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Segment Reporting (Notes) | 6 Months Ended
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Jun. 30, 2021
Segment Reporting [Abstract] |
Segment Reporting Disclosure | Prior to the decision to divest the Oxford business, the Company had three reportable segments: Apex, Oxford and ECS. As a result of the planned divestiture, the Oxford Segment is no longer a reportable segment, the Apex Segment has been renamed the Commercial Segment and the ECS Segment has been renamed the Federal Government Segment. The Company's CyberCoders division, which was previously part of the Oxford Segment, is now included in the Commercial Segment. All segment information included herein reflect these changes. ASGN provides information technology and professional services in the technology, digital and creative fields across the commercial and government sectors. ASGN operates through its Commercial and Federal Government segments. Virtually all of the Company's revenues are generated in the United States. The Commercial Segment provides assignment and consulting information technology, digital and creative services to Fortune 1000 and mid-market clients across the United States and Canada. The Federal Government Segment delivers advanced solutions in cloud, cybersecurity, artificial intelligence, machine learning, application and IT modernization, science and engineering to defense, intelligence and federal civilian agencies. Management evaluates the performance of each segment primarily based on revenues, gross profit and operating income, which is derived directly from internal financial reporting of the segments used for corporate management purposes, which is presented below by segment (in millions):
|  | Three Months Ended |  | Six Months Ended |  |
|  | June 30, |  | June 30, |  |
|  | 2021 |  | 2020 |  | 2021 |  | 2020 |  |  |  |
Commercial |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 712.5 |  |  | $ | 592.2 |  |  | $ | 1,361.7 |  |  | $ | 1,244.9 |  |  |  |  |
Gross profit |  | 228.3 |  |  | 183.7 |  |  | 426.9 |  |  | 389.2 |  |  |  |  |
Operating income |  | 89.6 |  |  | 65.3 |  |  | 160.1 |  |  | 134.9 |  |  |  |  |
Depreciation |  | 3.4 |  |  | 3.6 |  |  | 7.0 |  |  | 7.2 |  |  |  |  |
Amortization |  | 5.6 |  |  | 5.4 |  |  | 11.3 |  |  | 10.8 |  |  |  |  |
Federal Government |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 262.4 |  |  | $ | 239.7 |  |  | $ | 520.2 |  |  | $ | 452.4 |  |  |  |  |
Gross profit |  | 48.0 |  |  | 43.8 |  |  | 93.1 |  |  | 80.9 |  |  |  |  |
Operating income |  | 18.7 |  |  | 16.3 |  |  | 33.4 |  |  | 27.5 |  |  |  |  |
Depreciation |  | 2.2 |  |  | 1.9 |  |  | 4.6 |  |  | 4.1 |  |  |  |  |
Amortization |  | 6.4 |  |  | 7.0 |  |  | 12.7 |  |  | 13.6 |  |  |  |  |
Consolidated |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 974.9 |  |  | $ | 831.9 |  |  | $ | 1,881.9 |  |  | $ | 1,697.3 |  |  |  |  |
Gross profit |  | 276.3 |  |  | 227.5 |  |  | 520.0 |  |  | 470.1 |  |  |  |  |
Operating income(1) |  | 87.9 |  |  | 69.1 |  |  | 155.3 |  |  | 133.8 |  |  |  |  |
Depreciation(2) |  | 7.1 |  |  | 6.5 |  |  | 14.6 |  |  | 13.2 |  |  |  |  |
Amortization |  | 12.0 |  |  | 12.4 |  |  | 24.0 |  |  | 24.4 |  |  |  |  |
___________________ (1)Consolidated operating income includes corporate operating expenses, which are not allocated to the segments. These expenses include, among other things, stock-based compensation expense, compensation for corporate employees, acquisition, integration and strategic planning expenses and public company expenses. (2)Consolidated depreciation includes depreciation expense for corporate assets. Virtually all of the revenues from the Commercial Segment are generated from time-and-materials ("T&M") contracts where payments are based on fixed hourly rates for each direct labor hour expended and reimbursements for allowable material costs and out-of-pocket expenses. Revenues from the Federal Government Segment are generated from: (i) firm-fixed-price, (ii) T&M and (iii) cost reimbursable contracts. The following table presents revenues by segment and type (in millions):
|  | Three Months Ended |  | Six Months Ended |  |
|  | June 30, |  | June 30, |  |
|  | 2021 |  | 2020 |  | 2021 |  | 2020 |  |  |  |
Commercial |  |  |  |  |  |  |  |  |  |  |  |
Assignment |  | $ | 568.1 |  |  | $ | 506.9 |  |  | $ | 1,099.8 |  |  | $ | 1,070.0 |  |  |  |  |
Consulting |  | 144.4 |  |  | 85.3 |  |  | 261.9 |  |  | 174.9 |  |  |  |  |
|  | 712.5 |  |  | 592.2 |  |  | 1,361.7 |  |  | 1,244.9 |  |  |  |  |
Federal Government |  |  |  |  |  |  |  |  |  |  |  |
Firm-fixed-price |  | 62.0 |  |  | 63.5 |  |  | 122.6 |  |  | 120.5 |  |  |  |  |
Time and materials |  | 100.2 |  |  | 81.4 |  |  | 190.9 |  |  | 153.8 |  |  |  |  |
Cost reimbursable |  | 100.2 |  |  | 94.8 |  |  | 206.7 |  |  | 178.1 |  |  |  |  |
|  | 262.4 |  |  | 239.7 |  |  | 520.2 |  |  | 452.4 |  |  |  |  |
Consolidated |  | $ | 974.9 |  |  | $ | 831.9 |  |  | $ | 1,881.9 |  |  | $ | 1,697.3 |  |  |  |  |
The following table presents the Federal Government Segment revenues by customer type (in millions):
|  | Three Months Ended |  | Six Months Ended |  |
|  | June 30, |  | June 30, |  |
|  | 2021 |  | 2020 |  | 2021 |  | 2020 |  |  |  |
Department of Defense and Intelligence Agencies |  | $ | 141.6 |  |  | $ | 127.1 |  |  | $ | 284.9 |  |  | $ | 242.0 |  |  |  |  |
Federal Civilian |  | 98.8 |  |  | 96.0 |  |  | 191.4 |  |  | 180.6 |  |  |  |  |
Other |  | 22.0 |  |  | 16.6 |  |  | 43.9 |  |  | 29.8 |  |  |  |  |
|  | $ | 262.4 |  |  | $ | 239.7 |  |  | $ | 520.2 |  |  | $ | 452.4 |  |  |  |  |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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