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Reportable Segments (Tables)
12 Months Ended
Sep. 28, 2014
Reportable Segments  
Summarized financial information of reportable segments

                                                                                                                                                                                                          

 

 

Fiscal Year Ended

 

 

 

September 28,
2014

 

September 29,
2013

 

September 30,
2012

 

 

 

(in thousands)

 

Revenue 

 

 

 

 

 

 

 

 

 

 

ECS

 

$

963,024

 

$

1,035,983

 

$

1,155,256

 

TSS

 

 

912,749

 

 

932,375

 

 

1,020,779

 

RCM

 

 

703,253

 

 

725,689

 

 

621,957

 

Elimination of inter-segment revenue

 

 

(95,212

)

 

(80,292

)

 

(86,917

)

 

 

 

 

 

 

 

 

Total revenue

 

$

2,483,814

 

$

2,613,755

 

$

2,711,075

 

 

 

 

 

 

 

 

 


Operating Income


 


 


 


 


 


 


 

ECS

 

$

76,015

 

$

44,598

 

$

96,220

 

TSS

 

 

91,859

 

 

71,842

 

 

71,767

 

RCM

 

 

(34,310

)

 

(6,706

)

 

22,374

 

Corporate (1)

 

 

20,269

 

 

(89,516

)

 

(23,994

)

 

 

 

 

 

 

 

 

Total operating income

 

$

153,833

 

$

20,218

 

$

166,367

 

 

 

 

 

 

 

 

 


Depreciation


 


 


 


 


 


 


 

ECS

 

$

7,704

 

$

10,494

 

$

10,126

 

TSS

 

 

2,303

 

 

2,839

 

 

3,227

 

RCM

 

 

13,342

 

 

13,160

 

 

10,233

 

Corporate

 

 

3,103

 

 

3,055

 

 

3,065

 

 

 

 

 

 

 

 

 

Total depreciation

 

$

26,452

 

$

29,548

 

$

26,651

 

 

 

 

 

 

 

 

 


 


 


 


 


 


 


 


 


 


 


 

 

 

(1)Includes goodwill impairment charge, amortization of intangibles, other costs and other income not allocable to segments. The goodwill impairment charge of $56.6 million for fiscal 2013 was recorded at Corporate. The intangible asset amortization expense for fiscal 2014, 2013 and 2012 was $27.3 million, $32.4 million and $29.6 million, respectively. Corporate results also included income for fair value adjustments to contingent consideration liabilities of $58.7 million, $9.6 million and $19.2 million for 2014, 2013 and 2012, respectively.

                                                                                                                                                                                                                 

 

 

September 28,
2014

 

September 29,
2013

 

 

 

(in thousands)

 

Total Assets 

 

 

 

 

 

 

 

ECS

 

$

920,890

 

$

912,996

 

TSS

 

 

741,011

 

 

673,864

 

RCM

 

 

408,238

 

 

435,053

 

Corporate (1)

 

 

(293,735

)

 

(222,821

)

 

 

 

 

 

 

Total assets

 

$

1,776,404

 

$

1,799,092

 

 

 

 

 

 

 

 

 

 

 

 

 


 


 


 


 


 


 


 


 


 


 


 

 

 

(1)Corporate assets consist of intercompany eliminations and assets not allocated to segments including goodwill, intangible assets, deferred income taxes and certain other assets.

Schedule of geographic information

 

 

Fiscal Year Ended

 

 

 

September 28, 2014

 

September 29, 2013

 

September 30, 2012

 

 

 

Revenue

 

Long-Lived
Assets (2) 

 

Revenue

 

Long-Lived
Assets (2) 

 

Revenue

 

Long-Lived
Assets (2) 

 

 

 

 

 

 

 

(in thousands)

 

 

 

 

 

United States

 

$

1,840,129 

 

$

95,425 

 

$

1,915,780 

 

$

110,313 

 

$

2,046,700 

 

$

100,958 

 

Foreign countries (1)

 

 

643,685 

 

 

68,187 

 

 

697,975 

 

 

90,435 

 

 

664,375 

 

 

70,010 

 

 

 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 

 

(1)

Includes revenue generated from our foreign operations, primarily in Canada, and revenue generated from non-U.S. clients. Long-lived assets consist primarily of amounts from our Canadian operations.

(2)

Excludes goodwill and intangible assets.

 

Summary of revenue by client sector

                                                                                                                                                                                                         

 

 

Fiscal Year Ended

 

 

 

September 28,
2014

 

September 29,
2013

 

September 30,
2012

 

 

 

(in thousands)

 

Client Sector 

 

 

 

 

 

 

 

 

 

 

International (1)

 

$

643,685 

 

$

697,975 

 

$

664,375 

 

U.S commercial

 

 

719,006 

 

 

693,677 

 

 

718,457 

 

U.S. federal government (2)

 

 

766,514 

 

 

829,790 

 

 

1,008,424 

 

U.S. state and local government

 

 

354,609 

 

 

392,313 

 

 

319,819 

 

 

 

 

 

 

 

 

 

Total

 

$

2,483,814 

 

$

2,613,755 

 

$

2,711,075 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 


 


 


 


 


 


 


 


 


 


 

 

 

 

(1)

Includes revenue generated from foreign operations, primarily in Canada, and revenue generated from non-U.S. clients.

(2)

Includes revenue generated under U.S. federal government contracts performed outside the United States.