Segment Information

12 Months Ended

Dec. 31, 2011

Segment Information

Segment Information

17. Segment Information

        MYR Group is a specialty contractor serving the electrical infrastructure market in the United States. Performance measurement and resource allocation for the reporting segments are based on many factors. The primary financial measures used to evaluate the segment information are contract revenues and income from operations, excluding general corporate expenses. General corporate expenses include corporate headquarters facility and staffing costs, which includes safety, professional fees, management fees, and intangible amortization. The accounting policies of the segments are the same as those described in the Summary of Significant Accounting Policies.

        The Company derives revenues from two reporting segments, which are referred to as T&D and C&I, within the United States. The Company has two operating segments which are its reporting segments. The Company's reporting segments are as follows:

        Transmission and Distribution:    The T&D segment provides a broad range of services which includes design, engineering, procurement, construction, upgrade, maintenance and repair services with a particular focus on construction, maintenance and repair throughout the continental United States. T&D services include the construction and maintenance of high voltage transmission lines, substations and lower voltage underground and overhead distribution systems. The T&D segment also provides emergency restoration services in response to hurricane, ice or other storm-related damage. The Company is a national contractor serving electric utilities, private developers, cooperatives, municipalities and other transmission owners.

        Commercial and Industrial:    The C&I segment provides electrical contracting services, typically as a subcontractor, for facilities such as airports, convention centers, hospitals, hotels, data centers, casinos, arenas, processing facilities, water treatment facilities, manufacturing plants and transportation control and management systems. C&I services are generally focused on the Arizona and Colorado regional markets.

        The information in the following table for the years ended December 31, 2011, 2010 and 2009 is derived from the segment's internal financial reports used for corporate management purposes.

	For the Year Ended December 31,
(in thousands)	2011			2010			2009
Contract revenues:
T&D	$	622,000		$	447,458		$	468,744
C&I		158,356			149,619			162,424
	$	780,356		$	597,077		$	631,168
Income from operations:
T&D	$	52,053		$	36,613		$	37,961
C&I		5,833			7,091			11,609
General Corporate		(28,257	)		(17,199	)		(22,047	)
	$	29,629		$	26,505		$	27,523
Depreciation and amortization
T&D	$	18,426		$	14,820		$	12,579
C&I		1,085			1,470			946
	$	19,511		$	16,290		$	13,525

        The Company does not identify capital expenditures and total assets by segment in its internal financial reports due in part to the shared use of a centralized fleet of vehicles and specialized equipment. Identifable assets, consisting of contract receivables, costs and estimated earnings in excess of billings on uncompleted contracts, construction materials inventory, goodwill and intangibles for each segment are as follows as of December 31:

(in thousands)	2011		2010
T&D	$	182,016	$	147,411
C&I		49,492		46,612
Other		181,060		186,125
	$	412,568	$	380,148