ModivCare (MODV) 10-Q 10 May 17 2017 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2017	May 05, 2017
Document Information [Line Items]
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 Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		13,467,098
Document Type	10-Q
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Assets
Cash and cash equivalents	$ 82,882	$ 72,262
Accounts receivable, net of allowance of $5,431 in 2017 and $5,901 in 2016	161,342	162,115
Other receivables	11,696	12,639
Prepaid expenses and other	41,328	37,895
Restricted cash	2,624	3,192
Total current assets	299,872	288,103
Property and equipment, net	47,112	46,220
Goodwill, net	119,893	119,624
Intangible assets, net	47,526	49,124
Equity investments	159,360	161,363
Other assets	9,460	8,397
Restricted cash, less current portion	10,911	10,938
Deferred tax asset	3,622	1,510
Total assets	697,756	685,279
Liabilities, redeemable convertible preferred stock and stockholders' equity
Current portion of long-term obligations	1,742	1,721
Accounts payable	24,142	22,177
Accrued expenses	111,829	102,381
Accrued transportation costs	90,955	72,356
Deferred revenue	22,756	20,522
Reinsurance and related liability reserves	7,099	8,639
Total current liabilities	258,523	227,796
Long-term obligations, less current portion	1,199	1,890
Other long-term liabilities	25,048	22,380
Deferred tax liabilities	57,939	57,973
Total liabilities	342,709	310,039
Commitments and contingencies (Note 11)
Common stock: Authorized 40,000,000 shares; $0.001 par value; 17,406,110 and 17,315,661 issued and outstanding (including treasury shares)	17	17
Additional paid-in capital	305,521	302,010
Retained earnings	150,453	156,718
Accumulated other comprehensive loss, net of tax	(32,248)	(33,449)
Treasury shares, at cost, 3,943,985 and 3,478,676 shares	(144,192)	(125,201)
Total Providence stockholders' equity	279,551	300,095
Noncontrolling interest	(2,069)	(2,420)
Total stockholders' equity	277,482	297,675
Total liabilities, redeemable convertible preferred stock and stockholders' equity	697,756	685,279
Convertible Preferred Stock [Member]
Liabilities, redeemable convertible preferred stock and stockholders' equity
Convertible preferred stock, net: Authorized 10,000,000 shares; $0.001 par value; 803,398 and 803,398 issued and outstanding; 5.5%/8.5% dividend rate	$ 77,565	$ 77,565

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Accounts receivable allowance	$ 5,431	$ 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)	17,406,110	17,315,661
Common stock, shares outstanding (in shares)	17,406,110	17,315,661
Treasury shares, shares (in shares)	3,943,985	3,478,676
Convertible Preferred Stock [Member]
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)	803,398	803,398
Convertible Preferred Stock, Shares Outstanding (in shares)	803,398	803,398
Convertible Preferred Stock [Member] | Cash Dividends [Member]
Convertible Preferred Stock, Dividend Rate	5.50%	5.50%
Convertible Preferred Stock [Member] | Paid-in-kind Dividends [Member]
Convertible Preferred Stock, Dividend Rate	8.50%	8.50%

Unaudited Condensed Consolidate

Unaudited Condensed Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Revenue	$ 399,494	$ 382,036
Operating expenses:
Service expense	369,410	348,676
General and administrative expense	17,027	18,516
Depreciation and amortization	6,269	6,540
Total operating expenses	392,706	373,732
Operating income	6,788	8,304
Other expenses:
Interest expense, net	352	494
Equity in net loss of investees	2,060	2,717
Gain on foreign currency transactions	(62)	(75)
Income from continuing operations before income taxes	4,438	5,168
Provision for income taxes	2,523	3,792
Income from continuing operations, net of tax	1,915	1,376
Discontinued operations, net of tax	(5,866)	753
Net (loss) income	(3,951)	2,129
Net (income) loss attributable to noncontrolling interests	(374)	106
Net (loss) income attributable to Providence	(4,325)	2,235
Net (loss) income available to common stockholders (Note 9)	$ (5,473)	$ 1,002
Basic (loss) earnings per common share:
Continuing operations (in dollars per share)	$ 0.03	$ 0.02
Discontinued operations (in dollars per share)	(0.43)	0.05
Basic (loss) earnings per common share (in dollars per share)	(0.40)	0.07
Diluted (loss) earnings per share:
Continuing operations (in dollars per share)	0.03	0.02
Discontinued operations (in dollars per share)	(0.43)	0.05
Diluted (loss) earnings per common share (in dollars per share)	$ (0.40)	$ 0.07
Denominator:
Basic (in shares)	13,704,272	15,057,598
Diluted (in shares)	13,768,524	15,185,548

Unaudited Condensed Consolidat5

Unaudited Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Net (loss) income	$ (3,951)	$ 2,129
Net (income) loss attributable to noncontrolling interests	(374)	106
Net loss	(4,325)	2,235
Other comprehensive income (loss):
Foreign currency translation adjustments, net of tax	1,201	(1,492)
Other comprehensive income (loss):	1,201	(1,492)
Comprehensive (loss) income	(2,750)	637
Comprehensive (loss) income attributable to noncontrolling interest	(351)	93
Comprehensive (loss) income attributable to Providence	$ (3,101)	$ 730

Unaudited Condensed Consolidat6

Unaudited Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Operating activities
Net (loss) income	$ (3,951)	$ 2,129
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	4,306	5,521
Amortization	1,963	8,815
Provision for doubtful accounts	198	494
Stock-based compensation	1,466	612
Deferred income taxes	(2,795)	(3,954)
Amortization of deferred financing costs and debt discount	175	532
Equity in net loss of investees	2,060	2,717
Other non-cash charges (credits)	(61)	(43)
Changes in operating assets and liabilities, net of effects of acquisitions:
Accounts receivable	1,063	22,520
Prepaid expenses and other	(1,906)	(1,735)
Reinsurance liability reserve	(1,404)	(1,728)
Accounts payable and accrued expenses	12,339	4,071
Income taxes payable on sale of business		(28,337)
Accrued transportation costs	18,599	19,930
Deferred revenue	2,007	516
Other long-term liabilities	2,139	2,615
Net cash provided by operating activities	36,198	34,675
Investing activities
Purchase of property and equipment	(5,738)	(9,814)
Net increase in short-term investments	(3)	(5)
Equity investments		(3,229)
Loan to joint venture	(566)
Restricted cash for reinsured claims losses and other	595	2,514
Net cash used in investing activities	(5,712)	(10,534)
Financing activities
Preferred stock dividends	(1,090)	(1,099)
Repurchase of common stock, for treasury	(18,753)	(19,579)
Proceeds from common stock issued pursuant to stock option exercise	99	176
Repayment of long-term debt		(7,750)
Proceeds from long-term debt		15,000
Capital lease payments and other	(670)
Net cash used in financing activities	(20,414)	(13,252)
Effect of exchange rate changes on cash	548	(442)
Net change in cash and cash equivalents	10,620	10,447
Cash and cash equivalents at beginning of period	72,262	84,770
Cash and cash equivalents at end of period	82,882	95,217
Supplemental cash flow information:
Cash paid for interest	254	3,165
Cash paid for income taxes	454	28,564
Accrued unfunded future equity investment capital contributions		$ 1,531

Note 1 - Organization and Basis

Note 1 - Organization and Basis of Presentation	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	1 . Organization and Basis of Presentation Description of Business The Providence Service Corporation (“we”, the “Company” or “Providence”) is a holding company, which owns interests in subsidiaries and other companies that are 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 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 10 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 March 31, 2017 may December 31, 2017. The condensed consolidated balance sheet at December 31, 2016 10 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, 53.2% 46.8% Operating results for this segment are reported as discontinued operations, net of tax in the condensed consolidated statements of income for the three March 31, 2016. 13, Discontinued Operations , . 2, Significant Accounting Policies and Recent Accounting Pronouncements

Note 2 - Significant Accounting

Note 2 - Significant Accounting Policies and Recent Accounting Pronouncements	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	2 . Significant Accounting Policies and Recent Accounting Pronouncements The Company adopted the following accounting pronouncements during the three March 31, 2017: In November 2015, 2015 17, Income Taxes (Topic 740): 2015 17”), December 16, 2016, 2015 17 January 1, 2017, December 31, 2016 $6,825 $2,493 $9,318. In March 2016, 2016 07, Investments - Equity Method and Joint Ventures (Topic 323): 2016 07”). 2016 07 2016 07 2016 07 December 15, 2016 2016 07 January 1, 2017. 2016 07 In March 2016, 2016 09, Compensation - Stock Compensation (Topic 718): 2016 09”). 2016 09 December 15, 2016, 2016 09 January 1, 2017, $850 January 1, 2017. three March 31, 2017, $210 in diluted weighted average shares outstanding of 1,378 three March 31, 2017. 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 $41 $41 three March 31, 2016. 2016 09 Updates to the recent accounting pronouncements as disclosed in the Company’s Form 10 December 31, 2016 In May 2014, 2014 09, 606 2014 09”). 2014 09 606 606”). 606 605, Revenue Recognition 2014 09: ● In December 2016, 2016 20, Revenue from Contracts with Customers (Topic 606): 2016 20”). 2016 20 606. 2016 20 2016 20 ● In May 2016, 2016 12, Revenue from Contracts with Customers (Topic 606): 2016 12”). 2016 12 2014 09. ● In April 2016, 2016 10, Revenue from Contracts with Customers (Topic 606): 2016 10”). 2016 10 2014 09 ● In March 2016, 2016 08, Revenue from Contracts with Customers (Topic 606): 2016 08”) . 2016 08 2014 09 Each of these ASUs are effective for public companies for annual reporting periods (and interim reporting periods within those annual reporting periods) beginning after December 15, 2017 606 ● 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; ● the manner in which the Company will measure its progress towards fully satisfying its performance obligations; and ● whether and how much variable consideration to include when determining the transaction prices for its contracts with customers. Management’s assessment is ongoing; therefore, the Company has not yet determined with certainty the impact of applying ASC 606. In January 2017, 2017 01, Business Combinations (Topic 805): Clarifying the Definition of a Business 2017 01”). 2017 01 2017 01 December 15, 2017, 2017 01 In January 2017, 2017 03, Accounting Changes and Error Corrections (Topic 250) 232) 2017 03”). 2017 03 In January 2017, 2017 04, Intangibles-Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment (“ASU 2017 04”). 2017 04 two 2017 04, December 15, 2019. January 1, 2017. There were no other significant updates to the new accounting guidance not yet adopted by the Company as disclosed in its Form 10 December 31, 2016.

Note 3 - Equity Investment

Note 3 - Equity Investment	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Equity Method Investments and Joint Ventures Disclosure [Text Block]	3 . Equity Investment Mission Providence The Company entered into a joint venture agreement in November 2014 60% 75% The Company determined it has a variable interest in Mission Providence. However, it does not have unilateral power to direct the activities that most significantly impact Mission Providence’s economic performance, which include budget approval, business planning, the appointment of key officers and liquidation and distribution of share capital. As a result, the Company is not the primary beneficiary of Mission Providence. The Company accounts for this investment under the equity method of accounting and the Company’s share of Mission Providence’s losses are recorded as “Equity in net 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.” The following table summarizes the carrying amounts of the assets and liabilities included in the Company’s consolidated balance sheet and the maximum loss exposure related to the Company’s interest in Mission Providence as of March 31, 2017 December 31, 2016: Equity Investments Other Assets Accrued Expenses Maximum Exposure to Loss March 31, 2017 $ 2,868 $ 573 $ - $ 3,441 December 31, 2016 $ 4,021 $ - $ - $ 4,021 Other assets represent a loan to Mission Providence, which was made during the three March 31, 2017. March 31, 2017 December 31, 2016 Current assets $ 756 $ 4,640 Long-term assets 10,867 10,473 Current liabilities 12,186 12,844 Long-term liabilities - 1,655 Three months ended March 31, 2017 Three months ended March 31, 2016 Revenue $ 9,388 $ 7,418 Operating loss (1,150 ) (4,428 ) Net loss (1,203 ) (2,974 ) During the three March 31, 2017, $1,063. Matrix Prior to the closing of the Matrix Transaction on October 19, 2016, 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 March 31, 2017 December 31, 2016 $156,355 $157,202, Summary financial information for Matrix on a standalone basis is as follows: March 31, 2017 December 31, 2016 Current assets $ 35,899 $ 28,589 Long-term assets 609,429 614,841 Current liabilities 31,198 25,791 Long-term liabilities 227,953 281,348 Three months ended March 31, 2017 Revenue $ 55,855 Operating income 1,008 Net loss (1,857 ) Included in Matrix’s net loss are transaction bonuses and other transaction related costs of $2,994, $643, $8,033 $3,607.

Note 4 - Prepaid Expenses and O

Note 4 - Prepaid Expenses and Other	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Prepaid Expenses and Other Assets Disclosure [Text Block]	4 . Prepaid Expenses and Other Prepaid expenses and other were comprised of the following: March 31, December 31, 2017 2016 Prepaid income taxes $ 1,488 $ 1,467 Escrow funds 10,000 10,000 Prepaid insurance 1,583 3,153 Prepaid taxes and licenses 2,760 3,570 Note receivable 3,153 3,130 Prepaid rent 3,075 2,013 Deposits held for leased premises and bonds 2,805 2,609 Other 16,464 11,953 Total prepaid expenses and other $ 41,328 $ 37,895 Escrow funds represent amounts related to potential indemnification claims for the sale of the Human Services segment, which was completed on November 1, 2015. $15,000 March 31, 2017. 11, Commitments and Contingencies

Note 5 - Accrued Expenses

Note 5 - Accrued Expenses	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	5 . Accrued Expenses Accrued expenses consisted of the following: March 31, December 31, 2017 2016 Accrued compensation $ 17,765 $ 23,050 NET Services accrued contract payments 38,039 32,836 Accrued settlement 15,000 6,000 Income taxes payable 1,301 372 Other 39,724 40,123 Total accrued expenses $ 111,829 $ 102,381

Note 6 - Restructuring and Rela

Note 6 - Restructuring and Related Reorganization Costs	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Restructuring and Related Activities Disclosure [Text Block]	6. As of December 31, 2016, three 2016 two 2015, $553 $1,171 three March 31, 2017 2016, The initial estimate of severance and related charges for the plans is based upon the employee groups impacted, average salary and benefits, and redundancy benefits pursuant to the existing policies. The charges incurred for the redundancy plans during the three March 31, 2017 2016 Summary of Severance and Related Charges January 1, 2017 Costs Incurred Cash Payments Foreign Exchange Rate Adjustments March 31, 2017 Ingeus Futures' Program $ 2,486 $ 553 $ (152 ) $ 29 $ 2,916 Offender Rehabilitation Program 1,380 - (1,120 ) 9 269 UK Restructuring Program 50 - - 1 51 Total $ 3,916 $ 553 $ (1,272 ) $ 39 $ 3,236 January 1, 2016 Costs Incurred Cash Payments Foreign Exchange Rate Adjustments March 31, 2016 Offender Rehabilitation Program $ 6,538 $ 1,065 $ (583 ) $ (190 ) $ 6,830 UK Restructuring Program 2,059 106 (693 ) (62 ) 1,410 Total $ 8,597 $ 1,171 $ (1,276 ) $ (252 ) $ 8,240 The total of accrued severance and related costs of $3,236 March 31, 2017. March 31, 2017 2017.

