10-K Filing

PRIMORIS SERVICES CORP CIK: 1361538 FY 2019

Filing Information

Form Type	10-K
Accession Number	`0001558370-20-001249`
Period End Date	20191231
Filing Date	20200225
Fiscal Year	2019
Fiscal Period	FY
XBRL Instance	prim-20191231x10ke43d96_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 71 Income Statement 136 Cash Flow Statement 126 Stockholders Equity 42 Comprehensive Income 22

Balance Sheet 71 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$120.29M	USD	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	90.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	48.67M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	50.72M	shares	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$404.91M	USD	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$372.69M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	48.67M	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$364.25M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$344.81M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	50.72M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$36.44M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$42.70M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$912.71M	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
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$375.89M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$242.38M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$1.10M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$1.46M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$69.83M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$81.20M	USD	Point-in-time
Goodwill	`Goodwill`	$153.37M	USD	Point-in-time
Goodwill	`Goodwill`	$215.10M	USD	Point-in-time
Goodwill	`Goodwill`	$206.16M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$13.45M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$5.00M	USD	Point-in-time
Total assets	`Assets`	$1.83B	USD	Point-in-time
Total assets	`Assets`	$1.59B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$249.22M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$235.97M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$189.54M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$192.40M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$117.53M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$183.50M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$2.92M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$3.04M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$55.66M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$62.49M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$670.45M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$621.81M	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`	$295.64M	USD	Point-in-time
Noncurrent operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$171.22M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$17.82M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$8.17M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$51.52M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$45.80M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.20B	USD	Point-in-time
Total liabilities	`Liabilities`	$987.16M	USD	Point-in-time
Commitments and contingencies (See Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (See Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock-$.0001 par value; 90,000,000 shares authorized; 48,665,138 and 51,715,518 issued and outstanding at December 31, 2019 and 2018, respectively	`CommonStockValue`	$5.00K	USD	Point-in-time
Common stock-$.0001 par value; 90,000,000 shares authorized; 48,665,138 and 51,715,518 issued and outstanding at December 31, 2019 and 2018, respectively	`CommonStockValue`	$5.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$144.05M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$97.13M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$461.07M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$531.29M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$76.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-908.00K	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$1.03M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$2.76M	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 stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$629.53M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.59B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.83B	USD	Point-in-time

