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v3.25.3

Reportable Segments (Tables) | 12 Months Ended
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Sep. 28, 2025
Segment Reporting [Abstract] |
Summary of summarized financial information of reportable segments | The tables below present financial information of our reportable segments (in thousands):
| Fiscal Year Ended September 28, 2025
| GSG |  | CIG |  | Total
Revenue from external customers | $ | 2,637,426 |  |  | $ | 2,805,164 |  |  | $ | 5,442,590 |
Inter-segment revenue | 36,483 |  |  | 39,483 |  |  | 75,966 |
Segment revenue | 2,673,909 |  |  | 2,844,647 |  |  | 5,518,556 |
Elimination of inter-segment revenue |  |  |  |  | (75,966) |
Total consolidated revenue |  |  |  |  | 5,442,590 |
Subcontractor costs - external | (504,644) |  |  | (320,586) |  |  | (825,230) |
Subcontractor costs - inter-segment | (39,483) |  |  | (36,483) |  |  | (75,966) |
Segment subcontractor costs | (544,127) |  |  | (357,069) |  |  | (901,196) |
Elimination of inter-segment subcontractor costs |  |  |  |  | 75,966 |
Total consolidated subcontractor costs |  |  |  |  | (825,230) |
Other segment items (1) | (1,789,231) |  |  | (2,130,713) |  |  | (3,919,944) |
Segment operating income | 340,551 |  |  | 356,865 |  |  | 697,416 |
Reconciliation of profit (segment operating income): |  |  |  |  |
Legal contingency costs |  |  |  |  | (115,000) |
Impairment of goodwill |  |  |  |  | (92,416) |
Contingent consideration – fair value adjustments |  |  |  |  | 12,228 |
Interest income |  |  |  |  | 9,837 |
Interest expense |  |  |  |  | (40,639) |
Other corporate expenses (3) |  |  |  |  | (93,809) |
Income before income tax expense |  |  |  |  | $ | 377,617 |
| Fiscal Year Ended September 29, 2024
| GSG |  | CIG |  | Total
Revenue from external customers | $ | 2,445,746 |  |  | $ | 2,752,933 |  |  | $ | 5,198,679 |
Inter-segment revenue | 37,609 |  |  | 33,798 |  |  | 71,407 |
Segment revenue | 2,483,355 |  |  | 2,786,731 |  |  | 5,270,086 |
Elimination of inter-segment revenue |  |  |  |  | (71,407) |
Total consolidated revenue |  |  |  |  | 5,198,679 |
Subcontractor costs - external | (539,579) |  |  | (337,238) |  |  | (876,817) |
Subcontractor costs - inter-segment | (33,798) |  |  | (37,609) |  |  | (71,407) |
Segment subcontractor costs | (573,377) |  |  | (374,847) |  |  | (948,224) |
Elimination of inter-segment subcontractor costs |  |  |  |  | 71,407 |
Total consolidated subcontractor costs |  |  |  |  | (876,817) |
Other segment items (1) | (1,628,952) |  |  | (2,083,374) |  |  | (3,712,326) |
Segment operating income | 281,026 |  |  | 328,510 |  |  | 609,536 |
Reconciliation of profit (segment operating income): |  |  |  |  |
Acquisition and integration expenses |  |  |  |  | (7,138) |
Contingent consideration – fair value adjustments |  |  |  |  | (2,541) |
Interest income |  |  |  |  | 7,288 |
Interest expense |  |  |  |  | (44,559) |
Other corporate expenses (3) |  |  |  |  | (99,120) |
Income before income tax expense |  |  |  |  | $ | 463,466 |
| Fiscal Year Ended October 1, 2023
| GSG |  | CIG |  | Total
Revenue from external customers | $ | 2,128,330 |  |  | $ | 2,394,220 |  |  | $ | 4,522,550 |
Inter-segment revenue | 30,559 |  |  | 30,429 |  |  | 60,988 |
Segment revenue | 2,158,889 |  |  | 2,424,649 |  |  | 4,583,538 |
Elimination of inter-segment revenue |  |  |  |  | (60,988) |
Total consolidated revenue |  |  |  |  | 4,522,550 |
Subcontractor costs - external | (493,020) |  |  | (278,441) |  |  | (771,461) |
