2014 Q2 Form 10-Q Financial Statement
#000121070814000016 Filed on August 04, 2014
Income Statement
| Concept | 2014 Q2 | 2013 Q2 |
|---|---|---|
| Revenue | $151.1M | $171.4M |
| YoY Change | -11.84% | -16.34% |
| Cost Of Revenue | $91.20M | $110.9M |
| YoY Change | -17.73% | -13.24% |
| Gross Profit | $59.87M | $55.11M |
| YoY Change | 8.65% | -28.5% |
| Gross Profit Margin | 39.63% | 32.16% |
| Selling, General & Admin | $60.22M | $63.02M |
| YoY Change | -4.46% | -14.3% |
| % of Gross Profit | 100.57% | 114.37% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $1.510M | $1.650M |
| YoY Change | -8.48% | 2.48% |
| % of Gross Profit | 2.52% | 2.99% |
| Operating Expenses | $62.74M | $63.02M |
| YoY Change | -0.46% | -14.3% |
| Operating Profit | -$2.865M | -$5.941M |
| YoY Change | -51.78% | 87.59% |
| Interest Expense | -$202.0K | -$155.0K |
| YoY Change | 30.32% | -17.99% |
| % of Operating Profit | ||
| Other Income/Expense, Net | -$305.0K | -$94.00K |
| YoY Change | 224.47% | -74.53% |
| Pretax Income | -$3.372M | -$5.673M |
| YoY Change | -40.56% | 52.3% |
| Income Tax | $193.0K | $138.0K |
| % Of Pretax Income | ||
| Net Earnings | -$4.374M | -$5.811M |
| YoY Change | -24.73% | -1574.87% |
| Net Earnings / Revenue | -2.9% | -3.39% |
| Basic Earnings Per Share | -$0.13 | -$0.18 |
| Diluted Earnings Per Share | -$0.13 | -$0.18 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 32.75M shares | 32.72M shares |
| Diluted Shares Outstanding | 32.75M shares | 32.72M shares |
Balance Sheet
| Concept | 2014 Q2 | 2013 Q2 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $17.90M | $28.30M |
| YoY Change | -36.75% | -2.08% |
| Cash & Equivalents | $17.85M | $28.31M |
| Short-Term Investments | ||
| Other Short-Term Assets | $10.40M | $11.50M |
| YoY Change | -9.57% | -14.18% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $89.70M | $103.6M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $128.7M | $143.4M |
| YoY Change | -10.25% | -14.8% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $14.90M | $16.68M |
| YoY Change | -10.64% | -21.3% |
| Goodwill | $2.029M | $2.033M |
| YoY Change | -0.2% | 1.75% |
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $5.791M | $5.704M |
| YoY Change | 1.53% | 1.71% |
| Total Long-Term Assets | $27.18M | $31.92M |
| YoY Change | -14.85% | -16.65% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $128.7M | $143.4M |
| Total Long-Term Assets | $27.18M | $31.92M |
| Total Assets | $155.9M | $175.4M |
| YoY Change | -11.09% | -15.14% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $8.177M | $9.144M |
| YoY Change | -10.58% | -16.83% |
| Accrued Expenses | $59.90M | $60.30M |
| YoY Change | -0.66% | -11.06% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $2.183M | $659.0K |
| YoY Change | 231.26% | -54.86% |
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $70.23M | $70.10M |
| YoY Change | 0.17% | -12.68% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $6.600M | $6.389M |
| YoY Change | 3.3% | 4.21% |
| Total Long-Term Liabilities | $6.600M | $6.389M |
| YoY Change | 3.3% | 4.21% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $70.23M | $70.10M |
| Total Long-Term Liabilities | $6.600M | $6.389M |
| Total Liabilities | $87.31M | $87.15M |
| YoY Change | 0.18% | -12.55% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$426.3M | -$401.1M |
| YoY Change | 6.3% | 0.24% |
| Common Stock | $476.2M | $474.9M |
| YoY Change | 0.27% | 0.47% |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | $456.0K | $843.0K |
| YoY Change | -45.91% | 184.8% |
| Treasury Stock Shares | 127.0K shares | 204.0K shares |
| Shareholders Equity | $68.60M | $88.21M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $155.9M | $175.4M |
| YoY Change | -11.09% | -15.14% |
Cashflow Statement
| Concept | 2014 Q2 | 2013 Q2 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$4.374M | -$5.811M |
| YoY Change | -24.73% | -1574.87% |
| Depreciation, Depletion And Amortization | $1.510M | $1.650M |
| YoY Change | -8.48% | 2.48% |
| Cash From Operating Activities | -$4.650M | -$3.430M |
| YoY Change | 35.57% | -141.83% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$1.250M | -$470.0K |
| YoY Change | 165.96% | -90.71% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | ||
| YoY Change | ||
| Cash From Investing Activities | -$1.250M | -$470.0K |
| YoY Change | 165.96% | -90.71% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 1.460M | 430.0K |
| YoY Change | 239.53% | -68.61% |
| NET CHANGE | ||
| Cash From Operating Activities | -4.650M | -3.430M |
| Cash From Investing Activities | -1.250M | -470.0K |
| Cash From Financing Activities | 1.460M | 430.0K |
| Net Change In Cash | -4.440M | -3.470M |
| YoY Change | 27.95% | -176.94% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$4.650M | -$3.430M |
| Capital Expenditures | -$1.250M | -$470.0K |
| Free Cash Flow | -$3.400M | -$2.960M |
| YoY Change | 14.86% | -122.32% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2013Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
9747000 | USD |
| CY2014Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
8177000 | USD |
| CY2013Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
85901000 | USD |
| CY2014Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
100508000 | USD |
| CY2013Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
103586000 | USD |
| CY2013Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
49730000 | USD |
