XML 38 R24.htm IDEA: XBRL DOCUMENT
v3.20.4

Segment Reporting | 12 Months Ended
--- | ---
Dec. 31, 2020
Segment Reporting [Abstract] |
Segment Reporting | SEGMENT REPORTINGAs described in Note 1, our operations are assessed based on three reportable segments. The operations of our segments are managed separately, and each segment has unique technology, services and customer classes. We account for intersegment sales at prices that we generally establish by reference to similar transactions with unaffiliated customers. Reportable segments are measured based on operating income exclusive of general corporate expenses and gains (losses) on sales of corporate assets. 1. Information about Operations in our Different Industry Segments:
|  | Year Ended December 31,
|  | 2020 |  | 2019 |  | 2018
|  | (In thousands)
REVENUES: |  |
Nuclear Operations Group |  | $ | 1,646,257 |  |  | $ | 1,428,587 |  |  | $ | 1,319,170 |
Nuclear Power Group |  | 371,269 |  |  | 352,640 |  |  | 365,911 |
Nuclear Services Group |  | 136,493 |  |  | 131,339 |  |  | 122,438 |
Eliminations (1) |  | (30,503) |  |  | (17,646) |  |  | (7,630) |
|  | $ | 2,123,516 |  |  | $ | 1,894,920 |  |  | $ | 1,799,889 |
(1)Segment revenues are net of the following intersegment transfers:
Nuclear Operations Group Transfers |  | $ | (3,791) |  |  | $ | (4,382) |  |  | $ | (4,004) |
Nuclear Power Group Transfers |  | (553) |  |  | (208) |  |  | (308) |
Nuclear Services Group Transfers |  | (26,159) |  |  | (13,056) |  |  | (3,318) |
|  | $ | (30,503) |  |  | $ | (17,646) |  |  | $ | (7,630) |
OPERATING INCOME: |  |
Nuclear Operations Group |  | $ | 326,049 |  |  | $ | 298,328 |  |  | $ | 271,405 |
Nuclear Power Group |  | 51,989 |  |  | 53,815 |  |  | 52,270 |
Nuclear Services Group |  | 26,436 |  |  | 14,226 |  |  | 20,374 |
Other |  | (22,309) |  |  | (23,099) |  |  | (18,074) |
|  | $ | 382,165 |  |  | $ | 343,270 |  |  | $ | 325,975 |
Unallocated Corporate (1) |  | (23,613) |  |  | (17,749) |  |  | (20,998) |
Total Operating Income (2) |  | $ | 358,552 |  |  | $ | 325,521 |  |  | $ | 304,977 |
Other Income (Expense) |  | 3,620 |  |  | (11,779) |  |  | (24,832) |
Income before Provision for Income Taxes |  | $ | 362,172 |  |  | $ | 313,742 |  |  | $ | 280,145 |
(1)Unallocated Corporate includes general corporate overhead not allocated to segments. (2)The following amounts are included in Operating Income:
Losses (Gains) on Asset Disposals and Impairments, Net: |  |  |  |  |  |
Nuclear Operations Group |  | $ | (8) |  |  | $ | (6) |  |  | $ | — |
Nuclear Power Group |  | (1,681) |  |  | 103 |  |  | (179) |
Nuclear Services Group |  | 328 |  |  | 2,727 |  |  | — |
Other |  | — |  |  | — |  |  | 467 |
Unallocated Corporate |  | — |  |  | — |  |  | (224) |
|  | $ | (1,361) |  |  | $ | 2,824 |  |  | $ | 64 |
Equity in Income of Investees: |  |  |  |  |  |
Nuclear Operations Group |  | $ | — |  |  | $ | — |  |  | $ | — |
Nuclear Power Group |  | — |  |  | — |  |  | — |
Nuclear Services Group |  | 27,152 |  |  | 28,924 |  |  | 30,343 |
Other |  | — |  |  | — |  |  | — |
|  | $ | 27,152 |  |  | $ | 28,924 |  |  | $ | 30,343 |
|  | Year Ended December 31,
|  | 2020 |  | 2019 |  | 2018
|  | (In thousands)
CAPITAL EXPENDITURES: |  |  |  |  |  |
Nuclear Operations Group |  | $ | 135,637 |  |  | $ | 133,279 |  |  | $ | 93,360 |
Nuclear Power Group |  | 106,596 |  |  | 38,053 |  |  | 4,710 |
Nuclear Services Group |  | 1,326 |  |  | 1,169 |  |  | 974 |
Other |  | 252 |  |  | 2,597 |  |  | 2,780 |
Segment Capital Expenditures |  | 243,811 |  |  | 175,098 |  |  | 101,824 |
Corporate Capital Expenditures |  | 11,216 |  |  | 7,026 |  |  | 7,514 |
Total Capital Expenditures |  | $ | 255,027 |  |  | $ | 182,124 |  |  | $ | 109,338 |
