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Revenue Recognition (Tables)
6 Months Ended
Jun. 30, 2020
Revenue From Contract With Customer [Abstract]  
Disaggregation of Revenue Disaggregation of Revenue

Changes in the three and six months ended June 30, 2020 compared to the prior year period were primarily from the increase of revenue in the health, education, and social programs client market as a result of additional work performed for U.S. government clients, including the ITG acquisition, offset by decreases in revenue from the commercial clients primarily in the consumer and financial services and health, education and social programs markets and decreases in the U.S. state and local clients in the energy, environment, and infrastructure markets. Similarly, for the three and six months ended June 30, 2020 revenue from time-and-materials and cost-based contracts increased while revenue from fixed price contracts decreased compared to the prior year period.

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

 

Dollars

 

 

Percent

 

 

Dollars

 

 

Percent

 

 

Dollars

 

 

Percent

 

 

Dollars

 

 

Percent

 

Client Markets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Energy, environment, and infrastructure

 

$

151,481

 

 

 

43

%

 

$

166,520

 

 

 

45

%

 

$

303,839

 

 

 

43

%

 

$

320,035

 

 

 

45

%

Health, education, and social programs

 

 

148,528

 

 

 

42

%

 

 

134,346

 

 

 

37

%

 

 

291,114

 

 

 

41

%

 

 

256,255

 

 

 

36

%

Safety and security

 

 

31,440

 

 

 

9

%

 

 

30,030

 

 

 

8

%

 

 

63,025

 

 

 

9

%

 

 

59,581

 

 

 

9

%

Consumer and financial services

 

 

22,538

 

 

 

6

%

 

 

35,821

 

 

 

10

%

 

 

54,247

 

 

 

7

%

 

 

72,100

 

 

 

10

%

Total

 

$

353,987

 

 

 

100

%

 

$

366,717

 

 

 

100

%

 

$

712,225

 

 

 

100

%

 

$

707,971

 

 

 

100

%

 

 

 

Three Months Ended

 

 

Six Months Ended June 30,

 

 

 

June 30, 2020

 

 

June 30, 2019

 

 

2020

 

 

2019

 

 

 

Dollars

 

 

Percent

 

 

Dollars

 

 

Percent

 

 

Dollars

 

 

Percent

 

 

Dollars

 

 

Percent

 

Client Type:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. federal government

 

$

170,748

 

 

 

48

%

 

$

141,253

 

 

 

38

%

 

$

326,318

 

 

 

46

%

 

$

273,465

 

 

 

39

%

U.S. state and local government

 

 

57,982

 

 

 

17

%

 

 

73,101

 

 

 

20

%

 

 

119,288

 

 

 

17

%

 

 

138,928

 

 

 

20

%

International government

 

 

18,098

 

 

 

5

%

 

 

31,617

 

 

 

9

%

 

 

41,190

 

 

 

6

%

 

 

58,751

 

 

 

8

%

Total Government

 

 

246,828

 

 

 

70

%

 

 

245,971

 

 

 

67

%

 

 

486,796

 

 

 

69

%

 

 

471,144

 

 

 

67

%

Commercial

 

 

107,159

 

 

 

30

%

 

 

120,746

 

 

 

33

%

 

 

225,429

 

 

 

31

%

 

 

236,827

 

 

 

33

%

Total

 

$

353,987

 

 

 

100

%

 

$

366,717

 

 

 

100

%

 

$

712,225

 

 

 

100

%

 

$

707,971

 

 

 

100

%

 

 

 

Three Months Ended

 

 

Six Months Ended June 30,

 

 

 

June 30, 2020

 

 

June 30, 2019

 

 

2020

 

 

2019

 

 

 

Dollars

 

 

Percent

 

 

Dollars

 

 

Percent

 

 

Dollars

 

 

Percent

 

 

Dollars

 

 

Percent

 

Contract Mix:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Time-and-materials

 

$

168,489

 

 

 

48

%

 

$

167,009

 

 

 

46

%

 

$

336,639

 

 

 

47

%

 

$

322,191

 

 

 

45

%

Fixed price

 

 

123,970

 

 

 

35

%

 

 

146,967

 

 

 

40

%

 

 

257,122

 

 

 

36

%

 

 

281,416

 

 

 

40

%

Cost-based

 

 

61,528

 

 

 

17

%

 

 

52,741

 

 

 

14

%

 

 

118,464

 

 

 

17

%

 

 

104,364

 

 

 

15

%

Total

 

$

353,987

 

 

 

100

%

 

$

366,717

 

 

 

100

%

 

$

712,225

 

 

 

100

%

 

$

707,971

 

 

 

100

%

Schedule of Contract Balances and Changes in Contract Balances Contract Balances:

 

 

 

June 30, 2020

 

 

December 31, 2019

 

 

$ Change

 

 

% Change

 

Contract assets

 

$

150,577

 

 

$

142,337

 

 

$

8,240

 

 

 

5.8

%

Contract liabilities

 

 

(30,135

)

 

 

(37,413

)

 

 

7,278

 

 

 

(19.5

%)

Net contract assets (liabilities)

 

$

120,442

 

 

$

104,924

 

 

$

15,518

 

 

 

14.8

%