ModivCare (MODV) 10-Q 8 Nov 17 2017 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2017	Nov. 03, 2017
Document Entity Information [Abstract]
Entity Registrant Name	PROVIDENCE SERVICE CORP
Entity Central Index Key	1,220,754
Trading Symbol	prsc
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding (in shares)		13,305,502
Document Type	10-Q
Document Period End Date	Sep. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q3
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 92,178	$ 72,262
Accounts receivable, net of allowance of $5,765 in 2017 and $5,901 in 2016	175,162	162,115
Other receivables	5,555	12,639
Prepaid expenses and other	39,083	37,895
Restricted cash	1,198	3,192
Total current assets	313,176	288,103
Property and equipment, net	48,191	46,220
Goodwill	121,555	119,624
Intangible assets, net	45,750	49,124
Equity investments	157,067	161,363
Other assets	12,911	8,397
Restricted cash, less current portion	5,902	10,938
Deferred tax asset	4,436	1,510
Total assets	708,988	685,279
Current liabilities:
Current portion of long-term obligations	1,528	1,721
Accounts payable	19,921	22,177
Accrued expenses	103,397	102,381
Accrued transportation costs	101,195	72,356
Deferred revenue	17,421	20,522
Reinsurance and related liability reserves	4,881	8,639
Total current liabilities	248,343	227,796
Long-term obligations, less current portion	566	1,890
Other long-term liabilities	23,968	22,380
Deferred tax liabilities	54,363	57,973
Total liabilities	327,240	310,039
Commitments and contingencies (Note 11)
Stockholders' equity
Common stock: Authorized 40,000,000 shares; $0.001 par value; 17,446,673 and 17,315,661 issued and outstanding (including treasury shares)	17	17
Additional paid-in capital	310,017	302,010
Retained earnings	167,004	156,718
Accumulated other comprehensive loss, net of tax	(26,331)	(33,449)
Treasury shares, at cost, 3,944,171 and 3,478,676 shares	(144,201)	(125,201)
Total Providence stockholders' equity	306,506	300,095
Noncontrolling interest	(2,307)	(2,420)
Total stockholders' equity	304,199	297,675
Total liabilities, redeemable convertible preferred stock and stockholders' equity	708,988	685,279
Convertible preferred stock
Redeemable convertible preferred stock
Convertible preferred stock, net: Authorized 10,000,000 shares; $0.001 par value; 803,232 and 803,398 issued and outstanding; 5.5%/8.5% dividend rate	$ 77,549	$ 77,565

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2017	Dec. 31, 2016
Accounts receivable allowance	$ 5,765	$ 5,901
Common stock, shares authorized (in shares)	40,000,000	40,000,000
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares issued (in shares)	17,446,673	17,315,661
Common stock, shares outstanding (in shares)	17,446,673	17,315,661
Treasury shares, shares (in shares)	3,944,171	3,478,676
Convertible preferred stock
Convertible preferred stock, Shares Authorized (in shares)	10,000,000	10,000,000
Convertible preferred stock, Par Value (in dollars per share)	$ 0.001	$ 0.001
Convertible preferred stock, Shares Issued (in shares)	803,232	803,398
Convertible preferred stock, Shares Outstanding (in shares)	803,232	803,398
Convertible preferred stock | Cash Dividends
Convertible preferred stock, dividend rate	5.50%	5.50%
Convertible preferred stock | Paid-in-kind Dividends
Convertible preferred stock, dividend rate	8.50%	8.50%

Unaudited Condensed Consolidate

Unaudited Condensed Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Income Statement [Abstract]
Service revenue, net	$ 409,517	$ 412,271	$ 1,216,994	$ 1,192,426
Operating expenses:
Service expense	378,032	378,488	1,124,478	1,095,011
General and administrative expense	18,629	17,320	53,705	52,548
Depreciation and amortization	6,547	6,670	19,716	20,058
Total operating expenses	403,208	402,478	1,197,899	1,167,617
Operating income	6,309	9,793	19,095	24,809
Other expenses:
Interest expense, net	302	338	983	1,239
Equity in net (gain) loss of investees	460	1,517	991	5,693
Gain on sale of equity investment	(12,606)	0	(12,606)	0
Loss (gain) on foreign currency transactions	200	(482)	600	(1,332)
Income from continuing operations before income taxes	17,953	8,420	29,127	19,209
Provision for income taxes	2,989	4,678	8,391	12,466
Income from continuing operations, net of tax	14,964	3,742	20,736	6,743
Discontinued operations, net of tax	(16)	(2,791)	(6,000)	332
Net income	14,948	951	14,736	7,075
Net loss (income) attributable to noncontrolling interests	(95)	(301)	(295)	433
Net income attributable to Providence	14,853	650	14,441	7,508
Net income (loss) available to common stockholders (Note 9)	$ 11,962	$ (745)	$ 8,927	$ 3,697
Basic earnings (loss) per common share:
Continuing operations (in dollars per share)	$ 0.88	$ 0.14	$ 1.10	$ 0.23
Discontinued operations (in dollars per share)	0	(0.19)	(0.44)	0.02
Basic earnings (loss) per common share (in dollars per share)	0.88	(0.05)	0.66	0.25
Diluted earnings (loss) per common share:
Continuing operations (in dollars per share)	0.88	0.14	1.09	0.23
Discontinued operations (in dollars per share)	0	(0.19)	(0.44)	0.02
Diluted earnings (loss) per common share (in dollars per share)	$ 0.88	$ (0.05)	$ 0.65	$ 0.25
Weighted-average number of common shares outstanding:
Basic (in shares)	13,581,662	14,523,408	13,612,764	14,823,757
Diluted (in shares)	13,655,554	14,634,483	13,676,468	14,943,024

Unaudited Condensed Consolidat5

Unaudited Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Statement of Comprehensive Income [Abstract]
Net income	$ 14,948	$ 951	$ 14,736	$ 7,075
Net loss (income) attributable to noncontrolling interest	(95)	(301)	(295)	433
Net income attributable to Providence	14,853	650	14,441	7,508
Other comprehensive income (loss):
Foreign currency translation adjustments, net of tax	2,165	(2,808)	6,591	(11,140)
Reclassification of translation loss realized upon sale of equity investment	527	0	527	0
Other comprehensive income (loss):	2,692	(2,808)	7,118	(11,140)
Comprehensive income (loss)	17,640	(1,857)	21,854	(4,065)
Comprehensive loss (income) attributable to noncontrolling interest	(26)	(266)	(113)	378
Comprehensive income (loss) attributable to Providence	$ 17,614	$ (2,123)	$ 21,741	$ (3,687)

Unaudited Condensed Consolidat6

Unaudited Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Statement of Cash Flows [Abstract]
Net income (loss)	$ 14,736	$ 7,075
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	13,802	17,039
Amortization	5,914	24,140
Provision for doubtful accounts	1,258	2,196
Stock-based compensation	4,586	3,204
Deferred income taxes	(7,062)	(15,446)
Amortization of deferred financing costs and debt discount	516	1,573
Equity in net loss of investees	991	5,693
Gain on sale of equity investment	(12,606)	0
Other non-cash charges (credits)	555	(1,279)
Changes in operating assets and liabilities:
Accounts receivable	(10,647)	(22,116)
Prepaid expenses and other	7,517	(9,900)
Reinsurance and related liability reserve	(4,924)	984
Accounts payable and accrued expenses	(3,407)	32,530
Income taxes payable on sale of business	0	(30,153)
Accrued transportation costs	28,839	31,935
Deferred revenue	(4,537)	(7,460)
Other long-term liabilities	1,399	5,242
Net cash provided by operating activities	36,930	45,257
Investing activities
Purchase of property and equipment	(15,293)	(33,928)
Net increase from short-term investments	300	242
Equity investments	0	(6,381)
Cost method investments	(3,000)	0
Loan to joint venture	(566)	0
Repayment of loan from joint venture	576	0
Proceeds from sale of equity investment	15,823	0
Restricted cash for reinsured claims losses and other	7,029	4,917
Net cash provided by (used in) investing activities	4,869	(35,150)
Financing activities
Preferred stock dividends	(3,305)	(3,309)
Repurchase of common stock, for treasury	(18,763)	(53,214)
Proceeds from common stock issued pursuant to stock option exercise	1,528	4,099
Performance restricted stock surrendered for employee tax payment	(96)	0
Repayment of long-term debt	0	(23,250)
Proceeds from long-term debt	0	43,500
Capital lease payments and other	(1,711)	(47)
Net cash used in financing activities	(22,347)	(32,221)
Effect of exchange rate changes on cash	464	(39)
Net change in cash and cash equivalents	19,916	(22,153)
Cash and cash equivalents at beginning of period	72,262	84,770
Cash and cash equivalents at end of period	92,178	62,617
Supplemental cash flow information:
Cash paid for interest	776	8,873
Cash paid for income taxes	14,804	50,037
Prepaid financing and subsidiary stock issuance costs	0	1,049
Accrued unfunded future equity investment capital contributions	0	1,590
Purchase of equipment through capital lease obligation	$ 0	$ 809

Organization and Basis of Prese

Organization and Basis of Presentation	9 Months Ended
	Sep. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Basis of Presentation	Organization and Basis of Presentation Description of Business The Providence Service Corporation (“we”, the “Company” or “Providence”), through its subsidiaries and other companies in which it owns interests, is primarily engaged in the provision of healthcare and workforce development services for public and private sector entities seeking to control costs and promote positive outcomes. The subsidiaries and other companies in which the Company holds interests comprise the following segments: • Non-Emergency Transportation Services (“NET Services”) – Nationwide provider of non-emergency medical transportation programs for state governments and managed care organizations. • Workforce Development Services (“WD Services”) – Global provider of employment preparation and placement and legal offender rehabilitation services to eligible participants of government sponsored programs. • Matrix Investment – Minority interest in nationwide provider of in-home care optimization and management solutions, including comprehensive health assessments, to members of managed care organizations, accounted for as an equity method investment. Basis of Presentation The Company follows accounting standards set by the Financial Accounting Standards Board (“FASB”). The FASB establishes accounting principles generally accepted in the United States (“GAAP”). Rules and interpretive releases of the Securities and Exchange Commission (“SEC”) under authority of federal securities laws are also sources of authoritative GAAP for SEC registrants. References to GAAP issued by the FASB in these footnotes are to the FASB Accounting Standards Codification (“ASC”), which serves as the single source of authoritative non-SEC accounting and reporting standards to be applied by non-governmental entities. All amounts are presented in United States (“U.S.”) dollars, unless otherwise noted. The Company’s unaudited condensed consolidated financial statements have been prepared in accordance with GAAP for interim financial information, and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all the information and disclosures required by GAAP for complete financial statements. In the opinion of management, all adjustments considered necessary for the fair presentation of the results of the interim periods have been included. The Company has made estimates relating to the reporting of assets and liabilities, revenues and expenses and certain disclosures to prepare these unaudited condensed consolidated financial statements in conformity with GAAP. Actual results could differ from those estimates. Operating results for the three and nine months ended September 30, 2017 are not necessarily indicative of the results that may be expected for the fiscal year ending December 31, 2017 . Management has evaluated events and transactions that occurred after the balance sheet date and through the date these unaudited condensed consolidated financial statements were filed, and considered the effect of such events in the preparation of these unaudited condensed consolidated financial statements. The condensed consolidated balance sheet at December 31, 2016 has been derived from the audited financial statements at that date, but does not include all the information and footnotes required by GAAP for complete financial statements. The unaudited condensed consolidated financial statements contained herein should be read in conjunction with the audited financial statements and notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2016 . The Company holds investments that are accounted for using the equity method. The Company does not control the decision-making process or business management practices of these affiliates. While the Company has access to certain information and performs certain procedures to review the reasonableness of information, the Company relies on management of these affiliates to provide accurate financial information prepared in accordance with GAAP. The Company receives audit reports relating to such financial information from the affiliates’ independent auditors on an annual basis. The Company is not aware of any errors in or possible misstatements of the financial information provided by its equity affiliates that would have a material effect on the Company’s condensed consolidated financial statements. Reclassifications We have reclassified certain amounts relating to our prior period results to conform to our current period presentation. On October 19, 2016, affiliates of Frazier Healthcare Partners purchased a 53.2% equity interest in CCHN Group Holdings, Inc. and its subsidiaries (“Matrix”) with Providence retaining a 46.8% equity interest (the “Matrix Transaction”). Prior to the closing of the Matrix Transaction, the financial results of Matrix were included in the Company’s Health Assessment Services (“HA Services”) segment. Operating results for this segment are reported as discontinued operations, net of tax in the condensed consolidated statements of income for the three and nine months ended September 30, 2016 . See Note 13, Discontinued Operations, for further information . See Note 2, Significant Accounting Policies and Recent Accounting Pronouncements , for additional information on other reclassifications.

