2023 Q2 Form 10-Q Financial Statement

#000105091523000080 Filed on May 04, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q1
Revenue $5.049B $4.429B $3.966B
YoY Change 19.3% 11.68% 46.68%
Cost Of Revenue $4.325B $3.856B $3.417B
YoY Change 19.88% 12.83% 46.62%
Gross Profit $724.1M $573.2M $548.2M
YoY Change 15.93% 4.56% 47.01%
Gross Profit Margin 14.34% 12.94% 13.82%
Selling, General & Admin $384.2M $384.6M $324.9M
YoY Change 18.85% 18.36% 33.5%
% of Gross Profit 53.06% 67.09% 59.27%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $149.9M $78.38M $70.95M
YoY Change 102.68% 10.47% 14.24%
% of Gross Profit 20.7% 13.67% 12.94%
Operating Expenses $454.2M $384.6M $324.9M
YoY Change 40.51% 18.36% 33.5%
Operating Profit $269.9M $125.9M $117.5M
YoY Change 29.54% 7.1% 3.33%
Interest Expense -$36.70M $41.69M $24.73M
YoY Change -228.14% 68.61% 98.22%
% of Operating Profit -13.6% 33.13% 21.04%
Other Income/Expense, Net $2.745M $7.866M -$1.273M
YoY Change -106.45% -717.91% -134.67%
Pretax Income $236.0M $93.55M $91.58M
YoY Change 71.71% 2.15% -12.81%
Income Tax $69.37M -$3.421M $6.556M
% Of Pretax Income 29.4% -3.66% 7.16%
Net Earnings $165.9M $95.05M $84.64M
YoY Change 88.48% 12.29% -5.7%
Net Earnings / Revenue 3.29% 2.15% 2.13%
Basic Earnings Per Share $1.14 $0.66 $0.59
Diluted Earnings Per Share $1.12 $0.64 $0.57
COMMON SHARES
Basic Shares Outstanding 145.2M shares 144.0M shares 143.5M shares
Diluted Shares Outstanding 148.8M shares 148.7M shares 148.1M shares

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $362.0M $217.1M $238.3M
YoY Change 140.26% -8.87% 19.01%
Cash & Equivalents $362.0M $217.1M $238.3M
Short-Term Investments
Other Short-Term Assets $371.5M $262.2M $201.2M
YoY Change 46.49% 30.34% 18.97%
Inventory $156.5M $159.2M $94.26M
Prepaid Expenses
Receivables $5.432B $3.645B $3.357B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $6.322B $5.571B $4.866B
YoY Change 25.92% 14.49% 34.95%
LONG-TERM ASSETS
Property, Plant & Equipment $2.475B $2.432B $2.215B
YoY Change 9.98% 9.8% 20.65%
Goodwill $3.885B $3.873B $3.593B
YoY Change 8.3% 7.79% 69.17%
Intangibles $1.424B $1.500B $1.685B
YoY Change -9.61% -11.02% 305.97%
Long-Term Investments $177.8M $182.0M $123.3M
YoY Change 47.4% 47.61% 141.29%
Other Assets $455.8M $664.0M $656.1M
YoY Change -25.9% 1.19% 13.72%
Total Long-Term Assets $8.418B $8.469B $8.149B
YoY Change 4.85% 3.92% 64.57%
TOTAL ASSETS
Total Short-Term Assets $6.322B $5.571B $4.866B
Total Long-Term Assets $8.418B $8.469B $8.149B
Total Assets $14.74B $14.04B $13.02B
YoY Change 12.96% 7.87% 52.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.673B $1.360B $1.341B
YoY Change 25.04% 1.4% 59.26%
Accrued Expenses $920.8M $884.7M $1.054B
YoY Change -16.54% -16.09% 41.0%
Deferred Revenue $1.129B $1.143B $800.6M
YoY Change 50.25% 42.78% 60.27%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $41.25M $39.69M $21.87M
YoY Change 51.86% 81.53% 104.17%
Total Short-Term Liabilities $3.764B $3.427B $3.218B
YoY Change 16.9% 6.51% 53.22%
LONG-TERM LIABILITIES
Long-Term Debt $4.217B $4.084B $3.812B
YoY Change 8.92% 7.13% 182.9%
Other Long-Term Liabilities $776.7M $587.7M $489.5M
YoY Change 68.07% 20.08% 27.61%
Total Long-Term Liabilities $4.993B $587.7M $489.5M
YoY Change 980.42% 20.08% 27.61%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.764B $3.427B $3.218B
Total Long-Term Liabilities $4.993B $587.7M $489.5M
Total Liabilities $9.020B $8.517B $7.873B
YoY Change 14.03% 8.18% 88.48%
SHAREHOLDERS EQUITY
Retained Earnings $4.400B $4.246B $3.789B
YoY Change 13.79% 12.06% 13.23%
Common Stock $2.904B $2.869B $2.637B
YoY Change 8.94% 8.79% 20.77%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.064B
YoY Change 14.37%
Treasury Stock Shares 26.67M shares
Shareholders Equity $5.721B $5.513B $5.138B
YoY Change
Total Liabilities & Shareholders Equity $14.74B $14.04B $13.02B
YoY Change 12.96% 7.87% 52.09%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income $165.9M $95.05M $84.64M
YoY Change 88.48% 12.29% -5.7%
Depreciation, Depletion And Amortization $149.9M $78.38M $70.95M
YoY Change 102.68% 10.47% 14.24%
Cash From Operating Activities $127.4M $38.41M $85.09M
YoY Change 7.31% -54.86% -32.26%
INVESTING ACTIVITIES
Capital Expenditures $106.0M $80.32M $109.9M
YoY Change -12.79% -26.94% 31.68%
Acquisitions $452.3M $0.00
YoY Change -100.0%
Other Investing Activities $27.29M -$407.9M $17.14M
YoY Change 640.06% -2479.68% -112.31%
Cash From Investing Activities -$78.74M -$488.6M -$93.07M
YoY Change -33.24% 425.01% -58.23%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $9.500M
YoY Change -51.28%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 93.61M $242.7M $16.55M
YoY Change -207.02% 1366.39% -85.35%
NET CHANGE
Cash From Operating Activities 127.4M $38.41M $85.09M
Cash From Investing Activities -78.74M -$488.6M -$93.07M
Cash From Financing Activities 93.61M $242.7M $16.55M
Net Change In Cash 142.3M -$209.1M $8.949M
YoY Change -262.66% -2436.46% -43.39%
FREE CASH FLOW
Cash From Operating Activities $127.4M $38.41M $85.09M
Capital Expenditures $106.0M $80.32M $109.9M
Free Cash Flow $21.38M -$41.91M -$24.85M
YoY Change -852.16% 68.67% -158.98%

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CY2023Q1 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
0 usd
CY2022Q1 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-8393000 usd
CY2023Q1 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
