Income Statement

v3.7.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
NET REVENUES:        
Contract staffing services $ 40,100 $ 20,311 $ 80,046 $ 55,917
Direct hire placement services 5,969 1,671 8,578 5,356
NET REVENUES 46,069 21,982 88,624 61,273
Cost of contract services 29,015 15,708 60,472 43,675
GROSS PROFIT 17,054 6,274 28,152 17,598
Selling, general and administrative expenses 15,546 5,205 24,852 14,856
Acquisition, integration and restructuring expense 2,206 29 2,306 597
Depreciation expense 178 103 328 245
Amortization of intangible assets 1,570 415 2,308 1,187
INCOME (LOSS) FROM OPERATIONS (2,446) 522 (1,642) 713
Change in contingent consideration 425 581
Loss on extinguishment of debt (994) (994)
Interest expense (2,378) (418) (3,130) (1,152)
INCOME (LOSS) BEFORE INCOME TAX PROVISION (5,818) 529 (5,766) 142
Provision for income tax (202) (1) (332) (1)
NET INCOME (LOSS) (6,020) 528 (6,098) 141
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (6,020) $ 528 $ (6,098) $ 141
BASIC INCOME (LOSS) PER SHARE $ (0.61) $ 0.06 $ (0.64) $ 0.02
WEIGHTED AVERAGE NUMBER OF SHARES - BASIC 9,879 9,373 9,546 9,292
DILUTED INCOME (LOSS) PER SHARE $ (0.61) $ 0.05 $ (0.64) $ 0.01
WEIGHTED AVERAGE NUMBER OF SHARES - DILUTED 9,879 9,857 9,546 9,866

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