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Business Segments (Tables)
3 Months Ended
Mar. 31, 2015
Business Segments [Abstract]  
Reportable Segments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reportable Segments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Specialty

 

 

 

 

 

 

 

 

Consolidated

(in thousands)

 

Civil

 

 

Building

 

Contractors

 

Totals

 

Corporate

 

 

Total

Three Months Ended March 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

392,876 

 

$

416,063 

 

$

293,017 

 

$

1,101,956 

 

$

 —

 

 

$

1,101,956 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Elimination of intersegment revenues

 

 

(18,202)

 

 

(17,233)

 

 

(56)

 

 

(35,491)

 

 

 —

 

 

 

(35,491)

Revenues from external customers

 

$

374,674 

 

$

398,830 

 

$

292,961 

 

$

1,066,465 

 

$

 —

 

 

$

1,066,465 

Income from construction operations

 

$

30,593 

 

$

(2,279)

 

$

10,524 

 

$

38,838 

 

$

(18,754)

*

 

$

20,084 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

376,392 

 

$

311,315 

 

$

292,145 

 

$

979,852 

 

$

 —

 

 

$

979,852 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Elimination of intersegment revenues

 

 

(11,236)

 

 

(13,383)

 

 

 —

 

 

(24,619)

 

 

 —

 

 

 

(24,619)

Revenues from external customers

 

$

365,156 

 

$

297,932 

 

$

292,145 

 

$

955,233 

 

$

 —

 

 

$

955,233 

Income from construction operations

 

$

44,345 

 

$

1,823 

 

$

7,817 

 

$

53,985 

 

$

(12,488)

*

 

$

41,497 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


*  Consists primarily of corporate general and administrative expenses.

Schedule of Assets by Segment

 

The following table sets forth certain reportable segment information relating to the Company’s total assets as of March 31, 2015 and December 31, 2014 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2015

 

December 31, 2014

 

 

 

 

 

 

 

Building

 

$

684,116 

 

$

680,933 

Civil

 

 

1,722,877 

 

 

1,814,170 

Specialty Contractors

 

 

801,699 

 

 

775,162 

  Totals

 

$

3,208,692 

 

$

3,270,265 

Corporate *

 

 

557,788 

 

 

503,050 

Consolidated Total

 

$

3,766,480 

 

$

3,773,315 

 


* Consists principally of Cash and Cash Equivalents and corporate transportation equipment.