XML 42 R28.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Segment Disclosures | 12 Months Ended
--- | ---
Dec. 31, 2016
Segment Reporting [Abstract] |
Segment Disclosures | Note 21. Segment Disclosures CBIZ’s business units have been aggregated into three practice groups: Financial Services, Benefits and Insurance Services and National Practices. The business units have been aggregated based on the following factors: similarity of the products and services provided to clients, similarity of the regulatory environment and similarity of economic conditions affecting long-term performance. The business units are managed along these segment lines. A general description of services provided by practice group is provided in the table below.
Financial Services |  | Benefits and Insurance Services |  | National Practices
• Accounting and Tax |  | • Group Health Benefits Consulting |  | • Managed Networking and Hardware Services
• Government Healthcare Consulting • Financial Advisory |  | • Payroll • Property & Casualty |  | • Healthcare Consulting
• Valuation |  | • Retirement Plan Services |  |
• Risk & Advisory Services |  |  |  |
Corporate and Other Included in Corporate and Other are operating expenses that are not directly allocated to the individual business units. These expenses are primarily comprised of certain healthcare costs, gains or losses attributable to assets held in the Company’s non-qualified deferred compensation plan, share-based compensation, consolidation and integration charges, certain professional fees, certain advertising costs and other various expenses. Accounting policies of the practice groups are the same as those described in Note 1. Upon consolidation, intercompany accounts and transactions are eliminated, thus inter-segment revenue is not included in the measure of profit or loss for the practice groups. Performance of the practice groups is evaluated on operating income excluding those costs listed above, which are reported in the “Corporate and Other” segment. CBIZ operates in the United States and Canada and revenue generated from such operations during the years ended December 31, 2016, 2015 and 2014 was as follows (in thousands):
|  | Year Ended December 31, |
|  | 2016 |  |  | 2015 |  |  | 2014 |
United States |  | $ | 798,420 |  |  | $ | 748,971 |  |  | $ | 717,865 |
Canada |  |  | 1,412 |  |  |  | 1,451 |  |  |  | 1,618 |
Total revenue |  | $ | 799,832 |  |  | $ | 750,422 |  |  | $ | 719,483 |
There is no one customer that represents a significant portion of CBIZ’s revenue. Segment information for the years ended December 31, 2016, 2015 and 2014 was as follows (in thousands):
|  | For the Year Ended December 31, 2016 |
|  | Financial Services |  |  | Benefits and Insurance Services |  |  | National Practices |  |  | Corporate and Other |  |  | Total |
Revenue |  | $ | 501,307 |  |  | $ | 267,606 |  |  | $ | 30,919 |  |  | $ | — |  |  | $ | 799,832 |
Operating expenses |  |  | 432,254 |  |  |  | 223,487 |  |  |  | 27,697 |  |  |  | 14,288 |  |  |  | 697,726 |
Gross margin |  |  | 69,053 |  |  |  | 44,119 |  |  |  | 3,222 |  |  |  | (14,288 | ) |  |  | 102,106 |
Corporate general and administrative expenses |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 36,319 |  |  |  | 36,319 |
Operating income (loss) |  |  | 69,053 |  |  |  | 44,119 |  |  |  | 3,222 |  |  |  | (50,607 | ) |  |  | 65,787 |
Other income (expense): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense |  |  | — |  |  |  | (39 | ) |  |  | — |  |  |  | (6,554 | ) |  |  | (6,593 | )
Gain on sale of operations, net |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 855 |  |  |  | 855 |
Other income, net |  |  | 209 |  |  |  | 367 |  |  |  | 3 |  |  |  | 6,378 |  |  |  | 6,957 |