Significant Accounting Policies

Significant Accounting Policies and Recent Accounting Pronouncements	9 Months Ended
	Sep. 30, 2017
Accounting Policies [Abstract]
Significant Accounting Policies and Recent Accounting Pronouncements	Significant Accounting Policies and Recent Accounting Pronouncements The Company adopted the following accounting pronouncements during the nine months ended September 30, 2017 : In November 2015, the FASB issued Accounting Standards Update (“ASU”) No. 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes (“ASU 2015-17”), which changes how deferred taxes are classified on organizations’ balance sheets. The ASU eliminates the current requirement for organizations to present deferred tax liabilities and assets as current and noncurrent in a classified balance sheet. Instead, organizations will be required to classify all deferred tax assets and liabilities as noncurrent. The amendments apply to all organizations that present a classified balance sheet. For public companies, the amendments are effective for financial statements issued for annual periods beginning after December 16, 2016, and interim periods within those annual periods. The Company adopted ASU 2015-17 retrospectively on January 1, 2017, which resulted in the reclassification of the December 31, 2016 deferred tax assets-current balance of $6,825 and non-current deferred tax assets of $2,493 to long-term deferred tax liabilities in the amount of $9,318 . In March 2016, the FASB issued ASU No. 2016-07, Investments - Equity Method and Joint Ventures (Topic 323): Simplifying the Transition to the Equity Method of Accounting (“ASU 2016-07”). ASU 2016-07 eliminates the requirement that when an investment qualifies for use of the equity method as a result of an increase in the level of ownership interest or degree of influence, an investor must adjust the investment, results of operations, and retained earnings retroactively on a step-by-step basis as if the equity method had been in effect during all previous periods that the investment had been held. ASU 2016-07 instead specifies that the investor should add the cost of acquiring the additional interest in the investee to the current basis of the investor’s previously held interest and apply the equity method of accounting as of the date the investment became qualified for equity method accounting. ASU 2016-07 is effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016 and should be applied prospectively. The Company adopted ASU 2016-07 on January 1, 2017. The adoption of ASU 2016-07 had no impact on the Company’s financial statements or disclosures. In March 2016, the FASB issued ASU No. 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting (“ASU 2016-09”). ASU 2016-09 is intended to improve the accounting for employee share-based payments and affect all organizations that issue share-based payment awards to their employees. Several aspects of the accounting for share-based payment award transactions are simplified, including income tax consequences, classification of awards as either equity or liabilities and classification in the statement of cash flows. For public companies, the amendments are effective for annual periods beginning after December 15, 2016, and interim periods within those annual periods. The Company adopted ASU 2016-09 on January 1, 2017, and elected to recognize forfeitures as they occur. As a result, the Company recorded a cumulative effect adjustment of $850 to retained earnings as of January 1, 2017. Upon adoption, all excess tax benefits and tax deficiencies related to employee share-based payments are recognized through income tax expense prospectively. For the three and nine months ended September 30, 2017 , the Company recorded excess tax deficiencies of $261 and $148 , respectively, as an increase to the provision for income taxes. The Company excluded the related tax benefits when applying the treasury stock method for computing diluted shares outstanding on a prospective basis resulting in a decrease in diluted weighted average shares outstanding of 4,779 and 7,451 shares, respectively, for the three and nine months ended September 30, 2017 . The adoption of ASU 2016-09 subjects our tax rate to quarterly volatility from the effects of stock award exercises and vesting activities, including the adverse impact on our income tax provision for awards which result in a tax deduction less than the amount recorded for financial reporting purposes based upon the fair value of the award at the grant date. For example, no shares will be distributed under the Company’s 2015 Holding Company LTI Program (the “HoldCo LTIP”) unless the volume weighted average of Providence’s stock price over a 90-day period ending on December 31, 2017 exceeds $56.79 . If this market condition is not satisfied, a significant tax shortfall will result, causing an adverse impact on our tax provision. The Company elected to apply the change in classification of cash flows resulting from excess tax benefits or deficiencies on a retrospective basis. This resulted in an increase in cash flows provided by operating activities of $276 and an increase of $276 in cash flows used in financing activities in the condensed consolidated statement of cash flows for the nine months ended September 30, 2016 . Additionally, ASU 2016-09 requires that employee taxes paid when an employer withholds shares for tax-withholding purposes be reported as financing activities in the consolidated statements of cash flows, which is how the Company has historically classified these amounts. In January 2017, the FASB issued ASU No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business (“ASU 2017-01”). ASU 2017-01 clarifies the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The definition of a business affects many areas of accounting including acquisitions, disposals, goodwill, and consolidation. ASU 2017-01 is effective for annual periods beginning after December 15, 2017, including interim periods within those periods. The Company adopted ASU 2017-01 on April 1, 2017. The adoption of ASU 2017-01 had no impact on the Company’s financial statements or disclosures. In January 2017, the FASB issued ASU No. 2017-04, Intangibles-Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment (“ASU 2017-04”) . ASU 2017-04 removes the requirement to compare the implied fair value of goodwill with its carrying amount as part of step two of the goodwill impairment test. As a result, under ASU 2017-04, an entity should perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount and should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the impairment loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. This guidance is effective prospectively for fiscal years beginning after December 15, 2019. Early adoption is permitted for interim or annual goodwill impairment tests performed after January 1, 2017. The Company adopted ASU 2017-04 on April 1, 2017. The adoption of ASU 2017-04 had no impact on the Company’s financial statements or disclosures. Updates to the recent accounting pronouncements as disclosed in the Company’s Form 10-K for the year ended December 31, 2016 are as follows: In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASU 2014-09”) . ASU 2014-09 introduced FASB Accounting Standards Codification Topic 606 (“ASC 606”), which will replace most currently applicable existing revenue recognition guidance and is intended to improve and converge with international standards the financial reporting requirements for revenue from contracts with customers. The core principle of ASU 2014-09 is that an entity should recognize revenue for the transfer of goods or services equal to the amount that it expects to be entitled to receive for those goods or services. ASU 2014-09 also requires additional disclosures about the nature, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments. ASU 2014-09 allows for adoption either on a full retrospective basis to each prior reporting period presented or on a modified retrospective basis with the cumulative effect of initially applying the new guidance recognized at the date of initial application, which will be effective for the Company beginning January 1, 2018. The Company has developed an adoption plan, assembled a cross-functional project team and is in the process of assessing the impacts of applying ASC 606 to the Company’s financial statements, information systems and internal controls. The Company has elected to adopt ASU 2014-09 using the modified retrospective method. Additionally, the Company has performed detailed reviews of a significant number of its existing contracts with customers. These reviews have focused on several key considerations which could impact the Company's accounting and reporting under the new standard: • the effect of specified clauses on the term of many of the Company’s contracts with customers; • the nature of the promises in many of the Company’s contracts with customers to perform integrated services over a period of time; • whether and how much variable consideration to include when determining the transaction prices for its contracts with customers; • whether any of the Company’s customer contracts require performance over a series of distinct service periods and the impact on determining and allocating the transaction price; and • the manner in which the Company will measure its progress towards fully satisfying its performance obligations, including a determination of whether the Company may be able to use certain practical expedients. These reviews are substantially complete for NET Services and are ongoing for WD Services. The Company expects little to no impact within NET Services from the adoption of ASU 2014-09, and is implementing controls and process changes needed to apply ASC 606. Within WD Services, the Company expects certain amounts of variable consideration related to contingent revenue will be accelerated. Such amounts were previously deferred until the final resolution of the contingency. Management’s assessment is ongoing; however, management does not believe the impact of ASC 606 on its financial statements will be significant based on the procedures performed to date. In January 2017, the FASB issued ASU No. 2017-03, Accounting Changes and Error Corrections (Topic 250) and Investments - Equity Method and Joint Ventures (Topic 323) (“ASU 2017-03”). ASU 2017-03 expands required qualitative disclosures when registrants cannot reasonably estimate the impact that adoption of an ASU will have on the financial statements. Such qualitative disclosures would include a comparison of the registrant’s new accounting policies, if determined, to current accounting policies, a description of the status of the registrant’s process to implement the new standard and a description of the significant implementation matters yet to be addressed by the registrant. Other than enhancements to the qualitative disclosures regarding future adoption of new ASUs, adoption of the provisions of this standard is not expected to have any impact on the Company’s consolidated financial statements. In May 2017, the FASB issued ASU No. 2017-09, Compensation–Stock Compensation (Topic 718): Scope of Modification Accounting (“ASU 2017-09”). ASU 2017-09 provides guidance about which changes to the terms of a share-based payment award should be accounted for as a modification. A change to an award should be accounted for as a modification unless the fair value of the modified award is the same as the original award, the vesting conditions do not change, and the classification as an equity or liability instrument does not change. This guidance is effective for fiscal years beginning after December 15, 2017. Early adoption is permitted. The adoption of ASU 2017-09 is not expected to have a material impact on the Company’s consolidated financial statements. There were no other significant updates to the new accounting guidance not yet adopted by the Company as disclosed in its Form 10-K for the year ended December 31, 2016 .

Equity Investment

Equity Investment	9 Months Ended
	Sep. 30, 2017
Equity Method Investment, Summarized Financial Information [Abstract]
Equity Investment	Equity Investment Matrix Prior to the closing of the Matrix Transaction on October 19, 2016, the financial results of Matrix were included in the Company’s HA Services segment. Subsequent to the closing of the Matrix Transaction, the Company owned a 46.8% noncontrolling interest in Matrix. As of September 30, 2017 , the Company owned a 46.6% noncontrolling interest in Matrix. Pursuant to a Shareholder’s Agreement, affiliates of Frazier Healthcare Partners hold rights necessary to control the fundamental operations of Matrix. The Company accounts for this investment in Matrix under the equity method of accounting and the Company’s share of Matrix’s income or losses are recorded as “Equity in net (gain) loss of investees” in the accompanying condensed consolidated statements of income. The carrying amount of the assets included in the Company’s condensed consolidated balance sheet and the maximum loss exposure related to the Company’s interest in Matrix as of September 30, 2017 and December 31, 2016 totaled $156,883 and $157,202 , respectively. Summary financial information for Matrix on a standalone basis is as follows: September 30, 2017 December 31, 2016 Current assets $ 50,015 $ 28,589 Long-term assets 598,842 614,841 Current liabilities 39,273 25,791 Long-term liabilities 270,816 281,348 Three months ended Revenue $ 58,639 Operating income 3,159 Net loss (537 ) Nine months ended Revenue $ 175,346 Operating income 10,109 Net loss (775 ) See Note 13, Discontinued Operations , for Matrix’s 2016 results of operations. Mission Providence The Company entered into a joint venture agreement in November 2014 with Mission Australia ACN ("Mission Australia") to form Mission Providence Pty Ltd (“Mission Providence”). Mission Providence delivers employment preparation and placement services in Australia. The Company had a 60% ownership interest in Mission Providence, and had rights to 75% of Mission Providence’s distributions of cash or profit surplus twice per calendar year. The Company accounted for this investment under the equity method of accounting and the Company’s share of Mission Providence’s income or losses was recorded as “Equity in net (gain) loss of investees” in the accompanying condensed consolidated statements of income. Cash contributions made to Mission Providence in exchange for its equity interests are included in the condensed consolidated statements of cash flows as “Equity investments.” On September 29, 2017, the Company and Mission Australia completed the sale of 100% of the stock of Mission Providence pursuant to a share sale agreement. Upon the sale of Mission Providence, the Company received AUD 20,184 , or $15,823 of proceeds, for its equity interest, net of transaction fees. The related gain on sale of Mission Providence totaling $12,606 is recorded as “Gain on sale of equity investment” in the accompanying condensed consolidated statements of income. The carrying amount of the assets included in the Company’s condensed consolidated balance sheet related to the Company’s interest in Mission Providence was $4,021 at December 31, 2016. Summary financial information for Mission Providence on a standalone basis is as follows: December 31, 2016 Current assets $ 4,640 Long-term assets 10,473 Current liabilities 12,844 Long-term liabilities 1,655 Three months ended September 30, 2017 2016 Revenue $ 10,244 $ 9,349 Operating loss (599 ) (2,903 ) Net loss (651 ) (2,059 ) Nine months ended September 30, 2017 2016 Revenue $ 30,125 $ 26,475 Operating loss (1,765 ) (10,697 ) Net loss (1,934 ) (7,627 )

Prepaid Expenses and Other

Prepaid Expenses and Other	9 Months Ended
	Sep. 30, 2017
Prepaid Expense and Other Assets, Current [Abstract]
Prepaid Expenses and Other	Prepaid Expenses and Other Prepaid expenses and other were comprised of the following: September 30, December 31, Prepaid income taxes $ 3,819 $ 1,467 Escrow funds 10,000 10,000 Prepaid insurance 2,778 3,153 Prepaid taxes and licenses 2,526 3,570 Note receivable 3,201 3,130 Prepaid rent 2,727 2,013 Deposits held for leased premises and bonds 2,744 2,609 Other 11,288 11,953 Total prepaid expenses and other $ 39,083 $ 37,895 Escrow funds represent amounts related to potential indemnification claims from the sale of the Human Services segment, which was completed on November 1, 2015. The Company has accrued $15,000 as a contingent liability for the settlement of potential indemnification claims, which is included in “Accrued expenses” in the condensed consolidated balance sheet as of September 30, 2017 . While the matter is not resolved, it is highly likely the escrow funds will be used to satisfy a portion of this settlement. See Note 11, Commitments and Contingencies , for further information.

Accrued Expenses

Accrued Expenses	9 Months Ended
	Sep. 30, 2017
Accrued Liabilities, Current [Abstract]
Accrued Expenses	Accrued Expenses Accrued expenses consisted of the following: September 30, December 31, 2016 Accrued compensation $ 24,058 $ 23,050 NET Services accrued contract payments 26,504 32,836 Accrued settlement 15,000 6,000 Income taxes payable — 372 Other 37,835 40,123 Total accrued expenses $ 103,397 $ 102,381

Restructuring and Related Reorg

Restructuring and Related Reorganization Costs	9 Months Ended
	Sep. 30, 2017
Restructuring and Related Activities [Abstract]
Restructuring and Related Organization Costs	Restructuring and Related Reorganization Costs WD Services has three redundancy programs. Two redundancy plans were approved in 2015 and have been substantially completed; a plan related to the termination of employees delivering services under an offender rehabilitation program (“Offender Rehabilitation Program”) and a plan related to the termination of employees delivering services under the Company’s employability and skills training programs and certain other employees in the United Kingdom (“UK Restructuring Program”). In addition, a redundancy plan related to the termination of employees as part of a value enhancement project ("Ingeus Futures Program") to better align costs at Ingeus with revenue and to improve overall operating performance was approved in 2016. The Company recorded severance and related charges of $1,117 and $4,741 during the nine months ended September 30, 2017 and 2016 , respectively, relating to the termination benefits for employee groups and specifically identified employees impacted by these plans. The severance charges incurred are recorded as “Service expense” in the accompanying condensed consolidated statements of income. The initial estimate of severance and related charges for the plans was based upon the employee groups impacted, average salary and benefits, and redundancy benefits pursuant to the existing policies. Additional charges above the initial estimates were incurred for the redundancy plans during the nine months ended September 30, 2017 and 2016 related to the actualization of termination benefits for specifically identified employees impacted under these plans, as well as an increase in the number of individuals impacted by these plans. The final identification of the employees impacted by each program is subject to customary consultation procedures. Summary of Severance and Related Charges January 1, Costs Incurred Cash Payments Foreign Exchange Rate Adjustments September 30, 2017 Ingeus Futures' Program $ 2,486 $ 1,186 $ (3,086 ) $ 158 $ 744 Offender Rehabilitation Program 1,380 (40 ) (1,357 ) 17 — UK Restructuring Program 50 (29 ) — 3 24 Total $ 3,916 $ 1,117 $ (4,443 ) $ 178 $ 768 January 1, Costs Incurred Cash Payments Foreign Exchange Rate Adjustments September 30, 2016 Offender Rehabilitation Program $ 6,538 $ 4,204 $ (6,075 ) $ (906 ) $ 3,761 UK Restructuring Program 2,059 537 (2,379 ) (103 ) 114 Total $ 8,597 $ 4,741 $ (8,454 ) $ (1,009 ) $ 3,875 The total of accrued severance and related costs of $768 is reflected in “Accrued expenses” in the condensed consolidated balance sheet at September 30, 2017 . The amount accrued as of September 30, 2017 is expected to be settled principally by the end of 2017 .

