Quarterly report pursuant to Section 13 or 15(d)

Business Segments (Tables)

v3.22.2
Business Segments (Tables)
9 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Schedule of Financial Information for each of the Company's Business Segments
Table 3: Results of Operation by Business Segment
For the Three Months Ended For the Nine Months Ended
June 30, 2022 June 30, 2021 June 30, 2022 June 30, 2021
Amount % (1) Amount % (1) Amount % (1) Amount % (1)
(dollars in thousands)
Revenue:
U.S. Services $ 399,320  $ 436,338  $ 1,183,814  $ 1,269,487 
U.S. Federal Services 525,519  617,601  1,680,678  1,352,982 
Outside the U.S. 200,946  189,581  589,495  525,885 
Revenue $ 1,125,785  $ 1,243,520  $ 3,453,987  $ 3,148,354 
Gross profit:
U.S. Services $ 74,135  18.6 % $ 104,814  24.0 % $ 248,805  21.0 % $ 323,256  25.5 %
U.S. Federal Services 124,203  23.6 % 155,776  25.2 % 365,932  21.8 % 312,405  23.1 %
Outside the U.S. 11,883  5.9 % 31,266  16.5 % 52,090  8.8 % 92,908  17.7 %
Gross profit $ 210,221  18.7 % $ 291,856  23.5 % $ 666,827  19.3 % $ 728,569  23.1 %
Selling, general, and administrative expenses:
U.S. Services $ 42,351  10.6 % $ 42,606  9.8 % $ 115,726  9.8 % $ 116,655  9.2 %
U.S. Federal Services 69,466  13.2 % 69,647  11.3 % 203,340  12.1 % 172,877  12.8 %
Outside the U.S. 23,101  11.5 % 22,973  12.1 % 68,452  11.6 % 65,018  12.4 %
Other (2) (1,944) NM 4,903  NM (16) NM 9,948  NM
Selling, general, and administrative expenses $ 132,974  11.8 % $ 140,129  11.3 % $ 387,502  11.2 % $ 364,498  11.6 %
Operating income/(loss):
U.S. Services $ 31,784  8.0 % $ 62,208  14.3 % $ 133,079  11.2 % $ 206,601  16.3 %
U.S. Federal Services 54,737  10.4 % 86,129  13.9 % 162,592  9.7 % 139,528  10.3 %
Outside the U.S. (11,218) (5.6) % 8,293  4.4 % (16,362) (2.8) % 27,890  5.3 %
Amortization of intangible assets (22,690) NM (12,132) NM (67,951) NM (23,718) NM
Other (2) 1,944  NM (4,903) NM 16  NM (9,948) NM
Operating income $ 54,557  4.8 % $ 139,595  11.2 % $ 211,374  6.1 % $ 340,353  10.8 %
(1)Percentage of respective segment revenue. Percentages not considered meaningful are marked "NM."
(2)Other selling, general, and administrative expenses includes costs that are not allocated to a particular segment. This includes legal expenses and settlements and 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, 2022 included a $2.3 million credit related to changes in acquisition related contingent consideration. See "Note 6. Business Combinations" for more information.