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Segment Information (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Summarized Financial Information

Summarized financial information for Quanta’s reportable segments is presented in the following table (in thousands):

						Three Months Ended
						March 31,
						2022						2021
Revenues:
Electric Power Infrastructure Solutions						$	2,138,697					$	1,676,046
Renewable Energy Infrastructure Solutions						875,632						384,074
Underground Utility and Infrastructure Solutions						951,196						643,461
Consolidated revenues						$	3,965,525					$	2,703,581
Operating income (loss):
Electric Power Infrastructure Solutions (1)						$	203,419					$	153,739
Renewable Energy Infrastructure Solutions						69,942						45,296
Underground Utility and Infrastructure Solutions						48,175						8,813
Corporate and Non-Allocated Costs (2)						(204,020)						(94,119)
Consolidated operating income						$	117,516					$	113,729
Depreciation:
Electric Power Infrastructure Solutions						$	36,779					$	34,404
Renewable Energy Infrastructure Solutions						8,233						2,241
Underground Utility and Infrastructure Solutions						20,938						21,087
Corporate and Non-Allocated Costs						5,004						4,375
Consolidated depreciation						$	70,954					$	62,107

(1)    Operating income for the Electric Power Infrastructure Solutions segment includes equity in earnings of integral unconsolidated affiliates that are operationally integral to the operations of Quanta, which primarily consists of equity in earnings related to Quanta’s equity interest in LUMA.

(2)    Corporate and Non-Allocated Costs for the three months ended March 31, 2022 and 2021 included amortization expense of $115.8 million and $21.4 million and non-cash stock-based compensation of $22.4 million and $18.7 million.

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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-Name Accounting Standards Codification
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