Contract Assets and Liabilities (Tables)

9 Months Ended

Jun. 30, 2025

Revenue from Contract with Customer [Abstract]

Schedule of Costs and Estimated Earnings Compared to Billings on Uncompleted Contracts

Costs and estimated earnings compared to billings on uncompleted contracts at June 30, 2025 and September 30, 2024 consisted of the following (in thousands):

	June 30, 2025		September 30, 2024
	(unaudited)
Costs on uncompleted contracts	$	3,405,243	$	2,224,511
Estimated earnings to date on uncompleted contracts	412,813		271,719
	3,818,056		2,496,230
Billings to date on uncompleted contracts	(3,887,644)		(2,590,329)
Net billings in excess of costs and estimated earnings on uncompleted contracts	$	(69,588)	$	(94,099)

Significant changes to balances of costs and estimated earnings in excess of billings (contract asset) and billings in excess of costs and estimated earnings (contract liability) on uncompleted contracts from September 30, 2023 to June 30, 2024 and September 30, 2024 to June 30, 2025 are presented below (in thousands):

	Costs and Estimated Earnings in Excess of Billings on  Uncompleted Contracts		Billings in Excess of Costs and Estimated Earnings on  Uncompleted Contracts		Net Billings in Excess of Costs and Estimated Earnings on Uncompleted Contracts
September 30, 2023	$	27,296	$	(78,905)	$	(51,609)
Changes in revenue billed, contract price or cost estimates	5,254		(34,290)		(29,036)
June 30, 2024 (unaudited)	$	32,550	$	(113,195)	$	(80,645)
September 30, 2024	$	25,966	$	(120,065)	$	(94,099)
Changes in revenue billed, contract price or cost estimates	28,598		(4,087)		24,511
June 30, 2025 (unaudited)	$	54,564	$	(124,152)	$	(69,588)