Quarterly report pursuant to Section 13 or 15(d)

Significant Accounting Policies (Tables)

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Significant Accounting Policies (Tables)
 9 Months Ended
Jun. 30, 2024
Accounting Policies [Abstract]  
Schedule of Cash and Cash Equivalents
The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the Consolidated Balance Sheets that sum to the total of the same such amounts shown in the Consolidated Statements of Cash Flows (unaudited, in thousands):

June 30, 2024 June 30, 2023
Cash and cash equivalents $ 56,327  $ 54,878 
Restricted cash 2,116  71 
Total cash, cash equivalents, and restricted cash $ 58,443  $ 54,949 
Schedule of Restricted Cash
The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the Consolidated Balance Sheets that sum to the total of the same such amounts shown in the Consolidated Statements of Cash Flows (unaudited, in thousands):

June 30, 2024 June 30, 2023
Cash and cash equivalents $ 56,327  $ 54,878 
Restricted cash 2,116  71 
Total cash, cash equivalents, and restricted cash $ 58,443  $ 54,949 
Schedule of Concentration Risk Customers that accounted for more than 10% of consolidated revenues during the three and nine months ended June 30, 2024 and 2023 are presented below:
% of Consolidated Revenues
For the Three Months Ended June 30, For the Nine Months Ended June 30,
2024 2023 2024 2023
North Carolina Department of Transportation 12.5% 11.2% 10.3% *
Florida Department of Transportation 13.4% 11.2% 13.9% 10.2%
* Less than 10%
Schedule of Revenue by Major Customers The following table reflects, for the periods presented, the percentage of (i) revenues generated from public infrastructure construction projects and the sale of construction materials to public customers and (ii) revenues generated from private infrastructure construction projects and the sale of construction materials to private customers.
% of Consolidated Revenues
For the Three Months Ended June 30, For the Nine Months Ended June 30,
2024 2023 2024 2023
Private 35.6  % 36.8  % 39.2  % 39.0  %
Public 64.4  % 63.2  % 60.8  % 61.0  %