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Reportable Segments
6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Reportable Segments
Reportable Segments
Kforce’s reportable segments are as follows: (1) Tech; (2) FA; and (3) GS. This determination is supported by, among other factors: the existence of individuals responsible for the operations of each segment and who also report directly to our chief operating decision maker (“CODM”), the nature of the segment’s operations and information presented to the Board and our CODM. Kforce also reports Flexible billings and Direct Hire fees separately by segment, which has been incorporated into the table below.
Historically, and for the three and six months ended June 30, 2016 and 2015, Kforce has generated only sales and gross profit information on a segment basis. Substantially all operations and long-lived assets are located in the United States. We do not report total assets or income separately by segment as our operations are largely combined.
The following table provides information concerning the operations of our segments for the three and six months ended June 30, 2016 and 2015 (in thousands):
 
Tech
 
FA
 
GS
 
Total
Three Months Ended June 30,
 
 
 
 
 
 
 
2016
 
 
 
 
 
 
 
Net service revenues:
 
 
 
 
 
 
 
Flexible billings
$
219,412

 
$
76,769

 
$
25,292

 
$
321,473

Direct Hire fees
5,146

 
8,428

 

 
13,574

Total net service revenues
$
224,558

 
$
85,197

 
$
25,292

 
$
335,047

Gross profit
$
66,168

 
$
31,435

 
$
8,679

 
$
106,282

Operating expenses
 
 
 
 
 
 
88,557

Income before income taxes
 
 
 
 
 
 
$
17,725

2015
 
 
 
 
 
 
 
Net service revenues:
 
 
 
 
 
 
 
Flexible billings
$
225,873

 
$
72,773

 
$
24,264

 
$
322,910

Direct Hire fees
6,291

 
8,152

 

 
14,443

Total net service revenues
$
232,164

 
$
80,925

 
$
24,264

 
$
337,353

Gross profit
$
68,637

 
$
29,830

 
$
7,571

 
$
106,038

Operating expenses
 
 
 
 
 
 
86,612

Income before income taxes
 
 
 
 
 
 
$
19,426

Six Months Ended June 30,
 
 
 
 
 
 
 
2016
 
 
 
 
 
 
 
Net service revenues:
 
 
 
 
 
 
 
Flexible billings
$
430,621

 
$
152,075

 
$
48,413

 
$
631,109

Direct Hire fees
10,525

 
15,614

 

 
26,139

Total net service revenues
$
441,146

 
$
167,689

 
$
48,413

 
$
657,248

Gross profit
$
127,959

 
$
60,256

 
$
15,256

 
$
203,471

Operating expenses
 
 
 
 
 
 
177,007

Income before income taxes
 
 
 
 
 
 
$
26,464

2015
 
 
 
 
 
 
 
Net service revenues:
 
 
 
 
 
 
 
Flexible billings
$
434,311

 
$
138,967

 
$
50,164

 
$
623,442

Direct Hire fees
11,492

 
15,030

 

 
26,522

Total net service revenues
$
445,803

 
$
153,997

 
$
50,164

 
$
649,964

Gross profit
$
128,854

 
$
55,519

 
$
16,405

 
$
200,778

Operating expenses
 
 
 
 
 
 
171,814

Income before income taxes
 
 
 
 
 
 
$
28,964