Comfort Systems USA, Inc(NYSE:FIX)

Comfort Systems USA, Inc. provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. It engages in the design, engineering, integration, installation, and start-up of mechanical,...
Website: http://www.comfortsystemsusa.com
Founded: 1997
Full Time Employees: 12,000
Sector: Industrials
Industry: Engineering & Construction
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At a glance:
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2009-09-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-12-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 | 2003-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue | 2,865,332,000 | 2,646,067,000 | 2,450,969,000 | 2,173,319,000 | 1,831,286,000 | 1,867,804,000 | 1,812,366,000 | 1,810,290,000 | 1,537,016,000 | 1,357,566,000 | 1,378,124,000 | 1,296,430,000 | 1,174,640,000 | 1,117,188,000 | 1,120,012,000 | 1,017,948,000 | 885,216,000 | 856,084,000 | 833,896,000 | 713,895,000 | 669,761,000 | 698,961,000 | 714,099,000 | 743,468,000 | 700,131,000 | 719,584,000 | 706,918,000 | 650,302,000 | 538,473,000 | 588,359,000 | 594,536,000 | 535,043,000 | 464,941,000 | 461,072,000 | 480,851,000 | 465,411,000 | 380,588,000 | 392,100,000 | 428,760,000 | 427,538,000 | |||||||||||||||||||
yoy | 56.47% | 41.67% | 35.24% | 20.05% | 19.15% | 37.58% | 31.51% | 39.64% | 30.85% | 21.52% | 23.05% | 27.36% | 32.70% | 30.50% | 34.31% | 42.59% | 32.17% | 22.48% | 16.78% | -3.98% | -4.34% | -2.87% | 1.02% | 14.33% | 30.02% | 22.30% | 18.90% | 21.54% | 15.82% | 27.61% | 23.64% | 14.96% | 22.16% | 17.59% | 12.15% | 8.86% | |||||||||||||||||||||||
qoq | 8.29% | 7.96% | 12.78% | 18.68% | -1.96% | 3.06% | 0.11% | 17.78% | 13.22% | -1.49% | 6.30% | 10.37% | 5.14% | -0.25% | 10.03% | 14.99% | 3.40% | 2.66% | 16.81% | 6.59% | -4.18% | -2.12% | -3.95% | 6.19% | -2.70% | 1.79% | 8.71% | 20.77% | -8.48% | -1.04% | 11.12% | 15.08% | 0.84% | -4.11% | 3.32% | 22.29% | -2.94% | -8.55% | 0.29% | ||||||||||||||||||||
cost of services | 2,110,920,000 | 1,971,352,000 | 1,843,098,000 | 1,663,422,000 | 1,427,870,000 | 1,434,066,000 | 1,430,652,000 | 1,446,694,000 | 1,239,653,000 | 1,077,881,000 | 1,100,625,000 | 1,068,510,000 | 969,235,000 | 905,940,000 | 917,788,000 | 842,956,000 | 732,072,000 | 702,013,000 | 674,684,000 | 587,440,000 | 546,292,000 | 561,962,000 | 566,903,000 | 597,773,000 | 583,038,000 | 587,024,000 | 564,216,000 | 530,286,000 | 431,808,000 | 470,184,000 | 466,668,000 | 423,860,000 | 375,888,000 | 367,341,000 | 379,993,000 | 369,673,000 | 304,634,000 | 303,835,000 | 335,944,000 | 338,112,000 | 234,186,000 | 228,797,000 | 213,126,000 | 222,498,000 | 241,467,000 | 221,926,000 | 201,010,000 | 180,664,000 | 202,418,000 | 200,255,000 | 175,377,000 | ||||||||
gross profit | 754,412,000 | 674,715,000 | 607,871,000 | 509,897,000 | 403,416,000 | 433,738,000 | 381,714,000 | 363,596,000 | 297,363,000 | 279,685,000 | 277,499,000 | 227,920,000 | 205,405,000 | 211,248,000 | 202,224,000 | 174,992,000 | 153,144,000 | 154,071,000 | 159,212,000 | 126,455,000 | 123,469,000 | 136,999,000 | 147,196,000 | 145,695,000 | 117,093,000 | 132,560,000 | 142,702,000 | 120,016,000 | 106,665,000 | 118,175,000 | 127,868,000 | 111,183,000 | 89,053,000 | 93,731,000 | 100,858,000 | 95,738,000 | 75,954,000 | 88,265,000 | 92,816,000 | 89,426,000 | 57,405,000 | 51,723,000 | 36,514,000 | 45,576,000 | 46,209,000 | 42,464,000 | 36,844,000 | 36,930,000 | 41,035,000 | 40,114,000 | 29,313,000 | ||||||||
yoy | 87.01% | 55.56% | 59.25% | 40.24% | 35.66% | 55.08% | 37.56% | 59.53% | 44.77% | 32.40% | 37.22% | 30.25% | 34.13% | 37.11% | 27.02% | 38.38% | 24.03% | 12.46% | 8.16% | -13.21% | 5.45% | 3.35% | 3.15% | 21.40% | 9.78% | 12.17% | 11.60% | 7.94% | 19.78% | 26.08% | 26.78% | 16.13% | 17.25% | 6.19% | 8.66% | 7.06% | 32.31% | 10.99% | 21.80% | -0.90% | 23.41% | 12.61% | 5.86% | 25.69% | |||||||||||||||
qoq | 11.81% | 11.00% | 19.21% | 26.39% | -6.99% | 13.63% | 4.98% | 22.27% | 6.32% | 0.79% | 21.75% | 10.96% | -2.77% | 4.46% | 15.56% | 14.27% | -0.60% | -3.23% | 25.90% | 2.42% | -9.88% | -6.93% | 1.03% | 24.43% | -11.67% | -7.11% | 18.90% | 12.52% | -9.74% | -7.58% | 15.01% | 24.85% | -4.99% | -7.07% | 5.35% | 26.05% | -13.95% | -4.90% | 3.79% | 55.78% | 41.65% | -19.88% | -1.37% | 8.82% | 15.25% | -0.23% | -10.00% | 2.30% | 36.85% | ||||||||||
gross margin % | 26.33% | 25.50% | 24.80% | 23.46% | 22.03% | 23.22% | 21.06% | 20.08% | 19.35% | 20.60% | 20.14% | 17.58% | 17.49% | 18.91% | 18.06% | 17.19% | 17.30% | 18.00% | 19.09% | 17.71% | 18.43% | 19.60% | 20.61% | 19.60% | 16.72% | 18.42% | 20.19% | 18.46% | 19.81% | 20.09% | 21.51% | 20.78% | 19.15% | 20.33% | 20.97% | 20.57% | 19.96% | 22.51% | 21.65% | 20.92% | Infinity% | NaN% | NaN% | NaN% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | NaN% | NaN% | NaN% | NaN% | |
selling, general and administrative expenses | 268,996,000 | 248,365,000 | 229,579,000 | 210,466,000 | 194,874,000 | 207,635,000 | 180,177,000 | 179,537,000 | 162,723,000 | 160,026,000 | 142,935,000 | 136,430,000 | 135,032,000 | 131,650,000 | 121,194,000 | 118,724,000 | 117,776,000 | 105,259,000 | 95,287,000 | 87,549,000 | 88,214,000 | 88,920,000 | 90,888,000 | 85,045,000 | 92,924,000 | 86,588,000 | 90,006,000 | 84,506,000 | 78,905,000 | 80,458,000 | 75,297,000 | 71,208,000 | 70,023,000 | 70,033,000 | 66,707,000 | 66,599,000 | 63,247,000 | 62,956,000 | 61,032,000 | 61,023,000 | 41,713,000 | 35,207,000 | 34,377,000 | 34,324,000 | 32,139,000 | 30,414,000 | 30,134,000 | 27,272,000 | 29,613,000 | 30,752,000 | 28,077,000 | ||||||||
gain on sale of assets | -302,000 | -394,000 | -582,000 | -442,000 | -556,000 | -252,000 | -1,347,000 | -611,000 | -820,000 | -619,000 | -579,000 | -592,000 | -512,000 | -473,000 | -406,000 | -383,000 | -323,000 | -519,000 | -180,000 | -491,000 | -350,000 | -202,000 | -377,000 | -312,000 | -554,000 | -582,000 | -708,000 | -192,000 | -219,000 | -315,000 | -219,000 | -200,000 | -211,000 | -206,000 | -184,000 | -126,000 | -154,000 | -238,000 | -166,000 | -212,000 | -101,000 | ||||||||||||||||||
operating income | 485,718,000 | 426,744,000 | 378,874,000 | 299,873,000 | 209,098,000 | 226,355,000 | 202,884,000 | 184,670,000 | 135,460,000 | 120,278,000 | 135,143,000 | 92,082,000 | 70,885,000 | 80,071,000 | 81,436,000 | 56,651,000 | 35,691,000 | 49,331,000 | 64,105,000 | 39,397,000 | 35,605,000 | 48,281,000 | 56,685,000 | 60,962,000 | 24,723,000 | 46,554,000 | 53,404,000 | 35,702,000 | 27,979,000 | 38,032,000 | 52,790,000 | 40,175,000 | 19,241,000 | 23,904,000 | 34,335,000 | 29,265,000 | 11,756,000 | 25,547,000 | 31,950,000 | 28,615,000 | 15,793,000 | 16,543,000 | 2,156,000 | 11,223,000 | 14,155,000 | 12,099,000 | 6,726,000 | 5,755,000 | 11,475,000 | 9,387,000 | 1,270,000 | ||||||||
yoy | 132.29% | 88.53% | 86.74% | 62.38% | 54.36% | 88.19% | 50.13% | 100.55% | 91.10% | 50.21% | 65.95% | 62.54% | 98.61% | 62.31% | 27.04% | 43.80% | 0.24% | 2.17% | 13.09% | -35.37% | 44.02% | 3.71% | 6.14% | 70.75% | -11.64% | 22.41% | 1.16% | -11.13% | 45.41% | 59.10% | 53.75% | 37.28% | 63.67% | -6.43% | 7.46% | 2.27% | -25.56% | -4.53% | 36.73% | -67.95% | 95.01% | 23.36% | 28.89% | 429.61% | |||||||||||||||
qoq | 13.82% | 12.63% | 26.34% | 43.41% | -7.62% | 11.57% | 9.86% | 36.33% | 12.62% | -11.00% | 46.76% | 29.90% | -11.47% | -1.68% | 43.75% | 58.73% | -27.65% | -23.05% | 62.72% | 10.65% | -26.25% | -14.83% | -7.02% | 146.58% | -46.89% | -12.83% | 49.58% | 27.60% | -26.43% | -27.96% | 31.40% | 108.80% | -19.51% | -30.38% | 17.32% | 148.94% | -53.98% | -20.04% | 11.65% | 81.19% | 667.30% | -80.79% | -20.71% | 16.99% | 79.88% | 16.87% | -49.85% | 22.24% | 639.13% | ||||||||||
operating margin % | 16.95% | 16.13% | 15.46% | 13.80% | 11.42% | 12.12% | 11.19% | 10.20% | 8.81% | 8.86% | 9.81% | 7.10% | 6.03% | 7.17% | 7.27% | 5.57% | 4.03% | 5.76% | 7.69% | 5.52% | 5.32% | 6.91% | 7.94% | 8.20% | 3.53% | 6.47% | 7.55% | 5.49% | 5.20% | 6.46% | 8.88% | 7.51% | 4.14% | 5.18% | 7.14% | 6.29% | 3.09% | 6.52% | 7.45% | 6.69% | Infinity% | NaN% | NaN% | NaN% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | NaN% | NaN% | NaN% | NaN% | |
other income: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income | 8,512,000 | 8,137,000 | 6,381,000 | 2,819,000 | 4,267,000 | 4,862,000 | 3,825,000 | 1,264,000 | 1,603,000 | 1,051,000 | 952,000 | 92,000 | 1,397,000 | 32,000 | 5,000 | 6,000 | 3,000 | 17,000 | 1,000 | 3,000 | 3,000 | 4,000 | 7,000 | 28,000 | 64,000 | 50,000 | 82,000 | 67,000 | 25,000 | 20,000 | 25,000 | 14,000 | 14,000 | 15,000 | 16,000 | 28,000 | 11,000 | 3,000 | 3,000 | 2,000 | 117,000 | 674,000 | 715,000 | 659,000 | 718,000 | 562,000 | 647,000 | 337,000 | 165,000 | 136,000 | 128,000 | ||||||||
interest expense | -2,178,000 | -2,811,000 | -2,974,000 | -1,605,000 | -1,619,000 | -1,576,000 | -1,730,000 | -1,709,000 | -1,633,000 | -401,000 | -1,886,000 | -3,918,000 | -4,076,000 | -4,588,000 | -3,609,000 | -3,026,000 | -2,129,000 | -1,753,000 | -1,586,000 | -1,360,000 | -1,497,000 | -1,481,000 | -1,733,000 | -2,554,000 | -2,617,000 | -2,426,000 | -2,779,000 | -3,050,000 | -1,062,000 | -1,109,000 | -1,152,000 | -736,000 | -713,000 | -764,000 | -961,000 | -1,041,000 | -390,000 | -475,000 | -563,000 | -606,000 | -301,000 | ||||||||||||||||||
changes in the fair value of contingent earn-out obligations | -10,370,000 | -13,539,000 | -12,103,000 | -4,073,000 | -3,758,000 | -43,712,000 | -17,254,000 | -14,689,000 | -12,491,000 | -9,400,000 | -8,727,000 | -3,098,000 | -2,382,000 | -5,349,000 | -3,443,000 | -115,000 | 4,088,000 | 3,297,000 | -1,244,000 | 4,581,000 | 1,186,000 | 7,295,000 | 3,423,000 | -3,871,000 | 2,272,000 | 933,000 | -2,004,000 | -1,762,000 | -158,000 | -2,559,000 | 434,000 | -94,000 | 153,000 | 1,870,000 | 2,469,000 | -598,000 | -26,000 | 263,000 | 804,000 | -336,000 | |||||||||||||||||||
other | 464,000 | -32,000 | 280,000 | -530,000 | 24,000 | 109,000 | 87,000 | 119,000 | 117,000 | 201,000 | -44,000 | 44,000 | 1,000 | 33,000 | 46,000 | -1,000 | 56,000 | 76,000 | 20,000 | 161,000 | -69,000 | 42,000 | -15,000 | 25,000 | 20,000 | 3,000 | 149,000 | 15,000 | 79,000 | 39,000 | 3,985,000 | 38,000 | 992,000 | 10,000 | 29,000 | 18,000 | 642,000 | 80,000 | -111,000 | 3,000 | 24,000 | 33,000 | 68,000 | 14,000 | 19,000 | 71,000 | 65,000 | 11,000 | |||||||||||
other income | -3,572,000 | -8,245,000 | -8,416,000 | -3,389,000 | -1,086,000 | -40,317,000 | -15,072,000 | -15,015,000 | -12,404,000 | -8,549,000 | -9,705,000 | -6,880,000 | -5,060,000 | -9,872,000 | -7,001,000 | -3,136,000 | 2,018,000 | 1,637,000 | -2,809,000 | 3,385,000 | -377,000 | 5,860,000 | 1,682,000 | -6,397,000 | -256,000 | -1,423,000 | -4,698,000 | -4,596,000 | -1,180,000 | -3,569,000 | -654,000 | 3,169,000 | -508,000 | 2,113,000 | 1,534,000 | -1,582,000 | -387,000 | 433,000 | 324,000 | -1,051,000 | -181,000 | 553,000 | 584,000 | 575,000 | 569,000 | 415,000 | 511,000 | ||||||||||||
income before income taxes | 482,146,000 | 418,499,000 | 370,458,000 | 296,484,000 | 208,012,000 | 186,038,000 | 187,812,000 | 169,655,000 | 123,056,000 | 111,729,000 | 125,438,000 | 85,202,000 | 65,825,000 | 70,199,000 | 74,435,000 | 53,515,000 | 37,709,000 | 50,968,000 | 61,296,000 | 42,782,000 | 35,228,000 | 54,141,000 | 58,367,000 | 54,565,000 | 24,467,000 | 45,131,000 | 48,706,000 | 31,106,000 | 26,799,000 | 34,463,000 | 52,136,000 | 43,344,000 | 18,733,000 | 26,017,000 | 35,869,000 | 27,683,000 | 11,369,000 | 25,980,000 | 32,274,000 | 27,564,000 | 15,612,000 | 17,096,000 | 2,740,000 | 11,798,000 | 14,724,000 | 12,514,000 | 7,237,000 | 5,422,750 | 11,435,000 | 8,335,000 | 1,034,000 | ||||||||
provision for income taxes | 111,768,000 | 87,693,000 | 78,843,000 | 65,636,000 | 38,723,000 | 40,168,000 | 41,577,000 | 35,646,000 | 26,737,000 | 20,148,000 | 20,313,000 | 15,726,000 | 8,609,000 | 14,775,000 | 12,920,000 | 11,269,000 | -49,053,000 | 13,373,000 | 14,999,000 | 9,817,000 | 8,737,000 | 11,301,000 | 8,279,000 | 15,070,000 | 6,751,000 | 11,079,000 | 12,473,000 | 6,933,000 | 6,933,000 | 9,307,000 | 13,595,000 | 10,797,000 | 2,074,000 | ||||||||||||||||||||||||||
net income | 370,378,000 | 330,806,000 | 291,615,000 | 230,848,000 | 169,289,000 | 145,870,000 | 146,235,000 | 134,009,000 | 96,319,000 | 91,581,000 | 105,125,000 | 69,476,000 | 57,216,000 | 55,424,000 | 61,515,000 | 42,246,000 | 86,762,000 | 37,595,000 | 46,297,000 | 32,965,000 | 26,491,000 | 42,840,000 | 50,088,000 | 39,495,000 | 17,716,000 | 34,052,000 | 36,233,000 | 24,173,000 | 19,866,000 | 25,156,000 | 38,541,000 | 32,547,000 | 16,659,000 | 11,933,250 | 22,284,000 | 17,972,000 | 7,477,000 | 0.47 | 9,540,000 | 10,501,000 | 1,806,000 | 7,514,000 | 8,962,000 | 7,921,000 | 4,327,000 | -17,564,000 | 6,131,000 | 4,678,000 | 529,000 | ||||||||||
yoy | 118.78% | 126.78% | 99.42% | 72.26% | 75.76% | 59.28% | 39.11% | 92.89% | 68.34% | 65.24% | 70.89% | 64.46% | -34.05% | 47.42% | 32.87% | 28.15% | 227.52% | -12.24% | -7.57% | -16.53% | 49.53% | 25.81% | 38.24% | 63.38% | -10.82% | 35.36% | -5.99% | -25.73% | 19.25% | 110.81% | 72.95% | 81.10% | 122.80% | 3823829687.23% | -21.62% | -9.15% | 32.57% | -58.26% | -142.78% | 46.18% | 69.32% | 717.96% | |||||||||||||||||
qoq | 11.96% | 13.44% | 26.32% | 36.36% | 16.05% | -0.25% | 9.12% | 39.13% | 5.17% | -12.88% | 51.31% | 21.43% | 3.23% | -9.90% | 45.61% | -51.31% | 130.78% | -18.80% | 40.44% | 24.44% | -38.16% | -14.47% | 26.82% | 122.93% | -47.97% | -6.02% | 49.89% | 21.68% | -21.03% | -34.73% | 18.42% | 95.37% | 39.60% | -46.45% | 23.99% | 140.36% | -100.00% | 481.45% | -75.96% | -16.16% | 13.14% | 83.06% | -124.64% | -386.48% | 31.06% | 784.31% | |||||||||||||
net income margin % | 12.93% | 12.50% | 11.90% | 10.62% | 9.24% | 7.81% | 8.07% | 7.40% | 6.27% | 6.75% | 7.63% | 5.36% | 4.87% | 4.96% | 5.49% | 4.15% | 9.80% | 4.39% | 5.55% | 4.62% | 3.96% | 6.13% | 7.01% | 5.31% | 2.53% | 4.73% | 5.13% | 3.72% | 3.69% | 4.28% | 6.48% | 6.08% | 3.58% | 2.59% | 4.63% | 3.86% | 1.96% | 0% | 0% | 0.00% | Infinity% | NaN% | NaN% | NaN% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | NaN% | NaN% | NaN% | NaN% | |
income per share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 10.52 | 9.38 | 8.26 | 6.54 | 4.77 | 4.1 | 4.1 | 3.75 | 2.7 | 2.56 | 2.93 | 1.94 | 1.6 | 1.54 | 1.72 | 1.17 | 2.4 | 1.04 | 1.28 | 0.91 | 0.73 | 1.18 | 1.37 | 1.08 | 0.48 | 0.92 | 0.98 | 0.65 | 0.54 | 0.67 | 1.03 | 0.87 | 0.45 | 0.2 | 0.6 | 0.48 | 0.2 | 0.32 | 0.55 | ||||||||||||||||||||
diluted | 10.51 | 9.36 | 8.25 | 6.53 | 4.75 | 4.08 | 4.09 | 3.74 | 2.69 | 2.55 | 2.93 | 1.93 | 1.59 | 1.54 | 1.71 | 1.17 | 2.4 | 1.03 | 1.27 | 0.9 | 0.73 | 1.17 | 1.36 | 1.08 | 0.48 | 0.92 | 0.98 | 0.65 | 0.53 | 0.67 | 1.02 | 0.87 | 0.44 | 0.2 | 0.59 | 0.48 | 0.2 | 0.318 | 0.54 | ||||||||||||||||||||
shares used in computing income per share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 35,207 | -30 | 35,307 | 35,307 | 35,524 | -29 | 35,669 | 35,746 | 35,739 | -17 | 35,820 | 35,822 | 35,812 | -34 | 35,853 | 35,970 | 36,076 | -43 | 36,296 | 36,403 | 36,286 | -62 | 36,557 | 36,581 | 36,674 | -37 | 36,805 | 36,943 | 36,923 | -34 | 37,294 | 37,220 | 37,192 | -20 | 37,232 | 37,296 | 37,225 | -45 | 37,360 | 37,437 | 37,995 | 40,655 | 40,499 | 70 | 40,406 | 40,244 | 39,857 | 118 | 39,372 | 39,173 | 38,990 | ||||||||
diluted | 35,251 | -32 | 35,365 | 35,369 | 35,605 | -29 | 35,755 | 35,828 | 35,828 | -15 | 35,917 | 35,906 | 35,907 | -32 | 35,972 | 36,073 | 36,188 | -50 | 36,434 | 36,566 | 36,499 | -59 | 36,750 | 36,737 | 36,905 | -39 | 37,051 | 37,223 | 37,234 | -42 | 37,667 | 37,605 | 37,628 | -12 | 37,626 | 37,705 | 37,724 | -43 | 37,821 | 37,911 | 38,382 | 41,407 | 41,303 | 48 | 41,242 | 41,209 | 40,862 | -881 | 40,382 | 40,107 | 40,062 | ||||||||
dividends per share | 0.115 | 0.115 | 0.111 | 0.105 | 0.105 | 0.105 | 0.1 | 0.1 | 0.1 | 0.095 | 0.09 | 0.085 | 0.08 | 0.075 | 0.075 | 0.075 | 0.075 | 0.07 | 0.07 | 0.07 | 0.07 | 0.05 | 0.035 | 0.035 | |||||||||||||||||||||||||||||||||||
goodwill impairment | 1,105,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax expense | 6,797,000 | 13,585,000 | 9,711,000 | 3,892,000 | 9,113,000 | 11,803,000 | 9,847,000 | 6,072,000 | 6,595,000 | 934,000 | 4,299,000 | 5,757,000 | 4,797,000 | 2,910,000 | 4,575,000 | 4,971,000 | 3,730,000 | 505,000 | |||||||||||||||||||||||||||||||||||||||||
net income including noncontrolling interests | 16,867,000 | 20,471,000 | 17,717,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net income attributable to noncontrolling interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to comfort systems usa, inc. | 16,867,000 | 20,471,000 | 17,717,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income per share attributable to comfort systems usa, inc.: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 10.52 | 9.38 | 8.26 | 6.54 | 4.77 | 4.1 | 4.1 | 3.75 | 2.7 | 2.56 | 2.93 | 1.94 | 1.6 | 1.54 | 1.72 | 1.17 | 2.4 | 1.04 | 1.28 | 0.91 | 0.73 | 1.18 | 1.37 | 1.08 | 0.48 | 0.92 | 0.98 | 0.65 | 0.54 | 0.67 | 1.03 | 0.87 | 0.45 | 0.2 | 0.6 | 0.48 | 0.2 | 0.32 | 0.55 | ||||||||||||||||||||
diluted | 10.51 | 9.36 | 8.25 | 6.53 | 4.75 | 4.08 | 4.09 | 3.74 | 2.69 | 2.55 | 2.93 | 1.93 | 1.59 | 1.54 | 1.71 | 1.17 | 2.4 | 1.03 | 1.27 | 0.9 | 0.73 | 1.17 | 1.36 | 1.08 | 0.48 | 0.92 | 0.98 | 0.65 | 0.53 | 0.67 | 1.02 | 0.87 | 0.44 | 0.2 | 0.59 | 0.48 | 0.2 | 0.318 | 0.54 | ||||||||||||||||||||
income per share attributable to comfort systems usa, inc.: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic— | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted— | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revenues | 291,591,000 | 280,520,000 | 249,640,000 | 268,074,000 | 287,676,000 | 264,390,000 | 237,854,000 | 217,594,000 | 243,453,000 | 240,369,000 | 204,690,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations | 9,540,000 | 10,501,000 | 1,806,000 | 7,499,000 | 8,967,000 | 7,717,000 | 4,327,000 | -12,239,000.42 | 6,464,000 | 4,605,000 | 529,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income, net of income tax benefit of (46), ―, (145), and 133 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
estimated loss on disposition, net of tax of —, —, —, and — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income per share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
estimated loss on disposition | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income, net of income tax benefit (expense) of , —, 105 and — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
estimated gain on disposition, including income tax benefit of 209, —, 209 and — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations— | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
estimated gain on disposition | 0.01 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income, net of income tax benefit of 111 and — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
write off of debt costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income, net of income tax benefit of 242, 27, 656, and 132 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
estimated gain on disposition, including income tax benefit (expense) of 17, 0, (65), and 209 | 52,250 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating loss, net of income tax benefit of 25, , 414, and 105 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
estimated gain on disposition, including income tax benefit of (82), 209, (82), and 209 | 209,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating loss, net of income tax expense of 8 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income, net of income tax expense of 80, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
estimated gain on disposition, including income tax expense of 0, (17), 235 and 65 | 24,750 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income, net of income tax expense of (37), 15, 20, and 16 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
estimated gain on disposition, including income tax expense of 235, 82, 235 and 82 | 137,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income, net of income tax expense of 23 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2009-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 1,050,164,000 | 981,898,000 | 860,523,000 | 331,710,000 | 204,758,000 | 549,939,000 | 415,583,000 | 199,419,000 | 100,792,000 | 205,150,000 | 137,623,000 | 60,007,000 | 48,560,000 | 57,214,000 | 71,139,000 | 69,129,000 | 115,615,000 | 58,776,000 | 67,721,000 | 53,659,000 | 52,116,000 | 54,896,000 | 70,540,000 | 53,253,000 | 133,264,000 | 50,788,000 | 40,363,000 | 36,787,000 | 29,130,000 | 45,620,000 | 19,248,000 | 28,001,000 | 25,219,000 | 36,542,000 | 29,496,000 | 34,465,000 | 31,444,000 | 32,074,000 | 25,337,000 | 38,282,000 | 139,863,000 | 87,932,000 | 69,038,000 | 90,286,000 | 68,918,000 | 67,091,000 | 58,361,000 | 55,593,000 | 33,709,000 | 26,455,000 | 22,454,000 | 32,576,000 |
billed accounts receivable, less allowance for credit losses of 19,991 and 19,708, respectively | 2,805,270,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
unbilled accounts receivable, less allowance for credit losses of 1,746 and 1,508, respectively | 137,070,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables, less allowance for credit losses of 267 and 325, respectively | 108,885,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
