| Business segments |
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, 2014 are shown below (in thousands):
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Year ended September 30,
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2014
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2013
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2012
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Revenue:
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|
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Health Services
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$
|
1,250,565
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|
$
|
862,879
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|
$
|
671,181
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Human Services
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450,347
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468,400
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378,964
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|
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|
|
|
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Total
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$
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1,700,912
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|
$
|
1,331,279
|
|
$
|
1,050,145
|
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Gross Profit:
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Health services
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$
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325,559
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|
$
|
248,100
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|
$
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172,456
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|
Human Services
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126,564
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|
|
137,933
|
|
|
115,487
|
|
|
|
|
|
|
|
|
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Total
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$
|
452,123
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|
$
|
386,033
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|
$
|
287,943
|
|
|
|
|
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|
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Selling, general and administrative expense:
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Health Services
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$
|
150,181
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|
$
|
118,266
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|
$
|
91,837
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|
|
Human Services
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|
76,022
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|
|
79,842
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|
|
65,565
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Acquisition-related expenses
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—
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|
2,168
|
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|
2,876
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Legal and settlement expenses /(recoveries), net
|
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|
596
|
|
|
(202
|
)
|
|
90
|
|
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Other
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|
|
16
|
|
|
804
|
|
|
241
|
|
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|
|
|
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Total
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|
$
|
226,815
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|
$
|
200,878
|
|
$
|
160,609
|
|
|
|
|
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|
|
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Operating income
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Health Services
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$
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175,378
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$
|
129,834
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|
$
|
80,619
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Human Services
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|
50,542
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|
58,091
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|
49,922
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Acquisition-related expenses
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—
|
|
|
(2,168
|
)
|
|
(2,876
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)
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Legal and settlement recoveries / (expenses), net
|
|
|
(596
|
)
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|
202
|
|
|
(90
|
)
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Other
|
|
|
(16
|
)
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(804
|
)
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(241
|
)
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|
|
|
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Total
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$
|
225,308
|
|
$
|
185,155
|
|
$
|
127,334
|
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Depreciation and amortization:
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Health Services
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$
|
36,740
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$
|
20,846
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|
$
|
16,908
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Human Services
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|
11,928
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|
14,970
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|
|
9,552
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|
|
|
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Total
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$
|
48,668
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|
$
|
35,816
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|
$
|
26,460
|
|
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|
|
|
|
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Acquisition-related expenses are costs directly incurred from the purchases of HML in 2013 and PSI in 2012, as well as any unsuccessful transactions. No significant costs were incurred in the acquisition of Centacare. Legal and settlement expenses (recoveries), net consists of costs, net of reimbursed insurance claims, related to significant legal settlements and non-routine legal matters, including future probable legal costs estimated to be incurred in connection with those matters. Legal expenses incurred in the ordinary course of business are included in their respective business segments.
We operate primarily in the United States, Australia, Canada, the United Kingdom and Saudi Arabia.
Our revenue was distributed as follows (in thousands):
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Year ended September 30,
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2014
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|
2013
|
|
2012
|
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|
United States
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|
$
|
1,306,026
|
|
$
|
999,419
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|
$
|
775,871
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Australia
|
|
|
170,727
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|
|
157,383
|
|
|
163,482
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|
Rest of World
|
|
|
224,159
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|
|
174,477
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|
110,792
|
|
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|
|
|
|
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|
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Total
|
|
$
|
1,700,912
|
|
$
|
1,331,279
|
|
$
|
1,050,145
|
|
|
|
|
|
|
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Identifiable assets for the segments are shown below (in thousands):
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Year Ended
September 30,
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2014
|
|
2013
|
|
|
Health Services
|
|
$
|
511,188
|
|
$
|
518,914
|
|
|
Human Services
|
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|
152,243
|
|
|
221,604
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|
Corporate / Other
|
|
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237,565
|
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117,460
|
|
|
|
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Total
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|
$
|
900,996
|
|
$
|
857,978
|
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Our long-lived assets, consisting of property and equipment, capitalized software costs and deferred compensation plan assets, were distributed as follows (in thousands):
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Year Ended
September 30,
|
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|
|
|
2014
|
|
2013
|
|
|
United States
|
|
$
|
93,500
|
|
$
|
88,812
|
|
|
Canada
|
|
|
27,043
|
|
|
24,135
|
|
|
Australia
|
|
|
8,769
|
|
|
9,459
|
|
|
Rest of World
|
|
|
7,794
|
|
|
6,074
|
|
|
|
|
|
|
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|
Total
|
|
$
|
137,106
|
|
$
|
128,480
|
|
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