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Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2020

Revenue Recognition

Schedule of revenue by contract and market type

The components of the Company’s revenue by contract type for the three and six months ended June 30, 2020 and 2019 were as follows:


		Three months ended June 30, 2020
		T&D					C&I					Total
(dollars in thousands)		Amount			Percent		Amount			Percent		Amount			Percent
Fixed price		$	126,350		45.7	%	$	187,662		79.4	%	$	314,012		61.2	%
Unit price			84,629		30.6			19,047		8.1			103,676		20.2
T&E			61,632		22.3			21,752		9.2			83,384		16.3
Other			4,148		1.4			7,831		3.3			11,979		2.3
		$	276,759		100.0	%	$	236,292		100.0	%	$	513,051		100.0	%


		Three months ended June 30, 2019
		T&D					C&I					Total
(dollars 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	%

The components of the Company’s revenue by contract type for the six months ended June 30, 2020 and 2019 were as follows:


		Six months ended June 30, 2020
		T&D					C&I					Total
(dollars in thousands)			Amount		Percent			Amount		Percent			Amount		Percent
Fixed price		$	247,352		46.1	%	$	406,201		82.0	%	$	653,553		63.4	%
Unit price			147,939		27.6			37,123		7.5			185,062		17.9
T&E			129,683		24.2			37,554		7.6			167,237		16.2
Other			11,055		2.1			14,614		2.9			25,669		2.5
		$	536,029		100.0	%	$	495,492		100.0	%	$	1,031,521		100.0	%


		Six months ended June 30, 2019
		T&D					C&I					Total
(dollars 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	%

The components of the Company’s revenue by market type for the three months ended June 30, 2020 and 2019 were as follows:


		Three months ended June 30, 2020							Three months ended June 30, 2019
(dollars in thousands)		Amount			Percent		Segment		Amount			Percent		Segment
Transmission		$	181,189		35.3	%	T&D		$	169,466		37.8	%	T&D
Distribution			95,570		18.6		T&D			86,444		19.2		T&D
Electrical construction			236,292		46.1		C&I			192,866		43.0		C&I
Total revenue		$	513,051		100.0	%			$	448,776		100.0	%

The components of the Company’s revenue by market type for the six months ended June 30, 2020 and 2019 were as follows:



		Six months ended June 30, 2020							Six months ended June 30, 2019
(dollars in thousands)		Amount			Percent		Segment		Amount			Percent		Segment
Transmission		$	352,755		34.2	%	T&D		$	357,231		39.0	%	T&D
Distribution			183,274		17.8		T&D			171,227		18.6		T&D
Electrical construction			495,492		48.0		C&I			388,412		42.4		C&I
Total revenue		$	1,031,521		100.0	%			$	916,870		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 June 30, 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 June 30, 2020
					Amount estimated to not be			Total at
(in thousands)		Total			recognized within 12 months			December 31, 2019

T&D		$	421,472		$	40,418		$	381,850
C&I			1,025,097			191,528			1,027,193
Total		$	1,446,569		$	231,946		$	1,409,043