Operating Segments

3 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Segment Reporting Disclosure [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 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 between segments for selling, general and administrative expenses and depreciation expense.

Segment information for the three months ended December 31, 2021 and 2020 is as follows:

		Three Months Ended December 31, 2021
		Communications		Residential		Infrastructure Solutions		Commercial & Industrial		Corporate		Total
Revenues		$	127,389	$	241,776	$	42,096	$	69,248	$	—	$	480,509
Cost of services		106,891		199,138		34,375		60,378		—		400,782
Gross profit		20,498		42,638		7,721		8,870		—		79,727
Selling, general and administrative		11,384		30,995		6,059		7,268		3,696		59,402
Contingent consideration		—		69		—		—		—		69
Loss (gain) on sale of assets		(6)		8		—		(7)		—		(5)
Operating income (loss)		$	9,120	$	11,566	$	1,662	$	1,609	$	(3,696)	$	20,261
Other data:
	Depreciation and amortization expense	$	359	$	3,852	$	1,343	$	630	$	30	$	6,214
	Capital expenditures	$	594	$	1,184	$	10,316	$	245	$	—	$	12,339
	Total assets	$	161,419	$	338,824	$	145,722	$	94,157	$	45,106	$	785,228

		Three Months Ended December 31, 2020
		Communications		Residential		Infrastructure Solutions		Commercial & Industrial		Corporate		Total
Revenues		$	98,356	$	119,491	$	34,401	$	62,590	$	—	$	314,838
Cost of services		79,817		95,963		23,464		56,915		—		256,159
Gross profit		18,539		23,528		10,937		5,675		—		58,679
Selling, general and administrative		9,341		17,327		5,611		6,424		4,083		42,786
Loss (gain) on sale of assets		—		—		(1)		(9)		—		(10)
Operating income (loss)		$	9,198	$	6,201	$	5,327	$	(740)	$	(4,083)	$	15,903
Other data:
	Depreciation and amortization expense	$	347	$	1,504	$	1,441	$	694	$	34	$	4,020
	Capital expenditures	$	132	$	437	$	345	$	268	$	—	$	1,182
	Total assets	$	137,457	$	198,227	$	129,283	$	72,148	$	72,255	$	609,370