DEPRECIATION AND AMORTIZATION: |  |  |  |  |  |
Nuclear Operations Group |  | $ | 33,174 |  |  | $ | 33,231 |  |  | $ | 32,132 |
Nuclear Power Group |  | 18,325 |  |  | 17,054 |  |  | 17,154 |
Nuclear Services Group |  | 1,685 |  |  | 3,246 |  |  | 3,401 |
Other |  | 645 |  |  | 787 |  |  | — |
Segment Depreciation and Amortization |  | 53,829 |  |  | 54,318 |  |  | 52,687 |
Corporate Depreciation and Amortization |  | 6,845 |  |  | 7,404 |  |  | 7,410 |
Total Depreciation and Amortization |  | $ | 60,674 |  |  | $ | 61,722 |  |  | $ | 60,097 |
|  | December 31,
|  | 2020 |  | 2019 |  | 2018
|  | (In thousands)
SEGMENT ASSETS: |  |  |  |
Nuclear Operations Group |  | $ | 1,184,741 |  |  | $ | 986,827 |  |  | $ | 878,758 |
Nuclear Power Group |  | 828,729 |  |  | 580,413 |  |  | 482,763 |
Nuclear Services Group |  | 166,240 |  |  | 177,952 |  |  | 180,441 |
Other |  | 3,638 |  |  | 3,751 |  |  | 5,557 |
Segment Assets |  | 2,183,348 |  |  | 1,748,943 |  |  | 1,547,519 |
Corporate Assets |  | 110,155 |  |  | 159,970 |  |  | 107,577 |
Total Assets |  | $ | 2,293,503 |  |  | $ | 1,908,913 |  |  | $ | 1,655,096 |
INVESTMENT IN UNCONSOLIDATED AFFILIATES: |  |  |  |  |  |
Nuclear Operations Group |  | $ | — |  |  | $ | — |  |  | $ | — |
Nuclear Power Group |  | — |  |  | — |  |  | — |
Nuclear Services Group |  | 71,806 |  |  | 70,116 |  |  | 63,746 |
Other |  | — |  |  | — |  |  | — |
Total Investment in Unconsolidated Affiliates |  | $ | 71,806 |  |  | $ | 70,116 |  |  | $ | 63,746 |
2. Information about our Product and Service Lines:
|  | Year Ended December 31,
|  | 2020 |  | 2019 |  | 2018
|  | (In thousands)
REVENUES: |  |
Nuclear Operations Group: |  |  |  |  |  |
Government Programs |  | $ | 1,540,256 |  |  | $ | 1,368,555 |  |  | $ | 1,311,886 |
Commercial Operations |  | 106,001 |  |  | 60,032 |  |  | 7,284 |
|  | 1,646,257 |  |  | 1,428,587 |  |  | 1,319,170 |
Nuclear Power Group: |  |  |  |  |  |
Nuclear Manufacturing |  | 250,585 |  |  | 243,472 |  |  | 201,628 |
Nuclear Services and Engineering |  | 120,684 |  |  | 109,168 |  |  | 164,283 |
|  | 371,269 |  |  | 352,640 |  |  | 365,911 |
Nuclear Services Group: |  |  |  |  |  |
Nuclear Environmental Services |  | 94,320 |  |  | 102,726 |  |  | 96,566 |
Nuclear Services and Advanced Reactor Design and Engineering |  | 42,173 |  |  | 28,613 |  |  | 25,872 |
|  | 136,493 |  |  | 131,339 |  |  | 122,438 |
Eliminations |  | (30,503) |  |  | (17,646) |  |  | (7,630) |
|  | $ | 2,123,516 |  |  | $ | 1,894,920 |  |  | $ | 1,799,889 |
3. Information about our Consolidated Operations in Different Geographic Areas:
|  | Year Ended December 31,
|  | 2020 |  | 2019 |  | 2018
|  | (In thousands)
REVENUES (1): |  |  |  |  |  |
U.S. |  | $ | 1,780,409 |  |  | $ | 1,572,085 |  |  | $ | 1,446,791 |
Canada |  | 309,688 |  |  | 287,971 |  |  | 294,913 |
All Other Countries |  | 33,419 |  |  | 34,864 |  |  | 58,185 |
|  | $ | 2,123,516 |  |  | $ | 1,894,920 |  |  | $ | 1,799,889 |
(1)We allocate geographic revenues based on the location of the customers' operations.
|  | December 31,
|  | 2020 |  | 2019 |  | 2018
|  | (In thousands)
NET PROPERTY, PLANT AND EQUIPMENT: |  |  |  |  |  |
U.S. |  | $ | 603,518 |  |  | $ | 494,202 |  |  | $ | 390,632 |
Canada |  | 212,953 |  |  | 86,039 |  |  | 48,607 |
|  | $ | 816,471 |  |  | $ | 580,241 |  |  | $ | 439,239 |
4. Information about our Major Customers: In the years ended December 31, 2020, 2019 and 2018, sales to the U.S. Government accounted for approximately 77%, 77% and 79% of our total consolidated revenues, respectively, all of which were included in our Nuclear Operations Group and Nuclear Services Group segments.

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration