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v3.23.2

Revenue (Tables) | 9 Months Ended
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Jun. 30, 2023
Revenue from Contract with Customer [Abstract] |
Summary of Contract Asset and Liabilities | Contract assets and liabilities as of June 30, 2023 and September 30, 2022 are summarized below (in thousands):
| June 30, 2023 |  | September 30, 2022
Contract assets | $ | 56,148 |  |  | $ | 88,351 |
Contract liabilities | (225,767) |  |  | (79,857) |
Net contract asset (liability) | $ | (169,619) |  |  | $ | 8,494 |
Disaggregation of Revenue | The following tables present our disaggregated revenue by geographic destination and market sector for the three and nine months ended June 30, 2023 and 2022 (in thousands):
| Three months ended June 30, |  | Nine months ended June 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
United States | $ | 153,258 |  |  | $ | 102,931 |  |  | $ | 387,531 |  |  | $ | 272,069 |
Canada | 21,765 |  |  | 23,599 |  |  | 62,255 |  |  | 60,777 |
Europe, Middle East and Africa | 12,004 |  |  | 6,697 |  |  | 30,521 |  |  | 30,078 |
Asia/Pacific | 2,338 |  |  | 1,645 |  |  | 4,903 |  |  | 4,235 |
Mexico, Central and South America | 3,000 |  |  | 611 |  |  | 5,457 |  |  | 2,748 |
Total revenues by geographic destination | $ | 192,365 |  |  | $ | 135,483 |  |  | $ | 490,667 |  |  | $ | 369,907 |
| Three months ended June 30, |  | Nine months ended June 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Oil and gas (excludes petrochemical) | $ | 73,452 |  |  | $ | 58,669 |  |  | $ | 179,560 |  |  | $ | 155,324 |
Petrochemical | 21,995 |  |  | 15,187 |  |  | 70,372 |  |  | 51,268 |
Electric utility | 43,824 |  |  | 30,173 |  |  | 114,899 |  |  | 82,079 |
Commercial and other industrial | 35,527 |  |  | 14,966 |  |  | 74,846 |  |  | 30,583 |
Traction power | 7,143 |  |  | 9,775 |  |  | 21,532 |  |  | 31,200 |
All others | 10,424 |  |  | 6,713 |  |  | 29,458 |  |  | 19,453 |
Total revenues by market sector | $ | 192,365 |  |  | $ | 135,483 |  |  | $ | 490,667 |  |  | $ | 369,907 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
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