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Sep. 30, 2017
Stockholders' Equity Note [Abstract]
Stockholders' Equity	Stockholders’ Equity The following table reflects changes in common stock, additional paid-in capital, retained earnings, accumulated other comprehensive loss, treasury stock and noncontrolling interest for the nine months ended September 30, 2017 : Common Stock Additional Paid-In Capital Retained Earnings Accumulated Other Comprehensive Loss Treasury Stock Non-controlling Interest Total Shares Amount Shares Amount Balance at December 31, 2016 17,315,661 $ 17 $ 302,010 $ 156,718 $ (33,449 ) 3,478,676 $ (125,201 ) $ (2,420 ) $ 297,675 Stock-based compensation — — 4,636 — — — — — 4,636 Exercise of employee stock options 70,283 — 1,468 — — 5,665 (238 ) — 1,230 Restricted stock issued 31,316 — — — — 17,865 (779 ) — (779 ) Performance restricted stock issued 3,773 — (96 ) — — — — — (96 ) Shares issued for bonus settlement and director stipend 25,225 1,107 — — — — 1,107 Stock repurchase plan — — — — — 441,965 (17,983 ) — (17,983 ) Conversion of convertible preferred stock to common stock 415 — 17 — — — — — 17 Foreign currency translation adjustments, net of tax — — — — 6,591 — — (182 ) 6,409 Reclassification of translation loss realized upon sale of equity investment — — — — 527 — — — 527 Convertible preferred stock dividends — — — (3,305 ) — — — — (3,305 ) Noncontrolling interests — — — — — — — 295 295 Other — — 25 — — — — — 25 Net income attributable to Providence — — — 14,441 — — — — 14,441 Cumulative effect adjustment from change in accounting principle — — 850 (850 ) — — — — — Balance at September 30, 2017 17,446,673 $ 17 $ 310,017 $ 167,004 $ (26,331 ) 3,944,171 $ (144,201 ) $ (2,307 ) $ 304,199

Stock-Based Compensation and Si

Stock-Based Compensation and Similar Arrangements	9 Months Ended
	Sep. 30, 2017
Share-based Compensation [Abstract]
Stock-Based Compensation and Similar Arrangements	Stock-Based Compensation and Similar Arrangements The Company provides stock-based compensation to employees and non-employee directors under the Company’s 2006 Long-Term Incentive Plan (“2006 Plan”). Typical awards issued under this plan include stock option awards, restricted stock awards (“RSAs”) and performance based restricted stock units (“PRSUs”). In addition, the Company has a long-term incentive plan designed to provide long-term performance based awards to certain executive officers of the Company which also falls under the 2006 Plan. The following table reflects the amount of stock-based compensation, for share settled awards, recorded in each financial statement line item for the three and nine months ended September 30, 2017 and 2016 : Three months ended September 30, Nine months ended September 30, 2017 2016 2017 2016 Service expense $ 131 $ 100 $ 365 $ 280 General and administrative expense 1,434 1,135 4,221 2,858 Equity in net loss of investees 10 — 50 — Discontinued operations, net of tax — 22 — 66 Total stock-based compensation $ 1,575 $ 1,257 $ 4,636 $ 3,204 Stock-based compensation, for share settled awards, includes $1,014 and $3,098 for the three and nine months ended September 30, 2017 , respectively, related to the HoldCo LTIP. Stock-based compensation, for share settled awards, includes $921 and $2,383 for the three and nine months ended September 30, 2016 , respectively, related to the HoldCo LTIP. No shares will be distributed under the HoldCo LTIP unless the volume weighted average of Providence’s stock price over a 90 -day period ending on December 31, 2017 is greater than $56.79 . At September 30, 2017 , the Company had 300,831 stock options outstanding with a weighted-average exercise price of $37.97 . The Company also had 71,193 shares of unvested RSAs outstanding at September 30, 2017 with a weighted-average grant date fair value of $44.33 and 18,298 unvested PRSUs outstanding. The Company also grants stock equivalent unit awards (“SEUs”) and stock option equivalent units that are cash settled awards and are not included as part of the 2006 Plan. During the three and nine months ended September 30, 2017 , respectively, the Company recorded $380 and $1,611 of stock-based compensation expense for cash settled awards. During the three and nine months ended September 30, 2016 , respectively, the Company recorded $422 and $305 of stock-based compensation expense for cash settled awards. The expense and benefit for cash settled awards is included as “General and administrative expense” in the accompanying condensed consolidated statements of income. As the awards are cash settled, a significant amount of the expense recorded for the three and nine months ended September 30, 2017 and 2016 is attributable to the Company’s increase or decrease in stock price from the previous reporting period. The liability for unexercised cash settled share-based payment awards of $3,168 and $1,764 at September 30, 2017 and December 31, 2016 , respectively, are reflected in “Accrued expenses” in the condensed consolidated balance sheets. At September 30, 2017 , the Company had 6,671 SEUs and 200,000 stock option equivalent units outstanding. The Company also provides cash settled long-term incentive plans for executive management and key employees of its operating segments. During the three months ended June 30, 2017, the Company revised the structure of the NET Services long-term incentive plan. As a result, the Company finalized the amount payable under the plan at $2,956 . The total value will be paid to the awarded participants per the terms of the original agreement and thus the remaining unamortized expense relating to this plan continues to be recognized over the remaining service period. As of September 30, 2017 , unamortized compensation expense is $696 . For the three and nine months ended September 30, 2017 , expenses of $274 and $419 , respectively, are included as “Service expense” in the condensed consolidated statements of income related to these plans. For the three and nine months ended September 30, 2016 , $1,157 and $3,151 , respectively, of expense are included as “Service expense” in the condensed consolidated statements of income related to these plans. At September 30, 2017 , the liability for long-term incentive plans of the Company’s operating segments of $2,260 is reflected in “Accrued expenses” and “Other long-term liabilities” in the condensed consolidated balance sheet. At December 31, 2016 , the liability for long-term incentive plans of the Company’s operating segments of $1,841 is reflected in “Other long-term liabilities” in the condensed consolidated balance sheet.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2017
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The following table details the computation of basic and diluted earnings per share: Three months ended September 30, Nine months ended September 30, 2017 2016 2017 2016 Numerator: Net income attributable to Providence $ 14,853 $ 650 $ 14,441 $ 7,508 Less dividends on convertible preferred stock (1,114 ) (1,111 ) (3,305 ) (3,309 ) Less income allocated to participating securities (1,777 ) (284 ) (2,209 ) (502 ) Net income (loss) available to common stockholders $ 11,962 $ (745 ) $ 8,927 $ 3,697 Continuing operations $ 11,978 $ 2,046 $ 14,927 $ 3,405 Discontinued operations (16 ) (2,791 ) (6,000 ) 292 $ 11,962 $ (745 ) $ 8,927 $ 3,697 Denominator: Denominator for basic earnings per share -- weighted-average shares 13,581,662 14,523,408 13,612,764 14,823,757 Effect of dilutive securities: Common stock options 68,856 111,075 58,668 119,267 Performance-based restricted stock units 5,036 — 5,036 Denominator for diluted earnings per share -- adjusted weighted-average shares assumed conversion 13,655,554 14,634,483 13,676,468 14,943,024 Basic earnings (loss) per share: Continuing operations $ 0.88 $ 0.14 $ 1.10 $ 0.23 Discontinued operations — (0.19 ) (0.44 ) 0.02 $ 0.88 $ (0.05 ) $ 0.66 $ 0.25 Diluted earnings (loss) per share: Continuing operations $ 0.88 $ 0.14 $ 1.09 $ 0.23 Discontinued operations — (0.19 ) (0.44 ) 0.02 $ 0.88 $ (0.05 ) $ 0.65 $ 0.25 Income allocated to participating securities is calculated by allocating a portion of net income attributable to Providence, less dividends on convertible stock, to the convertible preferred stockholders on a pro-rata as converted basis; however, the convertible preferred stockholders are not allocated losses. The following weighted average shares were not included in the computation of diluted earnings per share as the effect of their inclusion would have been anti-dilutive: Three months ended September 30, Nine months ended September 30, 2017 2016 2017 2016 Stock options to purchase common stock 33,890 33,957 56,528 33,957 Convertible preferred stock 803,285 803,398 803,360 803,457

