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Reportable Segments
 12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Reportable Segments
2. Reportable Segments
Kforce’s two reportable segments are Technology and FA. Within each segment, we provide highly skilled professionals on a Flex and Direct Hire basis to our customers on traditional staffing engagements and increasingly, within our Technology segment, as a part of an overall solutions engagement. The chief operating decision-maker (“CODM”), our President and Chief Executive Officer, establishes the strategic direction of the Firm, its priorities and longer-term financial objectives. Our CODM is ultimately responsible for evaluating segment performance and making decisions regarding resource allocation. Our CODM evaluates performance based on, among others, revenue trends (relative to peers and market benchmarks) and segment gross profit, and other key leading indicators such as client visits, job order trends for traditional staffing assignments, opportunity pipeline reviews for solutions-oriented engagements, and trends in consultants on assignment. The CODM uses these financial metrics and productivity measures when making decisions about allocating capital and resources to the segments.
Segment gross profit is defined as segment revenue, less direct costs attributable to the reportable segment. The CODM is not provided income from operations or asset information by reportable segment as operations are largely combined.
The following table provides information on the operations of our segments:
(in thousands)
TechnologyFATotal
2024
Revenue $1,292,743 $112,565 $1,405,308 
Direct costs950,589 69,274 1,019,863 
Gross profit$342,154 $43,291 $385,445 
Less:
Selling, general and administrative expenses309,802 
Depreciation and amortization5,922 
Other expense, net2,097 
Income from operations, before income taxes$67,624 
2023
Revenue $1,384,553 $147,203 $1,531,756 
Direct costs1,015,157 89,533 1,104,690 
Gross profit$369,396 $57,670 $427,066 
Less:
Selling, general and administrative expenses334,933 
Depreciation and amortization5,012 
Other expense, net1,871 
Income from operations, before income taxes$85,250 
2022
Revenue$1,507,627 $203,138 $1,710,765 
Direct costs1,085,705 123,953 1,209,658 
Gross profit$421,922 $79,185 $501,107 
Less:
Selling, general and administrative expenses379,815 
Depreciation and amortization4,427 
Other expense, net14,423 
Income from operations, before income taxes$102,442