Construction Partners, Inc(NASDAQ:ROAD)

Construction Partners, Inc., a civil infrastructure company, engages in the construction and maintenance of roadways across Alabama, Florida, Georgia, North Carolina, and South Carolina. The company, through its subsidiaries, provides various products and services to public and private infrastructur...
Website: http://www.constructionpartners.net
Founded: 2001
Full Time Employees: 646
Sector: Industrials
Industry: Engineering & Construction
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At a glance:
Bull Thesis:
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Income 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues | 769,196,000 | 809,469,000 | 899,849,000 | 779,277,000 | 571,650,000 | 561,580,000 | 538,163,000 | 517,794,000 | 371,427,000 | 396,505,000 | 475,026,000 | 421,893,000 | 324,850,000 | 341,779,000 | 393,053,000 | 380,272,000 | 243,385,000 | 284,964,000 | 279,042,000 | 261,656,000 | 179,112,000 | 190,929,000 | 224,645,000 | 217,041,000 | 168,679,000 | 175,314,000 | 237,317,000 | 227,290,000 | 164,304,000 | 154,327,000 | 215,701,000 | 195,075,000 | 118,899,000 |
yoy | 34.56% | 44.14% | 67.21% | 50.50% | 53.91% | 41.63% | 13.29% | 22.73% | 14.34% | 16.01% | 20.86% | 10.95% | 33.47% | 19.94% | 40.86% | 45.33% | 35.88% | 49.25% | 24.21% | 20.56% | 6.19% | 8.91% | -5.34% | -4.51% | 2.66% | 13.60% | 10.02% | 16.51% | 38.19% | ||||
qoq | -4.98% | -10.04% | 15.47% | 36.32% | 1.79% | 4.35% | 3.93% | 39.41% | -6.32% | -16.53% | 12.59% | 29.87% | -4.95% | -13.05% | 3.36% | 56.24% | -14.59% | 2.12% | 6.64% | 46.09% | -6.19% | -15.01% | 3.50% | 28.67% | -3.78% | -26.13% | 4.41% | 38.34% | 6.46% | -28.45% | 10.57% | 64.07% | |
cost of revenues | 670,343,000 | 687,969,000 | 740,487,000 | 647,467,000 | 500,300,000 | 485,009,000 | 454,082,000 | 434,302,000 | 332,626,000 | 344,625,000 | 399,489,000 | 357,821,000 | 298,570,000 | 311,283,000 | 343,462,000 | 336,022,000 | 230,888,000 | 252,000,000 | 244,389,000 | 225,039,000 | 161,040,000 | 160,335,000 | 183,653,000 | 180,549,000 | 147,708,000 | 151,557,000 | 198,385,000 | 189,198,000 | 144,503,000 | 133,199,000 | 182,181,000 | 165,606,000 | 105,150,000 |
gross profit | 98,853,000 | 121,500,000 | 159,362,000 | 131,810,000 | 71,350,000 | 76,571,000 | 84,081,000 | 83,492,000 | 38,801,000 | 51,880,000 | 75,537,000 | 64,072,000 | 26,280,000 | 30,496,000 | 49,591,000 | 44,250,000 | 12,497,000 | 32,964,000 | 34,653,000 | 36,617,000 | 18,072,000 | 30,594,000 | 40,992,000 | 36,492,000 | 20,971,000 | 23,757,000 | 38,932,000 | 38,092,000 | 19,801,000 | 21,128,000 | 33,520,000 | 29,469,000 | 13,749,000 |
yoy | 38.55% | 58.68% | 89.53% | 57.87% | 83.89% | 47.59% | 11.31% | 30.31% | 47.64% | 70.12% | 52.32% | 44.80% | 110.29% | -7.49% | 43.11% | 20.85% | -30.85% | 7.75% | -15.46% | 0.34% | -13.82% | 28.78% | 5.29% | -4.20% | 5.91% | 12.44% | 16.15% | 29.26% | 44.02% | ||||
qoq | -18.64% | -23.76% | 20.90% | 84.74% | -6.82% | -8.93% | 0.71% | 115.18% | -25.21% | -31.32% | 17.89% | 143.81% | -13.82% | -38.50% | 12.07% | 254.08% | -62.09% | -4.87% | -5.36% | 102.62% | -40.93% | -25.37% | 12.33% | 74.01% | -11.73% | -38.98% | 2.21% | 92.37% | -6.28% | -36.97% | 13.75% | 114.34% | |
gross margin % | 12.85% | 15.01% | 17.71% | 16.91% | 12.48% | 13.63% | 15.62% | 16.12% | 10.45% | 13.08% | 15.90% | 15.19% | 8.09% | 8.92% | 12.62% | 11.64% | 5.13% | 11.57% | 12.42% | 13.99% | 10.09% | 16.02% | 18.25% | 16.81% | 12.43% | 13.55% | 16.41% | 16.76% | 12.05% | 13.69% | 15.54% | 15.11% | 11.56% |
general and administrative expenses | -63,596,000 | -61,501,000 | -57,336,000 | -51,026,000 | -46,662,000 | -44,266,000 | -39,836,000 | -38,928,000 | -36,752,000 | -35,981,000 | -33,002,000 | -32,231,000 | -31,989,000 | -29,725,000 | -31,032,000 | -26,584,000 | -25,000,000 | -24,946,000 | -24,124,000 | -23,195,000 | -24,475,000 | -20,084,000 | -17,811,000 | -16,852,000 | -16,821,000 | -17,113,000 | -17,554,000 | -15,968,000 | -14,771,000 | -14,431,000 | -14,731,000 | -14,788,000 | -13,358,000 |
acquisition-related expenses | -2,480,000 | -11,629,000 | -3,729,000 | -1,816,000 | -806,000 | -19,552,000 | |||||||||||||||||||||||||||
gain on sale of property, plant and equipment | 4,606,000 | 2,039,000 | 2,474,000 | 3,975,000 | 3,407,000 | 1,055,000 | 1,523,000 | 1,093,000 | 1,031,000 | 836,000 | 2,223,000 | 1,499,000 | 3,158,000 | 168,000 | |||||||||||||||||||
operating income | 37,383,000 | 50,409,000 | 100,771,000 | 82,943,000 | 27,289,000 | 13,808,000 | 45,768,000 | 45,657,000 | 3,080,000 | 16,735,000 | 44,758,000 | 33,340,000 | -2,551,000 | 6,328,000 | 20,444,000 | 17,999,000 | -11,489,000 | 8,459,000 | 11,395,000 | 14,257,000 | -6,394,000 | 10,843,000 | 23,663,000 | 20,030,000 | 4,585,000 | 6,953,000 | 22,202,000 | 22,182,000 | 5,723,000 | 7,031,000 | 20,064,000 | 14,767,000 | 16,080,000 |
yoy | 36.99% | 265.07% | 120.18% | 81.67% | 786.01% | -17.49% | 2.26% | 36.94% | -220.74% | 164.46% | 118.93% | 85.23% | -77.80% | -25.19% | 79.41% | 26.25% | 79.68% | -21.99% | -51.84% | -28.82% | -239.45% | 55.95% | 6.58% | -9.70% | -19.88% | -1.11% | 10.66% | 50.21% | -64.41% | ||||
qoq | -25.84% | -49.98% | 21.49% | 203.94% | 97.63% | -69.83% | 0.24% | 1382.37% | -81.60% | -62.61% | 34.25% | -1406.94% | -140.31% | -69.05% | 13.58% | -256.66% | -235.82% | -25.77% | -20.07% | -322.97% | -158.97% | -54.18% | 18.14% | 336.86% | -34.06% | -68.68% | 0.09% | 287.59% | -18.60% | -64.96% | 35.87% | -8.17% | |
operating margin % | 4.86% | 6.23% | 11.20% | 10.64% | 4.77% | 2.46% | 8.50% | 8.82% | 0.83% | 4.22% | 9.42% | 7.90% | -0.79% | 1.85% | 5.20% | 4.73% | -4.72% | 2.97% | 4.08% | 5.45% | -3.57% | 5.68% | 10.53% | 9.23% | 2.72% | 3.97% | 9.36% | 9.76% | 3.48% | 4.56% | 9.30% | 7.57% | 13.52% |
interest expense | -25,590,000 | -27,370,000 | -25,397,000 | -25,239,000 | -21,592,000 | -18,130,000 | -6,084,000 | -4,673,000 | -4,568,000 | -3,746,000 | -3,545,000 | -5,039,000 | -4,802,000 | -3,960,000 | -3,524,000 | -2,054,000 | -859,000 | -1,264,000 | -1,070,000 | -568,000 | -298,000 | -468,000 | -423,000 | -575,000 | -1,834,000 | -281,000 | -352,000 | -615,000 | -379,000 | -515,000 | -314,000 | -406,000 | -253,000 |
other income | 276,000 | -253,000 | -422,000 | 246,000 | -159,000 | 421,000 | -117,000 | 32,000 | 43,000 | -28,000 | -50,000 | 493,000 | 398,000 | 34,000 | 263,000 | 178,000 | 43,000 | 116,000 | 158,000 | 252,000 | 244,000 | 165,000 | 379,000 | 645,000 | -753,000 | 65,000 | 120,000 | 190,000 | 123,000 | -11,250 | 15,000 | ||
income before provision for income taxes and earnings from investment in joint venture | 12,069,000 | 74,952,000 | 57,950,000 | 5,538,000 | 17,183,000 | 16,123,000 | -12,305,000 | 7,311,000 | 10,483,000 | 13,941,000 | -6,448,000 | 10,540,000 | 23,619,000 | 20,100,000 | 1,998,000 | 6,737,000 | 21,970,000 | 21,757,000 | 5,467,000 | 6,499,000 | 19,694,000 | 14,376,000 | 15,788,000 | ||||||||||
