We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
ASGN Inc | NYSE:ASGN | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
2.02 | 2.10% | 98.17 | 98.90 | 96.83 | 97.28 | 220,449 | 01:00:00 |
x
|
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|
o
|
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|
Delaware
|
95-4023433
|
||||
(State of Incorporation)
|
(I.R.S. Employer Identification No.)
|
||||
|
|
||||
26745 Malibu Hills Road, Calabasas, CA
|
91301
|
||||
(Address of principal executive offices)
|
(Zip Code)
|
||||
|
|
Large accelerated filer
x
|
Accelerated filer
o
|
Non-accelerated filer
o
|
Smaller reporting company
o
|
|
Emerging growth company
o
|
ON ASSIGNMENT, INC. AND SUBSIDIARIES
INDEX
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30,
2017 |
|
December 31,
2016 |
||||
ASSETS
|
|
|
|
||||
Current assets:
|
|
|
|
||||
Cash and cash equivalents
|
$
|
18,963
|
|
|
$
|
27,044
|
|
Accounts receivable, net of allowance of $8,809 and $8,093, respectively
|
417,267
|
|
|
386,858
|
|
||
Prepaid expenses and income taxes
|
8,761
|
|
|
6,331
|
|
||
Workers' compensation receivable
|
14,572
|
|
|
14,001
|
|
||
Other current assets
|
3,117
|
|
|
3,290
|
|
||
Total current assets
|
462,680
|
|
|
437,524
|
|
||
Property and equipment, net
|
59,800
|
|
|
56,942
|
|
||
Goodwill
|
875,431
|
|
|
873,513
|
|
||
Identifiable intangible assets, net
|
361,540
|
|
|
377,730
|
|
||
Other non-current assets
|
7,193
|
|
|
6,958
|
|
||
Total assets
|
$
|
1,766,644
|
|
|
$
|
1,752,667
|
|
LIABILITIES AND STOCKHOLDERS’ EQUITY
|
|
|
|
||||
Current liabilities:
|
|
|
|
||||
Accounts payable
|
$
|
6,314
|
|
|
$
|
6,266
|
|
Accrued payroll and contract professional pay
|
118,115
|
|
|
111,596
|
|
||
Workers’ compensation loss reserves
|
16,686
|
|
|
15,784
|
|
||
Income taxes payable
|
13,328
|
|
|
1,260
|
|
||
Other current liabilities
|
23,934
|
|
|
27,593
|
|
||
Total current liabilities
|
178,377
|
|
|
162,499
|
|
||
Long-term debt
|
579,782
|
|
|
640,355
|
|
||
Deferred income tax liabilities
|
74,366
|
|
|
74,282
|
|
||
Other long-term liabilities
|
6,757
|
|
|
6,592
|
|
||
Total liabilities
|
839,282
|
|
|
883,728
|
|
||
Commitments and contingencies (Note 5)
|
|
|
|
|
|
||
Stockholders’ equity:
|
|
|
|
||||
Preferred stock, $0.01 par value, 1,000,000 shares authorized, no shares issued
|
—
|
|
|
—
|
|
||
Common stock, $0.01 par value, 75,000,000 shares authorized, 52,840,567
and 52,716,388 issued and outstanding at June 30, 2017 and December 31, 2016, respectively
|
528
|
|
|
527
|
|
||
Paid-in capital
