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Revenue Recognition (Tables)
6 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
Table 4.1: Revenue by Contract Type
For the Three Months EndedFor the Six Months Ended
March 31, 2024March 31, 2023March 31, 2024March 31, 2023
(dollars in thousands)
Performance-based$738,888 54.8 %$574,747 47.6 %$1,443,599 54.0 %$1,143,964 46.6 %
Cost-plus334,498 24.8 %312,176 25.9 %676,513 25.3 %659,495 26.9 %
Fixed price166,816 12.4 %180,674 15.0 %343,493 12.8 %355,747 14.5 %
Time and materials108,155 8.0 %139,255 11.5 %211,793 7.9 %296,892 12.1 %
Total revenue$1,348,357 $1,206,852 $2,675,398 $2,456,098 
Table 4.2: Revenue by Customer Type
For the Three Months EndedFor the Six Months Ended
March 31, 2024March 31, 2023March 31, 2024March 31, 2023
(dollars in thousands)
U.S. federal government agencies$685,939 50.9 %$569,897 47.2 %$1,348,885 50.4 %$1,173,815 47.8 %
U.S. state government agencies483,147 35.8 %446,549 37.0 %970,090 36.3 %883,911 36.0 %
International government agencies156,796 11.6 %161,359 13.4 %312,408 11.7 %343,119 14.0 %
Other, including local municipalities and commercial customers22,475 1.7 %29,047 2.4 %44,015 1.6 %55,253 2.2 %
Total revenue$1,348,357 $1,206,852 $2,675,398 $2,456,098 
Table 4.3: Effect of Changes in Contract Estimates
For the Three Months EndedFor the Six Months Ended
March 31, 2024March 31, 2023March 31, 2024March 31, 2023
(in thousands, except per share data)
Benefit to/(reduction of) revenue recognized due to changes in contract estimates$(3,098)$(6,496)$(9,196)$(6,137)
Benefit to/(reduction of) diluted earnings per share recognized due to changes in contract estimates$(0.04)$(0.08)$(0.11)$(0.07)