XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue $ 9,361 $ 6,881 $ 26,794 $ 15,991
Cost of staffing revenue, owned locations 1,123 0 2,832 0
Gross profit 8,238 6,881 23,962 15,991
Selling, general and administrative expenses 2,395 3,044 8,763 8,927
Depreciation and amortization 601 366 1,777 1,065
Income from operations 5,242 3,471 13,422 5,999
Other miscellaneous income (expense) (99) 36 (2,020) 3,847
Interest income 51 54 198 285
Interest and other financing expense (100) (42) (256) (67)
Net income before income taxes 5,094 3,519 11,344 10,064
Provision for income taxes 946 325 1,880 408
Net income from continuing operations 4,148 3,194 9,464 9,656
Income from discontinued operations, net of tax 98 0 277 0
Net income $ 4,246 $ 3,194 $ 9,741 $ 9,656
Basic earnings per share        
Continuing operations (in dollars per share) $ 0.30 $ 0.24 $ 0.70 $ 0.72
Discontinued operations (in dollars per share) 0.01 0 0.02 0
Total (in dollars per share) 0.31 0.24 0.72 0.72
Diluted earnings per share        
Continuing operations (in dollars per share) 0.30 0.23 0.69 0.71
Discontinued operations (in dollars per share) 0.01 0 0.02 0
Total (in dollars per share) $ 0.31 $ 0.23 $ 0.71 $ 0.71
Weighted average shares outstanding        
Basic (in shares) 13,610 13,482 13,598 13,461
Diluted (in shares) 13,677 13,622 13,688 13,588
Royalty [Member]        
Revenue $ 7,433 $ 6,540 $ 21,226 $ 15,250
Staffing, Owned Locations [Member]        
Revenue 1,499 0 3,891 0
Service [Member]        
Revenue $ 429 $ 341 $ 1,677 $ 741