Investor Relations

Fundamentals

As Reported Financials

Source Document Currency Code (in thousands) 2012 Y 12/31/2013 USD 2013 Y 12/31/2014 USD 2014 Y 12/31/2015 USD 2015 Y 9/30/2016 USD 2016 Q3 YTD 9/30/2016 USD
Source Document Currency Code 2012 Y 12/31/2013 USD 2013 Y 12/31/2014 USD 2014 Y 12/31/2015 USD 2015 Y 9/30/2016 USD 2016 Q3 YTD 9/30/2016 USD

ASSETS

Current assets

Cash and cash equivalents 48,778 42,569 22,565 58,832 42,259
Accounts receivable, net 380,570 365,854 266,561 149,753 128,008
Contract cost and recognized income not yet billed 89,658 55,384 30,662 20,451 16,875
Prepaid expenses and other current assets 31,515 25,008 19,268 19,610 19,488
Parts and supplies inventories 5,264 4,151 1,078 1,383 1,259
Deferred income taxes 10,368 10,323 6,621 NA NA
Assets held for sale NA NA 0 3,774 16
Current assets associated with discontinued operations 90,940 99,683 144,841 1,247 143
Total current assets 657,093 602,972 491,596 255,050 208,048
Property, plant and equipment, net 123,985 106,133 85,649 50,352 41,427
Intangible assets, net 158,062 127,485 97,270 86,862 79,547
Restricted cash NA NA 0 35,212 41,319
Other long-term assets NA NA 16,982 14,101 12,487
Total assets 978,246 870,668 692,207 441,577 382,828

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities

Accounts payable and accrued liabilities 295,507 251,202 169,195 107,709 94,365
Contract billings in excess of cost and recognized income 36,243 25,586 14,547 9,892 6,489
Current portion of capital lease obligations 1,317 890 917 469 0
Notes payable and current portion of long-term debt 5,869 6,505 2,700 2,656 831
Current portion of settlement obligation of discontinued operations 5,000 36,500 NA NA NA
Accrued income taxes 8,387 10,022 2,430 3,108 2,465
Other current liabilities 8,084 5,816 7,279 6,759 5,636
Current liabilities associated with discontinued operations 26,174 18,365 67,876 4,027 1,553
Total current liabilities 386,581 354,886 264,944 134,620 111,339
Long-term debt 294,353 268,425 267,300 92,498 87,841
Capital lease obligations 2,281 1,388 467 NA NA
Long-term portion of settlement obligation of discontinued operations 36,500 NA NA NA NA
Long-term liabilities for unrecognized tax benefits 4,956 4,544 117 NA NA
Deferred income taxes 113 0 710 120 665
Other assets 38,993 34,078 NA NA NA
Other long-term liabilities 38,618 43,585 38,660 35,516 32,903
Long-term liabilities associated with discontinued operations NA NA 0 1,423 1,106
Total liabilities 771,913 681,894 578,382 264,177 233,854

Stockholders' equity

Preferred stock 0 0 0 0 0
Common stock 2,504 2,543 2,597 3,188 3,224
Capital in excess of par value NA 691,123 703,728 NA NA
Additional paid-in capital 687,101 NA NA 745,214 748,447
Accumulated deficit (486,051) (501,918) (581,745) (550,262) (583,818)
Treasury stock (11,394) (12,070) (13,832) (14,731) (15,092)
Accumulated other comprehensive loss 13,504 8,807 2,788 (6,009) (3,787)
Total Willbros Group, Inc. stockholders' equity 205,664 188,485 113,536 NA NA
Noncontrolling interest 669 289 289 NA NA
Total stockholders' equity 206,333 188,774 113,825 177,400 148,974
Total liabilities and stockholders' equity 978,246 870,668 692,207 441,577 382,828
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.