|
569,646
|
|
|
562,862
|
|
||
Retained earnings
|
363,366
|
|
|
315,573
|
|
||
Accumulated other comprehensive loss
|
(6,178
|
)
|
|
(10,023
|
)
|
||
Total stockholders’ equity
|
927,362
|
|
|
868,939
|
|
||
Total liabilities and stockholders’ equity
|
$
|
1,766,644
|
|
|
$
|
1,752,667
|
|
|
Three Months Ended
|
|
Six Months Ended
|
||||||||||||
June 30,
|
June 30,
|
||||||||||||||
|
2017
|
|
2016
|
|
2017
|
|
2016
|
||||||||
Revenues
|
$
|
653,313
|
|
|
$
|
608,088
|
|
|
$
|
1,279,841
|
|
|
$
|
1,190,128
|
|
Costs of services
|
440,376
|
|
|
406,002
|
|
|
868,760
|
|
|
800,260
|
|
||||
Gross profit
|
212,937
|
|
|
202,086
|
|
|
411,081
|
|
|
389,868
|
|
||||
Selling, general and administrative expenses
|
145,177
|
|
|
141,350
|
|
|
291,249
|
|
|
281,231
|
|
||||
Amortization of intangible assets
|
8,299
|
|
|
10,032
|
|
|
16,763
|
|
|
20,176
|
|
||||
Operating income
|
59,461
|
|
|
50,704
|
|
|
103,069
|
|
|
88,461
|
|
||||
Interest expense
|
(6,067
|
)
|
|
(7,959
|
)
|
|
(14,568
|
)
|
|
(16,984
|
)
|
||||
Income before income taxes
|
53,394
|
|
|
42,745
|
|
|
88,501
|
|
|
71,477
|
|
||||
Provision for income taxes
|
20,158
|
|
|
16,732
|
|
|
32,883
|
|
|
28,116
|
|
||||
Income from continuing operations
|
33,236
|
|
|
26,013
|
|
|
55,618
|
|
|
43,361
|
|
||||
Income (loss) from discontinued operations, net of income taxes
|
(139
|
)
|
|
(9
|
)
|
|
(130
|
)
|
|
44
|
|
||||
Net income
|
$
|
33,097
|
|
|
$
|
26,004
|
|
|
$
|
55,488
|
|
|
$
|
43,405
|
|
|
|
|
|
|
|
|
|
||||||||
Basic earnings per common share:
|
|
|
|
|
|
|
|
||||||||
Continuing operations
|
$
|
0.63
|
|
|
$
|
0.49
|
|
|
$
|
1.05
|
|
|
$
|
0.81
|
|
Discontinued operations
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
||||
Net income
|
$
|
0.63
|
|
|
$
|
0.49
|
|
|
$
|
1.05
|
|
|
$
|
0.81
|
|
|
|
|
|
|
|
|
|
||||||||
Diluted earnings per common share:
|
|
|
|
|
|
|
|
||||||||
Continuing operations
|
$
|
0.62
|
|
|
$
|
0.48
|
|
|
$
|
1.04
|
|
|
$
|
0.81
|
|
Discontinued operations
|
—
|
|
|
—
|
|
|
—
|
|
|
—
|
|
||||
Net income
|
$
|
0.62
|
|
|
$
|
0.48
|
|
|
$
|
1.04
|
|
|
$
|
0.81
|
|
|
|
|
|
|
|
|
|
||||||||
Number of shares and share equivalents used to calculate earnings per share:
|
|
|
|
|
|
|
|
||||||||
Basic
|
52,823
|
|
|
53,422
|
|
|
52,741
|
|
|
53,284
|
|
||||
Diluted
|
53,473
|
|
|
53,911
|
|
|
53,375
|
|
|
53,783
|
|
||||
|
|
|
|
|
|
|
|
||||||||
Reconciliation of net income to comprehensive income:
|
|
|
|
|
|
|
|
||||||||
Net income
|
$
|
33,097
|
|
|
$
|
26,004
|
|
|
$
|
55,488
|
|
|
$
|
43,405
|
|
Foreign currency translation adjustment
|
3,143
|
|
|
(1,083
|
)
|
|
3,845
|
|
|
260
|
|
||||
Comprehensive income
|
$
|
36,240
|
|
|
$
|
24,921
|
|
|
$
|
59,333
|
|
|
$
|
43,665
|
|
|
Six Months Ended
|
||||||
June 30,
|
|||||||
|
2017
|
|
2016
|
||||
Cash Flows from Operating Activities:
|
|
|
|
||||
Net income
|
$
|
55,488
|
|
|
$
|
43,405
|
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
|
|
|
||||
Depreciation and amortization
|
28,842
|
|
|
30,831
|
|
||
Stock-based compensation
|
11,561
|
|
|
13,458
|
|
||
Provision for doubtful accounts and billing adjustments
|
5,744
|
|
|
5,925
|
|
||
Fair value adjustment for contingent consideration
|
—
|
|
|
613
|
|
||
Workers’ compensation provision
|
1,682
|
|
|
1,062
|
|
||
Other
|
3,791
|
|
|
2,013
|
|
||
Changes in operating assets and liabilities:
|
|
|
|
||||
Accounts receivable
|
(35,222
|
)
|
|
(34,559
|
)
|
||
Prepaid expenses and income taxes
|
(2,343
|
)
|
|
4,862
|
|
||
Accounts payable
|
42
|
|
|
(3,180
|
)
|
||
Accrued payroll and contract professional pay
|
6,302
|
|
|
29,961
|
|
||
Income taxes payable
|
11,679
|
|
|
11,054
|
|
||
Workers’ compensation loss reserves
|
(1,351
|
)
|
|
(1,372
|
)
|
||
Payments of accrued earn-outs
|
—
|
|
|
(1,937
|
)
|
||
Other
|
(2,622
|
)
|
|
(2,012
|
)
|
||
Net cash provided by operating activities
(1)
|
83,593
|
|
|
100,124
|
|
||
Cash Flows from Investing Activities:
|
|
|
|
||||
Cash paid for property and equipment
|
(13,208
|
)
|
|
(13,909
|
)
|
||
Cash received from sale of discontinued operations, net
|
—
|
|
|
6,000
|
|
||
Other
|
(148
|
)
|
|
(350
|
)
|
||
Net cash used in investing activities
|
(13,356
|
)
|
|
(8,259
|
)
|
||
Cash Flows from Financing Activities:
|
|
|
|
||||
Principal payments of long-term debt
|
(64,000
|
)
|
|
(72,000
|
)
|
||
Proceeds from long-term debt
|
2,000
|
|
|
7,000
|
|
||
Proceeds from option exercises and employee stock purchase plan
|
4,148
|
|
|
5,921
|
|
||
Payment of employment taxes related to release of restricted stock awards
|
(6,863
|
)
|
|
(5,266
|
)
|
||
Repurchase of common stock
|
(12,136
|
)
|
|
(2,787
|
)
|
||
Debt issuance or amendment costs
|
(2,441
|
)
|
|
—
|
|
||
Payments of accrued earn-outs
|
—
|
|
|
(13,814
|
)
|
||
Net cash used in financing activities
(1)
|
(79,292
|
)
|
|
(80,946
|
)
|
||
Effect of exchange rate changes on cash and cash equivalents
|
974
|
|
|
(6)
|
|
||
Net Increase (Decrease) in Cash and Cash Equivalents
|
(8,081
|
)
|
|
10,913
|
|
||
Cash and Cash Equivalents at Beginning of Year
|
27,044
|
|
|
23,869
|
|
||
Cash and Cash Equivalents at End of Period
|
$
|
18,963
|
|
|
$
|
34,782
|
|
Supplemental Disclosure of Cash Flow Information
|
|
|
|
||||
Cash paid for:
|
|
|
|
||||
Income taxes
|
$
|
20,789
|
|
|
$
|
10,855
|
|
Interest
|
$
|
12,799
|
|
|
$
|
14,297
|
|
Supplemental Disclosure of Non-Cash Transactions
|
|
|
|
||||
Unpaid portion of additions to property and equipment
|
$
|
2,149
|
|
|
$
|
574
|
|
Unsettled repurchases of common stock
|
$
|
—
|
|
|
$
|
802
|
|
|
Apex Segment
|
|
Oxford Segment
|
|
Total
|
||||||
Balance as of December 31, 2015
|
$
|
644,617
|
|
|
$
|
230,289
|
|
|
$
|
874,906
|
|
Translation adjustment
|
—
|
|
|
(1,393
|
)
|
|
(1,393
|
)
|
|||
Balance as of December 31, 2016
|
644,617
|
|
|
228,896
|
|
|
873,513
|
|
|||
Translation adjustment
|
—
|
|
|
1,918
|
|
|
1,918
|
|
|||
Balance as of June 30, 2017
|
$
|
644,617
|
|
|
$
|
230,814
|
|
|
$
|
875,431
|
|
|
|
|
As of June 30, 2017
|
|
As of December 31, 2016
|
||||||||||||||||||||
|
Estimated Useful Life
|
|
Gross Carrying Amount
|
|
Accumulated Amortization
|
|
Net Carrying Amount
|
|
Gross Carrying Amount
|
|
Accumulated Amortization
|
|
Net Carrying Amount
|
||||||||||||
Subject to amortization:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||
Customer relationships
|
2 - 10 years
|
|
$
|
196,827
|
|
|
$
|
108,872
|
|
|
$
|
87,955
|
|
|
$
|
196,204
|
|
|
$
|
98,804
|
|
|
$
|
97,400
|
|
Contractor relationships
|
2 - 5 years
|
|
69,820
|
|
|
55,191
|
|
|
14,629
|
|
|
69,721
|
|
|
50,528
|
|
|
19,193
|
|
||||||
Non-compete agreements
|
2 - 7 years
|
|
10,892
|
|
|
5,712
|
|
|
5,180
|
|
|
10,861
|
|
|
4,922
|
|
|
5,939
|
|
||||||
In-use software
|
6 years
|
|
18,900
|
|
|
11,241
|
|
|
7,659
|
|
|
18,900
|
|
|
9,666
|
|
|
9,234
|
|
||||||
Favorable contracts
|
5 years
|
|
900
|
|
|
563
|
|
|
337
|
|
|
900
|
|
|
453
|
|
|
447
|
|
||||||
|
|
|
297,339
|
|
|
181,579
|
|
|
115,760
|
|
|
296,586
|
|
|
164,373
|
|
|
132,213
|
|
||||||
Not subject to amortization:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||
Trademarks
|
|
|
245,780
|
|
|
—
|
|
|
245,780
|
|
|
245,517
|
|
|
—
|
|
|
245,517
|
|
||||||
Total
|
|
|
$
|
543,119
|
|
|
$
|
181,579
|
|
|
$
|
361,540
|
|
|
$
|
542,103
|
|
|
$
|
164,373
|
|
|
$
|
377,730
|
|
|
June 30,
2017 |
|
December 31,
2016 |
||||
Revolving credit facility
|
$
|
—
|
|
|
$
|
—
|
|
Term B loan facility
|
594,000
|
|
|
656,000
|
|
||
|
594,000
|
|
|
656,000
|
|
||
Unamortized deferred loan costs
|
(14,218
|
)
|
|
(15,645
|
)
|
||
|
$
|
579,782
|
|
|
$
|
640,355
|
|
|
Three Months Ended
|
|
Six Months Ended
|
||||
|
June 30, 201
6
|
|
June 30, 201
6
|
||||
Balance at beginning of period
|
$
|
(21,594
|
)
|
|
$
|
(20,981
|
)
|
Payments on contingent consideration
|
15,751
|
|
|
15,751
|
|
||
Fair value adjustment
|
—
|
|
|
(613
|
)
|
||
Balance at end of period
|
$
|
(5,843
|
)
|
|
$
|
(5,843
|
)
|
|
Three Months Ended
|
|
Six Months Ended
|
||||||||
|
June 30,
|
|
June 30,
|
||||||||
|
2017
|
|
2016
|
|
2017
|
|
2016
|
||||
Weighted average number of common shares outstanding used to compute basic earnings per share
|
52,823
|
|
|
53,422
|
|
|
52,741
|
|
|
53,284
|
|
Dilutive effect of stock-based awards
|
650
|
|
|
489
|
|
|
634
|
|
|
499
|
|
Number of shares used to compute diluted earnings per share
|
53,473
|
|
|
53,911
|
|
|
53,375
|
|
|
53,783
|
|
|
Three Months Ended
|
|
Three Months Ended
|
||||||||||||||||||||||||||||
|
June 30, 2017
|
|
June 30, 201
6
|
||||||||||||||||||||||||||||
|
Apex
|
|
Oxford
|
|
Corporate
(1)
|
|
Total
|
|
Apex
|
|
Oxford
|
|
Corporate
(1)
|
|
Total
|
||||||||||||||||
Revenues
|
$
|
502,455
|
|
|
$
|
150,858
|
|
|
$
|
—
|
|
|
$
|
653,313
|
|
|
$
|
453,723
|
|
|
$
|
154,365
|
|
|
$
|
—
|
|
|
$
|
608,088
|
|
Gross profit
|
150,223
|
|
|
62,714
|
|
|
—
|
|
|
212,937
|
|
|
138,165
|
|
|
63,921
|
|
|
—
|
|
|
202,086
|
|
||||||||
Operating income
|
56,770
|
|
|
14,774
|
|
|
(12,083
|
)
|
|
59,461
|
|
|
50,190
|
|
|
13,856
|
|
|
(13,342
|
)
|
|
50,704
|
|
||||||||
Amortization
|
7,262
|
|
|
1,037
|
|
|
—
|
|
|
8,299
|
|
|
8,590
|
|
|
1,442
|
|
|
—
|
|
|
10,032
|
|
|
Six Months Ended
|
|
Six Months Ended
|
||||||||||||||||||||||||||||
|
June 30, 2017
|
|
June 30, 201
6
|
||||||||||||||||||||||||||||
|
Apex
|
|
Oxford
|
|
Corporate
(1)
|
|
Total
|
|
Apex
|
|
Oxford
|
|
Corporate
(1)
|
|
Total
|
||||||||||||||||
Revenues
|
$
|
984,970
|
|
|
$
|
294,871
|
|
|
$
|
—
|
|
|
$
|
1,279,841
|
|
|
$
|
886,878
|
|
|
$
|
303,250
|
|
|
$
|
—
|
|
|
$
|
1,190,128
|
|
Gross profit
|
290,142
|
|
|
120,939
|
|
|
—
|
|
|
411,081
|
|
|
264,309
|
|
|
125,559
|
|
|
—
|
|
|
389,868
|
|
||||||||
Operating income
|
103,663
|
|
|
23,437
|
|
|
(24,031
|
)
|
|
103,069
|
|
|
90,176
|
|
|
26,616
|
|
|
(28,331
|
)
|
|
88,461
|
|
||||||||
Amortization
|
14,789
|
|
|
1,974
|
|
|
—
|
|
|
16,763
|
|
|
17,180
|
|
|
2,996
|
|
|
—
|
|
|
20,176
|
|
(1)
|
Corporate expenses primarily consist of consolidated stock-based compensation expense, compensation for corporate employees, acquisition, integration and strategic planning expenses, public company expenses and depreciation expense for corporate assets.
|
|
Three Months Ended
|
|
Six Months Ended
|
||||||||||||||||||||||||
|
June 30,
|
|
June 30,
|
||||||||||||||||||||||||
|
2017
|
|
%
|
|
2016
|
|
%
|
|
2017
|
|
%
|
|
2016
|
|
%
|
||||||||||||
Revenues:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||
Assignment
|
$
|
620,014
|
|
|
94.9
|
%
|
|
$
|
574,323
|
|
|
94.4
|
%
|
|
$
|
1,214,529
|
|
|
94.9
|
%
|
|
$
|
1,123,875
|
|
|
94.4
|
%
|
Permanent placement
|
33,299
|
|
|
5.1
|
%
|
|
33,765
|
|
|
5.6
|
%
|
|
65,312
|
|
|
5.1
|
%
|
|
66,253
|
|
|
5.6
|
%
|
||||
|
$
|
653,313
|
|
|
100.0
|
%
|
|
$
|
608,088
|
|
|
100.0
|
%
|
|
$
|
1,279,841
|
|
|
100.0
|
%
|
|
$
|
1,190,128
|
|
|
100.0
|
%
|
|
Three Months Ended
|
|
Six Months Ended
|
||||||||||||||||||||||||
|
June 30,
|
|
June 30,
|
||||||||||||||||||||||||
|
2017
|
|
%
|
|
2016
|
|
%
|
|
2017
|
|
%
|
|
2016
|
|
%
|
||||||||||||
Revenues:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||
Domestic
|
$
|
620,682
|
|
|
95.0
|
%
|
|
$
|
578,165
|
|
|
95.1
|
%
|
|
$
|
1,216,983
|
|
|
95.1
|
%
|
|
$
|
1,132,603
|
|
|
95.2
|
%
|
Foreign
|
32,631
|
|
|
5.0
|
%
|
|
29,923
|
|
|
4.9
|
%
|
|
62,858
|
|
|
4.9
|
%
|
|
57,525
|
|
|
4.8
|
%
|
||||
|
$
|
653,313
|
|
|
100.0
|
%
|
|
$
|
608,088
|
|
|
100.0
|
%
|
|
$
|
1,279,841
|
|
|
100.0
|
%
|
|
$
|
1,190,128
|
|
|
100.0
|
%
|
|
|
Three Months Ended
June 30,
|
|
|
Year-Over-Year
Growth Rates
|
|
|||||||
|
|
2017
|
|
2016
|
|
|
|
||||||
|
|
|
|
|
|
|
|
|
|||||
Revenues by segment:
|
|
|
|
|
|
|
|
|
|||||
Apex:
|
|
|
|
|
|
|
|
|
|||||
Assignment
|
|
$
|
491.3
|
|
|
$
|
441.4
|
|
|
|
11.3
|
%
|
|
Permanent placement
|
|
11.2
|
|
|
12.3
|
|
|
|
(10.0
|
)%
|
|
||
|
|
502.5
|
|
|
453.7
|
|
|
|
10.7
|
%
|
|
||
Oxford:
|
|
|
|
|
|
|
|
|
|||||
Assignment
|
|
128.7
|
|
|
133.0
|
|
|
|
(3.2
|
)%
|
|
||
Permanent placement
|
|
22.1
|
|
|
21.4
|
|
|
|
3.6
|
%
|
|
||
|
|
150.8
|
|
|
154.4
|
|
|
|
(2.3
|
)%
|
|
||
Consolidated:
|
|
|
|
|
|
|
|
|
|||||
Assignment
|
|
620.0
|
|
|
574.4
|
|
|
|
8.0
|
%
|
|
||
Permanent placement
|
|
33.3
|
|
|
33.7
|
|
|
|
(1.4
|
)%
|
|
||
|
|
$
|
653.3
|
|
|
$
|
608.1
|
|
|
|
7.4
|
%
|
|
Percentage of total revenues:
|
|
|
|
|
|
|
|
|
|||||
Apex
|
|
76.9
|
%
|
|
74.6
|
%
|
|
|
|
|
|||
Oxford
|
|
23.1
|
%
|
|
25.4
|
%
|
|
|
|
|
|||
|
|
100.0
|
%
|
|
100.0
|
%
|
|
|
|
|
|||
|
|
|
|
|
|
|
|
|
|||||
Assignment
|
|
94.9
|
%
|
|
94.4
|
%
|
|
|
|
|
|||
Permanent placement
|
|
5.1
|
%
|
|
5.6
|
%
|
|
|
|
|
|||
|
|
100.0
|
%
|
|
100.0
|
%
|
|
|
|
|
|||
|
|
|
|
|
|
|
|
|
|||||
Domestic
|
|
95.0
|
%
|
|
95.1
|
%
|
|
|
|
|
|||
Foreign
|
|
5.0
|
%
|
|
4.9
|
%
|
|
|
|
|
|||
|
|
100.0
|
%
|
|
100.0
|
