XML 40 R26.htm IDEA: XBRL DOCUMENT
v3.21.2

Revenue (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2021
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | The following tables disaggregate revenue by end market, customer type and contract type, which the Company believes best depicts how the nature, amount, timing and uncertainty of its revenue and cash flows are affected by economic factors for the three and nine months ended September 30, 2021 and 2020.
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(in thousands) | 2021 | 2020 |  | 2021 | 2020
Civil segment revenue by end market: |  |  |  |  |
Mass transit (includes certain transportation and tunneling projects) | $ | 386,913 |  | $ | 372,131 |  |  | $ | 1,062,322 |  | $ | 1,024,083 |
Bridges | 67,117 |  | 104,722 |  |  | 179,059 |  | 246,006 |
Military defense facilities | 46,615 |  | 44,246 |  |  | 140,736 |  | 102,898 |
Water | 22,470 |  | 23,277 |  |  | 74,080 |  | 76,569 |
Highways | 7,101 |  | 30,086 |  |  | 48,153 |  | 98,259 |
Other | 16,002 |  | 37,534 |  |  | 72,795 |  | 119,786 |
Total Civil segment revenue | $ | 546,218 |  | $ | 611,996 |  |  | $ | 1,577,145 |  | $ | 1,667,601 |
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(in thousands) | 2021 | 2020 |  | 2021 | 2020
Building segment revenue by end market: |  |  |  |  |
Commercial and industrial facilities | $ | 75,402 |  | $ | 162,364 |  |  | $ | 307,414 |  | $ | 402,312 |
Hospitality and gaming | 89,317 |  | 119,588 |  |  | 276,029 |  | 346,517 |
Municipal and government | 76,471 |  | 66,505 |  |  | 222,855 |  | 215,230 |
Education facilities | 39,528 |  | 50,425 |  |  | 123,988 |  | 129,085 |
Mass transit (includes transportation projects) | 38,868 |  | 50,206 |  |  | 99,747 |  | 174,605 |
Health care facilities | 20,287 |  | 26,344 |  |  | 44,294 |  | 94,651 |
Other | 21,068 |  | 32,708 |  |  | 76,507 |  | 100,525 |
Total Building segment revenue | $ | 360,941 |  | $ | 508,140 |  |  | $ | 1,150,834 |  | $ | 1,462,925 |
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(in thousands) | 2021 | 2020 |  | 2021 | 2020
Specialty Contractors segment revenue by end market: |  |  |  |  |
Mass transit (includes certain transportation and tunneling projects) | $ | 135,971 |  | $ | 179,875 |  |  | $ | 465,179 |  | $ | 447,180 |
Commercial and industrial facilities | 33,897 |  | 41,378 |  |  | 109,283 |  | 115,382 |
Multi-unit residential | 28,054 |  | 39,014 |  |  | 101,498 |  | 103,118 |
Water | 29,161 |  | 20,413 |  |  | 67,829 |  | 46,341 |
Education facilities | 13,876 |  | 12,236 |  |  | 45,657 |  | 39,131 |
Other | 30,104 |  | 29,039 |  |  | 87,635 |  | 87,569 |
Total Specialty Contractors segment revenue | $ | 271,063 |  | $ | 321,955 |  |  | $ | 877,081 |  | $ | 838,721 |
| Three Months Ended September 30, 2021 |  | Three Months Ended September 30, 2020
(in thousands) | Civil | Building | Specialty Contractors | Total |  | Civil | Building | Specialty Contractors | Total
Revenue by customer type: |  |  |  |  |
State and local agencies | $ | 478,720 |  | $ | 99,540 |  | $ | 110,012 |  | $ | 688,272 |  |  | $ | 526,771 |  | $ | 126,448 |  | $ | 155,175 |  | $ | 808,394 |
