10-Q Filing

PRIMORIS SERVICES CORP CIK: 1361538 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0001558370-19-004108`
Period End Date	20190331
Filing Date	20190507
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	prim-20190331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 44 Cash Flow Statement 69 Stockholders Equity 18 Comprehensive Income 9

Balance Sheet 72 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents ($9,213 and $3,127 related to VIEs. See Note 11)	`CashAndCashEquivalentsAtCarryingValue`	$151.06M	USD	Point-in-time
Cash and cash equivalents ($9,213 and $3,127 related to VIEs. See Note 11)	`CashAndCashEquivalentsAtCarryingValue`	$73.98M	USD	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$372.69M	USD	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$397.79M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$364.25M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$366.44M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$151.06M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$73.98M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$36.44M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$38.12M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$876.33M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$924.45M	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
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$369.13M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$153.17M	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 issued	`CommonStockSharesIssued`	51.72M	shares	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$1.49M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$1.46M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	50.84M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$81.20M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	51.72M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	50.84M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$78.45M	USD	Point-in-time
Goodwill	`Goodwill`	$207.41M	USD	Point-in-time
Goodwill	`Goodwill`	$206.16M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$4.79M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$5.00M	USD	Point-in-time
Total assets	`Assets`	$1.59B	USD	Point-in-time
Total assets	`Assets`	$1.69B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$249.22M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$190.24M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$189.54M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$194.09M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$117.53M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$165.92M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$3.04M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$3.05M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$66.87M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$62.49M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$620.18M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$621.81M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$307.27M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$305.67M	USD	Point-in-time
Noncurrent operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$104.04M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$8.17M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$7.27M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$41.62M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$51.52M	USD	Point-in-time
Total liabilities	`Liabilities`	$987.16M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.08B	USD	Point-in-time
Commitments and contingencies (See Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (See Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock$.0001 par value; 90,000,000 shares authorized; 50,842,902 and 51,715,518 issued and outstanding at March 31, 2019 and December 31, 2018	`CommonStockValue`	$5.00K	USD	Point-in-time
Common stock$.0001 par value; 90,000,000 shares authorized; 50,842,902 and 51,715,518 issued and outstanding at March 31, 2019 and December 31, 2018	`CommonStockValue`	$5.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$147.21M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$144.05M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$459.96M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$461.07M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-534.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-908.00K	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$3.75M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$2.76M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$562.18M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$606.98M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$610.38M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$565.50M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.59B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.69B	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$661.56M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$504.12M	USD	1 Quarter
Cost of revenue	`CostOfServicesExcludingDepreciationDepletionAndAmortization`	$459.56M	USD	1 Quarter
Cost of revenue	`CostOfServicesExcludingDepreciationDepletionAndAmortization`	$609.10M	USD	1 Quarter
Gross profit	`GrossProfit`	$52.46M	USD	1 Quarter
Gross profit	`GrossProfit`	$44.56M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$36.96M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$42.93M	USD	1 Quarter
Merger and related costs	`BusinessCombinationAcquisitionRelatedCosts`	$1.70M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$9.53M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$5.91M	USD	1 Quarter
Foreign exchange (loss) gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$257.00K	USD	1 Quarter
Foreign exchange (loss) gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$-185.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-370.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-12.00K	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$349.00K	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$272.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$5.59M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.00M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.73M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.43M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$795.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$212.00K	USD	1 Quarter
Net income	`ProfitLoss`	$4.22M	USD	1 Quarter
Net income	`ProfitLoss`	$2.94M	USD	1 Quarter
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$989.00K	USD	1 Quarter
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.53M	USD	1 Quarter
Net income attributable to Primoris	`NetIncomeLoss`	$1.95M	USD	1 Quarter
Net income attributable to Primoris	`NetIncomeLoss`	$688.00K	USD	1 Quarter
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	1 Quarter
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	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.04	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.04	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.01	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	51.48M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.77M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.75M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.19M	shares	1 Quarter

