| Segment Data |
5. Segment Data
The Company's segments consist of the following: (a) direct hire placement services, (b) temporary professional services staffing in the fields of information technology, engineering, and accounting, (c) temporary staffing in the agricultural industry, (d) temporary light industrial staffing and (e) management services. Intersegment net service revenues are not significant. Revenues generated from the temporary professional services staffing, temporary staffing in the agricultural industry 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) |
|
2012 |
|
|
2011 |
|
|
2012 |
|
|
2011 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
Direct Hire Placement Services |
|
|
|
|
|
|
|
|
|
|
|
|
Revenue - net |
|
$ |
1,638 |
|
|
$ |
990 |
|
|
$ |
3,511 |
|
|
$ |
1,913 |
|
Placement services gross margin |
|
|
100 |
% |
|
|
100 |
% |
|
|
100 |
% |
|
|
100 |
% |
Operating loss |
|
|
(601 |
) |
|
|
(108 |
) |
|
|
(803 |
) |
|
|
(260 |
) |
Depreciation & amortization |
|
|
61 |
|
|
|
49 |
|
|
|
125 |
|
|
|
96 |
|
Accounts receivable - net |
|
|
795 |
|
|
|
599 |
|
|
|
795 |
|
|
|
599 |
|
Intangible assets - net |
|
|
525 |
|
|
|
- |
|
|
|
525 |
|
|
|
- |
|
Goodwill |
|
|
24 |
|
|
|
- |
|
|
|
24 |
|
|
|
- |
|
Total assets |
|
|
3,817 |
|
|
|
4,997 |
|
|
|
3,817 |
|
|
|
4,997 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Management Services |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue - net |
|
$ |
- |
|
|
$ |
288 |
|
|
$ |
- |
|
|
$ |
450 |
|
Operating income |
|
|
- |
|
|
|
201 |
|
|
|
- |
|
|
|
363 |
|
Fee receivable |
|
|
137 |
|
|
|
371 |
|
|
|
137 |
|
|
|
371 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Contract Staffing Services |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Agricultural services revenue - net |
|
$ |
1,787 |
|
|
$ |
3,035 |
|
|
$ |
4,352 |
|
|
$ |
5,412 |
|
Industrial services revenue - net |
|
|
7,254 |
|
|
|
1,991 |
|
|
|
13,538 |
|
|
|
2,925 |
|
Professional services revenue - net |
|
|
2,023 |
|
|
|
1,600 |
|
|
|
4,081 |
|
|
|
3,175 |
|
Agricultural services gross margin |
|
|
3.1 |
% |
|
|
4.4 |
% |
|
|
4.6 |
% |
|
|
4.2 |
% |
Industrial services gross margin |
|
|
13.2 |
% |
|
|
13.0 |
% |
|
|
12.9 |
% |
|
|
14.4 |
% |
Professional services gross margin |
|
|
30.4 |
% |
|
|
26.9 |
% |
|
|
31.1 |
% |
|
|
29.9 |
% |
Operating income (loss) |
|
$ |
141 |
|
|
$ |
(172 |
) |
|
$ |
418 |
|
|
$ |
(155 |
) |
Depreciation and amortization |
|
|
80 |
|
|
|
164 |
|
|
|
150 |
|
|
|
249 |
|
Accounts receivable net - agricultural services |
|
|
525 |
|
|
|
868 |
|
|
|
525 |
|
|
|
868 |
|
Accounts receivable net - industrial services |
|
|
4,073 |
|
|
|
1,221 |
|
|
|
4,073 |
|
|
|
1,221 |
|
Accounts receivable net - professional services |
|
|
954 |
|
|
|
897 |
|
|
|
954 |
|
|
|
897 |
|
Intangible assets - net |
|
|
1,974 |
|
|
|
3,519 |
|
|
|
1,974 |
|
|
|
3,519 |
|
Goodwill |
|
|
1,256 |
|
|
|
1,256 |
|
|
|
1,256 |
|
|
|
1,256 |
|
Total assets |
|
|
7,206 |
|
|
|
|
|
|
|
7,206 |
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consolidated |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue -net |
|
$ |
12,702 |
|
|
$ |
7,904 |
|
|
$ |
25,482 |
|
|
$ |
11,512 |
|
Operating income (loss) |
|
|
(460 |
) |
|
|
(79 |
) |
|
|
(335 |
) |
|
|
(90 |
) |
Depreciation and amortization |
|
|
141 |
|
|
|
204 |
|
|
|
275 |
|
|
|
345 |
|
Total accounts receivable - net |
|
|
6,484 |
|
|
|
4,017 |
|
|
|
6,484 |
|
|
|
4,017 |
|
Intangible assets - net |
|
|
2,499 |
|
|
|
3,519 |
|
|
|
2,499 |
|
|
|
3,519 |
|
Goodwill |
|
|
1,280 |
|
|
|
1,256 |
|
|
|
1,280 |
|
|
|
1,256 |
|
Total assets |
|
$ |
11,160 |
|
|
$ |
9,889 |
|
|
$ |
11,160 |
|
|
$ |
9,889 |
|
|