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Segment Information (Tables)
9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Summary of Product Revenue by Segments

The Company is currently organized into two primary operating segments, which generally align with its corporate organization structure. In the first segment, PFSweb is a global provider of various infrastructure, technology, and digital agency solutions and operates as a service fee business. In the second operating segment (“Business and Retail Connect”), subsidiaries of the Company purchase inventory from clients and resell the inventory to client customers. In this segment, the Company generally recognizes product revenue on either a gross or net basis.  

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

September 30,

 

 

September 30,

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Revenues (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PFSweb

$

56,897

 

 

$

39,754

 

 

$

153,040

 

 

$

111,645

 

Business and Retail Connect

 

17,975

 

 

 

20,627

 

 

 

55,870

 

 

 

67,482

 

Eliminations

 

(3,689

)

 

 

(3,286

)

 

 

(10,705

)

 

 

(10,760

)

 

$

71,183

 

 

$

57,095

 

 

$

198,205

 

 

$

168,367

 

Income (loss) from operations (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PFSweb

$

(2,757

)

 

$

(2,817

)

 

$

(6,288

)

 

$

(7,347

)

Business and Retail Connect

 

31

 

 

 

400

 

 

 

948

 

 

 

1,312

 

 

$

(2,726

)

 

$

(2,417

)

 

$

(5,340

)

 

$

(6,035

)

Depreciation and amortization (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PFSweb

$

4,066

 

 

$

2,839

 

 

$

10,587

 

 

$

8,520

 

Business and Retail Connect

 

15

 

 

 

42

 

 

 

58

 

 

 

129

 

 

$

4,081

 

 

$

2,881

 

 

$

10,645

 

 

$

8,649

 

Capital expenditures (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PFSweb

$

1,522

 

 

$

1,396

 

 

$

3,468

 

 

$

4,298

 

Business and Retail Connect

 

 

 

8

 

 

 

 

 

31

 

 

$

1,522

 

 

$

1,404

 

 

$

3,468

 

 

$

4,329

 

 

 

September 30,

 

 

December 31,

 

 

2015

 

 

2014

 

Assets (in thousands):

 

 

 

 

 

 

 

PFSweb

$

195,275

 

 

$

104,372

 

Business and Retail Connect

 

32,851

 

 

 

47,682

 

Eliminations

 

(62,156

)

 

 

(11,308

)

 

$

165,970

 

 

$

140,746