Segment Information

3 Months Ended

Mar. 31, 2021

Segment Reporting [Abstract]

Segment Information

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,
	2021			2020
Marine
Contract revenues	$	72,146		$	85,949
Operating income		(9)			2,855
Depreciation and amortization expense		(4,358)			(4,776)
Total assets	$	268,345		$	255,311
Property and equipment, net		106,071			112,384
Concrete
Contract revenues	$	81,163		$	80,671
Operating income		2,064			1,510
Depreciation and amortization expense		(2,127)			(2,116)
Total assets	$	126,510		$	129,509
Property and equipment, net		14,808			16,731

There were less than $0.1 million and $2.3 million in intersegment revenues between the Company’s two reportable segments for the three months ended March 31, 2021 and 2020, respectively. The marine segment had foreign revenues of $2.4 million and $4.0 million for the three months ended March 31, 2021 and 2020, 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.