2023 Q1 Form 10-K Financial Statement

#000093042023000030 Filed on February 24, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $406.0M $419.7M $1.711B
YoY Change -2.63% 2.27% 8.28%
Cost Of Revenue $292.0M $300.2M $1.210B
YoY Change -0.36% 3.38% 7.71%
Gross Profit $114.0M $119.5M $501.1M
YoY Change -8.0% -0.42% 9.68%
Gross Profit Margin 28.07% 28.47% 29.29%
Selling, General & Admin $89.34M $94.31M $379.8M
YoY Change -6.01% 0.22% 9.86%
% of Gross Profit 78.38% 78.94% 75.8%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.234M $1.213M $4.427M
YoY Change 12.9% 12.31% -1.62%
% of Gross Profit 1.08% 1.02% 0.88%
Operating Expenses $91.62M $95.53M $398.7M
YoY Change -6.11% 0.36% 11.48%
Operating Profit $23.40M $23.95M $116.9M
YoY Change -15.65% -3.43% 9.59%
Interest Expense -$296.0K $15.00K -$973.0K
YoY Change -51.32% -101.97% -68.34%
% of Operating Profit -1.26% 0.06% -0.83%
Other Income/Expense, Net -$1.045M -$14.77M -$14.42M
YoY Change -27.08% 1818.31% 95.54%
Pretax Income $22.36M $9.197M $102.4M
YoY Change -15.02% -60.48% 3.2%
Income Tax $6.148M $2.125M $27.01M
% Of Pretax Income 27.5% 23.11% 26.37%
Net Earnings $16.21M $7.072M $75.43M
YoY Change -15.49% -65.6% 0.34%
Net Earnings / Revenue 3.99% 1.69% 4.41%
Basic Earnings Per Share $0.83 $3.76
Diluted Earnings Per Share $0.82 $0.35 $3.68
COMMON SHARES
Basic Shares Outstanding 20.32M shares 20.75M shares 20.05M shares
Diluted Shares Outstanding 19.67M shares 20.50M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $171.0K $121.0K $121.0K
YoY Change -99.85% -99.88% -99.88%
Cash & Equivalents $171.0K $121.0K $121.0K
Short-Term Investments
Other Short-Term Assets $8.213M $8.108M $8.108M
YoY Change 9.22% 19.41% 19.41%
Inventory
Prepaid Expenses
Receivables $266.5M $269.5M $269.5M
Other Receivables $0.00 $35.00K $35.00K
Total Short-Term Assets $274.9M $277.8M $277.8M
YoY Change -32.2% -25.36% -25.36%
LONG-TERM ASSETS
Property, Plant & Equipment $10.04M $8.647M $25.75M
YoY Change 52.38% 44.99% 20.55%
Goodwill $25.04M $25.04M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $34.32M $0.00 $31.98M
YoY Change 105.74% -100.0% -45.45%
Other Assets $71.68M $75.77M $10.51M
YoY Change -22.43% -18.2% -9.52%
Total Long-Term Assets $110.2M $114.2M $114.2M
YoY Change -11.12% -12.98% -12.98%
TOTAL ASSETS
Total Short-Term Assets $274.9M $277.8M $277.8M
Total Long-Term Assets $110.2M $114.2M $114.2M
Total Assets $385.2M $392.0M $392.0M
YoY Change -27.26% -22.13% -22.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $47.97M $49.60M $49.60M
YoY Change -1.82% 23.26% 23.26%
Accrued Expenses $21.65M $23.19M $76.14M
YoY Change -47.8% -43.66% -35.98%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $125.8M $131.4M $131.4M
YoY Change -31.35% -18.08% -18.08%
LONG-TERM LIABILITIES
Long-Term Debt $22.30M $25.60M $25.60M
YoY Change -77.7% -74.4% -74.4%
Other Long-Term Liabilities $51.37M $52.77M $52.77M
YoY Change 8.32% -3.28% -3.28%
Total Long-Term Liabilities $51.37M $52.77M $78.37M
YoY Change 8.32% -3.28% -49.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $125.8M $131.4M $131.4M
Total Long-Term Liabilities $51.37M $52.77M $78.37M
Total Liabilities $199.4M $209.8M $209.8M
YoY Change -39.8% -33.39% -33.39%
SHAREHOLDERS EQUITY
Retained Earnings $501.6M $492.8M
YoY Change 10.16% 11.33%
Common Stock $732.0K $732.0K
YoY Change 0.27% 0.27%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $185.7M $182.2M $182.2M
YoY Change
Total Liabilities & Shareholders Equity $385.2M $392.0M $392.0M
YoY Change -27.26% -22.13% -22.13%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income $16.21M $7.072M $75.43M
YoY Change -15.49% -65.6% 0.34%
Depreciation, Depletion And Amortization $1.234M $1.213M $4.427M
YoY Change 12.9% 12.31% -1.62%
Cash From Operating Activities $19.06M $12.74M $90.81M
YoY Change -50.81% -1.64% 24.56%
INVESTING ACTIVITIES
Capital Expenditures $1.872M $3.453M $8.109M
YoY Change -15.71% -344.03% 25.9%
Acquisitions
YoY Change
Other Investing Activities $4.309M -$1.173M -$6.173M
YoY Change -961.8% -41.35% -141.87%
Cash From Investing Activities $2.437M -$4.626M -$14.28M
YoY Change -189.56% 35.46% -272.05%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $74.91M
YoY Change 13.14%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$21.44M -13.08M -$173.4M
YoY Change 30.89% -53.57% 97.72%
NET CHANGE
Cash From Operating Activities $19.06M 12.74M $90.81M
Cash From Investing Activities $2.437M -4.626M -$14.28M
Cash From Financing Activities -$21.44M -13.08M -$173.4M
Net Change In Cash $50.00K -4.968M -$96.87M
YoY Change -99.75% -73.35% 1390.97%
FREE CASH FLOW
Cash From Operating Activities $19.06M $12.74M $90.81M
Capital Expenditures $1.872M $3.453M $8.109M
Free Cash Flow $17.18M $9.289M $82.70M
YoY Change -52.95% -35.36% 24.44%

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CY2022Q4 us-gaap Liabilities And Stockholders Equity
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CY2021Q4 us-gaap Liabilities And Stockholders Equity
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CY2019Q4 us-gaap Stockholders Equity
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CY2020 us-gaap Net Income Loss
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CY2020 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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11595000 usd
CY2020 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
549000 usd
CY2020 us-gaap Common Stock Dividends Per Share Declared
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CY2020 us-gaap Dividends Common Stock
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CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
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CY2020 us-gaap Treasury Stock Value Acquired Cost Method
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35613000 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
179935000 usd
CY2021 us-gaap Net Income Loss
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75177000 usd
CY2021 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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13999000 usd
CY2021 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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762000 usd
CY2021 us-gaap Common Stock Dividends Per Share Declared
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0.98
CY2021 us-gaap Dividends Common Stock
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CY2021 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
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CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
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1941000 usd
CY2021 us-gaap Treasury Stock Value Acquired Cost Method
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66391000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
188406000 usd
CY2022 us-gaap Net Income Loss
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75431000 usd
CY2022 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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17655000 usd
CY2022 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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1054000 usd
CY2022 us-gaap Common Stock Dividends Per Share Declared
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1.20
CY2022 us-gaap Dividends Common Stock
