| 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 December 31, 2025 |
| (dollars in thousands) |
U.S. Federal Services |
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% (1 ) |
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U.S. Services |
|
% (1 ) |
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Outside the U.S. |
|
% (1 ) |
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Total |
| Revenue |
$ |
786,601 |
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$ |
415,248 |
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$ |
143,197 |
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$ |
1,345,046 |
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| Cost of revenue |
571,666 |
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72.7 |
% |
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330,854 |
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79.7 |
% |
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123,856 |
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86.5 |
% |
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1,026,376 |
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| Gross profit |
214,935 |
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27.3 |
% |
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84,394 |
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20.3 |
% |
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19,341 |
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13.5 |
% |
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318,670 |
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| Other segment items (2) |
85,202 |
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10.8 |
% |
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55,108 |
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13.3 |
% |
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20,721 |
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14.5 |
% |
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161,031 |
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| Segment operating income/(loss) |
$ |
129,733 |
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16.5 |
% |
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$ |
29,286 |
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7.1 |
% |
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$ |
(1,380) |
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(1.0) |
% |
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157,639 |
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| Divestiture-related gains (3) |
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8,985 |
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| Other (4) |
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(114) |
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| Amortization of intangible assets |
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(20,300) |
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| Operating income |
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$ |
146,210 |
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| Depreciation and amortization: |
$ |
7,115 |
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0.9 |
% |
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$ |
4,222 |
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1.0 |
% |
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$ |
1,552 |
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1.1 |
% |
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$ |
12,889 |
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For the Three Months Ended December 31, 2024 |
| (dollars in thousands) |
U.S. Federal Services |
|
% (1) |
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U.S. Services |
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% (1) |
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Outside the U.S. |
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% (1) |
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Total |
| Revenue |
$ |
780,655 |
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$ |
452,250 |
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$ |
169,770 |
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$ |
1,402,675 |
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| Cost of revenue |
607,340 |
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77.8 |
% |
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357,246 |
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79.0 |
% |
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136,532 |
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80.4 |
% |
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1,101,118 |
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| Gross profit |
173,315 |
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22.2 |
% |
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95,004 |
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21.0 |
% |
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33,238 |
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19.6 |
% |
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301,557 |
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| Other segment items (2) |
74,215 |
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9.5 |
% |
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54,158 |
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12.0 |
% |
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25,118 |
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14.8 |
% |
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153,491 |
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| Segment operating income |
$ |
99,100 |
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12.7 |
% |
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$ |
40,846 |
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9.0 |
% |
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$ |
8,120 |
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4.8 |
% |
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148,066 |
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| Divestiture-related charges (3) |
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(38,341) |
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| Other (4) |
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97 |
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| Amortization of intangible assets |
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(23,035) |
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| Operating income |
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$ |
86,787 |
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| Depreciation and amortization: |
$ |
2,851 |
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0.4 |
% |
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$ |
3,811 |
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0.8 |
% |
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$ |
1,793 |
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1.1 |
% |
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$ |
8,455 |
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(1)Percentage of respective revenue, as applicable.
(2)Other segment items are principally selling, general, and administrative expenses allocated to segments.
(3)During fiscal years 2026 and 2025, we divested businesses from our U.S. Services and Outside the U.S. Segments, respectively. See "Note 6. Divestitures" for additional information.
(4)Other expenses include credits and costs that are not allocated to a particular segment.
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