XML 110 R35.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Revenue Recognition (Tables)
12 Months Ended
Dec. 31, 2019
Revenue Recognition  
Schedule of revenue by contract and market type

The components of the Company’s revenue by contract type were as follows for the year ended December 31:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2019

 

 

 

T&D

 

C&I

 

Total

 

(dollars in thousands)

    

Amount

    

Percent

    

Amount

    

Percent

    

Amount

    

Percent

 

Fixed price

 

$

564,251

 

49.7

%  

$

704,743

 

75.2

%  

$

1,268,994

 

61.3

%

Unit price

 

 

228,223

 

20.1

 

 

54,433

 

5.8

 

 

282,656

 

13.6

 

T&E

 

 

316,943

 

27.9

 

 

101,770

 

10.9

 

 

418,713

 

20.2

 

Other

 

 

24,994

 

2.3

 

 

75,802

 

8.1

 

 

100,796

 

4.9

 

 

 

$

1,134,411

 

100.0

%  

$

936,748

 

100.0

%  

$

2,071,159

 

100.0

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

 

 

T&D

 

C&I

 

Total

 

(dollars in thousands)

    

Amount

    

Percent

    

Amount

    

Percent

    

Amount

    

Percent

 

Fixed price

 

$

361,699

 

40.5

%  

$

452,732

 

71.0

%  

$

814,431

 

53.2

%

Unit Price

 

 

181,179

 

20.3

 

 

51,590

 

8.1

 

 

232,769

 

15.2

 

T&E

 

 

305,581

 

34.2

 

 

34,938

 

5.4

 

 

340,519

 

22.2

 

Other

 

 

44,649

 

5.0

 

 

98,801

 

15.5

 

 

143,450

 

9.4

 

 

 

$

893,108

 

100.0

%  

$

638,061

 

100.0

%  

$

1,531,169

 

100.0

%

 

The components of the Company’s revenue by market type were as follows for the year ended December 31:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2019

 

2018

(dollars in thousands)

    

Amount

    

Percent

    

Segment

    

Amount

    

Percent

    

Segment

Transmission

 

$

772,609

 

37.3

%  

T&D

 

$

559,467

 

36.5

%  

T&D

Distribution

 

 

361,802

 

17.5

 

T&D

 

 

333,641

 

21.8

 

T&D

Electrical construction

 

 

936,748

 

45.2

 

C&I

 

 

638,061

 

41.7

 

C&I

Total revenue

 

$

2,071,159

 

100.0

%  

 

 

$

1,531,169

 

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 that amount of remaining performance obligations as of December 31, 2019 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, 2019

 

 

 

 

 

Amount estimated to

 

 

 

 

 

not be recognized

(in thousands)

    

Total

    

within 12 months

T&D

 

$

381,850

 

$

45,678

C&I

 

 

1,027,193

 

 

260,837

Total

 

$

1,409,043

 

$

306,515