Matrix Service (MTRX) 10-Q 8 Nov 13 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Sep. 30, 2013	Nov. 01, 2013
Document Documentand Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Sep-13	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'
Trading Symbol	'MTRX	'
Entity Registrant Name	'MATRIX SERVICE CO	'
Entity Central Index Key	'0000866273	'
Current Fiscal Year End Date	'--06-30	'
Entity Filer Category	'Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	26,193,467

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Income (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Income Statement [Abstract]	'	'
Revenues	$226,217	$209,608
Cost of revenues	200,741	187,364
Gross profit	25,476	22,244
Selling, general and administrative expenses	14,714	14,320
Operating income	10,762	7,924
Other income (expense):	'	'
Interest expense	-223	-183
Interest income	5	8
Other	-88	57
Income before income tax expense	10,456	7,806
Provision for federal, state and foreign income taxes	3,904	3,122
Net income	$6,552	$4,684
Basic earnings per common share (US$ per share)	$0.25	$0.18
Diluted earnings per common share (US$ per share)	$0.25	$0.18
Weighted average common shares outstanding:	'	'
Basic (shares)	26,116	25,788
Diluted (shares)	26,647	26,148

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Comprehensive Income (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Statement of Comprehensive Income [Abstract]	'	'
Net income	$6,552	$4,684
Other comprehensive income (loss), net of tax:	'	'
Foreign currency translation adjustments	302	467
Comprehensive income	$6,854	$5,151

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Sep. 30, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$79,762	$63,750
Accounts receivable, less allowances (September 30, 2013-$70 and June 30, 2013-$795)	150,473	140,840
Costs and estimated earnings in excess of billings on uncompleted contracts	66,678	73,773
Deferred income taxes	6,063	5,657
Inventories	3,172	2,988
Income Taxes Receivable, Current	0	3,032
Other current assets	6,662	6,234
Total current assets	312,810	296,274
Property, plant and equipment at cost:	'	'
Land and buildings	29,667	29,649
Construction equipment	71,132	69,998
Transportation equipment	37,126	34,366
Office equipment and software	18,763	18,426
Construction in progress	9,559	9,080
Property, plant and equipment at cost, gross	166,247	161,519
Accumulated depreciation	-92,920	-90,218
Property, plant and equipment at cost, net	73,327	71,301
Goodwill	30,887	30,836
Other intangible assets	7,378	7,551
Other assets	4,586	4,016
Total assets	428,988	409,978
Current liabilities:	'	'
Accounts payable	67,799	68,961
Billings on uncompleted contracts in excess of costs and estimated earnings	75,783	62,848
Accrued wages and benefits	17,850	21,919
Accrued insurance	7,651	7,599
Income taxes payable	601	0
Other accrued expenses	2,558	3,039
Total current liabilities	172,242	164,366
Deferred income taxes	7,844	7,450
Long-term Debt, Excluding Current Maturities	2,426	0
Total liabilities	182,512	171,816
Commitments and contingencies	'	'
Stockholders' equity:	'	'
Common stock-$.01 par value; 60,000,000 shares authorized; 27,888,217 shares issued as of September 30, 2013, and June 30, 2013	279	279
Additional paid-in capital	119,063	118,190
Retained earnings	147,979	141,427
Accumulated other comprehensive income	529	227
Stockholders' Equity before Treasury Stock, Total	267,850	260,123
Less: Treasury stock, at cost - 1,746,259 shares as of September 30, 2013, and 1,779,593 shares as of June 30, 2013	-21,374	-21,961
Total stockholders' equity	246,476	238,162
Total liabilities and stockholders' equity	$428,988	$409,978

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Sep. 30, 2013	Jun. 30, 2013
In Thousands, except Share data, unless otherwise specified
Accounts receivable, allowances	$70	$795
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	60,000,000	60,000,000
Common stock, shares issued	27,888,217	27,888,217
Treasury stock, shares	1,746,259	1,779,593

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Cash Flows (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Operating activities:	'	'
Net income	$6,552	$4,684
Adjustments to reconcile net income to net cash provided (used) by operating activities:	'	'
Depreciation and amortization	3,720	2,826
Deferred income tax	-111	98
Gain on sale of property, plant and equipment	-36	-33
Allowance for uncollectible accounts	-13	705
Stock-based compensation expense	1,087	866
Other	49	8
Changes in operating assets and liabilities increasing (decreasing) cash:	'	'
Accounts receivable	-9,620	-49,515
Increase (Decrease) in Cost in Excess of Billing on Uncompleted Contract	-7,095	9,036
Inventories	-184	-785
Other assets	-1,048	-1,292
Accounts payable	-1,111	12,541
Billings on uncompleted contracts in excess of costs and estimated earnings	12,935	15,344
Accrued expenses	-865	2,591
Net cash provided (used) by operating activities	18,450	-20,998
Investing activities:	'	'
Acquisition of property, plant and equipment	-5,763	-5,092
Proceeds from asset sales	279	37
Net cash used by investing activities	-5,484	-5,055
Financing activities:	'	'
Issuances of common stock	356	61
Capital lease payments	0	-22
Excess tax benefit of exercised stock options and vesting of deferred shares	4	30
Advances under credit agreement	8,975	7,828
Repayments of advances under credit agreement	-6,549	-4,473
Treasury shares purchased by Employee Stock Purchase Plan	18	8
Other treasury share purchases	-4	-350
Net cash provided (used) by financing activities	2,800	3,082
Effect of exchange rate changes on cash	246	415
Net decrease in cash and cash equivalents	16,012	-22,556
Cash and cash equivalents, beginning of period	63,750	39,726
Cash and cash equivalents, end of period	79,762	17,170
Supplemental disclosure of cash flow information:	'	'
Income taxes	58	776
Interest	146	126
Non-cash investing and financing activities:	'	'
Purchases of property, plant and equipment on account	$1,095	$649