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company’s effective tax rate from continuing operations for the three and nine months ended September 30, 2017 was 16.7% and 28.8% , respectively. The Company’s effective tax rate from continuing operations for the three and nine months ended September 30, 2016 was 55.6% and 64.9% , respectively. The effective tax rates for the three and nine months ended September 30, 2016 exceeded the U.S. federal statutory rate of 35% primarily due to foreign net operating losses (including equity investment losses in certain of the periods) for which the future income tax benefit currently cannot be recognized, losses in foreign jurisdictions with tax rates lower than the U.S. rate of 35% , state income taxes and certain non-deductible expenses. Foreign net operating losses for which no tax benefit can be provided were higher in 2016 versus 2017 resulting in a decrease in the effective tax rate from 2016 to 2017 . Additionally, for the three and nine months ended September 30, 2017 , there was no provision for income taxes related to the gain on sale of equity investment of $12,606 due to the substantial difference in tax basis versus book basis in the investment. The Company recorded excess tax deficiencies for the three and nine months ended September 30, 2017 of $261 and $148 , respectively, which increased the provision for income taxes. These excess tax deficiencies were a result of applying the guidance in ASU 2016-09 as further discussed in Note 2, Significant Accounting Policies and Recent Accounting Pronouncements. The adoption of ASU 2016-09 subjects our tax rate to quarterly volatility from the effects of stock award exercises and vesting activities, including the adverse impact on our income tax provision for awards which result in a tax deduction less than the amount recorded for financial reporting purposes based upon the fair value of the award at the grant date. For example, no shares will be distributed under the HoldCo LTIP unless the volume weighted average of Providence’s stock price over a 90-day period ending on December 31, 2017 exceeds $56.79 . If this market condition is not satisfied, a significant tax shortfall will result, causing an adverse impact on our tax provision.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Legal proceedings On June 15, 2015, a putative stockholder class action derivative complaint was filed in the Court of Chancery of the State of Delaware (the “Court”), captioned Haverhill Retirement System v. Kerley et al., C.A. No. 11149-VCL (“Haverhill Litigation”). On September 28, 2017, the Court approved a proposed settlement agreement among the parties that provides for a settlement amount of $10,000 less plaintiff’s legal fees and expenses (the “Settlement Amount”), with 75% of the Settlement Amount to be paid to the Company and 25% of the Settlement Amount to be paid to holders of the Company’s common stock other than certain excluded parties. The Company expects to receive a payment of approximately $5,000 . As this amount is considered a gain contingency, the Company has not recorded a receivable for this amount as of September 30, 2017. For further information regarding this legal proceeding please see Note 19, Commitments and Contingencies , in the audited consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2016 and Note 11, Commitments and Contingencies , in the unaudited condensed consolidated financial statements included in the Company’s Quarterly Reports on Form 10-Q for the periods ended March 31, 2017 and June 30, 2017. In addition to the matter described above, in the ordinary course of business, the Company is a party to various lawsuits. Management does not expect these lawsuits to have a material impact on the liquidity, results of operations, or financial condition of Providence. Indemnifications related to Haverhill Litigation The Company completed a rights offering on February 5, 2015 (the “Rights Offering”) providing all of the Company’s existing common stockholders the non-transferable right to purchase their pro rata share of $65,500 of convertible preferred stock at a price equal to $100.00 per share (“Preferred Stock”). Stockholders exercised subscription rights to purchase 130,884 shares of the Company's Preferred Stock. Pursuant to the terms and conditions of the Standby Purchase Agreement (the “Standby Purchase Agreement”) between Coliseum Capital Partners, L.P., Coliseum Capital Partners II, L.P., Coliseum Capital Co-Invest, L.P. and Blackwell Partners, LLC (collectively, the “Standby Purchasers”) and the Company, the remaining 524,116 shares of the Company’s Preferred Stock were purchased by the Standby Purchasers at the $100.00 per share subscription price. The Company has indemnified the Standby Purchasers from and against any and all losses, claims, damages, expenses and liabilities relating to or arising out of (i) any breach of any representation, warranty, covenant or undertaking made by or on behalf of the Company in the Standby Purchase Agreement and (ii) the transactions contemplated by the Standby Purchase Agreement and the 14.0% Unsecured Subordinated Note in aggregate principal amount of $65,500 , except to the extent that any such losses, claims, damages, expenses and liabilities are attributable to the gross negligence, willful misconduct or fraud of such Standby Purchaser. The Company has also indemnified other third parties from and against any and all losses, claims, damages, expenses and liabilities arising out of or in connection with the Company’s acquisition of CCHN Group Holdings, Inc. (operating under the tradename Matrix, and formerly included in our HA Services segment) in October 2014 and related financing commitments, except to the extent that any such losses, claims, damages, expenses and liabilities are found in a final, non-appealable judgment by a court of competent jurisdiction to have resulted from the gross negligence, bad faith or willful misconduct of such third parties, or a material breach of such third parties’ obligations under the related agreements. The Company recorded $21 and $296 of such indemnified legal expenses related to the Haverhill Litigation during the three and nine months ended September 30, 2017 , respectively, and $791 and $935 of such indemnified legal expenses during the three and nine months ended September 30, 2016 , respectively, which is included in “General and administrative expenses” in the condensed consolidated statements of income. Of these amounts, $23 and $231 for the three and nine months ended September 30, 2017 , respectively, and $360 and $504 for the three and nine months ended September 30, 2016 , respectively, were indemnified legal expenses of related parties. Other legal expenses of the Company related to the Haverhill Litigation are covered under the Company’s insurance policies, subject to applicable deductibles and customary review of the expenses by the carrier. The Company recognized related benefit of $3 and expense of $8 for the three and nine months ended September 30, 2017 , respectively, and related expense of $107 for the three and nine months ended September 30, 2016 . While the carrier typically remits payment directly to the respective law firm, the Company accrues for the cost and records a corresponding receivable for the amount to be paid by the carrier. The Company has recognized an insurance receivable of $903 and $1,645 in “Other receivables” in the condensed consolidated balance sheets at September 30, 2017 and December 31, 2016 , respectively, with a corresponding liability amount recorded to “Accrued expenses”. Other Indemnifications The Company has provided certain standard indemnifications in connection with the sale of the Human Services segment to Molina Healthcare Inc. (“Molina”) effective November 1, 2015. All representations and warranties made by the Company in the Membership Interest Purchase Agreement (the “Purchase Agreement”) to sell the Human Services segment ended on February 1, 2017. However, claims made prior to February 1, 2017 by the purchaser of the Human Services segment against these representations and warranties may survive until the claims are settled. In addition, certain representations, including tax representations, survive until the expiration of applicable statutes of limitation, and healthcare representations survive until the third anniversary of the closing date. The Company received indications from the purchaser of the Human Services segment prior to the February 1, 2017 deadline regarding potential indemnification claims. One such potential indemnification claim relates to Rodriguez v. Providence Community Corrections (the “Rodriguez Litigation”) , a complaint filed in the District Court for the Middle District of Tennessee, Nashville Division (the “Rodriguez Court”), against Providence Community Corrections, Inc. (“PCC”), an entity sold under the Purchase Agreement. In September 2017, the parties to the Rodriguez Litigation submitted a proposed settlement to the Rodriguez Court for approval pursuant to which PCC would pay the plaintiffs approximately $14,000 . In October 2017, the Rodriguez Court denied preliminary approval of the settlement agreement and requested that the parties provide additional information. In October 2017, the parties submitted an amended motion for the Rodriguez Court to approve the proposed settlement. Molina and the Company have entered into a memorandum of understanding regarding a settlement of an indemnification claim by Molina with respect to the Rodriguez Litigation and other matters. As of September 30, 2017, the accrual is $15,000 with respect to an estimate of loss for potential indemnification claims. The Company expects to recover a substantial portion of the settlement through insurance coverage, although this cannot be assured. The Company has provided certain standard indemnifications in connection with its Matrix stock subscription transaction whereby Mercury Fortuna Buyer, LLC (“Subscriber”), Providence and Matrix entered into a stock subscription agreement (the “Subscription Agreement”), dated August 28, 2016. The representations and warranties made by the Company in the Subscription Agreement survive through the 15th month following the closing date; however, certain fundamental representations survive through the 36th month following the closing date. The covenants and agreements of the parties to be performed prior to the closing survive through the 15th month following the closing date, and all other covenants and agreements survive until the expiration of the applicable statute of limitations in the event of a breach, or for such lesser periods specified therein. The Company is not aware of any indemnification liabilities with respect to Matrix that require accrual at September 30, 2017. Other Contingencies On October 26, 2017, the UK Ministry of Justice (the “MOJ”) released a report on reoffending statistics for certain offenders who entered probation services during the period October 2015 to December 2015. The report provides statistics for all providers of probation services, including the Company’s subsidiary Reducing Reoffending Partnership (“RRP”). This information is the first data set that is utilized to determine performance payments under the various providers’ transforming rehabilitation contracts with the MOJ, as the actual rates of recidivism are compared to benchmark rates established by the MOJ. Across the industry, including for RRP, while certain rates of recidivism were less than the applicable benchmarks, other rates exceeded the benchmarks established by the MOJ. If such rates of recidivism were to continue to exceed the benchmark rates established by the MOJ, RRP could be required to make payments to the MOJ, which amounts could be material. The amount of potential payments to the MOJ, if any, under RRP’s contracts with the MOJ is not estimable at this time, as the MOJ is reviewing the data to understand the underlying reasons for the increase in certain rates of recidivism and other factors that could impact the contractual measure. Loss Reserves for Certain Reinsurance Programs The Company historically reinsured a substantial portion of its automobile, general and professional liability and workers’ compensation costs under reinsurance programs through the Company’s wholly-owned subsidiary, Social Services Providers Captive Insurance Company (“SPCIC”), a licensed captive insurance company domiciled in the State of Arizona. As of May 16, 2017, SPCIC did not renew the expiring reinsurance policies. SPCIC will continue to resolve claims under the historical policy years. The Company utilizes a report prepared by an independent actuary to estimate the gross expected losses related to historical automobile, general and professional and workers’ compensation liability reinsurance policies, including the estimated losses in excess of SPCIC’s insurance limits, which would be reimbursed to SPCIC to the extent such losses were incurred. As of September 30, 2017 and December 31, 2016 , the Company had reserves of $8,309 and $11,195 , respectively, for the automobile, general and professional liability and workers’ compensation reinsurance policies, net of expected receivables for losses in excess of SPCIC’s historical insurance limits. The gross reserve as of September 30, 2017 and December 31, 2016 of $14,407 and $16,460 , respectively, is classified as “Reinsurance liability reserves” and “Other long-term liabilities” in the condensed consolidated balance sheets. The estimated amount to be reimbursed to SPCIC as of September 30, 2017 and December 31, 2016 was $6,098 and $5,265 , respectively, and is classified as “Other receivables" and “Other assets” in the condensed consolidated balance sheets. Deferred Compensation Plan The Company has one deferred compensation plan for highly compensated employees of NET Services as of September 30, 2017 . The deferred compensation plan is unfunded, and benefits are paid from the general assets of the Company. The total of participant deferrals, which is reflected in “Other long-term liabilities” in the condensed consolidated balance sheets, was $1,718 and $1,430 at September 30, 2017 and December 31, 2016 , respectively.

Transactions with Related Parti

Transactions with Related Parties	9 Months Ended
	Sep. 30, 2017
Related Party Transactions [Abstract]
Transactions with Related Parties	Transactions with Related Parties The Company incurred legal expenses under an indemnification agreement with the Standby Purchasers as further discussed in Note 11, Commitments and Contingencies . Convertible preferred stock dividends earned by the Standby Purchasers during the three and nine months ended September 30, 2017 totaled $1,062 and $3,151 , respectively. Convertible preferred stock dividends earned by the Standby Purchasers during the three and nine months ended September 30, 2016 totaled $1,059 and $3,154 , respectively. During the three months ended March 31, 2017, the Company made a $566 loan to Mission Providence. The loan was repaid during the three months ended September 30, 2017.

Discontinued Operations

Discontinued Operations	9 Months Ended
	Sep. 30, 2017
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Discontinued Operations On November 1, 2015, the Company completed the sale of the Human Services segment. During the three and nine months ended September 30, 2017 , the Company recorded additional expenses related to the Human Services segment, principally related to legal proceedings as described in Note 11, Commitments and Contingencies , related to an indemnified legal matter. Effective October 19, 2016, the Company completed the Matrix Transaction. Prior to the closing of the Matrix Transaction, the financial results of Matrix were included in the Company’s HA Services segment, which has been reflected as a discontinued operation for the three and nine months ended September 30, 2016 . Following the Matrix Transaction, the Company has a continuing involvement with Matrix through its ownership interest in Matrix, which is accounted for as an equity method investment. As of September 30, 2017, the Company holds a 46.6% ownership interest in Matrix. Matrix’s pretax loss for the three and nine months ended September 30, 2017 totaled $582 and $896 , respectively. There have been no cash inflows or outflows from or to Matrix subsequent to the closing of the Matrix Transaction, other than the payment of working capital adjustments and management fees associated with its ongoing relationship with Matrix, of which $841 was received during the nine months ended September 30, 2017 . $259 and $185 are included in “Other receivables” in the condensed consolidated balance sheets at September 30, 2017 and December 31, 2016 , respectively, related to management fees receivable. Results of Operations The following tables summarize the results of operations classified as discontinued operations, net of tax, for the three and nine months ended September 30, 2017 and 2016 . Three months ended September 30, 2017 Nine months ended September 30, 2017 Human Services Segment HA Services Segment Total Discontinued Operations Human Services Segment HA Services Segment Total Discontinued Operations Operating expenses: General and administrative expense $ 26 $ — $ 26 $ 9,622 $ — $ 9,622 Total operating expenses 26 — 26 9,622 — 9,622 Loss from discontinued operations before income taxes (26 ) — (26 ) (9,622 ) — (9,622 ) Income tax benefit 10 — 10 3,622 — 3,622 Discontinued operations, net of tax $ (16 ) $ — $ (16 ) $ (6,000 ) $ — $ (6,000 ) General and administrative expenses for the three months ended September 30, 2017 includes legal expenses of $26 . General and administrative expenses for the nine months ended September 30, 2017 includes an accrual of $9,000 for an estimated settlement of indemnified claims related to the sale of the Human Services segment, as well as related legal expenses of $622 . See Note 11, Commitments and Contingencies , for additional information. Three months ended September 30, 2016 Nine months ended September 30, 2016 Human Services Segment HA Services Segment Total Discontinued Operations Human Services Segment HA Services Segment Total Discontinued Operations Service revenue, net $ — $ 52,557 $ 52,557 $ — $ 155,421 $ 155,421 Operating expenses: Service expense — 38,703 38,703 — 113,455 113,455 General and administrative expense 7,463 1,505 8,968 7,463 2,823 10,286 Depreciation and amortization — 5,359 5,359 — 21,121 21,121 Total operating expenses 7,463 45,567 53,030 7,463 137,399 144,862 Operating income (loss) (7,463 ) 6,990 (473 ) (7,463 ) 18,022 10,559 Other expenses: Interest expense, net — 3,134 3,134 — 9,304 9,304 Income (loss) from discontinued operations before income taxes (7,463 ) 3,856 (3,607 ) (7,463 ) 8,718 1,255 Income tax benefit (provision) 2,428 (1,612 ) 816 2,428 (3,351 ) (923 ) Discontinued operations, net of tax $ (5,035 ) $ 2,244 $ (2,791 ) $ (5,035 ) $ 5,367 $ 332 Interest expense, net The Company allocated interest expense, including amortization of deferred financing fees, to discontinued operations based on the portion of debt that was required to be repaid with the proceeds from the Matrix Transaction. The total allocated interest expense was $3,136 and $9,310 for the three and nine months ended September 30, 2016 respectively, and is included in “Interest expense, net” in the table above. Cash Flow Information The following table presents depreciation, amortization and capital expenditures of the discontinued operations for the nine months ended September 30, 2016 : Nine months ended September 30, 2016 Cash flows from discontinued operating activities: Depreciation $ 3,661 Amortization $ 17,460 Cash flows from discontinued investing activities: Purchase of property and equipment $ 8,020

Segments

Segments	9 Months Ended
	Sep. 30, 2017
Segment Reporting [Abstract]
Segments	Segments Providence, through its subsidiaries and other companies in which it holds interests, is primarily engaged in the provision of healthcare and workforce development services. The subsidiaries and other companies in which the Company holds interests comprise the following segments: • NET Services – Nationwide provider of non-emergency medical transportation programs for state governments and managed care organizations. • WD Services – Global provider of employment preparation and placement and legal offender rehabilitation services to eligible participants of government sponsored programs. • Matrix Investment – Minority interest in nationwide provider of in-home care optimization and management solutions, including comprehensive health assessments, to members of managed care organizations, accounted for as an equity method investment. Effective October 19, 2016, pursuant to the Matrix Transaction, the Company no longer owns a controlling interest in Matrix, which historically constituted the HA Services segment as further discussed in Note 13, Discontinued Operations . As the HA Services segment, through October 19, 2016, is presented as a discontinued operation, it is not reflected in the Company’s segment disclosures. However, the Company accounts for its noncontrolling interest in Matrix from October 19, 2016 through present as an equity method investment, which solely comprises the Matrix Investment in the table below. The following tables set forth certain financial information from continuing operations attributable to the Company’s business segments for the three and nine months ended September 30, 2017 and 2016 : Three months ended September 30, 2017 NET Services WD Services Matrix Investment Corporate and Other Total Service revenue, net $ 324,824 $ 84,693 $ — $ — $ 409,517 Service expense 304,454 73,581 — (3 ) 378,032 General and administrative expense 2,899 6,980 — 8,750 18,629 Depreciation and amortization 3,286 3,166 — 95 6,547 Operating income (loss) $ 14,185 $ 966 $ — $ (8,842 ) $ 6,309 Equity in net gain (loss) of investee $ — $ (459 ) $ (1 ) $ — $ (460 ) Three months ended September 30, 2016 NET Services WD Services Matrix Investment Corporate and Other Total Service revenue, net $ 317,280 $ 94,960 $ — $ 31 $ 412,271 Service expense 293,919 84,051 — 518 378,488 General and administrative expense 2,860 6,780 — 7,680 17,320 Depreciation and amortization 3,051 3,497 — 122 6,670 Operating income (loss) $ 17,450 $ 632 $ — $ (8,289 ) $ 9,793 Equity in net gain (loss) of investee $ — $ (1,517 ) $ — $ — $ (1,517 ) Nine months ended September 30, 2017 NET Services WD Services Matrix Investment Corporate and Other Total Service revenue, net $ 987,662 $ 229,332 $ — $ — $ 1,216,994 Service expense 927,082 199,665 — (2,269 ) 1,124,478 General and administrative expense 8,879 20,944 — 23,882 53,705 Depreciation and amortization 9,763 9,695 — 258 19,716 Operating income (loss) $ 41,938 $ (972 ) $ — $ (21,871 ) $ 19,095 Equity in net gain (loss) of investee $ — $ (1,419 ) $ 428 $ — $ (991 ) Nine months ended September 30, 2016 NET Services WD Services Matrix Investment Corporate and Other Total Service revenue, net $ 917,157 $ 275,293 $ — $ (24 ) $ 1,192,426 Service expense 846,311 247,797 — 903 1,095,011 General and administrative expense 8,483 23,236 — 20,829 52,548 Depreciation and amortization 8,858 10,912 — 288 20,058 Operating income (loss) $ 53,505 $ (6,652 ) $ — $ (22,044 ) $ 24,809 Equity in net gain (loss) of investee $ — $ (5,693 ) $ — $ — $ (5,693 ) Geographic Information Domestic service revenue, net, totaled 82.1% and 78.0% of service revenue, net for the nine months ended September 30, 2017 and 2016 , respectively. Foreign service revenue, net, totaled 17.9% and 22.0% of service revenue, net for the nine months ended September 30, 2017 and 2016 , respectively. At September 30, 2017 and December 31, 2016 , $99,352 , or 26.0% , and $76,579 , or 20.4% , respectively, of the Company’s net assets were located in countries outside of the U.S., including $15,823 of proceeds realized on the sale of the equity investment in Mission Providence.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2017
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On November 2, 2017, the Company’s Board of Directors approved the extension of the Company’s existing stock repurchase program, authorizing the Company to engage in a common stock repurchase program to repurchase up to $69,624 (the amount remaining from the $100,000 repurchase amount authorized in 2016) in aggregate value of the Company’s common stock through December 31, 2018. Purchases under the common stock repurchase program may be made from time-to-time through a combination of open market repurchases (including Rule 10b5-1 plans), privately negotiated transactions, and accelerated share repurchase transactions, at the discretion of the Company’s officers, and as permitted by securities laws, covenants under existing bank agreements, and other legal requirements.

