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Revenue Recognition (Tables)
12 Months Ended
Dec. 31, 2022
Revenue from Contract with Customer [Abstract]  
Schedule of revenue by contact and market type
The components of the Company’s revenue by contract type were as follows for the year ended December 31:
2022
T&DC&ITotal
(dollars in thousands)AmountPercentAmountPercentAmountPercent
Fixed price$835,288 47.8 %$1,051,428 83.3 %$1,886,716 62.7 %
Unit price475,276 27.2 78,714 6.2 553,990 18.4 
T&E(1)
435,228 25.0 132,608 10.5 567,836 18.9 
$1,745,792 100.0 %$1,262,750 100.0 %$3,008,542 100.0 %
2021
T&DC&ITotal
(dollars in thousands)AmountPercentAmountPercentAmountPercent
Fixed price$559,861 43.0 %$963,477 80.5 %$1,523,338 61.0 %
Unit price369,710 28.4 73,826 6.2 443,536 17.7 
T&E(1)
372,016 28.6 159,399 13.3 531,415 21.3 
$1,301,587 100.0 %$1,196,702 100.0 %$2,498,289 100.0 %
2020
T&DC&ITotal
(dollars in thousands)AmountPercentAmountPercentAmountPercent
Fixed price$507,634 44.0 %$904,024 82.7 %$1,411,658 62.8 %
Unit price338,611 29.3 77,331 7.1 415,942 18.5 
T&E(1)
308,133 26.7 111,659 10.2 419,792 18.7 
$1,154,378 100.0 %$1,093,014 100.0 %$2,247,392 100.0 %
(1) The Company T&E contract type includes time-and-equipment, time-and-materials and cost-plus contracts.
The components of the Company’s revenue by market type were as follows for the year ended December 31:
202220212020
(dollars in thousands)SegmentAmountPercentAmountPercentAmountPercent
TransmissionT&D$1,083,415 36.0 %$806,367 32.3 %$745,599 33.2 %
DistributionT&D662,377 22.0 495,220 19.8 408,779 18.2 
Electrical constructionC&I1,262,750 42.0 1,196,702 47.9 1,093,014 48.6 
Total revenue$3,008,542 100.0 %$2,498,289 100.0 %$2,247,392 100.0 %
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 December 31, 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 as of December 31, 2022
(in thousands)TotalAmount estimated to not be
recognized within 12 months
T&D$898,617 $115,881 
C&I1,428,257 335,935 
Total$2,326,874 $451,816