$MYRG
MYR GROUP INC.

2012 Q3 Form 10-Q Financial Statement

#000104746912010182 Filed on November 07, 2012

View on sec.gov

Income Statement

Concept 2012 Q3 2011 Q3 2011 Q2
Revenue $250.6M $210.5M $185.3M
YoY Change 19.04% 37.78% 32.08%
Cost Of Revenue $221.0M $190.7M $165.8M
YoY Change 15.9% 40.48% 34.14%
Gross Profit $29.57M $19.81M $19.54M
YoY Change 49.26% 16.3% 17.0%
Gross Profit Margin 11.8% 9.41% 10.54%
Selling, General & Admin $15.64M $13.52M $13.70M
YoY Change 15.65% 22.68% 24.55%
% of Gross Profit 52.88% 68.25% 70.12%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.420M $4.980M $4.700M
YoY Change 28.92% 25.47% 20.51%
% of Gross Profit 21.71% 25.14% 24.05%
Operating Expenses $15.64M $13.52M $13.70M
YoY Change 15.65% 22.68% 23.42%
Operating Profit $14.24M $6.634M $5.839M
YoY Change 114.59% 6.88% 4.27%
Interest Expense $368.0K $93.00K -$100.0K
YoY Change 295.7% -76.63% -50.0%
% of Operating Profit 2.58% 1.4% -1.71%
Other Income/Expense, Net -$87.00K -$21.00K $0.00
YoY Change 314.29% -32.26% -100.0%
Pretax Income $13.78M $6.525M $5.800M
YoY Change 111.2% 12.66% 3.57%
Income Tax $5.035M $2.304M $2.100M
% Of Pretax Income 36.54% 35.31% 36.21%
Net Earnings $8.746M $4.221M $3.717M
YoY Change 107.2% 8.23% 9.32%
Net Earnings / Revenue 3.49% 2.01% 2.01%
Basic Earnings Per Share $0.42 $0.21 $0.19
Diluted Earnings Per Share $0.41 $0.20 $0.18
COMMON SHARES
Basic Shares Outstanding 20.41M shares 20.27M shares
Diluted Shares Outstanding 21.19M shares 21.04M shares

Balance Sheet

Concept 2012 Q3 2011 Q3 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $16.60M $17.50M $35.40M
YoY Change -5.14% -55.36% -21.16%
Cash & Equivalents $16.60M $17.55M $35.41M
Short-Term Investments
Other Short-Term Assets $1.540M $12.10M $13.50M
YoY Change -87.27% -1.63% 7.14%
Inventory $63.10M $53.00M $54.50M
Prepaid Expenses
Receivables $164.4M $137.0M $99.70M
Other Receivables $11.30M $11.30M $11.40M
Total Short-Term Assets $270.1M $231.0M $214.5M
YoY Change 16.94% 17.06% 12.89%
LONG-TERM ASSETS
Property, Plant & Equipment $131.0M $115.1M $111.3M
YoY Change 13.84% 28.32% 25.9%
Goodwill $46.60M
YoY Change
Intangibles $10.62M
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.917M $1.400M $1.400M
YoY Change 36.93% -26.32% -26.32%
Total Long-Term Assets $190.2M $174.0M $170.3M
YoY Change 9.28% 16.47% 14.91%
TOTAL ASSETS
Total Short-Term Assets $270.1M $231.0M $214.5M
Total Long-Term Assets $190.2M $174.0M $170.3M
Total Assets $460.2M $405.0M $384.8M
YoY Change 13.65% 16.8% 13.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $92.92M $60.90M $58.40M
YoY Change 52.57% 64.59% 64.97%
Accrued Expenses $39.60M $37.80M $35.00M
YoY Change 4.76% 11.83% 2.64%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $10.00M $0.00
YoY Change -100.0%
Long-Term Debt Due $10.00M
YoY Change
Total Short-Term Liabilities $196.3M $177.7M $153.2M
YoY Change 10.49% 55.46% 39.53%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $10.00M
YoY Change -100.0% -66.67%
Other Long-Term Liabilities $1.258M $600.0K $600.0K
YoY Change 109.67% -33.33% -33.33%
Total Long-Term Liabilities $1.258M $600.0K $10.60M
YoY Change 109.67% -98.06% -65.7%
TOTAL LIABILITIES
Total Short-Term Liabilities $196.3M $177.7M $153.2M
Total Long-Term Liabilities $1.258M $600.0K $10.60M
Total Liabilities $217.0M $195.7M $181.9M
YoY Change 10.89% 21.78% 16.23%
SHAREHOLDERS EQUITY
Retained Earnings $90.15M
YoY Change
Common Stock $152.9M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 3.310K shares
Shareholders Equity $243.2M $209.3M $202.9M
YoY Change
Total Liabilities & Shareholders Equity $460.2M $405.0M $384.8M
YoY Change 13.65% 16.8% 13.78%

