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Business Segments | 12 Months Ended
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Dec. 31, 2013
Business Segments |
Business Segments | [13] Business Segments The Company’s chief operating decision maker is 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 — Goodwill and Other Intangible Assets, the Company completed a reorganization in 2011 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, DMI (all previously included in the Building reporting segment), and Superior Gunite (previously included in the Civil reporting segment). The reorganization enabled the Company to focus on vertical integration through increased self-performed work capabilities while maintaining the specialty contractors business with third parties, and strengthened 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 the years ended December 31, 2013, 2012 and 2011. In accordance with the accounting guidance on segment reporting, the Company has restated comparative prior period information for the reorganized reportable segments in the tables below.
|  | Reportable Segments |  |  |  |  |
|  |  |  |  |  | Specialty |  | Management |  |  |  |  |  | Consolidated |
(in thousands) |  | Civil |  | Building |  | Contractors |  | Services |  | Totals |  | Corporate |  | Total |
2013 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Revenues |  | $ | 1,423,772 |  | $ | 1,537,227 |  | $ | 1,182,844 |  | $ | 181,076 |  | $ | 4,324,919 |  | $ | — |  | $ | 4,324,919 |
Elimination of intersegment revenues |  | (77,954 | ) | (67,008 | ) | (567 | ) | (3,718 | ) | (149,247 | ) | — |  | (149,247 | )
Revenues from external customers |  | $ | 1,345,818 |  | $ | 1,470,219 |  | $ | 1,182,277 |  | $ | 177,358 |  | $ | 4,175,672 |  | $ | — |  | $ | 4,175,672 |
Income from construction operations |  | $ | 167,868 |  | $ | 23,799 |  | $ | 49,008 |  | $ | 10,579 |  | $ | 251,254 |  | $ | (47,432 | ) | $ | 203,822 |
Assets |  | $ | 1,295,713 |  | $ | 610,431 |  | $ | 727,303 |  | $ | 187,864 |  | $ | 2,821,311 |  | $ | 576,127 | (b) | $ | 3,397,438 |
Capital Expenditures |  | $ | 29,497 |  | $ | 1,555 |  | $ | 4,137 |  | $ | 3,103 |  | $ | 38,292 |  | $ | 6,999 |  | $ | 45,291 |
2012 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Revenues |  | $ | 1,290,610 |  | $ | 1,478,508 |  | $ | 1,183,518 |  | $ | 241,483 |  | $ | 4,194,119 |  | $ | — |  | $ | 4,194,119 |
Elimination of intersegment revenues |  | (42,329 | ) | (10,598 | ) | (481 | ) | (29,240 | ) | (82,648 | ) | — |  | (82,648 | )
Revenues from external customers |  | $ | 1,248,281 |  | $ | 1,467,910 |  | $ | 1,183,037 |  | $ | 212,243 |  | $ | 4,111,471 |  | $ | — |  | $ | 4,111,471 |
(Loss) Income from construction operations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Before impairment charge |  | $ | 112,584 |  | $ | (4,098 | ) | $ | 79,080 |  | $ | 12,291 |  | $ | 199,857 |  | $ | (45,094 | )(a) | $ | 154,763 |
Impairment charge |  | (65,503 | ) | (282,608 | ) | (11,489 | ) | (16,974 | ) | (376,574 | ) | — |  | (376,574 | )
Total |  | $ | 47,081 |  | $ | (286,706 | ) | $ | 67,591 |  | $ | (4,683 | ) | $ | (176,717 | ) | $ | (45,094 | ) | $ | (221,811 | )
Assets |  | $ | 1,046,712 |  | $ | 669,780 |  | $ | 672,074 |  | $ | 180,145 |  | $ | 2,568,711 |  | $ | 727,699 | (b) | $ | 3,296,410 |
Capital Expenditures |  | $ | 27,037 |  | $ | 1,682 |  | $ | 10,201 |  | $ | 1,791 |  | $ | 40,711 |  | $ | 2,691 |  | $ | 43,402 |
2011 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Revenues |  | $ | 896,896 |  | $ | 1,952,030 |  | $ | 802,535 |  | $ | 275,975 |  | $ | 3,927,436 |  | $ | — |  | $ | 3,927,436 |
Elimination of intersegment revenues |  | (11,651 | ) | (126,562 | ) | (75 | ) | (72,831 | ) | (211,119 | ) | — |  | (211,119 | )
Revenues from external customers |  | $ | 885,245 |  | $ | 1,825,468 |  | $ | 802,460 |  | $ | 203,144 |  | $ | 3,716,317 |  | $ | — |  | $ | 3,716,317 |
Income from construction operations |  | $ | 78,546 |  | $ | 46,262 |  | $ | 65,582 |  | $ | 22,322 |  | $ | 212,712 |  | $ | (44,336 | )(a) | $ | 168,376 |
Assets |  | $ | 1,102,471 |  | $ | 1,125,632 |  | $ | 597,986 |  | $ | 182,583 |  | $ | 3,008,672 |  | $ | 604,455 | (b) | $ | 3,613,127 |
Capital Expenditures |  | $ | 49,892 |  | $ | 1,293 |  | $ | 4,727 |  | $ | 8,020 |  | $ | 63,932 |  | $ | 4,419 |  | $ | 68,351 |
(a) Primarily consist of corporate general and administrative expenses. (b) Principally consist of cash and cash equivalents, corporate transportation equipment, construction equipment, and other investments available for general corporate purposes. Information concerning principal geographic areas is as follows:
|  | Year ended December 31, |
|  | 2013 |  | 2012 |  | 2011 |
|  | (in thousands) |
Revenues |  |  |  |  |  |  |
United States |  | $ | 4,000,380 |  | $ | 3,925,733 |  | $ | 3,508,349 |
Foreign and U.S. Territories |  | 175,292 |  | 185,738 |  | 207,968 |
Total |  | $ | 4,175,672 |  | $ | 4,111,471 |  | $ | 3,716,317 |
Income (loss) from construction operations |  |  |  |  |  |  |
United States |  | $ | 238,989 |  | $ | (195,457 | ) | $ | 184,268 |
Foreign and U.S. Territories |  | 12,265 |  | 18,740 |  | 28,444 |
Corporate |  | (47,432 | ) | (45,094 | ) | (44,336 | )
Total |  | $ | 203,822 |  | $ | (221,811 | ) | $ | 168,376 |
|  | At December 31, |
|  | 2013 |  | 2012 |  | 2011 |
|  | (in thousands) |
Assets |  |  |  |  |  |  |
United States |  | $ | 3,182,706 |  | $ | 3,107,808 |  | $ | 3,460,470 |
Foreign and U.S. Territories |  | 214,732 |  | 188,602 |  | 152,657 |
Total |  | $ | 3,397,438 |  | $ | 3,296,410 |  | $ | 3,613,127 |
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 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 2: 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 3: 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 4: 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 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 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 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 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 10: 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 11: 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 Reference 12: 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 13: 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 14: 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 + Details
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