Significant Accounting Polici22

Significant Accounting Policies and Recent Accounting Pronouncements (Policies)	9 Months Ended
	Sep. 30, 2017
Accounting Policies [Abstract]
Basis of Accounting	Basis of Presentation The Company follows accounting standards set by the Financial Accounting Standards Board (“FASB”). The FASB establishes accounting principles generally accepted in the United States (“GAAP”). Rules and interpretive releases of the Securities and Exchange Commission (“SEC”) under authority of federal securities laws are also sources of authoritative GAAP for SEC registrants. References to GAAP issued by the FASB in these footnotes are to the FASB Accounting Standards Codification (“ASC”), which serves as the single source of authoritative non-SEC accounting and reporting standards to be applied by non-governmental entities. All amounts are presented in United States (“U.S.”) dollars, unless otherwise noted. The Company’s unaudited condensed consolidated financial statements have been prepared in accordance with GAAP for interim financial information, and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all the information and disclosures required by GAAP for complete financial statements. In the opinion of management, all adjustments considered necessary for the fair presentation of the results of the interim periods have been included. The Company has made estimates relating to the reporting of assets and liabilities, revenues and expenses and certain disclosures to prepare these unaudited condensed consolidated financial statements in conformity with GAAP. Actual results could differ from those estimates. Operating results for the three and nine months ended September 30, 2017 are not necessarily indicative of the results that may be expected for the fiscal year ending December 31, 2017 . Management has evaluated events and transactions that occurred after the balance sheet date and through the date these unaudited condensed consolidated financial statements were filed, and considered the effect of such events in the preparation of these unaudited condensed consolidated financial statements. The condensed consolidated balance sheet at December 31, 2016 has been derived from the audited financial statements at that date, but does not include all the information and footnotes required by GAAP for complete financial statements. The unaudited condensed consolidated financial statements contained herein should be read in conjunction with the audited financial statements and notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2016 . The Company holds investments that are accounted for using the equity method. The Company does not control the decision-making process or business management practices of these affiliates. While the Company has access to certain information and performs certain procedures to review the reasonableness of information, the Company relies on management of these affiliates to provide accurate financial information prepared in accordance with GAAP. The Company receives audit reports relating to such financial information from the affiliates’ independent auditors on an annual basis. The Company is not aware of any errors in or possible misstatements of the financial information provided by its equity affiliates that would have a material effect on the Company’s condensed consolidated financial statements.
Reclassification Policy	Reclassifications We have reclassified certain amounts relating to our prior period results to conform to our current period presentation. On October 19, 2016, affiliates of Frazier Healthcare Partners purchased a 53.2% equity interest in CCHN Group Holdings, Inc. and its subsidiaries (“Matrix”) with Providence retaining a 46.8% equity interest (the “Matrix Transaction”). Prior to the closing of the Matrix Transaction, the financial results of Matrix were included in the Company’s Health Assessment Services (“HA Services”) segment. Operating results for this segment are reported as discontinued operations, net of tax in the condensed consolidated statements of income for the three and nine months ended September 30, 2016 . See Note 13, Discontinued Operations, for further information . See Note 2, Significant Accounting Policies and Recent Accounting Pronouncements , for additional information on other reclassifications.
New Accounting Pronouncements	The Company adopted the following accounting pronouncements during the nine months ended September 30, 2017 : In November 2015, the FASB issued Accounting Standards Update (“ASU”) No. 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes (“ASU 2015-17”), which changes how deferred taxes are classified on organizations’ balance sheets. The ASU eliminates the current requirement for organizations to present deferred tax liabilities and assets as current and noncurrent in a classified balance sheet. Instead, organizations will be required to classify all deferred tax assets and liabilities as noncurrent. The amendments apply to all organizations that present a classified balance sheet. For public companies, the amendments are effective for financial statements issued for annual periods beginning after December 16, 2016, and interim periods within those annual periods. The Company adopted ASU 2015-17 retrospectively on January 1, 2017, which resulted in the reclassification of the December 31, 2016 deferred tax assets-current balance of $6,825 and non-current deferred tax assets of $2,493 to long-term deferred tax liabilities in the amount of $9,318 . In March 2016, the FASB issued ASU No. 2016-07, Investments - Equity Method and Joint Ventures (Topic 323): Simplifying the Transition to the Equity Method of Accounting (“ASU 2016-07”). ASU 2016-07 eliminates the requirement that when an investment qualifies for use of the equity method as a result of an increase in the level of ownership interest or degree of influence, an investor must adjust the investment, results of operations, and retained earnings retroactively on a step-by-step basis as if the equity method had been in effect during all previous periods that the investment had been held. ASU 2016-07 instead specifies that the investor should add the cost of acquiring the additional interest in the investee to the current basis of the investor’s previously held interest and apply the equity method of accounting as of the date the investment became qualified for equity method accounting. ASU 2016-07 is effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016 and should be applied prospectively. The Company adopted ASU 2016-07 on January 1, 2017. The adoption of ASU 2016-07 had no impact on the Company’s financial statements or disclosures. In March 2016, the FASB issued ASU No. 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting (“ASU 2016-09”). ASU 2016-09 is intended to improve the accounting for employee share-based payments and affect all organizations that issue share-based payment awards to their employees. Several aspects of the accounting for share-based payment award transactions are simplified, including income tax consequences, classification of awards as either equity or liabilities and classification in the statement of cash flows. For public companies, the amendments are effective for annual periods beginning after December 15, 2016, and interim periods within those annual periods. The Company adopted ASU 2016-09 on January 1, 2017, and elected to recognize forfeitures as they occur. As a result, the Company recorded a cumulative effect adjustment of $850 to retained earnings as of January 1, 2017. Upon adoption, all excess tax benefits and tax deficiencies related to employee share-based payments are recognized through income tax expense prospectively. For the three and nine months ended September 30, 2017 , the Company recorded excess tax deficiencies of $261 and $148 , respectively, as an increase to the provision for income taxes. The Company excluded the related tax benefits when applying the treasury stock method for computing diluted shares outstanding on a prospective basis resulting in a decrease in diluted weighted average shares outstanding of 4,779 and 7,451 shares, respectively, for the three and nine months ended September 30, 2017 . The adoption of ASU 2016-09 subjects our tax rate to quarterly volatility from the effects of stock award exercises and vesting activities, including the adverse impact on our income tax provision for awards which result in a tax deduction less than the amount recorded for financial reporting purposes based upon the fair value of the award at the grant date. For example, no shares will be distributed under the Company’s 2015 Holding Company LTI Program (the “HoldCo LTIP”) unless the volume weighted average of Providence’s stock price over a 90-day period ending on December 31, 2017 exceeds $56.79 . If this market condition is not satisfied, a significant tax shortfall will result, causing an adverse impact on our tax provision. The Company elected to apply the change in classification of cash flows resulting from excess tax benefits or deficiencies on a retrospective basis. This resulted in an increase in cash flows provided by operating activities of $276 and an increase of $276 in cash flows used in financing activities in the condensed consolidated statement of cash flows for the nine months ended September 30, 2016 . Additionally, ASU 2016-09 requires that employee taxes paid when an employer withholds shares for tax-withholding purposes be reported as financing activities in the consolidated statements of cash flows, which is how the Company has historically classified these amounts. In January 2017, the FASB issued ASU No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business (“ASU 2017-01”). ASU 2017-01 clarifies the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The definition of a business affects many areas of accounting including acquisitions, disposals, goodwill, and consolidation. ASU 2017-01 is effective for annual periods beginning after December 15, 2017, including interim periods within those periods. The Company adopted ASU 2017-01 on April 1, 2017. The adoption of ASU 2017-01 had no impact on the Company’s financial statements or disclosures. In January 2017, the FASB issued ASU No. 2017-04, Intangibles-Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment (“ASU 2017-04”) . ASU 2017-04 removes the requirement to compare the implied fair value of goodwill with its carrying amount as part of step two of the goodwill impairment test. As a result, under ASU 2017-04, an entity should perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount and should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the impairment loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. This guidance is effective prospectively for fiscal years beginning after December 15, 2019. Early adoption is permitted for interim or annual goodwill impairment tests performed after January 1, 2017. The Company adopted ASU 2017-04 on April 1, 2017. The adoption of ASU 2017-04 had no impact on the Company’s financial statements or disclosures. Updates to the recent accounting pronouncements as disclosed in the Company’s Form 10-K for the year ended December 31, 2016 are as follows: In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASU 2014-09”) . ASU 2014-09 introduced FASB Accounting Standards Codification Topic 606 (“ASC 606”), which will replace most currently applicable existing revenue recognition guidance and is intended to improve and converge with international standards the financial reporting requirements for revenue from contracts with customers. The core principle of ASU 2014-09 is that an entity should recognize revenue for the transfer of goods or services equal to the amount that it expects to be entitled to receive for those goods or services. ASU 2014-09 also requires additional disclosures about the nature, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments. ASU 2014-09 allows for adoption either on a full retrospective basis to each prior reporting period presented or on a modified retrospective basis with the cumulative effect of initially applying the new guidance recognized at the date of initial application, which will be effective for the Company beginning January 1, 2018. The Company has developed an adoption plan, assembled a cross-functional project team and is in the process of assessing the impacts of applying ASC 606 to the Company’s financial statements, information systems and internal controls. The Company has elected to adopt ASU 2014-09 using the modified retrospective method. Additionally, the Company has performed detailed reviews of a significant number of its existing contracts with customers. These reviews have focused on several key considerations which could impact the Company's accounting and reporting under the new standard: • the effect of specified clauses on the term of many of the Company’s contracts with customers; • the nature of the promises in many of the Company’s contracts with customers to perform integrated services over a period of time; • whether and how much variable consideration to include when determining the transaction prices for its contracts with customers; • whether any of the Company’s customer contracts require performance over a series of distinct service periods and the impact on determining and allocating the transaction price; and • the manner in which the Company will measure its progress towards fully satisfying its performance obligations, including a determination of whether the Company may be able to use certain practical expedients. These reviews are substantially complete for NET Services and are ongoing for WD Services. The Company expects little to no impact within NET Services from the adoption of ASU 2014-09, and is implementing controls and process changes needed to apply ASC 606. Within WD Services, the Company expects certain amounts of variable consideration related to contingent revenue will be accelerated. Such amounts were previously deferred until the final resolution of the contingency. Management’s assessment is ongoing; however, management does not believe the impact of ASC 606 on its financial statements will be significant based on the procedures performed to date. In January 2017, the FASB issued ASU No. 2017-03, Accounting Changes and Error Corrections (Topic 250) and Investments - Equity Method and Joint Ventures (Topic 323) (“ASU 2017-03”). ASU 2017-03 expands required qualitative disclosures when registrants cannot reasonably estimate the impact that adoption of an ASU will have on the financial statements. Such qualitative disclosures would include a comparison of the registrant’s new accounting policies, if determined, to current accounting policies, a description of the status of the registrant’s process to implement the new standard and a description of the significant implementation matters yet to be addressed by the registrant. Other than enhancements to the qualitative disclosures regarding future adoption of new ASUs, adoption of the provisions of this standard is not expected to have any impact on the Company’s consolidated financial statements. In May 2017, the FASB issued ASU No. 2017-09, Compensation–Stock Compensation (Topic 718): Scope of Modification Accounting (“ASU 2017-09”). ASU 2017-09 provides guidance about which changes to the terms of a share-based payment award should be accounted for as a modification. A change to an award should be accounted for as a modification unless the fair value of the modified award is the same as the original award, the vesting conditions do not change, and the classification as an equity or liability instrument does not change. This guidance is effective for fiscal years beginning after December 15, 2017. Early adoption is permitted. The adoption of ASU 2017-09 is not expected to have a material impact on the Company’s consolidated financial statements. There were no other significant updates to the new accounting guidance not yet adopted by the Company as disclosed in its Form 10-K for the year ended December 31, 2016 .

Equity Investment (Tables)

Equity Investment (Tables)	9 Months Ended
	Sep. 30, 2017
Matrix
Schedule of Investments [Line Items]
Income Statement and Balance Sheet Disclosure	Summary financial information for Matrix on a standalone basis is as follows: September 30, 2017 December 31, 2016 Current assets $ 50,015 $ 28,589 Long-term assets 598,842 614,841 Current liabilities 39,273 25,791 Long-term liabilities 270,816 281,348 Three months ended Revenue $ 58,639 Operating income 3,159 Net loss (537 ) Nine months ended Revenue $ 175,346 Operating income 10,109 Net loss (775 ) See Note 13, Discontinued Operations , for Matrix’s 2016 results of operations.
Mission Providence
Schedule of Investments [Line Items]
Income Statement and Balance Sheet Disclosure	Summary financial information for Mission Providence on a standalone basis is as follows: December 31, 2016 Current assets $ 4,640 Long-term assets 10,473 Current liabilities 12,844 Long-term liabilities 1,655 Three months ended September 30, 2017 2016 Revenue $ 10,244 $ 9,349 Operating loss (599 ) (2,903 ) Net loss (651 ) (2,059 ) Nine months ended September 30, 2017 2016 Revenue $ 30,125 $ 26,475 Operating loss (1,765 ) (10,697 ) Net loss (1,934 ) (7,627 )

Prepaid Expenses and Other (Tab

Prepaid Expenses and Other (Tables)	9 Months Ended
	Sep. 30, 2017
Prepaid Expense and Other Assets, Current [Abstract]
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure	Prepaid expenses and other were comprised of the following: September 30, December 31, Prepaid income taxes $ 3,819 $ 1,467 Escrow funds 10,000 10,000 Prepaid insurance 2,778 3,153 Prepaid taxes and licenses 2,526 3,570 Note receivable 3,201 3,130 Prepaid rent 2,727 2,013 Deposits held for leased premises and bonds 2,744 2,609 Other 11,288 11,953 Total prepaid expenses and other $ 39,083 $ 37,895

Accrued Expenses (Tables)

Accrued Expenses (Tables)	9 Months Ended
	Sep. 30, 2017
Accrued Liabilities, Current [Abstract]
Schedule of Accrued Liabilities	Accrued expenses consisted of the following: September 30, December 31, 2016 Accrued compensation $ 24,058 $ 23,050 NET Services accrued contract payments 26,504 32,836 Accrued settlement 15,000 6,000 Income taxes payable — 372 Other 37,835 40,123 Total accrued expenses $ 103,397 $ 102,381

Restructuring and Related Reo26

Restructuring and Related Reorganization Costs (Tables)	9 Months Ended
	Sep. 30, 2017
Restructuring and Related Activities [Abstract]
Restructuring and Related Costs	Summary of Severance and Related Charges January 1, Costs Incurred Cash Payments Foreign Exchange Rate Adjustments September 30, 2017 Ingeus Futures' Program $ 2,486 $ 1,186 $ (3,086 ) $ 158 $ 744 Offender Rehabilitation Program 1,380 (40 ) (1,357 ) 17 — UK Restructuring Program 50 (29 ) — 3 24 Total $ 3,916 $ 1,117 $ (4,443 ) $ 178 $ 768 January 1, Costs Incurred Cash Payments Foreign Exchange Rate Adjustments September 30, 2016 Offender Rehabilitation Program $ 6,538 $ 4,204 $ (6,075 ) $ (906 ) $ 3,761 UK Restructuring Program 2,059 537 (2,379 ) (103 ) 114 Total $ 8,597 $ 4,741 $ (8,454 ) $ (1,009 ) $ 3,875

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2017
Stockholders' Equity Note [Abstract]
Schedule of Stockholders Equity	The following table reflects changes in common stock, additional paid-in capital, retained earnings, accumulated other comprehensive loss, treasury stock and noncontrolling interest for the nine months ended September 30, 2017 : Common Stock Additional Paid-In Capital Retained Earnings Accumulated Other Comprehensive Loss Treasury Stock Non-controlling Interest Total Shares Amount Shares Amount Balance at December 31, 2016 17,315,661 $ 17 $ 302,010 $ 156,718 $ (33,449 ) 3,478,676 $ (125,201 ) $ (2,420 ) $ 297,675 Stock-based compensation — — 4,636 — — — — — 4,636 Exercise of employee stock options 70,283 — 1,468 — — 5,665 (238 ) — 1,230 Restricted stock issued 31,316 — — — — 17,865 (779 ) — (779 ) Performance restricted stock issued 3,773 — (96 ) — — — — — (96 ) Shares issued for bonus settlement and director stipend 25,225 1,107 — — — — 1,107 Stock repurchase plan — — — — — 441,965 (17,983 ) — (17,983 ) Conversion of convertible preferred stock to common stock 415 — 17 — — — — — 17 Foreign currency translation adjustments, net of tax — — — — 6,591 — — (182 ) 6,409 Reclassification of translation loss realized upon sale of equity investment — — — — 527 — — — 527 Convertible preferred stock dividends — — — (3,305 ) — — — — (3,305 ) Noncontrolling interests — — — — — — — 295 295 Other — — 25 — — — — — 25 Net income attributable to Providence — — — 14,441 — — — — 14,441 Cumulative effect adjustment from change in accounting principle — — 850 (850 ) — — — — — Balance at September 30, 2017 17,446,673 $ 17 $ 310,017 $ 167,004 $ (26,331 ) 3,944,171 $ (144,201 ) $ (2,307 ) $ 304,199

Stock-Based Compensation and 28

Stock-Based Compensation and Similar Arrangements (Tables)	9 Months Ended
	Sep. 30, 2017
Share-based Compensation [Abstract]
Disclosure of Stock-based Compensation by Line Item	The following table reflects the amount of stock-based compensation, for share settled awards, recorded in each financial statement line item for the three and nine months ended September 30, 2017 and 2016 : Three months ended September 30, Nine months ended September 30, 2017 2016 2017 2016 Service expense $ 131 $ 100 $ 365 $ 280 General and administrative expense 1,434 1,135 4,221 2,858 Equity in net loss of investees 10 — 50 — Discontinued operations, net of tax — 22 — 66 Total stock-based compensation $ 1,575 $ 1,257 $ 4,636 $ 3,204

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2017
Earnings Per Share [Abstract]
Schedule of Earnings Per Share	The following table details the computation of basic and diluted earnings per share: Three months ended September 30, Nine months ended September 30, 2017 2016 2017 2016 Numerator: Net income attributable to Providence $ 14,853 $ 650 $ 14,441 $ 7,508 Less dividends on convertible preferred stock (1,114 ) (1,111 ) (3,305 ) (3,309 ) Less income allocated to participating securities (1,777 ) (284 ) (2,209 ) (502 ) Net income (loss) available to common stockholders $ 11,962 $ (745 ) $ 8,927 $ 3,697 Continuing operations $ 11,978 $ 2,046 $ 14,927 $ 3,405 Discontinued operations (16 ) (2,791 ) (6,000 ) 292 $ 11,962 $ (745 ) $ 8,927 $ 3,697 Denominator: Denominator for basic earnings per share -- weighted-average shares 13,581,662 14,523,408 13,612,764 14,823,757 Effect of dilutive securities: Common stock options 68,856 111,075 58,668 119,267 Performance-based restricted stock units 5,036 — 5,036 Denominator for diluted earnings per share -- adjusted weighted-average shares assumed conversion 13,655,554 14,634,483 13,676,468 14,943,024 Basic earnings (loss) per share: Continuing operations $ 0.88 $ 0.14 $ 1.10 $ 0.23 Discontinued operations — (0.19 ) (0.44 ) 0.02 $ 0.88 $ (0.05 ) $ 0.66 $ 0.25 Diluted earnings (loss) per share: Continuing operations $ 0.88 $ 0.14 $ 1.09 $ 0.23 Discontinued operations — (0.19 ) (0.44 ) 0.02 $ 0.88 $ (0.05 ) $ 0.65 $ 0.25
Schedule of Antidilutive Securities	The following weighted average shares were not included in the computation of diluted earnings per share as the effect of their inclusion would have been anti-dilutive: Three months ended September 30, Nine months ended September 30, 2017 2016 2017 2016 Stock options to purchase common stock 33,890 33,957 56,528 33,957 Convertible preferred stock 803,285 803,398 803,360 803,457

Discontinued Operations (Tables

Discontinued Operations (Tables)	9 Months Ended
	Sep. 30, 2017
Notes Tables
Summary of Operations Classified as Discontinued Operations	Three months ended September 30, 2016 Nine months ended September 30, 2016 Human Services Segment HA Services Segment Total Discontinued Operations Human Services Segment HA Services Segment Total Discontinued Operations Service revenue, net $ — $ 52,557 $ 52,557 $ — $ 155,421 $ 155,421 Operating expenses: Service expense — 38,703 38,703 — 113,455 113,455 General and administrative expense 7,463 1,505 8,968 7,463 2,823 10,286 Depreciation and amortization — 5,359 5,359 — 21,121 21,121 Total operating expenses 7,463 45,567 53,030 7,463 137,399 144,862 Operating income (loss) (7,463 ) 6,990 (473 ) (7,463 ) 18,022 10,559 Other expenses: Interest expense, net — 3,134 3,134 — 9,304 9,304 Income (loss) from discontinued operations before income taxes (7,463 ) 3,856 (3,607 ) (7,463 ) 8,718 1,255 Income tax benefit (provision) 2,428 (1,612 ) 816 2,428 (3,351 ) (923 ) Discontinued operations, net of tax $ (5,035 ) $ 2,244 $ (2,791 ) $ (5,035 ) $ 5,367 $ 332 The following tables summarize the results of operations classified as discontinued operations, net of tax, for the three and nine months ended September 30, 2017 and 2016 . Three months ended September 30, 2017 Nine months ended September 30, 2017 Human Services Segment HA Services Segment Total Discontinued Operations Human Services Segment HA Services Segment Total Discontinued Operations Operating expenses: General and administrative expense $ 26 $ — $ 26 $ 9,622 $ — $ 9,622 Total operating expenses 26 — 26 9,622 — 9,622 Loss from discontinued operations before income taxes (26 ) — (26 ) (9,622 ) — (9,622 ) Income tax benefit 10 — 10 3,622 — 3,622 Discontinued operations, net of tax $ (16 ) $ — $ (16 ) $ (6,000 ) $ — $ (6,000 )
Schedule of Cash Flow from Discontinued Operating Activities	The following table presents depreciation, amortization and capital expenditures of the discontinued operations for the nine months ended September 30, 2016 : Nine months ended September 30, 2016 Cash flows from discontinued operating activities: Depreciation $ 3,661 Amortization $ 17,460 Cash flows from discontinued investing activities: Purchase of property and equipment $ 8,020

Segments (Tables)

Segments (Tables)	9 Months Ended
	Sep. 30, 2017
Segment Reporting [Abstract]
Financial Information Attributable to the Company's Business Segments	The following tables set forth certain financial information from continuing operations attributable to the Company’s business segments for the three and nine months ended September 30, 2017 and 2016 : Three months ended September 30, 2017 NET Services WD Services Matrix Investment Corporate and Other Total Service revenue, net $ 324,824 $ 84,693 $ — $ — $ 409,517 Service expense 304,454 73,581 — (3 ) 378,032 General and administrative expense 2,899 6,980 — 8,750 18,629 Depreciation and amortization 3,286 3,166 — 95 6,547 Operating income (loss) $ 14,185 $ 966 $ — $ (8,842 ) $ 6,309 Equity in net gain (loss) of investee $ — $ (459 ) $ (1 ) $ — $ (460 ) Three months ended September 30, 2016 NET Services WD Services Matrix Investment Corporate and Other Total Service revenue, net $ 317,280 $ 94,960 $ — $ 31 $ 412,271 Service expense 293,919 84,051 — 518 378,488 General and administrative expense 2,860 6,780 — 7,680 17,320 Depreciation and amortization 3,051 3,497 — 122 6,670 Operating income (loss) $ 17,450 $ 632 $ — $ (8,289 ) $ 9,793 Equity in net gain (loss) of investee $ — $ (1,517 ) $ — $ — $ (1,517 ) Nine months ended September 30, 2017 NET Services WD Services Matrix Investment Corporate and Other Total Service revenue, net $ 987,662 $ 229,332 $ — $ — $ 1,216,994 Service expense 927,082 199,665 — (2,269 ) 1,124,478 General and administrative expense 8,879 20,944 — 23,882 53,705 Depreciation and amortization 9,763 9,695 — 258 19,716 Operating income (loss) $ 41,938 $ (972 ) $ — $ (21,871 ) $ 19,095 Equity in net gain (loss) of investee $ — $ (1,419 ) $ 428 $ — $ (991 ) Nine months ended September 30, 2016 NET Services WD Services Matrix Investment Corporate and Other Total Service revenue, net $ 917,157 $ 275,293 $ — $ (24 ) $ 1,192,426 Service expense 846,311 247,797 — 903 1,095,011 General and administrative expense 8,483 23,236 — 20,829 52,548 Depreciation and amortization 8,858 10,912 — 288 20,058 Operating income (loss) $ 53,505 $ (6,652 ) $ — $ (22,044 ) $ 24,809 Equity in net gain (loss) of investee $ — $ (5,693 ) $ — $ — $ (5,693 )

Organization and Basis of Pre32

Organization and Basis of Presentation - Narrative (Details)	Oct. 19, 2016	Sep. 30, 2017
Matrix
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage	46.80%	46.60%
Matrix
Schedule of Equity Method Investments [Line Items]
Interest in subsidiary subscribed for by third party	53.20%

Significant Accounting Polici33

Significant Accounting Policies and Recent Accounting Pronouncements - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands	Jan. 01, 2017	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Provision for income taxes		$ 2,989	$ 4,678	$ 8,391	$ 12,466
HoldCo LTI Program | Scenario, Forecast
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Minimum common stock price for distribution (in usd per share)						$ 56.79
Accounting Standards Update 2015-17 | Reclassification from Current Tax Assets to Long-term Deferred Tax Assets and Liabilities | December 31, 2016
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Prior period reclassification adjustment	$ 6,825
Accounting Standards Update 2015-17 | Reclassification from Non-Current Tax Assets to Long-term Deferred Tax Assets And Liabilities | December 31, 2016
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Prior period reclassification adjustment	2,493
Accounting Standards Update 2015-17 | Reclassification from Current and Non-Current Tax Assets to Long-term Deferred Tax Assets And Liabilities | December 31, 2016
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Prior period reclassification adjustment	9,318
Accounting Standards Update 2016-09
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative effect on retained earnings, net of tax	$ 850
Provision for income taxes		$ 261		$ 148
Antidilutive securities excluded from computation of earnings per share, amount (in shares)		(4,779)		(7,451)
Accounting Standards Update 2016-09 | Reclassification from a Decrease in Financing Acticvities Cash Flows to an Increase in Operating Activities Cash Flows | Period of Six Months Ended June 30, 2016
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Prior period reclassification adjustment					$ 276

Equity Investment - Narrative (

Equity Investment - Narrative (Details) AUD in Thousands, $ in Thousands	Sep. 29, 2017AUD	Sep. 29, 2017USD ($)	Sep. 30, 2017USD ($)	Sep. 30, 2016USD ($)	Sep. 30, 2017USD ($)	Sep. 30, 2016USD ($)	Dec. 31, 2016USD ($)	Oct. 19, 2016
Schedule of Equity Method Investments [Line Items]
Equity investments			$ 157,067		$ 157,067		$ 161,363
Proceeds from sale of equity investment					15,823	$ 0
Gain on sale of equity investment			12,606	$ 0	$ 12,606	$ 0
Disposed of by Sale | Mission Providence
Schedule of Equity Method Investments [Line Items]
Equity investments							4,021
Sale of stock, percentage of ownership before transaction	100.00%	100.00%
Proceeds from sale of equity investment	AUD 20,184	$ 15,823
Gain on sale of equity investment			$ 12,606
Matrix
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage			46.60%		46.60%			46.80%
Equity investments			$ 156,883		$ 156,883		$ 157,202
Mission Providence
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage			60.00%		60.00%
Joint venture, rights to cash or profit surplus, percentage			75.00%		75.00%

Equity Investment - Summary of

Equity Investment - Summary of Financial Information for Matrix (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Schedule of Investments [Line Items]
Current assets	$ 313,176		$ 313,176		$ 288,103
Current liabilities	248,343		248,343		227,796
Revenue	409,517	$ 412,271	1,216,994	$ 1,192,426
Operating income	6,309	9,793	19,095	24,809
Net loss	14,853	$ 650	14,441	$ 7,508
Matrix
Schedule of Investments [Line Items]
Current assets	50,015		50,015		28,589
Long-term assets	598,842		598,842		614,841
Current liabilities	39,273		39,273		25,791
Long-term liabilities	270,816		270,816		$ 281,348
Revenue	58,639		175,346
Operating income	3,159		10,109
Net loss	$ (537)		$ (775)

Equity Investment - Summary o36

Equity Investment - Summary of Financial Information for Mission Providence (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Schedule of Investments [Line Items]
Current assets	$ 313,176		$ 313,176		$ 288,103
Current liabilities	248,343		248,343		227,796
Revenue	409,517	$ 412,271	1,216,994	$ 1,192,426
Operating loss	6,309	9,793	19,095	24,809
Net loss	14,853	650	14,441	7,508
Mission Providence
Schedule of Investments [Line Items]
Current assets					4,640
Long-term assets					10,473
Current liabilities					12,844
Long-term liabilities					$ 1,655
Revenue	10,244	9,349	30,125	26,475
Operating loss	(599)	(2,903)	(1,765)	(10,697)
Net loss	$ (651)	$ (2,059)	$ (1,934)	$ (7,627)

Prepaid Expenses and Other - Su

Prepaid Expenses and Other - Summary of Prepaid Expenses and Other (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Prepaid Expense and Other Assets, Current [Abstract]
Prepaid income taxes	$ 3,819	$ 1,467
Escrow funds	10,000	10,000
Prepaid insurance	2,778	3,153
Prepaid taxes and licenses	2,526	3,570
Note receivable	3,201	3,130
Prepaid rent	2,727	2,013
Deposits held for leased premises and bonds	2,744	2,609
Other	11,288	11,953
Total prepaid expenses and other	$ 39,083	$ 37,895

Prepaid Expenses and Other - Na

Prepaid Expenses and Other - Narrative (Details) $ in Millions	9 Months Ended
	Sep. 30, 2017USD ($)
Human Services Segment | Indemnification Agreement
Schedule of Equity Method Investments [Line Items]
Loss contingency accrual, provision	$ 15

Accrued Expenses - Summary of A

Accrued Expenses - Summary of Accrued Expenses (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Accrued Liabilities, Current [Abstract]
Accrued compensation	$ 24,058	$ 23,050
NET Services accrued contract payments	26,504	32,836
Accrued settlement	15,000	6,000
Income taxes payable	0	372
Other	37,835	40,123
Total accrued expenses	$ 103,397	$ 102,381

Restructuring and Related Reo40

Restructuring and Related Reorganization Costs - Narrative (Details) $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2017USD ($)	Sep. 30, 2016USD ($)	Dec. 31, 2016USD ($)program	Dec. 31, 2015USD ($)
Restructuring Cost and Reserve [Line Items]
Costs Incurred	$ 1,117	$ 4,741
Restructuring reserve	768	3,875	$ 3,916	$ 8,597
Employee Severance | WD Services | Ingeus Acquisition
Restructuring Cost and Reserve [Line Items]
Number of severance plans (in programs) | program			3
Employee Severance | WD Services | Ingeus Acquisition | Accrued Expenses
Restructuring Cost and Reserve [Line Items]
Costs Incurred	1,117	$ 4,741
Restructuring reserve	$ 768

Restructuring and Related Reo41

Restructuring and Related Reorganization Costs - Summary of Severance and Related Charges (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Restructuring Reserve [Roll Forward]
Balance at beginning of period	$ 3,916	$ 8,597
Costs Incurred	1,117	4,741
Cash Payments	(4,443)	(8,454)
Foreign Exchange Rate Adjustments	178	(1,009)
Balance at end of period	768	3,875
Ingeus Futures' Program
Restructuring Reserve [Roll Forward]
Balance at beginning of period	2,486
Costs Incurred	1,186
Cash Payments	(3,086)
Foreign Exchange Rate Adjustments	158
Balance at end of period	744
Offender Rehabilitation Program
Restructuring Reserve [Roll Forward]
Balance at beginning of period	1,380	6,538
Costs Incurred	(40)	4,204
Cash Payments	(1,357)	(6,075)
Foreign Exchange Rate Adjustments	17	(906)
Balance at end of period	0	3,761
UK Restructuring Program
Restructuring Reserve [Roll Forward]
Balance at beginning of period	50	2,059
Costs Incurred	(29)	537
Cash Payments	0	(2,379)
Foreign Exchange Rate Adjustments	3	(103)
Balance at end of period	$ 24	$ 114

Stockholders' Equity - Changes

Stockholders' Equity - Changes In Stockholders' Equity (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance			$ 297,675
Stock-based compensation			4,636
Exercise of employee stock options			1,230
Restricted stock issued			(779)
Performance restricted stock issued			(96)
Shares issued for bonus settlement and director stipend			1,107
Stock repurchase plan			(17,983)
Conversion of convertible preferred stock to common stock			17
Foreign currency translation adjustments, net of tax			6,409
Reclassification of translation loss realized upon sale of equity investment	$ 527	$ 0	527	$ 0
Convertible preferred stock dividends			(3,305)
Noncontrolling interests	95	301	295	(433)
Other			25
Net income attributable to Providence	14,853	$ 650	14,441	$ 7,508
Cumulative effect adjustment from change in accounting principle	0		0
Balance	304,199		$ 304,199
Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance (in shares)			17,315,661
Balance			$ 17
Stock-based compensation			$ 0
Exercise of employee stock options (in shares)			70,283
Exercise of employee stock options			$ 0
Restricted stock issued (in shares)			31,316
Restricted stock issued			$ 0
Performance restricted stock issued (in shares)			3,773
Performance restricted stock issued			$ 0
Shares issued for bonus settlement and director stipend (in shares)			25,225
Shares issued for bonus settlement and director stipend
Stock repurchase plan (in shares)			0
Stock repurchase plan			$ 0
Conversion of convertible preferred stock to common stock (in shares)			415
Foreign currency translation adjustments, net of tax			$ 0
Reclassification of translation loss realized upon sale of equity investment			0
Convertible preferred stock dividends			0
Noncontrolling interests			0
Other			0
Net income attributable to Providence			0
Cumulative effect adjustment from change in accounting principle	$ 0		$ 0
Balance (in shares)	17,446,673		17,446,673
Balance	$ 17		$ 17
Additional Paid-In Capital
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance			302,010
Stock-based compensation			4,636
Exercise of employee stock options			1,468
Restricted stock issued			0
Performance restricted stock issued			(96)
Shares issued for bonus settlement and director stipend			1,107
Stock repurchase plan			0
Conversion of convertible preferred stock to common stock			17
Foreign currency translation adjustments, net of tax			0
Reclassification of translation loss realized upon sale of equity investment			0
Convertible preferred stock dividends			0
Noncontrolling interests			0
Other			25
Net income attributable to Providence			0
Cumulative effect adjustment from change in accounting principle	850		850
Balance	310,017		310,017
Retained Earnings
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance			156,718
Stock-based compensation			0
Exercise of employee stock options			0
Restricted stock issued			0
Performance restricted stock issued			0
Shares issued for bonus settlement and director stipend
Stock repurchase plan			0
Foreign currency translation adjustments, net of tax			0
Reclassification of translation loss realized upon sale of equity investment			0
Convertible preferred stock dividends			(3,305)
Noncontrolling interests			0
Other			0
Net income attributable to Providence			14,441
Cumulative effect adjustment from change in accounting principle	(850)		(850)
Balance	167,004		167,004
Accumulated Other Comprehensive Loss
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance			(33,449)
Stock-based compensation			0
Exercise of employee stock options			0
Restricted stock issued			0
Performance restricted stock issued			0
Shares issued for bonus settlement and director stipend			0
Stock repurchase plan			0
Foreign currency translation adjustments, net of tax			6,591
Reclassification of translation loss realized upon sale of equity investment			527
Convertible preferred stock dividends			0
Noncontrolling interests			0
Other			0
Net income attributable to Providence			0
Cumulative effect adjustment from change in accounting principle	0		0
Balance	(26,331)		$ (26,331)
Treasury Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance (in shares)			3,478,676
Balance			$ (125,201)
Stock-based compensation			$ 0
Exercise of employee stock options (in shares)			5,665
Exercise of employee stock options			$ (238)
Restricted stock issued (in shares)			17,865
Restricted stock issued			$ (779)
Performance restricted stock issued (in shares)			0
Performance restricted stock issued			$ 0
Shares issued for bonus settlement and director stipend (in shares)			0
Shares issued for bonus settlement and director stipend			$ 0
Stock repurchase plan (in shares)			441,965
Stock repurchase plan			$ (17,983)
Foreign currency translation adjustments, net of tax			0
Reclassification of translation loss realized upon sale of equity investment			0
Convertible preferred stock dividends			0
Noncontrolling interests			0
Other			0
Net income attributable to Providence			0
Cumulative effect adjustment from change in accounting principle	$ 0		$ 0
Balance (in shares)	3,944,171		3,944,171
Balance	$ (144,201)		$ (144,201)
Non-controlling Interest
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance			(2,420)
Stock-based compensation			0
Exercise of employee stock options			0
Restricted stock issued			0
Performance restricted stock issued			0
Shares issued for bonus settlement and director stipend			0
Stock repurchase plan			0
Foreign currency translation adjustments, net of tax			(182)
Reclassification of translation loss realized upon sale of equity investment			0
Convertible preferred stock dividends			0
Noncontrolling interests			295
Other			0
Net income attributable to Providence			0
Cumulative effect adjustment from change in accounting principle	0		0
Balance	$ (2,307)		$ (2,307)

Stock-Based Compensation and 43

Stock-Based Compensation and Similar Arrangements - Stock-based Compensation Activity (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	$ 1,575	$ 1,257	$ 4,636	$ 3,204
Service expense
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	131	100	365	280
General and administrative expense
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	1,434	1,135	4,221	2,858
Equity in net loss of investees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	10	0	50	0
Discontinued operations, net of tax
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	$ 0	$ 22	$ 0	$ 66

Stock-Based Compensation and 44

Stock-Based Compensation and Similar Arrangements - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands	Dec. 31, 2017	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation		$ 1,575	$ 1,257	$ 4,636	$ 3,204
Stock options outstanding (in shares)		300,831		300,831
Weighted-average exercise price (in usd per share)		$ 37.97		$ 37.97
Stock equivalent units outstanding (in shares)		6,671		6,671
Stock option equivalent units outstanding (in shares)		200,000		200,000
General and administrative expense
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation		$ 1,434	1,135	$ 4,221	2,858
Service expense
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation		131	100	365	280
HoldCo LTI Program | Scenario, Forecast
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Minimum common stock price for distribution (in usd per share)	$ 56.79
NET Services Vertical Long-term Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
NET Services long term incentive plan pool		2,956		2,956
NET Services long term incentive plan unamortized expense		696		696
NET Services Vertical Long-term Incentive Plan | Accrued Expenses and Other Long-Term Liabilities
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred compensation liability, current and noncurrent		2,260		2,260
NET Services Vertical Long-term Incentive Plan | Other Long-term Liabilities
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred compensation liability, classified, noncurrent						$ 1,841
Performance Shares | HoldCo LTI Program
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation		$ 1,014	921	$ 3,098	2,383
Performance Shares | HoldCo LTI Program | Scenario, Forecast
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period for weighted average price for common stock	90 days
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of unvested RSAs outstanding (in shares)		71,193		71,193
Weighted-average grant date fair value of unvested PRSUs outstanding (in usd per share)		$ 44.33		$ 44.33
Performance-based restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of unvested RSAs outstanding (in shares)		18,298		18,298
Stock Equivalent Unit Awards and Stock Option Equivalent Units | Accrued Expenses
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Liability for unexercised cash settled share-based payment awards		$ 3,168		$ 3,168		$ 1,764
Stock Equivalent Unit Awards and Stock Option Equivalent Units | General and administrative expense
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated share-based compensation expense (benefit)		380	422	1,611	305
NET Services Vertical Long-term Incentive Plan | Service expense
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated cash-based compensation expense		$ 274	$ 1,157	$ 419	$ 3,151

Earnings Per Share - Schedule o

Earnings Per Share - Schedule of Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Net income attributable to Providence	$ 14,853	$ 650	$ 14,441	$ 7,508
Numerator:
Less dividends on convertible preferred stock	(1,114)	(1,111)	(3,305)	(3,309)
Less income allocated to participating securities	(1,777)	(284)	(2,209)	(502)
Net income (loss) available to common stockholders	$ 11,962	$ (745)	$ 8,927	$ 3,697
Denominator:
Denominator for basic earnings per share -- weighted-average shares	13,581,662	14,523,408	13,612,764	14,823,757
Effect of dilutive securities:
Denominator for diluted earnings per share -- adjusted weighted-average shares assumed conversion (in shares)	13,655,554	14,634,483	13,676,468	14,943,024
Basic earnings (loss) per share:
Continuing operations (in dollars per share)	$ 0.88	$ 0.14	$ 1.10	$ 0.23
Discontinued operations (in dollars per share)	0	(0.19)	(0.44)	0.02
Basic earnings (loss) per common share (in dollars per share)	0.88	(0.05)	0.66	0.25
Diluted earnings (loss) per share:
Continuing operations (in dollars per share)	0.88	0.14	1.09	0.23
Discontinued operations (in dollars per share)	0	(0.19)	(0.44)	0.02
Diluted earnings (loss) per common share (in dollars per share)	$ 0.88	$ (0.05)	$ 0.65	$ 0.25
Common stock options
Effect of dilutive securities:
Common stock options (in shares)	68,856	111,075	58,668	119,267
Performance-based restricted stock units
Effect of dilutive securities:
Performance-based restricted stock units (in shares)	5,036	0	5,036
Continuing operations
Numerator:
Net income (loss) available to common stockholders	$ 11,978	$ 2,046	$ 14,927	$ 3,405
Discontinued operations
Numerator:
Net income (loss) available to common stockholders	$ (16)	$ (2,791)	$ (6,000)	$ 292

Earnings Per Share - Schedule46

Earnings Per Share - Schedule of Antidilutive Securities (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Stock options to purchase common stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities (in shares)	33,890	33,957	56,528	33,957
Convertible preferred stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities (in shares)	803,285	803,398	803,360	803,457

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Effective income tax rate from continuing operations	16.70%	55.60%	28.80%	64.90%
U.S. federal statutory rate	35.00%	35.00%	35.00%	35.00%
Gain on sale of equity method investment, tax	$ 0		$ 0
Gain on sale of equity investment	12,606,000	$ 0	12,606,000	$ 0
Provision for income taxes	2,989,000	$ 4,678,000	8,391,000	$ 12,466,000
HoldCo LTI Program | Scenario, Forecast
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Minimum common stock price for distribution (in usd per share)					$ 56.79
Accounting Standards Update 2016-09
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Provision for income taxes	261,000		$ 148,000
Mission Providence | Disposed of by Sale
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Gain on sale of equity investment	$ 12,606,000

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Details)	Sep. 30, 2017USD ($)planshares	Sep. 28, 2017USD ($)	Sep. 30, 2017USD ($)planshares	Sep. 30, 2017USD ($)planshares	Sep. 30, 2016USD ($)	Sep. 30, 2017USD ($)planshares	Sep. 30, 2016USD ($)	Dec. 31, 2016USD ($)shares	Feb. 05, 2015USD ($)$ / sharesshares
Loss Contingencies [Line Items]
Convertible preferred stock, pro rata share									$ 65,500,000
Preferred stock, price per share (in usd per share) | $ / shares									$ 100
Number of deferred compensation plans | plan	1		1	1		1
Other Noncurrent Liabilities
Loss Contingencies [Line Items]
Total participant deferrals	$ 1,718,000		$ 1,718,000	$ 1,718,000		$ 1,718,000		$ 1,430,000
Insurance Claims
Loss Contingencies [Line Items]
Offsetting receivable	6,098,000		6,098,000	6,098,000		6,098,000		5,265,000
Loss contingency accrual, net	8,309,000		8,309,000	8,309,000		8,309,000		11,195,000
Loss contingency accrual, gross	14,407,000		14,407,000	14,407,000		14,407,000		16,460,000
Human Services Segment | Indemnification Agreement
Loss Contingencies [Line Items]
Loss contingency accrual, provision						15,000,000
Discontinued Operations, Net of Tax | Human Services Segment | Indemnification Agreement
Loss Contingencies [Line Items]
Loss contingency accrual, provision	15,000,000
Haverhill Litigation
Loss Contingencies [Line Items]
Indemnified legal expenses				21,000	$ 791,000	296,000	$ 935,000
Indemnified legal expense of related parties				23,000	360,000	231,000	504,000
Offsetting receivable	$ 903,000		$ 903,000	903,000		903,000		$ 1,645,000
Haverhill Litigation | General and administrative expense
Loss Contingencies [Line Items]
Legal expense (insurance benefit)				$ (3,000)	$ 107,000	$ 8,000	$ 107,000
Unsecured Subordinated Note Issued to Coliseum | Coliseum Capital Management, LLC
Loss Contingencies [Line Items]
Stated interest rate									14.00%
Debt principal amount									$ 65,500,000
Convertible preferred stock
Loss Contingencies [Line Items]
Convertible preferred stock, Shares Issued (in shares) | shares	803,232		803,232	803,232		803,232		803,398
Non-Standby Purchasers | Convertible preferred stock
Loss Contingencies [Line Items]
Convertible preferred stock, Shares Issued (in shares) | shares									130,884
The Standby Purchasers | Convertible preferred stock
Loss Contingencies [Line Items]
Preferred stock, price per share (in usd per share) | $ / shares									$ 100
Convertible preferred stock, Shares Issued (in shares) | shares									524,116
Proposed Settlement Agreement | Settled Litigation
Loss Contingencies [Line Items]
Settlement amount received		$ 10,000,000
Settlement percentage received by company		75.00%
Settlement percentage received by company stockholders		25.00%
Payment expected to receive following completion of appeal period		$ 5,000,000
Rodriguez v. Providence Community Corrections | Human Services Segment | Indemnification Agreement
Loss Contingencies [Line Items]
Settlement amount paid			$ 14,000,000

Transactions with Related Par49

Transactions with Related Parties - Narrative (Details) - USD ($)	3 Months Ended			9 Months Ended
	Sep. 30, 2017	Mar. 31, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Related Party Transaction [Line Items]
Loan to joint venture				$ 566,000	$ 0
Coliseum Capital Partners, L.P. | Preferred Stock Dividends Earned by Related Party
Related Party Transaction [Line Items]
Related party transaction amount	$ 1,062,000		$ 1,059,000	3,151,000	$ 3,154,000
Corporate Joint Venture | Mission Providence
Related Party Transaction [Line Items]
Loan to joint venture		$ 566,000
Related party notes receivable	$ 0			$ 0

Discontinued Operations - Narra

Discontinued Operations - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2017	Dec. 31, 2016	Oct. 19, 2016
Matrix
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Equity method investment, ownership percentage	46.60%	46.60%		46.80%
Equity method investment, pretax income (loss)	$ (582)	$ (896)
Proceeds from management fees received		841
Discontinued operations, interest expense	3,136	9,310
Matrix | Other Receivables
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Management fees receivable	259	259	$ 185
Human Services Segment
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Discontinued operations, legal expense	$ 26	622
Discontinued operations, settlement accrual		$ 9,000

Discontinued Operations - Summa

Discontinued Operations - Summary of Operations Classified as Discontinued Operations (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Other expenses:
Discontinued operations, net of tax	$ (16)	$ (2,791)	$ (6,000)	$ 332
Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Service revenue, net		52,557		155,421
Operating expenses:
Service expense		38,703		113,455
General and administrative expense	26	8,968	9,622	10,286
Depreciation and amortization		5,359		21,121
Total operating expenses	26	53,030	9,622	144,862
Operating income (loss)		(473)		10,559
Other expenses:
Interest expense, net		3,134		9,304
Income (loss) from discontinued operations before income taxes	(26)	(3,607)	(9,622)	1,255
Income tax benefit (provision)	10	816	3,622	(923)
Discontinued operations, net of tax	(16)	(2,791)	(6,000)	332
Human Services Segment | Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Service revenue, net		0		0
Operating expenses:
Service expense		0		0
General and administrative expense	26	7,463	9,622	7,463
Depreciation and amortization		0		0
Total operating expenses	26	7,463	9,622	7,463
Operating income (loss)		(7,463)		(7,463)
Other expenses:
Interest expense, net		0		0
Income (loss) from discontinued operations before income taxes	(26)	(7,463)	(9,622)	(7,463)
Income tax benefit (provision)	10	2,428	3,622	2,428
Discontinued operations, net of tax	(16)	(5,035)	(6,000)	(5,035)
HA Services Segment | Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Service revenue, net		52,557		155,421
Operating expenses:
Service expense		38,703		113,455
General and administrative expense	0	1,505	0	2,823
Depreciation and amortization		5,359		21,121
Total operating expenses	0	45,567	0	137,399
Operating income (loss)		6,990		18,022
Other expenses:
Interest expense, net		3,134		9,304
Income (loss) from discontinued operations before income taxes	0	3,856	0	8,718
Income tax benefit (provision)	0	(1,612)	0	(3,351)
Discontinued operations, net of tax	$ 0	$ 2,244	$ 0	$ 5,367

Discontinued Operations - Cash

Discontinued Operations - Cash Flow From Discontinued Operating Activities (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Depreciation	$ 13,802	$ 17,039
Amortization	$ 5,914	24,140
HA Services Segment | Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Depreciation		3,661
Amortization		17,460
Purchase of property and equipment		$ 8,020

Segments - Financial Informatio

Segments - Financial Information Attributable to the Company's Business Segments (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Segment Reporting Information [Line Items]
Service revenue, net	$ 409,517	$ 412,271	$ 1,216,994	$ 1,192,426
Service expense	378,032	378,488	1,124,478	1,095,011
General and administrative expense	18,629	17,320	53,705	52,548
Depreciation and amortization	6,547	6,670	19,716	20,058
Operating income	6,309	9,793	19,095	24,809
Equity in net gain (loss) of investee	(460)	(1,517)	(991)	(5,693)
Corporate and Other
Segment Reporting Information [Line Items]
Service revenue, net	0	31	0	(24)
Service expense	(3)	518	(2,269)	903
General and administrative expense	8,750	7,680	23,882	20,829
Depreciation and amortization	95	122	258	288
Operating income	(8,842)	(8,289)	(21,871)	(22,044)
Equity in net gain (loss) of investee	0	0	0	0
NET Services | Operating Segments
Segment Reporting Information [Line Items]
Service revenue, net	324,824	317,280	987,662	917,157
Service expense	304,454	293,919	927,082	846,311
General and administrative expense	2,899	2,860	8,879	8,483
Depreciation and amortization	3,286	3,051	9,763	8,858
Operating income	14,185	17,450	41,938	53,505
Equity in net gain (loss) of investee	0	0	0	0
WD Services | Operating Segments
Segment Reporting Information [Line Items]
Service revenue, net	84,693	94,960	229,332	275,293
Service expense	73,581	84,051	199,665	247,797
General and administrative expense	6,980	6,780	20,944	23,236
Depreciation and amortization	3,166	3,497	9,695	10,912
Operating income	966	632	(972)	(6,652)
Equity in net gain (loss) of investee	(459)	(1,517)	(1,419)	(5,693)
Matrix Investment | Operating Segments
Segment Reporting Information [Line Items]
Service revenue, net	0	0	0	0
Service expense	0	0	0	0
General and administrative expense	0	0	0	0
Depreciation and amortization	0	0	0	0
Operating income	0	0	0	0
Equity in net gain (loss) of investee	$ (1)	$ 0	$ 428	$ 0

Segments - Narrative (Details)

Segments - Narrative (Details) AUD in Thousands, $ in Thousands	Sep. 29, 2017AUD	Sep. 29, 2017USD ($)	Sep. 30, 2017USD ($)	Sep. 30, 2016USD ($)	Dec. 31, 2016USD ($)
Segment Reporting Information [Line Items]
Proceeds from sale of equity investment			$ 15,823	$ 0
Mission Providence | Disposed of by Sale
Segment Reporting Information [Line Items]
Proceeds from sale of equity investment	AUD 20,184	$ 15,823
Non-US
Segment Reporting Information [Line Items]
Net assets			$ 99,352		$ 76,579
Sales Revenue, Services, Net | Geographic Concentration Risk | UNITED STATES
Segment Reporting Information [Line Items]
Concentration risk, percentage			82.10%	78.00%
Sales Revenue, Services, Net | Geographic Concentration Risk | Non-US
Segment Reporting Information [Line Items]
Concentration risk, percentage			17.90%	22.00%
Stockholders' Equity, Total | Geographic Concentration Risk | Non-US
Segment Reporting Information [Line Items]
Concentration risk, percentage			26.00%		20.40%

Subsequent Events (Details)

Subsequent Events (Details) - USD ($)	Nov. 02, 2017	Dec. 31, 2016
Subsequent Event [Line Items]
Authorized repurchase amount		$ 100,000,000
Subsequent Event
Subsequent Event [Line Items]
Remaining amount authorized to be repurchased	$ 69,624,000