| Schedule of Financial Information for each of the Company's Business Segments |
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| Table 3.1: Results of Operation by Business Segment |
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For the Year Ended September 30, |
|
2024 |
|
2023 |
|
2022 |
|
Amount |
|
% (1) |
|
Amount |
|
% (1) |
|
Amount |
|
% (1) |
|
(dollars in thousands) |
| Revenue: |
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| U.S. Federal Services |
$ |
2,737,244 |
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|
|
|
$ |
2,403,606 |
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|
|
$ |
2,259,744 |
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|
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| U.S. Services |
1,911,813 |
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|
|
|
1,812,069 |
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|
|
1,607,612 |
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|
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| Outside the U.S. |
657,140 |
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|
689,053 |
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|
763,662 |
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| Revenue |
$ |
5,306,197 |
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|
$ |
4,904,728 |
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|
|
$ |
4,631,018 |
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| Gross profit: |
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| U.S. Federal Services |
$ |
665,762 |
|
|
24.3 |
% |
|
$ |
557,886 |
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|
23.2 |
% |
|
$ |
519,440 |
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|
23.0 |
% |
| U.S. Services |
479,787 |
|
|
25.1 |
% |
|
377,541 |
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|
20.8 |
% |
|
343,004 |
|
|
21.3 |
% |
| Outside the U.S. |
106,103 |
|
|
16.1 |
% |
|
93,181 |
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|
13.5 |
% |
|
77,366 |
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|
10.1 |
% |
| Gross profit |
$ |
1,251,652 |
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|
23.6 |
% |
|
$ |
1,028,608 |
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|
21.0 |
% |
|
$ |
939,810 |
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|
20.3 |
% |
| Selling, general, and administrative expenses: |
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| U.S. Federal Services |
$ |
332,140 |
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|
12.1 |
% |
|
$ |
308,197 |
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|
12.8 |
% |
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$ |
284,509 |
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|
12.6 |
% |
| U.S. Services |
232,805 |
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|
12.2 |
% |
|
194,991 |
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10.8 |
% |
|
160,902 |
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|
10.0 |
% |
| Outside the U.S. |
98,398 |
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|
15.0 |
% |
|
102,311 |
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14.8 |
% |
|
92,536 |
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|
12.1 |
% |
| Divestiture related charges (2) |
1,018 |
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|
NM |
|
3,751 |
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|
NM |
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— |
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|
NM |
| Other (4) |
7,222 |
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|
NM |
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29,973 |
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|
NM |
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(3,454) |
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|
NM |
| Selling, general, and administrative expenses |
$ |
671,583 |
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|
12.7 |
% |
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$ |
639,223 |
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|
13.0 |
% |
|
$ |
534,493 |
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|
11.5 |
% |
| Operating income/(loss): |
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| U.S. Federal Services |
$ |
333,622 |
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|
12.2 |
% |
|
$ |
249,689 |
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|
10.4 |
% |
|
$ |
234,931 |
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|
10.4 |
% |
| U.S. Services |
246,982 |
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|
12.9 |
% |
|
182,550 |
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|
10.1 |
% |
|
182,102 |
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|
11.3 |
% |
| Outside the U.S. |
7,705 |
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|
1.2 |
% |
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(9,130) |
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|
(1.3) |
% |
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(15,170) |
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|
(2.0) |
% |
| Amortization of intangible assets |
(91,570) |
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|
NM |
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(94,591) |
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|
NM |
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(90,465) |
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|
NM |
| Divestiture related charges (2) |
(1,018) |
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|
NM |
|
(3,751) |
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|
NM |
|
— |
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|
NM |
| Gain on sale of land and building (3) |
— |
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|
NM |
|
— |
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|
NM |
|
11,046 |
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|
NM |
| Other (4) |
(7,222) |
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|
NM |
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(29,973) |
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|
NM |
|
3,454 |
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|
NM |
| Operating income |
$ |
488,499 |
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|
9.2 |
% |
|
$ |
294,794 |
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|
6.0 |
% |
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$ |
325,898 |
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|
7.0 |
% |
| Depreciation and amortization: |
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| U.S. Federal Services |
$ |
10,503 |
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|
0.4 |
% |
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$ |
18,336 |
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|
0.8 |
% |
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$ |
12,332 |
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|
0.5 |
% |
| U.S. Services |
16,079 |
|
|
0.8 |
% |
|
22,674 |
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|
1.3 |
% |
|
16,528 |
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|
1.0 |
% |
| Outside the U.S. |
7,375 |
|
|
1.1 |
% |
|
13,715 |
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|
2.0 |
% |
|
13,470 |
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|
1.8 |
% |
| Depreciation and amortization |
$ |
33,957 |
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|
0.6 |
% |
|
$ |
54,725 |
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|
1.1 |
% |
|
$ |
42,330 |
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|
0.9 |
% |
(1)Percentage of respective segment revenue. Percentages not considered meaningful are marked "NM."
(2)During fiscal years 2024 and 2023, we sold a number of businesses in our Outside the U.S. Segment. Refer to "Note 7. Acquisitions and Divestitures" for more details.
(3)During fiscal year 2022, we sold the land and building that held our corporate headquarters, resulting in a gain on sale of $11.0 million.
(4)Other includes credits and costs that are not allocated to a particular segment. For the fiscal years 2024 and 2023, these charges include $2.9 million and $29.3 million, respectively, related to the costs of a previously disclosed cybersecurity incident. Other charges include direct costs of acquisitions. These costs are excluded from measuring each segment's operating performance.
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