DISCONTINUED OPERATIONS (Tables)

3 Months Ended

Mar. 31, 2019

Discontinued Operations and Disposal Groups [Abstract]

Disposal Group, Schedule of Cash Flow, Supplemental Disclosures

The following is a reconciliation of the gross proceeds to the net proceeds as presented in the statement of cash flows for the three months ended March 31,2018.

Gross proceeds	$	38,960
Less: cash and restricted cash sold	(9,547		)
Less: transaction costs	(1,436		)
Net cash proceeds as presented in the statement of cash flows	$	27,977

Disposal Groups, Including Discontinued Operations

The carrying amounts of the classes of assets and liabilities from the RTM businesses included in discontinued operations were as follows:

	March 31, 2019		December 31, 2018
	Total		Total
Prepaid and other current assets	$	—	$	941
Total current assets	—		941
Total assets	$	—	$	941
Accrued expenses and other current liabilities	$	23	$	115
Total current liabilities	23		115
Total liabilities	$	23	$	115

Reported results for the discontinued operations by period were as follows:

	Three Months Ended March 31,
	2019			2018
Revenue	$	—		$	108,463
Gross profit	—			38,663
Operating expenses:
Salaries and related	—			29,032
Other selling, general and administrative	—			8,355
Depreciation and amortization	—			680
Business reorganization	—			50
Operating income	—			546
Non-operating income (expense):
Interest expense, net	—			(88		)
Other non-operating income	—			216
Income from discontinued operations before taxes and gain (loss) on sale	—			674
(Loss) gain from sale of discontinued operations	(131		)	14,043
(Loss) income from discontinued operations before income taxes	(131		)	14,717
Provision for income taxes	—			1,099
(Loss) income from discontinued operations	$	(131	)	$	13,618

Depreciation, capital expenditures, and significant operating and investment non cash items of the discontinued operations by period were as follows:

	Three Months Ended March 31,
	2019		2018
Depreciation and amortization	$	—	$	680
Stock-based compensation expense	$	—	$	233
Capital expenditures	$	—	$	284

Disaggregation of Revenue From Discontinued Operations

The following table presents our disaggregated revenues from discontinued operations by revenue source.

	Three Months Ended March 31, 2018
	Permanent Recruitment		Contracting		Talent Management		Other		Total
Revenue	$	20,700	$	76,615	$	10,694	$	454	$	108,463
Direct costs (1)	190		67,980		1,225		405		69,800
Gross profit	$	20,510	$	8,635	$	9,469	$	49	$	38,663

⁽¹⁾  Direct costs include the direct staffing costs of salaries, payroll taxes, employee benefits, travel expenses, and insurance costs for the Company’s contractors and reimbursed out-of-pocket expenses and other direct costs. Other than reimbursed out-of-pocket expenses, there are no other direct costs associated with the Permanent Recruitment and Other categories. Gross profit represents revenue less direct costs. The region where services are provided, the mix of contracting, and permanent recruitment, and the functional nature of the staffing services provided can affect gross profit.