2401000 usd
CY2022Q1 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
6696000 usd
CY2023Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
8122000 usd
CY2022Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1458000 usd
CY2023Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
3511000 usd
CY2022Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
2193000 usd
CY2023Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2358000 usd
CY2022Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
133000 usd
CY2023Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-11997000 usd
CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-8098000 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
27451000 usd
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
22992000 usd
CY2023Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
245000 usd
CY2022Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1581000 usd
CY2023Q1 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
0 usd
CY2022Q1 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
5169000 usd
CY2023Q1 us-gaap Payment For Contingent Consideration Liability Operating Activities
PaymentForContingentConsiderationLiabilityOperatingActivities
247000 usd
CY2022Q1 us-gaap Payment For Contingent Consideration Liability Operating Activities
PaymentForContingentConsiderationLiabilityOperatingActivities
63000 usd
CY2023Q1 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
247328000 usd
CY2022Q1 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
188829000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
38409000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
85090000 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
80319000 usd
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
109937000 usd
CY2023Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
10356000 usd
CY2022Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
8810000 usd
CY2023Q1 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
395000 usd
CY2022Q1 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
191000 usd
CY2023Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
452252000 usd
CY2022Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
CY2023Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
5492000 usd
CY2022Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
8319000 usd
CY2023Q1 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
39069000 usd
CY2022Q1 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
16460000 usd
CY2023Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
381000 usd
CY2022Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
274000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-488624000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-93069000 usd
CY2023Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
4431075000 usd
CY2022Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
1369151000 usd
CY2023Q1 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
4050437000 usd
CY2022Q1 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
1301146000 usd
CY2023Q1 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
3126000 usd
CY2022Q1 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
2079000 usd
CY2023Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
175000 usd
CY2022Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-15703000 usd
CY2023Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
CY2022Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
48000 usd
CY2023Q1 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
4753000 usd
CY2022Q1 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
1514000 usd
CY2023Q1 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-8741000 usd
CY2022Q1 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-538000 usd
CY2023Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
108689000 usd
CY2022Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
11252000 usd
CY2023Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
12817000 usd
CY2022Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
10842000 usd
CY2023Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2022Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
9479000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
242687000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
16550000 usd
CY2023Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-1562000 usd
CY2022Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
378000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-209090000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
8949000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
433214000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
231887000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
224124000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
240836000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5398819000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1100000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
123503000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-77597000 usd
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.08
CY2023Q1 us-gaap Dividends Cash
DividendsCash
12100000 usd
CY2023Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
8741000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
