Segment Information

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Segment Reporting

19.Segment Information

The Company currently operates in two reportable segments: marine and concrete. The Company’s financial reporting systems present various data for management to run the business, including profit and loss statements prepared according to the segments presented. Management uses operating income to evaluate performance between the two segments. Segment information for the periods presented is provided as follows:

	Year Ended		Year Ended
	December 31, 2019		December 31, 2018
Marine
Contract revenues	$	369,138	$	243,883
Operating income (loss)		1,057		(61,012)
Depreciation and amortization expense		(19,889)		(22,657)
Total assets	$	264,681	$	190,503
Property, plant and equipment, net		114,873		128,168
Concrete
Contract revenues	$	339,252	$	277,011
Operating (loss) income		1,136		(39,528)
Depreciation and amortization expense		(8,519)		(9,142)
Total assets	$	130,163	$	122,367
Property, plant and equipment, net		17,475		19,835

There were $1.2 million in intersegment revenues between the Company’s two reportable segments for the year ended December 31, 2019. There were $2.5 million in intersegment revenues between the Company’s two reportable segments for the year ended December 31, 2018. The marine segment had foreign revenues of $11.4 million and $12.2 million, respectively, for the years ended December 31, 2019 and 2018. These revenues are derived from projects in the Caribbean Basin and Mexico and are paid primarily in U.S. dollars. There was no foreign revenue for the concrete segment.