2024 Q1 Form 10-K Financial Statement

#000093042024000019 Filed on February 23, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $351.9M $363.4M $1.532B
YoY Change -13.33% -13.4% -10.46%
Cost Of Revenue $256.6M $264.1M $1.105B
YoY Change -12.12% -12.03% -8.68%
Gross Profit $95.25M $99.36M $427.1M
YoY Change -16.43% -16.84% -14.78%
Gross Profit Margin 27.07% 27.34% 27.88%
Selling, General & Admin $78.19M $76.38M $334.9M
YoY Change -12.48% -19.02% -11.82%
% of Gross Profit 82.09% 76.86% 78.43%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.333M $1.236M $5.012M
YoY Change 8.02% 1.9% 13.21%
% of Gross Profit 1.4% 1.24% 1.17%
Operating Expenses $80.18M $77.61M $339.9M
YoY Change -12.49% -18.75% -14.73%
Operating Profit $15.73M $21.75M $87.12M
YoY Change -32.8% -9.19% -25.45%
Interest Expense -$655.0K $417.0K -$1.872M
YoY Change 121.28% 2680.0% 92.39%
% of Operating Profit -4.16% 1.92% -2.15%
Other Income/Expense, Net -$656.0K -$332.0K -$1.871M
YoY Change -37.22% -97.75% -87.03%
Pretax Income $15.07M $21.42M $85.25M
YoY Change -32.59% 132.9% -16.78%
Income Tax $4.084M $5.704M $24.18M
% Of Pretax Income 27.1% 26.63% 28.36%
Net Earnings $10.99M $15.72M $61.08M
YoY Change -32.22% 122.23% -19.03%
Net Earnings / Revenue 3.12% 4.32% 3.99%
Basic Earnings Per Share $0.59 $3.18
Diluted Earnings Per Share $0.58 $0.82 $3.13
COMMON SHARES
Basic Shares Outstanding 19.52M shares 19.76M shares 19.19M shares
Diluted Shares Outstanding 18.93M shares 19.51M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $106.0K $119.0K $119.0K
YoY Change -38.01% -1.65% -1.65%
Cash & Equivalents $106.0K $119.0K $119.0K
Short-Term Investments
Other Short-Term Assets $9.146M $10.91M $10.91M
YoY Change 11.36% 34.58% 34.58%
Inventory
Prepaid Expenses
Receivables $236.9M $233.4M $233.4M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $246.2M $244.5M $244.5M
YoY Change -10.45% -11.99% -11.99%
LONG-TERM ASSETS
Property, Plant & Equipment $8.936M $9.418M $9.418M
YoY Change -10.96% 8.92% -63.42%
Goodwill $25.04M $25.04M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $44.03M $40.39M $40.39M
YoY Change 28.27% 26.31%
Other Assets $82.80M $79.06M $79.06M
YoY Change 15.51% 4.34% 652.61%
Total Long-Term Assets $120.2M $113.5M $113.5M
YoY Change 8.99% -0.63% -0.63%
TOTAL ASSETS
Total Short-Term Assets $246.2M $244.5M $244.5M
Total Long-Term Assets $120.2M $113.5M $113.5M
Total Assets $366.3M $358.0M $358.0M
YoY Change -4.89% -8.68% -8.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $43.20M $64.80M $64.80M
YoY Change -9.93% 30.64% 30.64%
Accrued Expenses $5.691M $37.56M $37.56M
YoY Change -73.71% 61.94% -50.67%
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 $106.1M $103.0M $103.0M
YoY Change -15.63% -21.65% -21.65%
LONG-TERM LIABILITIES
Long-Term Debt $40.80M $41.60M $41.60M
YoY Change 82.96% 62.5% 62.5%
Other Long-Term Liabilities $54.92M $54.32M $54.32M
YoY Change 6.92% 2.94% 2.94%
Total Long-Term Liabilities $54.92M $95.92M $95.92M
YoY Change 6.92% 81.77% 22.39%
TOTAL LIABILITIES
Total Short-Term Liabilities $106.1M $103.0M $103.0M
Total Long-Term Liabilities $54.92M $95.92M $95.92M
Total Liabilities $201.8M $198.9M $198.9M
YoY Change 1.2% -5.2% -5.2%
SHAREHOLDERS EQUITY
Retained Earnings $528.8M $525.2M
YoY Change 5.42% 6.59%
Common Stock $735.0K $734.0K
YoY Change 0.41% 0.27%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $164.5M $159.1M $159.1M
YoY Change
Total Liabilities & Shareholders Equity $366.3M $358.0M $358.0M
YoY Change -4.89% -8.68% -8.68%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $10.99M $15.72M $61.08M
YoY Change -32.22% 122.23% -19.03%
Depreciation, Depletion And Amortization $1.333M $1.236M $5.012M
YoY Change 8.02% 1.9% 13.21%
Cash From Operating Activities $13.17M $22.37M $91.47M
YoY Change -30.89% 75.52% 0.73%
INVESTING ACTIVITIES
Capital Expenditures $1.875M $1.663M $7.763M
YoY Change 0.16% -51.84% -4.27%
Acquisitions
YoY Change
Other Investing Activities -$529.0K -$599.0K $2.901M
YoY Change -112.28% -48.93% -146.99%
Cash From Investing Activities -$2.404M -$2.362M -$4.862M
YoY Change -198.65% -48.94% -65.96%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$10.78M -20.11M -$86.61M
YoY Change -49.74% 53.66% -50.05%
NET CHANGE
Cash From Operating Activities $13.17M 22.37M $91.47M
Cash From Investing Activities -$2.404M -2.362M -$4.862M
Cash From Financing Activities -$10.78M -20.11M -$86.61M
Net Change In Cash -$13.00K -102.0K -$2.000K
YoY Change -126.0% -97.95% -100.0%
FREE CASH FLOW
Cash From Operating Activities $13.17M $22.37M $91.47M
Capital Expenditures $1.875M $1.663M $7.763M
Free Cash Flow $11.29M $20.70M $83.70M
YoY Change -34.28% 122.87% 1.22%

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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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CY2021Q4 us-gaap Stockholders Equity
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CY2022 us-gaap Net Income Loss
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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
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CY2023 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
17747000 usd
CY2023 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1042000 usd
CY2023 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.44
CY2023 us-gaap Dividends Common Stock
DividendsCommonStock
27562000 usd
CY2023 us-gaap Treasury Stock Value Acquired Cost Method
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CY2023 us-gaap Stockholders Equity Other
StockholdersEquityOther
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CY2023Q4 us-gaap Stockholders Equity
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CY2023 us-gaap Net Income Loss
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CY2022 us-gaap Net Income Loss
NetIncomeLoss
75431000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
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CY2023 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
1647000 usd
CY2022 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
3081000 usd
CY2021 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
2425000 usd
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
768000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
11000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5012000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4427000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4500000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
