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Business Segments (Tables) | 9 Months Ended
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Sep. 30, 2018
Business Segments [Abstract] |
Reportable Segments | ﻿
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﻿ | Reportable Segments |  |  |  |  |  |
﻿ |  |  |  |  |  |  | Specialty |  |  |  |  |  |  |  | Consolidated
﻿(in thousands) | Civil |  |  | Building |  | Contractors |  | Total |  | Corporate |  | Total
﻿Three Months Ended September 30, 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Total revenue | $ | 479,581 |  | $ | 457,304 |  | $ | 236,157 |  | $ | 1,173,042 |  | $ | — |  | $ | 1,173,042
﻿Elimination of intersegment revenue |  | (48,093) |  |  | (1,812) |  |  | — |  |  | (49,905) |  |  | — |  |  | (49,905)
﻿Revenue from external customers | $ | 431,488 |  | $ | 455,492 |  | $ | 236,157 |  | $ | 1,123,137 |  | $ | — |  | $ | 1,123,137
﻿Income (loss) from construction operations | $ | 41,282 |  | $ | 8,853 |  | $ | 11,561 |  | $ | 61,696 |  | $ | (14,390) | (a) | $ | 47,306
﻿Capital expenditures | $ | 15,364 |  | $ | 277 |  | $ | 70 |  | $ | 15,711 |  | $ | 397 |  | $ | 16,108
﻿Depreciation and amortization(b) | $ | 8,031 |  | $ | 488 |  | $ | 1,081 |  | $ | 9,600 |  | $ | 2,817 |  | $ | 12,417
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﻿Three Months Ended September 30, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Total revenue | $ | 458,487 |  | $ | 500,420 |  | $ | 310,137 |  | $ | 1,269,044 |  | $ | — |  | $ | 1,269,044
﻿Elimination of intersegment revenue |  | (62,667) |  |  | (6,872) |  |  | — |  |  | (69,539) |  |  | — |  |  | (69,539)
﻿Revenue from external customers | $ | 395,820 |  | $ | 493,548 |  | $ | 310,137 |  | $ | 1,199,505 |  | $ | — |  | $ | 1,199,505
﻿Income (loss) from construction operations | $ | 38,144 |  | $ | 14,058 |  | $ | 14,575 |  | $ | 66,777 |  | $ | (17,705) | (a) | $ | 49,072
﻿Capital expenditures | $ | 1,248 |  | $ | 36 |  | $ | 81 |  | $ | 1,365 |  | $ | 164 |  | $ | 1,529
﻿Depreciation and amortization(b) | $ | 5,213 |  | $ | 502 |  | $ | 1,166 |  | $ | 6,881 |  | $ | 2,824 |  | $ | 9,705
| (a) |  | Consists primarily of corporate general and administrative expenses.
| (b) |  | Depreciation and amortization is included in income from construction operations.
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﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ | Reportable Segments |  |  |  |  |  |
﻿ |  |  |  |  |  |  | Specialty |  |  |  |  |  |  |  | Consolidated
﻿(in thousands) | Civil |  |  | Building |  | Contractors |  | Total |  | Corporate |  | Total
﻿Nine Months Ended September 30, 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Total revenue | $ | 1,266,595 |  | $ | 1,395,896 |  | $ | 781,591 |  | $ | 3,444,082 |  | $ | — |  | $ | 3,444,082
﻿Elimination of intersegment revenue |  | (169,520) |  |  | (3,184) |  |  | — |  |  | (172,704) |  |  | — |  |  | (172,704)
﻿Revenue from external customers | $ | 1,097,075 |  | $ | 1,392,712 |  | $ | 781,591 |  | $ | 3,271,378 |  | $ | — |  | $ | 3,271,378
﻿Income (loss) from construction operations(a) | $ | 93,560 |  | $ | 27,814 |  | $ | 26,250 |  | $ | 147,624 |  | $ | (46,428) | (b) | $ | 101,196
﻿Capital expenditures | $ | 61,912 |  | $ | 1,147 |  | $ | 704 |  | $ | 63,763 |  | $ | 648 |  | $ | 64,411
﻿Depreciation and amortization(c) | $ | 20,356 |  | $ | 1,458 |  | $ | 3,299 |  | $ | 25,113 |  | $ | 8,468 |  | $ | 33,581
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﻿Nine Months Ended September 30, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Total revenue | $ | 1,363,850 |  | $ | 1,520,356 |  | $ | 907,690 |  | $ | 3,791,896 |  | $ | — |  | $ | 3,791,896
﻿Elimination of intersegment revenue |  | (190,873) |  |  | (36,883) |  |  | — |  |  | (227,756) |  |  | — |  |  | (227,756)
﻿Revenue from external customers | $ | 1,172,977 |  | $ | 1,483,473 |  | $ | 907,690 |  | $ | 3,564,140 |  | $ | — |  | $ | 3,564,140
﻿Income (loss) from construction operations | $ | 128,176 |  | $ | 25,035 |  | $ | 15,330 |  | $ | 168,541 |  | $ | (48,407) | (b) | $ | 120,134
﻿Capital expenditures | $ | 8,665 |  | $ | 184 |  | $ | 374 |  | $ | 9,223 |  | $ | 489 |  | $ | 9,712
﻿Depreciation and amortization(c) | $ | 26,767 |  | $ | 1,533 |  | $ | 3,551 |  | $ | 31,851 |  | $ | 8,612 |  | $ | 40,463
| (a) |  | During the nine months ended September 30, 2018, the Company recorded a charge of $17.8 million in income from construction operations (an after-tax impact of $12.8 million, or $0.25 per diluted share), which was primarily non-cash, as a result of the unexpected outcome of an arbitration decision related to a subcontract back charge dispute on a Civil segment project in New York that was completed in 2013.
| (b) |  | Consists primarily of corporate general and administrative expenses.
Depreciation and amortization is included in income from construction operations.
Reconciliation of Segment Results to Consolidated Income Before Income Taxes |
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﻿ | Three Months Ended September 30, |  | Nine Months Ended September 30,
﻿(in thousands) | 2018 |  | 2017 |  | 2018 |  | 2017
﻿Income from construction operations | $ | 47,306 |  | $ | 49,072 |  | $ | 101,196 |  | $ | 120,134
﻿Other income, net |  | 1,909 |  |  | 967 |  |  | 3,739 |  |  | 42,373
﻿Interest expense |  | (16,411) |  |  | (15,643) |  |  | (47,474) |  |  | (53,726)
﻿Income before income taxes | $ | 32,804 |  | $ | 34,396 |  | $ | 57,461 |  | $ | 108,781
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Schedule of Assets by Segment | ﻿
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﻿ | As of |  | As of
﻿(in thousands) | September 30, 2018 |  | December 31, 2017
﻿Civil | $ | 2,597,653 |  | $ | 2,452,108
﻿Building |  | 936,365 |  |  | 909,207
﻿Specialty Contractors |  | 760,017 |  |  | 767,807
﻿Corporate and other(a) |  | 131,133 |  |  | 135,001
﻿Total assets | $ | 4,425,168 |  | $ | 4,264,123
| (a) |  | Consists principally of cash, equipment, tax-related assets and insurance-related assets, offset by the elimination of assets related to intersegment revenue.

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