Cashflow Statement

Concept 2012 Q3 2011 Q3 2011 Q2
OPERATING ACTIVITIES
Net Income $8.746M $4.221M $3.717M
YoY Change 107.2% 8.23% 9.32%
Depreciation, Depletion And Amortization $6.420M $4.980M $4.700M
YoY Change 28.92% 25.47% 20.51%
Cash From Operating Activities $12.60M -$18.90M $400.0K
YoY Change -166.67% 1618.18% -96.88%
INVESTING ACTIVITIES
Capital Expenditures $11.67M $11.34M -$10.60M
YoY Change 2.88% 129.05% 85.96%
Acquisitions
YoY Change
Other Investing Activities $500.0K $500.0K $200.0K
YoY Change 0.0% 66.67% -33.33%
Cash From Investing Activities -$11.10M -$10.90M -$10.30M
YoY Change 1.83% 136.96% 87.27%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -9.100M 11.90M 700.0K
YoY Change -176.47% 40.0%
NET CHANGE
Cash From Operating Activities 12.60M -18.90M 400.0K
Cash From Investing Activities -11.10M -10.90M -10.30M
Cash From Financing Activities -9.100M 11.90M 700.0K
Net Change In Cash -7.600M -17.90M -9.200M
YoY Change -57.54% 214.04% -217.95%
FREE CASH FLOW
Cash From Operating Activities $12.60M -$18.90M $400.0K
Capital Expenditures $11.67M $11.34M -$10.60M
Free Cash Flow $935.0K -$30.24M $11.00M
YoY Change -103.09% 399.8% -40.54%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7338000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
546093000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.19
myrg Significant Purchase Committment Scheduled Period Of Time For Cash Outlay
SignificantPurchaseCommittmentScheduledPeriodOfTimeForCashOutlay
P6M
CY2011Q3 us-gaap Gross Profit
GrossProfit
19813000 USD
CY2011Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
13523000 USD
CY2011Q4 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
203000 USD
CY2011Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
149877000 USD
CY2011Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
84000 USD
CY2011Q3 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
428000 USD
CY2011Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
6634000 USD
CY2011Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
65658000 USD
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
215738000 USD
CY2012Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
131029000 USD
CY2012Q3 us-gaap Assets
Assets
460249000 USD
CY2012Q3 us-gaap Liabilities Current
LiabilitiesCurrent
196343000 USD
CY2012Q3 us-gaap Liabilities
Liabilities
217017000 USD
CY2012Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
460249000 USD
CY2011Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
412568000 USD
CY2012Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1338000 USD
CY2011Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1078000 USD
CY2012Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
81717000 USD
CY2011Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
64345000 USD
CY2012Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2474000 USD
CY2011Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2223000 USD
CY2012Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2011Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2012Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
4000000 shares
CY2011Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
4000000 shares
CY2012Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2012Q3 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 Outstanding
PreferredStockSharesOutstanding
0 shares
CY2012Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2011Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2012Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2011Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2012Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
20646372 shares
CY2011Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
20405044 shares
CY2012Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
20646372 shares
CY2011Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
20405044 shares
CY2011Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
5000 USD
CY2011Q3 us-gaap Interest Expense
InterestExpense
93000 USD
CY2011Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
210489000 USD
CY2011Q3 us-gaap Cost Of Services
CostOfServices
190676000 USD
CY2011Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-21000 USD
CY2011Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
6525000 USD
CY2011Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2304000 USD
CY2011Q3 us-gaap Net Income Loss
NetIncomeLoss
4221000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
48000 USD
us-gaap Interest Expense
InterestExpense
463000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-53000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
19776000 USD
us-gaap Net Income Loss
NetIncomeLoss
12438000 USD
us-gaap Cost Of Services
CostOfServices
485152000 USD
us-gaap Gross Profit
GrossProfit
60941000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
41174000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
251000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
728000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
20244000 USD
CY2011Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.21
CY2011Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.20
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.59
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.62
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.41
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.15
CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
