Annual report pursuant to Section 13 and 15(d)

Concentrations of credit risk and major customers

v3.5.0.2
Concentrations of credit risk and major customers
12 Months Ended
Sep. 30, 2016
Risks and Uncertainties [Abstract]  
Concentrations of credit risk and major customers
Concentrations of credit risk and major customers
Financial instruments that potentially subject us to significant concentrations of credit risk consist primarily of accounts receivable - billed, billable and unbilled.
The majority of our business is in the U.S. Revenue from foreign projects and offices was 28%, 26% and 23% of total revenue for the years ended September 30, 2016, 2015 and 2014, respectively.
In the year ended September 30, 2016, approximately 46% of our total revenue was derived from state government agencies, many of whose programs received significant federal funding, 26% from foreign government agencies, 22% from U.S.-based Federal Government agencies, and 6% from other sources including local municipalities and commercial customers. We believe that the credit risk associated with our receivables is limited due to the credit worthiness of these customers.
During fiscal year 2016, the U.S. Federal Government, the U.K. Government and the state of New York each provided more than 10% of our annual revenue. Revenue from the U.S. Federal Government was exclusively within the U.S. Federal Segment. Revenue from the U.K. Government was both within the Health Services and Human Services Segments. Revenue from the state of New York was exclusively within our Health Services Segment. The proportion of revenue recognized from customers providing in excess of 10% of our consolidated revenue for each of the three years ended September 30, 2016 was from the following governments:
 
Year ended
September 30,
 
2016
 
2015
 
2014
U.S. Federal Government
22
%
 
20
%
 
17
%
United Kingdom
16
%
 
*

 
*

New York
12
%
 
10
%
 
*

Australia
*

 
*

 
10
%
California
*

 
*

 
10
%
Texas
*

 
*

 
10
%

_________________________________________
*
Government provided less than 10% of our consolidated revenue in this year.