Quarterly report pursuant to Section 13 or 15(d)

Segment Data (Tables)

Segment Data (Tables)

6 Months Ended

Mar. 31, 2015

Schedule of Segment Reporting Information

Unallocated corporate expenses primarily include, corporate legal expenses, consulting expenses, corporate payroll, audit fees, corporate rent and facility costs, board fees and interest expense.

	Three Months Ended						Six Months Ended
	March 31,						March 31,
(In Thousands)	2015			2014			2015			2014

Direct Hire Placement Services
Revenue – net	$	1,482		$	1,776		$	2,932		$	3,514
Placement services gross margin		100	%		100	%		100	%		100	%
Operating (loss) income	$	(216	)	$	211		$	(396	)	$	494
Depreciation & amortization		56			51			112			109
Accounts receivable – net		754			940			754			940
Intangible assets – net		168			287			168			287
Goodwill		24			24			24			24
Total assets	$	2,905		$	4,616		$	2,905		$	4,616

Contract Staffing Services
Industrial services revenue – net	$	6,457			6,194		$	12,984		$	13,087
Professional services revenue – net		1,857			1,664			3,562			3,840
Industrial services gross margin		11.35	%		10.0	%		13.27	%		10.6	%
Professional services gross margin		30.35	%		31.6	%		32.00	%		31.6	%
Operating (loss) income	$	225		$	(320	)	$	737		$	(212	)
Depreciation and amortization		74			61			134			129
Accounts receivable net – industrial services		3,978			4,234			3,978			4,234
Accounts receivable net – professional services		860			830			860			830
Intangible assets – net		1,224			1,434			1,224			1,434
Goodwill		1,082			1,082			1,082			1,082
Total assets	$	7,205		$	5,748		$	7,205		$	5,748

Unallocated Expenses
Corporate administrative expenses	$	252		$	419		$	651		$	785
Corporate facility expenses		37			91			88			200
Board related expenses		225			20			252			43
Total unallocated expenses	$	514		$	530		$	991		$	1,028

Consolidated
Revenue –net	$	9,796		$	9,634		$	19,478		$	20,441
Operating loss		(505	)		(639	)		(650	)		(746	)
Depreciation and amortization		130			112			246			238
Total accounts receivable – net		5,592			6,004			5,592			6,004
Intangible assets – net		1,392			1,721			1,392			1,721
Goodwill		1,106			1,106			1,106			1,106
Assets from continuing operations		10,110			10,364			10,110			10,364
Assets from discontinued operations		0			229			0			229
Total assets	$	10,110		$	10,593		$	10,110		$	10,593

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References + Details