provision for income taxes | 2,889,000 | 5,580,000 | 18,382,000 | 13,903,000 | 1,310,000 | -849,000 | 10,256,000 | 10,108,000 | -321,000 | 3,118,000 | 10,250,000 | 7,117,000 | -1,474,000 | 510,000 | 4,047,000 | 3,955,000 | -2,887,000 | 1,800,000 | 14,116,000 | -4,600,000 | 1,513,000 | -2,680,000 | 6,138,000 | 4,772,000 | 531,000 | 1,319,000 | 5,829,000 | 4,941,000 | 1,488,000 | 1,651,000 | 5,143,000 | 1,409,000 | 4,770,000 |
loss from investment in joint venture | -13,000 | ||||||||||||||||||||||||||||||||
net income | 9,180,000 | 17,205,000 | 56,570,000 | 44,047,000 | 4,215,000 | -3,051,000 | 29,308,000 | 30,908,000 | -1,124,000 | 9,843,000 | 30,913,000 | 21,677,000 | -5,481,000 | 1,892,000 | 13,115,000 | 12,168,000 | -9,418,000 | 5,511,000 | 7,901,000 | 9,340,000 | -4,935,000 | 7,871,000 | 17,552,000 | 15,747,000 | 1,537,000 | 5,461,000 | 16,553,000 | 17,202,000 | 4,212,000 | 5,154,000 | 15,144,000 | 13,403,000 | 11,248,000 |
yoy | 117.79% | -663.91% | 93.02% | 42.51% | -475.00% | -131.00% | -5.19% | 42.58% | -79.49% | 420.24% | 135.71% | 78.15% | -41.80% | -65.67% | 65.99% | 30.28% | 90.84% | -29.98% | -54.99% | -40.69% | -421.08% | 44.13% | 6.04% | -8.46% | -63.51% | 5.96% | 9.30% | 28.34% | -62.55% | ||||
qoq | -46.64% | -69.59% | 28.43% | 945.01% | -238.15% | -110.41% | -5.18% | -2849.82% | -111.42% | -68.16% | 42.61% | -495.49% | -389.69% | -85.57% | 7.78% | -229.20% | -270.89% | -30.25% | -15.41% | -289.26% | -162.70% | -55.16% | 11.46% | 924.53% | -71.85% | -67.01% | -3.77% | 308.40% | -18.28% | -65.97% | 12.99% | 19.16% | |
net income margin % | 1.19% | 2.13% | 6.29% | 5.65% | 0.74% | -0.54% | 5.45% | 5.97% | -0.30% | 2.48% | 6.51% | 5.14% | -1.69% | 0.55% | 3.34% | 3.20% | -3.87% | 1.93% | 2.83% | 3.57% | -2.76% | 4.12% | 7.81% | 7.26% | 0.91% | 3.11% | 6.98% | 7.57% | 2.56% | 3.34% | 7.02% | 6.87% | 9.46% |
other comprehensive income, net of tax | |||||||||||||||||||||||||||||||||
unrealized gain on interest rate swap contract | 58,000 | -1,210,000 | -2,890,000 | 2,869,000 | -6,722,000 | -540,000 | 2,478,000 | 1,922,000 | 4,127,000 | -3,460,000 | -1,292,000 | 9,337,000 | 1,729,000 | 5,580,000 | 1,445,000 | ||||||||||||||||||
unrealized gain on restricted investments | -158,000 | 36,000 | 102,000 | 231,000 | -333,000 | 418,000 | -34,000 | -87,000 | 400,000 | 81,000 | 36,000 | ||||||||||||||||||||||
other comprehensive income | -100,000 | -1,174,000 | -1,116,000 | -1,894,000 | -2,659,000 | 2,536,000 | -6,304,000 | -574,000 | 2,392,000 | 1,711,000 | 3,998,000 | -3,379,000 | -1,256,000 | 9,165,000 | 1,575,000 | 5,458,000 | 1,445,000 | ||||||||||||||||
comprehensive income | 9,080,000 | 16,031,000 | 55,454,000 | 42,153,000 | 1,556,000 | -515,000 | 23,004,000 | 30,334,000 | 1,268,000 | 3,138,000 | 32,624,000 | 25,675,000 | -8,860,000 | 636,000 | 22,280,000 | 13,743,000 | -3,960,000 | 6,956,000 | |||||||||||||||
net income per share | |||||||||||||||||||||||||||||||||
basic | 0.16 | 0.31 | 1.03 | 0.8 | 0.08 | -0.06 | 0.57 | 0.6 | -0.02 | 0.19 | 0.6 | 0.42 | -0.11 | 0.04 | 0.25 | 0.23 | -0.18 | 0.11 | 0.15 | 0.18 | -0.1 | 0.15 | 0.34 | 0.31 | 0.03 | 0.11 | 0.32 | 0.33 | 0.08 | 0.29 | 0.29 | 0.27 | |
diluted | 0.16 | 0.31 | 1.02 | 0.79 | 0.08 | -0.06 | 0.56 | 0.59 | -0.02 | 0.19 | 0.59 | 0.41 | -0.11 | 0.04 | 0.25 | 0.23 | -0.18 | 0.11 | 0.15 | 0.18 | -0.1 | 0.15 | 0.34 | 0.3 | 0.03 | 0.11 | 0.32 | 0.33 | 0.08 | 0.3 | 0.29 | 0.27 | |
weighted-average number of common shares outstanding: | |||||||||||||||||||||||||||||||||
basic | 55,917,842 | 55,805,173 | 54,943,919 | 55,164,260 | 55,248,526 | 54,160,317 | 51,883,760 | 51,913,124 | 51,938,216 | 51,892,426 | 51,827,001 | 51,827,448 | 51,827,365 | 51,824,948 | 51,773,559 | 51,793,245 | 51,793,443 | 51,696,004 | 51,636,955 | 51,686,735 | 51,686,652 | 51,489,211 | 51,489,211 | 51,489,211 | 51,489,211 | 51,489,211 | 51,421,159 | 51,414,619 | 51,414,619 | 45,605,845 | 46,557,785 | 41,717,024 | |
diluted | 56,256,531 | 56,045,949 | 55,371,061 | 55,654,653 | 55,669,646 | 54,160,317 | 52,574,503 | 52,654,882 | 51,938,216 | 52,430,864 | 52,260,206 | 52,293,846 | 51,827,365 | 52,120,584 | 51,957,420 | 51,888,511 | 51,793,443 | 51,977,974 | 51,773,213 | 51,864,403 | 51,686,652 | 51,717,848 | 51,636,934 | 51,646,385 | 51,619,403 | 51,609,380 | 51,427,220 | 51,422,899 | 51,414,619 | 45,919,648 | 46,988,359 | 41,910,122 | |
income before provision for income taxes | 22,786,000 | -3,901,000 | 13,133,000 | 41,016,000 | -1,445,000 | 12,961,000 | 6,060,250 | 28,794,000 | -6,955,000 | 2,402,000 | |||||||||||||||||||||||
earnings from investment in joint venture | -1,000 | 1,000 | -1,000 | 11,000 | 71,000 | 419,000 | 70,000 | 43,000 | 412,000 | 386,000 | 233,000 | 306,000 | 593,000 | 436,000 | 230,000 | ||||||||||||||||||
unrealized (loss) on interest rate swap contract | -504,250 | -1,996,000 | |||||||||||||||||||||||||||||||
gain on facility exchange | 5,389,000 | ||||||||||||||||||||||||||||||||
other comprehensive loss, net of tax | |||||||||||||||||||||||||||||||||
unrealized loss on interest rate swap contract | -7,105,000 | ||||||||||||||||||||||||||||||||
other comprehensive loss | -6,705,000 | ||||||||||||||||||||||||||||||||
unrealized loss on restricted investments | -3,000 | -129,000 | -69,000 | -154,000 | -122,000 | ||||||||||||||||||||||||||||
gain on sale of equipment | 1,885,000 | 333,000 | 1,014,000 | 441,000 | 866,000 | 835,000 | 9,000 | 333,000 | 482,000 | 390,000 | 435,000 | 309,000 | 824,000 | 58,000 | 693,000 | 334,000 | 1,275,000 | 86,000 | 886,000 | ||||||||||||||
settlement income | 14,803,000 | ||||||||||||||||||||||||||||||||
other expense | -17,000 | -39,000 | |||||||||||||||||||||||||||||||
net income per share | |||||||||||||||||||||||||||||||||
basic and diluted | 0.1 | ||||||||||||||||||||||||||||||||
weighted-average number of common shares outstanding: | |||||||||||||||||||||||||||||||||
basic and diluted | 51,414,619 | ||||||||||||||||||||||||||||||||
loss on extinguishment of debt |
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 |
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assets | |||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||
cash and cash equivalents | 76,860,000 | 104,093,000 | 156,062,000 | 114,336,000 | 101,855,000 | 132,504,000 | 74,686,000 | 56,327,000 | 47,957,000 | 68,738,000 | 48,243,000 | 54,878,000 | 30,512,000 | 43,234,000 | 35,531,000 | 26,079,000 | 29,608,000 | 35,565,000 | 57,251,000 | 134,468,000 | 33,749,000 | 51,719,000 | 148,316,000 | 78,695,000 | 53,794,000 | 49,443,000 | 80,619,000 | 59,648,000 | 61,911,000 | 91,567,000 | 99,137,000 | ||
restricted cash | 120,000 | 97,000 | 2,953,000 | 1,969,000 | 1,729,000 | 564,000 | 1,998,000 | 2,116,000 | 2,479,000 | 973,000 | 837,000 | 71,000 | 119,000 | 275,000 | 28,000 | 105,000 | 1,721,000 | ||||||||||||||||
