Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2019

Segment Reporting Information [Line Items]

Schedule of Segment Reporting Information, by Segment

The following tables present revenues, gross profit, operating income and amortization by reportable segment (in millions):

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2019			2018			2019			2018
Apex:
Revenues	$	628.5		$	567.6		$	1,234.6		$	1,106.1
Gross profit	187.8			169.7			363.2			328.3
Operating income	72.9			64.9			133.9			121.2
Amortization	5.5			6.6			11.5			13.1
Oxford:
Revenues	$	153.2		$	155.8		$	302.8		$	302.5
Gross profit	62.5			65.5			121.4			124.6
Operating income	11.0			14.8			22.7			24.6
Amortization	1.0			1.0			2.0			2.1
ECS:
Revenues	$	190.6		$	155.1		$	358.6		$	155.1
Gross profit	34.9			28.7			64.5			28.7
Operating income	10.9			3.7			17.8			3.7
Amortization	6.6			10.9			13.4			10.9
Corporate:
Operating loss(1)	$	(21.5	)	$	(17.7	)	$	(38.4	)	$	(38.1	)
Consolidated:
Revenues	$	972.3		$	878.5		$	1,896.0		$	1,563.7
Gross profit	285.2			263.9			549.1			481.6
Operating income	73.3			65.7			136.0			111.4
Amortization	13.1			18.5			26.9			26.1

_____________

(1)

Corporate expenses primarily consist of consolidated stock-based compensation expense, compensation for corporate employees, acquisition, integration and strategic planning expenses, public company expenses and depreciation expense for corporate assets.

Disaggregation of Revenue

The following table presents revenues disaggregated by type (in millions):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2019		2018		2019		2018
Apex:
Assignment	$	613.0	$	553.7	$	1,205.2	$	1,078.6
Permanent placement	15.5		13.9		29.4		27.5
	$	628.5	$	567.6	$	1,234.6	$	1,106.1
Oxford:
Assignment	$	131.4	$	130.3	$	260.8	$	255.7
Permanent placement	21.8		25.5		42.0		46.8
	$	153.2	$	155.8	$	302.8	$	302.5
ECS:
Firm-fixed-price	$	46.1	$	44.8	$	89.4	$	44.8
Time and materials	70.8		49.0		132.2		49.0
Cost-plus-fixed-fee	73.7		61.3		137.0		61.3
	$	190.6	$	155.1	$	358.6	$	155.1
Consolidated	$	972.3	$	878.5	$	1,896.0	$	1,563.7

Schedule of Revenue by Geographical Areas

The Company operates internationally, with operations mainly in the United States. The following table presents revenues by geographic location (in millions):

	Three Months Ended								Six Months Ended
	June 30,								June 30,
	2019		%		2018		%		2019		%		2018		%
Revenues:
Domestic	$	929.8	95.6	%	$	838.0	95.4	%	$	1,810.9	95.5	%	$	1,485.3	95.0	%
Foreign	42.5		4.4	%	40.5		4.6	%	85.1		4.5	%	78.4		5.0	%
	$	972.3	100	%	$	878.5	100	%	$	1,896.0	100	%	$	1,563.7	100	%

Revenue from External Customers by Products and Services

The following table presents the ECS segment revenues by customer type (in millions):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2019		2018		2019		2018
Department of Defense and Intelligence Agencies	$	107.6	$	95.5	$	203.6	$	95.5
Federal Civilian	71.3		51.0		131.5		51.0
Commercial and Other	11.7		8.6		23.5		8.6
	$	190.6	$	155.1	$	358.6	$	155.1