Quarterly report pursuant to Section 13 or 15(d)

Segment Data

v2.4.0.8
Segment Data
 3 Months Ended
Dec. 31, 2013
Segment Data [Abstract]  
Segment Data
9. Segment Data

As a result of the acquisition of certain of the assets of DMCC and RFFG of Cleveland the Company’s internal reporting was adjusted and as a result, the Company re-assessed its segment presentation.

The Company provides the following distinctive services: (a) direct hire placement services, (b) temporary professional services staffing in the fields of information technology, engineering, and accounting, and (c) temporary light industrial staffing. Intersegment net service revenues are not significant. Revenues generated from the temporary professional services staffing and light industrial staffing are classified as contract staffing services revenues in the statements of operations. Selling, general and administrative expenses are not separately allocated among agricultural, professional services or industrial staffing services within the contract staffing services sector for internal reporting purposes.

  
Three Months Ended
  
 
  
December 31,
  
    (In Thousands)
  
2013
    
2012
  
 
  
   
 
Direct Hire Placement Services
  
   
 
Revenue - net
  
$
1,738
    
$
2,156
  
Placement services gross margin
    
100
%
    
100
%
Operating loss
    
(313
)
    
(273
)
Depreciation & amortization
    
59
      
56
  
Accounts receivable – net
    
679
      
1,137
  
Intangible assets - net
    
317
      
435
  
Goodwill
    
24
      
24
  
Total assets
    
4,367
      
2,869
  
 
Contract Staffing Services
    
       
 
Industrial services revenue – net
    
6,893
      
8,376
  
Professional services revenue – net
    
2,176
      
2,485
  
Industrial services gross margin
    
12.90
%
    
13.20
%
Professional services gross margin
    
31.90
%
    
34.90
%
Operating income
  
 
206
    
 
545
  
Depreciation and amortization
    
66
      
65
  
Accounts receivable net – industrial services
    
4,624
      
4,745
  
Accounts receivable net – professional services
    
856
      
1,075
  
Intangible assets - net
    
1,486
      
1,690
  
Goodwill
    
1,082
      
1,082
  
Total assets
    
5,617
      
8,345
  
 
                
Consolidated
                
Revenue -net
    
10,807
      
13,017
  
Operating income
    
(107
)
    
272
  
Depreciation and amortization
    
125
      
121
  
Total accounts receivable – net
    
6,159
      
6,957
  
Intangible assets – net
    
1,803
      
2,125
  
Goodwill
    
1,106
      
1,106
  
 
                
Assets from continuing operations
    
9,984
      
11,214
  
Assets from discontinued operations
    
234
      
654
  
Total assets
  
$
10,218
    
$
11,868