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SEGMENT AND GEOGRAPHICAL INFORMATION (Tables) | 3 Months Ended
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Apr. 04, 2025
SEGMENT AND GEOGRAPHICAL INFORMATION |
Schedule of financial information with respect to the reportable segments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Engineering | ​ | Unallocated | ​ | ​ | ​ | ​ | Consolidated
​ |  | Energy |  | & Consulting |  | Corporate |  | Intersegment |  | Total (1)
​ | ​ | (in thousands)
Fiscal Three Months Ended April 4, 2025 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Contract revenue | ​ | $ | 126,248 | ​ | $ | 26,138 | ​ | $ | - | ​ | $ | - | ​ | $ | 152,386
Direct subcontractor services and other direct costs | ​ | ​ | 66,080 | ​ | ​ | 968 | ​ | ​ | - | ​ | ​ | - | ​ | ​ | 67,048
Direct salaries and wages | ​ | ​ | 16,541 | ​ | ​ | 11,136 | ​ | ​ | - | ​ | ​ | - | ​ | ​ | 27,677
Gross profit | ​ | ​ | 43,627 | ​ | ​ | 14,034 | ​ | ​ | - | ​ | ​ | - | ​ | ​ | 57,661
Other indirect costs | ​ | ​ | 34,548 | ​ | ​ | 10,276 | ​ | ​ | 1,361 | ​ | ​ | - | ​ | ​ | 46,185
EBITDA (2) | ​ | ​ | 9,082 | ​ | ​ | 3,755 | ​ | ​ | (1,402) | ​ | ​ | - | ​ | ​ | 11,435
Interest expense, net | ​ | ​ | - | ​ | ​ | - | ​ | ​ | 1,802 | ​ | ​ | - | ​ | ​ | 1,802
Depreciation and amortization | ​ | ​ | 3,955 | ​ | ​ | 485 | ​ | ​ | - | ​ | ​ | - | ​ | ​ | 4,440
Segment profit (loss) before income tax expense | ​ | ​ | 5,127 | ​ | ​ | 3,270 | ​ | ​ | (3,204) | ​ | ​ | - | ​ | ​ | 5,193
Income tax expense (benefit) | ​ | ​ | 500 | ​ | ​ | 319 | ​ | ​ | (313) | ​ | ​ | - | ​ | ​ | 506
Net income (loss) | ​ | ​ | 4,627 | ​ | ​ | 2,951 | ​ | ​ | (2,891) | ​ | ​ | - | ​ | ​ | 4,687
Segment assets (3) | ​ | ​ | 372,792 | ​ | ​ | 41,633 | ​ | ​ | 79,863 | ​ | ​ | (23,130) | ​ | ​ | 471,158
Fiscal Three Months Ended March 29, 2024 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Contract revenue | ​ | $ | 100,746 | ​ | $ | 21,743 | ​ | $ | - | ​ | $ | - | ​ | $ | 122,489
Direct subcontractor services and other direct costs | ​ | ​ | 52,654 | ​ | ​ | 905 | ​ | ​ | - | ​ | ​ | - | ​ | ​ | 53,559
Direct salaries and wages | ​ | ​ | 12,333 | ​ | ​ | 9,179 | ​ | ​ | - | ​ | ​ | - | ​ | ​ | 21,512
Gross profit | ​ | ​ | 35,759 | ​ | ​ | 11,659 | ​ | ​ | - | ​ | ​ | - | ​ | ​ | 47,418
Other indirect costs | ​ | ​ | 28,339 | ​ | ​ | 8,957 | ​ | ​ | 1,169 | ​ | ​ | - | ​ | ​ | 38,465
EBITDA (2) | ​ | ​ | 7,549 | ​ | ​ | 2,700 | ​ | ​ | (592) | ​ | ​ | - | ​ | ​ | 9,657
Interest expense, net | ​ | ​ | 1 | ​ | ​ | - | ​ | ​ | 2,136 | ​ | ​ | - | ​ | ​ | 2,137
Depreciation and amortization | ​ | ​ | 3,236 | ​ | ​ | 356 | ​ | ​ | - | ​ | ​ | - | ​ | ​ | 3,592
Segment profit (loss) before income tax expense | ​ | ​ | 4,311 | ​ | ​ | 2,344 | ​ | ​ | (2,727) | ​ | ​ | - | ​ | ​ | 3,928
Income tax expense (benefit) | ​ | ​ | 1,083 | ​ | ​ | 588 | ​ | ​ | (685) | ​ | ​ | - | ​ | ​ | 986
Net income (loss) | ​ | ​ | 3,229 | ​ | ​ | 1,756 | ​ | ​ | (2,043) | ​ | ​ | - | ​ | ​ | 2,942
Segment assets (3) | ​ | ​ | 318,808 | ​ | ​ | 26,613 | ​ | ​ | 85,609 | ​ | ​ | (23,130) | ​ | ​ | 407,900
| (1) | Amounts may not add to the totals due to rounding.
| (2) | “EBITDA”, defined as earnings before interest, taxes, depreciation and amortization, is a non-GAAP financial measure.
| (3) | Segment assets are presented net of intercompany receivables.
Disaggregation of Revenue [Table Text Block] | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Three months ended April 4, 2025
​ |  | Energy |  | Engineering and Consulting |  | Total
​ |  | (in thousands)
Contract Type | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Time-and-materials | ​ | $ | 11,602 | ​ | $ | 18,060 | ​ | $ | 29,662
Unit-based | ​ | ​ | 47,707 | ​ | ​ | 6,255 | ​ | ​ | 53,962
Fixed price | ​ | ​ | 66,939 | ​ | ​ | 1,823 | ​ | ​ | 68,762
Total (1) | ​ | $ | 126,248 | ​ | $ | 26,138 | ​ | $ | 152,386
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Client Type | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commercial | ​ | $ | 13,515 | ​ | $ | 1,811 | ​ | $ | 15,326
Government | ​ | ​ | 48,324 | ​ | ​ | 24,272 | ​ | ​ | 72,596
Utilities (2) | ​ | ​ | 64,409 | ​ | ​ | 55 | ​ | ​ | 64,464
Total (1) | ​ | $ | 126,248 | ​ | $ | 26,138 | ​ | $ | 152,386
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Geography (3) | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Domestic | ​ | $ | 126,248 | ​ | $ | 26,138 | ​ | $ | 152,386
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Three months ended March 29, 2024
​ |  | Energy |  | Engineering and Consulting |  | Total
​ |  | (in thousands)
Contract Type | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Time-and-materials | ​ | $ | 8,537 | ​ | $ | 16,399 | ​ | $ | 24,936
Unit-based | ​ | ​ | 46,957 | ​ | ​ | 4,511 | ​ | ​ | 51,468
Fixed price | ​ | ​ | 45,252 | ​ | ​ | 833 | ​ | ​ | 46,085
Total (1) | ​ | $ | 100,746 | ​ | $ | 21,743 | ​ | $ | 122,489
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Client Type | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commercial | ​ | $ | 7,203 | ​ | $ | 1,580 | ​ | $ | 8,783
Government | ​ | ​ | 35,820 | ​ | ​ | 20,098 | ​ | ​ | 55,918
Utilities (2) | ​ | ​ | 57,723 | ​ | ​ | 65 | ​ | ​ | 57,788
Total (1) | ​ | $ | 100,746 | ​ | $ | 21,743 | ​ | $ | 122,489
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Geography (3) | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Domestic | ​ | $ | 100,746 | ​ | $ | 21,743 | ​ | $ | 122,489
| (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 months ended April 4, 2025 and March 29, 2024.

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