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Segment Information
12 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Segment Information Segment Information
Due to changing markets facing our clients and to better align our financial reporting with our long-term strategic growth areas, we began reporting our financial results under new reportable segments effective July 1, 2020. The new reportable segments along with a description of each are as follows:
Utility and Power Infrastructure: consists of power delivery services provided to investor owned utilities, including construction of new substations, upgrades of existing substations, transmission and distribution line installations, upgrades and maintenance, as well as emergency and storm restoration services. We also provide construction and maintenance services to a variety of power generation facilities, including natural gas fired facilities in simple or combined cycle configuration and provide engineering, fabrication, and construction services for LNG utility peak shaving facilities.
Process and Industrial Facilities: primarily serves customers in the downstream and midstream petroleum industries who are engaged in refining crude oil and processing, fractionating, and marketing of natural gas and natural gas liquids. We also serve customers in various other industries such as petrochemical, sulfur, mining and minerals companies engaged primarily in the extraction of non-ferrous metals, aerospace and defense, cement, agriculture, and other industrial customers. Our services include plant maintenance, turnarounds, industrial cleaning services, engineering, fabrication, and capital construction.
Storage and Terminal Solutions: consists of work related to aboveground storage tanks and terminals. We also include work related to cryogenic and other specialty storage tanks and terminals, including LNG, liquid nitrogen/liquid oxygen, liquid petroleum, hydrogen and other specialty vessels such as spheres in this segment, as well work related to marine structures and truck and rail loading/offloading facilities. Our services include engineering, fabrication, construction, and maintenance and repair, which includes planned and emergency services for both tanks and full terminals. Finally, we offer tank products, including geodesic domes, aluminum internal floating roofs, floating suction and skimmer systems, roof drain systems and floating roof seals.

All prior period segment information has been restated to conform with our new reportable segments. In addition, beginning July 1, 2020, we separately report corporate selling, general and administrative expenses and other corporate expenses that were previously allocated to the segments.

We evaluate performance and allocate resources based on operating income. We record intersegment sales and transfers at cost; therefore, no intercompany profit or loss is recognized.

Segment assets consist primarily of accounts receivable, costs and estimated earnings in excess of billings on uncompleted contracts, property, plant and equipment, right-of-use lease assets, goodwill and other intangible assets.
Results of Operations
(In thousands)
Utility and Power InfrastructureProcess and Industrial FacilitiesStorage and Terminal
Solutions
CorporateTotal
Fiscal year ended June 30, 2021
Gross revenue$210,052 $201,472 $267,982 $— $679,506 
Less: inter-segment revenue— 1,555 4,553 — 6,108 
Consolidated revenue210,052 199,917 263,429 — 673,398 
Gross profit 1,506 17,642 13,617 — 32,765 
Selling, general and administrative expenses9,882 14,756 18,644 26,474 69,756 
Restructuring costs1,312 3,807 1,391 246 6,756 
Operating loss(9,688)(921)(6,418)(26,720)(43,747)
Segment assets81,717 106,619 160,782 118,438 467,556 
Capital expenditures1,183 834 1,136 1,201 4,354 
Depreciation and amortization expense4,127 6,018 7,456 257 17,858 
Fiscal year ended June 30, 2020
Gross revenue$212,001 $424,710 $470,871 $— $1,107,582 
Less: inter-segment revenue— 2,839 3,805 — 6,644 
Consolidated revenue212,001 421,871 467,066 — 1,100,938 
Gross profit (loss)7,081 36,349 61,413 (2,667)102,176 
Selling, general and administrative expenses10,047 24,266 26,386 25,577 86,276 
Intangible asset impairments and restructuring costs27,625 22,914 1,066 920 52,525 
Operating income (loss)(30,591)(10,831)33,961 (29,164)(36,625)
Segment assets67,398 138,734 187,167 124,011 517,310 
Capital expenditures3,285 7,523 4,921 2,810 18,539 
Depreciation and amortization expense3,054 8,014 7,743 313 19,124 
Fiscal year ended June 30, 2019
Gross revenue$249,867 $656,137 $514,948 $— $1,420,952 
Less: inter-segment revenue— 2,123 2,149 — 4,272 
Consolidated revenue249,867 654,014 512,799 — 1,416,680 
Gross profit (loss)21,161 58,853 54,600 (2,663)131,951 
Selling, general and administrative expenses9,842 26,932 30,319 26,928 94,021 
Operating income (loss)11,319 31,921 24,281 (29,591)37,930 
Segment assets166,857 162,449 197,781 106,307 633,394 
Capital expenditures2,711 6,673 4,284 5,890 19,558 
Depreciation and amortization expense2,567 8,232 7,132 293 18,224 
Geographical information is as follows:

 Long-Lived Assets
 June 30,
2021
June 30,
2020
June 30,
2019
 (In thousands)
United States$157,442 $164,056 $193,472 
Canada6,523 5,659 10,110 
Other international12,372 12,435 12,502 
$176,337 $182,150 $216,084 


Information about Significant Customers:
Significant Customers as a Percentage of Segment Revenue
ConsolidatedUtility and Power
Infrastructure
Process and Industrial FacilitiesStorage and Terminal
Solutions
Fiscal Year ended June 30, 2021
Customer one12.9 %41.3 %— %— %
Customer two9.9 %— %33.3 %0.1 %
Customer three7.0 %22.5 %— %0.1 %
Customer four4.4 %— %— %11.2 %
Fiscal Year ended June 30, 2020
Customer one9.7 %— %25.4 %— %
Customer two8.2 %42.7 %— %— %
Customer three8.2 %— %— %19.3 %
Customer four6.8 %— %— %16.1 %
Customer five2.0 %10.5 %— %— %
Fiscal Year ended June 30, 2019
Customer one9.7 %— %21.0 %— %
Customer two7.6 %42.7 %0.2 %— %
Customer three7.6 %— %16.4 %— %
Customer four7.2 %— %15.1 %0.6 %
Customer five7.1 %— %— %19.7 %
Customer six5.0 %— %— %13.8 %
Customer seven4.6 %0.2 %1.5 %10.8 %
Customer eight3.4 %19.5 %— %— %
Customer nine2.1 %11.7 %— %— %
Customer ten2.0 %11.3 %— %— %