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Segment Reporting | 6 Months Ended
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Jun. 28, 2024
Segment Reporting [Abstract] |
Segment Reporting | Note 9: Segment Reporting The Company has two reportable operating segments based on two primary areas of service. The Engineering and Other Scientific segment is a broad service group providing technical consulting in different practices primarily in engineering. The Environmental and Health segment provides services in the areas of environmental, epidemiology and health risk analysis. This segment provides a wide range of consulting services relating to environmental hazards and risks and the impact on both human health and the environment. Our Chief Executive Officer, the chief operating decision maker, reviews revenues and operating income for each of our reportable segments, but does not review total assets in evaluating segment performance and capital allocation. Segment information for the three and six months ended June 28, 2024 and June 30, 2023 follows: Revenues
|  | Three Months Ended |  |  | Six Months Ended |
(In thousands) |  | June 28, 2024 |  |  | June 30, 2023 |  |  | June 28, 2024 |  |  | June 30, 2023 |
Engineering and Other Scientific |  | $ | 118,477 |  |  | $ | 116,647 |  |  | $ | 239,948 |  |  | $ | 233,695 |
Environmental and Health |  |  | 22,059 |  |  |  | 23,574 |  |  |  | 45,521 |  |  |  | 46,835 |
Total revenues |  | $ | 140,536 |  |  | $ | 140,221 |  |  | $ | 285,469 |  |  | $ | 280,530 |
Operating Income
|  | Three Months Ended |  |  | Six Months Ended |
(In thousands) |  | June 28, 2024 |  |  | June 30, 2023 |  |  | June 28, 2024 |  |  | June 30, 2023 |
Engineering and Other Scientific |  | $ | 43,765 |  |  | $ | 38,711 |  |  | $ | 92,396 |  |  | $ | 82,330 |
Environmental and Health |  |  | 7,259 |  |  |  | 7,521 |  |  |  | 15,495 |  |  |  | 15,075 |
Total segment operating income |  |  | 51,024 |  |  |  | 46,232 |  |  |  | 107,891 |  |  |  | 97,405 |
Corporate operating expense |  |  | (15,280 | ) |  |  | (16,357 | ) |  |  | (41,434 | ) |  |  | (38,410 | )
Total operating income |  | $ | 35,744 |  |  | $ | 29,875 |  |  | $ | 66,457 |  |  | $ | 58,995 |
Certain operating expenses are excluded from the Company’s measure of segment operating income. These expenses include costs associated with its human resources, legal, finance, information technology, and business development groups; the deferred compensation expense/benefit due to the change in value of assets associated with its deferred compensation plan; stock-based compensation associated with restricted stock unit and stock option awards; and the change in its allowance for contract losses and doubtful accounts. Capital Expenditures
|  | Three Months Ended |  |  | Six Months Ended |
(In thousands) |  | June 28, 2024 |  |  | June 30, 2023 |  |  | June 28, 2024 |  |  | June 30, 2023 |
Engineering and Other Scientific |  | $ | 465 |  |  | $ | 1,261 |  |  | $ | 882 |  |  | $ | 2,669 |
Environmental and Health |  |  | 45 |  |  |  | 19 |  |  |  | 74 |  |  |  | 114 |
Total segment capital expenditures |  |  | 510 |  |  |  | 1,280 |  |  |  | 956 |  |  |  | 2,783 |
Corporate capital expenditures |  |  | 497 |  |  |  | 8,287 |  |  |  | 1,560 |  |  |  | 12,645 |
Total capital expenditures |  | $ | 1,007 |  |  | $ | 9,567 |  |  | $ | 2,516 |  |  | $ | 15,428 |
Certain capital expenditures associated with the Company’s corporate cost centers and the related depreciation are excluded from the Company’s segment information. Depreciation and Amortization
|  | Three Months Ended |  |  | Six Months Ended |
(In thousands) |  | June 28, 2024 |  |  | June 30, 2023 |  |  | June 28, 2024 |  |  | June 30, 2023 |
Engineering and Other Scientific |  | $ | 1,765 |  |  | $ | 1,372 |  |  | $ | 3,393 |  |  | $ | 2,678 |
Environmental and Health |  |  | 54 |  |  |  | 54 |  |  |  | 103 |  |  |  | 102 |
Total segment depreciation and amortization |  |  | 1,819 |  |  |  | 1,426 |  |  |  | 3,496 |  |  |  | 2,780 |
Corporate depreciation and amortization |  |  | 667 |  |  |  | 760 |  |  |  | 1,314 |  |  |  | 1,394 |
Total depreciation and amortization |  | $ | 2,486 |  |  | $ | 2,186 |  |  | $ | 4,810 |  |  | $ | 4,174 |
No single client comprised more than 10% of the Company’s revenues during the three and six months ended June 28, 2024 and June 30, 2023.

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- Definition The entire disclosure for reporting segments including data and tables. 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