| Schedule of revenue by category |
The following tables present the Company’s revenue disaggregated by segment, contract type, customer category and geographic location (in thousands): | | | | | | | | | | Three Months Ended | | | | August 2, | | July 27, | | Revenue by segment | | 2025 | | 2024 | | AxS | | $ | 285,324 | | $ | 189,483 | | SCDE | | | 169,352 | | | — | | Total revenue | | $ | 454,676 | | $ | 189,483 | |
| | | | | | | | | | Three Months Ended | | | | August 2, | | July 27, | | Revenue by contract type | | 2025 | | 2024 | | FFP | | $ | 298,977 | | $ | 171,869 | | Cost Plus | | | 118,928 | | | 16,231 | | T&M | | | 36,771 | | | 1,383 | | Total revenue | | $ | 454,676 | | $ | 189,483 | |
| | | | | | | | | | Three Months Ended | | | | August 2, | | July 27, | | Revenue by customer category | | 2025 | | 2024 | | U.S. government | | $ | 395,337 | | $ | 148,600 | | Non-U.S. government | | | 59,339 | | | 40,883 | | Total revenue | | $ | 454,676 | | $ | 189,483 | | | | | | | | | | | | Three Months Ended | | | | August 2, | | July 27, | | Revenue by geographic location | | 2025 | | 2024 | | Domestic | | $ | 347,139 | | $ | 66,998 | | International | | | 107,537 | | | 122,485 | | Total revenue | | $ | 454,676 | | $ | 189,483 | |
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| Schedule of reconciliation of basic to diluted shares |
The reconciliation of basic to diluted shares is as follows (in thousands except share data): | | | | | | | | | | | Three Months Ended | | | | August 2, 2025 | | July 27, 2024 | | Net (loss) income | | $ | (67,370) | | $ | 21,166 | | Denominator for basic (loss) earnings per share: | | | | | | | | Weighted average common shares | | | 46,882,350 | | | 27,959,692 | | Dilutive effect of employee stock options, restricted stock and restricted stock units | | | — | | | 322,135 | | Denominator for diluted (loss) earnings per share | | | 46,882,350 | | | 28,281,827 | |
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