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Segment Reporting (Tables)
3 Months Ended
Mar. 29, 2024
Segment Reporting [Abstract]  
Segment Reporting Information, by Segment

Segment information for the three months ended March 29, 2024 and March 31, 2023 follows:

 

Revenues

 

 

Three Months Ended

 

(In thousands)

 

March 29,
2024

 

 

March 31,
2023

 

Engineering and Other Scientific

 

$

121,471

 

 

$

117,048

 

Environmental and Health

 

 

23,462

 

 

 

23,261

 

Total revenues

 

$

144,933

 

 

$

140,309

 

 

 

Operating Income

 

 

Three Months Ended

 

(In thousands)

 

March 29,
2024

 

 

March 31,
2023

 

Engineering and Other Scientific

 

$

48,631

 

 

$

43,619

 

Environmental and Health

 

 

8,236

 

 

 

7,554

 

Total segment operating income

 

 

56,867

 

 

 

51,173

 

Corporate operating expense

 

 

(26,154

)

 

 

(22,053

)

Total operating income

 

$

30,713

 

 

$

29,120

 

 

 

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

 

(In thousands)

 

March 29,
2024

 

 

March 31,
2023

 

Engineering and Other Scientific

 

$

417

 

 

$

1,408

 

Environmental and Health

 

 

29

 

 

 

95

 

Total segment capital expenditures

 

 

446

 

 

 

1,503

 

Corporate capital expenditures

 

 

1,063

 

 

 

4,358

 

Total capital expenditures

 

$

1,509

 

 

$

5,861

 

 

 

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

 

(In thousands)

 

March 29,
2024

 

 

March 31,
2023

 

Engineering and Other Scientific

 

$

1,628

 

 

$

1,306

 

Environmental and Health

 

 

49

 

 

 

48

 

Total segment depreciation and amortization

 

 

1,677

 

 

 

1,354

 

Corporate depreciation and amortization

 

 

647

 

 

 

634

 

Total depreciation and amortization

 

$

2,324

 

 

$

1,988