| CY2014Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
53281000 | USD |
| CY2013Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
|
30000 | USD |
| CY2014Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
|
54000 | USD |
| CY2014Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
19232000 | USD |
| CY2013Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
17203000 | USD |
| CY2014Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
19178000 | USD |
| CY2013Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
17173000 | USD |
| CY2013Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
475461000 | USD |
| CY2014Q2 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
476193000 | USD |
| us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1971757 | shares | |
| CY2014Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
333000 | USD |
| us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
829000 | USD | |
| us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
122000 | USD | |
| CY2013Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
857000 | USD |
| us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1532000 | USD | |
| CY2014Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
1152000 | USD |
| CY2013Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
1108000 | USD |
| CY2013Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1971757 | shares |
| CY2013Q4 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
2533000 | USD |
| CY2014Q2 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
2579000 | USD |
| us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-19525000 | USD | |
| CY2014Q2 | us-gaap |
Assets
Assets
|
155920000 | USD |
| CY2013Q4 | us-gaap |
Assets
Assets
|
158829000 | USD |
| us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-10346000 | USD | |
| CY2014Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2013Q2 | us-gaap |
Assets
Assets
|
175361000 | USD |
| CY2014Q2 | us-gaap |
Assets Current
AssetsCurrent
|
128742000 | USD |
| CY2014Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1206558 | shares |
| us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1206558 | shares | |
| CY2013Q4 | us-gaap |
Assets Current
AssetsCurrent
|
132041000 | USD |
| CY2014Q2 | us-gaap |
Assets Held For Sale At Carrying Value
AssetsHeldForSaleAtCarryingValue
|
12016000 | USD |
| CY2014Q2 | us-gaap |
Assets Held For Sale Property Plant And Equipment
AssetsHeldForSalePropertyPlantAndEquipment
|
1318000 | USD |
| us-gaap |
Business Exit Costs1
BusinessExitCosts1
|
3231000 | USD | |
| us-gaap |
Business Exit Costs1
BusinessExitCosts1
|
1231000 | USD | |
| CY2013Q2 | us-gaap |
Business Exit Costs1
BusinessExitCosts1
|
1249000 | USD |
| CY2014Q2 | us-gaap |
Business Exit Costs1
BusinessExitCosts1
|
1117000 | USD |
| CY2014Q2 | us-gaap |
Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
|
153000 | USD |
| CY2013Q4 | us-gaap |
Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
|
315000 | USD |
| us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
437000 | USD | |
| CY2014Q2 | us-gaap |
Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
|
350000 | USD |
| CY2013Q4 | us-gaap |
Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
|
9000 | USD |
| CY2014Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
17853000 | USD |
| CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
37378000 | USD |
| CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
38653000 | USD |
| CY2013Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
28307000 | USD |
| CY2013Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2013Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
| CY2014Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
| CY2014Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
| CY2013Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
| CY2013Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
33543000 | shares |
| CY2014Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
33134000 | shares |
| CY2013Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
34000 | USD |
| CY2014Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
34000 | USD |
| us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-19395000 | USD | |
| CY2014Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-3373000 | USD |
| CY2013Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-9408000 | USD |
| us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-6913000 | USD | |
| us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-373000 | USD | |
| us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
237000 | USD | |
| CY2014Q2 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
7556000 | USD |
| CY2013Q4 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
6120000 | USD |
| CY2013Q4 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
7124000 | USD |
| CY2014Q2 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
6487000 | USD |
| CY2013Q2 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
152000 | USD |
| us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
319000 | USD | |
| us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
342000 | USD | |
| CY2014Q2 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
155000 | USD |
| us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
|
0.03 | ||
| us-gaap |
Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
|
0.15 | ||
| us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