contracts receivable including retainage | 515,650,000 | 437,963,000 | 549,884,000 | 464,529,000 | 409,209,000 | 384,076,000 | 350,811,000 | 340,684,000 | 275,570,000 | 255,529,000 | 303,704,000 | 254,972,000 | 243,261,000 | 230,310,000 | 265,207,000 | 239,990,000 | 170,739,000 | 164,456,000 | 158,170,000 | 164,305,000 | 125,146,000 | 113,057,000 | 131,770,000 | 133,086,000 | 122,897,000 | 118,548,000 | 139,882,000 | 134,709,000 | 105,541,000 | 93,972,000 | 120,291,000 | 115,679,000 | 75,883,000 |
costs and estimated earnings in excess of billings on uncompleted contracts | 64,539,000 | 56,900,000 | 45,340,000 | 54,564,000 | 46,488,000 | 35,705,000 | 25,966,000 | 32,550,000 | 36,120,000 | 30,439,000 | 27,296,000 | 33,449,000 | 29,126,000 | 32,395,000 | 29,271,000 | 32,635,000 | 24,409,000 | 21,960,000 | 23,023,000 | 15,770,000 | 17,675,000 | 12,148,000 | 7,873,000 | 15,604,000 | 16,101,000 | 14,152,000 | 12,030,000 | 14,043,000 | 12,595,000 | 10,192,000 | 9,334,000 | 12,747,000 | 10,132,000 |
inventories | 176,802,000 | 170,019,000 | 155,133,000 | 148,541,000 | 146,901,000 | 145,208,000 | 106,704,000 | 104,554,000 | 102,750,000 | 96,662,000 | 84,038,000 | 88,233,000 | 86,197,000 | 79,558,000 | 74,195,000 | 77,383,000 | 69,500,000 | 57,707,000 | 53,792,000 | 50,841,000 | 46,129,000 | 41,719,000 | 38,561,000 | 39,256,000 | 42,010,000 | 36,271,000 | 34,291,000 | 37,069,000 | 33,042,000 | 28,538,000 | 24,556,000 | 25,145,000 | 19,829,000 |
prepaid expenses and other current assets | 28,424,000 | 40,045,000 | 25,459,000 | 25,504,000 | 23,330,000 | 25,059,000 | 24,841,000 | 17,955,000 | 10,586,000 | 9,029,000 | 9,306,000 | 9,694,000 | 16,900,000 | 15,343,000 | 12,957,000 | 12,948,000 | 17,982,000 | 12,265,000 | 7,790,000 | 7,967,000 | 10,047,000 | 9,980,000 | 5,041,000 | 9,277,000 | 11,547,000 | 16,087,000 | 13,144,000 | 13,533,000 | 17,124,000 | 16,414,000 | 14,137,000 | ||
total current assets | 862,395,000 | 809,117,000 | 934,831,000 | 809,443,000 | 729,512,000 | 723,116,000 | 585,006,000 | 554,186,000 | 475,462,000 | 461,370,000 | 473,424,000 | 441,297,000 | 406,115,000 | 401,115,000 | 417,189,000 | 389,140,000 | 313,959,000 | 298,521,000 | 300,026,000 | 373,351,000 | 232,746,000 | 228,623,000 | 331,561,000 | 275,918,000 | 246,349,000 | 234,501,000 | 279,966,000 | 259,002,000 | 230,213,000 | 240,683,000 | 267,455,000 | 243,171,000 | 144,251,000 |
property, plant and equipment | 1,265,112,000 | 1,253,035,000 | 1,153,070,000 | 1,147,613,000 | 1,103,392,000 | 1,030,892,000 | 629,924,000 | 579,106,000 | 565,351,000 | 561,661,000 | 505,095,000 | 502,732,000 | 502,985,000 | 498,293,000 | 481,412,000 | 453,973,000 | 454,630,000 | 428,965,000 | 404,832,000 | 296,697,000 | 289,893,000 | 285,235,000 | 237,230,000 | 236,751,000 | 240,083,000 | 229,502,000 | 205,870,000 | 201,712,000 | 197,869,000 | 178,972,000 | 178,692,000 | 177,222,000 | 125,264,000 |
operating lease right-of-use assets | 95,724,000 | 94,313,000 | 76,355,000 | 70,323,000 | 56,336,000 | 42,513,000 | 38,932,000 | 33,329,000 | 26,721,000 | 18,415,000 | 14,485,000 | 17,484,000 | 16,792,000 | 17,735,000 | 13,985,000 | 11,165,000 | 11,508,000 | 11,003,000 | 6,535,000 | 6,661,000 | 6,778,000 | 6,938,000 | 7,383,000 | 7,879,000 | 8,569,000 | 8,532,000 | |||||||
goodwill | 1,097,535,000 | 1,077,372,000 | 943,309,000 | 775,756,000 | 745,040,000 | 644,206,000 | 231,656,000 | 200,333,000 | 181,467,000 | 176,530,000 | 159,270,000 | 157,289,000 | 163,385,000 | 159,949,000 | 129,465,000 | 124,987,000 | 132,789,000 | 120,986,000 | 85,422,000 | 78,444,000 | 77,442,000 | 77,034,000 | 46,348,000 | 46,348,000 | 46,348,000 | 45,467,000 | 38,546,000 | 36,968,000 | 36,968,000 | 32,919,000 | 32,919,000 | 34,398,000 | 30,600,000 |
intangible assets | 76,391,000 | 78,438,000 | 79,230,000 | 81,864,000 | 79,916,000 | 88,120,000 | 20,549,000 | 20,879,000 | 21,451,000 | 19,791,000 | 19,520,000 | 21,169,000 | 15,399,000 | 15,696,000 | 15,976,000 | 12,613,000 | 3,986,000 | 4,075,000 | 4,163,000 | 5,134,000 | 4,753,000 | 3,172,000 | 3,224,000 | 3,277,000 | 3,329,000 | 3,381,000 | 3,434,000 | 3,091,000 | 3,306,000 | 3,521,000 | 3,735,000 | 2,325,000 | 2,400,000 |
investment in joint venture | 72,000 | 72,000 | 72,000 | 85,000 | 84,000 | 84,000 | 84,000 | 87,000 | 87,000 | 87,000 | 87,000 | 87,000 | 87,000 | 108,000 | 108,000 | 108,000 | 108,000 | 108,000 | 109,000 | 109,000 | 198,000 | 528,000 | 109,000 | 39,000 | 496,000 | 384,000 | 398,000 | 165,000 | 1,659,000 | 1,066,000 | 630,000 | ||
restricted investments | 16,150,000 | 21,108,000 | 23,176,000 | 21,954,000 | 20,220,000 | 17,473,000 | 18,020,000 | 17,016,000 | 15,452,000 | 14,585,000 | 15,079,000 | 13,353,000 | 11,303,000 | 6,737,000 | 6,866,000 | 7,312,000 | 6,203,000 | ||||||||||||||||
other assets | 25,450,000 | 25,204,000 | 28,813,000 | 18,816,000 | 19,038,000 | 21,511,000 | 17,964,000 | 27,163,000 | 27,412,000 | 23,711,000 | 32,705,000 | 30,428,000 | 24,755,000 | 29,392,000 | 30,541,000 | 21,041,000 | 14,392,000 | 7,198,000 | 5,534,000 | 6,591,000 | 3,651,000 | 2,730,000 | 1,784,000 | 1,973,000 | 1,952,000 | 1,953,000 | 2,284,000 | 6,292,000 | 6,151,000 | 9,972,000 | 10,270,000 | 14,562,000 | 14,442,000 |
total assets | 3,438,757,000 | 3,358,587,000 | 3,238,856,000 | 2,925,841,000 | 2,753,526,000 | 2,567,916,000 | 1,542,135,000 | 1,432,096,000 | 1,313,400,000 | 1,276,150,000 | 1,219,665,000 | 1,183,839,000 | 1,140,821,000 | 1,129,004,000 | 1,095,521,000 | 1,020,339,000 | 937,575,000 | 872,584,000 | 806,620,000 | 767,372,000 | 615,758,000 | 604,227,000 | 628,114,000 | 573,845,000 | 547,912,000 | 524,548,000 | 531,769,000 | 509,024,000 | 476,485,000 | 467,812,000 | 496,310,000 | 474,363,000 | 319,822,000 |
liabilities and stockholders’ equity | |||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||
accounts payable | 290,346,000 | 221,202,000 | 284,218,000 | 244,123,000 | 199,210,000 | 171,608,000 | 182,572,000 | 158,617,000 | 141,522,000 | 131,749,000 | 151,406,000 | 126,745,000 | 121,422,000 | 111,752,000 | 130,468,000 | 119,774,000 | 87,323,000 | 78,722,000 | 86,390,000 | 82,817,000 | 62,518,000 | 49,727,000 | 64,732,000 | 57,579,000 | 57,990,000 | 48,627,000 | 70,442,000 | 65,232,000 | 47,599,000 | 38,220,000 | 63,510,000 | 48,104,000 | 37,324,000 |
billings in excess of costs and estimated earnings on uncompleted contracts | 142,185,000 | 146,435,000 | 129,300,000 | 124,152,000 | 136,303,000 | 136,660,000 | 120,065,000 | 113,195,000 | 103,453,000 | 88,649,000 | 78,905,000 | 68,748,000 | 62,004,000 | 57,147,000 | 52,477,000 | 47,516,000 | 46,441,000 | 38,752,000 | 33,719,000 | 31,555,000 | 26,443,000 | 30,930,000 | 33,704,000 | 34,511,000 | 29,540,000 | 31,169,000 | 31,115,000 | 32,344,000 | 34,657,000 | 39,471,000 | 38,738,000 | 39,520,000 | 32,107,000 |
