2020 Q2 Form 10-Q Financial Statement

#000076889920000109 Filed on July 27, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q4 2019 Q2
Revenue $358.9M $591.0M $588.6M
YoY Change -39.02% -9.09% 6.17%
Cost Of Revenue $275.7M $440.7M $431.9M
YoY Change -36.16% -7.75% 5.06%
Gross Profit $83.23M $150.3M $156.7M
YoY Change -46.88% -12.81% 9.36%
Gross Profit Margin 23.19% 25.44% 26.62%
Selling, General & Admin $97.20M $134.0M $126.0M
YoY Change -22.84% -7.78% 0.16%
% of Gross Profit 116.79% 89.12% 80.39%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $7.300M $9.000M $9.800M
YoY Change -25.51% -11.76% -2.97%
% of Gross Profit 8.77% 5.99% 6.25%
Operating Expenses $97.20M $134.0M $126.0M
YoY Change -22.84% -7.78% -1.19%
Operating Profit -$21.23M $7.339M $20.89M
YoY Change -201.63% -56.52% 181.74%
Interest Expense $1.933M $686.0K $660.0K
YoY Change 192.88% -46.36% -25.84%
% of Operating Profit 9.35% 3.16%
Other Income/Expense, Net -$412.0K $2.014M $827.0K
YoY Change -149.82% 137.5% -62.48%
Pretax Income -$21.64M $9.353M $21.72M
YoY Change -199.65% -47.24% 125.78%
Income Tax -$13.48M $638.0K $2.312M
% Of Pretax Income 6.82% 10.65%
Net Earnings -$8.168M $8.715M $19.41M
YoY Change -142.09% -41.46% 121.66%
Net Earnings / Revenue -2.28% 1.47% 3.3%
Basic Earnings Per Share -$0.23 $0.23 $0.50
Diluted Earnings Per Share -$0.23 $0.23 $0.49
COMMON SHARES
Basic Shares Outstanding 35.08M shares 38.96M shares 39.16M shares
Diluted Shares Outstanding 35.08M shares 39.55M shares

Balance Sheet

Concept 2020 Q2 2019 Q4 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $92.10M $37.60M $23.10M
YoY Change 298.7% -20.0% -13.16%
Cash & Equivalents $92.05M $37.61M $23.12M
Short-Term Investments
Other Short-Term Assets $25.80M $13.38M $22.70M
YoY Change 13.66% -39.46% 1.34%
Inventory
Prepaid Expenses
Receivables $224.1M $342.3M $335.5M
Other Receivables $18.00M $11.10M $11.10M
Total Short-Term Assets $359.9M $421.7M $392.3M
YoY Change -8.27% -1.88% 3.57%
LONG-TERM ASSETS
Property, Plant & Equipment $67.45M $66.15M $58.65M
YoY Change 15.01% 14.7% 2.63%
Goodwill $94.00M $237.5M $237.1M
YoY Change -60.36% 0.09% 5.81%
Intangibles $32.62M $73.67M $81.36M
YoY Change -59.91% -19.4% -18.13%
Long-Term Investments
YoY Change
Other Assets $16.69M $17.24M $16.40M
YoY Change 1.74% 23.95% -66.75%
Total Long-Term Assets $543.1M $714.4M $702.5M
YoY Change -22.7% 4.29% 4.06%
TOTAL ASSETS
Total Short-Term Assets $359.9M $421.7M $392.3M
Total Long-Term Assets $543.1M $714.4M $702.5M
Total Assets $903.0M $1.136B $1.095B
YoY Change -17.53% 1.91% 3.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $46.40M $68.40M $45.20M
YoY Change 2.65% -2.01% -11.89%
Accrued Expenses $137.0M $82.00M $86.90M
YoY Change 57.65% 6.36% 29.9%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $27.10M $0.00 $72.30M
YoY Change -62.52% -100.0% -4.49%
Total Short-Term Liabilities $220.0M $230.8M $212.7M
YoY Change 3.44% 2.34% 7.57%
LONG-TERM LIABILITIES
Long-Term Debt $17.95M $37.10M $49.80M
YoY Change -63.96% -53.63% -28.47%
Other Long-Term Liabilities $18.68M $4.064M $4.397M
YoY Change 324.72% -33.45% -28.28%
Total Long-Term Liabilities $36.62M $41.16M $4.397M
YoY Change 732.93% -52.19% -94.2%
TOTAL LIABILITIES
Total Short-Term Liabilities $220.0M $230.8M $212.7M
Total Long-Term Liabilities $36.62M $41.16M $4.397M
Total Liabilities $490.2M $510.2M $479.9M
YoY Change 2.16% -2.53% -2.07%
SHAREHOLDERS EQUITY
Retained Earnings $430.5M $639.2M $629.0M
YoY Change -31.56% 5.47% 9.65%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $412.8M $626.0M $615.0M
YoY Change
Total Liabilities & Shareholders Equity $903.0M $1.136B $1.095B
YoY Change -17.53% 1.91% 3.88%

Cashflow Statement

Concept 2020 Q2 2019 Q4 2019 Q2
OPERATING ACTIVITIES
Net Income -$8.168M $8.715M $19.41M
YoY Change -142.09% -41.46% 121.66%
Depreciation, Depletion And Amortization $7.300M $9.000M $9.800M
YoY Change -25.51% -11.76% -2.97%
Cash From Operating Activities $75.90M $41.00M $15.50M
YoY Change 389.68% -28.2% -65.43%
INVESTING ACTIVITIES
Capital Expenditures -$4.600M -$9.800M -$5.200M
YoY Change -11.54% 44.12% -372.11%
Acquisitions
YoY Change
Other Investing Activities -$700.0K -$100.0K $1.100M
YoY Change -163.64% -102.78% -90.52%
Cash From Investing Activities -$5.400M -$9.900M -$4.100M
YoY Change 31.71% 219.35% -142.24%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -249.3M -14.30M -21.20M
YoY Change 1075.94% -62.27% -56.34%
NET CHANGE
Cash From Operating Activities 75.90M 41.00M 15.50M
