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Business Segments (Tables)
3 Months Ended
Mar. 31, 2016
Business Segments [Abstract]  
Reportable Segments



Reportable Segments

 

 

 

 

 

 



 

 

 

 

 

 

Specialty

 

 

 

 

 

 

 

Consolidated

(in thousands)

Civil

 

 

Building

 

Contractors

 

Totals

 

Corporate

 

Total

Three Months Ended March 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue

$

367,501 

 

$

487,994 

 

$

281,773 

 

$

1,137,268 

 

$

 —

 

$

1,137,268 

Elimination of intersegment revenue

 

(31,643)

 

 

(20,256)

 

 

 —

 

 

(51,899)

 

 

 —

 

 

(51,899)

Revenue from external customers

$

335,858 

 

$

467,738 

 

$

281,773 

 

$

1,085,369 

 

$

 —

 

$

1,085,369 

Income from construction operations

$

33,665 

 

$

12,450 

 

$

9,413 

 

$

55,528 

 

$

(15,406)

(a)

$

40,122 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue

$

392,876 

 

$

416,063 

 

$

293,017 

 

$

1,101,956 

 

$

 —

 

$

1,101,956 

Elimination of intersegment revenue

 

(18,202)

 

 

(17,233)

 

 

(56)

 

 

(35,491)

 

 

 —

 

 

(35,491)

Revenue from external customers

$

374,674 

 

$

398,830 

 

$

292,961 

 

$

1,066,465 

 

$

 —

 

$

1,066,465 

Income from construction operations

$

30,593 

 

$

(2,279)

 

$

10,524 

 

$

38,838 

 

$

(18,754)

(a)

$

20,084 

(a)

Consists primarily of corporate general and administrative expenses.



Reconciliation of Segment Results to Consolidated Income Before Income Taxes



 

 

 

 

 



 

 

 

 

 



Three Months Ended March 31,

(in thousands)

2016

 

2015

Income from construction operations

$

40,122 

 

$

20,084 

Other income (expense), net

 

682 

 

 

(754)

Interest expense

 

(14,080)

 

 

(11,125)

Income before income taxes

$

26,724 

 

$

8,205 



Schedule of Assets by Segment



 

 

 

 

 

(in thousands)

March 31, 2016

 

December 31, 2015

Civil

$

1,947,787 

 

$

1,964,038 

Building

 

902,669 

 

 

795,851 

Specialty Contractors

 

843,379 

 

 

860,285 

Corporate and other (a)

 

437,647 

 

 

416,503 

Total Assets

$

4,131,482 

 

$

4,036,677 

(a)

Consists principally of cash and cash equivalents as well as corporate transportation and other equipment.