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Business Segments | 12 Months Ended
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Dec. 31, 2011
Business Segments [Abstract] |
Business Segments | [13] Business Segments During 2011, the Company's chief operating decision maker was the Chairman and Chief Executive Officer who decides how to allocate resources and assess performance of the business segments. Generally, the Company evaluates performance of its operating segments on the basis of income from operations and cash flow. As discussed in Note 4, during the third quarter of 2011 the Company completed a reorganization which resulted in the formation of the Specialty Contractors reporting segment. The Specialty Contractors reporting segment consists of the following subsidiary companies: WDF, FSE, Nagelbush, Fisk, Powerco, DMI (all previously included in the Building reporting segment), and Superior Gunite (previously included in the Civil reporting segment). The reorganization enables the Company to focus on vertical integration through increased self-performed work capabilities while maintaining the specialty contractors business with third parties, and it will strengthen the Company's position as a full-service contractor with greater control over scheduled delivery and risk management. The following tables set forth certain reportable segment information relating to the Company's operations for each of the three years in the period ended December 31, 2011 (in thousands). In accordance with the accounting guidance on segment reporting, the Company has restated the comparative prior period information for the reorganized reportable segments. The Company has also restated comparative prior period information to allocate intersegment eliminations of $211.1 million, $88.9 million, and $162.4 million for 2011, 2010 and 2009 revenues, respectively, into the applicable Building, Civil or Management Services reporting unit that the Specialty Contractors reporting segment has provided services to:
|  | Reportable Segments |  |  |  |  |  |  |
|  |  |  |  |  |  |  | Specialty |  |  | Management |  |  |  |  |  |  |  |  | Consolidated |
|  | Building |  |  | Civil |  |  | Contractors |  |  | Services |  |  | Totals |  |  | Corporate |  |  | Total |
2011 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Revenues |  | $ | 1,952,030 |  |  | $ | 896,896 |  |  | $ | 802,535 |  |  | $ | 275,975 |  |  | $ | 3,927,436 |  |  | $ | - |  |  | $ | 3,927,436 |
Elimination of intersegment revenues |  |  | (126,562 | ) |  |  | (11,651 | ) |  |  | (75 | ) |  |  | (72,831 | ) |  |  | (211,119 | ) |  |  | - |  |  |  | (211,119 | )
Revenues from external customers |  |  | 1,825,468 |  |  |  | 885,245 |  |  |  | 802,460 |  |  |  | 203,144 |  |  |  | 3,716,317 |  |  |  | - |  |  |  | 3,716,317 |
Income from Construction Operations |  |  | 46,262 |  |  |  | 78,546 |  |  |  | 65,582 |  |  |  | 22,322 |  |  |  | 212,712 |  |  |  | (44,336 | ) (a) |  |  | 168,376 |
Assets |  |  | 1,125,632 |  |  |  | 1,102,471 |  |  |  | 597,986 |  |  |  | 182,583 |  |  |  | 3,008,672 |  |  |  | 604,455 | (b) |  |  | 3,613,127 |
Capital Expenditures |  |  | 1,293 |  |  |  | 49,892 |  |  |  | 4,727 |  |  |  | 8,020 |  |  |  | 63,932 |  |  |  | 4,419 |  |  |  | 68,351 |
2010 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Revenues |  | $ | 2,300,574 |  |  | $ | 670,172 |  |  | $ | 112,860 |  |  | $ | 204,526 |  |  | $ | 3,288,132 |  |  | $ | - |  |  | $ | 3,288,132 |
Elimination of intersegment revenues |  |  | (77,059 | ) |  |  | (3,043 | ) |  |  | - |  |  |  | (8,820 | ) |  |  | (88,922 | ) |  |  | - |  |  |  | (88,922 | )
Revenues from external customers |  |  | 2,223,515 |  |  |  | 667,129 |  |  |  | 112,860 |  |  |  | 195,706 |  |  |  | 3,199,210 |  |  |  | - |  |  |  | 3,199,210 |
