v3.25.4
Business Acquisitions (Tables)
 3 Months Ended
Dec. 31, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Business Combination, Recognized Asset Acquired and Liability Assumed
The following table summarizes the consideration for the aforementioned acquisitions and the provisional amounts of identified assets acquired and liabilities assumed as of December 31, 2025 (unaudited, in thousands):
VMCP&STotal
Cash and cash equivalents$— $107 $107 
Contracts receivable including retainage— 15,242 15,242 
Cost and estimated earnings in excess of billings on uncompleted contracts88 797 885 
Inventories10,801 751 11,552 
Prepaid expenses and other current assets— 37 37 
Property, plant and equipment 59,647 45,773 105,420 
Operating lease right-of-use assets1,300 — 1,300 
Intangible assets 1,000 300 1,300 
Total assets72,836 63,007 135,843 
Accounts payable— 6,267 6,267 
Billings in excess of costs and estimated earnings on uncompleted contracts1,397 8,812 10,209 
Accrued expenses and other current liabilities325 175 500 
Operating lease liabilities1,300 — 1,300 
Total liabilities3,022 15,254 18,276 
Goodwill36,980 97,080 134,060 
— 
Total cash consideration transferred108,385 88,187 196,572 
Fair value of Class A common stock transferred— 51,459 51,459 
Total consideration (receivable) payable(1,591)5,187 3,596 
Total purchase price$106,794 $144,833 $251,627 
Schedule of Pro Forma Revenues and Net Income
The following table presents pro forma revenue and net income as though the aforementioned acquisitions had occurred on October 1, 2024 (unaudited, in thousands):

For the Three Months Ended December 31,
20252024
Pro forma revenue$819,040 $784,113 
Pro forma net income$27,210 $30,584