3304000 | USD | |
| us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
3002000 | USD | |
| CY2013Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1656000 | USD |
| CY2014Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
104554000 | USD |
| us-gaap |
Cost Of Revenue
CostOfRevenue
|
208885000 | USD | |
| CY2013Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
110856000 | USD |
| us-gaap |
Cost Of Revenue
CostOfRevenue
|
219857000 | USD | |
| us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
-39000 | USD | |
| us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
939000 | USD | |
| CY2014Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1514000 | USD |
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3304000 | USD | |
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3002000 | USD | |
| us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS</font></div><div style="line-height:120%;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In June 2014, the Financial Accounting Standards Board ("FASB")</font><font style="font-family:inherit;font-size:10pt;color:#252525;"> </font><font style="font-family:inherit;font-size:10pt;"> issued Accounting Standards Update ("ASU")No. 2014-12,</font><font style="font-family:inherit;font-size:10pt;font-style:italic;"> Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period</font><font style="font-family:inherit;font-size:10pt;"> ("ASU 2014-12"). ASU 2014-12 requires that a performance target that affects vesting and could be achieved after the requisite service period be treated as a performance condition. A reporting entity should apply existing guidance in Accounting Standards Codification ("ASC") 718,</font><font style="font-family:inherit;font-size:10pt;font-style:italic;"> Compensation</font><font style="font-family:inherit;font-size:10pt;"> -</font><font style="font-family:inherit;font-size:10pt;font-style:italic;"> Stock Compensation</font><font style="font-family:inherit;font-size:10pt;">, as it relates to such awards. ASU 2014-12 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2015 with early adoption permitted using either of two methods: (i) prospective to all awards granted or modified after the effective date or (ii) retrospective to all awards with performance targets that are outstanding as of the beginning of the earliest annual period presented in the financial statements and to all new or modified awards thereafter, with the cumulative effect of applying ASU 2014-12 as an adjustment to the opening retained earnings balance as of the beginning of the earliest annual period presented in the financial statements. Accordingly, the standard is effective for the Company beginning on January 1, 2016. The Company is currently evaluating the impact of adopting ASU 2014-12 on the Company's financial condition, results of operations, and disclosures.</font></div><div style="line-height:120%;padding-top:11px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2014, the FASB</font><font style="font-family:inherit;font-size:10pt;color:#252525;"> issued </font><font style="font-family:inherit;font-size:10pt;">ASU No. 2014-09, “</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers (Topic 606)</font><font style="font-family:inherit;font-size:10pt;">” (“ASU 2014-09”). The standard is a comprehensive new revenue recognition model that requires revenue to be recognized in a manner to depict the transfer of goods or services to a customer at an amount that reflects the consideration expected to be received in exchange for those goods or services. ASU 2014-09 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016, and early adoption is not permitted. Accordingly, the standard is effective for the Company beginning on January 1, 2017. The Company is currently evaluating the impact that the standard will have on the Company's financial condition, results of operations, and disclosures.</font></div><div style="line-height:120%;padding-bottom:13px;padding-top:11px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In April 2014, the FASB</font><font style="font-family:inherit;font-size:10pt;color:#252525;"> issued ASU</font><font style="font-family:inherit;font-size:10pt;"> No. 2014-08, “</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity</font><font style="font-family:inherit;font-size:10pt;">” (“ASU 2014-08”). The standard raises the threshold for a disposal to qualify as a discontinued operation and requires new disclosures of both discontinued operations and certain other disposals that do not meet the definition of a discontinued operation. ASU 2014-08 is effective for fiscal years, and interim periods within those years, beginning on or after December 15, 2014. Accordingly, the standard is effective for the Company beginning on January 1, 2015. Early adoption is permitted, but only for disposals that have not been reported in financial statements previously issued. The Company is currently reviewing the requirements of ASU 2014-08, which will only impact the Company's financial statements upon the occurrence of a future disposal transaction within its scope.