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Operating Segments | 6 Months Ended
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Jun. 30, 2018
Segment Reporting [Abstract] |
Segment Reporting Disclosure [Text Block] | Note 13 – Operating Segments The Company determined its operating segments on the same basis that it assesses performance and makes operating decisions. The Company manages and measures the performance of its business in two distinct operating segments: Construction and Service. These segments are reflective of how the Company’s Chief Operating Decision Maker (“CODM”) reviews operating results for the purposes of allocating resources and assessing performance. The Company's CODM is comprised of its Chief Executive Officer, Chief Financial Officer and Chief Operating Officer. The accounting policies of the segments are the same as those described in the summary of significant accounting policies. The CODM evaluates performance based on income from operations of the respective segments after the allocation of Corporate office operating expenses. In accordance with ASC Topic 280 – Segment Reporting, the Company has elected to aggregate all of the construction branches into one Construction reportable segment and all of the service branches into one Service reportable segment. All transactions between segments are eliminated in consolidation. Our Corporate department provides general and administrative support services to our two operating segments. The CODM allocates costs between segments for selling, general and administrative expenses and depreciation expense. All of the Company’s identifiable assets are located in the United States, which is where the Company is domiciled. The Company does not have sales outside the United States. The Company does not identify capital expenditures and total assets, including goodwill, by segment in its internal financial reports due in part to the shared use of a centralized fleet of vehicles and specialized equipment. Interest expense is not allocated to segments because of the corporate management of debt service including interest. Condensed consolidated segment information for the periods presented is as follows:
|  | Three months ended June 30, |
(in thousands) |  | 2018 |  |  | 2017 |
Statement of Operations Data: |  |  |  |  |  |  |  |
Revenue: |  |  |  |  |  |  |  |
Construction |  | $ | 113,735 |  |  | $ | 96,221 |
Service |  |  | 25,796 |  |  |  | 21,617 |
Total revenue |  |  | 139,531 |  |  |  | 117,838 |
Gross profit: |  |  |  |  |  |  |  |
Construction |  |  | 9,501 |  |  |  | 10,979 |
Service |  |  | 6,297 |  |  |  | 4,559 |
Total gross profit |  |  | 15,798 |  |  |  | 15,538 |
Selling, general and administrative expenses: |  |  |  |  |  |  |  |
Construction |  |  | 6,696 |  |  |  | 5,172 |
Service |  |  | 3,345 |  |  |  | 3,551 |
Corporate |  |  | 3,644 |  |  |  | 4,064 |
Total selling, general and administrative expenses |  |  | 13,685 |  |  |  | 12,787 |
Amortization of intangibles |  |  | 336 |  |  |  | 1,016 |
Operating income |  | $ | 1,777 |  |  | $ | 1,735 |
Operating income for reportable segments |  | $ | 1,777 |  |  | $ | 1,735 |
Less unallocated amounts: |  |  |  |  |  |  |  |
Interest expense, net |  |  | (799 | ) |  |  | (563 | )
Gain (loss) on sale of property and equipment |  |  | 24 |  |  |  | (99 | )
Total unallocated amounts |  |  | (775 | ) |  |  | (662 | )
Total consolidated income before income taxes |  | $ | 1,002 |  |  | $ | 1,073 |
Other Data: |  |  |  |  |  |  |  |
Depreciation and amortization: |  |  |  |  |  |  |  |
Construction |  | $ | 704 |  |  | $ | 1,001 |
Service |  |  | 192 |  |  |  | 503 |
Corporate |  |  | 531 |  |  |  | 1,208 |
Total other data |  | $ | 1,427 |  |  | $ | 2,712 |
|  | Six months ended June 30, |
(in thousands) |  | 2018 |  |  | 2017 |
Statement of Operations Data: |  |  |  |  |  |  |  |
Revenue: |  |  |  |  |  |  |  |
Construction |  | $ | 210,545 |  |  | $ | 187,686 |
Service |  |  | 49,535 |  |  |  | 45,342 |
Total revenue |  |  | 260,080 |  |  |  | 233,028 |
Gross profit: |  |  |  |  |  |  |  |
Construction |  |  | 18,772 |  |  |  | 19,928 |
Service |  |  | 10,313 |  |  |  | 9,378 |
Total gross profit |  |  | 29,085 |  |  |  | 29,306 |
Selling, general and administrative expenses: |  |  |  |  |  |  |  |
Construction |  |  | 14,455 |  |  |  | 12,453 |
Service |  |  | 7,471 |  |  |  | 7,002 |
Corporate |  |  | 7,425 |  |  |  | 7,898 |
Total selling, general and administrative expenses |  |  | 29,351 |  |  |  | 27,353 |
Amortization of intangibles |  |  | 671 |  |  |  | 2,024 |
Operating loss |  | $ | (937 | ) |  | $ | (71 | )
Operating loss for reportable segments |  | $ | (937 | ) |  | $ | (71 | )
Less unallocated amounts: |  |  |  |  |  |  |  |
Interest expense, net |  |  | (1,568 | ) |  |  | (1,017 | )
Gain (loss) on sale of property and equipment |  |  | 40 |  |  |  | (136 | )
Total unallocated amounts |  |  | (1,528 | ) |  |  | (1,153 | )
Total consolidated loss before income taxes |  | $ | (2,465 | ) |  | $ | (1,224 | )
Other Data: |  |  |  |  |  |  |  |
Depreciation and amortization: |  |  |  |  |  |  |  |
Construction |  | $ | 1,370 |  |  | $ | 1,979 |
Service |  |  | 372 |  |  |  | 992 |
Corporate |  |  | 1,056 |  |  |  | 2,388 |
Total other data |  | $ | 2,798 |  |  | $ | 5,359 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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