SEGMENT REPORTING (Tables)

9 Months Ended

Oct. 31, 2024

SEGMENT REPORTING

Schedule of operating results and financial position data of the Company's reportable business segments

Three Months Ended	Power		Industrial		Telecom
October 31, 2024	Services		Services		Services		Other		Totals
Revenues	$	212,096	$	41,337	$	3,575	$	—	$	257,008
Cost of revenues		173,283		36,757		2,641		—		212,681
Gross profit		38,813		4,580		934		—		44,327
Selling, general and administrative expenses		8,466		1,848		705		2,976		13,995
Income (loss) from operations		30,347		2,732		229		(2,976)		30,332
Other income (loss), net		5,618		1		(1)		1,028		6,646
Income (loss) before income taxes	$	35,965	$	2,733	$	228	$	(1,948)		36,978
Income tax expense										8,968
Net income									$	28,010
Amortization of intangibles	$	—	$	98	$	—	$	—	$	98
Depreciation		158		166		109		—		433
Property, plant and equipment additions		2,304		236		5		2		2,547
Current assets	$	542,558	$	50,294	$	4,236	$	120,053	$	717,141
Current liabilities		411,735		20,663		2,131		1,635		436,164
Goodwill		18,476		9,467		90		—		28,033
Total assets		572,828		67,172		6,673		122,191		768,864

Three Months Ended	Power		Industrial		Telecom
October 31, 2023	Services		Services		Services		Other		Totals
Revenues	$	121,300	$	38,434	$	4,021	$	—	$	163,755
Cost of revenues		107,781		33,899		2,840		—		144,520
Gross profit		13,519		4,535		1,181		—		19,235
Selling, general and administrative expenses		6,390		1,626		608		2,751		11,375
Income (loss) from operations		7,129		2,909		573		(2,751)		7,860
Other income, net		3,391		—		—		342		3,733
Income (loss) before income taxes	$	10,520	$	2,909	$	573	$	(2,409)		11,593
Income tax expense										6,129
Net income									$	5,464
Amortization of intangibles	$	—	$	98	$	—	$	—	$	98
Depreciation		137		249		102		1		489
Property, plant and equipment additions		583		497		31		1		1,112
Current assets	$	399,489	$	39,843	$	3,701	$	71,038	$	514,071
Current liabilities		244,662		25,839		1,801		1,592		273,894
Goodwill		18,476		9,467		90		—		28,033
Total assets		426,466		57,112		6,519		73,555		563,652

Nine Months Ended	Power		Industrial		Telecom
October 31, 2024	Services		Services		Services		Other		Totals
Revenues	$	496,122	$	134,678	$	10,905	$	—	$	641,705
Cost of revenues		422,508		117,836		7,985		—		548,329
Gross profit		73,614		16,842		2,920		—		93,376
Selling, general and administrative expenses		21,786		5,686		1,984		8,392		37,848
Income (loss) from operations		51,828		11,156		936		(8,392)		55,528
Other income, net		14,386		2		2		2,654		17,044
Income (loss) before income taxes	$	66,214	$	11,158	$	938	$	(5,738)		72,572
Income tax expense										18,482
Net income									$	54,090
Amortization of intangibles	$	—	$	293	$	—	$	—	$	293
Depreciation		443		621		310		2		1,376
Property, plant and equipment additions		4,523		509		184		2		5,218

Nine Months Ended	Power		Industrial		Telecom
October 31, 2023	Services		Services		Services		Other		Totals
Revenues	$	296,821	$	101,497	$	10,461	$	—	$	408,779
Cost of revenues		255,210		88,537		7,831		—		351,578
Gross profit		41,611		12,960		2,630		—		57,201
Selling, general and administrative expenses		17,700		4,532		2,038		8,197		32,467
Income (loss) from operations		23,911		8,428		592		(8,197)		24,734
Other income (loss), net		9,088		—		(3)		(1,863)		7,222
Income (loss) before income taxes	$	32,999	$	8,428	$	589	$	(10,060)		31,956
Income tax expense										11,616
Net income									$	20,340
Amortization of intangibles	$	—	$	294	$	—	$	—	$	294
Depreciation		393		813		315		3		1,524
Property, plant and equipment additions		1,120		973		49		1		2,143