Note 7 - Stockholders' Equity

Note 7 - Stockholders' Equity	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	7 . 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 three March 31, 2017: Accumulated Additional Other Non- Common Stock Paid-In Retained Comprehensive Treasury Stock controlling Shares Amount Capital Earnings Loss Shares Amount Interest Total 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 - - 1,493 - - - - - 1,493 Exercise of employee stock options 37,273 - 39 - - 5,665 (238 ) - (199 ) Restricted stock issued 28,858 - - - - 17,679 (770 ) - (770 ) Shares issued for bonus settlement and director stipend 24,318 1,107 - - - - 1,107 Stock repurchase plan - - - - - 441,965 (17,983 ) - (17,983 ) Foreign currency translation adjustments, net of tax - - - - 1,201 - - (23 ) 1,178 Convertible preferred stock dividends - - - (1,090 ) - - - - (1,090 ) Noncontrolling interests - - - - - - - 374 374 Other - - 22 - - - - - 22 Net income attributable to Providence - - - (4,325 ) - - - - (4,325 ) Cumulative effect adjustment from change in accounting principle - - 850 (850 ) - - - - - Balance at March 31, 2017 17,406,110 $ 17 $ 305,521 $ 150,453 $ (32,248 ) 3,943,985 $ (144,192 ) $ (2,069 ) $ 277,482

Note 8 - Stock-based Compensati

Note 8 - Stock-based Compensation and Similar Arrangements	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	8 . Stock-Based Compensation and Similar Arrangements The Company provides stock-based compensation to employees and non-employee directors under the Company’s 2006 (“2006 2006 The following table reflects the amount of stock-based compensation, for share settled awards, recorded in each financial statement line item for the three March 31, 2017 2016: Three months ended March 31, 2017 2016 Service expense $ 124 $ 114 General and administrative expense 1,342 477 Equity in net loss of investees 27 - Discontinued operations, net of tax - 21 Total stock-based compensation $ 1,493 $ 612 Stock-based compensation, for share settled awards, includes $1,042 $621 three March 31, 2017 2016, 2015 90 December 31, 2017 $56.79. At March 31, 2017, 313,741 $37.78. 71,373 March 31, 2017 $44.35 19,200 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 three March 31, 2017 2016, $667 $730 three March 31, 2017 2016 $2,225 $1,764 March 31, 2017 December 31, 2016, March 31, 2017, 6,671 200,000 The Company also provides cash settled long-term incentive plans for executive management and key employees of its operating segments. For the three March 31, 2017 2016, $590 $1,015, $2,386 $1,841 March 31, 2017 December 31, 2016,

Note 9 - Earnings Per Share

Note 9 - Earnings Per Share	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Earnings Per Share [Text Block]	9 . Earnings Per Share The following table details the computation of basic and diluted earnings per share: Three months ended March 31, 2017 2016 Numerator: Net (loss) income attributable to Providence $ (4,325 ) $ 2,235 Less dividends on convertible preferred stock (1,090 ) (1,099 ) Less income allocated to participating securities (58 ) (134 ) Net (loss) income available to common stockholders $ (5,473 ) $ 1,002 Continuing operations $ 394 $ 338 Discontinued operations (5,867 ) 664 $ (5,473 ) $ 1,002 Denominator: Denominator for basic earnings per share -- weighted-average shares 13,704,272 15,057,598 Effect of dilutive securities: Common stock options 58,313 121,009 Performance-based restricted stock units 5,939 6,941 Denominator for diluted earnings per share -- adjusted weighted-average shares assumed conversion 13,768,524 15,185,548 Basic (loss) earnings per share: Continuing operations $ 0.03 $ 0.02 Discontinued operations (0.43 ) 0.05 $ (0.40 ) $ 0.07 Diluted (loss) earnings per share: Continuing operations $ 0.03 $ 0.02 Discontinued operations (0.43 ) 0.05 $ (0.40 ) $ 0.07 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 stock holders on a pro-rata as converted basis; however, the convertible preferred stockholders are not required to absorb 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 March 31, 2017 2016 Stock options to purchase common stock 165,371 33,957 Convertible preferred stock 803,398 803,518

Note 10 - Income Taxes

Note 10 - Income Taxes	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Income Tax Disclosure [Text Block]	1 0 . Income Taxes The Company’s effective tax rate from continuing operations for the three March 31, 2017 2016 56.8% 73.4%, 35% 35%, $210 three March 31, 2017 2016 09 2, Significant Accounting Policies and Recent Accounting Pronouncements .

Note 11 - Commitments and Conti

Note 11 - Commitments and Contingencies	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	1 1 . Commitments and Contingencies Legal proceedings On June 15, 2015, 11149 On October 10, 2016, November 20, 2016 January 20, 2017, On January 20, 2017, For further information regarding this legal proceeding please see Note 19, Commitments and Contingencies 10 December 31, 2016. 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 $65,500 $100.00 130,884 524,116 $100.00 14.0% $65,500, The Company has also indemnified other third October 2014 third third The Company recorded $132 $106 three March 31, 2017 2016, $115 $106 three March 31, 2017 2016, $11 three March 31, 2017. $945 $1,645 March 31, 2017 December 31, 2016, 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. 15th February 1, 2017. February 1, 2017 may third February 1, 2017 Rodriguez v. Providence Community Corrections, September 2016 $14,000, Molina and the Company are in discussions regarding a settlement of an indemnification claim by Molina with respect to the Rodriguez Litigation and other matters. Based on these discussions, the $6,000 2016 $15,000, the condensed consolidated statement of income for the three March 31, 2017 $9,000 Litigation is inherently uncertain and the actual losses incurred in the event that the related legal proceedings were to result in unfavorable outcomes could have a material adverse effect on the Company’s business and financial performance. 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. 15th 36th 15th As of March 31, 2017, March 31, 2017. Deferred Compensation Plan The Company has one March 31, 2017. $1,694 $1,430 March 31, 2017 December 31, 2016,

Note 12 - Transactions With Rel

Note 12 - Transactions With Related Parties	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	12 . 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 three March 31, 2017 2016 $1,039 $1,047, three March 31, 2017, March 31, 2017 $573

Note 13 - Discontinued Operatio

Note 13 - Discontinued Operations	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	13. On November 1, 2015, three March 31, 2017, 11, Commitment and Contingences Effective October 19, 2016, three March 31, 2016 . Following the Matrix Transaction, the Company has a continuing involvement with Matrix through its 46.8% Matrix’s pretax loss for the three March 31, 2017 $2,599. $185 three March 31, 2017. $235 $185 March 31, 2017 December 31, 2016, Results of Operations The following table summarizes the results of operations classified as discontinued operations, net of tax, for the three March 31, 2017 2016. Three months ended March 31, 2017 Human Services Segment HA Services Segment Total Discontinued Operations Operating expenses: General and administrative expense $ 9,406 $ - $ 9,406 Total operating expenses 9,406 - 9,406 Loss from discontinued operations before income taxes (9,406 ) - (9,406 ) Income tax benefit 3,540 - 3,540 Discontinued operations, net of tax $ (5,866 ) $ - $ (5,866 ) General and administrative expenses for the three March 31, 2017 $9,000 $406. 11, Commitments and Contingencies Three months ended March 31, 2016 Human Services Segment HA Services Segment Total Discontinued Operations Service revenue, net $ - $ 50,592 $ 50,592 Operating expenses: Service expense - 37,790 37,790 General and administrative expense - 656 656 Depreciation and amortization - 7,796 7,796 Total operating expenses - 46,242 46,242 Operating income - 4,350 4,350 Other expenses: Interest expense, net - 3,141 3,141 Income from discontinued operations before income taxes - 1,209 1,209 Provision for income taxes - (456 ) (456 ) Discontinued operations, net of tax $ - $ 753 $ 753 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 paid with the proceeds from the sale of the Matrix Transaction. The total allocated interest expense was $3,143 three March 31, 2016 Cash Flow Information The following table presents depreciation, amortization and capital expenditures of the discontinued operations for the three March 31, 2016: Three months ended March 31, 2016 Cash flows from discontinued operating activities: Depreciation $ 1,248 Amortization 6,548 Cash flows from discontinued investing activities: Purchase of property and equipment $ 3,317

Note 14 - Segments

Note 14 - Segments	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	14 . Segments The Company is a holding company, which owns interests in subsidiaries and other companies that are 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, 13, Discontinued Operations October 19, 2016, October 19, 2016 The following table sets forth certain financial information from continuing operations attributable to the Company’s business segments for the three March 31, 2017 2016: Three months ended March 31, 2017 NET Services WD Services Matrix Investment Corporate and Other Total Service revenue, net $ 324,034 $ 75,460 $ - $ - $ 399,494 Service expense 306,192 63,203 - 15 369,410 General and administrative expense 2,891 7,044 - 7,092 17,027 Depreciation and amortization 3,151 3,040 - 78 6,269 Operating income (loss) $ 11,800 $ 2,173 $ - $ (7,185 ) $ 6,788 Equity in net loss of investee $ - $ 1,400 $ 660 $ - $ 2,060 Three months ended March 31, 2016 NET Services WD Services Matrix Investment Corporate and Other Total Service revenue, net $ 290,962 $ 91,043 $ - $ 31 $ 382,036 Service expense 266,947 81,672 - 57 348,676 General and administrative expense 2,837 7,871 - 7,808 18,516 Depreciation and amortization 2,877 3,579 - 84 6,540 Operating income (loss) $ 18,301 $ (2,079 ) $ - $ (7,918 ) $ 8,304 Equity in net loss of investee $ - $ 2,717 $ - $ - $ 2,717 Geographic Information Domestic service revenue, net, totaled 82.0% 77.2% three March 31, 2017 2016, 18.0% 22.8% three March 31, 2017 2016, At March 31, 2017 December 31, 2016, $82,862 $76,579,

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	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 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 10 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 March 31, 2017 may December 31, 2017. The condensed consolidated balance sheet at December 31, 2016 10 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 [Policy Text Block]	Reclassifications We have reclassified certain amounts relating to our prior period results to conform to our current period presentation. On October 19, 2016, 53.2% 46.8% Operating results for this segment are reported as discontinued operations, net of tax in the condensed consolidated statements of income for the three March 31, 2016. 13, Discontinued Operations , . 2, Significant Accounting Policies and Recent Accounting Pronouncements
New Accounting Pronouncements, Policy [Policy Text Block]	The Company adopted the following accounting pronouncements during the three March 31, 2017: In November 2015, 2015 17, Income Taxes (Topic 740): 2015 17”), December 16, 2016, 2015 17 January 1, 2017, December 31, 2016 $6,825 $2,493 $9,318. In March 2016, 2016 07, Investments - Equity Method and Joint Ventures (Topic 323): 2016 07”). 2016 07 2016 07 2016 07 December 15, 2016 2016 07 January 1, 2017. 2016 07 In March 2016, 2016 09, Compensation - Stock Compensation (Topic 718): 2016 09”). 2016 09 December 15, 2016, 2016 09 January 1, 2017, $850 January 1, 2017. three March 31, 2017, $210 in diluted weighted average shares outstanding of 1,378 three March 31, 2017. 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 $41 $41 three March 31, 2016. 2016 09 Updates to the recent accounting pronouncements as disclosed in the Company’s Form 10 December 31, 2016 In May 2014, 2014 09, 606 2014 09”). 2014 09 606 606”). 606 605, Revenue Recognition 2014 09: ● In December 2016, 2016 20, Revenue from Contracts with Customers (Topic 606): 2016 20”). 2016 20 606. 2016 20 2016 20 ● In May 2016, 2016 12, Revenue from Contracts with Customers (Topic 606): 2016 12”). 2016 12 2014 09. ● In April 2016, 2016 10, Revenue from Contracts with Customers (Topic 606): 2016 10”). 2016 10 2014 09 ● In March 2016, 2016 08, Revenue from Contracts with Customers (Topic 606): 2016 08”) . 2016 08 2014 09 Each of these ASUs are effective for public companies for annual reporting periods (and interim reporting periods within those annual reporting periods) beginning after December 15, 2017 606 ● 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; ● the manner in which the Company will measure its progress towards fully satisfying its performance obligations; and ● whether and how much variable consideration to include when determining the transaction prices for its contracts with customers. Management’s assessment is ongoing; therefore, the Company has not yet determined with certainty the impact of applying ASC 606. In January 2017, 2017 01, Business Combinations (Topic 805): Clarifying the Definition of a Business 2017 01”). 2017 01 2017 01 December 15, 2017, 2017 01 In January 2017, 2017 03, Accounting Changes and Error Corrections (Topic 250) 232) 2017 03”). 2017 03 In January 2017, 2017 04, Intangibles-Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment (“ASU 2017 04”). 2017 04 two 2017 04, December 15, 2019. January 1, 2017. There were no other significant updates to the new accounting guidance not yet adopted by the Company as disclosed in its Form 10 December 31, 2016.