Cash From Investing Activities -5.400M -9.900M -4.100M
Cash From Financing Activities -249.3M -14.30M -21.20M
Net Change In Cash -178.8M 16.80M -9.800M
YoY Change 1724.49% 4.35% -287.63%
FREE CASH FLOW
Cash From Operating Activities $75.90M $41.00M $15.50M
Capital Expenditures -$4.600M -$9.800M -$5.200M
Free Cash Flow $80.50M $50.80M $20.70M
YoY Change 288.89% -20.5% -51.78%

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ComprehensiveIncomeNetOfTax
-6070000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
18713000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-163189000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
28315000 USD
us-gaap Net Income Loss
NetIncomeLoss
-158662000 USD
us-gaap Net Income Loss
NetIncomeLoss
27682000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
16350000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
19779000 USD
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
175189000 USD
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
103482000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
36979000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1956000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1631000 USD
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-16542000 USD
us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
4921000 USD
us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
-4667000 USD
us-gaap Increase Decrease In Workers Compensation Liabilities
IncreaseDecreaseInWorkersCompensationLiabilities
-5668000 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
7900000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4345000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
5260000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-27049000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2393000 USD
tbi Lease Cost Noncash Expense
LeaseCostNoncashExpense
7454000 USD
tbi Lease Cost Noncash Expense
LeaseCostNoncashExpense
6934000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-2669000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
2072000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-111803000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-16162000 USD
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
7291000 USD
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
6347000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-4682000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
4472000 USD
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-22197000 USD
us-gaap Increase Decrease In Workers Compensation Liabilities
IncreaseDecreaseInWorkersCompensationLiabilities
-7109000 USD
tbi Increase Decreasein Operating Leases Liabilities
IncreaseDecreaseinOperatingLeasesLiabilities
-7643000 USD
tbi Increase Decreasein Operating Leases Liabilities
IncreaseDecreaseinOperatingLeasesLiabilities
-6957000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1344000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
3174000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
11641000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
11064000 USD
tbi Payments To Acquire Restricted Investments Availableforsale Investments
PaymentsToAcquireRestrictedInvestmentsAvailableforsaleInvestments
1739000 USD
tbi Payments To Acquire Restricted Investments Availableforsale Investments
PaymentsToAcquireRestrictedInvestmentsAvailableforsaleInvestments
4295000 USD
tbi Proceeds From Saleand Maturity Of Restricted Investments Availablefor Sale
ProceedsFromSaleandMaturityOfRestrictedInvestmentsAvailableforSale
2581000 USD
tbi Proceeds From Saleand Maturity Of Restricted Investments Availablefor Sale
ProceedsFromSaleandMaturityOfRestrictedInvestmentsAvailableforSale
2435000 USD
tbi Payments To Acquire Restricted Investments Held To Maturity
PaymentsToAcquireRestrictedInvestmentsHeldToMaturity
11458000 USD
tbi Payments To Acquire Restricted Investments Held To Maturity
PaymentsToAcquireRestrictedInvestmentsHeldToMaturity
7020000 USD
tbi Proceeds From Maturity Of Restricted Investments Heldtomaturity
ProceedsFromMaturityOfRestrictedInvestmentsHeldtomaturity
16190000 USD
tbi Proceeds From Maturity Of Restricted Investments Heldtomaturity
ProceedsFromMaturityOfRestrictedInvestmentsHeldtomaturity
17250000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6067000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2694000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
