v3.26.1
Operating Segments
9 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting [Text Block]
6. OPERATING SEGMENTS

We manage and measure performance of our business in four distinct operating segments: Communications, Residential, Infrastructure Solutions, and Commercial & Industrial. These segments are reflective of how the Company's chief operating decision maker (“CODM”) reviews operating results for the purpose of allocating resources and assessing performance. The CODM primarily uses “Operating income (loss)” for each operating segment to assess performance and decide how to allocate resources. Investment gains and losses and certain other corporate income and expense items are not considered in assessing the financial performance of operating businesses. In evaluating performance of the operating businesses, the CODM may compare actual income from operations for a segment to its forecast or prior year results. The Company’s CODM is its Chief Executive Officer.
Transactions between segments, if any, are eliminated in consolidation. Our corporate office provides general and administrative services, as well as support services, to each of our four operating segments. Management allocates certain shared costs among segments for selling, general and administrative expenses and depreciation expense.
Nine Months Ended June 30, 2026
CommunicationsResidentialInfrastructure SolutionsCommercial & IndustrialCorporateTotal
Revenues$1,172,697 $895,758 $556,746 $462,738 $— $3,087,939 
Cost of services873,752 698,937 366,966 332,820 — 2,272,475 
Gross profit298,945 196,821 189,780 129,918 — 815,464 
Selling, general and administrative96,255 165,357 58,571 44,655 61,586 426,424 
Contingent consideration— — 387 — — 387 
(Gain) loss on sale of assets480 (112)(108)(142)— 118 
Operating income (loss)$202,210 $31,576 $130,930 $85,405 $(61,586)$388,535 
Other data:
Depreciation and amortization expense$6,629 $17,824 $17,291 $2,950 $1,021 $45,715 
Capital expenditures$53,787 $4,566 $36,472 $9,381 $18,836 $123,042 
Total assets$535,459 $359,375 $613,833 $262,673 $504,376 $2,275,716 
Nine Months Ended June 30, 2025
CommunicationsResidentialInfrastructure SolutionsCommercial & IndustrialCorporateTotal
Revenues$805,189 $983,975 $355,233 $329,268 $— $2,473,665 
Cost of services620,211 727,863 234,801 264,297 — 1,847,172 
Gross profit184,978 256,112 120,432 64,971 — 626,493 
Selling, general and administrative69,095 176,395 36,869 29,143 34,915 346,417 
Contingent consideration— — 1,016 — — 1,016 
(Gain) loss on sale of assets(73)(159)105 (29)— (156)
Operating income (loss)$115,956 $79,876 $82,442 $35,857 $(34,915)$279,216 
Other data:
Depreciation and amortization expense$3,861 $17,261 $10,953 $1,937 $687 $34,699 
Capital expenditures$17,422 $9,108 $9,340 $7,840 $3,560 $47,270 
Total assets$371,190 $371,752 $344,026 $104,406 $278,348 $1,469,722