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Business Segments (Tables) | 9 Months Ended
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Sep. 30, 2019
Business Segments [Abstract] |
Reportable Segments |
| Reportable Segments |  |  |  |  |  |
|  |  |  |  |  |  | Specialty |  |  |  |  |  |  |  | Consolidated
(in thousands) | Civil |  |  | Building |  | Contractors |  | Total |  | Corporate |  | Total
Three Months Ended September 30, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total revenue | $ | 591,884 |  | $ | 421,241 |  | $ | 249,453 |  | $ | 1,262,578 |  | $ | — |  | $ | 1,262,578
Elimination of intersegment revenue |  | (67,338) |  |  | (5,895) |  |  | — |  |  | (73,233) |  |  | — |  |  | (73,233)
Revenue from external customers | $ | 524,546 |  | $ | 415,346 |  | $ | 249,453 |  | $ | 1,189,345 |  | $ | — |  | $ | 1,189,345
Income (loss) from construction operations | $ | 50,695 |  | $ | 7,580 |  | $ | 7,247 |  | $ | 65,522 |  | $ | (17,579) | (a) | $ | 47,943
Capital expenditures | $ | 22,497 |  | $ | 144 |  | $ | 325 |  | $ | 22,966 |  | $ | 365 |  | $ | 23,331
Depreciation and amortization(b) | $ | 11,953 |  | $ | 495 |  | $ | 1,018 |  | $ | 13,466 |  | $ | 2,761 |  | $ | 16,227
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
____________________________________________________________________________________________________ (a)Consists primarily of corporate general and administrative expenses. (b)Depreciation and amortization is included in income (loss) from construction operations.
| Reportable Segments |  |  |  |  |  |
|  |  |  |  |  |  | Specialty |  |  |  |  |  |  |  | Consolidated
(in thousands) | Civil |  |  | Building |  | Contractors |  | Total |  | Corporate |  | Total
Nine Months Ended September 30, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total revenue | $ | 1,516,623 |  | $ | 1,291,043 |  | $ | 664,279 |  | $ | 3,471,945 |  | $ | — |  | $ | 3,471,945
Elimination of intersegment revenue |  | (184,925) |  |  | (13,913) |  |  | — |  |  | (198,838) |  |  | — |  |  | (198,838)
Revenue from external customers | $ | 1,331,698 |  | $ | 1,277,130 |  | $ | 664,279 |  | $ | 3,273,107 |  | $ | — |  | $ | 3,273,107
Income (loss) from construction operations | $ | (72,032) |  | $ | 6,903 |  | $ | (160,036) |  | $ | (225,165) | (a) | $ | (45,696) | (b) | $ | (270,861)
Capital expenditures | $ | 60,948 |  | $ | 349 |  | $ | 558 |  | $ | 61,855 |  | $ | 822 |  | $ | 62,677
Depreciation and amortization(c) | $ | 31,608 |  | $ | 1,495 |  | $ | 3,143 |  | $ | 36,246 |  | $ | 8,295 |  | $ | 44,541
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(d) | $ | 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
____________________________________________________________________________________________________ (a)During the nine months ended September 30, 2019, the Company recorded a non-cash goodwill impairment charge of $379.9 million in income (loss) from continuing operations (an unfavorable after-tax impact of $329.5 million, or $6.56 per diluted share) resulting from an interim impairment test the Company performed as of June 1, 2019. (For further information and breakdown of the goodwill impairment charge by segment, see Note 8, Goodwill and Intangible Assets). (b)Consists primarily of corporate general and administrative expenses. (c)Depreciation and amortization is included in income (loss) from construction operations. (d)During the nine months ended September 30, 2018, the Company recorded a charge of $17.8 million in income (loss) 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.
Reconciliation of Segment Results to Consolidated Income Before Income Taxes |
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(in thousands) | 2019 |  | 2018 |  | 2019 |  | 2018
Income (loss) from construction operations | $ | 47,943 |  | $ | 47,306 |  | $ | (270,861) |  | $ | 101,196
Other income, net |  | 1,674 |  |  | 1,909 |  |  | 2,996 |  |  | 3,739
Interest expense |  | (17,305) |  |  | (16,411) |  |  | (51,252) |  |  | (47,474)
Income (loss) before income taxes | $ | 32,312 |  | $ | 32,804 |  | $ | (319,117) |  | $ | 57,461
Schedule of Assets by Segment |
| As of |  | As of
(in thousands) | September 30, 2019 |  | December 31, 2018
Civil | $ | 2,791,537 |  | $ | 2,574,326
Building |  | 965,917 |  |  | 913,746
Specialty Contractors |  | 644,016 |  |  | 745,313
Corporate and other(a) |  | 93,438 |  |  | 154,367
Total assets | $ | 4,494,908 |  | $ | 4,387,752
____________________________________________________________________________________________________ (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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