52346000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
9077000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
536000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
700000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-3707000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
7277000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
7711000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
8841000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
8798000 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-55300000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1344000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-119000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-47210000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-65427000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-736000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
560000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
49469000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-30582000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
92371000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
102450000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
141840000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
71868000 USD
us-gaap Interest Paid Net
InterestPaidNet
2402000 USD
us-gaap Interest Paid Net
InterestPaidNet
1199000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1189000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1227000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4841000 USD
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
175200000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
4288000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
5923000 USD
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
3053000 USD
us-gaap Financing Receivable Allowance For Credit Loss Foreign Currency Translation
FinancingReceivableAllowanceForCreditLossForeignCurrencyTranslation
-26000 USD
CY2020Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
7656000 USD
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;color:#006ec0;font-style:italic;font-weight:bold;">Reclassifications</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Certain previously reported amounts have been reclassified to conform to the current presentation. Specifically, the company has made certain reclassifications between cost of services and SG&amp;A expense to more accurately reflect the costs of delivering our services. Such reclassifications did not have a significant impact on the company’s gross profit or SG&amp;A expense.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Certain immaterial prior year amounts have also been reclassified within cash flows from investing activities on our Consolidated Statements of Cash Flows to conform to current year presentation.</span></div>
CY2020Q2 us-gaap Assets Held By Insurance Regulators
AssetsHeldByInsuranceRegulators
24308000 USD
CY2019Q4 us-gaap Assets Held By Insurance Regulators
AssetsHeldByInsuranceRegulators
24612000 USD
CY2020Q2 us-gaap Assets Held In Trust Current
AssetsHeldInTrustCurrent
21922000 USD
CY2019Q4 us-gaap Assets Held In Trust Current
AssetsHeldInTrustCurrent
23681000 USD
CY2020Q2 us-gaap Assets Held In Trust Noncurrent
AssetsHeldInTrustNoncurrent
143731000 USD
CY2019Q4 us-gaap Assets Held In Trust Noncurrent
AssetsHeldInTrustNoncurrent
149373000 USD
CY2020Q2 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
11981000 USD
CY2019Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
13670000 USD
CY2020Q2 us-gaap Life Insurance Corporate Or Bank Owned Amount
LifeInsuranceCorporateOrBankOwnedAmount
12343000 USD
CY2019Q4 us-gaap Life Insurance Corporate Or Bank Owned Amount
LifeInsuranceCorporateOrBankOwnedAmount
13126000 USD
CY2020Q2 us-gaap Other Restricted Assets Noncurrent
OtherRestrictedAssetsNoncurrent
3559000 USD
CY2019Q4 us-gaap Other Restricted Assets Noncurrent
OtherRestrictedAssetsNoncurrent
6470000 USD
CY2020Q2 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
217844000 USD
CY2019Q4 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
230932000 USD
CY2020Q2 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
143731000 USD
CY2020Q2 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
6325000 USD
CY2020Q2 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
1000 USD
CY2020Q2 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
