10-Q Filing

PRIMORIS SERVICES CORP CIK: 1361538 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001558370-19-009725`
Period End Date	20190930
Filing Date	20191104
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	prim-20190930x10q05821d_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 85 Cash Flow Statement 84 Stockholders Equity 49 Comprehensive Income 20

Balance Sheet 72 line items

Line Item	Tag	Value	Unit	Period
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
Common stock, shares authorized	`CommonStockSharesAuthorized`	90.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$151.06M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	90.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$43.84M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	50.98M	shares	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$372.69M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	51.72M	shares	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$551.54M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$331.91M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	51.72M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	50.98M	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$364.25M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$34.22M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$36.44M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$961.51M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$924.45M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$379.74M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$375.88M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$228.10M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$1.46M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$888.00K	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$72.58M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$81.20M	USD	Point-in-time
Goodwill	`Goodwill`	$206.16M	USD	Point-in-time
Goodwill	`Goodwill`	$215.10M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$11.05M	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`	$1.87B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$249.22M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$219.79M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$189.66M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$189.54M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$219.47M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$117.53M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$3.06M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$3.04M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$60.10M	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`	$692.09M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$307.40M	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`	$162.42M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$8.17M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$3.61M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$49.29M	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`	$1.21B	USD	Point-in-time
Commitments and contingencies (See Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (See Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock-$.0001 par value; 90,000,000 shares authorized; 50,982,098 and 51,715,518 issued and outstanding at September 30, 2019 and December 31, 2018	`CommonStockValue`	$5.00K	USD	Point-in-time
Common stock-$.0001 par value; 90,000,000 shares authorized; 50,982,098 and 51,715,518 issued and outstanding at September 30, 2019 and December 31, 2018	`CommonStockValue`	$5.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$146.76M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$144.05M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$461.07M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$507.27M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-338.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-908.00K	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$2.76M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$462.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$620.87M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$654.16M	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`	$577.19M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$592.48M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.59B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.87B	USD	Point-in-time

Income Statement 85 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.32B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$908.90M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.06B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$865.06M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$2.08B	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$802.40M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$756.64M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$1.84B	USD	3 Qtrs
Gross profit	`GrossProfit`	$108.42M	USD	1 Quarter
Gross profit	`GrossProfit`	$241.41M	USD	3 Qtrs
Gross profit	`GrossProfit`	$106.50M	USD	1 Quarter
Gross profit	`GrossProfit`	$222.48M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$51.60M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$132.05M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$49.83M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$141.48M	USD	3 Qtrs
Merger and related costs	`BusinessCombinationAcquisitionRelatedCosts`	$3.83M	USD	1 Quarter
Merger and related costs	`BusinessCombinationAcquisitionRelatedCosts`	$13.19M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$58.59M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$77.25M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$99.94M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$51.07M	USD	1 Quarter
Foreign exchange (loss) gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$-136.00K	USD	1 Quarter
Foreign exchange (loss) gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$-69.00K	USD	1 Quarter
Foreign exchange (loss) gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$-724.00K	USD	3 Qtrs
Foreign exchange (loss) gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$1.44M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-2.93M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-751.00K	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$32.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-3.12M	USD	3 Qtrs
Interest income	`InvestmentIncomeNet`	$1.54M	USD	3 Qtrs
Interest income	`InvestmentIncomeNet`	$42.00K	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$932.00K	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$610.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$17.49M	USD	3 Qtrs
Interest expense	`InterestExpense`	$6.45M	USD	1 Quarter
Interest expense	`InterestExpense`	$11.64M	USD	3 Qtrs
Interest expense	`InterestExpense`	$5.19M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$50.39M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$79.21M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$67.84M	USD	3 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$45.52M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$14.56M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$22.62M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$10.72M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$14.63M	USD	3 Qtrs
Net income	`ProfitLoss`	$53.21M	USD	3 Qtrs
Net income	`ProfitLoss`	$34.80M	USD	1 Quarter
Net income	`ProfitLoss`	$56.59M	USD	3 Qtrs
Net income	`ProfitLoss`	$35.83M	USD	1 Quarter
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.20M	USD	3 Qtrs
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$8.12M	USD	3 Qtrs
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.11M	USD	1 Quarter
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$178.00K	USD	1 Quarter
Net income attributable to Primoris	`NetIncomeLoss`	$45.09M	USD	3 Qtrs
Net income attributable to Primoris	`NetIncomeLoss`	$35.65M	USD	1 Quarter
Net income attributable to Primoris	`NetIncomeLoss`	$55.38M	USD	3 Qtrs
Net income attributable to Primoris	`NetIncomeLoss`	$32.69M	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`	$0.18	USD	3 Qtrs
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.18	USD	3 Qtrs
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	1 Quarter
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.88	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.09	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.64	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.70	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.70	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.63	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.08	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.87	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.89M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	51.40M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.98M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	51.47M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.73M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.21M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.76M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.22M	shares	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$53.21M	USD	3 Qtrs
Net income	`ProfitLoss`	$34.80M	USD	1 Quarter
Net income	`ProfitLoss`	$56.59M	USD	3 Qtrs
Net income	`ProfitLoss`	$35.83M	USD	1 Quarter
Depreciation	`Depreciation`	$47.71M	USD	3 Qtrs
Depreciation	`Depreciation`	$55.94M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$3.10M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.90M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$8.29M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$8.62M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$1.22M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$748.00K	USD	3 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$3.21M	USD	3 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$7.02M	USD	3 Qtrs
Other non-cash items	`OtherNoncashExpense`	$240.00K	USD	3 Qtrs
Other non-cash items	`OtherNoncashExpense`	$180.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$177.94M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$78.82M	USD	3 Qtrs
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$-32.27M	USD	3 Qtrs
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$85.82M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-1.22M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-11.06M	USD	3 Qtrs
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-167.00K	USD	3 Qtrs
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$957.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-29.76M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$24.10M	USD	3 Qtrs
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-11.06M	USD	3 Qtrs
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-3.92M	USD	3 Qtrs
Operating lease assets and liabilities, net	`IncreaseDecreaseInOperatingLeaseAssetsAndLiabilities`	$1.49M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$16.40M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$17.66M	USD	3 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$5.30M	USD	3 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$6.08M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-40.12M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-12.87M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$78.25M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$80.77M	USD	3 Qtrs
Issuance of a note receivable	`PaymentsToAcquireNotesReceivable`	$15.00M	USD	3 Qtrs
Proceeds from a note receivable	`ProceedsFromSaleOfNotesReceivable`	$15.00M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$24.39M	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$9.65M	USD	3 Qtrs
Cash paid for acquisitions, net of cash and restricted cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$111.03M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-53.86M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-182.14M	USD	3 Qtrs
Borrowings under revolving line of credit	`ProceedsFromLinesOfCredit`	$212.88M	USD	3 Qtrs
Borrowings under revolving line of credit	`ProceedsFromLinesOfCredit`	$170.00M	USD	3 Qtrs
Payments on revolving line of credit	`RepaymentsOfLinesOfCredit`	$212.88M	USD	3 Qtrs
Payments on revolving line of credit	`RepaymentsOfLinesOfCredit`	$170.00M	USD	3 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$239.47M	USD	3 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$55.01M	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$127.29M	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$55.82M	USD	3 Qtrs
Proceeds from issuance of common stock purchased under a long-term incentive plan	`ProceedsFromIssuanceOfCommonStock`	$1.80M	USD	3 Qtrs
Proceeds from issuance of common stock purchased under a long-term incentive plan	`ProceedsFromIssuanceOfCommonStock`	$1.50M	USD	3 Qtrs
Payment of taxes on conversion of Restricted Stock Units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.52M	USD	3 Qtrs
Payment of contingent earnout liability	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$1.20M	USD	3 Qtrs
Cash distribution to noncontrolling interest holders	`PaymentsToMinorityShareholders`	$3.50M	USD	3 Qtrs
Cash distribution to noncontrolling interest holders	`PaymentsToMinorityShareholders`	$8.75M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$8.48M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$9.27M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$9.15M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-328.00K	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.11M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$84.86M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-13.52M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-193.00K	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$268.00K	USD	3 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-107.23M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-110.35M	USD	3 Qtrs
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$60.04M	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 beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.84M	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 end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$60.04M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$170.38M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.84M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$151.06M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$11.66M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$12.40M	USD	3 Qtrs
Cash (received) paid for income taxes, net	`IncomeTaxesPaidNet`	$5.38M	USD	3 Qtrs
Cash (received) paid for income taxes, net	`IncomeTaxesPaidNet`	$-1.42M	USD	3 Qtrs
Leased assets obtained in exchange for new operating leases	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$118.75M	USD	3 Qtrs
Dividends declared and not yet paid	`DividendsPayableCurrentAndNoncurrent`	$3.06M	USD	Point-in-time
Dividends declared and not yet paid	`DividendsPayableCurrentAndNoncurrent`	$3.07M	USD	Point-in-time

