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Segment Information | 12 Months Ended
--- | ---
Jun. 30, 2014
Segment Reporting [Abstract] |
Segment Information | Segment Information We operate our business through four reportable segments: Electrical Infrastructure, Oil Gas & Chemical, Storage Solutions, and Industrial. The Electrical Infrastructure segment primarily encompasses construction and maintenance services to a variety of power generation facilities, such as combined cycle plants, natural gas fired power stations, and renewable energy installations. We also provide high voltage services to investor owned utilities, including construction of new substations, upgrades of existing substations, short-run transmission line installations, distribution upgrades and maintenance, and storm restoration services. The Oil Gas & Chemical segment includes our traditional turnaround activities, plant maintenance services and construction in the downstream petroleum industry. Another key offering is industrial cleaning services, which include hydroblasting, hydroexcavating, chemical cleaning and vacuum services. We also perform work in the petrochemical, natural gas, gas processing and compression, and upstream petroleum markets. The Storage Solutions segment includes new construction of crude and refined products ASTs, as well as planned and emergency maintenance services. Also included in the Storage Solutions segment is work related to specialty storage tanks including LNG, liquid nitrogen/liquid oxygen LIN/LOX, LPG tanks and other specialty vessels including spheres. We also offer aboveground storage tank products including floating roof seals. Finally, the Storage Solutions segment includes balance of plant work in storage terminals and tank farms. The Industrial segment includes construction and maintenance work in the iron and steel and mining and minerals industries, bulk material handling and fertilizer production facilities, as well as work for clients in other industrial markets. The Company evaluates performance and allocates resources based on operating income. The accounting policies of the reportable segments are the same as those described in the summary of significant accounting policies. Intersegment sales and transfers are recorded at cost; therefore, no intercompany profit or loss recognized. Segment assets consist primarily of accounts receivable, costs and estimated earnings in excess of billings on uncompleted contracts, property, plant and equipment and goodwill. Results of Operations (In thousands)
|  | Electrical Infrastructure |  | Oil Gas & Chemical |  | Storage Solutions |  | Industrial |  | Unallocated Corporate |  | Total
Twelve months ended June 30, 2014 |  |  |  |  |  |  |  |  |  |  |  |
Gross revenues |  | $ | 205,570 |  |  | $ | 240,131 |  |  | $ | 611,826 |  |  | $ | 206,933 |  |  | $ | — |  |  | $ | 1,264,460 |
Less: inter-segment revenues |  | — |  |  | 441 |  |  | 930 |  |  |  |  |  | — |  |  | 1,371 |
Consolidated revenues |  | 205,570 |  |  | 239,690 |  |  | 610,896 |  |  | 206,933 |  |  | — |  |  | 1,263,089 |
Gross profit |  | 20,629 |  |  | 26,912 |  |  | 68,448 |  |  | 20,484 |  |  | — |  |  | 136,473 |
Operating income |  | 7,703 |  |  | 9,939 |  |  | 34,310 |  |  | 6,655 |  |  | — |  |  | 58,607 |
Segment assets |  | 120,264 |  |  | 72,406 |  |  | 200,493 |  |  | 105,049 |  |  | 70,720 |  |  | 568,932 |
Capital expenditures |  | 9,055 |  |  | 5,421 |  |  | 2,519 |  |  | 1,157 |  |  | 5,437 |  |  | 23,589 |
Depreciation and amortization expense |  | 3,292 |  |  | 3,768 |  |  | 7,707 |  |  | 3,751 |  |  | — |  |  | 18,518 |
Twelve months ended June 30, 2013 |  |  |  |  |  |  |  |  |  |  |  |
Gross revenues |  | $ | 171,204 |  |  | $ | 273,979 |  |  | $ | 395,794 |  |  | $ | 54,321 |  |  | $ | — |  |  | $ | 895,298 |
Less: inter-segment revenues |  | — |  |  | 131 |  |  | 2,593 |  |  | — |  |  | — |  |  | 2,724 |
