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Segment Information | 6 Months Ended
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Mar. 28, 2025
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 |  | For the Six Months Ended
| March 28, 2025 |  | March 29, 2024 |  | March 28, 2025 |  | March 29, 2024
Revenues from External Customers: |  |  |  |  |  |  |
Infrastructure & Advanced Facilities (1) | $ | 2,602,753 |  |  | $ | 2,553,212 |  |  | $ | 5,228,961 |  |  | $ | 5,057,438 |
PA Consulting | 307,662 |  |  | 293,967 |  |  | 614,410 |  |  | 599,968 |
Total | $ | 2,910,415 |  |  | $ | 2,847,179 |  |  | $ | 5,843,371 |  |  | $ | 5,657,406 |
| For the Three Months Ended |  | For the Six Months Ended
| March 28, 2025 |  | March 29, 2024 |  | March 28, 2025 |  | March 29, 2024
Segment Operating Profit: |  |  |  |  |  |  |
Infrastructure & Advanced Facilities (1) | $ | 203,265 |  |  | $ | 204,101 |  |  | $ | 413,539 |  |  | $ | 371,489 |
PA Consulting | 67,347 |  |  | 60,169 |  |  | 134,084 |  |  | 114,624 |
Total Segment Operating Profit | 270,612 |  |  | 264,270 |  |  | 547,623 |  |  | 486,113 |
Restructuring, Transaction and Other Charges (2) | (23,924) |  |  | (42,550) |  |  | (53,856) |  |  | (85,463) |
Amortization of Intangible Assets | (38,040) |  |  | (38,476) |  |  | (76,701) |  |  | (75,407) |
Total U.S. GAAP Operating Profit | 208,648 |  |  | 183,244 |  |  | 417,066 |  |  | 325,243 |
Total Other Expense, net (3) | (152,825) |  |  | (39,235) |  |  | (308,095) |  |  | (78,030) |
Earnings from Continuing Operations Before Taxes | $ | 55,823 |  |  | $ | 144,009 |  |  | $ | 108,971 |  |  | $ | 247,213 |
(1) | The three and six months ended March 28, 2025 I&AF revenue and operating profit were impacted by a reserve in connection with an unfavorable interim ruling against a consolidated joint venture in which the Company holds a 50% interest (the "Consolidated JV Matter"), with the noncontrolling partner’s share included in noncontrolling interests in the Consolidated Statements of Earnings for the respective periods.
(2) | The three and six months ended March 28, 2025 and March 29, 2024 include d $10.2 million and $25.1 million, respectively, and $32.4 million and $69.5 million, respectively, in restructuring and other charges mainly relating to the Separation Transaction (primarily professional services and employee separation costs), as well as certain subsidiary level compensation based agreements. The three and six months ended March 28, 2025 included approximately $8.4 million and $16.2 million in charges associated with the Company's TSA with Amentum.
(3) | The three and six months ended March 28, 2025 included $109.5 million and $254.7 million, respectively, mainly related to mark-to-market losses associated with our investment in Amentum stock in connection with the Separation Transaction, and $20.5 million in discounts and expenses associated with the Equity-for-Debt Transaction (see Note 12- Borrowings and Note 15- Discontinued Operations).
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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