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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2016
Income Taxes [Abstract] |
Income Before Taxes |
﻿ |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |
﻿ |  | Year Ended December 31,
﻿(in thousands) |  | 2016 |  | 2015 |  | 2014
﻿United States Operations |  | $ | 128,072 |  | $ | 69,822 |  | $ | 170,517
﻿Foreign Operations |  |  | 21,043 |  |  | 4,017 |  |  | 16,921
﻿Total |  | $ | 149,115 |  | $ | 73,839 |  | $ | 187,438
﻿
Provision for Income Taxes |
﻿ |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |
﻿ |  | Year Ended December 31,
﻿(in thousands) |  | 2016 |  | 2015 |  | 2014
﻿Current expense: |  |  |  |  |  |  |  |  |
﻿Federal |  | $ | 43,850 |  | $ | 5,465 |  | $ | 45,074
﻿State |  |  | 13,039 |  |  | (362) |  |  | 11,174
﻿Foreign |  |  | 6,573 |  |  | 1,126 |  |  | 3,203
﻿Total current |  |  | 63,462 |  |  | 6,229 |  |  | 59,451
﻿ |  |  |  |  |  |  |  |  |
﻿Deferred (benefit) expense: |  |  |  |  |  |  |  |  |
﻿Federal |  |  | (3,054) |  |  | 19,583 |  |  | 9,992
﻿State |  |  | (5,302) |  |  | 2,735 |  |  | 10,059
﻿Foreign |  |  | (1,813) |  |  | — |  |  | —
﻿Total deferred |  |  | (10,169) |  |  | 22,318 |  |  | 20,051
﻿Total provision |  | $ | 53,293 |  | $ | 28,547 |  | $ | 79,502
﻿
Reconciliation of Provision for Income Taxes |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | Year Ended December 31,
﻿ |  | 2016 |  | 2015 |  | 2014
﻿(dollars in thousands) |  | Amount |  | Rate |  | Amount |  | Rate |  | Amount |  | Rate
﻿Federal income expense at statutory tax rate |  | $ | 52,190 |  | 35.0 | % |  | $ | 25,844 |  | 35.0 | % |  | $ | 65,603 |  | 35.0 | %
﻿State income taxes, net of federal tax benefit |  |  | 5,972 |  | 4.0 |  |  |  | 1,250 |  | 1.7 |  |  |  | 10,367 |  | 5.5 |
﻿Officers' compensation |  |  | 3,807 |  | 2.6 |  |  |  | 2,900 |  | 3.9 |  |  |  | 3,657 |  | 2.0 |
﻿Domestic Production Activities Deduction |  |  | (4,018) |  | (2.7) |  |  |  | (1,499) |  | (2.0) |  |  |  | (5,170) |  | (2.8) |
﻿Impact of state tax rate changes on deferred taxes |  |  | (1,358) |  | (0.9) |  |  |  | 2,435 |  | 3.3 |  |  |  | 3,245 |  | 1.7 |
﻿Other |  |  | (3,300) |  | (2.3) |  |  |  | (2,383) |  | (3.2) |  |  |  | 1,800 |  | 1.0 |
﻿Provision for income taxes |  | $ | 53,293 |  | 35.7 | % |  | $ | 28,547 |  | 38.7 | % |  | $ | 79,502 |  | 42.4 | %
﻿
Significant Components of Deferred Tax Assets and Liabilities | The following is a summary of the significant components of the deferred tax assets and liabilities: ﻿ ﻿
﻿ |  |  |  |  |  |
﻿ |  |  |  |  |  |
﻿ |  | As of December 31,
﻿(in thousands) |  | 2016 |  | 2015
﻿Deferred Tax Assets |  |  |  |  |  |
﻿Timing of expense recognition |  | $ | 36,055 |  | $ | 23,580
﻿Net operating losses |  |  | 10,140 |  |  | 5,478
﻿Other, net |  |  | 33,507 |  |  | 29,342
﻿Deferred tax assets |  |  | 79,702 |  |  | 58,400
﻿Valuation allowance |  |  | (460) |  |  | (460)
﻿Net deferred tax assets |  |  | 79,242 |  |  | 57,940
﻿Deferred Tax Liabilities |  |  |  |  |  |
﻿Intangible assets, due primarily to purchase accounting |  |  | (34,679) |  |  | (37,157)
﻿Fixed assets, due primarily to purchase accounting |  |  | (107,081) |  |  | (100,516)
﻿Construction contract accounting |  |  | (12,564) |  |  | (9,197)
﻿Joint ventures - construction |  |  | (29,609) |  |  | (29,949)
﻿Other |  |  | (24,970) |  |  | (3,943)
﻿Deferred tax liabilities |  |  | (208,903) |  |  | (180,762)
﻿ |  |  |  |  |  |
﻿Net deferred tax liability |  | $ | (129,661) |  | $ | (122,822)
﻿ ﻿ ﻿ T h e n et d e f e rr ed tax lia b ili t y i s presented i n t h e C o ns o li d at e d B ala n ce S h eets as f o ll o w s: ﻿ ﻿
﻿ |  |  |  |  |  |
﻿ |  |  |  |  |  |
﻿ |  | As of December 31,
﻿(in thousands) |  | 2016 |  | 2015
﻿Deferred tax asset |  | $ | 1,346 |  | $ | —
﻿Deferred tax liability |  |  | (131,007) |  |  | (122,822)
﻿Net deferred tax liability |  | $ | (129,661) |  | $ | (122,822)
﻿
