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Revenue | 3 Months Ended
--- | ---
Mar. 31, 2020
Revenue [Abstract] |
Revenue | (3) Revenue Disaggregation of Revenue The following tables disaggregate revenue by end market, customer type and contract type, which the Company believes best depict how the nature, amount, timing and uncertainty of its revenue and cash flows are affected by economic factors for the three months ended March 31, 2020 and 2019.
|  | Three Months Ended
|  | March 31,
(in thousands) |  | 2020 |  | 2019
Civil segment revenue by end market: |  |  |  |  |  |
Mass transit |  | $ | 297,143 |  | $ | 146,250
Bridges |  |  | 52,184 |  |  | 69,307
Highways |  |  | 32,582 |  |  | 41,043
Tunneling |  |  | 25,955 |  |  | 34,940
Water |  |  | 23,744 |  |  | 9,668
Military defense facilities |  |  | 23,610 |  |  | 10,281
Other |  |  | 31,411 |  |  | 22,005
Total Civil segment revenue |  | $ | 486,629 |  | $ | 333,494
|  | Three Months Ended
|  | March 31,
(in thousands) |  | 2020 |  | 2019
Building segment revenue by end market: |  |  |  |  |  |
Commercial and industrial facilities |  | $ | 133,049 |  | $ | 109,353
Hospitality and gaming |  |  | 118,987 |  |  | 69,310
Municipal and government |  |  | 69,502 |  |  | 61,962
Mass transit |  |  | 57,847 |  |  | 29,177
Health care facilities |  |  | 35,889 |  |  | 80,227
Education facilities |  |  | 31,622 |  |  | 42,528
Mixed use |  |  | 9,972 |  |  | 15,274
Other |  |  | 24,896 |  |  | 25,635
Total Building segment revenue |  | $ | 481,764 |  | $ | 433,466
|  | Three Months Ended
|  | March 31,
(in thousands) |  | 2020 |  | 2019
Specialty Contractors segment revenue by end market: |  |  |  |  |  |
Mass transit |  | $ | 148,671 |  | $ | 81,394
Commercial and industrial facilities |  |  | 53,505 |  |  | 44,023
Multi-unit residential |  |  | 26,493 |  |  | 11,389
Education facilities |  |  | 16,557 |  |  | 11,580
Mixed use |  |  | 13,802 |  |  | 10,669
Health care facilities |  |  | 2,522 |  |  | 11,652
Other |  |  | 20,786 |  |  | 20,820
Total Specialty Contractors segment revenue |  | $ | 282,336 |  | $ | 191,527
| Three Months Ended March 31, 2020 |  | Three Months Ended March 31, 2019
|  |  |  |  |  |  | Specialty |  |  |  |  |  |  |  |  |  |  | Specialty |  |  |
(in thousands) | Civil |  | Building |  | Contractors |  | Total |  | Civil |  | Building |  | Contractors |  | Total
Revenue by customer type: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
State and local agencies | $ | 396,045 |  | $ | 146,016 |  | $ | 132,873 |  | $ | 674,934 |  | $ | 257,107 |  | $ | 144,686 |  | $ | 97,071 |  | $ | 498,864
Federal agencies |  | 36,661 |  |  | 31,973 |  |  | 9,756 |  |  | 78,390 |  |  | 23,158 |  |  | 40,151 |  |  | 7,769 |  |  | 71,078
Private owners |  | 53,923 |  |  | 303,775 |  |  | 139,707 |  |  | 497,405 |  |  | 53,229 |  |  | 248,629 |  |  | 86,687 |  |  | 388,545
Total revenue | $ | 486,629 |  | $ | 481,764 |  | $ | 282,336 |  | $ | 1,250,729 |  | $ | 333,494 |  | $ | 433,466 |  | $ | 191,527 |  | $ | 958,487
| Three Months Ended March 31, 2020 |  | Three Months Ended March 31, 2019
|  |  |  |  |  |  | Specialty |  |  |  |  |  |  |  |  |  |  | Specialty |  |  |
(in thousands) | Civil |  | Building |  | Contractors |  | Total |  | Civil |  | Building |  | Contractors |  | Total
Revenue by contract type: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed price | $ | 408,971 |  | $ | 105,598 |  | $ | 248,516 |  | $ | 763,085 |  | $ | 242,867 |  | $ | 114,359 |  | $ | 155,264 |  | $ | 512,490
Guaranteed maximum price |  | 308 |  |  | 237,773 |  |  | 2,549 |  |  | 240,630 |  |  | 2,233 |  |  | 207,131 |  |  | 3,606 |  |  | 212,970
Unit price |  | 71,358 |  |  | 534 |  |  | 21,151 |  |  | 93,043 |  |  | 84,878 |  |  | 5,228 |  |  | 19,003 |  |  | 109,109
Cost plus fee and other |  | 5,992 |  |  | 137,859 |  |  | 10,120 |  |  | 153,971 |  |  | 3,516 |  |  | 106,748 |  |  | 13,654 |  |  | 123,918
Total revenue | $ | 486,629 |  | $ | 481,764 |  | $ | 282,336 |  | $ | 1,250,729 |  | $ | 333,494 |  | $ | 433,466 |  | $ | 191,527 |  | $ | 958,487
Changes in Contract Estimates that Impact Revenue Changes to the total estimated contract revenue or cost for a given project, either due to unexpected events or revisions to management’s initial estimates, are recognized in the period in which they are determined. Revenue recognized during the three month periods ended March 31, 2020 and 2019 related to performance obligations satisfied (or partially satisfied) in prior periods was immaterial. Remaining Performance Obligations Remaining performance obligations represent the transaction price of firm orders for which work has not been performed and exclude unexercised contract options. As of March 31, 2020, the aggregate amounts of the transaction prices allocated to the remaining performance obligations of the Company’s construction contracts were $5.2 billion, $1.9 billion and $2.2 billion for the Civil, Building and Specialty Contractors segments, respectively. As of March 31, 2019, the aggregate amounts of the transaction prices allocated to the remaining performance obligations of the Company’s construction contracts were $4.5 billion, $2.0 billion and $1.8 billion for the Civil, Building and Specialty Contractors segments, respectively. The Company typically recognizes revenue on Civil segment projects over a period of three to five years, whereas for projects in the Building and Specialty Contractors segments, the Company typically recognizes revenue over a period of one to three years.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 + Details
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