XML 29 R18.htm IDEA: XBRL DOCUMENT v3.21.2
Segment Information
9 Months Ended
Sep. 30, 2021
Segment Information  
Segment Information

11. Segment Information

Our activities are within the mechanical services industry and the electrical services industry, which represent our two reportable segments. We aggregate our operating segments into two reportable segments, as the operating segments meet all of the aggregation criteria. On January 1, 2021, we completed a change in the structure of our internal organization that resulted in a portion of our electrical segment’s business being moved to the mechanical segment. We reallocated goodwill between our reorganized reporting units and have restated comparative prior period information for the reorganized reportable segments in accordance with the guidance on segment reporting. Accordingly, we have restated comparative prior period information for the reorganized reportable segments in the tables below. The following table presents information about our reportable segments (in thousands):

Three Months Ended September 30, 2021

    

Mechanical Services

    

Electrical Services

    

Corporate

    

Consolidated

Revenue

$

690,680

$

143,216

$

$

833,896

Gross Profit

$

138,618

$

20,594

$

$

159,212

Three Months Ended September 30, 2020

    

Mechanical Services

    

Electrical Services

    

Corporate

    

Consolidated

Revenue

$

625,660

$

88,439

$

$

714,099

Gross Profit

$

139,845

$

7,351

$

$

147,196

Nine Months Ended September 30, 2021

    

Mechanical Services

    

Electrical Services

    

Corporate

    

Consolidated

Revenue

$

1,868,096

$

349,456

$

$

2,217,552

Gross Profit

$

359,151

$

49,985

$

$

409,136

Nine Months Ended September 30, 2020

    

Mechanical Services

    

Electrical Services

    

Corporate

    

Consolidated

Revenue

$

1,823,117

$

334,581

$

$

2,157,698

Gross Profit

$

386,537

$

23,447

$

$

409,984