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Segment Reporting
9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Segment Reporting
13. Segment Reporting 

The Company has two reportable segments: Apex and Oxford.

The Apex Segment has historically provided information technology and scientific staffing professionals for contract, contract-to-hire and permanent placement positions to Fortune 1000 and mid-market clients across the United States. With the acquisition of Creative Circle on June 5, 2015, the Apex Segment also provides professionals with digital/creative skillsets. The Apex Segment also offers consulting services for select project-based needs. This segment provides staffing and services support to companies from all major industries, including financial services, business services, consumer and industrials, technology, government services, communications, advertising, and scientific.

The Oxford Segment provides high-end contract placement services of information technology and engineering professionals with expertise in specialized information technology, software and hardware engineering, and mechanical, electrical, validation, telecommunications engineering, laboratory and life sciences fields. The Oxford Segment also provides direct hire placement services of professionals across many different fields and functions; the majority of its placements are information technology, finance, accounting, sales, engineering, laboratory and scientific professionals. During the quarter ended June 30, 2015, due to management changes, the Company realigned its former Life Sciences Europe Segment and it is now included in the Oxford Segment. All prior periods have been retrospectively restated to conform to the current presentation.

The Company’s management evaluates the performance of each segment primarily based on revenues, gross profit, and operating income. The information in the following tables is derived directly from the segments’ internal financial reporting used for corporate management purposes. The Company's management does not evaluate, manage or measure performance of segments using asset information, and such information is not readily available. Accordingly, assets by reportable segment are not disclosed. The following tables present revenues, gross profit, operating income and amortization by reportable segment (in thousands):
 
Three Months Ended
 
Three Months Ended
 
September 30, 2015
 
September 30, 2014
 
Apex
 
Oxford
 
Corporate
 
Total
 
Apex
 
Oxford
 
Corporate
 
Total
Revenues
$
421,067

 
$
151,056

 
$

 
$
572,123

 
$
306,027

 
$
136,416

 
$

 
$
442,443

Gross profit
128,731

 
62,673

 

 
191,404

 
87,323

 
57,515

 

 
144,838

Operating income
48,119

 
19,283

 
(15,937
)
 
51,465

 
33,735

 
19,065

 
(14,102
)
 
38,698

Amortization
9,732

 
1,593

 

 
11,325

 
4,089

 
1,443

 

 
5,532


 
Nine Months Ended
 
Nine Months Ended
 
September 30, 2015
 
September 30, 2014
 
Apex
 
Oxford
 
Corporate
 
Total
 
Apex
 
Oxford
 
Corporate
 
Total
Revenues
$
1,054,064

 
$
433,427

 
$

 
$
1,487,491

 
$
882,328

 
$
401,390

 
$

 
$
1,283,718

Gross profit
306,026

 
179,787

 

 
485,813

 
247,506

 
167,392

 

 
414,898

Operating income
105,258

 
53,858

 
(49,870
)
 
109,246

 
88,227

 
53,699

 
(39,951
)
 
101,975

Amortization
18,638

 
4,513

 

 
23,151

 
12,267

 
4,317

 
8

 
16,592


As described in "Note 4. Discontinued Operations," the Company sold its Physician Segment on February 1, 2015 and the results of that business are reported as discontinued operations in the condensed consolidated statements of operations for all periods presented. Accordingly, the Physician Segment is not included in the tables above. Approximately $0.3 million and $1.0 million of the previously reported Corporate costs during the three and nine months ended September 30, 2014, respectively, were specifically attributed to the Physician Segment and those costs are included in discontinued operations in the condensed consolidated statements of operations, as these costs are not reflective of ongoing operations.

The following table presents revenues by type (in thousands):

 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2015
 
%

2014
 
%
 
2015
 
%
 
2014
 
%
Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Assignment
$
539,383

 
94.3
%
 
$
419,990

 
94.9
%
 
$
1,402,116

 
94.3
%
 
$
1,220,800

 
95.1
%
Direct hire and conversion fees
32,740

 
5.7
%
 
22,453

 
5.1
%
 
85,375

 
5.7
%
 
62,918

 
4.9
%
 
$
572,123

 
100.0
%
 
$
442,443

 
100.0
%
 
$
1,487,491

 
100.0
%
 
$
1,283,718

 
100.0
%


The Company operates internationally, with operations mainly in the United States, Europe, and Canada. The following table presents revenues by geographic location (in thousands):
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2015
 
%
 
2014
 
%
 
2015
 
%
 
2014
 
%
Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Domestic
$
546,747

 
95.6
%
 
$
421,640

 
95.3
%
 
$
1,420,492

 
95.5
%
 
$
1,223,217

 
95.3
%
Foreign
25,376

 
4.4
%
 
20,803

 
4.7
%
 
66,999

 
4.5
%
 
60,501

 
4.7
%
 
$
572,123

 
100.0
%
 
$
442,443

 
100.0
%
 
$
1,487,491

 
100.0
%
 
$
1,283,718

 
100.0
%