Quarterly report pursuant to Section 13 or 15(d)

Segment Data (Tables)

v3.8.0.1
Segment Data (Tables)
3 Months Ended
Dec. 31, 2017
Segment Data Tables  
Schedule of Segment Reporting Information

    Three Months Ended  
    December 31,  
(In Thousands)   2017     2016  
             
Industrial Staffing Services            
Industrial services revenue   $ 5,872     $ 5,981  
Industrial services gross margin     15.6 %     16.4 %
Operating income   $ 253     $ 340  
Depreciation & amortization     66       73  
Accounts receivable – net     3,521       3,497  
Intangible assets     637       854  
Goodwill     519       1,084  
Total assets   $ 4,177     $ 7,629  
                 
Professional Staffing Services                
Permanent placement revenue   $ 5,771     $ 1,150  
Placement services gross margin     100 %     100 %
Professional services revenue   $ 33,589     $ 13,875  
Professional services gross margin     27.0 %     23.9 %
Operating income   $ 2,477     $ 1,048  
Depreciation and amortization     1,427       375  
Accounts receivable – net     19,148       9,080  
Intangible assets     33,016       9,871  
Goodwill     76,074       17,506  
Total assets   $ 134,844     $ 38,631  
                 
Unallocated Expenses                
Corporate administrative expenses   $ 817     $ 601  
Corporate facility expenses     105       74  
Stock option amortization expense     293       194  
Board related expenses     -       19  
Acquisition, integration and restructuring expenses     40       23  
Total unallocated expenses   $ 1,255     $ 911  
                 
Consolidated                
Total revenue   $ 45,232     $ 21,006  
Operating income     1,475       477  
Depreciation and amortization     1,493       448  
Total accounts receivables – net     22,669       12,577  
Intangible assets     33,653       10,725  
Goodwill     76,593       18,590  
Total assets   $ 139,021     $ 46,260