 | 77,679 | 72,525 | 57,381 | 43,978 | 21,734 |
Total stockholders’ equity | |||||||||
351,111 | 349,184 | 343,550 | 326,183 | 308,835 | 304,623 | 299,469 | 284,325 | 175,034 | 152,181 |
Total liabilities and stockholders’ equity | |||||||||
547,912 | 524,548 | 531,769 | 509,024 | 476,485 | 467,812 | 496,310 | 474,363 | 319,822 | 328,550 |
Class A Common Stock | |||||||||
Common stock, value | |||||||||
33 | 33 | 33 | 32 | 12 | 12 | 12 | - | - | - |
Total stockholders’ equity | |||||||||
- | 33 | - | 32 | 12 | 12 | 12 | - | - | - |
Class B Common Stock | |||||||||
Common stock, value | |||||||||
22 | 22 | 22 | 22 | 42 | 42 | 42 | - | - | - |
Total stockholders’ equity | |||||||||
- | 22 | - | 22 | 42 | 42 | 42 | - | - | - |