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Revenue Recognition (Tables)

9 Months Ended

Sep. 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 nine months ended September 30, 2021 and 2020 were as follows:

						Three months ended September 30, 2021
						T&D												C&I												Total
(dollars in thousands)						Amount						Percent						Amount						Percent						Amount						Percent
Fixed price						$	122,185					39.9		%				$	246,803					81.3		%				$	368,988					60.5		%
Unit price						83,200						27.1						21,567						7.1						104,767						17.2
T&E						101,161						33.0						35,266						11.6						136,427						22.3
						$	306,546					100.0		%				$	303,636					100.0		%				$	610,182					100.0		%

						Three months ended September 30, 2020
						T&D												C&I												Total
(dollars in thousands)						Amount						Percent						Amount						Percent						Amount						Percent
Fixed price						$	126,588					42.2		%				$	248,577					80.7		%				$	375,165					61.7		%
Unit price						88,708						29.6						22,587						7.3						111,295						18.3
T&E						84,443						28.2						36,998						12.0						121,441						20.0
						$	299,739					100.0		%				$	308,162					100.0		%				$	607,901					100.0		%

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

						Nine months ended September 30, 2021
						T&D												C&I												Total
(dollars in thousands)						Amount						Percent						Amount						Percent						Amount						Percent
Fixed price						$	431,673					45.5		%				$	733,686					81.2		%				$	1,165,359					62.9		%
Unit price						258,489						27.3						58,477						6.5						316,966						17.1
T&E						258,123						27.2						111,793						12.3						369,916						20.0
						$	948,285					100.0		%				$	903,956					100.0		%				$	1,852,241					100.0		%

						Nine months ended September 30, 2020
						T&D												C&I												Total
(dollars in thousands)						Amount						Percent						Amount						Percent						Amount						Percent
Fixed price						$	374,065					44.8		%				$	654,815					81.5		%				$	1,028,880					62.8		%
Unit price						236,720						28.3						59,713						7.4						296,433						18.1
T&E						224,983						26.9						89,126						11.1						314,109						19.1
						$	835,768					100.0		%				$	803,654					100.0		%				$	1,639,422					100.0		%

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

						Three months ended September 30, 2021																		Three months ended September 30, 2020
(dollars in thousands)						Amount						Percent						Segment						Amount						Percent						Segment
Transmission						$	165,953					27.2		%				T&D						$	185,007					30.4		%				T&D
Distribution						140,593						23.0						T&D						114,732						18.9						T&D
Electrical construction						303,636						49.8						C&I						308,162						50.7						C&I
Total revenue						$	610,182					100.0		%										$	607,901					100.0		%

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

						Nine months ended September 30, 2021																		Nine months ended September 30, 2020
(dollars in thousands)						Amount						Percent						Segment						Amount						Percent						Segment
Transmission						$	588,126					31.8		%				T&D						$	537,762					32.8		%				T&D
Distribution						360,159						19.4						T&D						298,006						18.2						T&D
Electrical construction						903,956						48.8						C&I						803,654						49.0						C&I
Total revenue						$	1,852,241					100.0		%										$	1,639,422					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 September 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 September 30, 2021
(in thousands)						Total						Amount estimated to not be recognized within 12 months						Total at December 31, 2020
T&D						$	534,964					$	89,531					$	645,422
C&I						974,683						207,990						889,596
Total						$	1,509,647					$	297,521					$	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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