XML 34 R11.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Operating Segments | 9 Months Ended
--- | ---
Jun. 30, 2013
Operating Segments [Abstract] |
OPERATING SEGMENTS | 6. OPERATING SEGMENTS We manage and measure performance of our business in three distinct operating segments: Communications, Residential and Commercial & Industrial. These segments are reflective of how the Company’s Chief Operating Decision Maker (“CODM”) reviews operating results for the purposes of allocating resources and assessing performance. The Company’s CODM is its Chief Executive Officer. The Communications segment is a nationwide provider of products and services for mission critical infrastructure, such as data centers, of large corporations. The Residential segment is a regional provider of electrical installation services for single-family housing and multi-family apartment complexes. The Commercial & Industrial segment provides electrical design, construction, and maintenance services to the commercial and industrial markets in various regional markets and nationwide in certain areas of expertise, such as the power infrastructure market. The accounting policies of the segments are the same as those described in the summary of significant accounting policies. We evaluate performance based on income from operations of the respective business units prior to the allocation of Corporate office expenses. Transactions between segments are eliminated in consolidation. Our Corporate office provides general and administrative as well as support services to our three operating segments. Management allocates costs between segments for selling, general and administrative expenses and depreciation expense. Segment information for the three and nine months ended June 30, 2013 and 2012 is as follows:
|  | Three Months Ended June 30, 2013
|  |  |  |  |  |  |  |  | Commercial & |  |  |  |  |  |
|  |  | Communications |  | Residential |  | Industrial |  | Corporate |  | Total
Revenues |  | $ | 24,161 |  | $ | 44,511 |  | $ | 52,880 |  | $ | - |  | $ | 121,552
Cost of services |  |  | 19,737 |  |  | 37,400 |  |  | 48,762 |  |  | - |  |  | 105,899
Gross profit |  |  | 4,424 |  |  | 7,111 |  |  | 4,118 |  |  | - |  |  | 15,653
Selling, general and administrative |  |  | 3,373 |  |  | 6,812 |  |  | 3,600 |  |  | 2,791 |  |  | 16,576
Loss (gain) on sale of assets |  |  | - |  |  | - |  |  | (16) |  |  | - |  |  | (16)
Income (loss) from operations |  | $ | 1,051 |  | $ | 299 |  | $ | 534 |  | $ | (2,791) |  | $ | (907)
Other data: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Depreciation and amortization expense |  | $ | 94 |  | $ | 340 |  | $ | 66 |  | $ | 295 |  | $ | 795
| Capital expenditures |  |  | 117 |  |  | 135 |  |  | 96 |  |  | - |  |  | 348
| Total assets |  | $ | 22,058 |  | $ | 40,450 |  | $ | 54,237 |  | $ | 34,728 |  | $ | 151,473
|  | Three Months Ended June 30, 2012
|  |  |  |  |  |  |  |  | Commercial & |  |  |  |  |  |
|  |  | Communications |  | Residential |  | Industrial |  | Corporate |  | Total
Revenues |  | $ | 31,068 |  | $ | 35,232 |  | $ | 49,828 |  | $ | - |  | $ | 116,128
Cost of services |  |  | 26,839 |  |  | 29,655 |  |  | 45,378 |  |  | - |  |  | 101,872
Gross profit |  |  | 4,229 |  |  | 5,577 |  |  | 4,450 |  |  | - |  |  | 14,256
Selling, general and administrative |  |  | 4,219 |  |  | 5,163 |  |  | 3,788 |  |  | 1,786 |  |  | 14,956
Loss (gain) on sale of assets |  |  | - |  |  | 1 |  |  | (10) |  |  | - |  |  | (9)
Income (loss) from operations |  | $ | 10 |  | $ | 413 |  | $ | 672 |  | $ | (1,786) |  | $ | (691)
Other data: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Depreciation and amortization expense |  | $ | 66 |  | $ | 99 |  | $ | 50 |  | $ | 303 |  | $ | 518
| Capital expenditures |  | $ | - |  | $ | 286 |  | $ | 49 |  | $ | 15 |  | $ | 350
| Total assets |  | $ | 34,240 |  | $ | 29,201 |  | $ | 63,465 |  | $ | 45,199 |  | $ | 172,105
|  | Nine Months Ended June 30, 2013
|  |  |  |  |  |  |  |  | Commercial & |  |  |  |  |  |
|  |  | Communications |  | Residential |  | Industrial |  | Corporate |  | Total
Revenues |  | $ | 96,085 |  | $ | 119,860 |  | $ | 154,865 |  | $ | - |  | $ | 370,810
Cost of services |  |  | 78,599 |  |  | 99,863 |  |  | 142,720 |  |  | - |  |  | 321,182
Gross profit |  |  | 17,486 |  |  | 19,997 |  |  | 12,145 |  |  | - |  |  | 49,628
Selling, general and administrative |  |  | 10,232 |  |  | 18,452 |  |  | 10,945 |  |  | 8,475 |  |  | 48,104
Loss (gain) on sale of assets |  |  | - |  |  | (21) |  |  | (35) |  |  | - |  |  | (56)
Income (loss) from operations |  | $ | 7,254 |  | $ | 1,566 |  | $ | 1,235 |  | $ | (8,475) |  | $ | 1,580
Other data: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Depreciation and amortization expense |  | $ | 273 |  | $ | 607 |  | $ | 182 |  | $ | 894 |  | $ | 1,956
| Capital expenditures |  |  | 223 |  |  | 185 |  |  | 247 |  |  | - |  |  | 655
| Total assets |  | $ | 22,058 |  | $ | 40,450 |  | $ | 54,237 |  | $ | 34,728 |  | $ | 151,473
|  | Nine Months Ended June 30, 2012
|  |  |  |  |  |  |  |  | Commercial & |  |  |  |  |  |
|  |  | Communications |  | Residential |  | Industrial |  | Corporate |  | Total
Revenues |  | $ | 84,660 |  | $ | 94,132 |  | $ | 153,942 |  | $ | - |  | $ | 332,734
Cost of services |  |  | 72,809 |  |  | 79,376 |  |  | 139,311 |  |  | - |  |  | 291,496
Gross profit |  |  | 11,851 |  |  | 14,756 |  |  | 14,631 |  |  | - |  |  | 41,238
Selling, general and administrative |  |  | 10,094 |  |  | 14,109 |  |  | 12,396 |  |  | 5,449 |  |  | 42,048
Loss (gain) on sale of assets |  |  | (61) |  |  | 8 |  |  | (112) |  |  | - |  |  | (165)
Income (loss) from operations |  | $ | 1,818 |  | $ | 639 |  | $ | 2,347 |  | $ | (5,449) |  | $ | (645)
Other data: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Depreciation and amortization expense |  | $ | 183 |  | $ | 271 |  | $ | 190 |  | $ | 893 |  | $ | 1,537
| Capital expenditures |  | $ | 260 |  | $ | 554 |  | $ | 54 |  | $ | 876 |  | $ | 1,744
| Total assets |  | $ | 34,240 |  | $ | 29,201 |  | $ | 63,465 |  | $ | 45,199 |  | $ | 172,105

X
- Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration