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

Note 4 – Segment Information

The Company has two reportable segments: natural gas operations and construction services. Southwest has a single reportable segment that is referred to herein as the natural gas operations segment of the Company. In order to reconcile to net income as disclosed in the Condensed Consolidated Statements of Income, an Other column is included associated with impacts related to corporate and administrative activities related to Southwest Gas Holdings, Inc. The following tables present revenues from external customers, intersegment revenues, and segment net income for the two reportable segments (thousands of dollars):

 

     Natural Gas
Operations
     Construction
Services
     Other      Total  

Three months ended March 31, 2018

           

Revenues from external customers

   $ 494,313      $ 232,859      $ —        $ 727,172  

Intersegment revenues

     —          27,158        —          27,158  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 494,313      $ 260,017      $ —        $ 754,330  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment net income (loss)

   $ 90,349      $ (11,001    $ (257    $ 79,091  
  

 

 

    

 

 

    

 

 

    

 

 

 

Three months ended March 31, 2017

           

Revenues from external customers

   $ 462,602      $ 170,839      $ —        $ 633,441  

Intersegment revenues

     —          21,296        —          21,296  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 462,602      $ 192,135      $ —        $ 654,737  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment net income (loss)

   $ 76,938      $ (7,334    $ (296    $ 69,308  
  

 

 

    

 

 

    

 

 

    

 

 

 
     Natural Gas
Operations
     Construction
Services
     Other      Total  

Twelve months ended March 31, 2018

           

Revenues from external customers

   $ 1,334,019      $ 1,211,345      $ —        $ 2,545,364  

Intersegment revenues

     —          103,021        —          103,021  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 1,334,019      $ 1,314,366      $ —        $ 2,648,385  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment net income (loss)

   $ 170,229      $ 34,693      $ (1,298    $ 203,624  
  

 

 

    

 

 

    

 

 

    

 

 

 

Twelve months ended March 31, 2017

           

Revenues from external customers

   $ 1,258,914      $ 1,027,835      $ —        $ 2,286,749  

Intersegment revenues

     —          97,230        —          97,230  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 1,258,914      $ 1,125,065      $ —        $ 2,383,979  
  

 

 

    

 

 

    

 

 

    

 

 

 

Segment net income (loss)

   $ 118,778      $ 27,421      $ (296    $ 145,903