Note 6 - Unearned Revenue

6 Months Ended

Jun. 30, 2023

Revenue Recognition and Deferred Revenue [Abstract]

Unearned Revenue

.  Unearned Revenue

The following table presents our unearned revenue as of the respective periods:

(in thousands)	June 30, 2023		December 31, 2022
California	$	1,266,122	$	945,971
Central	1,336,341		1,444,983
Mountain	790,043		486,524
Total	$	3,392,506	$	2,877,478

All unearned revenue is in the Construction segment. Approximately $2.3 billion of the June 30, 2023 unearned revenue is expected to be recognized within the next twelve months and the remaining amount will be recognized thereafter.