10-K Filing

PRIMORIS SERVICES CORP CIK: 1361538 FY 2018

Filing Information

Form Type	10-K
Accession Number	`0001558370-19-001230`
Period End Date	20181231
Filing Date	20190228
Fiscal Year	2018
Fiscal Period	FY
XBRL Instance	prim-20181231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 71 Income Statement 141 Cash Flow Statement 122 Stockholders Equity 33 Comprehensive Income 21

Balance Sheet 71 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents ($3,127 and $60,256 related to VIEs. See Note 11)	`CashAndCashEquivalentsAtCarryingValue`	$170.38M	USD	Point-in-time
Cash and cash equivalents ($3,127 and $60,256 related to VIEs. See Note 11)	`CashAndCashEquivalentsAtCarryingValue`	$151.06M	USD	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$372.69M	USD	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$291.59M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$265.90M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$364.25M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$170.38M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$15.34M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$36.44M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$151.06M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$924.45M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$743.21M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$311.78M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$375.88M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	90.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	90.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	90.00M	shares	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$1.46M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$44.80M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	51.45M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$81.20M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	50.72M	shares	Point-in-time
Goodwill	`Goodwill`	$206.16M	USD	Point-in-time
Goodwill	`Goodwill`	$127.23M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	50.72M	shares	Point-in-time
Goodwill	`Goodwill`	$153.37M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	51.45M	shares	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$2.58M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$5.00M	USD	Point-in-time
Total assets	`Assets`	$1.26B	USD	Point-in-time
Total assets	`Assets`	$1.59B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$140.94M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$249.22M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$189.54M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$169.38M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$117.53M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$76.03M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$3.04M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$3.09M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$65.46M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$62.49M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$621.81M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$454.90M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$305.67M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$193.35M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$13.57M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$8.17M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$51.52M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$31.74M	USD	Point-in-time
Total liabilities	`Liabilities`	$987.16M	USD	Point-in-time
Total liabilities	`Liabilities`	$693.56M	USD	Point-in-time
Commitments and contingencies (See Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (See Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock$.0001 par value; 90,000,000 shares authorized; 50,715,518 and 51,448,753 issued and outstanding at December 31, 2018 and December 31, 2017	`CommonStockValue`	$5.00K	USD	Point-in-time
Common stock$.0001 par value; 90,000,000 shares authorized; 50,715,518 and 51,448,753 issued and outstanding at December 31, 2018 and December 31, 2017	`CommonStockValue`	$5.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$144.05M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$160.50M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$461.07M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$395.96M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-908.00K	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$5.71M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$2.76M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$483.46M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$606.98M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$498.57M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$562.18M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.59B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.26B	USD	Point-in-time

