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Unaudited Quarterly Financial Results
12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Unaudited Quarterly Result
Unaudited Quarterly Results
 
The following tables present unaudited quarterly financial information during the years ended December 31, 2014 and 2013. In the opinion of the Company’s management, the quarterly information contains all adjustments, consisting only of normal recurring accruals, necessary for a fair presentation thereof. The operating results for any quarter are not necessarily indicative of the results for any future periods. The Nurse Travel, Allied Healthcare and the European retain search unit businesses are presented as discontinued operations for all periods presented, see Note 5 for further information regarding the divestitures.

 
 
2014
 
 
Dec. 31,
 
Sept. 30,
 
June 30,
 
Mar. 31,
 
 
(in thousands, except per share amounts)
Revenues
 
$
475,808

 
$
477,391

 
$
468,081

 
$
438,642

Gross profit
 
153,534

 
155,182

 
152,203

 
136,993

Income from continuing operations
 
21,790

 
22,238

 
20,838

 
14,147

Income (loss) from discontinued operations, net of income taxes
 
(1,317
)
 
(233
)
 
(49
)
 
(230
)
Net income
 
$
20,473

 
$
22,005

 
$
20,789

 
$
13,917

 
 
 
 
 
 
 
 
 
Basic earnings per common share:
 
 

 
 

 
 

 
 

Continuing operations
 
$
0.42

 
$
0.42

 
$
0.38

 
$
0.26

Discontinued operations
 
(0.03
)
 
(0.01
)
 

 

Net income
 
$
0.39

 
$
0.41

 
$
0.38

 
$
0.26

 
 
 
 
 
 
 
 
 
Diluted earnings per common share:
 
 
 
 
 
 
 
 
Continuing operations
 
$
0.41

 
$
0.41

 
$
0.38

 
$
0.26

Discontinued operations
 
(0.02
)
 

 

 
(0.01
)
Net income
 
$
0.39

 
$
0.41

 
$
0.38

 
$
0.25


 
 
2013
 
 
Dec. 31,
 
Sept. 30,
 
June 30,
 
Mar. 31,
 
 
(in thousands, except per share amounts)
Revenues
 
$
422,906

 
$
420,623

 
$
407,244

 
$
378,154

Gross profit
 
129,094

 
126,398

 
120,745

 
109,252

Income from continuing operations
 
17,487

 
19,603

 
7,510

 
10,111

Income from discontinued operations, net of income taxes
 
14,923

 
547

 
(171
)
 
14,502

Net income
 
$
32,410

 
$
20,150

 
$
7,339

 
$
24,613

 
 
 

 
 

 
 

 
 

Basic earnings per common share:
 
 
 
 
 
 
 
 
Continuing operations
 
$
0.32

 
$
0.37

 
$
0.14

 
$
0.19

Discontinued operations
 
0.28

 
0.01

 

 
0.27

Net income
 
$
0.60

 
$
0.38

 
$
0.14

 
$
0.46

 
 
 
 
 
 
 
 
 
Diluted earnings per common share:
 
 
 
 
 
 
 
 
Continuing operations
 
$
0.32

 
$
0.36

 
$
0.14

 
$
0.19

Discontinued operations
 
0.27

 
0.01

 

 
0.27

Net income
 
$
0.59

 
$
0.37

 
$
0.14

 
$
0.46