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Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Segment Reporting Information, by Segment

Segment information for the three and six months ended June 30, 2023 and July 1, 2022 follows:

Revenues

 

 

 

Three Months Ended

 

 

Six Months Ended

 

(In thousands)

 

June 30,
2023

 

 

July 1,
2022

 

 

June 30,
2023

 

 

July 1,
2022

 

Engineering and Other Scientific

 

$

116,647

 

 

$

109,150

 

 

$

233,695

 

 

$

213,765

 

Environmental and Health

 

 

23,574

 

 

 

21,131

 

 

 

46,835

 

 

 

44,994

 

Total revenues

 

$

140,221

 

 

$

130,281

 

 

$

280,530

 

 

$

258,759

 

 

Operating Income

 

 

 

Three Months Ended

 

 

Six Months Ended

 

(In thousands)

 

June 30,
2023

 

 

July 1,
2022

 

 

June 30,
2023

 

 

July 1,
2022

 

Engineering and Other Scientific

 

$

38,711

 

 

$

40,032

 

 

$

82,330

 

 

$

78,522

 

Environmental and Health

 

 

7,521

 

 

 

6,846

 

 

 

15,075

 

 

 

14,681

 

Total segment operating income

 

 

46,232

 

 

 

46,878

 

 

 

97,405

 

 

 

93,203

 

Corporate operating expense

 

 

(16,357

)

 

 

(1,601

)

 

 

(38,410

)

 

 

(11,209

)

Total operating income

 

$

29,875

 

 

$

45,277

 

 

$

58,995

 

 

$

81,994

 

 

Certain operating expenses are excluded from the Company’s measure of segment operating income. These expenses include costs associated with its human resources, finance, information technology, and business development groups; the deferred compensation expense/benefit due to the change in value of assets associated with its deferred compensation plan; stock-based compensation associated with restricted stock unit and stock option awards; and the change in its allowance for contract losses and doubtful accounts.

Capital Expenditures

 

 

 

Three Months Ended

 

 

Six Months Ended

 

(In thousands)

 

June 30,
2023

 

 

July 1,
2022

 

 

June 30,
2023

 

 

July 1,
2022

 

Engineering and Other Scientific

 

$

1,261

 

 

$

1,616

 

 

$

2,669

 

 

$

2,180

 

Environmental and Health

 

 

19

 

 

 

6

 

 

 

114

 

 

 

56

 

Total segment capital expenditures

 

 

1,280

 

 

 

1,622

 

 

 

2,783

 

 

 

2,236

 

Corporate capital expenditures

 

 

8,287

 

 

 

3,034

 

 

 

12,645

 

 

 

5,215

 

Total capital expenditures

 

$

9,567

 

 

$

4,656

 

 

$

15,428

 

 

$

7,451

 

 

Certain capital expenditures associated with the Company’s corporate cost centers and the related depreciation are excluded from the Company’s segment information.

 

Depreciation and Amortization

 

 

 

Three Months Ended

 

 

Six Months Ended

 

(In thousands)

 

June 30,
2023

 

 

July 1,
2022

 

 

June 30,
2023

 

 

July 1,
2022

 

Engineering and Other Scientific

 

$

1,372

 

 

$

1,154

 

 

$

2,678

 

 

$

2,193

 

Environmental and Health

 

 

54

 

 

 

41

 

 

 

102

 

 

 

83

 

Total segment depreciation and
   amortization

 

 

1,426

 

 

 

1,195

 

 

 

2,780

 

 

 

2,276

 

Corporate depreciation and amortization

 

 

760

 

 

 

617

 

 

 

1,394

 

 

 

1,225

 

Total depreciation and amortization

 

$

2,186

 

 

$

1,812

 

 

$

4,174

 

 

$

3,501