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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues:        
Staffing services $ 36,195 $ 34,589 $ 92,793 $ 93,439
Professional employer service fees 74,874 50,795 196,198 136,727
Total revenues 111,069 85,384 288,991 230,166
Cost of revenues:        
Direct payroll costs 27,158 26,292 69,653 70,833
Payroll taxes and benefits 42,915 30,321 125,239 90,970
Workers' compensation 19,432 12,618 49,637 33,331
Total cost of revenues 89,505 69,231 244,529 195,134
Gross margin 21,564 16,153 44,462 35,032
Selling, general and administrative expenses 12,745 9,879 33,058 27,577
Depreciation and amortization 372 334 1,076 1,000
Income from operations 8,447 5,940 10,328 6,455
Other income:        
Life insurance proceeds     0 10,000
Investment income, net 162 340 590 968
Other (6) (8) (22) 84
Other income 156 332 568 11,052
Income before income taxes 8,603 6,272 10,896 17,507
Provision for income taxes 2,791 858 3,554 3,098
Net income $ 5,812 $ 5,414 $ 7,342 $ 14,409
Basic earnings per common share $ 0.83 $ 0.54 $ 0.92 $ 1.42
Weighted average number of basic common shares outstanding 7,007 10,060 7,959 10,152
Diluted earnings per common share $ 0.81 $ 0.54 $ 0.91 $ 1.41
Weighted average number of diluted common shares outstanding 7,184 10,100 8,069 10,198
Dividend declared per common share $ 0.11 $ 0.09 $ 0.33 $ 0.27