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Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2013

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data



		Quarter ended
		March 31				June 30						Sept. 30						Dec. 31
		(in thousands, except per share amounts)
2013
Revenues		$	611,836			$	547,274					$	539,869					$	557,133
Gross profit		108,118				97,746						97,409						89,978
Operating income		22,009				10,228						17,112						6,874			⁽¹⁾
Net income		13,173				3,488				⁽²⁾		10,082						5,289			⁽³⁾
Basic net income per share		0.51				0.14						0.39						0.21
Diluted net income per share		0.51				0.14						0.39						0.21

2012
Revenues		$	595,177			$	519,256					$	511,953					$	532,438
Gross profit		103,004				87,294				⁽⁴⁾		98,420						93,503
Operating income		23,046				9,415						19,140						15,893			⁽⁵⁾
Net income		13,884				5,621						11,452						9,445
Basic net income per share		0.54				0.22						0.45						0.34			⁽⁶⁾
Diluted net income per share		0.54				0.22						0.45						0.34			⁽⁶⁾

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⁽¹⁾	Included in the results for the fourth quarter of 2013 is a $3.3 million impairment charge, related to our Expense Management reporting unit. Please read Note 5, “Goodwill and Other Intangible Assets,” for additional information.


⁽²⁾	Includes the impact of a $2.7 million non-cash impairment charge. Please read Note 6 to the Consolidated Financial Statements, “Other Assets,” for additional information.


⁽³⁾	Includes a $2.0 million tax benefit related to tax years 2009 through 2012. Please read Note 9 to the Consolidated Financial Statements, “Income Taxes,” for additional information.


⁽⁴⁾	Included in the results for the second quarter of 2012 is a $2.9 million reduction to payroll tax expense related to a refund of Pennsylvania sales taxes. Please read Note 14, “Commitments and Contingencies,” for additional information.


⁽⁵⁾	Included in the results for the fourth quarter of 2012 is a $4.2 million impairment charge, related to our Performance Management reporting unit. Please read Note 5, “Goodwill and Other Intangible Assets,” for additional information.


⁽⁶⁾	Under the two-class earnings per share method, undistributed losses resulting from dividends exceeding net income are not allocated to participating securities. This resulted in a $0.03 earnings per share decrease in the fourth quarter of 2012. Please read Note 12, “Net Income Per Share,” for additional information.