| Schedule of financial information for each of the Company's business segments |
The table below provides certain financial information for each of our business segments.
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Three Months Ended December 31, |
(dollars in thousands) |
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2017 |
|
% (1) |
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2016 |
|
% (1) |
Revenue: |
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Health Services |
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$ |
352,090 |
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|
100 |
% |
|
$ |
340,729 |
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|
100 |
% |
U.S. Federal Services |
|
132,983 |
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|
100 |
% |
|
141,298 |
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|
100 |
% |
Human Services |
|
138,075 |
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|
100 |
% |
|
125,537 |
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|
100 |
% |
Total |
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$ |
623,148 |
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|
100 |
% |
|
$ |
607,564 |
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|
100 |
% |
Gross profit: |
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Health Services |
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$ |
91,056 |
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25.9 |
% |
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$ |
78,234 |
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23.0 |
% |
U.S. Federal Services |
|
33,358 |
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25.1 |
% |
|
37,576 |
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26.6 |
% |
Human Services |
|
27,546 |
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|
20.0 |
% |
|
29,008 |
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23.1 |
% |
Total |
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$ |
151,960 |
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24.4 |
% |
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$ |
144,818 |
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23.8 |
% |
Selling, general and administrative expense: |
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Health Services |
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$ |
33,416 |
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9.5 |
% |
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$ |
28,107 |
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8.2 |
% |
U.S. Federal Services |
|
16,648 |
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12.5 |
% |
|
19,695 |
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13.9 |
% |
Human Services |
|
19,495 |
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|
14.1 |
% |
|
17,239 |
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|
13.7 |
% |
Other (2) |
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— |
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NM |
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|
357 |
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NM |
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Total |
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$ |
69,559 |
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11.2 |
% |
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$ |
65,398 |
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10.8 |
% |
Operating income: |
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Health Services |
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$ |
57,640 |
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16.4 |
% |
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$ |
50,127 |
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14.7 |
% |
U.S. Federal Services |
|
16,710 |
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12.6 |
% |
|
17,881 |
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12.7 |
% |
Human Services |
|
8,051 |
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5.8 |
% |
|
11,769 |
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|
9.4 |
% |
Amortization of intangible assets |
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(2,718 |
) |
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NM |
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(3,402 |
) |
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NM |
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Restructuring costs (3) |
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— |
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NM |
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(2,242 |
) |
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NM |
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Other (2) |
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— |
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NM |
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(357 |
) |
|
NM |
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Total |
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$ |
79,683 |
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12.8 |
% |
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$ |
73,776 |
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12.1 |
% |
(1) Percentage of respective segment revenue. Percentages not considered meaningful are marked “NM.”
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(2)
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Other costs and credits relate to SG&A balances that do not relate directly to segment business activities. During the three months ended December 31, 2016 we incurred $0.4 million of legal costs pertaining to a matter which occurred in fiscal year 2009. This matter was settled in the third quarter of fiscal year 2017.
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(3) |
During fiscal year 2017, we incurred costs in restructuring our United Kingdom Human Services business. See "Note 5. Supplemental disclosures" for more information. |
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