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v3.20.2

Segment Reporting (Tables) | 6 Months Ended
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Jun. 30, 2020
Segment Reporting Information [Line Items] |
Schedule of Segment Reporting Information, by Segment | The following tables present revenues, gross profit, operating income and amortization by segment (in millions):
|  | Three Months Ended |  | Six Months Ended
|  | June 30, |  | June 30,
|  | 2020 |  | 2019 |  | 2020 |  | 2019
Apex |  |  |  |  |  |  |  |
Revenues |  | $ | 576.9 |  |  | $ | 628.5 |  |  | $ | 1,206.0 |  |  | $ | 1,234.6 |
Gross profit |  | 170.6 |  |  | 187.8 |  |  | 355.1 |  |  | 363.2 |
Operating income |  | 66.0 |  |  | 72.9 |  |  | 133.1 |  |  | 133.9 |
Amortization |  | 5.5 |  |  | 5.5 |  |  | 10.8 |  |  | 11.5 |
Oxford |  |  |  |  |  |  |  |
Revenues |  | $ | 120.2 |  |  | $ | 153.2 |  |  | $ | 268.9 |  |  | $ | 302.8 |
Gross profit |  | 46.4 |  |  | 62.5 |  |  | 105.7 |  |  | 121.4 |
Operating income |  | 7.8 |  |  | 11.0 |  |  | 18.9 |  |  | 22.7 |
Amortization |  | 0.1 |  |  | 1.0 |  |  | 0.3 |  |  | 2.0 |
ECS |  |  |  |  |  |  |  |
Revenues |  | $ | 239.7 |  |  | $ | 190.6 |  |  | $ | 452.4 |  |  | $ | 358.6 |
Gross profit |  | 43.8 |  |  | 34.9 |  |  | 80.9 |  |  | 64.5 |
Operating income |  | 16.2 |  |  | 10.9 |  |  | 27.5 |  |  | 17.8 |
Amortization |  | 7.0 |  |  | 6.6 |  |  | 13.6 |  |  | 13.4 |
Consolidated |  |  |  |  |  |  |  |
Revenues |  | $ | 936.8 |  |  | $ | 972.3 |  |  | $ | 1,927.3 |  |  | $ | 1,896.0 |
Gross profit |  | 260.8 |  |  | 285.2 |  |  | 541.7 |  |  | 549.1 |
Operating income(1) |  | 76.0 |  |  | 73.3 |  |  | 146.9 |  |  | 136.0 |
Amortization |  | 12.6 |  |  | 13.1 |  |  | 24.7 |  |  | 26.9 |
____________ (1) Consolidated operating income includes corporate operating expenses, which are not allocated to the segments, consisting of consolidated stock-based compensation expense, compensation for corporate employees, acquisition, integration and strategic planning expenses, public company expenses and depreciation expense for corporate assets.
Disaggregation of Revenue | The following table presents segment revenues by type (in millions):
|  | Three Months Ended |  | Six Months Ended
|  | June 30, |  | June 30,
|  | 2020 |  | 2019 |  | 2020 |  | 2019
Apex |  |  |  |  |  |  |  |
Contract — |  |  |  |  |  |  |  |
Assignment |  | $ | 483.8 |  |  | $ | 533.5 |  |  | $ | 1,010.1 |  |  | $ | 1,053.3 |
Consulting |  | 85.3 |  |  | 79.5 |  |  | 174.9 |  |  | 151.9 |
|  | 569.1 |  |  | 613.0 |  |  | 1,185.0 |  |  | 1,205.2 |
Permanent placement |  | 7.8 |  |  | 15.5 |  |  | 21.0 |  |  | 29.4 |
|  | 576.9 |  |  | 628.5 |  |  | 1,206.0 |  |  | 1,234.6 |
Oxford |  |  |  |  |  |  |  |
Contract — |  |  |  |  |  |  |  |
Assignment |  | $ | 96.2 |  |  | $ | 117.1 |  |  | $ | 211.1 |  |  | $ | 234.7 |
Consulting |  | 11.1 |  |  | 14.3 |  |  | 24.3 |  |  | 26.1 |
|  | 107.3 |  |  | 131.4 |  |  | 235.4 |  |  | 260.8 |
Permanent placement |  | 12.9 |  |  | 21.8 |  |  | 33.5 |  |  | 42.0 |
|  | 120.2 |  |  | 153.2 |  |  | 268.9 |  |  | 302.8 |
ECS |  |  |  |  |  |  |  |
Firm-fixed-price |  | $ | 63.5 |  |  | $ | 46.1 |  |  | $ | 120.5 |  |  | $ | 89.4 |
Time and materials |  | 81.4 |  |  | 70.8 |  |  | 153.8 |  |  | 132.2 |
Cost reimbursable |  | 94.8 |  |  | 73.7 |  |  | 178.1 |  |  | 137.0 |
|  | 239.7 |  |  | 190.6 |  |  | 452.4 |  |  | 358.6 |
Consolidated |  | $ | 936.8 |  |  | $ | 972.3 |  |  | $ | 1,927.3 |  |  | $ | 1,896.0 |
Schedule of Revenue by Geographical Areas | The Company operates internationally, with operations mainly in the United States. The following table presents revenues within and outside of the United States (in millions):
|  | Three Months Ended |  | Six Months Ended
|  | June 30, |  | June 30,
|  | 2020 |  | % |  | 2019 |  | % |  | 2020 |  | % |  | 2019 |  | %
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Domestic |  | $ | 897.9 |  |  | 95.8 | % |  | $ | 929.8 |  |  | 95.6 | % |  | $ | 1,843.3 |  |  | 95.6 | % |  | $ | 1,810.9 |  |  | 95.5 | %
Foreign |  | 38.9 |  |  | 4.2 | % |  | 42.5 |  |  | 4.4 | % |  | 84.0 |  |  | 4.4 | % |  | 85.1 |  |  | 4.5 | %
|  | $ | 936.8 |  |  | 100.0 | % |  | $ | 972.3 |  |  | 100.0 | % |  | $ | 1,927.3 |  |  | 100.0 | % |  | $ | 1,896.0 |  |  | 100.0 | %
Revenue from External Customers by Products and Services | The following table presents the ECS segment (federal government IT solutions) revenues by customer type (in millions):
|  | Three Months Ended |  | Six Months Ended
|  | June 30, |  | June 30,
|  | 2020 |  | 2019 |  | 2020 |  | 2019
Department of Defense and Intelligence Agencies |  | $ | 127.1 |  |  | $ | 107.6 |  |  | $ | 242.0 |  |  | $ | 203.6 |
Federal Civilian |  | 96.0 |  |  | 71.3 |  |  | 180.6 |  |  | 131.5 |
Other |  | 16.6 |  |  | 11.7 |  |  | 29.8 |  |  | 23.5 |
|  | $ | 239.7 |  |  | $ | 190.6 |  |  | $ | 452.4 |  |  | $ | 358.6 |

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