Reportable Segments |
Note B - Reportable Segments Kforce provides services through our Technology and Finance and Accounting (“FA”) segments. Historically, and for the three and nine months ended September 30, 2023, 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. The following table provides information on the operations of our segments (in thousands): | | | | | | | | | | | | | | | | | | | Technology | | FA | | Total | Three Months Ended September 30, | | | | | | 2023 | | | | | | Revenue | $ | 338,289 | | | $ | 34,833 | | | $ | 373,122 | | Gross profit | $ | 89,401 | | | $ | 14,060 | | | $ | 103,461 | | Operating and other expenses | | | | | $ | 87,609 | | Income from operations, before income taxes | | | | | $ | 15,852 | | 2022 | | | | | | Revenue | $ | 390,496 | | | $ | 47,124 | | | $ | 437,620 | | Gross profit | $ | 107,793 | | | $ | 18,877 | | | $ | 126,670 | | Operating and other expenses | | | | | $ | 96,257 | | Income from operations, before income taxes | | | | | $ | 30,413 | | | | | | | | Nine Months Ended September 30, | | | | | | 2023 | | | | | | Revenue | $ | 1,055,158 | | | $ | 113,151 | | | $ | 1,168,309 | | Gross profit | $ | 283,297 | | | $ | 44,406 | | | $ | 327,703 | | Operating and other expenses | | | | | $ | 263,873 | | Income from operations, before income taxes | | | | | $ | 63,830 | | 2022 | | | | | | Revenue | $ | 1,134,996 | | | $ | 156,107 | | | $ | 1,291,103 | | Gross profit | $ | 320,160 | | | $ | 61,468 | | | $ | 381,628 | | Operating and other expenses | | | | | $ | 288,383 | | Income from operations, before income taxes | | | | | $ | 93,245 | |
|