XML 45 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues $ 477,824 $ 421,491 $ 1,385,716 $ 1,208,399
Cost of services 322,218 294,281 939,795 849,746
Gross profit 155,606 127,210 445,921 358,653
Selling, general and administrative expenses 108,705 86,329 320,762 252,488
Amortization of intangible assets 6,018 5,199 18,346 15,853
Operating income 40,883 35,682 106,813 90,312
Interest expense, net (3,101) (3,257) (9,532) (12,434)
Write-off of loan costs 0 0 0 (14,958)
Income before income taxes 37,782 32,425 97,281 62,920
Provision for income taxes 15,769 12,954 40,521 25,990
Income from continuing operations 22,013 19,471 56,760 36,930
Gain on sale of discontinued operations, net of income taxes 0 0 0 14,412
Income (loss) from discontinued operations, net of income taxes (8) 679 (49) 760
Net income 22,005 20,150 56,711 52,102
Basic earnings per common share:        
Income from continuing operations $ 0.41 $ 0.36 $ 1.05 $ 0.69
Discontinued operations $ 0.00 $ 0.02 $ 0.00 $ 0.29
Net income $ 0.41 $ 0.38 $ 1.05 $ 0.98
Diluted earnings per common share:        
Income from continuing operations $ 0.41 $ 0.36 $ 1.04 $ 0.68
Discontinued operations $ 0.00 $ 0.01 $ (0.01) $ 0.28
Net income $ 0.41 $ 0.37 $ 1.03 $ 0.96
Number of shares and share equivalents used to calculate earnings per share:        
Basic 53,374 53,620 53,955 53,350
Diluted 54,129 54,624 54,804 54,394
Reconciliation of net income to comprehensive income:        
Net income 22,005 20,150 56,711 52,102
Changes in fair value of derivatives, net of tax 19 29 70 172
Foreign currency translation adjustment, net of tax (2,884) 1,504 (3,088) 648
Comprehensive income $ 19,140 $ 21,683 $ 53,693 $ 52,922