Cash Flow Statement 69 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$4.22M	USD	1 Quarter
Net income	`ProfitLoss`	$2.94M	USD	1 Quarter
Depreciation	`Depreciation`	$14.37M	USD	1 Quarter
Depreciation	`Depreciation`	$18.95M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.42M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.75M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$215.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$487.00K	USD	1 Quarter
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$1.10M	USD	1 Quarter
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$2.22M	USD	1 Quarter
Other non-cash items	`OtherNoncashExpense`	$80.00K	USD	1 Quarter
Other non-cash items	`OtherNoncashExpense`	$40.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInReceivables`	$24.72M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInReceivables`	$-30.67M	USD	1 Quarter
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$-2.97M	USD	1 Quarter
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$2.33M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$2.23M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$6.36M	USD	1 Quarter
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-182.00K	USD	1 Quarter
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$499.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-59.20M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-9.99M	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$2.59M	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-31.72M	USD	1 Quarter
Operating lease assets and liabilities, net	`IncreaseDecreaseInOperatingLeaseAssetsAndLiabilities`	$1.45M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-9.66M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-1.81M	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$1.74M	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$231.00K	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.66M	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-72.10M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.38M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$19.12M	USD	1 Quarter
Issuance of a note receivable	`PaymentsToAcquireNotesReceivable`	$10.00M	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.40M	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.73M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-25.39M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.98M	USD	1 Quarter
Borrowings under revolving line of credit	`ProceedsFromLinesOfCredit`	$40.00M	USD	1 Quarter
Payments on revolving line of credit	`RepaymentsOfLinesOfCredit`	$40.00M	USD	1 Quarter
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$23.11M	USD	1 Quarter
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$12.87M	USD	1 Quarter
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$17.17M	USD	1 Quarter
Proceeds from issuance of common stock purchased under a long-term incentive plan	`ProceedsFromIssuanceOfCommonStock`	$1.50M	USD	1 Quarter
Proceeds from issuance of common stock purchased under a long-term incentive plan	`ProceedsFromIssuanceOfCommonStock`	$1.80M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$3.09M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$3.04M	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-26.00K	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-23.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-14.48M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.67M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$327.00K	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-36.21M	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-77.08M	USD	1 Quarter
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$73.98M	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`	$134.17M	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`	$73.98M	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`	$134.17M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$170.38M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$4.07M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$1.97M	USD	1 Quarter
Cash paid for income taxes, net of refunds received	`IncomeTaxesPaidNet`	$-707.00K	USD	1 Quarter
Cash paid for income taxes, net of refunds received	`IncomeTaxesPaidNet`	$88.00K	USD	1 Quarter
Leased assets obtained in exchange for new operating leases	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$8.85M	USD	1 Quarter
Dividends declared and not yet paid	`DividendsPayableCurrentAndNoncurrent`	$3.09M	USD	Point-in-time
Dividends declared and not yet paid	`DividendsPayableCurrentAndNoncurrent`	$3.05M	USD	Point-in-time

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$562.18M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$606.98M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$610.38M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$565.50M	USD	Point-in-time
Net income	`ProfitLoss`	$4.22M	USD	1 Quarter
Net income	`ProfitLoss`	$2.94M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$374.00K	USD	1 Quarter
Issuance of shares to employees and directors	`StockIssuedDuringPeriodValueIssuedToEmployeesAndDirectors`	$1.97M	USD	1 Quarter
Issuance of shares to employees and directors	`StockIssuedDuringPeriodValueIssuedToEmployeesAndDirectors`	$2.66M	USD	1 Quarter
Amortization of Restricted Stock Units	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$215.00K	USD	1 Quarter
Amortization of Restricted Stock Units	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$487.00K	USD	1 Quarter
Distribution of non-controlling entities	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$5.00K	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$3.09M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$3.05M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$562.18M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$606.98M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$610.38M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$565.50M	USD	Point-in-time

Comprehensive Income 9 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$4.22M	USD	1 Quarter
Net income	`ProfitLoss`	$2.94M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$374.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$4.22M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.31M	USD	1 Quarter
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$989.00K	USD	1 Quarter
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.53M	USD	1 Quarter
Comprehensive income attributable to Primoris	`ComprehensiveIncomeNetOfTax`	$2.32M	USD	1 Quarter
Comprehensive income attributable to Primoris	`ComprehensiveIncomeNetOfTax`	$688.00K	USD	1 Quarter

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