SEGMENT AND GEOGRAPHIC DATA (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of segment reporting information

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, marketing, human resources, accounting, administration, tax and treasury, and have been allocated to the reportable segments to the extent which the costs are attributable 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 Year Ended December 31, 2015
Revenue, from external customers	$	28,627		$	219,391		$	215,179		$	—		$	—		$	463,197
Inter-segment revenue	41			—			498			—			(539		)	—
Total revenue	$	28,668		$	219,391		$	215,677		$	—		$	(539	)	$	463,197
Gross margin, from external customers	$	16,111		$	89,682		$	81,917		$	—		$	—		$	187,710
Inter-segment gross margin	25			(477		)	451			—			1			—
Total gross margin	$	16,136		$	89,205		$	82,368		$	—		$	1		$	187,710
Gain (loss) on sale and exit of businesses	$	15,918		$	—		$	3,919		$	—		$	—		$	19,837
Business reorganization expenses (recovery)	$	1,108		$	669		$	2,883		$	1,168		$	—		$	5,828
Impairment of long-lived assets	$	—		$	—		$	—		$	—		$	—		$	—
EBITDA (loss) (a)	$	13,354		$	2,851		$	(207	)	$	(9,178	)	$	—		$	6,820
Depreciation and amortization	604			1,951			802			488			—			3,845
Intercompany interest income (expense), net	—			—			(526		)	526			—			—
Interest income (expense), net	(342		)	(276		)	(94		)	(10		)	—			(722		)
Income (loss) from continuing operations before income taxes	$	12,408		$	624		$	(1,629	)	$	(9,150	)	$	—		$	2,253
Provision for (benefit from) income taxes	$	58		$	776		$	(176	)	$	(12	)	$	—		$	646
As of December 31, 2015
Accounts receivable, net	$	3,155		$	29,824		$	29,441		$	—		$	—		$	62,420
Long-lived assets, net of accumulated depreciation and amortization	$	36		$	7,382		$	1,859		$	674		$	—		$	9,951
Total assets	$	7,766		$	49,246		$	53,557		$	14,380		$	—		$	124,949



	Hudson Americas			Hudson Asia Pacific			Hudson Europe			Corporate			Inter- segment elimination			Total
For the Year Ended December 31, 2014
Revenue, from external customers	$	50,146		$	246,873		$	284,173		$	—		$	—		$	581,192
Inter-segment revenue	60			—			198			—			(258		)	—
Total revenue	$	50,206		$	246,873		$	284,371		$	—		$	(258	)	$	581,192
Gross margin, from external customers	$	20,757		$	93,014		$	109,074		$	—		$	—		$	222,845
Inter-segment gross margin	35			(143		)	108			—			—			—
Total gross margin	$	20,792		$	92,871		$	109,182		$	—		$	—		$	222,845
Gain (loss) on sale and exit of businesses	$	—		$	—		$	—		$	—		$	—		$	—
Business reorganization expenses (recovery)	$	94		$	1,322		$	1,407		$	966		$	—		$	3,789
Impairment of long-lived assets	$	—		$	314		$	348		$	—		$	—		$	662
EBITDA (loss) (a)	$	117		$	(890	)	$	(1,187	)	$	(9,765	)	$	—		$	(11,725	)
Depreciation and amortization	485			3,287			1,247			540			—			5,559
Intercompany interest income (expense), net	—			—			(439		)	439			—			—
Interest income (expense), net	(90		)	(199		)	(37		)	(335		)	—			(661		)
Income (loss) from continuing operations before income taxes	$	(458	)	$	(4,376	)	$	(2,910	)	$	(10,201	)	$	—		$	(17,945	)
Provision for (benefit from) income taxes	(2,201		)	11			35			(4		)				(2,159		)
As of December 31, 2014
Accounts receivable, net	$	6,695		$	26,745		$	40,639		$	—		$	—		$	74,079
Long-lived assets, net of accumulated depreciation and amortization	$	860		$	8,227		$	2,171		$	584		$	—		$	11,842
Total assets	$	10,553		$	54,141		$	65,105		$	9,873		$	—		$	139,672



	Hudson Americas			Hudson Asia Pacific			Hudson Europe			Corporate			Inter- segment elimination			Total
For the Year Ended December 31, 2013
Revenue, from external customers	$	51,857		$	232,748		$	277,967		$	—		$	—		$	562,572
Inter-segment revenue	(2		)	—			107			—			(105		)	—
Total revenue	$	51,855		$	232,748		$	278,074		$	—		$	(105	)	$	562,572
Gross margin, from external customers	$	18,692		$	87,162		$	103,575		$	—		$	—		$	209,429
Inter-segment gross margin	(4		)	(71		)	87			—			(12		)	—
Total gross margin	$	18,688		$	87,091		$	103,662		$	—		$	(12	)	$	209,429
Gain (loss) on sale and exit of businesses	$	—		$	—		$	—		$	—		$	—		$	—
Business reorganization expenses (recovery)	$	448		$	989		$	3,214		$	789		$	—		$	5,440
Impairment of long-lived assets	$	—		$	257		$	1,079		$	—		$	—		$	1,336
EBITDA (loss) (a)	$	(717	)	$	(3,227	)	$	(9,197	)	$	(7,330	)	$	—		$	(20,471	)
Depreciation and amortization	494			3,192			1,592			644			—			5,922
Intercompany interest income (expense), net	—			(1,254		)	(532		)	1,784			2			—
Interest income (expense), net	16			(183		)	27			(414		)	—			(554		)
Income (loss) from continuing operations before income taxes	$	(1,195	)	$	(7,856	)	$	(11,294	)	$	(6,604	)	$	2		$	(26,947	)
Provision for (benefit from) income taxes	$	61		$	3,489		$	(415	)	$	129		$	—		$	3,264
As of December 31, 2013
Accounts receivable, net	$	5,923		$	24,647		$	45,897		$	—		$	—		$	76,467
Long-lived assets, net of accumulated depreciation and amortization	$	604		$	9,179		$	3,494		$	763		$	—		$	14,040
Total assets	$	18,338		$	55,234		$	74,877		$	10,380		$	—		$	158,829

(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.

Revenue by geographic area

A summary of revenues for the years ended December 31, 2015, 2014 and 2013 and long-lived assets and net assets by geographic area as of December 31, 2015, 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 Year Ended December 31, 2015
Revenue (a)	$	154,931	$	159,539	$	27,965	$	60,248	$	59,852	$	662		$	463,197
For the Year Ended December 31, 2014
Revenue (a)	$	181,155	$	184,853	$	49,375	$	103,018	$	62,020	$	771		$	581,192
For the Year Ended December 31, 2013
Revenue (a)	$	180,084	$	169,998	$	50,859	$	97,883	$	62,750	$	998		$	562,572
As of December 31, 2015
Long-lived assets, net (b)	$	1,707	$	4,115	$	718	$	144	$	3,267	$	—		$	9,951
Net assets	$	17,371	$	9,920	$	13,467	$	7,176	$	13,261	$	(15	)	$	61,180
As of December 31, 2014
Long-lived assets, net (b)	$	1,834	$	5,404	$	1,429	$	330	$	2,822	$	23		$	11,842
Net assets	$	18,894	$	13,913	$	7,255	$	9,366	$	9,772	$	57		$	59,257
As of December 31, 2013
Long-lived assets, net (b)	$	2,891	$	5,838	$	1,337	$	594	$	3,341	$	39		$	14,040
Net assets	$	21,479	$	18,938	$	15,819	$	7,169	$	10,791	$	189		$	74,385


(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 goodwill, net of accumulated depreciation and amortization. Corporate assets are included in the United States.