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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues:        
Professional employer service fees $ 93,494 $ 65,113 $ 175,312 $ 121,324
Staffing services 35,304 30,387 65,037 56,598
Total revenues 128,798 95,500 240,349 177,922
Cost of revenues:        
Direct payroll costs 26,611 22,843 48,907 42,495
Payroll taxes and benefits 53,483 39,332 112,606 82,324
Workers' compensation 24,978 16,984 46,799 30,205
Total cost of revenues 105,072 79,159 208,312 155,024
Gross margin 23,726 16,341 32,037 22,898
Selling, general and administrative expenses 14,494 10,549 26,305 20,313
Depreciation and amortization 506 357 966 704
Income from operations 8,726 5,435 4,766 1,881
Other income (expense):        
Investment income, net 173 212 345 441
Interest expense (64) (7) (143) (13)
Other 1 (9) (5) (16)
Other income 110 196 197 412
Income before income taxes 8,836 5,631 4,963 2,293
Provision for income taxes 2,950 1,888 1,626 763
Net Income $ 5,886 $ 3,743 $ 3,337 $ 1,530
Basic earnings per common share $ 0.83 $ 0.54 $ 0.47 $ 0.18
Weighted average number of basic common shares outstanding 7,082,007 6,995,066 7,052,139 8,434,962
Diluted earnings per common share $ 0.80 $ 0.53 $ 0.45 $ 0.18
Weighted average number of diluted common shares outstanding 7,373,702 7,078,076 7,343,515 8,511,275
Cash dividends per common share $ 0.13 $ 0.11 $ 0.26 $ 0.22