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Reportable Operating Segments
6 Months Ended
Jun. 30, 2013
Reportable Operating Segments  
Reportable Operating Segments

Note 20—Reportable Operating Segments

 

The Company segregates its business into three operating segments: the East Construction Services segment, the West Construction Services segment and the Engineering segment.

 

The East Construction Services segment includes the JCG construction business, located primarily in the southeastern United States and the businesses located in the Gulf Coast region of the United States, including Cardinal Contractors, Inc.  The segment also includes the operating results relating to the acquisitions of Sprint, Silva and Saxon in 2012 and FSSI in 2013.

 

The West Construction Services segment includes the construction services performed by ARB, ARB Structures, Inc., Rockford, Alaska Continental Pipeline, Inc., All Day Electric Company, Inc., Primoris Renewables, Inc., Juniper Rock, Inc. and Stellaris, LLC.  While most of the entities perform work primarily in California, Rockford operates throughout the United States and Q3C operates in the upper Midwest United States.  The Blyth joint venture is also included as a part of the segment.

 

The Engineering segment includes the results of Onquest, Inc. and OnQuest Canada, ULC.

 

All intersegment revenues and gross profit, which were immaterial, have been eliminated in the following tables.

 

Segment Revenues

 

Revenue by segment for the three months ended June 30, 2013 and 2012 were as follows:

 

 

 

For the three months ended June 30,

 

 

 

2013

 

2012

 

Segment

 

Revenue

 

% of
Segment
Revenue

 

Revenue

 

% of
Segment
Revenue

 

 

 

 

 

 

 

 

 

 

 

East Construction Services

 

$

175,398

 

39.4

%

$

156,057

 

46.2

%

West Construction Services

 

258,194

 

58.0

%

167,287

 

49.6

%

Engineering

 

11,421

 

2.6

%

14,092

 

4.2

%

Total

 

$

445,013

 

100.0

%

$

337,436

 

100.0

%

 

Revenue by segment for the six months ended June 30, 2013 and 2012 were as follows:

 

 

 

For the six months ended June 30,

 

 

 

2013

 

2012

 

Segment

 

Revenue

 

% of
Segment
Revenue

 

Revenue

 

% of
Segment
Revenue

 

 

 

 

 

 

 

 

 

 

 

East Construction Services

 

$

365,609

 

42.8

%

$

277,907

 

44.2

%

West Construction Services

 

465,880

 

54.4

%

325,318

 

51.7

%

Engineering

 

23,519

 

2.8

%

25,784

 

4.1

%

Total

 

$

855,008

 

100.0

%

$

629,009

 

100.0

%

 

Segment Gross Profit

 

Gross profit by segment for the three months ended June 30, 2013 and 2012 were as follows:

 

 

 

For the three months ended June 30,

 

 

 

2013

 

2012

 

Segment

 

Gross
Profit

 

% of
Segment
Revenue

 

Gross
Profit

 

% of
Segment
Revenue

 

 

 

 

 

 

 

 

 

 

 

East Construction Services

 

$

15,215

 

8.7

%

$

17,360

 

11.1

%

West Construction Services

 

41,926

 

16.2

%

24,294

 

14.5

%

Engineering

 

2,396

 

21.0

%

2,350

 

16.7

%

Total

 

$

59,537

 

13.4

%

$

44,004

 

13.0

%

 

Gross profit by segment for the six months ended June 30, 2013 and 2012 were as follows:

 

 

 

For the six months ended June 30,

 

 

 

2013

 

2012

 

Segment

 

Gross
Profit

 

% of
Segment
Revenue

 

Gross
Profit

 

% of
Segment
Revenue

 

 

 

 

 

 

 

 

 

 

 

East Construction Services 

 

$

30,210

 

8.3

%

$

28,778

 

10.4

%

West Construction Services

 

70,675

 

15.2

%

48,695

 

15.0

%

Engineering

 

4,748

 

20.2

%

4,127

 

16.0

%

Total

 

$

105,633

 

12.4

%

$

81,600

 

13.0

%

 

Segment Goodwill

 

The following presents the amount of goodwill recorded by segment at June 30, 2013 and at December 31, 2012.

 

Segment

 

June 30,
2013

 

December 31,
2012

 

 

 

 

 

 

 

East Construction Services

 

$

70,946

 

$

69,859

 

West Construction Services

 

44,641

 

44,641

 

Engineering

 

2,441

 

2,441

 

Total

 

$

118,028

 

$

116,941

 

 

Geographic Region — Revenues and Total Assets

 

Revenue and total assets by geographic area for the six months ended June 30, 2013 and 2012 were as follows:

 

 

 

Revenues

 

 

 

 

 

 

 

For the six months ended June 30,

 

 

 

 

 

 

 

2013

 

2012

 

Total Assets

 

Country:

 

Revenue

 

% of
Revenue

 

Revenue

 

% of
Revenue

 

June 30,
2013

 

December 31,
2012

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

845,461

 

98.9

%

$

624,293

 

99.3

%

$

914,123

 

$

920,872

 

Non-United States

 

9,547

 

1.1

 

4,716

 

0.7

 

10,962

 

10,335

 

Total

 

$

855,008

 

100.0

%

$

629,009

 

100.0

%

$

925,085

 

$

931,207

 

 

All non-United States revenue has been generated in the Engineering Segment.  For the table above, revenues generated by OnQuest Canada, ULC, were used to determine non-United States revenues.