Consolidated revenues |  | 171,204 |  |  | 273,848 |  |  | 393,201 |  |  | 54,321 |  |  | — |  |  | 892,574 |
Gross profit |  | 21,754 |  |  | 32,879 |  |  | 37,455 |  |  | 2,614 |  |  | — |  |  | 94,702 |
Operating income (loss) |  | 11,185 |  |  | 15,415 |  |  | 11,904 |  |  | (1,790 | ) |  | — |  |  | 36,714 |
Segment assets |  | 64,771 |  |  | 75,591 |  |  | 159,149 |  |  | 27,347 |  |  | 83,120 |  |  | 409,978 |
Capital expenditures |  | 2,129 |  |  | 2,942 |  |  | 9,929 |  |  | 1,645 |  |  | 6,586 |  |  | 23,231 |
Depreciation and amortization expense |  | 2,167 |  |  | 2,943 |  |  | 6,740 |  |  | 932 |  |  | — |  |  | 12,782 |
Twelve months ended June 30, 2012 |  |  |  |  |  |  |  |  |  |  |  |
Gross revenues |  | $ | 135,086 |  |  | $ | 206,031 |  |  | $ | 380,488 |  |  | $ | 19,983 |  |  | $ | — |  |  | $ | 741,588 |
Less: inter-segment revenues |  | — |  |  | 208 |  |  | 2,334 |  |  | — |  |  | — |  |  | 2,542 |
Consolidated revenues |  | 135,086 |  |  | 205,823 |  |  | 378,154 |  |  | 19,983 |  |  | — |  |  | 739,046 |
Gross profit |  | 16,676 |  |  | 20,070 |  |  | 42,393 |  |  | 479 |  |  | — |  |  | 79,618 |
Operating income (loss) |  | 7,609 |  |  | 8,134 |  |  | 17,493 |  |  | (1,601 | ) |  | — |  |  | 31,635 |
Segment assets |  | 51,998 |  |  | 53,567 |  |  | 150,543 |  |  | 14,018 |  |  | 53,009 |  |  | 323,135 |
Capital expenditures |  | 2,581 |  |  | 2,346 |  |  | 3,929 |  |  | 741 |  |  | 3,937 |  |  | 13,534 |
Depreciation and amortization expense |  | 1,823 |  |  | 2,838 |  |  | 6,309 |  |  | 515 |  |  | — |  |  | 11,485 |
Geographical information is as follows:
|  | Revenues
|  | Twelve Months Ended
|  | June 30, 2014 |  | June 30, 2013 |  | June 30, 2012
|  | (In thousands)
Domestic |  | $ | 1,149,262 |  |  | $ | 814,879 |  |  | $ | 674,496 |
International |  | 113,827 |  |  | 77,695 |  |  | 64,550 |
|  | $ | 1,263,089 |  |  | $ | 892,574 |  |  | $ | 739,046 |
|  | Long-Lived Assets
|  | June 30, 2014 |  | June 30, 2013 |  | June 30, 2012
|  | (In thousands)
Domestic |  | $ | 164,894 |  |  | $ | 101,581 |  |  | $ | 85,290 |
International |  | 28,490 |  |  | 12,378 |  |  | 6,132 |
|  | $ | 193,384 |  |  | $ | 113,959 |  |  | $ | 91,422 |
Information about Significant Customers In fiscal 2014, two customers accounted for 17.3% and 12.7% of our consolidated revenue and 35.8% and 26.3% of our Storage Solutions revenue, respectively. Four other customers accounted for 20.8%, 17.5%, 17.0%, and 10.8% of our Electrical Infrastructure revenue, respectively. An additional three customers accounted for 18.3%, 14.0%, and 10.2% of our Oil Gas & Chemical revenue, respectively. Five more customers accounted for 23.3%, 15.1%, 13.0%, 12.7%, and 11.3% of our Industrial revenue, respectively. In fiscal 2013, one customer accounted for 10.7% of our consolidated revenue and 24.3% of our Storage Solutions revenue and an additional customer accounted for 10.6% of our Storage Solutions revenue. Four other customers accounted for 24.9%, 19.6%, 12.6% and 11.1% of our Electrical Infrastructure revenue, respectively. An additional three customers accounted for 20.7%, 16.1% and 10.0% of our Oil Gas & Chemical revenue, respectively. Three more customers accounted for 23.3%, 20.5% and 16.4% of our Industrial revenue, respectively. In fiscal 2012, one customer accounted for 11.0% of our consolidated revenue and 35.1% of our Oil Gas & Chemical revenue and an additional customer accounted for 16.2% of our Oil Gas & Chemical revenue. Another customer accounted for 10.7% of our consolidated revenue and 20.9% of our Storage Solutions revenue. Three other customers accounted for 18.6%, 11.8% and 11.2% of our Electrical Infrastructure revenue, respectively. An additional four customers accounted for 25.7%, 18.1%, 15.3% and 12.2% of our Industrial revenue, respectively.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 + Details
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