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10-Q Filing

ASGN INC CIK: 890564 Q1 2014
Filing Information
Form Type 10-Q
Accession Number 0000890564-14-000027
Period End Date 20140331
Filing Date 20140509
Fiscal Year 2014
Fiscal Period Q1
XBRL Instance asgn-20140331.xml
Filing Contents
Balance Sheet 83 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $23.39M USD Point-in-time
Accounts receivable, allowance AllowanceForDoubtfulAccountsReceivableCurrent $4.56M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $37.35M USD Point-in-time
Accounts receivable, allowance AllowanceForDoubtfulAccountsReceivableCurrent $3.07M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $11.77M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $27.48M USD Point-in-time
Accounts receivable, net of allowance of $4,557 and $3,067, respectively AccountsReceivableNetCurrent $262.22M USD Point-in-time
Accounts receivable, net of allowance of $4,557 and $3,067, respectively AccountsReceivableNetCurrent $277.55M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $8.69M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $6.38M USD Point-in-time
Preferred Stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Deferred income tax assets DeferredTaxAssetsNetCurrent $17.21M USD Point-in-time
Deferred income tax assets DeferredTaxAssetsNetCurrent $17.20M USD Point-in-time
Preferred Stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Workers' compensation and medical malpractice receivable WorkersCompensationandMedicalMalpracticeReceivableCurrent $21.20M USD Point-in-time
Workers' compensation and medical malpractice receivable WorkersCompensationandMedicalMalpracticeReceivableCurrent $20.04M USD Point-in-time
Preferred Stock, shares authorized (in shares) PreferredStockSharesAuthorized 1.00M shares Point-in-time
Preferred Stock, shares authorized (in shares) PreferredStockSharesAuthorized 1.00M shares Point-in-time
Other OtherAssetsCurrent $3.06M USD Point-in-time
Other OtherAssetsCurrent $3.20M USD Point-in-time
Preferred Stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred Stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Total current assets AssetsCurrent $347.63M USD Point-in-time
Preferred Stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred Stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Total current assets AssetsCurrent $349.87M USD Point-in-time
Common Stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common Stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $40.19M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $38.59M USD Point-in-time
Common Stock, shares authorized (in shares) CommonStockSharesAuthorized 75.00M shares Point-in-time
Goodwill Goodwill $496.16M USD Point-in-time
Common Stock, shares authorized (in shares) CommonStockSharesAuthorized 75.00M shares Point-in-time
Goodwill Goodwill $575.23M USD Point-in-time
Goodwill Goodwill $574.95M USD Point-in-time
Identifiable intangible assets, net IntangibleAssetsNetExcludingGoodwill $282.28M USD Point-in-time
Identifiable intangible assets, net IntangibleAssetsNetExcludingGoodwill $288.45M USD Point-in-time
Common Stock, shares issued (in shares) CommonStockSharesIssued 53.93M shares Point-in-time
Common Stock, shares issued (in shares) CommonStockSharesIssued 54.32M shares Point-in-time
Other OtherAssetsNoncurrent $9.33M USD Point-in-time
Common Stock: shares outstanding (in shares) CommonStockSharesOutstanding 54.32M shares Point-in-time
Other OtherAssetsNoncurrent $9.07M USD Point-in-time
Common Stock: shares outstanding (in shares) CommonStockSharesOutstanding 53.93M shares Point-in-time
Total Assets Assets $1.25B USD Point-in-time
Total Assets Assets $1.26B USD Point-in-time
Current portion of long-term debt OtherLongTermDebtCurrent $18.25M USD Point-in-time
Current portion of long-term debt OtherLongTermDebtCurrent $10.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $5.69M USD Point-in-time
Accounts payable AccountsPayableCurrent $8.37M USD Point-in-time
Accrued payroll and contract professional pay EmployeeRelatedLiabilitiesCurrent $77.38M USD Point-in-time
Accrued payroll and contract professional pay EmployeeRelatedLiabilitiesCurrent $76.56M USD Point-in-time
Workers compensation and medical malpractice loss reserves Workerscompensationandmedicalmalpracticeliabilitycurrent $32.75M USD Point-in-time
Workers compensation and medical malpractice loss reserves Workerscompensationandmedicalmalpracticeliabilitycurrent $31.81M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $978.00K USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $13.42M USD Point-in-time
Other OtherLiabilitiesCurrent $27.93M USD Point-in-time
Other OtherLiabilitiesCurrent $23.07M USD Point-in-time
Total current liabilities LiabilitiesCurrent $169.02M USD Point-in-time
Total current liabilities LiabilitiesCurrent $157.17M USD Point-in-time
Deferred income tax liabilities DeferredTaxLiabilitiesNoncurrent $49.56M USD Point-in-time
Deferred income tax liabilities DeferredTaxLiabilitiesNoncurrent $49.58M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $375.56M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $389.81M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $11.60M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $12.64M USD Point-in-time
Total liabilities Liabilities $593.89M USD Point-in-time
Total liabilities Liabilities $621.06M USD Point-in-time
Commitments and Contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and Contingencies CommitmentsAndContingencies - USD Point-in-time
Preferred Stock, $0.01 par value, 1,000,000 shares authorized, no shares issued PreferredStockValue - USD Point-in-time
Preferred Stock, $0.01 par value, 1,000,000 shares authorized, no shares issued PreferredStockValue - USD Point-in-time
Common Stock, $0.01 par value, 75,000,000 shares authorized, 54,318,986 and 53,926,525 issued and outstanding, respectively CommonStockValue $543.00K USD Point-in-time
Common Stock, $0.01 par value, 75,000,000 shares authorized, 54,318,986 and 53,926,525 issued and outstanding, respectively CommonStockValue $539.00K USD Point-in-time
Paid-in capital AdditionalPaidInCapitalCommonStock $493.28M USD Point-in-time
Paid-in capital AdditionalPaidInCapitalCommonStock $499.74M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $146.20M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $160.12M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $116.00K USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $116.00K USD Point-in-time
Total stockholders equity StockholdersEquity $640.13M USD Point-in-time
Total stockholders equity StockholdersEquity $660.51M USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $1.26B USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $1.25B USD Point-in-time
Income Statement 52 line items
Line Item Tag Value Unit Period
Revenues SalesRevenueServicesNet $439.27M USD 1 Quarter
Revenues SalesRevenueServicesNet $379.04M USD 1 Quarter
Cost of services CostOfServices $301.69M USD 1 Quarter
Cost of services CostOfServices $268.93M USD 1 Quarter
Gross profit GrossProfit $110.11M USD 1 Quarter
Gross profit GrossProfit $137.59M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $81.88M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $104.13M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $5.38M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $6.17M USD 1 Quarter
Operating income OperatingIncomeLoss $22.86M USD 1 Quarter
Operating income OperatingIncomeLoss $27.28M USD 1 Quarter
Interest expense, net InterestExpense $3.33M USD 1 Quarter
Interest expense, net InterestExpense $5.10M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $23.95M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $17.76M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $7.54M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $9.91M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperations $10.22M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperations $14.05M USD 1 Quarter
Gain on sale of discontinued operations, net of income taxes DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax $16.40M USD Point-in-time
Gain on sale of discontinued operations, net of income taxes DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax $14.40M USD Point-in-time
Gain on sale of discontinued operations, net of income taxes DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax $14.41M USD 1 Quarter
Gain on sale of discontinued operations, net of income taxes DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax - USD 1 Quarter
Loss from discontinued operations, net of income taxes IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-15.00K USD 1 Quarter
Loss from discontinued operations, net of income taxes IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-131.00K USD 1 Quarter
Net income NetIncomeLoss $24.61M USD 1 Quarter
Net income NetIncomeLoss $13.92M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsPerBasicShare $0.26 USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsPerBasicShare $0.19 USD 1 Quarter
Income (loss) from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $0.27 USD 1 Quarter
Income (loss) from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD 1 Quarter
Net Income EarningsPerShareBasic $0.46 USD 1 Quarter
Net Income EarningsPerShareBasic $0.26 USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsPerDilutedShare $0.26 USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsPerDilutedShare $0.19 USD 1 Quarter
Income (loss) from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.01 USD 1 Quarter
Income (loss) from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $0.27 USD 1 Quarter
Net Income EarningsPerShareDiluted $0.46 USD 1 Quarter
Net Income EarningsPerShareDiluted $0.25 USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 53.05M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 54.10M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 54.04M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 54.98M shares 1 Quarter
Net income NetIncomeLoss $24.61M USD 1 Quarter
Net income NetIncomeLoss $13.92M USD 1 Quarter
Changes in fair value of derivatives, net of tax of $9 and $28, respectively. OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $67.00K USD 1 Quarter
Changes in fair value of derivatives, net of tax of $9 and $28, respectively. OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $44.00K USD 1 Quarter
Foreign currency translation adjustment, net of tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $-1.26M USD 1 Quarter
Foreign currency translation adjustment, net of tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $-44.00K USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $23.42M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $13.92M USD 1 Quarter
Cash Flow Statement 74 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $24.61M USD 1 Quarter
Net income NetIncomeLoss $13.92M USD 1 Quarter
Gain on sale of discontinued operations, net of income taxes DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax $16.40M USD Point-in-time
Gain on sale of discontinued operations, net of income taxes DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax $14.40M USD Point-in-time
Gain on sale of discontinued operations, net of income taxes DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax $14.41M USD 1 Quarter
Gain on sale of discontinued operations, net of income taxes DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax - USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $8.96M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $7.24M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $2.72M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $3.19M USD 1 Quarter
Gross excess tax benefits from stock-based compensation ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $2.09M USD 1 Quarter
Gross excess tax benefits from stock-based compensation ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $768.00K USD 1 Quarter
Workers compensation and medical malpractice provision WorkersCompensationAndMedicalMalpracticeProvision $-1.59M USD 1 Quarter
Workers compensation and medical malpractice provision WorkersCompensationAndMedicalMalpracticeProvision $-1.29M USD 1 Quarter
Other OtherNoncashIncome $-2.03M USD 1 Quarter
Other OtherNoncashIncome $-502.00K USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $16.48M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $26.11M USD 1 Quarter
Prepaid expenses and income taxes IncreaseDecreaseInPrepaidExpensesAndIncomeTaxes $-3.95M USD 1 Quarter
Prepaid expenses and income taxes IncreaseDecreaseInPrepaidExpensesAndIncomeTaxes $-2.15M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-1.09M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-3.01M USD 1 Quarter
Accrued payroll and contract professional pay IncreaseDecreaseInAccruedSalaries $599.00K USD 1 Quarter
Accrued payroll and contract professional pay IncreaseDecreaseInAccruedSalaries $7.20M USD 1 Quarter
Income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $-12.45M USD 1 Quarter
Income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $2.43M USD 1 Quarter
Deferred compensation IncreaseDecreaseInDeferredCompensation $-4.85M USD 1 Quarter
Deferred compensation IncreaseDecreaseInDeferredCompensation $-20.00K USD 1 Quarter
Other IncreaseDecreaseInOtherOperatingCapitalNet $4.52M USD 1 Quarter
Other IncreaseDecreaseInOtherOperatingCapitalNet $-2.65M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-4.32M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $3.58M USD 1 Quarter
Cash paid for property and equipment PaymentsToAcquirePropertyPlantAndEquipment $4.02M USD 1 Quarter
Cash paid for property and equipment PaymentsToAcquirePropertyPlantAndEquipment $2.79M USD 1 Quarter
Cash received from sale of discontinued operations, net ProceedsFromDivestitureOfBusinessesNetOfCashDivested $28.89M USD 1 Quarter
Cash received from sale of discontinued operations, net ProceedsFromDivestitureOfBusinessesNetOfCashDivested - USD 1 Quarter
Cash paid for acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Cash paid for acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $222.00K USD 1 Quarter
Other PaymentsForProceedsFromOtherInvestingActivities $1.69M USD 1 Quarter
Other PaymentsForProceedsFromOtherInvestingActivities $-352.00K USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $24.42M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-3.89M USD 1 Quarter
Principal payments of long-term debt RepaymentsOfLongTermDebt $43.00M USD 1 Quarter
Principal payments of long-term debt RepaymentsOfLongTermDebt $105.50M USD 1 Quarter
Proceeds from Issuance of Long-term Debt ProceedsFromIssuanceOfLongTermDebt - USD 1 Quarter
Proceeds from Issuance of Long-term Debt ProceedsFromIssuanceOfLongTermDebt $99.50M USD 1 Quarter
Proceeds from stock transactions ProceedsFromIssuanceOrSaleOfEquity $2.97M USD 1 Quarter
Proceeds from stock transactions ProceedsFromIssuanceOrSaleOfEquity $2.44M USD 1 Quarter
Payments of employment taxes related to release of restricted stock awards PaymentsForOtherTaxes $3.28M USD 1 Quarter
Payments of employment taxes related to release of restricted stock awards PaymentsForOtherTaxes $3.61M USD 1 Quarter
Gross excess tax benefits from stock-based compensation ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $768.00K USD 1 Quarter
Gross excess tax benefits from stock-based compensation ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $2.09M USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $-1.14M USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $-20.00K USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-43.42M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-5.36M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-386.00K USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-279.00K USD 1 Quarter
Net Increase in Cash and Cash Equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-13.96M USD 1 Quarter
Net Increase in Cash and Cash Equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-15.71M USD 1 Quarter
Cash and Cash Equivalents at Beginning of Year CashAndCashEquivalentsAtCarryingValue $23.39M USD Point-in-time
Cash and Cash Equivalents at Beginning of Year CashAndCashEquivalentsAtCarryingValue $37.35M USD Point-in-time
Cash and Cash Equivalents at Beginning of Year CashAndCashEquivalentsAtCarryingValue $11.77M USD Point-in-time
Cash and Cash Equivalents at Beginning of Year CashAndCashEquivalentsAtCarryingValue $27.48M USD Point-in-time
Cash and Cash Equivalents at End of Period CashAndCashEquivalentsAtCarryingValue $23.39M USD Point-in-time
Cash and Cash Equivalents at End of Period CashAndCashEquivalentsAtCarryingValue $37.35M USD Point-in-time
Cash and Cash Equivalents at End of Period CashAndCashEquivalentsAtCarryingValue $11.77M USD Point-in-time
Cash and Cash Equivalents at End of Period CashAndCashEquivalentsAtCarryingValue $27.48M USD Point-in-time
Income taxes IncomeTaxesPaidNet $21.03M USD 1 Quarter
Income taxes IncomeTaxesPaidNet $3.86M USD 1 Quarter
Interest InterestPaidNet $3.09M USD 1 Quarter
Interest InterestPaidNet $4.67M USD 1 Quarter
Acquisition of property and equipment through accounts payable CapitalExpendituresIncurredButNotYetPaid $870.00K USD 1 Quarter
Acquisition of property and equipment through accounts payable CapitalExpendituresIncurredButNotYetPaid $819.00K USD 1 Quarter
Comprehensive Income 2 line items
Line Item Tag Value Unit Period
Changes in fair value of derivative, tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax $9.00K USD 1 Quarter
Changes in fair value of derivative, tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax $28.00K USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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