v3.22.4
Operating Segments
 3 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block] 6. OPERATING SEGMENTS
We manage and measure performance of our business in four distinct operating segments: Communications, Residential, Infrastructure Solutions, and Commercial & Industrial. These segments are reflective of how the Company’s Chief Operating Decision Maker (“CODM”) reviews operating results for the purpose of allocating resources and assessing performance. The Company’s CODM is its Chief Executive Officer.

Transactions between segments, if any, are eliminated in consolidation. Our corporate organization provides general and administrative services, as well as support services, to each of our four operating segments. Management allocates certain shared costs among segments for selling, general and administrative expenses and depreciation expense.

Segment information for the three months ended December 31, 2022 and 2021 is as follows:
Three Months Ended December 31, 2022
CommunicationsResidentialInfrastructure SolutionsCommercial & IndustrialCorporateTotal
Revenues$147,245 $318,078 $49,284 $60,267 $— $574,874 
Cost of services125,507 258,459 38,817 56,653 — 479,436 
Gross profit21,738 59,619 10,467 3,614 — 95,438 
Selling, general and administrative12,297 39,051 5,761 5,689 4,970 67,768 
Contingent consideration— 69 — — — 69 
Gain on sale of assets— (6)(19)(13,035)— (13,060)
Operating income (loss)$9,441 $20,505 $4,725 $10,960 $(4,970)$40,661 
 Other data:
Depreciation and amortization expense$430 $4,144 $1,354 $392 $68 $6,388 
Capital expenditures$642 $708 $639 $723 $— $2,712 
Total assets$203,500 $395,243 $163,201 $79,548 $55,324 $896,816 
Three Months Ended December 31, 2021
CommunicationsResidentialInfrastructure SolutionsCommercial & IndustrialCorporateTotal
Revenues$127,389 $241,776 $42,096 $69,248 $— $480,509 
Cost of services106,891 199,138 34,375 60,378 — 400,782 
Gross profit20,498 42,638 7,721 8,870 — 79,727 
Selling, general and administrative11,384 30,995 6,059 7,268 3,696 59,402 
Contingent consideration— 69 — — — 69 
Loss (gain) on sale of assets(6)8 — (7)— (5)
Operating income (loss)$9,120 $11,566 $1,662 $1,609 $(3,696)$20,261 
Other data:
Depreciation and amortization expense$359 $3,852 $1,343 $630 $30 $6,214 
Capital expenditures$594 $1,184 $10,316 $245 $— $12,339 
Total assets$161,419 $338,824 $145,722 $94,157 $45,106 $785,228