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Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2020
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 and nine months ended September 30, 2020 and 2019 were as follows:
Three months ended September 30, 2020
T&DC&ITotal
(dollars in thousands)AmountPercentAmountPercentAmountPercent
Fixed price$126,387 42.2 %$248,596 80.7 %$374,983 61.7 %
Unit price88,579 29.6 22,589 7.3 111,168 18.3 
T&E79,714 26.6 24,322 7.9 104,036 17.1 
Other5,059 1.6 12,655 4.1 17,714 2.9 
$299,739 100.0 %$308,162 100.0 %$607,901 100.0 %
Three months ended September 30, 2019
T&DC&ITotal
(dollars in thousands)AmountPercentAmountPercentAmountPercent
Fixed price$157,357 53.4 %$220,872 76.6 %$378,229 64.9 %
Unit price49,392 16.7 19,518 6.8 68,910 11.8 
T&E84,299 28.6 32,868 11.4 117,167 20.1 
Other3,892 1.3 15,016 5.2 18,908 3.2 
$294,940 100.0 %$288,274 100.0 %$583,214 100.0 %
The components of the Company’s revenue by contract type for the nine months ended September 30, 2020 and 2019 were as follows:
Nine months ended September 30, 2020
T&DC&ITotal
(dollars in thousands)AmountPercentAmountPercentAmountPercent
Fixed price$373,739 44.7 %$654,797 81.5 %$1,028,536 62.7 %
Unit price236,518 28.3 59,712 7.4 296,230 18.1 
T&E209,397 25.1 61,876 7.7 271,273 16.6 
Other16,114 1.9 27,269 3.4 43,383 2.6 
$835,768 100.0 %$803,654 100.0 %$1,639,422 100.0 %
Nine months ended September 30, 2019
T&DC&ITotal
(dollars in thousands)AmountPercentAmountPercentAmountPercent
Fixed price$410,253 49.8 %$469,700 69.4 %$879,953 58.7 %
Unit price152,748 18.6 42,361 6.3 195,109 13.0 
T&E237,448 28.8 82,592 12.2 320,040 21.3 
Other22,949 2.8 82,033 12.1 104,982 7.0 
$823,398 100.0 %$676,686 100.0 %$1,500,084 100.0 %
The components of the Company’s revenue by market type for the three months ended September 30, 2020 and 2019 were as follows:
Three months ended September 30, 2020Three months ended September 30, 2019
(dollars in thousands)AmountPercentSegmentAmountPercentSegment
Transmission
$185,007 30.4 %T&D$196,083 33.6 %T&D
Distribution
114,732 18.9 T&D98,857 17.0 T&D
Electrical construction
308,162 50.7 C&I288,274 49.4 C&I
Total revenue$607,901 100.0 %$583,214 100.0 %
The components of the Company’s revenue by market type for the nine months ended September 30, 2020 and 2019 were as follows:
Nine months ended September 30, 2020Nine months ended September 30, 2019
(dollars in thousands)AmountPercentSegmentAmountPercentSegment
Transmission
$537,762 32.8 %T&D$553,314 36.9 %T&D
Distribution
298,006 18.2 T&D270,084 18.0 T&D
Electrical construction
803,654 49.0 C&I676,686 45.1 C&I
Total revenue$1,639,422 100.0 %$1,500,084 100.0 %
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, 2020 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, 2020
(in thousands)TotalAmount estimated to not be
recognized within 12 months
Total at December 31, 2019
T&D$639,171 $207,175 $381,850 
C&I965,589 185,027 1,027,193 
Total$1,604,760 $392,202 $1,409,043