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Segment Reporting (Tables) | 9 Months Ended
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Sep. 30, 2022
Segment Reporting Information [Line Items] |
Schedule of Segment Reporting Information, by Segment |
|  | Three Months Ended |  | Nine Months Ended |  |
|  | September 30, |  | September 30, |  |
|  | 2022 |  | 2021 |  | 2022 |  | 2021 |  |  |  |
Commercial |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 900.0 |  |  | $ | 774.9 |  |  | $ | 2,583.5 |  |  | $ | 2,136.7 |  |  |  |  |
Gross profit |  | 297.8 |  |  | 251.1 |  |  | 852.1 |  |  | 678.1 |  |  |  |  |
Operating income |  | 108.7 |  |  | 98.5 |  |  | 319.6 |  |  | 258.8 |  |  |  |  |
Depreciation |  | 5.0 |  |  | 3.5 |  |  | 12.0 |  |  | 10.4 |  |  |  |  |
Amortization |  | 9.9 |  |  | 7.3 |  |  | 21.1 |  |  | 18.6 |  |  |  |  |
Federal Government |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 297.9 |  |  | $ | 298.9 |  |  | $ | 847.2 |  |  | $ | 819.0 |  |  |  |  |
Gross profit |  | 61.1 |  |  | 57.6 |  |  | 177.4 |  |  | 150.6 |  |  |  |  |
Operating income |  | 23.0 |  |  | 23.3 |  |  | 66.4 |  |  | 56.8 |  |  |  |  |
Depreciation |  | 1.3 |  |  | 2.3 |  |  | 4.2 |  |  | 6.8 |  |  |  |  |
Amortization |  | 8.0 |  |  | 8.6 |  |  | 24.2 |  |  | 21.3 |  |  |  |  |
Consolidated |  |  |  |  |  |  |  |  |  |  |  |
Revenues |  | $ | 1,197.9 |  |  | $ | 1,073.8 |  |  | $ | 3,430.7 |  |  | $ | 2,955.7 |  |  |  |  |
Gross profit |  | 358.9 |  |  | 308.7 |  |  | 1,029.5 |  |  | 828.7 |  |  |  |  |
Operating income |  | 108.4 |  |  | 100.1 |  |  | 319.1 |  |  | 255.4 |  |  |  |  |
Depreciation |  | 7.2 |  |  | 7.1 |  |  | 19.5 |  |  | 21.7 |  |  |  |  |
Amortization |  | 17.9 |  |  | 15.9 |  |  | 45.3 |  |  | 39.9 |  |  |  |  |
_______ |  |  |  |  |  |  |  |  |  |  |  |
Consolidated operating income includes corporate operating expenses, which are not allocated to the segments. These include stock-based compensation expense, depreciation expense, compensation for corporate employees, acquisition, integration and strategic planning expenses and public company expenses. |  |  |  |
Disaggregation of Revenue | Revenues by segment and by type are as follows (in millions):
|  | Three Months Ended |  | Nine Months Ended |  |
|  | September 30, |  | September 30, |  |
|  | 2022 |  | 2021 |  | 2022 |  | 2021 |  |  |  |
Commercial |  |  |  |  |  |  |  |  |  |  |  |
Assignment |  | $ | 631.4 |  |  | $ | 587.3 |  |  | $ | 1,888.0 |  |  | $ | 1,687.2 |  |  |  |  |
Consulting |  | 268.6 |  |  | 187.6 |  |  | 695.5 |  |  | 449.5 |  |  |  |  |
|  | 900.0 |  |  | 774.9 |  |  | 2,583.5 |  |  | 2,136.7 |  |  |  |  |
Federal Government |  |  |  |  |  |  |  |  |  |  |  |
Firm-fixed-price |  | 91.7 |  |  | 94.5 |  |  | 242.9 |  |  | 217.0 |  |  |  |  |
Time and materials |  | 113.7 |  |  | 106.0 |  |  | 338.5 |  |  | 296.9 |  |  |  |  |
Cost reimbursable |  | 92.5 |  |  | 98.4 |  |  | 265.8 |  |  | 305.1 |  |  |  |  |
|  | 297.9 |  |  | 298.9 |  |  | 847.2 |  |  | 819.0 |  |  |  |  |
Consolidated |  | $ | 1,197.9 |  |  | $ | 1,073.8 |  |  | $ | 3,430.7 |  |  | $ | 2,955.7 |  |  |  |  |
Revenue from External Customers by Products and Services | Federal Government Segment revenues by customer type are as follows (in millions):
|  | Three Months Ended |  | Nine Months Ended |  |
|  | September 30, |  | September 30, |  |
|  | 2022 |  | 2021 |  | 2022 |  | 2021 |  |  |  |
Department of Defense and Intelligence Agencies |  | $ | 165.5 |  |  | $ | 166.0 |  |  | $ | 458.4 |  |  | $ | 450.8 |  |  |  |  |
Federal Civilian |  | 124.8 |  |  | 112.1 |  |  | 361.9 |  |  | 303.5 |  |  |  |  |
Other |  | 7.6 |  |  | 20.8 |  |  | 26.9 |  |  | 64.7 |  |  |  |  |
|  | $ | 297.9 |  |  | $ | 298.9 |  |  | $ | 847.2 |  |  | $ | 819.0 |  |  |  |  |

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