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SEGMENT AND GEOGRAPHICAL INFORMATION (Tables)

3 Months Ended

Apr. 04, 2025

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 (1)

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(in thousands)

Fiscal Three Months Ended April 4, 2025

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Contract revenue

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$

126,248

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$

26,138

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$

-

​

$

-

​

$

152,386

Direct subcontractor services and other direct costs

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66,080

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968

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-

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-

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67,048

Direct salaries and wages

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16,541

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11,136

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-

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-

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27,677

Gross profit

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43,627

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14,034

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-

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-

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57,661

Other indirect costs

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34,548

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10,276

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1,361

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-

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46,185

EBITDA (2)

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9,082

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3,755

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(1,402)

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-

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11,435

Interest expense, net

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-

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-

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1,802

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-

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1,802

Depreciation and amortization

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3,955

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485

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-

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-

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4,440

Segment profit (loss) before income tax expense

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5,127

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3,270

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(3,204)

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-

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5,193

Income tax expense (benefit)

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500

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319

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(313)

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-

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506

Net income (loss)

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4,627

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2,951

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(2,891)

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-

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4,687

Segment assets (3)

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372,792

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​

41,633

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​

79,863

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(23,130)

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471,158

Fiscal Three Months Ended March 29, 2024

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Contract revenue

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$

100,746

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$

21,743

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$

-

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$

-

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$

122,489

Direct subcontractor services and other direct costs

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52,654

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​

905

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-

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-

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53,559

Direct salaries and wages

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12,333

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9,179

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-

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-

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21,512

Gross profit

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35,759

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11,659

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-

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-

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47,418

Other indirect costs

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28,339

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8,957

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1,169

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-

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38,465

EBITDA (2)

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7,549

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2,700

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(592)

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-

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9,657

Interest expense, net

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1

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-

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2,136

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-

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2,137

Depreciation and amortization

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3,236

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356

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-

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-

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3,592

Segment profit (loss) before income tax expense

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4,311

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2,344

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(2,727)

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-

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3,928

Income tax expense (benefit)

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1,083

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​

588

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(685)

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-

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​

986

Net income (loss)

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3,229

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​

1,756

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(2,043)

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-

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2,942

Segment assets (3)

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318,808

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​

26,613

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​

85,609

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(23,130)

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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]

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​	​	​	​	​	​	​	​	​	​
​		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

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​	​	​	​	​	​	​	​	​	​
​		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.

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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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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