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 | | | Communications | | Residential | | Infrastructure Solutions | | Commercial & Industrial | | Corporate | | Total | Revenues | $ | 273,016 | | | $ | 317,966 | | | $ | 117,620 | | | $ | 125,358 | | | $ | — | | | $ | 833,960 | | Cost of services | 209,973 | | | 238,294 | | | 78,319 | | | 98,505 | | | — | | | 625,091 | | Gross profit | 63,043 | | | 79,672 | | | 39,301 | | | 26,853 | | | — | | | 208,869 | | Selling, general and administrative | 23,441 | | | 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 | | | Communications | | Residential | | Infrastructure Solutions | | Commercial & Industrial | | Corporate | | Total | Revenues | $ | 193,503 | | | $ | 339,372 | | | $ | 75,789 | | | $ | 97,069 | | | $ | — | | | $ | 705,733 | | Cost of services | 154,568 | | | 250,702 | | | 52,044 | | | 76,806 | | | — | | | 534,120 | | Gross profit | 38,935 | | | 88,670 | | | 23,745 | | | 20,263 | | | — | | | 171,613 | | Selling, general and administrative | 16,988 | | | 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 | |
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