Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.0.6
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 451 $ 5,764
Receivables, principally U.S. Government, net 117,568 156,938
Inventories 41,990 0
Deferred tax assets 1,355 1,602
Other current assets 17,083 9,552
Total current assets 178,447 173,856
Property and equipment, net 57,113 42,315
Intangible assets 106,536 25,003
Goodwill 98,879 36,282
Deferred tax assets 231 838
Other assets 13,306 10,132
Total assets 454,512 288,426
Current liabilities:    
Current portion of long-term debt 18,587 6,667
Accounts payable 50,353 75,724
Accrued expenses and other current liabilities 38,017 36,584
Dividends payable 367 312
Total current liabilities 107,324 119,287
Long-term debt, less current portion 144,759 11,111
Deferred compensation 8,215 6,034
Long-term lease obligations, less current portion 33,938 20,258
Earn-out obligations, less current portion 16,415 7,807
Other liabilities 261 153
Total liabilities 310,912 164,650
Commitments and contingencies 0 0
Stockholders' equity:    
Common stock, par value $0.05 per share, authorized 15,000,000 shares; issued and outstanding 5,246,527 and 5,193,891, respectively 262 260
Additional paid-in capital 17,069 15,692
Retained earnings 126,961 107,824
Accumulated other comprehensive loss (692) 0
Total stockholders' equity 143,600 123,776
Total liabilities and stockholders' equity $ 454,512 $ 288,426