96970000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5521954000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5116921000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
13275000 usd
CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-51813000 usd
CY2022Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
10426000 usd
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.07
CY2022Q1 us-gaap Dividends Cash
DividendsCash
10459000 usd
CY2022Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
538000 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
85028000 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5141988000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4428826000 usd
CY2023Q1 pwr Percentage Of Total Revenues
PercentageOfTotalRevenues
1.000
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3965525000 usd
CY2022Q1 pwr Percentage Of Total Revenues
PercentageOfTotalRevenues
1.000
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4428826000 usd
CY2023Q1 pwr Percentage Of Total Revenues
PercentageOfTotalRevenues
1.000
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3965525000 usd
CY2022Q1 pwr Percentage Of Total Revenues
PercentageOfTotalRevenues
1.000
CY2023Q1 pwr Revenue From Contract With Customer Percentage Of Revenue Recognized Over Time
RevenueFromContractWithCustomerPercentageOfRevenueRecognizedOverTime
0.501
CY2022Q1 pwr Revenue From Contract With Customer Percentage Of Revenue Recognized Over Time
RevenueFromContractWithCustomerPercentageOfRevenueRecognizedOverTime
0.512
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
10260000000 usd
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
8800000000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.720
CY2022Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.721
CY2023Q1 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2022Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2023Q1 pwr Contract With Customer Revenue Recognized Related To Unapproved Change Orders And Claims
ContractWithCustomerRevenueRecognizedRelatedToUnapprovedChangeOrdersAndClaims
631600000 usd
CY2022Q4 pwr Contract With Customer Revenue Recognized Related To Unapproved Change Orders And Claims
ContractWithCustomerRevenueRecognizedRelatedToUnapprovedChangeOrdersAndClaims
549300000 usd
CY2023Q1 pwr Contract With Customer Cumulative Catch Up Adjustment Revenue Change In Estimate Percent
ContractWithCustomerCumulativeCatchUpAdjustmentRevenueChangeInEstimatePercent
0.001
CY2022Q1 pwr Contract With Customer Cumulative Catch Up Adjustment Revenue Change In Estimate Percent
ContractWithCustomerCumulativeCatchUpAdjustmentRevenueChangeInEstimatePercent
0.008
CY2022Q1 pwr Contract With Customer Cumulative Catch Up Adjustment To Gross Profit Change In Estimate
ContractWithCustomerCumulativeCatchUpAdjustmentToGrossProfitChangeInEstimate
-29300000 usd
CY2022Q1 pwr Contract With Customer Cumulative Catch Up Adjustment To Gross Profit Change In Estimate Percent
ContractWithCustomerCumulativeCatchUpAdjustmentToGrossProfitChangeInEstimatePercent
-0.053
CY2023Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
1287454000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
1080206000 usd
CY2023Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1143041000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1141518000 usd
CY2023Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
641100000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
15644000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
49749000 usd
CY2023Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2358000 usd
CY2022Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
133000 usd
CY2023Q1 pwr Accounts Receivable Allowance For Credit Loss Writeoff Recovery
AccountsReceivableAllowanceForCreditLossWriteoffRecovery
-1472000 usd
CY2022Q1 pwr Accounts Receivable Allowance For Credit Loss Writeoff Recovery
AccountsReceivableAllowanceForCreditLossWriteoffRecovery
34000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
16530000 usd
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
49916000 usd
CY2023Q1 us-gaap Contract With Customer Receivable After Allowance For Credit Loss Current
ContractWithCustomerReceivableAfterAllowanceForCreditLossCurrent
392500000 usd
CY2022Q4 us-gaap Contract With Customer Receivable After Allowance For Credit Loss Current
ContractWithCustomerReceivableAfterAllowanceForCreditLossCurrent
397600000 usd
CY2023Q1 us-gaap Contract With Customer Receivable After Allowance For Credit Loss Noncurrent
ContractWithCustomerReceivableAfterAllowanceForCreditLossNoncurrent
187700000 usd
CY2022Q4 us-gaap Contract With Customer Receivable After Allowance For Credit Loss Noncurrent
ContractWithCustomerReceivableAfterAllowanceForCreditLossNoncurrent
136200000 usd
CY2023Q1 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
923100000 usd
CY2022Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
823900000 usd
CY2023Q1 pwr Contract With Customer Liability Deferred Revenues Current
ContractWithCustomerLiabilityDeferredRevenuesCurrent
75200000 usd
CY2022Q4 pwr Contract With Customer Liability Deferred Revenues Current
ContractWithCustomerLiabilityDeferredRevenuesCurrent
59600000 usd
CY2023Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4428826000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3965525000 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
125860000 usd
CY2023Q1 pwr Operating Income Loss Margin Percentage
