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Segment Information (Notes)
6 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Segment Information Segment Information
We report our results of operations through three reportable segments: Utility and Power Infrastructure, Process and Industrial Facilities, and Storage and Terminal Solutions.
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. We also provide engineering, fabrication, and construction services for LNG utility peak shaving facilities, and provide construction and maintenance services to a variety of power generation facilities, including natural gas fired facilities in simple or combined cycle configuration.
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. We also serve 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. Our services include plant maintenance, turnarounds, industrial cleaning services, engineering, fabrication, and capital construction.
Storage and Terminal Solutions: consists of work related to aboveground crude oil and refined product storage tanks and terminals. We also include work related to cryogenic and other specialty storage tanks and terminals, including LNG, liquid nitrogen/liquid oxygen, liquid petroleum, hydrogen and other specialty vessels such as spheres in this segment, as well as work related to marine structures and truck and rail loading/offloading facilities. Our services include engineering, fabrication, construction, and maintenance and repair, which includes planned and emergency services for both tanks and full terminals. Finally, we offer tank products, including geodesic domes, aluminum internal floating roofs, floating suction and skimmer systems, roof drain systems and floating roof seals.

We evaluate performance and allocate resources based on operating income. We eliminate intersegment sales; therefore, no intercompany profit or loss is recognized. Corporate selling, general and administrative expenses are excluded from our three reportable segments in order to better align controllable costs with the responsibility of segment management, and to be consistent with how our chief operating decision-maker assesses segment performance and allocates resources. In fiscal year 2022, we commenced a project to centralize and standardize certain support functions including accounting, human resources and project support. These centralized support functions are now included in corporate selling, general and administrative expense, but were previously included in our operating segment selling, general and administrative expense. 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 EndedSix Months Ended
 December 31,
2022
December 31,
2021
December 31,
2022
December 31,
2021
Gross revenue
Utility and Power Infrastructure$50,589 $54,752 $95,459 $111,956 
Process and Industrial Facilities80,789 52,037 167,526 97,247 
Storage and Terminal Solutions63,130 57,607 140,420 125,919 
Total gross revenue$194,508 $164,396 $403,405 $335,122 
Less: Inter-segment revenue
Utility and Power Infrastructure$54 $— $54 $— 
Process and Industrial Facilities— 1,721 109 3,026 
Storage and Terminal Solutions614 710 971 2,038 
Total inter-segment revenue$668 $2,431 $1,134 $5,064 
Consolidated revenue
Utility and Power Infrastructure$50,535 $54,752 $95,405 $111,956 
Process and Industrial Facilities80,789 50,316 167,417 94,221 
Storage and Terminal Solutions62,516 56,897 139,449 123,881 
Total consolidated revenue$193,840 $161,965 $402,271 $330,058 
Gross profit (loss)
Utility and Power Infrastructure$2,426 $(491)$4,139 $(6,598)
Process and Industrial Facilities(5,131)4,235 (801)7,106 
Storage and Terminal Solutions1,648 (172)9,213 241 
Corporate(245)(365)(845)(1,050)
Total gross profit (loss)$(1,302)$3,207 $11,706 $(301)
Selling, general and administrative expenses
Utility and Power Infrastructure$1,787 $3,150 $3,525 $6,200 
Process and Industrial Facilities3,682 2,792 7,752 5,554 
Storage and Terminal Solutions5,450 4,280 9,608 8,786 
Corporate6,626 5,700 13,471 12,011 
Total selling, general and administrative expenses$17,545 $15,922 $34,356 $32,551 
Goodwill impairment and restructuring costs
Utility and Power Infrastructure$— $37 $37 $46 
Process and Industrial Facilities12,698 (24)13,012 (17)
Storage and Terminal Solutions383 107 906 74 
Corporate513 575 926 1,197 
Total goodwill impairment and restructuring costs$13,594 $695 $14,881 $1,300 
Operating income (loss)
Utility and Power Infrastructure$639 $(3,678)$577 $(12,844)
Process and Industrial Facilities(21,511)1,467 (21,565)1,569 
Storage and Terminal Solutions(4,185)(4,559)(1,301)(8,619)
Corporate(7,384)(6,640)(15,242)(14,258)
Total operating loss$(32,441)$(13,410)$(37,531)$(34,152)
Total assets by segment were as follows:
December 31,
2022
June 30,
2022
Utility and Power Infrastructure$89,480 $94,059 
Process and Industrial Facilities119,401 104,078 
Storage and Terminal Solutions144,561 141,084 
Corporate84,676 101,572 
Total segment assets$438,118 $440,793