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Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2022
Segment Reporting [Abstract] |
Summarized Financial Information | The following table shows dollars in thousands:
|  | Year Ended December 31,
|  | 2022 |  | 2021 |  | 2020
Revenues: |  |  |  |  |  |
Electric Power Infrastructure Solutions |  | $ | 8,940,276 |  |  | $ | 7,624,240 |  |  | $ | 6,468,192 |
Renewable Energy Infrastructure Solutions |  | 3,778,560 |  |  | 1,825,259 |  |  | 1,305,151 |
Underground Utility and Infrastructure Solutions |  | 4,355,067 |  |  | 3,530,714 |  |  | 3,429,329 |
Consolidated revenues |  | $ | 17,073,903 |  |  | $ | 12,980,213 |  |  | $ | 11,202,672 |
Operating income (loss): |  |  |  |  |  |
Electric Power Infrastructure Solutions (1)(2) |  | $ | 958,798 |  |  | $ | 865,409 |  |  | $ | 648,405 |
Renewable Energy Infrastructure Solutions (3) |  | 304,308 |  |  | 181,908 |  |  | 177,920 |
Underground Utility and Infrastructure Solutions |  | 317,543 |  |  | 150,147 |  |  | 170,074 |
Corporate and Non-Allocated Costs (4) |  | (708,591) |  |  | (533,943) |  |  | (385,028) |
Consolidated operating income |  | $ | 872,058 |  |  | $ | 663,521 |  |  | $ | 611,371 |
(1) Includes $74.0 million of operating losses related to Latin American operations for the year ended December 31, 2020. See Legal Proceedings — Peru Project Dispute in Note 16 for additional information on this matter. As of December 31, 2020, Quanta had substantially completed the exit of its operations in Latin America. (2) Includes equity in earnings of integral unconsolidated affiliates of $52.5 million, $44.1 million and $11.3 million for the years ended December 31, 2022, 2021 and 2020, primarily related to Quanta’s equity interest in LUMA. (3) Additionally, Quanta recorded $11.7 million of asset impairment charges related to a software implementation project at an acquired company, which commenced prior to Quanta’s acquisition and was discontinued in the fourth quarter of 2022. The fair value of this software was zero at December 31, 2022. (4) Includes amortization expense of $354.0 million, $165.4 million and $76.7 million and non-cash stock-based compensation of $105.6 million, $88.3 million and $91.6 million for the years ended December 31, 2022, 2021 and 2020. The following table shows dollars in thousands:
|  | Year Ended December 31,
|  | 2022 |  | 2021 |  | 2020
Depreciation: |  |  |  |  |  |
Electric Power Infrastructure Solutions |  | $ | 149,151 |  |  | $ | 141,093 |  |  | $ | 112,663 |
Renewable Energy Infrastructure Solutions |  | 40,535 |  |  | 14,020 |  |  | 9,185 |
Underground Utility and Infrastructure Solutions |  | 83,117 |  |  | 83,720 |  |  | 85,981 |
Corporate and Non-Allocated Costs |  | 17,844 |  |  | 16,696 |  |  | 17,427 |
Consolidated depreciation |  | $ | 290,647 |  |  | $ | 255,529 |  |  | $ | 225,256 |

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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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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