|
2. Business segments
The Company is organized and managed based upon the services it provides. We operate in two business segments, Health Services and Human Services. The results of these segments for the three years ended September 30, 2012 are shown below (in thousands):
|
|
|
Year ended September 30,
|
|
|
|
|
2012
|
|
2011
|
|
2010
|
|
|
Revenue:
|
|
|
|
|
|
|
|
|
Health Services
|
|
$
|
671,181
|
|
$
|
565,881
|
|
$
|
514,258
|
|
|
Human Services
|
|
378,964
|
|
363,752
|
|
317,491
|
|
|
Total
|
|
$
|
1,050,145
|
|
$
|
929,633
|
|
$
|
831,749
|
|
|
Gross Profit:
|
|
|
|
|
|
|
|
|
Health services
|
|
$
|
172,456
|
|
$
|
147,239
|
|
$
|
130,276
|
|
|
Human Services
|
|
115,487
|
|
106,412
|
|
90,557
|
|
|
Total
|
|
$
|
287,943
|
|
$
|
253,651
|
|
$
|
220,833
|
|
|
Selling, general and administrative expense:
|
|
|
|
|
|
|
|
|
Health Services
|
|
$
|
91,837
|
|
$
|
72,524
|
|
$
|
65,551
|
|
|
Human Services
|
|
65,565
|
|
59,590
|
|
51,067
|
|
|
Corporate / Other
|
|
—
|
|
(56
|
)
|
2,160
|
|
|
Total
|
|
$
|
157,402
|
|
$
|
132,058
|
|
$
|
118,778
|
|
|
Operating income from continuing operations (before income taxes):
|
|
|
|
|
|
|
|
|
Health Services
|
|
$
|
80,619
|
|
$
|
74,715
|
|
$
|
64,725
|
|
|
Human Services
|
|
49,922
|
|
46,822
|
|
39,490
|
|
|
Corporate / Other
|
|
—
|
|
56
|
|
(2,160
|
)
|
|
Acquisition-related expenses and legal and settlement expense, net
|
|
(2,966
|
)
|
808
|
|
5,351
|
|
|
Total
|
|
$
|
127,575
|
|
$
|
122,401
|
|
$
|
107,406
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation and amortization:
|
|
|
|
|
|
|
|
|
Health Services
|
|
$
|
14,257
|
|
$
|
12,120
|
|
$
|
9,055
|
|
|
Human Services
|
|
8,790
|
|
7,842
|
|
6,623
|
|
|
Corporate / Other
|
|
3,413
|
|
2,883
|
|
2,662
|
|
|
Total
|
|
$
|
26,460
|
|
$
|
22,845
|
|
$
|
18,340
|
|
Corporate/Other operating income reflects the allocation of corporate depreciation and amortization to the Health Services and Human Services segments.
The Company operates primarily in the United States, Australia, Canada, the United Kingdom and Saudi Arabia. During fiscal 2010 and 2009, the Company also operated in Israel.
Revenues for the Company were distributed as follows (in thousands):
|
|
|
Year ended September 30,
|
|
|
|
|
2012
|
|
2011
|
|
2010
|
|
|
United States
|
|
$
|
775,871
|
|
$
|
630,812
|
|
$
|
606,396
|
|
|
Australia
|
|
163,482
|
|
176,814
|
|
135,635
|
|
|
Rest of World
|
|
110,792
|
|
122,007
|
|
89,718
|
|
|
Total
|
|
$
|
1,050,145
|
|
$
|
929,633
|
|
$
|
831,749
|
|
Identifiable assets for the segments are shown below (in thousands):
Identifiable assets:
|
|
|
Year Ended
September 30
|
|
|
|
|
2012
|
|
2011
|
|
|
Health Services
|
|
$
|
266,017
|
|
$
|
224,400
|
|
|
Human Services
|
|
305,376
|
|
212,791
|
|
|
Corporate / Other
|
|
123,900
|
|
128,088
|
|
|
Total
|
|
$
|
695,293
|
|
$
|
565,279
|
|
Total long-lived assets of the Company, consisting of property and equipment, capitalized software costs and deferred compensation costs, were distributed as follows (in thousands):
|
|
|
Year Ended
September 30
|
|
|
|
|
2012
|
|
2011
|
|
|
United States
|
|
$
|
56,188
|
|
$
|
51,245
|
|
|
Canada
|
|
24,110
|
|
20,096
|
|
|
Australia
|
|
10,358
|
|
12,260
|
|
|
Rest of World
|
|
4,752
|
|
2,759
|
|
|
Total
|
|
$
|
95,408
|
|
$
|
86,360
|
|
|