$ 581,192

^[1]

$ 562,572

^[1]

$ 655,875

^[1]

358,347

^[2]

353,143

^[2]

398,082

^[2]

222,845

209,429

257,793

Operating expenses:

Salaries and related

176,718

169,923

193,906

Office and general

48,131

49,238

54,617

Marketing and promotion

5,472

4,722

5,876

5,559

5,922

5,982

3,789

5,440

7,506

662

1,336

Total operating expenses

240,331

236,581

267,887

Operating income (loss)

(17,486)

(27,152)

(10,094)

Non-operating income (expense):

Other income (expense), net

(661)

(554)

(561)

202

759

324

Income (loss) from continuing operations before provision for income taxes

(17,945)

(26,947)

(10,331)

Provision for (benefit from) income taxes from continuing operations

(2,159)

3,264

(3,109)

Income (Loss) from Continuing Operations

(15,786)

(30,211)

(7,222)

Income (Loss) from Discontinued Operations, Net of Taxes

2,592

(184)

1,887

Earnings (loss) per share from continuing operations, basic and diluted

(13,194)

(30,395)

(5,335)

Earnings (loss) per share:

$ (0.48)

$ (0.93)

$ (0.22)

Earnings (loss) per share from discontinued operations, basic and diluted

$ 0.08

$ (0.01)

$ 0.05

Earnings Per Share, Basic and Diluted

$ (0.40)

$ (0.94)

$ (0.17)

Weighted-average shares outstanding:

Weighted Average Number of Shares Outstanding, Basic and Diluted

32,843

32,493

32,600

Comprehensive income (loss):

Foreign currency translation adjustment, net of income taxes

(13,194)

(30,395)

(5,335)

Other comprehensive income (loss):

(3,718)

(3,623)

2,169

Defined benefit pension plans - unrecognized net actuarial gain (loss) and prior service costs (credit), net of income taxes

158

260

(290)

Total other comprehensive income (loss), net of income taxes

(3,560)

(3,363)

1,879

Comprehensive income (loss)

$ (16,754)

$ (33,758)

$ (3,456)

[1]

Revenue by geographic region disclosed above is net of any inter-segment revenue and, therefore, represents only revenue from external customers according to the location of the operating subsidiary.

[2]

Direct costs include the direct staffing costs of salaries, payroll taxes, employee benefits, travel expenses and insurance costs for the Company’s contractors and reimbursed out-of-pocket expenses and other direct costs. Other than reimbursed out-of-pocket expenses, there are no other direct costs associated with the Permanent Recruitment and Other categories. Gross margin represents revenue less direct costs. The region where services are provided, the mix of contracting and permanent recruitment, and the functional nature of the staffing services provided can affect gross margin.

CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 33,989	$ 37,378
Accounts receivable, less allowance for doubtful accounts of $986 and $1,041, respectively	74,079	76,467
Prepaid and other	9,604	7,960
Current assets of discontinued operations	1,249	12,518
Total current assets	118,921	134,323
Property and equipment, net	9,840	11,989
Deferred tax assets, non-current	5,648	7,124
Other assets	5,263	5,393
Total assets	139,672	158,829
Current liabilities:
Accounts payable	6,371	8,899
Accrued expenses and other current liabilities	54,065	51,917
Short-term borrowings	0	476
Accrued business reorganization expenses	3,169	3,275
Current liabilities of discontinued operations	3,512	5,251
Total current liabilities	67,117	69,818
Deferred rent and tenant improvement contributions	5,899	5,333
Income tax payable, non-current	2,397	3,872
Other Liabilities, Noncurrent	5,002	5,421
Total liabilities	80,415	84,444
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $0.001 par value, 10,000 shares authorized; none issued or outstanding	0	0
Common stock, $0.001 par value, 100,000 shares authorized; issued 33,671 and 33,543 shares, respectively	34	34
Additional paid-in capital	476,689	475,461
Accumulated deficit	(430,616)	(417,422)
Accumulated Other Comprehensive Income (Loss), Net of Tax	13,613	17,173
Treasury stock, 129 and 211 shares, respectively, at cost	(463)	(861)
Total stockholders’ equity	59,257	74,385
Total liabilities and stockholders' equity	$ 139,672	$ 158,829

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $) In Thousands, except Share data, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Allowance for doubtful accounts	$ 986	$ 1,041
Preferred stock, par value (per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, issued	0	0
Preferred stock, outstanding	0	0
Common stock, par value (per share)	$ 0.001	$ 0.001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, issued	33,671,000	33,543,000
Treasury stock, shares	129,000	211,000

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Cash flows from operating activities:
Net income (loss)	$ (13,194)	$ (30,395)	$ (5,335)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization expenses	5,835	6,406	6,438
Impairment of long-lived assets	1,129	1,336	0
Provision for (recovery of) doubtful accounts	97	(13)	(149)
Provision for (benefit from) deferred income taxes	(102)	3,140	(310)
Stock-based compensation	1,325	2,090	2,574
Gains on sale of assets	(11,333)	0	(558)
Other, net	354	562	481
Changes in assets and liabilities, net of effect of dispositions:
Decrease (increase) in accounts receivable	(7,117)	19,442	27,144
Decrease (increase) in prepaid and other assets	(1,731)	1,227	3,448
Increase (decrease) in accounts payable, accrued expenses and other liabilities	4,213	(2,100)	(22,452)
Increase (decrease) in accrued business reorganization expenses	2,684	818	1,878
Net cash provided by (used in) operating activities	(17,840)	2,513	13,159
Cash flows from investing activities:
Capital expenditures	(5,346)	(2,557)	(8,647)
Proceeds from sale of assets, net of disposal costs	22,077	0	375
Net cash provided by (used in) investing activities	16,731	(2,557)	(8,272)
Cash flows from financing activities:
Borrowings under credit agreements	133,030	17,314	74,534
Repayments under credit agreements	(133,194)	(16,856)	(77,765)
Repayment of capital lease obligations	(500)	(467)	(443)
Payments for deferred financing costs	(454)	0	0
Purchase of restricted stock from employees	(138)	(488)	(600)
Net cash provided by (used in) financing activities	(1,256)	(497)	(4,274)
Effect of exchange rates on cash and cash equivalents	(1,024)	(734)	738
Net increase (decrease) in cash and cash equivalents	(3,389)	(1,275)	1,351
Cash and cash equivalents, beginning of the period	37,378	38,653	37,302
Cash and cash equivalents, end of the period	33,989	37,378	38,653
Supplemental disclosures of cash flow information:
Cash payments during the period for interest	442	235	333
Cash payments during the period for income taxes, net of refunds	$ 970	$ 1,047	$ 2,985

CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (USD $) In Thousands, unless otherwise specified	Total	Common stock	Additional paid-in capital	Accumulated deficit	Accumulated other comprehensive income (loss)	Treasury stock
Beginning Balance at Dec. 31, 2011	$ 107,357	$ 33	$ 470,786	$ (381,692)	$ 18,657	$ (427)
Beginning Balance (in shares) at Dec. 31, 2011		32,697
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(5,335)			(5,335)
Other comprehensive income (loss), translation adjustments	2,169				2,169
Other comprehensive income (loss), pension liability adjustment	(290)				(290)
Purchase of restricted stock from employees		(124)
Purchase of restricted stock from employees	(600)					(600)
Issuance of shares for 401(k) plan contribution (in shares)	124	124
Issuance of shares for 401(k) plan contribution	666		12			654
Stock-based compensation (in shares)		324
Stock-based compensation	2,574		2,574
Ending Balance at Dec. 31, 2012	106,541	33	473,372	(387,027)	20,536	(373)
Ending Balance (in shares) at Dec. 31, 2012		33,021
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(30,395)			(30,395)
Other comprehensive income (loss), translation adjustments	(3,623)				(3,623)
Other comprehensive income (loss), pension liability adjustment	260				260
Purchase of restricted stock from employees		(132)
Purchase of restricted stock from employees	(488)					(488)
Issuance of shares for 401(k) plan contribution (in shares)	0	0
Stock-based compensation (in shares)		443
Stock-based compensation	2,090	1	2,089
Ending Balance at Dec. 31, 2013	74,385	34	475,461	(417,422)	17,173	(861)
Ending Balance (in shares) at Dec. 31, 2013		33,332
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(13,194)			(13,194)
Other comprehensive income (loss), translation adjustments	(3,718)				(3,718)
Other comprehensive income (loss), pension liability adjustment	158				158
Purchase of restricted stock from employees		(36)
Purchase of restricted stock from employees	(129)					(129)
Issuance of shares for 401(k) plan contribution (in shares)	118	118
Issuance of shares for 401(k) plan contribution	430		(97)			527
Stock-based compensation (in shares)		128
Stock-based compensation	1,325		1,325
Ending Balance at Dec. 31, 2014	$ 59,257	$ 34	$ 476,689	$ (430,616)	$ 13,613	$ (463)
Ending Balance (in shares) at Dec. 31, 2014		33,542

DESCRIPTION OF BUSINESS	12 Months Ended
DESCRIPTION OF BUSINESS	Dec. 31, 2014
Description of Business [Abstract]
DESCRIPTION OF BUSINESS	DESCRIPTION OF BUSINESS Hudson Global, Inc. and its subsidiaries (the “Company”) are comprised of the operations, assets and liabilities of the three Hudson regional businesses of Hudson Americas, Hudson Asia Pacific, and Hudson Europe (“Hudson regional businesses” or “Hudson”). The Company provides specialized professional-level recruitment and related talent solutions worldwide. The Company’s core service offerings include Permanent Recruitment, Temporary Contracting, Recruitment Process Outsourcing (“RPO”) and Talent Management Solutions. As of December 31, 2014, the Company had approximately 1,800 employees operating in 18 countries with three reportable geographic business segments: Hudson Americas, Hudson Asia Pacific, and Hudson Europe. The Company’s core service offerings include those services described below. Permanent Recruitment: Offered on both a retained and contingent basis, Hudson’s Permanent Recruitment services leverage its consultants, psychologists and other professionals in the development and delivery of its proprietary methods to identify, select and engage the best-fit talent for critical client roles. Temporary Contracting: In Temporary Contracting, Hudson provides a range of project management, interim management and professional contract staffing services. These services draw upon a combination of specialized recruiting and project management competencies to deliver a wide range of solutions. Hudson-employed professionals - either individually or as a team - are placed with client organizations for a defined period of time based on a client's specific business need. RPO: Hudson RPO delivers both permanent recruitment and temporary contracting outsourced recruitment solutions tailored to the individual needs of primarily mid-to-large-cap multinational companies. Hudson RPO's delivery teams utilize state-of-the-art recruitment process methodologies and project management expertise in their flexible, turnkey solutions to meet clients' ongoing business needs. Hudson RPO services include complete recruitment outsourcing, project-based outsourcing, contingent workforce solutions and recruitment consulting. Talent Management Solutions: Featuring embedded proprietary talent assessment and selection methodologies, Hudson’s Talent Management capability encompasses services such as talent assessment (utilizing a variety of competency, attitude and experiential testing), interview training, executive coaching, employee development and outplacement.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

12 Months Ended

Dec. 31, 2014

Accounting Policies [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). Unless otherwise stated, amounts are presented in United States of America (“U.S.”) dollars and all amounts are in thousands, except for number of shares and per share amounts.

Certain prior year amounts have been reclassified to conform to the current year presentation for discontinued operations. See Note 3 for further details regarding the discontinued operations reclassification.

Principles of Consolidation

The Consolidated Financial Statements include the accounts of the Company and all of its wholly-owned and majority-owned subsidiaries. All significant inter-company accounts and transactions between and among the Company and its subsidiaries have been eliminated in consolidation.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the reported amounts of assets and liabilities, the disclosures about contingent assets and liabilities, and the reported amounts of revenue and expenses. Such estimates include the value of allowances for doubtful accounts, insurance recovery receivable, goodwill, intangible assets, and other long-lived assets, legal reserve and provision, estimated self-insured liabilities, assumptions used in the fair value of stock-based compensation and the valuation of deferred tax assets. These estimates and assumptions are based on management's best estimates and judgment. Management evaluates the estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment, which management believes to be reasonable under the circumstances. The Company adjusts such estimates and assumptions when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ significantly from those estimates.

Instability in the global credit markets, the instability in the geopolitical environment in many parts of the world and other factors may continue to put pressure on global economic conditions and may in turn impact the aforementioned estimates and assumptions.

Nature of Business and Credit Risk

The Company's revenue is earned from professional placement services, mid-level employee professional staffing and temporary contracting services and human capital services. These services are provided to a large number of customers in many different industries. The Company operates throughout North America, the United Kingdom, Continental Europe, Australia, New Zealand and Asia. During 2014, no single client accounted for more than 10% of the Company's total revenue. As of December 31, 2014, no single client accounted for more than 10% of the Company's outstanding accounts receivable.

Financial instruments, which potentially subject the Company to concentrations of credit risk, are primarily cash and accounts receivable. The Company performs continuing credit evaluations of its customers and does not require collateral. The Company has not experienced significant losses related to receivables.

Revenue Recognition

The Company recognizes revenue for temporary services at the time services are provided and revenue is recorded on a time and materials basis. Temporary contracting revenue is reported on a gross basis when the Company acts as the principal in the transaction and is at risk for collection in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification Topic (“ASC”) 605-45, “Overall Considerations of Reporting Revenue Gross as a Principal versus Net as an Agent.” The Company's revenues are derived from its gross billings, which are based on (i) the payroll cost of its worksite employees; and (ii) a markup computed as a percentage of the payroll cost.

The Company recognizes revenue for permanent placements based on the nature of the fee arrangement. Revenue generated when the Company permanently places an individual with a client on a contingent basis is recorded at the time of acceptance of employment, net of an allowance for estimated fee reversals. Revenue generated when the Company permanently places an individual with a client on a retained basis is recorded ratably over the period services are rendered, net of an allowance for estimated fee reversals.

ASC 605-45-50-3 and ASC 605-45-50-4, “Taxes Collected from Customers and Remitted to Governmental Authorities,” provide that the presentation of taxes on either a gross basis (included in revenue and expense) or net basis (excluded from revenue) is an accounting policy decision. The Company collects various taxes assessed by governmental authorities and records these amounts on a net basis.

Operating Expenses

Salaries and related expenses include the salaries, commissions, payroll taxes and employee benefits related to recruitment professionals, executive level employees, administrative staff and other employees of the Company who are not temporary contractors. Office and general expenses include occupancy, equipment leasing and maintenance, utilities, travel expenses, professional fees and provision for doubtful accounts. The Company expenses the costs of advertising and legal costs as incurred.

Stock-Based Compensation

The Company applies the fair value recognition provisions of ASC 718, "Compensation - Stock Compensation." The Company determines the fair value as of the grant date. For awards with graded vesting conditions, the values of the awards are determined by valuing each tranche separately and expensing each tranche over the required service period. The service period is the period over which the related service is performed, which is generally the same as the vesting period. The Company records stock-based compensation expense net of estimated forfeitures. The Company estimates its forfeiture rate based on historical data such as stock option exercise activities and employee termination patterns. The Company analyzed its historical forfeiture rate, the remaining lives of unvested awards and the amount of vested awards as a percentage of total awards outstanding. If the Company's actual forfeiture rate is materially different from its estimate, or if the Company reevaluates the forfeiture rate in the future, the stock-based compensation expense could be significantly different from what was recorded in the current periods.

In accordance with ASC 718, the Company reflects the tax savings resulting from tax deductions in excess of income tax benefits as a financing cash flow in its Consolidated Statement of Cash Flows, when applicable.

Income Taxes

Earnings from the Company's global operations are subject to tax in various jurisdictions both within and outside the United States. The Company accounts for income taxes in accordance with ASC 740, “Income Taxes”. This standard establishes financial accounting and reporting standards for the effects of income taxes that result from an enterprise's activities. It requires an asset and liability approach for financial accounting and reporting of income taxes.

The calculation of net deferred tax assets assumes sufficient future earnings for the realization of such assets as well as the continued application of currently anticipated tax rates. Included in net deferred tax assets is a valuation allowance for deferred tax assets where management believes it is more likely than not that the deferred tax assets will not be realized in the relevant jurisdiction. If we determine that a deferred tax asset will not be realizable, an adjustment to the deferred tax asset will result in a reduction of earnings at that time. See Note 6 to the Consolidated Financial Statements for further information regarding deferred tax assets and valuation allowance.

ASC 740-10-55-3, “Recognition and Measurement of Tax Positions - a Two Step Process,” provides implementation guidance related to the accounting for uncertainty in income taxes recognized in an enterprise's financial statements and prescribes a two-step evaluation process for a tax position taken or expected to be taken in a tax return. The first step is recognition and the second is measurement. ASC 740 also provides guidance on derecognition, measurement, classification, disclosures, transition and accounting for interim periods. The Company provides tax reserves for U.S. Federal, state and local and international unrecognized tax benefits for all periods subject to audit. The development of reserves for these exposures requires judgments about tax issues, potential outcomes and timing, and is a subjective critical estimate. The Company assesses its tax positions and records tax benefits for all years subject to examination based upon management's evaluation of the facts, circumstances, and information available at the reporting dates. For those tax positions where it is more likely than not that a tax benefit will be sustained, the Company has recorded the largest amount of tax benefit with a greater than 50% likelihood of being realized upon settlement with a tax authority that has full knowledge of all relevant information. For those tax positions where it is not more likely than not that a tax benefit will be sustained, no tax benefit has been recognized in the financial statements. Where applicable, associated interest and penalties have also been recognized. Although the outcome related to these exposures is uncertain, in management's opinion, adequate provisions for income taxes have been made for estimable potential liabilities emanating from these exposures. In certain circumstances, the ultimate outcome for exposures and risks involve significant uncertainties which render them inestimable. If actual outcomes differ materially from these estimates, including those that cannot be quantified, they could have material impact on the Company's results of operations.

U.S. Federal income and foreign withholding taxes have not been provided on the undistributed earnings of foreign subsidiaries. The Company intends to reinvest these earnings in its foreign operations indefinitely, except where it is able to repatriate these earnings to the United States without a material incremental tax provision. The determination and estimation of the future income tax consequences in all relevant taxing jurisdictions involves the application of highly complex tax laws in the countries involved, particularly in the United States, and is based on the tax profile of the Company in the year of earnings repatriation. Accordingly, it is not practicable to determine the amount of tax associated with such undistributed earnings.

Earnings (Loss) Per Share

Basic earnings (loss) per share (“EPS”) are computed by dividing the Company’s net income (loss) by the weighted average number of shares outstanding during the period. When the effects are not anti-dilutive, diluted earnings (loss) per share are computed by dividing the Company’s net income (loss) by the weighted average number of shares outstanding and the impact of all dilutive potential common shares, primarily stock options “in-the-money” and unvested restricted stock. The dilutive impact of stock options and unvested restricted stock is determined by applying the “treasury stock” method. Performance-based restricted stock awards are included in the computation of diluted earnings per share only to the extent that the underlying performance conditions: (i) are satisfied prior to the end of the reporting period, or (ii) would be satisfied if the end of the reporting period were the end of the related performance period and the result would be dilutive under the treasury stock method. Stock awards subject to vesting or exercisability based on the achievement of market conditions are included in the computation of diluted earnings per share only when the market conditions are met.

Income (loss) per share calculations for each quarter include the weighted average effect for the quarter; therefore, the sum of quarterly income (loss) per share amounts may not equal year-to-date income (loss) per share amounts, which reflect the weighted average effect on a year-to-date basis.

Fair Value of Financial Instruments

The carrying amounts reported in the Consolidated Balance Sheets for cash and cash equivalents, accounts receivable, accounts payable and short-term borrowings approximate fair value because of the immediate or short-term maturity of these financial instruments.

Cash and Cash Equivalents

For financial statement presentation purposes, the Company considers all highly liquid investments having an original maturity of three months or less as cash equivalents.

Accounts Receivable

The Company's accounts receivable balances are composed of trade and unbilled receivables. The Company maintains an allowance for doubtful accounts and makes ongoing estimates as to the ability to collect on the various receivables. If the Company determines that the allowance for doubtful accounts is not adequate to cover estimated losses, an expense to provide for doubtful accounts is recorded in office and general expenses. If an account is determined to be uncollectible, it is written off against the allowance for doubtful accounts. Management's assessment and judgment are vital requirements in assessing the ultimate realization of these receivables, including the current credit-worthiness, financial stability and effect of market conditions on each customer.

Property and Equipment

Property and equipment are stated at cost. Depreciation is computed primarily using the straight line method over the following estimated useful lives:



		Years
Furniture and equipment		3 - 8
Capitalized software costs		3 - 5
Computer equipment		2 - 5

Leasehold improvements are amortized over the shorter of their estimated useful lives or the lease term. The amortization periods of material leasehold improvements are estimated at the inception of the lease term.

Capitalized Software Costs

Capitalized software costs consist of costs to purchase and develop software for internal use. The Company capitalizes certain incurred software development costs in accordance with ASC 350-40, “Intangibles Goodwill and Other: Internal-Use Software.” Costs incurred during the application-development stage for software purchased and further customized by outside vendors for the Company's use and software developed by a vendor for the Company's proprietary use have been capitalized. Costs incurred for the Company's own personnel who are directly associated with software development are capitalized as appropriate. Capitalized software costs are included in property and equipment.

Long-Lived Assets

The Company evaluates the recoverability of the carrying value of its long-lived assets, excluding goodwill, whenever events or changes in circumstances indicate that the carrying value may not be recoverable. Under such circumstances, the Company assesses whether the projected undiscounted cash flows of its businesses are sufficient to recover the existing unamortized cost of its long-lived assets. If the undiscounted projected cash flows are not sufficient, the Company calculates the impairment amount by discounting the cash flows using its weighted average cost of capital. The amount of the impairment is written-off against earnings in the period in which the impairment has been determined in accordance with ASC 360-10-35, “Impairment or Disposal of Long-Lived Assets.”

Goodwill

ASC 350-20-35,“Intangibles-Goodwill and Other, Goodwill Subsequent Measurement,” requires that goodwill not be amortized but be tested for impairment on an annual basis, or more frequently if circumstances warrant. The Company tests goodwill for impairment annually as of October 1, or more frequently if circumstances indicate that its carrying value might exceed its current fair value. Per the provisions of ASC 350, the Company elects to first perform a qualitative assessment to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying value. In the qualitative assessment, the Company considers events and circumstances such as macroeconomic conditions, industry and market considerations, cost factors, overall financial performance and the trend of cash flows, other relevant company-specific events and the ''cushion'' between a reporting unit's fair value and carrying amount in the recent fair value calculation. If it is concluded that it is more likely than not that the fair value of a reporting unit is less than its carrying value, it is necessary to perform the currently prescribed two-step goodwill impairment test. Otherwise, the two-step goodwill impairment test is not required.

The first step of the goodwill impairment test, used to identify potential impairment, compares the fair value of a reporting unit with its carrying amount, including goodwill. The Company tests goodwill for impairment at the reporting unit level. A reporting unit is an operating segment or one level below an operating segment (referred to as a component). A component of an operating segment is a reporting unit if the component constitutes a business for which discrete financial information is available and segment management regularly reviews the operating results of that component. The Company's reporting units are the components within the reportable segments identified in Note 17.

