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Reportable Segments (Tables)
9 Months Ended
Sep. 30, 2018
Reportable Segments  
Schedule of revenue by segment

Revenue by segment for the three and nine months ended September 30, 2018 and 2017 were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the three months ended September 30, 

 

 

 

2018

 

2017

 

 

 

 

 

 

% of

 

 

 

 

% of

 

 

 

 

 

 

Total

 

 

 

 

Total

 

Segment

    

Revenue

    

Revenue

    

Revenue

    

Revenue

 

Power

 

$

181,822

 

20.0%

 

$

154,178

 

25.3%

 

Pipeline

 

 

213,073

 

23.4%

 

 

84,357

 

13.9%

 

Utilities

 

 

269,652

 

29.7%

 

 

246,524

 

40.5%

 

Transmission

 

 

121,526

 

13.4%

 

 

 —

 

0.0%

 

Civil

 

 

122,829

 

13.5%

 

 

123,252

 

20.3%

 

Total

 

$

908,902

 

100.0%

 

$

608,311

 

100.0%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the nine months ended September 30, 

 

 

 

2018

 

2017

 

 

 

 

 

 

% of

 

 

 

 

% of

 

 

 

 

 

 

Total

 

 

 

 

Total

 

Segment

    

Revenue

    

Revenue

    

Revenue

    

Revenue

 

Power

 

$

515,378

 

25.0%

 

$

443,191

 

24.6%

 

Pipeline

 

 

361,261

 

17.5%

 

 

402,425

 

22.4%

 

Utilities

 

 

665,214

 

32.3%

 

 

576,446

 

32.0%

 

Transmission (1)

 

 

163,980

 

7.9%

 

 

 —

 

0.0%

 

Civil

 

 

355,975

 

17.3%

 

 

378,916

 

21.0%

 

Total

 

$

2,061,808

 

100.0%

 

$

1,800,978

 

100.0%

 


(1)

Represents results from the June 1, 2018 acquisition date of Willbros to September 30, 2018.

 

Schedule of gross profit by segment

Gross profit by segment for the three and nine months ended September 30, 2018 and 2017 were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the three months ended September 30, 

 

 

 

2018

 

2017

 

 

    

 

 

    

% of

    

 

 

    

% of

 

 

 

 

 

 

Segment

 

 

 

 

Segment

 

Segment

 

Gross Profit

 

Revenue

 

Gross Profit

 

Revenue

 

Power

 

$

32,077

 

17.6%

 

$

18,842

 

12.2%

 

Pipeline

 

 

24,999

 

11.7%

 

 

12,084

 

14.3%

 

Utilities

 

 

35,348

 

13.1%

 

 

36,081

 

14.6%

 

Transmission

 

 

13,958

 

11.5%

 

 

 —

 

0.0%

 

Civil

 

 

123

 

0.1%

 

 

3,414

 

2.8%

 

Total

 

$

106,505

 

11.7%

 

$

70,421

 

11.6%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the nine months ended September 30, 

 

 

 

2018

 

2017

 

 

 

 

 

 

% of

 

 

 

 

% of

 

 

 

 

 

 

Segment

 

 

 

 

Segment

 

Segment

    

Gross Profit

    

Revenue

    

Gross Profit

    

Revenue

 

Power

 

$

76,674

 

14.9%

 

$

52,498

 

11.8%

 

Pipeline

 

 

43,568

 

12.1%

 

 

79,575

 

19.8%

 

Utilities

 

 

78,963

 

11.9%

 

 

76,701

 

13.3%

 

Transmission (1)

 

 

19,679

 

12.0%

 

 

 —

 

0.0%

 

Civil

 

 

3,600

 

1.0%

 

 

1,183

 

0.3%

 

Total

 

$

222,484

 

10.8%

 

$

209,957

 

11.7%

 


(1)

Represents results from the June 1, 2018 acquisition date of Willbros to September 30, 2018.