Segment Information | 9 Months Ended |
Sep. 30, 2013 |
Segment Reporting [Abstract] | |
Segment Information | Segment Information |
We have the following reportable segments: (a) United States electrical construction and facilities services (involving systems for electrical power transmission and distribution; premises electrical and lighting systems; low-voltage systems, such as fire alarm, security and process control; voice and data communication; roadway and transit lighting; and fiber optic lines); (b) United States mechanical construction and facilities services (involving systems for heating, ventilation, air conditioning, refrigeration and clean-room process ventilation; fire protection; plumbing, process and high-purity piping; controls and filtration; water and wastewater treatment and central plant heating and cooling; cranes and rigging; millwrighting; and steel fabrication, erection and welding); (c) United States building services; (d) United States industrial services; and (e) United Kingdom construction and facilities services. The segment “United States building services” principally consists of those operations which provide a portfolio of services needed to support the operation and maintenance of customers’ facilities. The segment "United States industrial services" principally consists of those operations which provide industrial maintenance and services, including those for refineries and petrochemical plants. The United Kingdom construction and facilities services segment performs electrical construction, mechanical construction and facilities services. |
The following tables have been restated in all periods presented to reflect our new reportable segments (see Note 1, "Basis of Presentation" for further information) and represent information about industry segments and geographic areas for the three and nine months ended September 30, 2013 and 2012 (in thousands): |
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| For the three months ended September 30, |
| 2013 | | 2012 |
Revenues from unrelated entities: | | | |
United States electrical construction and facilities services | $ | 340,529 | | | $ | 318,960 | |
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United States mechanical construction and facilities services | 616,403 | | | 593,448 | |
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United States building services | 457,777 | | | 444,510 | |
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United States industrial services | 110,879 | | | 125,412 | |
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Total United States operations | 1,525,588 | | | 1,482,330 | |
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United Kingdom construction and facilities services | 103,479 | | | 123,912 | |
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Total worldwide operations | $ | 1,629,067 | | | $ | 1,606,242 | |
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Total revenues: | | | |
United States electrical construction and facilities services | $ | 347,488 | | | $ | 324,577 | |
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United States mechanical construction and facilities services | 629,481 | | | 603,267 | |
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United States building services | 471,576 | | | 453,490 | |
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United States industrial services | 111,212 | | | 126,867 | |
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Less intersegment revenues | (34,169 | ) | | (25,871 | ) |
Total United States operations | 1,525,588 | | | 1,482,330 | |
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United Kingdom construction and facilities services | 103,479 | | | 123,912 | |
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Total worldwide operations | $ | 1,629,067 | | | $ | 1,606,242 | |
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| For the nine months ended |
September 30, |
| 2013 | | 2012 |
Revenues from unrelated entities: | | | |
United States electrical construction and facilities services | $ | 984,443 | | | $ | 905,343 | |
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United States mechanical construction and facilities services | 1,741,483 | | | 1,794,268 | |
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United States building services | 1,361,392 | | | 1,341,940 | |
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United States industrial services | 335,358 | | | 288,605 | |
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Total United States operations | 4,422,676 | | | 4,330,156 | |
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United Kingdom construction and facilities services | 331,545 | | | 404,642 | |
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Total worldwide operations | $ | 4,754,221 | | | $ | 4,734,798 | |
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Total revenues: | | | |
United States electrical construction and facilities services | $ | 1,000,598 | | | $ | 924,938 | |
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United States mechanical construction and facilities services | 1,780,112 | | | 1,812,683 | |
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United States building services | 1,395,607 | | | 1,361,725 | |
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United States industrial services | 337,282 | | | 290,369 | |
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Less intersegment revenues | (90,923 | ) | | (59,559 | ) |
Total United States operations | 4,422,676 | | | 4,330,156 | |
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United Kingdom construction and facilities services | 331,545 | | | 404,642 | |
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Total worldwide operations | $ | 4,754,221 | | | $ | 4,734,798 | |
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| For the three months ended September 30, |
| 2013 | | 2012 |
Operating income (loss): | | | |
United States electrical construction and facilities services | $ | 23,971 | | | $ | 22,146 | |
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United States mechanical construction and facilities services | 27,421 | | | 30,359 | |
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United States building services | 23,285 | | | 17,690 | |
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United States industrial services | 307 | | | 11,129 | |
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Total United States operations | 74,984 | | | 81,324 | |
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United Kingdom construction and facilities services | 1,136 | | | 1,646 | |
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Corporate administration | (19,532 | ) | | (14,199 | ) |
Restructuring expenses | (2,466 | ) | | (145 | ) |
Total worldwide operations | 54,122 | | | 68,626 | |
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Other corporate items: | | | |
Interest expense | (2,352 | ) | | (1,807 | ) |
Interest income | 235 | | | 381 | |
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Income before income taxes | $ | 52,005 | | | $ | 67,200 | |
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| For the nine months ended |
September 30, |
| 2013 | | 2012 |
Operating income (loss): | | | |
United States electrical construction and facilities services | $ | 68,147 | | | $ | 68,121 | |
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United States mechanical construction and facilities services | 56,809 | | | 82,688 | |
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United States building services | 52,928 | | | 33,653 | |
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United States industrial services | 26,319 | | | 22,617 | |
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Total United States operations | 204,203 | | | 207,079 | |
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United Kingdom construction and facilities services | (2,122 | ) | | 9,090 | |
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Corporate administration | (50,953 | ) | | (44,920 | ) |
Restructuring expenses | (9,642 | ) | | (145 | ) |
Total worldwide operations | 141,486 | | | 171,104 | |
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Other corporate items: | | | |
Interest expense | (5,978 | ) | | (5,460 | ) |
Interest income | 862 | | | 1,165 | |
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Income before income taxes | $ | 136,370 | | | $ | 166,809 | |
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| September 30, | | December 31, |
2013 | 2012 |
Total assets: | | | |
United States electrical construction and facilities services | $ | 338,483 | | | $ | 283,997 | |
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United States mechanical construction and facilities services | 802,528 | | | 785,286 | |
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United States building services | 793,401 | | | 841,938 | |
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United States industrial services | 913,647 | | | 358,350 | |
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Total United States operations | 2,848,059 | | | 2,269,571 | |
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United Kingdom construction and facilities services | 183,172 | | | 214,455 | |
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Corporate administration | 475,528 | | | 623,044 | |
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Total worldwide operations | $ | 3,506,759 | | | $ | 3,107,070 | |
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Included in our corporate administration operating loss for the nine months ended September 30, 2013 is the receipt of an insurance recovery of approximately $2.6 million that was received in January 2013 and is associated with a previously disposed of operation, which is classified as a component of "Cost of sales" on the Condensed Consolidated Statements of Operations. Additionally, included in our corporate administration operating losses for the three and nine months ended September 30, 2013 are $4.7 million and $6.1 million, respectively, of transaction costs associated with the RSI acquisition. |