v3.25.1
Operating Segments
6 Months Ended
Mar. 31, 2025
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 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 office 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 and six months ended March 31, 2025 and 2024 is as follows:
Three Months Ended March 31, 2025
CommunicationsResidentialInfrastructure SolutionsCommercial & IndustrialCorporateTotal
Revenues$273,016 $317,966 $117,620 $125,358 $— $833,960 
Cost of services209,973 238,294 78,319 98,505 — 625,091 
Gross profit63,043 79,672 39,301 26,853 — 208,869 
Selling, general and administrative23,441 57,151 12,487 11,024 11,941 116,044 
Contingent consideration— — 339 — — 339 
Gain on sale of assets(21)(156)(9)(23)— (209)
Operating income (loss)$39,623 $22,677 $26,484 $15,852 $(11,941)$92,695 
 Other data:
Depreciation and amortization expense$1,255 $5,913 $3,942 $612 $226 $11,948 
Capital expenditures$6,372 $3,748 $2,999 $2,149 $1,685 $16,953 
Total assets$343,356 $379,510 $328,027 $121,990 $191,676 $1,364,559 
Three Months Ended March 31, 2024
CommunicationsResidentialInfrastructure SolutionsCommercial & IndustrialCorporateTotal
Revenues$193,503 $339,372 $75,789 $97,069 $— $705,733 
Cost of services154,568 250,702 52,044 76,806 — 534,120 
Gross profit38,935 88,670 23,745 20,263 — 171,613 
Selling, general and administrative16,988 55,258 7,627 8,707 6,692 95,272 
Gain on sale of assets(16)(1,275)— (68)(14)(1,373)
Operating income (loss)$21,963 $34,687 $16,118 $11,624 $(6,678)$77,714 
Other data:
Depreciation and amortization expense$866 $5,012 $1,229 $485 $229 $7,821 
Capital expenditures$936 $3,424 $884 $1,397 $203 $6,844 
Total assets$230,386 $396,760 $200,476 $98,845 $174,697 $1,101,164