Annual report pursuant to Section 13 and 15(d)

Operating Segments (Tables)

v3.19.1
Operating Segments (Tables)
12 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
Segment information for the periods presented is as follows: 
 
 
 
For the Years Ended
 
 
 
December 31, 2018
 
 
December 31, 2017
 
(in thousands)
 
 
 
 
 
 
Statement of Operations Data:
 
 
 
 
 
 
 
 
Revenue:
 
 
 
 
 
 
 
 
Construction
 
$
438,229
 
 
$
391,364
 
Service
 
 
108,297
 
 
 
94,375
 
Total revenue
 
 
546,526
 
 
 
485,739
 
 
 
 
 
 
 
 
 
 
Gross profit:
 
 
 
 
 
 
 
 
Construction
 
 
36,721
 
 
 
44,790
 
Service
 
 
22,710
 
 
 
20,833
 
Total gross profit
 
 
59,431
 
 
 
65,623
 
 
 
 
 
 
 
 
 
 
Selling, general and administrative expenses:
 
 
 
 
 
 
 
 
Construction
 
 
27,307
 
 
 
25,764
 
Service
 
 
15,003
 
 
 
13,888
 
Corporate
 
 
14,779
 
 
 
16,371
 
Total selling, general and administrative expenses
 
 
57,089
 
 
 
56,023
 
Amortization of intangibles
 
 
1,272
 
 
 
3,582
 
Operating income
 
$
1,070
 
 
$
6,018
 
 
 
 
 
 
 
 
 
 
Operating income for reportable segments
 
$
1,070
 
 
$
6,018
 
Less Unallocated amounts:
 
 
 
 
 
 
 
 
Interest expense
 
 
(3,305
)
 
 
(2,034
)
Loss on debt modification
 
 
(335
)
 
 
-
 
Gain (loss) on sale of property and equipment
 
 
90
 
 
 
(121
)
Total unallocated amounts
 
 
(3,550
)
 
 
(2,155
)
Total consolidated income (loss) before income taxes
 
$
(2,480
)
 
$
3,863
 
 
 
 
 
 
 
 
 
 
Other Data:
 
 
 
 
 
 
 
 
Depreciation and amortization:
 
 
 
 
 
 
 
 
Construction
 
$
2,812
 
 
$
3,304
 
Service
 
 
749
 
 
 
1,496
 
Corporate
 
 
2,122
 
 
 
4,318
 
Total other data
 
$
5,683
 
 
$
9,118