150055000 USD
CY2019Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
149373000 USD
CY2019Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
3394000 USD
CY2019Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
36000 USD
CY2019Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
152731000 USD
CY2020Q2 us-gaap Equity Securities Fv Ni Unrealized Gain
EquitySecuritiesFvNiUnrealizedGain
3100000 USD
CY2019Q2 us-gaap Equity Securities Fv Ni Unrealized Gain
EquitySecuritiesFvNiUnrealizedGain
800000 USD
us-gaap Equity Securities Fv Ni Unrealized Loss
EquitySecuritiesFvNiUnrealizedLoss
1700000 USD
us-gaap Equity Securities Fv Ni Unrealized Gain
EquitySecuritiesFvNiUnrealizedGain
3200000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
237498000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
99369000 USD
CY2019Q4 us-gaap Goodwill Gross
GoodwillGross
332577000 USD
CY2019Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
95079000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
140489000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-3009000 USD
CY2020Q2 us-gaap Goodwill Gross
GoodwillGross
329568000 USD
CY2020Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
235568000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
94000000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
72752000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
26617000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
151951000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
84278000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
67673000 USD
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
34700000 USD
CY2020Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2100000 USD
CY2019Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5000000.0 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6100000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10000000.0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
140500000 USD
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
34700000 USD
CY2020Q1 tbi Fair Value Inputs Discount Rate Goodwill
FairValueInputsDiscountRateGoodwill
0.120
tbi Workers Compensation Claim Deductible Limit
WorkersCompensationClaimDeductibleLimit
2000000.0 USD
tbi Weighted Average Period Claim Payments Below Deductible Limit
WeightedAveragePeriodClaimPaymentsBelowDeductibleLimit
P5Y
us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
32600000 USD
CY2019Q4 tbi Workers Compensation Liability Netof Discount
WorkersCompensationLiabilityNetofDiscount
255618000 USD
CY2020Q2 tbi Debt Instrument Debt Covenant Unrestricted Cash Threshold
DebtInstrumentDebtCovenantUnrestrictedCashThreshold
65000000 USD
tbi Debt Instrument Asset Coverage Ratio Threshold
DebtInstrumentAssetCoverageRatioThreshold
1.00
CY2020Q2 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
66193000 USD
CY2020Q2 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
268128000 USD
CY2019Q4 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
274934000 USD
CY2020Q2 us-gaap Workers Compensation Discount Amount
WorkersCompensationDiscountAmount
18178000 USD
CY2019Q4 us-gaap Workers Compensation Discount Amount
WorkersCompensationDiscountAmount
19316000 USD
CY2020Q2 tbi Workers Compensation Liability Netof Discount
WorkersCompensationLiabilityNetofDiscount
249950000 USD
CY2019Q4 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
73020000 USD
CY2020Q2 us-gaap Workers Compensation Liability Noncurrent
WorkersCompensationLiabilityNoncurrent
183757000 USD
CY2019Q4 us-gaap Workers Compensation Liability Noncurrent
WorkersCompensationLiabilityNoncurrent
182598000 USD
us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
28000000.0 USD
tbi Weighted Average Period Claim Payments And Receivables Above Deductible Limit
WeightedAveragePeriodClaimPaymentsAndReceivablesAboveDeductibleLimit
P17Y
CY2020Q2 tbi Discountedworkerscompensationreserveforexcessclaims
Discountedworkerscompensationreserveforexcessclaims
47600000 USD
CY2019Q4 tbi Discountedworkerscompensationreserveforexcessclaims
Discountedworkerscompensationreserveforexcessclaims
45300000 USD
CY2020Q2 tbi Workers Compensation Claim Receivables
WorkersCompensationClaimReceivables
46600000 USD
CY2019Q4 tbi Workers Compensation Claim Receivables
WorkersCompensationClaimReceivables
45300000 USD
CY2020Q2 tbi Workers Compensation Expense
WorkersCompensationExpense
9200000 USD
CY2019Q2 tbi Workers Compensation Expense
