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Segment Information | 3 Months Ended
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Dec. 27, 2024
Segment Reporting [Abstract] |
Segment Information | Segment Information The Company's two operating segments are comprised of Infrastructure and Advanced Facilities ("I&AF") and its majority investment in PA Consulting. Subsequent to the Separation Transaction, the SpinCo businesses are now presented as discontinued operations for all periods and therefore not reflected in the segment disclosures below. For further information, refer to Note 15- Discontinued Operations. The Company’s Chief Executive Officer is the Chief Operating Decision Maker (“CODM”) and evaluates the performance of each of these segments and make appropriate resource allocations among each of the segments. For purposes of the Company’s goodwill impairment testing, it has been determined that the Company’s operating segments are also its reporting units based on management’s conclusion that the components comprising each of its operating segments share similar economic characteristics and meet the aggregation criteria for reporting units in accordance with ASC 350, Intangibles-Goodwill and Other. Financial information for each segment is reviewed by the CODM to assess performance and make decisions regarding the allocation of resources. The CODM evaluates the operating performance of our operating segments using segment operating profit. The Company incurs certain SG&A that relate to its business as a whole which are not allocated to the segments. The following tables present total revenues and segment operating profit from continuing operations for each reportable segment (in thousands) and includes a reconciliation of segment operating profit to total U.S. GAAP operating profit by including certain corporate-level expenses, Restructuring and other charges (as defined in Note 17- Restructuring and Other Charges) and transaction and integration costs (in thousands).
| For the Three Months Ended |  |
| December 27, 2024 |  | December 29, 2023 |  |  |  |
Revenues from External Customers: |  |  |  |  |  |  |
Infrastructure & Advanced Facilities | $ | 2,626,208 |  |  | $ | 2,504,226 |  |  |  |  |
PA Consulting | 306,748 |  |  | 306,001 |  |  |  |  |
Total | $ | 2,932,956 |  |  | $ | 2,810,227 |  |  |  |  |
| For the Three Months Ended |  |
| December 27, 2024 |  | December 29, 2023 |  |  |  |
Segment Operating Profit: |  |  |  |  |  |  |
Infrastructure & Advanced Facilities (1) | $ | 157,776 |  |  | $ | 128,892 |  |  |  |  |
PA Consulting | 66,738 |  |  | 54,455 |  |  |  |  |
Total Segment Operating Profit | 224,514 |  |  | 183,347 |  |  |  |  |
Restructuring, Transaction and Other Charges (2) | (16,096) |  |  | (41,347) |  |  |  |  |
Total U.S. GAAP Operating Profit | 208,418 |  |  | 142,000 |  |  |  |  |
Total Other (Expense) Income, net (3) | (155,271) |  |  | (38,795) |  |  |  |  |
Earnings from Continuing Operations Before Taxes | $ | 53,147 |  |  | $ | 103,205 |  |  |  |  |
(1) | Segment operating profit for Infrastructure & Advanced Facilities includes consolidated intangibles amortization of $38.7 million and $36.9 million and other corporate transaction related costs for the three months ended December 27, 2024 and December 29, 2023, respectively. Excluding these amounts, operating profit for the segment was $210.3 million and $167.4 million, respectively.
(2) | The three months ended December 27, 2024 and December 29, 2023 included $15.0 million and $37.1 million, respectively, of restructuring and other charges mainly relating to the Separation Transaction (primarily professional services and employee separation costs).
(3) | The three months ended December 27, 2024 included $145.2 million in mark-to-market losses associated with our investment in Amentum stock in connection with the Separation Transaction.
See also the further description o f results of operations for our operating segments in Item 2- Management’s Discussion and Analysis of Financial Condition and Results of Operations.

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- Definition The entire disclosure for reporting segments including data and tables. 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