| Schedule of results for each of the Company's business segments |
The results of these segments for the three years ended September 30, 2018 are shown below (in thousands).
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year ended September 30, |
|
2018 |
|
2017 |
|
2016 |
Revenue: |
|
|
|
|
|
|
|
|
Health Services |
$ |
1,404,959 |
|
|
$ |
1,380,151 |
|
|
$ |
1,298,304 |
|
U.S. Federal Services |
478,911 |
|
|
545,573 |
|
|
591,728 |
|
Human Services |
508,366 |
|
|
525,237 |
|
|
513,328 |
|
Total |
$ |
2,392,236 |
|
|
$ |
2,450,961 |
|
|
$ |
2,403,360 |
|
Gross Profit: |
|
|
|
|
|
|
|
|
Health Services |
$ |
372,628 |
|
|
$ |
347,325 |
|
|
$ |
292,181 |
|
U.S. Federal Services |
126,698 |
|
|
139,321 |
|
|
138,168 |
|
Human Services |
95,059 |
|
|
125,259 |
|
|
131,842 |
|
Total |
$ |
594,385 |
|
|
$ |
611,905 |
|
|
$ |
562,191 |
|
Selling, general and administrative expense: |
|
|
|
|
|
|
|
|
Health Services |
$ |
136,250 |
|
|
$ |
132,081 |
|
|
$ |
107,155 |
|
U.S. Federal Services |
69,312 |
|
|
74,345 |
|
|
74,792 |
|
Human Services |
76,835 |
|
|
76,675 |
|
|
84,157 |
|
Other |
2,844 |
|
|
1,492 |
|
|
2,987 |
|
Total |
$ |
285,241 |
|
|
$ |
284,593 |
|
|
$ |
269,091 |
|
Operating income: |
|
|
|
|
|
|
|
|
Health Services |
$ |
236,378 |
|
|
$ |
215,244 |
|
|
$ |
185,026 |
|
U.S. Federal Services |
57,386 |
|
|
64,976 |
|
|
63,376 |
|
Human Services |
18,224 |
|
|
48,584 |
|
|
47,685 |
|
Amortization of intangible assets |
(10,308 |
) |
|
(12,208 |
) |
|
(13,377 |
) |
Restructuring costs |
(3,353 |
) |
|
(2,242 |
) |
|
— |
|
Acquisition-related expenses |
(947 |
) |
|
(83 |
) |
|
(832 |
) |
Gain on sale of a business |
— |
|
|
650 |
|
|
6,880 |
|
Other |
(1,897 |
) |
|
(1,409 |
) |
|
(2,155 |
) |
Total |
$ |
295,483 |
|
|
$ |
313,512 |
|
|
$ |
286,603 |
|
Operating income as a percentage of revenue: |
|
|
|
|
|
Health Services |
16.8 |
% |
|
15.6 |
% |
|
14.3 |
% |
U.S. Federal Services |
12.0 |
% |
|
11.9 |
% |
|
10.7 |
% |
Human Services |
3.6 |
% |
|
9.2 |
% |
|
9.3 |
% |
Total |
12.4 |
% |
|
12.8 |
% |
|
11.9 |
% |
Depreciation and amortization: |
|
|
|
|
|
|
|
|
Health Services |
$ |
28,613 |
|
|
$ |
29,114 |
|
|
$ |
31,916 |
|
U.S. Federal Services |
8,478 |
|
|
11,175 |
|
|
9,953 |
|
Human Services |
14,793 |
|
|
15,480 |
|
|
16,535 |
|
Total |
$ |
51,884 |
|
|
$ |
55,769 |
|
|
$ |
58,404 |
|
|
| Schedule of distribution of revenues |
Our revenue was distributed as follows (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year ended September 30, |
|
2018 |
|
2017 |
|
2016 |
United States |
$ |
1,692,823 |
|
|
$ |
1,765,661 |
|
|
$ |
1,721,261 |
|
United Kingdom |
347,026 |
|
|
346,342 |
|
|
384,649 |
|
Australia |
247,850 |
|
|
232,434 |
|
|
200,539 |
|
Rest of World |
104,537 |
|
|
106,524 |
|
|
96,911 |
|
Total |
$ |
2,392,236 |
|
|
$ |
2,450,961 |
|
|
$ |
2,403,360 |
|
|
| Schedule of identifiable assets by segment |
Identifiable assets for the segments are shown below (in thousands):
|
|
|
|
|
|
|
|
|
|
Year Ended
September 30, |
|
2018 |
|
2017 |
Health Services |
$ |
482,490 |
|
|
$ |
515,850 |
|
U.S. Federal Services |
375,807 |
|
|
397,824 |
|
Human Services |
144,445 |
|
|
169,523 |
|
Corporate/Other |
459,258 |
|
|
267,465 |
|
Total |
$ |
1,462,000 |
|
|
$ |
1,350,662 |
|
|
| Schedule of distribution of total long-lived assets, consisting of property and equipment, capitalized software costs and deferred compensation plan assets |
Our long-lived assets, consisting of property and equipment, capitalized software costs and deferred compensation plan assets, were distributed as follows (in thousands):
|
|
|
|
|
|
|
|
|
|
Year Ended
September 30, |
|
2018 |
|
2017 |
United States |
$ |
98,340 |
|
|
$ |
101,530 |
|
Australia |
20,545 |
|
|
32,165 |
|
Canada |
9,504 |
|
|
13,670 |
|
United Kingdom |
5,498 |
|
|
9,251 |
|
Rest of World |
391 |
|
|
331 |
|
Total |
$ |
134,278 |
|
|
$ |
156,947 |
|
|