Investor Relations

Fundamentals

As Reported Financials

Source Document Currency Code (in thousands) 2013 Y 12/31/2014 USD 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 9/30/2017 USD 2017 Q3 YTD 9/30/2017 USD
Source Document Currency Code 2013 Y 12/31/2014 USD 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 9/30/2017 USD 2017 Q3 YTD 9/30/2017 USD

ASSETS

Current assets

Cash and cash equivalents 42,569 22,565 58,832 41,420 31,294
Accounts receivable, net 365,854 266,561 149,753 112,037 156,589
Contract cost and recognized income not yet billed 55,384 30,662 20,451 11,938 26,466
Prepaid expenses and other current assets 25,008 19,268 19,610 18,416 19,031
Parts and supplies inventories 4,151 1,078 1,383 800 908
Deferred income taxes 10,323 6,621 NA NA NA
Assets held for sale NA 0 3,774 9,050 12,235
Current assets associated with discontinued operations 99,683 144,841 1,247 505 69
Total current assets 602,972 491,596 255,050 194,166 246,592
Property, plant and equipment, net 106,133 85,649 50,352 38,123 31,915
Intangible assets, net 127,485 97,270 86,862 76,848 69,598
Restricted cash NA 0 35,212 40,206 40,333
Deferred income taxes 0 710 0 315 409
Other assets 34,078 NA NA NA NA
Other long-term assets NA 16,982 14,101 13,378 11,706
Total assets 870,668 692,207 441,577 363,036 400,553

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities

Accounts payable and accrued liabilities 251,202 169,195 107,709 83,488 147,327
Contract billings in excess of cost and recognized income 25,586 14,547 9,892 4,938 13,067
Current portion of capital lease obligations 890 917 469 NA NA
Notes payable and current portion of long-term debt 6,505 2,700 2,656 NA NA
Current portion of settlement obligation of discontinued operations 36,500 NA NA NA NA
Short-term borrowings under revolving credit facility NA NA NA 0 12,000
Accrued income taxes 10,022 2,430 3,108 311 310
Other current liabilities 5,816 7,279 6,759 6,253 6,002
Liabilities held for sale NA NA 0 8,275 9,712
Current liabilities associated with discontinued operations 18,365 67,876 4,027 1,578 1,554
Total current liabilities 354,886 264,944 134,620 104,843 189,972
Long-term debt obligations 268,425 267,300 92,498 89,189 88,927
Capital lease obligations 1,388 467 NA NA NA
Long-term liabilities for unrecognized tax benefits 4,544 117 NA NA NA
Deferred income taxes 9,066 6,894 120 NA NA
Other long-term liabilities 43,585 38,660 35,516 32,872 34,324
Long-term liabilities associated with discontinued operations NA 0 1,423 995 1,035
Total liabilities 681,894 578,382 264,177 227,899 314,258

Stockholders' equity

Preferred stock 0 0 0 0 0
Common stock 2,543 2,597 3,188 3,226 3,268
Capital in excess of par value 691,123 703,728 745,214 NA NA
Additional paid-in capital NA NA NA 749,303 751,382
Accumulated deficit (501,918) (581,745) (550,262) (598,021) (651,095)
Treasury stock at cost (12,070) (13,832) (14,731) (15,137) (15,679)
Accumulated other comprehensive loss 8,807 2,788 (6,009) (4,234) (1,581)
Total Willbros Group, Inc. stockholders' equity 188,485 113,536 NA NA NA
Noncontrolling interest 289 289 NA NA NA
Total stockholders' equity 188,774 113,825 177,400 135,137 86,295
Total liabilities and stockholders' equity 870,668 692,207 441,577 363,036 400,553
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.