Reportable Segments

9 Months Ended

Sep. 30, 2018

Kforce provides services through the following segments: (1) Technology (“Tech”); (2) Finance and Accounting (“FA”); and (3) Government Solutions (“GS”). Historically, and for the three and nine months ended September 30, 2018 and 2017, we have reported sales and gross profit information on a segment basis. Total assets, liabilities and operating expenses are not reported separately by segment as our operations are largely combined.

For the nine months ended September 30, 2017, our Tech segment has included the results of operations for Kforce Global Solutions, Inc., (“Global”). Kforce completed the sale of Global’s assets during the three months ended September 30, 2017 and this sale did not meet the definition of discontinued operations. Kforce recorded a $3.3 million gain on sale of Global’s assets, which was recorded in Selling, general and administrative expenses within the accompanying Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income.

The following table provides information concerning the operations of our segments (in thousands):


	Tech		FA		GS		Total
Three Months Ended September 30,
2018
Revenue	$	251,079	$	75,505	$	28,868	$	355,452
Gross profit	$	69,522	$	26,523	$	8,336	$	104,381
Operating expenses							82,762
Income before income taxes							$	21,619
2017
Revenue	$	229,281	$	85,225	$	26,547	$	341,053
Gross profit	$	65,560	$	29,709	$	9,106	$	104,375
Operating expenses							85,395
Income before income taxes							$	18,980
Nine Months Ended September 30,
2018
Revenue	$	737,339	$	236,221	$	86,809	$	1,060,369
Gross profit	$	206,700	$	82,074	$	23,278	$	312,052
Operating expenses							256,342
Income before income taxes							$	55,710
2017
Revenue	$	679,695	$	260,786	$	74,873	$	1,015,354
Gross profit	$	192,223	$	89,666	$	23,540	$	305,429
Operating expenses							259,224
Income before income taxes							$	46,205