v3.8.0.1
Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenue        
Electrical construction $ 23,616,373 $ 29,653,625 $ 81,869,487 $ 95,385,820
Other 890,842 1,000,538 2,471,473 3,283,799
Total revenue 24,507,215 30,654,163 84,340,960 98,669,619
Costs and expenses        
Electrical construction 20,299,375 23,161,561 63,718,948 70,096,028
Other 600,597 663,320 1,691,601 2,298,227
Selling, general and administrative 1,625,027 1,532,689 4,959,782 4,607,106
Depreciation and amortization 1,824,875 1,590,233 5,386,364 4,672,078
Loss (gain) on sale of property and equipment 18,594 (19,056) 30,158 (914)
Total costs and expenses 24,368,468 26,928,747 75,786,853 81,672,525
Total operating income 138,747 3,725,416 8,554,107 16,997,094
Other income (expense), net        
Interest income 10,320 10,009 23,509 25,369
Interest expense, net of amount capitalized (202,054) (146,022) (474,512) (457,313)
Other income, net 14,810 12,903 45,277 42,363
Total other expense, net (176,924) (123,110) (405,726) (389,581)
(Loss) income from continuing operations before income taxes (38,177) 3,602,306 8,148,381 16,607,513
Income tax provision 15,345 1,298,420 3,018,861 6,089,367
(Loss) income from continuing operations (53,522) 2,303,886 5,129,520 10,518,146
Loss from discontinued operations, net of income tax benefit of $61,556, $0, $61,556 and $66,077, respectively (103,487) 0 (103,487) (108,007)
Net (loss) income $ (157,009) $ 2,303,886 $ 5,026,033 $ 10,410,139
Net income (loss) per share of common stock — basic and diluted        
Continuing operations (usd per share) $ 0.00 $ 0.09 $ 0.20 $ 0.41
Discontinued operations (usd per share) 0.00 0.00 0.00 0.00
Net income (usd per share) $ (0.01) $ 0.09 $ 0.20 $ 0.41
Weighted average shares outstanding - basic and diluted (shares) 25,451,354 25,451,354 25,451,354 25,451,354

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