current portion of operating lease liabilities | 26,807,000 | 24,909,000 | 19,867,000 | 17,548,000 | 14,234,000 | 10,586,000 | 9,065,000 | 7,324,000 | 5,564,000 | 3,479,000 | 2,338,000 | 2,385,000 | 2,243,000 | 2,316,000 | 2,209,000 | 2,087,000 | 2,078,000 | 1,909,000 | 1,395,000 | 1,501,000 | 1,663,000 | 1,712,000 | 2,046,000 | 2,379,000 | 2,722,000 | 2,930,000 | |||||||
current maturities of long-term debt | 38,500,000 | 38,500,000 | 38,500,000 | 38,500,000 | 40,375,000 | 37,719,000 | 26,563,000 | 23,906,000 | 15,000,000 | 15,000,000 | 15,000,000 | 14,000,000 | 13,500,000 | 12,500,000 | 12,500,000 | 12,500,000 | 10,000,000 | 10,000,000 | 10,000,000 | 13,000,000 | 13,000,000 | ||||||||||||
accrued expenses and other current liabilities | 66,472,000 | 77,185,000 | 110,163,000 | 127,875,000 | 123,488,000 | 113,176,000 | 42,189,000 | 42,975,000 | 24,608,000 | 24,055,000 | 31,534,000 | 28,935,000 | 26,158,000 | 19,177,000 | 28,484,000 | 22,256,000 | 16,832,000 | 13,314,000 | 26,459,000 | 25,684,000 | 22,706,000 | 12,150,000 | 22,347,000 | 21,388,000 | 15,699,000 | 11,649,000 | 19,078,000 | 19,028,000 | 15,559,000 | 12,118,000 | 17,520,000 | 23,059,000 | 16,789,000 |
total current liabilities | 564,310,000 | 508,231,000 | 582,048,000 | 552,198,000 | 513,610,000 | 469,749,000 | 380,454,000 | 346,017,000 | 290,147,000 | 262,932,000 | 279,183,000 | 240,813,000 | 225,327,000 | 202,892,000 | 226,138,000 | 204,133,000 | 162,674,000 | 142,697,000 | 157,963,000 | 151,557,000 | 126,330,000 | 107,519,000 | 135,829,000 | 126,057,000 | 114,408,000 | 102,886,000 | 128,173,000 | 131,375,000 | 112,651,000 | 104,645,000 | 134,541,000 | 125,471,000 | 96,220,000 |
long-term liabilities: | |||||||||||||||||||||||||||||||||
long-term debt | 1,710,699,000 | 1,704,656,000 | 1,573,614,000 | 1,392,639,000 | 1,319,325,000 | 1,183,132,000 | 486,961,000 | 453,942,000 | 423,388,000 | 427,064,000 | 360,740,000 | 405,416,000 | 408,967,000 | 413,018,000 | 363,066,000 | 341,173,000 | 317,303,000 | 273,732,000 | 206,175,000 | 188,591,000 | 72,680,000 | 75,867,000 | 79,053,000 | 55,756,000 | 57,096,000 | 49,149,000 | 42,458,000 | 37,096,000 | 40,701,000 | 44,368,000 | 48,115,000 | 51,786,000 | 37,175,000 |
operating lease liabilities, net of current portion | 69,461,000 | 70,215,000 | 57,201,000 | 53,225,000 | 42,728,000 | 32,650,000 | 30,661,000 | 26,762,000 | 21,717,000 | 15,493,000 | 12,649,000 | 15,607,000 | 14,982,000 | 15,748,000 | 12,059,000 | 9,337,000 | 9,631,000 | 9,289,000 | 5,302,000 | 5,320,000 | 5,308,000 | 5,422,000 | 5,554,000 | 5,710,000 | 6,058,000 | 5,818,000 | |||||||
deferred income taxes | 83,543,000 | 78,934,000 | 80,079,000 | 52,989,000 | 52,407,000 | 53,335,000 | 53,852,000 | 34,895,000 | 35,438,000 | 34,509,000 | 37,121,000 | 25,700,000 | 24,938,000 | 25,982,000 | 26,713,000 | 20,140,000 | 19,527,000 | 17,570,000 | 386,000 | 386,000 | 386,000 | 386,000 | 1,171,000 | 1,173,000 | 1,173,000 | 1,173,000 | 1,575,000 | 1,580,000 | 1,580,000 | 1,580,000 | 1,619,000 | 2,235,000 | |
other long-term liabilities | 31,359,000 | 27,404,000 | 33,951,000 | 21,462,000 | 17,587,000 | 17,982,000 | 16,467,000 | 17,539,000 | 17,727,000 | 14,993,000 | 13,398,000 | 15,203,000 | 13,919,000 | 12,508,000 | 11,666,000 | 14,863,000 | 13,338,000 | 11,976,000 | 10,919,000 | 8,228,000 | 8,451,000 | 7,955,000 | 8,480,000 | 7,793,000 | 7,759,000 | 6,031,000 | 6,108,000 | 5,621,000 | 5,408,000 | 5,286,000 | 5,295,000 | 4,801,000 | 4,837,000 |
total long-term liabilities | 1,895,062,000 | 1,881,209,000 | 1,744,845,000 | 1,520,315,000 | 1,432,047,000 | 1,287,099,000 | 587,941,000 | 533,138,000 | 498,270,000 | 492,059,000 | 423,908,000 | 461,926,000 | 462,806,000 | 467,256,000 | 413,504,000 | 385,513,000 | 359,799,000 | 312,567,000 | 239,758,000 | 216,142,000 | 100,442,000 | 103,247,000 | 107,090,000 | 80,540,000 | 82,393,000 | 72,478,000 | 60,046,000 | 51,466,000 | 54,999,000 | 58,544,000 | 62,300,000 | 64,567,000 | 48,568,000 |
total liabilities | 2,459,372,000 | 2,389,440,000 | 2,326,893,000 | 2,072,513,000 | 1,945,657,000 | 1,756,848,000 | 968,395,000 | 879,155,000 | 788,417,000 | 754,991,000 | 703,091,000 | 702,739,000 | 688,133,000 | 670,148,000 | 639,642,000 | 589,646,000 | 522,473,000 | 455,264,000 | 397,721,000 | 367,699,000 | 226,772,000 | 210,766,000 | 242,919,000 | 206,597,000 | 196,801,000 | 175,364,000 | 188,219,000 | 182,841,000 | 167,650,000 | 163,189,000 | 196,841,000 | 190,038,000 | 144,788,000 |
stockholders’ equity: | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized and no shares issued and outstanding at march 31, 2026 and september 30, 2025 | |||||||||||||||||||||||||||||||||
class a common stock | 48,000 | 48,000 | 47,000 | 47,000 | 47,000 | 47,000 | 44,000 | 44,000 | 44,000 | 44,000 | 44,000 | 44,000 | 41,000 | 41,000 | 41,000 | 41,000 | 41,000 | 41,000 | 37,000 | 36,000 | 35,000 | 34,000 | 34,000 | 34,000 | 33,000 | 33,000 | 33,000 | 32,000 | 12,000 | 12,000 | 12,000 | 12,000 | |
class b common stock | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 19,000 | 19,000 | 20,000 | 21,000 | 21,000 | 21,000 | 22,000 | 22,000 | 22,000 | 22,000 | 42,000 | 42,000 | 42,000 | 42,000 | |
additional paid-in capital | 609,457,000 | 604,755,000 | 541,179,000 | 535,259,000 | 531,279,000 | 527,986,000 | 278,065,000 | 275,562,000 | 272,669,000 | 270,113,000 | 267,330,000 | 264,480,000 | 261,743,000 | 259,051,000 | 256,571,000 | 253,665,000 | 251,817,000 | 250,075,000 | 248,571,000 | 247,224,000 | 245,877,000 | 245,417,000 | 245,022,000 | 244,627,000 | 244,237,000 | 243,847,000 | 243,452,000 | 242,639,000 | 242,493,000 | 242,493,000 | 242,493,000 | 242,493,000 | 142,536,000 |
treasury stock | -59,770,000 | -56,226,000 | -34,589,000 | -31,850,000 | -31,176,000 | -23,128,000 | -11,490,000 | -6,783,000 | -1,514,000 | -1,514,000 | -178,000 | -178,000 | -178,000 | -178,000 | -39,000 | -39,000 | -39,000 | -39,000 | -15,603,000 | -15,603,000 | -15,603,000 | -15,603,000 | -15,603,000 | -15,603,000 | -15,603,000 | -15,603,000 | -15,603,000 | -15,603,000 | -15,603,000 | -15,603,000 | -15,603,000 | -15,603,000 | -11,525,000 |
accumulated other comprehensive income | 3,095,000 | 3,195,000 | 4,369,000 | 5,485,000 | 7,379,000 | 10,038,000 | 7,502,000 | 13,807,000 | 14,381,000 | 11,989,000 | 18,694,000 | 16,983,000 | 12,985,000 | 16,364,000 | 17,620,000 | 8,455,000 | 6,880,000 | 1,422,000 | |||||||||||||||
retained earnings | 443,376,000 | 434,196,000 | 416,991,000 | 360,421,000 | 316,374,000 | 312,159,000 | 315,210,000 | 285,902,000 | 254,994,000 | 256,118,000 | 246,275,000 | 215,362,000 | 193,685,000 | 199,166,000 | 197,274,000 | 184,159,000 | 171,991,000 | 181,409,000 | 175,898,000 | 167,997,000 | 158,657,000 | 163,592,000 | 155,721,000 | 138,169,000 | 122,422,000 | 120,885,000 | 115,646,000 | 99,093,000 | 81,891,000 | 77,679,000 | 72,525,000 | 57,381,000 | 43,978,000 |