Stockholders Equity 49 line items

Line Item	Tag	Value	Unit	Period
Cash dividend declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Cash dividend declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.18	USD	3 Qtrs
Cash dividend declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.18	USD	3 Qtrs
Cash dividend declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Cash dividend declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Cash dividend declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Cash dividend declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Cash dividend declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Cash dividend declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Cash dividend declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	1 Quarter
Cash dividend declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$620.87M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$654.16M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$562.18M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$606.98M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$577.19M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$592.48M	USD	Point-in-time
Net income	`ProfitLoss`	$53.21M	USD	3 Qtrs
Net income	`ProfitLoss`	$34.80M	USD	1 Quarter
Net income	`ProfitLoss`	$56.59M	USD	3 Qtrs
Net income	`ProfitLoss`	$35.83M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$570.00K	USD	3 Qtrs
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-166.00K	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$200.00K	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$577.00K	USD	3 Qtrs
Issuance of shares to employees and/or directors	`StockIssuedDuringPeriodValueShareBasedCompensation`	$271.00K	USD	1 Quarter
Issuance of shares to employees and/or directors	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.00M	USD	3 Qtrs
Issuance of shares to employees and/or directors	`StockIssuedDuringPeriodValueShareBasedCompensation`	$337.00K	USD	1 Quarter
Issuance of shares to employees and/or directors	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.25M	USD	3 Qtrs
Amortization of Restricted Stock Units	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$1.22M	USD	3 Qtrs
Amortization of Restricted Stock Units	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$318.00K	USD	1 Quarter
Amortization of Restricted Stock Units	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$360.00K	USD	1 Quarter
Amortization of Restricted Stock Units	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$748.00K	USD	3 Qtrs
Conversion of Restricted Stock Units, net of forfeitures for tax withholdings	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$-1.52M	USD	3 Qtrs
Repurchase of stock	`StockRepurchasedDuringPeriodValue`	$8.48M	USD	1 Quarter
Repurchase of stock	`StockRepurchasedDuringPeriodValue`	$8.48M	USD	3 Qtrs
Distribution of noncontrolling entities	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$8.75M	USD	3 Qtrs
Distribution of noncontrolling entities	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$8.75M	USD	1 Quarter
Distribution of noncontrolling entities	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.50M	USD	3 Qtrs
Dividends declared	`DividendsCommonStockCash`	$9.17M	USD	3 Qtrs
Dividends declared	`DividendsCommonStockCash`	$3.07M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$9.26M	USD	3 Qtrs
Dividends declared	`DividendsCommonStockCash`	$3.06M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$620.87M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$654.16M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$562.18M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$606.98M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$577.19M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$592.48M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$53.21M	USD	3 Qtrs
Net income	`ProfitLoss`	$34.80M	USD	1 Quarter
Net income	`ProfitLoss`	$56.59M	USD	3 Qtrs
Net income	`ProfitLoss`	$35.83M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$570.00K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-166.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$200.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$577.00K	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$35.01M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$35.66M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$57.16M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$53.79M	USD	3 Qtrs
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.20M	USD	3 Qtrs
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$8.12M	USD	3 Qtrs
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.11M	USD	1 Quarter
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$178.00K	USD	1 Quarter
Comprehensive income attributable to Primoris	`ComprehensiveIncomeNetOfTax`	$35.48M	USD	1 Quarter
Comprehensive income attributable to Primoris	`ComprehensiveIncomeNetOfTax`	$55.95M	USD	3 Qtrs
Comprehensive income attributable to Primoris	`ComprehensiveIncomeNetOfTax`	$45.67M	USD	3 Qtrs
Comprehensive income attributable to Primoris	`ComprehensiveIncomeNetOfTax`	$32.89M	USD	1 Quarter

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