Segment Information

3 Months Ended

Mar. 31, 2018

The Company has three reportable segments: Utility T&D, Canada and Oil & Gas. These segments are comprised of strategic businesses that are defined by the industries or geographic regions they serve. The Company’s Chief Operating Decision Maker evaluates segment performance using operating income which is defined as contract revenue less contract costs and segment overhead, such as amortization related to intangible assets and general and administrative expenses that are directly attributable to the segment. For additional information regarding the Company’s reportable segments, see Note 1 – Company Description and Financial Condition for more information.

The following tables reflect the Company’s operations by reportable segment for the three months ended March 31, 2018 and 2017 (in thousands):



	Three Months Ended March 31, 2018
	Utility T&D			Canada			Oil & Gas			Corporate			Eliminations			Consolidated
Contract revenue	$	112,612		$	25,803		$	62,639		$	—		$	(74	)	$	200,980
Contract costs	104,305			24,769			64,294			—			(74		)	193,294
Contract income (loss)	8,307			1,034			(1,655		)	—			—			7,686
Amortization of intangibles	2,390			—			9			—			—			2,399
General and administrative	4,476			1,813			2,036			5,150			—			13,475
Gain on sale of assets	(498		)	(75		)	(5,507		)	—			—			(6,080		)
Other charges	31			146			804			7,384			—			8,365
Operating income (loss)	$	1,908		$	(850	)	$	1,003		$	(12,534	)	$	—		(10,473		)
Non-operating expenses																(6,483		)
Benefit for income taxes																(221		)
Loss from continuing operations																(16,735		)
Loss from discontinued operations net of provision for income taxes																(230		)
Net loss																$	(16,965	)



	Three Months Ended March 31, 2017
	Utility T&D		Canada			Oil & Gas			Corporate			Eliminations		Consolidated
Contract revenue	$	115,508	$	25,960		$	22,432		$	—		$	—	$	163,900
Contract costs	107,890		26,786			27,543			—			—		162,219
Contract income (loss)	7,618		(826		)	(5,111		)	—			—		1,681
Amortization of intangibles	2,390		—			27			—			—		2,417
General and administrative	4,378		2,324			2,679			4,670			—		14,051
(Gain) loss on sale of assets	66		(269		)	(493		)	—			—		(696		)
Other charges	—		459			12			291			—		762
Operating income (loss)	$	784	$	(3,340	)	$	(7,336	)	$	(4,961	)	$	—	(14,853		)
Non-operating expenses														(3,483		)
Benefit for income taxes														(600		)
Loss from continuing operations														(17,736		)
Loss from discontinued operations net of provision for income taxes														(31		)
Net loss														$	(17,767	)

Total assets by segment at March 31, 2018 and December 31, 2017 are presented below (in thousands):



	March 31, 2018		December 31, 2017
Utility T&D	$	201,902	$	196,923
Canada	30,753		41,958
Oil & Gas	42,512		50,779
Corporate	73,536		73,893
Total assets, continuing operations	$	348,703	$	363,553

Willbros Group, Inc.\NEW\ 10-Q