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Business Segments (Tables)
6 Months Ended
Jun. 30, 2014
Business Segments  
Reportable Segments

 

 

 

Reportable Segments

 

 

 

 

 

 

 

 

 

 

 

Specialty

 

 

 

 

 

Consolidated

 

(in thousands)

 

Civil

 

Building

 

Contractors

 

Totals

 

Corporate

 

Total

 

Three Months Ended June 30 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

398,123

 

$

390,353

 

$

321,959

 

$

1,110,435

 

$

 

$

1,110,435

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Elimination of intersegment revenues

 

(7,584

)

(18,341

)

 

(25,925

)

 

(25,925

)

Revenues from external customers

 

$

390,539

 

$

372,012

 

$

321,959

 

$

1,084,510

 

$

 

$

1,084,510

 

Income from construction operations

 

$

58,002

 

$

7,674

 

$

12,633

 

$

78,309

 

$

(12,866

)*

$

65,443

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2013

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

356,711

 

$

443,622

 

$

284,036

 

$

1,084,369

 

$

 

$

1,084,369

 

Elimination of intersegment revenues

 

(10,515

)

(20,789

)

 

(31,304

)

 

(31,304

)

Revenues from external customers

 

$

346,196

 

$

422,833

 

$

284,036

 

$

1,053,065

 

$

 

$

1,053,065

 

Income from construction operations

 

$

31,674

 

$

2,661

 

$

15,985

 

$

50,320

 

$

(10,846

)*

$

39,474

 

 

 

 

Reportable Segments

 

 

 

 

 

 

 

 

 

 

 

Specialty

 

 

 

 

 

Consolidated

 

(in thousands)

 

Civil

 

Building

 

Contractors

 

Totals

 

Corporate

 

Total

 

Six Months Ended June 30, 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

774,515

 

$

701,668

 

$

614,104

 

$

2,090,287

 

$

 

$

2,090,287

 

Elimination of intersegment revenues

 

(18,820

)

(31,724

)

 

(50,544

)

 

(50,544

)

Revenues from external customers

 

$

755,695

 

$

669,944

 

$

614,104

 

$

2,039,743

 

$

 

$

2,039,743

 

Income from construction operations

 

$

102,347

 

$

9,497

 

$

20,450

 

$

132,294

 

$

(25,354

)*

$

106,940

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2013

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

661,960

 

$

894,831

 

$

585,913

 

$

2,142,704

 

 

$

2,142,704

 

Elimination of intersegment revenues

 

(61,803

)

(34,898

)

(10

)

(96,711

)

 

(96,711

)

Revenues from external customers

 

$

600,157

 

$

859,933

 

$

585,903

 

$

2,045,993

 

$

 

$

2,045,993

 

Income from construction operations

 

$

54,924

 

$

8,008

 

$

35,271

 

$

98,203

 

$

(22,650

)

$

75,553

 

 

 

* Consists primarily of corporate general and administrative expenses.

Schedule of assets by segment

The following table set forth certain reportable segment information relating to the Company’s total assets as of June 30, 2014 and December 31, 2013 (in thousands):

 

 

 

June 30, 2014

 

December 31, 2013

 

 

 

 

 

 

 

Building

 

702,164

 

663,314

 

Civil

 

1,499,197

 

1,384,937

 

Specialty Contractors

 

752,806

 

734,079

 

 

 

$

2,954,167

 

$

2,782,330

 

Corporate *

 

700,356

 

615,108

 

Total

 

$

3,654,523

 

$

3,397,438

 

 

 

* Consists principally of Cash and Cash Equivalents, corporate transportation equipment, and other investments available for general corporate purposes