Note 3 - Equity Investment (Tab

Note 3 - Equity Investment (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Equity Method Investments [Table Text Block]	Equity Investments Other Assets Accrued Expenses Maximum Exposure to Loss March 31, 2017 $ 2,868 $ 573 $ - $ 3,441 December 31, 2016 $ 4,021 $ - $ - $ 4,021
Matrix [Member]
Notes Tables
Income statement and Balance sheet Disclosure [Table Text Block]	March 31, 2017 December 31, 2016 Current assets $ 35,899 $ 28,589 Long-term assets 609,429 614,841 Current liabilities 31,198 25,791 Long-term liabilities 227,953 281,348 Three months ended March 31, 2017 Revenue $ 55,855 Operating income 1,008 Net loss (1,857 )
Mission Providence [Member]
Notes Tables
Income statement and Balance sheet Disclosure [Table Text Block]	March 31, 2017 December 31, 2016 Current assets $ 756 $ 4,640 Long-term assets 10,867 10,473 Current liabilities 12,186 12,844 Long-term liabilities - 1,655 Three months ended March 31, 2017 Three months ended March 31, 2016 Revenue $ 9,388 $ 7,418 Operating loss (1,150 ) (4,428 ) Net loss (1,203 ) (2,974 )

Note 4 - Prepaid Expenses and23

Note 4 - Prepaid Expenses and Other (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]	March 31, December 31, 2017 2016 Prepaid income taxes $ 1,488 $ 1,467 Escrow funds 10,000 10,000 Prepaid insurance 1,583 3,153 Prepaid taxes and licenses 2,760 3,570 Note receivable 3,153 3,130 Prepaid rent 3,075 2,013 Deposits held for leased premises and bonds 2,805 2,609 Other 16,464 11,953 Total prepaid expenses and other $ 41,328 $ 37,895

Note 5 - Accrued Expenses (Tabl

Note 5 - Accrued Expenses (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Accrued Liabilities [Table Text Block]	March 31, December 31, 2017 2016 Accrued compensation $ 17,765 $ 23,050 NET Services accrued contract payments 38,039 32,836 Accrued settlement 15,000 6,000 Income taxes payable 1,301 372 Other 39,724 40,123 Total accrued expenses $ 111,829 $ 102,381

Note 6 - Restructuring and Re25

Note 6 - Restructuring and Related Reorganization Costs (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Restructuring and Related Costs [Table Text Block]	January 1, 2017 Costs Incurred Cash Payments Foreign Exchange Rate Adjustments March 31, 2017 Ingeus Futures' Program $ 2,486 $ 553 $ (152 ) $ 29 $ 2,916 Offender Rehabilitation Program 1,380 - (1,120 ) 9 269 UK Restructuring Program 50 - - 1 51 Total $ 3,916 $ 553 $ (1,272 ) $ 39 $ 3,236 January 1, 2016 Costs Incurred Cash Payments Foreign Exchange Rate Adjustments March 31, 2016 Offender Rehabilitation Program $ 6,538 $ 1,065 $ (583 ) $ (190 ) $ 6,830 UK Restructuring Program 2,059 106 (693 ) (62 ) 1,410 Total $ 8,597 $ 1,171 $ (1,276 ) $ (252 ) $ 8,240

Note 7 - Stockholders' Equity (

Note 7 - Stockholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Stockholders Equity [Table Text Block]	Accumulated Additional Other Non- Common Stock Paid-In Retained Comprehensive Treasury Stock controlling Shares Amount Capital Earnings Loss Shares Amount Interest Total 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 - - 1,493 - - - - - 1,493 Exercise of employee stock options 37,273 - 39 - - 5,665 (238 ) - (199 ) Restricted stock issued 28,858 - - - - 17,679 (770 ) - (770 ) Shares issued for bonus settlement and director stipend 24,318 1,107 - - - - 1,107 Stock repurchase plan - - - - - 441,965 (17,983 ) - (17,983 ) Foreign currency translation adjustments, net of tax - - - - 1,201 - - (23 ) 1,178 Convertible preferred stock dividends - - - (1,090 ) - - - - (1,090 ) Noncontrolling interests - - - - - - - 374 374 Other - - 22 - - - - - 22 Net income attributable to Providence - - - (4,325 ) - - - - (4,325 ) Cumulative effect adjustment from change in accounting principle - - 850 (850 ) - - - - - Balance at March 31, 2017 17,406,110 $ 17 $ 305,521 $ 150,453 $ (32,248 ) 3,943,985 $ (144,192 ) $ (2,069 ) $ 277,482

Note 8 - Stock-based Compensa27

Note 8 - Stock-based Compensation and Similar Arrangements (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Disclosure of Stock-based Compensation by Line Item [Table Text Block]	Three months ended March 31, 2017 2016 Service expense $ 124 $ 114 General and administrative expense 1,342 477 Equity in net loss of investees 27 - Discontinued operations, net of tax - 21 Total stock-based compensation $ 1,493 $ 612

Note 9 - Earnings Per Share (Ta

Note 9 - Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three months ended March 31, 2017 2016 Numerator: Net (loss) income attributable to Providence $ (4,325 ) $ 2,235 Less dividends on convertible preferred stock (1,090 ) (1,099 ) Less income allocated to participating securities (58 ) (134 ) Net (loss) income available to common stockholders $ (5,473 ) $ 1,002 Continuing operations $ 394 $ 338 Discontinued operations (5,867 ) 664 $ (5,473 ) $ 1,002 Denominator: Denominator for basic earnings per share -- weighted-average shares 13,704,272 15,057,598 Effect of dilutive securities: Common stock options 58,313 121,009 Performance-based restricted stock units 5,939 6,941 Denominator for diluted earnings per share -- adjusted weighted-average shares assumed conversion 13,768,524 15,185,548 Basic (loss) earnings per share: Continuing operations $ 0.03 $ 0.02 Discontinued operations (0.43 ) 0.05 $ (0.40 ) $ 0.07 Diluted (loss) earnings per share: Continuing operations $ 0.03 $ 0.02 Discontinued operations (0.43 ) 0.05 $ (0.40 ) $ 0.07
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	Three months ended March 31, 2017 2016 Stock options to purchase common stock 165,371 33,957 Convertible preferred stock 803,398 803,518

Note 13 - Discontinued Operat29

Note 13 - Discontinued Operations (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Disposal Groups, Including Discontinued Operations, Income Statement [Table Text Block]	Three months ended March 31, 2017 Human Services Segment HA Services Segment Total Discontinued Operations Operating expenses: General and administrative expense $ 9,406 $ - $ 9,406 Total operating expenses 9,406 - 9,406 Loss from discontinued operations before income taxes (9,406 ) - (9,406 ) Income tax benefit 3,540 - 3,540 Discontinued operations, net of tax $ (5,866 ) $ - $ (5,866 ) Three months ended March 31, 2016 Human Services Segment HA Services Segment Total Discontinued Operations Service revenue, net $ - $ 50,592 $ 50,592 Operating expenses: Service expense - 37,790 37,790 General and administrative expense - 656 656 Depreciation and amortization - 7,796 7,796 Total operating expenses - 46,242 46,242 Operating income - 4,350 4,350 Other expenses: Interest expense, net - 3,141 3,141 Income from discontinued operations before income taxes - 1,209 1,209 Provision for income taxes - (456 ) (456 ) Discontinued operations, net of tax $ - $ 753 $ 753
Disposal Groups, Including Discontinued Operations, Cash Flow Statement [Table Text Block]	Three months ended March 31, 2016 Cash flows from discontinued operating activities: Depreciation $ 1,248 Amortization 6,548 Cash flows from discontinued investing activities: Purchase of property and equipment $ 3,317

Note 14 - Segments (Tables)

Note 14 - Segments (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three months ended March 31, 2017 NET Services WD Services Matrix Investment Corporate and Other Total Service revenue, net $ 324,034 $ 75,460 $ - $ - $ 399,494 Service expense 306,192 63,203 - 15 369,410 General and administrative expense 2,891 7,044 - 7,092 17,027 Depreciation and amortization 3,151 3,040 - 78 6,269 Operating income (loss) $ 11,800 $ 2,173 $ - $ (7,185 ) $ 6,788 Equity in net loss of investee $ - $ 1,400 $ 660 $ - $ 2,060 Three months ended March 31, 2016 NET Services WD Services Matrix Investment Corporate and Other Total Service revenue, net $ 290,962 $ 91,043 $ - $ 31 $ 382,036 Service expense 266,947 81,672 - 57 348,676 General and administrative expense 2,837 7,871 - 7,808 18,516 Depreciation and amortization 2,877 3,579 - 84 6,540 Operating income (loss) $ 18,301 $ (2,079 ) $ - $ (7,918 ) $ 8,304 Equity in net loss of investee $ - $ 2,717 $ - $ - $ 2,717

Note 1 - Organization and Bas31

Note 1 - Organization and Basis of Presentation (Details Textual)	Oct. 19, 2016
Matrix [Member]
Equity Method Investment, Ownership Percentage	46.80%
Matrix [Member]
Interest in Subsidiary Subscribed for by Third Party	53.20%

Note 2 - Significant Accounti32

Note 2 - Significant Accounting Policies and Recent Accounting Pronouncements (Details Textual) - USD ($) $ in Thousands	Jan. 01, 2017	Mar. 31, 2017	Mar. 31, 2016
Income Tax Expense (Benefit)		$ 2,523	$ 3,792
Accounting Standards Update 2015-17 [Member] | Reclassification from Current Tax Assets to Long-term Deferred Tax Assets and Liabilities [Member] | December 31, 2016 [Member]
Prior Period Reclassification Adjustment		6,825
Accounting Standards Update 2015-17 [Member] | Reclassification from Non-Current Tax Assets to Long-term Deferred Tax Assets And Liabilities [Member] | December 31, 2016 [Member]
Prior Period Reclassification Adjustment		2,493
Accounting Standards Update 2015-17 [Member] | Reclassification from Current and Non-Current Tax Assets to Long-term Deferred Tax Assets And Liabilities [Member] | December 31, 2016 [Member]
Prior Period Reclassification Adjustment		9,318
Accounting Standards Update 2016-09 [Member]
Cumulative Effect on Retained Earnings, Net of Tax	$ 850
Income Tax Expense (Benefit)		$ 210
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount		(1,378)
Accounting Standards Update 2016-09 [Member] | Reclassification from a Decrease in Financing Acticvities Cash Flows to an Increase in Operating Activities Cash Flows [Member] | Quarter Ended March 31, 2016 [Member]
Prior Period Reclassification Adjustment		$ 41

Note 3 - Equity Investment (Det

Note 3 - Equity Investment (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016	Oct. 19, 2016
Assets	$ 697,756	$ 685,279
Mission Providence [Member]
Equity Method Investment, Ownership Percentage	60.00%
Joint Venture, Rights to Cash or Profit Distributions, Percentage	75.00%
Restructuring Costs	$ 1,063
Matrix [Member]
Equity Method Investment, Ownership Percentage			46.80%
Assets	156,355	$ 157,202
Equity Method Investment, Transaction Related Expenses	2,994
Equity Method Investment, Transaction Related Expenses, Incentive Compensation	643
Depreciation, Amortization and Accretion, Net	8,033
Interest Expense	$ 3,607

Note 3 - Equity Investment - Ca

Note 3 - Equity Investment - Carrying Amounts of Assets and Liabilities and Maximum Loss Exposure (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Equity investments	$ 159,360	$ 161,363
Mission Providence [Member]
Equity investments	2,868	4,021
Maximum exposure to loss	3,441	4,021
Mission Providence [Member] | Other Assets [Member]
Notes Receivable, Related Parties	$ 573

Note 3 - Equity Investment - Su

Note 3 - Equity Investment - Summary of Financial Information for Mission Providence (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Current assets	$ 299,872		$ 288,103
Current liabilities	258,523		227,796
Revenue	399,494	$ 382,036
Operating loss	6,788	8,304
Net loss	(4,325)	2,235
Mission Providence [Member]
Current assets	756		4,640
Long-term assets	10,867		10,473
Current liabilities	12,186		12,844
Long-term liabilities			$ 1,655
Revenue	9,388	7,418
Operating loss	(1,150)	(4,428)
Net loss	$ (1,203)	$ (2,974)

Note 3 - Equity Investment - 36

Note 3 - Equity Investment - Summary of Financial Information for Matrix (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Current assets	$ 299,872		$ 288,103
Current liabilities	258,523		227,796
Revenue	399,494	$ 382,036
Operating income	6,788	8,304
Net loss	(4,325)	$ 2,235
Matrix [Member]
Current assets	35,899		28,589
Long-term assets	609,429		614,841
Current liabilities	31,198		25,791
Long-term liabilities	227,953		$ 281,348
Revenue	55,855
Operating income	1,008
Net loss	$ (1,857)

Note 4 - Prepaid Expenses and37

Note 4 - Prepaid Expenses and Other (Details Textual) $ in Millions	3 Months Ended
	Mar. 31, 2017USD ($)
Human Services [Member] | Indemnification Agreement [Member]
Loss Contingency Accrual, Provision	$ 15

Note 4 - Prepaid Expenses and38

Note 4 - Prepaid Expenses and Other - Summary of Prepaid Expenses and Other (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Prepaid income taxes	$ 1,488	$ 1,467
Escrow funds	10,000	10,000
Prepaid insurance	1,583	3,153
Prepaid taxes and licenses	2,760	3,570
Note receivable	3,153	3,130
Prepaid rent	3,075	2,013
Deposits held for leased premises and bonds	2,805	2,609
Other	16,464	11,953
Total prepaid expenses and other	$ 41,328	$ 37,895

Note 5 - Accrued Expenses - Sum

Note 5 - Accrued Expenses - Summary of Accrued Expenses (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Accrued compensation	$ 17,765	$ 23,050
NET Services accrued contract payments	38,039	32,836
Accrued settlement	15,000	6,000
Income taxes payable	1,301	372
Other	39,724	40,123
Total accrued expenses	$ 111,829	$ 102,381

Note 6 - Restructuring and Re40

Note 6 - Restructuring and Related Reorganization Costs (Details Textual) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2017USD ($)	Mar. 31, 2016USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Severance Costs	$ 553	$ 1,171
Restructuring Reserve	3,236	8,240	$ 3,916	$ 8,597
Employee Severance [Member] | WD Services [Member] | Ingeus Acquisition [Member]
Number of Severance Plans			3
Employee Severance [Member] | WD Services [Member] | Ingeus Acquisition [Member] | Accrued Expenses [Member]
Severance Costs	553	$ 1,171
Restructuring Reserve	$ 3,236

Note 6 - Restructuring and Re41

Note 6 - Restructuring and Related Reorganization Costs - Summary of Severance and Related Charges (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Balance	$ 3,916	$ 8,597
Costs Incurred	553	1,171
Cash Payments	(1,272)	(1,276)
Foreign Exchange Rate Adjustments	39	(252)
Balance	3,236	8,240
Ingeus Futures' Program [Member]
Balance	2,486
Costs Incurred	553
Cash Payments	(152)
Foreign Exchange Rate Adjustments	29
Balance	2,916
TR Contract Restructuring [Member]
Balance	1,380	6,538
Costs Incurred		1,065
Cash Payments	(1,120)	(583)
Foreign Exchange Rate Adjustments	9	(190)
Balance	269	6,830
IUK Restructuring [Member]
Balance	50	2,059
Costs Incurred		106
Cash Payments		(693)
Foreign Exchange Rate Adjustments	1	(62)
Balance	$ 51	$ 1,410

