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SEGMENT AND GEOGRAPHICAL INFORMATION (Tables)

9 Months Ended

Sep. 27, 2024

SEGMENT AND GEOGRAPHICAL INFORMATION

Schedule of financial information with respect to the reportable segments

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Engineering

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Unallocated

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​

Consolidated

​

Energy

& Consulting

Corporate

Intersegment

Total

​

​

(in thousands)

Fiscal Three Months Ended September 27, 2024

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Contract revenue

​

$

134,036

​

$

24,216

​

$

-

​

$

-

​

$

158,252

Depreciation and amortization

​

​

3,337

​

​

379

​

​

-

​

​

-

​

​

3,716

Interest expense, net

​

​

-

​

​

-

​

​

1,934

​

​

-

​

​

1,934

Segment profit (loss) before income tax expense

​

​

6,176

​

​

4,280

​

​

(2,953)

​

​

-

​

​

7,503

Income tax expense (benefit)

​

​

(25)

​

​

85

​

​

97

​

​

-

​

​

157

Net income (loss)

​

​

6,202

​

​

4,194

​

​

(3,050)

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​

-

​

​

7,346

Segment assets (1)

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​

348,617

​

​

29,523

​

​

92,243

​

​

(23,130)

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​

447,253

Fiscal Three Months Ended September 29, 2023

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​

​

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​

​

​

​

​

​

​

​

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​

​

Contract revenue

​

$

111,030

​

$

21,708

​

$

-

​

$

-

​

$

132,738

Depreciation and amortization

​

​

3,854

​

​

336

​

​

-

​

​

-

​

​

4,190

Interest expense, net

​

​

2

​

​

-

​

​

2,435

​

​

-

​

​

2,437

Segment profit (loss) before income tax expense

​

​

2,814

​

​

2,853

​

​

(3,388)

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​

-

​

​

2,279

Income tax expense (benefit)

​

​

852

​

​

728

​

​

(867)

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​

-

​

​

713

Net income (loss)

​

​

1,961

​

​

2,127

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​

(2,522)

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​

-

​

​

1,566

Segment assets (1)

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​

340,422

​

​

26,901

​

​

57,427

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​

(23,130)

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​

401,620

Fiscal Nine Months Ended September 27, 2024

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​

​

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​

​

​

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Contract revenue

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$

352,634

​

$

69,103

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$

-

​

$

-

​

$

421,737

Depreciation and amortization

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​

9,800

​

​

1,137

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​

-

​

​

-

​

​

10,937

Interest expense, net

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​

-

​

​

-

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​

6,031

​

​

-

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​

6,031

Segment profit (loss) before income tax expense

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​

15,886

​

​

9,608

​

​

(8,749)

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​

-

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​

16,745

Income tax expense (benefit)

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​

1,767

​

​

1,069

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​

(973)

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​

-

​

​

1,863

Net income (loss)

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​

14,119

​

​

8,539

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(7,776)

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​

-

​

​

14,882

Segment assets (1)

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​

348,617

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​

29,523

​

​

92,243

​

​

(23,130)

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​

447,253

Fiscal Nine Months Ended September 29, 2023

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​

​

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​

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​

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​

​

​

​

​

​

Contract revenue

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$

292,330

​

$

62,088

​

$

-

​

$

-

​

$

354,418

Depreciation and amortization

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11,655

​

​

863

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​

-

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-

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12,518

Interest expense, net

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5

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-

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7,105

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-

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7,110

Segment profit (loss) before income tax expense

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6,188

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​

8,658

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(10,239)

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​

-

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​

4,607

Income tax expense (benefit)

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​

2,300

​

​

3,218

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(3,806)

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​

-

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1,712

Net income (loss)

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3,888

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​

5,440

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(6,433)

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​

-

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2,895

Segment assets (1)

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340,422

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26,901

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57,427

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(23,130)

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​

401,620

(1) Segment assets are presented net of intercompany receivables.

Schedule of disaggregation of revenue

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​	​	​	​	​	​	​	​	​	​
​		Three months ended September 27, 2024
​		Energy			Engineering and Consulting			Total
​		(in thousands)
Contract Type	​	​	​	​	​	​	​	​	​
Time-and-materials	​	$	7,953	​	$	17,767	​	$	25,720
Unit-based	​	​	52,487	​	​	4,993	​	​	57,480
Fixed price	​	​	73,596	​	​	1,456	​	​	75,052
Total (1)	​	$	134,036	​	$	24,216	​	$	158,252
​	​	​	​	​	​	​	​	​	​
Client Type	​	​	​	​	​	​	​	​	​
Commercial	​	$	7,964	​	$	1,968	​	$	9,932
Government	​	​	61,115	​	​	22,155	​	​	83,270
Utilities (2)	​	​	64,957	​	​	93	​	​	65,050
Total (1)	​	$	134,036	​	$	24,216	​	$	158,252
​	​	​	​	​	​	​	​	​	​
Geography (3)	​	​	​	​	​	​	​	​	​
Domestic	​	$	134,036	​	$	24,216	​	$	158,252
​	​	​	​	​	​	​	​	​	​
​		Nine months ended September 27, 2024
​		Energy			Engineering and Consulting			Total
​		(in thousands)
Contract Type	​	​	​	​	​	​	​	​	​
Time-and-materials	​	$	25,190	​	$	51,193	​	$	76,383
Unit-based	​	​	147,022	​	​	14,375	​	​	161,397
Fixed price	​	​	180,422	​	​	3,535	​	​	183,957
Total (1)	​	$	352,634	​	$	69,103	​	$	421,737
​	​	​	​	​	​	​	​	​	​
Client Type	​	​	​	​	​	​	​	​	​
Commercial	​	$	23,858	​	$	5,281	​	$	29,139
Government	​	​	148,403	​	​	63,614	​	​	212,017
Utilities (2)	​	​	180,373	​	​	208	​	​	180,581
Total (1)	​	$	352,634	​	$	69,103	​	$	421,737
​	​	​	​	​	​	​	​	​	​
Geography (3)	​	​	​	​	​	​	​	​	​
Domestic	​	$	352,634	​	$	69,103	​	$	421,737

​

​	​	​	​	​	​	​	​	​	​
​		Three months ended September 29, 2023
​		Energy			Engineering and Consulting			Total
​		(in thousands)
Contract Type	​	​	​	​	​	​	​	​	​
Time-and-materials	​	$	9,382	​	$	16,629	​	$	26,011
Unit-based	​	​	42,119	​	​	4,182	​	​	46,301
Fixed price	​	​	59,529	​	​	897	​	​	60,426
Total (1)	​	$	111,030	​	$	21,708	​	$	132,738
​	​	​	​	​	​	​	​	​	​
Client Type	​	​	​	​	​	​	​	​	​
Commercial	​	$	7,448	​	$	1,588	​	$	9,036
Government	​	​	52,410	​	​	20,054	​	​	72,464
Utilities (2)	​	​	51,172	​	​	66	​	​	51,238
Total (1)	​	$	111,030	​	$	21,708	​	$	132,738
​	​	​	​	​	​	​	​	​	​
Geography (3)	​	​	​	​	​	​	​	​	​
Domestic	​	$	111,030	​	$	21,708	​	$	132,738
​	​	​	​	​	​	​	​	​	​
​		Nine months ended September 29, 2023
​		Energy			Engineering and Consulting			Total
​		(in thousands)
Contract Type	​	​	​	​	​	​	​	​	​
Time-and-materials	​	$	26,038	​	$	47,626	​	$	73,664
Unit-based	​	​	126,946	​	​	11,616	​	​	138,562
Fixed price	​	​	139,346	​	​	2,846	​	​	142,192
Total (1)	​	$	292,330	​	$	62,088	​	$	354,418
​	​	​	​	​	​	​	​	​	​
Client Type	​	​	​	​	​	​	​	​	​
Commercial	​	$	21,607	​	$	4,128	​	$	25,735
Government	​	​	119,028	​	​	57,759	​	​	176,787
Utilities (2)	​	​	151,695	​	​	201	​	​	151,896
Total (1)	​	$	292,330	​	$	62,088	​	$	354,418
​	​	​	​	​	​	​	​	​	​
Geography (3)	​	​	​	​	​	​	​	​	​
Domestic	​	$	292,330	​	$	62,088	​	$	354,418

(1) Amounts may not add to the totals due to rounding.

(2) Includes the portion of revenue related to small business programs paid by the end user/customer.

(3) Revenue from the Company’s foreign operations were not material for the three and nine months ended September 27, 2024 and September 29, 2023.

X

- 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

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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