Revenue (Tables)

9 Months Ended

Sep. 30, 2022

Revenue

Schedule of contract assets

Contract assets consist of the following (in thousands):

	September 30,		December 31,
	2022		2021
Unbilled revenue	$	452,385	$	283,767
Retention receivable		174,505		124,990
Contract materials (not yet installed)		18,835		14,902
	$	645,725	$	423,659

Schedule of contract liabilities

Contract liabilities consist of the following (in thousands):

	September 30,		December 31,
	2022		2021
Deferred revenue	$	249,670	$	234,352
Accrued loss provision		5,854		6,060
	$	255,524	$	240,412

Schedule of revenue disaggregation by various categories

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

	For the three months ended September 30, 2022
Segment	MSA		Non-MSA		Total
Utilities	$	516,363	$	96,645	$	613,008
Energy/Renewables		56,493		543,951		600,444
Pipeline		32,991		37,685		70,676
Total	$	605,847	$	678,281	$	1,284,128

	For the three months ended September 30, 2021
Segment	MSA		Non-MSA		Total
Utilities	$	410,041	$	44,613		454,654
Energy/Renewables		41,133		309,893		351,026
Pipeline		15,457		92,108		107,565
Total	$	466,631	$	446,614	$	913,245

	For the nine months ended September 30, 2022
Segment	MSA		Non-MSA		Total
Utilities	$	1,226,511	$	221,346	$	1,447,857
Energy/Renewables		153,178		1,292,665		1,445,843
Pipeline		71,701		126,060		197,761
Total	$	1,451,390	$	1,640,071	$	3,091,461

	For the nine months ended September 30, 2021
Segment	MSA		Non-MSA		Total
Utilities	$	1,039,743	$	175,344	$	1,215,087
Energy/Renewables		126,997		911,903		1,038,900
Pipeline		51,354		307,843		359,197
Total	$	1,218,094	$	1,395,090	$	2,613,184

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

	For the three months ended September 30, 2022
Segment	Fixed-price		Unit-price		Cost reimbursable (1)		Total
Utilities	$	58,602		397,204	$	157,202	$	613,008
Energy/Renewables		391,887		140,361		68,196		600,444
Pipeline		48,154		12,140		10,382		70,676
Total	$	498,643	$	549,705	$	235,780	$	1,284,128

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

	For the three months ended September 30, 2021
Segment	Fixed-price		Unit-price		Cost reimbursable (1)		Total
Utilities	$	33,280	$	311,191	$	110,183	$	454,654
Energy/Renewables		212,956		65,904		72,166		351,026
Pipeline		68,232		1,142		38,191		107,565
Total	$	314,468	$	378,237	$	220,540	$	913,245

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

	For the nine months ended September 30, 2022
Segment	Fixed-price		Unit-price		Cost reimbursable (1)		Total
Utilities	$	123,742	$	988,477	$	335,638	$	1,447,857
Energy/Renewables		930,271		327,624		187,948		1,445,843
Pipeline		149,798		13,266		34,697		197,761
Total	$	1,203,811	$	1,329,367	$	558,283	$	3,091,461

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

	For the nine months ended September 30, 2021
Segment	Fixed-price		Unit-price		Cost reimbursable (1)		Total
Utilities	$	90,142	$	844,314	$	280,631	$	1,215,087
Energy/Renewables		564,552		231,715		242,633		1,038,900
Pipeline		272,501		2,776		83,920		359,197
Total	$	927,195	$	1,078,805	$	607,184	$	2,613,184

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