XML 43 R24.htm IDEA: XBRL DOCUMENT v3.24.3
Quarterly Information
 12 Months Ended
Sep. 30, 2024
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Information Quarterly Information
The table below sets forth the unaudited consolidated operating results by fiscal quarter for the years ended September 30, 2024 and 2023 (in thousands, except per share data):
 2024 Quarters
 
First(1)
SecondThird
Fourth(2)
2024
Revenues$194,017 $255,108 $288,168 $275,063 $1,012,356 
Gross profit48,194 62,720 81,740 80,434 273,088 
Net income24,085 33,488 46,223 46,052 149,848 
Earnings per share: 
Basic$2.02 $2.79 $3.85 $3.84 $12.51 
Diluted$1.98 $2.75 $3.79 $3.77 $12.29 
(1) The results for the first quarter of Fiscal 2024 demonstrated normal seasonality and were negatively impacted by holidays and work schedules compared to other quarterly periods.
(2) The results for the fourth quarter of Fiscal 2024 were positively impacted by project cancellations of $2.2 million.
 2023 Quarters
 
First(1)
Second(2)
Third(3)
Fourth(4)
2023
Revenues$126,858 $171,444 $192,365 $208,641 $699,308 
Gross profit19,464 33,437 42,670 51,982 147,553 
Net income1,162 8,473 18,454 26,436 54,525 
Earnings per share:
Basic$0.10 $0.71 $1.55 $2.22 $4.59 
Diluted$0.10 $0.70 $1.52 $2.17 $4.50 
(1) The results for the first quarter of Fiscal 2023 demonstrated normal seasonality and were negatively impacted by holidays and work schedules compared to other quarterly periods.
(2) The results for the second quarter of Fiscal 2023 were positively impacted by a project cancellation of $1.6 million.
(3) The results for the third quarter of Fiscal 2023 were positively impacted by a project cancellation of $1.7 million.
(4) The results for the fourth quarter of Fiscal 2023 were positively impacted by project cancellations of $1.0 million and the reversal of a $1.9 million valuation allowance against the U.K. net deferred tax assets.

The sum of the individual earnings per share amounts may not agree with year-to-date earnings per share as each period’s computation is based on the weighted-average number of shares outstanding during the period.