Operating Segments

6 Months Ended

Mar. 31, 2023

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 organization 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.

Segment information for the three and six months ended March 31, 2023 and 2022 is as follows:

		Three Months Ended March 31, 2023
		Communications		Residential		Infrastructure Solutions		Commercial & Industrial		Corporate		Total
Revenues		$	141,120	$	306,112	$	52,616	$	69,033	$	—	$	568,881
Cost of services		115,957		251,281		38,421		62,296		—		467,955
Gross profit		25,163		54,831		14,195		6,737		—		100,926
Selling, general and administrative		13,386		37,999		5,990		6,400		5,574		69,349
Contingent consideration		—		69		—		—		—		69
Gain on sale of assets		(3)		—		—		(99)		—		(102)
Operating income (loss)		$	11,780	$	16,763	$	8,205	$	436	$	(5,574)	$	31,610
Other data:
	Depreciation and amortization expense	$	502	$	4,557	$	1,326	$	412	$	67	$	6,864
	Capital expenditures	$	480	$	2,379	$	560	$	546	$	—	$	3,965
	Total assets	$	188,937	$	389,946	$	173,621	$	87,721	$	48,863	$	889,088

		Three Months Ended March 31, 2022
		Communications		Residential		Infrastructure Solutions		Commercial & Industrial		Corporate		Total
Revenues		$	130,639	$	260,406	$	41,733	$	68,815	$	—	$	501,593
Cost of services		119,518		214,862		34,672		74,034		—		443,086
Gross profit (loss)		11,121		45,544		7,061		(5,219)		—		58,507
Selling, general and administrative		10,978		33,576		6,391		8,448		4,037		63,430
Contingent consideration		—		69		—		—		—		69
Gain on sale of assets		(7)		—		(28)		(33)		—		(68)
Operating income (loss)		$	150	$	11,899	$	698	$	(13,634)	$	(4,037)	$	(4,924)
Other data:
	Depreciation and amortization expense	$	362	$	3,721	$	1,385	$	647	$	41	$	6,156
	Capital expenditures	$	750	$	6,707	$	823	$	840	$	168	$	9,288
	Total assets	$	171,929	$	363,921	$	150,276	$	99,262	$	45,851	$	831,239