Quarterly report pursuant to Section 13 or 15(d)

Segment Data (Tables)

Segment Data (Tables)

3 Months Ended

Dec. 31, 2016

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
	December 31,
(In Thousands)	2016			2015

Industrial Staffing Services
Industrial services revenue	$	5,981		$	6,000
Industrial services gross margin		16.4	%		11.7	%
Operating income	$	340		$	67
Depreciation & amortization		73			54
Accounts receivable - net		3,497			2,896
Intangible asset - net		854			1,067
Goodwill		1,084			1,084
Total assets	$	7,629		$	6,932

Professional Staffing Services
Permanent placement revenue	$	1,150		$	1,626
Placement services gross margin		100	%		100	%
Professional services revenue		13,875			9,999
Professional services gross margin		23.9	%		29.6	%
Operating income	$	1,048		$	1,136
Depreciation and amortization		375			349
Accounts receivable - net		9,080			5,933
Intangible assets - net		9,871			9,407
Goodwill		17,506			14,822
Total assets	$	38,631		$	34,402

Unallocated Expenses
Corporate administrative expenses	$	601		$	612
Corporate facility expenses		74			52
Stock option amortization expense		194			162
Board related expenses		19			-
Acquisition, integration and restructuring expense		23			446
Total unallocated expenses	$	911		$	1,272

Consolidated
Total revenue	$	21,006		$	17,625
Operating income (loss)		477			(69	)
Depreciation and amortization		448			403
Total accounts receivable - net		12,577			8,829
Intangible assets - net		10,725			10,474
Goodwill		18,590			15,906
Total assets	$	46,260		$	41,334