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Business Segments (Tables)
3 Months Ended
Mar. 31, 2019
Business Segments [Abstract]  
Reportable Segments




(a)

Consists primarily of corporate general and administrative expenses.

(b)

Depreciation and amortization is included in income (loss) from construction operations.

(c)

During the three months ended March 31, 2018, the Company recorded a charge of $17.8 million in income from construction operations (an after-tax impact of $12.8 million, or $0.25 per diluted share), which was primarily non-cash, as a result of the unexpected outcome of an arbitration decision related to a subcontract back charge dispute on a Civil segment project in New York that was completed in 2013.

Reconciliation of Segment Results to Consolidated Income Before Income Taxes



 

 

 

 

 



 

 

 

 

 



Three Months Ended March 31,

(in thousands)

2019

 

2018

Income (loss) from construction operations

$

22,913 

 

$

(925)

Other income, net

 

422 

 

 

780 

Interest expense

 

(16,425)

 

 

(15,065)

Income (loss) before income taxes

$

6,910 

 

$

(15,210)



Schedule of Assets by Segment





 

 

 

 

 



 

 

 

 

 



As of

 

As of

(in thousands)

March 31, 2019

 

December 31, 2018

Civil

$

2,606,842 

 

$

2,574,326 

Building

 

936,099 

 

 

913,746 

Specialty Contractors

 

744,509 

 

 

745,313 

Corporate and other(a)

 

268,820 

 

 

154,367 

Total assets

$

4,556,270 

 

$

4,387,752 

(a)

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