WorkersCompensationExpense
16300000 USD
tbi Workers Compensation Expense
WorkersCompensationExpense
23500000 USD
tbi Workers Compensation Expense
WorkersCompensationExpense
28200000 USD
CY2020Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
27051000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2020Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
17949000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
37100000 USD
CY2020Q2 us-gaap Long Term Debt
LongTermDebt
45000000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
37100000 USD
CY2020Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
27100000 USD
CY2020Q2 tbi Debt Instrument Asset Coverage Ratio Percentage Of Accounts Receivable
DebtInstrumentAssetCoverageRatioPercentageOfAccountsReceivable
0.60
CY2020Q2 tbi Debt Instrument Asset Coverage Ratio Unrestricted Cash Threshold
DebtInstrumentAssetCoverageRatioUnrestrictedCashThreshold
50000000 USD
tbi Debt Instrument Asset Coverage Ratio Threshold
DebtInstrumentAssetCoverageRatioThreshold
1.00
CY2020Q2 tbi Debt Instrument Asset Coverage Ratio
DebtInstrumentAssetCoverageRatio
14.7
CY2020Q2 tbi Debt Instrument Liquidity Threshold
DebtInstrumentLiquidityThreshold
150000000 USD
CY2020Q2 tbi Debt Instrument Liquidity Threshold
DebtInstrumentLiquidityThreshold
150000000 USD
CY2020Q2 tbi Debt Instrument Liquidity Amount
DebtInstrumentLiquidityAmount
340800000 USD
CY2020Q2 tbi Debt Instrument Covenant Ebitda Trailing Three Quarters
DebtInstrumentCovenantEBITDATrailingThreeQuarters
12000000 USD
CY2020Q2 tbi Debt Instrument Covenant Ebitda Trailing Four Quarters
DebtInstrumentCovenantEBITDATrailingFourQuarters
15000000 USD
CY2020Q2 tbi Debt Instrument Fixed Charge Coverage Ratio Threshold
DebtInstrumentFixedChargeCoverageRatioThreshold
1.25
CY2020Q2 tbi Collateral Commitments Cash Collateral Held By Insurance Carriers
CollateralCommitmentsCashCollateralHeldByInsuranceCarriers
21902000 USD
CY2019Q4 tbi Collateral Commitments Cash Collateral Held By Insurance Carriers
CollateralCommitmentsCashCollateralHeldByInsuranceCarriers
22256000 USD
CY2020Q2 us-gaap Assets Held In Trust Current
AssetsHeldInTrustCurrent
21922000 USD
CY2019Q4 us-gaap Assets Held In Trust Current
AssetsHeldInTrustCurrent
23681000 USD
CY2020Q2 us-gaap Assets Held In Trust Noncurrent
AssetsHeldInTrustNoncurrent
143731000 USD
CY2019Q4 us-gaap Assets Held In Trust Noncurrent
AssetsHeldInTrustNoncurrent
149373000 USD
CY2020Q2 tbi Collateral Commitments Lettersof Credit
CollateralCommitmentsLettersofCredit
6202000 USD
CY2019Q4 tbi Collateral Commitments Lettersof Credit
CollateralCommitmentsLettersofCredit
6202000 USD
CY2020Q2 tbi Collateral Commitments Surety Bonds
CollateralCommitmentsSuretyBonds
20731000 USD
CY2019Q4 tbi Collateral Commitments Surety Bonds
CollateralCommitmentsSuretyBonds
20731000 USD
CY2020Q2 tbi Collateral Commitments Total Collateral Commitments
CollateralCommitmentsTotalCollateralCommitments
214488000 USD
CY2019Q4 tbi Collateral Commitments Total Collateral Commitments
CollateralCommitmentsTotalCollateralCommitments
222243000 USD
tbi Collateral Commitments Surety Bond Annual Fee Limit Percentage Of Bond Amount
CollateralCommitmentsSuretyBondAnnualFeeLimitPercentageOfBondAmount
0.020
tbi Collateral Commitments Surety Bonds Required Cancellation Notice
CollateralCommitmentsSuretyBondsRequiredCancellationNotice
P60D
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
412761000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
615007000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
412761000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
615007000 USD
CY2020Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2019Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
391000 shares
CY2020Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
66700000 USD
CY2020Q1 tbi Stock Repurchasedand Retired During Period Percentage
StockRepurchasedandRetiredDuringPeriodPercentage
0.80
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.194
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-8168000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
19406000 USD
us-gaap Net Income Loss
NetIncomeLoss
-158662000 USD
us-gaap Net Income Loss
NetIncomeLoss
27682000 USD
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35077000 shares
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39163000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36166000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39264000 shares
