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Business Segments (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Reconciliation of Revenue and Operating Income by Reportable Segment to Consolidated Results
The following tables provide a reconciliation of service revenues and segment income by reportable segment to consolidated results (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
Contract Talent Solutions 2026202520262025
Service revenues(1)
$747,405 $759,808 $1,472,421 $1,523,013 
Segment costs of services(2)
454,983 462,441 898,246 928,713 
Compensation expenses(3)
210,751 209,895 417,262 430,876 
Other(4)
63,867 69,049 129,796 138,310 
Segment selling, general and administrative expenses274,618 278,944 547,058 569,186 
Segment income$17,804 $18,423 $27,117 $25,114 
Three Months Ended
June 30,
Six Months Ended
June 30,
Permanent Placement Talent Solutions2026202520262025
Service revenues(1)
$117,991 $114,713 $226,995 $226,804 
Segment costs of services(2)
168 162 446 392 
Compensation expenses(3)
88,939 87,744 174,863 176,644 
Other(4)
17,990 18,548 34,736 37,885 
Segment selling, general and administrative expenses106,929 106,292 209,599 214,529 
Segment income$10,894 $8,259 $16,950 $11,883 
Three Months Ended
June 30,
Six Months Ended
June 30,
Protiviti2026202520262025
Service revenues(1)
$470,969 $495,222 $937,128 $971,833 
Segment costs of services(2)
383,799 384,865 762,532 775,264 
Compensation expenses(3)
24,850 24,737 49,353 49,780 
Other(4)
52,439 53,108 102,047 105,881 
Segment selling, general and administrative expenses77,289 77,845 151,400 155,661 
Segment income$9,881 $32,512 $23,196 $40,908 
Three Months Ended
June 30,
Six Months Ended
June 30,
Combined Segment2026202520262025
Service revenues(1)
$1,336,365 $1,369,743 $2,636,544 $2,721,650 
Costs of services(2)
838,950 847,468 1,661,224 1,704,369 
Compensation expenses(3)
324,540 322,376 641,478 657,300 
Other(4)
134,296 140,705 266,579 282,076 
Selling, general and administrative expenses458,836 463,081 908,057 939,376 
Combined segment income38,579 59,194 67,263 77,905 
Interest income, net(2,013)(2,239)(4,771)(5,811)
Income before income taxes$40,592 $61,433 $72,034 $83,716 
(1)Service revenues presented above are shown net of eliminations of intersegment revenues. Intersegment revenues between the contract talent solutions segment and the Protiviti segment were $121.4 million and $238.2 million for the three and six months ended June 30, 2026, respectively, and $119.8 million and $237.7 million for the three and six months ended June 30, 2025, respectively. Service revenues related to the intersegment activity are reflected in the Protiviti segment.
(2)Segment costs of services consist of direct payroll, payroll taxes and benefit costs, as well as reimbursable expenses. Direct costs related to the intersegment activity are reflected in the Protiviti segment, including the costs of candidate payroll, fringe benefits and incremental recruiter compensation. For further information on costs of services, see Note A—“Summary of Significant Accounting Policies.”
(3)Includes payroll and applicable taxes, employee incentive compensation and other employee costs that are not included in direct costs as noted above.
(4)Other selling, general and administrative expenses is comprised of advertising, as well as other allocated expenses including lease expense, depreciation, cloud computing service costs and overhead costs. These costs are allocated to the individual segments based on an internal allocation method.
Schedule of Depreciation Expense
The following table represents depreciation expense by segment (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
2026202520262025
Depreciation expense
Contract talent solutions$6,048 $6,219 $12,013 $12,717 
Permanent placement talent solutions2,141 2,043 4,163 4,141 
Protiviti4,165 4,340 8,463 8,750 
$12,354 $12,602 $24,639 $25,608