Segment Information

9 Months Ended

Sep. 30, 2018

12.

Segment information

The Company and its subsidiaries currently operate in two reportable segments: dredging and environmental & infrastructure. The Company’s financial reporting systems present various data for management to run the business, including profit and loss statements prepared according to the segments presented. Management uses operating income to evaluate performance between the two segments. Segment information for the periods presented is provided as follows:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2018			2017			2018			2017
Dredging
Contract revenues	$	178,671		$	133,862		$	447,564		$	439,423
Operating income		25,081			5,848			38,826			9,573

Environmental & infrastructure
Contract revenues	$	25,651		$	29,667		$	53,941		$	73,602
Operating loss		(1,692	)		(3,727	)		(8,343	)		(6,600	)

Intersegment revenues	$	—		$	(212	)	$	—		$	(2,263	)
Total
Contract revenues	$	204,322		$	163,317		$	501,505		$	510,762
Operating income		23,389			2,121			30,483			2,973