| Schedule of Financial Information for each of the Company's Business Segments |
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| Table 3.1: Results of Operations by Business Segment |
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For the Three Months Ended |
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For the Six Months Ended |
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March 31, 2025 |
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March 31, 2024 |
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March 31, 2025 |
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March 31, 2024 |
|
Amount |
|
% (1) |
|
Amount |
|
% (1) |
|
Amount |
|
% (1) |
|
Amount |
|
% (1) |
|
(dollars in thousands) |
| Revenue: |
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| U.S. Federal Services |
$ |
777,927 |
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$ |
701,702 |
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$ |
1,558,582 |
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$ |
1,378,780 |
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| U.S. Services |
442,350 |
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486,115 |
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894,600 |
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975,960 |
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| Outside the U.S. |
141,509 |
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160,540 |
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311,279 |
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320,658 |
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| Revenue |
$ |
1,361,786 |
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$ |
1,348,357 |
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$ |
2,764,461 |
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$ |
2,675,398 |
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| Gross profit: |
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| U.S. Federal Services |
$ |
202,058 |
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|
26.0 |
% |
|
$ |
163,337 |
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|
23.3 |
% |
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$ |
375,373 |
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|
24.1 |
% |
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$ |
319,999 |
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|
23.2 |
% |
| U.S. Services |
111,770 |
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|
25.3 |
% |
|
130,122 |
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26.8 |
% |
|
206,774 |
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23.1 |
% |
|
248,485 |
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25.5 |
% |
| Outside the U.S. |
24,993 |
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|
17.7 |
% |
|
24,130 |
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|
15.0 |
% |
|
58,231 |
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|
18.7 |
% |
|
49,159 |
|
|
15.3 |
% |
| Gross profit |
$ |
338,821 |
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|
24.9 |
% |
|
$ |
317,589 |
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|
23.6 |
% |
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$ |
640,378 |
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23.2 |
% |
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$ |
617,643 |
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|
23.1 |
% |
| Selling, general, and administrative expenses: |
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| U.S. Federal Services |
$ |
83,076 |
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10.7 |
% |
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$ |
79,867 |
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11.4 |
% |
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$ |
157,291 |
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10.1 |
% |
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$ |
167,722 |
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12.2 |
% |
| U.S. Services |
57,963 |
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13.1 |
% |
|
62,201 |
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12.8 |
% |
|
112,121 |
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12.5 |
% |
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114,501 |
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11.7 |
% |
| Outside the U.S. |
20,197 |
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14.3 |
% |
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23,460 |
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14.6 |
% |
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45,315 |
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14.6 |
% |
|
48,601 |
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|
15.2 |
% |
| Divestiture-related charges (2) |
1,002 |
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|
NM |
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— |
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|
NM |
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39,343 |
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|
NM |
|
1,018 |
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|
NM |
| Other (3) |
619 |
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NM |
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2,926 |
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NM |
|
522 |
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NM |
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5,807 |
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NM |
| Selling, general, and administrative expenses |
$ |
162,857 |
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12.0 |
% |
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$ |
168,454 |
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12.5 |
% |
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$ |
354,592 |
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12.8 |
% |
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$ |
337,649 |
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12.6 |
% |
| Operating income: |
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| U.S. Federal Services |
$ |
118,982 |
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15.3 |
% |
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$ |
83,470 |
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11.9 |
% |
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$ |
218,082 |
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14.0 |
% |
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$ |
152,277 |
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11.0 |
% |
| U.S. Services |
53,807 |
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12.2 |
% |
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67,921 |
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14.0 |
% |
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94,653 |
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10.6 |
% |
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133,984 |
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13.7 |
% |
| Outside the U.S. |
4,796 |
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3.4 |
% |
|
670 |
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0.4 |
% |
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12,916 |
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4.1 |
% |
|
558 |
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0.2 |
% |
| Amortization of intangible assets |
(22,996) |
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|
NM |
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(21,641) |
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|
NM |
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(46,031) |
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|
NM |
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(44,990) |
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|
NM |
| Divestiture-related charges (2) |
(1,002) |
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|
NM |
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— |
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|
NM |
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(39,343) |
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|
NM |
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(1,018) |
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|
NM |
| Other (3) |
(619) |
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|
NM |
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(2,926) |
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|
NM |
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(522) |
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|
NM |
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(5,807) |
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|
NM |
| Operating income |
$ |
152,968 |
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11.2 |
% |
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$ |
127,494 |
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9.5 |
% |
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$ |
239,755 |
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8.7 |
% |
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$ |
235,004 |
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|
8.8 |
% |
(1)Percentage of respective segment revenue. Percentages not considered meaningful are marked "NM."
(2)During fiscal years 2025 and 2024, we have divested businesses from our Outside the U.S. Segment. See "Note 6. Divestitures" for additional information.
(3)Other expenses include credits and costs that are not allocated to a particular segment.
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