SEGMENT AND GEOGRAPHIC DATA

6 Months Ended

Jun. 30, 2012

Segment Reporting [Abstract]

SEGMENT AND GEOGRAPHIC DATA

SEGMENT AND GEOGRAPHIC DATA

Segment Reporting

In the fourth quarter of 2011, the Company reorganized its leadership team to align the Company’s operations with its business strategy to run its global operations in three regions. As a result, the Company revised its reportable segments by aggregating the segments of Hudson Australia New Zealand and Hudson Asia into one segment, Hudson Asia Pacific. The Company has reclassified information for the three and six months ended June 30, 2011 to reflect this change to the segment reporting in accordance with the requirements of ASC 280-10-50-1 to 9 “Operating Segments” and ASC 280-10-50-10 “Reportable Segments.”

The Company operates in three reportable segments: the Hudson regional businesses of Hudson Americas, Hudson Asia Pacific, and Hudson Europe. Corporate expenses are reported separately from the three reportable segments and pertain to certain functions, such as executive management, corporate governance, human resources, accounting, administration, tax and treasury, the majority of which are attributable to and have been allocated to the reportable segments. Segment information is presented in accordance with ASC 280, “Segments Reporting.” This standard is based on a management approach that requires segmentation based upon the Company’s internal organization and disclosure of revenue and certain expenses based upon internal accounting methods. The Company’s financial reporting systems present various data for management to run the business, including internal profit and loss statements prepared on a basis not consistent with U.S. GAAP. Accounts receivable, net and long-lived assets are the only significant assets separated by segment for internal reporting purposes.

	Hudson Americas			Hudson Asia Pacific			Hudson Europe			Corporate			Inter- segment elimination			Total
For The Three Months Ended June 30, 2012
Revenue, from external customers	$	45,487		$	76,926		$	82,425		$	—		$	—		$	204,838
Inter-segment revenue	—			21			19			—			(40		)	—
Total revenue	$	45,487		$	76,947		$	82,444		$	—		$	(40	)	$	204,838
Gross margin, from external customers	$	12,359		$	31,901		$	32,808		$	—		$	—		$	77,068
Inter-segment gross margin	(5		)	(7		)	14			—			(2		)	—
Total gross margin	$	12,354		$	31,894		$	32,822		$	—		$	(2	)	$	77,068
Business reorganization expenses (recovery)	$	749		$	1,007		$	3,149		$	185		$	—		$	5,090
EBITDA (loss) (a)	$	758		$	622		$	(2,305	)	$	(1,001	)	$	—		$	(1,926	)
Depreciation and amortization	276			794			353			187			—			1,610
Intercompany interest income (expense), net	—			(771		)	(108		)	879			—			—
Interest income (expense), net	(14		)	(77		)	3			(101		)	—			(189		)
Income (loss) from continuing operations before income taxes	$	468		$	(1,020	)	$	(2,763	)	$	(410	)	$	—		$	(3,725	)
As of June 30, 2012
Accounts receivable, net	$	27,639		$	42,750		$	55,637		$	—		$	—		$	126,026
Long-lived assets, net of accumulated depreciation and amortization	$	2,358		$	13,917		$	4,766		$	2,268		$	—		$	23,309
Total assets	$	32,942		$	80,676		$	77,418		$	15,615		$	—		$	206,651

	Hudson Americas			Hudson Asia Pacific			Hudson Europe			Corporate			Inter- segment elimination			Total
For The Three Months Ended June 30, 2011
Revenue, from external customers	$	50,912		$	96,275		$	100,191		$	—		$	—		$	247,378
Inter-segment revenue	—			1			70			—			(71		)	—
Total revenue	$	50,912		$	96,276		$	100,261		$	—		$	(71	)	$	247,378
Gross margin, from external customers	$	13,021		$	40,218		$	42,228		$	—		$	—		$	95,467
Inter-segment gross margin	(5		)	(53		)	53			—			5			—
Total gross margin	$	13,016		$	40,165		$	42,281		$	—		$	5		$	95,467
Business reorganization expenses (recovery)	$	—		$	—		$	396		$	—		$	—		$	396
EBITDA (loss) (a)	$	1,160		$	3,810		$	2,735		$	(44	)	$	—		$	7,661
Depreciation and amortization	180			793			421			242			—			1,636
Intercompany interest income (expense), net	—			(1,898		)	(130		)	2,028			—			—
Interest income (expense), net	(1		)	(208		)	(6		)	(160		)	—			(375		)
Income (loss) from continuing operations before income taxes	$	979		$	911		$	2,178		$	1,582		$	—		$	5,650
As of June 30, 2011
Accounts receivable, net	$	31,947		$	59,941		$	67,495		$	—		$	—		$	159,383
Long-lived assets, net of accumulated depreciation and amortization	$	2,040		$	10,010		$	4,644		$	2,637		$	—		$	19,331
Total assets	$	36,641		$	89,845		$	107,402		$	10,627		$	—		$	244,515

	Hudson Americas			Hudson Asia Pacific			Hudson Europe			Corporate			Inter- segment elimination			Total
For the Six Months Ended June 30, 2012
Revenue, from external customers	$	90,656		$	151,189		$	163,583		$	—		$	—		$	405,428
Inter-segment revenue	—			31			36			—			(67		)	—
Total revenue	$	90,656		$	151,220		$	163,619		$	—		$	(67	)	$	405,428
Gross margin, from external customers	$	24,189		$	61,214		$	64,873		$	—		$	—		$	150,276
Inter-segment gross margin	(8		)	(12		)	20			—			—			—
Total gross margin	$	24,181		$	61,202		$	64,893		$	—		$	—		$	150,276
Business reorganization expenses (recovery)	$	769		$	1,074		$	3,869		$	318		$	—		$	6,030
EBITDA (loss) (a)	$	267		$	630		$	(3,391	)	$	(1,633	)	$	—		$	(4,127	)
Depreciation and amortization	595			1,488			716			316			—			3,115
Intercompany interest income (expense), net	—			(2,516		)	(216		)	2,732			—			—
Interest income (expense), net	(33		)	(143		)	21			(194		)	—			(349		)
Income (loss) from continuing operations before income taxes	$	(361	)	$	(3,517	)	$	(4,302	)	$	589		$	—		$	(7,591	)

	Hudson Americas			Hudson Asia Pacific			Hudson Europe			Corporate			Inter- segment elimination			Total
For the Six Months Ended June 30, 2011
Revenue, from external customers	$	96,725		$	175,291		$	193,901		$	—		$	—		$	465,917
Inter-segment revenue	(2		)	7			79			—			(84		)	—
Total revenue	$	96,723		$	175,298		$	193,980		$	—		$	(84	)	$	465,917
Gross margin, from external customers	$	23,379		$	72,122		$	81,164		$	—		$	—		$	176,665
Inter-segment gross margin	(19		)	(55		)	69			—			5			—
Total gross margin	$	23,360		$	72,067		$	81,233		$	—		$	5		$	176,665
Business reorganization expenses (recovery)	$	—		$	—		$	747		$	—		$	—		$	747
EBITDA (loss) (a)	$	781		$	5,822		$	4,910		$	(1,326	)	$	—		$	10,187
Depreciation and amortization	502			1,512			888			311			—			3,213
Intercompany interest income (expense), net	—			(3,691		)	(240		)	3,929			2			—
Interest income (expense), net	(2		)	(311		)	1			(269		)	—			(581		)
Income (loss) from continuing operations before income taxes	$	277		$	308		$	3,783		$	2,023		$	2		$	6,393

(a) SEC Regulation S-K 229.10(e)1(ii)(A) defines EBITDA as earnings before interest, taxes, depreciation and amortization. EBITDA is presented to provide additional information to investors about the Company's operations on a basis consistent with the measures that the Company uses to manage its operations and evaluate its performance. Management also uses this measurement to evaluate working capital requirements. EBITDA should not be considered in isolation or as a substitute for operating income and net income prepared in accordance with U.S. GAAP or as a measure of the Company's profitability.

Geographic Data Reporting

A summary of revenues for the three and six months ended June 30, 2012 and 2011 and long-lived assets and net assets by geographic area as of June 30, 2012 and 2011 were as follows: 

Information by geographic region	United Kingdom		Australia		United States		Continental Europe		Other Asia Pacific		Other Americas		Total
For The Three Months Ended June 30, 2012
Revenue (b)	$	53,644	$	59,003	$	44,936	$	28,685	$	18,019	$	551	$	204,838
For The Three Months Ended June 30, 2011
Revenue (b)	$	67,683	$	74,523	$	50,444	$	32,087	$	22,173	$	468	$	247,378
For the Six Months Ended June 30, 2012
Revenue (b)	105,652		116,646		89,572		57,726		34,748		1,084		405,428
For the Six Months Ended June 30, 2011
Revenue (b)	131,483		136,248		95,807		61,612		39,849		918		465,917
As of June 30, 2012
Long-lived assets, net of accumulated depreciation and amortization (c)	$	3,190	$	9,747	$	4,571	$	1,567	$	4,171	$	63	$	23,309
Net assets	$	24,826	$	29,463	$	29,102	$	7,888	$	15,156	$	554	$	106,989
As of June 30, 2011
Long-lived assets, net of accumulated depreciation and amortization (c)	$	2,817	$	6,142	$	4,685	$	1,808	$	3,879	$	—	$	19,331
Net assets	$	29,942	$	27,121	$	18,220	$	14,360	$	12,908	$	357	$	102,908

(b) Revenue by geographic region disclosed above is net of any inter-segment revenue and, therefore, represents only revenue from external customers according to the location of the operating subsidiary.

(c) Comprised of property and equipment and intangibles. Corporate assets are included in the United States.