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Detail of Certain Balance Sheet Accounts (Tables)
12 Months Ended
Dec. 31, 2014
Text Block [Abstract]  
Current and Long-Term Allowance for Doubtful Accounts

Activity in Quanta’s current and long-term allowance for doubtful accounts consisted of the following (in thousands):

 

     December 31,  
     2014      2013  

Balance at beginning of year

   $ 5,215       $ 5,447   

Charged to bad debt expense and provision for long-term contract receivable

     103,871         3,236   

Deductions for uncollectible receivables written off, net of recoveries

     (102,912      (3,468
  

 

 

    

 

 

 

Balance at end of year

$ 6,174    $ 5,215   
  

 

 

    

 

 

 


Contracts in Progress

Contracts in progress were as follows (in thousands):

 

     December 31,  
     2014     2013  

Costs incurred on contracts in progress

   $ 6,603,351      $ 6,152,507   

Estimated earnings, net of estimated losses

     1,111,657        943,090   
  

 

 

   

 

 

 
  7,715,008      7,095,597   

Less — Billings to date

  (7,675,674   (7,121,225
  

 

 

   

 

 

 
$ 39,334    $ (25,628
  

 

 

   

 

 

 

Costs and estimated earnings in excess of billings on uncompleted contracts

$ 290,447    $ 213,478   

Less — Billings in excess of costs and estimated earnings on uncompleted contracts

  (251,113   (239,106
  

 

 

   

 

 

 
$ 39,334    $ (25,628
  

 

 

   

 

 

Property and Equipment

Property and equipment consisted of the following (in thousands):

 

     Estimated Useful      December 31,  
     Lives in Years      2014     2013  

Land

     N/A       $ 40,657      $ 30,743   

Buildings and leasehold improvements

     5-30         95,058        77,939   

Operating equipment and vehicles

     5-25         1,460,121        1,199,807   

Fiber optic and related assets

     5-20         431,690        377,551   

Office equipment, furniture and fixtures and information technology systems

     3-15         122,914        107,477   

Construction work in progress

     N/A         69,233        44,030   
     

 

 

   

 

 

 
  2,219,673      1,837,547   

Less — Accumulated depreciation and amortization

  (739,545   (631,939
     

 

 

   

 

 

 

Property and equipment, net

$ 1,480,128    $ 1,205,608   
     

 

 

   

 

 

 


Accounts Payable and Accrued Expenses

Accounts payable and accrued expenses consisted of the following (in thousands):

 

     December 31,  
     2014      2013  

Accounts payable, trade

   $ 487,790       $ 412,601   

Accrued compensation and related expenses

     166,331         163,000   

Accrued insurance, current portion

     49,309         44,608   

Current deferred taxes

     31,014         16,424   

Deferred revenues, current portion

     21,309         22,764   

Income and franchise taxes payable

     20,946         74,499   

Other accrued expenses

     100,637         68,284   
  

 

 

    

 

 

 
$ 877,336    $ 802,180