Company: ASGN
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000890564-25-000039
Chunk: 44

Company: ASGN Inc
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 8
Chunk 44
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 358.9 Segment SG&A expenses154.9 31.7 186.6 312.2 63.7 375.9 Amortization of intangible assets7.7 7.4 15.1 15.4 14.8 30.2 Segment operating income74.7 24.7 99.4 143.5 47.7 191.2 Corporate SG&A expenses19.0 39.9 Operating income80.4 151.3 Interest expense, net15.8 33.4 Income before taxes64.6 117.9 Provision for income taxes17.4 32.6 Net income$47.2 $85.3     __________Costs of services include an immaterial amount of depreciation expense.Other segment expenses include compensation-related expenses, rent, marketing, and other general and administrative expenses.Corporate SG&A expenses include compensation-related expenses, stock-based compensation, depreciation, acquisition, integration and strategic planning expenses, and public company expenses.Substantially all of the revenues from the Commercial Segment are generated from time and materials ("T&M") contracts. Federal Government Segment revenues by contract type are as follows (in millions): Three Months EndedSix Months EndedJune 30,June 30,2025202420252024Firm-fixed-price$86.0 $92.0 176.0 181.2 T&M128.1 136.2 254.2 267.4 Cost reimbursable98.4 80.8 178.4 177.9 $312.5 309.0 608.6 626.5 Federal Government Segment revenues by customer type are as follows (in millions):Three Months EndedSix Months EndedJune 30,June 30,2025202420252024Department of Defense and Intelligence Agencies$136.2 $141.6 $265.1 $291.7 National Security87.3 67.2 161.4 137.6 Federal Civilian57.8 69.1 119.8 135.6 Other31.2 31.1 62.3 61.6 $312.5 $309.0 $608.6 $626.5 __________

Federal Government Segment revenues by customer type for the three and six months ended June 30,