Note 7 - Stockholders' Equity -

Note 7 - Stockholders' Equity - Changes In Stockholders' Equity (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Balance	$ 297,675
Stock-based compensation	1,493
Exercise of employee stock options	(199)
Restricted stock issued	(770)
Shares issued for bonus settlement and director stipend	1,107
Stock repurchase plan	(17,983)
Foreign currency translation adjustments, net of tax	1,178
Convertible preferred stock dividends	(1,090)
Noncontrolling interests	374	$ (106)
Other	22
Net loss	(4,325)	$ 2,235
Cumulative effect adjustment from change in accounting principle
Balance	$ 277,482
Common Stock [Member]
Balance (in shares)	17,315,661
Balance	$ 17
Stock-based compensation
Exercise of employee stock options (in shares)	37,273
Exercise of employee stock options
Restricted stock issued (in shares)	28,858
Restricted stock issued
Shares issued for bonus settlement and director stipend (in shares)	24,318
Shares issued for bonus settlement and director stipend
Stock repurchase plan (in shares)
Stock repurchase plan
Foreign currency translation adjustments, net of tax
Convertible preferred stock dividends
Noncontrolling interests
Other
Net loss
Cumulative effect adjustment from change in accounting principle
Balance (in shares)	17,406,110
Balance	$ 17
Additional Paid-in Capital [Member]
Balance	302,010
Stock-based compensation	1,493
Exercise of employee stock options	39
Restricted stock issued
Shares issued for bonus settlement and director stipend	1,107
Stock repurchase plan
Foreign currency translation adjustments, net of tax
Convertible preferred stock dividends
Noncontrolling interests
Other	22
Net loss
Cumulative effect adjustment from change in accounting principle			850
Balance	305,521
Retained Earnings [Member]
Balance	156,718
Stock-based compensation
Exercise of employee stock options
Restricted stock issued
Shares issued for bonus settlement and director stipend
Stock repurchase plan
Foreign currency translation adjustments, net of tax
Convertible preferred stock dividends	(1,090)
Noncontrolling interests
Other
Net loss	(4,325)
Cumulative effect adjustment from change in accounting principle			(850)
Balance	150,453
AOCI Attributable to Parent [Member]
Balance	(33,449)
Stock-based compensation
Exercise of employee stock options
Restricted stock issued
Shares issued for bonus settlement and director stipend
Stock repurchase plan
Foreign currency translation adjustments, net of tax	1,201
Convertible preferred stock dividends
Noncontrolling interests
Other
Net loss
Cumulative effect adjustment from change in accounting principle
Balance	$ (32,248)
Treasury Stock [Member]
Balance (in shares)	3,478,676
Balance	$ (125,201)
Stock-based compensation
Exercise of employee stock options (in shares)	5,665
Exercise of employee stock options	$ (238)
Restricted stock issued (in shares)	17,679
Restricted stock issued	$ (770)
Shares issued for bonus settlement and director stipend (in shares)
Shares issued for bonus settlement and director stipend
Stock repurchase plan (in shares)	441,965
Stock repurchase plan	$ (17,983)
Foreign currency translation adjustments, net of tax
Convertible preferred stock dividends
Noncontrolling interests
Other
Net loss
Cumulative effect adjustment from change in accounting principle
Balance (in shares)	3,943,985
Balance	$ (144,192)
Noncontrolling Interest [Member]
Balance	(2,420)
Stock-based compensation
Exercise of employee stock options
Restricted stock issued
Shares issued for bonus settlement and director stipend
Stock repurchase plan
Foreign currency translation adjustments, net of tax	(23)
Convertible preferred stock dividends
Noncontrolling interests	374
Other
Net loss
Cumulative effect adjustment from change in accounting principle
Balance	$ (2,069)

Note 8 - Stock-based Compensa43

Note 8 - Stock-based Compensation and Similar Arrangements (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Allocated Share-based Compensation Expense	$ 1,493	$ 612
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	313,741
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price	$ 37.78
Stock Equivalent Units Outstanding	6,671
Stock Option Equivalent Units Outstanding	200,000
General and Administrative Expense [Member]
Allocated Share-based Compensation Expense	$ 1,342	477
Service Expense [Member]
Allocated Share-based Compensation Expense	124	114
HoldCo LTI Program [Member] | Scenario, Forecast [Member]
Minimum Common Stock Price For Distribution			$ 56.79
Long Term Incentive Plan 2006 [Member] | Other Long-term Liabilities [Member]
Deferred Compensation Liability, Classified, Noncurrent	2,386			$ 1,841
Performance Shares [Member] | HoldCo LTI Program [Member]
Allocated Share-based Compensation Expense	$ 1,042	621
Period for Weighted Average Price for Common Share	90 days
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	71,373
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value	$ 44.35
Performance Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	19,200
Stock Equivalent Unit Awards and Stock Option Equivalent Units [Member] | Accrued Expenses [Member]
Deferred Compensation Share-based Arrangements, Liability, Current	$ 2,225			$ 1,764
Stock Equivalent Unit Awards and Stock Option Equivalent Units [Member] | General and Administrative Expense [Member]
Allocated Share-based Compensation Expense	667	730
Long Term Incentive Plan 2006 [Member] | Service Expense [Member]
Allocated Cash-based Compensation Expense	$ 590	$ 1,015

Note 8 - Stock-based Compensa44

Note 8 - Stock-based Compensation and Similar Arrangements - Stock-based Compensation Activity (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Stock-based compensation	$ 1,493	$ 612
Service Expense [Member]
Stock-based compensation	124	114
General and Administrative Expense [Member]
Stock-based compensation	1,342	477
Equity in Net Loss of Investee [Member]
Stock-based compensation	27
Discontinued Operations, Net of Tax [Member]
Stock-based compensation		$ 21

Note 9 - Earnings Per Share - C

Note 9 - Earnings Per Share - Computation of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Numerator:
Net loss	$ (4,325)	$ 2,235
Less dividends on convertible preferred stock	(1,090)	(1,099)
Less income allocated to participating securities	(58)	(134)
Net (loss) income available to common stockholders	(5,473)	1,002
Operations	$ (5,473)	$ 1,002
Denominator:
Denominator for basic earnings per share -- weighted-average shares (in shares)	13,704,272	15,057,598
Effect of dilutive securities:
Denominator for diluted earnings per share -- adjusted weighted-average shares assumed conversion (in shares)	13,768,524	15,185,548
Basic (loss) earnings per common share:
Continuing operations (in dollars per share)	$ 0.03	$ 0.02
Discontinued operations (in dollars per share)	(0.43)	0.05
(in dollars per share)	(0.40)	0.07
Diluted (loss) earnings per share:
Continuing operations (in dollars per share)	0.03	0.02
Discontinued operations (in dollars per share)	(0.43)	0.05
(in dollars per share)	$ (0.40)	$ 0.07
Employee Stock Option [Member]
Effect of dilutive securities:
Common stock options (in shares)	58,313	121,009
Performance Restricted Stock Units [Member]
Effect of dilutive securities:
Performance-based restricted stock units (in shares)	5,939	6,941
Continuing Operations [Member]
Numerator:
Net (loss) income available to common stockholders	$ 394	$ 338
Operations	394	338
Discontinued Operations [Member]
Numerator:
Net (loss) income available to common stockholders	(5,867)	664
Operations	$ (5,867)	$ 664

