戴康工业 2026年季度报告

(Mark One) Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreportingcompany,”and“emerginggrowthcompany”inRule12b-2oftheExchangeAct. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ There were 30,031,455 shares of common stock with a par value of $0.33 1/3 outstanding at May26, 2026. Dycom Industries, Inc.Table of Contents PART I - FINANCIAL INFORMATION Item 1. Financial Statements. DYCOM INDUSTRIES, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED BALANCE SHEETS(Dollars in thousands, except share amounts) May 2, 2026January 31, 2026 DYCOM INDUSTRIES, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME(Dollars in thousands, except share amounts) DYCOM INDUSTRIES, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’EQUITY DYCOM INDUSTRIES, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(Dollars in thousands) NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 1. Basis of Presentation Dycom Industries, Inc. (“Dycom,” the “Company,” “we,” “our,” or “us”) is a leading provider of specialty contracting servicesfocused on the digital infrastructure, telecommunications and utilities industries throughout the United States. These services includeprogram management; planning; engineering and design; aerial, underground, and wireless construction; maintenance; and fulfillmentservices for telecommunications and digital infrastructure providers. We also provide underground facility locating services for variousutilities, including telecommunications providers, as well as other construction and maintenance services for electric and gas utilities.Additionally, with the acquisition of Power Solutions, LLC (“Power Solutions”) in the fourth quarter of fiscal 2026, we provide Accounting Period.Our fiscal year ends on the last Saturday in January. As a result, each fiscal year consists of either 52 weeks or53 weeks of operations (with the additional week of operations occurring in the fourth quarter). Fiscal 2027 consists of 52 weeks of The accompanying unaudited condensed consolidated financial statements of the Company and its subsidiaries, all of which arewholly-owned, have been prepared in accordance with accounting principles generally accepted in the United States of America(“GAAP”) for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X of the U.S.Securities and Exchange Commission (“SEC”). Accordingly, they do not include all of the information and notes required by GAAPfor annual financial statements and should be read in conjunction withManagement’sDiscussion and Analysis of Financial Conditionand Results of Operationscontained in this report and the Company’s audited financial statements included in the Company’s Annual Segment Information.The Company operates in two reportable segments, Communications and Building Systems and services areprovided on a decentralized basis. Each operating segment consists of a subsidiary (or in certain instances, the combination of two ormore subsidiaries), whose results are regularly reviewed by the Company’s Chief Executive Officer, the chief operating decisionmaker (“CODM”). All of the Company’s Communications operating segments have been aggregated into one reportable segmentbased on their similar economic characteristics, nature of services and production processes, type of customers, and servicedistribution methods. During fiscal 2026, following the acquisition of Power Solutions, LLC (“Power Solutions”), the CODMreevaluated the Company’s reportable segments, which resulted in the addition of the Building Systems segment as a component of 2. Significant Accounting Policies and Estimates There have been no material changes to the Company’s significant accounting policies and critical accounting estimates describedin the Company’s Annual Report on Form 10-K for fiscal 2026. Use of Estimates.The preparation of financial statements in conformity with GAAP requires management to make certainestimates and assumptions that affect the amounts reported in these condensed consolidated financial statements and accompanyingnotes. These estimates are based on our historical experience and management’s understanding of current facts and circumstances. At Per Share Data.Basic earnings per common share is computed based on the weighted average number of common sharesoutstanding during the period, excluding unvested r