17747000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
17655000 usd
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
CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-750000 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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CY2023 us-gaap Pension Expense
PensionExpense
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CY2022 us-gaap Pension Expense
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CY2021 us-gaap Pension Expense
PensionExpense
2157000 usd
CY2023 kfrc Reserve Related To Note Receivable
ReserveRelatedToNoteReceivable
0 usd
CY2022 kfrc Reserve Related To Note Receivable
ReserveRelatedToNoteReceivable
1925000 usd
CY2021 kfrc Reserve Related To Note Receivable
ReserveRelatedToNoteReceivable
0 usd
CY2023 kfrc Impairment Of Equity Method Investment
ImpairmentOfEquityMethodInvestment
0 usd
CY2022 kfrc Impairment Of Equity Method Investment
ImpairmentOfEquityMethodInvestment
13684000 usd
CY2021 kfrc Impairment Of Equity Method Investment
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CY2023 us-gaap Other Noncash Income Expense
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CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
893000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-35301000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
4049000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
36960000 usd
CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1304000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
9199000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
9779000 usd
CY2023 us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
-13358000 usd
CY2022 us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
-22003000 usd
CY2021 us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
6337000 usd
CY2023 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
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CY2022 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
20296000 usd
CY2023 us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
0 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
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CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2022 us-gaap Net Cash Provided By Used In Operating Activities
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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72898000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7763000 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
CY2021 us-gaap Proceeds From Divestiture Of Interest In Joint Venture
ProceedsFromDivestitureOfInterestInJointVenture
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CY2023 us-gaap Payments For Proceeds From Life Insurance Policies
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1408000 usd
CY2022 us-gaap Payments For Proceeds From Life Insurance Policies
PaymentsForProceedsFromLifeInsurancePolicies
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CY2021 us-gaap Payments For Proceeds From Life Insurance Policies
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CY2023 kfrc Receivable Issued To Joint Venture
ReceivableIssuedToJointVenture
750000 usd
CY2022 kfrc Receivable Issued To Joint Venture
ReceivableIssuedToJointVenture
6750000 usd
CY2021 kfrc Receivable Issued To Joint Venture
ReceivableIssuedToJointVenture
0 usd
CY2023 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 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
CY2023 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
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CY2022 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
0 usd
CY2021 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
23742000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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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
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CY2023 us-gaap Proceeds From Lines Of Credit
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594400000 usd
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
38200000 usd
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
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CY2023 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
578400000 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
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
24027000 usd
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
20120000 usd
CY2023 us-gaap Repayments Of Debt And Capital Lease Obligations
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CY2022 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
51000 usd
CY2021 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
1366000 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
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
119000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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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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CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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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
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
121000 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
CY2023 us-gaap Income Taxes Paid
IncomeTaxesPaid
28616000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
16579000 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
24277000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
5232000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
6992000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
7468000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
897000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
885000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
2453000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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4378000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
9997000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5098000 usd
CY2023 kfrc Stock Repurchases Incurred But Not Yet Paid
StockRepurchasesIncurredButNotYetPaid
920000 usd
CY2022 kfrc Stock Repurchases Incurred But Not Yet Paid
StockRepurchasesIncurredButNotYetPaid
974000 usd
CY2021 kfrc Stock Repurchases Incurred But Not Yet Paid
StockRepurchasesIncurredButNotYetPaid