Condensed_Consolidated_Stateme3

Condensed Consolidated Statements of Changes in Stockholders' Equity (USD $)	Total	Common Stock	Additional Paid-In Capital	Retained Earnings	Treasury Stock	Accumulated Other Comprehensive Income (Loss)
In Thousands
Balances, beginning at Jun. 30, 2012	$211,097	$279	$116,693	$117,419	($24,065)	$771
Net income	4,684	'	'	4,684	'	'
Other comprehensive loss	467	'	'	'	'	467
Exercise of stock options (31,800 and 16,600 shares for three month period ended September 30, 2013 and 2012, respectively)	61	'	18	'	43	'
Tax effect of exercised stock options and vesting of deferred shares	-10	'	-10	'	'	'
Issuance of deferred shares (644 and 106,394 shares for three month period ended September 30, 2013 and 2012, respectively)	0	'	-276	'	276	'
Treasury shares sold to Employee Stock Purchase Plan (1,127 and 686 shares for three month period ended September 30, 2013 and 2012, respectively)	8	'	6	'	2	'
Other treasury share purchases (237 and 33,454 shares for three month period ended September 30, 2013 and 2012, respectively)	-350	'	'	'	-350	'
Stock-based compensation expense	866	'	866	'	'	'
Balances, ending at Sep. 30, 2012	216,823	279	117,297	122,103	-24,094	1,238
Balances, beginning at Jun. 30, 2013	238,162	279	118,190	141,427	-21,961	227
Net income	6,552	'	'	6,552	'	'
Other comprehensive loss	302	'	'	'	'	302
Exercise of stock options (31,800 and 16,600 shares for three month period ended September 30, 2013 and 2012, respectively)	356	'	-204	'	560	'
Tax effect of exercised stock options and vesting of deferred shares	3	'	3	'	'	'
Issuance of deferred shares (644 and 106,394 shares for three month period ended September 30, 2013 and 2012, respectively)	0	'	-11	'	11	'
Treasury shares sold to Employee Stock Purchase Plan (1,127 and 686 shares for three month period ended September 30, 2013 and 2012, respectively)	18	'	-2	'	20	'
Other treasury share purchases (237 and 33,454 shares for three month period ended September 30, 2013 and 2012, respectively)	-4	'	'	'	-4	'
Stock-based compensation expense	1,087	'	1,087	'	'	'
Balances, ending at Sep. 30, 2013	$246,476	$279	$119,063	$147,979	($21,374)	$529

Condensed_Consolidated_Stateme4

Condensed Consolidated Statements of Changes in Stockholders' Equity (Parenthetical)	3 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Exercise of stock options, shares	31,800	16,600
Employee Stock Purchase Plan, shares	1,127	686
Issuance of deferred shares, shares	644	106,394
Other treasury shares purchases, shares	237	33,454

Basis_of_Presentation_Notes

Basis of Presentation (Notes)	3 Months Ended
	Sep. 30, 2013
Text Block [Abstract]	'
Basis of Presentation	'
	Basis of Presentation
	The condensed consolidated financial statements include the accounts of Matrix Service Company (“Matrix”, “we”, “our”, “us”, “its” or the “Company”) and its subsidiaries, all of which are wholly owned. Intercompany balances and transactions have been eliminated in consolidation.
	The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with Rule 10-01 of Regulation S-X for interim financial statements required to be filed with the Securities and Exchange Commission and do not include all information and footnotes required by generally accepted accounting principles for complete financial statements. However, the information furnished reflects all adjustments, consisting of normal recurring adjustments and other adjustments described herein, that are, in the opinion of management, necessary for a fair statement of the results of operations, cash flows and financial position for the interim periods presented. The accompanying condensed financial statements should be read in conjunction with the audited financial statements for the year ended June 30, 2013, included in the Company’s Annual Report on Form 10-K for the year then ended.
	The Company’s business is cyclical due to the scope and timing of projects released by our customers. Therefore, results from year to year can vary. Turnarounds and planned outages at customer facilities are typically scheduled in the spring and the fall when the demand is lower. As a result, quarterly operating results can exhibit seasonal fluctuations, especially in our Oil Gas & Chemical segment. We typically see a lower level of operating activity relating to construction projects during the winter months and early in the calendar year because many of our customers’ capital budgets have not been finalized. Our business can also be affected both positively and negatively by seasonal factors such as energy demand or weather conditions, including hurricanes, snowstorms, and abnormally low or high temperatures. Accordingly, results for any interim period may not necessarily be indicative of future operating results.

Uncompleted_Contracts_Notes

Uncompleted Contracts (Notes)	3 Months Ended
	Sep. 30, 2013
Disclosure Customer Contracts Additional Information [Abstract]	'
Uncompleted Contracts	'
	Uncompleted Contracts
	Contract terms of the Company’s construction contracts generally provide for progress billings based on project milestones. The excess of costs incurred and estimated earnings over amounts billed on uncompleted contracts is reported as a current asset. The excess of amounts billed over costs incurred and estimated earnings recognized on uncompleted contracts is reported as a current liability. Gross and net amounts on uncompleted contracts are as follows:
		September 30,			June 30,
		2013			2013
		(in thousands)
	Costs incurred and estimated earnings recognized on uncompleted contracts	$	848,334		$	802,588
	Billings on uncompleted contracts	857,439			791,663
		$	(9,105	)	$	10,925
	Shown on balance sheet as:
	Costs and estimated earnings in excess of billings on uncompleted contracts	$	66,678		$	73,773
	Billings on uncompleted contracts in excess of costs and estimated earnings	75,783			62,848
		$	(9,105	)	$	10,925
	Progress billings in accounts receivable at September 30, 2013 and June 30, 2013 included retentions to be collected within one year of $23.7 million and $19.9 million, respectively. Contract retentions collectible beyond one year totaled $3.6 million at September 30, 2013 and $3.1 million at June 30, 2013.
	SME Receivables
	The Company continues to pursue collection of a certain receivable acquired in connection with the purchase of S.M. Electric Company, Inc. in February 2009. The recorded values at September 30, 2013 include $0.7 million in claim receivables, which represents the Company’s best estimate of the amount to be collected under a claim, and an additional $2.9 million for amounts due under the related contract. Recovering the remaining receivables will require mediation or litigation and the ultimate amount realized may be significantly different than the recorded amounts, which could result in a material adjustment to future earnings.
	Other
	There were no changes in estimates that caused a material impact to our results of operations during the periods presented herein.

