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Revisions in Estimates (Tables)
6 Months Ended
Jun. 30, 2018
Construction Segment [Member]  
Change In Accounting Estimate [Line Items]  
Schedule of Projects Summarized

The projects are summarized as follows:

Increases

 

 

 

Three Months Ended June 30,

 

 

 

Six Months Ended June 30,

 

(dollars in millions)

 

2018

 

 

 

2017

 

 

 

2018

 

 

 

2017

 

Number of projects with upward estimate changes

 

 

1

 

 

 

 

 

 

 

 

2

 

 

 

 

 

Range of increase in gross profit from each project, net

$

 

1.4

 

 

$

 

 

 

$

1.4 - 1.4

 

 

$

 

 

Increase on project profitability

$

 

1.4

 

 

$

 

 

 

$

 

2.8

 

 

$

 

 

 

Decreases

 

 

 

Three Months Ended June 30,

 

 

 

Six Months Ended June 30,

 

(dollars in millions)

 

2018

 

 

 

2017

 

 

 

2018

 

 

 

2017

 

Number of projects with downward estimate changes

 

 

3

 

 

 

 

1

 

 

 

 

3

 

 

 

 

1

 

Range of reduction in gross profit from each project, net

$

1.2 - 2.5

 

 

$

 

1.1

 

 

$

1.3 - 2.6

 

 

$

 

1.8

 

Decrease on project profitability

$

 

5.9

 

 

$

 

1.1

 

 

$

 

6.1

 

 

$

 

1.8

 

 

Large Project Construction [Member]  
Change In Accounting Estimate [Line Items]  
Schedule of Projects Summarized

The projects are summarized as follows:

Increases

 

 

 

Three Months Ended June 30,

 

 

 

Six Months Ended June 30,

 

(dollars in millions)

 

2018

 

 

 

2017

 

 

 

2018

 

 

 

2017

 

Number of projects with upward estimate changes

 

 

1

 

 

 

 

 

 

 

 

1

 

 

 

 

 

Range of increase in gross profit from each project, net

$

 

1.0

 

 

$

 

 

 

$

 

1.2

 

 

$

 

 

Increase on project profitability

$

 

1.0

 

 

$

 

 

 

$

 

1.2

 

 

$

 

 

Decreases

 

 

 

Three Months Ended June 30,

 

 

 

Six Months Ended June 30,

 

(dollars in millions)

 

2018

 

 

 

2017

 

 

 

2018

 

 

 

2017

 

Number of projects with downward estimate changes

 

 

3

 

 

 

 

5

 

 

 

 

5

 

 

 

 

7

 

Range of reduction in gross profit from each project, net

$

1.0 - 15.7

 

 

$

1.1 - 8.1

 

 

$

1.1 - 18.3

 

 

$

1.0 - 10.8

 

Decrease on project profitability

$

 

31.3

 

 

$

 

23.8

 

 

$

 

41.0

 

 

$

 

37.8