Revision of Prior Period Financial Statements (Tables)

12 Months Ended

Dec. 31, 2023

Accounting Changes and Error Corrections [Abstract]

Schedule of Effect of the Correction of Error

The effect of the correction of the error noted above on the Company’s Consolidated Balance Sheets as of December 31, 2022 is as follows:

	December 31, 2022
	As reported		Adjustment		Revised
	(in thousands)
Deferred tax asset	$	28,338	$	2,502	$	30,840
Total assets	$	718,334	$	2,502	$	720,836
Accrued payroll and related taxes	$	42,704	$	10,395	$	53,099
Total current liabilities	$	178,619	$	10,395	$	189,014
Retained earnings	$	154,495	$	(7,893)	$	146,602
Total liabilities and stockholders' equity	$	718,334	$	2,502	$	720,836

The effect of the correction of the error noted above on the Company’s Consolidated Statements of Comprehensive Income for the year ended December 31, 2022 is as follows:

	Year ended December 31, 2022
	As reported		Adjustment		Revised
	(in thousands, except per share amounts)
Costs of services provided	$	1,496,336	$	529	$	1,496,865
Income before income taxes	$	45,082	$	(529)	$	44,553
Income tax provision	$	10,452	$	(142)	$	10,310
Net income	$	34,630	$	(387)	$	34,243
Basic earnings per common share	$	0.47	$	(0.01)	$	0.46
Diluted earnings per common share	$	0.47	$	(0.01)	$	0.46

The effect of the correction of the errors noted above on the Company’s Consolidated Statements of Comprehensive Income for the year ended December 31, 2021 is as follows:

	Year ended December 31, 2021
	As reported		Adjustment		Revised
	(in thousands, except per share amounts)
Costs of services provided	$	1,415,082	$	(3,689)	$	1,411,393
Income before income taxes	$	61,823	$	3,689	$	65,512
Income tax provision	$	15,960	$	1,009	$	16,969
Net income	$	45,863	$	2,680	$	48,543
Basic earnings per common share	$	0.61	$	0.04	$	0.65
Diluted earnings per common share	$	0.61	$	0.04	$	0.65