Intangible_Assets_Including_Go

Intangible Assets Including Goodwill (Notes)	3 Months Ended
	Sep. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
Intangible Assets Including Goodwill	'
	Intangible Assets Including Goodwill
	Goodwill
	The changes in the carrying value of goodwill by segment are as follows:
		Electrical				Oil Gas &				Storage				Industrial			Total
		Infrastructure				Chemical				Solutions
		(In thousands)
	Goodwill	$	29,666			$	8,088			$	10,985			$	7,097		$	55,836
	Cumulative impairment loss (A)	(17,653		)		(3,000		)		(922		)		(3,425		)	(25,000		)
	Net balance at June 30, 2013	12,013				5,088				10,063				3,672			30,836
	Translation adjustment (B)	—				—				51				—			51
	Net balance at September 30, 2013	$	12,013			$	5,088			$	10,114			$	3,672		$	30,887
	(A)	A $25.0 million impairment charge was recorded in February 2005 as a result of the Company’s operating performance in fiscal 2005.
	(B)	The translation adjustment relates to the periodic translation of Canadian Dollar denominated goodwill recorded as a part of a prior Canadian acquisition.
	Other Intangible Assets
	Information on the carrying value of other intangible assets is as follows:
				At September 30, 2013
		Useful Life		Gross Carrying				Accumulated				Net Carrying
				Amount				Amortization				Amount
		(Years)		(In thousands)
	Intellectual property	6 to 15		$	2,460			$	(795	)		$	1,665
	Customer based	1 to 15		4,250				(626		)		3,624
	Non-compete agreements	3 to 5		808				(326		)		482
	Trade Name	5		165				(8		)		157
	Total amortizing intangibles			7,683				(1,755		)		5,928
	Trade name	Indefinite		1,450				—				1,450
	Total intangible assets			$	9,133			$	(1,755	)		$	7,378
				At June 30, 2013
		Useful Life		Gross Carrying				Accumulated				Net Carrying
				Amount				Amortization				Amount
		(Years)		(In thousands)
	Intellectual property	6 to 15		$	2,460			$	(753	)		$	1,707
	Customer based	1 to 15		4,250				(542		)		3,708
	Non-compete agreements	3 to 5		808				(287		)		521
	Trade Name	5		165				—				165
	Total amortizing intangibles			7,683				(1,582		)		6,101
	Trade name	Indefinite		1,450				—				1,450
	Total intangible assets			$	9,133			$	(1,582	)		$	7,551
	Amortization expense totaled $0.2 million in the three months ended September 30, 2013 and $0.1 million in the three months ended September 30, 2012. Amortization expense is expected to be $0.7 million annually in fiscal years 2014 through 2016, and $0.6 million in fiscal years 2017 and 2018.

Debt_Notes

Debt (Notes)	3 Months Ended
	Sep. 30, 2013
Debt Disclosure [Abstract]	'
Debt	'
	Debt
	The Company has a five-year, $125.0 million senior secured revolving credit facility (the “Credit Agreement”) that expires November 7, 2016. Advances under the Credit Agreement may be used for working capital, issuance of letters of credit and other lawful corporate purposes.
	The Credit Agreement includes the following covenants and borrowing limitations:
	•	Our Senior Leverage Ratio, as defined in the agreement, may not exceed 2.50 to 1.00 as of the end of each fiscal quarter.
	•	We are required to maintain a Fixed Charge Coverage Ratio, as defined in the agreement, greater than or equal to 1.25 to 1.00 as of the end of each fiscal quarter.
	•	Asset dispositions (other than inventory and obsolete or unneeded equipment disposed of in the ordinary course of business) are limited to $15.0 million per 12-month period.
	Amounts borrowed under the Credit Agreement bear interest at LIBOR or an Alternate Base Rate, plus in each case, an additional margin based on the Senior Leverage Ratio. The additional margin on Alternate Base Rate and LIBOR-based loans ranges between 0.75% and 1.5% and between 1.75% and 2.5%, respectively.
	The Credit Agreement also permits us to borrow in Canadian dollars with a sublimit of U.S. $15.0 million. Amounts borrowed in Canadian dollars will bear interest either at the CDOR Rate, plus an additional margin based on the Senior Leverage Ratio ranging from 1.75% to 2.5%, or at the Canadian Prime Rate, plus an additional margin based on the Senior Leverage Ratio ranging from 2.25% to 3.0%. The CDOR Rate is equal to the sum of the annual rate of interest, which is the rate determined as being the arithmetic average of the quotations of all institutions listed in respect of the relevant CDOR interest period for Canadian Dollar denominated bankers’ acceptances, plus 0.1%. The Canadian Prime Rate is equal to the greater of (i) the rate of interest per annum most recently announced or established by JPMorgan Chase Bank, N.A., Toronto Branch as its reference rate in effect on such day for determining interest rates for Canadian Dollar denominated commercial loans in Canada and (ii) the CDOR Rate plus 1.0%.
	The Unused Credit Facility Fee is between 0.30% and 0.45% based on the Senior Leverage Ratio.
	The Credit Agreement includes a Senior Leverage Ratio covenant which provides that Consolidated Funded Indebtedness, as of the end of any fiscal quarter, may not exceed 2.5 times Consolidated EBITDA, as defined in the Credit Agreement, over the previous four quarters. For the four quarters ended September 30, 2013, Consolidated EBITDA, as defined in the Credit Agreement, was $57.1 million. Accordingly, at September 30, 2013, the Company had full availability of the $125.0 million credit facility. Consolidated Funded Indebtedness at September 30, 2013 was $9.2 million.
	Availability under the senior credit facility was as follows:
		September 30,		June 30,
		2013		2013
		(In thousands)
	Senior credit facility	$	125,000	$	125,000
	Borrowings outstanding	2,426		—
	Letters of credit	13,625		13,372
	Availability under the senior credit facility	$	108,949	$	111,628
	The Company is in compliance with all affirmative, negative, and financial covenants under the Credit Agreement.

