10-Q Filing

PRIMORIS SERVICES CORP CIK: 1361538 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001558370-21-005982`
Period End Date	20210331
Filing Date	20210506
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	prim-20210331x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 44 Cash Flow Statement 75 Stockholders Equity 28 Comprehensive Income 10

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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$212.77M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$326.74M	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`	48.11M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	53.72M	shares	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$478.97M	USD	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$432.45M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	53.72M	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$325.85M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$366.34M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	48.11M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$30.22M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$46.16M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.10B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.12B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNetExcludingCapitalLeasedAssets`	$356.19M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNetExcludingCapitalLeasedAssets`	$414.99M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$205.72M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$207.32M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$1.91M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$1.93M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$181.23M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$61.01M	USD	Point-in-time
Goodwill	`Goodwill`	$215.10M	USD	Point-in-time
Goodwill	`Goodwill`	$588.85M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$12.78M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$18.47M	USD	Point-in-time
Total assets	`Assets`	$1.97B	USD	Point-in-time
Total assets	`Assets`	$2.52B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$245.91M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$258.75M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$267.23M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$256.48M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$200.67M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$216.82M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$2.89M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$3.22M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$61.48M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$47.72M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$796.75M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$764.41M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$592.09M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$268.83M	USD	Point-in-time
Noncurrent operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$137.91M	USD	Point-in-time
Noncurrent operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$136.68M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$13.55M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$13.55M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$75.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$70.08M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.25B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.61B	USD	Point-in-time
Commitments and contingencies (See Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (See Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock-$.0001 par value; 90,000,000 shares authorized; 53,723,988 and 48,110,442 issued and outstanding at March 31, 2021 and December 31, 2020, respectively	`CommonStockValue`	$6.00K	USD	Point-in-time
Common stock-$.0001 par value; 90,000,000 shares authorized; 53,723,988 and 48,110,442 issued and outstanding at March 31, 2021 and December 31, 2020, respectively	`CommonStockValue`	$5.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$272.58M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$89.10M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$627.32M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$624.69M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$958.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.42M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$37.00K	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$35.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$714.79M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$901.36M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$615.44M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$629.53M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.97B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.52B	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$818.33M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$743.24M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$695.43M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$738.15M	USD	1 Quarter
Gross profit	`GrossProfit`	$80.18M	USD	1 Quarter
Gross profit	`GrossProfit`	$47.81M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$53.43M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$44.39M	USD	1 Quarter
Transaction and related costs	`BusinessCombinationAcquisitionRelatedCosts`	$13.90M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$3.42M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$12.85M	USD	1 Quarter
Foreign exchange gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$136.00K	USD	1 Quarter
Foreign exchange gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$23.00K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-5.00K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$12.00K	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$281.00K	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$85.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$9.11M	USD	1 Quarter
Interest expense	`InterestExpense`	$4.72M	USD	1 Quarter
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$8.23M	USD	1 Quarter
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-5.26M	USD	1 Quarter
(Provision) benefit for income taxes	`IncomeTaxExpenseBenefit`	$-1.53M	USD	1 Quarter
(Provision) benefit for income taxes	`IncomeTaxExpenseBenefit`	$2.39M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$5.85M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-3.73M	USD	1 Quarter
Net loss (income) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.00K	USD	1 Quarter
Net loss (income) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-2.00K	USD	1 Quarter
Net income (loss) attributable to Primoris	`NetIncomeLoss`	$5.85M	USD	1 Quarter
Net income (loss) attributable to Primoris	`NetIncomeLoss`	$-3.74M	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	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
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.12	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.08	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.12	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.08	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	48.59M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	49.50M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	50.03M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.59M	shares	1 Quarter

