$GLDD
Great Lakes Dredge & Dock CORP

2018 Q4 Form 10-Q Financial Statement

#000156459018027478 Filed on November 06, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q4
Revenue $173.2M $204.3M $81.40M
YoY Change 112.78% 25.11% -61.86%
Cost Of Revenue $137.6M $162.2M $93.60M
YoY Change 47.01% 13.02% -51.07%
Gross Profit $35.60M $42.13M -$12.20M
YoY Change -391.8% 112.6% -155.2%
Gross Profit Margin 20.55% 20.62% -14.99%
Selling, General & Admin $15.40M $14.30M $5.700M
YoY Change 170.18% -18.29% -69.19%
% of Gross Profit 43.26% 33.94%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $12.30M $11.30M $17.30M
YoY Change -28.9% 0.89% 0.0%
% of Gross Profit 34.55% 26.82%
Operating Expenses $15.40M $14.40M $5.700M
YoY Change 170.18% -17.71% -69.19%
Operating Profit $20.20M $23.39M -$17.90M
YoY Change -212.85% 1002.73% -597.22%
Interest Expense -$7.900M -$8.062M -$7.600M
YoY Change 3.95% 25.64% -13.64%
% of Operating Profit -39.11% -34.47%
Other Income/Expense, Net -$600.0K $100.0K $400.0K
YoY Change -250.0% -137.59% -126.67%
Pretax Income $8.200M $15.70M -$29.50M
YoY Change -127.8% -304.99% 141.8%
Income Tax $3.200M $3.900M -$10.50M
% Of Pretax Income 39.02% 24.84%
Net Earnings -$7.700M $11.70M -$6.500M
YoY Change 18.46% -336.6% -7.14%
Net Earnings / Revenue -4.45% 5.73% -7.99%
Basic Earnings Per Share
Diluted Earnings Per Share -$123.2K $184.8K -$105.5K
COMMON SHARES
Basic Shares Outstanding 62.48M
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $34.50M $23.10M $15.90M
YoY Change 116.98% 120.0% 41.96%
Cash & Equivalents $34.46M $23.13M $15.85M
Short-Term Investments
Other Short-Term Assets $31.91M $39.40M $38.61M
YoY Change -17.35% -69.83% -39.12%
Inventory $28.11M $32.00M $34.43M
Prepaid Expenses $4.710M $5.031M
Receivables $64.78M $122.8M $51.94M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $206.7M $217.4M $262.2M
YoY Change -21.16% -15.08% -14.66%
LONG-TERM ASSETS
Property, Plant & Equipment $369.9M $365.5M $396.9M
YoY Change -6.82% -11.63% -3.89%
Goodwill $76.58M $76.58M
YoY Change 0.0% -8.38%
Intangibles
YoY Change
Long-Term Investments $5.200M $2.700M
YoY Change -28.77% -42.55%
Other Assets $15.87M $12.59M $13.13M
YoY Change 20.89% -84.28% -39.35%
Total Long-Term Assets $523.6M $532.9M $570.2M
YoY Change -8.17% -9.01% -2.76%
TOTAL ASSETS
Total Short-Term Assets $206.7M $217.4M $262.2M
Total Long-Term Assets $523.6M $532.9M $570.2M
Total Assets $730.3M $750.3M $832.4M
YoY Change -12.26% -10.86% -6.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $71.54M $80.30M $87.66M
YoY Change -18.39% 19.5% -15.05%
Accrued Expenses $48.35M $47.41M $56.22M
YoY Change -13.99% -5.74% -18.58%
Deferred Revenue $17.79M $17.79M
YoY Change 0.0%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $11.50M $909.0K $1.212M
YoY Change 848.84% -67.54% -50.83%
Total Short-Term Liabilities $163.1M $139.8M $150.3M
YoY Change 8.57% 10.32% -16.45%
LONG-TERM LIABILITIES
Long-Term Debt $322.0M $321.7M $333.1M
YoY Change -3.36% -23.98% 16.36%
Other Long-Term Liabilities $7.280M $7.900M $6.336M
YoY Change 14.9% -8.14% -9.65%
Total Long-Term Liabilities $329.2M $321.7M $339.5M
YoY Change -3.02% -25.49% 15.74%
TOTAL LIABILITIES
Total Short-Term Liabilities $163.1M $139.8M $150.3M
Total Long-Term Liabilities $329.2M $321.7M $339.5M
Total Liabilities $515.3M $461.5M $611.1M
YoY Change -15.66% -24.71% -5.36%
SHAREHOLDERS EQUITY
Retained Earnings -$74.97M -$67.10M
YoY Change 11.73% 87.22%
Common Stock $295.1M $289.8M
YoY Change 1.83% 1.23%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.433M $1.433M
YoY Change 0.0% 0.0%
Treasury Stock Shares
Shareholders Equity $214.9M $224.4M $221.3M
YoY Change
Total Liabilities & Shareholders Equity $730.3M $750.3M $832.4M
YoY Change -12.26% -10.86% -6.85%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q4
OPERATING ACTIVITIES
Net Income -$7.700M $11.70M -$6.500M
YoY Change 18.46% -336.6% -7.14%
Depreciation, Depletion And Amortization $12.30M $11.30M $17.30M
YoY Change -28.9% 0.89% 0.0%
Cash From Operating Activities $48.80M $63.60M $18.90M
YoY Change 158.2% 6966.67% -26.46%
INVESTING ACTIVITIES
Capital Expenditures -$19.80M -$17.80M -$16.60M
YoY Change 19.28% 17.88% -33.6%
Acquisitions
YoY Change
Other Investing Activities $2.100M $2.300M -$1.400M
YoY Change -250.0% -67.14% -300.0%
Cash From Investing Activities -$17.70M -$15.60M -$18.00M
YoY Change -1.67% 92.59% -25.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -19.70M -40.00M 3.800M
YoY Change -618.42% -1152.63% -195.0%
NET CHANGE
Cash From Operating Activities 48.80M 63.60M 18.90M
Cash From Investing Activities -17.70M -15.60M -18.00M
Cash From Financing Activities -19.70M -40.00M 3.800M
Net Change In Cash 11.40M 8.000M 4.700M
