SEGMENT AND GEOGRAPHIC DATA Segment Information (Tables)

6 Months Ended

Jun. 30, 2014

Schedule of segment reporting information

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			Elimination			Total
For The Three Months Ended June 30, 2014
Revenue, from external customers	$	26,263		$	65,101		$	76,001		$	—		$	—		$	167,365
Inter-segment revenue	38			—			27			—			(65		)	—
Total revenue	$	26,301		$	65,101		$	76,028		$	—		$	(65	)	$	167,365
Gross margin, from external customers	$	7,066		$	24,519		$	31,226		$	—		$	—		$	62,811
Inter-segment gross margin	34			1			(35		)	—			—			—
Total gross margin	$	7,100		$	24,520		$	31,191		$	—		$	—		$	62,811
Business reorganization expenses	$	3		$	1,114		$	—		$	—		$	—		$	1,117
EBITDA (loss) (a)	$	(882	)	$	(581	)	$	1,621		$	(2,397	)	$	—		$	(2,239	)
Depreciation and amortization	202			803			372			137			—			1,514
Intercompany interest income (expense), net	—			—			(132		)	132			—			—
Interest income (expense), net	(1		)	(37		)	(24		)	(144		)	—			(206		)
Income (loss) from continuing operations before income taxes	$	(1,085	)	$	(1,421	)	$	1,093		$	(2,546	)	$	—		$	(3,959	)
For The Six Months Ended June 30, 2014
Revenue, from external customers	$	53,126		$	121,532		$	154,568		$	—		$	—		$	329,226
Inter-segment revenue	37			—			107			—			(144		)	—
Total revenue	$	53,163		$	121,532		$	154,675		$	—		$	(144	)	$	329,226
Gross margin, from external customers	$	13,731		$	45,430		$	61,180		$	—		$	—		$	120,341
Inter-segment gross margin	31			(67		)	37			—			(1		)	—
Total gross margin	$	13,762		$	45,363		$	61,217		$	—		$	(1	)	$	120,341
Business reorganization expenses	$	93		$	1,115		$	23		$	—		$	—		$	1,231
EBITDA (loss) (a)	$	(1,993	)	$	(884	)	$	2,773		$	(4,523	)	$	—		$	(4,627	)
Depreciation and amortization	426			1,548			729			299			—			3,002
Intercompany interest income (expense), net	—			—			(262		)	262			—			—
Interest income (expense), net	(8		)	(80		)	(13		)	(249		)	—			(350		)
Income (loss) from continuing operations before income taxes	$	(2,427	)	$	(2,512	)	$	1,769		$	(4,809	)	$	—		$	(7,979	)
As of June 30, 2014
Accounts receivable, net	$	16,819		$	30,505		$	53,184		$	—		$	—		$	100,508
Long-lived assets, net of accumulated depreciation and amortization	$	1,453		$	10,762		$	3,292		$	1,395		$	—		$	16,902
Total assets	$	20,067		$	61,631		$	71,148		$	3,074		$	—		$	155,920



	Hudson Americas			Hudson Asia Pacific			Hudson Europe			Corporate			Inter- segment elimination			Total
For The Three Months Ended June 30, 2013
Revenue, from external customers	$	37,327		$	62,869		$	71,164		$	—		$	—		$	171,360
Inter-segment revenue	—			—			17			—			(17		)	—
Total revenue	$	37,327		$	62,869		$	71,181		$	—		$	(17	)	$	171,360
Gross margin, from external customers	$	9,245		$	24,276		$	26,983		$	—		$	—		$	60,504
Inter-segment gross margin	—			(18		)	32			—			(14		)	—
Total gross margin	$	9,245		$	24,258		$	27,015		$	—		$	(14	)	$	60,504
Business reorganization expenses	$	325		$	—		$	556		$	368		$	—		$	1,249
EBITDA (loss) (a)	$	386		$	223		$	(2,155	)	$	(2,316	)	$	—		$	(3,862	)
Depreciation and amortization	249			826			420			161			—			1,656
Intercompany interest income (expense), net	—			(601		)	(110		)	711			—			—
Interest income (expense), net	(8		)	(51		)	10			(106		)	—			(155		)
Income (loss) from continuing operations before income taxes	$	129		$	(1,255	)	$	(2,675	)	$	(1,872	)	$	—		$	(5,673	)
For The Six Months Ended June 30, 2013
Revenue, from external customers	$	74,549		$	119,070		$	143,418		$	—		$	—		$	337,037
Inter-segment revenue	(1		)	—			42			—			(41		)	—
Total revenue	$	74,548		$	119,070		$	143,460		$	—		$	(41	)	$	337,037
Gross margin, from external customers	$	17,389		$	45,768		$	54,023		$	—		$	—		$	117,180
Inter-segment gross margin	(2		)	(43		)	58			—			(13		)	—
Total gross margin	$	17,387		$	45,725		$	54,081		$	—		$	(13	)	$	117,180
Business reorganization expenses	$	308		$	102		$	2,427		$	394		$	—		$	3,231
EBITDA (loss) (a)	$	(560	)	$	(644	)	$	(5,607	)	$	(3,676	)	$	—		$	(10,487	)
Depreciation and amortization	501			1,657			825			321			—			3,304
Intercompany interest income (expense), net	—			(1,266		)	(217		)	1,483			—			—
Interest income (expense), net	(17		)	(92		)	17			(208		)	—			(300		)
Income (loss) from continuing operations before income taxes	$	(1,078	)	$	(3,659	)	$	(6,632	)	$	(2,722	)	$	—		$	(14,091	)
As of June 30, 2013
Accounts receivable, net	$	25,284		$	30,602		$	47,700		$	—		$	—		$	103,586
Long-lived assets, net of accumulated depreciation and amortization	$	1,913		$	10,690		$	4,485		$	1,649		$	—		$	18,737
Total assets	$	30,669		$	66,093		$	71,052		$	7,547		$	—		$	175,361

(a)

Securities and Exchange Commission ("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.

Revenue and long-lived assets by geographic area

A summary of revenues for the six months ended June 30, 2014 and 2013 and long-lived assets and net assets by geographic area as of June 30, 2014 and 2013 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, 2014
Revenue (a)	$	47,506	$	49,137	$	26,073	$	28,495	$	15,964	$	190	$	167,365
For The Three Months Ended June 30, 2013
Revenue (a)	$	45,685	$	46,188	$	37,124	$	25,480	$	16,680	$	203	$	171,360
For The Six Months Ended June 30, 2014
Revenue (a)	$	98,366	$	91,585	$	52,711	$	56,203	$	29,946	$	415	$	329,226
For The Six Months Ended June 30, 2013
Revenue (a)	$	92,763	$	88,230	$	74,076	$	50,655	$	30,840	$	473	$	337,037
As of June 30, 2014
Long-lived assets, net of accumulated depreciation and amortization (b)	$	2,825	$	7,188	$	2,824	$	459	$	3,574	$	32	$	16,902
Net assets	$	22,557	$	17,875	$	7,303	$	9,740	$	10,976	$	158	$	68,609
As of June 30, 2013
Long-lived assets, net of accumulated depreciation and amortization (b)	$	3,457	$	7,144	$	3,523	$	1,020	$	3,546	$	47	$	18,737
Net assets	$	22,113	$	25,579	$	20,213	$	6,184	$	13,652	$	467	$	88,208

(a) 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.

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

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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