Operating Segments

12 Months Ended

Sep. 30, 2013

Operating Segments [Abstract]

OPERATING SEGMENTS

11. OPERATING SEGMENTS

We manage and measure performance of our business in four distinct operating segments: Communications, Residential,Commercial & Industrial, and Infrastructure Solutions.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. The Communications segment consists of low voltage installation, design, planning and maintenance for mission critical infrastructure such as data centers. The Residential segment consists of electrical installation, replacement and renovation services in single-family, condominium, townhouse and low-rise multifamily housing units. The Commercial & Industrial segment provides electrical design, installation, renovation, engineering and maintenance and replacement services in facilities such as office buildings, high-rise apartments and condominiums, theaters, restaurants, hotels, hospitals and critical-care facilities, school districts, light manufacturing and processing facilities, military installations, airports, outside plants, network enterprises, switch network customers, manufacturing and distribution centers, water treatment facilities, refineries, petrochemical and power plants, and alternative energy facilities. The Infrastructure Solutions segment is comprised of the operations of the recently acquired MISCOR business, and engages in the repair of electrical-mechanical industrial equipment, and provides services to traditional industrial, rail and utility clients.

The accounting policies of the segments are the same as those described in the summary of significant accounting policies. We evaluate performance based on income from operations of the respective business units prior to the allocation of Corporate office expenses. Transactions between segments are eliminated in consolidation. Our Corporate office provides general and administrative as well as support services to our four operating segments. Management allocates costs between segments for selling, general and administrative expenses and depreciation expense.

Segment information for the years ended September 30, 2013, 2012 and 2011 is as follows:

		Years Ended September 30, 2013
							Commercial &		Infrastructure
			Communications		Residential		Industrial		Solutions		Corporate		Total
Revenues			$	126,348	$	162,611	$	203,481	$	2,153	$	-	$	494,593
Cost of services				102,564		135,384		187,957		1,728		-		427,633
Gross profit				23,784		27,227		15,524		425		-		66,960
Selling, general and administrative				13,610		25,447		14,362		337		12,842		66,598
Gain on sale of assets				-		(17)		(46)		-		(1)		(64)
Income (loss) from operations			$	10,174	$	1,797	$	1,208	$	88	$	(12,841)	$	426
Other data:
	Depreciation and amortization expense		$	372	$	807	$	247	$	38	$	1,088	$	2,552
	Capital expenditures			269		209		270		5		-		753
	Total assets		$	24,858	$	36,838	$	55,342	$	27,889	$	34,325	$	179,252

		Years Ended September 30, 2012
							Commercial &		Infrastructure
			Communications		Residential		Industrial		Solutions		Corporate		Total
Revenues			$	121,492	$	129,974	$	204,649	$	-	$	-	$	456,115
Cost of services				103,288		109,274		185,501		-		-		398,063
Gross profit				18,204		20,700		19,148		-		-		58,052
Selling, general and administrative				13,431		19,703		17,166		-		8,309		58,609
Loss (gain) on sale of assets				(60)		24		(132)		-		-		(168)
Income (loss) from operations			$	4,833	$	973	$	2,114	$	-	$	(8,309)	$	(389)
Other data:
	Depreciation and amortization expense		$	260	$	375	$	244	$	-	$	1,196	$	2,075
	Capital expenditures			569		666		341		-		301		1,877
	Total assets		$	29,603	$	33,927	$	65,929	$	-	$	35,254	$	164,713

		Years Ended September 30, 2011
							Commercial &		Infrastructure
			Communications		Residential		Industrial		Solutions		Corporate		Total
Revenues			$	83,615	$	114,732	$	207,794	$	-	$	-	$	406,141
Cost of services				71,142		96,042		194,573		-		-		361,757
Gross profit				12,473		18,690		13,221		-		-		44,384
Selling, general and administrative				9,578		18,441		21,788		-		13,514		63,321
Loss (gain) on sale of assets				-		116		(33)		-		(6,638)		(6,555)
Asset Impairment				72		-		71		-		4,661		4,804
Income (loss) from operations			$	2,823	$	133	$	(8,605)	$	-	$	(11,537)	$	(17,186)
Other data:
	Depreciation and amortization expense		$	278	$	514	$	1,575	$	-	$	3,849	$	6,216
	Capital expenditures			928		181		431		-		1,148		2,688
	Total assets		$	23,073	$	23,584	$	79,506	$	-	$	54,081	$	180,244