YoY Change 142.55% -335.29% -288.0%
FREE CASH FLOW
Cash From Operating Activities $48.80M $63.60M $18.90M
Capital Expenditures -$19.80M -$17.80M -$16.60M
Free Cash Flow $68.60M $81.40M $35.50M
YoY Change 93.24% 408.75% -29.98%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2017Q4 us-gaap Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear
90788000
CY2017Q4 us-gaap Assets Current
AssetsCurrent
262184000
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
407294000
CY2017Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
84484000
CY2017Q4 us-gaap Inventory Noncurrent
InventoryNoncurrent
54023000
CY2017Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
2714000
CY2018Q3 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
8846000
CY2017Q4 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
8530000
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
13128000
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2018Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
62479490
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
15852000
CY2017Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
75533000
CY2017Q4 us-gaap Inventory Net
InventoryNet
34600000
CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
45411000
CY2018Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
12588000
CY2018Q3 us-gaap Assets
Assets
750306000
CY2018Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
80302000
CY2018Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
47411000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
51584000
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
23389000
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
2121000
CY2018Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
242000
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-1098000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-7555000
us-gaap Operating Income Loss
OperatingIncomeLoss
2973000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-25719000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-18440000
gldd Equity In Earning Loss Of Joint Venture Through Business Units
EquityInEarningLossOfJointVentureThroughBusinessUnits
1441000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-343000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-19581000
CY2017Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
163317000
CY2017Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
333141000
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
204322000
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-12026000
CY2017Q3 us-gaap Type Of Revenue Extensible List
TypeOfRevenueExtensibleList
gldd:ContractMember
CY2018Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
162188000
CY2017Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
143499000
CY2018Q3 us-gaap Type Of Cost Good Or Service Extensible List
TypeOfCostGoodOrServiceExtensibleList
gldd:ContractMember
CY2017Q3 us-gaap Type Of Cost Good Or Service Extensible List
TypeOfCostGoodOrServiceExtensibleList
gldd:ContractMember
CY2018Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
17293000
CY2017Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
17522000
CY2018Q3 us-gaap Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
-1452000
CY2017Q3 us-gaap Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
-175000
CY2018Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-8062000
CY2017Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-6417000
CY2017Q4 us-gaap Assets
Assets
832357000
CY2017Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
87659000
CY2017Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
56218000
CY2018Q3 us-gaap Billings In Excess Of Cost
BillingsInExcessOfCost
11152000
CY2017Q4 us-gaap Billings In Excess Of Cost
BillingsInExcessOfCost
3615000
CY2018Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
909000
CY2017Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
2758000
CY2018Q3 us-gaap Liabilities Current
LiabilitiesCurrent
139774000
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
150250000
CY2018Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
321727000
CY2018Q3 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
30882000
CY2017Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
95000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
501505000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
510762000
CY2018Q3 us-gaap Type Of Revenue Extensible List
TypeOfRevenueExtensibleList
gldd:ContractMember
us-gaap Type Of Revenue Extensible List
TypeOfRevenueExtensibleList
gldd:ContractMember
us-gaap Type Of Revenue Extensible List
TypeOfRevenueExtensibleList