total stockholders’ equity | 979,385,000 | 969,147,000 | 911,963,000 | 853,328,000 | 807,869,000 | 811,068,000 | 573,740,000 | 552,941,000 | 524,983,000 | 521,159,000 | 516,574,000 | 481,100,000 | 452,688,000 | 458,856,000 | 455,879,000 | 430,693,000 | 415,102,000 | 417,320,000 | 408,899,000 | 399,673,000 | 388,986,000 | 393,461,000 | 385,195,000 | 367,248,000 | 351,111,000 | 349,184,000 | 343,550,000 | 299,469,000 | 284,325,000 | 175,034,000 | |||
total liabilities and stockholders’ equity | 3,438,757,000 | 3,358,587,000 | 3,238,856,000 | 2,925,841,000 | 2,753,526,000 | 2,567,916,000 | 1,542,135,000 | 1,432,096,000 | 1,313,400,000 | 1,276,150,000 | 1,219,665,000 | 1,183,839,000 | 1,140,821,000 | 1,129,004,000 | 1,095,521,000 | 1,020,339,000 | 937,575,000 | 872,584,000 | 806,620,000 | 767,372,000 | 615,758,000 | 604,227,000 | 628,114,000 | 573,845,000 | 547,912,000 | 524,548,000 | 531,769,000 | 496,310,000 | 474,363,000 | 319,822,000 | |||
commitments and contingencies | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized and no shares issued and outstanding at december 31, 2025 and september 30, 2025 | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized at september 30, 2025 and september 30, 2024 and no shares issued and outstanding | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized and no shares issued and outstanding at june 30, 2025 and september 30, 2024 | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized and no shares issued and outstanding at march 31, 2025 and september 30, 2024 | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized and no shares issued and outstanding at december 31, 2024 and september 30, 2024 | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized at september 30, 2024 and september 30, 2023 and no shares issued and outstanding | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized and no shares issued and outstanding at june 30, 2024 and september 30, 2023 | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized and no shares issued and outstanding at march 31, 2024 and september 30, 2023 | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized and no shares issued and outstanding at december 31, 2023 and september 30, 2023 | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized at september 30, 2023 and september 30, 2022 and no shares issued and outstanding | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized and no shares issued and outstanding at june 30, 2023 and september 30, 2022 | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized and no shares issued and outstanding at march 31, 2023 and september 30, 2022 | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized and no shares issued and outstanding at december 31, 2022 and september 30, 2022 | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized at september 30, 2022 and september 30, 2021 and no shares issued and outstanding | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized and no shares issued and outstanding at june 30, 2022 and september 30, 2021 | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized at march 31, 2022 and september 30, 2021 and no shares issued and outstanding | |||||||||||||||||||||||||||||||||
short-term restricted cash | 6,568,000 | ||||||||||||||||||||||||||||||||
long-term restricted cash | 1,728,000 | ||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized at december 31, 2021 and september 30, 2021 and no shares issued and outstanding | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized at september 30, 2021 and september 30, 2020 and no shares issued and outstanding | |||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -23,000 | ||||||||||||||||||||||||||||||||
current maturities of debt | 10,000,000 | 13,000,000 | 10,200,000 | 8,457,000 | 8,511,000 | 7,538,000 | 14,771,000 | 14,836,000 | 14,836,000 | 14,773,000 | 14,788,000 | 10,000,000 | |||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized at june 30, 2021 and september 30, 2020 and no shares issued and outstanding | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized at march 31, 2021 and september 30, 2020 and no shares issued and outstanding | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized at december 31, 2020 and september 30, 2020 and no shares issued and outstanding | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized at september 30, 2020 and september 30, 2019 and no shares issued and outstanding | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized at june 30, 2020 and september 30, 2019 and no shares issued and outstanding | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized at march 31, 2020 and september 30, 2019 and no shares issued and outstanding | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized at december 31, 2019 and september 30, 2019 and no shares issued and outstanding | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized at september 30, 2019 and september 30, 2018 and no shares issued and outstanding | |||||||||||||||||||||||||||||||||
liabilities and stockholders' equity | |||||||||||||||||||||||||||||||||
stockholders' equity: | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized and no shares issued and outstanding at june 30, 2019 and september 30, 2018 | |||||||||||||||||||||||||||||||||
total stockholders' equity | 326,183,000 | 308,835,000 | 304,623,000 | ||||||||||||||||||||||||||||||
total liabilities and stockholders' equity | 509,024,000 | 476,485,000 | 467,812,000 | ||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized and no shares issued and outstanding at march 31, 2019 and september 30, 2018 | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized and no shares issued and outstanding at december 31, 2018 and september 30, 2018 | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 10,000,000 shares authorized at september 30, 2018 and 1,000,000 shares authorized at september 30, 2017 and no shares issued and outstanding | |||||||||||||||||||||||||||||||||
common stock, .001 par value... | |||||||||||||||||||||||||||||||||
cash | 75,183,000 | 25,797,000 | |||||||||||||||||||||||||||||||
other current assets | 14,417,000 | 12,610,000 | |||||||||||||||||||||||||||||||
stockholders’ equity | |||||||||||||||||||||||||||||||||
preferred stock, par value 0.001; 1,000,000 shares authorized and no shares issued and outstanding | |||||||||||||||||||||||||||||||||
common stock, 0.001 par value... | 45,000 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | ||||||||||||||||||||||||||||||||
net income | 9,180,000 | 17,205,000 | 56,570,000 | 44,047,000 | 4,215,000 | -3,051,000 | 29,308,000 | 30,908,000 | -1,124,000 | 9,843,000 | 30,913,000 | 1,892,000 | 13,115,000 | 12,168,000 | -9,418,000 | 5,511,000 | 7,901,000 | 9,340,000 | -4,935,000 | 7,871,000 | 17,552,000 | 15,747,000 | 1,537,000 | 5,461,000 | 16,553,000 | 17,202,000 | 4,212,000 | 5,154,000 | 15,144,000 | 13,403,000 | ||
adjustments to reconcile net income to net cash, cash equivalents and restricted cash from operating activities: | ||||||||||||||||||||||||||||||||
depreciation, depletion, accretion and amortization | 46,269,000 | 45,030,000 | 40,529,000 | 39,294,000 | 37,263,000 | 31,184,000 | 25,452,000 | 23,507,000 | 22,840,000 | 21,121,000 | 18,375,000 | |||||||||||||||||||||
amortization of deferred debt issuance costs | 668,000 | 667,000 | 454,000 | 1,168,000 | 1,716,000 | 495,000 | 139,000 | 75,000 | 74,000 | 74,000 | 34,000 | 21,000 | ||||||||||||||||||||
provision for bad debt | 141,000 | 141,000 | 218,000 | 88,000 | 80,000 | 92,000 | 35,000 | 54,000 | 281,000 | 380,000 | 30,000 | 40,000 | 130,000 | -1,207,000 | 17,000 | 113,000 | 344,000 | 79,000 | 186,000 | 175,000 | 254,000 | 146,000 | 160,000 | 145,000 | 574,000 | 131,000 | 145,000 | 145,000 | 169,000 | 145,000 | ||
gain on sale of property, plant and equipment | -4,606,000 | -2,039,000 | -2,474,000 | -3,975,000 | -3,407,000 | -1,055,000 | -1,523,000 | -1,093,000 | -1,031,000 | -836,000 | -2,223,000 | -1,499,000 | -3,158,000 | -168,000 | ||||||||||||||||||
realized loss on sales, calls and maturities of restricted investments | 37,000 | 4,000 | 26,000 | 23,000 | 1,000 | |||||||||||||||||||||||||||
share-based compensation expense | 7,528,000 | 14,882,000 | 10,142,000 | 7,980,000 | 4,480,000 | 14,403,000 | 4,206,000 | 3,985,000 | 3,332,000 | 2,889,000 | ||||||||||||||||||||||
distribution of earnings from investment in joint venture | 0 | 71,000 | 0 | 0 | 0 | 100,000 | 401,000 | |||||||||||||||||||||||||
loss from investment in joint venture | 0 | 0 | 0 | |||||||||||||||||||||||||||||
deferred income tax benefit | 4,597,000 | -789,000 | 1,180,000 | -69,000 | -1,411,000 | 112,000 | 98,000 | -404,000 | 79,000 | 78,000 | -302,000 | 52,000 | 50,000 | -295,000 | ||||||||||||||||||
other non-cash adjustments | -421,000 | -74,000 | 73,000 | -177,000 | -259,000 | -229,000 | -121,000 | 45,000 | -138,000 | -86,000 | -146,000 | -48,000 | -14,000 | -55,000 | -57,000 | 58,000 | 6,000 | 33,000 | 11,000 | -33,000 | -3,000 | -21,000 | 7,000 | -1,000 | -5,000 | -6,000 | ||||||
changes in operating assets and liabilities, net of business acquisitions: | ||||||||||||||||||||||||||||||||
contracts receivable including retainage | -68,270,000 | 127,022,000 | -62,121,000 | -43,177,000 | -13,224,000 | 62,560,000 | 4,683,000 | -54,753,000 | -20,064,000 | 63,507,000 | -48,738,000 | -11,315,000 | -12,980,000 | 47,072,000 | -25,210,000 | -68,044,000 | -4,597,000 | 776,000 | 5,901,000 | -39,238,000 | -12,275,000 | 18,538,000 | 1,062,000 | -10,335,000 | -5,301,000 | 21,981,000 | -5,747,000 | -29,299,000 | -11,714,000 | 26,174,000 | -4,782,000 | -30,756,000 |
costs and estimated earnings in excess of billings on uncompleted contracts | -5,430,000 | -10,675,000 | 11,800,000 | -7,570,000 | -9,240,000 | -5,767,000 | 9,804,000 | 3,526,000 | -5,596,000 | -2,203,000 | 6,153,000 | -4,323,000 | 3,241,000 | -2,498,000 | 3,364,000 | -8,226,000 | -2,449,000 | 1,188,000 | -7,253,000 | 1,905,000 | -5,527,000 | -4,275,000 | 7,731,000 | 497,000 | -1,949,000 | -2,122,000 | 2,013,000 | -1,448,000 | -2,403,000 | -858,000 | 3,173,000 | -588,000 |
inventories | -6,446,000 | -3,334,000 | -271,000 | -493,000 | 6,047,000 | -10,434,000 | 1,479,000 | -991,000 | -6,088,000 | -9,880,000 | 4,679,000 | -1,847,000 | -6,685,000 | -3,467,000 | 4,213,000 | -8,061,000 | -11,136,000 | -2,529,000 | 4,129,000 | -4,579,000 | -4,410,000 | 928,000 | 695,000 | 2,754,000 | -3,097,000 | -1,535,000 | 3,166,000 | -4,027,000 | -3,983,000 | -3,982,000 | 589,000 | -993,000 |
prepaid expenses and other current assets | 12,706,000 | -14,134,000 | 2,058,000 | 174,000 | 5,391,000 | -143,000 | -11,821,000 | -3,359,000 | 1,086,000 | 1,079,000 | 436,000 | 6,460,000 | -2,931,000 | -315,000 | -2,585,000 | 5,823,000 | -4,636,000 | -3,514,000 | -36,000 | 2,620,000 | -224,000 | -4,119,000 | 4,236,000 | 2,270,000 | 4,540,000 | -2,943,000 | ||||||
other assets | -29,000 | 2,137,000 | 540,000 | -2,295,000 | -1,234,000 | 410,000 | 393,000 | -330,000 | -265,000 | -320,000 | 154,000 | -77,000 | 137,000 | -343,000 | 1,938,000 | -3,243,000 | 919,000 | -569,000 | 1,195,000 | -2,848,000 | -329,000 | -946,000 | 189,000 | -21,000 | 1,000 | 331,000 | 4,008,000 | -141,000 | 3,821,000 | 298,000 | 4,292,000 | -119,000 |
accounts payable | 63,856,000 | -74,938,000 | 31,497,000 | 43,581,000 | 19,884,000 | -47,490,000 | 12,798,000 | 13,171,000 | 13,794,000 | -26,330,000 | 24,661,000 | 5,323,000 | 10,816,000 | -23,580,000 | 11,294,000 | 32,451,000 | 8,006,000 | -10,432,000 | 3,412,000 | 19,253,000 | 12,791,000 | -15,255,000 | 7,153,000 | -411,000 | 9,363,000 | -21,815,000 | 5,210,000 | 17,633,000 | 9,379,000 | -25,290,000 | 15,406,000 | 7,134,000 |
billings in excess of costs and estimated earnings on uncompleted contracts | -5,209,000 | 6,926,000 | 3,890,000 | -14,775,000 | -1,008,000 | 6,302,000 | -2,173,000 | 4,630,000 | 13,858,000 | 8,554,000 | 9,940,000 | 6,744,000 | 5,101,000 | 2,314,000 | 2,256,000 | 1,075,000 | 7,689,000 | 4,615,000 | 2,164,000 | 5,112,000 | -4,487,000 | -2,774,000 | -807,000 | 4,971,000 | -1,629,000 | 54,000 | -1,229,000 | -2,313,000 | -4,814,000 | 733,000 | -782,000 | 2,824,000 |
accrued expenses and other current liabilities | 9,580,000 | -18,704,000 | -9,049,000 | 18,074,000 | 7,121,000 | -6,554,000 | -542,000 | 17,346,000 | -3,654,000 | -8,322,000 | 4,081,000 | 4,548,000 | 3,372,000 | -9,661,000 | -4,613,000 | 5,011,000 | 1,859,000 | -13,816,000 | 878,000 | 2,978,000 | 9,419,000 | -9,427,000 | 1,057,000 | 5,996,000 | 3,477,000 | -7,444,000 | 620,000 | 3,469,000 | 3,430,000 | -5,402,000 | 1,270,000 | -2,801,000 |
other long-term liabilities | 1,113,000 | -6,837,000 | 365,000 | -140,000 | -2,160,000 | 1,333,000 | 820,000 | -2,177,000 | 999,000 | 1,162,000 | -1,820,000 | 1,269,000 | 1,380,000 | 1,404,000 | -2,491,000 | 758,000 | 1,612,000 | 1,455,000 | 2,482,000 | -91,000 | -110,000 | -130,000 | 678,000 | 1,000 | 53,000 | -77,000 | 487,000 | 213,000 | 122,000 | -9,000 | 1,196,000 | -169,000 |
net cash from operating activities, net of business acquisitions | 83,021,000 | 34,631,000 | 18,172,000 | 60,378,000 | ||||||||||||||||||||||||||||
cash flows from investing activities: | ||||||||||||||||||||||||||||||||
purchases of property, plant and equipment | -46,258,000 | -35,470,000 | -33,045,000 | -36,660,000 | -41,394,000 | -26,832,000 | -17,520,000 | -14,892,000 | -28,735,000 | -26,783,000 | -18,764,000 | -18,647,000 | -28,736,000 | -31,663,000 | -16,615,000 | -17,533,000 | -19,597,000 | -15,106,000 | -16,744,000 | -12,690,000 | -16,436,000 | -10,462,000 | -11,039,000 | -7,023,000 | -10,917,000 | -23,595,000 | -10,735,000 | -11,942,000 | -12,396,000 | -7,406,000 | -9,344,000 | -11,494,000 |
proceeds from sale of property, plant and equipment | 7,956,000 | 5,546,000 | 6,519,000 | 5,259,000 | 4,148,000 | 1,843,000 | 6,012,000 | 3,085,000 | 2,502,000 | 2,460,000 | 5,058,000 | 4,339,000 | 6,694,000 | 1,607,000 | ||||||||||||||||||
proceeds from sales, calls and maturities of restricted investments | 4,411,000 | 942,000 | 905,000 | 1,013,000 | 170,000 | |||||||||||||||||||||||||||
business acquisitions, net of cash acquired | -60,773,000 | -215,102,000 | -219,490,000 | -106,927,000 | -174,536,000 | -654,200,000 | -96,558,000 | -47,369,000 | -6,499,000 | -81,351,000 | -9,047,000 | -4,898,000 | -636,000 | -77,206,000 | -25,675,000 | 0 | -36,992,000 | -65,901,000 | -118,431,000 | -7,809,000 | -408,000 | -84,086,000 | 0 | 0 | ||||||||
purchase of restricted investments | -5,980,000 | -2,506,000 | -2,734,000 | 230,000 | -1,304,000 | |||||||||||||||||||||||||||
net cash from investing activities | -94,247,000 | -242,853,000 | -247,057,000 | -139,897,000 | -214,203,000 | -679,030,000 | -108,487,000 | -60,740,000 | -33,697,000 | -104,661,000 | -24,734,000 | -21,403,000 | -26,565,000 | -70,670,000 | -38,719,000 | -18,430,000 | -59,903,000 | -80,274,000 | -133,882,000 | -19,065,000 | -16,409,000 | -94,056,000 | -10,180,000 | -6,399,000 | -22,433,000 | -40,351,000 | -13,877,000 | -11,229,000 | -30,049,000 | -5,070,000 | -7,302,000 | -62,411,000 |
cash flows from financing activities: | ||||||||||||||||||||||||||||||||
proceeds from revolving credit facility | 45,000,000 | 140,000,000 | 73,438,000 | 0 | 90,000,000 | 53,000,000 | 46,000,000 | 70,000,000 | ||||||||||||||||||||||||
proceeds from issuance of long-term debt, net of debt issuance costs | 408,583,000 | -1,042,000 | 60,850,000 | |||||||||||||||||||||||||||||
settlement of stock awards | 0 | -2,490,000 | ||||||||||||||||||||||||||||||
repayments of long-term debt | -39,625,000 | -9,625,000 | -2,125,000 | -7,438,000 | -128,163,000 | -20,000,000 | -3,750,000 | -23,750,000 | -3,125,000 | -3,125,000 | -3,125,000 | -2,500,000 | -2,500,000 | -86,350,000 | -3,250,000 | -3,250,000 | -17,580,000 | -7,145,000 | -2,149,000 | -1,897,000 | -3,698,000 | -3,695,000 | -3,711,000 | -3,696,000 | -3,665,000 | |||||||
purchase of treasury stock | -3,544,000 | -22,424,000 | -2,739,000 | -674,000 | -8,048,000 | -12,081,000 | -4,707,000 | -5,269,000 | 0 | -1,336,000 | 0 | 0 | 0 | -139,000 | 0 | 0 | 0 | -39,000 | ||||||||||||||
net cash from financing activities | 1,831,000 | 105,461,000 | 177,782,000 | 69,597,000 | 129,085,000 | 694,751,000 | 30,830,000 | 34,116,000 | -3,750,000 | 64,914,000 | -43,750,000 | -3,125,000 | -3,125,000 | 49,736,000 | 21,875,000 | 26,300,000 | 43,500,000 | 67,461,000 | 17,499,000 | 112,848,000 | -3,250,000 | -3,250,000 | 26,042,000 | 362,000 | 7,855,000 | 7,628,000 | -2,463,000 | -3,698,000 | -3,695,000 | -3,711,000 | -11,205,000 | 116,261,000 |
net change in cash, cash equivalents and restricted cash | -27,210,000 | -54,825,000 | 42,710,000 | 12,721,000 | -29,484,000 | 56,384,000 | 18,241,000 | 8,007,000 | -19,275,000 | 20,631,000 | -5,869,000 | 24,318,000 | -12,878,000 | 7,950,000 | -13,390,000 | |||||||||||||||||
cash, cash equivalents and restricted cash: | ||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, beginning of period | 0 | 159,015,000 | 0 | 0 | 76,684,000 | 0 | 0 | 49,080,000 | 0 | 0 | 35,559,000 | 0 | 0 | 57,251,000 | ||||||||||||||||||
cash, cash equivalents and restricted cash, end of period | -27,210,000 | 104,190,000 | 12,721,000 | -29,484,000 | 133,068,000 | 8,007,000 | -19,275,000 | 69,711,000 | 24,318,000 | -12,878,000 | 43,509,000 | -5,145,000 | -12,532,000 | 43,861,000 | ||||||||||||||||||
supplemental cash flow information: | ||||||||||||||||||||||||||||||||
cash paid for interest | 24,976,000 | 26,365,000 | 22,428,000 | 22,363,000 | 20,737,000 | 15,051,000 | 6,479,000 | 5,632,000 | 4,877,000 | 4,692,000 | 4,838,000 | 5,272,000 | 4,983,000 | 4,064,000 | 3,562,000 | 2,352,000 | 1,767,000 | 1,608,000 | 1,247,000 | 647,000 | 631,000 | 672,000 | 625,000 | 492,000 | 428,000 | 496,000 | 641,000 | 633,000 | 618,000 | 747,000 | 758,000 | 608,000 |
cash paid for income taxes | 1,930,000 | 1,688,000 | 1,162,000 | 1,130,000 | -12,000 | 395,000 | 0 | 296,000 | 2,650,000 | 250,000 | 4,305,000 | 2,200,000 | 3,100,000 | 300,000 | 5,887,000 | 1,700,000 | 1,472,000 | 60,000 | 1,800,000 | 9,850,000 | ||||||||||||
cash paid for operating lease liabilities | 7,900,000 | 6,805,000 | 5,693,000 | 4,508,000 | 3,958,000 | 3,233,000 | 2,568,000 | 2,871,000 | 551,000 | 884,000 | 1,227,000 | 598,000 | 470,000 | 734,000 | 613,000 | 639,000 | 579,000 | 565,000 | 737,000 | 561,000 | 486,000 | 748,000 | 764,000 | 792,000 | 802,000 | 870,000 | ||||||
non-cash items: | ||||||||||||||||||||||||||||||||
operating lease right-of-use assets obtained in exchange for operating lease liabilities | 9,168,000 | 21,742,000 | 31,002,000 | -2,993,000 | 16,652,000 | 3,961,000 | 6,111,000 | 12,987,000 | 5,301,000 | 4,698,000 | -2,308,000 | 1,355,000 | -299,000 | 4,361,000 | 3,420,000 | 226,000 | 992,000 | 4,991,000 | 1,249,000 | 474,000 | 333,000 | 282,000 | 275,000 | 101,000 | 923,000 | 217,000 | ||||||
property, plant and equipment financed with accounts payable | -2,484,000 | 12,178,000 | 830,000 | -1,090,000 | 3,089,000 | 3,694,000 | 4,737,000 | -64,000 | -4,534,000 | 7,088,000 | 4,953,000 | 6,256,000 | 1,549,000 | 403,000 | 391,000 | 572,000 | -37,000 | 191,000 | 178,000 | 243,000 | ||||||||||||
amounts (receivable) payable to sellers in business combinations | ||||||||||||||||||||||||||||||||
realized loss on restricted investments | 9,000 | 19,000 | ||||||||||||||||||||||||||||||
loss (earnings) from investment in joint venture | 1,000 | |||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | ||||||||||||||||||||||||||||||||
net cash from operating activities, net of acquisitions | 82,567,000 | 40,663,000 | 62,615,000 | 48,846,000 | 16,812,000 | 28,884,000 | 39,166,000 | 6,936,000 | 37,311,000 | 12,664,000 | ||||||||||||||||||||||
proceeds from sale of restricted investments | 3,713,000 | 2,417,000 | ||||||||||||||||||||||||||||||
purchases of restricted investments | -1,540,000 | -2,258,000 | ||||||||||||||||||||||||||||||
proceeds from issuance of long-term debt, net of debt issuance costs and discount | 834,995,000 | 0 | 25,000,000 | 19,999,000 | 29,580,000 | 17,942,000 | 15,000,000 | 9,777,000 | ||||||||||||||||||||||||
issuance of stock for business acquisition | 51,500,000 | 236,250,000 | ||||||||||||||||||||||||||||||
amounts payable to sellers in business combination | 3,596,000 | 86,000,000 | ||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||
unrealized loss on derivative instruments | 0 | -10,000 | -32,000 | 226,000 | -1,066,000 | -878,000 | 1,279,000 | 1,007,000 | -68,000 | -764,000 | ||||||||||||||||||||||
