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Revenue Recognition (Tables)
6 Months Ended
Jun. 30, 2019
Revenue from Contract with Customer [Abstract]  
Schedule of revenue by contract and market type
The components of the Company’s revenue by contract type for the three months ended June 30, 2019 and 2018 were as follows:
 
 
 
Three months ended June 30,  2019
 
 
 
T&D
 
 
C&I
 
 
Total
 
(in thousands)
 
Amount
 
 
Percent
 
 
Amount
 
 
Percent
 
 
Amount
 
 
Percent
 
Fixed price
 
$
119,572
 
 
 
46.7
%
 
$
115,117
 
 
 
59.7
%
 
$
234,689
 
 
 
52.3
%
Unit price
 
 
52,162
 
 
 
20.4
 
 
 
12,855
 
 
 
6.7
 
 
 
65,017
 
 
 
14.5
 
T&E
 
 
76,841
 
 
 
30.0
 
 
 
37,193
 
 
 
19.3
 
 
 
114,034
 
 
 
25.4
 
Other
 
 
7,335
 
 
 
2.9
 
 
 
27,701
 
 
 
14.3
 
 
 
35,036
 
 
 
7.8
 
 
 
$
255,910
 
 
 
100.0
%
 
$
192,866
 
 
 
100.0
%
 
$
448,776
 
 
 
100.0
%
 
 
 
Three months ended June 30, 2018
 
 
 
T&D
 
 
C&I
 
 
Total
 
(in thousands)
 
Amount
 
 
Percent
 
 
Amount
 
 
Percent
 
 
Amount
 
 
Percent
 
Fixed price
 
$
77,230
 
 
 
39.2
%
 
$
90,439
 
 
 
63.4
%
 
$
167,669
 
 
 
49.4
%
Unit price
 
 
41,631
 
 
 
21.1
 
 
 
15,408
 
 
 
10.8
 
 
 
57,039
 
 
 
16.8
 
T&E
 
 
68,073
 
 
 
34.6
 
 
 
8,942
 
 
 
6.3
 
 
 
77,015
 
 
 
22.7
 
Other
 
 
9,991
 
 
 
5.1
 
 
 
27,962
 
 
 
19.5
 
 
 
37,953
 
 
 
11.1
 
 
 
$
196,925
 
 
 
100.0
%
 
$
142,751
 
 
 
100.0
%
 
$
339,676
 
 
 
100.0
%
 
The components of the Company’s revenue by contract type for the six months ended June 30, 2019 and 2018 were as follows:
 
 
 
 
Six months ended June 30,  2019
 
 
 
 
 T&D
 
 
 
 C&I
 
 
 
Total
 
(in thousands)
 
 
 Amount
 
 
 
 Percent
 
 
 
 Amount
 
 
 
 Percent
 
 
 
 Amount
 
 
 Percent
 
Fixed price
 
$
252,896
 
 
 
47.9
%
 
$
248,828
 
 
 
64.1
%
 
$
501,724
 
 
 
54.7
%
Unit price
 
 
103,356
 
 
 
19.6
 
 
 
22,843
 
 
 
5.9
 
 
 
126,199
 
 
 
13.8
 
T&E
 
 
153,149
 
 
 
29.0
 
 
 
49,724
 
 
 
12.8
 
 
 
202,873
 
 
 
22.1
 
Other
 
 
19,057
 
 
 
3.5
 
 
 
67,017
 
 
 
17.2
 
 
 
86,074
 
 
 
9.4
 
 
 
$
528,458
 
 
 
100.0
%
 
$
388,412
 
 
 
100.0
%
 
$
916,870
 
 
 
100.0
%
 
 
 
Six months ended June 30, 2018
 
 
 
T&D
 
 
C&I
 
 
Total
 
(in thousands)
 
Amount
 
 
Percent
 
 
Amount
 
 
Percent
 
 
Amount
 
 
Percent
 
Fixed price
 
$
156,665
 
 
 
37.9
%
 
$
179,594
 
 
 
66.0
%
 
$
336,259
 
 
 
49.1
%
Unit price
 
 
87,307
 
 
 
21.1
 
 
 
25,058
 
 
 
9.2
 
 
 
112,365
 
 
 
16.4
 
T&E
 
 
148,418
 
 
 
35.9
 
 
 
18,399
 
 
 
6.8
 
 
 
166,817
 
 
 
24.3
 
Other
 
 
20,921
 
 
 
5.1
 
 
 
48,925
 
 
 
18.0
 
 
 
69,846
 
 
 
10.2
 
 
 
$
413,311
 
 
 
100.0
%
 
$
271,976
 
 
 
100.0
%
 
$
685,287
 
 
 
100.0
%
 
The components of the Company’s revenue by market type for the three months ended June 30, 2019 and 2018 were as follows:
 
 
 
Three months ended June 30,  2019
 
Three months ended June 30, 2018
(in thousands)
 
Amount
 
 
Percent
 
 
Segment
 
Amount
 
 
Percent
 
 
Segment
Transmission
 
$
169,466
 
 
 
37.8
%
 
T&D
 
$
121,708
 
 
 
35.8
%
 
T&D
Distribution
 
 
86,444
 
 
 
19.2
 
 
T&D
 
 
75,217
 
 
 
22.2
 
 
T&D
Electrical construction
 
 
192,866
 
 
 
43.0
 
 
C&I
 
 
142,751
 
 
 
42.0
 
 
C&I
Total revenue
 
$
448,776
 
 
 
100.0
%
 
 
 
$
339,676
 
 
 
100.0
%
 
 
 
The components of the Company’s revenue by market type for the six months ended June 30, 2019 and 2018 were as follows:
 
 
 
Six months ended June 30,  2019
 
Six months ended June 30, 2018
(in thousands)
 
Amount
 
 
Percent
 
 
Segment
 
Amount
 
 
Percent
 
 
Segment
Transmission
 
$
357,231
 
 
 
39.0
%
 
T&D
 
$
256,161
 
 
 
37.4
%
 
T&D
Distribution
 
 
171,227
 
 
 
18.6
 
 
T&D
 
 
157,150
 
 
 
22.9
 
 
T&D
Electrical construction
 
 
388,412
 
 
 
42.4
 
 
C&I
 
 
271,976
 
 
 
39.7
 
 
C&I
Total revenue
 
$
916,870
 
 
 
100.0
%
 
 
 
$
685,287
 
 
 
100.0
%
 
 
Schedule of amount of the remaining performance obligations that the company reasonably estimates will not be recognized within the next twelve months
The following table summarizes the amount of remaining performance obligations that the Company expects to be realized as of June 30, 2019 and the amount of the remaining performance obligations that the Company reasonably estimates will not be recognized within the next twelve months.
 
 
 
Remaining Performance Obligations at June 30, 2019
 
 
 
 
(In thousands)
 
Total
 
Amount estimated to not be

recognized within 12 months
 
 
Total at

December 31, 2018
 
 
 
 
 
 
 
 
 
 
T&D
 
$
389,579
 
$
19,141
 
 
$
418,178
 
C&I
 
 
673,336
 
 
154,287
 
 
 
644,547
 
Total
 
$
1,062,915
 
$
173,428
 
 
$
1,062,725