Schedule of Contract Asset and Liabilities |
Contract assets and liabilities as of June 30, 2025 and September 30, 2024 are summarized below (in thousands): | | | | | | | | | | | | | June 30, 2025 | | September 30, 2024 | Contract assets | $ | 133,015 | | | $ | 102,827 | | Contract liabilities | (299,512) | | | (287,763) | | Net contract liability | $ | (166,497) | | | $ | (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 nine months ended June 30, 2025 and 2024 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30, | | Nine months ended June 30, | | 2025 | | 2024 | | 2025 | | 2024 | United States | $ | 224,537 | | | $ | 243,744 | | | $ | 650,143 | | | $ | 620,537 | | Canada | 42,611 | | | 29,695 | | | 108,275 | | | 74,205 | | Europe | 5,522 | | | 9,464 | | | 16,947 | | | 24,261 | | Middle East and Africa | 9,917 | | | 2,322 | | | 22,757 | | | 8,400 | | Mexico, Central and South America | 1,881 | | | 1,962 | | | 3,182 | | | 6,778 | | Asia/Pacific | 1,805 | | | 981 | | | 5,031 | | | 3,112 | | Total revenues by geographic destination | $ | 286,273 | | | $ | 288,168 | | | $ | 806,335 | | | $ | 737,293 | |
| | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30, | | Nine months ended June 30, | | 2025 | | 2024 | | 2025 | | 2024 | Oil and gas (excludes petrochemical) | $ | 105,464 | | | $ | 114,336 | | | $ | 302,310 | | | $ | 301,792 | | Petrochemical | 36,349 | | | 56,784 | | | 113,236 | | | 135,221 | | Electric utility | 74,909 | | | 57,009 | | | 196,488 | | | 145,214 | | Commercial and other industrial | 49,519 | | | 42,044 | | | 134,188 | | | 101,610 | | Light rail traction power | 8,549 | | | 5,322 | | | 26,785 | | | 14,184 | | All others | 11,483 | | | 12,673 | | | 33,328 | | | 39,272 | | Total revenues by market sector | $ | 286,273 | | | $ | 288,168 | | | $ | 806,335 | | | $ | 737,293 | |
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