Note 6 - Unearned Revenue

9 Months Ended

Sep. 30, 2022

Notes to Financial Statements

Unearned Revenue From Unsatisfied Performance Obligations [Text Block]

6.  Unearned Revenue

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

(in thousands)	September 30, 2022		December 31, 2021		September 30, 2021
California	$	801,449	$	771,759	$	855,765
Central		1,299,281		1,334,901		1,468,341
Mountain		548,336		488,425		708,086
Total	$	2,649,066	$	2,595,085	$	3,032,192

All unearned revenue is in the Construction segment. Approximately $2.2 billion of the  September 30, 2022 unearned revenue is expected to be recognized within the next twelve months and the remaining amount will be recognized thereafter.