XML 34 R21.htm IDEA: XBRL DOCUMENT v3.8.0.1
Business Segment Information
9 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
Business Segment Information
Business Segment Information
Summarized segment information is as follows (in thousands):
 
 
Three Months Ended September 30,
 
 
Construction
 
Large Project Construction
 
Construction Materials
 
Total
2017
 
 
 
 

 
 
 
 

Total revenue from reportable segments
 
$
579,146

 
$
279,845

 
$
180,265

 
$
1,039,256

Elimination of intersegment revenue
 

 

 
(82,130
)
 
(82,130
)
Revenue from external customers
 
579,146

 
279,845

 
98,135

 
957,126

Gross profit
 
91,348

 
6,385

 
16,797

 
114,530

Depreciation, depletion and amortization
 
5,770

 
3,226

 
5,824

 
14,820

 
 
 
 
 
 
 
 
 
2016
 
 

 
 

 
 

 
 

Total revenue from reportable segments
 
$
464,624

 
$
249,345

 
$
162,835

 
$
876,804

Elimination of intersegment revenue
 

 

 
(72,899
)
 
(72,899
)
Revenue from external customers
 
464,624

 
249,345

 
89,936

 
803,905

Gross profit
 
71,530

 
23,519

 
12,625

 
107,674

Depreciation, depletion and amortization
 
6,162

 
1,821

 
6,168

 
14,151

 
 
Nine Months Ended September 30,
 
 
Construction
 
Large Project Construction
 
Construction Materials
 
Total
2017
 
 
 
 

 
 
 
 

Total revenue from reportable segments
 
$
1,235,264

 
$
741,341

 
$
352,129

 
$
2,328,734

Elimination of intersegment revenue
 

 

 
(140,295
)
 
(140,295
)
Revenue from external customers
 
1,235,264

 
741,341

 
211,834

 
2,188,439

Gross profit
 
181,801

 
9,435

 
22,990

 
214,226

Depreciation, depletion and amortization
 
16,205

 
8,193

 
16,439

 
40,837

Segment assets
 
141,210

 
326,314

 
287,821

 
755,345

 
 
 
 
 
 
 
 
 
2016
 
 

 
 

 
 

 
 

Total revenue from reportable segments
 
$
1,005,457

 
$
642,116

 
$
327,108

 
$
1,974,681

Elimination of intersegment revenue
 

 

 
(126,745
)
 
(126,745
)
Revenue from external customers
 
1,005,457

 
642,116

 
200,363

 
1,847,936

Gross profit
 
147,519

 
50,678

 
21,923

 
220,120

Depreciation, depletion and amortization
 
16,032

 
4,809

 
17,364

 
38,205

Segment assets
 
156,458

 
322,800

 
290,898

 
770,156


A reconciliation of segment gross profit to consolidated income before provision for income taxes is as follows:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(in thousands)
2017
 
2016
 
2017
 
2016
Total gross profit from reportable segments
$
114,530

 
$
107,674

 
$
214,226

 
$
220,120

Selling, general and administrative expenses 
49,501

 
54,194

 
162,726

 
159,032

Gain on sales of property and equipment
(1,753
)
 
(398
)
 
(2,830
)
 
(2,364
)
Total other income
(2,522
)
 
(912
)
 
(2,987
)
 
(3,024
)
Income before provision for income taxes
$
69,304

 
$
54,790


$
57,317


$
66,476