XML 83 R12.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Discontinued Operations Discontinued Operations | 12 Months Ended
--- | ---
Dec. 31, 2014
Discontinued Operations [Abstract] |
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block] | 5. Discontinued Operations On February 12, 2013, the Company completed the sale of the Nurse Travel division for $33.7 million in cash and recognized a gain of $14.4 million, net of income taxes of $9.1 million. The Nurse Travel division, previously included in the Healthcare segment, has been presented as discontinued operations in our Consolidated Statements of Operations and Comprehensive Income for all periods presented. On December 2, 2013, the Company completed the sale of its Allied Healthcare division for $28.7 million in cash and recognized a gain of $16.4 million, net of income taxes of $10.4 million. The Allied Healthcare division, previously included in the Healthcare segment, has been presented as discontinued operations in our Consolidated Statements of Operations and Comprehensive Income for all periods presented. As of December 31, 2014, the Company closed its European retained search unit. Results for this European retained search unit, previously included in the Life Sciences Europe Segment, have been presented as discontinued operations in our Consolidated Statements of Operations and Comprehensive Income for all periods presented. On February 1, 2015 the Company completed the sale of its Physician Segment for $123.0 million, of which $6.0 million was placed in escrow for a period of 12 months. The gain on the sale was $25.7 million (net of income taxes of $14.4 million). The operating results of this segment are presented as discontinued operations in the consolidated statements of operations and comprehensive income for all periods presented. The consolidated balance sheets at December 31, 2014 and 2013 separately state the assets and liabilities of the Physician Segment as discontinued operations. The following table is a reconciliation of the major classes of assets and liabilities of the Physician Segment that are presented separately in the consolidated balance sheets at December 31, 2014 and December 31, 2013, to the previously reported balances:
| December 31, 2014
| As Previously Reported |  | Physician Segment |  | As Adjusted
Cash and cash equivalents | $ | 31,714 |  |  | $ | (2,854 | ) |  | $ | 28,860 |
Accounts receivable, net | 298,761 |  |  | (21,615 | ) |  | 277,146 |
Prepaid expenses and income taxes | 14,513 |  |  | (1,205 | ) |  | 13,308 |
Deferred income tax assets | 19,067 |  |  | (3,321 | ) |  | 15,746 |
Workers' compensation and medical malpractice receivable | 18,728 |  |  | (5,358 | ) |  | 13,370 |
Other current assets | 3,121 |  |  | — |  |  | 3,121 |
Current assets of discontinued operations | — |  |  | 34,353 |  |  | 34,353 |
Total current assets | 385,904 |  |  | — |  |  | 385,904 |
Property and equipment, net | 46,819 |  |  | (2,508 | ) |  | 44,311 |
Goodwill | 570,697 |  |  | (58,637 | ) |  | 512,060 |
Identifiable intangible assets, net | 262,569 |  |  | (11,960 | ) |  | 250,609 |
Other non-current assets | 8,185 |  |  | (568 | ) |  | 7,617 |
Non-current assets of discontinued operations | — |  |  | 73,673 |  |  | 73,673 |
Total assets | $ | 1,274,174 |  |  | $ | — |  |  | $ | 1,274,174 |
Current portion of long-term debt | $ | 18,250 |  |  | $ | — |  |  | $ | 18,250 |
Accounts payable | 8,876 |  |  | (951 | ) |  | 7,925 |
Accrued payroll and contract professional pay | 87,189 |  |  | (4,626 | ) |  | 82,563 |
Workers’ compensation and medical malpractice loss reserves | 29,135 |  |  | (13,571 | ) |  | 15,564 |
Income taxes payable | 340 |  |  | — |  |  | 340 |
Other current liabilities | 21,776 |  |  | (1,047 | ) |  | 20,729 |
Current liabilities of discontinued operations | — |  |  | 20,195 |  |  | 20,195 |
Total current liabilities | 165,566 |  |  | — |  |  | 165,566 |
Long-term debt | 396,875 |  |  | — |  |  | 396,875 |
Deferred income tax liabilities | 67,909 |  |  | (4,088 | ) |  | 63,821 |
Other long-term liabilities | 9,416 |  |  | (1,479 | ) |  | 7,937 |
Long-term liabilities of discontinued operations | — |  |  | 5,567 |  |  | 5,567 |
Total liabilities | $ | 639,766 |  |  | $ | — |  |  | $ | 639,766 |
| December 31, 2013
| As Previously Reported |  | Physician Segment |  | As Adjusted
