IES Holdings(US:IESC)2024-11-22 12:50Employment and Workforce - As of September 30, 2024, the company had 9,485 employees, with 9,423 being full-time employees[79] - The company has established two residential education centers to train employees in technical skills necessary for careers in residential contracting[83] - The company has not experienced any work stoppage and maintains a strong relationship with its employees[79] Operations and Locations - The company operates 131 domestic locations, including 24 in Communications, 75 in Residential, 13 in Infrastructure Solutions, and 17 in Commercial & Industrial[87] Financial Performance and Investments - The company reported an unrealized gain of $1.8 million from changes in market value of investments measured at fair value for the year ended September 30, 2024[328] - The company had investments in marketable securities with a fair value of $35.0 million as of September 30, 2024, with a 10% change in market value potentially impacting pre-tax income by $3.5 million[328] - The company had no borrowings outstanding under its revolving credit facility as of September 30, 2024[329] Risk Factors - The company is exposed to fluctuations in commodity prices, including copper, aluminum, and steel, which may impact operational results due to fixed-price contracts[327] - The company utilizes SOFR as the benchmark for establishing interest rates on borrowings under its revolving credit facility, exposing it to interest rate risk[329] Diversity and Inclusion - The company has a commitment to diversity and inclusion, prohibiting discrimination based on various factors, including race, gender, and disability[80]