</font></div><div style="line-height:120%;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In July 2013, the FASB issued ASU No. 2013-11, “</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Presentation of Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists, an amendment to FASB Accounting Standards Codification Topic 740, Income Taxes" </font><font style="font-family:inherit;font-size:10pt;">("ASU 2013-11"). ASU 2013-11 clarifies that an unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward if such settlement is required or expected in the event the uncertain tax position is disallowed. The Company adopted the ASU 2013-11 prospectively on January 1, 2014. As of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">June 30, 2014</font><font style="font-family:inherit;font-size:10pt;">, the Company reclassified </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$772</font><font style="font-family:inherit;font-size:10pt;"> of its unrecognized tax benefit as a reduction to a deferred tax asset for a net operating loss carryforward in the Condensed Consolidated Balance Sheet. </font></div><div style="line-height:120%;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">There have been no other new accounting pronouncements not yet effective that have significance, or potential significance, to the Company's Condensed Consolidated Financial Statements.</font></div></div> | ||
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.27 | ||
| CY2014Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.13 | |
| CY2013Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.18 | |
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.43 | ||
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.27 | ||
| CY2014Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.13 | |
| CY2013Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.18 | |
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.43 | ||
| us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-1692000 | USD | |
| us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
205000 | USD | |
| us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.118 | ||
| us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
555000 | USD | |
| us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.003 | ||
| CY2013Q4 | us-gaap |
Goodwill
Goodwill
|
2078000 | USD |
| CY2014Q2 | us-gaap |
Goodwill
Goodwill
|
2029000 | USD |
| us-gaap |
Goodwill Translation Adjustments
GoodwillTranslationAdjustments
|
-49000 | USD | |
| us-gaap |
Gross Profit
GrossProfit
|
120341000 | USD | |
| CY2014Q2 | us-gaap |
Gross Profit
GrossProfit
|
62811000 | USD |
| us-gaap |
Gross Profit
GrossProfit
|
117180000 | USD | |
| CY2013Q2 | us-gaap |
Gross Profit
GrossProfit
|
60504000 | USD |
| us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-7979000 | USD | |
| CY2013Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-5673000 | USD |
| us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-14091000 | USD | |
| CY2014Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-3959000 | USD |
| CY2013Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
138000 | USD |
| CY2014Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
415000 | USD |
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
939000 | USD | |
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-39000 | USD | |
| us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
395000 | USD | |
| us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
679000 | USD | |
| us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
3371000 | USD | |
| us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
1393000 | USD | |
| us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
12622000 | USD | |
| us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
670000 | USD | |
| us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
692000 | USD | |
| us-gaap |
Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
|
-1086000 | USD | |
| us-gaap |
Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
|
743000 | USD | |
| CY2014Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
| us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares | |
| CY2013Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
| us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares | |
| us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-300000 | USD | |
| us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-350000 | USD | |
| CY2013Q2 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-155000 | USD |
| CY2014Q2 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-206000 | USD |
| us-gaap |
Interest Paid
InterestPaid
|
123000 | USD | |
| us-gaap |
Interest Paid
InterestPaid
|
202000 | USD | |
| CY2014Q2 | us-gaap |
Liabilities
Liabilities
|
87311000 | USD |
| CY2013Q4 | us-gaap |
Liabilities
Liabilities
|
84444000 | USD |
| us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-192000 | USD | |
| us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
177000 | USD | |
| CY2013Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
158829000 | USD |
| CY2014Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
155920000 | USD |
| CY2013Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
68755000 | USD |
| CY2014Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
70226000 | USD |
| CY2014Q2 | us-gaap |
Liabilities Of Assets Held For Sale
LiabilitiesOfAssetsHeldForSale
|
2785000 | USD |
| CY2013Q4 | us-gaap |
Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
|
3872000 | USD |
| CY2014Q2 | us-gaap |
Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
|
2929000 | USD |
| CY2014Q2 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
163000 | USD |
| CY2013Q4 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