14236000 USD
CY2012Q3 us-gaap Interest Expense
InterestExpense
368000 USD
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
8746000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
40121000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
39222000 USD
us-gaap Net Income Loss
NetIncomeLoss
24491000 USD
CY2011Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20265000 shares
CY2011Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21041000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20102000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20985000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20349000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21134000 shares
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21186000 shares
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20410000 shares
CY2011Q4 us-gaap Liabilities
Liabilities
196830000 USD
CY2011Q3 us-gaap Depreciation
Depreciation
4980000 USD
CY2011Q3 us-gaap Share Based Compensation
ShareBasedCompensation
146000 USD
CY2011Q3 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-622000 USD
CY2011Q3 us-gaap Other Noncash Expense
OtherNoncashExpense
17000 USD
us-gaap Depreciation
Depreciation
13794000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1100000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-576000 USD
us-gaap Other Noncash Expense
OtherNoncashExpense
78000 USD
CY2011Q3 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
37261000 USD
CY2011Q3 us-gaap Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
-4233000 USD
CY2011Q3 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2754000 USD
CY2011Q3 us-gaap Increase Decrease In Insurance Settlements Receivable
IncreaseDecreaseInInsuranceSettlementsReceivable
-35000 USD
CY2011Q3 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-2656000 USD
CY2011Q3 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
4972000 USD
CY2011Q3 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
967000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
29831000 USD
us-gaap Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
20947000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2754000 USD
CY2011Q3 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
508000 USD
us-gaap Increase Decrease In Insurance Settlements Receivable
IncreaseDecreaseInInsuranceSettlementsReceivable
714000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-4223000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
315000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
21389000 USD
us-gaap Increase Decrease In Billing In Excess Of Cost Of Earnings
IncreaseDecreaseInBillingInExcessOfCostOfEarnings
-6566000 USD
us-gaap Increase Decrease In Self Insurance Reserve
IncreaseDecreaseInSelfInsuranceReserve
3799000 USD
CY2011Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
11338000 USD
CY2011Q3 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-10830000 USD
CY2011Q3 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-18971000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-4729000 USD
CY2011Q3 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
10000000 USD
CY2011Q3 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
711000 USD
CY2011Q3 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
1228000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
20000000 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
10000000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1290000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
1672000 USD
CY2011Q3 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
11939000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
45000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-6993000 USD
us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
-45076000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
808000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
34162000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-33354000 USD
CY2012Q3 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
12593000 USD
CY2012Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
11665000 USD
CY2012Q3 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-9142000 USD
CY2012Q3 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
-7701000 USD
us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
-17414000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-8937000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-31217000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
22740000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
13000 USD
CY2012Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
16599000 USD
CY2012Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
24300000 USD
CY2011Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
17547000 USD
CY2011Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
35409000 USD
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
62623000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 item
CY2011Q4 myrg Aggregate Costs Incurred On Uncompleted Contracts And Estimated Earnings
AggregateCostsIncurredOnUncompletedContractsAndEstimatedEarnings
1027805000 USD
CY2011Q4 myrg Billings To Date
BillingsToDate
1009056000 USD
CY2011Q4 myrg Net Costs And Estimated Earnings In Excess Of Billings
NetCostsAndEstimatedEarningsInExcessOfBillings
18749000 USD
CY2012Q3 myrg Aggregate Costs Incurred On Uncompleted Contracts And Estimated Earnings
