Quarterly report pursuant to Section 13 or 15(d)

Segment Data

v2.4.0.8
Segment Data
6 Months Ended
Mar. 31, 2014
Segment Data [Abstract]  
Segment Data
11. Segment Data

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
   
Six Months Ended
 
 
 
March 31,
   
March 31,
 
(In Thousands)
 
2014
   
2013
   
2014
   
2013
 
 
 
   
   
   
 
Direct Hire Placement Services
 
   
   
   
 
Revenue – net
 
$
1,776
   
$
2,058
   
$
3,514
   
$
4,214
 
Placement services gross margin
   
100
%
   
100
%
   
100
%
   
100
%
Operating loss
   
(407
)
   
(742
)
   
(742
)
   
(1,015
)
Depreciation & amortization
   
51
     
56
     
109
     
112
 
Accounts receivable – net
   
940
     
1,103
     
940
     
1,103
 
Intangible assets – net
   
287
     
406
     
287
     
406
 
Goodwill
   
24
     
24
     
24
     
24
 
Total assets
   
4,616
     
2,499
     
4,616
     
2,499
 
 
                               
Contract Staffing Services
                               
Industrial services revenue – net
   
6,194
     
7,056
     
13,087
     
15,432
 
Professional services revenue – net
   
1,664
     
2,307
     
3,840
     
4,792
 
Industrial services gross margin
   
10.0
%
   
11.4
%
   
10.6
%
   
11.9
%
Professional services gross margin
   
31.6
%
   
31.9
%
   
31.6
%
   
33.7
%
Operating (loss) income
 
$
(320
)
 
$
(40
)
 
$
(212
)
 
$
433
 
Depreciation and amortization
   
61
     
66
     
128
     
131
 
Accounts receivable net – industrial services
   
4,234
     
4,316
     
4,234
     
4,316
 
Accounts receivable net – professional services
   
830
     
1,001
     
830
     
1,001
 
Intangible assets – net
   
1,434
     
1,638
     
1,434
     
1,638
 
Goodwill
   
1,082
     
1,082
     
1,082
     
1,082
 
Total assets
   
5,748
     
8,163
     
5,748
     
8,163
 
 
                               
Consolidated
                               
Revenue –net
 
$
9,634
   
$
11,422
   
$
20,441
   
$
24,439
 
Operating loss
   
(727
)
   
(782
)
   
(954
)
   
(582
)
Depreciation and amortization
   
112
     
122
     
238
     
243
 
Total accounts receivable – net
   
6,004
     
6,420
     
6,004
     
6,420
 
Intangible assets – net
   
1,721
     
2,044
     
1,721
     
2,044
 
Goodwill
   
1,106
     
1,106
     
1,106
     
1,106
 
Assets from continuing operations
   
10,364
     
10,662
     
10,364
     
10,662
 
Assets from discontinued operations
   
229
     
549
     
229
     
549
 
Total assets
 
$
10,593
   
$
11,211
   
$
10,593
   
$
11,211