XML 45 R36.htm IDEA: XBRL DOCUMENT v3.20.1
Business Segments (Tables)
 3 Months Ended
Mar. 31, 2020
Business Segments [Abstract]  
Reportable Segments

Reportable Segments

Specialty

Consolidated

(in thousands)

Civil

Building

Contractors

Total

Corporate

Total

Three Months Ended March 31, 2020

Total revenue

$

580,087

$

505,082

$

282,452

$

1,367,621

$

—

$

1,367,621

Elimination of intersegment revenue

(93,458)

(23,318)

(116)

(116,892)

—

(116,892)

Revenue from external customers

$

486,629

$

481,764

$

282,336

$

1,250,729

$

—

$

1,250,729

Income (loss) from construction operations

$

46,121

$

3,516

$

8,279

$

57,916

$

(10,689)

(a)

$

47,227

Capital expenditures

$

11,192

$

12

$

473

$

11,677

$

16

$

11,693

Depreciation and amortization(b)

$

18,616

$

427

$

993

$

20,036

$

2,775

$

22,811

Three Months Ended March 31, 2019

Total revenue

$

383,622

$

436,243

$

191,527

$

1,011,392

$

—

$

1,011,392

Elimination of intersegment revenue

(50,128)

(2,777)

—

(52,905)

—

(52,905)

Revenue from external customers

$

333,494

$

433,466

$

191,527

$

958,487

$

—

$

958,487

Income (loss) from construction operations

$

41,745

$

3,133

$

(7,488)

$

37,390

$

(14,477)

(a)

$

22,913

Capital expenditures

$

14,012

$

55

$

123

$

14,190

$

222

$

14,412

Depreciation and amortization(b)

$

9,370

$

503

$

1,064

$

10,937

$

2,780

$

13,717

____________________________________________________________________________________________________

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

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

Reconciliation of Segment Results to Consolidated Income Before Income Taxes

Three Months Ended March 31,

(in thousands)

2020

2019

Income from construction operations

$

47,227

$

22,913

Other income, net

481

422

Interest expense

(16,436)

(16,425)

Income before income taxes

$

31,272

$

6,910
Total Assets for Reportable Segments

As of

As of

(in thousands)

March 31, 2020

December 31, 2019

Civil

$

2,877,417

$

2,791,402

Building

1,094,207

995,298

Specialty Contractors

659,629

635,180

Corporate and other(a)

55,153

63,897

Total assets

$

4,686,406

$

4,485,777

____________________________________________________________________________________________________

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