v3.26.1
Acquisitions (Tables)
6 Months Ended
Aug. 01, 2026
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 aggregate consideration paid and the estimated fair value of assets acquired and liabilities assumed for each acquisition described above as of their respective acquisition dates (dollars in millions):

Fiscal 2027Fiscal 2026
Assets
Cash and equivalents$1.0 $16.3 
Accounts receivable80.8 324.2 
Contract assets2.1 18.9 
Other current assets1.5 1.8 
Property and equipment5.8 8.4 
Goodwill141.9 1,124.4 
Intangible assets128.2 775.0 
Other assets23.0 16.9 
Total assets384.3 2,285.9 
Liabilities
Accounts payable15.0 56.4 
Current portion of debt9.5 — 
Contract liabilities56.3 116.2 
Other accrued liabilities7.6 90.0 
Other liabilities24.5 14.6 
Total liabilities112.9 277.2 
Net Assets Acquired$271.4 $2,008.7 
Business Combination, Intangible Asset, Acquired, Finite-Lived
The Company recorded intangible assets based on its estimate of fair value which consisted of the following (dollars in millions):
Estimated Useful Life (in years)Intangible Assets Acquired in fiscal 2027Intangible Assets Acquired in fiscal 2026
Customer relationships15.0$88.8 $580.0 
Backlog intangibles1.539.4 155.0 
Trade names15.0— 40.0 
Total intangible assets acquired$128.2 $775.0 
Business Combination, Pro Forma Information The following unaudited supplemental pro forma results of operations for the Company, which incorporate the acquisition completed in fiscal 2026, have been provided for illustrative purposes only and may not be indicative of the actual results that would have been achieved by the combined companies for the periods presented or that may be achieved by the combined companies in the future (dollars in thousands).
For the Three Months EndedFor the Six Months Ended
August 1, 2026July 26, 2025August 1, 2026July 26, 2025
Contract revenues$2,005,907 $1,644,536 $3,970,689 $3,121,070 
Net income115,637 87,554 206,926 124,209