Income Statement

v3.7.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
NET REVENUES:        
Contract staffing services $ 20,090 $ 19,607 $ 39,946 $ 35,606
Direct hire placement services 1,459 2,059 2,609 3,685
NET REVENUES 21,549 21,666 42,555 39,291
Cost of contract services 15,894 15,630 31,457 27,967
GROSS PROFIT 5,655 6,036 11,098 11,324
Selling, general and administrative expenses 4,811 5,143 9,306 9,651
Acquisition, integration and restructuring expense 77 122 100 568
Depreciation expense 71 76 150 142
Amortization of intangible assets 369 435 738 772
INCOME FROM OPERATIONS 327 260 804 191
Change in contingent consideration 156 156
Interest expense (392) (409) (752) (734)
INCOME (LOSS) BEFORE INCOME TAX PROVISION (65) 7 52 (387)
Provision for income tax (64) (130)
NET INCOME (LOSS) (129) 7 (78) (387)
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (129) $ 7 $ (78) $ (387)
BASIC INCOME (LOSS) PER SHARE $ (0.01) $ 0.00 $ (0.01) $ (0.04)
WEIGHTED AVERAGE NUMBER OF SHARES - BASIC 9,384,000 9,256,000 9,382,000 9,252,000
DILUTED INCOME (LOSS) PER SHARE $ (0.01) $ 0.00 $ (0.01) $ (0.04)
WEIGHTED AVERAGE NUMBER OF SHARES - DILUTED 9,384,000 9,779,000 9,382,000 9,252,000

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