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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2014
Business Combinations [Abstract]  
Schedule of Purchase Price Allocation
The following tables summarize (in thousands) the purchase price allocations for the acquisitions of Apex Systems and CyberCoders:
 
2013 Acquisition
 
2012 Acquisition
 
CyberCoders
 
Apex Systems
Current assets
$
11,329

 
$
172,042

Property and equipment
3,327

 
902

Goodwill
69,018

 
264,590

Identifiable intangible assets
37,860

 
251,555

Other
915

 
494

Total assets acquired
$
122,449

 
$
689,583

 
 
 
 
Current liabilities
$
9,022

 
$
77,905

Other
16,839

 
850

Total liabilities assumed
25,861

 
78,755

Total purchase price
$
96,588

 
$
610,828

Schedule of Intangible Assets Acquired as Part of Business Combinations
The following table summarizes (in thousands) the allocation of the purchase price among the identifiable intangible assets for the acquisitions of CyberCoders and Apex Systems:
 
 
 
Identifiable Intangible Asset Value
 
 
 
2013 Acquisition
 
2012 Acquisition
 
Useful life
 
CyberCoders
 
Apex Systems
Contractor relationships
2 - 5 years
 
$
4,000

 
$
10,589

Customer relationships
2 - 10 years
 
860

 
92,147

Non-compete agreements
3 - 7 years
 
800

 
2,076

In-use software
6 years
 
18,900

 

Trademark subject to amortization
2 years
 

 

Trademarks
indefinite
 
13,300

 
146,743

Total identifiable intangible assets acquired
 
$
37,860

 
$
251,555

Schedule of Pro Forma Consolidated Results of Operations
The pro forma financial information is not necessarily indicative of the operating results that would have occurred if the acquisitions had been consummated as of the date indicated, nor are they necessarily indicative of future operating results.
 
 
Year Ended December 31,
 
 
2013
 
2012
 
(unaudited)
Revenues
 
$
1,582,699

 
$
1,363,225

Income from continuing operations
 
$
54,947

 
$
49,022

Net income
 
$
88,319

 
$
58,213

 
 
 
 
 
Basic earnings per share:
 
 
 
 
Income from continuing operations
 
$
1.03

 
$
0.94

Net income
 
$
1.65

 
$
1.12

 
 
 
 
 
Diluted earnings per share:
 
 
 
 
Income from continuing operations
 
$
1.01

 
$
0.92

Net income
 
$
1.62

 
$
1.09

 
 
 
 
 
Weighted average number of shares outstanding
 
53,481

 
52,103

Weighted average number of shares and dilutive shares outstanding
 
54,555

 
53,190