Annual report pursuant to Section 13 and 15(d)

Concentrations of credit risk and major customers

v3.10.0.1
Concentrations of credit risk and major customers
12 Months Ended
Sep. 30, 2018
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 United States. Revenue from foreign projects and offices was 29%, 28% and 28% of total revenue for the years ended September 30, 2018, 2017 and 2016, respectively.
For each of the years ended September 30, 2018, our total revenue was derived from the following customers:
 
Year ended
September 30,
 
2018
 
2017
 
2016
State and local government agencies
51
%
 
49
%
 
46
%
Foreign government agencies
27
%
 
26
%
 
26
%
U.S. Federal Government agencies
16
%
 
19
%
 
22
%
Other sources
6
%
 
6
%
 
6
%

Many of the state government agency programs receive significant federal funding. The other sources include local municipalities and commercial customers. We believe that the credit risk associated with our receivables is limited due to the creditworthiness of these customers.
During fiscal year 2018, the U.S. Federal Government, the U.K. Government, the Australia Government and the State of New York each provided more than 10% of our annual revenue. Within these governments, we may be serving several distinct agencies. 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. Revenue from the Australian Government was exclusively within our Human 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, 2018, was as follows:
 
Year ended
September 30,
 
2018
 
2017
 
2016
U.S. Federal Government
16
%
 
19
%
 
22
%
New York
16
%
 
15
%
 
12
%
United Kingdom
12
%
 
12
%
 
16
%
Australia
10
%
 
*

 
*


______________________

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