XML 88 R16.htm IDEA: XBRL DOCUMENT v2.4.0.8
Operating Segments
12 Months Ended
Sep. 30, 2014
Operating Segments [Abstract]  
OPERATING SEGMENTS

10. 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 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, 2014, 2013 and 2012 is as follows:

Years Ended September 30, 2014
Commercial &Infrastructure
CommunicationsResidentialIndustrialSolutionsCorporateTotal
Revenues$ 116,073 $ 182,514 $ 166,249 $ 47,559 $ - $ 512,395
Cost of services 94,904 148,685 148,081 37,599 - 429,269
Gross profit 21,169 33,829 18,168 9,960 - 83,126
Selling, general and administrative 13,481 27,947 14,479 9,346 10,318 75,571
Gain on sale of assets 6 4 (46) (50) - (86)
Income (loss) from operations$ 7,682 $ 5,878 $ 3,735 $ 664 $ (10,318)$ 7,641
Other data:
Depreciation and amortization expense$ 414 $ 491 $ 270 $ 980 $ 371 $ 2,526
Capital expenditures 331 420 266 828 137 1,982
Total assets$ 30,415 $ 40,555 $ 43,937 $ 27,272 $ 58,929 $ 201,108

Years Ended September 30, 2013
Commercial &Infrastructure
CommunicationsResidentialIndustrialSolutionsCorporateTotal
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
Loss (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
CommunicationsResidentialIndustrialSolutionsCorporateTotal
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