745000 | USD |
| us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">NOTE 2 – DESCRIPTION OF BUSINESS</font></div><div style="line-height:120%;padding-top:12px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company is comprised of the operations, assets and liabilities of the three Hudson regional businesses of Hudson Americas, Hudson Asia Pacific, and Hudson Europe (“Hudson regional businesses” or “Hudson”). The Company provides specialized professional-level recruitment and related talent solutions. The Company’s core service offerings include Permanent Recruitment, Contract Consulting, Recruitment Process Outsourcing (“RPO”), Talent Management Solutions and Legal eDiscovery.</font></div><div style="line-height:120%;padding-top:12px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company operates in </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">20</font><font style="font-family:inherit;font-size:10pt;"> countries with </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">three</font><font style="font-family:inherit;font-size:10pt;"> reportable geographic business segments: Hudson Americas, Hudson Asia Pacific, and Hudson Europe. See Note </font><font style="font-family:inherit;font-size:10pt;color:#000000;font-weight:normal;text-decoration:none;">15</font><font style="font-family:inherit;font-size:10pt;"> for further details regarding the reportable segments. </font></div><div style="line-height:120%;padding-top:12px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Corporate expenses are reported separately from the reportable segments and pertain to certain functions, such as executive management, corporate governance, human resources, accounting, tax, marketing, information technology and treasury. A portion of these expenses are attributed to the reportable segments for providing the above services to them and have been allocated to the segments as management service fees and are included in the segments’ non-operating other income (expense).</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company’s core service offerings include those services described below.</font></div><div style="line-height:120%;padding-top:12px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Permanent Recruitment:</font><font style="font-family:inherit;font-size:10pt;"> Offered on both a retained and contingent basis, Hudson’s Permanent Recruitment services leverage its consultants, psychologists and other professionals in the development and delivery of its proprietary methods to identify, select and engage the best-fit talent for critical client roles.</font></div><div style="line-height:120%;padding-top:12px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Contract Consulting:</font><font style="font-family:inherit;font-size:10pt;"> In Contract Consulting, Hudson provides a range of project management, interim management and professional contract staffing services. These services draw upon a combination of specialized recruiting and project management competencies to deliver a wide range of solutions. Hudson-employed professionals – either individually or as a team – are placed with client organizations for a defined period of time based on a client's specific business need.</font></div><div style="line-height:120%;padding-top:12px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">RPO:</font><font style="font-family:inherit;font-size:10pt;"> Hudson RPO delivers both permanent recruitment and temporary contracting outsourced recruitment solutions tailored to the individual needs of primarily mid-to-large-cap multinational companies. Hudson RPO's delivery teams utilize state-of-the-art recruitment process methodologies and project management expertise in their flexible, turnkey solutions to meet clients' ongoing business needs. Hudson RPO services include complete recruitment outsourcing, project-based outsourcing, contingent workforce solutions and recruitment consulting.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Talent Management Solutions:</font><font style="font-family:inherit;font-size:10pt;"> Featuring embedded proprietary talent assessment and selection methodologies, Hudson’s Talent Management capability encompasses services such as talent assessment (utilizing a variety of competency, attitude and experiential testing), interview training, executive coaching, employee development and outplacement.</font></div><div style="line-height:120%;padding-top:12px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Legal eDiscovery:</font><font style="font-family:inherit;font-size:10pt;"> Hudson's Legal eDiscovery services comprise eDiscovery solutions, managed document review (encompassing logistical deployment, project management, process design and productivity management) and contract attorney staffing and are included within temporary contracting services. The most comprehensive of these is Hudson's full-service eDiscovery solution, providing an integrated system of discovery management and review technology deployment for both corporate and law firm clients.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div> | ||
| us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1295000 | USD | |
| us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-37000 | USD | |
| us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1416000 | USD | |
| us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2746000 | USD | |
