XML 57 R51.htm IDEA: XBRL DOCUMENT v2.4.0.6
SEGMENT AND GEOGRAPHIC DATA Segment Information (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Dec. 31, 2011
region
Jun. 30, 2011
Jun. 30, 2012
segments
Jun. 30, 2011
Segment Reporting Information [Line Items]          
Operating Segments (in regions)   3      
Number of reportable segments (in segments)   3   3  
Revenue, from external customers $ 204,838   $ 247,378 $ 405,428 $ 465,917
Inter-segment revenue 0   0 0 0
Total revenue 204,838 [1]   247,378 [1] 405,428 [1] 465,917 [1]
Gross margin, from external customer 77,068   95,467 150,276 176,665
Inter-segment gross margin 0   0 0 0
Gross margin 77,068   95,467 150,276 176,665
Business reorganization expenses (recovery) 5,090   396 6,030 747
EBITDA (loss) (1,926) [2]   7,661 [2] (4,127) [2] 10,187 [2]
Depreciation and amortization 1,610   1,636 3,115 3,213
Intercompany interest income (expense), net 0   0 0 0
Interest income (expense), net (189)   (375) (349) (581)
Income (loss) before provision for income taxes (3,725)   5,650 (7,591) 6,393
Accounts receivable, net 126,026 131,489 159,383 126,026 159,383
Long-lived assets, net of accumulated depreciation and amortization 23,309 [3]   19,331 [3] 23,309 [3] 19,331 [3]
Total assets 206,651 216,546 244,515 206,651 244,515
Hudson Americas
         
Segment Reporting Information [Line Items]          
Revenue, from external customers 45,487   50,912 90,656 96,725
Inter-segment revenue 0   0 0 (2)
Total revenue 45,487   50,912 90,656 96,723
Gross margin, from external customer 12,359   13,021 24,189 23,379
Inter-segment gross margin (5)   (5) (8) (19)
Gross margin 12,354   13,016 24,181 23,360
Business reorganization expenses (recovery) 749   0 769 0
EBITDA (loss) 758 [2]   1,160 [2] 267 [2] 781 [2]
Depreciation and amortization 276   180 595 502
Intercompany interest income (expense), net 0   0 0 0
Interest income (expense), net (14)   (1) (33) (2)
Income (loss) before provision for income taxes 468   979 (361) 277
Accounts receivable, net 27,639   31,947 27,639 31,947
Long-lived assets, net of accumulated depreciation and amortization 2,358   2,040 2,358 2,040
Total assets 32,942   36,641 32,942 36,641
Hudson Asia Pacific
         
Segment Reporting Information [Line Items]          
Revenue, from external customers 76,926   96,275 151,189 175,291
Inter-segment revenue 21   1 31 7
Total revenue 76,947   96,276 151,220 175,298
Gross margin, from external customer 31,901   40,218 61,214 72,122
Inter-segment gross margin (7)   (53) (12) (55)
Gross margin 31,894   40,165 61,202 72,067
Business reorganization expenses (recovery) 1,007   0 1,074 0
EBITDA (loss) 622 [2]   3,810 [2] 630 [2] 5,822 [2]
Depreciation and amortization 794   793 1,488 1,512
Intercompany interest income (expense), net (771)   (1,898) (2,516) (3,691)
Interest income (expense), net (77)   (208) (143) (311)
Income (loss) before provision for income taxes (1,020)   911 (3,517) 308
Accounts receivable, net 42,750   59,941 42,750 59,941
Long-lived assets, net of accumulated depreciation and amortization 13,917   10,010 13,917 10,010
Total assets 80,676   89,845 80,676 89,845
Hudson Europe
         
Segment Reporting Information [Line Items]          
Revenue, from external customers 82,425   100,191 163,583 193,901
Inter-segment revenue 19   70 36 79
Total revenue 82,444   100,261 163,619 193,980
Gross margin, from external customer 32,808   42,228 64,873 81,164
Inter-segment gross margin 14   53 20 69
Gross margin 32,822   42,281 64,893 81,233
Business reorganization expenses (recovery) 3,149   396 3,869 747
EBITDA (loss) (2,305) [2]   2,735 [2] (3,391) [2] 4,910 [2]
Depreciation and amortization 353   421 716 888
Intercompany interest income (expense), net (108)   (130) (216) (240)
Interest income (expense), net 3   (6) 21 1
Income (loss) before provision for income taxes (2,763)   2,178 (4,302) 3,783
Accounts receivable, net 55,637   67,495 55,637 67,495
Long-lived assets, net of accumulated depreciation and amortization 4,766   4,644 4,766 4,644
Total assets 77,418   107,402 77,418 107,402
Corporate
         
Segment Reporting Information [Line Items]          
Revenue, from external customers 0   0 0 0
Inter-segment revenue 0   0 0 0
Total revenue 0   0 0 0
Gross margin, from external customer 0   0 0 0
Inter-segment gross margin 0   0 0 0
Gross margin 0   0 0 0
Business reorganization expenses (recovery) 185   0 318 0
EBITDA (loss) (1,001) [2]   (44) [2] (1,633) [2] (1,326) [2]
Depreciation and amortization 187   242 316 311
Intercompany interest income (expense), net 879   2,028 2,732 3,929
Interest income (expense), net (101)   (160) (194) (269)
Income (loss) before provision for income taxes (410)   1,582 589 2,023
Accounts receivable, net 0   0 0 0
Long-lived assets, net of accumulated depreciation and amortization 2,268   2,637 2,268 2,637
Total assets 15,615   10,627 15,615 10,627
Inter-segment elimination
         
Segment Reporting Information [Line Items]          
Revenue, from external customers 0   0 0 0
Inter-segment revenue (40)   (71) (67) (84)
Total revenue (40)   (71) (67) (84)
Gross margin, from external customer 0   0 0 0
Inter-segment gross margin (2)   5 0 5
Gross margin (2)   5 0 5
Business reorganization expenses (recovery) 0   0 0 0
EBITDA (loss) 0 [2]   0 [2] 0 [2] 0 [2]
Depreciation and amortization 0   0 0 0
Intercompany interest income (expense), net 0   0 0 2
Interest income (expense), net 0   0 0 0
Income (loss) before provision for income taxes 0   0 0 2
Accounts receivable, net 0   0 0 0
Long-lived assets, net of accumulated depreciation and amortization 0   0 0 0
Total assets $ 0   $ 0 $ 0 $ 0
[1] 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.
[2] 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.
[3] Comprised of property and equipment and intangibles. Corporate assets are included in the United States.