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Revenue from Customers
12 Months Ended
Dec. 31, 2021
Revenue from Contract with Customer [Abstract]  
Revenue from Customers
4.REVENUE FROM CUSTOMERS
BacklogThe following table presents the Company’s backlog, by segment:
 December 31,
 20212020
Transportation Solutions Backlog
$963,267 $898,183 
E-Infrastructure Solutions Backlog
432,613 192,049 
Building Solutions Backlog - Commercial
97,235 85,156 
Total Backlog$1,493,115 $1,175,388 
The Company expects to recognize approximately 63% of its backlog as revenue during the next twelve months, and the balance thereafter.
Revenue DisaggregationThe following tables present the Company’s revenue disaggregated by major end market and contract type:
Years Ended December 31,
Revenues by major end market202120202019
Heavy Highway$572,902 $526,561 $483,175 
Aviation119,327 109,894 141,371 
Water Containment and Treatment58,100 69,922 65,795 
Other45,253 47,447 69,984 
Transportation Solutions Revenues
795,582 753,824 760,325 
E-Infrastructure Solutions Revenues
468,784 397,253 84,637 
Residential209,201 164,694 153,129 
Commercial108,199 111,641 128,187 
Building Solutions Revenues
317,400 276,335 281,316 
Total Revenues$1,581,766 $1,427,412 $1,126,278 
Revenues by contract type
Fixed-Unit Price$871,832 $843,401 $708,638 
Lump Sum494,590 389,045 262,237 
Residential and Other215,344 194,966 155,403 
Total Revenues$1,581,766 $1,427,412 $1,126,278 
Each of these contract types presents advantages and disadvantages. Typically, the Company assumes more risk with lump-sum contracts; however, these types of contracts offer additional profits if the work is completed for less than originally estimated. Under fixed-unit price contracts, the Company’s profit may vary if actual labor-hour costs vary significantly from the negotiated rates. Also, because some contracts can provide little or no fee for managing material costs, the components of contract cost can impact profitability.
Variable Consideration
The Company has projects that it is in the process of negotiating, or awaiting final approval of, unapproved change orders and claims with its customers. The Company is proceeding with its contractual rights to recoup additional costs incurred from its customers based on completing work associated with change orders, including change orders with pending change order pricing, or claims related to significant changes in scope which resulted in substantial delays and additional costs in completing the work. Unapproved change order and claim information has been provided to the Company’s customers and negotiations with the customers are ongoing. If additional progress with an acceptable resolution is not reached, legal action will be taken. Based upon the Company’s review of the provisions of its contracts, specific costs incurred and other related evidence supporting the unapproved change orders and claims, together in some cases as necessary with the views of the Company’s outside claim consultants, the Company concluded it was appropriate to include in project price amounts of $13,905 and $7,142, at December 31, 2021 and 2020, respectively, relating to unapproved change orders and claims. Provisions for estimated losses on uncompleted contracts are made in the period in which such losses are determined.
Contract Estimates
Accounting for long-term contracts and programs involves the use of various techniques to estimate total contract revenue and costs. For long-term contracts, the Company estimates the profit on a contract as the difference between the total estimated revenue and expected costs to complete a contract and recognizes such profit over the life of the contract. Contract estimates are based on various assumptions to project the outcome of future events that often span several years. These assumptions include labor productivity and availability, the complexity of the work to be performed, the cost and availability of materials and the performance of subcontractors. Changes in job performance, job conditions and estimated profitability, including those changes arising from contract penalty provisions and final contract settlements may result in revisions to costs and income and are recognized in the period in which the revisions are determined. Changes in contract estimates resulted in a net increase of $14,435 for the year ended December 31, 2021, a net increase of $7,439 for the year ended December 31, 2020 and a net decrease of $9,044 for the year ended December 31, 2019, included in “Operating income” on the Consolidated Statements of Operations.