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.23
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
355000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35077000 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39554000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36166000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39619000 shares
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.23
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.50
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-4.39
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.71
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.49
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-4.39
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.70
CY2020Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
580000 shares
CY2019Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
246000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
565000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
336000 shares
CY2020Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
358944000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
588594000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
853196000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1140946000 USD
CY2020Q2 tbi Operating Profit Loss From Segments
OperatingProfitLossFromSegments
-346000 USD
CY2019Q2 tbi Operating Profit Loss From Segments
OperatingProfitLossFromSegments
37146000 USD
tbi Operating Profit Loss From Segments
OperatingProfitLossFromSegments
9503000 USD
tbi Operating Profit Loss From Segments
OperatingProfitLossFromSegments
61349000 USD
CY2020Q2 tbi Work Opportunity Tax Credit Processing Fees
WorkOpportunityTaxCreditProcessingFees
0 USD
CY2019Q2 tbi Work Opportunity Tax Credit Processing Fees
WorkOpportunityTaxCreditProcessingFees
240000 USD
tbi Work Opportunity Tax Credit Processing Fees
WorkOpportunityTaxCreditProcessingFees
135000 USD
tbi Work Opportunity Tax Credit Processing Fees
WorkOpportunityTaxCreditProcessingFees
480000 USD
CY2020Q2 tbi Acquisition Relatedandintegration Costs Associatedwitha Business Combination
AcquisitionRelatedandintegrationCostsAssociatedwithaBusinessCombination
0 USD
CY2019Q2 tbi Acquisition Relatedandintegration Costs Associatedwitha Business Combination
AcquisitionRelatedandintegrationCostsAssociatedwithaBusinessCombination
673000 USD
tbi Acquisition Relatedandintegration Costs Associatedwitha Business Combination
AcquisitionRelatedandintegrationCostsAssociatedwithaBusinessCombination
0 USD
tbi Acquisition Relatedandintegration Costs Associatedwitha Business Combination
AcquisitionRelatedandintegrationCostsAssociatedwithaBusinessCombination
1250000 USD
CY2020Q2 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 USD
CY2019Q2 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 USD
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
175189000 USD
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 USD
CY2020Q2 us-gaap Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
8700000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
16350000 USD
CY2019Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
827000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-149000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
19779000 USD
CY2019Q2 us-gaap Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
1881000 USD
us-gaap Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
4427000 USD
us-gaap Other Nonrecurring Income Expense
OtherNonrecurringIncomeExpense
-725000 USD
CY2020Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
7256000 USD
CY2019Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
9827000 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-21231000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
20891000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-196736000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
29654000 USD
CY2020Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-412000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1380000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-21643000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
21718000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-196885000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
31034000 USD

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