inventories | 93,947,000 | 84,066,000 | 78,830,000 | 70,732,000 | 63,045,000 | 59,224,000 | 55,680,000 | 63,778,000 | 71,061,000 | 65,538,000 | 53,899,000 | 41,619,000 | 37,013,000 | 35,309,000 | 38,149,000 | 31,246,000 | 24,918,000 | 21,853,000 | 19,908,000 | 18,837,000 | 15,653,000 | 13,472,000 | 12,700,000 | 12,212,000 | 10,312,000 | 10,053,000 | 12,667,000 | 12,734,000 | 12,908,000 | 12,416,000 | 12,795,000 | 11,986,000 | 11,029,000 | 10,303,000 | 10,778,000 | 10,571,000 | 9,958,000 | 9,208,000 | 9,719,000 | 9,953,000 | 9,412,000 | 9,963,000 | 10,309,000 | 8,762,000 | 9,609,000 | 9,569,000 | 8,276,000 | 8,107,000 | 9,196,000 | 9,831,000 | 10,376,000 | 10,590,000 |
prepaid expenses and other | 177,588,000 | 138,560,000 | 63,160,000 | 37,991,000 | 50,859,000 | 46,213,000 | 36,087,000 | 45,486,000 | 62,500,000 | 54,309,000 | 42,687,000 | 50,482,000 | 47,190,000 | 48,456,000 | 27,372,000 | 28,836,000 | 31,373,000 | 23,704,000 | 11,519,000 | 11,350,000 | 13,812,000 | 15,510,000 | 10,313,000 | 10,453,000 | 14,612,000 | 14,396,000 | 8,788,000 | 7,250,000 | 7,476,000 | 6,544,000 | 6,329,000 | 5,183,000 | 6,135,000 | 8,294,000 | 11,622,000 | 5,611,000 | 5,997,000 | 6,106,000 | 7,139,000 | 6,150,000 | 26,694,000 | 10,709,000 | 11,280,000 | 13,644,000 | 15,338,000 | 11,056,000 | 11,680,000 | 11,489,000 | 14,038,000 | 13,053,000 | 13,986,000 | 13,338,000 |
costs and estimated earnings in excess of billings, less allowance for credit losses of 505 and 255, respectively | 128,007,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
total current assets | 4,500,931,000 | 4,110,553,000 | 3,703,528,000 | 3,043,279,000 | 2,597,499,000 | 2,790,241,000 | 2,536,899,000 | 2,323,371,000 | 2,048,189,000 | 1,911,100,000 | 1,812,232,000 | 1,500,323,000 | 1,459,024,000 | 1,307,671,000 | 1,358,091,000 | 1,238,223,000 | 1,139,629,000 | 1,027,321,000 | 904,711,000 | 819,400,000 | 762,572,000 | 811,852,000 | 811,296,000 | 792,505,000 | 878,443,000 | 790,184,000 | 750,402,000 | 726,582,000 | 557,272,000 | 609,700,000 | 599,679,000 | 561,823,000 | 491,793,000 | 489,357,000 | 495,377,000 | 497,169,000 | 396,453,000 | 415,957,000 | 422,864,000 | 434,539,000 | 430,716,000 | 394,225,000 | 356,387,000 | 376,385,000 | 369,749,000 | 351,487,000 | 315,459,000 | 325,399,000 | 294,922,000 | 278,251,000 | 254,259,000 | 260,729,000 |
property and equipment | 515,796,000 | 387,952,000 | 337,452,000 | 311,249,000 | 295,098,000 | 277,180,000 | 250,150,000 | 240,319,000 | 226,197,000 | 208,568,000 | 186,864,000 | 170,089,000 | 155,021,000 | 143,949,000 | 138,229,000 | 132,646,000 | 127,711,000 | 128,554,000 | 115,538,000 | 113,589,000 | 115,039,000 | 117,206,000 | 119,131,000 | 121,569,000 | 113,974,000 | 109,796,000 | 108,129,000 | 108,343,000 | 102,774,000 | 99,618,000 | 102,960,000 | 91,898,000 | 88,298,000 | 87,591,000 | 74,883,000 | 74,539,000 | 68,593,000 | 68,195,000 | 66,490,000 | 65,053,000 | 17,813,000 | 17,086,000 | 15,504,000 | 15,197,000 | 14,063,000 | 13,547,000 | 12,844,000 | 13,889,000 | 13,904,000 | 13,958,000 | 12,988,000 | |
lease right-of-use assets | 321,652,000 | 322,922,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill | 1,025,515,000 | 1,025,515,000 | 928,168,000 | 927,780,000 | 905,843,000 | 875,270,000 | 875,193,000 | 874,947,000 | 862,934,000 | 666,834,000 | 637,487,000 | 637,487,000 | 637,434,000 | 611,789,000 | 611,039,000 | 611,000,000 | 593,947,000 | 592,114,000 | 526,964,000 | 472,046,000 | 472,778,000 | 464,392,000 | 420,782,000 | 420,782,000 | 347,391,000 | 332,447,000 | 332,200,000 | 332,562,000 | 235,860,000 | 235,182,000 | 231,190,000 | 205,162,000 | 203,199,000 | 200,584,000 | 203,771,000 | 203,223,000 | 148,103,000 | 149,208,000 | 148,140,000 | 147,512,000 | 95,590,000 | 65,833,000 | 65,960,000 | 62,954,000 | 62,954,000 | 62,954,000 | 62,954,000 | 62,954,000 | 100,123,000 | 100,123,000 | 100,123,000 | 100,123,000 |
identifiable intangible assets | 464,774,000 | 485,168,000 | 431,921,000 | 451,446,000 | 441,502,000 | 434,417,000 | 456,459,000 | 480,880,000 | 489,884,000 | 280,397,000 | 274,128,000 | 285,057,000 | 296,070,000 | 273,901,000 | 285,094,000 | 296,538,000 | 291,990,000 | 304,781,000 | 268,099,000 | 221,584,000 | 230,408,000 | 231,807,000 | 201,998,000 | 210,164,000 | 167,675,000 | 159,974,000 | 166,736,000 | 173,996,000 | 91,073,000 | 95,275,000 | 98,712,000 | 77,968,000 | 78,332,000 | 76,044,000 | 78,527,000 | 83,269,000 | 40,873,000 | 42,435,000 | 44,993,000 | 47,028,000 | 13,841,000 | |||||||||||
deferred tax assets | 83,183,000 | 84,139,000 | 77,904,000 | 84,344,000 | 83,409,000 | 85,441,000 | 50,234,000 | 50,112,000 | 31,928,000 | 17,723,000 | 5,959,000 | 170,965,000 | 143,202,000 | 115,665,000 | 11,327,000 | 16,594,000 | 20,577,000 | 22,905,000 | 22,812,000 | 23,952,000 | 29,811,000 | 29,401,000 | 21,656,000 | 25,833,000 | 21,803,000 | 21,923,000 | 20,254,000 | 17,176,000 | 17,485,000 | 17,634,000 | 20,018,000 | 17,138,000 | 16,890,000 | 22,966,000 | ||||||||||||||||||
other noncurrent assets | 26,495,000 | 24,920,000 | 24,181,000 | 19,201,000 | 19,247,000 | 19,433,000 | 18,529,000 | 17,634,000 | 16,540,000 | 15,245,000 | 14,811,000 | 15,664,000 | 13,965,000 | 13,837,000 | 12,250,000 | 11,940,000 | 9,623,000 | 8,683,000 | 8,874,000 | 8,847,000 | 8,140,000 | 7,970,000 | 7,291,000 | 7,004,000 | 6,480,000 | 6,615,000 | 5,458,000 | 5,304,000 | 5,252,000 | 5,155,000 | 7,381,000 | 5,177,000 | 4,206,000 | 4,578,000 | 4,747,000 | 5,238,000 | 5,343,000 | 5,938,000 | 6,068,000 | 6,138,000 | 1,506,000 | 6,531,000 | 6,815,000 | 6,031,000 | 4,336,000 | 6,421,000 | 7,180,000 | 7,486,000 | 7,258,000 | 7,808,000 | 8,738,000 | 9,276,000 |
total assets | 6,938,346,000 | 6,441,169,000 | 5,777,851,000 | 5,063,729,000 | 4,569,218,000 | 4,711,088,000 | 4,412,765,000 | 4,213,984,000 | 3,902,829,000 | 3,305,579,000 | 3,140,619,000 | 2,915,117,000 | 2,839,471,000 | 2,597,478,000 | 2,549,473,000 | 2,439,622,000 | 2,308,413,000 | 2,209,114,000 | 1,951,334,000 | 1,754,950,000 | 1,715,530,000 | 1,757,355,000 | 1,677,969,000 | 1,675,443,000 | 1,618,067,000 | 1,505,012,000 | 1,467,460,000 | 1,444,596,000 | 1,080,032,000 | 1,062,564,000 | 1,059,940,000 | 959,166,000 | 882,718,000 | 881,120,000 | 884,587,000 | 893,155,000 | 687,612,000 | 708,903,000 | 717,742,000 | 729,013,000 | 581,326,000 | 484,402,000 | 446,248,000 | 460,874,000 | 452,236,000 | 434,925,000 | 399,140,000 | 408,683,000 | 416,192,000 | 400,086,000 | 377,078,000 | 383,116,000 |
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
current maturities of long-term debt | 25,000 | 6,163,000 | 4,676,000 | 11,689,000 | 4,066,000 | 6,042,000 | 6,046,000 | 17,686,000 | 12,885,000 | 4,867,000 | 13,333,000 | 13,334,000 | 11,468,000 | 9,000,000 | 2,514,000 | 2,448,000 | 407,000 | 2,788,000 | 5,958,000 | 4,235,000 | 70,000 | 85,000 | 850,000 | 20,817,000 | 13,847,000 | 10,380,000 | 2,755,000 | 3,279,000 | 3,279,000 | 1,113,000 | 1,113,000 | 613,000 | 618,000 | 1,113,000 | 1,112,000 | 600,000 | 100,000 | 600,000 | 65,000 | 2,068,000 | 2,071,000 | |||||||||||
accounts payable | 719,590,000 | 696,348,000 | 665,132,000 | 573,267,000 | 560,663,000 | 654,943,000 | 603,546,000 | 590,529,000 | 557,859,000 | 419,962,000 | 441,128,000 | 396,181,000 | 351,509,000 | 337,385,000 | 330,288,000 | 293,964,000 | 267,246,000 | 254,788,000 | 236,387,000 | 207,453,000 | 184,499,000 | 204,145,000 | 176,484,000 | 202,075,000 | 184,627,000 | 196,195,000 | 176,624,000 | 165,119,000 | 136,115,000 | 176,167,000 | 150,880,000 | 145,374,000 | 128,249,000 | 132,011,000 | 122,203,000 | 124,326,000 | 98,132,000 | 103,440,000 | 106,165,000 | 116,101,000 | 75,291,000 | 80,669,000 | 75,971,000 | 81,180,000 | 82,237,000 | 76,231,000 | 67,945,000 | 72,154,000 | 69,153,000 | 73,150,000 | 60,005,000 | 64,771,000 |
accrued compensation and benefits | 278,182,000 | 291,722,000 | 356,397,000 | 264,495,000 | 191,950,000 | 228,622,000 | 258,174,000 | 209,390,000 | 153,859,000 | 169,136,000 | 174,425,000 | 141,626,000 | 115,606,000 | 127,765,000 | 149,926,000 | 137,913,000 | 121,990,000 | 129,971,000 | 137,910,000 | 115,797,000 | 104,590,000 | 121,864,000 | 119,931,000 | 101,243,000 | 81,305,000 | 102,891,000 | 100,390,000 | 82,227,000 | 65,135,000 | 87,388,000 | 81,888,000 | 66,128,000 | 56,199,000 | 69,217,000 | 68,294,000 | 59,857,000 | 51,221,000 | 61,712,000 | 60,200,000 | 57,991,000 | 42,366,000 | 30,146,000 | 24,650,000 | 35,058,000 | 30,775,000 | 25,729,000 | 22,782,000 | 29,814,000 | 27,006,000 | 25,066,000 | 20,271,000 | 22,834,000 |
billings in excess of costs and estimated earnings and deferred revenue | 2,345,279,000 | 2,120,262,000 | 1,734,272,000 | 1,546,306,000 | 1,267,373,000 | 1,149,257,000 | 1,197,532,000 | 1,149,896,000 | 1,131,928,000 | 909,538,000 | 775,302,000 | 696,371,000 | 717,294,000 | |||||||||||||||||||||||||||||||||||||||
accrued self-insurance | 37,933,000 | 42,973,000 | 41,990,000 | 35,121,000 | 35,413,000 | 42,315,000 | 36,924,000 | 31,881,000 | 29,712,000 | 27,774,000 | 25,913,000 | 25,764,000 | 23,865,000 | 27,644,000 | 25,320,000 | 20,967,000 | 22,410,000 | 22,227,000 | 19,930,000 | 47,359,000 | 48,106,000 | 49,166,000 | 49,369,000 | 46,099,000 | 42,027,000 | 39,546,000 | 40,750,000 | 39,000,000 | 37,615,000 | 36,386,000 | 33,531,000 | 32,524,000 | 32,099,000 | 32,228,000 | 32,774,000 | 34,987,000 | 33,846,000 | 33,520,000 | 29,280,000 | 29,194,000 | ||||||||||||
other current liabilities | 249,784,000 | 236,382,000 | 229,756,000 | 268,721,000 | 351,779,000 | 501,591,000 | 326,921,000 | 335,566,000 | 253,416,000 | 189,928,000 | 198,886,000 | 208,200,000 | 186,917,000 | 120,715,000 | 124,015,000 | 126,630,000 | 128,668,000 | 119,400,000 | 97,499,000 | 91,209,000 | 106,096,000 | 91,492,000 | 92,035,000 | 105,937,000 | 75,710,000 | 81,630,000 | 79,024,000 | 65,035,000 | 47,933,000 | 32,852,000 | 45,116,000 | 39,211,000 | 40,437,000 | 33,654,000 | 46,774,000 | 55,485,000 | 31,767,000 | 34,261,000 | 36,355,000 | 34,378,000 | 29,702,000 | 14,137,000 | 14,804,000 | 15,171,000 | 15,605,000 | 14,480,000 | 13,736,000 | 14,686,000 | 12,781,000 | 29,853,000 | 29,686,000 | 29,288,000 |
total current liabilities | 3,630,793,000 | 3,393,850,000 | 3,032,223,000 | 2,699,599,000 | 2,411,244,000 | 2,582,770,000 | 2,429,143,000 | 2,334,948,000 | 2,139,659,000 | 1,721,205,000 | 1,628,987,000 | 1,481,476,000 | 1,406,659,000 | 1,170,802,000 | 1,044,005,000 | 968,180,000 | 857,199,000 | 836,554,000 | 742,262,000 | 721,410,000 | 691,688,000 | 692,904,000 | 655,343,000 | 681,486,000 | 599,625,000 | 607,997,000 | 577,732,000 | 527,050,000 | 409,843,000 | 467,058,000 | 445,846,000 | 418,312,000 | 366,036,000 | 373,728,000 | 373,802,000 | 375,416,000 | 293,043,000 | 317,681,000 | 313,698,000 | 326,597,000 | 265,949,000 | 228,208,000 | 200,840,000 | 218,160,000 | 216,212,000 | 207,153,000 | 180,608,000 | 195,160,000 | 185,736,000 | 176,560,000 | 152,516,000 | 159,768,000 |