Cash Flow Statement 75 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$5.85M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-3.73M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$21.54M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$24.85M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$499.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$6.15M	USD	1 Quarter
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$2.31M	USD	1 Quarter
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$2.74M	USD	1 Quarter
Unrealized (gain) loss on interest rate swap	`UnrealizedGainLossOnDerivatives`	$1.28M	USD	1 Quarter
Unrealized (gain) loss on interest rate swap	`UnrealizedGainLossOnDerivatives`	$-4.97M	USD	1 Quarter
Other non-cash items	`OtherNoncashExpense`	$81.00K	USD	1 Quarter
Other non-cash items	`OtherNoncashExpense`	$151.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInReceivables`	$-10.32M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInReceivables`	$13.91M	USD	1 Quarter
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$15.68M	USD	1 Quarter
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$7.55M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$14.68M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$4.85M	USD	1 Quarter
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-204.00K	USD	1 Quarter
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$153.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$23.93M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$186.00K	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-15.39M	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-13.62M	USD	1 Quarter
Operating lease assets and liabilities, net	`IncreaseDecreaseInOperatingLeaseAssetsAndLiabilities`	$1.34M	USD	1 Quarter
Operating lease assets and liabilities, net	`IncreaseDecreaseInOperatingLeaseAssetsAndLiabilities`	$-119.00K	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-179.00K	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.41M	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-1.03M	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-756.00K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$7.51M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.47M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.31M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$19.08M	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$6.90M	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.09M	USD	1 Quarter
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$613.22M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.41M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-630.21M	USD	1 Quarter
Borrowings under revolving line of credit	`ProceedsFromLinesOfCredit`	$100.00M	USD	1 Quarter
Payments on revolving line of credit	`RepaymentsOfLinesOfCredit`	$100.00M	USD	1 Quarter
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$400.00M	USD	1 Quarter
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$6.80M	USD	1 Quarter
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$14.98M	USD	1 Quarter
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$59.35M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$578.00K	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$178.86M	USD	1 Quarter
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$4.88M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$7.39M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$2.92M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$2.89M	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-3.28M	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.28M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-19.20M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$508.46M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$259.00K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$259.00K	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-26.81M	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-113.97M	USD	1 Quarter
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$93.47M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$326.74M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$212.77M	USD	Point-in-time
Cash and cash equivalents at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$120.29M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$93.47M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$326.74M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$212.77M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$120.29M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$4.06M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$5.88M	USD	1 Quarter
Cash paid for income taxes, net of refunds received	`IncomeTaxesPaidNet`	$-369.00K	USD	1 Quarter
Cash paid for income taxes, net of refunds received	`IncomeTaxesPaidNet`	$-1.73M	USD	1 Quarter
Leased assets obtained in exchange for new operating leases	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$34.71M	USD	1 Quarter
Leased assets obtained in exchange for new operating leases	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$4.67M	USD	1 Quarter
Dividends declared and not yet paid	`DividendsPayableCurrentAndNoncurrent`	$3.22M	USD	Point-in-time
Dividends declared and not yet paid	`DividendsPayableCurrentAndNoncurrent`	$2.90M	USD	Point-in-time

Stockholders Equity 28 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`	$0.06	USD	1 Quarter
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	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
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$714.79M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$901.36M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$615.44M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$629.53M	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$5.85M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-3.73M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$461.00K	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.74M	USD	1 Quarter
Issuance of shares, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$149.44M	USD	1 Quarter
Issuance of shares to employees and directors	`StockIssuedDuringPeriodValueShareBasedCompensation`	$28.49M	USD	1 Quarter
Issuance of shares to employees and directors	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.17M	USD	1 Quarter
Conversion of Restricted Stock Units, net of shares withheld for taxes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$-599.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$499.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.15M	USD	1 Quarter
Repurchase of stock	`StockRepurchasedDuringPeriodValue`	$7.39M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$2.90M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$3.22M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$714.79M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$901.36M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$615.44M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$629.53M	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$5.85M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-3.73M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$461.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.74M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$6.31M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-5.47M	USD	1 Quarter
Net loss (income) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.00K	USD	1 Quarter
Net loss (income) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-2.00K	USD	1 Quarter
Comprehensive income (loss) attributable to Primoris	`ComprehensiveIncomeNetOfTax`	$-5.47M	USD	1 Quarter
Comprehensive income (loss) attributable to Primoris	`ComprehensiveIncomeNetOfTax`	$6.31M	USD	1 Quarter

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