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Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2020

Revenue Recognition

Schedule of revenue by contract and market type

The components of the Company’s revenue by contract type for the three months ended March 31, 2020 and 2019 were as follows:

		Three months ended March 31, 2020
		T&D					C&I					Total
( dollars in thousands)		Amount			Percent		Amount			Percent		Amount			Percent
Fixed price		$	121,002		46.7	%	$	218,539		84.3	%	$	339,541		65.5	%
Unit price			63,310		24.4			18,076		7.0			81,386		15.7
T&E			68,051		26.2			15,802		6.1			83,853		16.2
Other			6,907		2.7			6,783		2.6			13,690		2.6
		$	259,270		100.0	%	$	259,200		100.0	%	$	518,470		100.0	%

		Three months ended March 31, 2019
		T&D					C&I					Total
(dollars in thousands)		Amount			Percent		Amount			Percent		Amount			Percent
Fixed price		$	133,324		48.9	%	$	133,711		68.4	%	$	267,035		57.0	%
Unit price			51,194		18.8			9,988		5.1			61,182		13.1
T&E			76,308		28.0			12,531		6.4			88,839		19.0
Other			11,722		4.3			39,316		20.1			51,038		10.9
		$	272,548		100.0	%	$	195,546		100.0	%	$	468,094		100.0	%

The components of the Company’s revenue by market type for the three months ended March 31, 2020 and 2019 were as follows:

		Three months ended March 31, 2020							Three months ended March 31, 2019
(dollars in thousands)		Amount			Percent		Segment		Amount			Percent		Segment
Transmission		$	171,566		33.1	%	T&D		$	187,765		40.1	%	T&D
Distribution			87,704		16.9		T&D			84,783		18.1		T&D
Electrical construction			259,200		50.0		C&I			195,546		41.8		C&I
Total revenue		$	518,470		100.0	%			$	468,094		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 as of March 31, 2020 that the Company expects to be realized 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 March 31, 2020
					Amount estimated to not be			Total at
(in thousands)		Total			recognized within 12 months			December 31, 2019
T&D		$	349,609		$	40,711		$	381,850
C&I			1,078,034			329,964			1,027,193
Total		$	1,427,643		$	370,675		$	1,409,043

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130545-203045

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- References

No definition available.

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X

- Definition

Tabular disclosure of expected timing for satisfying remaining performance obligation.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)(1)
-URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130556-203045

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