AggregateCostsIncurredOnUncompletedContractsAndEstimatedEarnings
1364262000 USD
CY2012Q3 myrg Billings To Date
BillingsToDate
1331220000 USD
CY2012Q3 myrg Net Costs And Estimated Earnings In Excess Of Billings
NetCostsAndEstimatedEarningsInExcessOfBillings
33042000 USD
CY2012Q3 us-gaap Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear
63107000 USD
CY2012Q3 us-gaap Billings In Excess Of Cost Current
BillingsInExcessOfCostCurrent
30065000 USD
CY2012Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2011Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2012Q3 myrg Number Of Letters Of Credit Outstanding
NumberOfLettersOfCreditOutstanding
2 item
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1600000 USD
CY2012Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
124000 USD
CY2012Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
400000 USD
CY2012Q3 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
200000 USD
CY2011Q4 myrg Number Of Letters Of Credit Outstanding
NumberOfLettersOfCreditOutstanding
2 item
CY2012Q3 myrg Number Of Letters Of Credit Outstanding Related To Payment Obligation Under Insurance Programs
NumberOfLettersOfCreditOutstandingRelatedToPaymentObligationUnderInsurancePrograms
1 item
CY2011Q4 myrg Number Of Letters Of Credit Outstanding Related To Payment Obligation Under Insurance Programs
NumberOfLettersOfCreditOutstandingRelatedToPaymentObligationUnderInsurancePrograms
1 item
CY2012Q3 myrg Letters Of Credit Outstanding Amount Related To Payment Obligation Under Insurance Programs
LettersOfCreditOutstandingAmountRelatedToPaymentObligationUnderInsurancePrograms
15000000 USD
CY2011Q4 myrg Letters Of Credit Outstanding Amount Related To Payment Obligation Under Insurance Programs
LettersOfCreditOutstandingAmountRelatedToPaymentObligationUnderInsurancePrograms
15000000 USD
CY2012Q3 myrg Letters Of Credit Outstanding Amount Related To Contract Performance Obligations
LettersOfCreditOutstandingAmountRelatedToContractPerformanceObligations
2200000 USD
CY2011Q4 myrg Letters Of Credit Outstanding Amount Related To Contract Performance Obligations
LettersOfCreditOutstandingAmountRelatedToContractPerformanceObligations
2200000 USD
CY2012Q3 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
1100000 USD
CY2012Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
2500000 USD
CY2012Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
1000000 USD
CY2012Q3 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
500000 USD
CY2012Q3 us-gaap Significant Purchase Commitment Remaining Minimum Amount Committed
SignificantPurchaseCommitmentRemainingMinimumAmountCommitted
6100000 USD
myrg Number Of Multiemployer Plans Withdrawal That Could Result In Assessment Of Additional Contribution Liabilities Related To Underfunding Of Plans Minimum
NumberOfMultiemployerPlansWithdrawalThatCouldResultInAssessmentOfAdditionalContributionLiabilitiesRelatedToUnderfundingOfPlansMinimum
1 item
myrg Potential Adverse Outcome Number Of Litigation Claims Minimum
PotentialAdverseOutcomeNumberOfLitigationClaimsMinimum
1 item
CY2012Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
250558000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
751196000 USD
CY2012Q3 us-gaap Participating Securities Distributed And Undistributed Earnings
ParticipatingSecuritiesDistributedAndUndistributedEarnings
78000 USD
CY2012Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
8668000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings
ParticipatingSecuritiesDistributedAndUndistributedEarnings
195000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
24296000 USD
CY2011Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
4221000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
12438000 USD
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
883000 shares
CY2011Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
776000 shares
CY2012Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
776000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
785000 shares
myrg Share Based Compensation Arrangement By Share Based Payment Award Number Of Plans
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfPlans
2 item
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2000000 USD
us-gaap Other Noncash Expense
OtherNoncashExpense
103000 USD
CY2012Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
164440000 USD
CY2012Q3 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
13118000 USD
CY2012Q3 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
11282000 USD
CY2012Q3 us-gaap Other Assets Current
OtherAssetsCurrent
1540000 USD
CY2012Q3 us-gaap Assets Current
AssetsCurrent
270086000 USD
CY2012Q3 us-gaap Goodwill
Goodwill
46599000 USD
us-gaap Depreciation
Depreciation
18167000 USD
CY2012Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
10618000 USD
CY2012Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1917000 USD
CY2012Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
92915000 USD
CY2012Q3 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
39629000 USD
CY2012Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
33610000 USD
CY2012Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
19416000 USD
CY2012Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1258000 USD
CY2012Q3 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
205000 USD
CY2012Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
152878000 USD
CY2012Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
