Revenue (Tables)

9 Months Ended

Sep. 30, 2020

Revenue

Schedule of contract assets

Contract assets consist of the following (in thousands):

	September 30,		December 31,
	2020		2019
Unbilled revenue	$	243,399	$	251,429
Retention receivable		100,708		81,393
Contract materials (not yet installed)		16,992		11,984
	$	361,099	$	344,806

Schedule of contract liabilities

Contract liabilities consist of the following (in thousands):

	September 30,		December 31,
	2020		2019
Deferred revenue	$	244,518	$	186,081
Accrued loss provision		11,503		6,316
	$	256,021	$	192,397

Schedule of revenue disaggregation by various categories

Master Service Agreements (“MSA”) and Non-MSA revenue was as follows (in thousands):

	For the three months ended September 30, 2020
Segment	MSA		Non-MSA		Total
Power	$	35,297	$	177,260	$	212,557
Pipeline		29,403		184,977		214,380
Utilities		230,099		68,885		298,984
Transmission		89,312		24,909		114,221
Civil		624		101,934		102,558
Total	$	384,735	$	557,965	$	942,700

	For the nine months ended September 30, 2020
Segment	MSA		Non-MSA		Total
Power	$	98,897	$	467,329	$	566,226
Pipeline		108,952		586,510		695,462
Utilities		516,711		159,618		676,329
Transmission		263,742		63,211		326,953
Civil		2,152		327,037		329,189
Total	$	990,454	$	1,603,705	$	2,594,159

	For the three months ended September 30, 2019
Segment	MSA		Non-MSA		Total
Power	$	43,680	$	156,977	$	200,657
Pipeline		29,110		104,480		133,590
Utilities		189,606		91,955		281,561
Transmission		103,421		25,363		128,784
Civil		1,074		119,398		120,472
Total	$	366,891	$	498,173	$	865,064

	For the nine months ended September 30, 2019
Segment	MSA		Non-MSA		Total
Power	$	136,564	$	381,646	$	518,210
Pipeline		71,112		334,535		405,647
Utilities		481,439		168,640		650,079
Transmission		316,019		66,562		382,581
Civil		2,949		357,085		360,034
Total	$	1,008,083	$	1,308,468	$	2,316,551

Revenue by contract type was as follows (in thousands):

	For the three months ended September 30, 2020
Segment	Fixed-price		Unit-price		Cost reimbursable (1)		Total
Power	$	66,939	$	1,993	$	143,625	$	212,557
Pipeline		152,301		45,627		16,452		214,380
Utilities		23,117		185,791		90,076		298,984
Transmission		7,480		68,952		37,789		114,221
Civil		12,557		79,761		10,240		102,558
Total	$	262,394	$	382,124	$	298,182	$	942,700

(1) Includes time and material and cost reimbursable plus fee contracts.

	For the nine months ended September 30, 2020
Segment	Fixed-price		Unit-price		Cost reimbursable (1)		Total
Power	$	331,125	$	2,174	$	232,927	$	566,226
Pipeline		191,652		277,788		226,022		695,462
Utilities		77,889		421,436		177,004		676,329
Transmission		33,959		254,761		38,233		326,953
Civil		49,782		249,968		29,439		329,189
Total	$	684,407	$	1,206,127	$	703,625	$	2,594,159

(1) Includes time and material and cost reimbursable plus fee contracts.

	For the three months ended September 30, 2019
Segment	Fixed-price		Unit-price		Cost reimbursable (1)		Total
Power	$	136,040	$	2,954	$	61,663	$	200,657
Pipeline		13,860		21,949		97,781		133,590
Utilities		31,462		165,183		84,916		281,561
Transmission		13,034		110,869		4,881		128,784
Civil		19,957		79,586		20,929		120,472
Total	$	214,353	$	380,541	$	270,170	$	865,064

(1)Includes time and material and cost reimbursable plus fee contracts.

	For the nine months ended September 30, 2019
Segment	Fixed-price		Unit-price		Cost reimbursable (1)		Total
Power	$	316,288	$	13,609	$	188,313	$	518,210
Pipeline		45,196		32,453		327,998		405,647
Utilities		84,349		352,679		213,051		650,079
Transmission		35,748		332,389		14,444		382,581
Civil		61,643		241,985		56,406		360,034
Total	$	543,224	$	973,115	$	800,212	$	2,316,551

(1)Includes time and material and cost reimbursable plus fee contracts.