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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:      
Professional employer service fees $ 673,924 $ 572,286 $ 470,522
Staffing services 166,662 168,555 165,833
Total revenues 840,586 740,841 636,355
Cost of revenues:      
Direct payroll costs 126,753 127,964 126,399
Payroll taxes and benefits 357,867 312,284 263,100
Workers' compensation 210,430 171,137 213,451
Total cost of revenues 695,050 611,385 602,950
Gross margin 145,536 129,456 33,405
Selling, general and administrative expenses 113,342 90,177 74,065
Depreciation and amortization 3,253 2,851 2,506
Income (loss) from operations 28,941 36,428 (43,166)
Other (expense) income:      
Investment income, net 956 771 543
Interest expense (807) (1,965) (173)
Loss on litigation (3,544) 0 0
Other, net 40 (88) 152
Other (expense) income, net (3,355) (1,282) 522
Income (loss) before income taxes 25,586 35,146 (42,644)
Provision for (benefit from) income taxes 6,787 9,652 (17,098)
Net income (loss) $ 18,799 $ 25,494 $ (25,546)
Basic earnings (loss) per common share $ 2.60 $ 3.55 $ (3.57)
Weighted average number of basic common shares outstanding 7,226 7,173 7,160
Diluted earnings (loss) per common share $ 2.55 $ 3.47 $ (3.57)
Weighted average number of diluted common shares outstanding 7,378 7,353 7,160