| Summarized Financial Information |
Summarized financial information for Quanta’s
reportable segments is presented in the following table (in
thousands):
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Three Months Ended
June 30, |
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Six Months Ended
June 30, |
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2016 |
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2015 |
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2016 |
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2015 |
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Revenues:
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Electric Power Infrastructure Services
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$ |
1,159,087 |
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$ |
1,222,324 |
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$ |
2,346,089 |
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$ |
2,462,616 |
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Oil and Gas Infrastructure Services
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|
633,343 |
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|
650,016 |
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|
1,160,078 |
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|
1,271,110 |
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Consolidated
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$ |
1,792,430 |
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$ |
1,872,340 |
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$ |
3,506,167 |
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$ |
3,733,726 |
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Operating income (loss):
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Electric Power Infrastructure Services
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|
$ |
75,934 |
|
|
$ |
88,027 |
|
|
$ |
163,258 |
|
|
$ |
197,019 |
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Oil and Gas Infrastructure Services
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|
|
11,899 |
|
|
|
35,981 |
|
|
|
17,740 |
|
|
|
60,128 |
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Corporate and non-allocated costs
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|
(52,364 |
) |
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|
(55,157 |
) |
|
|
(108,235 |
) |
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|
(104,146 |
) |
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Consolidated
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$ |
35,469 |
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$ |
68,851 |
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$ |
72,763 |
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$ |
153,001 |
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Depreciation:
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Electric Power Infrastructure Services
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|
$ |
22,937 |
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|
$ |
22,072 |
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|
$ |
45,882 |
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|
$ |
42,989 |
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Oil and Gas Infrastructure Services
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|
17,254 |
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|
16,783 |
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|
|
33,055 |
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|
33,252 |
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Corporate and non-allocated costs
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|
2,568 |
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|
2,175 |
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|
4,992 |
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|
4,187 |
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Consolidated
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$ |
42,759 |
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$ |
41,030 |
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$ |
83,929 |
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$ |
80,428 |
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