Income_Taxes_Notes

Income Taxes (Notes)	3 Months Ended
	Sep. 30, 2013
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	Income Taxes
	The Company complies with ASC 740, “Income Taxes”. Deferred income taxes are computed using the liability method whereby deferred tax assets and liabilities are recognized based on temporary differences between the financial and tax basis of assets and liabilities using presently enacted tax rates. Valuation allowances are established against deferred tax assets to the extent management believes that it is not probable the assets will be recovered.
	The Company provides for income taxes regardless of whether it has received a tax assessment. Taxes are provided when it is considered probable that additional taxes will be due in excess of amounts included in the tax return. The Company regularly reviews exposure to additional income taxes due, and as further information is known or events occur, adjustments may be recorded.

Commitments_and_Contingencies_

Commitments and Contingencies (Notes)	3 Months Ended
	Sep. 30, 2013
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies	'
	Commitments and Contingencies
	Insurance Reserves
	The Company maintains insurance coverage for various aspects of its operations. However, exposure to potential losses is retained through the use of deductibles, self-insured retentions and coverage limits.
	Typically our contracts require us to indemnify our customers for injury, damage or loss arising from the performance of our services and provide warranties for materials and workmanship. The Company may also be required to name the customer as an additional insured up to the limits of insurance available, or we may be required to purchase special insurance policies or surety bonds for specific customers or provide letters of credit in lieu of bonds to satisfy performance and financial guarantees on some projects. Matrix maintains a performance and payment bonding line sufficient to support the business. The Company generally requires its subcontractors to indemnify the Company and the Company’s customer and name the Company as an additional insured for activities arising out of the subcontractors’ work. We also require certain subcontractors to provide additional insurance policies, including surety bonds in favor of the Company, to secure the subcontractors’ work or as required by the subcontract.
	There can be no assurance that our insurance and the additional insurance coverage provided by our subcontractors will fully protect us against a valid claim or loss under the contracts with our customers.
	Unapproved Change Orders and Claims
	Costs and estimated earnings in excess of billings on uncompleted contracts included revenues for unapproved change orders and claims of $10.3 million at September 30, 2013 and $9.1 million at June 30, 2013. Generally, collection of amounts related to unapproved change orders and claims is expected within twelve months. However, since customers may not pay these amounts until final resolution of related claims, collection of these amounts may extend beyond one year.
	Other
	The Company and its subsidiaries are participants in various legal actions. It is the opinion of management that none of the known legal actions will have a material impact on the Company’s financial position, results of operations or liquidity.

Earnings_per_Common_Share_Note

Earnings per Common Share (Notes)	3 Months Ended
	Sep. 30, 2013
Earnings Per Share [Abstract]	'
Earnings per Common Share	'
	Earnings per Common Share
	Basic earnings per share (“Basic EPS”) is calculated based on the weighted average shares outstanding during the period. Diluted earnings per share (“Diluted EPS”) includes the dilutive effect of stock options and nonvested deferred shares.
	The computation of basic and diluted earnings per share is as follows:
		Three Months Ended
		September 30,			September 30,
		2013			2012
		(In thousands, except per share data)
	Basic EPS:
	Net income	$	6,552		$	4,684
	Weighted average shares outstanding	26,116			25,788
	Basic EPS	$	0.25		$	0.18
	Diluted EPS:
	Weighted average shares outstanding – basic	26,116			25,788
	Dilutive stock options	137			70
	Dilutive nonvested deferred shares	394			290
	Diluted weighted average shares	26,647			26,148
	Diluted EPS	$	0.25		$	0.18
	The following securities are considered antidilutive and have been excluded from the calculation of Diluted EPS:
		Three Months Ended
		September 30,		September 30,
		2013		2012
		(In thousands)
	Stock options	—		327
	Nonvested deferred shares	60		32
	Total antidilutive securities	60		359

