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Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2021

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 and six months ended June 30, 2021 and 2020 were as follows:

						Three months ended June 30, 2021
						T&D												C&I												Total
(dollars in thousands)						Amount						Percent						Amount						Percent						Amount						Percent
Fixed price						$	157,439					48.2		%				$	259,218					80.3		%				$	416,657					64.1		%
Unit price						89,953						27.5						18,483						5.7						108,436						16.7
T&E						73,099						22.4						18,138						5.6						91,237						14.1
Other						6,340						1.9						26,903						8.4						33,243						5.1
						$	326,831					100.0		%				$	322,742					100.0		%				$	649,573					100.0		%

						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		%

The components of the Company’s revenue by contract type for the six months ended June 30, 2021 and 2020 were as follows:

						Six months ended June 30, 2021
						T&D												C&I												Total
(dollars in thousands)						Amount						Percent						Amount						Percent						Amount						Percent
Fixed price						$	309,370					48.2		%				$	486,927					81.1		%				$	796,297					64.1		%
Unit price						175,222						27.3						36,914						6.2						212,136						17.1
T&E						143,377						22.3						32,520						5.4						175,897						14.2
Other						13,770						2.2						43,959						7.3						57,729						4.6
						$	641,739					100.0		%				$	600,320					100.0		%				$	1,242,059					100.0		%

						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		%

The components of the Company’s revenue by market type for the three months ended June 30, 2021 and 2020 were as follows:

						Three months ended June 30, 2021																		Three months ended June 30, 2020
(dollars in thousands)						Amount						Percent						Segment						Amount						Percent						Segment
Transmission						$	210,946					32.5		%				T&D						$	181,189					35.3		%				T&D
Distribution						115,885						17.8						T&D						95,570						18.6						T&D
Electrical construction						322,742						49.7						C&I						236,292						46.1						C&I
Total revenue						$	649,573					100.0		%										$	513,051					100.0		%

The components of the Company’s revenue by market type for the six months ended June 30, 2021 and 2020 were as follows:

						Six months ended June 30, 2021																		Six months ended June 30, 2020
(dollars in thousands)						Amount						Percent						Segment						Amount						Percent						Segment
Transmission						$	422,173					34.0		%				T&D						$	352,755					34.2		%				T&D
Distribution						219,566						17.7						T&D						183,274						17.8						T&D
Electrical construction						600,320						48.3						C&I						495,492						48.0						C&I
Total revenue						$	1,242,059					100.0		%										$	1,031,521					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, 2021 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, 2021
(in thousands)						Total						Amount estimated to not be recognized within 12 months						Total at December 31, 2020
T&D						$	530,018					$	125,748					$	645,422
C&I						916,598						163,142						889,596
Total						$	1,446,616					$	288,890					$	1,535,018

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=123351226&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=123351226&loc=SL49130556-203045

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