ASSETS |
Cash and cash equivalents |
16.82M |
Accounts receivable and accrued billings, net of allowance for doubtful accounts of $0 in 2011 and 2010 |
18.55M |
Current portion of notes receivable |
0 |
Construction inventory |
Real estate inventory |
Costs and estimated earnings in excess of billings on uncompleted contracts |
Prepaid expenses |
1.49M |
Other current assets |
509.39K |
Total current assets |
52.82M |
Property, buildings and equipment, at cost, net of accumulated depreciation of $23,296,406 in 2011 and $22,137,012 in 2010 |
32.84M |
Notes receivable, less current portion |
0 |
Deferred charges and other assets |
Land and land development costs |
2.48M |
Cash surrender value of life insurance |
550.51K |
Restricted cash |
173.02K |
Other assets |
59.71K |
Total deferred charges and other assets |
Total assets |
89.86M |
LIABILITIES AND STOCKHOLDERS' EQUITY |
Accounts payable and accrued liabilities |
11.71M |
Contract loss accruals |
Billings in excess of costs and estimated earnings on uncompleted contracts |
272.29K |
Current portion of notes payable |
6.11M |
Federal and state income taxes payable |
0 |
Reserve for remediation |
140.09K |
Total current liabilities |
18.23M |
Other accrued liabilities |
66.92K |
Notes payable, less current portion |
18.25M |
Total liabilities |
44.19M |
Commitments and contingencies |
0 |
Stockholders' equity |
Preferred stock, $1 par value, 5,000,000 shares authorized, none issued |
0 |
Common stock, $.10 par value, 40,000,000 shares authorized; 27,813,772 shares issued and 25,451,354 shares outstanding |
2.78M |
Capital surplus |
18.48M |
Accumulated deficit |
25.71M |
Treasury stock, 2,362,418 shares, at cost |
-1.31M |
Total stockholders' equity |
45.66M |
Total liabilities and stockholders' equity |
89.86M |