Segment_Information_Notes

Segment Information (Notes)	3 Months Ended
	Sep. 30, 2013
Segment Reporting [Abstract]	'
Segment Information	'
	Segment Information
	We operate our business through four reportable segments: Electrical Infrastructure, Oil Gas & Chemical, Storage Solutions, and Industrial.
	The Electrical Infrastructure segment primarily encompasses high voltage services to investor owned utilities, including construction of new substations, upgrades of existing substations, short-run transmission line installations, distribution upgrades and maintenance, and storm restoration services. We also provide construction and maintenance services to a variety of power generation facilities, such as combined cycle plants, coal fired power stations, and renewable energy installations.
	The Oil Gas & Chemical segment includes our traditional turnaround activities, plant maintenance services and construction in the downstream petroleum industry. Another key offering is industrial cleaning services, which include hydroblasting, hydroexcavating, chemical cleaning and vacuum services. We also perform work in the industrial and natural gas, gas processing and compression, and upstream petroleum markets.
	The Storage Solutions segment includes new construction of crude and refined products aboveground storage tanks, as well as planned and emergency maintenance services. Also included in the Storage Solutions segment is work related to specialty storage tanks including liquefied natural gas (“LNG”), liquid nitrogen/liquid oxygen (“LIN/LOX”), liquid petroleum (“LPG”) tanks and other specialty vessels including spheres. Finally, the Storage Solutions segment includes balance of plant work in storage terminals and tank farms.
	The Industrial segment includes work in the mining and minerals industry, bulk material handling, fertilizer production facilities, as well as work for clients in other industrial markets.
	The Company evaluates performance and allocates resources based on operating income. The accounting policies of the reportable segments are the same as those described in the summary of significant accounting policies. Intersegment sales and transfers are recorded at cost; therefore, no intercompany profit or loss is recognized.
	Segment assets consist primarily of accounts receivable, costs and estimated earnings in excess of billings on uncompleted contracts, property, plant and equipment, goodwill and other intangible assets.
	Results of Operations
	(In thousands)
		Three Months Ended
		September 30,		September 30,
		2013		2012
	Gross revenues
	Electrical Infrastructure	$	32,877	$	33,270
	Oil Gas & Chemical	62,792		67,097
	Storage Solutions	108,546		105,418
	Industrial	22,691		4,975
	Total gross revenues	$	226,906	$	210,760
	Less: Inter-segment revenues
	Electrical Infrastructure	$	—	$	—
	Oil Gas & Chemical	297		—
	Storage Solutions	392		1,152
	Industrial	—		—
	Total inter-segment revenues	$	689	$	1,152
	Consolidated revenues
	Electrical Infrastructure	$	32,877	$	33,270
	Oil Gas & Chemical	62,495		67,097
	Storage Solutions	108,154		104,266
	Industrial	22,691		4,975
	Total consolidated revenues	$	226,217	$	209,608
	Gross profit (loss)
	Electrical Infrastructure	$	3,330	$	4,706
	Oil Gas & Chemical	7,531		7,867
	Storage Solutions	12,837		9,969
	Industrial	1,778		(298		)
	Total gross profit	$	25,476	$	22,244
	Operating income (loss)
	Electrical Infrastructure	$	1,300	$	2,319
	Oil Gas & Chemical	3,263		3,775
	Storage Solutions	5,832		3,449
	Industrial	367		(1,619		)
	Total operating income	$	10,762	$	7,924
	Segment assets
	Electrical Infrastructure	$	59,018	$	56,826
	Oil Gas & Chemical	79,513		71,848
	Storage Solutions	157,389		186,600
	Industrial	35,801		14,179
	Unallocated Corporate assets	97,267		33,397
	Total segment assets	$	428,988	$	362,850

Income_Taxes_Policies

Income Taxes (Policies)	3 Months Ended
	Sep. 30, 2013
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	The Company complies with ASC 740, “Income Taxes”. Deferred income taxes are computed using the liability method whereby deferred tax assets and liabilities are recognized based on temporary differences between the financial and tax basis of assets and liabilities using presently enacted tax rates. Valuation allowances are established against deferred tax assets to the extent management believes that it is not probable the assets will be recovered.
	The Company provides for income taxes regardless of whether it has received a tax assessment. Taxes are provided when it is considered probable that additional taxes will be due in excess of amounts included in the tax return. The Company regularly reviews exposure to additional income taxes due, and as further information is known or events occur, adjustments may be recorded.

Uncompleted_Contracts_Tables

Uncompleted Contracts (Tables)	3 Months Ended
	Sep. 30, 2013
Disclosure Customer Contracts Additional Information [Abstract]	'
Gross and Net Amount of Uncompleted Contracts	'
	Gross and net amounts on uncompleted contracts are as follows:
		September 30,			June 30,
		2013			2013
		(in thousands)
	Costs incurred and estimated earnings recognized on uncompleted contracts	$	848,334		$	802,588
	Billings on uncompleted contracts	857,439			791,663
		$	(9,105	)	$	10,925
	Shown on balance sheet as:
	Costs and estimated earnings in excess of billings on uncompleted contracts	$	66,678		$	73,773
	Billings on uncompleted contracts in excess of costs and estimated earnings	75,783			62,848
		$	(9,105	)	$	10,925

Intangible_Assets_Including_Go1

Intangible Assets Including Goodwill (Tables)	3 Months Ended
	Sep. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
Carrying Value of Goodwill by Segment	'
	The changes in the carrying value of goodwill by segment are as follows:
		Electrical				Oil Gas &				Storage				Industrial			Total
		Infrastructure				Chemical				Solutions
		(In thousands)
	Goodwill	$	29,666			$	8,088			$	10,985			$	7,097		$	55,836
	Cumulative impairment loss (A)	(17,653		)		(3,000		)		(922		)		(3,425		)	(25,000		)
	Net balance at June 30, 2013	12,013				5,088				10,063				3,672			30,836
	Translation adjustment (B)	—				—				51				—			51
	Net balance at September 30, 2013	$	12,013			$	5,088			$	10,114			$	3,672		$	30,887
	(A)	A $25.0 million impairment charge was recorded in February 2005 as a result of the Company’s operating performance in fiscal 2005.
	(B)	The translation adjustment relates to the periodic translation of Canadian Dollar denominated goodwill recorded as a part of a prior Canadian acquisition.
Carrying Value of Other Intangible Assets	'
	Information on the carrying value of other intangible assets is as follows:
				At September 30, 2013
		Useful Life		Gross Carrying				Accumulated				Net Carrying
				Amount				Amortization				Amount
		(Years)		(In thousands)
	Intellectual property	6 to 15		$	2,460			$	(795	)		$	1,665
	Customer based	1 to 15		4,250				(626		)		3,624
	Non-compete agreements	3 to 5		808				(326		)		482
	Trade Name	5		165				(8		)		157
	Total amortizing intangibles			7,683				(1,755		)		5,928
	Trade name	Indefinite		1,450				—				1,450
	Total intangible assets			$	9,133			$	(1,755	)		$	7,378
				At June 30, 2013
		Useful Life		Gross Carrying				Accumulated				Net Carrying
				Amount				Amortization				Amount
		(Years)		(In thousands)
	Intellectual property	6 to 15		$	2,460			$	(753	)		$	1,707
	Customer based	1 to 15		4,250				(542		)		3,708
	Non-compete agreements	3 to 5		808				(287		)		521
	Trade Name	5		165				—				165
	Total amortizing intangibles			7,683				(1,582		)		6,101
	Trade name	Indefinite		1,450				—				1,450
	Total intangible assets			$	9,133			$	(1,582	)		$	7,551

