Schedule of Contract Asset and Liabilities |
Contract assets and liabilities as of March 31, 2025 and September 30, 2024 are summarized below (in thousands): | | | | | | | | | | | | | March 31, 2025 | | September 30, 2024 | Contract assets | $ | 115,943 | | | $ | 102,827 | | Contract liabilities | (283,372) | | | (287,763) | | Net contract liability | $ | (167,429) | | | $ | (184,936) | |
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Schedule of Disaggregation of Revenue |
The following tables present our disaggregated revenue by geographic destination and market sector for the three and six months ended March 31, 2025 and 2024 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended March 31, | | Six months ended March 31, | | 2025 | | 2024 | | 2025 | | 2024 | United States | $ | 227,834 | | | $ | 216,933 | | | $ | 425,606 | | | $ | 376,793 | | Canada | 33,970 | | | 24,160 | | | 65,664 | | | 44,510 | | Europe | 5,897 | | | 8,265 | | | 11,425 | | | 14,797 | | Middle East and Africa | 8,282 | | | 2,803 | | | 12,840 | | | 6,078 | | Mexico, Central and South America | 1,002 | | | 2,159 | | | 1,301 | | | 4,816 | | Asia/Pacific | 1,646 | | | 788 | | | 3,226 | | | 2,131 | | Total revenues by geographic destination | $ | 278,631 | | | $ | 255,108 | | | $ | 520,062 | | | $ | 449,125 | |
| | | | | | | | | | | | | | | | | | | | | | | | | Three months ended March 31, | | Six months ended March 31, | | 2025 | | 2024 | | 2025 | | 2024 | Oil and gas (excludes petrochemical) | $ | 101,167 | | | $ | 103,820 | | | $ | 196,846 | | | $ | 187,456 | | Petrochemical | 43,704 | | | 50,070 | | | 76,887 | | | 78,437 | | Electric utility | 70,339 | | | 47,502 | | | 121,579 | | | 88,205 | | Commercial and other industrial | 40,369 | | | 34,894 | | | 84,669 | | | 59,566 | | Light rail traction power | 10,008 | | | 4,517 | | | 18,236 | | | 8,862 | | All others | 13,044 | | | 14,305 | | | 21,845 | | | 26,599 | | Total revenues by market sector | $ | 278,631 | | | $ | 255,108 | | | $ | 520,062 | | | $ | 449,125 | |
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