v3.26.1
Reportable Segments (Tables)
 9 Months Ended
Jun. 28, 2026
Segment Reporting [Abstract]  
Summary of financial information of reportable segments The tables below present financial information of our reportable segments (in thousands):
Three Months EndedThree Months Ended
June 28, 2026June 29, 2025
GSGCIGTotalGSGCIGTotal
Revenue from external customers$590,567 $717,988 $1,308,555 $703,108 $666,708 $1,369,816 
Inter-segment revenue7,835 10,288 18,123 6,303 9,780 16,083 
Segment revenue598,402 728,276 1,326,678 709,411 676,488 1,385,899 
Elimination of inter-segment revenue(18,123)(16,083)
Total consolidated revenue1,308,555 1,369,816 
Subcontractor costs - external(113,777)(86,219)(199,996)(126,971)(89,829)(216,800)
Subcontractor costs - inter-segment(10,288)(7,835)(18,123)(9,780)(6,303)(16,083)
Segment subcontractor costs(124,065)(94,054)(218,119)(136,751)(96,132)(232,883)
Elimination of inter-segment subcontractor costs18,123 16,083 
Total consolidated subcontractor costs(199,996)(216,800)
Other segment items (1)
(391,500)(538,677)(930,177)(472,942)(493,244)(966,186)
Segment operating income82,837 95,545 178,382 99,718 87,112 186,830 
Reconciliation of profit (segment operating income):
Contingent consideration - fair value adjustments(77)58 
Interest expense, net(7,158)(8,288)
Other corporate expenses (2)
(20,380)(21,902)
Income before income tax expense$150,767 $156,698 
(1) These amounts include $0.8 million and $0.8 million of GSG depreciation expense for the third quarters of fiscal 2026 and 2025, respectively, and $4.8 million and $4.5 million of CIG depreciation expense for the third quarters of fiscal 2026 and 2025, respectively. Our GSG and CIG other segment items include immaterial amounts of net equity income of investees accounted for by the equity method for the third quarters of fiscal 2026 and 2025.
(2) Other corporate expenses include the amortization expense of intangible assets of $9.0 million and $8.3 million for the third quarters of fiscal 2026 and 2025, respectively. These amounts also include $5.9 million and $5.0 million of stock-based compensation expense for the third quarters of fiscal 2026 and 2025, respectively.
Nine Months EndedNine Months Ended
June 28, 2026June 29, 2025
GSGCIGTotalGSGCIGTotal
Revenue from external customers$1,655,408 $2,083,966 $3,739,374 $2,180,734 $1,931,756 $4,112,490 
Inter-segment revenue27,852 24,610 52,462 18,902 27,320 46,222 
Segment revenue1,683,260 2,108,576 3,791,836 2,199,636 1,959,076 4,158,712 
Elimination of inter-segment revenue(52,462)(46,222)
Total consolidated revenue3,739,374 4,112,490 
Subcontractor costs - external(293,748)(250,259)(544,007)(387,977)(270,462)(658,439)
Subcontractor costs - inter-segment(24,610)(27,852)(52,462)(27,320)(18,902)(46,222)
Segment subcontractor costs(318,358)(278,111)(596,469)(415,297)(289,364)(704,661)
Elimination of inter-segment subcontractor costs52,462 46,222 
Total consolidated subcontractor costs(544,007)(658,439)
Other segment items (1)
(1,135,795)(1,583,948)(2,719,743)(1,512,925)(1,444,463)(2,957,388)
Segment operating income229,107 246,517 475,624 271,414 225,249 496,663 
Reconciliation of profit (segment operating income):
Other non-operating income12,361 — 
Legal contingency costs— (115,000)
Impairment of goodwill— (92,416)
Contingent consideration - fair value adjustments7,429 2,355 
Interest expense, net(23,124)(23,996)
Other corporate expenses (2)
(52,611)(64,488)
Income before income tax expense$419,679 $203,118 
(1) For the first nine months of fiscal 2026 and 2025 these amounts include $2.4 million and $2.6 million of GSG depreciation expense, respectively, and $14.2 million and $13.3 million of CIG depreciation expense for the first nine months of fiscal 2026 and 2025, respectively. Our GSG and CIG other segment items include immaterial amounts of net equity income of investees accounted for by the equity method for the first nine months of fiscal 2026 and 2025.
(2) For the first nine months of fiscal 2026 and 2025 other corporate expenses include the amortization expense of intangible assets of $26.2 million and $27.6 million, respectively. These amounts also include $16.7 million and $14.9 million of stock-based compensation expense for the first nine months of fiscal 2026 and 2025, respectively.