EEI 2017 Form 10-K

Table of Contents Ecology and Environment, Inc. Consolidated Balance Sheets (amounts in thousands, except share data) Balance at July 31, 2017 2016 Assets Current assets: Cash, cash equivalents and restricted cash $ 13,343 $ 10,161 Investment securities available for sale 1,498 1,499 Contract receivables, net of allowance for doubtful accounts and contract adjustments of $2,125 and $6,792, respectively 35,107 34,319 Income tax receivable 1,293 916 Other current assets 2,119 2,104 Total current assets 53,360 48,999 Property, buildings and equipment, net of accumulated depreciation of $16,994 and $18,324, respectively 4,428 6,094 Deferred income taxes 1,203 2,650 Other assets 1,786 1,769 Total assets $ 60,777 $ 59,512 Liabilities and Shareholders' Equity Current liabilities: Accounts payable $ 8,073 $ 6,874 Lines of credit 581 312 Accrued payroll costs 6,338 6,590 Current portion of long-term debt and capital lease obligations 382 240 Billings in excess of revenue 2,850 3,297 Other accrued liabilities 2,645 3,445 Total current liabilities 20,869 20,758 Income taxes payable 31 107 Deferred income taxes 3 525 Long-term debt and capital lease obligations 66 217 Commitments and contingencies (Note 20) - - Shareholders' equity: Preferred stock, par value $.01 per share (2,000,000 shares authorized; no shares issued) - - Class A common stock, par value $.01 per share (6,000,000 shares authorized; 3,035,778 shares issued) 30 30 Class B common stock, par value $.01 per share; (10,000,000 shares authorized; 1,357,947 shares issued) 14 14 Capital in excess of par value 17,608 16,606 Retained earnings 23,509 22,237 Accumulated other comprehensive loss (2,018) (2,143) Treasury stock, at cost (Class A common: 27,320 and 39,272 shares; Class B common: 64,801 shares) (1,037) (1,172) Total Ecology and Environment, Inc. shareholders' equity 38,106 35,572 Noncontrolling interests 1,702 2,333 Total shareholders' equity 39,808 37,905 Total liabilities and shareholders' equity $ 60,777 $ 59,512 The accompanying notes are an integral part of these consolidated financial statements. 32