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Revenues
12 Months Ended
Sep. 30, 2022
Revenues  
Revenues

15.     Revenues

(a)Disaggregation of Revenues

The tables below present our revenues by customer type, geographic location, and revenue recognition method for the years ended September 30, 2022 and 2021, as we believe this presentation best depicts how the nature, amount, timing and uncertainty of net sales and cash flows are affected by economic factors. The tables also include a reconciliation of the disaggregated revenue within our reportable segments.

Year Ended September 30, 2022

(In thousands)

    

A&D

    

USG

    

Test

    

Total

Customer type:

 

Commercial

$

144,305

 

272,432

 

209,016

 

625,753

Government

207,108

5,935

18,706

231,749

Total revenues

$

351,413

278,367

227,722

857,502

 

 

 

 

Geographic location:

United States

$

299,158

 

180,586

 

123,428

 

603,172

International

52,255

97,781

104,294

254,330

Total revenues

$

351,413

278,367

227,722

857,502

 

 

 

 

Revenue recognition method:

Point in time

$

144,039

 

224,502

 

58,522

 

427,063

Over time

207,374

53,865

169,200

430,439

Total revenues

$

351,413

278,367

227,722

857,502

Year Ended September 30, 2021

(In thousands)

    

A&D

    

USG

    

Test

    

Total

Customer type:

 

  

 

  

 

  

 

  

Commercial

$

130,217

199,111

177,601

506,929

Government

 

184,607

 

3,797

 

20,107

 

208,511

Total revenues

$

314,824

202,908

197,708

715,440

Geographic location:

 

 

 

 

United States

$

275,976

140,545

100,438

516,959

International

 

38,848

 

62,363

 

97,270

 

198,481

Total revenues

$

314,824

202,908

197,708

715,440

Revenue recognition method:

 

 

 

 

Point in time

$

136,449

153,163

40,609

330,221

Over time

 

178,375

 

49,745

 

157,099

 

385,219

Total revenues

$

314,824

202,908

197,708

715,440

(b)Remaining Performance Obligations

Our remaining performance obligations, which is the equivalent of our backlog, represent the expected transaction price allocated to our contracts that we expect to recognize as revenue in future periods when we perform under the contracts. These remaining obligations include amounts that have been formally appropriated under contracts with the U.S. Government, and exclude unexercised contract options and potential orders under ordering-type contracts such as Indefinite Delivery, Indefinite Quantity contracts. At September 30, 2022, we had $695.0 million in remaining performance obligations of which we expect to recognize revenues of approximately 80% in the next twelve months.

(c)Contract assets and contract liabilities

We report assets and liabilities related to our contracts with customers on a contract-by-contract basis at the end of each reporting period. At September 30, 2022, our contract assets and contract liabilities totaled $125.2 million and $137.6 million, respectively. At September 30, 2021, our contract assets and contract liabilities totaled $93.8 million and $108.8 million, respectively. During 2022, we recognized approximately $83.8 million in revenues that were included in the contract liabilities balance at September 30, 2021.