Company: EME
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000105634-25-000015
Chunk: 147

Company: EMCOR Group, Inc.
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 147
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 Amount of lease payments representing interest(40,722)(506)Present value of future minimum lease payments$342,822 $6,095 Current portion of lease liabilities$81,247 $2,246 Noncurrent portion of lease liabilities261,575 3,849 Present value of future minimum lease payments$342,822 $6,095 

NOTE 17 - ADDITIONAL CASH FLOW INFORMATION 

The following table presents information about cash paid for interest and income taxes for the years ended December 31, 2024, 2023, and 2022 (in thousands):   202420232022Cash paid during the year for:   Interest$2,850 $16,246 $11,653 Income taxes$409,362 $230,496 $168,732 

NOTE 18 - SEGMENT INFORMATION

We are one of the largest specialty contractors in the United States and a leading provider of electrical and mechanical construction and facilities services, building services, and industrial services. Our services are provided to a broad range of commercial, technology, manufacturing, industrial, healthcare, utility, and institutional customers through approximately 100 operating subsidiaries. Such operating subsidiaries are organized into the following reportable segments, which additionally reflect the nature of the services offered and their geographical location:•United States electrical construction and facilities services;•United States mechanical construction and facilities services;•United States building services;•United States industrial services; and•United Kingdom building services. Our chief operating decision maker (“CODM”) is our Chairman, President, and Chief Executive Officer. Our CODM is responsible for assessing performance of the Company and each of our reportable segments as well as allocating resources, including personnel and capital resources. The measure of segment profit or loss utilized by our CODM is operating income. Our CODM evaluates segment performance by comparing historical, actual, and forecasted operating income on a regular basis. The accounting policies of our reportable segments are the same as those applied at the consolidated financial statement level as described in Note 2 - Summary of Significant Accounting Policies of the notes to consolidated financial statements.

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Table of ContentsEMCOR Group, Inc. and SubsidiariesNOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE 18 - SEGMENT INFORMATION (Continued)The following tables present the revenues and operating income for each of our reportable segments for the years ended December 31, 2024, 2023, and 202