181000 usd
CY2023 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1042000 usd
CY2022 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1054000 usd
CY2021 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
762000 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<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 health insurance; 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>
CY2023 kfrc Revenue From Contract With Customers Contingency Period
RevenueFromContractWithCustomersContingencyPeriod
P90D
CY2023 kfrc Revenue From Contract With Customer Required Payment Period
RevenueFromContractWithCustomerRequiredPaymentPeriod
P90D
CY2023 kfrc Revenue From Contract With Customer Required Payment Period
RevenueFromContractWithCustomerRequiredPaymentPeriod
P90D
CY2022Q4 us-gaap Contract With Customer Asset Net
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CY2023Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0 usd
CY2022Q4 us-gaap Contract With Customer Liability
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CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
0 usd
CY2022 kfrc Accounts Receivable Reserves As Percentage Of Gross Accounts Receivable
AccountsReceivableReservesAsPercentageOfGrossAccountsReceivable
0.01
CY2023 kfrc Accounts Receivable Reserves As Percentage Of Gross Accounts Receivable
AccountsReceivableReservesAsPercentageOfGrossAccountsReceivable
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CY2021 us-gaap Capitalized Computer Software Amortization1
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1700000 usd
CY2022 us-gaap Payments To Acquire Interest In Joint Venture
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6800000 usd
CY2022Q4 us-gaap Notes And Loans Receivable Gross Noncurrent
NotesAndLoansReceivableGrossNoncurrent
4800000 usd
CY2023 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
1900000 usd
CY2022 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
1800000 usd
CY2023 kfrc Health Insurance Stop Loss Maximum Per Claim
HealthInsuranceStopLossMaximumPerClaim
600000 usd
CY2023 kfrc Health Insurance Stop Loss Maximum Per Claim
HealthInsuranceStopLossMaximumPerClaim
600000 usd
CY2023 kfrc Health Insurance Aggregate Risk Of Loss Liability Amount In Excess Of The Stop Loss Maximum
HealthInsuranceAggregateRiskOfLossLiabilityAmountInExcessOfTheStopLossMaximum
280000 usd
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
319000 shares
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
449000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
633000 shares
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
157000 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
292000 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9000 shares
CY2022Q3 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.01
CY2022Q3 kfrc Effective Income Tax Rate Reconciliation Excise Tax Percent Of Fmv Of Shares Repurchased
EffectiveIncomeTaxRateReconciliationExciseTaxPercentOfFMVOfSharesRepurchased
0.01
CY2023 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
400000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1531756000 usd
CY2023 us-gaap Gross Profit
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427066000 usd
CY2023 us-gaap Operating Expenses
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341816000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
85250000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1710765000 usd
CY2022 us-gaap Gross Profit
GrossProfit
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CY2022 us-gaap Operating Expenses
OperatingExpenses
398665000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
102442000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1579922000 usd
CY2021 us-gaap Gross Profit
GrossProfit
456864000 usd
CY2021 us-gaap Operating Expenses
OperatingExpenses
357597000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
99267000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1579922000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1729000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
597000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1006000 usd
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
768000 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
668000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1106000 usd
CY2023Q4 kfrc Accounts Receivable Allowance For Credit Loss Allowance Unrelated To Trade Receivables
AccountsReceivableAllowanceForCreditLossAllowanceUnrelatedToTradeReceivables
500000 usd
CY2022Q4 kfrc Accounts Receivable Allowance For Credit Loss Allowance Unrelated To Trade Receivables
AccountsReceivableAllowanceForCreditLossAllowanceUnrelatedToTradeReceivables
600000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
18859000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
20345000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
9441000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
11698000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
9418000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
8647000 usd
CY2023 us-gaap Depreciation
Depreciation
3100000 usd
CY2022 us-gaap Depreciation
Depreciation
2700000 usd
CY2021 us-gaap Depreciation
Depreciation
2800000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
16530000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
17535000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
15617000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
5998000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
6400000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
5765000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1647000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3076000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2708000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24175000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
27011000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24090000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.060
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.054
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.050
CY2023 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.023
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.025
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.022
CY2023 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
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