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v3.23.1

Segments and Related Information (Tables) | 3 Months Ended
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Mar. 31, 2023
Segment Reporting [Abstract] |
Schedule of Financial Information by Reportable Segment |
| For the Three Months Ended March 31, |  |
Revenue: | 2023 |  | 2022 |  |  |  |
Communications (a) | $ | 806.6 |  |  | $ | 664.2 |  |  |  |  |
Clean Energy and Infrastructure | 824.9 |  |  | 435.9 |  |  |  |  |
Oil and Gas | 256.5 |  |  | 211.0 |  |  |  |  |
Power Delivery | 709.4 |  |  | 650.5 |  |  |  |  |
Other | — |  |  | — |  |  |  |  |
Eliminations | (12.7) |  |  | (7.2) |  |  |  |  |
Consolidated revenue | $ | 2,584.7 |  |  | $ | 1,954.4 |  |  |  |  |
(a) Revenue generated primarily by utilities customers represented 23.7% and 25.6% of Communications segment revenue for the three month periods ended March 31, 2023 and 2022, respectively.
| For the Three Months Ended March 31, |  |
EBITDA: | 2023 |  | 2022 |  |  |  |
Communications | $ | 52.8 |  |  | $ | 40.3 |  |  |  |  |
Clean Energy and Infrastructure | 5.3 |  |  | 10.9 |  |  |  |  |
Oil and Gas | 14.5 |  |  | 21.5 |  |  |  |  |
Power Delivery | 47.4 |  |  | 46.1 |  |  |  |  |
Other | 7.1 |  |  | 6.9 |  |  |  |  |
Segment EBITDA | $ | 127.1 |  |  | $ | 125.7 |  |  |  |  |
| For the Three Months Ended March 31, |  |
Depreciation and Amortization: | 2023 |  | 2022 |  |  |  |
Communications | $ | 34.6 |  |  | $ | 29.0 |  |  |  |  |
Clean Energy and Infrastructure | 38.4 |  |  | 11.4 |  |  |  |  |
Oil and Gas | 34.3 |  |  | 31.6 |  |  |  |  |
Power Delivery | 39.3 |  |  | 35.7 |  |  |  |  |
Other | 0.0 |  |  | 0.0 |  |  |  |  |
Corporate | 2.6 |  |  | 3.1 |  |  |  |  |
Consolidated depreciation and amortization | $ | 149.2 |  |  | $ | 110.8 |  |  |  |  |
Assets: | March 31, 2023 |  | December 31, 2022
Communications | $ | 2,504.6 |  |  | $ | 2,378.6 |
Clean Energy and Infrastructure | 2,665.2 |  |  | 2,979.9 |
Oil and Gas | 1,567.0 |  |  | 1,544.2 |
Power Delivery | 1,901.2 |  |  | 1,967.9 |
Other | 295.4 |  |  | 297.3 |
Corporate | 121.9 |  |  | 125.4 |
Consolidated assets | $ | 9,055.3 |  |  | $ | 9,293.3 |
Reconciliation of Consolidated Income before Income Taxes to EBITDA |
| For the Three Months Ended March 31, |  |
EBITDA Reconciliation: | 2023 |  | 2022 |  |  |  |
Loss before income taxes | $ | (125.3) |  |  | $ | (48.1) |  |  |  |  |
Plus: |  |  |  |  |  |  |
Interest expense, net | 52.7 |  |  | 16.0 |  |  |  |  |
Depreciation | 107.2 |  |  | 85.2 |  |  |  |  |
Amortization | 41.9 |  |  | 25.6 |  |  |  |  |
Corporate EBITDA | 50.5 |  |  | 47.0 |  |  |  |  |
Segment EBITDA | $ | 127.1 |  |  | $ | 125.7 |  |  |  |  |

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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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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