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Reportable Segments
9 Months Ended
Sep. 30, 2014
Segment Reporting [Abstract]  
Reportable Segments

Note H – Reportable Segments

Kforce’s reportable segments are as follows: (i) Tech; (ii) FA; and (iii) GS. This determination is supported by, among other factors: the existence of segment presidents 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 of Directors and our CODM. Kforce also reports Flexible billings and Search fees separately by segment, which has been incorporated into the table below. The following table has been updated to reflect the disposition of HIM. As described in Note B – “Discontinued Operations,” all revenues and gross profit associated with the discontinued operation have been recorded within income from discontinued operations, net of tax, in the Unaudited Condensed Consolidated Statement of Operations and Comprehensive Income.

Historically, and for the three and nine months ended September 30, 2014, 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 separately by segment as our operations are largely combined.

The following table provides information concerning the operations of our segments for the three and nine months ended September 30, 2014 and 2013 (in thousands):

 

     Tech      FA      GS      Total  

Three Months Ended September 30:

           

2014

           

Net service revenues:

           

Flexible billings

   $ 212,269       $ 64,254       $ 24,787       $ 301,310   

Search fees

     5,374         7,126         —           12,500   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total net service revenues

   $ 217,643       $ 71,380       $ 24,787       $ 313,810   
  

 

 

    

 

 

    

 

 

    

 

 

 

Gross profit

   $ 63,591       $ 26,425       $ 8,275       $ 98,291   

2013

           

Net service revenues:

           

Flexible billings

   $ 188,888       $ 54,791       $ 24,127       $ 267,806   

Search fees

     4,694         7,456         —           12,150   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total net service revenues

   $ 193,582       $ 62,247       $ 24,127       $ 279,956   
  

 

 

    

 

 

    

 

 

    

 

 

 

Gross profit

   $ 58,287       $ 24,064       $ 8,704       $ 91,055   

Nine Months Ended September 30:

           

2014

           

Net service revenues:

           

Flexible billings

   $ 610,897       $ 181,411       $ 71,504       $ 863,812   

Search fees

     14,418         20,362         —           34,780   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total net service revenues

   $ 625,315       $ 201,773       $ 71,504       $ 898,592   
  

 

 

    

 

 

    

 

 

    

 

 

 

Gross profit

   $ 180,210       $ 73,793       $ 22,200       $ 276,203   

2013

           

Net service revenues:

           

Flexible billings

   $ 526,941       $ 157,606       $ 70,254       $ 754,801   

Search fees

     14,845         22,021         —           36,866   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total net service revenues

   $ 541,786       $ 179,627       $ 70,254       $ 791,667   
  

 

 

    

 

 

    

 

 

    

 

 

 

Gross profit

   $ 161,181       $ 69,607       $ 24,217       $ 255,005