gain on facility exchange | 0 | 0 | 0 | -5,389,000 | ||||||||||||||||||||||||||||
realized losses on restricted investments | 20,000 | 6,000 | ||||||||||||||||||||||||||||||
deferred income taxes | 3,507,000 | 3,133,000 | 949,000 | 2,040,000 | ||||||||||||||||||||||||||||
proceeds from facility exchange | 0 | 0 | 565,000 | 36,422,000 | ||||||||||||||||||||||||||||
proceeds from the sale of restricted investments | ||||||||||||||||||||||||||||||||
principal payments of long-term debt | ||||||||||||||||||||||||||||||||
beginning of year | ||||||||||||||||||||||||||||||||
end of year | ||||||||||||||||||||||||||||||||
amounts payable to sellers in business combinations | -19,181,000 | 161,000 | ||||||||||||||||||||||||||||||
earnings from investment in joint venture | -1,000 | 0 | 1,000 | 0 | -11,000 | -71,000 | -419,000 | -70,000 | -43,000 | -412,000 | -386,000 | -233,000 | -306,000 | -593,000 | -436,000 | |||||||||||||||||
provision (recovery) for bad debt | ||||||||||||||||||||||||||||||||
equity-based compensation expense | 2,850,000 | 2,737,000 | 2,692,000 | 2,480,000 | 2,906,000 | 1,848,000 | 1,742,000 | 1,504,000 | 1,347,000 | 1,347,000 | 460,000 | 395,000 | 395,000 | 390,000 | 390,000 | 395,000 | 811,000 | 0 | 371,000 | |||||||||||||
non-compete agreements to seller in business combination | -500,000 | 0 | ||||||||||||||||||||||||||||||
depreciation, depletion, accretion and amortization of long-lived assets | 19,536,000 | 17,244,000 | 17,144,000 | 15,903,000 | ||||||||||||||||||||||||||||
amortization of deferred debt issuance costs and debt discount | 74,000 | 74,000 | 77,000 | 70,000 | 71,000 | 57,000 | 63,000 | 63,000 | 64,000 | 41,000 | 38,000 | 36,000 | 28,000 | 28,000 | 27,000 | |||||||||||||||||
changes in operating assets and liabilities, net of acquisition: | ||||||||||||||||||||||||||||||||
proceeds from restricted investments | 537,000 | |||||||||||||||||||||||||||||||
net proceeds from revolving credit facility | 0 | |||||||||||||||||||||||||||||||
property, plant and equipment included with accounts payable at period end | -1,370,000 | 194,000 | -885,000 | |||||||||||||||||||||||||||||
amounts payable to seller in business combination | 0 | |||||||||||||||||||||||||||||||
net loss | ||||||||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash, cash equivalents and restricted cash from operating activities: | ||||||||||||||||||||||||||||||||
changes in operating assets and liabilities, net of acquisitions: | ||||||||||||||||||||||||||||||||
gain on sale of equipment | -1,885,000 | -333,000 | -1,014,000 | -441,000 | -866,000 | -835,000 | -9,000 | -333,000 | -482,000 | -390,000 | -435,000 | -309,000 | -824,000 | -58,000 | -693,000 | -334,000 | -1,275,000 | -86,000 | ||||||||||||||
proceeds from sale of equipment | 3,341,000 | 407,000 | 3,044,000 | 733,000 | 1,293,000 | 1,434,000 | 435,000 | 492,000 | 859,000 | 763,000 | 927,000 | 492,000 | 1,558,000 | 313,000 | 2,049,000 | 536,000 | ||||||||||||||||
return of investment in joint venture | ||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash, cash equivalents and restricted cash (used by) provided by operating activities: | ||||||||||||||||||||||||||||||||
unrealized gain on derivative instruments | -459,000 | -1,994,000 | -136,000 | -1,165,000 | ||||||||||||||||||||||||||||
net cash (used by) provided by operating activities, net of acquisitions | ||||||||||||||||||||||||||||||||
principal payments on long-term debt | ||||||||||||||||||||||||||||||||
net change in cash and cash equivalents | -5,145,000 | -77,217,000 | 100,719,000 | -17,970,000 | -96,597,000 | 69,621,000 | 24,901,000 | 4,351,000 | -31,176,000 | 20,971,000 | -2,263,000 | -29,656,000 | -7,570,000 | |||||||||||||||||||
net cash from operating activities, net of acquisition | -577,000 | 709,000 | 30,938,000 | 18,929,000 | 1,547,000 | |||||||||||||||||||||||||||
acquisition of liquid asphalt terminal assets | 0 | 0 | ||||||||||||||||||||||||||||||
payment of treasury stock purchase obligation | ||||||||||||||||||||||||||||||||
proceeds from sale of stock | ||||||||||||||||||||||||||||||||
cash and cash equivalents: | ||||||||||||||||||||||||||||||||
depreciation, depletion and amortization of long-lived assets | 12,626,000 | 12,291,000 | 11,094,000 | 10,236,000 | 10,034,000 | 9,593,000 | 9,438,000 | 8,533,000 | 8,059,000 | 7,501,000 | 7,138,000 | 7,392,000 | 6,621,000 | |||||||||||||||||||
beginning of period | 0 | 0 | 148,316,000 | 0 | 0 | 0 | 80,619,000 | 0 | 0 | 0 | 99,137,000 | 0 | 0 | |||||||||||||||||||
end of period | 100,719,000 | -17,970,000 | 51,719,000 | 69,621,000 | 24,901,000 | 4,351,000 | 49,443,000 | 20,971,000 | -2,263,000 | -29,656,000 | 91,567,000 | 23,954,000 | 49,386,000 | |||||||||||||||||||
distributions received from investment in joint venture | 0 | 500,000 | 300,000 | 400,000 | 0 | 1,800,000 | ||||||||||||||||||||||||||
loss on derivative instruments | -89,000 | -274,000 | ||||||||||||||||||||||||||||||
business acquisition, net of cash acquired | -17,748,000 | 0 | 0 | |||||||||||||||||||||||||||||
investment in joint venture | 0 | 0 | ||||||||||||||||||||||||||||||
repayments on revolving credit facility | ||||||||||||||||||||||||||||||||
payment to seller of pre-acquisition balance due | ||||||||||||||||||||||||||||||||
proceeds from initial public offering of class a common stock, net of offering costs | 0 | |||||||||||||||||||||||||||||||
other current assets | 3,591,000 | -710,000 | -2,277,000 | 279,000 | -1,075,000 | |||||||||||||||||||||||||||
proceeds from reissuance of treasury stock | ||||||||||||||||||||||||||||||||
net cash from operating activities | 1,211,000 | -4,464,000 | ||||||||||||||||||||||||||||||
capital expenditures | -7,406,000 | -11,494,000 | ||||||||||||||||||||||||||||||
free cash flows | -6,195,000 | -15,958,000 | ||||||||||||||||||||||||||||||
note receivable obtained in consideration for disposition of assets | ||||||||||||||||||||||||||||||||
loss on extinguishment of debt | ||||||||||||||||||||||||||||||||
proceeds from sale of treasury stock | 0 | |||||||||||||||||||||||||||||||
common stock dividend paid | ||||||||||||||||||||||||||||||||
outstanding note receivable in consideration of disposition of assets | ||||||||||||||||||||||||||||||||
proceeds from sales of equipment | 402,000 | |||||||||||||||||||||||||||||||
repayments of revolving credit facility | 0 | |||||||||||||||||||||||||||||||
proceeds from issuance of long-term debt, net of deferred issuance costs | ||||||||||||||||||||||||||||||||
net change in cash | 49,386,000 | |||||||||||||||||||||||||||||||
cash: | ||||||||||||||||||||||||||||||||
non-cash investing activities: | ||||||||||||||||||||||||||||||||
non cash investing activities: | ||||||||||||||||||||||||||||||||
property, plant and equipment financed by accounts payable |