If the fair value of a reporting unit exceeds its carrying amount, the second step of the impairment test is unnecessary. If the carrying amount of a reporting unit exceeds its fair value, the second step of the goodwill impairment test is performed to measure the amount of impairment loss, if any. Step two compares the implied fair value of the reporting unit's goodwill with the current carrying amount of that goodwill. If the carrying value of a reporting unit's goodwill exceeds its implied fair value, an impairment amount equal to the difference is recorded.

Foreign Currency Translation

The financial position and results of operations of the Company's international subsidiaries are determined using local currency as the functional currency. Assets and liabilities of these subsidiaries are translated at the exchange rate in effect at each year-end. Statements of Operations accounts are translated at the average rate of exchange prevailing during each period. Translation adjustments arising from the use of differing exchange rates from period to period are included in the accumulated other comprehensive income (loss) account in stockholders' equity, other than translation adjustments on short-term intercompany balances, which are included in other income (expense). Gains and losses resulting from other foreign currency transactions are included in other income (expense). Intercompany receivable balances of a long-term investment nature are considered part of the Company's permanent investment in a foreign jurisdiction and the gains or losses on these balances are reported in other comprehensive income.

Comprehensive Income (Loss)

Comprehensive income (loss) is defined to include all changes in equity except those resulting from investments by owners and distributions to owners. The Company's other comprehensive income (loss) is primarily comprised of foreign currency translation adjustments, which relate to investments that are permanent in nature, and changes in unrecognized pension and post-retirement benefit costs. To the extent that such amounts relate to investments that are permanent in nature, no adjustments for income taxes are made.

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

The entire disclosure for all significant accounting policies of the reporting entity.

+ References+ Details

DISCONTINUED OPERATIONS

12 Months Ended

Dec. 31, 2014

Discontinued Operations [Abstract]

NOTE 3 – DISCONTINUED OPERATIONS

Effective November 9, 2014, the Company completed the sale of substantially all of the assets and certain liabilities of its Legal eDiscovery business in the U.S and U.K. to Document Technologies, LLC and DTI of London Limited for $23,000 in cash, and recorded a gain of $11,333 in connection with the sale excluding customary working capital adjustments. Based on the terms of the asset purchase agreement, the Company will not have any significant continuing involvement in the operations of the Legal eDiscovery business after the disposal transaction. The Company expects that continuing cash flows will be eliminated within one year. In addition, the Company ceased operations in Sweden, which were included within the Hudson Europe segment, during the third quarter of 2014.

The Company concluded that the divestiture of the Legal eDiscovery business and the cessation of operations in Sweden meet the criteria for discontinued operations set forth in ASC No. 205, "Presentation of Financial Statements." The Company reclassified its discontinued operations for all periods presented and has excluded the results of its discontinued operations from continuing operations and from segment results for all periods presented.

The carrying amounts of the major classes of assets and liabilities from the Legal eDiscovery business and Sweden operations included as part of the discontinued operations were as follows:



	December 31, 2014						December 31, 2013
	eDiscovery		Sweden		Total		eDiscovery		Sweden		Total
Accounts receivable, net	$	—	$	—	$	—	$	9,143	$	291	$	9,434
Property and equipment, net	—		—		—		1,835		—		1,835
Other assets (a)	1,156		93		1,249		1,010		239		1,249
Total assets	$	1,156	$	93	$	1,249	$	11,988	$	530	$	12,518
Total liabilities	$	3,297	$	215	$	3,512	$	4,159	$	1,092	$	5,251


a.	As of December 31, 2014, other assets from Legal eDiscovery consisted primarily of estimated customary working capital adjustments in connection with the sale of the Legal eDiscovery business.

Reported results for the discontinued operations by period were as follows:



	For The Year Ended December 31,
	2014
	eDiscovery			Sweden			Total
Revenue	$	54,620		$	1,513		$	56,133
Gross margin	9,227			864			10,091
Reorganization expenses (a)	2,861			416			3,277
Impairment charges (b)	467			—			467
Operating income (loss), excluding gain (loss) from sale of business	(5,491		)	(1,087		)	(6,578		)
Other non-operating income (loss), including interest	(9		)	(33		)	(42		)
Gain (loss) from sale of discontinued operations	11,333			—			11,333
Income (loss) from discontinued operations before income taxes	5,833			(1,120		)	4,713
Provision (benefit) for income taxes (c)	2,121			—			2,121
Income (loss) from discontinued operations	$	3,712		$	(1,120	)	$	2,592



	For The Year Ended December 31,
	2013
	eDiscovery			Sweden			Total
Revenue	$	94,738		$	2,817		$	97,555
Gross margin	18,257			2,185			20,442
Reorganization expenses	849			432			1,281
Operating income (loss), excluding gain (loss) from sale of business	1,704			(1,312		)	392
Other non-operating income (loss), including interest	(46		)	—			(46		)
Gain (loss) from sale of discontinued operations	—			—			—
Income (loss) from discontinued operations before income taxes	1,658			(1,312		)	346
Provision (benefit) for income taxes (c)	530			—			530
Income (loss) from discontinued operations	$	1,128		$	(1,312	)	$	(184	)



	For The Year Ended December 31,
	2012
	eDiscovery			Sweden			Total
Revenue	$	119,644		$	2,060		$	121,704
Gross margin	25,294			1,778			27,072
Reorganization expenses	130			145			275
Operating income (loss), excluding gain (loss) from sale of business	4,500			(1,046		)	3,454
Other non-operating income (loss), including interest	(70		)	(72		)	(142		)
Gain (loss) from sale of discontinued operations	—			—			—
Income (loss) from discontinued operations before income taxes	4,430			(1,118		)	3,312
Provision (benefit) for income taxes (c)	1,425			—			1,425
Income (loss) from discontinued operations	$	3,005		$	(1,118	)	$	1,887


a.	2014 reorganization activities related to discontinued operations included elimination of 30 positions in the U.S. and Sweden as well as lease termination payments for offices in the U.S. and the U.K.


b.	As a result of the divestiture of the Company's Legal eDiscovery business in the fourth quarter of 2014, the Company recorded impairment charges related to assets no longer in use of $467 in the U.S. and U.K.


c.	Income tax expense is provided at the effective tax rate by taxing jurisdiction and differs from the U.S. statutory tax rate of 35% due to the inability of the Company to recognize tax benefits on losses in the U.S. and certain foreign jurisdictions, variations from the U.S. tax rate in foreign jurisdictions, non-deductible expenses and other miscellaneous taxes.

The entire disclosure for the facts and circumstances leading to the completed or expected disposal, manner and timing of disposal, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the segment in which the disposal group was reported, and the classification (whether sold or classified as held for sale) and carrying value of the assets and liabilities comprising the disposal group. Includes all disposal groups, including those classified as components of the entity (discontinued operations).

Revenue, Direct Costs and Gross Margin [Abstract]

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+ Details

REVENUE, DIRECT COSTS AND GROSS MARGIN

12 Months Ended

Dec. 31, 2014

REVENUE, DIRECT COSTS AND GROSS MARGIN

The Company’s revenue, direct costs and gross margin were as follows:



	For The Year Ended December 31,
	2014
	Temporary Contracting		Permanent Recruitment		Other		Total
Revenue	$	408,106	$	126,686	$	46,400	$	581,192
Direct costs (1)	345,586		2,369		10,392		358,347
Gross margin	$	62,520	$	124,317	$	36,008	$	222,845

	For The Year Ended December 31,
	2013
	Temporary Contracting		Permanent Recruitment		Other		Total
Revenue	$	407,178	$	113,301	$	42,093	$	562,572
Direct costs (1)	341,911		$	2,219	9,013		353,143
Gross margin	$	65,267	$	111,082	$	33,080	$	209,429

	For The Year Ended December 31,
	2012
	Temporary Contracting		Permanent Recruitment		Other		Total
Revenue	$	460,372	$	144,412	$	51,091	$	655,875
Direct costs (1)	383,778		$	2,811	11,493		398,082
Gross margin	$	76,594	$	141,601	$	39,598	$	257,793

(1)

STOCK-BASED COMPENSATION

12 Months Ended

Dec. 31, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

STOCK-BASED COMPENSATION

Equity Compensation Plans

The Company maintains the Hudson Global, Inc. 2009 Incentive Stock and Awards Plan (the “ISAP”) pursuant to which it can issue equity-based compensation incentives to eligible participants. The ISAP permits the granting of stock options, restricted stock, and restricted stock units as well as other types of equity-based awards. The Compensation Committee of the Company’s Board of Directors (the “Compensation Committee”) will establish such conditions as it deems appropriate on the granting or vesting of stock options or restricted stock. While the Company historically granted both stock options and restricted stock to its employees, since 2008 the Company has primarily granted restricted stock to its employees.

The Compensation Committee administers the ISAP and may designate any of the following as a participant under the ISAP: any officer or other employee of the Company or its affiliates or individuals engaged to become an officer or employee, consultants or other independent contractors who provide services to the Company or its affiliates and non-employee directors of the Company. As of December 31, 2014, there were 2,053,785 shares of the Company’s common stock available for future issuance.

All share issuances related to stock compensation plans are issued from the aforementioned stock available for future issuance under stockholder approved compensation plans.

A summary of the quantity and vesting conditions for restricted stock awards granted to its employees under the ISAP for the year ended December 31, 2014 was as follows:



Vesting conditions	Number of Shares of Restricted Stock Granted	Number of Restricted Stock Units Granted	Total
Performance and service conditions (1) (2)	476,500	85,000	561,500
Immediately vested	1,400	—	1,400
Vest 100% on the third anniversary of the grant date with service conditions only	5,000	—	5,000
Total shares of stock award granted	482,900	85,000	567,900


(1)	The performance conditions with respect to restricted stock may be satisfied as follows:


(a)	50% of the shares of restricted stock may be earned on the basis of performance as measured by a “Return on Gross Margin Ratio,” defined as the percentage (i) gross margin minus selling, general and administrative expenses for the year ended December 31, 2014 divided by the (i)) gross margin for the year ended December 31, 2014; and


(b)	50% of the shares of restricted stock may be earned on the basis of performance as measured by “Net Cash Position from Operations,” defined as net cash position from operations for the year ended December 31, 2014 excluding any proceeds from divestitures.


(2)	To the extent shares are earned on the basis of performance, such shares will vest on the basis of service as follows:


(a)	33% of the shares vest on March 1, 2015;


(b)	33% of the shares vest on March 1, 2016; and


(c)	34% of the shares vest on March 1, 2017; provided that, in each case, the employee remains employed by the Company from the grant date through the applicable service vesting date.

The Company also maintains the Director Deferred Share Plan (the “Director Plan”) pursuant to which it can issue restricted stock units to its non-employee directors. A restricted stock unit is equivalent to one share of the Company’s common stock and is payable only in common stock issued under the ISAP upon a director ceasing service as a member of the Board of Directors of the Company. During the year ended December 31, 2014, the Company granted 90,759 restricted stock units to its non-employee directors pursuant to the Director Plan.

For the years ended December 31, 2014, 2013 and 2012, the Company’s stock-based compensation expense related to stock options, restricted stock and restricted stock units, which are included under the caption “Salaries and related” in the accompanying Consolidated Statements of Operations and Other Comprehensive Income (Loss), were as follows:



	For The Year Ended December 31,
	2014		2013		2012
Stock options	$	85	$	354	$	704
Restricted stock	798		1,274		1,275
Restricted stock units	442		462		595
Total	$	1,325	$	2,090	$	2,574
Tax benefits recognized in jurisdictions where the Company has taxable income	$	98	$	130	$	105

As of December 31, 2014 and 2013, unrecognized compensation expense and weighted average period over which the compensation expense is expected to be recognized relating to the unvested portion of the Company's stock options, restricted stock, and restricted stock unit awards, in each case, based on the Company's historical valuation treatment, were as follows:



	As of December 31,
	2014			2013
	Unrecognized Expense		Weighted Average Period in Years	Unrecognized Expense		Weighted Average Period in Years
Stock options	$	—	—	$	85	0.36
Restricted stock	$	1,561	1.32	$	1,527	1.76
Restricted stock units	$	239	1.26	$	162	1.36

Stock Options

Stock options granted by the Company generally expire ten years after the date of grant and have an exercise price of at least 100% of the fair market value of the underlying share of common stock on the date of grant and generally vest ratably over a four-year period. Stock option assumptions are not provided above because there were no options granted during the years ended December 31, 2014, 2013 and 2012.

Changes in the Company’s stock options for the years ended December 31, 2014, 2013 and 2012 were as follows:



	For The Year Ended December 31,
	2014				2013				2012
	Number of Options		Weighted Average Exercise Price per Share		Number of Options		Weighted Average Exercise Price per Share		Number of Options		Weighted Average Exercise Price per Share
Options outstanding at January 1,	800,350		$	9.15	1,238,650		$	11.21	1,396,350		$	11.36
Granted	—		—		—		—		—		—
Expired	(43,550	)	15.50		(438,300	)	14.99		(157,700	)	12.55
Options outstanding at December 31,	756,800		$	8.78	800,350		$	9.15	1,238,650		$	11.21
Options exercisable at December 31,	756,800		$	8.78	600,350		$	10.47	838,650		$	13.96

The cash proceeds from the exercise of stock options, associated income tax benefits, and total intrinsic value for stock options exercised based on the closing price of the Company's common stock were nil for the years ended December 31, 2014, 2013 and 2012.

The weighted average remaining contractual term and the aggregated intrinsic value for stock options outstanding and exercisable as of December 31, 2014 and 2013 were as follows:



	As of December 31,
	2014			2013
	Remaining Contractual Term in Years	Aggregated Intrinsic Value		Remaining Contractual Term in Years	Aggregated Intrinsic Value
Stock options outstanding	4.04	$	—	4.89	$	—
Stock options exercisable	4.04	$	—	4.07	$	—

Restricted Stock

Changes in the Company’s restricted stock for the years ended December 31, 2014, 2013 and 2012 were as follows:



	For The Year Ended December 31,
	2014				2013				2012
	Number of Shares of Restricted Stock		Weighted Average Grant Date Fair Value		Number of Shares of Restricted Stock		Weighted Average Grant Date Fair Value		Number of Shares of Restricted Stock		Weighted Average Grant Date Fair Value
Unvested restricted stock at January 1,	997,802		$	3.00	1,028,916		$	4.87	1,166,082		$	5.12
Granted	482,900		3.22		883,321		2.44		638,230		4.59
Vested	(182,251	)	5.21		(406,158	)	5.09		(461,200	)	4.86
Forfeited	(494,452	)	2.39		(508,277	)	4.16		(314,196	)	5.26
Unvested restricted stock at December 31,	803,999		$	3.00	997,802		$	3.00	1,028,916		$	4.87

The total fair value of restricted stock vested during the years ended December 31, 2014, 2013 and 2012 were as follows:



	For The Year Ended December 31,
	2014		2013		2012
Fair value of restricted stock vested	$	669	$	1,596	$	2,239

Restricted Stock Units

Changes in the Company’s restricted stock units arising from grants to certain employees and non-employees directors for the years ended December 31, 2014, 2013 and 2012 were as follows:



	For The Year Ended December 31,
	2014				2013				2012
	Number of Shares of Restricted Stock Unit		Weighted Average Grant-Date Fair Value		Number of Shares of Restricted Stock Unit		Weighted Average Grant-Date Fair Value		Number of Shares of Restricted Stock Unit		Weighted Average Grant-Date Fair Value
Unvested restricted stock units at January 1,	115,869		$	3.65	100,000		$	5.18	100,000		$	5.18
Granted	175,759		3.40		175,860		2.90		76,023		5.13
Vested	(122,522	)	3.86		(154,991	)	3.81		(76,023	)	5.13
Forfeited	(49,166	)	2.42		(5,000	)	2.42		—		—
Unvested restricted stock units at December 31,	119,940		$	3.57	115,869		$	3.65	100,000		$	5.18

The total fair value of restricted stock units vested during the years ended December 31, 2014, 2013 and 2012 were as follows:



	For The Year Ended December 31,
	2014		2013		2012
Fair value of restricted stock units vested	$	436	$	461	$	390

Defined Contribution Plan and Employer-matching contributions

The Company maintains the Hudson Global, Inc. 401(k) Savings Plan (the “401(k) plan”). The 401(k) plan allows eligible employees to contribute up to 15% of their earnings to the 401(k) plan. The Company has the discretion to match employees’ contributions up to 3% of the employees' earnings through a contribution of the Company’s common stock. Vesting of the Company’s contribution occurs over a five-year period. For the years ended December 31, 2014, 2013 and 2012, the Company’s expenses and contributions to satisfy the prior years’ employer-matching liability for the 401(k) plan were as follows:



	For The Year Ended December 31,
($ in thousands, except otherwise stated)	2014		2013		2012
Expense recognized for the 401(k) plan	$	385	$	483	$	635
Contributions to satisfy prior years' employer-matching liability
Number of shares of the Company's common stock issued (in thousands)	118		—		124
Market value per share of the Company's common stock on contribution date (in dollars)	$	3.65	$	—	$	5.35
Non-cash contribution made for employer matching liability	$	430	$	—	$	666
Additional cash contribution made for employer-matching liability	—		651		—
Total contribution made for employer-matching liability	$	430	$	651	$	666

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References+ Details

INCOME TAXES

12 Months Ended

Dec. 31, 2014

Income Tax Disclosure [Abstract]

INCOME TAXES

Income Tax Provision

The domestic and foreign components of income (loss) before income taxes from continuing operations were as follows:



	Year ended December 31,
	2014			2013			2012
Domestic	$	(10,342	)	$	(7,622	)	$	(2,322	)
Foreign	(7,603		)	(19,325		)	(8,009		)
Income (loss) from continuing operations before provision for income taxes	$	(17,945	)	$	(26,947	)	$	(10,331	)

The provision for (benefit from) income taxes from continuing operations was as follows:



	Year ended December 31,
	2014			2013			2012
Current tax provision (benefit):
U.S. Federal	$	(1,712	)	$	(81	)	$	(714	)
State and local	(550		)	126			(3,296		)
Foreign	205			79			1,211
Total current provision for (benefit from) income taxes	(2,057		)	124			(2,799		)
Deferred tax provision (benefit):
U.S. Federal	—			—			—
State and local	—			—			—
Foreign	(102		)	3,140			(310		)
Total deferred provision for (benefit from) income taxes	(102		)	3,140			(310		)
Total provision for (benefit from) income taxes from continuing operations	$	(2,159	)	$	3,264		$	(3,109	)

Tax Rate Reconciliation

The effective tax rates for the years ended December 31, 2014, 2013 and 2012 were 12.0%, negative 12.1% and 30.1%, respectively. These effective tax rates differ from the U.S. Federal statutory rate of 35% due to the inability to recognize tax benefits on losses, state taxes, non-deductible expenses such as certain acquisition related payments, variations from the U.S. tax rate in foreign jurisdictions and taxes on repatriations of foreign profits. The following is a reconciliation of the effective tax rate from continuing operations for the years ended December 31, 2014, 2013 and 2012 to the U.S. Federal statutory rate of 35%:



	Year ended December 31,
	2014			2013			2012
Provision for (benefit from) continuing operations at Federal statutory rate of 35%	$	(6,281	)	$	(9,431	)	$	(3,616	)
State income taxes, net of Federal income tax effect	(357		)	(2		)	(2,143		)
Change in valuation allowance	(3,427		)	7,949			2,545
Taxes related to foreign income	5,628			949			(2,646		)
Nondeductible expenses and others	2,278			3,799			2,751
Provision for (benefit from) income tax	$	(2,159	)	$	3,264		$	(3,109	)

Deferred Taxes Assets (Liabilities)

Deferred income taxes are provided for the tax effect of temporary differences between the financial reporting basis and the tax basis of assets and liabilities. Net deferred tax assets were included in other current assets and other assets in the accompanying Consolidated Balance Sheets. Significant temporary differences at December 31, 2014 and 2013 were as follows:



	As of December 31,
	2014			2013
Current deferred tax assets (liabilities):
Allowance for doubtful accounts	$	124		$	201
Accrued and other current liabilities	1,444			1,057
Accrued compensation liabilities	2,925			1,972
Current deferred tax assets (liabilities), gross, total	4,493			3,230
Valuation allowance	(2,900		)	(1,689		)
Total current deferred tax asset, net of valuation allowance	1,593			1,541
Non-current deferred tax assets (liabilities):
Property and equipment	2,152			2,217
Goodwill and intangibles	7,825			10,990
Accrued and other non-current liabilities	2,138			2,410
Deferred compensation	2,581			2,542
Tax loss carry-forwards	146,644			149,296
Non-current deferred tax assets (liabilities), gross, total	161,340			167,455
Valuation allowance	(155,951		)	(160,590		)
Total non-current deferred tax asset (liabilities), net of valuation allowance	5,389			6,865
Deferred tax assets (liabilities), net of valuation allowance, total	$	6,982		$	8,406

Net Operating Losses (“NOLs”) and Valuation Allowance

At December 31, 2014, the Company had net NOLs for U.S. Federal tax purposes of approximately $306,579. This total includes approximately $16,584 of tax losses that were not absorbed by Monster Worldwide, Inc. ("Monster") on its consolidated U.S. Federal tax returns through the spin off of the Company on April 1, 2003. NOLs expire at various dates through 2034. The NOL balance does not include a deduction in the amount of $5,186 attributable to stock options and restricted stock until such time as the Company recognizes the deferred tax asset associated with such deduction. The Company's utilization of NOLs is subject to an annual limitation imposed by Section 382 of the Internal Revenue Code, which may limit our ability to utilize all of the existing NOLs before the expiration dates. As of December 31, 2014, certain international subsidiaries had NOLs for local tax purposes of $106,017. With the exception of $98,594 of NOLs with an indefinite carry forward period as of December 31, 2014, these losses will expire at various dates through 2034, with $1,520 scheduled to expire during 2015.

ASC 740-10-30-5 requires that a valuation allowance be established when it is more likely than not that all or a portion of a deferred tax asset will not be realized. In making this assessment, management considers the level of historical taxable income, scheduled reversal of deferred tax liabilities, tax planning strategies, and projected future taxable income. As of December 31, 2014, $142,444 of the valuation allowance relates to the deferred tax asset for NOLs, $116,500 of which is U.S. Federal and state, and $25,944 of which is foreign, that management has determined will more likely than not expire prior to realization. The remaining valuation allowance of $16,407 relates to deferred tax assets on U.S. and foreign temporary differences that management estimates will not be realized due to the Company's U.S. and foreign tax losses.

Uncertain Tax Positions

As of December 31, 2014 and 2013, the Company's unrecognized tax benefits, including interest and penalties, which would lower the Company’s annual effective income tax rate if recognized in the future, were as follows:



	As of December 31,
	2014		2013
Gross unrecognized tax benefits excluding interest and penalties	$	2,634	$	3,086
Reduction of unrecognized tax benefit (a)	$	791	$	—
Unrecognized tax benefits, excluding interest and penalties	$	1,843	$	3,086
Accrued interest and penalties	554		786
Total unrecognized tax benefits that would impact effective tax rate	$	2,397	$	3,872

(a)

In July 2013, the FASB issued ASU No. 2013-11, “Presentation of Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists, an amendment to FASB Accounting Standards Codification Topic 740, Income Taxes" ("ASU 2013-11"). ASU 2013-11 clarifies that an unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward if such settlement is required or expected in the event the uncertain tax position is disallowed. The Company adopted the ASU 2013-11 prospectively on January 1, 2014.

The following table shows a reconciliation of the beginning and ending amounts of unrecognized tax benefits, exclusive of interest and penalties:



Balance at January 1, 2014	$	3,086
Additions based on tax positions related to the current year	160
Additions for tax positions of prior years	—
Reductions for tax positions of prior years	—
Settlements	—
Lapse of statute of limitations	(431		)
Currency Translation	(181		)
Balance at December 31, 2014	$	2,634

Estimated interest and penalties classified as part of the provision for income taxes in the Company’s Consolidated Statements of Operations and Other Comprehensive Income (Loss) for the years ended December 31, 2014, 2013 and 2012 were as follows:



	Year ended December 31,
	2014			2013		2012
Expense for (benefit of) estimated interest and penalties related to unrecognized tax benefits	$	(150	)	$	108	$	(909	)

Based on information available as of December 31, 2014, it is reasonably possible that the total amount of unrecognized tax benefits could decrease in the range of $400 to $700 over the next 12 months as a result of projected resolutions of global tax examinations and controversies and potential lapses of the applicable statutes of limitations.

In many cases, the Company’s unrecognized tax benefits are related to tax years that remain subject to examination by the relevant tax authorities. Tax years with NOLs remain open until such losses expire or the statutes of limitations for those years when the NOLs are used or expire. As of December 31, 2014, the Company's open tax years remain subject to examination by the relevant tax authorities and currently under income tax examination were principally as follows:



		Year
Earliest tax years remain subject to examination by the relevant tax authorities:
U.S. Federal		2011
Other U.S. state and local jurisdictions		2010
U.K.		2013
Australia		2010
Majority of other foreign jurisdictions		2009

The Company believes that its tax reserves are adequate for all years subject to examination above.

EARNINGS (LOSS) PER SHARE

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References+ Details

EARNINGS (LOSS) PER SHARE

12 Months Ended

Dec. 31, 2014

Earnings Per Share [Abstract]

A reconciliation of the numerators and denominators of the basic and diluted earnings (loss) per share calculations were as follows:



	Year Ended
	December 31,
	2014			2013			2012
Earnings (loss) per share ("EPS"):
EPS - basic and diluted
Income (loss) from continuing operations	$	(0.48	)	$	(0.93	)	$	(0.22	)
Income (loss) from discontinued operations	0.08			(0.01		)	0.05
Net income (loss)	$	(0.40	)	$	(0.94	)	$	(0.17	)
EPS numerator - basic and diluted:
Income (loss) from continuing operations	$	(15,786	)	$	(30,211	)	$	(7,222	)
Income (loss) from discontinued operations, net of income taxes	2,592			(184		)	1,887
Net income (loss)	$	(13,194	)	$	(30,395	)	$	(5,335	)
EPS denominator (in thousands):
Weighted average common stock outstanding - basic	32,843			32,493			32,600
Common stock equivalents: stock options and other stock-based awards (a)	—			—			—
Weighted average number of common stock outstanding - diluted	32,843			32,493			32,600

(a)

For the periods in which net losses are presented, the diluted weighted average number of shares of common stock outstanding did not differ from the basic weighted average number of shares of common stock outstanding because the effects of any potential common stock equivalents (see Note 5 for further details on outstanding stock options, unvested restricted stock units and unvested restricted stock) were anti-dilutive and therefore not included in the calculation of the denominator of dilutive earnings per share.

The weighted average number of shares outstanding used in the computation of diluted net income (loss) per share for the years ended December 31, 2014, 2013 and 2012 did not include the effect of the following potentially outstanding shares of common stock because the effect would have been anti-dilutive:



	Year Ended
	December 31,
	2014	2013	2012
Unvested restricted stock	803,999	997,802	1,028,916
Unvested restricted stock units	119,940	115,869	100,000
Stock options	756,800	800,350	1,238,650
Total	1,680,739	1,914,021	2,367,566

Restricted Cash and Investments [Abstract]

The entire disclosure for earnings per share.

+ References+ Details

RESTRICTED CASH

12 Months Ended

Dec. 31, 2014

RESTRICTED CASH

A summary of the Company’s restricted cash included in the accompanying Consolidated Balance Sheets as of December 31, 2014 and 2013 was as follows:



	As of December 31,
	2014		2013
Included under the caption "Other assets":
Collateral accounts	$	618	$	619
Rental deposits	802		1,195
Total amount under the caption "Other assets":	$	1,420	$	1,814
Included under the caption "Prepaid and other":
Client guarantees	$	52	$	61
Other	123		172
Total amount under the caption "Prepaid and other"	$	175	$	233
Total restricted cash	$	1,595	$	2,047

Collateral accounts primarily include deposits held under a collateral trust agreement, which supports the Company’s workers’ compensation policy. The rental deposits with banks include amounts held as guarantees for the rent on the Company’s offices in the Netherlands and rental deposit from subtenants in the United Kingdom ("U.K."). Client guarantees were held in banks in Belgium as deposits for various client projects. Other primarily includes social tax payment reserves, which were held with banks for employee social tax payments required by law in the Netherlands.

PROPERTY AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment, Net [Abstract]

PROPERTY AND EQUIPMENT, NET

As of December 31, 2014 and 2013, property and equipment, net were as follows:



	As of December 31,
	2014		2013
Computer equipment	$	8,806	$	8,933
Furniture and equipment	5,352		5,438
Capitalized software costs	25,228		24,665
Leasehold and building improvements	21,368		16,794
	60,754		55,830
Less: accumulated depreciation and amortization	50,914		43,841
Property and equipment, net	$	9,840	$	11,989

The Company had expenditures of approximately $1,006 and $595 for acquired property and equipment, mainly consisting of software development, fixtures, computer equipment and leasehold improvements, which had not been placed in service as of December 31, 2014 and 2013, respectively. Depreciation expense is not recorded for such assets until they are placed in service.

Impairment of Long-Lived Assets

During the fourth quarter of 2014, the Company experienced continued declines in the operating results of certain markets. These events were deemed to be triggering events that required the Company to perform an impairment assessment with respect to long-lived assets, primarily property and equipment. With respect to these long-lived assets, the Company estimated future cash flows over their expected life, and determined whether, on an undiscounted basis, the expected cash flows exceeded their carrying value. When the assets' carrying amount exceeds their fair value, an impairment charge is recognized in the amount by which the carrying amount exceeds the fair value of the assets. The fair values of long-lived assets are based on the Company's own judgments about the assumptions that market participants would use in pricing the asset and on observable market data, when available. These measurements are classified as Level 3 within the fair value hierarchy. For the year ended December 31, 2014, the Company recorded charges for the impairment of long-lived assets of $662 within continuing operations under the caption “Impairment of long-lived assets” in the accompanying Consolidated Statements of Operations and Other Comprehensive Income (Loss), primarily from Hong Kong and France.

Non-Cash Capital Expenditures

The Company has acquired certain computer equipment under capital lease agreements. The current portion of the capital lease obligations are included under the caption “Accrued expenses and other current liabilities” in the Consolidated Balance Sheets and the non-current portion of the capital lease obligations are included under the caption “Other non-current liabilities” in the Consolidated Balance Sheets as of December 31, 2014 and 2013. A summary of the Company’s equipment acquired under capital lease agreements was as follows:



	As of December 31,
	2014		2013
Capital lease obligation, current	$	77	$	—
Capital lease obligation, non-current	$	348	$	—

The Company acquired $557 and $0 of property and equipment under capital lease agreements for the years ended December 31, 2014 and 2013, respectively. Capital expenditures for the year ended December 31, 2014 included $1,221 of landlord-funded tenant improvements for the Company's leased properties in Australia.

Goodwill and Intangible Assets Disclosure [Abstract]

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details

GOODWILL

12 Months Ended

Dec. 31, 2014

GOODWILL

The following is a summary of the changes in the carrying value of the Company’s goodwill, which was included under the caption of Other Assets in the accompanying Condensed Consolidated Balance Sheets, for the years ended December 31, 2014 and 2013. The goodwill is related to the Company’s acquisition of the businesses of Tong Zhi (Beijing) Consulting Service Ltd and Guangzhou Dong Li Consulting Service Ltd.



	Carrying Value
	2014			2013
Goodwill, January 1,	$	2,078		$	2,020
Currency translation	(49		)	58
Goodwill, December 31,	$	2,029		$	2,078

On October 1, 2014 and 2013, the Company applied ASU 2011-08, “Testing Goodwill for Impairment” and performed a quantitative and qualitative assessments, respectively, to determine whether it was more likely than not that the fair value of its China reporting unit was less than its carrying value. At the conclusion of its assessment, the Company determined that no impairment of goodwill existed in its China reporting unit as of October 1, 2014 and 2013. During the fourth quarter of 2014, the Company performed additional assessment with respect to goodwill and noted no negative triggering events. At the conclusion of its assessment, the Company determined that no impairment of goodwill existed in its China reporting unit as of December 31, 2014.

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

12 Months Ended

Dec. 31, 2014

Payables and Accruals [Abstract]

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

As of December 31, 2014 and 2013, the Company's accrued expenses and other current liabilities consisted of the following:



	December 31,
	2014		2013
Salaries, commissions and benefits	$	34,390	$	29,598
Sales, use and income taxes	8,492		10,677
Fees for professional services	1,912		1,324
Rent	1,519		1,731
Deferred revenue	1,167		1,635
Other accruals	6,585		6,952
Total accrued expenses and other liabilities	$	54,065	$	51,917

BUSINESS REORGANIZATION EXPENSES

12 Months Ended

Dec. 31, 2014

Restructuring and Related Activities [Abstract]

BUSINESS REORGANIZATION EXPENSES

NOTE 12 – BUSINESS REORGANIZATION EXPENSES

In April 2014, the Company engaged AlixPartners, LLP, (“AlixPartners”) to assist management in a comprehensive assessment of the Company’s organization and operations. In July 2014, in conjunction with the AlixPartners' review, the Company's Board of Directors (the “Board”) approved a program to restructure and realign the Company's cost base with current and anticipated future market conditions. At that time, the Board approved a $7,000 plan of reorganization at the regional and corporate level (the “2014 Plan”), with such charge to be increased as appropriate depending on the timing of other strategic actions, such as the sale of the Company's Legal eDiscovery business and formulation of action plans. Following the sale of the Company’s Legal eDiscovery business effective on November 9, 2014, the Company determined that additional restructuring actions were appropriate to align the Company’s cost base with its operations. Accordingly, in December 2014, the Board approved an increase of $4,100 for additional actions under the 2014 Plan and Discontinued Operations Exit Plan, consisting of actions for optimizations of existing real estate, including certain real estate related to the Company’s former Legal eDiscovery business which was recorded as discontinued operations (see Note 3 for further detail).

The Board previously approved other reorganization plans in 2012, 2009, 2008, and 2006 (“Previous Plans”) to streamline the Company’s support operations and included actions to reduce support functions to match them to the scale of the business, to exit underutilized properties and to eliminate contracts for certain discontinued services. These actions resulted in costs for lease termination payments, employee termination benefits and contract cancellations.

For the year ended December 31, 2014, restructuring charges associated with these initiatives primarily included employee separation costs for the elimination of 16 positions in Asia Pacific under the 2012 reorganization plan; employee separation costs for the elimination of 41 positions in Asia Pacific, Europe, the Americas and U.S. Corporate under the 2014 Plan; and lease termination payments for rationalized offices in the U.S. and Australia under the 2012 reorganization plan. The headcount reductions identified in these actions are expected to be completed in fiscal 2015. The payments include, but are not limited to, salaries, social pension fund payments, health care and unemployment insurance costs to be paid to or on behalf of the affected employees. The lease termination payments are expected to continue through the remaining lease terms.

Business reorganization expenses for the years ended December 31, 2014, 2013 and 2012 for the 2014 Plan and the Previous Plans, collectively, were as follows:



	Year Ended December 31,
	2014		2013		2012
Business reorganization expenses from continuing operations
Previous Plans	$	1,140	$	5,440	$	7,506
2014 Plan	2,649		—		—
Total business reorganization expenses from continuing operations	$	3,789	$	5,440	$	7,506

The following table contains amounts for Changes in Estimate, Additional Charges, and Payments related to prior restructuring plans that were incurred or recovered during the year ended December 31, 2014. The amounts for Changes in Estimate and Additional Charges are classified as business reorganization expenses in the Company’s Consolidated Statements of Operations and Other Comprehensive Income (Loss). Amounts in the “Payments” column represent primarily the cash payments associated with the reorganization plans. Changes in the accrued business reorganization expenses for the year ended December 31, 2014 were as follows:



	December 31, 2013		Changes in Estimate		Additional Charges		Payments			December 31, 2014
Lease termination payments	$	2,297	$	774	$	128	$	(1,207	)	$	1,992
Employee termination benefits	1,430		—		2,764		(2,422		)	1,772
Other associated costs	19		—		123		(142		)	—
Total	$	3,746	$	774	$	3,015	$	(3,771	)	$	3,764

Lease Termination Payments

The business reorganization expenses incurred for lease termination for the years ended December 31, 2014, 2013 and 2012 by segment were as follows:



Lease termination payments for the year ended December 31,	Hudson			Hudson		Hudson
Lease termination payments for the year ended December 31,	Americas			Asia Pacific		Europe		Corporate		Total
2014	$	91		$	771	$	40	$	—	$	902
2013	$	(22	)	$	445	$	713	$	—	$	1,136
2012	$	179		$	613	$	2,491	$	—	$	3,283

Employee Termination Benefits

The business reorganization expenses incurred for employee termination benefits for the years ended December 31, 2014, 2013 and 2012 by segment were as follows:



Employee termination benefits for the year ended December 31,	Hudson		Hudson		Hudson
	Americas		Asia Pacific		Europe		Corporate		Total
2014	$	3	$	510	$	1,285	$	966	$	2,764
2013	$	470	$	505	$	2,120	$	790	$	3,885
2012	$	681	$	674	$	2,394	$	359	$	4,108

Contract Cancellation Costs

The business reorganization expenses incurred for contract cancellation costs for the years ended December 31, 2014, 2013 and 2012 by segment were as follows:



Contract Cancellation Costs for the year ended December 31,	Hudson		Hudson			Hudson
Contract Cancellation Costs for the year ended December 31,	Americas		Asia Pacific			Europe		Corporate		Total
2014	$	—	$	40		$	83	$	—	$	123
2013	$	—	$	37		$	381	$	—	$	418
2012	$	16	$	(2	)	$	101	$	—	$	115

Commitments and Contingencies Disclosure [Abstract]

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

+ References+ Details

COMMITMENTS AND CONTINGENCIES

12 Months Ended

Dec. 31, 2014

COMMITMENTS AND CONTINGENCIES

Leases

The Company leases facilities and equipment under operating leases that expire at various dates through 2027. Some of the operating leases provide for increasing rents over the term of the lease. Total rent expense under these leases is recognized ratably over the lease terms. As of December 31, 2014, future minimum lease commitments under non-cancelable operating leases, which will be expensed as primarily in office and general expenses, were as follows:



2015	$	19,221
2016	16,563
2017	11,806
2018	10,621
2019	7,813
Thereafter	6,211
	$	72,235

Rent and related expenses for operating leases of facilities and equipment recorded under the caption “Office and general” in the accompanying Consolidated Statements of Operations were $14,834, $16,801, and $18,982 for the years ended December 31, 2014, 2013 and 2012, respectively. Commitments based in currencies other than U.S. dollars were translated using exchange rates as of December 31, 2014.

Asset Retirement Obligations

The Company has certain asset retirement obligations that are primarily the result of legal obligations for the removal of leasehold improvements and restoration of premises to their original condition upon termination of leases. The current portion of asset retirement obligations are included under the caption “Accrued expenses and other current liabilities” in the Consolidated Balance Sheets. The non-current portion of asset retirement obligations are included under the caption “Other non-current liabilities” in the Consolidated Balance Sheets. The Company’s asset retirement obligations that are included in the Consolidated Balance Sheets as of December 31, 2014 and 2013 were as follows:



	As of December 31,
	2014		2013
Total asset retirement obligations	$	2,461	$	2,509

Consulting and Employment Agreements

The Company has entered into various consulting, and employment agreements with certain key members of management. These agreements generally (i) are one year in length, (ii) contain restrictive covenants, (iii) under certain circumstances, provide for compensation and subject to providing the Company with a release, severance payments, and (iv) are automatically renewed annually unless either party gives sufficient notice of termination.

Litigation and Complaints

The Company is subject, from time to time, to various claims, lawsuits, contracts disputes and other complaints from, for example, clients, candidates, suppliers, landlords for both leased and subleased properties, former and current employees, and regulators or tax authorities arising in the ordinary course of business. The Company routinely monitors claims such as these, and records provisions for losses when the claim becomes probable and the amount due is estimable. Although the outcome of these claims cannot be determined, the Company believes that the final resolution of these matters will not have a material adverse effect on the Company’s financial condition, results of operations or liquidity.

For matters that have reached the threshold of probable and estimable, the Company has established reserves for legal, regulatory and other contingent liabilities. The Company’s reserves were $376 and $745 as of December 31, 2014 and 2013, respectively.

The entire disclosure for commitments and contingencies.

+ References+ Details

CREDIT AGREEMENTS

12 Months Ended

Dec. 31, 2014

Debt Disclosure [Abstract]

CREDIT AGREEMENTS

Credit Agreement with RBS Citizens Business Capital

The Company and certain of its North American and U.K. subsidiaries ("Loan Parties") had a senior secured revolving credit facility (as amended, the “Revolver Agreement”) with RBS Citizens Business Capital, a division of RBS Asset Finance, Inc. (“RBS”). The Revolver Agreement expired on August 5, 2014. On August 1, 2014, the Company entered into two credit facilities with Lloyds Bank PLC and Lloyds Bank Commercial Finance Ltd and Siena Lending Group, LLC to replace the Revolver Agreement.

Receivables Finance Agreement with Lloyds Bank Commercial Finance Limited and Lloyds Bank PLC

On August 1, 2014, the Company’s U.K. subsidiary (“U.K. Borrower”) entered into a receivables finance agreement for an asset-based lending funding facility (the “Lloyds Agreement”) with Lloyds Bank PLC and Lloyds Bank Commercial Finance Limited (together, “Lloyds”). The Lloyds Agreement provides the U.K. Borrower with the ability to borrow up to $23,369 (£15,000). Extensions of credit are based on a percentage of the eligible accounts receivable less required reserves from the Company's U.K. operations. The initial term is two years with renewal periods every three months thereafter. Borrowings under this facility are secured by substantially all of the assets of the U.K. Borrower.

The credit facility under the Lloyds Agreement contains two tranches. The first tranche is a revolving facility based on the billed temporary contracting and permanent recruitment activities in the U.K. operation ("Lloyds Tranche A"). The borrowing limit of Lloyds Tranche A is $18,695 (£12,000) based on 83% of eligible billed temporary contracting and permanent recruitment receivables. The second tranche is a revolving facility that is based on the unbilled work-in-progress (as defined under the receivables finance agreement) activities in the U.K. operation ("Lloyds Tranche B"). The borrowing limit of Lloyds Tranche B is $4,674 (£3,000) based on 75% of eligible work-in-progress from temporary contracting and 25% of eligible work-in-progress from the permanent recruitment. For both tranches, borrowings may be made with an interest rate based on a base rate as determined by Lloyds Bank PLC, based on the Bank of England base rate, plus 1.75%.

The Lloyds Agreement contains various restrictions and covenants including (1) that true credit note dilution may not exceed 5%, measured at audit on a regular basis; (2) debt turn may not exceed 55 days over a three month rolling period; (3) dividends by the U.K. Borrower to the Company are restricted to the value of post tax profits; and (4) at the end of each month, there must be a minimum excess availability of $3,116 (£2,000).

The details of the Lloyds Agreement as of December 31, 2014 were as follows:



	December 31, 2014
Borrowing capacity	$	9,539
Less: outstanding borrowing	—
Additional borrowing availability	$	9,539
Interest rates on outstanding borrowing	2.25		%

The Company was in compliance with all financial covenants under the Lloyds Agreement as of December 31, 2014.

Loan and Security Agreement with Siena Lending Group LLC

On August 1, 2014, the Company and its U.S. subsidiary (“U.S. Borrower”) entered into a loan and security agreement for a credit facility (the “Siena Agreement”) with Siena Lending Group LLC ("Siena"). The Siena Agreement provides the U.S. Borrower with the ability to borrow up to $10,000 (subject to a borrowing base and an availability block), including up to $1,000 for the issuance of letters of credit. After the sale of the Company’s Legal eDiscovery business on November 9, 2014, the aforementioned borrowing limit was reduced to $5,000 (subject to a borrowing base and an availability block). The availability block was $2,000 prior to the sale of the Company's Legal eDiscovery business and decreased to $1,000 after the sale of the Company's Legal eDiscovery business. The availability block will be eliminated on the date on which the U.S. Borrower notifies Siena that the U.S. Borrower’s Fixed Charge Coverage Ratio is equal to or greater than 1.1x on a trailing six month basis. Extensions of credit are based on borrowing base calculated on a percentage of the eligible accounts receivable less required reserves related to the U.S. operations. The term of the Siena Agreement is three years expiring on August 1, 2017. Borrowings may be made with an interest rate based on a base rate (with a floor of 3.25%) plus 1.75%. The interest rate for letters of credit is 4.5% on face amount of each letter of credit issued and outstanding. Borrowings under the Siena Agreement are secured by substantially all of the assets of the U.S. Borrower.

The Siena Agreement contains various restrictions and covenants including (1) a requirement that the U.S. Borrower maintain a Fixed Charge Coverage Ratio of equal to or greater than 1.1x after the date on which the U.S. Borrower notifies Siena that the U.S. Borrower’s Fixed Charge Coverage Ratio is equal to or greater than 1.1x on a trailing six month basis ; (2) a limit on the payment of dividends by the U.S. Borrower; (3) restrictions on the ability of the U.S. Borrower to incur additional debt, acquire, merge or otherwise change the ownership of the U.S. Borrower; (4) restrictions on investments and acquisitions; and (5) restrictions on dispositions of assets.

The details of the Siena Agreement as of December 31, 2014 were as follows:



	December 31, 2014
Borrowing base	$	2,919
Less: adjustments to the borrowing base
Minimum availability	(1,000		)
Outstanding letters of credits	(537		)
Adjusted borrowing base	1,382
Less: outstanding borrowing	—
Additional borrowing availability	$	1,382
Interest rates on outstanding borrowing	5.00		%

The Company was in compliance with all financial covenants under the Siena Agreement as of December 31, 2014.

Credit Agreement with Westpac Banking Corporation

On November 29, 2011, certain Australian and New Zealand subsidiaries of the Company entered into a facility agreement with Westpac Banking Corporation and Westpac New Zealand Limited (collectively, “Westpac”). On September 30, 2013, the Company and certain of its Australian and New Zealand subsidiaries entered into a waiver letter to waive compliance with a financial covenant contained in the facility agreement at the September 30, 2013 and December 31, 2013 testing dates, and on December 19, 2013, the Company and certain of its Australian and New Zealand subsidiaries entered into a Deed of Variation to the facility agreement to amend certain terms and conditions of the Facility Agreement. On December 2, 2014, the Company and certain Australian and New Zealand subsidiaries entered into a Third Deed of Variation to amend certain terms and conditions of the facility agreement (as amended, the “Facility Agreement”).

The Facility Agreement provides three tranches: (a) an invoice discounting facility of up to $8,171 (AUD10,000) (“Tranche A”) for an Australian subsidiary of the Company, which is based on an agreed percentage of eligible accounts receivable; (b) an overdraft facility of up to $1,559 (NZD2,000) (“Tranche B”) for a New Zealand subsidiary of the Company; and (c) a financial guarantee facility of up to $4,086 (AUD5,000) (“Tranche C”) for the Australian subsidiary.

The Facility Agreement does not have a stated maturity date and can be terminated by Westpac upon 90 days written notice. Borrowings under Tranche A may be made with an interest rate based on the Invoice Finance 30-day Bank Bill Rate (as defined in the Facility Agreement) plus a margin of 1.10%. Borrowings under Tranche B may be made with an interest rate based on the Commercial Lending Rate (as defined in the Facility Agreement) plus a margin of 1.83%. Each of Tranche A and Tranche B bears a fee, payable monthly, equal to 1.50% and 0.96%, respectively, of the size of Westpac’s commitment under such tranche. Borrowings under Tranche C may be made incurring a fee equal to 2.10% of the face value of the financial guarantee requested. Amounts owing under the Facility Agreement are secured by substantially all of the assets of the Australian subsidiary, its Australian parent company and the New Zealand subsidiary (collectively, the “Obligors”) and certain of their subsidiaries.

The details of the Facility Agreement as of December 31, 2014 were as follows:



	December 31, 2014
Tranche A:
Borrowing capacity	$	8,171
Less: outstanding borrowing	—
Additional borrowing availability	$	8,171
Interest rates on outstanding borrowing	4.78		%
Tranche B:
Borrowing capacity	$	1,559
Less: outstanding borrowing	—
Additional borrowing availability	$	1,559
Interest rates on outstanding borrowing	8.28		%
Tranche C:
Financial guarantee capacity	$	4,086
Less: outstanding financial guarantee requested	(2,511		)
Additional availability for financial guarantee	$	1,575
Interest rates on financial guarantee requested	2.10		%

The Facility Agreement contains various restrictions and covenants applicable to the Obligors and certain of their subsidiaries, including (a) a requirement that the Obligors maintain (1) a minimum Tangible Net Worth (as defined in the Facility Agreement) of not less than the higher of 85% of the Tangible Net Worth as of the last day of the previous calendar quarter and $14,299 (AUD17,500); (2) a minimum Fixed Charge Coverage Ratio (as defined in the Facility Agreement) of 1.5x; and (3) a maximum Borrowing Base Ratio (as defined in the Facility Agreement) as of the last day of each calendar quarter of not more than 0.8; and (b) a limitation on certain intercompany payments with permitted payments outside the Obligor group restricted to a defined amount derived from the net profits of the Obligors and their subsidiaries.

The Company was in compliance with all financial covenants under the Facility Agreement as of December 31, 2014.

Other Credit Agreements

The Company also has lending arrangements with local banks through its subsidiaries in the Netherlands, Belgium, and Singapore. As of December 31, 2014, the Netherlands subsidiary could borrow up to $1,775 (€1,467) based on an agreed percentage of accounts receivable related to its operations. The Belgium subsidiary had a $1,210 (€1,000) overdraft facility as of December 31, 2014. Borrowings under the Belgium and the Netherlands lending arrangements may be made using an interest rate based on the one month EURIBOR plus a margin, and the interest rate under each of these arrangements was 2.52% as of December 31, 2014. The lending arrangement in the Netherlands expires annually each June, but can be renewed for one year periods at that time. The lending arrangement in Belgium has no expiration date and can be terminated with a 15 day notice period. In Singapore, the Company’s subsidiary can borrow up to $377 (SGD500) for working capital purposes. Interest on borrowings under this overdraft facility is based on the Singapore Prime Rate plus a margin of 1.75%, which was 6.0% on December 31, 2014. The Singapore overdraft facility expires annually each August but can be renewed for one year periods at that time. The outstanding borrowings under the Netherlands, Belgium, and Singapore lending agreements were $0 as of December 31, 2014.

The average monthly outstanding borrowings for the credit agreements above was $4,584 for the year ended December 31, 2014. The weighted average interest rate on all outstanding borrowings for the year ended December 31, 2014 was 3.95%.

The Company continues to use the aforementioned credit to support its ongoing global working capital requirements, capital expenditures and other corporate purposes and to support letters of credit. Letters of credit and bank guarantees are used primarily to support office leases.

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) [Abstract]

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

12 Months Ended

Dec. 31, 2014

Comprehensive Income (Loss) Note [Text Block]

NOTE 15 – ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

Accumulated other comprehensive income (loss), net of tax, consisted of the following:



	December 31,
	2014		2013
Foreign currency translation adjustments	$	13,485	$	17,203
Pension plan obligations	128		(30		)
Accumulated other comprehensive income (loss)	$	13,613	$	17,173

For the years ended December 31, 2014 and 2013, the amounts of accumulated other comprehensive income (loss), which primarily pertained to pension plan obligations, were $0 and $63, respectively, and reclassified to the Consolidated Statement of Operations and Other Comprehensive Income (Loss) under the caption "Salaries and related" expenses.

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 11

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Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 14

-URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e681-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.3-04)

-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 15

-URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e689-108580

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

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+ Details

SHELF REGISTRATIONS AND STOCKHOLDER RIGHTS PLAN	12 Months Ended
SHELF REGISTRATIONS AND STOCKHOLDER RIGHTS PLAN	Dec. 31, 2014
Shelf Registrations Disclosure [Abstract]
SHELF REGISTRATIONS AND STOCKHOLDER RIGHTS PLAN	SHELF REGISTRATION AND STOCKHOLDER RIGHTS PLAN Acquisition Shelf Registration Statement The Company has a shelf registration on file with the SEC to enable it to issue up to 1,350,000 shares of its common stock from time to time in connection with acquisitions of businesses, assets or securities of other companies, whether by purchase, merger or any other form of acquisition or business combination. If any shares are issued using this shelf registration, the Company will not receive any proceeds from these offerings other than the assets, businesses or securities acquired. As of December 31, 2014, all of the 1,350,000 shares were available for issuance. Stockholder Rights Plan On February 5, 2005, the Board adopted a Rights Agreement between the Company and a rights agent (the "2005 Rights Agreement") and declared a dividend of one preferred share purchase right (a “Right”) for each outstanding share of common stock of the Company. The dividend was paid upon the close of business on February 28, 2005 to the stockholders of record on that date. Each Right entitles the registered holder to purchase from the Company one one-hundredth of a share of Series A Junior Participating Preferred Stock, par value $0.001 (“Preferred Shares”), of the Company, at a price of $8.50 per one one-hundredth of a Preferred Share, subject to adjustment. On January 15, 2015, the Board approved an amendment and restatement of the 2005 Rights Agreement by adopting an Amended and Restated Rights Agreement (the “Rights Agreement”) between the Company and a rights agent. The Board adopted the Rights Agreement in an effort to protect stockholder value by attempting to diminish the risk that the Company’s ability to use its net operating losses (“NOLs”) to reduce potential future federal income tax obligations may become substantially limited. If any person becomes a 4.99% or more stockholder of the Company, then each Right (subject to certain limitations) will entitle its holder to purchase, at the Right's then current exercise price, a number of shares of common stock of the Company or of the acquirer having a market value at the time of twice the Right's per share exercise price. The Company's Board of Directors may redeem the Rights for $0.001 per Right at any time prior to the time when the Rights become exercisable. The Rights will expire on the earliest of (i) the date of the Company’s 2015 annual meeting of stockholders (the “2015 Annual Meeting”) if the Company’s stockholders do not approve the Rights Agreement at the 2015 Annual Meeting, (ii) January 15, 2018, (iii) the time at which the Rights are redeemed as described above, (iv) the time at which the Rights are exchanged as described in the Rights Agreement, (v) the repeal of Section 382 of the Internal Revenue Code if the Board determines that the Rights Agreement is no longer necessary for the preservation of the Company’s NOLs, and (vi) the beginning of a taxable year of the Company to which the Board determines that no NOLs may be carried forward.

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

SEGMENT AND GEOGRAPHIC DATA

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+ Details

SEGMENT AND GEOGRAPHIC DATA

12 Months Ended

Dec. 31, 2014

Segment Reporting [Abstract]

Segment Reporting

The Company operates in three reportable segments: the Hudson regional businesses of Hudson Americas, Hudson Asia Pacific, and Hudson Europe. Corporate expenses are reported separately from the three reportable segments and pertain to certain functions, such as executive management, corporate governance, marketing, human resources, accounting, administration, tax and treasury, and have been allocated to the reportable segments to the extent which the costs are attributable to the reportable segments. Segment information is presented in accordance with ASC 280, “Segments Reporting.” This standard is based on a management approach that requires segmentation based upon the Company’s internal organization and disclosure of revenue and certain expenses based upon internal accounting methods. The Company’s financial reporting systems present various data for management to run the business, including internal profit and loss statements prepared on a basis not consistent with U.S. GAAP. Accounts receivable, net and long-lived assets are the only significant assets separated by segment for internal reporting purposes.



	Hudson Americas			Hudson Asia Pacific			Hudson Europe			Corporate			Inter- segment elimination			Total
For the Year Ended December 31, 2014
Revenue, from external customers	$	50,146		$	246,873		$	284,173		$	—		$	—		$	581,192
Inter-segment revenue	60			—			198			—			(258		)	—
Total revenue	$	50,206		$	246,873		$	284,371		$	—		$	(258	)	$	581,192
Gross margin, from external customers	$	20,757		$	93,014		$	109,074		$	—		$	—		$	222,845
Inter-segment gross margin	35			(143		)	108			—			—			—
Total gross margin	$	20,792		$	92,871		$	109,182		$	—		$	—		$	222,845
Business reorganization expenses (recovery)	$	94		$	1,322		$	1,407		$	966		$	—		$	3,789
Impairment of long-lived assets	$	—		$	314		$	348		$	—		$	—		$	662
EBITDA (loss) (a)	$	117		$	(890	)	$	(1,187	)	$	(9,765	)	$	—		$	(11,725	)
Depreciation and amortization	485			3,287			1,247			540			—			5,559
Intercompany interest income (expense), net	—			—			(439		)	439			—			—
Interest income (expense), net	(90		)	(199		)	(37		)	(335		)	—			(661		)
Income (loss) from continuing operations before income taxes	$	(458	)	$	(4,376	)	$	(2,910	)	$	(10,201	)	$	—		$	(17,945	)
Provision for (benefit from) income taxes	$	(2,201	)	$	11		$	35		$	(4	)	$	—		$	(2,159	)
As of December 31, 2014
Accounts receivable, net	$	6,695		$	26,745		$	40,639		$	—		$	—		$	74,079
Long-lived assets, net of accumulated depreciation and amortization	$	860		$	8,227		$	2,171		$	584		$	—		$	11,842
Total assets	$	10,553		$	54,141		$	65,105		$	9,873		$	—		$	139,672



	Hudson Americas			Hudson Asia Pacific			Hudson Europe			Corporate			Inter- segment elimination			Total
For the Year Ended December 31, 2013
Revenue, from external customers	$	51,857		$	232,748		$	277,967		$	—		$	—		$	562,572
Inter-segment revenue	(2		)	—			107			—			(105		)	—
Total revenue	$	51,855		$	232,748		$	278,074		$	—		$	(105	)	$	562,572
Gross margin, from external customers	$	18,692		$	87,162		$	103,575		$	—		$	—		$	209,429
Inter-segment gross margin	(4		)	(71		)	87			—			(12		)	—
Total gross margin	$	18,688		$	87,091		$	103,662		$	—		$	(12	)	$	209,429
Business reorganization expenses (recovery)	$	448		$	989		$	3,214		$	789		$	—		$	5,440
Impairment of long-lived assets	$	—		$	257		$	1,079		$	—		$	—		$	1,336
EBITDA (loss) (a)	$	(717	)	$	(3,227	)	$	(9,197	)	$	(7,330	)	$	—		$	(20,471	)
Depreciation and amortization	494			3,192			1,592			644			—			5,922
Intercompany interest income (expense), net	—			(1,254		)	(532		)	1,784			2			—
Interest income (expense), net	16			(183		)	27			(414		)	—			(554		)
Income (loss) from continuing operations before income taxes	$	(1,195	)	$	(7,856	)	$	(11,294	)	$	(6,604	)	$	2		$	(26,947	)
Provision for (benefit from) income taxes	61			3,489			(415		)	129			—			3,264
As of December 31, 2013
Accounts receivable, net	$	5,923		$	24,647		$	45,897		$	—		$	—		$	76,467
Long-lived assets, net of accumulated depreciation and amortization	$	604		$	9,179		$	3,494		$	763		$	—		$	14,040
Total assets	$	18,338		$	55,234		$	74,877		$	10,380		$	—		$	158,829



	Hudson Americas			Hudson Asia Pacific			Hudson Europe			Corporate			Inter- segment elimination			Total
For the Year Ended December 31, 2012
Revenue, from external customers	$	60,015		$	288,144		$	307,716		$	—		$	—		$	655,875
Inter-segment revenue	—			117			86			—			(203		)	—
Total revenue	$	60,015		$	288,261		$	307,802		$	—		$	(203	)	$	655,875
Gross margin, from external customers	$	22,026		$	117,428		$	118,339		$	—		$	—		$	257,793
Inter-segment gross margin	(14		)	12			2			—			—			—
Total gross margin	$	22,012		$	117,440		$	118,341		$	—		$	—		$	257,793
Business reorganization expenses (recovery)	$	877		$	1,285		$	4,986		$	358		$	—		$	7,506
Impairment of long-lived assets	$	—		$	—		$	—		$	—		$	—		$	—
EBITDA (loss) (a)	$	(1,124	)	$	5,354		$	(4,406	)	$	(3,612	)	$	—		$	(3,788	)
Depreciation and amortization	694			3,197			1,450			641			—			5,982
Intercompany interest income (expense), net	—			(3,988		)	(435		)	4,424			(1		)	—
Interest income (expense), net	11			(235		)	57			(394		)	—			(561		)
Income (loss) from continuing operations before income taxes	$	(1,807	)	$	(2,066	)	$	(6,234	)	$	(223	)	$	(1	)	$	(10,331	)
Provision for (benefit from) income taxes	$	(3,858	)	$	(527	)	$	858		$	418		$	—		$	(3,109	)
As of December 31, 2012
Accounts receivable, net	$	8,040		$	32,835		$	47,717		$	—		$	—		$	88,592
Long-lived assets, net of accumulated depreciation and amortization	$	966		$	12,909		$	5,046		$	635		$	—		$	19,556
Total assets	$	31,399		$	72,517		$	76,381		$	13,171		$	—		$	193,468

(a)

SEC Regulation S-K 229.10(e)1(ii)(A) defines EBITDA as earnings before interest, taxes, depreciation and amortization. EBITDA is presented to provide additional information to investors about the Company's operations on a basis consistent with the measures that the Company uses to manage its operations and evaluate its performance. Management also uses this measurement to evaluate working capital requirements. EBITDA should not be considered in isolation or as a substitute for operating income and net income prepared in accordance with U.S. GAAP or as a measure of the Company's profitability.

Geographic Data Reporting

A summary of revenues for the years ended December 31, 2014, 2013 and 2012 and long-lived assets and net assets by geographic area as of December 31, 2014, 2013 and 2012 were as follows:



Information by geographic region	United Kingdom		Australia		United States		Continental Europe		Other Asia Pacific		Other Americas		Total
For the Year Ended December 31, 2014
Revenue (a)	$	181,155	$	184,853	$	49,375	$	103,018	$	62,020	$	771	$	581,192
For the Year Ended December 31, 2013
Revenue (a)	$	180,084	$	169,998	$	50,859	$	97,883	$	62,750	$	998	$	562,572
For the Year Ended December 31, 2012
Revenue (a)	$	201,205	$	218,537	$	57,994	$	106,327	$	69,791	$	2,021	$	655,875
As of December 31, 2014
Long-lived assets, net (b)	$	1,834	$	5,404	$	1,429	$	330	$	2,823	$	22	$	11,842
Net assets	$	18,894	$	13,913	$	7,255	$	9,366	$	9,772	$	57	$	59,257
As of December 31, 2013
Long-lived assets, net (b)	$	2,890	$	5,838	$	1,338	$	593	$	3,341	$	40	$	14,040
Net assets	$	21,479	$	18,938	$	15,819	$	7,169	$	10,791	$	189	$	74,385
As of December 31, 2012
Long-lived assets, net (b)	$	3,629	$	9,015	$	1,552	$	1,409	$	3,895	$	56	$	19,556
Net assets	$	26,750	$	31,036	$	26,404	$	7,975	$	14,122	$	254	$	106,541


(a)	Revenue by geographic region disclosed above is net of any inter-segment revenue and, therefore, represents only revenue from external customers according to the location of the operating subsidiary.


(b)	Comprised of property and equipment and goodwill, net of accumulated depreciation and amortization. Corporate assets are included in the United States.

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

Selected Quarterly Financial Information [Abstract]

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+ Details

SELECTED QUARTERLY FINANCIAL DATA (unaudited)

12 Months Ended

Dec. 31, 2014

SELECTED QUARTERLY FINANCIAL DATA (unaudited)



	For The Year Ended December 31, 2014
	First quarter			Second quarter			Third quarter			Fourth quarter
Revenue	$	144,167		$	151,070		$	149,278		$	136,677
Gross margin	$	54,029		$	59,871		$	55,687		$	53,258
Operating income (loss)	$	(3,374	)	$	(2,865	)	$	(5,113	)	$	(6,134	)
Income (loss) from continuing operations	$	(4,112	)	$	(3,565	)	$	(4,570	)	$	(3,539	)
Net income (loss)	$	(4,544	)	$	(4,374	)	$	(7,019	)	$	2,743
Basic and diluted earnings (loss) per share from continuing operations	$	(0.13	)	$	(0.11	)	$	(0.14	)	$	(0.11	)
Basic and diluted earnings (loss) per share from discontinued operations	$	(0.01	)	$	(0.02	)	$	(0.07	)	$	0.19
Basic and diluted earnings (loss) per share	$	(0.14	)	$	(0.13	)	$	(0.21	)	$	0.08
Basic and diluted weighted average shares outstanding (in thousands)	32,641			32,752			32,910			32,995
Common stock equivalents and outstanding stock options excluded from the calculation of diluted earnings (loss) per share (in thousands)	1,274			1,207			1,176			1,681

	For The Year Ended December 31, 2013
	First quarter			Second quarter			Third quarter			Fourth quarter
Revenue	$	137,903		$	145,383		$	139,287		$	139,999
Gross margin	$	50,994		$	55,106		$	50,491		$	52,838
Operating income (loss)	$	(8,639	)	$	(5,941	)	$	(6,125	)	$	(6,447	)
Income (loss) from continuing operations	$	(8,007	)	$	(6,293	)	$	(5,584	)	$	(10,327	)
Net income (loss)	$	(8,242	)	$	(5,811	)	$	(5,047	)	$	(11,295	)
Basic and diluted earnings (loss) per share from continuing operations	$	(0.25	)	$	(0.19	)	$	(0.17	)	$	(0.32	)
Basic and diluted earnings (loss) per share from discontinued operations	$	—		$	0.01		$	0.02		$	(0.03	)
Basic and diluted earnings (loss) per share	$	(0.25	)	$	(0.18	)	$	(0.15	)	$	(0.35	)
Basic and diluted weighted average shares outstanding (in thousands)	32,344			32,717			32,600			32,600
Common stock equivalents and outstanding stock options excluded from the calculation of diluted earnings (loss) per share (in thousands)	1,725			1,972			2,191			1,914

Earnings (loss) per share calculations for each quarter include the weighted average effect for the quarter; therefore, the sum of quarterly earnings (loss) per share amounts may not equal year-to-date earnings (loss) per share amounts, which reflect the weighted average effect on a year-to-date basis.

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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SCHEDULE I - CONDENSED FINANCIAL INFORMATION OF THE REGISTRANT

12 Months Ended

Dec. 31, 2014

Condensed Financial Information of Parent Company Only Disclosure



HUDSON GLOBAL, INC.
CONDENSED STATEMENTS OF OPERATIONS (PARENT COMPANY ONLY)
(in thousands)

	Year Ended December 31,
	2014			2013			2012
Operating expenses:
Selling, general and administrative expenses	$	16,948		$	15,953		$	18,272
Depreciation and amortization	541			645			641
Business reorganization expenses	967			790			359
Operating loss	(18,456		)	(17,388		)	(19,272		)
Other income (expense):
Interest, net	103			105			43
Corporate costs allocation and other, net	8,150			9,412			15,016
Income (loss) from parent before provision for income taxes	(10,203		)	(7,871		)	(4,213		)
Provision for (benefit from) income taxes for parent company	(4		)	2			19
Equity in earnings (losses) of subsidiaries, net of income taxes	(2,995		)	(22,522		)	(1,103		)
Net income (loss)	$	(13,194	)	$	(30,395	)	$	(5,335	)

See notes to condensed financial statements.



HUDSON GLOBAL, INC.
CONDENSED BALANCE SHEETS (PARENT COMPANY ONLY)
(in thousands)

	December 31,
	2014		2013
ASSETS
Current assets:
Cash and cash equivalents	$	7,006	$	7,470
Prepaid and other	1,366		449
Total current assets	8,372		7,919
Property and equipment, net	584		1,694
Investment in and advances to/from subsidiaries	54,785		67,821
Other assets	917		766
Total assets	$	64,658	$	78,200

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable, accrued expenses and other current liabilities	4,937		$	2,621
Total current liabilities	4,937		2,621
Other non-current liabilities	464		1,194
Total liabilities	5,401		3,815
Stockholders’ equity	59,257		74,385
Total liabilities and stockholders' equity	$	64,658	$	78,200

See notes to condensed financial statements.



