Revenue Recognition (Tables)

9 Months Ended

Sep. 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 September 30, 2026 and 2025 were as follows:


	Three months ended September 30, 2026
	T&D				C&I				Total
(dollars in thousands)	Amount		Percent		Amount		Percent		Amount		Percent
Fixed price	$	173,356	31.3	%	$	636,358	90.3	%	$	809,714	64.3	%
Unit price	208,967		37.7		23,374		3.3		232,341		18.5
T&E	172,221		31.0		44,756		6.4		216,977		17.2

	$	554,544	100.0	%	$	704,488	100.0	%	$	1,259,032	100.0	%


	Three months ended September 30, 2025
	T&D				C&I				Total
(dollars in thousands)	Amount		Percent		Amount		Percent		Amount		Percent
Fixed price	$	160,811	31.9	%	$	381,026	85.3	%	$	541,837	57.0	%
Unit price	204,438		40.6		20,259		4.5		224,697		23.6
T&E	138,187		27.5		45,679		10.2		183,866		19.4

	$	503,436	100.0	%	$	446,964	100.0	%	$	950,400	100.0	%

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


	Nine months ended September 30, 2026
	T&D				C&I				Total
(dollars in thousands)	Amount		Percent		Amount		Percent		Amount		Percent
Fixed price	$	482,171	29.8	%	$	1,520,346	88.3	%	$	2,002,517	59.9	%
Unit price	635,585		39.2		50,575		2.9		686,160		20.6
T&E	501,780		31.0		150,682		8.8		652,462		19.5

	$	1,619,536	100.0	%	$	1,721,603	100.0	%	$	3,341,139	100.0	%


	Nine months ended September 30, 2025
	T&D				C&I				Total
(dollars in thousands)	Amount		Percent		Amount		Percent		Amount		Percent
Fixed price	$	512,379	34.8	%	$	1,004,813	82.8	%	$	1,517,192	56.5	%
Unit price	547,562		37.2		58,172		4.8		605,734		22.6
T&E	411,538		28.0		149,881		12.4		561,419		20.9

	$	1,471,479	100.0	%	$	1,212,866	100.0	%	$	2,684,345	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 September 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 September 30, 2026
(in thousands)	Total		Amount estimated to be recognized within 12 months		Amount estimated to be recognized after 12 months
T&D	$	987,673	$	735,639	$	252,034
C&I	2,379,477		1,796,826		582,651
Total	$	3,367,150	$	2,532,465	$	834,685