v3.25.2
Revenue Recognition (Tables)
 9 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
Table 4.1: Revenue by Service Type
For the Three Months EndedFor the Nine Months Ended
June 30, 2025June 30, 2024June 30, 2025June 30, 2024
(dollars in thousands)
Program Operations$626,981 46.5 %$604,614 46.0 %$2,045,720 49.7 %$1,957,034 49.0 %
Clinical Services560,360 41.6 %506,077 38.5 %1,535,849 37.3 %1,401,069 35.1 %
Employment & Other81,906 6.1 %112,044 8.5 %274,513 6.7 %346,404 8.7 %
Technology Solutions79,153 5.9 %92,194 7.0 %256,779 6.2 %285,820 7.2 %
Total revenue$1,348,400 $1,314,929 $4,112,861 $3,990,327 
Table 4.2: Revenue by Contract Type
For the Three Months EndedFor the Nine Months Ended
June 30, 2025June 30, 2024June 30, 2025June 30, 2024
(in thousands)
Performance-based$761,428 56.5 %$758,942 57.7 %$2,193,605 53.3 %$2,202,541 55.2 %
Cost-plus301,385 22.4 %281,823 21.4 %1,020,311 24.8 %958,336 24.0 %
Fixed price180,390 13.4 %170,787 13.0 %540,078 13.1 %514,280 12.9 %
Time and materials105,197 7.8 %103,377 7.9 %358,867 8.7 %315,170 7.9 %
Total revenue$1,348,400 $1,314,929 $4,112,861 $3,990,327 
Table 4.3: Revenue by Customer Type
For the Three Months EndedFor the Nine Months Ended
June 30, 2025June 30, 2024June 30, 2025June 30, 2024
(dollars in thousands)
New York state government agencies$148,408 11.0 %$159,927 12.2 %$466,053 11.3 %$487,413 12.2 %
Other U.S. state government agencies291,312 21.6 %310,374 23.6 %869,561 21.1 %952,978 23.9 %
Total U.S. state government agencies439,720 470,301 1,335,614 1,440,391 
U.S. federal government agencies743,058 55.1 %666,895 50.7 %2,267,078 55.1 %2,015,780 50.5 %
International government agencies146,018 10.8 %156,587 11.9 %451,608 11.0 %468,995 11.8 %
Other, including local municipalities and commercial customers19,604 1.5 %21,146 1.6 %58,561 1.4 %65,161 1.6 %
Total revenue$1,348,400 $1,314,929 $4,112,861 $3,990,327 
Table 4.4: Effect of Changes in Contract Estimates
For the Three Months EndedFor the Nine Months Ended
June 30, 2025June 30, 2024June 30, 2025June 30, 2024
(in thousands, except per share data)
Increase in/(reduction of) revenue recognized due to changes in contract estimates$607 $(3,576)$11,181 $(12,772)
Increase in/(reduction of) diluted earnings per share recognized due to changes in contract estimates$0.01 $(0.04)$0.14 $(0.16)