Total other income |  |  | 209 |  |  |  | 328 |  |  |  | 3 |  |  |  | 679 |  |  |  | 1,219 |
Income (loss) from continuing operations before income tax expense |  | $ | 69,262 |  |  | $ | 44,447 |  |  | $ | 3,225 |  |  | $ | (49,928 | ) |  | $ | 67,006 |
|  | For the Year Ended December 31, 2015 |
|  | Financial Services |  |  | Benefits and Insurance Services |  |  | National Practices |  |  | Corporate and Other |  |  | Total |
Revenue |  | $ | 476,396 |  |  | $ | 244,493 |  |  | $ | 29,533 |  |  | $ | — |  |  | $ | 750,422 |
Operating expenses (1) |  |  | 411,325 |  |  |  | 202,138 |  |  |  | 26,417 |  |  |  | 12,511 |  |  |  | 652,391 |
Gross margin |  |  | 65,071 |  |  |  | 42,355 |  |  |  | 3,116 |  |  |  | (12,511 | ) |  |  | 98,031 |
Corporate general and administrative expenses (1) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 32,527 |  |  |  | 32,527 |
Operating income (loss) |  |  | 65,071 |  |  |  | 42,355 |  |  |  | 3,116 |  |  |  | (45,038 | ) |  |  | 65,504 |
Other income (expense): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense |  |  | — |  |  |  | (35 | ) |  |  | — |  |  |  | (8,867 | ) |  |  | (8,902 | )
Gain on sale of operations, net |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 84 |  |  |  | 84 |
Other (expense) income, net (1) |  |  | (147 | ) |  |  | 467 |  |  |  | 4 |  |  |  | 822 |  |  |  | 1,146 |
Total other (expense) income |  |  | (147 | ) |  |  | 432 |  |  |  | 4 |  |  |  | (7,961 | ) |  |  | (7,672 | )
Income (loss) from continuing operations before income tax expense |  | $ | 64,924 |  |  | $ | 42,787 |  |  | $ | 3,120 |  |  | $ | (52,999 | ) |  | $ | 57,832 |
(1) | “Operating expenses” under the Financial Services and Benefits and Insurance Services practice groups include a reduction of $0.9 million and $0.6 million related to a state payroll tax incentive associated with an office relocation. “Corporate general and administrative expenses” include a reduction of less than $0.1 million related to the office relocation as discussed above. The reductions was recorded in “Other (expense) income, net” in 2015 but was reclassified to “Operating expenses” and “Corporate general and administrative expenses” to align the incentives with the expenses associated with the office relocation. The reclassification had no impact on “Income from continuing operations” or diluted earnings per share from continuing operations.
|  | For the Year Ended December 31, 2014 |
|  | Financial Services |  |  | Benefits and Insurance Services |  |  | National Practices |  |  | Corporate and Other |  |  | Total |
Revenue |  | $ | 465,130 |  |  | $ | 224,898 |  |  | $ | 29,455 |  |  | $ | — |  |  | $ | 719,483 |
Operating expenses |  |  | 399,783 |  |  |  | 186,002 |  |  |  | 26,798 |  |  |  | 17,221 |  |  |  | 629,804 |
Gross margin |  |  | 65,347 |  |  |  | 38,896 |  |  |  | 2,657 |  |  |  | (17,221 | ) |  |  | 89,679 |
Corporate general and administrative expenses |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 34,183 |  |  |  | 34,183 |
Operating income (loss) |  |  | 65,347 |  |  |  | 38,896 |  |  |  | 2,657 |  |  |  | (51,404 | ) |  |  | 55,496 |
Other income (expense): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense |  |  | — |  |  |  | (31 | ) |  |  | — |  |  |  | (13,093 | ) |  |  | (13,124 | )
Gain on sale of operations, net |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,303 |  |  |  | 1,303 |
Other income, net |  |  | 417 |  |  |  | 557 |  |  |  | 4 |  |  |  | 5,915 |  |  |  | 6,893 |
Total other income (expense) |  |  | 417 |  |  |  | 526 |  |  |  | 4 |  |  |  | (5,875 | ) |  |  | (4,928 | )
Income (loss) from continuing operations before income tax expense |  | $ | 65,764 |  |  | $ | 39,422 |  |  | $ | 2,661 |  |  | $ | (57,279 | ) |  | $ | 50,568 |

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration