| Schedule of Disaggregation of Revenue |
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| Table 4.1: Revenue by Service Type |
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For the Three Months Ended |
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For the Nine Months Ended |
|
June 30, 2025 |
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June 30, 2024 |
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June 30, 2025 |
|
June 30, 2024 |
|
(dollars in thousands) |
| Program Operations |
$ |
626,981 |
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|
46.5 |
% |
|
$ |
604,614 |
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46.0 |
% |
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$ |
2,045,720 |
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|
49.7 |
% |
|
$ |
1,957,034 |
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|
49.0 |
% |
| Clinical Services |
560,360 |
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|
41.6 |
% |
|
506,077 |
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38.5 |
% |
|
1,535,849 |
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|
37.3 |
% |
|
1,401,069 |
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35.1 |
% |
| Employment & Other |
81,906 |
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|
6.1 |
% |
|
112,044 |
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8.5 |
% |
|
274,513 |
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6.7 |
% |
|
346,404 |
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8.7 |
% |
| Technology Solutions |
79,153 |
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5.9 |
% |
|
92,194 |
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7.0 |
% |
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256,779 |
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6.2 |
% |
|
285,820 |
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7.2 |
% |
| Total revenue |
$ |
1,348,400 |
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$ |
1,314,929 |
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$ |
4,112,861 |
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$ |
3,990,327 |
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| Table 4.2: Revenue by Contract Type |
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For the Three Months Ended |
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For the Nine Months Ended |
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June 30, 2025 |
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June 30, 2024 |
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June 30, 2025 |
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June 30, 2024 |
|
(in thousands) |
| Performance-based |
$ |
761,428 |
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|
56.5 |
% |
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$ |
758,942 |
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57.7 |
% |
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$ |
2,193,605 |
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53.3 |
% |
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$ |
2,202,541 |
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55.2 |
% |
| Cost-plus |
301,385 |
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22.4 |
% |
|
281,823 |
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21.4 |
% |
|
1,020,311 |
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24.8 |
% |
|
958,336 |
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24.0 |
% |
| Fixed price |
180,390 |
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13.4 |
% |
|
170,787 |
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13.0 |
% |
|
540,078 |
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13.1 |
% |
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514,280 |
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12.9 |
% |
| Time and materials |
105,197 |
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7.8 |
% |
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103,377 |
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7.9 |
% |
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358,867 |
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8.7 |
% |
|
315,170 |
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7.9 |
% |
| Total revenue |
$ |
1,348,400 |
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$ |
1,314,929 |
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$ |
4,112,861 |
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$ |
3,990,327 |
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| Table 4.3: Revenue by Customer Type |
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For the Three Months Ended |
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For the Nine Months Ended |
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June 30, 2025 |
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June 30, 2024 |
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June 30, 2025 |
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June 30, 2024 |
|
(dollars in thousands) |
| New York state government agencies |
$ |
148,408 |
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|
11.0 |
% |
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$ |
159,927 |
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12.2 |
% |
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$ |
466,053 |
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|
11.3 |
% |
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$ |
487,413 |
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|
12.2 |
% |
| Other U.S. state government agencies |
291,312 |
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|
21.6 |
% |
|
310,374 |
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23.6 |
% |
|
869,561 |
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21.1 |
% |
|
952,978 |
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23.9 |
% |
| Total U.S. state government agencies |
439,720 |
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|
470,301 |
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1,335,614 |
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1,440,391 |
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| U.S. federal government agencies |
743,058 |
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55.1 |
% |
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666,895 |
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50.7 |
% |
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2,267,078 |
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55.1 |
% |
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2,015,780 |
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50.5 |
% |
| International government agencies |
146,018 |
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10.8 |
% |
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156,587 |
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11.9 |
% |
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451,608 |
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11.0 |
% |
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468,995 |
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11.8 |
% |
| Other, including local municipalities and commercial customers |
19,604 |
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1.5 |
% |
|
21,146 |
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1.6 |
% |
|
58,561 |
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1.4 |
% |
|
65,161 |
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|
1.6 |
% |
| Total revenue |
$ |
1,348,400 |
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$ |
1,314,929 |
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$ |
4,112,861 |
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$ |
3,990,327 |
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| Table 4.4: Effect of Changes in Contract Estimates |
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For the Three Months Ended |
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For the Nine Months Ended |
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June 30, 2025 |
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June 30, 2024 |
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June 30, 2025 |
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June 30, 2024 |
|
(in thousands, except per share data) |
| Increase in/(reduction of) revenue recognized due to changes in contract estimates |
$ |
607 |
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$ |
(3,576) |
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$ |
11,181 |
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$ |
(12,772) |
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| Increase in/(reduction of) diluted earnings per share recognized due to changes in contract estimates |
$ |
0.01 |
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$ |
(0.04) |
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$ |
0.14 |
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$ |
(0.16) |
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