v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Statement of Cash Flows [Abstract]    
Net income (loss) $ 202,080 $ 130,273
Bad debt expense (102) 265
Deferred financing cost amortization 305 177
Depreciation and amortization 28,765 23,035
Gain (Loss) on Disposition of Property Plant Equipment 299 (179)
Non-cash compensation expense 7,316 5,085
Deferred income taxes 8,325 228
Unrealized Gain (Loss) on Investments (34,621) (7,829)
Business Combination, Achieved in Stages, Preacquisition Equity Interest in Acquiree, Remeasurement, Gain (2,818) 0
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions (4,226) 0
Increase (Decrease) in Debt Securities, Trading, and Equity Securities, FV-NI (78,748) (23,016)
Accounts receivable (82,340) (43,976)
Inventories (13,019) 5,673
Costs and estimated earnings in excess of billings (22,386) (27,277)
Prepaid expenses and other current assets (20,579) (11,292)
Other non-current assets (317) (2,929)
Accounts payable and accrued expenses 35,547 8,628
Billings in excess of costs and estimated earnings 108,753 4,633
Other non-current liabilities (1,247) 605
Net cash provided by operating activities 130,987 62,104
Capital expenditures (78,407) (30,122)
Proceeds from sale of assets 386 527
Payments to Acquire Businesses, Net of Cash Acquired 143,108 22,609
Net cash used in investing activities (221,129) (97,104)
Borrowings of debt 90,000 976,400
Repayments of debt (55,000) (976,400)
Cash paid for finance leases (2,219) (2,173)
Distribution to noncontrolling interest (890) (4,967)
Purchase of treasury stock (19,390) (36,265)
Net cash used in financing activities 12,501 (43,405)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (77,641) (78,405)
CASH, CASH EQUIVALENTS, beginning of period 127,171 100,832
CASH, CASH EQUIVALENTS, end of period 49,530 22,427
Cash paid for interest 1,459 355
Cash paid for income taxes (net) 34,616 64,197
Payments to Acquire Investments $ 0 $ (44,900)