Debt_Tables

Debt (Tables)	3 Months Ended
	Sep. 30, 2013
Debt Disclosure [Abstract]	'
Availability Under the Senior Credit Facility	'
	Availability under the senior credit facility was as follows:
		September 30,		June 30,
		2013		2013
		(In thousands)
	Senior credit facility	$	125,000	$	125,000
	Borrowings outstanding	2,426		—
	Letters of credit	13,625		13,372
	Availability under the senior credit facility	$	108,949	$	111,628

Earnings_per_Common_Share_Tabl

Earnings per Common Share (Tables)	3 Months Ended
	Sep. 30, 2013
Earnings Per Share [Abstract]	'
Computation of Basic and Diluted Earnings Per Share	'
	The computation of basic and diluted earnings per share is as follows:
		Three Months Ended
		September 30,			September 30,
		2013			2012
		(In thousands, except per share data)
	Basic EPS:
	Net income	$	6,552		$	4,684
	Weighted average shares outstanding	26,116			25,788
	Basic EPS	$	0.25		$	0.18
	Diluted EPS:
	Weighted average shares outstanding – basic	26,116			25,788
	Dilutive stock options	137			70
	Dilutive nonvested deferred shares	394			290
	Diluted weighted average shares	26,647			26,148
	Diluted EPS	$	0.25		$	0.18
Antidilutive Securities Excluded from the Calculation of Diluted EPS	'
	The following securities are considered antidilutive and have been excluded from the calculation of Diluted EPS:
		Three Months Ended
		September 30,		September 30,
		2013		2012
		(In thousands)
	Stock options	—		327
	Nonvested deferred shares	60		32
	Total antidilutive securities	60		359

Segment_Information_Tables

Segment Information (Tables)	3 Months Ended
	Sep. 30, 2013
Segment Reporting [Abstract]	'
Results of Operations	'
	Results of Operations
	(In thousands)
		Three Months Ended
		September 30,		September 30,
		2013		2012
	Gross revenues
	Electrical Infrastructure	$	32,877	$	33,270
	Oil Gas & Chemical	62,792		67,097
	Storage Solutions	108,546		105,418
	Industrial	22,691		4,975
	Total gross revenues	$	226,906	$	210,760
	Less: Inter-segment revenues
	Electrical Infrastructure	$	—	$	—
	Oil Gas & Chemical	297		—
	Storage Solutions	392		1,152
	Industrial	—		—
	Total inter-segment revenues	$	689	$	1,152
	Consolidated revenues
	Electrical Infrastructure	$	32,877	$	33,270
	Oil Gas & Chemical	62,495		67,097
	Storage Solutions	108,154		104,266
	Industrial	22,691		4,975
	Total consolidated revenues	$	226,217	$	209,608
	Gross profit (loss)
	Electrical Infrastructure	$	3,330	$	4,706
	Oil Gas & Chemical	7,531		7,867
	Storage Solutions	12,837		9,969
	Industrial	1,778		(298		)
	Total gross profit	$	25,476	$	22,244
	Operating income (loss)
	Electrical Infrastructure	$	1,300	$	2,319
	Oil Gas & Chemical	3,263		3,775
	Storage Solutions	5,832		3,449
	Industrial	367		(1,619		)
	Total operating income	$	10,762	$	7,924
	Segment assets
	Electrical Infrastructure	$	59,018	$	56,826
	Oil Gas & Chemical	79,513		71,848
	Storage Solutions	157,389		186,600
	Industrial	35,801		14,179
	Unallocated Corporate assets	97,267		33,397
	Total segment assets	$	428,988	$	362,850

Uncompleted_Contracts_Gross_an

Uncompleted Contracts - Gross and Net Amounts of Uncompleted Contracts (Details) (USD $)	Sep. 30, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified
Disclosure Customer Contracts Additional Information [Abstract]	'	'
Costs incurred and estimated earnings recognized on uncompleted contracts	$848,334	$802,588
Billings on uncompleted contracts	857,439	791,663
Total	-9,105	10,925
Shown on balance sheet as:	'	'
Costs and estimated earnings in excess of billings on uncompleted contracts	66,678	73,773
Billings on uncompleted contracts in excess of costs and estimated earnings	75,783	62,848
Total	($9,105)	$10,925

Uncompleted_Contracts_Addition

Uncompleted Contracts - Additional Information (Detail) (USD $)	Sep. 30, 2013	Jun. 30, 2013
In Millions, unless otherwise specified
Customer Contracts [Line Items]	'	'
Billings in accounts receivable to be collected within one year	$23.70	$19.90
Contract Receivable Retainage, Due in Next Twelve Months	3.6	3.1
S.M. Electric Company	'	'
Customer Contracts [Line Items]	'	'
Estimate of the remaining amount to be collected	0.7	'
Contract Receivable	$2.90	'

