Operating Segments

9 Months Ended

Jun. 30, 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 nine months ended June 30, 2023 and 2022 is as follows:

		Three Months Ended June 30, 2023
		Communications		Residential		Infrastructure Solutions		Commercial & Industrial		Corporate		Total
Revenues		$	141,615	$	318,011	$	57,057	$	67,768	$	—	$	584,451
Cost of services		114,440		260,679		42,851		58,872		—		476,842
Gross profit		27,175		57,332		14,206		8,896		—		107,609
Selling, general and administrative		13,680		41,939		7,066		6,284		5,331		74,300
Contingent consideration		—		70		—		—		—		70
Gain on sale of assets		(1)		(56)		(1,010)		(13)		—		(1,080)
Operating income (loss)		$	13,496	$	15,379	$	8,150	$	2,625	$	(5,331)	$	34,319
Other data:
	Depreciation and amortization expense	$	498	$	4,609	$	1,300	$	402	$	69	$	6,878
	Capital expenditures	$	261	$	2,461	$	918	$	800	$	169	$	4,609
	Total assets	$	182,117	$	381,840	$	179,363	$	84,101	$	72,307	$	899,728

		Three Months Ended June 30, 2022
		Communications		Residential		Infrastructure Solutions		Commercial & Industrial		Corporate		Total
Revenues		$	144,748	$	301,763	$	39,837	$	80,953	$	—	$	567,301
Cost of services		128,952		248,928		33,726		72,895		—		484,501
Gross profit		15,796		52,835		6,111		8,058		—		82,800
Selling, general and administrative		11,544		37,237		6,484		7,788		4,037		67,090
Contingent consideration		—		70		—		—		—		70
Loss (gain) on sale of assets		(1)		6		—		(2)		—		3
Operating income (loss)		$	4,253	$	15,522	$	(373)	$	272	$	(4,037)	$	15,637
Other data:
	Depreciation and amortization expense	$	394	$	3,863	$	1,427	$	645	$	43	$	6,372
	Capital expenditures	$	424	$	1,115	$	3,071	$	372	$	—	$	4,982
	Total assets	$	196,520	$	376,328	$	152,405	$	111,782	$	47,357	$	884,392