v2.4.0.6
Business Segments
12 Months Ended
Dec. 31, 2011
Segment Reporting [Abstract]  
Business Segments
11. Business Segments.
 
The Company has four reportable segments: Life Sciences, Healthcare, Physician and IT and Engineering. The Life Sciences segment provides contract, contract-to-permanent and direct placement services of laboratory and scientific professionals to the biotechnology, pharmaceutical, food and beverage, medical device, personal care, chemical and environmental industries. These contract staffing specialties include chemists, clinical research associates, clinical lab assistants, engineers, biologists, biochemists, microbiologists, molecular biologists, food scientists, regulatory affairs specialists, lab assistants and other skilled scientific professionals.
 
The Healthcare segment includes the combined results of the Nurse Travel and Allied Healthcare lines of business. The lines of business have been aggregated into the Healthcare segment based on similar economic characteristics, end-market customers and management personnel. The Healthcare segment provides contract, contract-to-permanent and direct placement of professionals from a number of healthcare, medical financial and allied occupations. These contract staffing specialties include nurses, specialty nurses, respiratory therapists, surgical technicians, imaging technicians, x-ray technicians, medical technologists, phlebotomists, coders, billers, claims processors and collections staff.
 
The Physician segment provides contract and direct placement physicians to healthcare organizations. The Physician segment works with nearly all medical specialties, placing locum tenens physicians in hospitals, community-based practices, and federal, state and local facilities.
 
The IT and Engineering segment provides high-end contract and direct placement services of information technology and engineering professionals with expertise in specialized information technology; software and hardware engineering; and mechanical, electrical, validation and telecommunications engineering fields.
 
The Company's management evaluates the performance of each segment primarily based on revenues, gross profit and operating income. The information in the following table is derived directly from the segments' internal financial reporting used for corporate management purposes.
 
The following table represents revenues, gross profit and operating income by reportable segment (in thousands):

 
Year Ended December 31,
 
2011
 
2010
 
2009
Revenues:
         
Life Sciences
$     155,324
 
 $     109,495
 
 $     93,664
Healthcare
         94,598
 
          76,287
 
        97,137
Physician
          80,617
 
          73,595
 
        87,719
IT and Engineering
        266,742
 
        178,688
 
      138,093
Total Revenues
 $     597,281
 
 $     438,065
 
 $   416,613
Gross Profit:
         
Life Sciences
 $       52,643
 
 $       37,776
 
 $     30,470
Healthcare
          26,637
 
          23,058
 
        27,329
Physician
          25,858
 
          23,847
 
        28,545
IT and Engineering
          94,967
 
          64,775
 
        50,024
Total Gross Profit
 $     200,105
 
 $     149,456
 
 $   136,368
Operating Income (Loss):
         
Life Sciences
 $       10,727
 
 $         5,305
 
 $       6,176
Healthcare
         (3,491)
 
       (20,998)
 
       (3,074)
Physician
            5,347
 
            5,010
 
          8,214
IT and Engineering
          31,816
 
          13,910
 
          3,911
Total Operating Income
 $       44,399
 
 $         3,227
 
 $     15,227

The Company does not report Life Sciences and Healthcare segments' total assets separately as the operations are largely centralized. The following table represents total assets as allocated by reportable segment (in thousands):
 
 
December 31, 2011
 
December 31, 2010
 
December 31, 2009
Total Assets:
         
Life Sciences and Healthcare
$                107,915
 
 $                74,979
 
 $                78,645
Physician
83,940
 
63,908
 
69,912
IT and Engineering
218,810
 
202,229
 
194,905
Total Assets
$              410,665
 
 $              341,116
 
 $              343,462

The Company does not report all assets by segment for all reportable segments. The following table represents identifiable assets by reportable segment (in thousands):
 
 
December 31, 2011
 
December 31, 2010
 
December 31, 2009
Gross Accounts Receivable:
         
Life Sciences
 $                21,727
 
 $                14,107
 
 $                10,548
Healthcare
11,568
 
9,628
 
9,722
Physician
15,749
 
10,233
 
12,453
IT and Engineering
47,658
 
30,725
 
19,399
Total Gross Accounts Receivable
 $                96,702
 
 $                64,693
 
 $                52,122
   
The Company operates internationally, with operations in the United States, Europe, Canada, Australia, and New Zealand. The following table represents revenues by geographic location (in thousands):
 
 
Year Ended December 31,
 
2011
 
2010
 
2009
Revenues:
         
Domestic
 $    529,150
 
 $    407,317
 
 $    393,846
Foreign
68,131
 
30,748
 
22,767
Total Revenues
$    597,281
 
 $    438,065
 
 $    416,613
 
The following table represents long-lived assets by geographic location (in thousands):

 
December 31, 2011
 
December 31, 2010
 
December 31, 2009
Long-lived Assets:
         
Domestic
$                19,078
 
 $                19,826
 
 $               20,364
Foreign
1,033
 
754
 
569
Total Long-lived Assets
$                20,111
 
 $                20,580
 
 $               20,993