Quarterly report pursuant to Section 13 or 15(d)

Segment Data

v2.4.0.6
Segment Data
 3 Months Ended
Dec. 31, 2011
Segment Data [Abstract]  
Segment Data
5. Segment Data

As a result of the acquisition of certain of the assets of DMCC and RFFG of Cleveland and entry into the Management Agreement discussed above, 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, (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
  
   
December 31
  
(In Thousands)
  
2011
    
2010
  
             
Direct Hire Placement Services
            
Revenue - net
   $ 1,873     $ 923  
Placement services gross margin
     100 %     100 %
Operating loss
     (203 )     (152 )
Depreciation & amortization
     64       47  
Accounts receivable – net
     1,043       477  
Intangible assets - net
     555       -  
Goodwill
     24       -  
Total assets
     4,697       4,988  
                 
Management Services
                
Revenue - net
   $ -     $ 162  
Operating income
     -       164  
Fee receivable
     137       162  
Intangible assets –net
     -       1,342  
Total assets
     137       1,504  
 
Contract Staffing Services
            
Agricultural services revenue – net
   $ 2,565     $ 2,377  
Industrial services revenue – net
     6,284       935  
Professional services revenue – net
     2,058       1,575  
Agricultural services gross margin
     5.7 %     3.9 %
Industrial services gross margin
     12.5 %     17.4 %
Professional services gross margin
     31.5 %     32.9 %
Operating income
   $ 278     $ 16  
Depreciation and amortization
     72       95  
Accounts receivable net  – agricultural services
     1,411       932  
Accounts receivable net – industrial services
     3,751       676  
Accounts receivable net – professional services
     1,122       898  
Intangible assets - net
     2,044       2,332  
Goodwill
     1,256       1,256  
Total assets
     7,099       2,385  
                 
Consolidated
                
Revenue -net
     12,780       5,972  
Operating income
     75       28  
Depreciation and amortization
     136       141  
Total accounts receivable – net
     7,464       3,143  
Intangible assets – net
     2,599       3,674  
Goodwill
     1,280       1,256  
Total assets
   $ 11,933     $ 8,877