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Business Segments (Tables)
12 Months Ended
Dec. 31, 2013
Business Segments  
Reportable Segments

 

 

 

 

Reportable Segments

 

 

 

 

 

 

 

 

 

 

 

Specialty

 

Management

 

 

 

 

 

Consolidated

 

(in thousands)

 

Civil

 

Building

 

Contractors

 

Services

 

Totals

 

Corporate

 

Total

 

2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Revenues

 

$

1,423,772

 

$

1,537,227

 

$

1,182,844

 

$

181,076

 

$

4,324,919

 

$

 

$

4,324,919

 

Elimination of intersegment revenues

 

(77,954

)

(67,008

)

(567

)

(3,718

)

(149,247

)

 

(149,247

)

Revenues from external customers

 

$

1,345,818

 

$

1,470,219

 

$

1,182,277

 

$

177,358

 

$

4,175,672

 

$

 

$

4,175,672

 

Income from construction operations

 

$

167,868

 

$

23,799

 

$

49,008

 

$

10,579

 

$

251,254

 

$

(47,432

)

$

203,822

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets

 

$

1,295,713

 

$

610,431

 

$

727,303

 

$

187,864

 

$

2,821,311

 

$

576,127

(b)

$

3,397,438

 

Capital Expenditures

 

$

29,497

 

$

1,555

 

$

4,137

 

$

3,103

 

$

38,292

 

$

6,999

 

$

45,291

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2012

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Revenues

 

$

1,290,610

 

$

1,478,508

 

$

1,183,518

 

$

241,483

 

$

4,194,119

 

$

 

$

4,194,119

 

Elimination of intersegment revenues

 

(42,329

)

(10,598

)

(481

)

(29,240

)

(82,648

)

 

(82,648

)

Revenues from external customers

 

$

1,248,281

 

$

1,467,910

 

$

1,183,037

 

$

212,243

 

$

4,111,471

 

$

 

$

4,111,471

 

(Loss) Income from construction operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Before impairment charge

 

$

112,584

 

$

(4,098

)

$

79,080

 

$

12,291

 

$

199,857

 

$

(45,094

)(a)

$

154,763

 

Impairment charge

 

(65,503

)

(282,608

)

(11,489

)

(16,974

)

(376,574

)

 

(376,574

)

Total

 

$

47,081

 

$

(286,706

)

$

67,591

 

$

(4,683

)

$

(176,717

)

$

(45,094

)

$

(221,811

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets

 

$

1,046,712

 

$

669,780

 

$

672,074

 

$

180,145

 

$

2,568,711

 

$

727,699

(b)

$

3,296,410

 

Capital Expenditures

 

$

27,037

 

$

1,682

 

$

10,201

 

$

1,791

 

$

40,711

 

$

2,691

 

$

43,402

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2011

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Revenues

 

$

896,896

 

$

1,952,030

 

$

802,535

 

$

275,975

 

$

3,927,436

 

$

 

$

3,927,436

 

Elimination of intersegment revenues

 

(11,651

)

(126,562

)

(75

)

(72,831

)

(211,119

)

 

(211,119

)

Revenues from external customers

 

$

885,245

 

$

1,825,468

 

$

802,460

 

$

203,144

 

$

3,716,317

 

$

 

$

3,716,317

 

Income from construction operations

 

$

78,546

 

$

46,262

 

$

65,582

 

$

22,322

 

$

212,712

 

$

(44,336

)(a)

$

168,376

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets

 

$

1,102,471

 

$

1,125,632

 

$

597,986

 

$

182,583

 

$

3,008,672

 

$

604,455

(b)

$

3,613,127

 

Capital Expenditures

 

$

49,892

 

$

1,293

 

$

4,727

 

$

8,020

 

$

63,932

 

$

4,419

 

$

68,351

 

 

(a) Primarily consist of corporate general and administrative expenses.

(b) Principally consist of cash and cash equivalents, corporate transportation equipment, construction equipment, and other investments available for general corporate purposes.

Principal Geographical Areas

 

 

 

 

Year ended December 31,

 

 

 

2013

 

2012

 

2011

 

 

 

(in thousands)

 

Revenues

 

 

 

 

 

 

 

United States

 

$

4,000,380

 

$

3,925,733

 

$

3,508,349

 

Foreign and U.S. Territories

 

175,292

 

185,738

 

207,968

 

Total

 

$

4,175,672

 

$

4,111,471

 

$

3,716,317

 

 

 

 

 

 

 

 

 

Income (loss) from construction operations

 

 

 

 

 

 

 

United States

 

$

238,989

 

$

(195,457

)

$

184,268

 

Foreign and U.S. Territories

 

12,265

 

18,740

 

28,444

 

Corporate

 

(47,432

)

(45,094

)

(44,336

)

Total

 

$

203,822

 

$

(221,811

)

$

168,376

 

 

 

 

At December 31,

 

 

 

2013

 

2012

 

2011

 

 

 

(in thousands)

 

Assets

 

 

 

 

 

 

 

United States

 

$

3,182,706

 

$

3,107,808

 

$

3,460,470

 

Foreign and U.S. Territories

 

214,732

 

188,602

 

152,657

 

Total

 

$

3,397,438

 

$

3,296,410

 

$

3,613,127