Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
Mar. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 20,963,260 $ 63,347,645
Restricted cash 25,749,304 26,358,908
Accounts receivable, net 88,298,744 84,124,627
Accounts receivable retainage 22,151,086 23,197,784
Costs and estimated earnings in excess of billings 43,528,591 62,096,284
Inventory, net 11,494,463 9,502,289
Prepaid expenses and other current assets 8,639,804 9,600,619
Income tax receivable 6,586,390 5,385,242
Deferred income taxes 6,254,639 5,190,718
Project development costs 10,684,119 9,038,725
Total current assets 244,350,400 297,842,841
Federal ESPC receivable 92,979,544 91,854,808
Property and equipment, net 9,735,841 9,387,218
Project assets, net 214,349,626 207,274,982
Deferred financing fees, net 5,943,326 5,746,177
Goodwill 50,379,564 48,968,390
Intangible assets, net 9,423,283 9,742,878
Other assets 3,731,411 4,654,709
Total Non Current Assets 386,542,595 377,629,162
Total Assets 630,892,995 675,472,003
Current liabilities:    
Current portion of long-term debt 10,742,963 12,452,678
Accounts payable 66,404,098 101,007,455
Accrued expenses and other current liabilities 9,540,592 13,157,024
Billings in excess of cost and estimated earnings 23,200,163 22,271,655
Total current liabilities 109,887,816 148,888,812
Long-term debt, less current portion 197,670,955 201,922,172
Deferred income taxes 25,593,697 24,888,229
Deferred grant income 7,892,402 7,590,730
Other liabilities 28,380,724 30,362,869
Total Liabilities 259,537,778 264,764,000
Commitments and contingencies (Note 7)      
Stockholders’ equity:    
Preferred stock, $0.0001 par value, 5,000,000 shares authorized, no shares issued and outstanding at March 31, 2013 and December 31, 2012 0 0
Additional paid-in capital 94,806,437 93,141,432
Retained earnings 175,245,645 177,169,717
Accumulated other comprehensive income 685,747 713,194
Non-controlling interest (92,884) (27,583)
Less - treasury stock, at cost, 4,833,284 shares (9,182,571) (9,182,571)
Total stockholders’ equity 261,467,401 261,819,191
Liabilities and Stockholders' Equity 630,892,995 675,472,003
Class A Common Stock
    
Stockholders’ equity:    
Common stock, $0.0001 par value 3,227 3,202
Class B Common Stock
    
Stockholders’ equity:    
Common stock, $0.0001 par value $ 1,800 $ 1,800