Income Statement 136 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$661.56M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.38B	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$789.78M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.94B	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$908.90M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$865.06M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$504.12M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$877.67M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$648.79M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.11B	USD	Annual
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$789.93M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$2.78B	USD	Annual
Cost of revenue	`CostOfGoodsAndServicesSold`	$2.61B	USD	Annual
Cost of revenue	`CostOfGoodsAndServicesSold`	$2.10B	USD	Annual
Gross profit	`GrossProfit`	$278.43M	USD	Annual
Gross profit	`GrossProfit`	$80.53M	USD	1 Quarter
Gross profit	`GrossProfit`	$330.93M	USD	Annual
Gross profit	`GrossProfit`	$325.74M	USD	Annual
Gross profit	`GrossProfit`	$44.56M	USD	1 Quarter
Gross profit	`GrossProfit`	$52.46M	USD	1 Quarter
Gross profit	`GrossProfit`	$89.51M	USD	1 Quarter
Gross profit	`GrossProfit`	$103.25M	USD	1 Quarter
Gross profit	`GrossProfit`	$108.42M	USD	1 Quarter
Gross profit	`GrossProfit`	$71.42M	USD	1 Quarter
Gross profit	`GrossProfit`	$106.50M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$190.05M	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
Operating income	`OperatingIncomeLoss`	$106.29M	USD	Annual
Operating income	`OperatingIncomeLoss`	$130.47M	USD	Annual
Operating income	`OperatingIncomeLoss`	$140.88M	USD	Annual
Investment income	`MarketableSecuritiesUnrealizedGainLoss`	$5.82M	USD	Annual
Foreign exchange (loss) gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$-690.00K	USD	Annual
Foreign exchange (loss) gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$253.00K	USD	Annual
Foreign exchange (loss) gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$688.00K	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-3.13M	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$484.00K	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-808.00K	USD	Annual
Interest income	`InvestmentIncomeNet`	$955.00K	USD	Annual
Interest income	`InvestmentIncomeNet`	$1.75M	USD	Annual
Interest income	`InvestmentIncomeNet`	$587.00K	USD	Annual
Interest expense	`InterestExpense`	$8.15M	USD	Annual
Interest expense	`InterestExpense`	$20.10M	USD	Annual
Interest expense	`InterestExpense`	$18.75M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$105.28M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$113.36M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$117.91M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$25.77M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$28.43M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$33.81M	USD	Annual
Net income	`ProfitLoss`	$34.38M	USD	1 Quarter
Net income	`ProfitLoss`	$27.51M	USD	1 Quarter
Net income	`ProfitLoss`	$4.22M	USD	1 Quarter
Net income	`ProfitLoss`	$14.19M	USD	1 Quarter
Net income	`ProfitLoss`	$87.59M	USD	Annual
Net income	`ProfitLoss`	$84.10M	USD	Annual
Net income	`ProfitLoss`	$35.83M	USD	1 Quarter
Net income	`ProfitLoss`	$76.85M	USD	Annual
Net income	`ProfitLoss`	$2.94M	USD	1 Quarter
Net income	`ProfitLoss`	$34.80M	USD	1 Quarter
Net income	`ProfitLoss`	$17.82M	USD	1 Quarter
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.13M	USD	Annual
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.50M	USD	Annual
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.77M	USD	Annual
Net income attributable to Primoris	`NetIncomeLoss`	$17.79M	USD	1 Quarter
Net income attributable to Primoris	`NetIncomeLoss`	$1.95M	USD	1 Quarter
Net income attributable to Primoris	`NetIncomeLoss`	$72.35M	USD	Annual
Net income attributable to Primoris	`NetIncomeLoss`	$32.37M	USD	1 Quarter
Net income attributable to Primoris	`NetIncomeLoss`	$35.65M	USD	1 Quarter
Net income attributable to Primoris	`NetIncomeLoss`	$26.95M	USD	1 Quarter
Net income attributable to Primoris	`NetIncomeLoss`	$688.00K	USD	1 Quarter
Net income attributable to Primoris	`NetIncomeLoss`	$11.71M	USD	1 Quarter
Net income attributable to Primoris	`NetIncomeLoss`	$82.33M	USD	Annual
Net income attributable to Primoris	`NetIncomeLoss`	$77.46M	USD	Annual
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`	$0.06	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`	$0.23	USD	Annual
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
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`	$1.62	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.23	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.64	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.51	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.70	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.63	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.53	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.35	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.04	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.41	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.04	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.50	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.40	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.63	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.35	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.53	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.01	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.61	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.63	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.23	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.70	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.48M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	51.48M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	51.35M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.77M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	51.48M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.91M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	51.53M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.78M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	51.40M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.98M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.99M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.74M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	50.71M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.40M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.08M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.67M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.73M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.79M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.75M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.19M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.23M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.22M	shares	1 Quarter

