Revenue Recognition (Tables)

9 Months Ended

Sep. 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 September 30, 2022 and 2021 were as follows:

	Three months ended September 30, 2022
	T&D				C&I				Total
(dollars in thousands)	Amount		Percent		Amount		Percent		Amount		Percent
Fixed price	$	216,082	47.8	%	$	290,078	83.4	%	$	506,160	63.3	%
Unit price	127,121		28.1		27,597		7.9		154,718		19.3
T&E	108,811		24.1		30,159		8.7		138,970		17.4
	$	452,014	100.0	%	$	347,834	100.0	%	$	799,848	100.0	%

	Three months ended September 30, 2021
	T&D				C&I				Total
(dollars in thousands)	Amount		Percent		Amount		Percent		Amount		Percent
Fixed price	$	122,185	39.9	%	$	246,803	81.3	%	$	368,988	60.5	%
Unit price	83,200		27.1		21,567		7.1		104,767		17.2
T&E	101,161		33.0		35,266		11.6		136,427		22.3
	$	306,546	100.0	%	$	303,636	100.0	%	$	610,182	100.0	%

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

	Nine months ended September 30, 2022
	T&D				C&I				Total
(dollars in thousands)	Amount		Percent		Amount		Percent		Amount		Percent
Fixed price	$	559,920	45.5	%	$	752,337	82.5	%	$	1,312,257	61.2	%
Unit price	349,051		28.3		60,332		6.6		409,383		19.1
T&E	323,134		26.2		99,812		10.9		422,946		19.7
	$	1,232,105	100.0	%	$	912,481	100.0	%	$	2,144,586	100.0	%

	Nine months ended September 30, 2021
	T&D				C&I				Total
(dollars in thousands)	Amount		Percent		Amount		Percent		Amount		Percent
Fixed price	$	431,673	45.5	%	$	733,686	81.2	%	$	1,165,359	62.9	%
Unit price	258,489		27.3		58,477		6.5		316,966		17.1
T&E	258,123		27.2		111,793		12.3		369,916		20.0
	$	948,285	100.0	%	$	903,956	100.0	%	$	1,852,241	100.0	%

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

	Three months ended September 30, 2022					Three months ended September 30, 2021
(dollars in thousands)	Amount		Percent		Segment	Amount		Percent		Segment
Transmission	$	264,022	33.0	%	T&D	$	165,953	27.2	%	T&D
Distribution	187,992		23.5		T&D	140,593		23.0		T&D
Electrical construction	347,834		43.5		C&I	303,636		49.8		C&I
Total revenue	$	799,848	100.0	%		$	610,182	100.0	%

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

	Nine months ended September 30, 2022					Nine months ended September 30, 2021
(dollars in thousands)	Amount		Percent		Segment	Amount		Percent		Segment
Transmission	$	735,707	34.3	%	T&D	$	588,126	31.8	%	T&D
Distribution	496,398		23.2		T&D	360,159		19.4		T&D
Electrical construction	912,481		42.5		C&I	903,956		48.8		C&I
Total revenue	$	2,144,586	100.0	%		$	1,852,241	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 September 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 September 30, 2022
(in thousands)	Total		Amount estimated to not be recognized within 12 months		Total at December 31, 2021
T&D	$	840,458	$	82,767	$	572,032
C&I	1,445,006		346,235		1,105,866
Total	$	2,285,464	$	429,002	$	1,677,898