%
|
|
|
|
|
|
|
Three Months Ended
June 30,
|
|
|
Year-Over-Year
Growth Rates
|
|
|||||||
|
|
2017
|
|
2016
|
|
|
|
||||||
Gross profit:
|
|
|
|
|
|
|
|
|
|||||
Apex
|
|
$
|
150.3
|
|
|
$
|
138.1
|
|
|
|
8.7
|
%
|
|
Oxford
|
|
62.7
|
|
|
64.0
|
|
|
|
(1.9
|
)%
|
|
||
Consolidated
|
|
$
|
213.0
|
|
|
$
|
202.1
|
|
|
|
5.4
|
%
|
|
Gross margin:
|
|
|
|
|
|
|
|
|
|||||
Apex
|
|
29.9
|
%
|
|
30.5
|
%
|
|
|
|
|
|||
Oxford
|
|
41.6
|
%
|
|
41.4
|
%
|
|
|
|
|
|||
Consolidated
|
|
32.6
|
%
|
|
33.2
|
%
|
|
|
|
|
|
|
Six Months Ended June 30,
|
Year-Over-Year
Growth Rates
|
|
||||||||
|
|
2017
|
|
2016
|
|
|
||||||
Revenues by segment:
|
|
|
|
|
|
|
|
|||||
Apex:
|
|
|
|
|
|
|
|
|||||
Assignment
|
|
$
|
962.6
|
|
|
$
|
863.5
|
|
|
11.5
|
%
|
|
Permanent placement
|
|
22.4
|
|
|
23.3
|
|
|
(4.4
|
)%
|
|
||
|
|
985.0
|
|
|
886.8
|
|
|
11.1
|
%
|
|
||
Oxford:
|
|
|
|
|
|
|
|
|||||
Assignment
|
|
251.9
|
|
|
260.4
|
|
|
(3.2
|
)%
|
|
||
Permanent placement
|
|
42.9
|
|
|
42.9
|
|
|
0.2
|
%
|
|
||
|
|
294.8
|
|
|
303.3
|
|
|
(2.8
|
)%
|
|
||
Consolidated:
|
|
|
|
|
|
|
|
|||||
Assignment
|
|
1,214.5
|
|
|
1,123.9
|
|
|
8.1
|
%
|
|
||
Permanent placement
|
|
65.3
|
|
|
66.2
|
|
|
(1.4
|
)%
|
|
||
|
|
$
|
1,279.8
|
|
|
$
|
1,190.1
|
|
|
7.5
|
%
|
|
Percentage of total revenues:
|
|
|
|
|
|
|
|
|||||
Apex
|
|
77.0
|
%
|
|
74.5
|
%
|
|
|
|
|||
Oxford
|
|
23.0
|
%
|
|
25.5
|
%
|
|
|
|
|||
|
|
100.0
|
%
|
|
100.0
|
%
|
|
|
|
|||
|
|
|
|
|
|
|
|
|||||
Assignment
|
|
94.9
|
%
|
|
94.4
|
%
|
|
|
|
|||
Permanent placement
|
|
5.1
|
%
|
|
5.6
|
%
|
|
|
|
|||
|
|
100.0
|
%
|
|
100.0
|
%
|
|
|
|
|||
|
|
|
|
|
|
|
|
|||||
Domestic
|
|
95.1
|
%
|
|
95.2
|
%
|
|
|
|
|||
Foreign
|
|
4.9
|
%
|
|
4.8
|
%
|
|
|
|
|||
|
|
100.0
|
%
|
|
100.0
|
%
|
|
|
|
|
|
Six Months Ended June 30,
|
|
|
Year-Over-Year
Growth Rates
|
|
|||||||
|
|
2017
|
|
2016
|
|
|
|
||||||
Gross profit:
|
|
|
|
|
|
|
|
|
|||||
Apex
|
|
$
|
290.2
|
|
|
$
|
264.3
|
|
|
|
9.8
|
%
|
|
Oxford
|
|
120.9
|
|
|
125.6
|
|
|
|
(3.7
|
)%
|
|
||
Consolidated
|
|
$
|
411.1
|
|
|
$
|
389.9
|
|
|
|
5.4
|
%
|
|
Gross margin:
|
|
|
|
|
|
|
|
|
|||||
Apex
|
|
29.5
|
%
|
|
29.8
|
%
|
|
|
|
|
|||
Oxford
|
|
41.0
|
%
|
|
41.4
|
%
|
|
|
|
|
|||
Consolidated
|
|
32.1
|
%
|
|
32.8
|
%
|
|
|
|
|
|
ON ASSIGNMENT, INC.
|
|
|
|
|
Date: August 7, 2017
|
By:
|
/s/ Edward L. Pierce
|
|
|
Edward L. Pierce
|
|
|
Executive Vice President and Chief Financial Officer
|
|
|
(Principal Financial and Accounting Officer)
|
1 Year ASGN Chart |
1 Month ASGN Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions