2010 Q4 Form 10-K Financial Statement
#000104746912002223 Filed on March 07, 2012
Income Statement
Concept | 2010 Q4 | 2009 | 2008 Q4 |
---|---|---|---|
Revenue | $155.1M | $631.2M | $153.3M |
YoY Change | -10.5% | 2.45% | -1.98% |
Cost Of Revenue | $133.3M | $555.3M | $128.6M |
YoY Change | -13.39% | 5.58% | -6.27% |
Gross Profit | $21.80M | $75.91M | $24.70M |
YoY Change | 12.37% | -15.85% | 28.65% |
Gross Profit Margin | 14.06% | 12.03% | 16.11% |
Selling, General & Admin | $12.00M | $48.47M | $13.10M |
YoY Change | -4.0% | -4.22% | -64.31% |
% of Gross Profit | 55.05% | 63.85% | 53.04% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $4.300M | $13.19M | $3.000M |
YoY Change | 19.44% | 18.83% | 15.38% |
% of Gross Profit | 19.72% | 17.38% | 12.15% |
Operating Expenses | $12.10M | $48.47M | $13.20M |
YoY Change | -3.97% | -4.97% | -64.13% |
Operating Profit | $9.700M | $27.52M | $11.50M |
YoY Change | 42.65% | -29.79% | -165.34% |
Interest Expense | -$200.0K | $852.0K | -$200.0K |
YoY Change | 0.0% | -221.71% | -71.43% |
% of Operating Profit | -2.06% | 3.1% | -1.74% |
Other Income/Expense, Net | $0.00 | -$208.0K | -$100.0K |
YoY Change | 4.0% | ||
Pretax Income | $9.500M | $26.68M | $11.50M |
YoY Change | 43.94% | -31.76% | -163.89% |
Income Tax | $3.400M | $9.446M | $3.900M |
% Of Pretax Income | 35.79% | 35.4% | 33.91% |
Net Earnings | $6.100M | $17.20M | $7.600M |
YoY Change | 41.86% | -27.12% | -164.41% |
Net Earnings / Revenue | 3.93% | 2.73% | 4.96% |
Basic Earnings Per Share | $0.87 | ||
Diluted Earnings Per Share | $293.3K | $0.83 | $370.7K |
COMMON SHARES | |||
Basic Shares Outstanding | 19.76M shares | ||
Diluted Shares Outstanding | 20.70M shares |
Balance Sheet
Concept | 2010 Q4 | 2009 | 2008 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $62.60M | $37.60M | $42.10M |
YoY Change | 66.49% | -10.69% | 22.03% |
Cash & Equivalents | $62.62M | $37.60M | $42.08M |
Short-Term Investments | |||
Other Short-Term Assets | $3.719M | $13.50M | $14.40M |
YoY Change | -72.45% | -6.25% | 16.13% |
Inventory | $29.30M | $30.70M | $25.80M |
Prepaid Expenses | |||
Receivables | $107.2M | $100.3M | $94.00M |
Other Receivables | $10.50M | $11.50M | $9.200M |
Total Short-Term Assets | $223.9M | $193.6M | $185.4M |
YoY Change | 15.66% | 4.42% | -0.8% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $96.59M | $88.00M | $75.90M |
YoY Change | 9.76% | 15.94% | 31.77% |
Goodwill | $46.60M | ||
YoY Change | |||
Intangibles | $11.20M | ||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $1.831M | $1.900M | $2.300M |
YoY Change | -3.63% | -17.39% | -8.0% |
Total Long-Term Assets | $156.2M | $148.0M | $136.7M |
YoY Change | 5.56% | 8.27% | 14.97% |
TOTAL ASSETS | |||
Total Short-Term Assets | $223.9M | $193.6M | $185.4M |
Total Long-Term Assets | $156.2M | $148.0M | $136.7M |
Total Assets | $380.1M | $341.6M | $322.1M |
YoY Change | 11.28% | 6.05% | 5.33% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $41.31M | $39.90M | $30.20M |
YoY Change | 3.53% | 32.12% | -1.95% |
Accrued Expenses | $34.00M | $41.90M | $32.90M |
YoY Change | 2.72% | 27.36% | 8.22% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $300.0K | $0.00 |
YoY Change | -25.0% | ||
Long-Term Debt Due | $0.00 | ||
YoY Change | |||
Total Short-Term Liabilities | $138.8M | $120.8M | $123.3M |
YoY Change | 14.93% | -2.03% | -8.53% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $30.00M | $30.00M | $30.00M |
YoY Change | 0.0% | 0.0% | 0.0% |
Other Long-Term Liabilities | $636.0K | $900.0K | $900.0K |
YoY Change | -29.33% | 0.0% | -35.71% |
Total Long-Term Liabilities | $30.64M | $30.90M | $30.90M |
YoY Change | -0.85% | 0.0% | -1.59% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $138.8M | $120.8M | $123.3M |
Total Long-Term Liabilities | $30.64M | $30.90M | $30.90M |
Total Liabilities | $187.4M | $167.5M | $166.7M |
YoY Change | 11.9% | 0.48% | -4.69% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $47.36M | ||
YoY Change | |||
Common Stock | $145.1M | ||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | 0.000 shares | ||
Shareholders Equity | $192.7M | $174.1M | $155.4M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $380.1M | $341.6M | $322.1M |
YoY Change | 11.28% | 6.05% | 5.33% |
Cashflow Statement
Concept | 2010 Q4 | 2009 | 2008 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $6.100M | $17.20M | $7.600M |
YoY Change | 41.86% | -27.12% | -164.41% |
Depreciation, Depletion And Amortization | $4.300M | $13.19M | $3.000M |
YoY Change | 19.44% | 18.83% | 15.38% |
Cash From Operating Activities | $32.50M | $23.90M | $23.90M |
YoY Change | 122.6% | -38.4% | 119.27% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$9.800M | $29.68M | -$4.500M |
YoY Change | 4.26% | -206.0% | 7.14% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $500.0K | $700.0K | $300.0K |
YoY Change | 150.0% | -63.16% | -160.0% |
Cash From Investing Activities | -$9.300M | -$28.90M | -$4.200M |
YoY Change | 1.09% | 10.73% | -10.64% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 200.0K | 500.0K | -600.0K |
YoY Change | -109.62% | -103.33% | |
NET CHANGE | |||
Cash From Operating Activities | 32.50M | 23.90M | 23.90M |
Cash From Investing Activities | -9.300M | -28.90M | -4.200M |
Cash From Financing Activities | 200.0K | 500.0K | -600.0K |
Net Change In Cash | 23.40M | -4.500M | 19.10M |
YoY Change | 333.33% | -160.0% | -21.07% |
FREE CASH FLOW | |||
Cash From Operating Activities | $32.50M | $23.90M | $23.90M |
Capital Expenditures | -$9.800M | $29.68M | -$4.500M |
Free Cash Flow | $42.30M | -$5.780M | $28.40M |
YoY Change | 76.25% | -108.65% | 88.08% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2010 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
25365000 | USD |
CY2010 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-144000 | USD |
CY2011 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
780356000 | USD |
CY2010 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
19883000 | shares |
CY2010 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.78 | |
CY2010 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.81 | |
CY2010 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
9243000 | USD |
CY2011 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
335000 | USD |
CY2011 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
56776000 | USD |
CY2011 | us-gaap |
Gross Profit
GrossProfit
|
85566000 | USD |
CY2011 | us-gaap |
Cost Of Services
CostOfServices
|
694790000 | USD |
CY2010 | us-gaap |
Interest Expense
InterestExpense
|
1054000 | USD |
CY2010 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
58000 | USD |
CY2010 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
26505000 | USD |
CY2010 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
750000 | USD |
CY2010 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
335000 | USD |
CY2010 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
44630000 | USD |
CY2010 | us-gaap |
Gross Profit
GrossProfit
|
70720000 | USD |
CY2010 | us-gaap |
Cost Of Services
CostOfServices
|
526357000 | USD |
CY2010 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
597077000 | USD |
CY2010 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
20782000 | shares |
CY2009 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.87 | |
CY2009 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
218000 | USD |
CY2009 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
27523000 | USD |
CY2009 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
9446000 | USD |
CY2009 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
26681000 | USD |
CY2009 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-208000 | USD |
CY2009 | us-gaap |
Interest Expense
InterestExpense
|
852000 | USD |
CY2009 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
20702000 | shares |
CY2009 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
19755000 | shares |
CY2009 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.83 | |
CY2011 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
20993000 | shares |
CY2009 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
418000 | USD |
CY2009 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
335000 | USD |
CY2009 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
48467000 | USD |
CY2009 | us-gaap |
Gross Profit
GrossProfit
|
75907000 | USD |
CY2009 | us-gaap |
Cost Of Services
CostOfServices
|
555261000 | USD |
CY2009 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
631168000 | USD |
CY2011 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
20151000 | shares |
CY2011 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.87 | |
CY2011 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.90 | |
CY2011 | us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
1266000 | USD |
CY2011 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-41036000 | USD |
CY2011 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
42342000 | USD |
CY2011 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
1306000 | USD |
CY2011 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
30394000 | USD |
CY2011 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
11147000 | USD |
CY2011 | us-gaap |
Increase Decrease In Self Insurance Reserve
IncreaseDecreaseInSelfInsuranceReserve
|
4806000 | USD |
CY2011 | us-gaap |
Increase Decrease In Billing In Excess Of Cost Of Earnings
IncreaseDecreaseInBillingInExcessOfCostOfEarnings
|
-20560000 | USD |
CY2011 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
35062000 | USD |
CY2011 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
569000 | USD |
CY2011 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
10000000 | USD |
CY2011 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
20000000 | USD |
CY2011Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
65658000 | USD |
CY2011Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
149877000 | USD |
CY2011Q4 | us-gaap |
Common Stock Value Outstanding
CommonStockValueOutstanding
|
203000 | USD |
CY2011Q4 | us-gaap |
Liabilities
Liabilities
|
196830000 | USD |
CY2011Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
679000 | USD |
CY2011Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
19354000 | USD |
CY2011Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
176797000 | USD |
CY2011Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
29078000 | USD |
CY2011Q4 | us-gaap |
Self Insurance Reserve Current
SelfInsuranceReserveCurrent
|
38850000 | USD |
CY2011Q4 | us-gaap |
Billings In Excess Of Cost Current
BillingsInExcessOfCostCurrent
|
24945000 | USD |
CY2011Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
73924000 | USD |
CY2011Q4 | us-gaap |
Assets
Assets
|
412568000 | USD |
CY2011Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1971000 | USD |
CY2011Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
10869000 | USD |
CY2011Q4 | us-gaap |
Goodwill
Goodwill
|
46599000 | USD |
CY2011Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
117178000 | USD |
CY2011Q4 | us-gaap |
Assets Current
AssetsCurrent
|
235951000 | USD |
CY2011Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
3071000 | USD |
CY2011Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
884000 | USD |
CY2011Q4 | us-gaap |
Insurance Settlements Receivable
InsuranceSettlementsReceivable
|
10122000 | USD |
CY2011Q4 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
13253000 | USD |
CY2011Q4 | us-gaap |
Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear
|
43694000 | USD |
CY2010Q4 | us-gaap |
Common Stock Value Outstanding
CommonStockValueOutstanding
|
200000 | USD |
CY2010Q4 | us-gaap |
Liabilities
Liabilities
|
187439000 | USD |
CY2010Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
636000 | USD |
CY2010Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
17971000 | USD |
CY2010Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
30000000 | USD |
CY2010Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
138832000 | USD |
CY2010Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
17974000 | USD |
CY2010Q4 | us-gaap |
Self Insurance Reserve Current
SelfInsuranceReserveCurrent
|
34044000 | USD |
CY2011Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
126911000 | USD |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
34013000 | USD |
CY2010Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
47360000 | USD |
CY2010Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
145149000 | USD |
CY2010Q4 | us-gaap |
Billings In Excess Of Cost Current
BillingsInExcessOfCostCurrent
|
45505000 | USD |
CY2010Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
41309000 | USD |
CY2010Q4 | us-gaap |
Assets
Assets
|
380148000 | USD |
CY2010Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1831000 | USD |
CY2010Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2010Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
11204000 | USD |
CY2010Q4 | us-gaap |
Goodwill
Goodwill
|
46599000 | USD |
CY2010Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
96591000 | USD |
CY2010Q4 | us-gaap |
Assets Current
AssetsCurrent
|
223923000 | USD |
CY2010Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
3719000 | USD |
CY2010Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
2144000 | USD |
CY2010Q4 | us-gaap |
Insurance Settlements Receivable
InsuranceSettlementsReceivable
|
8422000 | USD |
CY2010Q4 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
10544000 | USD |
CY2010Q4 | us-gaap |
Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear
|
29299000 | USD |
CY2010Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
107172000 | USD |
CY2011Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2010Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
62623000 | USD |
CY2010Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
380148000 | USD |
CY2011Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
412568000 | USD |
CY2011Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
20405044 | shares |
CY2011Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
20405044 | shares |
CY2011Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2011Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2011Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2011Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2011Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
4000000 | shares |
CY2011Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2011Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
2223000 | USD |
CY2011Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
64345000 | USD |
CY2011Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
1078000 | USD |
CY2010Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
20007081 | shares |
CY2010Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
20007081 | shares |
CY2010Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2010Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2010Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2010Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2010Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
4000000 | shares |
CY2010Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2010Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
1888000 | USD |
CY2010Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
46878000 | USD |
CY2010Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
947000 | USD |
CY2010 | us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
198000 | USD |
CY2010 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
671000 | USD |
CY2010 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
21895000 | USD |
CY2010 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
1278000 | USD |
CY2011 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
19739000 | USD |
CY2011 | us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
44000 | USD |
CY2011 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
10759000 | USD |
CY2011 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
29057000 | USD |
CY2011 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-81000 | USD |
CY2011 | us-gaap |
Interest Expense
InterestExpense
|
544000 | USD |
CY2011 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
53000 | USD |
CY2011 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
29629000 | USD |
CY2011 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
1174000 | USD |
CY2011 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
30000000 | USD |
CY2011 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-3559000 | USD |
CY2011 | us-gaap |
Increase Decrease In Insurance Settlements Receivable
IncreaseDecreaseInInsuranceSettlementsReceivable
|
1700000 | USD |
CY2011 | us-gaap |
Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
|
14395000 | USD |
CY2011 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-1326000 | USD |
CY2011 | us-gaap |
Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
1266000 | USD |
CY2011 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2130000 | USD |
CY2011 | us-gaap |
Depreciation
Depreciation
|
19176000 | USD |
CY2009Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
37576000 | USD |
CY2010 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
827000 | USD |
CY2010 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
42000 | USD |
CY2010 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-20617000 | USD |
CY2011 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> <p style="FONT-FAMILY: times"><font size="2"><b>1. Organization and Business </b></font></p> <p style="FONT-FAMILY: times"><font size="2">        MYR Group Inc. ("the Company") is a holding company of specialty electrical construction service providers and is comprised of six operating subsidiaries: The L. E. Myers Co., a Delaware corporation; Hawkeye Construction, Inc., an Oregon corporation; Harlan Electric Company, a Michigan corporation; Sturgeon Electric Company, Inc., a Michigan corporation; MYR Transmission Services, Inc., a Delaware corporation; ComTel Technology Inc., a Colorado corporation; MYRpower, Inc., a Delaware corporation and Great Southwestern Construction, Inc., a Colorado corporation. </font></p> <p style="FONT-FAMILY: times"><font size="2">        The Company performs construction services in two business segments: Transmission and Distribution ("T&D"), and Commercial and Industrial ("C&I"). T&D customers include electric utilities, cooperatives and municipalities nationwide. The Company provides a broad range of services which includes design, engineering, procurement, construction, upgrade, maintenance and repair services with a particular focus on construction, maintenance and repair throughout the continental United States. The Company also provides C&I electrical contracting services to facility owners and general contractors in the western United States.</font></p></td></tr></table> | |
CY2009 | us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
247000 | USD |
CY2009 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
33000 | USD |
CY2009 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
351000 | USD |
CY2009 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
44000 | USD |
CY2009 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-28932000 | USD |
CY2009 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
29680000 | USD |
CY2009 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
748000 | USD |
CY2009 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
23911000 | USD |
CY2009 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-5498000 | USD |
CY2009 | us-gaap |
Increase Decrease In Self Insurance Reserve
IncreaseDecreaseInSelfInsuranceReserve
|
219000 | USD |
CY2009 | us-gaap |
Increase Decrease In Billing In Excess Of Cost Of Earnings
IncreaseDecreaseInBillingInExcessOfCostOfEarnings
|
-7035000 | USD |
CY2009 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
13781000 | USD |
CY2009 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
1898000 | USD |
CY2009 | us-gaap |
Increase Decrease In Insurance Settlements Receivable
IncreaseDecreaseInInsuranceSettlementsReceivable
|
-886000 | USD |
CY2009 | us-gaap |
Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
|
4919000 | USD |
CY2011 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-17968000 | USD |
CY2009 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
6604000 | USD |
CY2009 | us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
85000 | USD |
CY2009 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
3876000 | USD |
CY2009 | us-gaap |
Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
247000 | USD |
CY2009 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
923000 | USD |
CY2009 | us-gaap |
Depreciation
Depreciation
|
13190000 | USD |
CY2010 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
44837000 | USD |
CY2010 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-4369000 | USD |
CY2010 | us-gaap |
Increase Decrease In Self Insurance Reserve
IncreaseDecreaseInSelfInsuranceReserve
|
944000 | USD |
CY2010 | us-gaap |
Increase Decrease In Billing In Excess Of Cost Of Earnings
IncreaseDecreaseInBillingInExcessOfCostOfEarnings
|
19842000 | USD |
CY2010 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-1718000 | USD |
CY2010 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-662000 | USD |
CY2010 | us-gaap |
Increase Decrease In Insurance Settlements Receivable
IncreaseDecreaseInInsuranceSettlementsReceivable
|
340000 | USD |
CY2010 | us-gaap |
Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
|
-1441000 | USD |
CY2010 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
6520000 | USD |
CY2010 | us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
85000 | USD |
CY2010 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
1743000 | USD |
CY2010 | us-gaap |
Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
198000 | USD |
CY2010 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1603000 | USD |
CY2010 | us-gaap |
Depreciation
Depreciation
|
15955000 | USD |
CY2008Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
42076000 | USD |
CY2009 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
521000 | USD |
CY2011 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
45000 | USD |
CY2011 | dei |
Entity Registrant Name
EntityRegistrantName
|
MYR GROUP INC. | |
CY2011 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000700923 | |
CY2011 | dei |
Document Type
DocumentType
|
10-K | |
CY2011 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2011-12-31 | |
CY2011 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2011 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2011 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2011 | dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | |
CY2011 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2011 | |
CY2011 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2011Q2 | dei |
Entity Public Float
EntityPublicFloat
|
464000000 | USD |