XML 49 R37.htm IDEA: XBRL DOCUMENT v3.25.1

SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Summary of Segment Reporting Information, by Segment

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,
Revenues			2025						2024
E-Infrastructure Solutions			$	218,263					$	184,476
Transportation Solutions			120,661						148,969
Building Solutions			92,025						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 Solutions			15,996						17,674
Building Solutions			17,102						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 Solutions			1,892						(2,148)
Building Solutions			—						—
Total Other Operating Income (Expense), Net			$	1,892					$	(2,148)
Operating Income
E-Infrastructure Solutions			$	46,642					$	27,169
Transportation Solutions			11,253						8,132
Building Solutions			12,352						15,775
Segment Operating Income			70,247						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,
Depreciation						2025						2024
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,
Assets						2025						2024
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

X

- 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
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration