XML 34 R22.htm IDEA: XBRL DOCUMENT v3.25.2
Reportable Segments
9 Months Ended
Jun. 29, 2025
Segment Reporting [Abstract]  
Reportable Segments Reportable Segments
We manage our operations under two reportable segments. Our GSG reportable segment primarily includes activities with U.S. government clients (federal, state and local) and all activities with development agencies worldwide. Our CIG reportable segment primarily includes activities with U.S. commercial clients and international clients other than development agencies.
GSG provides high-end consulting and engineering services primarily to U.S. government clients (federal, state and local) and international development agencies worldwide. GSG supports U.S. government civilian and defense agencies with services in water, environment, sustainable infrastructure, information technology and disaster management. GSG also provides engineering design services for U.S. based federal and municipal clients, especially in water infrastructure, flood protection and solid waste. GSG also leads our support for development agencies worldwide, especially in the United States, United Kingdom and Australia.
CIG primarily provides high-end consulting and engineering services to U.S. commercial clients, and international clients inclusive of the commercial and government sectors. CIG supports commercial clients worldwide in energy, industrial, high performance buildings and aerospace markets. CIG also provides sustainable infrastructure and related environmental, engineering and project management services to commercial and local government clients across Canada, in Asia Pacific (primarily Australia and New Zealand), Europe, the United Kingdom and South America (primarily Brazil).
Management evaluates the performance of these reportable segments based upon their respective segment operating income before the effect of amortization expense related to acquisitions, and other unallocated corporate expenses. We account for inter-segment revenues and transfers as if they were to third parties; that is, by applying a negotiated fee onto the costs of the services performed. All significant intercompany balances and transactions are eliminated in consolidation.
In the first nine months of fiscal 2025, our Corporate Segment's operating income includes a non-recurring charge of $115.0 million related to legal contingencies as described in Note 17, "Commitments and Contingencies". This charge is reported separately as "Legal contingency costs" in our consolidated statement of income for the first nine months of fiscal 2025. Of this amount, we paid $57 million in the second quarter of fiscal 2025. Subsequent to the end of the third quarter of fiscal 2025, we paid an additional $40 million, and we expect to pay the remainder of these legal contingency costs within the next 12 months. In the first nine months of fiscal 2025, we also recorded a non-cash goodwill impairment charge of $92.4 million related to our GDS reporting unit, which resulted from the cancellation of USAID programs in the second quarter of fiscal 2025.
The following tables summarize financial information regarding our reportable segments (in thousands):

 Three Months EndedNine Months Ended
 June 29,
2025
June 30,
2024
June 29,
2025
June 30,
2024
 
Revenue    
GSG$673,022 $640,553 $2,086,229 $1,812,721 
CIG715,746 723,617 2,082,818 2,063,879 
Elimination of inter-segment revenue(18,952)(19,847)(56,557)(52,395)
Total revenue$1,369,816 $1,344,323 $4,112,490 $3,824,205 
Income from operations    
GSG$90,726 $71,518 $246,112 $198,652 
CIG96,103 86,465 250,550 233,821 
Corporate (1)
(21,843)(29,353)(269,548)(75,078)
Total income from operations$164,986 $128,630 $227,114 $357,395 
(1)     Includes amortization of intangibles, goodwill impairment charges, certain legal contingency costs, as well as other costs and other income not allocable to our reportable segments.
As of
 June 29,
2025
September 29,
2024
 
Total Assets  
GSG$703,419 $658,493 
CIG1,109,686 1,059,915 
Corporate (1)
2,540,342 2,474,268 
Total assets$4,353,447 $4,192,676 
(1)    Corporate assets consist of intercompany eliminations and assets not allocated to our reportable segments including goodwill, intangible assets, deferred income taxes and certain other assets.