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v3.25.2

Revenue (Tables) | 9 Months Ended
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Jun. 30, 2025
Revenue from Contract with Customer [Abstract] |
Schedule of Contract Asset and Liabilities | Contract assets and liabilities as of June 30, 2025 and September 30, 2024 are summarized below (in thousands):
| June 30, 2025 |  | September 30, 2024
Contract assets | $ | 133,015 |  |  | $ | 102,827 |
Contract liabilities | (299,512) |  |  | (287,763) |
Net contract liability | $ | (166,497) |  |  | $ | (184,936) |
Schedule of 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, 2025 and 2024 (in thousands):
| Three months ended June 30, |  | Nine months ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
United States | $ | 224,537 |  |  | $ | 243,744 |  |  | $ | 650,143 |  |  | $ | 620,537 |
Canada | 42,611 |  |  | 29,695 |  |  | 108,275 |  |  | 74,205 |
Europe | 5,522 |  |  | 9,464 |  |  | 16,947 |  |  | 24,261 |
Middle East and Africa | 9,917 |  |  | 2,322 |  |  | 22,757 |  |  | 8,400 |
Mexico, Central and South America | 1,881 |  |  | 1,962 |  |  | 3,182 |  |  | 6,778 |
Asia/Pacific | 1,805 |  |  | 981 |  |  | 5,031 |  |  | 3,112 |
Total revenues by geographic destination | $ | 286,273 |  |  | $ | 288,168 |  |  | $ | 806,335 |  |  | $ | 737,293 |
| Three months ended June 30, |  | Nine months ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Oil and gas (excludes petrochemical) | $ | 105,464 |  |  | $ | 114,336 |  |  | $ | 302,310 |  |  | $ | 301,792 |
Petrochemical | 36,349 |  |  | 56,784 |  |  | 113,236 |  |  | 135,221 |
Electric utility | 74,909 |  |  | 57,009 |  |  | 196,488 |  |  | 145,214 |
Commercial and other industrial | 49,519 |  |  | 42,044 |  |  | 134,188 |  |  | 101,610 |
Light rail traction power | 8,549 |  |  | 5,322 |  |  | 26,785 |  |  | 14,184 |
All others | 11,483 |  |  | 12,673 |  |  | 33,328 |  |  | 39,272 |
Total revenues by market sector | $ | 286,273 |  |  | $ | 288,168 |  |  | $ | 806,335 |  |  | $ | 737,293 |

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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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