Income Statement 141 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$579.02M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.00B	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$908.90M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.94B	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$877.67M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.38B	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$631.16M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$648.79M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$561.50M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$608.31M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$504.12M	USD	1 Quarter
Cost of revenue	`CostOfServicesExcludingDepreciationDepletionAndAmortization`	$2.10B	USD	Annual
Cost of revenue	`CostOfServicesExcludingDepreciationDepletionAndAmortization`	$1.80B	USD	Annual
Cost of revenue	`CostOfServicesExcludingDepreciationDepletionAndAmortization`	$2.61B	USD	Annual
Gross profit	`GrossProfit`	$71.42M	USD	1 Quarter
Gross profit	`GrossProfit`	$103.25M	USD	1 Quarter
Gross profit	`GrossProfit`	$201.31M	USD	Annual
Gross profit	`GrossProfit`	$68.48M	USD	1 Quarter
Gross profit	`GrossProfit`	$55.05M	USD	1 Quarter
Gross profit	`GrossProfit`	$278.43M	USD	Annual
Gross profit	`GrossProfit`	$84.48M	USD	1 Quarter
Gross profit	`GrossProfit`	$106.50M	USD	1 Quarter
Gross profit	`GrossProfit`	$325.74M	USD	Annual
Gross profit	`GrossProfit`	$44.56M	USD	1 Quarter
Gross profit	`GrossProfit`	$70.42M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$140.03M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$170.37M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$182.01M	USD	Annual
Merger and related costs	`BusinessCombinationAcquisitionRelatedCosts`	$13.26M	USD	Annual
Merger and related costs	`BusinessCombinationAcquisitionRelatedCosts`	$1.77M	USD	Annual
Merger and related costs	`BusinessCombinationAcquisitionRelatedCosts`	$815.00K	USD	Annual
Impairment of goodwill	`GoodwillImpairmentLoss`	-	USD	Annual
Impairment of goodwill	`GoodwillImpairmentLoss`	$2.70M	USD	1 Quarter
Impairment of goodwill	`GoodwillImpairmentLoss`	-	USD	Annual
Impairment of goodwill	`GoodwillImpairmentLoss`	$2.72M	USD	Annual
Operating income	`OperatingIncomeLoss`	$106.29M	USD	Annual
Operating income	`OperatingIncomeLoss`	$57.75M	USD	Annual
Operating income	`OperatingIncomeLoss`	$130.47M	USD	Annual
Investment income	`MarketableSecuritiesUnrealizedGainLoss`	$5.82M	USD	Annual
Foreign exchange gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$253.00K	USD	Annual
Foreign exchange gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$202.00K	USD	Annual
Foreign exchange gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$688.00K	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-315.00K	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-808.00K	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$484.00K	USD	Annual
Interest income	`InvestmentIncomeNet`	$587.00K	USD	Annual
Interest income	`InvestmentIncomeNet`	$149.00K	USD	Annual
Interest income	`InvestmentIncomeNet`	$1.75M	USD	Annual
Interest expense	`InterestExpense`	$8.91M	USD	Annual
Interest expense	`InterestExpense`	$18.75M	USD	Annual
Interest expense	`InterestExpense`	$8.15M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$48.87M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$113.36M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$105.28M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$28.43M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$21.15M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$25.77M	USD	Annual
Net income	`ProfitLoss`	$27.73M	USD	Annual
Net income	`ProfitLoss`	$22.40M	USD	1 Quarter
Net income	`ProfitLoss`	$87.59M	USD	Annual
Net income	`ProfitLoss`	$23.81M	USD	1 Quarter
Net income	`ProfitLoss`	$76.85M	USD	Annual
Net income	`ProfitLoss`	$4.22M	USD	1 Quarter
Net income	`ProfitLoss`	$34.38M	USD	1 Quarter
Net income	`ProfitLoss`	$34.80M	USD	1 Quarter
Net income	`ProfitLoss`	$14.19M	USD	1 Quarter
Net income	`ProfitLoss`	$22.13M	USD	1 Quarter
Net income	`ProfitLoss`	$8.51M	USD	1 Quarter
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.13M	USD	Annual
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00M	USD	Annual
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.50M	USD	Annual
Net income attributable to Primoris	`NetIncomeLoss`	$11.71M	USD	1 Quarter
Net income attributable to Primoris	`NetIncomeLoss`	$26.72M	USD	Annual
Net income attributable to Primoris	`NetIncomeLoss`	$22.52M	USD	1 Quarter
Net income attributable to Primoris	`NetIncomeLoss`	$7.69M	USD	1 Quarter
Net income attributable to Primoris	`NetIncomeLoss`	$688.00K	USD	1 Quarter
Net income attributable to Primoris	`NetIncomeLoss`	$32.37M	USD	1 Quarter
Net income attributable to Primoris	`NetIncomeLoss`	$77.46M	USD	Annual
Net income attributable to Primoris	`NetIncomeLoss`	$32.69M	USD	1 Quarter
Net income attributable to Primoris	`NetIncomeLoss`	$21.55M	USD	1 Quarter
Net income attributable to Primoris	`NetIncomeLoss`	$20.60M	USD	1 Quarter
Net income attributable to Primoris	`NetIncomeLoss`	$72.35M	USD	Annual
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.23	USD	Annual
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.22	USD	Annual
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.24	USD	Annual
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.41	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.63	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.64	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.44	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.51	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.40	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.52	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.42	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.23	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.15	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.63	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.50	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.01	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.23	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.44	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.42	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.63	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.40	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.40	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.15	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.51	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	51.44M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.99M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	51.40M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	51.48M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	51.76M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	51.53M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	51.45M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	51.44M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	51.48M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	51.59M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	51.35M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.74M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.69M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.40M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.67M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.75M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.85M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.71M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.79M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.99M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.73M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.71M	shares	1 Quarter