Note 9 - Earnings Per Share - A

Note 9 - Earnings Per Share - Antidilutive Securities Excluded From Computation of Earnings Per Share (Details) - shares	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Employee Stock Option [Member]
Antidilutive securities (in shares)	165,371	33,957
Antidilutive Securities, Convertible Preferred Stock [Member]
Antidilutive securities (in shares)	803,398	803,518

Note 10 - Income Taxes (Details

Note 10 - Income Taxes (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Effective Income Tax Rate Reconciliation, Percent	56.80%	73.40%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	35.00%	35.00%
Income Tax Expense (Benefit)	$ 2,523	$ 3,792
Accounting Standards Update 2016-09 [Member]
Income Tax Expense (Benefit)	$ 210

Note 11 - Commitments and Con48

Note 11 - Commitments and Contingencies (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	3 Months Ended		12 Months Ended
	Sep. 30, 2016	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016	Feb. 05, 2015
Convertible Preferred Stock, Pro Rata Share					$ 65,500
Rights Offering, Right to Purchase Preferred Stock, Price Per Share					$ 100
Other Noncurrent Liabilities [Member]
Deferred Compensation Arrangement with Individual, Recorded Liability		$ 1,694		$ 1,430
Indemnification Agreement [Member] | Human Services [Member]
Loss Contingency Accrual, Provision		15,000
Indemnification Agreement [Member] | Human Services [Member] | Rodriguez v. Providence Community Corrections [Member]
Litigation Settlement, Amount Awarded to Other Party	$ 14,000
Discontinued Operations, Net of Tax [Member] | Indemnification Agreement [Member] | Human Services [Member]
Loss Contingency Accrual, Provision		15,000		6,000
Loss Contingency Accrual, Provision, Pre-tax Charge		9,000
Haverhill Litigation [Member]
Indemnified Legal Expenses		132	$ 106
Indemnified Legal Expense, Related Parties		115	$ 106
Offsetting Receivable		945		$ 1,645
Haverhill Litigation [Member] | General and Administrative Expense [Member]
Legal Expense		$ 11
Coliseum Capital Management, LLC [Member] | Unsecured Subordinated Note Issued to Coliseum [Member]
Debt Instrument, Interest Rate, Stated Percentage					14.00%
Debt Instrument, Face Amount					$ 65,500
Convertible Preferred Stock [Member]
Temporary Equity, Shares Issued		803,398		803,398
Non-Standby Purchasers [Member] | Convertible Preferred Stock [Member]
Temporary Equity, Shares Issued					130,884
The Standby Purchasers [Member] | Convertible Preferred Stock [Member]
Rights Offering, Right to Purchase Preferred Stock, Price Per Share					$ 100
Temporary Equity, Shares Issued					524,116

Note 12 - Transactions With R49

Note 12 - Transactions With Related Parties (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Mission Providence [Member] | Other Assets [Member]
Notes Receivable, Related Parties	$ 573
Preferred Stock Dividends Earned by Related Party [Member] | Coliseum Capital Partners, L.P. [Member]
Related Party Transaction, Amounts of Transaction	$ 1,039	$ 1,047

Note 13 - Discontinued Operat50

Note 13 - Discontinued Operations (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016	Oct. 19, 2016
Matrix [Member]
Equity Method Investment, Ownership Percentage				46.80%
Equity Method Investment, Summarized Financial Information, Pretax Income (Loss)	$ (2,599)
Proceeds from Management Fees Received	185
Disposal Group, Including Discontinued Operation, Interest Expense		$ 3,143
Matrix [Member] | Other Receivables [Member]
Management Fees Receivable	235		$ 185
Human Services [Member]
Disposal Group, Including Discontinued Operations, Settlement Accrual	9,000
Disposal Group, Including Discontinued Operation, Legal Expense	$ 406

Note 13 - Discontinued Operat51

Note 13 - Discontinued Operations - Summary of Operations Classified as Discontinued Operations (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Discontinued operations, net of tax	$ (5,866)	$ 753
Discontinued Operations [Member]
General and administrative expense	9,406	656
Total operating expenses	9,406	46,242
Loss from discontinued operations before income taxes	(9,406)	1,209
Income tax benefit	3,540	(456)
Discontinued operations, net of tax	(5,866)	753
Service revenue, net		50,592
Service expense		37,790
Depreciation and amortization		7,796
Operating income		4,350
Interest expense, net		3,141
Human Services [Member] | Discontinued Operations [Member]
General and administrative expense	9,406
Total operating expenses	9,406
Loss from discontinued operations before income taxes	(9,406)
Income tax benefit	3,540
Discontinued operations, net of tax	(5,866)
Service revenue, net
Service expense
Depreciation and amortization
Operating income
Interest expense, net
HA Services [Member] | Discontinued Operations [Member]
General and administrative expense		656
Total operating expenses		46,242
Loss from discontinued operations before income taxes		1,209
Income tax benefit		(456)
Discontinued operations, net of tax		753
Service revenue, net		50,592
Service expense		37,790
Depreciation and amortization		7,796
Operating income		4,350
Interest expense, net		$ 3,141

Note 13 - Discontinued Operat52

Note 13 - Discontinued Operations - Cash Flow From Discontinued Operating Activities (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Depreciation	$ 4,306	$ 5,521
Amortization	$ 1,963	8,815
HA Services [Member] | Discontinued Operations [Member]
Depreciation		1,248
Amortization		6,548
Purchase of property and equipment		$ 3,317

Note 14 - Segments (Details Tex

Note 14 - Segments (Details Textual) - Continuing Operations [Member] - Geographic Concentration Risk [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Geographic Distribution, Domestic [Member] | Sales Revenue, Services, Net [Member]
Concentration Risk, Percentage	82.00%	77.20%
Geographic Distribution, Foreign [Member]
Net Assets	$ 82,862		$ 76,579
Geographic Distribution, Foreign [Member] | Sales Revenue, Services, Net [Member]
Concentration Risk, Percentage	18.00%	22.80%

Note 14 - Segments - Financial

Note 14 - Segments - Financial Information Attributable to the Company's Business Segments (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Revenue	$ 399,494	$ 382,036
Service expense	369,410	348,676
General and administrative expense	17,027	18,516
Depreciation and amortization	6,269	6,540
Operating loss	6,788	8,304
Equity in net loss of investee	2,060	2,717
Corporate and Eliminations [Member]
Revenue		31
Service expense	15	57
General and administrative expense	7,092	7,808
Depreciation and amortization	78	84
Operating loss	(7,185)	(7,918)
Equity in net loss of investee
NET Services [Member] | Operating Segments [Member]
Revenue	324,034	290,962
Service expense	306,192	266,947
General and administrative expense	2,891	2,837
Depreciation and amortization	3,151	2,877
Operating loss	11,800	18,301
Equity in net loss of investee
WD Services [Member] | Operating Segments [Member]
Revenue	75,460	91,043
Service expense	63,203	81,672
General and administrative expense	7,044	7,871
Depreciation and amortization	3,040	3,579
Operating loss	2,173	(2,079)
Equity in net loss of investee	1,400	2,717
Matrix Investment [Member] | Operating Segments [Member]
Revenue
Service expense
General and administrative expense
Depreciation and amortization
Operating loss
Equity in net loss of investee	$ 660