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SEGMENT AND GEOGRAPHICAL INFORMATION (Tables)

12 Months Ended

Dec. 27, 2024

SEGMENT AND GEOGRAPHICAL INFORMATION

Schedule of financial information with respect to the reportable segments


					Engineering			Unallocated						Consolidated
		Energy			& Consulting			Corporate			Intersegment			Total
		(in thousands)
Fiscal Year 2024
Contract revenue		$	473,309		$	92,489		$	—		$	—		$	565,798
Direct subcontractor services and other direct costs			266,092			3,381			—			—			269,473
Direct salaries and wages			55,041			38,502			—			—			93,543
Gross profit			152,176			50,606			—			—			202,782
Other indirect costs			113,998			36,263			6,423			—			156,684
EBITDA⁽¹⁾			38,554			14,344			(3,673)			—			49,225
Interest expense			—			—			7,801			—			7,801
Depreciation and amortization			13,260			1,485			—			—			14,745
Segment profit (loss) before income tax expense			25,294			12,859			(11,474)			—			26,679
Income tax (benefit) expense			3,896			1,980			(1,767)			—			4,109
Net income (loss)			21,398			10,879			(9,707)			—			22,570
Segment assets ⁽²⁾			348,883			29,202			109,908			(23,130)			464,863


					Engineering			Unallocated						Consolidated
		Energy			& Consulting			Corporate			Intersegment			Total
		(in thousands)
Fiscal Year 2023
Contract revenue		$	426,976		$	83,119		$	—		$	—		$	510,095
Direct subcontractor services and other direct costs			236,603			3,810			—			—			240,413
Direct salaries and wages			54,377			35,538			—			—			89,915
Gross profit			135,996			43,771			—			—			179,767
Other indirect costs			104,644			32,259			4,359			—			141,262
EBITDA⁽¹⁾			32,103			11,525			(3,193)			—			40,435
Interest expense			6			—			9,407			—			9,413
Depreciation and amortization			15,176			1,255			—			—			16,431
Segment profit (loss) before income tax expense			16,921			10,270			(12,600)			—			14,591
Income tax (benefit) expense			4,250			2,580			(3,165)			—			3,665
Net income (loss)			12,671			7,690			(9,435)			—			10,926
Segment assets ⁽²⁾			345,745			25,842			67,131			(23,130)			415,588


					Engineering			Unallocated						Consolidated
		Energy			& Consulting			Corporate			Intersegment			Total
		(in thousands)
Fiscal Year 2022
Contract revenue		$	357,460		$	71,678		$	—		$	—		$	429,138
Direct subcontractor services and other direct costs			199,465			3,122			—			—			202,587
Direct salaries and wages			52,179			30,793			—			—			82,972
Gross profit			105,816			37,763			—			—			143,579
Other indirect costs			99,559			26,015			7,579			—			133,153
EBITDA⁽¹⁾			6,973			11,877			(7,485)			—			11,365
Interest expense			11			—			5,317			—			5,328
Depreciation and amortization			16,507			982			—			—			17,489
Segment profit (loss) before income tax expense			(9,544)			10,896			(12,804)			—			(11,452)
Income tax (benefit) expense			(2,504)			2,858			(3,358)			—			(3,004)
Net income (loss)			(7,041)			8,037			(9,444)			—			(8,448)
Segment assets ⁽²⁾			342,067			22,034			68,703			(23,130)			409,674

(1)	“EBITDA”, defined as earnings before interest, taxes, depreciation and amortization, is a non-GAAP financial measure.

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

Schedule of disaggregation of revenue


		2024
		Energy			Engineering and Consulting			Total
		(in thousands)
Contract Type
Time-and-materials		$	34,381		$	67,931		$	102,312
Unit-based			205,117			19,676			224,793
Fixed price			233,811			4,882			238,693
Total⁽¹⁾		$	473,309		$	92,489		$	565,798

Client Type
Commercial		$	34,072		$	7,548		$	41,620
Government			182,079			84,695			266,774
Utilities⁽²⁾			257,158			246			257,404
Total⁽¹⁾		$	473,309		$	92,489		$	565,798

Geography ⁽³⁾
Domestic		$	473,309		$	92,489		$	565,798


		2023
		Energy			Engineering and Consulting			Total
		(in thousands)
Contract Type
Time-and-materials		$	35,582		$	63,530		$	99,112
Unit-based			199,040			15,753			214,793
Fixed price			192,354			3,836			196,190
Total⁽¹⁾		$	426,976		$	83,119		$	510,095

Client Type
Commercial		$	31,162		$	5,866		$	37,028
Government			159,935			76,972			236,907
Utilities⁽²⁾			235,879			281			236,160
Total⁽¹⁾		$	426,976		$	83,119		$	510,095

Geography ⁽³⁾
Domestic		$	426,976		$	83,119		$	510,095


		2022
		Energy			Engineering and Consulting			Total
		(in thousands)
Contract Type
Time-and-materials		$	32,491		$	53,584		$	86,075
Unit-based			180,509			14,296			194,805
Fixed price			144,460			3,798			148,258
Total⁽¹⁾		$	357,460		$	71,678		$	429,138

Client Type
Commercial		$	29,782		$	5,566		$	35,348
Government			126,494			65,969			192,463
Utilities⁽²⁾			201,184			143			201,327
Total⁽¹⁾		$	357,460		$	71,678		$	429,138

Geography ⁽³⁾
Domestic		$	357,460		$	71,678		$	429,138

(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 immaterial for fiscal years 2024, 2023, and 2022.

Schedule of assets included in Unallocated Corporate


		2024			2023
		(in thousands)
Assets:
Cash and cash equivalents		$	74,158		$	23,397
Restricted cash			—			—
Accounts receivable, net			(6,881)			(915)
Prepaid expenses			2,765			1,399
Intercompany receivables			3,119,695			2,345,753
Goodwill			2			2
Other receivables			40			880
Equipment and leasehold improvements, net			1,051			1,299
Investments in subsidiaries			23,130			23,130
ROU Assets			1,149			1,389
Other			1,147			590
Deferred income taxes			13,346			15,961
		$	3,229,602		$	2,412,885