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Reportable Operating Segments
 6 Months Ended
Jun. 30, 2014
Reportable Operating Segments  
Reportable Operating Segments

Note 20—Reportable Operating Segments

 

The Company segregates its business into three operating segments: the East Construction Services (“East”) segment, the West Construction Services (“West”) segment and the Engineering segment.

 

The East segment includes the JCG and PES construction business, located primarily in the southeastern United States and in the Gulf Coast region of the United States.  The operations of Cardinal Contractors, Inc. and BW Primoris are included in this segment.

 

The West segment includes the construction services performed by ARB, ARB Structures, Inc., Rockford, Alaska Continental Pipeline, Inc., Q3C, Primoris Renewables, LLC, Juniper Rock Corporation, Stellaris, LLC and Vadnais, acquired in June 2014.  Most of the entities perform work primarily in California; however, Rockford operates throughout the United States and Q3C operates in the upper Midwest United States.  The Blythe joint venture is also included as a part of the segment.

 

The Engineering segment includes the results of OnQuest, Inc. and OnQuest Canada, ULC.

 

All intersegment revenues and gross profit, which were immaterial, have been eliminated in the following tables.

 

Segment Revenues

 

Revenue by segment for the three months ended June 30, 2014 and 2013 were as follows:

 

 

 

For the three months ended June 30,

 

 

 

2014

 

2013

 

Segment

 

Revenue

 

% of
Segment
Revenue

 

Revenue

 

% of
Segment
Revenue

 

 

 

 

 

 

 

 

 

 

 

East

 

$

278,066

 

54.0

%

$

175,398

 

39.4

%

West

 

224,391

 

43.5

%

258,194

 

58.0

%

Engineering

 

12,834

 

2.5

%

11,421

 

2.6

%

Total

 

$

515,291

 

100.0

%

$

445,013

 

100.0

%

 

Revenue by segment for the six months ended June 30, 2014 and 2013 were as follows

 

 

 

For the six months ended June 30,

 

 

 

2014

 

2013

 

Segment

 

Revenue

 

% of
Segment
Revenue

 

Revenue

 

% of
Segment
Revenue

 

 

 

 

 

 

 

 

 

 

 

East

 

$

501,138

 

50.9

%

$

365,609

 

42.8

%

West

 

458,417

 

46.5

%

465,880

 

54.4

%

Engineering

 

25,810

 

2.6

%

23,519

 

2.8

%

Total

 

$

985,365

 

100.0

%

$

855,008

 

100.0

%

 

Segment Gross Profit

 

Gross profit by segment for the three months ended June 30, 2014 and 2013 were as follows:

 

 

 

For the three months ended June 30,

 

 

 

2014

 

2013

 

Segment

 

Gross
Profit

 

% of
Segment
Revenue

 

Gross
Profit

 

% of
Segment
Revenue

 

 

 

 

 

 

 

 

 

 

 

East

 

$

21,309

 

7.7

%

$

15,215

 

8.7

%

West

 

37,809

 

16.9

%

41,926

 

16.2

%

Engineering

 

2,076

 

16.2

%

2,396

 

21.0

%

Total

 

$

61,194

 

11.9

%

$

59,537

 

13.4

%

 

Gross profit by segment for the six months ended June 30, 2014 and 2013 were as follows:

 

 

 

For the six months ended June 30,

 

 

 

2014

 

2013

 

Segment

 

Gross
Profit

 

% of
Segment
Revenue

 

Gross
Profit

 

% of
Segment
Revenue

 

 

 

 

 

 

 

 

 

 

 

East

 

$

37,325

 

7.5

%

$

30,210

 

8.3

%

West

 

69,483

 

15.2

%

70,675

 

15.2

%

Engineering

 

4,143

 

16.1

%

4,748

 

20.2

%

Total

 

$

110,951

 

11.3

%

$

105,633

 

12.4

%

 

Segment Goodwill

 

The following presents the amount of goodwill recorded by segment at June 30, 2014 and at December 31, 2013.

 

Segment

 

June 30,
2014

 

December 31,
2013

 

 

 

 

 

 

 

East

 

$

70,946

 

$

70,946

 

West

 

45,239

 

45,239

 

Engineering

 

2,441

 

2,441

 

Total

 

$

118,626

 

$

118,626

 

 

Geographic Region — Revenues and Total Assets

 

Revenue for the six months ended June 30, 2014 and 2013, and total assets by geographic area at June 30, 2014 and December 31, 2013, were as follows:

 

 

 

External Revenues

 

 

 

 

 

 

 

For the six months ended June 30,

 

 

 

 

 

 

 

2014

 

2013

 

Total Assets

 

Country:

 

Revenue

 

% of
Revenue

 

Revenue

 

% of
Revenue

 

June 30,
2014

 

December 31,
2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

974,735

 

98.9

%

$

845,461

 

98.9

%

$

1,043,406

 

$

1,039,322

 

Non-United States

 

10,630

 

1.1

 

9,547

 

1.1

 

11,600

 

11,371

 

Total

 

$

985,365

 

100.0

%

$

855,008

 

100.0

%

$

1,055,006

 

$

1,050,693

 

 

All non-United States revenue was generated in the Engineering segment.  For the table above, revenues generated by OnQuest Canada, ULC, were used to determine non-United States revenues.