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Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues:        
Staffing services $ 30,518 $ 31,975 $ 58,850 $ 59,037
Professional employer service fees 45,495 35,457 85,932 66,655
Total revenues 76,013 67,432 144,782 125,692
Cost of revenues:        
Direct payroll costs 23,093 24,237 44,541 44,673
Payroll taxes and benefits 28,886 22,861 60,649 47,489
Workers' compensation 10,753 8,602 20,713 16,433
Total cost of revenues 62,732 55,700 125,903 108,595
Gross margin 13,281 11,732 18,879 17,097
Selling, general and administrative expenses 8,871 8,407 17,698 16,631
Depreciation and amortization 331 333 666 710
Income (loss) from operations 4,079 2,992 515 (244)
Other income:        
Life insurance proceeds     10,000 0
Investment income, net 273 217 628 401
Other (7) 163 92 264
Other income 266 380 10,720 665
Income before income taxes 4,345 3,372 11,235 421
Provision for (benefit from) income taxes 896 1,113 2,240 (135)
Net income $ 3,449 $ 2,259 $ 8,995 $ 556
Basic earnings per share $ 0.34 $ 0.22 $ 0.88 $ 0.05
Weighted average number of basic shares outstanding 10,196 10,446 10,198 10,456
Diluted earnings per share $ 0.34 $ 0.22 $ 0.88 $ 0.05
Weighted average number of diluted shares outstanding 10,245 10,485 10,246 10,490