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Operating Segments
12 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]
11. 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 purposes 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 our four operating segments. Management allocates certain shared costs among segments for selling, general and administrative expenses and depreciation expense.

Segment information for the years ended September 30, 2023, 2022 and 2021 is as follows:

Year Ended September 30, 2023
CommunicationsResidentialInfrastructure SolutionsCommercial & IndustrialCorporateTotal
Revenues$600,776 $1,279,504 $217,353 $279,594 $— $2,377,227 
Cost of services494,964 1,026,524 162,905 248,295 — 1,932,688 
Gross profit105,812 252,980 54,448 31,299 — 444,539 
Selling, general and administrative54,344 169,737 26,260 25,225 23,059 298,625 
Contingent consideration— 277 — — — 277 
Loss (gain) on sale of assets12 69 (1,029)(13,198)(14,139)
Income (loss) from operations$51,456 $82,897 $29,217 $19,272 $(23,066)$159,776 
Other data:
Depreciation and amortization expense$2,215 $19,281 $5,198 $1,640 $1,073 $29,407 
Capital expenditures$2,203 $9,114 $2,767 $2,525 $1,058 $17,667 
Total assets$205,924 $386,829 $180,871 $87,677 $120,299 $981,600 
Year Ended September 30, 2022
CommunicationsResidentialInfrastructure SolutionsCommercial & IndustrialCorporateTotal
Revenues$559,777 $1,131,414 $167,113 $308,504 $— $2,166,808 
Cost of services490,959 928,161 138,444 290,314 — 1,847,878 
Gross profit68,818 203,253 28,669 18,190 — 318,930 
Selling, general and administrative46,717 144,100 25,129 30,557 16,211 262,714 
Contingent consideration— 277 — — — 277 
Loss (gain) on sale of assets12 20 (46)(55)— (69)
Income (loss) from operations$22,089 $58,856 $3,586 $(12,312)$(16,211)$56,008 
Other data:
Depreciation and amortization expense$1,550 $15,617 $5,575 $2,561 $165 $25,468 
Capital expenditures$2,004 $10,054 $14,729 $1,890 $578 $29,255 
Total assets$210,875 $394,757 $161,828 $114,529 $52,720 $934,709 

Year Ended September 30, 2021
CommunicationsResidentialInfrastructure SolutionsCommercial & IndustrialCorporateTotal
Revenues$445,968 $687,347 $146,980 $256,198 $— $1,536,493 
Cost of services361,197 553,546 106,048 227,704 — 1,248,495 
Gross profit84,771 133,801 40,932 28,494 — 287,998 
Selling, general and administrative41,373 92,761 23,966 28,172 15,979 202,251 
Contingent consideration— 211 — — — 211 
Loss (gain) on sale of assets(4)86 (10)(92)(27)(47)
Income (loss) from operations$43,402 $40,743 $16,976 $414 $(15,952)$85,583 
Other data:
Depreciation and amortization expense$1,394 $11,490 $6,170 $2,709 $151 $21,914 
Capital expenditures$963 $2,829 $2,067 $1,453 $89 $7,401 
Total assets$164,699 $329,691 $137,628 $87,577 $47,027 $766,622