Subcontractor costs - inter-segment | (30,429) |  |  | (30,559) |  |  | (60,988) |
Segment subcontractor costs | (523,449) |  |  | (309,000) |  |  | (832,449) |
Elimination of inter-segment subcontractor costs |  |  |  |  | 60,988 |
Total consolidated subcontractor costs |  |  |  |  | (771,461) |
Other segment items (1)(2) | (1,403,678) |  |  | (1,871,899) |  |  | (3,275,577) |
Segment operating income | 231,762 |  |  | 243,750 |  |  | 475,512 |
Reconciliation of profit (segment operating income): |  |  |  |  |
Acquisition and integration expenses |  |  |  |  | (28,105) |
Right-of-use operating lease asset impairment |  |  |  |  | (1,158) |
Contingent consideration – fair value adjustments |  |  |  |  | (12,255) |
Interest income |  |  |  |  | 5,898 |
Interest expense |  |  |  |  | (52,435) |
Other non-operating income |  |  |  |  | 89,402 |
Other corporate expenses (3) |  |  |  |  | (75,881) |
Income before income tax expense |  |  |  |  | $ | 400,978 |
(1) These amounts include $3.0 million, $3.3 million and $3.3 million of GSG depreciation expense for fiscal 2025, 2024 and 2023, respectively, and $17.8 million, $20.1 million and $16.3 million of CIG depreciation expense for fiscal 2025, 2024 and 2023, respectively. Additionally, our GSG other segment items include the equity in the net income of investees accounted for by the equity method of $1.1 million, $1.6 million and $2.8 million for fiscal 2025, 2024 and 2023, respectively. Our CIG other segment items also reflect the equity in the net income of investees accounted for by the equity method of $2.5 million, $3.3 million and $3.2 million for fiscal 2025, 2024 and 2023, respectively. (2) The fiscal 2023 amounts include lease impairment of $15.1 million ($6.8 million in GSG and $8.3 million in CIG) as well as acquisition and integration expenses of $5.1 million in CIG. (3) Other corporate expenses include the amortization expense of intangible assets of $37.1 million, $50.0 million and $41.2 million for fiscal 2025, 2024 and 2023, respectively. These amounts also include $19.3 million, $18.5 million and $16.4 million of stock-based compensation expense for fiscal 2025, 2024 and 2023, respectively.
Summary of geographic information | The table below presents revenue by geographic area (in thousands):
| Fiscal Year Ended
Revenue: | September 28, 2025 |  | September 29, 2024 |  | October 1, 2023
United States | $ | 3,445,844 |  |  | $ | 3,198,823 |  |  | $ | 2,863,635 |
United Kingdom | 771,723 |  |  | 711,617 |  |  | 601,157 |
Australia | 489,102 |  |  | 529,114 |  |  | 449,507 |
Canada | 512,295 |  |  | 498,575 |  |  | 436,222 |
Others | 223,626 |  |  | 260,550 |  |  | 172,029 |
Total | $ | 5,442,590 |  |  | $ | 5,198,679 |  |  | $ | 4,522,550 |
Long-lived assets consist of property and equipment and exclude other assets, operating lease assets, goodwill, intangible assets and deferred tax assets. The following table presents long-lived assets by geographic area (in thousands):
| Fiscal Year Ended
Long-lived assets: |  | September 28, 2025 |  | September 29, 2024 |
United States |  | $ | 15,675 |  |  | $ | 17,612 |  |
United Kingdom |  | 20,756 |  |  | 19,503 |  |
Australia |  | 10,793 |  |  | 11,990 |  |
Netherlands |  | 8,932 |  |  | 12,371 |  |
Canada |  | 7,181 |  |  | 8,177 |  |
Others |  | 2,811 |  |  | 3,412 |  |
Total |  | $ | 66,148 |  |  | $ | 73,065 |  |

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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