Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2022

Revenue from Contract with Customer [Abstract]

Schedule of revenue by contract and market type

The components of the Company’s revenue by contract type for the three months ended June 30, 2022 and 2021 were as follows:

	Three months ended June 30, 2022
	T&D				C&I				Total
(dollars in thousands)	Amount		Percent		Amount		Percent		Amount		Percent
Fixed price	$	192,934	46.5	%	$	243,682	83.2	%	$	436,616	61.7	%
Unit price	117,609		28.3		17,932		6.1		135,541		19.1
T&E	104,692		25.2		31,265		10.7		135,957		19.2
	$	415,235	100.0	%	$	292,879	100.0	%	$	708,114	100.0	%

	Three months ended June 30, 2021
	T&D				C&I				Total
(dollars in thousands)	Amount		Percent		Amount		Percent		Amount		Percent
Fixed price	$	157,421	48.2	%	$	259,213	80.3	%	$	416,634	64.1	%
Unit price	89,944		27.5		18,483		5.7		108,427		16.7
T&E	79,466		24.3		45,046		14.0		124,512		19.2
	$	326,831	100.0	%	$	322,742	100.0	%	$	649,573	100.0	%

The components of the Company’s revenue by contract type for the six months ended June 30, 2022 and 2021 were as follows:

	Six months ended June 30, 2022
	T&D				C&I				Total
(dollars in thousands)	Amount		Percent		Amount		Percent		Amount		Percent
Fixed price	$	343,838	44.1	%	$	462,259	81.9	%	$	806,097	59.9	%
Unit price	221,930		28.4		32,735		5.8		254,665		19.0
T&E	214,323		27.5		69,653		12.3		283,976		21.1
	$	780,091	100.0	%	$	564,647	100.0	%	$	1,344,738	100.0	%

	Six months ended June 30, 2021
	T&D				C&I				Total
(dollars in thousands)	Amount		Percent		Amount		Percent		Amount		Percent
Fixed price	$	309,488	48.2	%	$	486,883	81.1	%	$	796,371	64.1	%
Unit price	175,289		27.3		36,910		6.2		212,199		17.1
T&E	156,962		24.5		76,527		12.7		233,489		18.8
	$	641,739	100.0	%	$	600,320	100.0	%	$	1,242,059	100.0	%

The components of the Company’s revenue by market type for the three months ended June 30, 2022 and 2021 were as follows:

	Three months ended June 30, 2022					Three months ended June 30, 2021
(dollars in thousands)	Amount		Percent		Segment	Amount		Percent		Segment
Transmission	$	250,078	35.3	%	T&D	$	210,946	32.5	%	T&D
Distribution	165,157		23.3		T&D	115,885		17.8		T&D
Electrical construction	292,879		41.4		C&I	322,742		49.7		C&I
Total revenue	$	708,114	100.0	%		$	649,573	100.0	%

The components of the Company’s revenue by market type for the six months ended June 30, 2022 and 2021 were as follows:

	Six months ended June 30, 2022					Six months ended June 30, 2021
(dollars in thousands)	Amount		Percent		Segment	Amount		Percent		Segment
Transmission	$	471,685	35.1	%	T&D	$	422,173	34.0	%	T&D
Distribution	308,406		22.9		T&D	219,566		17.7		T&D
Electrical construction	564,647		42.0		C&I	600,320		48.3		C&I
Total revenue	$	1,344,738	100.0	%		$	1,242,059	100.0	%

Schedule of amount of the remaining performance obligations that the company reasonably estimates will not be recognized within the next twelve months

The following table summarizes the amount of remaining performance obligations as of June 30, 2022 that the Company expects to be realized and the amount of the remaining performance obligations that the Company reasonably estimates will not be recognized within the next twelve months.

	Remaining Performance Obligations at June 30, 2022
(in thousands)	Total		Amount estimated to not be recognized within 12 months		Total at December 31, 2021
T&D	$	940,866	$	136,308	$	572,032
C&I	1,371,718		490,386		1,105,866
Total	$	2,312,584	$	626,694	$	1,677,898