XML 37 R21.htm IDEA: XBRL DOCUMENT v3.21.2
Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2021
Segment Reporting Information [Line Items]  
Schedule of Segment Reporting Information, by Segment
Three Months EndedSix Months Ended
June 30,June 30,
2021202020212020
Commercial
Revenues$712.5 $592.2 $1,361.7 $1,244.9 
Gross profit228.3 183.7 426.9 389.2 
Operating income89.6 65.3 160.1 134.9 
Depreciation3.4 3.6 7.0 7.2 
Amortization5.6 5.4 11.3 10.8 
Federal Government
Revenues$262.4 $239.7 $520.2 $452.4 
Gross profit48.0 43.8 93.1 80.9 
Operating income18.7 16.3 33.4 27.5 
Depreciation2.2 1.9 4.6 4.1 
Amortization6.4 7.0 12.7 13.6 
Consolidated
Revenues$974.9 $831.9 $1,881.9 $1,697.3 
Gross profit276.3 227.5 520.0 470.1 
Operating income(1)
87.9 69.1 155.3 133.8 
Depreciation(2)
7.1 6.5 14.6 13.2 
Amortization12.0 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.
Disaggregation of Revenue
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 EndedSix Months Ended
June 30,June 30,
2021202020212020
Commercial
Assignment$568.1 $506.9 $1,099.8 $1,070.0 
Consulting144.4 85.3 261.9 174.9 
712.5 592.2 1,361.7 1,244.9 
Federal Government
Firm-fixed-price62.0 63.5 122.6 120.5 
Time and materials100.2 81.4 190.9 153.8 
Cost reimbursable100.2 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 
Revenue from External Customers by Products and Services
The following table presents the Federal Government Segment revenues by customer type (in millions):
Three Months EndedSix Months Ended
June 30,June 30,
2021202020212020
Department of Defense and Intelligence Agencies$141.6 $127.1 $284.9 $242.0 
Federal Civilian98.8 96.0 191.4 180.6 
Other22.0 16.6 43.9 29.8 
$262.4 $239.7 $520.2 $452.4