Note 6 - Unearned Revenue

3 Months Ended

Mar. 31, 2023

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)	March 31, 2023		December 31, 2022
California	$	1,011,489	$	945,971
Central		1,437,759		1,444,983
Mountain		714,320		486,524
Total	$	3,163,568	$	2,877,478

All unearned revenue is in the Construction segment. Approximately $2.1 billion of the  March 31, 2023 unearned revenue is expected to be recognized within the next twelve months and the remaining amount will be recognized thereafter.