| us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-18279000 | USD | |
| us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-7201000 | USD | |
| CY2014Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4374000 | USD |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
-8918000 | USD | |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
-14052000 | USD | |
| CY2013Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5811000 | USD |
| CY2014Q2 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
16902000 | USD |
| CY2013Q2 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
18737000 | USD |
| CY2014Q2 | us-gaap |
Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
|
20 | Country |
| us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | segments | |
| us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-7106000 | USD | |
| us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-13968000 | USD | |
| CY2014Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-3432000 | USD |
| CY2013Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-5424000 | USD |
| us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-324000 | USD | |
| CY2013Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
54722000 | USD |
| CY2014Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
57574000 | USD |
| CY2014Q2 | us-gaap |
Other Assets Held For Sale
OtherAssetsHeldForSale
|
300000 | USD |
| CY2014Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
5791000 | USD |
| CY2013Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
5842000 | USD |
| us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
-25000 | USD | |
| CY2014Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
1001000 | USD |
| us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
2030000 | USD | |
| us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-5387000 | USD | |
| CY2013Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-3626000 | USD |
| CY2014Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
1001000 | USD |
| us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
2005000 | USD | |
| CY2013Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-3597000 | USD |
| us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-5343000 | USD | |
| CY2014Q2 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
0 | USD |
| us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
25000 | USD | |
| us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-44000 | USD | |
| CY2013Q2 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-29000 | USD |
| CY2014Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
6600000 | USD |
| CY2013Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
5697000 | USD |
| CY2014Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-321000 | USD |
| us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-523000 | USD | |
| CY2013Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-94000 | USD |
| CY2014Q2 | us-gaap |
Other Postretirement Benefits Payments
OtherPostretirementBenefitsPayments
|
0 | USD |
| CY2013Q2 | us-gaap |
Other Postretirement Benefits Payments
OtherPostretirementBenefitsPayments
|
0 | USD |
| us-gaap |
Other Postretirement Benefits Payments
OtherPostretirementBenefitsPayments
|
0 | USD | |
| us-gaap |
Other Postretirement Benefits Payments
OtherPostretirementBenefitsPayments
|
651000 | USD | |
| us-gaap |
Payments For Proceeds From Tenant Allowance
PaymentsForProceedsFromTenantAllowance
|
-1415000 | USD | |
| us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
2251000 | USD | |
| us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
122000 | USD | |
| us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
470000 | USD | |
| us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
1416000 | USD | |
| us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
2746000 | USD | |
| CY2013Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
| CY2014Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
| CY2014Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
| CY2013Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
| us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
8887000 | USD | |
| CY2014Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
| CY2013Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
| CY2014Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
| CY2013Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
| CY2013Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
| CY2014Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
| CY2014Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
10381000 | USD |
| CY2013Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
8762000 | USD |
| us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
9550000 | USD | |
| us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
23584000 | USD | |
| CY2014Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
68181000 | USD |
| CY2013Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
63552000 | USD |
| CY2013Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
13822000 | USD |
| CY2014Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
14900000 | USD |
| us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
35000 | USD | |
| us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
78000 | USD | |
| CY2014Q2 | us-gaap |
Receivables Held For Sale Amount
ReceivablesHeldForSaleAmount
|
10398000 | USD |
| us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
