| Segment Data |
14. 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.
Unallocated Corporate expenses primarily include, corporate legal
expenses, consulting expenses, audit fees, corporate rent and
facility costs, board fees and interest expense.
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Fiscal Year
Ended |
|
| |
|
September 30, |
|
|
(In Thousands)
|
|
2014 |
|
|
2013 |
|
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|
|
|
Direct Hire Placement Services
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|
|
|
|
|
|
|
|
|
Revenue
|
|
$ |
7,088 |
|
|
$ |
7,317 |
|
|
Placement services gross margin
|
|
|
100 |
% |
|
|
100 |
% |
|
Operating loss
|
|
|
(983 |
) |
|
|
(700 |
) |
|
Depreciation & amortization
|
|
|
230 |
|
|
|
224 |
|
|
Accounts receivable – net
|
|
|
805 |
|
|
|
625 |
|
|
Intangible assets
|
|
|
228 |
|
|
|
347 |
|
|
Goodwill
|
|
|
24 |
|
|
|
24 |
|
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Total assets
|
|
|
2,285 |
|
|
|
4,810 |
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|
|
|
|
|
|
|
|
|
Contract Staffing Services
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|
|
|
|
|
|
|
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Industrial services revenue
|
|
$ |
25,031 |
|
|
$ |
29,816 |
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Professional services revenue
|
|
|
7,692 |
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|
|
9,371 |
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Industrial services gross margin
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|
|
15.60 |
% |
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|
12.61 |
% |
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Professional services gross margin
|
|
|
31.10 |
% |
|
|
33.19 |
% |
|
Operating income
|
|
$ |
1,159 |
|
|
$ |
890 |
|
|
Depreciation and amortization
|
|
|
268 |
|
|
|
261 |
|
|
Accounts receivable – industrial services
|
|
|
3,318 |
|
|
|
4,778 |
|
|
Accounts receivable – professional services
|
|
|
784 |
|
|
|
1,294 |
|
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Intangible assets
|
|
|
1,332 |
|
|
|
1,537 |
|
|
Goodwill
|
|
|
1,082 |
|
|
|
1,082 |
|
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Total assets
|
|
$ |
7,559 |
|
|
$ |
6,184 |
|
|
|
|
|
|
|
|
|
|
|
Unallocated Expenses
|
|
|
|
|
|
|
|
|
|
Corporate administrative expenses
|
|
$ |
541 |
|
|
$ |
1,160 |
|
|
Corporate facility expenses
|
|
|
160 |
|
|
|
247 |
|
|
Board related expenses
|
|
|
93 |
|
|
|
98 |
|
|
Interest expense
|
|
|
507 |
|
|
|
251 |
|
|
|
|
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Total unallocated expenses
|
|
$ |
1,301 |
|
|
$ |
1,756 |
|
|
|
|
|
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|
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|
|
|
|
|
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Consolidated
|
|
|
|
|
|
|
|
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Total revenue
|
|
$ |
39,811 |
|
|
$ |
46,504 |
|
|
Operating loss
|
|
|
(1,125 |
) |
|
|
(1,566 |
) |
|
Depreciation and amortization
|
|
|
498 |
|
|
|
485 |
|
|
Total accounts receivables – net
|
|
|
4,907 |
|
|
|
6,697 |
|
|
Intangible assets
|
|
|
1,560 |
|
|
|
1,884 |
|
|
Goodwill
|
|
|
1,106 |
|
|
|
1,106 |
|
|
Assets from continuing operations
|
|
|
9,844 |
|
|
|
10,994 |
|
|
Assets from discontinued operations
|
|
|
0 |
|
|
|
238 |
|
|
Total assets
|
|
$ |
9,844 |
|
|
$ |
11,232 |
|
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|
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