gldd:ContractMember
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
422426000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
455850000
us-gaap Type Of Cost Good Or Service Extensible List
TypeOfCostGoodOrServiceExtensibleList
gldd:ContractMember
us-gaap Type Of Cost Good Or Service Extensible List
TypeOfCostGoodOrServiceExtensibleList
gldd:ContractMember
CY2017Q3 us-gaap Gross Profit
GrossProfit
19818000
us-gaap Gross Profit
GrossProfit
79079000
us-gaap Gross Profit
GrossProfit
54912000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
48406000
us-gaap Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
-190000
us-gaap Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
-355000
us-gaap Operating Income Loss
OperatingIncomeLoss
30483000
CY2017Q3 gldd Equity In Earning Loss Of Joint Venture Through Business Units
EquityInEarningLossOfJointVentureThroughBusinessUnits
-26000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2330000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
867000
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
226428000
us-gaap Profit Loss
ProfitLoss
1407000
us-gaap Profit Loss
ProfitLoss
-24723000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
38707000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
931000
gldd Other Non Cash Restructuring Items
OtherNonCashRestructuringItems
2015000
gldd Amortization Of Deferred Financing Cost And Other Non Cash Interest Expense
AmortizationOfDeferredFinancingCostAndOtherNonCashInterestExpense
2468000
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
64000
CY2018Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
902000
CY2017Q3 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
-13000
us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
-1577000
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-1062000
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
232000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
228000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
208000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1635000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-24515000
CY2018Q3 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
-21000
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
3294000
gldd Vesting Of Restricted Stock Units Value Including Impact Of Shares Withheld For Taxes
VestingOfRestrictedStockUnitsValueIncludingImpactOfSharesWithheldForTaxes
1075000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
862000
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
247890000
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2514000
gldd Vesting Of Restricted Stock Units Value Including Impact Of Shares Withheld For Taxes
VestingOfRestrictedStockUnitsValueIncludingImpactOfSharesWithheldForTaxes
328000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1193000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1399000
CY2018Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
11829000
CY2017Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
8747000
CY2018Q3 gldd Fixed Charge Coverage Ratio Trigger For Maximum Availability Under Credit Agreement For Five Consecutive Days
FixedChargeCoverageRatioTriggerForMaximumAvailabilityUnderCreditAgreementForFiveConsecutiveDays
31250000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6657000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-8794000
gldd Increase Decrease In Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year
IncreaseDecreaseInCostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear
-49563000
gldd Increase Decrease In Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year
IncreaseDecreaseInCostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear
-12409000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
202000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3443000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-12581000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-6148000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-11157000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-27055000
us-gaap Increase Decrease In Billing In Excess Of Cost Of Earnings
IncreaseDecreaseInBillingInExcessOfCostOfEarnings
-146000
us-gaap Increase Decrease In Billing In Excess Of Cost Of Earnings
IncreaseDecreaseInBillingInExcessOfCostOfEarnings
-316000
us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
4147000
us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
482000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
88934000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
23498000
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-20900000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
88934000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2598000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
29671000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
49377000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
12245000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
9198000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-17426000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-40179000
gldd Seven Point Three Seven Five Senior Notes Tender Premium
SevenPointThreeSevenFiveSeniorNotesTenderPremium
744000
us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
4522000
us-gaap Repayments Of Debt
RepaymentsOfDebt
1428000
us-gaap Repayments Of Debt
RepaymentsOfDebt
277026000
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
326241000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5775000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-7212000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
17352000
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
19702000
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
23127000
CY2017Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
12490000
us-gaap Interest Paid Net
InterestPaidNet
17402000
us-gaap Interest Paid Net
InterestPaidNet
20986000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
255000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
574000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3920000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2021000
gldd Non Cash Repayments Of Debt With Proceeds From Sale Leaseback Transactions
NonCashRepaymentsOfDebtWithProceedsFromSaleLeasebackTransactions
13034000
CY2017Q4 gldd Costs And Earnings In Excess Of Billings For Contracts In Progress
CostsAndEarningsInExcessOfBillingsForContractsInProgress
67825000
CY2018Q3 gldd Fixed Charge Coverage Ratio Trigger For Maximum Availability Under Credit Agreement For One Day
FixedChargeCoverageRatioTriggerForMaximumAvailabilityUnderCreditAgreementForOneDay
25000000
CY2018Q3 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
30882000
CY2018Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
31587000
CY2018Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
161333000
CY2018Q3 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
26198000
gldd Derivative Underlying Hedge Percent
DerivativeUnderlyingHedgePercent
0.80
us-gaap Derivative Nonmonetary Notional Amount Volume
DerivativeNonmonetaryNotionalAmountVolume
5800000
CY2018Q3 us-gaap Fair Value Hedge Assets At Fair Value
FairValueHedgeAssetsAtFairValue
1064000
CY2018Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
442000
CY2017Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
35000
CY2018Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
241000
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
1719000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
2020000
CY2018Q3 us-gaap Share Based Compensation
ShareBasedCompensation
1030000
CY2018Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
689158000
gldd Percentage Of Performance Obligation To Be Recognized As Revenue
PercentageOfPerformanceObligationToBeRecognizedAsRevenue
0.39
gldd Performance Obligation Expected To Be Recognized As Revenue Year
PerformanceObligationExpectedToBeRecognizedAsRevenueYear
2018
CY2018Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Year1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionYear1
2020
us-gaap Revenue Performance Obligation Description Of Timing
RevenuePerformanceObligationDescriptionOfTiming
one year or less
CY2017Q4 gldd Accounts Receivable Noncurrent And Contract Receivable Retainage
AccountsReceivableNoncurrentAndContractReceivableRetainage
4475000
CY2018Q3 gldd Costs And Earnings In Excess Of Billings For Contracts In Progress
CostsAndEarningsInExcessOfBillingsForContractsInProgress
31892000
CY2018Q3 gldd Costs And Earnings In Excess Of Billings For Completed Contracts
CostsAndEarningsInExcessOfBillingsForCompletedContracts
6370000
CY2017Q4 gldd Costs And Earnings In Excess Of Billings For Completed Contracts
CostsAndEarningsInExcessOfBillingsForCompletedContracts
22963000
CY2017Q4 gldd Accounts Receivable Billed For Long Term Completed Contracts Or Programs
AccountsReceivableBilledForLongTermCompletedContractsOrPrograms
15974000
CY2018Q3 gldd Accounts Receivable Billed For Long Term Contracts Or Programs In Progress
AccountsReceivableBilledForLongTermContractsOrProgramsInProgress
43541000
CY2017Q4 gldd Accounts Receivable Billed For Long Term Contracts Or Programs In Progress
AccountsReceivableBilledForLongTermContractsOrProgramsInProgress
42759000
CY2018Q3 us-gaap Contract Receivable Retainage
ContractReceivableRetainage
14252000
CY2017Q4 us-gaap Contract Receivable Retainage
ContractReceivableRetainage
21866000
CY2018Q3 us-gaap Interest Payable Current
InterestPayableCurrent
10103000
CY2017Q4 us-gaap Interest Payable Current
InterestPayableCurrent
4210000
CY2018Q3 gldd Accrued Liabilities Adjustments Under Percentage Of Completion Method
AccruedLiabilitiesAdjustmentsUnderPercentageOfCompletionMethod
3234000
CY2017Q4 gldd Accrued Liabilities Adjustments Under Percentage Of Completion Method
AccruedLiabilitiesAdjustmentsUnderPercentageOfCompletionMethod
3591000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
gldd Number Of Reportable Segments With Goodwill
NumberOfReportableSegmentsWithGoodwill
2
CY2017Q3 gldd Securities Excluded From Computation Of Earnings Per Share Amount Due To Loss
SecuritiesExcludedFromComputationOfEarningsPerShareAmountDueToLoss
611000
gldd Securities Excluded From Computation Of Earnings Per Share Amount Due To Loss
SecuritiesExcludedFromComputationOfEarningsPerShareAmountDueToLoss
646000
CY2018Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1224000
CY2017Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1288000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1489000
CY2018Q3 us-gaap Accrued Rent Current
AccruedRentCurrent
458000
CY2017Q4 us-gaap Accrued Rent Current
AccruedRentCurrent
6519000
CY2018Q3 gldd Accounts Receivable Billed For Long Term Completed Contracts Or Programs
AccountsReceivableBilledForLongTermCompletedContractsOrPrograms
29501000
CY2018Q3 us-gaap Costs In Excess Of Billings On Uncompleted Contracts Or Programs
CostsInExcessOfBillingsOnUncompletedContractsOrPrograms
38262000
CY2017Q4 us-gaap Costs In Excess Of Billings On Uncompleted Contracts Or Programs
CostsInExcessOfBillingsOnUncompletedContractsOrPrograms
90788000
CY2018Q3 us-gaap Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected After One Year
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedAfterOneYear
2111000
CY2018Q3 us-gaap Capitalized Contract Cost Accumulated Amortization
CapitalizedContractCostAccumulatedAmortization
6249000
CY2018Q1 us-gaap Capitalized Contract Cost Accumulated Amortization
CapitalizedContractCostAccumulatedAmortization
13045000
CY2018Q3 us-gaap Restructuring Charges
RestructuringCharges
4531000
CY2017Q3 us-gaap Restructuring Charges
RestructuringCharges
2037000
us-gaap Restructuring Charges
RestructuringCharges
11498000
us-gaap Restructuring Charges
RestructuringCharges
2037000
CY2018Q3 us-gaap Accrued Rent Current And Noncurrent
AccruedRentCurrentAndNoncurrent
0
CY2017Q4 us-gaap Accrued Rent Current And Noncurrent
AccruedRentCurrentAndNoncurrent
5930000
CY2018Q3 us-gaap Accounts Receivable Gross
AccountsReceivableGross
87294000
CY2017Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
80599000
CY2018Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
629000
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
591000
CY2018Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
86665000
CY2017Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
80008000
us-gaap Severance Costs1
SeveranceCosts1
929000
CY2017 us-gaap Severance Costs1
SeveranceCosts1
1567000
gldd Number Of Vessels Related To Lease Buyout
NumberOfVesselsRelatedToLeaseBuyout
2
CY2018Q3 gldd Outstanding Performance Bonds
OutstandingPerformanceBonds
1294631000
CY2018Q3 gldd Revenue Value Remaining From Outstanding Performance Bonds
RevenueValueRemainingFromOutstandingPerformanceBonds
661050000
CY2015Q1 us-gaap Proceeds From Legal Settlements
ProceedsFromLegalSettlements
5309000
gldd Loss Contingency Damages Sought Estimated Value
LossContingencyDamagesSoughtEstimatedValue
20900000
us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-20900000
us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
-8203000

Files In Submission

Name View Source Status
0001564590-18-027478-index-headers.html Edgar Link pending
0001564590-18-027478-index.html Edgar Link pending
0001564590-18-027478.txt Edgar Link pending
0001564590-18-027478-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
gldd-10q_20180930.htm Edgar Link pending
gldd-20180930.xml Edgar Link completed
gldd-20180930.xsd Edgar Link pending
gldd-20180930_cal.xml Edgar Link unprocessable
gldd-20180930_def.xml Edgar Link unprocessable
gldd-20180930_lab.xml Edgar Link unprocessable
gldd-20180930_pre.xml Edgar Link unprocessable
gldd-ex101_12.htm Edgar Link pending
gldd-ex311_7.htm Edgar Link pending
gldd-ex312_8.htm Edgar Link pending
gldd-ex321_9.htm Edgar Link pending
gldd-ex322_6.htm Edgar Link pending
gqbvfs3a4ffk000001.jpg Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending