| Schedule of financial information for each of the Company's business segments |
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| Table 3: Results of Operation by Business Segment (1) |
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For the Three Months Ended |
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December 31, 2021 |
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December 31, 2020 |
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Amount |
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% (2) |
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Amount |
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% (2) |
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(dollars in thousands) |
| Revenue: |
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| U.S. Services |
$ |
386,417 |
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$ |
384,934 |
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| U.S. Federal Services |
581,871 |
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405,245 |
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| Outside the U.S. |
182,588 |
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155,375 |
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| Revenue |
$ |
1,150,876 |
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$ |
945,554 |
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| Gross profit: |
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| U.S. Services |
$ |
89,699 |
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23.2 % |
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$ |
99,002 |
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25.7 % |
| U.S. Federal Services |
126,576 |
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21.8 % |
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82,496 |
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20.4 % |
| Outside the U.S. |
11,880 |
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6.5 % |
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24,557 |
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15.8 % |
| Gross profit |
$ |
228,155 |
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19.8 % |
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$ |
206,055 |
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21.8 % |
| Selling, general, and administrative expenses: |
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| U.S. Services |
$ |
35,102 |
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9.1 % |
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$ |
37,456 |
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9.7 % |
| U.S. Federal Services |
64,925 |
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11.2 % |
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52,252 |
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12.9 % |
| Outside the U.S. |
21,340 |
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11.7 % |
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20,032 |
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12.9 % |
| Other (3) |
2,854 |
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NM |
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2,227 |
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NM |
| Selling, general, and administrative expenses |
$ |
124,221 |
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10.8 % |
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$ |
111,967 |
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11.8 % |
| Operating income: |
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| U.S. Services |
$ |
54,597 |
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14.1 % |
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$ |
61,546 |
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16.0 % |
| U.S. Federal Services |
61,651 |
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10.6 % |
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30,244 |
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7.5 % |
| Outside the U.S. |
(9,460) |
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(5.2) % |
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4,525 |
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2.9 % |
| Amortization of intangible assets |
(22,405) |
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NM |
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(6,516) |
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NM |
| Other (3) |
(2,854) |
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NM |
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(2,227) |
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NM |
| Operating income |
$ |
81,529 |
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7.1 % |
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$ |
87,572 |
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9.3 % |
(1)Expenses that are not specifically included in the segments are included in other categories, including amortization of intangible assets and the direct costs of acquisitions. These costs are excluded from measuring each segment's operating performance.
(2)Percentage of respective segment revenue. Percentages not considered meaningful are marked "NM."
(3)Other selling, general, and administrative expenses includes 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.
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