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Revenues | 12 Months Ended
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Sep. 30, 2024
Revenues |
Revenues | 12. Revenues
(a) | Disaggregation of Revenues
The tables below present our revenues by customer type, geographic location, and revenue recognition method for the years ended September 30, 2024 and 2023, as we believe this presentation best depicts how the nature, amount, timing and uncertainty of net sales and cash flows are affected by economic factors. The tables also include a reconciliation of the disaggregated revenue within our reportable segments. ​
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Year Ended September 30, 2024 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(In thousands) |  | A&D |  | USG |  | Test |  | Total
Customer type: |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commercial | ​ | $ | 186,171 | ​ |  | 361,478 | ​ |  | 164,321 | ​ |  | 711,970
Government | ​ | ​ | 262,004 | ​ | ​ | 7,583 | ​ | ​ | 45,202 | ​ | ​ | 314,789
Total revenues | ​ | $ | 448,175 | ​ | ​ | 369,061 | ​ | ​ | 209,523 | ​ | ​ | 1,026,759
​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
Geographic location: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
United States | ​ | $ | 376,707 | ​ |  | 240,153 | ​ |  | 120,500 | ​ |  | 737,360
International | ​ | ​ | 71,468 | ​ | ​ | 128,908 | ​ | ​ | 89,023 | ​ | ​ | 289,399
Total revenues | ​ | $ | 448,175 | ​ | ​ | 369,061 | ​ | ​ | 209,523 | ​ | ​ | 1,026,759
​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
Revenue recognition method: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Point in time | ​ | $ | 213,625 | ​ |  | 301,200 | ​ |  | 43,150 | ​ |  | 557,975
Over time | ​ | ​ | 234,550 | ​ | ​ | 67,861 | ​ | ​ | 166,373 | ​ | ​ | 468,784
Total revenues | ​ | $ | 448,175 | ​ | ​ | 369,061 | ​ | ​ | 209,523 | ​ | ​ | 1,026,759
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Year Ended September 30, 2023 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(In thousands) |  | A&D |  | USG |  | Test |  | Total
Customer type: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Commercial | ​ | $ | 170,193 | ​ | ​ | 331,836 | ​ | ​ | 193,744 | ​ | ​ | 695,773
Government | ​ |  | 222,250 | ​ |  | 10,484 | ​ |  | 27,526 | ​ |  | 260,260
Total revenues | ​ | $ | 392,443 | ​ | ​ | 342,320 | ​ | ​ | 221,270 | ​ | ​ | 956,033
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Geographic location: | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
United States | ​ | $ | 326,566 | ​ | ​ | 220,536 | ​ | ​ | 118,289 | ​ | ​ | 665,391
International | ​ |  | 65,877 | ​ |  | 121,784 | ​ |  | 102,981 | ​ |  | 290,642
Total revenues | ​ | $ | 392,443 | ​ | ​ | 342,320 | ​ | ​ | 221,270 | ​ | ​ | 956,033
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Revenue recognition method: | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
Point in time | ​ | $ | 178,222 | ​ | ​ | 281,977 | ​ | ​ | 44,042 | ​ | ​ | 504,241
Over time | ​ |  | 214,221 | ​ |  | 60,343 | ​ |  | 177,228 | ​ |  | 451,792
Total revenues | ​ | $ | 392,443 | ​ | ​ | 342,320 | ​ | ​ | 221,270 | ​ | ​ | 956,033
​
(b) | Remaining Performance Obligations
Our remaining performance obligations, which is the equivalent of our backlog, represent the expected transaction price allocated to our performance obligations that we expect to recognize as revenue in future periods when we perform under the contracts. These remaining obligations include amounts that have been formally appropriated under contracts with the U.S. Government, and exclude unexercised contract options and potential orders under ordering-type contracts such as Indefinite Delivery or Indefinite Quantity contracts. At September 30, 2024, we had $879.0 million in remaining performance obligations of which we expect to recognize revenues of approximately 70% in the next twelve months.
(c) | Contract assets, contract liabilities and accounts receivable
We report assets and liabilities related to our contracts with customers on a contract-by-contract basis at the end of each reporting period. At September 30, 2024, our contract assets, contract liabilities and accounts receivable totaled $130.5 million, $134.3 million and $240.7 million, respectively. At September 30, 2023, our contract assets, contract liabilities and accounts receivable totaled $138.6 million, $123.1 million and $198.6 million, respectively. At September 30, 2022, our contract assets, contract liabilities and accounts receivable totaled $125.2 million, $137.6 million and $164.6 million, respectively. During 2024, we recognized approximately $68 million in revenues that were included in the contract liabilities balance at September 30, 2023.

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