Schedule Of Immaterial Adjustments To Deferred Tax Assets And Liabilities | The Company has evaluated the effects of the classification adjustments as of December 31, 2015 based on the SEC’s guidance in Staff Accounting Bulletin No. 99, Materiality, and after consideration of both quantitative and qualitative factors, has concluded that the following adjustments are immaterial: ﻿
﻿ |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |
﻿ |  | As of December 31, 2015
﻿(in thousands) |  | As Previously Reported |  | Adjustments |  | As Restated (a)
﻿Total current assets |  | $ | 2,635,245 |  | $ | (24,889) |  | $ | 2,610,356
﻿Other assets |  |  | 202,125 |  |  | (149,071) |  |  | 53,054
﻿Total assets |  |  | 4,042,441 |  |  | (173,960) |  |  | 3,868,481
﻿Accrued expenses and other current liabilities |  |  | (159,016) |  |  | 24,889 |  |  | (134,127)
﻿Total current liabilities |  |  | (1,473,708) |  |  | 24,889 |  |  | (1,448,819)
﻿Total liabilities |  |  | (2,622,214) |  |  | 173,960 |  |  | (2,448,254)
﻿Total liabilities and stockholders' equity |  |  | (4,042,441) |  |  | 173,960 |  |  | (3,868,481)
﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |
﻿ |  | As of December 31, 2015
﻿(in thousands) |  | As Previously Reported |  | Adjustments |  | As Restated (a)
﻿Current deferred tax asset |  | $ | 26,306 |  | $ | (24,889) |  | $ | 1,417
﻿Long-term deferred tax asset |  |  | 149,071 |  |  | (149,071) |  |  | —
﻿Current deferred tax liability |  |  | (24,889) |  |  | 24,889 |  |  | —
﻿Long-term deferred tax liability |  |  | (273,310) |  |  | 149,071 |  |  | (124,239)
﻿Net deferred tax liability |  | $ | (122,822) |  | $ | — |  | $ | (122,822)
| (a) |  | The amounts reflected are prior to the Company's adoption of ASU 2015-03 (see discussion in Note 1) and ASU 2015-17, discussed below.
﻿ In addition to the immaterial classification adjustments reflected above, the Company identified certain immaterial classification errors within the disclosure of the significant components of deferred tax assets and liabilities as of December 31, 2015. The following is a revised summary of the significant components of deferred tax assets and liabilities to reflect adjustments for the immaterial classification errors as of December 31, 2015: ﻿
﻿ |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |
﻿ |  | As of December 31, 2015
﻿(in thousands) |  | As Previously Reported |  | Adjustments |  | As Restated
﻿Deferred Tax Assets |  |  |  |  |  |  |  |  |
﻿Timing of expense recognition |  | $ | 58,048 |  | $ | (34,468) |  | $ | 23,580
﻿Net operating losses |  |  | 3,564 |  |  | 1,914 |  |  | 5,478
﻿Other, net |  |  | 114,225 |  |  | (84,883) |  |  | 29,342
﻿Deferred tax assets |  |  | 175,837 |  |  | (117,437) |  |  | 58,400
﻿Valuation allowance |  |  | (460) |  |  | — |  |  | (460)
﻿Net deferred tax assets |  |  | 175,377 |  |  | (117,437) |  |  | 57,940
﻿Deferred Tax Liabilities |  |  |  |  |  |  |  |  |
﻿Intangible assets, due primarily to purchase accounting |  |  | (99,549) |  |  | 62,392 |  |  | (37,157)
﻿Fixed assets, due primarily to purchase accounting |  |  | (101,022) |  |  | 506 |  |  | (100,516)
﻿Construction contract accounting |  |  | (7,530) |  |  | (1,667) |  |  | (9,197)
﻿Joint ventures - construction |  |  | (27,604) |  |  | (2,345) |  |  | (29,949)
﻿Other |  |  | (62,494) |  |  | 58,551 |  |  | (3,943)
﻿Deferred tax liabilities |  |  | (298,199) |  |  | 117,437 |  |  | (180,762)
﻿Net deferred tax liability |  | $ | (122,822) |  | $ | — |  | $ | (122,822)
﻿
Reconciliation of Gross Unrecognized Tax Benefit |
﻿ |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |
﻿ |  | As of December 31,
﻿(in thousands) |  | 2016 |  | 2015 |  | 2014
﻿Beginning balance |  | $ | 3,612 |  | $ | 7,636 |  | $ | 5,459
﻿Change in tax positions of prior years |  |  | 3,543 |  |  | (3,073) |  |  | 426
﻿Change in tax positions of current year |  |  | 419 |  |  | 169 |  |  | 2,929
﻿Reduction in tax positions for statute expirations |  |  | — |  |  | (1,120) |  |  | (1,178)
﻿Ending Balance |  | $ | 7,574 |  | $ | 3,612 |  | $ | 7,636
﻿

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