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SEGMENT INFORMATION
 6 Months Ended
Jun. 30, 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 and six months ended June 30, 2025 and 2024:
Three Months Ended June 30,Six Months Ended June 30,
Revenues2025202420252024
E-Infrastructure Solutions$310,406 $241,312 $528,669 $425,788 
Transportation Solutions196,797 232,775 317,458 381,744 
Building Solutions107,265 108,735 199,290 215,650 
Total Revenues$614,468 $582,822 $1,045,417 $1,023,182 
Cost of Revenues
E-Infrastructure Solutions$(211,181)$(176,898)$(367,702)$(321,979)
Transportation Solutions(167,334)(203,315)(271,999)(334,610)
Building Solutions(92,813)(89,866)(167,736)(176,946)
Total Cost of Revenues$(471,328)$(470,079)$(807,437)$(833,535)
Gross Profit
E-Infrastructure Solutions$99,225 $64,414 $160,967 $103,809 
Transportation Solutions29,463 29,460 45,459 47,134 
Building Solutions14,452 18,869 31,554 38,704 
Total Gross Profit$143,140 $112,743 $237,980 $189,647 
General and Administrative Expense
E-Infrastructure Solutions$(12,491)$(9,763)$(24,624)$(19,016)
Transportation Solutions(7,273)(7,239)(13,908)(14,633)
Building Solutions(3,028)(2,750)(6,242)(5,486)
Segment General and Administrative Expense(22,792)(19,752)(44,774)(39,135)
Corporate(11,195)(8,104)(23,844)(16,019)
Total General and Administrative Expense$(33,987)$(27,856)$(68,618)$(55,154)
Intangible Amortization
E-Infrastructure Solutions$(2,967)$(2,973)$(5,934)$(5,946)
Transportation Solutions— — — — 
Building Solutions(1,569)(1,307)(3,105)(2,631)
Total Intangible Amortization$(4,536)$(4,280)$(9,039)$(8,577)
Other Operating Income (Expense), Net
E-Infrastructure Solutions$— $— $— $— 
Transportation Solutions3,785 (6,772)5,677 (8,920)
Building Solutions— — — — 
Total Other Operating Income (Expense), Net$3,785 $(6,772)$5,677 $(8,920)
Operating Income
E-Infrastructure Solutions$83,767 $51,677 $130,409 $78,846 
Transportation Solutions25,975 15,449 37,228 23,581 
Building Solutions9,855 14,813 22,207 30,588 
Segment Operating Income119,597 81,939 189,844 133,015 
Corporate G&A Expense
(11,195)(8,104)(23,844)(16,019)
Acquisition Related Costs(2,495)(101)(2,674)(137)
Earn-out Expense(1,343)(1,000)(2,686)(2,000)
Total Operating Income$104,564 $72,734 $160,640 $114,859 
The following table presents depreciation by reportable segment:
Three Months Ended June 30,Six Months Ended June 30,
Depreciation2025202420252024
E-Infrastructure Solutions$(10,011)$(8,504)$(19,771)$(16,658)
Transportation Solutions(2,361)(3,669)(4,426)(7,041)
Building Solutions(389)(240)(735)(498)
Corporate(325)(232)(642)(409)
Total Depreciation$(13,086)$(12,645)$(25,574)$(24,606)
The following table presents assets by reportable segment:
June 30,December 31,
Assets20252024
E-Infrastructure Solutions
$1,013,882 $958,107 
Transportation Solutions
291,556 178,143 
Building Solutions
263,481 238,776 
Corporate
591,971 641,748 
Total Assets$2,160,890 $2,016,774