Annual report pursuant to Section 13 and 15(d)

Segment Data (Tables)

v3.20.4
Segment Data (Tables)
12 Months Ended
Sep. 30, 2020
Schedule of Segment Reporting Information

 

 

Year Ended September 30,

 

 

 

2020

 

 

2019

 

Industrial Staffing Services

 

 

 

 

 

 

Industrial services revenue

 

$

17,560

 

 

$

21,710

 

Industrial services gross margin1

 

 

21.7

%

 

 

20.8

 

Operating (loss) income

 

$

(70

)

 

$

2,193

 

Depreciation and amortization

 

 

274

 

 

 

263

 

Accounts receivable – net

 

 

2,470

 

 

 

3,660

 

Intangible assets

 

 

17

 

 

 

246

 

Goodwill

 

 

1,084

 

 

 

1,084

 

Total assets

 

$

5,060

 

 

$

4,990

 

 

 

 

 

 

 

 

 

 

Professional Staffing Services

 

 

 

 

 

 

 

 

Permanent placement revenue

 

$

15,309

 

 

$

18,531

 

Placement services gross margin

 

 

100

%

 

 

100

 

Professional services revenue

 

$

96,966

 

 

$

111,433

 

Professional services gross margin

 

 

26.4

%

 

 

26.0

 

Operating income

 

$

(3,480

)

 

$

3,338

 

Depreciation and amortization

 

 

5,012

 

 

 

5,672

 

Accounts receivable – net

 

 

13,577

 

 

 

17,166

 

Intangible assets

 

 

18,826

 

 

 

23,635

 

Goodwill

 

 

62,359

 

 

 

71,209

 

Total assets

 

$

114,953

 

 

$

119,491

 

 

 

 

 

 

 

 

 

 

Unallocated Expenses

 

 

 

 

 

 

 

 

Corporate administrative expenses2

 

$

8,312

 

 

$

7,964

 

Corporate facility expenses

 

 

377

 

 

 

332

 

Stock compensation expense

 

 

1,559

 

 

 

2,186

 

Board related expenses

 

 

35

 

 

 

2

 

Total unallocated expenses

 

$

10,283

 

 

$

10,484

 

 

 

 

 

 

 

 

 

 

Consolidated

 

 

 

 

 

 

 

 

Total revenue

 

$

129,835

 

 

$

151,674

 

Operating loss

 

 

(13,833

)

 

 

(4,953

)

Depreciation and amortization

 

 

5,286

 

 

 

5,935

 

Total accounts receivables – net

 

 

16,047

 

 

 

20,826

 

Intangible assets

 

 

18,843

 

 

 

23,881

 

Goodwill

 

 

63,443

 

 

 

72,293

 

Total assets

 

$

120,013

 

 

$

124,481