Intangible_Assets_Including_Go2

Intangible Assets Including Goodwill - Carrying Value of Goodwill By Segment (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013		Jun. 30, 2013
Goodwill [Line Items]	'		'
Goodwill	'		$55,836
Cumulative impairment loss	'		-25,000	[1]
Goodwill	30,887		'
Goodwill [Roll Forward]	'		'
Net balance at June 30, 2013	30,836		'
Translation adjustment	51		'
Net balance at September 30, 2013	30,887		'
Electrical Infrastructure [Member]	'		'
Goodwill [Line Items]	'		'
Goodwill	'		29,666
Cumulative impairment loss	'		-17,653	[1]
Goodwill	12,013		'
Goodwill [Roll Forward]	'		'
Net balance at June 30, 2013	12,013		'
Translation adjustment	0		'
Net balance at September 30, 2013	12,013		'
Oil Gas & Chemical [Member]	'		'
Goodwill [Line Items]	'		'
Goodwill	'		8,088
Cumulative impairment loss	'		-3,000	[1]
Goodwill	5,088		'
Goodwill [Roll Forward]	'		'
Net balance at June 30, 2013	5,088		'
Translation adjustment	0		'
Net balance at September 30, 2013	5,088		'
Storage Solutions [Member]	'		'
Goodwill [Line Items]	'		'
Goodwill	'		10,985
Cumulative impairment loss	'		-922	[1]
Goodwill	10,114		'
Goodwill [Roll Forward]	'		'
Net balance at June 30, 2013	10,063		'
Translation adjustment	51	[2]	'
Net balance at September 30, 2013	10,114		'
Industrial [Member]	'		'
Goodwill [Line Items]	'		'
Goodwill	'		7,097
Cumulative impairment loss	'		-3,425	[1]
Goodwill	3,672		'
Goodwill [Roll Forward]	'		'
Net balance at June 30, 2013	3,672		'
Translation adjustment	0		'
Net balance at September 30, 2013	$3,672		'
[1]	A $25.0 million impairment charge was recorded in February 2005 as a result of the Companybs operating performance in fiscal 2005.
[2]	(B)The translation adjustment relates to the periodic translation of Canadian Dollar denominated goodwill recorded as a part of a prior Canadian acquisition.

Intangible_Assets_Including_Go3

Intangible Assets Including Goodwill - Carrying Value of Other Intangible Assets (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Jun. 30, 2013
Finite-Lived Intangible Assets [Line Items]	'	'
Finite-Lived Intangible Assets, Gross	7,683	7,683
Accumulated Amortization	-1,755	-1,582
Net Carrying Amount	5,928	6,101
Indefinite Trade Names	1,450	1,450
Total intangible assets, gross carrying amount	9,133	9,133
Total intangible assets, accumulated amortization	-1,755	-1,582
Total intangible assets, net carrying amount	7,378	7,551
Intellectual Property [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Finite-Lived Intangible Assets, Gross	2,460	2,460
Accumulated Amortization	-795	-753
Net Carrying Amount	1,665	1,707
Intellectual Property [Member] | Minimum [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Finite-Lived Intangible Asset, Useful Life	'6 years	'6 years
Intellectual Property [Member] | Maximum [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Finite-Lived Intangible Asset, Useful Life	'15 years	'15 years
Customer Relationships [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Finite-Lived Intangible Assets, Gross	4,250	4,250
Accumulated Amortization	-626	-542
Net Carrying Amount	3,624	3,708
Customer Relationships [Member] | Minimum [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Finite-Lived Intangible Asset, Useful Life	'1 year	'1 year
Customer Relationships [Member] | Maximum [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Finite-Lived Intangible Asset, Useful Life	'15 years	'15 years
Noncompete Agreements [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Finite-Lived Intangible Assets, Gross	808	808
Accumulated Amortization	-326	-287
Net Carrying Amount	482	521
Noncompete Agreements [Member] | Minimum [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Finite-Lived Intangible Asset, Useful Life	'3 years	'3 years
Noncompete Agreements [Member] | Maximum [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Finite-Lived Intangible Asset, Useful Life	'5 years	'5 years
Trade Names [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Finite-Lived Intangible Assets, Gross	165	165
Accumulated Amortization	-8	0
Net Carrying Amount	157	165

Intangible_Assets_Including_Go4

Intangible Assets Including Goodwill - Additional Information (Detail) (USD $)

3 Months Ended

In Millions, unless otherwise specified

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Jun. 30, 2013

Sep. 30, 2013

Jun. 30, 2013

Sep. 30, 2013

Jun. 30, 2013

Sep. 30, 2013

Jun. 30, 2013

Sep. 30, 2013

Jun. 30, 2013

Sep. 30, 2013

Jun. 30, 2013

Sep. 30, 2013

Jun. 30, 2013

Minimum [Member]

Minimum [Member]

Minimum [Member]

Minimum [Member]

Minimum [Member]

Minimum [Member]

Maximum [Member]

Maximum [Member]

Maximum [Member]

Maximum [Member]

Maximum [Member]

Maximum [Member]

Trade Names [Member]

Trade Names [Member]

Intellectual Property [Member]

Intellectual Property [Member]

Customer Relationships [Member]

Customer Relationships [Member]

Noncompete Agreements [Member]

Noncompete Agreements [Member]

Intellectual Property [Member]

Intellectual Property [Member]

Customer Relationships [Member]

Customer Relationships [Member]

Noncompete Agreements [Member]

Noncompete Agreements [Member]

Goodwill and Intangible Assets Disclosure [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Impairment charge

($25)

[1]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Amortization expense

0.2

0.1

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2014

0.7

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2015

0.7

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2016

0.7

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2017

0.6

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2018

$0.60

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Finite-Lived Intangible Assets [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Finite-Lived Intangible Asset, Useful Life

'

'

'6 years

'6 years

'1 year

'1 year

'3 years

'3 years

'15 years

'15 years

'15 years

'15 years

'5 years

'5 years

'5 years

'5 years

[1]

A $25.0 million impairment charge was recorded in February 2005 as a result of the Companybs operating performance in fiscal 2005.

