Quarterly Information (Tables)

12 Months Ended

Sep. 30, 2023

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Information

The table below sets forth the unaudited consolidated operating results by fiscal quarter for the years ended September 30, 2023 and 2022 (in thousands, except per share data):

	2023 Quarters
	First(1)		Second(2)		Third(3)		Fourth(4)		2023
Revenues	$	126,858	$	171,444	$	192,365	$	208,641	$	699,308
Gross profit	19,464		33,437		42,670		51,982		147,553
Net income (loss)	1,162		8,473		18,454		26,436		54,525
Earnings (loss) per share:
Basic	$	0.10	$	0.71	$	1.55	$	2.22	$	4.59
Diluted	$	0.10	$	0.70	$	1.52	$	2.17	$	4.50
(1) The results for the first quarter of Fiscal 2023 demonstrated normal seasonality and were negatively impacted by holidays and work schedules compared to other quarterly periods.
(2) The results for the second quarter of Fiscal 2023 were positively impacted by a project cancellation of $1.6 million.
(3) The results for the third quarter of Fiscal 2023 were positively impacted by a project cancellation of $1.7 million.
(4) The results for the fourth quarter of Fiscal 2023 were positively impacted by project cancellations of $1.0 million and the reversal of a $1.9 million valuation allowance against the U.K. net deferred tax assets.

	2022 Quarters
	First(1)		Second		Third(2)		Fourth(3)		2022
Revenues	$	106,569	$	127,854	$	135,483	$	162,676	$	532,582
Gross profit	13,436		19,083		19,059		33,440		85,018
Net income (loss)	(2,846)		(1,217)		9,061		8,739		13,737
Earnings (loss) per share:
Basic	$	(0.24)	$	(0.10)	$	0.77	$	0.74	$	1.16
Diluted	$	(0.24)	$	(0.10)	$	0.76	$	0.73	$	1.15
(1) The results for the first quarter of Fiscal 2022 demonstrated normal seasonality and were negatively impacted by holidays and work schedules compared to other quarterly periods.
(2) The results for the third quarter of Fiscal 2022 were positively impacted by the release of a $5.9 million Canadian valuation allowance and a $2.0 million pre-tax gain on the sale of a non-core business within our Canadian operations.
(3) The results for the fourth quarter of Fiscal 2022 were positively impacted by a $2.5 million settlement of a claim for cost overruns from prior years related to a U.S. based municipal transit project.