XML 38 R26.htm IDEA: XBRL DOCUMENT v3.7.0.1
Business Segments (Tables)
 3 Months Ended
Mar. 31, 2017
Business Segments [Abstract]  
Reportable Segments



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



Reportable Segments

 

 

 

 

 

 



 

 

 

 

 

 

Specialty

 

 

 

 

 

 

 

Consolidated

(in thousands)

Civil

 

 

Building

 

Contractors

 

Total

 

Corporate

 

Total

Three Months Ended March 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue

$

 338,108 

 

$

 515,251 

 

$

 315,696 

 

$

 1,169,055 

 

$

 —

 

$

 1,169,055 

Elimination of intersegment revenue

 

 (33,533)

 

 

 (18,161)

 

 

 —

 

 

 (51,694)

 

 

 —

 

 

 (51,694)

Revenue from external customers

$

 304,575 

 

$

 497,090 

 

$

 315,696 

 

$

 1,117,361 

 

$

 —

 

$

 1,117,361 

Income from construction operations

$

 31,888 

 

$

 5,242 

 

$

 14,762 

 

$

 51,892 

 

$

 (14,875)

(a)

$

 37,017 

Capital expenditures

$

 5,567 

 

$

 45 

 

$

 6 

 

$

 5,618 

 

$

 54 

 

$

 5,672 

Depreciation and amortization (b)

$

 16,318 

 

$

 518 

 

$

 1,192 

 

$

 18,028 

 

$

 2,968 

 

$

 20,996 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 

Capital expenditures

$

 3,612 

 

$

 221 

 

$

 625 

 

$

 4,458 

 

$

 354 

 

$

 4,812 

Depreciation and amortization (b)

$

 8,083 

 

$

 557 

 

$

 1,305 

 

$

 9,945 

 

$

 2,864 

 

$

 12,809 

____________________________________________________________________________________________________

(a)Consists primarily of corporate general and administrative expenses.

(b)

Depreciation and amortization is included in income from construction operations.

Reconciliation of Segment Results to Consolidated Income Before Income Taxes



 

 

 

 

 



 

 

 

 

 



Three Months Ended March 31,

(in thousands)

2017

 

2016

Income from construction operations

$

 37,017 

 

$

 40,122 

Other income, net

 

 417 

 

 

 682 

Interest expense

 

 (15,564)

 

 

 (14,080)

Income before income taxes

$

 21,870 

 

$

 26,724 



Schedule of Assets by Segment



 

 

 

 

 



 

 

 

 

 

(in thousands)

March 31, 2017

 

December 31, 2016

Civil

$

 2,102,432 

 

$

 2,152,123 

Building

 

 896,442 

 

 

 917,317 

Specialty Contractors

 

 793,507 

 

 

 813,851 

Corporate and other (a)

 

 206,102 

 

 

 155,329 

Total Assets

$

 3,998,483 

 

$

 4,038,620 

____________________________________________________________________________________________________

(a)

Consists principally of cash, equipment, tax-related assets and insurance-related assets, offset by the elimination of assets related to intersegment revenue.