| Schedule of financial information for each of the Company's business segments |
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Three Months Ended June 30, |
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Nine Months Ended June 30, |
| (in thousands) |
|
2021 |
|
% (1) |
|
2020 |
|
% (1) |
|
2021 |
|
% (1) |
|
2020 |
|
% (1) |
| Revenue: |
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| U.S. Services |
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$ |
436,338 |
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$ |
336,950 |
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$ |
1,269,487 |
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$ |
957,929 |
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| U.S. Federal Services |
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617,601 |
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450,143 |
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1,352,982 |
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1,210,105 |
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| Outside the U.S. |
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189,581 |
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114,244 |
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525,885 |
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369,667 |
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| Total |
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$ |
1,243,520 |
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$ |
901,337 |
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$ |
3,148,354 |
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$ |
2,537,701 |
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| Gross profit: |
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| U.S. Services |
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$ |
104,814 |
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24.0% |
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$ |
93,029 |
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27.6% |
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$ |
323,256 |
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25.5% |
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$ |
268,073 |
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28.0% |
| U.S. Federal Services |
|
155,776 |
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25.2% |
|
84,723 |
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18.8% |
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312,405 |
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23.1% |
|
232,502 |
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19.2% |
| Outside the U.S. |
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31,266 |
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16.5% |
|
7,851 |
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6.9% |
|
92,908 |
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17.7% |
|
13,576 |
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3.7% |
| Total |
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$ |
291,856 |
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23.5% |
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$ |
185,603 |
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20.6% |
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$ |
728,569 |
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23.1% |
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$ |
514,151 |
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20.3% |
| Selling, general & administrative expense: |
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| U.S. Services |
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$ |
42,606 |
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9.8% |
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$ |
31,996 |
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9.5% |
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$ |
116,655 |
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9.2% |
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$ |
102,633 |
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10.7% |
| U.S. Federal Services |
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69,647 |
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11.3% |
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45,490 |
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10.1% |
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172,877 |
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12.8% |
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131,455 |
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10.9% |
| Outside the U.S. |
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22,973 |
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12.1% |
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13,668 |
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12.0% |
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65,018 |
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12.4% |
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47,125 |
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12.7% |
| Gain on sale of business (3) |
|
— |
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NM |
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(1,706) |
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NM |
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— |
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NM |
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(1,706) |
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NM |
| Other (2) |
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4,903 |
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NM |
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134 |
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NM |
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9,948 |
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NM |
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4,155 |
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NM |
| Total |
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$ |
140,129 |
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11.3% |
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$ |
89,582 |
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9.9% |
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$ |
364,498 |
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11.6% |
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$ |
283,662 |
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11.2% |
| Operating income: |
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| U.S. Services |
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$ |
62,208 |
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14.3% |
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$ |
61,033 |
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18.1% |
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$ |
206,601 |
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16.3% |
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$ |
165,440 |
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17.3% |
| U.S. Federal Services |
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86,129 |
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13.9% |
|
39,233 |
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8.7% |
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139,528 |
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10.3% |
|
101,047 |
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8.4% |
| Outside the U.S. |
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8,293 |
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4.4% |
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(5,817) |
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(5.1)% |
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27,890 |
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5.3% |
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(33,549) |
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(9.1)% |
| Amortization of intangible assets |
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(12,132) |
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NM |
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(8,712) |
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NM |
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(23,718) |
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NM |
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(26,734) |
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NM |
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| Gain on sale of business (3) |
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— |
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NM |
|
1,706 |
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NM |
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$ |
— |
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NM |
|
1,706 |
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|
NM |
| Other (2) |
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(4,903) |
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NM |
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(134) |
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NM |
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(9,948) |
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NM |
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(4,155) |
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NM |
| Total |
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$ |
139,595 |
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11.2% |
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$ |
87,309 |
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9.7% |
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$ |
340,353 |
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10.8% |
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$ |
203,755 |
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8.0% |
(1) Percentage of respective segment revenue. Percentages not considered meaningful are marked “NM.”
(2) Other selling, general, and administrative expenses includes credits and costs that are not allocated to a particular segment. This includes expenses incurred as part of our acquisitions, as well as potential acquisitions which have not been or may not be completed. Our results for the three and nine months ended June 30, 2021, included $5.6 million and $8.8 million, respectively, of expenses relating to the acquisitions of Attain, LLC, and VES Group, Inc. For more information, see "Note 5. Business Combinations." (3) During fiscal year 2020, we sold Q2 Administrators LLC, a subsidiary within our U.S. Federal Services Segment, resulting in a gain.
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