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Segment Information (Notes)
9 Months Ended
Mar. 31, 2023
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 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 EndedNine Months Ended
 March 31,
2023
March 31,
2022
March 31,
2023
March 31,
2022
Gross revenue
Utility and Power Infrastructure$35,024 $59,341 $130,483 $171,298 
Process and Industrial Facilities99,706 69,786 267,232 167,033 
Storage and Terminal Solutions53,871 49,254 194,291 175,174 
Total gross revenue$188,601 $178,381 $592,006 $513,505 
Less: Inter-segment revenue
Utility and Power Infrastructure$— $— $54 $— 
Process and Industrial Facilities— 815 109 3,841 
Storage and Terminal Solutions1,706 563 2,677 2,603 
Total inter-segment revenue$1,706 $1,378 $2,840 $6,444 
Consolidated revenue
Utility and Power Infrastructure$35,024 $59,341 $130,429 $171,298 
Process and Industrial Facilities99,706 68,971 267,123 163,192 
Storage and Terminal Solutions52,165 48,691 191,614 172,571 
Total consolidated revenue$186,895 $177,003 $589,166 $507,061 
Gross profit (loss)
Utility and Power Infrastructure$2,790 $(492)$6,929 $(7,089)
Process and Industrial Facilities3,160 (441)2,359 6,663 
Storage and Terminal Solutions(810)(458)8,403 (216)
Corporate(721)(372)(1,566)(1,422)
Total gross profit (loss)$4,419 $(1,763)$16,125 $(2,064)
Selling, general and administrative expenses
Utility and Power Infrastructure$1,869 $2,910 $5,394 $9,109 
Process and Industrial Facilities3,556 3,198 11,308 8,752 
Storage and Terminal Solutions5,735 4,063 15,342 12,850 
Corporate5,702 6,870 19,174 18,881 
Total selling, general and administrative expenses$16,862 $17,041 $51,218 $49,592 
Goodwill impairment and restructuring costs
Utility and Power Infrastructure$— $2,659 $37 $2,705 
Process and Industrial Facilities106 6,856 13,119 6,839 
Storage and Terminal Solutions79 7,219 984 7,293 
Corporate131 — 1,057 1,197 
Total goodwill impairment and restructuring costs$316 $16,734 $15,197 $18,034 
Operating income (loss)
Utility and Power Infrastructure$921 $(6,061)$1,498 $(18,903)
Process and Industrial Facilities(502)(10,495)(22,068)(8,928)
Storage and Terminal Solutions(6,624)(11,740)(7,923)(20,359)
Corporate(6,554)(7,242)(21,797)(21,500)
Total operating loss$(12,759)$(35,538)$(50,290)$(69,690)
Total assets by segment were as follows (in thousands):
March 31,
2023
June 30,
2022
Utility and Power Infrastructure$77,211 $94,059 
Process and Industrial Facilities124,979 104,078 
Storage and Terminal Solutions141,263 141,084 
Corporate82,494 101,572 
Total segment assets$425,947 $440,793