Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2026

Revenue from Contract with Customer [Abstract]

Schedule of revenue by contract and market type

The components of the Company’s revenue by contract type for the three months ended June 30, 2026 and 2025 were as follows:


	Three months ended June 30, 2026
	T&D				C&I				Total
(dollars in thousands)	Amount		Percent		Amount		Percent		Amount		Percent
Fixed price	$	158,637	30.3	%	$	489,267	87.7	%	$	647,904	59.9	%
Unit price	208,407		39.8		14,271		2.6		222,678		20.6
T&E	156,978		29.9		54,167		9.7		211,145		19.5

	$	524,022	100.0	%	$	557,705	100.0	%	$	1,081,727	100.0	%


	Three months ended June 30, 2025
	T&D				C&I				Total
(dollars in thousands)	Amount		Percent		Amount		Percent		Amount		Percent
Fixed price	$	178,118	35.2	%	$	329,982	83.8	%	$	508,100	56.4	%
Unit price	191,022		37.7		20,246		5.1		211,268		23.5
T&E	137,133		27.1		43,824		11.1		180,957		20.1

	$	506,273	100.0	%	$	394,052	100.0	%	$	900,325	100.0	%

The components of the Company’s revenue by contract type for the six months ended June 30, 2026 and 2025 were as follows:


	Six months ended June 30, 2026
	T&D				C&I				Total
(dollars in thousands)	Amount		Percent		Amount		Percent		Amount		Percent
Fixed price	$	308,815	29.0	%	$	883,988	86.9	%	$	1,192,803	57.3	%
Unit price	426,618		40.1		27,201		2.7		453,819		21.8
T&E	329,559		30.9		105,926		10.4		435,485		20.9

	$	1,064,992	100.0	%	$	1,017,115	100.0	%	$	2,082,107	100.0	%


	Six months ended June 30, 2025
	T&D				C&I				Total
(dollars in thousands)	Amount		Percent		Amount		Percent		Amount		Percent
Fixed price	$	351,568	36.3	%	$	623,787	81.4	%	$	975,355	56.3	%
Unit price	343,124		35.4		37,913		5.0		381,037		22.0
T&E	273,351		28.3		104,202		13.6		377,553		21.7

	$	968,043	100.0	%	$	765,902	100.0	%	$	1,733,945	100.0	%

Schedule of amount of the remaining performance obligations that the company reasonably estimates will not be recognized within the next twelve months

The following table summarizes the amount of remaining performance obligations as of June 30, 2026 that the Company expects to be realized and the amount of the remaining performance obligations that the Company reasonably estimates will be recognized within the next twelve months, and the amount estimated to be recognized after the next twelve months.


	Remaining Performance Obligations at June 30, 2026
(in thousands)	Total		Amount estimated to be recognized within 12 months		Amount estimated to be recognized after 12 months
T&D	$	945,945	$	657,126	$	288,819
C&I	1,880,950		1,625,265		255,685
Total	$	2,826,895	$	2,282,391	$	544,504