XML 26 R14.htm IDEA: XBRL DOCUMENT
v3.25.1

Operating Segments | 6 Months Ended
--- | ---
Mar. 31, 2025
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 Company's 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 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 six months ended March 31, 2025 and 2024 is as follows:
|  | Three Months Ended March 31, 2025
|  | Communications |  | Residential |  | Infrastructure Solutions |  | Commercial & Industrial |  | Corporate |  | Total
Revenues | $ | 273,016 |  |  | $ | 317,966 |  |  | $ | 117,620 |  |  | $ | 125,358 |  |  | $ | — |  |  | $ | 833,960 |
Cost of services | 209,973 |  |  | 238,294 |  |  | 78,319 |  |  | 98,505 |  |  | — |  |  | 625,091 |
Gross profit | 63,043 |  |  | 79,672 |  |  | 39,301 |  |  | 26,853 |  |  | — |  |  | 208,869 |
Selling, general and administrative | 23,441 |  |  | 57,151 |  |  | 12,487 |  |  | 11,024 |  |  | 11,941 |  |  | 116,044 |
Contingent consideration | — |  |  | — |  |  | 339 |  |  | — |  |  | — |  |  | 339 |
Gain on sale of assets | (21) |  |  | (156) |  |  | (9) |  |  | (23) |  |  | — |  |  | (209) |
Operating income (loss) | $ | 39,623 |  |  | $ | 22,677 |  |  | $ | 26,484 |  |  | $ | 15,852 |  |  | $ | (11,941) |  |  | $ | 92,695 |
Other data: |  |  |  |  |  |  |  |  |  |  |
| Depreciation and amortization expense | $ | 1,255 |  |  | $ | 5,913 |  |  | $ | 3,942 |  |  | $ | 612 |  |  | $ | 226 |  |  | $ | 11,948 |
| Capital expenditures | $ | 6,372 |  |  | $ | 3,748 |  |  | $ | 2,999 |  |  | $ | 2,149 |  |  | $ | 1,685 |  |  | $ | 16,953 |
| Total assets | $ | 343,356 |  |  | $ | 379,510 |  |  | $ | 328,027 |  |  | $ | 121,990 |  |  | $ | 191,676 |  |  | $ | 1,364,559 |
|  | Three Months Ended March 31, 2024
|  | Communications |  | Residential |  | Infrastructure Solutions |  | Commercial & Industrial |  | Corporate |  | Total
Revenues | $ | 193,503 |  |  | $ | 339,372 |  |  | $ | 75,789 |  |  | $ | 97,069 |  |  | $ | — |  |  | $ | 705,733 |
Cost of services | 154,568 |  |  | 250,702 |  |  | 52,044 |  |  | 76,806 |  |  | — |  |  | 534,120 |
Gross profit | 38,935 |  |  | 88,670 |  |  | 23,745 |  |  | 20,263 |  |  | — |  |  | 171,613 |
Selling, general and administrative | 16,988 |  |  | 55,258 |  |  | 7,627 |  |  | 8,707 |  |  | 6,692 |  |  | 95,272 |
Gain on sale of assets | (16) |  |  | (1,275) |  |  | — |  |  | (68) |  |  | (14) |  |  | (1,373) |
Operating income (loss) | $ | 21,963 |  |  | $ | 34,687 |  |  | $ | 16,118 |  |  | $ | 11,624 |  |  | $ | (6,678) |  |  | $ | 77,714 |
Other data: |  |  |  |  |  |  |  |  |  |  |
| Depreciation and amortization expense | $ | 866 |  |  | $ | 5,012 |  |  | $ | 1,229 |  |  | $ | 485 |  |  | $ | 229 |  |  | $ | 7,821 |
| Capital expenditures | $ | 936 |  |  | $ | 3,424 |  |  | $ | 884 |  |  | $ | 1,397 |  |  | $ | 203 |  |  | $ | 6,844 |
| Total assets | $ | 230,386 |  |  | $ | 396,760 |  |  | $ | 200,476 |  |  | $ | 98,845 |  |  | $ | 174,697 |  |  | $ | 1,101,164 |

X
- References No definition available. + 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/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-15 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-42 Reference 7: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 48 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482964/270-10-50-1 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (ee) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 11: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 12: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 13: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 14: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 15: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 16: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 17: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-34 Reference 20: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26C -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26C Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26B -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26B Reference 22: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-40 Reference 23: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/280/tableOfContent Reference 24: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26 Reference 25: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration