Segment Information

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Segment Reporting

17.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:

	Three months ended
	March 31,
		2020		2019
Marine
Contract revenues	$	85,949	$	61,487
Operating income (loss)	$	2,855	$	(6,456)
Depreciation and amortization expense	$	(4,776)	$	(4,946)
Total assets	$	255,311	$	213,162
Property, plant and equipment, net	$	112,384	$	118,596
Concrete
Contract revenues	$	80,671	$	81,618
Operating income	$	1,510	$	279
Depreciation and amortization expense	$	(2,116)	$	(2,094)
Total assets	$	129,509	$	127,220
Property, plant and equipment, net	$	16,731	$	18,245

There were $2.3 million and less than $0.1 million in intersegment revenues between the Company’s two reportable segments for the three months ended March 31, 2020 and 2019, respectively. The marine segment had foreign revenues of $4.0 million and $0.5 million for the three months ended March 31, 2020 and 2019, respectively. 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.