Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Jan. 25, 2020

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data (Unaudited)

The sum of the quarterly results may not equal the reported annual amounts due to rounding (dollars in thousands, except per share amounts).

	Quarter Ended
Fiscal 2021	First Quarter (1)		Second Quarter		Third Quarter		Fourth Quarter
Contract revenues	$	814,322	$	823,921	$	810,256	$	750,665
Costs of earned revenues, excluding depreciation and amortization	$	680,206	$	657,953	$	658,355	$	645,476
Gross profit	$	134,116	$	165,968	$	151,901	$	105,189
Net income (loss)	$	(32,418)	$	37,024	$	33,926	$	(4,195)
Earnings (loss) per common share - Basic	$	(1.03)	$	1.17	$	1.06	$	(0.13)
Earnings (loss) per common share - Diluted	$	(1.03)	$	1.15	$	1.05	$	(0.13)

	Quarter Ended
Fiscal 2020	First Quarter (2)		Second Quarter		Third Quarter		Fourth Quarter
Contract revenues	$	833,743	$	884,221	$	884,115	$	737,603
Costs of earned revenues, excluding depreciation and amortization	$	701,767	$	720,382	$	724,378	$	633,203
Gross profit	$	131,976	$	163,839	$	159,737	$	104,400
Net income (loss)	$	14,279	$	29,896	$	24,229	$	(11,189)
Earnings (loss) per common share - Basic	$	0.45	$	0.95	$	0.77	$	(0.35)
Earnings (loss) per common share - Diluted	$	0.45	$	0.94	$	0.76	$	(0.35)

(1) During the first quarter of fiscal 2021, we recognized an impairment charge of $53.3 million which is the amount by which the carrying amount exceeded the reporting unit’s fair value.

(2) During the first quarter of fiscal 2020, we recovered $10.3 million of the previously reserved accounts receivable and contract assets related to Windstream.