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Operating Segments
9 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]
6. OPERATING SEGMENTS

We manage and measure performance of our business in four distinct operating segments: Communications, Residential, Infrastructure Solutions, and Commercial & Industrial. These segments are reflective of how the 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 organization provides general and administrative services, as well as support services, to each of our four operating segments. Management allocates certain shared costs among segments for selling, general and administrative expenses and depreciation expense.
Segment information for the three and nine months ended June 30, 2024 and 2023 is as follows:
Three Months Ended June 30, 2024
CommunicationsResidentialInfrastructure SolutionsCommercial & IndustrialCorporateTotal
Revenues$192,303 $377,536 $102,022 $96,554 $— $768,415 
Cost of services155,184 272,224 71,366 74,860 — 573,634 
Gross profit37,119 105,312 30,656 21,694 — 194,781 
Selling, general and administrative16,122 61,662 10,886 8,717 7,307 104,694 
Contingent consideration— — 43 — — 43 
Gain on sale of assets(7)(70)(3)(52)— (132)
Operating income (loss)$21,004 $43,720 $19,730 $13,029 $(7,307)$90,176 
 Other data:
Depreciation and amortization expense$931 $5,282 $3,656 $517 $227 $10,613 
Capital expenditures$6,319 $5,279 $4,862 $801 $271 $17,532 
Total assets$262,677 $400,539 $289,619 $97,741 $104,760 $1,155,336 
Three Months Ended June 30, 2023
CommunicationsResidentialInfrastructure SolutionsCommercial & IndustrialCorporateTotal
Revenues$141,615 $318,011 $57,057 $67,768 $— $584,451 
Cost of services114,440 260,679 42,851 58,872 — 476,842 
Gross profit27,175 57,332 14,206 8,896 — 107,609 
Selling, general and administrative13,680 41,939 7,066 6,284 5,331 74,300 
Contingent consideration— 70 — — — 70 
Gain on sale of assets(1)(56)(1,010)(13)— (1,080)
Operating income (loss)$13,496 $15,379 $8,150 $2,625 $(5,331)$34,319 
Other data:
Depreciation and amortization expense$498 $4,609 $1,300 $402 $69 $6,878 
Capital expenditures$261 $2,461 $918 $800 $169 $4,609 
Total assets$182,117 $381,840 $179,363 $84,101 $72,307 $899,728