| Disaggregation of Revenue |
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| Table 4.1: Revenue by Service Type |
|
For the Year Ended September 30, |
|
2023 |
|
% |
|
2022 |
|
% |
|
2021 |
|
% |
|
(dollars in thousands) |
| Program Operations |
$ |
2,607,263 |
|
|
53.2 |
% |
|
$ |
2,596,801 |
|
|
56.1 |
% |
|
$ |
2,755,820 |
|
|
64.8 |
% |
| Clinical Services |
1,486,040 |
|
|
30.3 |
% |
|
1,176,081 |
|
|
25.4 |
% |
|
699,424 |
|
|
16.4 |
% |
| Employment & Other |
520,981 |
|
|
10.6 |
% |
|
551,755 |
|
|
11.9 |
% |
|
463,695 |
|
|
10.9 |
% |
| Technology Solutions |
290,444 |
|
|
5.9 |
% |
|
306,381 |
|
|
6.6 |
% |
|
335,546 |
|
|
7.9 |
% |
| Total revenue |
$ |
4,904,728 |
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|
|
$ |
4,631,018 |
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|
|
$ |
4,254,485 |
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| Table 4.2: Revenue by Contract Type |
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For the Year Ended September 30, |
|
2023 |
|
% |
|
2022 |
|
% |
|
2021 |
|
% |
|
(dollars in thousands) |
| Performance-based |
$ |
2,425,597 |
|
|
49.5 |
% |
|
$ |
2,091,608 |
|
|
45.2 |
% |
|
$ |
1,416,562 |
|
|
33.3 |
% |
| Cost-plus |
1,238,574 |
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|
25.3 |
% |
|
1,248,759 |
|
|
27.0 |
% |
|
1,237,995 |
|
|
29.1 |
% |
| Fixed price |
717,167 |
|
|
14.6 |
% |
|
627,402 |
|
|
13.5 |
% |
|
553,645 |
|
|
13.0 |
% |
| Time and materials |
523,390 |
|
|
10.7 |
% |
|
663,249 |
|
|
14.3 |
% |
|
1,046,283 |
|
|
24.6 |
% |
| Total revenue |
$ |
4,904,728 |
|
|
|
|
$ |
4,631,018 |
|
|
|
|
$ |
4,254,485 |
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| Table 4.3: Revenue by Customer Type |
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For the Year Ended September 30, |
|
2023 |
|
% |
|
2022 |
|
% |
|
2021 |
|
% |
|
(dollars in thousands) |
| U. S. federal government agencies |
$ |
2,344,863 |
|
|
47.8 |
% |
|
$ |
2,189,303 |
|
|
47.3 |
% |
|
$ |
1,805,131 |
|
|
42.4 |
% |
| U.S. state government agencies |
1,800,814 |
|
|
36.7 |
% |
|
1,605,457 |
|
|
34.7 |
% |
|
1,654,555 |
|
|
38.9 |
% |
| International government agencies |
663,044 |
|
|
13.5 |
% |
|
722,192 |
|
|
15.6 |
% |
|
663,180 |
|
|
15.6 |
% |
| Other, including local municipalities and commercial customers |
96,007 |
|
|
2.0 |
% |
|
114,066 |
|
|
2.5 |
% |
|
131,619 |
|
|
3.1 |
% |
| Total revenue |
$ |
4,904,728 |
|
|
|
|
$ |
4,631,018 |
|
|
|
|
$ |
4,254,485 |
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| Table 4.4: Effect of Changes in Contract Estimates |
|
For the Year Ended September 30, |
|
2023 |
|
2022 |
|
(in thousands, except per share data) |
| Benefit to/(reduction of) revenue recognized due to changes in contract estimates |
$ |
(13,346) |
|
|
$ |
(2,500) |
|
| Benefit to/(reduction of) diluted earnings per share recognized due to changes in contract estimates |
$ |
(0.16) |
|
|
$ |
(0.03) |
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|