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Segment Information (Notes)
3 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Segment Information Segment Information
We report our results of operations through three reportable segments: Utility and Power Infrastructure, Process and Industrial Facilities, and Storage and Terminal Solutions.
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 engineering, fabrication, and construction services for LNG utility peak shaving facilities, and provide construction and maintenance services to a variety of power generation facilities, including natural gas fired facilities in simple or combined cycle configuration.
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 crude oil and refined product 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 as 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.

We evaluate performance and allocate resources based on operating income. We eliminate intersegment sales; therefore, no intercompany profit or loss is recognized. Corporate selling, general and administrative expenses are excluded from our three reportable segments in order to better align controllable costs with the responsibility of segment management, and to be consistent with how our chief operating decision-maker assesses segment performance and allocates resources. 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)
 Three Months Ended
 September 30,
2022
September 30,
2021
Gross revenue
Utility and Power Infrastructure$44,870 $57,204 
Process and Industrial Facilities86,745 45,210 
Storage and Terminal Solutions77,290 68,312 
Total gross revenue$208,905 $170,726 
Less: Inter-segment revenue
Process and Industrial Facilities$117 $1,305 
Storage and Terminal Solutions357 1,328 
Total inter-segment revenue$474 $2,633 
Consolidated revenue
Utility and Power Infrastructure$44,870 $57,204 
Process and Industrial Facilities86,628 43,905 
Storage and Terminal Solutions76,933 66,984 
Total consolidated revenue$208,431 $168,093 
Gross profit (loss)
Utility and Power Infrastructure$1,714 $(6,107)
Process and Industrial Facilities4,330 2,871 
Storage and Terminal Solutions7,564 413 
Corporate(600)(685)
Total gross profit (loss)$13,008 $(3,508)
Selling, general and administrative expenses
Utility and Power Infrastructure$1,738 $3,050 
Process and Industrial Facilities4,070 2,762 
Storage and Terminal Solutions4,158 4,506 
Corporate6,845 6,311 
Total selling, general and administrative expenses$16,811 $16,629 
Restructuring costs
Utility and Power Infrastructure$37 $
Process and Industrial Facilities315 
Storage and Terminal Solutions522 (33)
Corporate413 622 
Total restructuring costs$1,287 $605 
Operating income (loss)
Utility and Power Infrastructure$(61)$(9,166)
Process and Industrial Facilities(55)102 
Storage and Terminal Solutions2,884 (4,060)
Corporate(7,858)(7,618)
Total operating loss$(5,090)$(20,742)
Total assets by segment were as follows:
September 30,
2022
June 30,
2022
Utility and Power Infrastructure$67,860 $94,059 
Process and Industrial Facilities130,461 104,078 
Storage and Terminal Solutions143,238 141,084 
Corporate69,353 101,572 
Total segment assets$410,912 $440,793