Federal agencies | 48,680 |  | 50,437 |  | 14,716 |  | 113,833 |  |  | 48,861 |  | 32,392 |  | 29,362 |  | 110,615 |
Private owners | 18,818 |  | 210,964 |  | 146,335 |  | 376,117 |  |  | 36,364 |  | 349,300 |  | 137,418 |  | 523,082 |
Total revenue | $ | 546,218 |  | $ | 360,941 |  | $ | 271,063 |  | $ | 1,178,222 |  |  | $ | 611,996 |  | $ | 508,140 |  | $ | 321,955 |  | $ | 1,442,091 |
| Nine Months Ended September 30, 2021 |  | Nine Months Ended September 30, 2020
(in thousands) | Civil | Building | Specialty Contractors | Total |  | Civil | Building | Specialty Contractors | Total
Revenue by customer type: |  |  |  |  |
State and local agencies | $ | 1,350,555 |  | $ | 268,396 |  | $ | 377,016 |  | $ | 1,995,967 |  |  | $ | 1,426,644 |  | $ | 430,212 |  | $ | 401,671 |  | $ | 2,258,527 |
Federal agencies | 149,648 |  | 150,085 |  | 41,657 |  | 341,390 |  |  | 128,112 |  | 99,013 |  | 50,410 |  | 277,535 |
Private owners | 76,942 |  | 732,353 |  | 458,408 |  | 1,267,703 |  |  | 112,845 |  | 933,700 |  | 386,640 |  | 1,433,185 |
Total revenue | $ | 1,577,145 |  | $ | 1,150,834 |  | $ | 877,081 |  | $ | 3,605,060 |  |  | $ | 1,667,601 |  | $ | 1,462,925 |  | $ | 838,721 |  | $ | 3,969,247 |
| Three Months Ended September 30, 2021 |  | Three Months Ended September 30, 2020
(in thousands) | Civil | Building | Specialty Contractors | Total |  | Civil | Building | Specialty Contractors | Total
Revenue by contract type: |  |  |  |  |
Fixed price | $ | 473,212 |  | $ | 89,895 |  | $ | 235,534 |  | $ | 798,641 |  |  | $ | 484,851 |  | $ | 117,650 |  | $ | 284,534 |  | $ | 887,035 |
Guaranteed maximum price | 502 |  | 219,395 |  | 5,420 |  | 225,317 |  |  | 179 |  | 308,299 |  | 1,923 |  | 310,401 |
Unit price | 71,429 |  | 130 |  | 23,558 |  | 95,117 |  |  | 124,506 |  | 254 |  | 31,191 |  | 155,951 |
Cost plus fee and other | 1,075 |  | 51,521 |  | 6,551 |  | 59,147 |  |  | 2,460 |  | 81,937 |  | 4,307 |  | 88,704 |
Total revenue | $ | 546,218 |  | $ | 360,941 |  | $ | 271,063 |  | $ | 1,178,222 |  |  | $ | 611,996 |  | $ | 508,140 |  | $ | 321,955 |  | $ | 1,442,091 |
| Nine Months Ended September 30, 2021 |  | Nine Months Ended September 30, 2020
(in thousands) | Civil | Building | Specialty Contractors | Total |  | Civil | Building | Specialty Contractors | Total
Revenue by contract type: |  |  |  |  |
Fixed price | $ | 1,353,436 |  | $ | 269,693 |  | $ | 775,292 |  | $ | 2,398,421 |  |  | $ | 1,349,750 |  | $ | 401,957 |  | $ | 743,241 |  | $ | 2,494,948 |
Guaranteed maximum price | 2,270 |  | 737,251 |  | 9,113 |  | 748,634 |  |  | 768 |  | 794,810 |  | 3,850 |  | 799,428 |
Unit price | 212,678 |  | (1,323) |  | 80,558 |  | 291,913 |  |  | 307,654 |  | 1,417 |  | 70,784 |  | 379,855 |
Cost plus fee and other | 8,761 |  | 145,213 |  | 12,118 |  | 166,092 |  |  | 9,429 |  | 264,741 |  | 20,846 |  | 295,016 |
Total revenue | $ | 1,577,145 |  | $ | 1,150,834 |  | $ | 877,081 |  | $ | 3,605,060 |  |  | $ | 1,667,601 |  | $ | 1,462,925 |  | $ | 838,721 |  | $ | 3,969,247 |

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130545-203045 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration