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Business Segments
3 Months Ended
Mar. 31, 2013
Business Segments  
Business Segments

(12)        Business Segments

 

The Company’s chief operating decision maker is the Chairman and Chief Executive Officer who decides how to allocate resources and assess performance of the business segments.  Generally, the Company evaluates performance of its operating segments on the basis of income from operations and cash flow.

 

The following table sets forth certain reportable segment information relating to the Company’s operations for the three months ended March 31, 2013 and 2012.

 

 

 

Reportable Segments

 

 

 

 

 

 

 

 

 

 

 

Specialty

 

Management

 

 

 

 

 

Consolidated

 

(in thousands)

 

Building

 

Civil

 

Contractors

 

Services

 

Totals

 

Corporate

 

Total

 

Three Months Ended March 31, 2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

425,114

 

$

283,975

 

$

301,877

 

$

47,369

 

$

1,058,335

 

$

 

$

1,058,335

 

Elimination of intersegment revenues

 

(11,475

)

(51,288

)

(10

)

(2,634

)

(65,407

)

 

(65,407

)

Revenues from external customers

 

$

413,639

 

$

232,687

 

$

301,867

 

$

44,735

 

$

992,928

 

$

 

$

992,928

 

Income from construction operations

 

$

4,237

 

$

21,554

 

$

19,286

 

$

2,806

 

$

47,883

 

$

(11,804

)*

$

36,079

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 2012

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Revenues

 

$

343,039

 

$

250,589

 

$

267,736

 

$

68,112

 

$

929,476

 

$

 

$

929,476

 

Elimination of intersegment revenues

 

(2,245

)

(1,216

)

(298

)

(13,183

)

(16,942

)

 

(16,942

)

Revenues from external customers

 

$

340,794

 

$

249,373

 

$

267,438

 

$

54,929

 

$

912,534

 

$

 

$

912,534

 

Income from construction operations

 

$

(8,897

)

$

16,842

 

$

19,748

 

$

1,886

 

$

29,579

 

$

(12,616

)*

$

16,963

 

 

* Consists primarily of corporate general and administrative expenses.