Cash Flow Statement 122 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$27.73M	USD	Annual
Net income	`ProfitLoss`	$22.40M	USD	1 Quarter
Net income	`ProfitLoss`	$87.59M	USD	Annual
Net income	`ProfitLoss`	$23.81M	USD	1 Quarter
Net income	`ProfitLoss`	$76.85M	USD	Annual
Net income	`ProfitLoss`	$4.22M	USD	1 Quarter
Net income	`ProfitLoss`	$34.38M	USD	1 Quarter
Net income	`ProfitLoss`	$34.80M	USD	1 Quarter
Net income	`ProfitLoss`	$14.19M	USD	1 Quarter
Net income	`ProfitLoss`	$22.13M	USD	1 Quarter
Net income	`ProfitLoss`	$8.51M	USD	1 Quarter
Depreciation	`Depreciation`	$57.61M	USD	Annual
Depreciation	`Depreciation`	$61.43M	USD	Annual
Depreciation	`Depreciation`	$67.95M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$11.30M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$6.60M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$8.69M	USD	Annual
Goodwill and intangible asset impairment	`GoodwillAndIntangibleAssetImpairment`	$2.72M	USD	Annual
Goodwill and intangible asset impairment	`GoodwillAndIntangibleAssetImpairment`	$477.00K	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$1.25M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$1.63M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$1.13M	USD	Annual
Gain on short-term investments	`GainOnSaleOfInvestments`	$5.82M	USD	Annual
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$4.43M	USD	Annual
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$3.56M	USD	Annual
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$4.68M	USD	Annual
Other non-cash items	`OtherNoncashExpense`	$174.00K	USD	Annual
Other non-cash items	`OtherNoncashExpense`	$203.00K	USD	Annual
Other non-cash items	`OtherNoncashExpense`	$275.00K	USD	Annual
Accounts receivable	`IncreaseDecreaseInReceivables`	$50.81M	USD	Annual
Accounts receivable	`IncreaseDecreaseInReceivables`	$-60.74M	USD	Annual
Accounts receivable	`IncreaseDecreaseInReceivables`	$-20.91M	USD	Annual
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$67.59M	USD	Annual
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$32.14M	USD	Annual
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$18.45M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-903.00K	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-7.51M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$2.28M	USD	Annual
Net deferred tax liabilities (assets)	`IncreaseDecreaseInDeferredTaxAssetsLiabilitiesNet`	$-3.74M	USD	Annual
Net deferred tax liabilities (assets)	`IncreaseDecreaseInDeferredTaxAssetsLiabilitiesNet`	$-10.90M	USD	Annual
Net deferred tax liabilities (assets)	`IncreaseDecreaseInDeferredTaxAssetsLiabilitiesNet`	$-17.16M	USD	Annual
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-244.00K	USD	Annual
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-28.00K	USD	Annual
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$1.79M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$32.32M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-30.55M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$42.93M	USD	Annual
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-43.80M	USD	Annual
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$42.61M	USD	Annual
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-21.60M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$1.92M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$8.57M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$5.93M	USD	Annual
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-3.68M	USD	Annual
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$378.00K	USD	Annual
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-895.00K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$126.81M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$188.94M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$62.58M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$110.19M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$79.78M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$58.03M	USD	Annual
Issuance of a note receivable	`PaymentsToAcquireNotesReceivable`	$15.00M	USD	Annual
Proceeds from a note receivable	`ProceedsFromSaleOfNotesReceivable`	$15.00M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$9.60M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$11.66M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$8.74M	USD	Annual
Purchase of short-term investments	`PaymentsToAcquireShortTermInvestments`	$13.59M	USD	Annual
Sale of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$19.41M	USD	Annual
Cash paid for acquisitions, net of cash and restricted cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$66.20M	USD	Annual
Cash paid for acquisitions, net of cash and restricted cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$11.00M	USD	Annual
Cash paid for acquisitions, net of cash and restricted cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$110.62M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-131.43M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-59.42M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-209.15M	USD	Annual
Borrowings under revolving line of credit	`ProceedsFromLinesOfCredit`	$190.00M	USD	Annual
Payments on revolving line of credit	`RepaymentsOfLinesOfCredit`	$190.00M	USD	Annual
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$45.00M	USD	Annual
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$255.97M	USD	Annual
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$55.00M	USD	Annual
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$61.82M	USD	Annual
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$145.73M	USD	Annual
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$57.72M	USD	Annual
Proceeds from issuance of common stock purchased under a long-term incentive plan	`ProceedsFromIssuanceOfCommonStock`	$1.50M	USD	Annual
Proceeds from issuance of common stock purchased under a long-term incentive plan	`ProceedsFromIssuanceOfCommonStock`	$1.15M	USD	Annual
Proceeds from issuance of common stock purchased under a long-term incentive plan	`ProceedsFromIssuanceOfCommonStock`	$1.44M	USD	Annual
Payment of contingent earnout liability	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$1.20M	USD	Annual
Cash distribution to non-controlling interest holders	`PaymentsToMinorityShareholders`	$13.08M	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$5.00M	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$20.00M	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$5.00M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$12.34M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$11.33M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$11.38M	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.17M	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-953.00K	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-793.00K	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-28.45M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-22.95M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$63.94M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-924.00K	USD	Annual
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-25.30M	USD	Annual
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$34.56M	USD	Annual
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-19.32M	USD	Annual
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$161.12M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$151.06M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$135.82M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$170.38M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$161.12M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$151.06M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$135.82M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$170.38M	USD	Point-in-time
Interest	`InterestPaidNet`	$8.82M	USD	Annual
Interest	`InterestPaidNet`	$16.11M	USD	Annual
Interest	`InterestPaidNet`	$7.96M	USD	Annual
Income taxes, net of refunds received	`IncomeTaxesPaidNet`	$8.62M	USD	Annual
Income taxes, net of refunds received	`IncomeTaxesPaidNet`	$25.98M	USD	Annual
Income taxes, net of refunds received	`IncomeTaxesPaidNet`	$14.25M	USD	Annual
Obligations incurred for the acquisition of property	`CapitalExpendituresIncurredButNotYetPaid`	$4.16M	USD	Annual
Dividends declared and not yet paid	`DividendsPayableCurrentAndNoncurrent`	$3.04M	USD	Point-in-time
Dividends declared and not yet paid	`DividendsPayableCurrentAndNoncurrent`	$3.09M	USD	Point-in-time
Dividends declared and not yet paid	`DividendsPayableCurrentAndNoncurrent`	$2.84M	USD	Point-in-time

Stockholders Equity 33 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$483.46M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$606.98M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$498.57M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$562.18M	USD	Point-in-time
Net income	`ProfitLoss`	$27.73M	USD	Annual
Net income	`ProfitLoss`	$22.40M	USD	1 Quarter
Net income	`ProfitLoss`	$87.59M	USD	Annual
Net income	`ProfitLoss`	$23.81M	USD	1 Quarter
Net income	`ProfitLoss`	$76.85M	USD	Annual
Net income	`ProfitLoss`	$4.22M	USD	1 Quarter
Net income	`ProfitLoss`	$34.38M	USD	1 Quarter
Net income	`ProfitLoss`	$34.80M	USD	1 Quarter
Net income	`ProfitLoss`	$14.19M	USD	1 Quarter
Net income	`ProfitLoss`	$22.13M	USD	1 Quarter
Net income	`ProfitLoss`	$8.51M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-908.00K	USD	Annual
Issuance of shares to employees and directors	`StockIssuedDuringPeriodValueIssuedToEmployeesAndDirectors`	$2.21M	USD	Annual
Issuance of shares to employees and directors	`StockIssuedDuringPeriodValueIssuedToEmployeesAndDirectors`	$2.25M	USD	Annual
Issuance of shares to employees and directors	`StockIssuedDuringPeriodValueIssuedToEmployeesAndDirectors`	$2.13M	USD	Annual
Amortization of Restricted Stock Units	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$1.25M	USD	Annual
Amortization of Restricted Stock Units	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$1.63M	USD	Annual
Amortization of Restricted Stock Units	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$1.13M	USD	Annual
Repurchase of stock	`StockRepurchasedDuringPeriodValue`	$20.00M	USD	Annual
Repurchase of stock	`StockRepurchasedDuringPeriodValue`	$5.00M	USD	Annual
Repurchase of stock	`StockRepurchasedDuringPeriodValue`	$5.00M	USD	Annual
Distribution of non-controlling entities	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$13.08M	USD	Annual
Dividends declared	`DividendsCommonStockCash`	$11.57M	USD	Annual
Dividends declared	`DividendsCommonStockCash`	$11.38M	USD	Annual
Dividends declared	`DividendsCommonStockCash`	$12.30M	USD	Annual
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$483.46M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$606.98M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$498.57M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$562.18M	USD	Point-in-time

Comprehensive Income 21 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$27.73M	USD	Annual
Net income	`ProfitLoss`	$22.40M	USD	1 Quarter
Net income	`ProfitLoss`	$87.59M	USD	Annual
Net income	`ProfitLoss`	$23.81M	USD	1 Quarter
Net income	`ProfitLoss`	$76.85M	USD	Annual
Net income	`ProfitLoss`	$4.22M	USD	1 Quarter
Net income	`ProfitLoss`	$34.38M	USD	1 Quarter
Net income	`ProfitLoss`	$34.80M	USD	1 Quarter
Net income	`ProfitLoss`	$14.19M	USD	1 Quarter
Net income	`ProfitLoss`	$22.13M	USD	1 Quarter
Net income	`ProfitLoss`	$8.51M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-908.00K	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$86.69M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$27.73M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$76.85M	USD	Annual
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.13M	USD	Annual
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00M	USD	Annual
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.50M	USD	Annual
Comprehensive income attributable to Primoris	`ComprehensiveIncomeNetOfTax`	$76.55M	USD	Annual
Comprehensive income attributable to Primoris	`ComprehensiveIncomeNetOfTax`	$26.72M	USD	Annual
Comprehensive income attributable to Primoris	`ComprehensiveIncomeNetOfTax`	$72.35M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.