Revenue from contracts with customers (Tables)

6 Months Ended

Jun. 30, 2022

Revenue from Contract with Customer [Abstract]

In the following tables, revenue is disaggregated by the type of customer or service provided. The Company believes this level of disaggregation best depicts how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. The table also includes a reconciliation of the disaggregated revenue by reportable segments. For more information on the Company's business segments, see Note 17.


Three Months Ended June 30, 2022	Electric		Natural gas distribution		Pipeline		Construction materials and contracting		Construction services		Other		Total
	(In thousands)
Residential utility sales	$	29,363	$	116,749	$	—	$	—	$	—	$	—	$	146,112
Commercial utility sales	34,015		72,354		—		—		—		—		106,369
Industrial utility sales	10,923		9,009		—		—		—		—		19,932
Other utility sales	1,880		—		—		—		—		—		1,880
Natural gas transportation	—		11,456		31,967		—		—		—		43,423
Natural gas storage	—		—		2,896		—		—		—		2,896
Contracting services	—		—		—		330,682		—		—		330,682
Construction materials	—		—		—		550,363		—		—		550,363
Intrasegment eliminations	—		—		—		(169,232)		—		—		(169,232)
Electrical & mechanical specialty contracting	—		—		—		—		507,233		—		507,233
Transmission & distribution specialty contracting	—		—		—		—		166,174		—		166,174
Other	10,216		3,751		2,676		—		109		4,389		21,141
Intersegment eliminations	(124)		(141)		(7,792)		(200)		(1,803)		(4,389)		(14,449)
Revenues from contracts with customers	86,273		213,178		29,747		711,613		671,713		—		1,712,524
Revenues out of scope	(812)		(2,738)		66		—		11,881		—		8,397
Total external operating revenues	$	85,461	$	210,440	$	29,813	$	711,613	$	683,594	$	—	$	1,720,921


Three Months Ended June 30, 2021	Electric		Natural gas distribution		Pipeline		Construction materials and contracting		Construction services		Other		Total
	(In thousands)
Residential utility sales	$	29,258	$	83,480	$	—	$	—	$	—	$	—	$	112,738
Commercial utility sales	33,834		47,612		—		—		—		—		81,446
Industrial utility sales	10,354		6,180		—		—		—		—		16,534
Other utility sales	1,825		—		—		—		—		—		1,825
Natural gas transportation	—		11,451		27,685		—		—		—		39,136
Natural gas storage	—		—		3,094		—		—		—		3,094
Contracting services	—		—		—		280,834		—		—		280,834
Construction materials	—		—		—		498,762		—		—		498,762
Intrasegment eliminations	—		—		—		(145,780)		—		—		(145,780)
Electrical & mechanical specialty contracting	—		—		—		—		347,702		—		347,702
Transmission & distribution specialty contracting	—		—		—		—		165,123		—		165,123
Other	9,465		2,794		4,810		—		57		3,389		20,515
Intersegment eliminations	(136)		(142)		(7,862)		(142)		(797)		(3,361)		(12,440)
Revenues from contracts with customers	84,600		151,375		27,727		633,674		512,085		28		1,409,489
Revenues out of scope	(950)		2,413		46		—		12,659		—		14,168
Total external operating revenues	$	83,650	$	153,788	$	27,773	$	633,674	$	524,744	$	28	$	1,423,657


Six Months Ended June 30, 2022	Electric		Natural gas distribution		Pipeline		Construction materials and contracting		Construction services		Other		Total
	(In thousands)
Residential utility sales	$	66,667	$	375,565	$	—	$	—	$	—	$	—	$	442,232
Commercial utility sales	69,615		235,963		—		—		—		—		305,578
Industrial utility sales	21,229		22,033		—		—		—		—		43,262
Other utility sales	3,630		—		—		—		—		—		3,630
Natural gas transportation	—		23,837		63,541		—		—		—		87,378
Natural gas storage	—		—		6,615		—		—		—		6,615
Contracting services	—		—		—		444,949		—		—		444,949
Construction materials	—		—		—		792,095		—		—		792,095
Intrasegment eliminations	—		—		—		(215,266)		—		—		(215,266)
Electrical & mechanical specialty contracting	—		—		—		—		900,041		—		900,041
Transmission & distribution specialty contracting	—		—		—		—		314,640		—		314,640
Other	22,969		6,360		4,386		—		157		8,730		42,602
Intersegment eliminations	(247)		(277)		(33,734)		(330)		(2,861)		(8,730)		(46,179)
Revenues from contracts with customers	183,863		663,481		40,808		1,021,448		1,211,977		—		3,121,577
Revenues out of scope	(4,807)		(2,623)		124		—		23,209		—		15,903
Total external operating revenues	$	179,056	$	660,858	$	40,932	$	1,021,448	$	1,235,186	$	—	$	3,137,480


Six Months Ended June 30, 2021	Electric		Natural gas distribution		Pipeline		Construction materials and contracting		Construction services		Other		Total
	(In thousands)
Residential utility sales	$	62,694	$	286,617	$	—	$	—	$	—	$	—	$	349,311
Commercial utility sales	66,762		167,664		—		—		—		—		234,426
Industrial utility sales	20,383		14,992		—		—		—		—		35,375
Other utility sales	3,391		—		—		—		—		—		3,391
Natural gas transportation	—		23,903		57,102		—		—		—		81,005
Natural gas storage	—		—		7,123		—		—		—		7,123
Contracting services	—		—		—		376,859		—		—		376,859
Construction materials	—		—		—		715,174		—		—		715,174
Intrasegment eliminations	—		—		—		(192,496)		—		—		(192,496)
Electrical & mechanical specialty contracting	—		—		—		—		702,892		—		702,892
Transmission & distribution specialty contracting	—		—		—		—		316,486		—		316,486
Other	19,238		5,803		7,470		—		93		6,730		39,334
Intersegment eliminations	(271)		(284)		(34,092)		(204)		(1,839)		(6,685)		(43,375)
Revenues from contracts with customers	172,197		498,695		37,603		899,333		1,017,632		45		2,625,505
Revenues out of scope	(3,873)		5,299		82		—		24,582		—		26,090
Total external operating revenues	$	168,324	$	503,994	$	37,685	$	899,333	$	1,042,214	$	45	$	2,651,595

Contract balances

The changes in contract assets and liabilities were as follows:


	June 30, 2022		December 31, 2021		Change		Location on Consolidated Balance Sheets
	(In thousands)
Contract assets	$	236,951	$	125,742	$	111,209	Receivables, net
Contract liabilities - current	(167,507)		(179,140)		11,633		Accounts payable
Contract liabilities - noncurrent	(19)		(118)		99		Noncurrent liabilities - other
Net contract assets (liabilities)	$	69,425	$	(53,516)	$	122,941