Debt_Additional_Information_De

Debt - Additional Information (Detail) (USD $)	3 Months Ended
	Sep. 30, 2013	Jun. 30, 2013
	Times
Acquired Indefinite-lived Intangible Assets [Line Items]	'	'
Credit Agreement Term	'5 years	'
Senior secured revolving credit facility	$125,000,000	$125,000,000
mtrx_LineOfCreditFacilityExpirationDate	7-Nov-16	'
Senior Leverage Ratio, Maximum	2.5	'
Senior Leverage Ratio, Minimum	1	'
Fixed Charge Coverage Ratio, Maximum	1.25	'
Fixed Charge Coverage Ratio, Minimum	1	'
Limit on asset dispositions	15,000,000	'
Additional Margin on alternate base rate loans, Minimum	0.75%	'
Additional Margin on alternate base rate loans, Maximum	1.50%	'
Additional Margin on LIBOR loans, Minimum	1.75%	'
Additional Margin on LIBOR loans, Maximum	2.50%	'
Sublimit on Canadian dollar borrowings	15,000,000	'
Additional Margin on CDOR loans, Minimum	1.75%	'
Additional Margin on CDOR loans, Maximum	2.50%	'
Additional Margin on Canadian prime rate loans, Minimum	2.25%	'
Additional Margin on Canadian prime rate loans, Maximum	3.00%	'
CDOR Rate description	' sum of the annual rate of interest, which is the rate determined as being the arithmetic average of the quotations of all institutions listed in respect of the relevant CDOR interest period for Canadian Dollar denominated bankersb acceptances, plus 0.1%	'
Canadian prime rate description	'greater of (i)B the rate of interest per annum most recently announced or established by JPMorgan Chase Bank, N.A., Toronto Branch as its reference rate in effect on such day for determining interest rates for Canadian Dollar denominated commercial loans in Canada and (ii)B the CDOR Rate plus 1.0%.	'
Maximum limit of consolidated funded indebtedness	2.5	'
Consolidated EBITDA as defined in the Credit Agreement	57,100,000	'
Consolidated funded indebtedness	$9,200,000	'
Minimum [Member]	'	'
Acquired Indefinite-lived Intangible Assets [Line Items]	'	'
Unused Credit Facility Fee	0.30%	'
Maximum [Member]	'	'
Acquired Indefinite-lived Intangible Assets [Line Items]	'	'
Unused Credit Facility Fee	0.45%	'
CDOR Rate [Member]	'	'
Acquired Indefinite-lived Intangible Assets [Line Items]	'	'
Basis spread on variable rate basis	0.10%	'
Canadian Prime Rate [Member]	'	'
Acquired Indefinite-lived Intangible Assets [Line Items]	'	'
Variable rate basis	'CDOR	'
Basis spread on variable rate basis	1.00%	'

Debt_Availability_Under_The_Se

Debt - Availability Under The Senior Credit Facility (Details) (USD $)	Sep. 30, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified
Debt Disclosure [Abstract]	'	'
Senior credit facility	$125,000	$125,000
Line of Credit Facility, Amount Outstanding	2,426	0
Letters of credit subject to the credit facility	13,625	13,372
Availability under the senior credit facility	$108,949	$111,628

Commitments_and_Contingencies_1

Commitments and Contingencies - Additional Information (Detail) (USD $)	Sep. 30, 2013	Jun. 30, 2013
In Millions, unless otherwise specified
Commitments and Contingencies Disclosure [Abstract]	'	'
Unapproved change orders	$10.30	$9.10

Earnings_per_Common_Share_Comp

Earnings per Common Share - Computation of Basic and Diluted Earnings Per Share (Details) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Earnings Per Share, Basic [Abstract]	'	'
Net income	$6,552	$4,684
Weighted average shares outstanding - basic (shares)	26,116	25,788
Basic EPS (US$ per share)	$0.25	$0.18
Earnings Per Share, Diluted [Abstract]	'	'
Dilutive stock options	137	70
Dilutive nonvested deferred shares	394	290
Diluted weighted average shares (shares)	26,647	26,148
Diluted EPS (US$ per share)	$0.25	$0.18

Earnings_per_Common_Share_Anti

Earnings per Common Share - Antidilutive Securities Excluded from the Calculation of Diluted Earnings Per Share (Details)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Total antidilutive securities	60	359
Stock Options [Member]	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Total antidilutive securities	0	327
Nonvested Deferred Shares [Member]	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Total antidilutive securities	60	32

Segment_Information_Results_of

Segment Information - Results of Operations (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Jun. 30, 2013
Segment Reporting Information [Line Items]	'	'	'
Gross revenues	$226,906	$210,760	'
Consolidated revenues	226,217	209,608	'
Gross profit	25,476	22,244	'
Operating income	10,762	7,924	'
Segment assets	428,988	362,850	409,978
Electrical Infrastructure [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Gross revenues	32,877	33,270	'
Consolidated revenues	32,877	33,270	'
Gross profit	3,330	4,706	'
Operating income	1,300	2,319	'
Segment assets	59,018	56,826	'
Oil Gas & Chemical [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Gross revenues	62,792	67,097	'
Consolidated revenues	62,495	67,097	'
Gross profit	7,531	7,867	'
Operating income	3,263	3,775	'
Segment assets	79,513	71,848	'
Storage Solutions [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Gross revenues	108,546	105,418	'
Consolidated revenues	108,154	104,266	'
Gross profit	12,837	9,969	'
Operating income	5,832	3,449	'
Segment assets	157,389	186,600	'
Industrial [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Gross revenues	22,691	4,975	'
Consolidated revenues	22,691	4,975	'
Gross profit	1,778	-298	'
Operating income	367	-1,619	'
Segment assets	35,801	14,179	'
All Other Segments [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Segment assets	97,267	33,397	'
Intersegment Eliminations [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Gross revenues	689	1,152	'
Intersegment Eliminations [Member] | Electrical Infrastructure [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Gross revenues	0	0	'
Intersegment Eliminations [Member] | Oil Gas & Chemical [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Gross revenues	297	0	'
Intersegment Eliminations [Member] | Storage Solutions [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Gross revenues	392	1,152	'
Intersegment Eliminations [Member] | Industrial [Member]	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Gross revenues	$0	$0	'