OperatingIncomeLossMarginPercentage
0.028
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
117516000 usd
CY2022Q1 pwr Operating Income Loss Margin Percentage
OperatingIncomeLossMarginPercentage
0.030
CY2023Q1 us-gaap Depreciation
Depreciation
78382000 usd
CY2022Q1 us-gaap Depreciation
Depreciation
70954000 usd
CY2023 pwr Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net Tangible Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNetTangibleAssets
186600000 usd
CY2023 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
126100000 usd
CY2023 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
299200000 usd
CY2023Q1 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
143517000 usd
CY2022Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
148517000 usd
CY2023Q1 us-gaap Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
0 usd
CY2023Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
5000000 usd
CY2022Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
1600000 usd
CY2023Q1 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
4428826000 usd
CY2022Q1 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
4091762000 usd
CY2023Q1 pwr Business Acquisitions Pro Forma Net Income Loss Attributable To Common Stock Net Of Tax
BusinessAcquisitionsProFormaNetIncomeLossAttributableToCommonStockNetOfTax
95046000 usd
CY2022Q1 pwr Business Acquisitions Pro Forma Net Income Loss Attributable To Common Stock Net Of Tax
BusinessAcquisitionsProFormaNetIncomeLossAttributableToCommonStockNetOfTax
84567000 usd
CY2022Q4 us-gaap Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
0 usd
CY2023Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
54152000 usd
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
54134000 usd
CY2023Q1 us-gaap Equity Securities Fv Ni And Without Readily Determinable Fair Value
EquitySecuritiesFvNiAndWithoutReadilyDeterminableFairValue
182002000 usd
CY2022Q4 us-gaap Equity Securities Fv Ni And Without Readily Determinable Fair Value
EquitySecuritiesFvNiAndWithoutReadilyDeterminableFairValue
211218000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
95046000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
95046000 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
84641000 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
84641000 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
144467000 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
143541000 shares
CY2023Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4194000 shares
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4541000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
148661000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
148082000 shares
CY2023Q1 us-gaap Line Of Credit
LineOfCredit
942100000 usd
CY2022Q4 us-gaap Line Of Credit
LineOfCredit
786910000 usd
CY2023Q1 us-gaap Other Long Term Debt
OtherLongTermDebt
92268000 usd
CY2022Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
92907000 usd
CY2023Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
16577000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
3542000 usd
CY2023Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
25596000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
26432000 usd
CY2023Q1 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
4124099000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
3729927000 usd
CY2023Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
39691000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
37495000 usd
CY2023Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
4084408000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
3692432000 usd
CY2023Q1 us-gaap Line Of Credit Facility Maximum Amount Outstanding During Period
LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod
956308000 usd
CY2022Q1 us-gaap Line Of Credit Facility Maximum Amount Outstanding During Period
LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod
1451597000 usd
CY2023Q1 us-gaap Line Of Credit Facility Average Outstanding Amount
LineOfCreditFacilityAverageOutstandingAmount
859270000 usd
CY2022Q1 us-gaap Line Of Credit Facility Average Outstanding Amount
LineOfCreditFacilityAverageOutstandingAmount
1256150000 usd
CY2023Q1 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0599
CY2022Q1 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0171
CY2023Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
7800000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
8300000 usd
CY2023Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
8100000 usd
CY2022Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1500000 usd
CY2023Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
911000 usd
CY2022Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
440000 usd
CY2023Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
208000 usd
CY2022Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
27000 usd
CY2023Q1 us-gaap Operating Lease Cost
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CY2023Q1 us-gaap Finance Lease Liability
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CY2023Q1 us-gaap Unrecognized Tax Benefits
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CY2023Q1 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
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CY2022Q4 us-gaap Stock Repurchased During Period Value
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158000 shares
CY2022Q3 us-gaap Stock Repurchased During Period Value
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CY2022Q2 us-gaap Stock Repurchased During Period Value
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CY2022Q1 us-gaap Stock Repurchased During Period Value
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CY2022Q1 us-gaap Payments For Repurchase Of Common Stock
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9500000 usd
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12100000 usd
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CY2022Q4 us-gaap Dividends Cash
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49600000 usd
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CY2022Q4 us-gaap Other Accrued Liabilities Current
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CY2023Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
1700000000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
1650000000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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1100000000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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1020000000.00 usd
CY2023Q1 us-gaap Increase Decrease In Accounts And Notes Receivable
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CY2022Q1 us-gaap Increase Decrease In Accounts And Notes Receivable
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CY2023Q1 us-gaap Increase Decrease In Contract With Customer Asset
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CY2022Q1 us-gaap Increase Decrease In Contract With Customer Asset
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165549000 usd
CY2023Q1 us-gaap Increase Decrease In Inventories
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CY2022Q1 us-gaap Increase Decrease In Inventories
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9488000 usd
CY2023Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
29227000 usd
CY2022Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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-21094000 usd
CY2023Q1 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-33618000 usd
CY2022Q1 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
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CY2023Q1 us-gaap Increase Decrease In Contract With Customer Liability
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320000 usd
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CY2023Q1 us-gaap Increase Decrease In Other Operating Capital Net
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6926000 usd
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CY2023Q1 us-gaap Increase Decrease In Operating Capital
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247328000 usd
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188829000 usd
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240836000 usd
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428505000 usd
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229097000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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433214000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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231887000 usd
CY2023Q1 us-gaap Operating Lease Payments
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23627000 usd
CY2022Q1 us-gaap Operating Lease Payments
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25057000 usd
CY2023Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
28000 usd
CY2022Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
27000 usd
CY2023Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
422000 usd
CY2022Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
365000 usd
CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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30876000 usd
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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9106000 usd
CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
13277000 usd
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
1134000 usd
CY2023Q1 pwr Rental Purchase Option Asset Obtained In Exchange For Rental Purchase Option Liability
RentalPurchaseOptionAssetObtainedInExchangeForRentalPurchaseOptionLiability
2237000 usd
CY2022Q1 pwr Rental Purchase Option Asset Obtained In Exchange For Rental Purchase Option Liability
RentalPurchaseOptionAssetObtainedInExchangeForRentalPurchaseOptionLiability
23233000 usd
CY2023Q1 us-gaap Interest Paid Net
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17606000 usd
CY2022Q1 us-gaap Interest Paid Net
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7470000 usd
CY2023Q1 us-gaap Income Taxes Paid
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17386000 usd
CY2022Q1 us-gaap Income Taxes Paid
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4832000 usd
CY2023Q1 us-gaap Proceeds From Income Tax Refunds
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1266000 usd
CY2022Q1 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
2957000 usd
CY2023Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
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20500000 usd
CY2022Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
21400000 usd

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