Quarterly report pursuant to Section 13 or 15(d)

Balance Sheet

v2.3.0.15
Balance Sheet (USD $)
Sep. 30, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 31,734,749 $ 44,691,021
Restricted cash 12,687,929 9,197,447
Accounts receivable, net 143,856,513 68,584,304
Accounts receivable retainage 18,562,244 18,452,777
Costs and estimated earnings in excess of billings 55,093,772 35,556,425
Inventory, net 8,323,380 6,780,092
Prepaid expenses and other current assets 10,216,107 8,471,628
Income tax receivable 9,504,152 2,511,542
Deferred income taxes 12,668,142 9,908,240
Project development costs 8,170,697 7,556,345
Total current assets 310,817,685 211,709,821
Federal ESPC receivable 236,595,684 193,551,495
Property and equipment, net 6,684,625 5,406,387
Project assets, net 169,092,913 145,147,475
Deferred financing fees, net 3,722,968 3,412,186
Goodwill 41,907,853 20,580,995
Intangible assets, net 13,221,000 0
Other assets 6,390,885 4,598,980
Total Non Current Assets 477,615,928 372,697,518
Total Assets 788,433,613 584,407,339
Current liabilities:    
Current portion of long-term debt 11,115,586 4,722,118
Accounts payable 116,278,050 95,302,897
Accrued expenses and other current liabilities 12,260,683 12,517,671
Billings in excess of cost and estimated earnings 31,345,206 27,555,894
Income taxes payable 802,290 2,488,672
Total current liabilities 171,801,815 142,587,252
Long-term debt, less current portion 325,905,269 202,409,484
Deferred income taxes 24,125,829 12,013,799
Deferred grant income 6,109,406 4,200,929
Other liabilities 29,673,680 28,144,144
Total Liabilities 385,814,184 246,768,356
Commitments and Contingencies (Note 7)    
Stockholders’ equity:    
Preferred stock, $0.0001 par value, 5,000,000 shares authorized, no shares issued and outstanding at December 31, 2010 and September 30, 2011 0 0
Additional paid-in capital 86,725,095 74,069,087
Retained earnings 153,088,094 126,609,101
Accumulated other comprehensive income 182,181 3,551,521
Less - treasury stock, at cost, 4,833,284 shares (9,182,571) (9,182,571)
Total stockholders’ equity 230,817,614 195,051,731
Liabilities and Shareholders Equity 788,433,613 584,407,339
Common Class A [Member]
   
Stockholders’ equity:    
Common Stock 3,015 2,793
Common Class B [Member]
   
Stockholders’ equity:    
Common Stock $ 1,800 $ 1,800