Cash Flow Statement 126 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$34.38M	USD	1 Quarter
Net income	`ProfitLoss`	$27.51M	USD	1 Quarter
Net income	`ProfitLoss`	$4.22M	USD	1 Quarter
Net income	`ProfitLoss`	$14.19M	USD	1 Quarter
Net income	`ProfitLoss`	$87.59M	USD	Annual
Net income	`ProfitLoss`	$84.10M	USD	Annual
Net income	`ProfitLoss`	$35.83M	USD	1 Quarter
Net income	`ProfitLoss`	$76.85M	USD	Annual
Net income	`ProfitLoss`	$2.94M	USD	1 Quarter
Net income	`ProfitLoss`	$34.80M	USD	1 Quarter
Net income	`ProfitLoss`	$17.82M	USD	1 Quarter
Depreciation	`Depreciation`	$67.95M	USD	Annual
Depreciation	`Depreciation`	$57.61M	USD	Annual
Depreciation	`Depreciation`	$74.03M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$8.69M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$11.37M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$11.30M	USD	Annual
Intangible asset impairment	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$477.00K	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$1.25M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$1.58M	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`	$11.95M	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
Other non-cash items	`OtherNoncashExpense`	$320.00K	USD	Annual
Other non-cash items	`OtherNoncashExpense`	$275.00K	USD	Annual
Other non-cash items	`OtherNoncashExpense`	$203.00K	USD	Annual
Accounts receivable	`IncreaseDecreaseInReceivables`	$-60.74M	USD	Annual
Accounts receivable	`IncreaseDecreaseInReceivables`	$-20.91M	USD	Annual
Accounts receivable	`IncreaseDecreaseInReceivables`	$28.24M	USD	Annual
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$-19.68M	USD	Annual
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$67.59M	USD	Annual
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$32.14M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$2.28M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$7.25M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-7.51M	USD	Annual
Net deferred tax liabilities (assets)	`IncreaseDecreaseInDeferredTaxAssetsLiabilitiesNet`	$-3.74M	USD	Annual
Net deferred tax liabilities (assets)	`IncreaseDecreaseInDeferredTaxAssetsLiabilitiesNet`	$-17.16M	USD	Annual
Net deferred tax liabilities (assets)	`IncreaseDecreaseInDeferredTaxAssetsLiabilitiesNet`	$-13.95M	USD	Annual
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-1.25M	USD	Annual
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-28.00K	USD	Annual
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-244.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-30.55M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$32.32M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-13.89M	USD	Annual
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-43.80M	USD	Annual
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$42.61M	USD	Annual
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.22M	USD	Annual
Operating lease assets and liabilities, net	`IncreaseDecreaseInOperatingLeaseAssetsAndLiabilities`	$3.19M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$5.93M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-22.92M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$1.92M	USD	Annual
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$378.00K	USD	Annual
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-895.00K	USD	Annual
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$377.00K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$126.81M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$117.98M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$188.94M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$79.78M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$94.49M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$110.19M	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`	$8.74M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$11.66M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$28.62M	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`	$110.62M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-209.15M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-65.87M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-131.43M	USD	Annual
Borrowings under revolving line of credit	`ProceedsFromLinesOfCredit`	$190.00M	USD	Annual
Borrowings under revolving line of credit	`ProceedsFromLinesOfCredit`	$212.88M	USD	Annual
Payments on revolving line of credit	`RepaymentsOfLinesOfCredit`	$212.88M	USD	Annual
Payments on revolving line of credit	`RepaymentsOfLinesOfCredit`	$190.00M	USD	Annual
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$255.97M	USD	Annual
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$55.01M	USD	Annual
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$55.00M	USD	Annual
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$145.73M	USD	Annual
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$72.08M	USD	Annual
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$61.82M	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`	$1.50M	USD	Annual
Proceeds from issuance of common stock purchased under a long-term incentive plan	`ProceedsFromIssuanceOfCommonStock`	$1.80M	USD	Annual
Payment of taxes on conversion of Restricted Stock Units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.52M	USD	Annual
Payment of contingent earnout liability	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$1.20M	USD	Annual
Cash distribution to noncontrolling interest holders	`PaymentsToMinorityShareholders`	$3.50M	USD	Annual
Cash distribution to noncontrolling interest holders	`PaymentsToMinorityShareholders`	$13.08M	USD	Annual
Repurchase of common stock from a related party	`PaymentsForRepurchaseOfCommonStockFromRelatedParty`	$50.00M	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$5.00M	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$20.00M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$12.21M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$12.34M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$11.33M	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-953.00K	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-784.00K	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.17M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-22.95M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-83.28M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$63.94M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$399.00K	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`	$-19.32M	USD	Annual
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$34.56M	USD	Annual
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-30.78M	USD	Annual
Cash and cash equivalents at beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$151.06M	USD	Point-in-time
Cash and cash equivalents at beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$120.29M	USD	Point-in-time
Cash and cash equivalents at beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$135.82M	USD	Point-in-time
Cash and cash equivalents at beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$170.38M	USD	Point-in-time
Cash and cash equivalents at end of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$151.06M	USD	Point-in-time
Cash and cash equivalents at end of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$120.29M	USD	Point-in-time
Cash and cash equivalents at end of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$135.82M	USD	Point-in-time
Cash and cash equivalents at end of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$170.38M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$7.96M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$16.11M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$16.16M	USD	Annual
Cash paid for income taxes, net	`IncomeTaxesPaidNet`	$16.65M	USD	Annual
Cash paid for income taxes, net	`IncomeTaxesPaidNet`	$25.98M	USD	Annual
Cash paid for income taxes, net	`IncomeTaxesPaidNet`	$14.25M	USD	Annual
Leased assets obtained in exchange for new operating leases	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$154.81M	USD	Annual
Dividends declared and not yet paid	`DividendsPayableCurrentAndNoncurrent`	$2.92M	USD	Point-in-time
Dividends declared and not yet paid	`DividendsPayableCurrentAndNoncurrent`	$3.09M	USD	Point-in-time
Dividends declared and not yet paid	`DividendsPayableCurrentAndNoncurrent`	$3.04M	USD	Point-in-time