230000 | USD | |
| us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
283000 | USD | |
| us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
21884000 | USD | |
| CY2014Q2 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
2054000 | USD |
| CY2013Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
2047000 | USD |
| us-gaap |
Restructuring And Related Cost Number Of Positions Eliminated
RestructuringAndRelatedCostNumberOfPositionsEliminated
|
16 | ||
| CY2013Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
4281000 | USD |
| CY2014Q2 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
3261000 | USD |
| us-gaap |
Restructuring Reserve Accrual Adjustment
RestructuringReserveAccrualAdjustment
|
729000 | USD | |
| CY2013Q4 | us-gaap |
Restructuring Reserve Current
RestructuringReserveCurrent
|
3810000 | USD |
| CY2014Q2 | us-gaap |
Restructuring Reserve Current
RestructuringReserveCurrent
|
2292000 | USD |
| CY2014Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-426340000 | USD |
| CY2013Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-417422000 | USD |
| CY2014Q2 | us-gaap |
Revenues
Revenues
|
167365000 | USD |
| us-gaap |
Revenues
Revenues
|
329226000 | USD | |
| us-gaap |
Revenues
Revenues
|
337037000 | USD | |
| CY2013Q2 | us-gaap |
Revenues
Revenues
|
171360000 | USD |
| us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
329226000 | USD | |
| CY2014Q2 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
167365000 | USD |
| CY2013Q2 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
171360000 | USD |
| us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
337037000 | USD | |
| hson |
Cash And Noncash Pension And Other Postretirement Contributions
CashAndNoncashPensionAndOtherPostretirementContributions
|
430000 | USD | |
| hson |
Defined Contribution Plan Employer Discretionary Non Cash Contribution Made For Employer Matching Liability
DefinedContributionPlanEmployerDiscretionaryNonCashContributionMadeForEmployerMatchingLiability
|
430000 | USD | |
| CY2014Q2 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
127000 | shares |
| CY2013Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
63023000 | USD |
| us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
124613000 | USD | |
| CY2014Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
63612000 | USD |
| us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
123214000 | USD | |
| us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1532000 | USD | |
| us-gaap |
Share Based Compensation
ShareBasedCompensation
|
829000 | USD | |
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P5Y | ||
| CY2014Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
|
2608643 | shares |
| CY2014Q2 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
2183000 | USD |
| CY2013Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
476000 | USD |
| CY2014Q2 | us-gaap |
Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Of Change Lower Bound
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleEstimatedRangeOfChangeLowerBound
|
500000 | USD |
| CY2014Q2 | us-gaap |
Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Of Change Upper Bound
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleEstimatedRangeOfChangeUpperBound
|
750000 | USD |
| CY2014Q2 | us-gaap |
Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
|
118000 | shares |
| us-gaap |
Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
|
0 | shares | |
| CY2013Q2 | us-gaap |
Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
|
0 | shares |
| us-gaap |
Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
|
118000 | shares | |
| us-gaap |
Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
|
-430000 | USD | |
| us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
829000 | USD | |
| CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
74385000 | USD |
| CY2014Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
68609000 | USD |
| CY2013Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
88208000 | USD |
| CY2013Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
211000 | shares |
| CY2014Q2 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
456000 | USD |
| CY2013Q2 | hson |
Defined Contribution Plan Employer Discretionary Non Cash Contribution Made For Employer Matching Liability
DefinedContributionPlanEmployerDiscretionaryNonCashContributionMadeForEmployerMatchingLiability
|
0 | USD |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
32697000 | shares | |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
32532000 | shares | |
| CY2014Q2 | hson |
Defined Contribution Plan Employer Discretionary Non Cash Contribution Made For Employer Matching Liability
DefinedContributionPlanEmployerDiscretionaryNonCashContributionMadeForEmployerMatchingLiability
|
430000 | USD |
| CY2014Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
2929000 | USD |
| CY2013Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
3872000 | USD |
| hson |
Defined Contribution Plan Employer Discretionary Non Cash Contribution Made For Employer Matching Liability
DefinedContributionPlanEmployerDiscretionaryNonCashContributionMadeForEmployerMatchingLiability
|
0 | USD | |
| CY2014Q2 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
|
775000 | USD |
| CY2013Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
|
786000 | USD |
| us-gaap |
Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
|
34000 | USD | |
| us-gaap |
Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
|
58000 | USD | |
| CY2013Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
861000 | USD |
| CY2013Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
32717000 | shares |
| CY2014Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
32752000 | shares |
| CY2014Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
32752000 | shares |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
32697000 | shares | |
| CY2013Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
32717000 | shares |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
32532000 | shares | |
| hson |
Approvalof Restructuringand Related Costs
ApprovalofRestructuringandRelatedCosts
|
7000000 | USD | |
| CY2013Q2 | hson |
Cash And Noncash Pension And Other Postretirement Contributions
CashAndNoncashPensionAndOtherPostretirementContributions
|
0 | USD |
| hson |
Cash And Noncash Pension And Other Postretirement Contributions
CashAndNoncashPensionAndOtherPostretirementContributions
|
651000 | USD | |
| CY2014Q2 | hson |
Cash And Noncash Pension And Other Postretirement Contributions
CashAndNoncashPensionAndOtherPostretirementContributions
|
430000 | USD |
| CY2014Q2 | hson |
Ebitda Gain Loss
EbitdaGainLoss
|
-2239000 | USD |
| hson |
Ebitda Gain Loss
EbitdaGainLoss
|
-4627000 | USD | |
| CY2013Q2 | hson |
Ebitda Gain Loss
EbitdaGainLoss
|
-3862000 | USD |
| hson |
Ebitda Gain Loss
EbitdaGainLoss
|
-10487000 | USD | |
| hson |
Gross Margin From External Customer
GrossMarginFromExternalCustomer
|
120341000 | USD | |
| CY2014Q2 | hson |
Gross Margin From External Customer
GrossMarginFromExternalCustomer
|
62811000 | USD |
| hson |
Gross Margin From External Customer
GrossMarginFromExternalCustomer
|
117180000 | USD | |
| CY2013Q2 | hson |
Gross Margin From External Customer
GrossMarginFromExternalCustomer
|
60504000 | USD |
| CY2014Q2 | hson |
Market Priceof Stock Issued During Period Per Share Employee Benefit Plan
MarketPriceofStockIssuedDuringPeriodPerShareEmployeeBenefitPlan
|
3.65 | |
| hson |
Market Priceof Stock Issued During Period Per Share Employee Benefit Plan
MarketPriceofStockIssuedDuringPeriodPerShareEmployeeBenefitPlan
|
3.65 | ||
| CY2013Q2 | hson |
Market Priceof Stock Issued During Period Per Share Employee Benefit Plan
MarketPriceofStockIssuedDuringPeriodPerShareEmployeeBenefitPlan
|
0.00 | |
| hson |
Market Priceof Stock Issued During Period Per Share Employee Benefit Plan
MarketPriceofStockIssuedDuringPeriodPerShareEmployeeBenefitPlan
|
0.00 | ||
| hson |
Segment Reporting Information Intersegment Interest Income Expense Net
SegmentReportingInformationIntersegmentInterestIncomeExpenseNet
|
0 | USD | |
| hson |
Segment Reporting Information Intersegment Interest Income Expense Net
SegmentReportingInformationIntersegmentInterestIncomeExpenseNet
|
0 | USD | |
| CY2014Q2 | hson |
Segment Reporting Information Intersegment Interest Income Expense Net
SegmentReportingInformationIntersegmentInterestIncomeExpenseNet
|
0 | USD |
| hson |
Segment Reporting Information Intersegment Gross Margin
SegmentReportingInformationIntersegmentGrossMargin
|
0 | USD | |
| CY2013Q2 | hson |
Segment Reporting Information Intersegment Gross Margin
SegmentReportingInformationIntersegmentGrossMargin
|
0 | USD |
| dei |
Document Period End Date
DocumentPeriodEndDate
|
2014-06-30 | ||
| dei |
Document Type
DocumentType
|
10-Q | ||
| CY2013Q4 | hson |
Property Plant And Equipment Capital Expenditures Not Yet Placed In Service
PropertyPlantAndEquipmentCapitalExpendituresNotYetPlacedInService
|
595000 | USD |
| CY2014Q2 | hson |
Property Plant And Equipment Capital Expenditures Not Yet Placed In Service
PropertyPlantAndEquipmentCapitalExpendituresNotYetPlacedInService
|
1871000 | USD |
| hson |
Provision For Restructuring Costs
ProvisionForRestructuringCosts
|
502000 | USD | |
| CY2014Q2 | hson |
Reclassificationofunrecognizedtaxbenefitsforadoptionof Asu201311
ReclassificationofunrecognizedtaxbenefitsforadoptionofASU201311
|
772000 | USD |
| hson |
Segment Reporting Information Intersegment Gross Margin
SegmentReportingInformationIntersegmentGrossMargin
|
0 | USD | |
| CY2014Q2 | hson |
Segment Reporting Information Intersegment Gross Margin
SegmentReportingInformationIntersegmentGrossMargin
|
0 | USD |
| CY2013Q2 | hson |
Segment Reporting Information Intersegment Interest Income Expense Net
SegmentReportingInformationIntersegmentInterestIncomeExpenseNet
|
0 | USD |
| CY2014Q2 | hson |
Segment Reporting Information Revenue Intersegment
SegmentReportingInformationRevenueIntersegment
|
0 | USD |
| hson |
Segment Reporting Information Revenue Intersegment
SegmentReportingInformationRevenueIntersegment
|
0 | USD | |
| hson |
Segment Reporting Information Revenue Intersegment
SegmentReportingInformationRevenueIntersegment
|
0 | USD | |
| CY2013Q2 | hson |
Segment Reporting Information Revenue Intersegment
SegmentReportingInformationRevenueIntersegment
|
0 | USD |
| dei |
Amendment Flag
AmendmentFlag
|
false | ||
| dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
| dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
| dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2014 | ||
| dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001210708 | ||
| CY2014Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
33007345 | shares |
| dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | ||
| dei |
Entity Registrant Name
EntityRegistrantName
|
Hudson Global, Inc. |
