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Operating Segments | 6 Months Ended
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Mar. 31, 2019
Operating Segments [Abstract] |
Operating Segments | 6. OPERATING SEGMENTS We manage and measure performance of our business in four distinct operating segments: Commercial & Industrial, Communications, Infrastructure Solutions and Residential. These segments are reflective of how the Company’s Chief Operating Decision Maker (“CODM”) reviews operating results for the purpose of allocating resources and assessing performance. The Company’s CODM is its Chief Executive Officer. Transactions between segments, if any, are eliminated in consolidation. Our corporate office provides general and administrative, as well as support services, to our four operating segments. Management allocates certain shared costs between segments for selling, general and administrative expenses and depreciation expense. Segment information for the three and six months ended March 31, 2019, and 2018 is as follows:
|  | Three Months Ended March 31, 2019
|  |  | Commercial & |  |  |  |  | Infrastructure |  |  |  |  |  |  |  |
|  |  | Industrial |  | Communications |  | Solutions |  | Residential |  | Corporate |  | Total
Revenues |  | $ | 79,975 |  | $ | 70,437 |  | $ | 34,450 |  | $ | 72,052 |  | $ | - |  | $ | 256,914
Cost of services |  |  | 71,184 |  |  | 58,492 |  |  | 27,004 |  |  | 56,999 |  |  | - |  |  | 213,679
Gross profit |  |  | 8,791 |  |  | 11,945 |  |  | 7,446 |  |  | 15,053 |  |  | - |  |  | 43,235
Selling, general and administrative |  |  | 7,363 |  |  | 7,666 |  |  | 4,685 |  |  | 11,187 |  |  | 4,169 |  |  | 35,070
Contingent consideration |  |  | - |  |  | - |  |  | (149) |  |  | - |  |  | - |  |  | (149)
Loss (gain) on sale of assets |  |  | (1) |  |  | - |  |  | 101 |  |  | (2) |  |  | - |  |  | 98
Operating income (loss) |  | $ | 1,429 |  | $ | 4,279 |  | $ | 2,809 |  | $ | 3,868 |  | $ | (4,169) |  | $ | 8,216
Other data: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Depreciation and amortization expense |  | $ | 629 |  | $ | 426 |  | $ | 1,175 |  | $ | 217 |  | $ | 27 |  | $ | 2,474
| Capital expenditures |  | $ | 615 |  | $ | 193 |  | $ | 635 |  | $ | 398 |  | $ | - |  | $ | 1,841
| Total assets |  | $ | 77,898 |  | $ | 91,960 |  | $ | 114,739 |  | $ | 55,417 |  | $ | 77,257 |  | $ | 417,271
|  | Three Months Ended March 31, 2018
|  |  | Commercial & |  |  |  |  | Infrastructure |  |  |  |  |  |  |  |
|  |  | Industrial |  | Communications |  | Solutions |  | Residential |  | Corporate |  | Total
Revenues |  | $ | 65,589 |  | $ | 50,244 |  | $ | 23,866 |  | $ | 65,978 |  | $ | - |  | $ | 205,677
Cost of services |  |  | 59,068 |  |  | 40,892 |  |  | 18,842 |  |  | 53,035 |  |  | - |  |  | 171,837
Gross profit |  |  | 6,521 |  |  | 9,352 |  |  | 5,024 |  |  | 12,943 |  |  | - |  |  | 33,840
Selling, general and administrative |  |  | 6,849 |  |  | 6,201 |  |  | 4,637 |  |  | 9,688 |  |  | 2,272 |  |  | 29,647
Contingent consideration |  |  | - |  |  | - |  |  | 71 |  |  | - |  |  | - |  |  | 71
Loss (gain) on sale of assets |  |  | (17) |  |  | (8) |  |  | 6 |  |  | (1) |  |  | - |  |  | (20)
Operating income (loss) |  | $ | (311) |  | $ | 3,159 |  | $ | 310 |  | $ | 3,256 |  | $ | (2,272) |  | $ | 4,142
Other data: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Depreciation and amortization expense |  | $ | 527 |  | $ | 219 |  | $ | 1,140 |  | $ | 155 |  | $ | 20 |  | $ | 2,061
| Capital expenditures |  | $ | 413 |  | $ | 398 |  | $ | 205 |  | $ | 108 |  | $ | - |  | $ | 1,124
| Total assets |  | $ | 72,559 |  | $ | 60,102 |  | $ | 100,884 |  | $ | 47,695 |  | $ | 103,747 |  | $ | 384,987
|  | Six Months Ended March 31, 2019
|  |  | Commercial & |  |  |  |  | Infrastructure |  |  |  |  |  |  |  |
|  |  | Industrial |  | Communications |  | Solutions |  | Residential |  | Corporate |  | Total
Revenues |  | $ | 152,558 |  | $ | 139,762 |  | $ | 63,929 |  | $ | 144,507 |  | $ | - |  | $ | 500,756
Cost of services |  |  | 135,092 |  |  | 115,851 |  |  | 50,556 |  |  | 114,421 |  |  | - |  |  | 415,920
Gross profit |  |  | 17,466 |  |  | 23,911 |  |  | 13,373 |  |  | 30,086 |  |  | - |  |  | 84,836
Selling, general and administrative |  |  | 14,079 |  |  | 14,600 |  |  | 9,166 |  |  | 22,324 |  |  | 6,987 |  |  | 67,156
Contingent consideration |  |  | - |  |  | - |  |  | (115) |  |  | - |  |  | - |  |  | (115)
Loss (gain) on sale of assets |  |  | (4) |  |  | - |  |  | 101 |  |  | (2) |  |  | - |  |  | 95
Operating income (loss) |  | $ | 3,391 |  | $ | 9,311 |  | $ | 4,221 |  | $ | 7,764 |  | $ | (6,987) |  | $ | 17,700
Other data: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Depreciation and amortization expense |  | $ | 1,255 |  | $ | 841 |  | $ | 2,269 |  | $ | 426 |  | $ | 55 |  | $ | 4,846
| Capital expenditures |  | $ | 1,467 |  | $ | 693 |  | $ | 822 |  | $ | 845 |  | $ | 102 |  | $ | 3,929
| Total assets |  | $ | 77,898 |  | $ | 91,960 |  | $ | 114,739 |  | $ | 55,417 |  | $ | 77,257 |  | $ | 417,271
|  | Six Months Ended March 31, 2018
|  |  | Commercial & |  |  |  |  | Infrastructure |  |  |  |  |  |  |  |
|  |  | Industrial |  | Communications |  | Solutions |  | Residential |  | Corporate |  | Total
Revenues |  | $ | 118,591 |  | $ | 104,703 |  | $ | 45,551 |  | $ | 135,132 |  | $ | - |  | $ | 403,977
Cost of services |  |  | 107,227 |  |  | 86,231 |  |  | 35,842 |  |  | 107,773 |  |  | - |  |  | 337,073
Gross profit |  |  | 11,364 |  |  | 18,472 |  |  | 9,709 |  |  | 27,359 |  |  | - |  |  | 66,904
Selling, general and administrative |  |  | 12,644 |  |  | 12,285 |  |  | 9,194 |  |  | 20,054 |  |  | 5,559 |  |  | 59,736
Contingent consideration |  |  | - |  |  | - |  |  | 71 |  |  | - |  |  | - |  |  | 71
Loss (gain) on sale of assets |  |  | (29) |  |  | (9) |  |  | 5 |  |  | (1) |  |  | - |  |  | (34)
Operating income (loss) |  | $ | (1,251) |  | $ | 6,196 |  | $ | 439 |  | $ | 7,306 |  | $ | (5,559) |  | $ | 7,131
Other data: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Depreciation and amortization expense |  | $ | 1,084 |  | $ | 435 |  | $ | 2,383 |  | $ | 296 |  | $ | 71 |  | $ | 4,269
| Capital expenditures |  | $ | 923 |  | $ | 473 |  | $ | 345 |  | $ | 586 |  | $ | - |  | $ | 2,327
| Total assets |  | $ | 72,559 |  | $ | 60,102 |  | $ | 100,884 |  | $ | 47,695 |  | $ | 103,747 |  | $ | 384,987

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- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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