SEGMENT REPORTING (Tables)

6 Months Ended

Jul. 31, 2025

SEGMENT REPORTING

Schedule of operating results and financial position data of the Company's reportable segments


Three Months Ended		Power			Industrial			Telecom
July 31, 2025		Services			Services			Services			Other			Totals
Revenues		$	196,948		$	36,065		$	4,730		$	—		$	237,743
Cost of revenues			158,370			31,542			3,564			—			193,476
Gross profit			38,578			4,523			1,166			—			44,267
Selling, general and administrative expenses			7,744			1,838			913			3,717			14,212
Income (loss) from operations			30,834			2,685			253			(3,717)			30,055
Other income, net			4,422			1			11			1,147			5,581
Income (loss) before income taxes		$	35,256		$	2,686		$	264		$	(2,570)			35,636
Income tax expense															361
Net income														$	35,275

Amortization of intangibles		$	—		$	98		$	—		$	—		$	98
Depreciation			223			163			96			9			491
Property, plant and equipment additions			914			753			18			9			1,694

Current assets		$	656,368		$	52,060		$	4,769		$	115,587		$	828,784
Current liabilities			451,599			26,758			3,964			2,001			484,322
Goodwill			18,476			9,467			90			—			28,033
Total assets			690,653			68,338			7,353			116,360			882,704


Three Months Ended		Power			Industrial			Telecom
July 31, 2024		Services			Services			Services			Other			Totals
Revenues		$	173,760		$	49,642		$	3,613		$	—		$	227,015
Cost of revenues			150,233			43,200			2,477			—			195,910
Gross profit			23,527			6,442			1,136			—			31,105
Selling, general and administrative expenses			7,192			1,965			669			2,602			12,428
Income (loss) from operations			16,335			4,477			467			(2,602)			18,677
Other income, net			4,707			—			3			894			5,604
Income (loss) before income taxes		$	21,042		$	4,477		$	470		$	(1,708)			24,281
Income tax expense															6,083
Net income														$	18,198

Amortization of intangibles		$	—		$	98		$	—		$	—		$	98
Depreciation			148			210			104			1			463
Property, plant and equipment additions			1,947			241			161			—			2,349

Current assets		$	476,912		$	55,175		$	4,405		$	138,462		$	674,954
Current liabilities			384,477			27,817			1,331			1,502			415,127
Goodwill			18,476			9,467			90			—			28,033
Total assets			506,365			71,787			7,041			141,381			726,574


Six Months Ended		Power			Industrial			Telecom
July 31, 2025		Services			Services			Services			Other			Totals
Revenues		$	357,304		$	65,249		$	8,850		$	—		$	431,403
Cost of revenues			285,756			57,575			6,942			—			350,273
Gross profit			71,548			7,674			1,908			—			81,130
Selling, general and administrative expenses			14,530			3,450			1,831			6,922			26,733
Income (loss) from operations			57,018			4,224			77			(6,922)			54,397
Other income, net			8,794			1			43			2,187			11,025
Income (loss) before income taxes		$	65,812		$	4,225		$	120		$	(4,735)			65,422
Income tax expense															7,597
Net income														$	57,825

Amortization of intangibles		$	—		$	196		$	—		$	—		$	196
Depreciation			383			323			188			12			906
Property, plant and equipment additions			1,129			765			106			89			2,089


Six Months Ended		Power			Industrial			Telecom
July 31, 2024		Services			Services			Services			Other			Totals
Revenues		$	284,026		$	93,341		$	7,330		$	—		$	384,697
Cost of revenues			249,225			81,079			5,344			—			335,648
Gross profit			34,801			12,262			1,986			—			49,049
Selling, general and administrative expenses			13,320			3,838			1,279			5,416			23,853
Income (loss) from operations			21,481			8,424			707			(5,416)			25,196
Other income, net			8,768			1			3			1,626			10,398
Income (loss) before income taxes		$	30,249		$	8,425		$	710		$	(3,790)			35,594
Income tax expense															9,514
Net income														$	26,080

Amortization of intangibles		$	—		$	195		$	—		$	—		$	195
Depreciation			285			455			201			2			943
Property, plant and equipment additions			2,219			273			179			—			2,671