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CY2022 us-gaap Treasury Stock Value Acquired Cost Method
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75706000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
182198000 usd
CY2022 us-gaap Net Income Loss
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75431000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
75177000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
56039000 usd
CY2022 kfrc Reserve Related To Note Receivable
ReserveRelatedToNoteReceivable
1925000 usd
CY2021 kfrc Reserve Related To Note Receivable
ReserveRelatedToNoteReceivable
0 usd
CY2020 kfrc Reserve Related To Note Receivable
ReserveRelatedToNoteReceivable
0 usd
CY2022 kfrc Impairment Of Equity Method Investment
ImpairmentOfEquityMethodInvestment
13684000 usd
CY2021 kfrc Impairment Of Equity Method Investment
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0 usd
CY2020 kfrc Impairment Of Equity Method Investment
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CY2022 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
3081000 usd
CY2021 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
2425000 usd
CY2020 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
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CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
11000 usd
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2130000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4427000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4500000 usd
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5255000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
17655000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
13999000 usd
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
11595000 usd
CY2022 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
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CY2021 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
1929000 usd
CY2020 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
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CY2022 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
5683000 usd
CY2021 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
5509000 usd
CY2020 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
5499000 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2022 us-gaap Pension Expense
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CY2021 us-gaap Pension Expense
PensionExpense
2157000 usd
CY2020 us-gaap Pension Expense
PensionExpense
842000 usd
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
50000 usd
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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CY2020 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
4049000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
36960000 usd
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
12863000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
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9199000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
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9779000 usd
CY2020 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
4485000 usd
CY2022 us-gaap Increase Decrease In Accrued Salaries
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-22003000 usd
CY2021 us-gaap Increase Decrease In Accrued Salaries
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6337000 usd
CY2020 us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
22397000 usd
CY2022 us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
-19965000 usd
CY2021 us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
0 usd
CY2020 us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
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CY2022 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
20296000 usd
CY2021 us-gaap Increase Decrease In Other Noncurrent Liabilities
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7935000 usd
CY2020 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
20489000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
90805000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
72898000 usd
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
109159000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8109000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6441000 usd
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6475000 usd
CY2022 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
500000 usd
CY2021 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
9000000 usd
CY2020 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
4000000 usd
CY2022 kfrc Receivable Issued To Joint Venture
ReceivableIssuedToJointVenture
6750000 usd
CY2021 kfrc Receivable Issued To Joint Venture
ReceivableIssuedToJointVenture
0 usd
CY2020 kfrc Receivable Issued To Joint Venture
ReceivableIssuedToJointVenture
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CY2022 us-gaap Proceeds From Life Insurance Policies
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1077000 usd
CY2021 us-gaap Proceeds From Life Insurance Policies
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0 usd
CY2020 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
0 usd
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ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
0 usd
CY2021 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
23742000 usd
CY2020 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
3548000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
8301000 usd
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
38200000 usd
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
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CY2020 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
35000000 usd
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
112600000 usd
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 usd
CY2020 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
74913000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
66210000 usd
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
35613000 usd
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
24027000 usd
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
20120000 usd
CY2020 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
16787000 usd
CY2022 us-gaap Repayments Of Debt And Capital Lease Obligations
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51000 usd
CY2021 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
1366000 usd
CY2020 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
1177000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-6497000 usd
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
83655000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
96989000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
103486000 usd
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19831000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
121000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
96989000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
103486000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
16579000 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
24277000 usd
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
21737000 usd
CY2022 us-gaap Operating Lease Payments
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6992000 usd
CY2021 us-gaap Operating Lease Payments
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7468000 usd
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CY2022 us-gaap Interest Paid Net
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885000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
2453000 usd
CY2020 us-gaap Interest Paid Net
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2574000 usd
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9997000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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5098000 usd
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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5695000 usd
CY2022 kfrc Stock Repurchases Incurred But Not Yet Paid
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974000 usd
CY2021 kfrc Stock Repurchases Incurred But Not Yet Paid
StockRepurchasesIncurredButNotYetPaid
181000 usd
CY2020 kfrc Stock Repurchases Incurred But Not Yet Paid
StockRepurchasesIncurredButNotYetPaid
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CY2022 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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1054000 usd
CY2021 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
762000 usd
CY2020 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
549000 usd
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<div style="margin-top:5pt"><span style="color:#004b8d;font-family:'Open Sans Light',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:5pt"><span style="color:#000000;font-family:'Open Sans Light',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The most critical of these estimates and assumptions relate to the following: allowance for credit losses; income taxes; self-insured liabilities for workers’ compensation and health insurance; obligations for the pension plan; and the impairment of goodwill, other long-lived assets and the equity method investment. Although these and other estimates and assumptions are based on the best available information, actual results could be materially different from these estimates.</span></div>
CY2022 kfrc Revenue From Contract With Customers Contingency Period
RevenueFromContractWithCustomersContingencyPeriod
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CY2022 kfrc Revenue From Contract With Customer Required Payment Period
RevenueFromContractWithCustomerRequiredPaymentPeriod
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CY2022 kfrc Revenue From Contract With Customer Required Payment Period
RevenueFromContractWithCustomerRequiredPaymentPeriod
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CY2021Q4 us-gaap Contract With Customer Asset Net
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CY2022Q4 us-gaap Contract With Customer Asset Net
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CY2021Q4 us-gaap Contract With Customer Liability
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CY2022Q4 us-gaap Contract With Customer Liability
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CY2022 kfrc Accounts Receivable Reserves As Percentage Of Gross Accounts Receivable
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0.01
CY2021 kfrc Accounts Receivable Reserves As Percentage Of Gross Accounts Receivable
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CY2022 us-gaap Payments To Acquire Interest In Joint Venture
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CY2021Q4 us-gaap Equity Method Investments
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CY2022Q4 us-gaap Notes And Loans Receivable Gross Noncurrent
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4800000 usd
CY2022 us-gaap Capitalized Computer Software Amortization1
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1800000 usd
CY2021 us-gaap Capitalized Computer Software Amortization1
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1700000 usd
CY2020 us-gaap Capitalized Computer Software Amortization1
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CY2022 kfrc Health Insurance Stop Loss Maximum Per Claim
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600000 usd
CY2022 kfrc Health Insurance Stop Loss Maximum Per Claim
HealthInsuranceStopLossMaximumPerClaim
600000 usd
CY2022 kfrc Health Insurance Aggregate Risk Of Loss Liability Amount In Excess Of The Stop Loss Maximum
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200000 usd
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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449000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
633000 shares
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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292000 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
249000 shares
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1710765000 usd
CY2022 us-gaap Gross Profit
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102442000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2021 us-gaap Gross Profit
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CY2021 us-gaap Operating Expenses
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1397700000 usd
CY2020 us-gaap Gross Profit
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CY2020 us-gaap Operating Expenses
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CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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75212000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1710765000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2021 us-gaap Provision For Doubtful Accounts
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CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
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CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2022 us-gaap Provision For Doubtful Accounts
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CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
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597000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
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1006000 usd
CY2021Q4 kfrc Accounts Receivable Allowance For Credit Loss Allowance Unrelated To Trade Receivables
AccountsReceivableAllowanceForCreditLossAllowanceUnrelatedToTradeReceivables
600000 usd
CY2022Q4 kfrc Accounts Receivable Allowance For Credit Loss Allowance Unrelated To Trade Receivables
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600000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
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20345000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
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17977000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
11698000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
12013000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
8647000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5964000 usd
CY2022 us-gaap Depreciation
Depreciation
2700000 usd
CY2021 us-gaap Depreciation
Depreciation
2800000 usd
CY2020 us-gaap Depreciation
Depreciation
4100000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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