Segment Reporting

6 Months Ended

Jun. 30, 2015

Segment Reporting [Abstract]

Segment Reporting

13. Segment Reporting

The Company has two reportable segments: Apex and Oxford.

The Apex Segment has historically provided information technology and scientific staffing professionals for contract, contract-to-hire and permanent placement positions to Fortune 1000 and mid-market clients across the United States. With the acquisition of Creative Circle on June 5, 2015 the Apex Segment also provides professionals with digital/creative skillsets. The Apex Segment also offers consulting services for select project-based needs. This segment provides staffing and services support to companies from all major industries, including financial services, business services, consumer and industrials, technology, government services, communications, advertising, and scientific.

The Oxford Segment provides high-end contract placement services of information technology and engineering professionals with expertise in specialized information technology, software and hardware engineering, and mechanical, electrical, validation, telecommunications engineering, laboratory and life sciences fields. The Oxford Segment also provides direct hire placement services of professionals across many different fields and functions; the majority of its placements are information technology, finance, accounting, sales, engineering, laboratory and scientific professionals. During the quarter ended June 30, 2015, due to management changes, the Company realigned its former Life Sciences Europe Segment and it is now included in the Oxford Segment. All prior periods have been retrospectively restated to conform to the current presentation.

The Company’s management evaluates the performance of each segment primarily based on revenues, gross profit, and operating income. The information in the following tables is derived directly from the segments’ internal financial reporting used for corporate management purposes. The Company's management does not evaluate, manage or measure performance of segments using asset information, and such information is not readily available. Accordingly, assets by reportable segment are not disclosed. The following tables present revenues, gross profit, operating income and amortization by reportable segment (in thousands):

	Three Months Ended									Three Months Ended
	June 30, 2015									June 30, 2014
	Apex		Oxford		Corporate			Total		Apex		Oxford		Corporate			Total
Revenues	$	338,704	$	146,619	$	—		$	485,323	$	297,893	$	136,531	$	—		$	434,424
Gross profit	97,652		60,882		—			158,534		84,677		57,228		—			141,905
Operating income	34,228		18,830		(20,348		)	32,710		31,708		19,028		(13,967		)	36,769
Amortization	5,384		1,573		—			6,957		4,089		1,433		—			5,522

	Six Months Ended									Six Months Ended
	June 30, 2015									June 30, 2014
	Apex		Oxford		Corporate			Total		Apex		Oxford		Corporate			Total
Revenues	$	632,997	$	282,371	$	—		$	915,368	$	576,301	$	264,974	$	—		$	841,275
Gross profit	177,295		117,114		—			294,409		160,183		109,877		—			270,060
Operating income	57,139		34,575		(33,933		)	57,781		54,492		34,633		(25,848		)	63,277
Amortization	8,906		2,920		—			11,826		8,178		2,874		8			11,060

As described in "Note 4. Discontinued Operations,"the Company sold its Physician Segment on February 1, 2015 and the results of that business are reported as discontinued operations in the condensed consolidated statements of operations for all periods presented. Accordingly, the Physician Segment is not included in the tables above. Approximately $0.4 million and $0.8 million of the previously reported Corporate costs during the three and six months ended June 30, 2014, respectively, were specifically attributed to the Physician Segment and those costs are included in discontinued operations in the condensed consolidated statements of operations, as these costs are not reflective of ongoing operations.

The following table represents revenues by type (in thousands):

	Three Months Ended								Six Months Ended
	June 30,								June 30,
	2015		%		2014		%		2015		%		2014		%
Revenues:
Assignment	$	456,592	94.1	%	$	412,953	95.1	%	$	862,733	94.2	%	$	800,810	95.2	%
Direct hire and conversion fees	28,731		5.9	%	21,471		4.9	%	52,635		5.8	%	40,465		4.8	%
	$	485,323	100.0	%	$	434,424	100.0	%	$	915,368	100.0	%	$	841,275	100.0	%

The Company operates internationally, with operations mainly in the United States, Europe, and Canada. The following table represents revenues by geographic location (in thousands):

	Three Months Ended								Six Months Ended
	June 30,								June 30,
	2015		%		2014		%		2015		%		2014		%
Revenues:
Domestic	$	462,989	95.4	%	$	414,624	95.4	%	$	873,745	95.5	%	$	801,577	95.3	%
Foreign	22,334		4.6	%	19,800		4.6	%	41,623		4.5	%	39,698		4.7	%
	$	485,323	100.0	%	$	434,424	100.0	%	$	915,368	100.0	%	$	841,275	100.0	%