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SEGMENT AND GEOGRAPHICAL INFORMATION (Tables)

9 Months Ended

Oct. 03, 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

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Energy

& Consulting

Corporate

Intersegment

Total (1)

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(in thousands)

Fiscal Three Months Ended October 3, 2025

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Contract revenue

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$

154,750

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$

27,256

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$

-

​

$

-

​

$

182,006

Direct subcontractor services and other direct costs

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85,536

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1,503

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-

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-

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87,039

Direct salaries and wages

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17,169

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10,709

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-

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-

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27,878

Gross profit

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52,045

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15,044

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-

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-

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67,089

Other indirect costs

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35,793

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9,878

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2,643

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-

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48,314

EBITDA (2)

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16,269

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5,165

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(2,329)

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-

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19,105

Interest expense, net

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-

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-

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902

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-

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​

902

Depreciation and amortization

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3,451

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462

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-

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-

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3,913

Segment profit (loss) before income tax expense

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12,818

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4,702

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(3,230)

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-

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14,290

Income tax expense (benefit)

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​

1,109

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665

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(1,205)

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-

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569

Net income (loss)

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11,709

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4,038

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(2,026)

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-

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13,721

Segment assets (3)

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428,984

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40,979

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61,092

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(23,130)

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507,925

Fiscal Nine Months Ended October 3, 2025

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Contract revenue

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$

427,747

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$

80,118

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$

-

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$

-

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$

507,865

Direct subcontractor services and other direct costs

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228,410

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4,182

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-

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-

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232,592

Direct salaries and wages

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​

49,886

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32,312

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-

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-

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82,198

Gross profit

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149,451

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43,624

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-

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-

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193,075

Other indirect costs

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106,219

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29,507

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9,778

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-

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145,504

EBITDA (2)

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42,518

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14,112

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(8,219)

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-

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48,411

Interest expense, net

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-

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-

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4,890

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-

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4,890

Depreciation and amortization

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12,346

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1,511

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-

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-

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13,857

Segment profit (loss) before income tax expense

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30,173

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12,600

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(13,109)

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-

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29,664

Income tax expense (benefit)

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(4,252)

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(1,775)

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1,847

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-

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(4,180)

Net income (loss)

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34,424

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14,376

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(14,956)

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-

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33,844

Segment assets (3)

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428,984

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40,979

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61,092

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(23,130)

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507,925

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

(2) “EBITDA” is defined as earnings before interest, taxes, depreciation and amortization.

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

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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 September 27, 2024

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Contract revenue

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$

134,036

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$

24,216

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$

-

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$

-

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$

158,252

Direct subcontractor services and other direct costs

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81,805

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758

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-

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-

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82,563

Direct salaries and wages

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14,212

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9,876

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-

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-

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24,088

Gross profit

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38,019

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13,582

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-

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-

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51,601

Other indirect costs

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28,532

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8,924

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1,755

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-

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39,211

EBITDA (2)

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9,513

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4,658

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(1,018)

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-

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13,153

Interest expense, net

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-

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-

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1,934

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-

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1,934

Depreciation and amortization

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3,337

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379

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-

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-

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3,716

Segment profit (loss) before income tax expense

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6,176

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4,280

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(2,953)

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-

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7,503

Income tax expense (benefit)

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(25)

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85

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97

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-

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157

Net income (loss)

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6,202

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4,194

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(3,050)

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-

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7,346

Segment assets (3)

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348,617

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29,523

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92,243

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(23,130)

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447,253

Fiscal Nine Months Ended September 27, 2024

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Contract revenue

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$

352,634

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$

69,103

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$

-

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$

-

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$

421,737

Direct subcontractor services and other direct costs

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202,015

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2,652

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-

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-

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204,667

Direct salaries and wages

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40,430

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28,817

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69,247

Gross profit

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110,189

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37,634

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147,823

Other indirect costs

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84,874

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26,884

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4,645

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-

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116,403

EBITDA (2)

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25,686

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10,745

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(2,718)

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-

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33,713

Interest expense, net

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-

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-

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6,031

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-

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6,031

Depreciation and amortization

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9,800

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1,137

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-

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-

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10,937

Segment profit (loss) before income tax expense

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15,886

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9,608

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(8,749)

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-

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16,745

Income tax expense (benefit)

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1,767

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1,069

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(973)

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-

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1,863

Net income (loss)

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14,119

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8,539

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(7,776)

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-

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14,882

Segment assets (3)

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348,617

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29,523

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92,243

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(23,130)

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447,253

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

(2) “EBITDA” is defined as earnings before interest, taxes, depreciation and amortization.

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

Disaggregation of Revenue [Table Text Block]

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​	​	​	​	​	​	​	​	​	​
​		Three months ended October 3, 2025
​		Energy			Engineering and Consulting			Total
​		(in thousands)
Contract Type	​	​	​	​	​	​	​	​	​
Time-and-materials	​	$	12,866	​	$	18,382	​	$	31,248
Unit-based	​	​	58,252	​	​	6,965	​	​	65,217
Fixed price	​	​	83,632	​	​	1,909	​	​	85,541
Total (1)	​	$	154,750	​	$	27,256	​	$	182,006
​	​	​	​	​	​	​	​	​	​
Client Type	​	​	​	​	​	​	​	​	​
Commercial	​	$	15,942	​	$	1,945	​	$	17,887
Government	​	​	64,587	​	​	25,256	​	​	89,843
Utilities (2)	​	​	74,221	​	​	55	​	​	74,276
Total (1)	​	$	154,750	​	$	27,256	​	$	182,006
​	​	​	​	​	​	​	​	​	​
Geography (3)	​	​	​	​	​	​	​	​	​
Domestic	​	$	154,750	​	$	27,256	​	$	182,006
​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​
​		Nine months ended October 3, 2025
​		Energy			Engineering and Consulting			Total
​		(in thousands)
Contract Type	​	​	​	​	​	​	​	​	​
Time-and-materials	​	$	36,201	​	$	55,341	​	$	91,542
Unit-based	​	​	164,209	​	​	19,707	​	​	183,916
Fixed price	​	​	227,337	​	​	5,070	​	​	232,407
Total (1)	​	$	427,747	​	$	80,118	​	$	507,865
​	​	​	​	​	​	​	​	​	​
Client Type	​	​	​	​	​	​	​	​	​
Commercial	​	$	47,550	​	$	5,511	​	$	53,061
Government	​	​	168,750	​	​	74,452	​	​	243,202
Utilities (2)	​	​	211,447	​	​	155	​	​	211,602
Total (1)	​	$	427,747	​	$	80,118	​	$	507,865
​	​	​	​	​	​	​	​	​	​
Geography (3)	​	​	​	​	​	​	​	​	​
Domestic	​	$	427,747	​	$	80,118	​	$	507,865

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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

(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 was not material for the three and nine months ended October 3, 2025 and September 27, 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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X

- 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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- References

No definition available.

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