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Segment Information (Notes)
 9 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
Segment Information Segment Information
We operate our business through four reportable segments: Electrical Infrastructure; Oil Gas & Chemical; Storage Solutions; and Industrial.
The Electrical Infrastructure segment consists of power delivery services provided to investor owned utilities, including construction of new substations, upgrades of existing substations, short-run transmission line installations, distribution upgrades and maintenance, as well as emergency and storm restoration services. We also provide construction and maintenance services to a variety of power generation facilities, such as combined cycle plants and other natural gas fired power stations.
The Oil Gas & Chemical segment serves customers primarily in the downstream and midstream petroleum industries who are engaged in refining crude oil and processing, fractionating, and marketing of natural gas and natural gas liquids. We also perform work in the petrochemical, upstream petroleum, and sulfur extraction, recovery and processing markets. Our services include plant maintenance, turnarounds, engineering and capital construction. We also offer industrial cleaning services, including hydro-blasting, hydro-excavating, advanced chemical cleaning and vacuum services.
The Storage Solutions segment consists of work related to aboveground storage tanks ("AST") and terminals. Also included in this segment are cryogenic and other specialty storage tanks and terminals including liquefied natural gas, liquid nitrogen/liquid oxygen, liquid petroleum and other specialty vessels such as spheres as well as marine structures and truck and rail loading/offloading facilities. Our services include engineering, fabrication and construction, and maintenance and repair, which includes planned and emergency services for both tanks and full terminals. Finally, we offer AST products, including geodesic domes, aluminum internal floating roofs, floating suction and skimmer systems, roof drain systems and floating roof seals.
The Industrial segment consists of work for various industries, including major mining and minerals companies engaged primarily in the extraction of non-ferrous metals, aerospace and defense, cement, agriculture, and various industrial facilities. Our services include engineering, fabrication and construction, and maintenance and repair, which includes planned and emergency services. We also design instrumentation and control systems and offer specialized expertise in the design and construction of bulk material handling systems.

The Company evaluates performance and allocates resources based on operating income. The accounting policies of the reportable segments are the same as those described in the Summary of Significant Accounting Policies footnote included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2019 and in Note 1 of this Quarterly Report on Form 10-Q. Intersegment sales and transfers are recorded at cost; therefore, no intersegment profit or loss is recognized.
Segment assets consist primarily of accounts receivable, costs and estimated earnings in excess of billings on uncompleted contracts, property, plant and equipment, operating lease right-of-use assets, goodwill and other intangible assets.
 

Results of Operations
(In thousands)
 
Three Months Ended

Nine Months Ended
 
March 31,
2020

March 31,
2019

March 31,
2020

March 31,
2019
Gross revenues







Electrical Infrastructure
$
28,411


$
60,669


$
89,973


$
163,543

Oil Gas & Chemical
53,539


83,414


167,821


246,497

Storage Solutions
144,460


134,822


439,246


374,787

Industrial
24,042


81,283


213,596


237,225

Total gross revenues
$
250,452


$
360,188


$
910,636


$
1,022,052

Less: Inter-segment revenues







Oil Gas & Chemical
$
1,226

 
$
870

 
$
1,986

 
$
2,175

Storage Solutions
714

 
431

 
2,664

 
1,911

Industrial
185

 
—

 
885

 
—

Total inter-segment revenues
$
2,125


$
1,301


$
5,535


$
4,086

Consolidated revenues







Electrical Infrastructure
$
28,411


$
60,669


$
89,973


$
163,543

Oil Gas & Chemical
52,313


82,544


165,835


244,322

Storage Solutions
143,746


134,391


436,582


372,876

Industrial
23,857


81,283


212,711


237,225

Total consolidated revenues
$
248,327


$
358,887


$
905,101


$
1,017,966

Gross profit (loss)







Electrical Infrastructure
$
752


$
6,210


$
(2,024
)

$
13,155

Oil Gas & Chemical
2,946


10,736


10,778


25,518

Storage Solutions
18,010


14,575


58,840


35,275

Industrial
(1,231
)

5,385


15,349


14,265

Total gross profit
$
20,477


$
36,906


$
82,943


$
88,213

Intangible asset impairments and restructuring costs
 
 
 
 
 
 
 
Electrical Infrastructure
$
1,114

 
$
—

 
$
26,014

 
$
—

Oil Gas & Chemical
1,409

 
—

 
1,409

 
—

Storage Solutions
1,000

 
—

 
1,000

 
—

Industrial
3,036

 
—

 
16,651

 
—

Total intangible asset impairments and restructuring costs
$
6,559

 
$
—

 
$
45,074

 
$
—

Operating income (loss)







Electrical Infrastructure
$
(2,259
)
 
$
2,882

 
$
(33,766
)
 
$
3,977

Oil Gas & Chemical
(2,712
)
 
4,796

 
(5,757
)
 
8,895

Storage Solutions
6,479

 
3,730

 
24,830

 
5,371

Industrial
(7,308
)
 
1,386

 
(14,012
)
 
2,298

Total operating income (loss)
$
(5,800
)

$
12,794


$
(28,705
)

$
20,541


Total assets by segment were as follows:

 
March 31,
2020

June 30,
2019
Electrical Infrastructure
 
$
97,747

 
$
155,880

Oil Gas & Chemical
 
86,194

 
91,959

Storage Solutions
 
228,717

 
188,912

Industrial
 
30,859

 
90,336

Unallocated assets
 
123,830

 
106,307

Total segment assets
 
$
567,347


$
633,394