90149000 USD
CY2012Q3 us-gaap Stockholders Equity
StockholdersEquity
243232000 USD
CY2012Q3 us-gaap Cost Of Services
CostOfServices
220986000 USD
CY2012Q3 us-gaap Gross Profit
GrossProfit
29572000 USD
CY2012Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
15639000 USD
CY2012Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
84000 USD
CY2012Q3 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
387000 USD
CY2012Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-87000 USD
CY2012Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
13781000 USD
CY2012Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5035000 USD
us-gaap Cost Of Services
CostOfServices
665459000 USD
us-gaap Gross Profit
GrossProfit
85737000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
46072000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
251000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
707000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
1000 USD
us-gaap Interest Expense
InterestExpense
754000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-146000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14731000 USD
CY2012Q3 us-gaap Depreciation
Depreciation
6420000 USD
CY2012Q3 us-gaap Share Based Compensation
ShareBasedCompensation
688000 USD
CY2012Q3 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
197000 USD
CY2012Q3 us-gaap Other Noncash Expense
OtherNoncashExpense
35000 USD
CY2012Q3 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
10269000 USD
CY2012Q3 us-gaap Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
8941000 USD
CY2012Q3 us-gaap Increase Decrease In Insurance Settlements Receivable
IncreaseDecreaseInInsuranceSettlementsReceivable
1401000 USD
CY2012Q3 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1135000 USD
CY2012Q3 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
7176000 USD
CY2012Q3 us-gaap Increase Decrease In Billing In Excess Of Cost Of Earnings
IncreaseDecreaseInBillingInExcessOfCostOfEarnings
1202000 USD
CY2012Q3 us-gaap Increase Decrease In Self Insurance Reserve
IncreaseDecreaseInSelfInsuranceReserve
1291000 USD
CY2012Q3 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
6617000 USD
CY2012Q3 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
513000 USD
CY2012Q3 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-11152000 USD
CY2012Q3 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-10000000 USD
CY2012Q3 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
719000 USD
CY2012Q3 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
139000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2029000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
197000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
37529000 USD
us-gaap Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
19413000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-4003000 USD
us-gaap Increase Decrease In Insurance Settlements Receivable
IncreaseDecreaseInInsuranceSettlementsReceivable
1160000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-2379000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
18897000 USD
us-gaap Increase Decrease In Billing In Excess Of Cost Of Earnings
IncreaseDecreaseInBillingInExcessOfCostOfEarnings
5120000 USD
us-gaap Increase Decrease In Self Insurance Reserve
IncreaseDecreaseInSelfInsuranceReserve
779000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
5133000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
877000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
32094000 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-10000000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
864000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
174000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
38000 USD
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1514884 shares
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1533478 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
169088 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
144265 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
4680 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
1549 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1727000 USD
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
15693000 USD
CY2011Q4 us-gaap Preferred Stock Value Outstanding
PreferredStockValueOutstanding
USD
CY2012Q3 us-gaap Preferred Stock Value Outstanding
PreferredStockValueOutstanding
USD
CY2012Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2011Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
18.13

Files In Submission

Name View Source Status
0001047469-12-010182-index-headers.html Edgar Link pending
0001047469-12-010182-index.html Edgar Link pending
0001047469-12-010182.txt Edgar Link pending
0001047469-12-010182-xbrl.zip Edgar Link pending
a2211628z10-q.htm Edgar Link pending
a2211628zex-31_1.htm Edgar Link pending
a2211628zex-31_2.htm Edgar Link pending
a2211628zex-32_1.htm Edgar Link pending
a2211628zex-32_2.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
myrg-20120930.xml Edgar Link completed
myrg-20120930.xsd Edgar Link pending
myrg-20120930_cal.xml Edgar Link unprocessable
myrg-20120930_def.xml Edgar Link unprocessable
myrg-20120930_lab.xml Edgar Link unprocessable
myrg-20120930_pre.xml Edgar Link unprocessable
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
R3.htm Edgar Link pending
R4.htm Edgar Link pending
R5.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