XML 44 R33.htm IDEA: XBRL DOCUMENT v3.22.2
Net Revenues (Tables)
6 Months Ended
Jun. 30, 2022
Revenues [Abstract]  
Summary of Disaggregated Net Revenues

The Company disaggregates its net revenues primarily by segment, service type, and country from which revenues are invoiced, as the nature, timing and uncertainty of cash flows are relatively consistent within each of these categories. The following tables provide disclosure of disaggregated net revenues by segment for the three and six months ended June 30, 2022 and 2021. Prior period balances in this table have been recast to reflect current period presentation, as described in Note 2 - "Basis of Presentation and Significant Accounting Policies." Disaggregated net revenues information is as follows:

 

 

 

Three Months Ended June 30, 2022

 

 

 

Safety
Services

 

 

Specialty
Services

 

 

Corporate and
Eliminations

 

 

Consolidated

 

Life Safety

 

$

1,007

 

 

$

—

 

 

$

—

 

 

$

1,007

 

Mechanical

 

 

139

 

 

 

—

 

 

 

—

 

 

 

139

 

Infrastructure / Utility

 

 

—

 

 

 

366

 

 

 

—

 

 

 

366

 

Fabrication

 

 

—

 

 

 

53

 

 

 

—

 

 

 

53

 

Specialty Contracting

 

 

—

 

 

 

99

 

 

 

—

 

 

 

99

 

Corporate and Eliminations

 

 

—

 

 

 

—

 

 

 

(15

)

 

 

(15

)

Net revenues

 

$

1,146

 

 

$

518

 

 

$

(15

)

 

$

1,649

 

 

 

 

Three Months Ended June 30, 2021

 

 

 

Safety
Services

 

 

Specialty
Services

 

 

Corporate and
Eliminations

 

 

Consolidated

 

Life Safety

 

$

403

 

 

$

—

 

 

$

—

 

 

$

403

 

Mechanical

 

 

109

 

 

 

—

 

 

 

—

 

 

 

109

 

Infrastructure / Utility

 

 

—

 

 

 

265

 

 

 

—

 

 

 

265

 

Fabrication

 

 

—

 

 

 

58

 

 

 

—

 

 

 

58

 

Specialty Contracting

 

 

—

 

 

 

153

 

 

 

—

 

 

 

153

 

Corporate and Eliminations

 

 

—

 

 

 

—

 

 

 

(10

)

 

 

(10

)

Net revenues

 

$

512

 

 

$

476

 

 

$

(10

)

 

$

978

 

 

 

 

Six Months Ended June 30, 2022

 

 

 

Safety
Services

 

 

Specialty
Services

 

 

Corporate and
Eliminations

 

 

Consolidated

 

Life Safety

 

$

1,958

 

 

$

—

 

 

$

—

 

 

$

1,958

 

Mechanical

 

 

262

 

 

 

—

 

 

 

—

 

 

 

262

 

Infrastructure / Utility

 

 

—

 

 

 

508

 

 

 

—

 

 

 

508

 

Fabrication

 

 

—

 

 

 

107

 

 

 

—

 

 

 

107

 

Specialty Contracting

 

 

—

 

 

 

315

 

 

 

—

 

 

 

315

 

Corporate and Eliminations

 

 

—

 

 

 

—

 

 

 

(30

)

 

 

(30

)

Net revenues

 

$

2,220

 

 

$

930

 

 

$

(30

)

 

$

3,120

 

 

 

 

Six Months Ended June 30, 2021

 

 

 

Safety
Services

 

 

Specialty
Services

 

 

Corporate and
Eliminations

 

 

Consolidated

 

Life Safety

 

$

771

 

 

$

—

 

 

$

—

 

 

$

771

 

Mechanical

 

 

207

 

 

 

—

 

 

 

—

 

 

 

207

 

Infrastructure / Utility

 

 

—

 

 

 

430

 

 

 

—

 

 

 

430

 

Fabrication

 

 

—

 

 

 

139

 

 

 

—

 

 

 

139

 

Specialty Contracting

 

 

—

 

 

 

251

 

 

 

—

 

 

 

251

 

Corporate and Eliminations

 

 

—

 

 

 

—

 

 

 

(17

)

 

 

(17

)

Net revenues

 

$

978

 

 

$

820

 

 

$

(17

)

 

$

1,781

 

 

 

 

 

Three Months Ended June 30, 2022

 

 

 

Safety
Services

 

 

Specialty
Services

 

 

Corporate and
Eliminations

 

 

Consolidated

 

United States

 

$

534

 

 

$

507

 

 

$

(15

)

 

$

1,026

 

France

 

 

144

 

 

 

—

 

 

 

—

 

 

 

144

 

Other

 

 

468

 

 

 

11

 

 

 

—

 

 

 

479

 

Net revenues

 

$

1,146

 

 

$

518

 

 

$

(15

)

 

$

1,649

 

 

 

 

Three Months Ended June 30, 2021

 

 

 

Safety
Services

 

 

Specialty
Services

 

 

Corporate and
Eliminations

 

 

Consolidated

 

United States

 

$

422

 

 

$

467

 

 

$

(10

)

 

$

879

 

France

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Other

 

 

90

 

 

 

9

 

 

 

—

 

 

 

99

 

Net revenues

 

$

512

 

 

$

476

 

 

$

(10

)

 

$

978

 

 

 

 

Six Months Ended June 30, 2022

 

 

 

Safety
Services

 

 

Specialty
Services

 

 

Corporate and
Eliminations

 

 

Consolidated

 

United States

 

$

1,008

 

 

$

916

 

 

$

(30

)

 

$

1,894

 

France

 

 

292

 

 

 

—

 

 

 

—

 

 

 

292

 

Other

 

 

920

 

 

 

14

 

 

 

—

 

 

 

934

 

Net revenues

 

$

2,220

 

 

$

930

 

 

$

(30

)

 

$

3,120

 

 

 

 

Six Months Ended June 30, 2021

 

 

 

Safety
Services

 

 

Specialty
Services

 

 

Corporate and
Eliminations

 

 

Consolidated

 

United States

 

$

805

 

 

$

807

 

 

$

(17

)

 

$

1,595

 

France

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Other

 

 

173

 

 

 

13

 

 

 

—

 

 

 

186

 

Net revenues

 

$

978

 

 

$

820

 

 

$

(17

)

 

$

1,781

 

Summary of Accounts Receivable, Net of Allowances, Contract Assets and Contract Liabilities from Contracts with Customer

The balances of accounts receivable, net of allowances, contract assets and contract liabilities from contracts with customers as of June 30, 2022 and December 31, 2021 are as follows:

 

 

 

Accounts
receivable,
net of
allowances

 

 

Contract
assets

 

 

Contract
liabilities

 

Balance as of June 30, 2022

 

$

1,232

 

 

$

480

 

 

$

421

 

Balance as of December 31, 2021

 

 

767

 

 

 

217

 

 

 

243