long-term debt | 39,054,000 | 139,063,000 | 131,322,000 | 61,331,000 | 63,776,000 | 62,293,000 | 62,315,000 | 73,377,000 | 77,004,000 | 39,345,000 | 33,932,000 | 133,945,000 | 197,761,000 | 247,245,000 | 378,192,000 | 403,192,000 | 412,079,000 | 385,242,000 | 266,772,000 | 156,272,000 | 171,752,000 | 235,733,000 | 222,213,000 | 231,442,000 | 333,113,000 | 205,318,000 | 228,167,000 | 284,667,000 | 74,483,000 | 73,639,000 | 93,672,000 | 57,864,000 | 64,880,000 | 59,926,000 | 80,951,000 | 103,468,000 | 693,000 | 1,955,000 | 27,480,000 | 38,505,000 | 219,000 | 6,235,000 | 6,751,000 | |||||||||
lease liabilities | 300,005,000 | 302,590,000 | 258,056,000 | 210,630,000 | 210,364,000 | 212,107,000 | 208,268,000 | 208,710,000 | 209,717,000 | 188,136,000 | 191,451,000 | 115,302,000 | 115,018,000 | 111,744,000 | 114,443,000 | 113,650,000 | 107,033,000 | 107,701,000 | 88,923,000 | 81,060,000 | 82,661,000 | 80,576,000 | 81,638,000 | 83,753,000 | 70,410,000 | 72,697,000 | 73,213,000 | 70,095,000 | ||||||||||||||||||||||||
deferred tax liabilities | 3,892,000 | 3,892,000 | 2,225,000 | 2,225,000 | 2,225,000 | 2,225,000 | 1,120,000 | 1,120,000 | 1,120,000 | 1,120,000 | 6,649,000 | 1,745,000 | 1,745,000 | 1,745,000 | 1,745,000 | 1,339,000 | 1,339,000 | 1,339,000 | 1,339,000 | 3,365,000 | 3,365,000 | 1,425,000 | 1,425,000 | 1,387,000 | 1,387,000 | 1,387,000 | 1,387,000 | 4,835,000 | 4,835,000 | 4,835,000 | 2,263,000 | |||||||||||||||||||||
other long-term liabilities | 149,554,000 | 153,000,000 | 120,639,000 | 118,735,000 | 104,596,000 | 147,017,000 | 124,197,000 | 113,535,000 | 102,793,000 | 77,944,000 | 72,438,000 | 72,930,000 | 66,543,000 | 67,764,000 | 59,956,000 | 56,010,000 | 51,949,000 | 72,206,000 | 80,249,000 | 42,857,000 | 44,987,000 | 50,374,000 | 47,284,000 | 46,964,000 | 20,451,000 | 32,271,000 | 29,331,000 | 29,309,000 | 17,096,000 | 22,433,000 | 22,820,000 | 17,180,000 | 17,829,000 | 27,258,000 | 15,583,000 | 15,025,000 | 9,563,000 | 10,252,000 | 9,651,000 | 9,245,000 | 5,677,000 | 1,572,000 | 1,459,000 | |||||||||
total liabilities | 4,123,298,000 | 3,992,395,000 | 3,544,465,000 | 3,092,520,000 | 2,792,205,000 | 3,006,412,000 | 2,825,043,000 | 2,731,690,000 | 2,530,293,000 | 2,027,750,000 | 1,933,457,000 | 1,803,653,000 | 1,785,981,000 | 1,597,555,000 | 1,598,341,000 | 1,542,777,000 | 1,430,005,000 | 1,403,448,000 | 1,179,545,000 | 1,002,938,000 | 992,427,000 | 1,060,926,000 | 1,009,843,000 | 1,047,010,000 | 1,025,024,000 | 919,708,000 | 909,830,000 | 912,508,000 | 564,837,000 | 564,517,000 | 567,173,000 | 498,191,000 | 453,580,000 | 463,175,000 | 472,658,000 | 496,243,000 | 305,656,000 | 332,270,000 | 352,762,000 | 376,314,000 | 278,233,000 | 229,780,000 | 202,299,000 | 218,160,000 | 216,212,000 | 207,153,000 | 180,608,000 | 195,160,000 | 185,736,000 | 176,779,000 | 158,751,000 | 166,519,000 |
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, .01 par, 5,000,000 shares authorized, none issued and outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 411,000 | 409,000 | 407,000 | 407,000 | 407,000 | 403,000 | 400,000 | 397,000 | 396,000 | 396,000 | 393,000 |
treasury stock | -500,449,000 | -496,006,000 | -401,121,000 | -388,298,000 | -367,508,000 | -273,799,000 | -256,775,000 | -225,573,000 | -211,518,000 | -209,807,000 | -197,085,000 | -195,290,000 | -191,411,000 | -187,212,000 | -185,574,000 | -183,024,000 | -164,844,000 | -150,580,000 | -150,987,000 | -128,503,000 | -128,589,000 | -129,243,000 | -118,551,000 | -112,104,000 | -112,513,000 | -103,960,000 | -101,243,000 | -93,947,000 | -90,171,000 | -87,747,000 | -71,084,000 | -67,386,000 | -69,322,000 | -63,519,000 | -64,312,000 | -59,219,000 | -58,789,000 | -57,387,000 | -56,079,000 | -50,026,000 | -30,324,000 | -220,000 | -18,000 | -306,000 | -316,000 | |||||||
additional paid-in capital | 388,276,000 | 363,314,000 | 362,688,000 | 361,662,000 | 361,653,000 | 350,734,000 | 350,182,000 | 349,099,000 | 348,582,000 | 339,562,000 | 338,830,000 | 338,413,000 | 338,884,000 | 332,080,000 | 331,710,000 | 331,375,000 | 331,978,000 | 327,061,000 | 326,493,000 | 326,179,000 | 326,143,000 | 322,451,000 | 322,304,000 | 322,419,000 | 323,103,000 | 320,168,000 | 320,157,000 | 319,879,000 | 319,691,000 | 316,479,000 | 316,354,000 | 316,235,000 | 315,907,000 | 312,784,000 | 312,312,000 | 311,692,000 | 311,481,000 | 309,625,000 | 310,930,000 | 310,448,000 | 325,458,000 | 339,446,000 | 339,056,000 | 339,589,000 | 340,431,000 | 341,429,000 | 340,124,000 | 340,264,000 | 339,767,000 | 338,763,000 | 339,237,000 | 337,719,000 |
retained earnings | 2,926,810,000 | 2,581,055,000 | 2,271,408,000 | 1,997,434,000 | 1,782,457,000 | 1,627,330,000 | 1,493,904,000 | 1,358,357,000 | 1,235,061,000 | 1,147,663,000 | 1,065,006,000 | 967,930,000 | 905,606,000 | 854,644,000 | 804,585,000 | 748,083,000 | 710,863,000 | 628,774,000 | 595,872,000 | 553,925,000 | 525,138,000 | 502,810,000 | 463,962,000 | 417,707,000 | 382,042,000 | 368,685,000 | 338,305,000 | 305,745,000 | 285,264,000 | 268,904,000 | 247,086,000 | 211,715,000 | 182,142,000 | 168,269,000 | 163,518,000 | 144,028,000 | 128,853,000 | 123,984,000 | 109,718,000 | 91,866,000 | 7,765,000 | -85,015,000 | -95,516,000 | -104,796,000 | -113,758,000 | -121,679,000 | -108,442,000 | -114,573,000 | ||||
total stockholders’ equity | 2,815,048,000 | 2,448,774,000 | 2,233,386,000 | 1,971,209,000 | 1,777,013,000 | 1,704,676,000 | 1,587,722,000 | 1,482,294,000 | 1,372,536,000 | 1,277,829,000 | 1,207,162,000 | 1,111,464,000 | 1,053,490,000 | 999,923,000 | 951,132,000 | 896,845,000 | 878,408,000 | 805,666,000 | 771,789,000 | 752,012,000 | 723,103,000 | 696,429,000 | 668,126,000 | 628,433,000 | 593,043,000 | 585,304,000 | 557,630,000 | 532,088,000 | 515,195,000 | 498,047,000 | 492,767,000 | 460,975,000 | 429,138,000 | 417,945,000 | 411,929,000 | 396,912,000 | 381,956,000 | 376,633,000 | 364,980,000 | 352,699,000 | 303,093,000 | 254,622,000 | 243,949,000 | 242,714,000 | 236,024,000 | 227,772,000 | 218,532,000 | 213,523,000 | 230,456,000 | 223,307,000 | 218,327,000 | 216,597,000 |
total liabilities and stockholders’ equity | 6,938,346,000 | 6,441,169,000 | 5,777,851,000 | 5,063,729,000 | 4,569,218,000 | 4,711,088,000 | 4,412,765,000 | 4,213,984,000 | 3,902,829,000 | 3,305,579,000 | 3,140,619,000 | 2,915,117,000 | 2,839,471,000 | 2,597,478,000 | 2,549,473,000 | 2,439,622,000 | 2,308,413,000 | 2,209,114,000 | 1,951,334,000 | 1,754,950,000 | 1,715,530,000 | 1,757,355,000 | 1,677,969,000 | 1,675,443,000 | 1,618,067,000 | 1,505,012,000 | 1,467,460,000 | 1,444,596,000 | 1,080,032,000 | 1,062,564,000 | 1,059,940,000 | 959,166,000 | 882,718,000 | 881,120,000 | 884,587,000 | 893,155,000 | 687,612,000 | 708,903,000 | 717,742,000 | 729,013,000 | 581,326,000 | 484,402,000 | 446,248,000 | 460,874,000 | 452,236,000 | 434,925,000 | 399,140,000 | 408,683,000 | 416,192,000 | 400,086,000 | 377,078,000 | 383,116,000 |
billed accounts receivable, less allowance for credit losses of 19,708 and 15,286, respectively | 2,577,858,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
unbilled accounts receivable, less allowance for credit losses of 1,508 and 1,475, respectively | 123,197,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables, less allowance for credit losses of 325 and 553, respectively | 116,157,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
costs and estimated earnings in excess of billings, less allowance for credit losses of 255 and 271, respectively | 88,817,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for credit losses of 18,645 and 15,286, respectively | 2,306,295,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
unbilled accounts receivable, less allowance for credit losses of 2,153 and 1,475, respectively | 145,615,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables, less allowance for credit losses of 435 and 553, respectively | 85,755,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
costs and estimated earnings in excess of billings, less allowance for credit losses of 470 and 271, respectively | 163,350,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
lease right-of-use asset | 274,697,000 | 226,430,000 | 226,620,000 | 229,106,000 | 225,301,000 | 226,721,000 | 227,157,000 | 205,712,000 | 209,138,000 | 135,532,000 | 134,755,000 | 130,666,000 | 133,443,000 | 132,681,000 | 124,936,000 | 124,756,000 | 104,336,000 | 95,532,000 | 96,782,000 | 94,727,000 | 95,815,000 | 97,586,000 | 82,301,000 | 84,073,000 | 84,281,000 | 80,633,000 | 70,316,000 | |||||||||||||||||||||||||
billed accounts receivable, less allowance for credit losses of 17,028 and 15,286, respectively | 2,162,345,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
unbilled accounts receivable, less allowance for credit losses of 2,250 and 1,475, respectively | 149,721,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables, less allowance for credit losses of 424 and 553, respectively | 87,376,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
costs and estimated earnings in excess of billings, less allowance for credit losses of 585 and 271, respectively | 203,404,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for credit losses of 15,632 and 15,286, respectively | 1,736,976,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
unbilled accounts receivable, less allowance for credit losses of 1,539 and 1,475, respectively | 110,496,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables, less allowance for credit losses of 503 and 553, respectively | 203,687,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
costs and estimated earnings in excess of billings, less allowance for credit losses of 697 and 271, respectively | 227,678,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for credit losses of 15,286 and 11,926, respectively | 1,861,212,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
unbilled accounts receivable, less allowance for credit losses of 1,475 and 850, respectively | 95,786,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables, less allowance for credit losses of 553 and 522, respectively | 86,186,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
costs and estimated earnings in excess of billings, less allowance for credit losses of 271 and 79, respectively | 91,681,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for credit losses of 15,280 and 11,926, respectively | 1,730,960,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
