XML 49 R28.htm IDEA: XBRL DOCUMENT v2.4.0.8
Reportable Segments and Geographic Information
 12 Months Ended
Sep. 30, 2014
Reportable Segments and Geographic  
Reportable Segments and Geographic Information

21. Reportable Segments and Geographic Information

        The Company's operations are organized into two reportable segments: Professional Technical Services (PTS) and Management Support Services (MSS). The Company's PTS reportable segment delivers planning, consulting, architectural and engineering design, and program and construction management services to commercial and government clients worldwide. The Company's MSS reportable segment provides program and facilities management and maintenance, training, logistics, consulting, and technical assistance and systems integration services, primarily for agencies of the U.S. government. These reportable segments are organized by the types of services provided, the differing specialized needs of the respective clients, and how the Company manages its business. The Company has aggregated operating segments into its PTS reportable segment based on their similar characteristics, including similar long term financial performance, the nature of services provided, internal processes for delivering those services, and types of customers.

        Management internally analyzes the results of its operations using several non-GAAP measures. A significant portion of the Company's revenues relates to services provided by subcontractors and other non-employees that it categorizes as other direct costs. Other direct costs are segregated from cost of revenues resulting in revenue, net of other direct costs, which is a measure of work performed by Company employees. The Company has included information on revenue, net of other direct costs, as it believes that it is useful to view its revenue exclusive of costs associated with external service providers.

        The following tables set forth unaudited summarized financial information concerning the Company's reportable segments:

                                                                                                                                                                                    

Reportable Segments:

 

Professional
Technical
Services

 

Management
Support
Services

 

Corporate

 

Total

 

 

 

(in millions)

 

Fiscal Year Ended September 30, 2014:

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$
7,609.9

 

$
746.9

 

$

—

 

$
8,356.8

 

Revenue, net of other direct costs(1)

 

 
4,462.7

 

 
392.9

 

 

—

 

 
4,855.6

 

Gross profit

 

 
365.2

 

 
38.0

 

 

—

 

 
403.2

 

Equity in earnings of joint ventures

 

 
41.4

 

 
16.5

 

 

—

 

 
57.9

 

General and administrative expenses

 

 

—

 

 

—

 

 
(80.9

)

 
(80.9

)

Acquisition and integration expenses

 

 

—

 

 

—

 

 
(27.3

)

 
(27.3

)

Operating income (loss)

 

 
406.6

 

 
54.5

 

 
(108.2

)

 
352.9

 

Segment assets

 

 
5,366.0

 

 
392.4

 

 
365.0

 

 
6,123.4

 

Gross profit as a % of revenue

 

 
4.8

%

 
5.1

%

 

 

 

 
4.8

%

Gross profit as a % of revenue, net of other direct costs(1)

 

 
8.2

%

 
9.7

%

 

 

 

 
8.3

%

Fiscal Year Ended September 30, 2013:

 

 


 

 

 


 

 

 


 

 

 


 

 

Revenue

 

$
7,242.9

 

$
910.6

 

$

—

 

$
8,153.5

 

Revenue, net of other direct costs(1)

 

 
4,416.4

 

 
560.6

 

 

—

 

 
4,977.0

 

Gross profit

 

 
416.9

 

 
33.1

 

 

—

 

 
450.0

 

Equity in earnings of joint ventures

 

 
12.3

 

 
12.0

 

 

—

 

 
24.3

 

General and administrative expenses

 

 

—

 

 

—

 

 
(97.3

)

 
(97.3

)

Operating income (loss)

 

 
429.2

 

 
45.1

 

 
(97.3

)

 
377.0

 

Segment assets

 

 
4,827.5

 

 
598.0

 

 
240.1

 

 
5,665.6

 

Gross profit as a % of revenue

 

 
5.8

%

 
3.6

%

 

 

 

 
5.5

%

Gross profit as a % of revenue, net of other direct costs(1)

 

 
9.4

%

 
5.9

%

 

 

 

 
9.0

%

Fiscal Year Ended September 30, 2012:

 

 


 

 

 


 

 

 


 

 

 


 

 

Revenue

 

$
7,276.9

 

$
941.3

 

$

—

 

$
8,218.2

 

Revenue, net of other direct costs(1)

 

 
4,607.3

 

 
576.6

 

 

—

 

 
5,183.9

 

Gross profit

 

 
423.8

 

 
(1.9

)

 

—

 

 
421.9

 

Equity in earnings of joint ventures

 

 
16.8

 

 
31.8

 

 

—

 

 
48.6

 

General and administrative expenses

 

 

—

 

 

—

 

 
(80.9

)

 
(80.9

)

Goodwill impairment

 

 
(155.0

)

 
(181.0

)

 

—

 

 
(336.0

)

Operating income (loss)

 

 
285.6

 

 
(151.1

)

 
(80.9

)

 
53.6

 

Gross profit as a % of revenue

 

 
5.8


%

 
(0.2


)%

 

 

 

 
5.1


%

Gross profit as a % of revenue, net of other direct costs(1)

 

 
9.2

%

 
(0.3

)%

 

 

 

 
8.1

%

(1)

Non-GAAP measure.

Geographic Information:

                                                                                                                                                                                    

 

 

Fiscal Year Ended

 

 

 

September 30, 2014

 

September 30, 2013

 

September 30, 2012

 

 

 

Revenue

 

Long-Lived
Assets

 

Revenue

 

Long-Lived
Assets

 

Revenue

 

Long-Lived
Assets

 

 

 

(in millions)

 

United States

 

$
4,933.7 

 

 
1,603.7 

 

$
4,829.6 

 

 
1,477.3 

 

$
4,756.0 

 

 
1,496.8 

 

Asia Pacific

 

 
1,338.2 

 

 
340.5 

 

 
1,507.2 

 

 
361.0 

 

 
1,715.1 

 

 
374.9 

 

Canada

 

 
561.1 

 

 
146.7 

 

 
712.0 

 

 
168.4 

 

 
708.8 

 

 
189.2 

 

Europe

 

 
788.2 

 

 
270.8 

 

 
599.4 

 

 
267.2 

 

 
608.2 

 

 
243.6 

 

Other foreign countries

 

 
735.6 

 

 
209.5 

 

 
505.3 

 

 
116.6 

 

 
430.1 

 

 
85.8 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$
8,356.8 

 

 
2,571.2 

 

$
8,153.5 

 

 
2,390.5 

 

$
8,218.2 

 

 
2,390.3 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

        The Company attributes revenue by geography based on the external customer's country of origin. Long-lived assets consist of noncurrent assets excluding deferred tax assets.