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SEGMENT REPORTING (Tables)
3 Months Ended
Apr. 30, 2018
SEGMENT REPORTING  
Schedule of operating results and certain financial position data of the Company's reportable business segments

 

Three Months Ended
April 30, 2018

 

Power
Services

 

Industrial
Services

 

Telecom
Services

 

Other

 

Totals

 

Revenues

 

$

122,487

 

$

16,449

 

$

2,430

 

$

 

$

141,366

 

Cost of revenues

 

108,296

 

15,649

 

1,969

 

 

125,914

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross profit

 

14,191

 

800

 

461

 

 

15,452

 

Selling, general and administrative expenses

 

5,232

 

1,835

 

462

 

2,108

 

9,637

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from operations

 

8,959

 

(1,035

)

(1

)

(2,108

)

5,815

 

Other income, net

 

675

 

 

 

89

 

764

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) before income taxes

 

$

9,634

 

$

(1,035

)

$

(1

)

$

(2,019

)

6,579

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income tax expense

 

 

 

 

 

 

 

 

 

1,737

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

 

 

 

 

 

 

 

 

$

4,842

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of purchased intangible assets

 

$

87

 

$

166

 

$

 

$

 

$

253

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation

 

176

 

513

 

79

 

3

 

771

 

 

 

 

 

 

 

 

 

 

 

 

 

Property, plant and equipment additions

 

826

 

2,564

 

300

 

1

 

3,691

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current assets

 

$

365,569

 

$

23,598

 

$

3,380

 

$

73,085

 

$

465,632

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current liabilities

 

147,694

 

15,989

 

1,115

 

515

 

165,313

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

20,548

 

13,781

 

 

 

34,329

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets

 

393,932

 

53,698

 

4,862

 

73,386

 

525,878

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended
April 30, 2017

 

Power
Services

 

Industrial
Services

 

Telecom
Services

 

Other

 

Totals

 

Revenues

 

$

210,789

 

$

16,571

 

$

3,129

 

$

 

$

230,489

 

Cost of revenues

 

173,248

 

14,741

 

2,404

 

 

190,393

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross profit

 

37,541

 

1,830

 

725

 

 

40,096

 

Selling, general and administrative expenses

 

5,205

 

1,645

 

313

 

2,326

 

9,489

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from operations

 

32,336

 

185

 

412

 

(2,326

)

30,607

 

Other income, net

 

1,169

 

 

 

49

 

1,218

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) before income taxes

 

$

33,505

 

$

185

 

$

412

 

$

(2,277

)

31,825

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income tax expense

 

 

 

 

 

 

 

 

 

11,076

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

 

 

 

 

 

 

 

 

$

20,749

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of purchased intangible assets

 

$

87

 

$

96

 

$

 

$

 

$

183

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation

 

170

 

335

 

64

 

3

 

572

 

 

 

 

 

 

 

 

 

 

 

 

 

Property, plant and equipment additions

 

12

 

1,694

 

155

 

2

 

1,863

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

$

20,548

 

$

14,365

 

$

 

$

 

$

34,913

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets (1)

 

506,952

 

49,420

 

4,700

 

100,285

 

661,357

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)

The amount of total assets for each segment has been recast to conform to the presentation as of April 30, 2018.