Stockholders Equity 42 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$606.98M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$498.57M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$562.18M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$629.53M	USD	Point-in-time
Net income	`ProfitLoss`	$34.38M	USD	1 Quarter
Net income	`ProfitLoss`	$27.51M	USD	1 Quarter
Net income	`ProfitLoss`	$4.22M	USD	1 Quarter
Net income	`ProfitLoss`	$14.19M	USD	1 Quarter
Net income	`ProfitLoss`	$87.59M	USD	Annual
Net income	`ProfitLoss`	$84.10M	USD	Annual
Net income	`ProfitLoss`	$35.83M	USD	1 Quarter
Net income	`ProfitLoss`	$76.85M	USD	Annual
Net income	`ProfitLoss`	$2.94M	USD	1 Quarter
Net income	`ProfitLoss`	$34.80M	USD	1 Quarter
Net income	`ProfitLoss`	$17.82M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$984.00K	USD	Annual
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-908.00K	USD	Annual
Issuance of shares to employees and/or directors	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.21M	USD	Annual
Issuance of shares to employees and/or directors	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.00M	USD	Annual
Issuance of shares to employees and/or directors	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.25M	USD	Annual
Issuance of shares to employees and/or directors (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	10,062.00	shares	Point-in-time
Issuance of shares to employees and/or directors (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	11,784.00	shares	Point-in-time
Issuance of shares to employees and/or directors (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	11,448.00	shares	Point-in-time
Issuance of shares to employees and/or directors (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	13,278.00	shares	Point-in-time
Issuance of shares to employees and/or directors (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	16,877.00	shares	Point-in-time
Issuance of shares to employees and/or directors (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	10,092.00	shares	Point-in-time
Conversion of Restricted Stock Units, net of shares withheld for taxes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$-1.52M	USD	Annual
Amortization of Restricted Stock Units	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$1.25M	USD	Annual
Amortization of Restricted Stock Units	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$1.13M	USD	Annual
Amortization of Restricted Stock Units	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$1.58M	USD	Annual
Repurchase of stock	`StockRepurchasedDuringPeriodValue`	$5.00M	USD	Annual
Repurchase of stock	`StockRepurchasedDuringPeriodValue`	$50.00M	USD	Annual
Repurchase of stock	`StockRepurchasedDuringPeriodValue`	$20.00M	USD	Annual
Distribution of noncontrolling entities	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.50M	USD	Annual
Distribution of noncontrolling entities	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$13.08M	USD	Annual
Dividends declared	`DividendsCommonStockCash`	$12.09M	USD	Annual
Dividends declared	`DividendsCommonStockCash`	$12.30M	USD	Annual
Dividends declared	`DividendsCommonStockCash`	$11.57M	USD	Annual
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$606.98M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$498.57M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$562.18M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$629.53M	USD	Point-in-time

Comprehensive Income 22 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$34.38M	USD	1 Quarter
Net income	`ProfitLoss`	$27.51M	USD	1 Quarter
Net income	`ProfitLoss`	$4.22M	USD	1 Quarter
Net income	`ProfitLoss`	$14.19M	USD	1 Quarter
Net income	`ProfitLoss`	$87.59M	USD	Annual
Net income	`ProfitLoss`	$84.10M	USD	Annual
Net income	`ProfitLoss`	$35.83M	USD	1 Quarter
Net income	`ProfitLoss`	$76.85M	USD	Annual
Net income	`ProfitLoss`	$2.94M	USD	1 Quarter
Net income	`ProfitLoss`	$34.80M	USD	1 Quarter
Net income	`ProfitLoss`	$17.82M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$984.00K	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-908.00K	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$76.85M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$85.08M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$86.69M	USD	Annual
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.13M	USD	Annual
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.50M	USD	Annual
Less net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.77M	USD	Annual
Comprehensive income attributable to Primoris	`ComprehensiveIncomeNetOfTax`	$72.35M	USD	Annual
Comprehensive income attributable to Primoris	`ComprehensiveIncomeNetOfTax`	$76.55M	USD	Annual
Comprehensive income attributable to Primoris	`ComprehensiveIncomeNetOfTax`	$83.31M	USD	Annual

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