| Segment Reporting Information, by Segment |
Segment information for the three and six months ended July 4, 2025 and June 28, 2024 follows: Revenues
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Three Months Ended |
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Six Months Ended |
|
(In thousands) |
|
July 4,
2025 |
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June 28,
2024 |
|
|
July 4,
2025 |
|
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June 28,
2024 |
|
Engineering and other scientific |
|
$ |
120,980 |
|
|
$ |
118,477 |
|
|
$ |
243,115 |
|
|
$ |
239,948 |
|
Environmental and health |
|
|
20,982 |
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|
|
22,059 |
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|
|
44,354 |
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|
|
45,521 |
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Total revenues |
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$ |
141,962 |
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|
$ |
140,536 |
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|
$ |
287,469 |
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|
$ |
285,469 |
|
Compensation and related expenses
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Three Months Ended |
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Six Months Ended |
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(In thousands) |
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July 4,
2025 |
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June 28,
2024 |
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July 4,
2025 |
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June 28,
2024 |
|
Engineering and other scientific |
|
$ |
56,914 |
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|
$ |
56,802 |
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|
$ |
114,162 |
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|
$ |
114,537 |
|
Environmental and health |
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|
11,740 |
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|
12,041 |
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|
24,188 |
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|
|
24,357 |
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Total segment compensation and related expenses |
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|
68,654 |
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|
68,843 |
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|
|
138,350 |
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|
|
138,894 |
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Corporate compensation and related expenses |
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|
28,820 |
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|
|
10,623 |
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|
|
35,027 |
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|
|
30,899 |
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Total compensation and related expenses |
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$ |
97,474 |
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$ |
79,466 |
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$ |
173,377 |
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$ |
169,793 |
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Operating Income
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Three Months Ended |
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Six Months Ended |
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(In thousands) |
|
July 4,
2025 |
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June 28,
2024 |
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July 4,
2025 |
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June 28,
2024 |
|
Engineering and other scientific |
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$ |
42,942 |
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|
$ |
43,765 |
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|
$ |
88,055 |
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|
$ |
92,396 |
|
Environmental and health |
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|
7,020 |
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|
|
7,259 |
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|
|
15,718 |
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|
|
15,495 |
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Total segment operating income |
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|
49,962 |
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|
51,024 |
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|
103,773 |
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|
107,891 |
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Corporate operating expense |
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|
(32,785 |
) |
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(15,280 |
) |
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|
(42,164 |
) |
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(41,434 |
) |
Total operating income |
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$ |
17,177 |
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$ |
35,744 |
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$ |
61,609 |
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$ |
66,457 |
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Certain operating expenses are excluded from the Company’s measure of segment operating income. These expenses include costs associated with its human resources, legal, finance, information technology, and business development groups; the deferred compensation expense/benefit due to the change in value of assets associated with its deferred compensation plan; stock-based compensation associated with restricted stock unit and stock option awards; and the change in its allowance for contract losses and doubtful accounts. Capital Expenditures
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Three Months Ended |
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Six Months Ended |
|
(In thousands) |
|
July 4,
2025 |
|
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June 28,
2024 |
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|
July 4,
2025 |
|
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June 28,
2024 |
|
Engineering and other scientific |
|
$ |
306 |
|
|
$ |
465 |
|
|
$ |
781 |
|
|
$ |
882 |
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Environmental and health |
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|
39 |
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|
45 |
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|
|
101 |
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|
74 |
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Total segment capital expenditures |
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|
345 |
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|
510 |
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|
882 |
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|
|
956 |
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Corporate capital expenditures |
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|
2,045 |
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|
|
497 |
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|
|
2,760 |
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|
|
1,560 |
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Total capital expenditures |
|
$ |
2,390 |
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|
$ |
1,007 |
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$ |
3,642 |
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$ |
2,516 |
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Certain capital expenditures associated with the Company’s corporate cost centers and the related depreciation are excluded from the Company’s segment information. Depreciation and Amortization
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Three Months Ended |
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Six Months Ended |
|
(In thousands) |
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July 4,
2025 |
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June 28,
2024 |
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July 4,
2025 |
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June 28,
2024 |
|
Engineering and other scientific |
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$ |
1,836 |
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|
$ |
1,765 |
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|
$ |
3,662 |
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|
$ |
3,393 |
|
Environmental and health |
|
|
49 |
|
|
|
54 |
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|
|
96 |
|
|
|
103 |
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Total segment depreciation and
amortization |
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|
1,885 |
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|
|
1,819 |
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|
|
3,758 |
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|
|
3,496 |
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Corporate depreciation and amortization |
|
|
635 |
|
|
|
667 |
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|
|
1,254 |
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|
|
1,314 |
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Total depreciation and amortization |
|
$ |
2,520 |
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|
$ |
2,486 |
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|
$ |
5,012 |
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|
$ |
4,810 |
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