Income from Construction Operations |  |  | 89,236 |  |  |  | 88,122 |  |  |  | 6,281 |  |  |  | 22,153 |  |  |  | 205,792 |  |  |  | (33,480 | ) (a) |  |  | 172,312 |
Assets |  |  | 1,152,439 |  |  |  | 626,396 |  |  |  | 80,502 |  |  |  | 147,921 |  |  |  | 2,007,258 |  |  |  | 771,962 | (b) |  |  | 2,779,220 |
Capital Expenditures |  |  | 4,069 |  |  |  | 25,638 |  |  |  | 108 |  |  |  | 1,997 |  |  |  | 31,812 |  |  |  | 1,108 |  |  |  | 32,920 |
2009 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Revenues |  | $ | 4,446,397 |  |  | $ | 361,507 |  |  | $ | 201,087 |  |  | $ | 305,352 |  |  | $ | 5,314,343 |  |  | $ | - |  |  | $ | 5,314,343 |
Elimination of intersegment revenues |  |  | (162,377 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (162,377 | ) |  |  | - |  |  |  | (162,377 | )
Revenues from external customers |  |  | 4,284,020 |  |  |  | 361,507 |  |  |  | 201,087 |  |  |  | 305,352 |  |  |  | 5,151,966 |  |  |  | - |  |  |  | 5,151,966 |
Income from Construction Operations |  |  | 137,460 |  |  |  | 44,268 |  |  |  | 18,040 |  |  |  | 53,447 |  |  |  | 253,215 |  |  |  | (41,672 | ) (a) |  |  | 211,543 |
Assets |  |  | 1,450,430 |  |  |  | 562,728 |  |  |  | 130,305 |  |  |  | 293,177 |  |  |  | 2,436,640 |  |  |  | 384,014 | (b) |  |  | 2,820,654 |
Capital Expenditures |  |  | 19,239 |  |  |  | 13,624 |  |  |  | 432 |  |  |  | 5 |  |  |  | 33,300 |  |  |  | 9,439 |  |  |  | 42,739 |
| (a) | Consists of corporate general and administrative expenses.
| (b) | Consists principally of cash and cash equivalents, corporate transportation equipment, construction equipment, and other investments available for general corporate purposes.
Revenues from the Resorts World New York Casino at Aqueduct Racetrack in Jamaica, New York for Genting New York, LLC in the Building segment totaled approximately $537 million (or 14% of total revenues) in 2011. Revenues from The Cosmopolitan project Las Vegas, Nevada for Deutsche Bank in the Building segment totaled approximately $518 million (or 16% of total revenues) in 2010. Revenues from the McCarran Airport Terminal 3 project Las Vegas, Nevada for the Clark County Department of Aviation in the Building segment totaled approximately $515 million (or 15% of total revenues) in 2010. Revenues from Project CityCenter in Las Vegas, Nevada for MGM MIRAGE in the Building segment totaled approximately $1,968 million (or 38% of total revenues) in 2009. Information concerning principal geographic areas is as follows (in thousands):
|  | Revenues |
|  | 2011 |  |  | 2010 |  |  | 2009 |
United States |  | $ | 3,508,349 |  |  | $ | 3,037,940 |  |  | $ | 4,853,477 |
Foreign and U.S. Territories |  |  | 207,968 |  |  |  | 161,270 |  |  |  | 298,489 |
Total |  | $ | 3,716,317 |  |  | $ | 3,199,210 |  |  | $ | 5,151,966 |
|  | Income (Loss) from Construction Operations |
|  | 2011 |  |  | 2010 |  |  | 2009 |
United States |  | $ | 184,268 |  |  | $ | 182,193 |  |  | $ | 202,852 |
Foreign and U.S. Territories |  |  | 28,444 |  |  |  | 23,599 |  |  |  | 50,363 |
Corporate |  |  | (44,336 | ) |  |  | (33,480 | ) |  |  | (41,672 | )
Total |  | $ | 168,376 |  |  | $ | 172,312 |  |  | $ | 211,543 |
|  | Assets |
|  | 2011 |  |  | 2010 |  |  | 2009 |
United States |  | $ | 3,460,470 |  |  | $ | 2,610,848 |  |  | $ | 2,665,513 |
Foreign and U.S. Territories |  |  | 152,657 |  |  |  | 168,372 |  |  |  | 155,141 |
Total |  | $ | 3,613,127 |  |  | $ | 2,779,220 |  |  | $ | 2,820,654 |
Income from construction operations has been allocated geographically based on the location of the job site.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 + Details
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