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Segment Information (Notes)
9 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
Segment Information Segment Information
Change in Reportable Segments
Due to changing markets facing our clients and to better align the financial reporting of the Company with our long-term strategic growth areas, we began reporting our financial results under new reportable segments effective July 1, 2020. The new reportable segments along with a description of each are as follows:
Utility and Power Infrastructure: consists of power delivery services provided to investor owned utilities, including construction of new substations, upgrades of existing substations, transmission and distribution line installations, upgrades and maintenance, as well as emergency and storm restoration services. The Company also provides construction and maintenance services to a variety of power generation facilities, including gas fired facilities in simple or combined cycle configuration and provides engineering, fabrication, and construction services for LNG utility peak shaving facilities.

Process and Industrial Facilities: primarily serves customers 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. The Company also serves customers in various other industries such as petrochemical, sulfur, mining and minerals companies engaged primarily in the extraction of non-ferrous metals, aerospace and defense, cement, agriculture, and other industrial customers. The Company's services include plant maintenance, turnarounds, industrial cleaning services, engineering, fabrication, and capital construction.
Storage and Terminal Solutions: consists of work related to aboveground storage tanks and terminals. Also included in this segment are cryogenic and other specialty storage tanks and terminals, including LNG, liquid nitrogen/liquid oxygen, liquid petroleum, hydrogen and other specialty vessels such as spheres, as well as marine structures and truck and rail loading/offloading facilities. The Company's services include engineering, fabrication, construction, and maintenance and repair, which includes planned and emergency services for both tanks and full terminals. Finally, the Company offers tank products, including geodesic domes, aluminum internal floating roofs, floating suction and skimmer systems, roof drain systems and floating roof seals.
All prior period segment information has been restated to conform with our new reportable segments. In addition, beginning July 1, 2020, the Company is reporting separately corporate selling, general and administrative expenses and other corporate expenses that were previously allocated to the segments.
The Company evaluates performance and allocates resources based on operating income. Intersegment sales and transfers are recorded at cost; therefore, no intercompany 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, right-of-use lease assets, goodwill and other intangible assets.
Results of Operations
(In thousands)
 Three Months EndedNine Months Ended
 March 31,
2021
March 31,
2020
March 31,
2021
March 31,
2020
Gross revenue
Utility and Power Infrastructure$44,720 $55,670 $157,414 $152,552 
Process and Industrial Facilities43,095 76,297 141,570 375,518 
Storage and Terminal Solutions61,542 118,711 204,572 382,720 
Total gross revenue$149,357 $250,678 $503,556 $910,790 
Less: Inter-segment revenue
Process and Industrial Facilities$261 $1,327 $1,543 $2,788 
Storage and Terminal Solutions836 1,024 3,514 2,901 
Total inter-segment revenue$1,097 $2,351 $5,057 $5,689 
Consolidated revenue
Utility and Power Infrastructure$44,720 $55,670 $157,414 $152,552 
Process and Industrial Facilities42,834 74,970 140,027 372,730 
Storage and Terminal Solutions60,706 117,687 201,058 379,819 
Total consolidated revenue$148,260 $248,327 $498,499 $905,101 
Gross profit (loss)
Utility and Power Infrastructure$(4,692)$3,138 $7,818 $1,744 
Process and Industrial Facilities(171)3,070 11,352 30,498 
Storage and Terminal Solutions6,423 14,907 12,053 52,675 
Corporate— (638)— (1,974)
Total gross profit$1,560 $20,477 $31,223 $82,943 
Selling, general and administrative expenses
Utility and Power Infrastructure$2,356 $2,081 $7,154 $7,491 
Process and Industrial Facilities3,882 5,343 11,319 19,666 
Storage and Terminal Solutions4,792 6,165 13,854 19,942 
Corporate6,149 6,129 19,704 19,475 
Total selling, general and administrative expenses$17,179 $19,718 $52,031 $66,574 
Intangible asset impairments and restructuring costs
Utility and Power Infrastructure$403 $935 $1,226 $25,835 
Process and Industrial Facilities781 4,087 3,645 17,702 
Storage and Terminal Solutions590 821 1,244 821 
Corporate86 716 470 716 
Total asset impairments and restructuring costs$1,860 $6,559 $6,585 $45,074 
Operating income (loss)
Utility and Power Infrastructure$(7,451)$122 $(562)$(31,582)
Process and Industrial Facilities(4,834)(6,360)(3,612)(6,870)
Storage and Terminal Solutions1,041 7,921 (3,045)31,912 
Corporate(6,235)(7,483)(20,174)(22,165)
Total operating loss$(17,479)$(5,800)$(27,393)$(28,705)
Total assets by segment were as follows:
March 31,
2021
June 30,
2020
Utility and Power Infrastructure$81,625 $67,398 
Process and Industrial Facilities116,140 138,734 
Storage and Terminal Solutions164,652 187,167 
Corporate109,260 124,011 
Total segment assets$471,677 $517,310