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Segment Information | 9 Months Ended
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Sep. 30, 2019
Segment Information |
Segment Information | 11. Segment Information MYR Group is a holding company of specialty contractors serving electrical utility infrastructure and commercial construction markets in the United States and western Canada. The Company has two reporting segments, each a separate operating segment, which are referred to as T&D and C&I. Performance measurement and resource allocation for the reporting segments are based on many factors. The primary financial measures used to evaluate the segment information are contract revenues and income from operations, excluding general corporate expenses. General corporate expenses include corporate facility and staffing costs, which include safety costs, professional fees, IT expenses and management fees. The accounting policies of the segments are the same as those described in the Note 1– Organization, Business and Significant Accounting Policies to the 2018 Annual Report. Transmission and Distribution: The T&D segment provides a broad range of services on electric transmission and distribution networks and substation facilities which include design, engineering, procurement, construction, upgrade, maintenance and repair services with a particular focus on construction, maintenance and repair. T&D services include the construction and maintenance of high voltage transmission lines, substations and lower voltage underground and overhead distribution systems. The T&D segment also provides emergency restoration services in response to hurricane, ice or other storm-related damage. T&D customers include investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, independent transmission companies, industrial facility owners and other contractors. Commercial and Industrial: The C&I segment provides services such as the design, installation, maintenance and repair of commercial and industrial wiring, installation of traffic networks and the installation of bridge, roadway and tunnel lighting. Typical C&I contracts cover electrical contracting services for airports, hospitals, data centers, hotels, stadiums, convention centers, renewable energy projects, manufacturing plants, processing facilities, waste-water treatment facilities, mining facilities and transportation control and management systems. The C&I segment generally provides electric construction and maintenance services as a subcontractor to general contractors in the C&I industry, but also contracts directly with facility owners. The C&I segment has a diverse customer base with many long-standing relationships. The information in the following table is derived from the segment’s internal financial reports used for corporate management purposes:
|  | Three months ended |  | Nine months ended
|  | September 30, |  | September 30,
(in thousands) |  | 2019 |  | 2018 |  | 2019 |  | 2018
Contract revenues: |  |  |  |  |  |  |  |  |  |  |  |
T&D |  | $ | 294,940 |  | $ | 222,531 |  | $ | 823,398 |  | $ | 635,842
C&I |  |  | 288,274 |  |  | 177,006 |  |  | 676,686 |  |  | 448,982
|  | $ | 583,214 |  | $ | 399,537 |  | $ | 1,500,084 |  | $ | 1,084,824
Income from operations: |  |  |  |  |  |  |  |  |  |  |  |
T&D |  | $ | 17,726 |  | $ | 13,935 |  | $ | 48,706 |  | $ | 38,494
C&I |  |  | 10,795 |  |  | 10,227 |  |  | 20,365 |  |  | 25,198
General Corporate |  |  | (11,259) |  |  | (10,025) |  |  | (32,773) |  |  | (30,791)
|  | $ | 17,262 |  | $ | 14,137 |  | $ | 36,298 |  | $ | 32,901
For the three and nine months ended September 30, 2019, contract revenues attributable to the Company's Canadian operations were $22.3 million and $55.8 million, respectively, predominantly in the C&I segment. For the three and nine months ended September 30, 2018, contract revenues attributable to the Company’s Canadian operations were $12.8 million and $42.0 million, respectively, predominantly in the C&I segment.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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