unbilled accounts receivable, less allowance for credit losses of 953 and 850, respectively | 89,332,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables, less allowance for credit losses of 515 and 522, respectively | 135,323,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
costs and estimated earnings in excess of billings, less allowance for credit losses of 200 and 79, respectively | 73,934,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for credit losses of 13,513 and 11,926, respectively | 1,708,507,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
unbilled accounts receivable, less allowance for credit losses of 1,055 and 850, respectively | 81,184,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables, less allowance for credit losses of 519 and 522, respectively | 155,606,000 | 136,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
costs and estimated earnings in excess of billings, less allowance for credit losses of 227 and 79, respectively | 69,391,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for credit losses of 11,949 and 11,926, respectively | 1,570,643,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
unbilled accounts receivable, less allowance for credit losses of 929 and 850, respectively | 76,975,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
costs and estimated earnings in excess of billings, less allowance for credit losses of 108 and 79, respectively | 30,118,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for credit losses of 11,926 and 10,640, respectively | 1,318,926,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
unbilled accounts receivable, less allowance for credit losses of 850 and 1,011, respectively | 72,774,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables, less allowance for credit losses of 522 and 510, respectively | 166,319,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
costs and estimated earnings in excess of billings, less allowance for credit losses of 79 and 80, respectively | 28,084,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for credit losses of 10,343 and 10,640, respectively | 1,254,798,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
unbilled accounts receivable, less allowance for credit losses of 1,093 and 1,011, respectively | 78,566,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables, less allowance for credit losses of 514 and 510, respectively | 212,105,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
costs and estimated earnings in excess of billings, less allowance for credit losses of 94 and 80, respectively | 32,554,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for credit losses of 9,972 and 10,640, respectively | 1,177,550,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
unbilled accounts receivable, less allowance for credit losses of 1,103 and 1,011, respectively | 82,401,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables, less allowance for credit losses of 518 and 510, respectively | 59,710,000 | 41,912,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
costs and estimated earnings in excess of billings, less allowance for credit losses of 80 and 80, respectively | 28,554,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for credit losses of 9,718 and 10,640, respectively | 1,176,378,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
unbilled accounts receivable, less allowance for credit losses of 1,031 and 1,011, respectively | 81,151,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
costs and estimated earnings in excess of billings, less allowance for credit losses of 52 and 80, respectively | 26,820,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for credit losses of 10,640 and 8,808, respectively | 1,024,082,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
unbilled accounts receivable, less allowance for credit losses of 1,011 and 715, respectively | 77,030,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables, less allowance for credit losses of 510 and 503, respectively | 38,369,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
costs and estimated earnings in excess of billings, less allowance for credit losses of 80 and 84, respectively | 27,211,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
billings in excess of costs and estimated earnings | 461,781,000 | 411,942,000 | 386,258,000 | 316,478,000 | 307,380,000 | 244,578,000 | 255,357,000 | 248,397,000 | 226,237,000 | 217,454,000 | 226,047,000 | 215,106,000 | 166,918,000 | 167,097,000 | 165,289,000 | 120,290,000 | 130,986,000 | 131,152,000 | 133,962,000 | 107,939,000 | 106,005,000 | 103,049,000 | 99,536,000 | 76,834,000 | 83,985,000 | 81,408,000 | 88,116,000 | 89,647,000 | 80,433,000 | 64,807,000 | 65,949,000 | 67,733,000 | 70,942,000 | 57,150,000 | 53,440,000 | 55,981,000 | 45,769,000 | 40,015,000 | 37,104,000 | |||||||||||||
deferred revenue | 86,512,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for credit losses of 9,903 and 8,808, respectively | 1,026,523,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
unbilled accounts receivable, less allowance for credit losses of 986 and 715, respectively | 89,941,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables, less allowance for credit losses of 498 and 503, respectively | 83,267,000 | 71,408,000 | 73,677,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
costs and estimated earnings in excess of billings, less allowance for credit losses of 67 and 84, respectively | 21,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for credit losses of 9,996 and 8,808, respectively | 942,208,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
unbilled accounts receivable, less allowance for credit losses of 751 and 715, respectively | 79,767,000 | 70,901,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
costs and estimated earnings in excess of billings, less allowance for credit losses of 53 and 84, respectively | 15,629,000 | 18,313,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for credit losses of 8,694 and 8,808, respectively | 804,832,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for credit losses of 8,808 and 9,087, respectively | 773,716,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
unbilled accounts receivable, less allowance for credit losses of 715 and 784, respectively | 61,881,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables, less allowance for credit losses of 503 and 759, respectively | 57,491,000 | 30,489,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
costs and estimated earnings in excess of billings, less allowance for credit losses of 84 and 79, respectively | 29,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for credit losses of 7,618 and 9,087, respectively | 700,629,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
unbilled accounts receivable, less allowance for credit losses of 815 and 784, respectively | 59,473,000 | 53,624,000 | 46,834,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
costs and estimated earnings in excess of billings, less allowance for credit losses of 34 and 79, respectively | 14,972,000 | 12,969,000 | 10,167,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for credit losses of 8,648 and 9,087, respectively | 630,446,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables, less allowance for credit losses of 549 and 759, respectively | 38,515,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for credit losses of 7,993 and 9,087, respectively | 585,594,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables, less allowance for credit losses of 789 and 759, respectively | 38,396,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for credit losses of 9,087 and 6,907, respectively | 619,544,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
unbilled accounts receivable, less allowance for credit losses of 784 and 0, respectively | 45,596,000 | 46,509,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables, less allowance for credit losses of 759 and 0, respectively | 44,212,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
costs and estimated earnings in excess of billings, less allowance for credit losses of 79 and 0, respectively | 18,622,000 | 25,382,000 | 23,515,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for credit losses of 9,896 and 6,907, respectively | 608,861,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables, less allowance for credit losses of 884 and 0, respectively | 36,991,000 | 20,892,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for credit losses of 9,998 and 6,907, respectively | 624,526,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
unbilled accounts receivable, less allowance for credit losses of 684 and 0, respectively | 47,654,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for credit losses of 10,337 and 6,907, respectively | 643,748,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
unbilled accounts receivable, less allowance for credit losses of 785 and 0, respectively | 51,058,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables, less allowance for credit losses of 875 and 0, respectively | 17,908,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
costs and estimated earnings in excess of billings, less allowance for credit losses of 25 and 0, respectively | 7,541,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for doubtful accounts of 6,907 and 5,898, respectively | 619,037,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
unbilled accounts receivable | 55,542,000 | 49,926,000 | 49,195,000 | 38,463,000 | 37,180,000 | 40,251,000 | 42,237,000 | 36,634,000 | ||||||||||||||||||||||||||||||||||||||||||||
other receivables | 37,632,000 | 25,476,000 | 25,313,000 | 13,711,000 | 16,361,000 | 12,187,000 | 11,572,000 | 17,685,000 | 21,235,000 | 13,651,000 | 14,333,000 | 16,001,000 | 20,363,000 | 13,319,000 | 11,122,000 | 8,686,000 | 4,864,000 | 5,975,000 | 4,887,000 | 4,466,000 | 4,171,000 | 5,014,000 | 5,791,000 | 4,493,000 | 3,211,000 | 2,730,000 | 4,103,000 | |||||||||||||||||||||||||
costs and estimated earnings in excess of billings | 2,736,000 | 6,121,000 | 8,221,000 | 8,286,000 | 10,213,000 | 11,008,000 | 7,248,000 | 2,093,000 | 30,116,000 | 39,333,000 | 40,653,000 | 35,974,000 | 29,369,000 | 36,239,000 | 33,752,000 | 17,373,000 | 26,366,000 | 22,924,000 | 23,680,000 | 25,295,000 | 28,923,000 | 25,249,000 | 22,992,000 | 26,467,000 | 26,209,000 | 25,734,000 | 25,440,000 | |||||||||||||||||||||||||
billed accounts receivable, less allowance for doubtful accounts of 6,526 and 5,898, respectively | 607,061,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for doubtful accounts of 5,346 and 5,898, respectively | 587,082,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for doubtful accounts of 5,865 and 5,898, respectively | 447,298,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
long-term lease liabilities | 62,028,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for doubtful accounts of 5,898 and 3,400, respectively | 481,366,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for doubtful accounts of 5,660 and 3,400, respectively | 497,861,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for doubtful accounts of 4,202 and 3,400, respectively | 455,596,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
billed accounts receivable, less allowance for doubtful accounts of 3,516 and 3,400, respectively | 392,998,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivables | 382,867,000 | 390,497,000 | 391,536,000 | 297,079,000 | 318,837,000 | 331,111,000 | 335,280,000 | 228,250,000 | 254,384,000 | 236,854,000 | 234,763,000 | 245,382,000 | 229,685,000 | 206,410,000 | 197,121,000 | 206,147,000 | 199,492,000 | 178,979,000 | 174,682,000 | |||||||||||||||||||||||||||||||||
current maturities of long-term capital lease obligations | 90,000 | 112,000 | 131,000 | 163,000 | 190,000 | 217,000 | ||||||||||||||||||||||||||||||||||||||||||||||
long-term capital lease obligations | 33,000 | 45,000 | 68,000 | 93,000 | 123,000 | 157,000 | ||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax assets | 27,282,000 | 29,717,000 | 28,247,000 | 27,170,000 | 29,187,000 | 28,743,000 | ||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax liabilities | 2,289,000 | 2,289,000 | 2,289,000 | 2,289,000 | 1,810,000 | 1,810,000 | ||||||||||||||||||||||||||||||||||||||||||||||
comfort systems usa, inc. stockholders’ equity | 376,633,000 | 364,980,000 | 352,699,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests | ||||||||||||||||||||||||||||||||||||||||||||||||||||
assets related to discontinued operations | 438,000 | 7,000 | 7,000 | 221,000 | 741,000 | 992,000 | 469,000 | 506,000 | 872,000 | |||||||||||||||||||||||||||||||||||||||||||
property, plant and equipment | 34,083,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
marketable securities | 5,590,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
current maturities of notes to former owners | 2,018,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes payable | 3,202,000 | 734,000 | 1,051,000 | 7,615,000 | 2,132,000 | 2,657,000 | 471,000 | 3,700,000 | ||||||||||||||||||||||||||||||||||||||||||||
accrued self-insurance expense | 26,925,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities related to discontinued operations | 370,000 | 376,000 | 450,000 | 440,000 | 678,000 | 62,000 | 63,000 | 38,000 | ||||||||||||||||||||||||||||||||||||||||||||
notes to former owners, net of current maturities | 6,607,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | -217,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
accrued self insurance expense | 19,251,000 | 20,232,000 | 19,618,000 | 19,422,000 | 19,093,000 | 17,882,000 | 17,388,000 | 18,645,000 | ||||||||||||||||||||||||||||||||||||||||||||
deferred compensation | -1,266,000 | -1,279,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
receivable from sale of operations | 142,000 | 23,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
stock warrant and related put obligation |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2009-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 370,378,000 | 330,806,000 | 291,615,000 | 230,848,000 | 169,289,000 | 145,870,000 | 146,235,000 | 134,009,000 | 96,319,000 | 91,581,000 | 105,125,000 | 69,476,000 | 57,216,000 | 55,424,000 | 61,515,000 | 42,246,000 | 86,762,000 | 37,595,000 | 46,297,000 | 32,965,000 | 26,491,000 | 42,840,000 | 50,088,000 | 39,495,000 | 17,716,000 | 34,052,000 | 36,233,000 | 24,173,000 | 19,866,000 | 25,156,000 | 38,541,000 | 32,547,000 | 16,659,000 | 22,284,000 | 17,972,000 | 7,477,000 | -961,000 | 8,695,000 | 1,806,000 | 19,762,000 | 1,041,000 | 3,594,000 | 4,327,000 | -12,357,000 | 1,453,000 | 4,149,000 | 529,000 | |||
adjustments to reconcile net income to net cash from operating activities— | ||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of identifiable intangible assets | 20,394,000 | 20,148,000 | 19,526,000 | 19,791,000 | 20,115,000 | 22,042,000 | 24,421,000 | 26,890,000 | 23,913,000 | 11,131,000 | 10,929,000 | 11,013,000 | 10,331,000 | 11,193,000 | 11,444,000 | 12,367,000 | 12,791,000 | 11,571,000 | 11,185,000 | 8,824,000 | 8,925,000 | 7,392,000 | 8,165,000 | 10,911,000 | 6,230,000 | 6,861,000 | 7,215,000 | 8,115,000 | 4,891,000 | 5,987,000 | 5,349,000 | 4,926,000 | 3,827,000 | 4,782,000 | 5,320,000 | 5,740,000 | 1,562,000 | 1,958,000 | 2,037,000 | |||||||||||
depreciation expense | 18,566,000 | 17,465,000 | 16,048,000 | 14,856,000 | 14,010,000 | 12,842,000 | 12,333,000 | 11,790,000 | 11,254,000 | 10,445,000 | 9,457,000 | 9,073,000 | 9,187,000 | 8,909,000 | 8,348,000 | 8,249,000 | 8,046,000 | 7,373,000 | 7,141,000 | 6,874,000 | 7,051,000 | 7,113,000 | 7,185,000 | 7,172,000 | 6,461,000 | 6,268,000 | 6,209,000 | 6,180,000 | 5,833,000 | 5,970,000 | 5,661,000 | 5,556,000 | 5,413,000 | 5,338,000 | 5,117,000 | 5,020,000 | 4,577,000 | 4,537,000 | 4,476,000 | 154,000 | 88,000 | 1,065,000 | ||||||||
change in right-of-use assets | 12,668,000 | 11,313,000 | 7,567,000 | 7,310,000 | 7,658,000 | 8,550,000 | 8,077,000 | 6,342,000 | 7,981,000 | 6,334,000 | 8,746,000 | 5,527,000 | 5,357,000 | 5,684,000 | 5,429,000 | 5,710,000 | 4,734,000 | 4,688,000 | 4,350,000 | 4,177,000 | 4,377,000 | 4,354,000 | 3,651,000 | 505,000 | 8,182,000 | 6,335,000 | ||||||||||||||||||||||||
bad debt expense | 838,000 | 992,000 | 1,929,000 | 2,308,000 | 1,380,000 | 1,488,000 | 2,773,000 | 2,335,000 | 356,000 | 2,095,000 | 822,000 | 1,081,000 | 946,000 | 1,199,000 | 355,000 | 1,091,000 | 25,000 | 246,000 | -1,269,000 | 589,000 | -1,018,000 | -65,000 | 725,000 | 42,000 | 4,551,000 | 885,000 | 1,309,000 | 549,000 | 235,000 | 657,000 | 1,719,000 | 925,000 | 261,000 | 153,000 | 91,000 | -281,000 | 219,000 | 150,000 | 120,000 | -2,000 | -352,000 | 821,000 | 388,000 | 150,000 | 74,000 | 74,000 | 1,493,000 | -667,000 | ||
deferred tax provision | 956,000 | -12,814,000 | 6,440,000 | -935,000 | 2,032,000 | -34,102,000 | -14,205,000 | -21,059,000 | 171,655,000 | -27,763,000 | -27,537,000 | -106,083,000 | 5,267,000 | 3,983,000 | 2,328,000 | 313,000 | 1,140,000 | 5,859,000 | -410,000 | -9,150,000 | 4,177,000 | -3,280,000 | 300,000 | -1,631,000 | -3,078,000 | 309,000 | 149,000 | -1,064,000 | -2,880,000 | -248,000 | 8,648,000 | |||||||||||||||||||
amortization of debt financing costs | 232,000 | 232,000 | 446,000 | 171,000 | 169,000 | 173,000 | 172,000 | 171,000 | 171,000 | 173,000 | 172,000 | 171,000 | 169,000 | 173,000 | 172,000 | 308,000 | 133,000 | 135,000 | 136,000 | 134,000 | 133,000 | 136,000 | 138,000 | 135,000 | 135,000 | 100,000 | 96,000 | 95,000 | 96,000 | 95,000 | 96,000 | 98,000 | 94,000 | 94,000 | 94,000 | 94,000 | 94,000 | 94,000 | 94,000 | 0 | 1,000 | 26,000 | 74,000 | 0 | 0 | 25,000 | 271,000 | -102,000 | 6,000 | 120,000 |
gain on sale of assets | -302,000 | -394,000 | -582,000 | -442,000 | -556,000 | -252,000 | -1,347,000 | -611,000 | -820,000 | -619,000 | -579,000 | -592,000 | -512,000 | -473,000 | -406,000 | -383,000 | -323,000 | -519,000 | -180,000 | -491,000 | -350,000 | -202,000 | -377,000 | -312,000 | -554,000 | -582,000 | -708,000 | -192,000 | -219,000 | -315,000 | -219,000 | -200,000 | -211,000 | -206,000 | -184,000 | -126,000 | -154,000 | -238,000 | -166,000 | |||||||||||
changes in the fair value of contingent earn-out obligations | 10,370,000 | 13,539,000 | 12,103,000 | 4,073,000 | 3,758,000 | 43,712,000 | 17,254,000 | 14,689,000 | 12,491,000 | 9,400,000 | 8,727,000 | 3,098,000 | 2,382,000 | 5,349,000 | 3,443,000 | 115,000 | -4,088,000 | -3,297,000 | 1,244,000 | -4,581,000 | -1,186,000 | -7,295,000 | -3,423,000 | 3,871,000 | -2,272,000 | -933,000 | 2,004,000 | 1,762,000 | 158,000 | 2,559,000 | -434,000 | 94,000 | -153,000 | -1,870,000 | -2,469,000 | 598,000 | 26,000 | -263,000 | -804,000 | |||||||||||
stock-based compensation | 19,406,000 | 6,063,000 | 3,553,000 | 4,156,000 | 8,037,000 | 4,517,000 | 2,044,000 | 2,671,000 | 7,414,000 | 3,811,000 | 880,000 | 2,107,000 | 6,141,000 | 3,053,000 | 1,049,000 | 2,434,000 | 3,996,000 | 3,215,000 | 518,000 | 2,149,000 | 4,711,000 | 985,000 | 761,000 | 1,557,000 | 3,631,000 | 1,017,000 | 182,000 | 1,503,000 | 3,176,000 | 1,140,000 | 1,147,000 | 2,081,000 | 2,793,000 | 2,060,000 | 870,000 | 2,114,000 | 1,333,000 | 1,173,000 | 519,000 | |||||||||||
changes in operating assets and liabilities, net of effects of acquisitions and divestitures— | ||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in— | ||||||||||||||||||||||||||||||||||||||||||||||||||
receivables | -214,734,000 | -215,654,000 | -138,964,000 | -287,945,000 | 48,265,000 | -70,275,000 | 4,131,000 | -141,507,000 | -125,582,000 | -5,273,000 | -228,556,000 | -21,789,000 | -125,937,000 | 52,670,000 | -95,977,000 | -127,170,000 | -52,701,000 | -32,237,000 | -18,968,000 | -56,525,000 | 49,684,000 | 5,182,000 | 3,046,000 | 38,152,000 | -7,894,000 | -17,861,000 | -18,566,000 | -51,353,000 | 38,272,000 | 12,105,000 | -25,051,000 | -52,133,000 | -3,542,000 | 252,000 | 835,000 | -63,411,000 | 24,525,000 | 11,339,000 | 2,383,000 | 1,561,000 | 1,305,000 | |||||||||
inventories | -9,881,000 | -4,893,000 | -8,098,000 | -7,599,000 | -3,821,000 | -3,544,000 | 8,098,000 | 7,283,000 | -5,293,000 | -11,416,000 | -12,280,000 | -4,606,000 | -1,386,000 | 2,840,000 | -6,903,000 | -6,328,000 | -3,104,000 | 597,000 | -883,000 | -3,184,000 | -2,181,000 | -749,000 | -488,000 | 36,000 | -256,000 | 2,614,000 | -51,000 | 295,000 | -492,000 | 379,000 | -482,000 | -898,000 | -537,000 | 475,000 | -135,000 | -174,000 | -750,000 | 511,000 | 234,000 | 421,000 | 1,083,000 | 174,000 | 193,000 | 103,000 | ||||||
prepaid expenses and other current assets | -15,666,000 | -78,131,000 | -17,045,000 | 5,861,000 | -2,044,000 | -23,042,000 | 450,000 | 19,223,000 | -4,499,000 | -13,641,000 | 5,927,000 | -2,512,000 | -911,000 | -27,751,000 | 674,000 | 3,642,000 | -2,803,000 | -24,215,000 | 2,555,000 | 13,427,000 | -390,000 | -14,272,000 | -3,965,000 | 7,990,000 | 5,392,000 | -10,894,000 | -3,890,000 | 1,348,000 | -2,083,000 | -2,566,000 | -1,464,000 | 1,161,000 | 3,388,000 | 3,075,000 | -4,651,000 | 3,384,000 | 659,000 | -5,202,000 | -1,999,000 | -2,873,000 | -3,071,000 | 970,000 | ||||||||
costs and estimated earnings in excess of billings and unbilled accounts receivable | -52,575,000 | 99,674,000 | 43,948,000 | -13,467,000 | -150,100,000 | -23,608,000 | -13,045,000 | -40,606,000 | -4,822,000 | 12,676,000 | -161,000 | -2,884,000 | -2,281,000 | 7,537,000 | -15,996,000 | -3,746,000 | 2,562,000 | -8,573,000 | -5,946,000 | -9,592,000 | 6,840,000 | 9,713,000 | -822,000 | -5,490,000 | -695,000 | -2,231,000 | 989,000 | -3,741,000 | 671,000 | 3,884,000 | 383,000 | -10,646,000 | -8,065,000 | |||||||||||||||||
other noncurrent assets | -597,000 | 181,000 | -702,000 | 111,000 | 24,000 | -338,000 | -566,000 | -1,036,000 | -280,000 | 95,000 | 741,000 | -690,000 | -298,000 | -909,000 | -109,000 | -158,000 | 181,000 | 74,000 | -143,000 | -821,000 | -284,000 | -742,000 | -403,000 | -453,000 | 225,000 | -191,000 | -7,419,000 | 3,814,000 | 3,061,000 | 85,000 | -260,000 | -235,000 | 296,000 | 92,000 | 493,000 | -45,000 | 465,000 | -15,000 | -44,000 | 202,000 | 758,000 | -367,000 | -81,000 | 117,000 | 112,000 | |||||
increase in— | ||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and other current liabilities | 4,879,000 | -81,336,000 | 125,415,000 | -7,631,000 | -312,499,000 | |||||||||||||||||||||||||||||||||||||||||||||
billings in excess of costs and estimated earnings and deferred revenue | 225,017,000 | 345,338,000 | 187,966,000 | 273,717,000 | 103,063,000 | -48,275,000 | 47,636,000 | 9,505,000 | 23,307,000 | 132,018,000 | 78,931,000 | -20,923,000 | 159,140,000 | |||||||||||||||||||||||||||||||||||||
other long-term liabilities | -1,121,000 | 16,011,000 | 2,106,000 | 7,312,000 | 3,270,000 | -4,427,000 | -2,160,000 | -2,310,000 | 95,000 | -5,828,000 | 2,619,000 | -21,000 | 6,250,000 | -3,754,000 | -3,456,000 | -2,652,000 | -5,755,000 | -2,724,000 | -3,415,000 | -3,465,000 | -5,209,000 | -8,192,000 | 6,795,000 | 10,975,000 | -8,770,000 | -5,728,000 | -4,302,000 | -2,169,000 | -2,552,000 | -2,322,000 | 5,460,000 | 382,000 | -9,064,000 | 10,678,000 | 332,000 | 181,000 | 47,000 | 601,000 | 452,000 | |||||||||||
net cash from operating activities | 388,828,000 | 468,540,000 | 553,271,000 | 252,495,000 | -87,950,000 | 210,463,000 | 302,179,000 | 189,858,000 | 146,557,000 | 173,008,000 | 214,241,000 | 125,410,000 | 126,909,000 | 132,007,000 | 61,232,000 | 44,563,000 | 63,729,000 | 27,497,000 | 42,585,000 | 25,422,000 | 84,647,000 | 70,110,000 | 52,614,000 | 141,866,000 | 21,920,000 | 42,313,000 | 73,115,000 | 25,609,000 | 991,000 | 79,188,000 | 30,484,000 | 33,667,000 | 3,851,000 | 48,398,000 | 44,512,000 | 11,127,000 | 10,053,000 | 41,434,000 | 13,333,000 | 3,579,000 | 12,178,000 | -3,030,000 | 29,343,000 | -3,826,000 | ||||||
capital expenditures | -147,473,000 | -66,090,000 | -35,332,000 | -31,273,000 | -22,208,000 | -40,676,000 | -22,059,000 | -23,384,000 | -24,952,000 | -25,264,000 | -28,444,000 | -24,610,000 | -16,520,000 | -13,566,000 | -14,578,000 | -11,023,000 | -9,192,000 | -6,466,000 | -5,102,000 | -5,950,000 | -4,812,000 | -4,672,000 | -4,920,000 | -7,042,000 | -7,497,000 | -9,109,000 | -6,961,000 | -6,836,000 | -8,844,000 | -5,209,000 | -7,936,000 | -8,535,000 | -5,588,000 | -18,637,000 | -5,184,000 | -6,569,000 | -5,077,000 | -5,960,000 | -6,353,000 | 0 | 0 | 0 | 0 | 0 | ||||||
free cash flows | 241,355,000 | 402,450,000 | 517,939,000 | 221,222,000 | -110,158,000 | 169,787,000 | 280,120,000 | 166,474,000 | 121,605,000 | 147,744,000 | 185,797,000 | 100,800,000 | 110,389,000 | 118,441,000 | 46,654,000 | 33,540,000 | 54,537,000 | 21,031,000 | 37,483,000 | 19,472,000 | 79,835,000 | 65,438,000 | 47,694,000 | 134,824,000 | 14,423,000 | 33,204,000 | 66,154,000 | 18,773,000 | -7,853,000 | 73,979,000 | 22,548,000 | 25,132,000 | -1,737,000 | 29,761,000 | 39,328,000 | 4,558,000 | 4,976,000 | 35,474,000 | 6,980,000 | 3,579,000 | 12,178,000 | -3,030,000 | 29,343,000 | -3,826,000 | ||||||
cash flows from investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment | -147,473,000 | -66,090,000 | -35,332,000 | -31,273,000 | -22,208,000 | -40,676,000 | -22,059,000 | -23,384,000 | -24,952,000 | -25,264,000 | -28,444,000 | -24,610,000 | -16,520,000 | -13,566,000 | -14,578,000 | -11,023,000 | -9,192,000 | -6,466,000 | -5,102,000 | -5,950,000 | -4,812,000 | -4,672,000 | -4,920,000 | -7,042,000 | -7,497,000 | -9,109,000 | -6,961,000 | -6,836,000 | -8,844,000 | -5,209,000 | -7,936,000 | -8,535,000 | -5,588,000 | -18,637,000 | -5,184,000 | -6,569,000 | -5,077,000 | -5,960,000 | -6,353,000 | |||||||||||
proceeds from sales of property and equipment | 874,000 | 543,000 | 1,088,000 | 969,000 | 1,095,000 | 1,927,000 | 1,782,000 | 815,000 | 1,014,000 | 858,000 | 3,007,000 | 1,464,000 | 622,000 | 707,000 | 592,000 | 503,000 | 1,056,000 | 1,299,000 | 272,000 | 1,032,000 | 498,000 | 380,000 | 512,000 | 688,000 | 690,000 | 712,000 | 815,000 | 275,000 | 357,000 | 621,000 | 416,000 | 295,000 | 366,000 | 575,000 | 179,000 | 313,000 | 292,000 | 215,000 | 353,000 | 244,000 | 41,000 | 41,000 | 328,000 | -21,000 | 61,000 | 109,000 | 343,000 | 290,000 | -85,000 | 148,000 |
cash paid for acquisitions, net of cash acquired | -6,097,000 | -151,016,000 | -4,501,000 | -55,681,000 | -68,412,000 | 0 | -809,000 | -37,987,000 | -196,670,000 | -48,857,000 | 0 | -357,000 | -53,047,000 | -710,000 | -9,134,000 | -39,376,000 | 3,000 | -121,950,000 | -93,801,000 | -1,026,000 | -10,716,000 | -72,996,000 | -10,947,000 | -93,269,000 | -8,729,000 | 0 | -172,000 | -194,985,000 | -1,313,000 | -4,853,000 | -51,619,000 | -6,949,000 | -6,719,000 | 0 | -11,150,000 | -83,397,000 | -313,000 | 1,347,000 | -20,000 | |||||||||||
payments for investments | -45,071,000 | -35,202,000 | -21,521,000 | -220,000 | -7,258,000 | -740,000 | -500,000 | -230,000 | -1,040,000 | -620,000 | -60,000 | -850,000 | -374,000 | 0 | -1,236,000 | |||||||||||||||||||||||||||||||||||
proceeds from investments | 13,766,000 | 20,489,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | -184,001,000 | -231,276,000 | -53,008,000 | -86,205,000 | -96,783,000 | -39,489,000 | -21,586,000 | -60,786,000 | -221,648,000 | -73,883,000 | -25,497,000 | -24,683,000 | -68,945,000 | -14,419,000 | -23,494,000 | -49,896,000 | -9,369,000 | -127,117,000 | -98,631,000 | -5,944,000 | -15,030,000 | -77,288,000 | -15,355,000 | -99,623,000 | -15,536,000 | -8,397,000 | -4,707,000 | -201,546,000 | -9,800,000 | -9,441,000 | -59,139,000 | -15,189,000 | -11,941,000 | -18,062,000 | -16,155,000 | -89,653,000 | -5,098,000 | -4,398,000 | -6,020,000 | 20,301,000 | ||||||||||
cash flows from financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
payments on revolving credit facility | -100,000,000 | 0 | 0 | 0 | -20,000,000 | -162,000,000 | 0 | -140,000,000 | -220,000,000 | -140,000,000 | -180,000,000 | -35,000,000 | -335,000,000 | -10,000,000 | -10,000,000 | -35,000,000 | -10,000,000 | -70,000,000 | -61,500,000 | -13,500,000 | ||||||||||||||||||||||||||||||
payments on other debt | -6,147,000 | -22,000 | -37,022,000 | -22,000 | -5,993,000 | -26,000 | -22,702,000 | -3,826,000 | -22,000 | -10,053,000 | -14,000 | -1,950,000 | -16,000 | -4,422,000 | -13,000 | -24,000 | -7,797,000 | -6,696,000 | -235,000 | -2,070,000 | -12,015,000 | -19,632,000 | -12,817,000 | -530,000 | -33,000 | -2,191,000 | -1,030,000 | -33,000 | -25,000 | -523,000 | -546,000 | -37,000 | -511,000 | -262,000 | -25,000 | -25,000 | -525,000 | |||||||||||||
payments of dividends to stockholders | -24,623,000 | -21,159,000 | -17,641,000 | -15,871,000 | -14,162,000 | -12,444,000 | -10,688,000 | -10,713,000 | -8,921,000 | -8,924,000 | -8,049,000 | -7,152,000 | -6,254,000 | -5,365,000 | -5,013,000 | -5,026,000 | -4,673,000 | -4,693,000 | -4,350,000 | -4,178,000 | -4,163,000 | -3,992,000 | -3,833,000 | -3,830,000 | -3,844,000 | -3,672,000 | -3,673,000 | -3,692,000 | -3,506,000 | -3,338,000 | -3,170,000 | -2,974,000 | -2,786,000 | -2,788,000 | -2,794,000 | -2,797,000 | -2,608,000 | -2,601,000 | -2,619,000 | |||||||||||
share repurchases | -2,548,000 | -91,573,000 | -13,136,000 | -19,921,000 | -91,369,000 | -15,888,000 | ||||||||||||||||||||||||||||||||||||||||||||
shares received in lieu of tax withholding | -3,125,000 | -3,135,000 | -282,000 | -3,977,000 | -2,622,000 | -1,623,000 | -104,000 | -5,062,000 | -2,126,000 | 0 | -36,000 | -2,891,000 | -1,798,000 | 0 | 0 | -1,848,000 | -1,399,000 | 0 | 0 | -1,509,000 | -854,000 | 0 | 0 | -454,000 | -622,000 | 0 | 0 | -717,000 | -781,000 | 0 | 0 | -694,000 | -846,000 | 0 | 0 | -787,000 | -632,000 | 0 | 0 | |||||||||||
proceeds from exercise of options | 383,000 | 0 | 340,000 | 157,000 | 0 | 0 | 27,000 | 0 | 0 | 0 | 18,000 | 142,000 | 2,185,000 | 0 | 2,044,000 | 1,405,000 | 589,000 | 999,000 | 1,349,000 | 181,000 | 20,000 | 800,000 | 206,000 | 740,000 | 1,921,000 | 238,000 | 756,000 | 0 | 560,000 | 736,000 | 845,000 | 0 | -190,000 | 558,000 | 205,000 | 2,246,000 | -918,000 | 41,000 | 1,056,000 | 1,796,000 | 471,000 | -277,000 | 571,000 | |||||||
payments for contingent consideration arrangements | -501,000 | 0 | 0 | 0 | -46,302,000 | -6,794,000 | 0 | 0 | -18,570,000 | 0 | -1,242,000 | 0 | -3,152,000 | -55,000 | -1,752,000 | 0 | -2,616,000 | 0 | 0 | 0 | -9,865,000 | 0 | -750,000 | 0 | -593,000 | -3,250,000 | -150,000 | 0 | 0 | 0 | ||||||||||||||||||||
net cash from financing activities | -136,561,000 | -115,889,000 | 28,550,000 | -39,338,000 | -160,448,000 | -36,618,000 | -64,429,000 | -30,445,000 | -29,267,000 | -31,598,000 | -111,128,000 | -89,280,000 | -66,618,000 | -131,513,000 | -35,728,000 | -41,153,000 | 2,479,000 | 90,675,000 | 70,108,000 | -17,935,000 | -72,397,000 | -8,466,000 | -19,970,000 | -122,256,000 | 76,092,000 | -23,491,000 | -64,832,000 | 183,594,000 | -7,681,000 | -43,375,000 | 19,902,000 | -15,696,000 | -3,233,000 | -23,290,000 | -33,326,000 | 81,547,000 | -5,585,000 | -30,299,000 | -20,258,000 | -2,138,000 | 368,000 | 621,000 | ||||||||
net increase in cash and cash equivalents | 68,266,000 | 121,375,000 | 134,356,000 | 216,164,000 | 67,527,000 | 77,616,000 | 11,447,000 | -8,654,000 | -13,925,000 | 2,010,000 | -46,486,000 | 56,839,000 | -8,945,000 | 14,062,000 | 1,543,000 | -2,780,000 | -15,644,000 | 17,287,000 | -80,011,000 | 82,476,000 | 7,046,000 | -4,969,000 | 3,021,000 | -630,000 | 6,737,000 | -12,945,000 | 554,000 | 32,866,000 | 15,763,000 | 3,253,000 | ||||||||||||||||||||
cash and cash equivalents, beginning of period | 981,898,000 | 0 | 0 | 0 | 549,939,000 | 0 | 0 | 0 | 205,150,000 | 0 | 0 | 0 | 57,214,000 | 0 | 0 | 0 | 58,776,000 | 0 | 0 | 0 | 54,896,000 | 0 | 0 | 0 | 50,788,000 | 0 | 0 | 0 | 45,620,000 | 0 | 0 | 36,542,000 | 0 | 0 | 32,074,000 | 0 | ||||||||||||||
cash and cash equivalents, end of period | 1,050,164,000 | 121,375,000 | 528,813,000 | 126,952,000 | 204,758,000 | 134,356,000 | 216,164,000 | 98,627,000 | 100,792,000 | 67,527,000 | 77,616,000 | 11,447,000 | 48,560,000 | -13,925,000 | 2,010,000 | -46,486,000 | 115,615,000 | -8,945,000 | 14,062,000 | 1,543,000 | 52,116,000 | -15,644,000 | 17,287,000 | -80,011,000 | 133,264,000 | 10,425,000 | 3,576,000 | 7,657,000 | 29,130,000 | -8,753,000 | 2,782,000 | 25,219,000 | -4,969,000 | 3,021,000 | 31,444,000 | -12,945,000 | ||||||||||||||
proceeds from revolving credit facility | 0 | 0 | 0 | 20,000,000 | 162,000,000 | 0 | 40,000,000 | 160,000,000 | 85,000,000 | 60,000,000 | 10,000,000 | 435,000,000 | 50,000,000 | 115,000,000 | 135,000,000 | 15,000,000 | 10,000,000 | 70,000,000 | 20,000,000 | |||||||||||||||||||||||||||||||
proceeds from other debt | 0 | 0 | 0 | 640,000 | ||||||||||||||||||||||||||||||||||||||||||||||
debt financing costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||
deferred acquisition payments | 0 | 0 | 0 | 0 | -50,000 | 0 | 0 | 0 | -400,000 | -150,000 | -100,000 | 0 | -400,000 | 0 | -137,000 | -250,000 | -250,000 | 0 | 0 | 0 | -2,000,000 | -802,000 | ||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | 126,952,000 | -345,181,000 | -104,358,000 | 3,576,000 | 7,657,000 | -16,490,000 | -11,323,000 | |||||||||||||||||||||||||||||||||||||||||||
payments on term loan | 0 | 0 | -112,500,000 | -7,500,000 | 0 | 0 | -7,500,000 | -7,500,000 | 0 | -3,750,000 | ||||||||||||||||||||||||||||||||||||||||
payments on finance lease liabilities | -79,000 | 79,000 | -646,000 | -253,000 | -3,598,000 | |||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued liabilities | 45,795,000 | 159,204,000 | 118,757,000 | -48,915,000 | 51,086,000 | 105,644,000 | 28,652,000 | 67,107,000 | 60,699,000 | 36,183,000 | 1,899,000 | -11,108,000 | 26,076,000 | 22,123,000 | -33,087,000 | 27,117,000 | -14,046,000 | 43,815,000 | -45,799,000 | 24,411,000 | 44,484,000 | 21,482,000 | -59,331,000 | 28,334,000 | 10,067,000 | 25,133,000 | -15,663,000 | -527,000 | 9,173,000 | 29,721,000 | -16,299,000 | 1,108,000 | -4,801,000 | -16,227,000 | 4,266,000 | 873,000 | 12,620,000 | -21,004,000 | ||||||||||||
deferred tax benefit | 2,435,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
share repurchase | -10,844,000 | -295,000 | -12,621,000 | -1,787,000 | -3,208,000 | -3,568,000 | -1,789,000 | -3,573,000 | -18,757,000 | -14,097,000 | -1,523,000 | -22,484,000 | -2,162,000 | -885,000 | -11,343,000 | -7,771,000 | -2,021,000 | -8,985,000 | -4,233,000 | -7,420,000 | -4,576,000 | -3,321,000 | -16,960,000 | -4,743,000 | -2,537,000 | -4,293,000 | -98,000 | -5,093,000 | -1,619,000 | -2,197,000 | -2,111,000 | -6,053,000 | ||||||||||||||||||
billings in excess of costs and estimated earnings | 49,839,000 | 25,684,000 | 68,672,000 | 9,046,000 | 44,363,000 | -27,253,000 | 6,960,000 | 20,550,000 | 5,945,000 | -8,593,000 | -13,255,000 | 35,337,000 | -179,000 | 1,856,000 | 13,439,000 | -10,740,000 | -896,000 | -7,149,000 | 25,124,000 | -293,000 | 2,956,000 | 3,474,000 | 13,986,000 | -7,151,000 | 2,577,000 | -6,708,000 | -26,190,000 | 15,718,000 | -17,001,000 | 10,082,000 | 3,710,000 | 9,074,000 | 4,477,000 | 3,080,000 | 2,737,000 | |||||||||||||||
proceeds from sale of business | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash and cash equivalents | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from senior credit facility | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
payments on senior credit facility | -37,375,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
goodwill impairment | 0 | 0 | 0 | 1,105,000 | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from revolving line of credit | 36,000,000 | 13,000,000 | 253,000,000 | 54,000,000 | 20,000,000 | 70,000,000 | 14,000,000 | 20,000,000 | 37,000,000 | 30,000,000 | 0 | 6,000,000 | ||||||||||||||||||||||||||||||||||||||
payments on revolving line of credit | -51,000,000 | -66,000,000 | -58,000,000 | -53,000,000 | -40,000,000 | -42,000,000 | -22,000,000 | -15,000,000 | -58,000,000 | -52,500,000 | -25,000,000 | -17,000,000 | ||||||||||||||||||||||||||||||||||||||
payments on capital lease obligations | -123,000 | -28,000 | -48,000 | -57,000 | -57,000 | -61,000 | ||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of year | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of year | ||||||||||||||||||||||||||||||||||||||||||||||||||
net income including noncontrolling interests | 16,867,000 | 20,471,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
costs and estimated earnings in excess of billings | 9,217,000 | 1,433,000 | -2,176,000 | -6,605,000 | 6,870,000 | -2,487,000 | 950,000 | 2,679,000 | 862,000 | |||||||||||||||||||||||||||||||||||||||||
excess tax benefit of stock-based compensation | ||||||||||||||||||||||||||||||||||||||||||||||||||
distributions to noncontrolling interests | ||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax expense | -1,077,000 | -633,000 | -444,000 | -570,000 | 916,000 | -1,174,000 | -292,000 | 788,000 | 3,040,000 | -542,000 | 569,000 | 269,000 | ||||||||||||||||||||||||||||||||||||||
cash flows from operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities ― | ||||||||||||||||||||||||||||||||||||||||||||||||||
estimated loss on disposition of discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax (benefit) expense | ||||||||||||||||||||||||||||||||||||||||||||||||||
stock-based compensation expense | -290,000 | 283,000 | 488,000 | 1,358,000 | -242,000 | 320,000 | 326,000 | |||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities, net of effects of acquisitions — | ||||||||||||||||||||||||||||||||||||||||||||||||||
increase in — | ||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property, plant and equipment | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from businesses sold | ||||||||||||||||||||||||||||||||||||||||||||||||||
sale of marketable securities | ||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of marketable securities | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for acquisitions and intangible assets, net of cash acquired | ||||||||||||||||||||||||||||||||||||||||||||||||||
net borrowings on revolving line of credit | ||||||||||||||||||||||||||||||||||||||||||||||||||
payments on other long-term debt | ||||||||||||||||||||||||||||||||||||||||||||||||||
payments of dividends to shareholders | ||||||||||||||||||||||||||||||||||||||||||||||||||
share repurchase program and shares received in lieu of tax withholding | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of period – continuing and discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of period– continuing and discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||
estimated gain on disposition of discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization expense | 135,000 | 1,544,000 | 3,931,000 | 22,000 | 55,000 | 1,258,000 | ||||||||||||||||||||||||||||||||||||||||||||
taxes paid related to the sale of businesses | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from businesses sold, net of cash sold and transaction costs | -26,000 | 32,000 | 25,646,000 | -888,000 | -23,616,000 | 24,595,000 | 1,123,000 | -375,000 | 713,000 | 205,000 | ||||||||||||||||||||||||||||||||||||||||
cash paid for acquisition and intangible assets, net of cash acquired | ||||||||||||||||||||||||||||||||||||||||||||||||||
payments on debt acquired | ||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit of stock-based compensation | 435,000 | 237,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of year—continuing operations and discontinued operations | -21,248,000 | 90,286,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of year—continuing operations and discontinued operations | 18,894,000 | 69,038,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
write-off of debt costs | ||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit of stock-based compensation expense | ||||||||||||||||||||||||||||||||||||||||||||||||||
mark-to-market warrant obligation | ||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities, net of effects of acquisitions and divestitures— increase in— | ||||||||||||||||||||||||||||||||||||||||||||||||||
other | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for acquisition and intangible assets, including cash acquired | ||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings of other long-term debt | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
estimated (gain) loss on disposition of discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||
write off of debt costs | ||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of assets or operations | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of period—continuing operations and discontinued operations | 8,730,000 | 2,768,000 | 55,593,000 | 4,001,000 | -10,122,000 | 32,576,000 | ||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of period—continuing operations and discontinued operations | 1,827,000 | 8,730,000 | 58,361,000 | 7,254,000 | 4,001,000 | 22,454,000 | ||||||||||||||||||||||||||||||||||||||||||||
(increase) decrease in— | ||||||||||||||||||||||||||||||||||||||||||||||||||
increase (decrease) in— | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for acquisition, including cash acquired | ||||||||||||||||||||||||||||||||||||||||||||||||||
net increase (decrease) in cash and cash equivalents | 5,962,000 | 2,768,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit from exercise of options | 1,047,000 | 61,000 | -189,000 | 348,000 | ||||||||||||||||||||||||||||||||||||||||||||||
increase in— accounts payable and accrued liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from (used in) investing activities | 22,655,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
restructuring charges | ||||||||||||||||||||||||||||||||||||||||||||||||||
write-off of debt costs and discount | ||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
deferred compensation expense | 350,000 | 164,000 | -182,000 | 187,000 | ||||||||||||||||||||||||||||||||||||||||||||||
amortization of debt discount | ||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities, net of effects of acquisitions and divestitures— decrease in— | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for acquisition, including cash acquired | ||||||||||||||||||||||||||||||||||||||||||||||||||
net payments on revolving line of credit | ||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of assets or operations | ||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash used in operating activities— | ||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from (used in) financing activities | 52,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
cumulative effect of change in accounting principle | ||||||||||||||||||||||||||||||||||||||||||||||||||
extinguishment of subordinated notes | ||||||||||||||||||||||||||||||||||||||||||||||||||
loss (gain) on sale of assets |
