v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Sep. 30, 2025
Current assets:    
Cash and cash equivalents $ 104,093 $ 156,062
Restricted cash 97 2,953
Contracts receivable including retainage, net 437,963 549,884
Costs and estimated earnings in excess of billings on uncompleted contracts 56,900 45,340
Inventories 170,019 155,133
Prepaid expenses and other current assets 40,045 25,459
Total current assets 809,117 934,831
Property, plant and equipment, net 1,253,035 1,153,070
Operating lease right-of-use assets 94,313 76,355
Goodwill 1,077,372 943,309
Intangible assets, net 78,438 79,230
Investment in joint venture 0 72
Restricted investments 21,108 23,176
Other assets 25,204 28,813
Total assets 3,358,587 3,238,856
Current liabilities:    
Accounts payable 221,202 284,218
Billings in excess of costs and estimated earnings on uncompleted contracts 146,435 129,300
Current portion of operating lease liabilities 24,909 19,867
Current maturities of long-term debt 38,500 38,500
Accrued expenses and other current liabilities 77,185 110,163
Total current liabilities 508,231 582,048
Long-term liabilities:    
Long-term debt, net of current maturities and deferred debt issuance costs 1,704,656 1,573,614
Operating lease liabilities, net of current portion 70,215 57,201
Deferred income taxes, net 78,934 80,079
Other long-term liabilities 27,404 33,951
Total long-term liabilities 1,881,209 1,744,845
Total liabilities 2,389,440 2,326,893
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, par value $0.001; 10,000,000 shares authorized and no shares issued and outstanding at December 31, 2025 and September 30, 2025 0 0
Additional paid-in capital 604,755 541,179
Accumulated other comprehensive income, net 3,195 4,369
Retained earnings 434,196 416,991
Total stockholders’ equity 969,147 911,963
Total liabilities and stockholders’ equity 3,358,587 3,238,856
Common Class A    
Stockholders’ equity:    
Common stock, value 48 47
Treasury stock, value (56,226) (34,589)
Common Class B    
Stockholders’ equity:    
Common stock, value 12 12
Treasury stock, value $ (16,833) $ (16,046)