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Business Segment Information (Tables)
6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information

Summarized segment information is as follows (in thousands):

Three Months Ended June 30,

 

 

 

Construction

 

 

Large Project

Construction

 

 

Construction

Materials

 

 

Total

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue from reportable segments

 

$

432,225

 

 

$

273,946

 

 

$

146,197

 

 

$

852,368

 

Elimination of intersegment revenue

 

 

 

 

 

 

 

 

(45,249

)

 

 

(45,249

)

Revenue from external customers

 

 

432,225

 

 

 

273,946

 

 

 

100,948

 

 

 

807,119

 

Gross profit

 

 

61,551

 

 

 

1,338

 

 

 

17,480

 

 

 

80,369

 

Depreciation, depletion and amortization

 

 

9,645

 

 

 

9,318

 

 

 

6,074

 

 

 

25,037

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue from reportable segments

 

$

429,269

 

 

$

254,463

 

 

$

123,242

 

 

$

806,974

 

Elimination of intersegment revenue

 

 

 

 

 

 

 

 

(44,061

)

 

 

(44,061

)

Revenue from external customers

 

 

429,269

 

 

 

254,463

 

 

 

79,181

 

 

 

762,913

 

Gross profit

 

 

60,900

 

 

 

489

 

 

 

13,181

 

 

 

74,570

 

Depreciation, depletion and amortization

 

 

5,441

 

 

 

3,081

 

 

 

5,417

 

 

 

13,939

 

Six Months Ended June 30,

 

 

 

Construction

 

 

Large Project

Construction

 

 

Construction

Materials

 

 

Total

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue from reportable segments

 

$

701,468

 

 

$

522,360

 

 

$

199,519

 

 

$

1,423,347

 

Elimination of intersegment revenue

 

 

 

 

 

 

 

 

(52,849

)

 

 

(52,849

)

Revenue from external customers

 

 

701,468

 

 

 

522,360

 

 

 

146,670

 

 

 

1,370,498

 

Gross profit

 

 

99,947

 

 

 

21,704

 

 

 

15,001

 

 

 

136,652

 

Depreciation, depletion and amortization

 

 

14,699

 

 

 

11,917

 

 

 

11,484

 

 

 

38,100

 

Segment assets

 

 

608,116

 

 

 

335,036

 

 

 

304,121

 

 

 

1,247,273

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue from reportable segments

 

$

656,118

 

 

$

461,496

 

 

$

171,864

 

 

$

1,289,478

 

Elimination of intersegment revenue

 

 

 

 

 

 

 

 

(58,165

)

 

 

(58,165

)

Revenue from external customers

 

 

656,118

 

 

 

461,496

 

 

 

113,699

 

 

 

1,231,313

 

Gross profit

 

 

88,229

 

 

 

3,044

 

 

 

8,423

 

 

 

99,696

 

Depreciation, depletion and amortization

 

 

10,435

 

 

 

4,967

 

 

 

10,615

 

 

 

26,017

 

Segment assets

 

 

142,456

 

 

 

312,891

 

 

 

295,068

 

 

 

750,415

 

 

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

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

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

(in thousands)

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Total gross profit from reportable segments

 

$

80,369

 

 

$

74,570

 

 

$

136,652

 

 

$

99,696

 

Selling, general and administrative expenses

 

 

61,316

 

 

 

51,388

 

 

 

122,568

 

 

 

113,225

 

Acquisition and integration expenses

 

 

26,287

 

 

 

 

 

 

34,696

 

 

 

 

Gain on sales of property and equipment

 

 

(1,505

)

 

 

(807

)

 

 

(2,048

)

 

 

(1,077

)

Total other income

 

 

(2,444

)

 

 

(371

)

 

 

(1,486

)

 

 

(465

)

(Loss) income before provision for (benefit from) income taxes

 

$

(3,285

)

 

$

24,360

 

 

$

(17,078

)

 

$

(11,987

)