Revenue (Tables)

6 Months Ended

Jun. 30, 2022

Revenue

Schedule of contract assets

Contract assets consist of the following (in thousands):

	June 30,		December 31,
	2022		2021
Unbilled revenue	$	336,604	$	283,767
Retention receivable		127,847		124,990
Contract materials (not yet installed)		20,273		14,902
	$	484,724	$	423,659

Schedule of contract liabilities

Contract liabilities consist of the following (in thousands):

	June 30,		December 31,
	2022		2021
Deferred revenue	$	243,131	$	234,352
Accrued loss provision		7,094		6,060
	$	250,225	$	240,412

Schedule of revenue disaggregation by various categories

The following tables present our revenue disaggregated into various categories.

MSA and Non-MSA revenue was as follows (in thousands):

	For the three months ended June 30, 2022
Segment	MSA		Non-MSA		Total
Utilities	$	419,782	$	56,339	$	476,121
Energy/Renewables		51,451		434,898		486,349
Pipeline		25,015		35,463		60,478
Total	$	496,248	$	526,700	$	1,022,948

	For the three months ended June 30, 2021
Segment	MSA		Non-MSA		Total
Utilities	$	351,735	$	73,686		425,421
Energy/Renewables		43,278		291,732		335,010
Pipeline		18,187		102,992		121,179
Total	$	413,200	$	468,410	$	881,610

	For the six months ended June 30, 2022
Segment	MSA		Non-MSA		Total
Utilities	$	710,148	$	124,701	$	834,849
Energy/Renewables		96,685		748,714		845,399
Pipeline		38,710		88,375		127,085
Total	$	845,543	$	961,790	$	1,807,333

	For the six months ended June 30, 2021
Segment	MSA		Non-MSA		Total
Utilities	$	629,702	$	130,731	$	760,433
Energy/Renewables		85,864		602,010		687,874
Pipeline		35,897		215,735		251,632
Total	$	751,463	$	948,476	$	1,699,939

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

	For the three months ended June 30, 2022
Segment	Fixed-price		Unit-price		Cost reimbursable (1)		Total
Utilities	$	33,623	$	348,964	$	93,534	$	476,121
Energy/Renewables		319,363		104,691		62,295		486,349
Pipeline		46,491		461		13,526		60,478
Total	$	399,477	$	454,116	$	169,355	$	1,022,948

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

	For the three months ended June 30, 2021
Segment	Fixed-price		Unit-price		Cost reimbursable (1)		Total
Utilities	$	29,346	$	303,380	$	92,695	$	425,421
Energy/Renewables		163,362		87,068		84,580		335,010
Pipeline		91,112		969		29,098		121,179
Total	$	283,820	$	391,417	$	206,373	$	881,610

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

	For the six months ended June 30, 2022
Segment	Fixed-price		Unit-price		Cost reimbursable (1)		Total
Utilities	$	65,140		591,273		178,436	$	834,849
Energy/Renewables		538,384		187,263		119,752		845,399
Pipeline		101,644		1,126		24,315		127,085
Total	$	705,168	$	779,662	$	322,503	$	1,807,333

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

	For the six months ended June 30, 2021
Segment	Fixed-price		Unit-price		Cost reimbursable (1)		Total
Utilities	$	56,862	$	533,123	$	170,448	$	760,433
Energy/Renewables		351,596		165,811		170,467		687,874
Pipeline		204,269		1,634		45,729		251,632
Total	$	612,727	$	700,568	$	386,644	$	1,699,939

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