| 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) |
|
2016 |
|
% (1) |
|
2015 |
|
% (1) |
Revenue: |
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Health Services |
|
$ |
340,729 |
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|
100 |
% |
|
$ |
291,903 |
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|
100 |
% |
U.S. Federal Services |
|
141,298 |
|
|
100 |
% |
|
145,285 |
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|
100 |
% |
Human Services |
|
125,537 |
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|
100 |
% |
|
119,534 |
|
|
100 |
% |
Total |
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$ |
607,564 |
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|
100 |
% |
|
$ |
556,722 |
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|
100 |
% |
Gross profit: |
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Health Services |
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$ |
78,234 |
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23.0 |
% |
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$ |
51,972 |
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17.8 |
% |
U.S. Federal Services |
|
37,576 |
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26.6 |
% |
|
28,238 |
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19.4 |
% |
Human Services |
|
29,008 |
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|
23.1 |
% |
|
30,005 |
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|
25.1 |
% |
Total |
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$ |
144,818 |
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23.8 |
% |
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$ |
110,215 |
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19.8 |
% |
Selling, general and administrative expense: |
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Health Services |
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$ |
28,107 |
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8.2 |
% |
|
$ |
25,164 |
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8.6 |
% |
U.S. Federal Services |
|
19,695 |
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|
13.9 |
% |
|
17,522 |
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12.1 |
% |
Human Services |
|
17,239 |
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|
13.7 |
% |
|
20,898 |
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|
17.5 |
% |
Other (2) |
|
357 |
|
|
NM |
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|
650 |
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|
NM |
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Total |
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$ |
65,398 |
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10.8 |
% |
|
$ |
64,234 |
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|
11.5 |
% |
Operating income: |
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Health Services |
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$ |
50,127 |
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14.7 |
% |
|
$ |
26,808 |
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9.2 |
% |
U.S. Federal Services |
|
17,881 |
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12.7 |
% |
|
10,716 |
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7.4 |
% |
Human Services |
|
11,769 |
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9.4 |
% |
|
9,107 |
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7.6 |
% |
Amortization of intangible assets |
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(3,402 |
) |
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NM |
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(3,149 |
) |
|
NM |
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Restructuring costs (3) |
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(2,242 |
) |
|
NM |
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— |
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|
NM |
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Acquisition-related expenses |
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— |
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|
NM |
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(46 |
) |
|
NM |
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Other (2) |
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(357 |
) |
|
NM |
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(650 |
) |
|
NM |
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Total |
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$ |
73,776 |
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12.1 |
% |
|
$ |
42,786 |
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|
7.7 |
% |
(1) Percentage of respective segment revenue. Percentages not considered meaningful are marked “NM.”
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(2)
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During the three months ended December 31, 2016, we incurred $0.4 million of legal-related costs pertaining to a matter that occurred prior to 2009. During the three months ended December 31, 2015, we incurred $0.7 million of legal costs related to a matter that occurred in fiscal year 2014. Both items are classified within other selling general and administrative expense.
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(3) |
During the three months ended December 31, 2016, we incurred costs in restructuring our United Kingdom Human Services business. See "Note 6. Supplemental disclosures" for more information. |
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