Cash and cash equivalents | $ | 37,350 |  |  | $ | (2,326 | ) |  | $ | 35,024 |
Accounts receivable, net | 262,200 |  |  | (20,295 | ) |  | 241,905 |
Prepaid expenses and income taxes | 8,686 |  |  | (1,204 | ) |  | 7,482 |
Deferred income tax assets | 17,530 |  |  | (3,156 | ) |  | 14,374 |
Workers' compensation and medical malpractice receivable | 21,200 |  |  | (6,810 | ) |  | 14,390 |
Other current assets | 3,471 |  |  | (400 | ) |  | 3,071 |
Current assets of discontinued operations | — |  |  | 34,191 |  |  | 34,191 |
Total current assets | 350,437 |  |  | — |  |  | 350,437 |
Property and equipment, net | 38,128 |  |  | (2,080 | ) |  | 36,048 |
Goodwill | 573,063 |  |  | (58,637 | ) |  | 514,426 |
Identifiable intangible assets, net | 287,855 |  |  | (14,232 | ) |  | 273,623 |
Other non-current assets | 9,326 |  |  | (639 | ) |  | 8,687 |
Non-current assets of discontinued operations | — |  |  | 75,588 |  |  | 75,588 |
Total assets | $ | 1,258,809 |  |  | $ | — |  |  | $ | 1,258,809 |
Current portion of long-term debt | $ | 10,000 |  |  | $ | — |  |  | $ | 10,000 |
Accounts payable | 8,370 |  |  | (1,010 | ) |  | 7,360 |
Accrued payroll and contract professional pay | 76,567 |  |  | (4,321 | ) |  | 72,246 |
Workers’ compensation and medical malpractice loss reserves | 32,751 |  |  | (15,628 | ) |  | 17,123 |
Income taxes payable | 13,120 |  |  | — |  |  | 13,120 |
Other current liabilities | 27,487 |  |  | (1,027 | ) |  | 26,460 |
Current liabilities of discontinued operations | — |  |  | 21,986 |  |  | 21,986 |
Total current liabilities | 168,295 |  |  | — |  |  | 168,295 |
Long-term debt | 389,813 |  |  | — |  |  | 389,813 |
Deferred income tax liabilities | 50,606 |  |  | (3,817 | ) |  | 46,789 |
Other long-term liabilities | 9,962 |  |  | (1,365 | ) |  | 8,597 |
Long-term liabilities of discontinued operations | — |  |  | 5,182 |  |  | 5,182 |
Total liabilities | $ | 618,676 |  |  | $ | — |  |  | $ | 618,676 |
Cash flows from discontinued operations are included in the consolidated statements of cash flows for the years ended December 31, 2014, 2013 and 2012. The cash flows that are attributable to the Physician Segment are as follows:
| Year Ended
| December 31,
| 2014 |  | 2013 |  | 2012
Net cash provided by (used in) operating activities | $ | 836 |  |  | $ | (108 | ) |  | $ | 123 |
Net cash used in investing activities | $ | (308 | ) |  | $ | (183 | ) |  | $ | (574 | )
The following is a summary of the operating results of all of the Company's discontinued operations (in thousands):
| Year Ended
| December 31,
| 2014 |  | 2013 |  | 2012
Revenues | $ | 137,166 |  |  | $ | 153,465 |  |  | $ | 207,770 |
Cost of services | 94,848 |  |  | 106,728 |  |  | 144,701 |
Gross profit | 42,318 |  |  | 46,737 |  |  | 63,069 |
Selling, general and administrative expenses | 33,078 |  |  | 38,991 |  |  | 42,334 |
Amortization of intangible assets | 2,721 |  |  | 808 |  |  | 969 |
Operating income | 6,519 |  |  | 6,938 |  |  | 19,766 |
Interest expense, net | — |  |  | (2,456 | ) |  | (4,415 | )
Income before income taxes | 6,519 |  |  | 4,482 |  |  | 15,351 |
Provision for income taxes | 2,830 |  |  | 1,950 |  |  | 6,161 |
Income from discontinued operations | $ | 3,689 |  |  | $ | 2,532 |  |  | $ | 9,190 |

X
- Details
Name: | asgn_DiscontinuedOperationsAbstract
Namespace Prefix: | asgn_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721671-107760 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721677-107760 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721683-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721673-107760 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=51716988&loc=SL51721533-107759 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=51719941&loc=d3e2941-110230 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51717284&loc=d3e1361-107760 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721659-107760 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721663-107760 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=51717284&loc=d3e1474-107760 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721665-107760 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721675-107760 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=51719941&loc=SL51724579-110230 + Details
Name: | us-gaap_DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration