XML 45 R4.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues $ 572,123 $ 442,443 $ 1,487,491 $ 1,283,718
Cost of services 380,719 297,605 1,001,678 868,820
Gross profit 191,404 144,838 485,813 414,898
Selling, general and administrative expenses 128,614 100,608 353,416 296,331
Amortization of intangible assets 11,325 5,532 23,151 16,592
Operating income 51,465 38,698 109,246 101,975
Interest expense, net (9,543) (3,101) (17,346) (9,532)
Write off of Deferred Debt Issuance Cost 0 0 (3,751) 0
Income before income taxes 41,922 35,597 88,149 92,443
Provision for income taxes 17,031 14,874 35,900 38,474
Income from continuing operations 24,891 20,723 52,249 53,969
Gain on sale of discontinued operations, net of income taxes 0 0 25,703 0
Income from discontinued operations, net of tax 34 1,282 360 2,742
Net income $ 24,925 $ 22,005 $ 78,312 $ 56,711
Basic earnings per common share:        
Income from continuing operations $ 0.47 $ 0.39 $ 1.00 $ 1.00
Discontinued operations 0.00 0.02 0.50 0.05
Net income 0.47 0.41 1.50 1.05
Diluted earnings per common share:        
Income from continuing operations 0.47 0.38 0.99 0.98
Discontinued operations 0.00 0.03 0.49 0.05
Net income $ 0.47 $ 0.41 $ 1.48 $ 1.03
Number of shares and share equivalents used to calculate earnings per share:        
Basic 52,654 53,374 52,053 53,955
Diluted 53,304 54,129 52,759 54,804
Reconciliation of net income to comprehensive income:        
Net income $ 24,925 $ 22,005 $ 78,312 $ 56,711
Changes in fair value of derivatives, net of tax 0 19 122 70
Foreign currency translation adjustment, net of tax 290 (2,884) (2,606) (3,088)
Comprehensive income $ 25,215 $ 19,140 $ 75,828 $ 53,693