Company: ASGN
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000890564-25-000063
Chunk: 50

Company: ASGN Inc
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 8
Chunk 50
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7.4 14.0 22.0 22.2 44.2 Segment operating income73.3 24.6 97.9 216.8 72.3 289.1 Corporate SG&A expenses19.0 58.9 Operating income78.9 230.2 Interest expense, net16.0 49.4 Income before taxes62.9 180.8 Provision for income taxes15.4 48.0 Net income$47.5 $132.8     __________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 EndedNine Months EndedSeptember 30,September 30,2025202420252024Firm-fixed-price$84.2 $92.6 $260.2 $273.8 T&M117.0 128.0 371.2 395.4 Cost reimbursable98.9 91.6 277.3 269.5 $300.1 $312.2 $908.7 $938.7 Federal Government Segment revenues by customer type are as follows (in millions):Three Months EndedNine Months EndedSeptember 30,September 30,2025202420252024Department of Defense and Intelligence Agencies$130.7 $141.5 $395.8 $433.2 National Security80.7 72.1 242.1 209.7 Federal Civilian57.1 67.2 176.9 202.8 Other31.6 31.4 93.9 93.0 $300.1 $312.2 $908.7 $938.7 __________

Federal Government Segment revenues by customer type for the three and nine months ended September 30, 2024 have been recast to conform to the current period presentation. 

11

11. Fair Value Measurements 

Recurring Fair Value Measurements — The carrying amounts of cash and cash equivalents, accounts