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Segments and Related Information (Tables)
6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Schedule of Financial Information by Reportable Segment
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
Revenue:
2019
 
2018
 
2019
 
2018
Communications (a)
$
652.6

 
$
618.6

 
$
1,265.4

 
$
1,245.7

Oil and Gas
936.8

 
769.3

 
1,558.1

 
1,305.8

Electrical Transmission
100.4

 
84.5

 
195.3

 
198.5

Power Generation and Industrial
250.2

 
146.0

 
439.6

 
263.6

Other
0.0

 
0.2

 
0.1

 
2.2

Eliminations
(1.0
)
 
(0.8
)
 
(1.2
)
 
(1.2
)
Consolidated revenue
$
1,939.0

 
$
1,617.8

 
$
3,457.3

 
$
3,014.6

(a)
Revenue generated primarily by utilities customers represented 15.4% and 13.6% of Communications segment revenue for the three month periods ended June 30, 2019 and 2018, respectively, and represented 15.5% and 15.7% for the six month periods ended June 30, 2019 and 2018, respectively.
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
EBITDA:
2019
 
2018
 
2019
 
2018
Communications
$
52.4

 
$
73.7

 
$
97.8

 
$
155.8

Oil and Gas
179.3

 
122.7

 
286.7

 
155.7

Electrical Transmission
8.7

 
(2.7
)
 
12.4

 
1.9

Power Generation and Industrial
8.9

 
9.8

 
12.1

 
14.6

Other
6.4

 
6.8

 
12.7

 
12.7

Corporate
(19.2
)
 
(21.6
)
 
(48.7
)
 
(47.5
)
Consolidated EBITDA
$
236.5

 
$
188.7

 
$
373.0

 
$
293.2


 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
Depreciation and Amortization:
2019
 
2018
 
2019
 
2018
Communications
$
15.3

 
$
15.3

 
$
30.0

 
$
29.9

Oil and Gas
34.3

 
26.1

 
68.9

 
51.6

Electrical Transmission
5.2

 
5.1

 
9.7

 
10.4

Power Generation and Industrial
3.3

 
3.6

 
6.4

 
6.6

Other
0.0

 
0.0

 
0.0

 
0.1

Corporate
1.8

 
1.6

 
4.0

 
3.0

Consolidated depreciation and amortization
$
59.9

 
$
51.7

 
$
119.0

 
$
101.6


Reconciliation of Consolidated Income before Income Taxes to EBITDA

 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
EBITDA Reconciliation:
2019
 
2018
 
2019
 
2018
Income before income taxes
$
160.0

 
$
116.2

 
$
215.1

 
$
153.8

Plus:
 
 
 
 
 
 
 
Interest expense, net
16.6

 
20.8

 
38.9

 
37.9

Depreciation and amortization
59.9

 
51.7

 
119.0

 
101.6

Consolidated EBITDA
$
236.5

 
$
188.7

 
$
373.0

 
$
293.2


Schedule of Significant Customers, Revenue Concentration Information
Revenue concentration information for significant customers as a percentage of total consolidated revenue was as follows:
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
Customer:
2019
 
2018
 
2019
 
2018
AT&T (including DIRECTV®) (a)
18%
 
25%
 
20%
 
26%
EQT Corporation (b)
12%
 
19%
 
9%
 
11%
Energy Transfer affiliates (c)
8%
 
15%
 
7%
 
20%

(a)
The Company’s relationship with AT&T is based upon multiple separate master service and other service agreements, including for installation and maintenance services, as well as construction/installation contracts for AT&T’s: (i) wireless business; (ii) wireline/fiber businesses; and (iii) various install-to-the-home businesses, including DIRECTV®. Revenue from AT&T is included in the Communications segment.
(b)
The Company's relationship with EQT Corporation and its affiliates is based upon various construction contracts for pipeline activities. Revenue from EQT Corporation is included in the Oil and Gas segment.
(c)
The Company's relationship with Energy Transfer affiliates is based upon various construction contracts for pipeline activities with Energy Transfer Partners L.P., and its subsidiaries and affiliates, all of which are consolidated by Energy Transfer Equity, L.P. Revenue from Energy Transfer affiliates is included in the Oil and Gas segment.