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Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2023

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 months ended March 31, 2023 and 2022 were as follows:

						Three months ended March 31, 2023
						T&D												C&I												Total
(dollars in thousands)						Amount						Percent						Amount						Percent						Amount						Percent
Fixed price						$	229,234					51.5		%				$	305,621					83.4		%				$	534,855					65.9		%
Unit price						113,709						25.5						17,642						4.8						131,351						16.2
T&E						102,381						23.0						43,029						11.8						145,410						17.9
						$	445,324					100.0		%				$	366,292					100.0		%				$	811,616					100.0		%

						Three months ended March 31, 2022
						T&D												C&I												Total
(dollars in thousands)						Amount						Percent						Amount						Percent						Amount						Percent
Fixed price						$	150,904					41.4		%				$	218,577					80.4		%				$	369,481					58.0		%
Unit price						104,321						28.6						14,803						5.4						119,124						18.7
T&E						109,631						30.0						38,388						14.2						148,019						23.3
						$	364,856					100.0		%				$	271,768					100.0		%				$	636,624					100.0		%

The components of the Company’s revenue by market type for the three months ended March 31, 2023 and 2022 were as follows:

						Three months ended March 31, 2023																		Three months ended March 31, 2022
(dollars in thousands)						Amount						Percent						Segment						Amount						Percent						Segment
Transmission						$	298,098					36.7		%				T&D						$	221,607					34.8		%				T&D
Distribution						147,226						18.2						T&D						143,249						22.5						T&D
Electrical construction						366,292						45.1						C&I						271,768						42.7						C&I
Total revenue						$	811,616					100.0		%										$	636,624					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, 2023 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, 2023
(in thousands)						Total						Amount estimated to not be recognized within 12 months						Total at December 31, 2022
T&D						$	1,136,374					$	234,241					$	898,617
C&I						1,371,231						277,611						1,428,257
Total						$	2,507,605					$	511,852					$	2,326,874

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 https://asc.fasb.org/extlink&oid=126920106&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 https://asc.fasb.org/extlink&oid=126920106&loc=SL49130556-203045

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