HUDSON GLOBAL, INC.
CONDENSED STATEMENTS OF CASH FLOWS (PARENT COMPANY ONLY)
(in thousands)

	For the Years Ended December 31,
	2014			2013			2012
Cash flows from operating activities:
Net income (loss)	$	(13,194	)	$	(30,395	)	$	(5,335	)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Dividends received from subsidiaries	—			2,341			6,255
Non-cash (income) losses from subsidiaries, net of taxes	2,995			22,522			1,103
Depreciation and amortization	541			645			641
Stock-based compensation	405			953			1,479
Other, net	248			368			368
Changes in assets and liabilities:
(Increase) decrease in prepaid and other assets	(744		)	144			1,151
(Increase) decrease in due from subsidiaries	11,910			10,409			(6,736		)
Increase (decrease) in accounts payable, accrued expenses and other liabilities	837			(1,597		)	(2,443		)
Increase (decrease) in accrued business reorganization expenses	793			134			40
Net cash provided by (used in) operating activities	3,791			5,524			(3,477		)
Cash flows from investing activities:
Capital expenditures	—			(368		)	(76		)
Advances to and investments in subsidiaries, net	(4,126		)	(6,673		)	—
Net cash provided by (used in) investing activities	(4,126		)	(7,041		)	(76		)
Cash flows from financing activities:
Borrowings under credit facility	22,081			514			6,862
Repayments under credit facility	(22,081		)	(514		)	(6,862		)
Purchase of restricted stock from employees	(129		)	(488		)	(600		)
Net cash provided by (used in) financing activities	(129		)	(488		)	(600		)
Net (decrease) increase in cash and cash equivalents	(464		)	(2,005		)	(4,153		)
Cash and cash equivalents, beginning of the period	7,470			9,475			13,628
Cash and cash equivalents, end of the period	$	7,006		$	7,470		$	9,475

See notes to condensed financial statements.

NOTE 1 - BASIS OF PRESENTATION

Hudson Global, Inc. (the “Parent Company”) is a holding company that conducts substantially all of its business through its subsidiaries. As specified in certain of its subsidiaries' credit agreements in the U.S., Netherlands, Australia and New Zealand, there are restrictions on the Parent Company's ability to obtain funds from certain of its subsidiaries through dividends, intercompany expenses or interest (refer to Note 14, “Credit Agreements”, to the Company's Consolidated Financial Statements). As of December 31, 2014, the Company was in a stockholders' equity position of $59,257, and approximately $26,436 constituted restricted net assets as defined in Rule 4-08(e)(3) of Regulation S-X. The restricted net assets of the Company's subsidiaries exceeded 25% of the consolidated net assets of the Company and its subsidiaries, thus requiring this Schedule I, “Condensed Financial Information of the Registrant.” Accordingly, the results of operations and cash flows for the years ended December 31, 2014, 2013 and 2012, and the balance sheets as of December 31, 2014 and 2013 have been presented on a “Parent-only” basis. In these statements, the Company's investments in its consolidated subsidiaries are presented under the equity method of accounting. The Parent-only financial statements should be read in conjunction with the Company's audited Consolidated Financial Statements included elsewhere herein.

NOTE 2 - DIVIDENDS RECEIVED

The Company received dividends of $0, $2,341 and $6,255 in 2014, 2013 and 2012, respectively, from its consolidated subsidiaries.

NOTE 3 - CREDIT AGREEMENTS

Several of the Company's subsidiaries have credit agreements with lenders. Borrowings under the credit agreements are based on an agreed percentage of eligible accounts receivable. The borrowings of the holding company with RBS Citizens Business Capital were secured by the accounts receivable of the Company's U.S. and U.K. subsidiaries and the agreement expired on August 5, 2014. Refer to Note 14, “Credit Agreements” to the Company's Consolidated Financial Statements for further details.

Valuation and Qualifying Accounts [Abstract]

The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document.

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SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2014

SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE II

VALUATION AND QUALIFYING ACCOUNTS

(IN THOUSANDS)



Column A	Column B		Column C		Column D	Column E
			Additions
	Balance at		Charged to			Balance at
	Beginning		Costs/Expenses			End
Descriptions	of Period		(Recoveries)		Deductions	of Period
Allowance for Doubtful Accounts
For the Year Ended December 31, 2014	$	1,108	98		220	$	986
For the Year Ended December 31, 2013	$	1,167	(13	)	46	$	1,108
For the Year Ended December 31, 2012	$	1,778	(76	)	535	$	1,167

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

12 Months Ended

Dec. 31, 2014

Accounting Policies [Abstract]

Basis of Presentation

Principles of Consolidation

Use of Estimates

Nature of Business and Credit Risk

Revenue Recognition

Operating Expenses

Stock-Based Compensation

Income Taxes

Earnings (Loss) Per Share

Fair Value of Financial Instruments

Cash and Cash Equivalents

For financial statement presentation purposes, the Company considers all highly liquid investments having an original maturity of three months or less as cash equivalents.

Accounts Receivable

Property and Equipment

Property and equipment are stated at cost. Depreciation is computed primarily using the straight line method over the following estimated useful lives:



		Years
Furniture and equipment		3 - 8
Capitalized software costs		3 - 5
Computer equipment		2 - 5

Capitalized Software Costs

Long-Lived Assets and Amortizable Intangibles

Long-Lived Assets

Goodwill

Foreign Currency Translation

Comprehensive Income (Loss)

DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Dec. 31, 2014

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

The carrying amounts of the major classes of assets and liabilities from the Legal eDiscovery business and Sweden operations included as part of the discontinued operations were as follows:



	December 31, 2014						December 31, 2013
	eDiscovery		Sweden		Total		eDiscovery		Sweden		Total
Accounts receivable, net	$	—	$	—	$	—	$	9,143	$	291	$	9,434
Property and equipment, net	—		—		—		1,835		—		1,835
Other assets (a)	1,156		93		1,249		1,010		239		1,249
Total assets	$	1,156	$	93	$	1,249	$	11,988	$	530	$	12,518
Total liabilities	$	3,297	$	215	$	3,512	$	4,159	$	1,092	$	5,251


a.	As of December 31, 2014, other assets from Legal eDiscovery consisted primarily of estimated customary working capital adjustments in connection with the sale of the Legal eDiscovery business.

Reported results for the discontinued operations by period were as follows:



	For The Year Ended December 31,
	2014
	eDiscovery			Sweden			Total
Revenue	$	54,620		$	1,513		$	56,133
Gross margin	9,227			864			10,091
Reorganization expenses (a)	2,861			416			3,277
Impairment charges (b)	467			—			467
Operating income (loss), excluding gain (loss) from sale of business	(5,491		)	(1,087		)	(6,578		)
Other non-operating income (loss), including interest	(9		)	(33		)	(42		)
Gain (loss) from sale of discontinued operations	11,333			—			11,333
Income (loss) from discontinued operations before income taxes	5,833			(1,120		)	4,713
Provision (benefit) for income taxes (c)	2,121			—			2,121
Income (loss) from discontinued operations	$	3,712		$	(1,120	)	$	2,592



	For The Year Ended December 31,
	2013
	eDiscovery			Sweden			Total
Revenue	$	94,738		$	2,817		$	97,555
Gross margin	18,257			2,185			20,442
Reorganization expenses	849			432			1,281
Operating income (loss), excluding gain (loss) from sale of business	1,704			(1,312		)	392
Other non-operating income (loss), including interest	(46		)	—			(46		)
Gain (loss) from sale of discontinued operations	—			—			—
Income (loss) from discontinued operations before income taxes	1,658			(1,312		)	346
Provision (benefit) for income taxes (c)	530			—			530
Income (loss) from discontinued operations	$	1,128		$	(1,312	)	$	(184	)



	For The Year Ended December 31,
	2012
	eDiscovery			Sweden			Total
Revenue	$	119,644		$	2,060		$	121,704
Gross margin	25,294			1,778			27,072
Reorganization expenses	130			145			275
Operating income (loss), excluding gain (loss) from sale of business	4,500			(1,046		)	3,454
Other non-operating income (loss), including interest	(70		)	(72		)	(142		)
Gain (loss) from sale of discontinued operations	—			—			—
Income (loss) from discontinued operations before income taxes	4,430			(1,118		)	3,312
Provision (benefit) for income taxes (c)	1,425			—			1,425
Income (loss) from discontinued operations	$	3,005		$	(1,118	)	$	1,887


a.	2014 reorganization activities related to discontinued operations included elimination of 30 positions in the U.S. and Sweden as well as lease termination payments for offices in the U.S. and the U.K.


b.	As a result of the divestiture of the Company's Legal eDiscovery business in the fourth quarter of 2014, the Company recorded impairment charges related to assets no longer in use of $467 in the U.S. and U.K.


c.	Income tax expense is provided at the effective tax rate by taxing jurisdiction and differs from the U.S. statutory tax rate of 35% due to the inability of the Company to recognize tax benefits on losses in the U.S. and certain foreign jurisdictions, variations from the U.S. tax rate in foreign jurisdictions, non-deductible expenses and other miscellaneous taxes.

Revenue, Direct Costs and Gross Margin [Abstract]

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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REVENUE, DIRECT COSTS AND GROSS MARGIN (Tables)

12 Months Ended

Dec. 31, 2014

Revenue, direct costs and gross margin

The Company’s revenue, direct costs and gross margin were as follows:



	For The Year Ended December 31,
	2014
	Temporary Contracting		Permanent Recruitment		Other		Total
Revenue	$	408,106	$	126,686	$	46,400	$	581,192
Direct costs (1)	345,586		2,369		10,392		358,347
Gross margin	$	62,520	$	124,317	$	36,008	$	222,845

	For The Year Ended December 31,
	2013
	Temporary Contracting		Permanent Recruitment		Other		Total
Revenue	$	407,178	$	113,301	$	42,093	$	562,572
Direct costs (1)	341,911		$	2,219	9,013		353,143
Gross margin	$	65,267	$	111,082	$	33,080	$	209,429

	For The Year Ended December 31,
	2012
	Temporary Contracting		Permanent Recruitment		Other		Total
Revenue	$	460,372	$	144,412	$	51,091	$	655,875
Direct costs (1)	383,778		$	2,811	11,493		398,082
Gross margin	$	76,594	$	141,601	$	39,598	$	257,793

(1)

STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2014

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Quantity and vesting conditions for shares of restricted stock granted

A summary of the quantity and vesting conditions for restricted stock awards granted to its employees under the ISAP for the year ended December 31, 2014 was as follows:



Vesting conditions	Number of Shares of Restricted Stock Granted	Number of Restricted Stock Units Granted	Total
Performance and service conditions (1) (2)	476,500	85,000	561,500
Immediately vested	1,400	—	1,400
Vest 100% on the third anniversary of the grant date with service conditions only	5,000	—	5,000
Total shares of stock award granted	482,900	85,000	567,900


(1)	The performance conditions with respect to restricted stock may be satisfied as follows:


(a)	50% of the shares of restricted stock may be earned on the basis of performance as measured by a “Return on Gross Margin Ratio,” defined as the percentage (i) gross margin minus selling, general and administrative expenses for the year ended December 31, 2014 divided by the (i)) gross margin for the year ended December 31, 2014; and


(b)	50% of the shares of restricted stock may be earned on the basis of performance as measured by “Net Cash Position from Operations,” defined as net cash position from operations for the year ended December 31, 2014 excluding any proceeds from divestitures.


(2)	To the extent shares are earned on the basis of performance, such shares will vest on the basis of service as follows:


(a)	33% of the shares vest on March 1, 2015;


(b)	33% of the shares vest on March 1, 2016; and


(c)	34% of the shares vest on March 1, 2017; provided that, in each case, the employee remains employed by the Company from the grant date through the applicable service vesting date.

Schedule of stock-based compensation expense



	For The Year Ended December 31,
	2014		2013		2012
Stock options	$	85	$	354	$	704
Restricted stock	798		1,274		1,275
Restricted stock units	442		462		595
Total	$	1,325	$	2,090	$	2,574
Tax benefits recognized in jurisdictions where the Company has taxable income	$	98	$	130	$	105

Schedule of unrecognized compensation cost, nonvested awards



	As of December 31,
	2014			2013
	Unrecognized Expense		Weighted Average Period in Years	Unrecognized Expense		Weighted Average Period in Years
Stock options	$	—	—	$	85	0.36
Restricted stock	$	1,561	1.32	$	1,527	1.76
Restricted stock units	$	239	1.26	$	162	1.36

Changes in stock options

Changes in the Company’s stock options for the years ended December 31, 2014, 2013 and 2012 were as follows:



	For The Year Ended December 31,
	2014				2013				2012
	Number of Options		Weighted Average Exercise Price per Share		Number of Options		Weighted Average Exercise Price per Share		Number of Options		Weighted Average Exercise Price per Share
Options outstanding at January 1,	800,350		$	9.15	1,238,650		$	11.21	1,396,350		$	11.36
Granted	—		—		—		—		—		—
Expired	(43,550	)	15.50		(438,300	)	14.99		(157,700	)	12.55
Options outstanding at December 31,	756,800		$	8.78	800,350		$	9.15	1,238,650		$	11.21
Options exercisable at December 31,	756,800		$	8.78	600,350		$	10.47	838,650		$	13.96

Weighted average remaining contractual term and Instrinsic value of stock options

The weighted average remaining contractual term and the aggregated intrinsic value for stock options outstanding and exercisable as of December 31, 2014 and 2013 were as follows:



	As of December 31,
	2014			2013
	Remaining Contractual Term in Years	Aggregated Intrinsic Value		Remaining Contractual Term in Years	Aggregated Intrinsic Value
Stock options outstanding	4.04	$	—	4.89	$	—
Stock options exercisable	4.04	$	—	4.07	$	—

Changes in restricted stock

Changes in the Company’s restricted stock for the years ended December 31, 2014, 2013 and 2012 were as follows:



	For The Year Ended December 31,
	2014				2013				2012
	Number of Shares of Restricted Stock		Weighted Average Grant Date Fair Value		Number of Shares of Restricted Stock		Weighted Average Grant Date Fair Value		Number of Shares of Restricted Stock		Weighted Average Grant Date Fair Value
Unvested restricted stock at January 1,	997,802		$	3.00	1,028,916		$	4.87	1,166,082		$	5.12
Granted	482,900		3.22		883,321		2.44		638,230		4.59
Vested	(182,251	)	5.21		(406,158	)	5.09		(461,200	)	4.86
Forfeited	(494,452	)	2.39		(508,277	)	4.16		(314,196	)	5.26
Unvested restricted stock at December 31,	803,999		$	3.00	997,802		$	3.00	1,028,916		$	4.87

Changes in restricted stock units

Changes in the Company’s restricted stock units arising from grants to certain employees and non-employees directors for the years ended December 31, 2014, 2013 and 2012 were as follows:



	For The Year Ended December 31,
	2014				2013				2012
	Number of Shares of Restricted Stock Unit		Weighted Average Grant-Date Fair Value		Number of Shares of Restricted Stock Unit		Weighted Average Grant-Date Fair Value		Number of Shares of Restricted Stock Unit		Weighted Average Grant-Date Fair Value
Unvested restricted stock units at January 1,	115,869		$	3.65	100,000		$	5.18	100,000		$	5.18
Granted	175,759		3.40		175,860		2.90		76,023		5.13
Vested	(122,522	)	3.86		(154,991	)	3.81		(76,023	)	5.13
Forfeited	(49,166	)	2.42		(5,000	)	2.42		—		—
Unvested restricted stock units at December 31,	119,940		$	3.57	115,869		$	3.65	100,000		$	5.18

Schedule of expenses and contributions for the prior years' employer-matching liability for the 401(k) plan

For the years ended December 31, 2014, 2013 and 2012, the Company’s expenses and contributions to satisfy the prior years’ employer-matching liability for the 401(k) plan were as follows:



	For The Year Ended December 31,
($ in thousands, except otherwise stated)	2014		2013		2012
Expense recognized for the 401(k) plan	$	385	$	483	$	635
Contributions to satisfy prior years' employer-matching liability
Number of shares of the Company's common stock issued (in thousands)	118		—		124
Market value per share of the Company's common stock on contribution date (in dollars)	$	3.65	$	—	$	5.35
Non-cash contribution made for employer matching liability	$	430	$	—	$	666
Additional cash contribution made for employer-matching liability	—		651		—
Total contribution made for employer-matching liability	$	430	$	651	$	666

Restricted stock

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Disclosure of share based compensation arrangements other than options fair value vested

The total fair value of restricted stock vested during the years ended December 31, 2014, 2013 and 2012 were as follows:



	For The Year Ended December 31,
	2014		2013		2012
Fair value of restricted stock vested	$	669	$	1,596	$	2,239

Restricted stock units

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Disclosure of share based compensation arrangements other than options fair value vested

The total fair value of restricted stock units vested during the years ended December 31, 2014, 2013 and 2012 were as follows:



	For The Year Ended December 31,
	2014		2013		2012
Fair value of restricted stock units vested	$	436	$	461	$	390

INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2014

Income Tax Disclosure [Abstract]

Schedule of income before income tax, domestic and foreign

The domestic and foreign components of income (loss) before income taxes from continuing operations were as follows:



	Year ended December 31,
	2014			2013			2012
Domestic	$	(10,342	)	$	(7,622	)	$	(2,322	)
Foreign	(7,603		)	(19,325		)	(8,009		)
Income (loss) from continuing operations before provision for income taxes	$	(17,945	)	$	(26,947	)	$	(10,331	)

Schedule of components of income tax expense (benefit)

The provision for (benefit from) income taxes from continuing operations was as follows:



	Year ended December 31,
	2014			2013			2012
Current tax provision (benefit):
U.S. Federal	$	(1,712	)	$	(81	)	$	(714	)
State and local	(550		)	126			(3,296		)
Foreign	205			79			1,211
Total current provision for (benefit from) income taxes	(2,057		)	124			(2,799		)
Deferred tax provision (benefit):
U.S. Federal	—			—			—
State and local	—			—			—
Foreign	(102		)	3,140			(310		)
Total deferred provision for (benefit from) income taxes	(102		)	3,140			(310		)
Total provision for (benefit from) income taxes from continuing operations	$	(2,159	)	$	3,264		$	(3,109	)

Schedule of effective income tax rate reconciliation

The following is a reconciliation of the effective tax rate from continuing operations for the years ended December 31, 2014, 2013 and 2012 to the U.S. Federal statutory rate of 35%:



	Year ended December 31,
	2014			2013			2012
Provision for (benefit from) continuing operations at Federal statutory rate of 35%	$	(6,281	)	$	(9,431	)	$	(3,616	)
State income taxes, net of Federal income tax effect	(357		)	(2		)	(2,143		)
Change in valuation allowance	(3,427		)	7,949			2,545
Taxes related to foreign income	5,628			949			(2,646		)
Nondeductible expenses and others	2,278			3,799			2,751
Provision for (benefit from) income tax	$	(2,159	)	$	3,264		$	(3,109	)

Schedule of deferred tax assets and liabilities



	As of December 31,
	2014			2013
Current deferred tax assets (liabilities):
Allowance for doubtful accounts	$	124		$	201
Accrued and other current liabilities	1,444			1,057
Accrued compensation liabilities	2,925			1,972
Current deferred tax assets (liabilities), gross, total	4,493			3,230
Valuation allowance	(2,900		)	(1,689		)
Total current deferred tax asset, net of valuation allowance	1,593			1,541
Non-current deferred tax assets (liabilities):
Property and equipment	2,152			2,217
Goodwill and intangibles	7,825			10,990
Accrued and other non-current liabilities	2,138			2,410
Deferred compensation	2,581			2,542
Tax loss carry-forwards	146,644			149,296
Non-current deferred tax assets (liabilities), gross, total	161,340			167,455
Valuation allowance	(155,951		)	(160,590		)
Total non-current deferred tax asset (liabilities), net of valuation allowance	5,389			6,865
Deferred tax assets (liabilities), net of valuation allowance, total	$	6,982		$	8,406

Summary of income tax contingencies



	As of December 31,
	2014		2013
Gross unrecognized tax benefits excluding interest and penalties	$	2,634	$	3,086
Reduction of unrecognized tax benefit (a)	$	791	$	—
Unrecognized tax benefits, excluding interest and penalties	$	1,843	$	3,086
Accrued interest and penalties	554		786
Total unrecognized tax benefits that would impact effective tax rate	$	2,397	$	3,872

Summary of income tax contingencies

The following table shows a reconciliation of the beginning and ending amounts of unrecognized tax benefits, exclusive of interest and penalties:



Balance at January 1, 2014	$	3,086
Additions based on tax positions related to the current year	160
Additions for tax positions of prior years	—
Reductions for tax positions of prior years	—
Settlements	—
Lapse of statute of limitations	(431		)
Currency Translation	(181		)
Balance at December 31, 2014	$	2,634

Uncertain tax position interest and penalties



	Year ended December 31,
	2014			2013		2012
Expense for (benefit of) estimated interest and penalties related to unrecognized tax benefits	$	(150	)	$	108	$	(909	)

Open years subject to tax examination

As of December 31, 2014, the Company's open tax years remain subject to examination by the relevant tax authorities and currently under income tax examination were principally as follows:



		Year
Earliest tax years remain subject to examination by the relevant tax authorities:
U.S. Federal		2011
Other U.S. state and local jurisdictions		2010
U.K.		2013
Australia		2010
Majority of other foreign jurisdictions		2009

EARNINGS (LOSS) PER SHARE (Tables)

12 Months Ended

Dec. 31, 2014

Earnings Per Share [Abstract]

Schedule of earnings per share, basic and diluted

A reconciliation of the numerators and denominators of the basic and diluted earnings (loss) per share calculations were as follows:



	Year Ended
	December 31,
	2014			2013			2012
Earnings (loss) per share ("EPS"):
EPS - basic and diluted
Income (loss) from continuing operations	$	(0.48	)	$	(0.93	)	$	(0.22	)
Income (loss) from discontinued operations	0.08			(0.01		)	0.05
Net income (loss)	$	(0.40	)	$	(0.94	)	$	(0.17	)
EPS numerator - basic and diluted:
Income (loss) from continuing operations	$	(15,786	)	$	(30,211	)	$	(7,222	)
Income (loss) from discontinued operations, net of income taxes	2,592			(184		)	1,887
Net income (loss)	$	(13,194	)	$	(30,395	)	$	(5,335	)
EPS denominator (in thousands):
Weighted average common stock outstanding - basic	32,843			32,493			32,600
Common stock equivalents: stock options and other stock-based awards (a)	—			—			—
Weighted average number of common stock outstanding - diluted	32,843			32,493			32,600

(a)

Schedule of antidilutive securities excluded from computation of earnings per share



	Year Ended
	December 31,
	2014	2013	2012
Unvested restricted stock	803,999	997,802	1,028,916
Unvested restricted stock units	119,940	115,869	100,000
Stock options	756,800	800,350	1,238,650
Total	1,680,739	1,914,021	2,367,566

RESTRICTED CASH (Tables)

12 Months Ended

Dec. 31, 2014

Restricted Cash and Investments [Abstract]

Schedule of restricted cash and cash equivalents

A summary of the Company’s restricted cash included in the accompanying Consolidated Balance Sheets as of December 31, 2014 and 2013 was as follows:



	As of December 31,
	2014		2013
Included under the caption "Other assets":
Collateral accounts	$	618	$	619
Rental deposits	802		1,195
Total amount under the caption "Other assets":	$	1,420	$	1,814
Included under the caption "Prepaid and other":
Client guarantees	$	52	$	61
Other	123		172
Total amount under the caption "Prepaid and other"	$	175	$	233
Total restricted cash	$	1,595	$	2,047

PROPERTY AND EQUIPMENT, NET (Tables)

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment, Net [Abstract]

Property, plant and equipment

As of December 31, 2014 and 2013, property and equipment, net were as follows:



	As of December 31,
	2014		2013
Computer equipment	$	8,806	$	8,933
Furniture and equipment	5,352		5,438
Capitalized software costs	25,228		24,665
Leasehold and building improvements	21,368		16,794
	60,754		55,830
Less: accumulated depreciation and amortization	50,914		43,841
Property and equipment, net	$	9,840	$	11,989

Schedule of capital leased assets

A summary of the Company’s equipment acquired under capital lease agreements was as follows:



	As of December 31,
	2014		2013
Capital lease obligation, current	$	77	$	—
Capital lease obligation, non-current	$	348	$	—

BUSINESS REORGANIZATION EXPENSES (Tables)

12 Months Ended

Dec. 31, 2014

Changes in accrued business reorganization expenses

Changes in the accrued business reorganization expenses for the year ended December 31, 2014 were as follows:



	December 31, 2013		Changes in Estimate		Additional Charges		Payments			December 31, 2014
Lease termination payments	$	2,297	$	774	$	128	$	(1,207	)	$	1,992
Employee termination benefits	1,430		—		2,764		(2,422		)	1,772
Other associated costs	19		—		123		(142		)	—
Total	$	3,746	$	774	$	3,015	$	(3,771	)	$	3,764

Business Reogranization Expenses

Business reorganization expenses for the years ended December 31, 2014, 2013 and 2012 for the 2014 Plan and the Previous Plans, collectively, were as follows:



	Year Ended December 31,
	2014		2013		2012
Business reorganization expenses from continuing operations
Previous Plans	$	1,140	$	5,440	$	7,506
2014 Plan	2,649		—		—
Total business reorganization expenses from continuing operations	$	3,789	$	5,440	$	7,506

Facility Closing

The business reorganization expenses incurred for lease termination for the years ended December 31, 2014, 2013 and 2012 by segment were as follows:



Lease termination payments for the year ended December 31,	Hudson			Hudson		Hudson
Lease termination payments for the year ended December 31,	Americas			Asia Pacific		Europe		Corporate		Total
2014	$	91		$	771	$	40	$	—	$	902
2013	$	(22	)	$	445	$	713	$	—	$	1,136
2012	$	179		$	613	$	2,491	$	—	$	3,283

One-time Termination Benefits

The business reorganization expenses incurred for employee termination benefits for the years ended December 31, 2014, 2013 and 2012 by segment were as follows:



Employee termination benefits for the year ended December 31,	Hudson		Hudson		Hudson
	Americas		Asia Pacific		Europe		Corporate		Total
2014	$	3	$	510	$	1,285	$	966	$	2,764
2013	$	470	$	505	$	2,120	$	790	$	3,885
2012	$	681	$	674	$	2,394	$	359	$	4,108

Other associated costs

Commitments and Contingencies Disclosure [Abstract]

The business reorganization expenses incurred for contract cancellation costs for the years ended December 31, 2014, 2013 and 2012 by segment were as follows:



Contract Cancellation Costs for the year ended December 31,	Hudson		Hudson			Hudson
Contract Cancellation Costs for the year ended December 31,	Americas		Asia Pacific			Europe		Corporate		Total
2014	$	—	$	40		$	83	$	—	$	123
2013	$	—	$	37		$	381	$	—	$	418
2012	$	16	$	(2	)	$	101	$	—	$	115

COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of future minimum rental payments for operating leases

As of December 31, 2014, future minimum lease commitments under non-cancelable operating leases, which will be expensed as primarily in office and general expenses, were as follows:



2015	$	19,221
2016	16,563
2017	11,806
2018	10,621
2019	7,813
Thereafter	6,211
	$	72,235

Schedule of asset retirement obligations

The Company’s asset retirement obligations that are included in the Consolidated Balance Sheets as of December 31, 2014 and 2013 were as follows:



	As of December 31,
	2014		2013
Total asset retirement obligations	$	2,461	$	2,509

CREDIT AGREEMENTS CREDIT AGREEMENTS (Tables)

12 Months Ended

Dec. 31, 2014

Lloyds [Member]

Line of Credit Facility [Line Items]

Schedule of Line of Credit Facilities

The details of the Lloyds Agreement as of December 31, 2014 were as follows:



	December 31, 2014
Borrowing capacity	$	9,539
Less: outstanding borrowing	—
Additional borrowing availability	$	9,539
Interest rates on outstanding borrowing	2.25		%

Siena Lending Group LLC [Member]

Line of Credit Facility [Line Items]

Schedule of Line of Credit Facilities

The details of the Siena Agreement as of December 31, 2014 were as follows:



	December 31, 2014
Borrowing base	$	2,919
Less: adjustments to the borrowing base
Minimum availability	(1,000		)
Outstanding letters of credits	(537		)
Adjusted borrowing base	1,382
Less: outstanding borrowing	—
Additional borrowing availability	$	1,382
Interest rates on outstanding borrowing	5.00		%

Westpac Bank

Line of Credit Facility [Line Items]

Schedule of Line of Credit Facilities

The details of the Facility Agreement as of December 31, 2014 were as follows:



	December 31, 2014
Tranche A:
Borrowing capacity	$	8,171
Less: outstanding borrowing	—
Additional borrowing availability	$	8,171
Interest rates on outstanding borrowing	4.78		%
Tranche B:
Borrowing capacity	$	1,559
Less: outstanding borrowing	—
Additional borrowing availability	$	1,559
Interest rates on outstanding borrowing	8.28		%
Tranche C:
Financial guarantee capacity	$	4,086
Less: outstanding financial guarantee requested	(2,511		)
Additional availability for financial guarantee	$	1,575
Interest rates on financial guarantee requested	2.10		%

SEGMENT AND GEOGRAPHIC DATA (Tables)

12 Months Ended

Dec. 31, 2014

Segment Reporting [Abstract]

Schedule of segment reporting information



	Hudson Americas			Hudson Asia Pacific			Hudson Europe			Corporate			Inter- segment elimination			Total
For the Year Ended December 31, 2014
Revenue, from external customers	$	50,146		$	246,873		$	284,173		$	—		$	—		$	581,192
Inter-segment revenue	60			—			198			—			(258		)	—
Total revenue	$	50,206		$	246,873		$	284,371		$	—		$	(258	)	$	581,192
Gross margin, from external customers	$	20,757		$	93,014		$	109,074		$	—		$	—		$	222,845
Inter-segment gross margin	35			(143		)	108			—			—			—
Total gross margin	$	20,792		$	92,871		$	109,182		$	—		$	—		$	222,845
Business reorganization expenses (recovery)	$	94		$	1,322		$	1,407		$	966		$	—		$	3,789
Impairment of long-lived assets	$	—		$	314		$	348		$	—		$	—		$	662
EBITDA (loss) (a)	$	117		$	(890	)	$	(1,187	)	$	(9,765	)	$	—		$	(11,725	)
Depreciation and amortization	485			3,287			1,247			540			—			5,559
Intercompany interest income (expense), net	—			—			(439		)	439			—			—
Interest income (expense), net	(90		)	(199		)	(37		)	(335		)	—			(661		)
Income (loss) from continuing operations before income taxes	$	(458	)	$	(4,376	)	$	(2,910	)	$	(10,201	)	$	—		$	(17,945	)
Provision for (benefit from) income taxes	$	(2,201	)	$	11		$	35		$	(4	)	$	—		$	(2,159	)
As of December 31, 2014
Accounts receivable, net	$	6,695		$	26,745		$	40,639		$	—		$	—		$	74,079
Long-lived assets, net of accumulated depreciation and amortization	$	860		$	8,227		$	2,171		$	584		$	—		$	11,842
Total assets	$	10,553		$	54,141		$	65,105		$	9,873		$	—		$	139,672



	Hudson Americas			Hudson Asia Pacific			Hudson Europe			Corporate			Inter- segment elimination			Total
For the Year Ended December 31, 2013
Revenue, from external customers	$	51,857		$	232,748		$	277,967		$	—		$	—		$	562,572
Inter-segment revenue	(2		)	—			107			—			(105		)	—
Total revenue	$	51,855		$	232,748		$	278,074		$	—		$	(105	)	$	562,572
Gross margin, from external customers	$	18,692		$	87,162		$	103,575		$	—		$	—		$	209,429
Inter-segment gross margin	(4		)	(71		)	87			—			(12		)	—
Total gross margin	$	18,688		$	87,091		$	103,662		$	—		$	(12	)	$	209,429
Business reorganization expenses (recovery)	$	448		$	989		$	3,214		$	789		$	—		$	5,440
Impairment of long-lived assets	$	—		$	257		$	1,079		$	—		$	—		$	1,336
EBITDA (loss) (a)	$	(717	)	$	(3,227	)	$	(9,197	)	$	(7,330	)	$	—		$	(20,471	)
Depreciation and amortization	494			3,192			1,592			644			—			5,922
Intercompany interest income (expense), net	—			(1,254		)	(532		)	1,784			2			—
Interest income (expense), net	16			(183		)	27			(414		)	—			(554		)
Income (loss) from continuing operations before income taxes	$	(1,195	)	$	(7,856	)	$	(11,294	)	$	(6,604	)	$	2		$	(26,947	)
Provision for (benefit from) income taxes	61			3,489			(415		)	129			—			3,264
As of December 31, 2013
Accounts receivable, net	$	5,923		$	24,647		$	45,897		$	—		$	—		$	76,467
Long-lived assets, net of accumulated depreciation and amortization	$	604		$	9,179		$	3,494		$	763		$	—		$	14,040
Total assets	$	18,338		$	55,234		$	74,877		$	10,380		$	—		$	158,829



	Hudson Americas			Hudson Asia Pacific			Hudson Europe			Corporate			Inter- segment elimination			Total
For the Year Ended December 31, 2012
Revenue, from external customers	$	60,015		$	288,144		$	307,716		$	—		$	—		$	655,875
Inter-segment revenue	—			117			86			—			(203		)	—
Total revenue	$	60,015		$	288,261		$	307,802		$	—		$	(203	)	$	655,875
Gross margin, from external customers	$	22,026		$	117,428		$	118,339		$	—		$	—		$	257,793
Inter-segment gross margin	(14		)	12			2			—			—			—
Total gross margin	$	22,012		$	117,440		$	118,341		$	—		$	—		$	257,793
Business reorganization expenses (recovery)	$	877		$	1,285		$	4,986		$	358		$	—		$	7,506
Impairment of long-lived assets	$	—		$	—		$	—		$	—		$	—		$	—
EBITDA (loss) (a)	$	(1,124	)	$	5,354		$	(4,406	)	$	(3,612	)	$	—		$	(3,788	)
Depreciation and amortization	694			3,197			1,450			641			—			5,982
Intercompany interest income (expense), net	—			(3,988		)	(435		)	4,424			(1		)	—
Interest income (expense), net	11			(235		)	57			(394		)	—			(561		)
Income (loss) from continuing operations before income taxes	$	(1,807	)	$	(2,066	)	$	(6,234	)	$	(223	)	$	(1	)	$	(10,331	)
Provision for (benefit from) income taxes	$	(3,858	)	$	(527	)	$	858		$	418		$	—		$	(3,109	)
As of December 31, 2012
Accounts receivable, net	$	8,040		$	32,835		$	47,717		$	—		$	—		$	88,592
Long-lived assets, net of accumulated depreciation and amortization	$	966		$	12,909		$	5,046		$	635		$	—		$	19,556
Total assets	$	31,399		$	72,517		$	76,381		$	13,171		$	—		$	193,468

(a)

Revenue by geographic area

A summary of revenues for the years ended December 31, 2014, 2013 and 2012 and long-lived assets and net assets by geographic area as of December 31, 2014, 2013 and 2012 were as follows:



Information by geographic region	United Kingdom		Australia		United States		Continental Europe		Other Asia Pacific		Other Americas		Total
For the Year Ended December 31, 2014
Revenue (a)	$	181,155	$	184,853	$	49,375	$	103,018	$	62,020	$	771	$	581,192
For the Year Ended December 31, 2013
Revenue (a)	$	180,084	$	169,998	$	50,859	$	97,883	$	62,750	$	998	$	562,572
For the Year Ended December 31, 2012
Revenue (a)	$	201,205	$	218,537	$	57,994	$	106,327	$	69,791	$	2,021	$	655,875
As of December 31, 2014
Long-lived assets, net (b)	$	1,834	$	5,404	$	1,429	$	330	$	2,823	$	22	$	11,842
Net assets	$	18,894	$	13,913	$	7,255	$	9,366	$	9,772	$	57	$	59,257
As of December 31, 2013
Long-lived assets, net (b)	$	2,890	$	5,838	$	1,338	$	593	$	3,341	$	40	$	14,040
Net assets	$	21,479	$	18,938	$	15,819	$	7,169	$	10,791	$	189	$	74,385
As of December 31, 2012
Long-lived assets, net (b)	$	3,629	$	9,015	$	1,552	$	1,409	$	3,895	$	56	$	19,556
Net assets	$	26,750	$	31,036	$	26,404	$	7,975	$	14,122	$	254	$	106,541


(a)	Revenue by geographic region disclosed above is net of any inter-segment revenue and, therefore, represents only revenue from external customers according to the location of the operating subsidiary.


(b)	Comprised of property and equipment and goodwill, net of accumulated depreciation and amortization. Corporate assets are included in the United States.

Quarterly Financial Information Disclosure [Abstract]

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details

SELECTED QUARTERLY FINANCIAL DATA Quarterly Financial Data (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of Quarterly Financial Information

SELECTED QUARTERLY FINANCIAL DATA (unaudited)



	For The Year Ended December 31, 2014
	First quarter			Second quarter			Third quarter			Fourth quarter
Revenue	$	144,167		$	151,070		$	149,278		$	136,677
Gross margin	$	54,029		$	59,871		$	55,687		$	53,258
Operating income (loss)	$	(3,374	)	$	(2,865	)	$	(5,113	)	$	(6,134	)
Income (loss) from continuing operations	$	(4,112	)	$	(3,565	)	$	(4,570	)	$	(3,539	)
Net income (loss)	$	(4,544	)	$	(4,374	)	$	(7,019	)	$	2,743
Basic and diluted earnings (loss) per share from continuing operations	$	(0.13	)	$	(0.11	)	$	(0.14	)	$	(0.11	)
Basic and diluted earnings (loss) per share from discontinued operations	$	(0.01	)	$	(0.02	)	$	(0.07	)	$	0.19
Basic and diluted earnings (loss) per share	$	(0.14	)	$	(0.13	)	$	(0.21	)	$	0.08
Basic and diluted weighted average shares outstanding (in thousands)	32,641			32,752			32,910			32,995
Common stock equivalents and outstanding stock options excluded from the calculation of diluted earnings (loss) per share (in thousands)	1,274			1,207			1,176			1,681

	For The Year Ended December 31, 2013
	First quarter			Second quarter			Third quarter			Fourth quarter
Revenue	$	137,903		$	145,383		$	139,287		$	139,999
Gross margin	$	50,994		$	55,106		$	50,491		$	52,838
Operating income (loss)	$	(8,639	)	$	(5,941	)	$	(6,125	)	$	(6,447	)
Income (loss) from continuing operations	$	(8,007	)	$	(6,293	)	$	(5,584	)	$	(10,327	)
Net income (loss)	$	(8,242	)	$	(5,811	)	$	(5,047	)	$	(11,295	)
Basic and diluted earnings (loss) per share from continuing operations	$	(0.25	)	$	(0.19	)	$	(0.17	)	$	(0.32	)
Basic and diluted earnings (loss) per share from discontinued operations	$	—		$	0.01		$	0.02		$	(0.03	)
Basic and diluted earnings (loss) per share	$	(0.25	)	$	(0.18	)	$	(0.15	)	$	(0.35	)
Basic and diluted weighted average shares outstanding (in thousands)	32,344			32,717			32,600			32,600
Common stock equivalents and outstanding stock options excluded from the calculation of diluted earnings (loss) per share (in thousands)	1,725			1,972			2,191			1,914

DESCRIPTION OF BUSINESS (Details)	12 Months Ended
DESCRIPTION OF BUSINESS (Details)	Dec. 31, 2014 Segment Country
Schedule of Segment Reporting Information By Segment, Gross Margin [Line Items]
Number of countries in which entity operates	18
Number of reportable segments	3
Minimum
Schedule of Segment Reporting Information By Segment, Gross Margin [Line Items]
Number of employees	1,800

DISCONTINUED OPERATIONS (Details) (USD $)
In Thousands, unless otherwise specified

12 Months Ended

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Proceeds from Divestiture of Businesses

$ 23,000

Gain (Loss) on Disposition of Business

11,333

Disposal Group, Including Discontinued Operation, Accounts, Notes and Loans Receivable, Net

9,434

Disposal Group, Including Discontinued Operation, Property, Plant, and Equipment, Net

1,835

Disposal Group, Including Discontinued Operation, Other Assets

1,249

Assets of Disposal Group, Including Discontinued Operation, Current

1,249

12,518

Liabilities of Disposal Group, Including Discontinued Operation

3,512

5,251

56,133

97,555

121,704

Reorganization expenses (a)

10,091

20,442

27,072

3,277

^[1]

1,281

275

Impairment charges

467

^[2]

Operating income (loss), excluding gain (loss) from sale of business

(6,578)

392

3,454

Other non-operating income (loss), including interest

(42)

(46)

(142)

Gain (loss) from sale of discontinued operations

11,333

Income (loss) from discontinued operations before income taxes

4,713

346

3,312

Provision (benefit) for income taxes (b)

2,121

^[3]

530

^[3]

1,425

^[3]

Income (loss) from discontinued operations

2,592

(184)

1,887

eDiscovery [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disposal Group, Including Discontinued Operation, Accounts, Notes and Loans Receivable, Net

9,143

Disposal Group, Including Discontinued Operation, Property, Plant, and Equipment, Net

1,835

Disposal Group, Including Discontinued Operation, Other Assets

1,156

^[4]

1,010

Assets of Disposal Group, Including Discontinued Operation, Current

1,156

11,988

Liabilities of Disposal Group, Including Discontinued Operation

3,297

4,159

54,620

94,738

119,644

Reorganization expenses (a)

9,227

18,257

25,294

2,861

^[1]

849

130

Impairment charges

467

^[2]

Operating income (loss), excluding gain (loss) from sale of business

(5,491)

1,704

4,500

Other non-operating income (loss), including interest

(9)

(46)

(70)

Gain (loss) from sale of discontinued operations

11,333

Income (loss) from discontinued operations before income taxes

5,833

1,658

4,430

Provision (benefit) for income taxes (b)

2,121

^[3]

530

^[3]

1,425

^[3]

Income (loss) from discontinued operations

3,712

1,128

3,005

Sweden [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disposal Group, Including Discontinued Operation, Accounts, Notes and Loans Receivable, Net

291

Disposal Group, Including Discontinued Operation, Property, Plant, and Equipment, Net

Disposal Group, Including Discontinued Operation, Other Assets

239

Assets of Disposal Group, Including Discontinued Operation, Current

530

Liabilities of Disposal Group, Including Discontinued Operation

215

1,092

1,513

2,817

2,060

Reorganization expenses (a)

864

2,185

1,778

416

^[1]

432

145

Impairment charges

Operating income (loss), excluding gain (loss) from sale of business

(1,087)

(1,312)

(1,046)

Other non-operating income (loss), including interest

(33)

(72)

Gain (loss) from sale of discontinued operations

Income (loss) from discontinued operations before income taxes

(1,120)

(1,312)

(1,118)

Provision (benefit) for income taxes (b)

^[3]

Income (loss) from discontinued operations

$ (1,120)

$ (1,312)

$ (1,118)

[1]	2014 reorganization activities related to discontinued operations included elimination of 30 positions in the U.S. and Sweden as well as lease termination payments for offices in the U.S. and the U.K.
[2]	As a result of the divestiture of the Company's Legal eDiscovery business in the fourth quarter of 2014, the Company recorded impairment charges related to assets no longer in use of $467 in the U.S. and U.K.
[3]	Income tax expense is provided at the effective tax rate by taxing jurisdiction and differs from the U.S. statutory tax rate of 35% due to the inability of the Company to recognize tax benefits on losses in the U.S. and certain foreign jurisdictions, variations from the U.S. tax rate in foreign jurisdictions, non-deductible expenses and other miscellaneous taxes.
[4]	As of December 31, 2014, other assets from Legal eDiscovery consisted primarily of estimated customary working capital adjustments in connection with the sale of the Legal eDiscovery business.

REVENUE, DIRECT COSTS AND GROSS MARGIN (Details) (USD $)
In Thousands, unless otherwise specified

3 Months Ended

12 Months Ended

Dec. 31, 2014

Sep. 30, 2014

Jun. 30, 2014

Mar. 31, 2014

Dec. 31, 2013

Sep. 30, 2013

Jun. 30, 2013

Mar. 31, 2013

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Revenue Direct Costs And Gross Margin Line Items [Line Items]

$ 136,677

$ 149,278

$ 151,070

$ 144,167

$ 139,999

$ 139,287

$ 145,383

$ 137,903

$ 581,192

^[1]

$ 562,572

^[1]

$ 655,875

^[1]

358,347

^[2]

353,143

^[2]

398,082

^[2]

Revenue Direct Costs And Gross Margin Line Items [Line Items]

53,258

55,687

59,871

54,029

52,838

50,491

55,106

50,994

222,845

209,429

257,793

Temporary Contracting

408,106

407,178

460,372

345,586

^[2]

341,911

^[2]

383,778

^[2]

Revenue Direct Costs And Gross Margin Line Items [Line Items]

62,520

65,267

76,594

Permanent Recruitment

126,686

113,301

144,412

2,369

^[2]

2,219

^[2]

2,811

^[2]

Revenue Direct Costs And Gross Margin Line Items [Line Items]

124,317

111,082

141,601

Other

46,400

42,093

51,091

10,392

^[2]

9,013

^[2]

11,493

^[2]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

$ 36,008

$ 33,080

$ 39,598

[1]

Revenue by geographic region disclosed above is net of any inter-segment revenue and, therefore, represents only revenue from external customers according to the location of the operating subsidiary.

[2]

STOCK-BASED COMPENSATION STOCK-BASED COMPENSATION FOR THE YEAR (Details) (USD $)
In Thousands, except Share data, unless otherwise specified

12 Months Ended

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Common stock reserved for issuance to participants

2,053,785

Number of Shares Issued under a Share-based Compensation Arrangement, Which Have Vesting Conditions associated with Performance and Service Conditions

561,500

^[1]

Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Vested 100% immediately

1,400

Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Vested 100% on the third anniversary of the grant date with service conditions only

5,000

Share-based Compensation Arrangement by Share-based Payment Award Grants in Period, Gross

567,900

Employee Service Share-based Compensation, Tax Benefit from Compensation Expense

$ 1,325

$ 2,090

$ 2,574

130

105

Stock options

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award Grants in Period, Gross

Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized

354

704

Weighted average service period

0 days

4 months 10 days

Restricted stock

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of Shares Issued under a Share-based Compensation Arrangement, Which Have Vesting Conditions associated with Performance and Service Conditions

476,500

^[1]

Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Vested 100% immediately

1,400

Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Vested 100% on the third anniversary of the grant date with service conditions only

5,000

Share-based Compensation Arrangement by Share-based Payment Award Grants in Period, Gross

482,900

Percentage of the shares of restricted stock may be earned on the basis of performance as measured by a Return on Gross Margin Ratio

50.00%

Percentage of shares f restricted stock may be earned on the basis of performance as measured by Net Cash Position from Operation

50.00%

Percentage of shares vest 3-1-2015 after meeting the performance conditions

33.00%

Percentage of shares vest 3-1-2016 after meeting the performance conditions

33.00%

Percentage of shares vest 3-1-2017 after meeting the performance conditions

34.00%

Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized

798

1,274

1,275

1,561

1,527

Weighted average service period

1 year 3 months 25 days

1 year 9 months 3 days

Restricted stock units

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of Shares Issued under a Share-based Compensation Arrangement, Which Have Vesting Conditions associated with Performance and Service Conditions

85,000

^[1]

Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Vested 100% immediately

Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Vested 100% on the third anniversary of the grant date with service conditions only

Share-based Compensation Arrangement by Share-based Payment Award Grants in Period, Gross

85,000

Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized

442

462

595

$ 239

$ 162

Weighted average service period

1 year 3 months 3 days

1 year 4 months 10 days

Restricted Stock Unit to Board of Directors[Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award Grants in Period, Gross

90,759

[1]

(1)The performance conditions with respect to restricted stock may be satisfied as follows: (a)50% of the shares of restricted stock may be earned on the basis of performance as measured by a “Return on Gross Margin Ratio,” defined as the percentage (i) gross margin minus selling, general and administrative expenses for the year ended December 31, 2014 divided by the (i)) gross margin for the year ended December 31, 2014; and (b)50% of the shares of restricted stock may be earned on the basis of performance as measured by “Net Cash Position from Operations,” defined as net cash position from operations for the year ended December 31, 2014 excluding any proceeds from divestitures.(2)To the extent shares are earned on the basis of performance, such shares will vest on the basis of service as follows:(a)33% of the shares vest on March 1, 2015; (b)33% of the shares vest on March 1, 2016; and(c)34% of the shares vest on March 1, 2017; provided that, in each case, the employee remains employed by the Company from the grant date through the applicable service vesting date.

STOCK-BASED COMPENSATION Stock options activity (Details) (USD $) In Thousands, except Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement award vesting period	5 years
Share-based Compensation Arrangement by Share-based Payment Award [Roll Forward]
Share-based Compensation Arrangement by Share-based Payment Award Grants in Period, Gross	567,900
Stock options outstanding - remaining contractual term	4 years 0 months 13 days	4 years 10 months 19 days
Stock options exercisable - remaining contractual term	4 years 0 months 13 days	4 years 0 months 13 days
Stock options outstanding	$ 0	$ 0
Stock options exercisable	$ 0	$ 0
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price fair market value of the underlying stock on the date of grant	100.00%
Share-based compensation arrangement expiration period	10 years
Share-based compensation arrangement award vesting period	4 years
Share-based Compensation Arrangement by Share-based Payment Award, Outstanding, Weighted Average Exercise Price [Roll Forward]
Options outstanding at January 1, weighted average exercise price per share	$ 9.15	$ 11.21	$ 11.36
Granted, weighted average exercise price per share	$ 0.00	$ 0.00	$ 0.00
Expired, weighted average exercise price per share	$ 15.50	$ 14.99	$ 12.55
Options outstanding at December 31, weighted average exercise price per share	$ 8.78	$ 9.15	$ 11.21
Options exercisable at December 31, weighted average exercise price per share	$ 8.78	$ 10.47	$ 13.96
Share-based Compensation Arrangement by Share-based Payment Award [Roll Forward]
Options outstanding at January 1, number of options outstanding	800,350	1,238,650	1,396,350
Share-based Compensation Arrangement by Share-based Payment Award Grants in Period, Gross	0	0	0
Expired, number of options outstanding	(43,550)	(438,300)	(157,700)
Options outstanding at December 31, number of options outstanding	756,800	800,350	1,238,650
Options exercisable at December 31, number of options outstanding	756,800	600,350	838,650

STOCK-BASED COMPENSATION Restricted stock (Details) (Restricted stock, USD $) In Thousands, except Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Restricted stock
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Non-vested restricted stock (units) at January 1, weighted average grant date fair value	$ 3.00	$ 4.87	$ 5.12
Granted, weighted average grant date fair value	$ 3.22	$ 2.44	$ 4.59
Vested, weighted average grant date fair value	$ 5.21	$ 5.09	$ 4.86
Forfeitures, Weighted Average Grant Date Fair Value	$ 2.39	$ 4.16	$ 5.26
Non-vested restricted stock (units) at December 31, weighted average grant date fair value	$ 3.00	$ 3.00	$ 4.87
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Unvested restricted stock (units) at January 1, number of shares of restricted stock (unit)	997,802	1,028,916	1,166,082
Granted, number of share of restricted stock (units)	482,900	883,321	638,230
Vested, number of share of restricted stock (units)	(182,251)	(406,158)	(461,200)
Forfeited, number of share of restricted stock (units)	(494,452)	(508,277)	(314,196)
Unvested restricted stock (units) at December 31, number of shares of restricted stock (unit)	803,999	997,802	1,028,916
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Total Fair Value	$ 669	$ 1,596	$ 2,239

STOCK-BASED COMPENSATION Restricted stock units (Details) (Restricted stock units, USD $) In Thousands, except Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Non-vested restricted stock (units) at January 1, weighted average grant date fair value	$ 3.65	$ 5.18	$ 5.18
Granted, weighted average grant date fair value	$ 3.40	$ 2.90	$ 5.13
Vested, weighted average grant date fair value	$ 3.86	$ 3.81	$ 5.13
Forfeitures, Weighted Average Grant Date Fair Value	$ 2.42	$ 2.42	$ 0.00
Non-vested restricted stock (units) at December 31, weighted average grant date fair value	$ 3.57	$ 3.65	$ 5.18
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Unvested restricted stock (units) at January 1, number of shares of restricted stock (unit)	115,869	100,000	100,000
Granted, number of share of restricted stock (units)	175,759	175,860	76,023
Vested, number of share of restricted stock (units)	(122,522)	(154,991)	(76,023)
Forfeited, number of share of restricted stock (units)	(49,166)	(5,000)	0
Unvested restricted stock (units) at December 31, number of shares of restricted stock (unit)	119,940	115,869	100,000
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized	$ 436	$ 461	$ 390

STOCK-BASED COMPENSATION Defined contribution plan and non-cash employer-matching contributions (Details) (USD $) In Thousands, except Per Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Defined contribution pan, maximum annual contribution per employee percent	15.00%
Defined contribution plan, employer matching contribution percent	3.00%
Share-based compensation arrangement award vesting period	5 years
Expense recognized for the 401(k) plan	$ 385	$ 483	$ 635
Number of shares of the Company's common stock issued (in thousands)	118	0	124
Market value per share of the Company's common stock on contribution date (in dollars)	$ 3.65	$ 0.00	$ 5.35
Non-cash contribution made for employer matching liability	430	0	666
Additional cash contribution made for employer-matching liability	0	651	0
Total contribution made for employer-matching liability	$ 430	$ 651	$ 666

INCOME TAXES Foreign and Domestic Income Before Tax (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Income Tax Disclosure [Abstract]
Domestic	$ (10,342)	$ (7,622)	$ (2,322)
Foreign	(7,603)	(19,325)	(8,009)
Income (loss) from continuing operations before provision for income taxes	$ (17,945)	$ (26,947)	$ (10,331)

INCOME TAXES Components Of Income Tax Expense Benefit (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Current tax provision (benefit):
U.S. Federal	$ (1,712)	$ (81)	$ (714)
State and local	(550)	126	(3,296)
Foreign	205	79	1,211
Total current provision for (benefit from) income taxes	(2,057)	124	(2,799)
Deferred tax provision (benefit):
U.S. Federal	0	0	0
State and local	0	0	0
Foreign	(102)	3,140	(310)
Total deferred provision for (benefit from) income taxes	(102)	3,140	(310)
Provision for (benefit from) income taxes	$ (2,159)	$ 3,264	$ (3,109)

INCOME TAXES Federal Statutory Income Tax Rate Reconciliation (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Income Tax Disclosure [Abstract]
Provision for (benefit from) continuing operations at Federal statutory rate of 35%	$ (6,281)	$ (9,431)	$ (3,616)
State income taxes, net of Federal income tax effect	(357)	(2)	(2,143)
Change in valuation allowance	(3,427)	7,949	2,545
Taxes related to foreign income	5,628	949	(2,646)
Nondeductible expenses and others	2,278	3,799	2,751
Provision for (benefit from) income taxes	$ (2,159)	$ 3,264	$ (3,109)

INCOME TAXES Deferred Tax (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Current deferred tax assets (liabilities):
Allowance for doubtful accounts	$ 124	$ 201
Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Accrued Liabilities	1,444	1,057
Tax loss carry-forwards	2,925	1,972
Current deferred tax assets (liabilities), gross, total	4,493	3,230
Valuation allowance	(2,900)	(1,689)
Deferred Tax Assets, Net, Current	1,593	1,541
Non-current deferred tax assets (liabilities):
Property and equipment	2,152	2,217
Deferred Tax Assets, Goodwill and Intangible Assets	7,825	10,990
Accrued and other non-current liabilities	2,138	2,410
Deferred compensation	2,581	2,542
Tax loss carry-forwards	146,644	149,296
Non-current deferred tax assets (liabilities), gross, total	161,340	167,455
Valuation allowance	(155,951)	(160,590)
Deferred Tax Assets, Net, Noncurrent	5,389	6,865
Deferred tax assets (liabilities), net of valuation allowance, total	$ 6,982	$ 8,406

INCOME TAXES FIN 48 accruals (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
Unrecognized tax benefits, excluding interest and penalties	$ 1,843	$ 3,086
Accrued interest and penalties	554	786
Total unrecognized tax benefits that would impact effective tax rate	$ 2,397	$ 3,872

INCOME TAXES Summary of Income Tax Contingency (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2014
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance at January 1, 2012	$ 3,086
Additions based on tax positions related to the current year	160
Additions for tax positions of prior years	0
Reductions for tax positions of prior years	0
Settlements	0
Lapse of statute of limitations	(431)
Currency Translation	(181)
Balance at December 31, 2012	$ 2,634

INCOME TAXES (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Operating Loss Carryforwards [Line Items]
Effective income tax rate	12.00%	(12.10%)	30.10%
Effective income tax rate reconciliation, at federal statutory income tax rate	35.00%	35.00%	35.00%
NOL not absorbed by former parent	$ 16,584
Operating Loss Carryforwards, Expiration Dates	Dec. 31, 2034
NOL not reflected on DTA from Stock Compensation Expenses	5,186
Operating Loss Carryforwards, Valuation Allowance	142,444
Deferred Tax Assets, Valuation Allowance	16,407
Significant change in unrecognized tax benefits is reasonably possible amount of unrecorded benefits	400
Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Estimated Range of Change, Upper Bound	700
Domestic Tax Authority
Operating Loss Carryforwards [Line Items]
NOL Carryforward	306,579
Operating Loss Carryforwards, Valuation Allowance	116,500
Foreign Tax Authority
Operating Loss Carryforwards [Line Items]
NOL Carryforward	106,017
Operating loss that can carryforward indefinitely from foreign subsidiaries	98,594
Operating Loss Carryforwards, Valuation Allowance	25,944
Foreign Tax Authority \| 2014
Operating Loss Carryforwards [Line Items]
Operating loss subject to expiration in the next twelve months from foreign subsidiaries	$ 1,520

EARNINGS (LOSS) PER SHARE (Computation of basic and diluted earnings (loss) per share) (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified

3 Months Ended

12 Months Ended

Dec. 31, 2014

Sep. 30, 2014

Jun. 30, 2014

Mar. 31, 2014

Dec. 31, 2013

Sep. 30, 2013

Jun. 30, 2013

Mar. 31, 2013

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Earnings (loss) per share (EPS):

Earnings (loss) per share from continuing operations, basic and diluted

$ (0.11)

$ (0.14)

$ (0.11)

$ (0.13)

$ (0.32)

$ (0.17)

$ (0.19)

$ (0.25)

$ (0.48)

$ (0.93)

$ (0.22)

Earnings (loss) per share from discontinued operations, basic and diluted

$ 0.19

$ (0.07)

$ (0.02)

$ (0.01)

$ (0.03)

$ 0.02

$ 0.01

$ 0.00

$ 0.08

$ (0.01)

$ 0.05

Earnings Per Share, Basic and Diluted

$ 0.08

$ (0.21)

$ (0.13)

$ (0.14)

$ (0.35)

$ (0.15)

$ (0.18)

$ (0.25)

$ (0.40)

$ (0.94)

$ (0.17)

EPS numerator - basic and diluted:

Income (Loss) from Continuing Operations

$ (3,539)

$ (4,570)

$ (3,565)

$ (4,112)

$ (10,327)

$ (5,584)

$ (6,293)

$ (8,007)

$ (15,786)

$ (30,211)

$ (7,222)

Income (Loss) from Discontinued Operations, Net of Taxes

2,592

(184)

1,887

Weighted-average common stock outstanding - basic (in shares)

$ 2,743

$ (7,019)

$ (4,374)

$ (4,544)

$ (11,295)

$ (5,047)

$ (5,811)

$ (8,242)

$ (13,194)

$ (30,395)

$ (5,335)

EPS denominator (in thousands):

32,843

32,493

32,600

Common stock equivalents: stock options and other stock-based awards (a) (in shares)

^[1]

Weighted-average number of common stock outstanding - diluted (in shares)

32,843

32,493

32,600

[1]

EARNINGS (LOSS) PER SHARE (Antidilutive securities excluded from the computation of earnings (loss) per share) (Details)	3 Months Ended								12 Months Ended
	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common stock equivalents and outstanding stock options excluded from the calculation of diluted earnings (loss) per share (in thousands)	1,681,000	1,176,000	1,207,000	1,274,000	1,914,000	2,191,000	1,972,000	1,725,000	1,680,739	1,914,021	2,367,566
Unvested restricted stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common stock equivalents and outstanding stock options excluded from the calculation of diluted earnings (loss) per share (in thousands)									803,999	997,802	1,028,916
Unvested restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common stock equivalents and outstanding stock options excluded from the calculation of diluted earnings (loss) per share (in thousands)									119,940	115,869	100,000
Stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common stock equivalents and outstanding stock options excluded from the calculation of diluted earnings (loss) per share (in thousands)									756,800	800,350	1,238,650

Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.

+ References+ Details

RESTRICTED CASH (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash	$ 1,595	$ 2,047
Other assets
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash	1,420	1,814
Other assets \| Collateral accounts
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash	618	619
Other assets \| Rental deposits
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash	802	1,195
Prepaid and other
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash	175	233
Prepaid and other \| Other
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash	123	172
Prepaid and other \| Client guarantees
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash	$ 52	$ 61

PROPERTY AND EQUIPMENT, NET (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 60,754	$ 55,830
Less: acccumulated depreciation and amortization	50,914	43,841
Property and equipment, net	9,840	11,989
Construction in Progress, Gross	1,006	595
Impairment of long-lived assets	662	1,336	0
Capital lease obligation, current	77	0
Capital lease obligation, non-current	348	0
Capital lease obligations incurred	557	0
Noncash or part noncash acquisition, fixed assets acquired	1,221
Computer equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	8,806	8,933
Furniture and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	5,352	5,438
Capitalized software costs
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	25,228	24,665
Leasehold and building improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 21,368	$ 16,794

GOODWILL (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Goodwill [Roll Forward]
Goodwill, January 1,	$ 2,078	$ 2,020
Currency translation	(49)	58
Goodwill, December 31,	$ 2,029	$ 2,078

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Payables and Accruals [Abstract]
Salaries, commissions and benefits	$ 34,390	$ 29,598
Sales, use and income taxes	8,492	10,677
Fees for professional services	1,912	1,324
Rent	1,519	1,731
Deferred revenue	1,167	1,635
Other accruals	6,585	6,952
Total accrued expenses and other liabilities	$ 54,065	$ 51,917

Carrying value as of the balance sheet date of obligations incurred through that date and payable for professional fees, such as for legal and accounting services received. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References+ Details

Carrying value as of the balance sheet date of obligations incurred through that date and payable for contractual rent under lease arrangements. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References+ Details

Carrying value as of the balance sheet date of the obligations incurred through that date and payable for employees' services provided. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References+ Details

Carrying value as of the balance sheet date of obligations incurred through that date and payable arising from transactions not otherwise specified in the taxonomy. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References+ Details

BUSINESS REORGANIZATION EXPENSES REORGANIZATION EXPENSES BY PLAN (Details) (USD $)	12 Months Ended						1 Months Ended	12 Months Ended			1 Months Ended	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2014 Previous Years Reorganization Plan [Member]	Dec. 31, 2013 Previous Years Reorganization Plan [Member]	Dec. 31, 2012 Previous Years Reorganization Plan [Member]	Apr. 30, 2014 Two Thousand Fourteen Plan [Member]	Dec. 31, 2014 Two Thousand Fourteen Plan [Member] Employee	Dec. 31, 2013 Two Thousand Fourteen Plan [Member]	Dec. 31, 2012 Two Thousand Fourteen Plan [Member]	Dec. 31, 2014 Two Thousand Fourteen Subsequent Approval [Member]	Dec. 31, 2014 2012 Plan Employee
Restructuring Cost and Reserve [Line Items]
Board approved reorganization plan, amount							$ 7,000,000				$ 4,100,000
Business reorganization expenses	$ 3,789,000	$ 5,440,000	$ 7,506,000	$ 1,140,000	$ 5,440,000	$ 7,506,000		$ 2,649,000	$ 0	$ 0
Restructuring and Related Cost, Number of Positions Eliminated								41				16

Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Includes, but is not limited to, one-time termination benefits, termination of an operating lease or other contract, consolidating or closing facilities, and relocating employees, and termination benefits associated with an ongoing benefit arrangement. Excludes expenses associated with special or contractual termination benefits, a discontinued operation or an asset retirement obligation.

+ References+ Details

BUSINESS REORGANIZATION EXPENSES CHANGE IN ACCRUED REORGANIZATION EXPENSES (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2014
Restructuring Reserve [Roll Forward]
Balance, beginning of year	$ 3,746
Changes in estimate	774
Restructuring and Related Cost, Incurred Cost	3,015
Payments	(3,771)
Balance, end of period	3,764
Facility Closing
Restructuring Reserve [Roll Forward]
Balance, beginning of year	2,297
Changes in estimate	774
Restructuring and Related Cost, Incurred Cost	128
Payments	(1,207)
Balance, end of period	1,992
One-time Termination Benefits
Restructuring Reserve [Roll Forward]
Balance, beginning of year	1,430
Changes in estimate	0
Restructuring and Related Cost, Incurred Cost	2,764
Payments	(2,422)
Balance, end of period	1,772
Other associated costs
Restructuring Reserve [Roll Forward]
Balance, beginning of year	19
Changes in estimate	0
Restructuring and Related Cost, Incurred Cost	123
Payments	(142)
Balance, end of period	$ 0

BUSINESS REORGANIZATION EXPENSES LEASE TERMINATION PAYMENTS (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	$ 3,789	$ 5,440	$ 7,506
Hudson Americas
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	94	448	877
Hudson Asia Pacific
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	1,322	989	1,285
Hudson Europe
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	1,407	3,214	4,986
Corporate
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	966	789	358
Facility Closing
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	902	1,136	3,283
Facility Closing \| Hudson Americas
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	91	(22)	179
Facility Closing \| Hudson Asia Pacific
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	771	445	613
Facility Closing \| Hudson Europe
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	40	713	2,491
Facility Closing \| Corporate
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	$ 0	$ 0	$ 0

+ References+ Details

BUSINESS REORGANIZATION EXPENSES EMPLOYMENT TERMINATION BENEFITS (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	$ 3,789	$ 5,440	$ 7,506
Hudson Americas
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	94	448	877
Hudson Asia Pacific
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	1,322	989	1,285
Hudson Europe
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	1,407	3,214	4,986
Corporate
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	966	789	358
One-time Termination Benefits
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	2,764	3,885	4,108
One-time Termination Benefits \| Hudson Americas
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	3	470	681
One-time Termination Benefits \| Hudson Asia Pacific
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	510	505	674
One-time Termination Benefits \| Hudson Europe
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	1,285	2,120	2,394
One-time Termination Benefits \| Corporate
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	$ 966	$ 790	$ 359

+ References+ Details

BUSINESS REORGANIZATION EXPENSES OTHER ASSOCIATED COSTS (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	$ 3,789	$ 5,440	$ 7,506
Hudson Americas
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	94	448	877
Hudson Asia Pacific
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	1,322	989	1,285
Hudson Europe
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	1,407	3,214	4,986
Corporate
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	966	789	358
Other associated costs
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	123	418	115
Other associated costs \| Hudson Americas
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	0	0	16
Other associated costs \| Hudson Asia Pacific
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	40	37	(2)
Other associated costs \| Hudson Europe
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	83	381	101
Other associated costs \| Corporate
Restructuring Cost and Reserve [Line Items]
Business reorganization expenses	$ 0	$ 0	$ 0

+ References+ Details

COMMITMENTS AND CONTINGENCIES Operating Leases, Rent Expense, Minimum Rentals (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Commitments And Contingencies [Line Items]
2015	$ 19,221
2016	16,563
2017	11,806
2018	10,621
2019	7,813
Thereafter	6,211
Total future minimum payments due	72,235
Office and general
Commitments And Contingencies [Line Items]
Operating leases, rent expense	$ 14,834	$ 16,801	$ 18,982

COMMITMENTS AND CONTINGENCIES (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Commitments And Contingencies [Line Items]
Loss Contingency Accrual	$ 376	$ 745
Asset retirement obligation:
Total asset retirement obligations	$ 2,461	$ 2,509

CREDIT AGREEMENTS CREDIT AGREEMENTS (Details) In Thousands, unless otherwise specified	12 Months Ended										12 Months Ended					12 Months Ended			12 Months Ended							12 Months Ended
	Dec. 31, 2014 USD ($) Tranche	Dec. 31, 2014 Lloyds [Member] USD ($)	Dec. 31, 2014 Lloyds [Member] GBP (£)	Dec. 31, 2014 Lloyds [Member] Credit Facility Lending based on Billed Revenue [Member] USD ($)	Dec. 31, 2014 Lloyds [Member] Credit Facility Lending based on Billed Revenue [Member] GBP (£)	Dec. 31, 2014 Lloyds [Member] Credit Facility Lending based on Unbilled Revenue [Member] USD ($)	Dec. 31, 2014 Lloyds [Member] Credit Facility Lending based on Unbilled Revenue [Member] GBP (£)	Dec. 31, 2014 Siena Lending Group LLC [Member] USD ($)	Dec. 31, 2014 Westpac Bank Line of Credit [Member] USD ($)	Dec. 31, 2014 Westpac Bank Line of Credit [Member] AUD	Dec. 31, 2014 Westpac Bank Invoice Discounting Facility USD ($)	Dec. 31, 2014 Westpac Bank Invoice Discounting Facility AUD	Dec. 31, 2014 Westpac Bank Invoice Discounting Facility Bank Bill Rate	Dec. 31, 2014 Westpac Bank Overdraft Facility [Member] USD ($)	Dec. 31, 2014 Westpac Bank Overdraft Facility [Member] NZD	Dec. 31, 2014 Westpac Bank Overdraft Facility [Member] Commercial Lending Rate	Dec. 31, 2014 Westpac Bank Financial Guarantee Facility USD ($)	Dec. 31, 2014 Westpac Bank Financial Guarantee Facility AUD	Dec. 31, 2014 Overdraft Facility [Member] Invoice Discounting Facility	Dec. 31, 2014 Lending Arrangements Belgium, Netherlands and Singapore Banks Overdraft Facility [Member] USD ($)	Dec. 31, 2014 Lending Arrangements Netherlands and Belgium Banks Overdraft Facility [Member] EURIBOR	Dec. 31, 2014 Netherlands subsidiary Lending Arrangements Netherlands Bank Overdraft Facility [Member] USD ($)	Dec. 31, 2014 Netherlands subsidiary Lending Arrangements Netherlands Bank Overdraft Facility [Member] EUR (€)	Dec. 31, 2014 Belgium Subsidiary Lending Arrangements Belgium Bank Overdraft Facility [Member] USD ($)	Dec. 31, 2014 Belgium Subsidiary Lending Arrangements Belgium Bank Overdraft Facility [Member] EUR (€)	Dec. 31, 2014 Singapore Subsidiary Overdraft Facility [Member] Singapore Prime Rate	Dec. 31, 2014 Singapore Subsidiary Lending Arrangements Singapore Bank USD ($) Y	Dec. 31, 2014 Singapore Subsidiary Lending Arrangements Singapore Bank SGD	Dec. 31, 2014 Singapore Subsidiary Lending Arrangements Singapore Bank Overdraft Facility [Member] Singapore Prime Rate	Dec. 31, 2014 Before disposal of eDiscovery business [Member] Siena Lending Group LLC [Member] USD ($)	Dec. 31, 2014 After disposal of eDiscovery business [Member] Siena Lending Group LLC [Member] USD ($)
Line of Credit Facility [Line Items]
Line of Credit Facility, Covenant, Minimum Availability Required		$ 3,116	£ 2,000
Line of credit facility, maximum borrowing capacity		23,369	15,000	18,695	12,000	4,674	3,000				8,171	10,000		1,559	2,000		4,086	5,000				1,775	1,467	1,210	1,000		377	500		10,000	5,000
Line of Credit Facility, Minimum Excess Availability								(1,000)																						2,000	1,000
Minimum Fixed Charges Coverage Ratio to Eliminate Availability Block								1.1
Maximum amount of letter of credit to be issued								1,000
Debt instrument, interest rate increase		1.75%	1.75%					1.75%					1.10%			1.83%										1.75%
Interest rate for letters of Credit								4.50%
Ongoing Minimum Fixed Charges Coverage Ratio after Elimination of Availability Block								1.1
Adjusted borrowing base								1,382
Less: outstanding borrowing		0						0			0			0						0
Interest rates on outstanding borrowing		2.25%	2.25%					5.00%			4.78%	4.78%		8.28%	8.28%						2.52%								6.00%
Line of credit facility, minimum excess availability		9,539						1,382			8,171			1,559
Line of Credit Facility, Number of Tranches	3
Line of Credit Facility, Commitment Fee Percentage											1.50%	1.50%							0.96%
Borrowing capacity		9,539						2,919			8,171			1,559
Financial guarantee capacity																	4,086
Less: outstanding financial guarantee requested																	(2,511)
Additional availability for financial guarantee																	1,575
Interest rates on financial guarantee requested																	2.10%	2.10%
Tangible net worth									85.00%	85.00%
Minimum tangible net amount									14,299	17,500
Line of Credit Facility, Covenants, Minimum Fixed Charges Coverage Ratio Required after June 30 2014									1.5	1.5
Maximum borrowing base ratio									0.8	0.8
Lending arrangement expiration																											1	1
Line of credit facility, average outstanding amount	4,584
Debt, weighted average interest rate	3.95%
Initial Term (in Years) of the Credit Agreement		2	2					3
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum								3.25%
Renewal Term (in months) after the initial term of the Lloyds Agreement		3	3
Percentage of eligible Temp receivable				83.00%	83.00%	75.00%	75.00%
Percentage of eligible Permanent receivable						25.00%	25.00%
Percentage of true credit note dilution limit		5.00%	5.00%
Debt Turns in days		55	55
Debt Turn rolling period in months		3	3
Letters of Credit Outstanding, Amount								$ (537)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax	$ 13,485	$ 17,203
Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net of Tax	128	(30)
Accumulated Other Comprehensive Income (Loss), Net of Tax	13,613	17,173
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax	$ 0	$ 63

The total of net gain (loss), prior service cost (credit), and transition assets (obligations), as well as minimum pension liability if still remaining, included in accumulated other comprehensive income associated with a defined benefit pension or other postretirement plan(s) because they have yet to be recognized as components of net periodic benefit cost.

+ References+ Details

Accumulated adjustment, net of tax, that results from the process of translating subsidiary financial statements and foreign equity investments into the reporting currency from the functional currency of the reporting entity, net of reclassification of realized foreign currency translation gains or losses.

+ References+ Details

Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

+ References+ Details

SEGMENT AND GEOGRAPHIC DATA Segment Information (Details) (USD $)
In Thousands, unless otherwise specified

3 Months Ended

12 Months Ended

Dec. 31, 2014

Sep. 30, 2014

Jun. 30, 2014

Mar. 31, 2014

Dec. 31, 2013

Sep. 30, 2013

Jun. 30, 2013

Mar. 31, 2013

Dec. 31, 2014

Segment

Dec. 31, 2013

Dec. 31, 2012

Number of reportable segments

$ 581,192

$ 562,572

$ 655,875

136,677

149,278

151,070

144,167

139,999

139,287

145,383

137,903

581,192

^[1]

562,572

^[1]

655,875

^[1]

222,845

209,429

257,793

53,258

55,687

59,871

54,029

52,838

50,491

55,106

50,994

222,845

209,429

257,793

3,789

5,440

7,506

662

1,336

(11,725)

^[2]

(20,471)

^[2]

(3,788)

^[2]

5,559

5,922

5,982

Income (loss) from continuing operations before provision for income taxes

(661)

(554)

(561)

(17,945)

(26,947)

(10,331)

Provision for (benefit from) income taxes from continuing operations

(2,159)

3,264

(3,109)

Long-lived assets, net of accumulated depreciation and amortization

74,079

76,467

74,079

76,467

88,592

11,842

^[3]

14,040

^[3]

11,842

^[3]

14,040

^[3]

19,556

^[3]

139,672

158,829

139,672

158,829

193,468

Hudson Americas

50,146

51,857

60,015

(2)

50,206

51,855

60,015

20,757

18,692

22,026

(4)

(14)

20,792

18,688

22,012

448

877

117

^[2]

(717)

^[2]

(1,124)

^[2]

485

494

694

Income (loss) from continuing operations before provision for income taxes

(90)

(458)

(1,195)

(1,807)

Provision for (benefit from) income taxes from continuing operations

(2,201)

(3,858)

Long-lived assets, net of accumulated depreciation and amortization

6,695

5,923

6,695

5,923

8,040

860

604

860

604

966

10,553

18,338

10,553

18,338

31,399

Hudson Asia Pacific

246,873

232,748

288,144

117

246,873

232,748

288,261

93,014

87,162

117,428

(143)

(71)

92,871

87,091

117,440

1,322

989

1,285

314

257

(890)

^[2]

(3,227)

^[2]

5,354

^[2]

3,287

3,192

3,197

(1,254)

(3,988)

Income (loss) from continuing operations before provision for income taxes

(199)

(183)

(235)

(4,376)

(7,856)

(2,066)

Provision for (benefit from) income taxes from continuing operations

3,489

(527)

Long-lived assets, net of accumulated depreciation and amortization

26,745

24,647

26,745

24,647

32,835

8,227

9,179

8,227

9,179

12,909

54,141

55,234

54,141

55,234

72,517

Hudson Europe

284,173

277,967

307,716

198

107

284,371

278,074

307,802

109,074

103,575

118,339

108

109,182

103,662

118,341

1,407

3,214

4,986

348

1,079

(1,187)

^[2]

(9,197)

^[2]

(4,406)

^[2]

1,247

1,592

1,450

(439)

(532)

(435)

Income (loss) from continuing operations before provision for income taxes

(37)

(2,910)

(11,294)

(6,234)

Provision for (benefit from) income taxes from continuing operations

(415)

858

Long-lived assets, net of accumulated depreciation and amortization

40,639

45,897

40,639

45,897

47,717

2,171

3,494

2,171

3,494

5,046

65,105

74,877

65,105

74,877

76,381

Corporate

966

789

358

(9,765)

^[2]

(7,330)

^[2]

(3,612)

^[2]

540

644

641

439

1,784

4,424

Income (loss) from continuing operations before provision for income taxes

(335)

(414)

(394)

(10,201)

(6,604)

(223)

Provision for (benefit from) income taxes from continuing operations

(4)

129

418

Long-lived assets, net of accumulated depreciation and amortization

584

763

584

763

635

9,873

10,380

9,873

10,380

13,171

Inter- segment elimination

(258)

(105)

(203)

(258)

(105)

(203)

(12)

(12)

^[2]

(1)

Income (loss) from continuing operations before provision for income taxes

(1)

Provision for (benefit from) income taxes from continuing operations

Long-lived assets, net of accumulated depreciation and amortization

$ 0

[1]	Revenue by geographic region disclosed above is net of any inter-segment revenue and, therefore, represents only revenue from external customers according to the location of the operating subsidiary.
[2]	SEC Regulation S-K 229.10(e)1(ii)(A) defines EBITDA as earnings before interest, taxes, depreciation and amortization. EBITDA is presented to provide additional information to investors about the Company's operations on a basis consistent with the measures that the Company uses to manage its operations and evaluate its performance. Management also uses this measurement to evaluate working capital requirements. EBITDA should not be considered in isolation or as a substitute for operating income and net income prepared in accordance with U.S. GAAP or as a measure of the Company's profitability.
[3]	Comprised of property and equipment and goodwill, net of accumulated depreciation and amortization. Corporate assets are included in the United States.

SEGMENT AND GEOGRAPHIC DATA Geographic Data Reporting (Details) (USD $)
In Thousands, unless otherwise specified

3 Months Ended

12 Months Ended

Dec. 31, 2014

Sep. 30, 2014

Jun. 30, 2014

Mar. 31, 2014

Dec. 31, 2013

Sep. 30, 2013

Jun. 30, 2013

Mar. 31, 2013

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Long-lived assets, net of accumulated depreciation and amortization

$ 136,677

$ 149,278

$ 151,070

$ 144,167

$ 139,999

$ 139,287

$ 145,383

$ 137,903

$ 581,192

^[1]

$ 562,572

^[1]

$ 655,875

^[1]

11,842

^[2]

14,040

^[2]

11,842

^[2]

14,040

^[2]

19,556

^[2]

139,672

158,829

139,672

158,829

193,468

59,257

74,385

59,257

74,385

106,541

107,357

Hudson Americas

Long-lived assets, net of accumulated depreciation and amortization

50,206

51,855

60,015

860

604

860

604

966

10,553

18,338

10,553

18,338

31,399

Hudson Asia Pacific

Long-lived assets, net of accumulated depreciation and amortization

246,873

232,748

288,261

8,227

9,179

8,227

9,179

12,909

54,141

55,234

54,141

55,234

72,517

Hudson Europe

Long-lived assets, net of accumulated depreciation and amortization

284,371

278,074

307,802

2,171

3,494

2,171

3,494

5,046

65,105

74,877

65,105

74,877

76,381

Corporate

Long-lived assets, net of accumulated depreciation and amortization

584

763

584

763

635

9,873

10,380

9,873

10,380

13,171

Inter- segment elimination

Long-lived assets, net of accumulated depreciation and amortization

(258)

(105)

(203)

United Kingdom

Long-lived assets, net of accumulated depreciation and amortization

181,155

^[1]

180,084

^[1]

201,205

^[1]

1,834

^[2]

2,890

^[2]

1,834

^[2]

2,890

^[2]

3,629

^[2]

18,894

21,479

18,894

21,479

26,750

Australia

Long-lived assets, net of accumulated depreciation and amortization

184,853

^[1]

169,998

^[1]

218,537

^[1]

5,404

^[2]

5,838

^[2]

5,404

^[2]

5,838

^[2]

9,015

^[2]

13,913

18,938

13,913

18,938

31,036

United States

Long-lived assets, net of accumulated depreciation and amortization

49,375

^[1]

50,859

^[1]

57,994

^[1]

1,429

^[2]

1,338

^[2]

1,429

^[2]

1,338

^[2]

1,552

^[2]

7,255

15,819

7,255

15,819

26,404

Continental Europe

Long-lived assets, net of accumulated depreciation and amortization

103,018

^[1]

97,883

^[1]

106,327

^[1]

330

^[2]

593

^[2]

330

^[2]

593

^[2]

1,409

^[2]

9,366

7,169

9,366

7,169

7,975

Other Asia Pacific

Long-lived assets, net of accumulated depreciation and amortization

62,020

^[1]

62,750

^[1]

69,791

^[1]

2,823

^[2]

3,341

^[2]

2,823

^[2]

3,341

^[2]

3,895

^[2]

9,772

10,791

9,772

10,791

14,122

Other Americas

Long-lived assets, net of accumulated depreciation and amortization

771

^[1]

998

^[1]

2,021

^[1]

^[2]

$ 57

$ 189

$ 57

$ 189

$ 254

[1]	Revenue by geographic region disclosed above is net of any inter-segment revenue and, therefore, represents only revenue from external customers according to the location of the operating subsidiary.
[2]	Comprised of property and equipment and goodwill, net of accumulated depreciation and amortization. Corporate assets are included in the United States.

Quarterly Financial Information Disclosure [Abstract]

Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.

+ References+ Details

SELECTED QUARTERLY FINANCIAL DATA Selected Quarterly Financial Data (Details) (USD $)
In Thousands, except Share data, unless otherwise specified

3 Months Ended

12 Months Ended

Dec. 31, 2014

Sep. 30, 2014

Jun. 30, 2014

Mar. 31, 2014

Dec. 31, 2013

Sep. 30, 2013

Jun. 30, 2013

Mar. 31, 2013

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

$ 136,677

$ 149,278

$ 151,070

$ 144,167

$ 139,999

$ 139,287

$ 145,383

$ 137,903

$ 581,192

^[1]

$ 562,572

^[1]

$ 655,875

^[1]

Income (Loss) from Continuing Operations

53,258

55,687

59,871

54,029

52,838

50,491

55,106

50,994

222,845

209,429

257,793

Operating income (loss)

(6,134)

(5,113)

(2,865)

(3,374)

(6,447)

(6,125)

(5,941)

(8,639)

(17,486)

(27,152)

(10,094)

(3,539)

(4,570)

(3,565)

(4,112)

(10,327)

(5,584)

(6,293)

(8,007)

(15,786)

(30,211)

(7,222)

Earnings (loss) per share from continuing operations, basic and diluted

$ 2,743

$ (7,019)

$ (4,374)

$ (4,544)

$ (11,295)

$ (5,047)

$ (5,811)

$ (8,242)

$ (13,194)

$ (30,395)

$ (5,335)

$ (0.11)

$ (0.14)

$ (0.11)

$ (0.13)

$ (0.32)

$ (0.17)

$ (0.19)

$ (0.25)

$ (0.48)

$ (0.93)

$ (0.22)

Earnings (loss) per share from discontinued operations, basic and diluted

$ 0.19

$ (0.07)

$ (0.02)

$ (0.01)

$ (0.03)

$ 0.02

$ 0.01

$ 0.00

$ 0.08

$ (0.01)

$ 0.05

Earnings Per Share, Basic and Diluted

$ 0.08

$ (0.21)

$ (0.13)

$ (0.14)

$ (0.35)

$ (0.15)

$ (0.18)

$ (0.25)

$ (0.40)

$ (0.94)

$ (0.17)

Weighted Average Number of Shares Outstanding, Basic and Diluted

32,995,000

32,910,000

32,752,000

32,641,000

32,600,000

32,717,000

32,344,000

32,843,000

32,493,000

32,600,000

Weighted-average common stock outstanding - diluted (in shares)

32,843,000

32,493,000

32,600,000

Common stock equivalents and outstanding stock options excluded from the calculation of diluted earnings (loss) per share (in thousands)

1,681,000

1,176,000

1,207,000

1,274,000

1,914,000

2,191,000

1,972,000

1,725,000

1,680,739

1,914,021

2,367,566

[1]	Revenue by geographic region disclosed above is net of any inter-segment revenue and, therefore, represents only revenue from external customers according to the location of the operating subsidiary.

SCHEDULE I - CONDENSED FINANCIAL INFORMATION OF THE REGISTRANT [Schedule] Condensed Statement of Operations (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended								12 Months Ended
	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Operating expenses:
Depreciation and amortization									$ 5,559	$ 5,922	$ 5,982
Business reorganization expenses									3,789	5,440	7,506
Operating income (loss)	(6,134)	(5,113)	(2,865)	(3,374)	(6,447)	(6,125)	(5,941)	(8,639)	(17,486)	(27,152)	(10,094)
Other income (expense):
Interest income (expense), net									(661)	(554)	(561)
Other income (expense), net									202	759	324
Provision for (benefit from) income taxes from continuing operations									(2,159)	3,264	(3,109)
Net income (loss)	2,743	(7,019)	(4,374)	(4,544)	(11,295)	(5,047)	(5,811)	(8,242)	(13,194)	(30,395)	(5,335)
Parent Company
Operating expenses:
Selling, general and administrative expenses									16,948	15,953	18,272
Depreciation and amortization									541	645	641
Business reorganization expenses									967	790	359
Operating income (loss)									(18,456)	(17,388)	(19,272)
Other income (expense):
Interest income (expense), net									103	105	43
Other income (expense), net									8,150	9,412	15,016
Income (Loss) from Subsidiaries, Net of Tax									(2,995)	(22,522)	(1,103)
Income (loss) from continuing operations before provision for income taxes									(10,203)	(7,871)	(4,213)
Provision for (benefit from) income taxes from continuing operations									(4)	2	19
Net income (loss)									$ (13,194)	$ (30,395)	$ (5,335)

SCHEDULE I - CONDENSED FINANCIAL INFORMATION OF THE REGISTRANT [Schedule] Condensed Balance Sheet (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Current assets:
Cash and cash equivalents	$ 33,989	$ 37,378	$ 38,653	$ 37,302
Prepaid and other	9,604	7,960
Total current assets	118,921	134,323
Property and equipment, net	9,840	11,989
Other assets	5,263	5,393
Total assets	139,672	158,829	193,468
Current liabilities:
Total current liabilities	67,117	69,818
Other Liabilities, Noncurrent	5,002	5,421
Total liabilities	80,415	84,444
Total stockholders’ equity	59,257	74,385	106,541	107,357
Total liabilities and stockholders' equity	139,672	158,829
Parent Company
Current assets:
Cash and cash equivalents	7,006	7,470	9,475	13,628
Prepaid and other	1,366	449
Total current assets	8,372	7,919
Property and equipment, net	584	1,694
Investment in and advances to/from subsidiaries	54,785	67,821
Other assets	917	766
Total assets	64,658	78,200
Current liabilities:
Accounts payable, accrued expenses and other current liabilities	4,937	2,621
Total current liabilities	4,937	2,621
Other Liabilities, Noncurrent	464	1,194
Total liabilities	5,401	3,815
Total stockholders’ equity	59,257	74,385
Total liabilities and stockholders' equity	$ 64,658	$ 78,200

SCHEDULE I - CONDENSED FINANCIAL INFORMATION OF THE REGISTRANT [Schedule] Condensed Statements of Cash Flows (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Cash flows from operating activities:
Net income (loss)	$ (13,194)	$ (30,395)	$ (5,335)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Stock-based compensation	1,325	2,090	2,574
Other, net	354	562	481
Changes in assets and liabilities, net of effect of dispositions:
(Increase) decrease in prepaid and other assets	(1,731)	1,227	3,448
Increase (decrease) in accounts payable, accrued expenses and other liabilities	4,213	(2,100)	(22,452)
Increase (decrease) in accrued business reorganization expenses	2,684	818	1,878
Net cash provided by (used in) operating activities	(17,840)	2,513	13,159
Cash flows from investing activities:
Capital expenditures	(5,346)	(2,557)	(8,647)
Net cash provided by (used in) investing activities	16,731	(2,557)	(8,272)
Cash flows from financing activities:
Borrowings under credit agreements	133,030	17,314	74,534
Purchase of restricted stock from employees	(138)	(488)	(600)
Net cash provided by (used in) financing activities	(1,256)	(497)	(4,274)
Net (decrease) increase in cash and cash equivalents	(3,389)	(1,275)	1,351
Cash and cash equivalents, beginning of the period	37,378	38,653	37,302
Cash and cash equivalents, end of the period	33,989	37,378	38,653
Parent Company
Cash flows from operating activities:
Net income (loss)	(13,194)	(30,395)	(5,335)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Dividends received from subsidiaries	0	2,341	6,255
Non-cash (income) losses from subsidiaries, net of taxes	2,995	22,522	1,103
Depreciation and amortization	541	645	641
Stock-based compensation	405	953	1,479
Other, net	248	368	368
Changes in assets and liabilities, net of effect of dispositions:
(Increase) decrease in prepaid and other assets	(744)	144	1,151
(Increase) decrease in due from subsidiaries	11,910	10,409	(6,736)
Increase (decrease) in accounts payable, accrued expenses and other liabilities	837	(1,597)	(2,443)
Increase (decrease) in accrued business reorganization expenses	793	134	40
Net cash provided by (used in) operating activities	3,791	5,524	(3,477)
Cash flows from investing activities:
Capital expenditures	0	(368)	(76)
Advances to and investments in subsidiaries, net	(4,126)	(6,673)	0
Net cash provided by (used in) investing activities	(4,126)	(7,041)	(76)
Cash flows from financing activities:
Borrowings under credit agreements	22,081	514	6,862
Repayments under credit facility	(22,081)	(514)	(6,862)
Purchase of restricted stock from employees	(129)	(488)	(600)
Net cash provided by (used in) financing activities	(129)	(488)	(600)
Net (decrease) increase in cash and cash equivalents	(464)	(2,005)	(4,153)
Cash and cash equivalents, beginning of the period	7,470	9,475	13,628
Cash and cash equivalents, end of the period	$ 7,006	$ 7,470	$ 9,475

SCHEDULE I - CONDENSED FINANCIAL INFORMATION OF THE REGISTRANT [Schedule] Notes to Condensed Financial Information of Registrant (Details) (USD $) In Thousands, unless otherwise specified					12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2014 Parent Company	Dec. 31, 2013 Parent Company	Dec. 31, 2012 Parent Company	Dec. 31, 2014 Restricted Net Assets Parent Company
Condensed Financial Statements, Captions [Line Items]
Stockholders' equity attributable to parent	$ 59,257	$ 74,385	$ 106,541	$ 107,357	$ 59,257	$ 74,385		$ 26,436
Restricted net asset percentage					25.00%
Dividends received from subsidiaries					$ 0	$ 2,341	$ 6,255