Quarterly report pursuant to Section 13 or 15(d)

ASC 606 Revenue Recognition and Significant Accounting Policies Disclosures (Tables)

v3.19.3
ASC 606 Revenue Recognition and Significant Accounting Policies Disclosures (Tables)
9 Months Ended
Sep. 30, 2019
Revenue From Contract With Customer [Abstract]  
Disaggregation of Revenue

The following table disaggregates the Company’s revenue for the three and nine months ended September 30 as indicated:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Electrical construction operations (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Southeast

 

$

17,127,019

 

 

$

13,893,392

 

 

$

51,956,218

 

 

$

41,718,479

 

mid-Atlantic

 

 

11,897,347

 

 

 

10,412,435

 

 

 

41,366,308

 

 

 

30,273,368

 

Texas-Southwest

 

 

13,038,099

 

 

 

3,124,521

 

 

 

28,461,784

 

 

 

23,614,488

 

Other electrical construction (2)

 

 

1,119,732

 

 

 

2,084,617

 

 

 

1,989,573

 

 

 

4,236,316

 

Total

 

 

43,182,197

 

 

 

29,514,965

 

 

 

123,773,883

 

 

 

99,842,651

 

Real estate development operations

 

 

1,550,684

 

 

 

1,777

 

 

 

12,819,473

 

 

 

1,620,031

 

Total revenue

 

$

44,732,881

 

 

$

29,516,742

 

 

$

136,593,356

 

 

$

101,462,682

 

______________________________________

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) Principal electrical construction operations include revenue from transmission lines, distribution systems, substations and drilled pier foundations.

 

(2) Other electrical construction includes revenue from storm work, fiber optics and other miscellaneous electrical construction items.