Company: ASGN
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000890564-25-000028
Chunk: 33

Company: ASGN Inc
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 8
Chunk 33
---
 operating income for each segment. He also considers forecast-to-actual variances on a monthly basis for these profit measures when making decisions about allocating resources to the segments and uses these segment profit measures in the annual budget process. Segment information is as follows (in millions):Three Months Ended March 31, 2025CommercialFederal GovernmentTotalRevenuesConsulting$290.1 $296.1 $586.2 Assignment382.1 — 382.1 672.2 296.1 968.3 Costs of services454.5 238.4 692.9 Gross profit217.7 57.7 275.4 Segment depreciation and other amortization9.0 1.5 10.5 Other segment expenses146.0 29.7 175.7 Segment SG&A expenses155.0 31.2 186.2 Amortization of intangible assets7.8 6.5 14.3 Segment operating income54.9 20.0 74.9 Corporate SG&A expenses28.3 Operating income46.6 Interest expense, net15.4 Income before taxes$31.2 

10

Three Months Ended March 31, 2024CommercialFederal GovernmentTotalRevenuesConsulting$277.0 $317.5 $594.5 Assignment454.5 — 454.5 731.5 317.5 1,049.0 Costs of services497.7 255.1 752.8 Gross profit233.8 62.4 296.2 Segment depreciation and other amortization7.2 1.3 8.5 Other segment expenses150.1 30.7 180.8 Segment SG&A expenses157.3 32.0 189.3 Amortization of intangible assets7.7 7.4 15.1 Segment operating income68.8 23.0 91.8 Corporate SG&A expenses20.9 Operating income70.9 Interest expense, net17.6 Income before taxes$53.3     __________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