Discontinued Operations

12 Months Ended

Dec. 31, 2016

Discontinued Operations [Abstract]

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

Discontinued Operations

On February 1, 2015, the Company completed the sale of its Physician Segment for $123.0 million including $6.0 million that was held in escrow and was released in March 2016. The gain on the sale was $25.7 million (net of income taxes of $14.4 million). The operating results of this segment are presented as discontinued operations in the consolidated statements of operations and comprehensive income for all periods presented.

Cash flows from discontinued operations are included in the accompanying consolidated statements of cash flows. The cash flows that are attributable to the Physician Segment are as follows (in thousands):

	Year Ended December 31,
	2016		2015			2014
Net cash provided by (used in) operating activities	$	5	$	(1,778	)	$	836
Net cash provided by (used in) investing activities:
Cash received from sale of discontinued operations, net	$	6,000	$	115,440		$	—
Other	—		(14		)	(308		)
Total cash provided by (used in) investing activities	$	6,000	$	115,426		$	(308	)

As of December 31, 2014, the Company closed its European retained search unit. Results for this European retained search unit, previously included in the former Life Sciences Europe Segment, have been presented as discontinued operations in the consolidated statements of operations and comprehensive income for all periods presented.

There were no significant operating results from discontinued operations for the year ended December 31, 2016. The following is a summary of the operating results of all of the Company's discontinued operations for the years ended December 31, 2015 and 2014 (in thousands):

	Year Ended December 31,
	2015		2014
Revenues	$	12,068	$	137,166
Costs of services	8,653		94,848
Gross profit	3,415		42,318
Selling, general and administrative expenses	2,385		33,078
Amortization of intangible assets	155		2,721
Income before income taxes	875		6,519
Provision for income taxes	350		2,830
Income from discontinued operations, net of income taxes	$	525	$	3,689

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

	Year Ended December 31,
	2015		2014
Revenues	$	12,068	$	137,166
Costs of services	8,653		94,848
Gross profit	3,415		42,318
Selling, general and administrative expenses	2,385		33,078
Amortization of intangible assets	155		2,721
Income before income taxes	875		6,519
Provision for income taxes	350		2,830
Income from discontinued operations, net of income taxes	$	525	$	3,689

The cash flows that are attributable to the Physician Segment are as follows (in thousands):

	Year Ended December 31,
	2016		2015			2014
Net cash provided by (used in) operating activities	$	5	$	(1,778	)	$	836
Net cash provided by (used in) investing activities:
Cash received from sale of discontinued operations, net	$	6,000	$	115,440		$	—
Other	—		(14		)	(308		)
Total cash provided by (used in) investing activities	$	6,000	$	115,426		$	(308	)