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SEGMENT INFORMATION
 3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
SEGMENT INFORMATION
16.SEGMENT INFORMATION
The Company’s internal and public segment reporting are aligned based upon the services offered by its operating segments. The Company’s operations consist of three reportable segments: E-Infrastructure Solutions, Transportation Solutions and Building Solutions. The segment information for the prior periods presented has been recast to conform to the current presentation. The Company’s CODM, which is the Company’s Chief Executive Officer, uses both segment gross profit and income from operations for each segment predominantly in the annual budget and forecasting process. The CODM considers budget-to-actual variances of both profit measures when making decisions about allocating capital and personnel to the segments. We incur certain expenses at the corporate level that relate to our business as a whole. A portion of these expenses are allocated to our business segments by various methods, but primarily on the basis of usage. The balance of the corporate level expenses are reported in the “Corporate G&A Expense” line, which is primarily comprised of corporate headquarters facility expense, the cost of the executive management team, and other expenses pertaining to certain centralized functions that benefit the entire Company but are not directly attributable to any specific business segment, such as corporate human resources, legal, governance, compliance and finance functions. Total assets held at Corporate primarily include cash and prepaid assets.
The following table presents segment revenues, significant segment expenses, and measures of segment profit or loss for the three months ended March 31, 2025 and 2024:
Three Months Ended March 31,
Revenues20252024
E-Infrastructure Solutions$218,263 $184,476 
Transportation Solutions120,661 148,969 
Building Solutions92,025 106,915 
Total Revenues$430,949 $440,360 
Cost of Revenues
E-Infrastructure Solutions$(156,521)$(145,081)
Transportation Solutions(104,665)(131,295)
Building Solutions(74,923)(87,080)
Total Cost of Revenues$(336,109)$(363,456)
Gross Profit
E-Infrastructure Solutions$61,742 $39,395 
Transportation Solutions15,996 17,674 
Building Solutions17,102 19,835 
Total Gross Profit$94,840 $76,904 
General and Administrative Expense
E-Infrastructure Solutions$(12,133)$(9,253)
Transportation Solutions(6,635)(7,394)
Building Solutions(3,214)(2,736)
Segment General and Administrative Expense(21,982)(19,383)
Corporate(12,649)(7,915)
Total General and Administrative Expense$(34,631)$(27,298)
Intangible Amortization
E-Infrastructure Solutions$(2,967)$(2,973)
Transportation Solutions— — 
Building Solutions(1,536)(1,324)
Total Intangible Amortization$(4,503)$(4,297)
Other Operating Income (Expense), Net
E-Infrastructure Solutions$— $— 
Transportation Solutions1,892 (2,148)
Building Solutions— — 
Total Other Operating Income (Expense), Net$1,892 $(2,148)
Operating Income
E-Infrastructure Solutions$46,642 $27,169 
Transportation Solutions11,253 8,132 
Building Solutions12,352 15,775 
Segment Operating Income70,247 51,076 
Corporate G&A Expense
(12,649)(7,915)
Acquisition Related Costs(179)(36)
Earn-out Expense(1,343)(1,000)
Total Operating Income$56,076 $42,125 
The following table presents depreciation by reportable segment:
Three Months Ended March 31,
Depreciation20252024
E-Infrastructure Solutions$(9,760)$(8,154)
Transportation Solutions(2,065)(3,372)
Building Solutions(346)(258)
Corporate(317)(177)
Total Depreciation$(12,488)$(11,961)
The following table presents assets by reportable segment:
March 31,December 31,
Assets20252024
E-Infrastructure Solutions
$974,040 $958,107 
Transportation Solutions
220,166 178,143 
Building Solutions
261,210 238,776 
Corporate
579,123 641,748 
Total Assets$2,034,539 $2,016,774