Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2018

Accounting Policies [Abstract]

Revenue by Vertical Market as Percentage of Total Revenue

CTG’s revenue by vertical market as a percentage of consolidated revenue for the three years ended December 31, 2018, 2017, and 2016 is as follows:

	2018			2017			2016
Technology service providers		32.4	%		33.1	%		35.2	%
Manufacturing		19.5	%		24.3	%		24.2	%
Healthcare		16.2	%		16.8	%		18.2	%
Financial services		15.2	%		9.1	%		7.8	%
Energy		4.7	%		5.0	%		5.3	%
General markets		12.0	%		11.7	%		9.3	%
Total		100.0	%		100.0	%		100.0	%

Revenue by Contract Type

The Company’s revenue from contracts accounted for under time-and-material, progress billing, and percentage-of-completion methods as a percentage of consolidated revenue for the three years ended December 31, 2018, 2017, and 2016 is as follows:

	2018			2017			2016
Time-and-material		84.7	%		85.9	%		86.5	%
Progress billing		10.5	%		10.8	%		10.8	%
Percentage-of-completion		4.8	%		3.3	%		2.7	%
Total		100.0	%		100.0	%		100.0	%

Schedule of Revenue by Geographic Location

The Company recorded revenue for fiscal years ended 2018 compared to 2017 and 2017 compared to 2016 as follows:

Year Ended December 31,	% of total			2018		% of total			2017		Year-Over- YearChange
(dollars in thousands)
North America		64.9	%	$	232,695		73.1	%	$	220,085		5.7	%
Europe		35.1	%		126,074		26.9	%		81,125		55.4	%
Total		100.0	%	$	358,769		100.0	%	$	301,210		19.1	%

Year Ended December 31,	% of total			2017		% of total			2016		Year-Over- YearChange
(dollars in thousands)
North America		73.1	%	$	220,085		78.3	%	$	254,264		(13.4	)%
Europe		26.9	%		81,125		21.7	%		70,629		14.9	%
Total		100.0	%	$	301,210		100.0	%	$	324,893		(7.3	)%

Summary of Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the year ended December 31, 2018 are as follows:

(amounts in thousands)
Balance at December 31, 2017	$	—
Acquired goodwill		12,720
Foreign currency translation		(1,056	)
Balance at December 31, 2018	$	11,664

Summary of Acquired Intangible Assets

Acquired intangible assets at December 31, 2018 consist of the following:

(amounts in thousands)	Estimated Economic Life	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Trademarks	2 years	$	686	$	300	$	386
Customer relationships	13 years		5,951		401		5,550
Total		$	6,637	$	701	$	5,936

Summary of Estimated Amortization Expense

Estimated amortization expense for fiscal 2019 and the five succeeding fiscal years and thereafter is as follows (amounts in thousands):

Year	Annual Amortization
2019	$	801
2020		501
2021		458
2022		458
2023		458
Thereafter		3,260
Total	$	5,936

Basic and Diluted Earnings (Loss) Per Share (EPS)

Basic and diluted earnings (loss) per share (EPS) for the years ended December 31, 2018, 2017, and 2016 are as follows:

For the year ended	Net Income (loss)			Weighted Average Shares		Earnings (loss) per Share
(amounts in thousands, except per-share data)
December 31, 2018
Basic EPS	$	(2,817	)		13,805	$	(0.20	)
Dilutive effect of outstanding equity instruments		—			—		—
Diluted EPS	$	(2,817	)		13,805	$	(0.20	)
December 31, 2017
Basic EPS	$	806			15,055	$	0.05
Dilutive effect of outstanding equity instruments		—			269		—
Diluted EPS	$	806			15,324	$	0.05
December 31, 2016
Basic EPS	$	(34,638	)		15,593	$	(2.22	)
Dilutive effect of outstanding equity instruments		—			—		—
Diluted EPS	$	(34,638	)		15,593	$	(2.22	)

Schedule of Accumulated Other Comprehensive Loss

The components that comprised accumulated other comprehensive loss on the consolidated balance sheets at December 31, 2018 and 2017 are as follows:

(amounts in thousands)	2018			2017
Foreign currency translation adjustment, net of taxes	$	(8,022	)	$	(5,963	)
Implementation of accounting standards		(263	)		—
Pension loss, net of tax of $0 in 2018, and $527 in 2017		(6,326	)		(7,713	)
Accumulated other comprehensive loss	$	(14,611	)	$	(13,676	)

Schedule of Net Benefit Costs

During 2018, 2017, and 2016, actuarial losses were amortized to expense as follows:

(amounts in thousands)	2018		2017			2016
Amortization of actuarial losses	$	277	$	322		$	285
Income tax		—		(57	)		(63	)
Net of tax	$	277	$	265		$	222