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Business Segment Information
3 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Business Segment Information

18.

Business Segment Information

Summarized segment information is as follows (in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

Construction

 

 

Large Project

Construction

 

 

Construction

Materials

 

 

Total

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue from reportable segments

 

$

269,243

 

 

$

248,414

 

 

$

53,322

 

 

$

570,979

 

Elimination of intersegment revenue

 

 

 

 

 

 

 

 

(7,600

)

 

 

(7,600

)

Revenue from external customers

 

 

269,243

 

 

 

248,414

 

 

 

45,722

 

 

 

563,379

 

Gross profit (loss)

 

 

38,396

 

 

 

20,366

 

 

 

(2,479

)

 

 

56,283

 

Depreciation, depletion and amortization

 

 

5,054

 

 

 

2,599

 

 

 

5,410

 

 

 

13,063

 

Segment assets

 

 

136,716

 

 

 

345,806

 

 

 

296,085

 

 

 

778,607

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue from reportable segments

 

$

226,849

 

 

$

207,033

 

 

$

48,622

 

 

$

482,504

 

Elimination of intersegment revenue

 

 

 

 

 

 

 

 

(14,104

)

 

 

(14,104

)

Revenue from external customers

 

 

226,849

 

 

 

207,033

 

 

 

34,518

 

 

 

468,400

 

Gross profit (loss)

 

 

27,329

 

 

 

2,555

 

 

 

(4,758

)

 

 

25,126

 

Depreciation, depletion and amortization

 

 

4,994

 

 

 

1,886

 

 

 

5,198

 

 

 

12,078

 

Segment assets

 

 

149,882

 

 

 

306,804

 

 

 

289,895

 

 

 

746,581

 

 

A reconciliation of segment gross profit to consolidated loss before benefit from income taxes is as follows:

 

 

 

Three Months Ended March 31,

 

(in thousands)

 

2018

 

 

2017

 

Total gross profit from reportable segments

 

$

56,283

 

 

$

25,126

 

Selling, general and administrative expenses

 

 

61,252

 

 

 

61,837

 

Acquisition and integration expenses

 

 

8,409

 

 

 

 

Gain on sales of property and equipment

 

 

(543

)

 

 

(270

)

Total other expense (income)

 

 

958

 

 

 

(94

)

Loss before benefit from income taxes

 

$

(13,793

)

 

$

(36,347

)