Robert Half International (RHI) 10-Q 31 Jul 24 2024 Q2 Quarterly report Financial data

Cover Page

Cover Page	6 Months Ended
	Jun. 30, 2024 shares
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2024
Document Transition Report	false
Entity File Number	1-10427
Entity Registrant Name	ROBERT HALF INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	94-1648752
Entity Address, Address Line One	2884 Sand Hill Road
Entity Address, Address Line Two	Suite 200
Entity Address, City or Town	Menlo Park,
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94025
City Area Code	650
Local Phone Number	234-6000
Title of 12(b) Security	Common Stock, par value $0.001 per share
Trading Symbol	RHI
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	104,056,508
Amendment Flag	false
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Entity Central Index Key	0000315213
Current Fiscal Year End Date	--12-31

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (UNAUDITED) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
ASSETS
Cash and cash equivalents	$ 547,370	$ 731,740
Accounts receivable, net	893,467	860,872
Employee deferred compensation trust assets	638,480	571,046
Other current assets	148,023	133,481
Total current assets	2,227,340	2,297,139
Property and equipment, net	113,202	108,809
Right-of-use assets	200,640	209,256
Goodwill	237,640	237,970
Noncurrent deferred income taxes	144,427	140,135
Other noncurrent assets	14,500	17,480
Total assets	2,937,749	3,010,789
LIABILITIES
Accounts payable and accrued expenses	158,980	156,662
Accrued payroll and benefit costs	386,702	413,933
Employee deferred compensation plan obligations	627,990	572,913
Income taxes payable	18,645	11,144
Current operating lease liabilities	70,947	80,459
Total current liabilities	1,263,264	1,235,111
Noncurrent operating lease liabilities	167,974	161,440
Other noncurrent liabilities	26,356	25,887
Total liabilities	1,457,594	1,422,438
Commitments and Contingencies (Note K)
STOCKHOLDERS’ EQUITY
Preferred stock, $0.001 par value; authorized 5,000,000 shares; none issued	0	0
Common stock, $0.001 par value; authorized 260,000,000 shares; issued and outstanding 104,055,679 shares and 105,208,817 shares	104	105
Additional paid-in capital	1,387,110	1,354,703
Accumulated other comprehensive loss	(50,591)	(32,626)
Retained earnings	143,532	266,169
Total stockholders’ equity	1,480,155	1,588,351
Total liabilities and stockholders’ equity	$ 2,937,749	$ 3,010,789

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (UNAUDITED) (Parenthetical) - $ / shares	Jun. 30, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Preferred stock, par value (in usd per share)	$ 0.001	$ 0.001
Preferred stock, authorized (in shares)	5,000,000	5,000,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in usd per share)	$ 0.001	$ 0.001
Common stock, authorized (in shares)	260,000,000	260,000,000
Common stock, issued (in shares)	104,055,679	105,208,817
Common stock, outstanding (in shares)	104,055,679	105,208,817

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Income Statement [Abstract]
Service revenues	$ 1,472,524	$ 1,639,478	$ 2,948,461	$ 3,355,813
Costs of services	895,845	979,309	1,808,985	2,005,912
Gross margin	576,679	660,169	1,139,476	1,349,901
Selling, general and administrative expenses	500,832	541,904	1,022,427	1,094,133
Income from investments held in employee deferred compensation trusts (which is completely offset by related costs and expenses - Note A)	(15,733)	(28,347)	(59,109)	(55,638)
Amortization of intangible assets	304	721	608	1,442
Interest income, net	(5,186)	(5,320)	(11,599)	(10,145)
Income before income taxes	96,462	151,211	187,149	320,109
Provision for income taxes	28,306	44,919	55,292	91,812
Net income	$ 68,156	$ 106,292	$ 131,857	$ 228,297
Net income per share:
Basic (in usd per share)	$ 0.66	$ 1	$ 1.27	$ 2.15
Diluted (in usd per share)	$ 0.66	$ 1	$ 1.27	$ 2.14
Weighted average shares:
Basic (in shares)	103,151	106,102	103,469	106,260
Diluted (in shares)	103,328	106,422	103,864	106,775
Dividends declared per share (in usd per share)	$ 0.53	$ 0.48	$ 1.06	$ 0.96

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
COMPREHENSIVE INCOME (LOSS):
Net income	$ 68,156	$ 106,292	$ 131,857	$ 228,297
Other comprehensive income (loss):
Foreign currency translation adjustments, net of tax	(6,628)	2,114	(18,050)	6,966
Foreign defined benefit plan adjustments, net of tax	42	34	85	68
Total other comprehensive income (loss)	(6,586)	2,148	(17,965)	7,034
Total comprehensive income (loss)	$ 61,570	$ 108,440	$ 113,892	$ 235,331

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (UNAUDITED) - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Loss	Retained Earnings
Balance at beginning of period (in shares) at Dec. 31, 2022		107,698,000
Balance at beginning of period at Dec. 31, 2022	$ 1,568,558	$ 108	$ 1,293,565	$ (43,623)	$ 318,508
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	122,005				122,005
Other comprehensive income (loss)	4,886			4,886
Dividends declared	(52,529)				(52,529)
Net issuances of restricted stock (in shares)		831,000
Net issuances of restricted stock	0	$ 1	(1)
Stock-based compensation	15,434		15,434
Repurchases of common stock (in shares)		(766,000)
Repurchases of common stock	(59,873)	$ (1)			(59,872)
Balance at ending of period (in shares) at Mar. 31, 2023		107,763,000
Balance at end of period at Mar. 31, 2023	1,598,481	$ 108	1,308,998	(38,737)	328,112
Balance at beginning of period (in shares) at Dec. 31, 2022		107,698,000
Balance at beginning of period at Dec. 31, 2022	1,568,558	$ 108	1,293,565	(43,623)	318,508
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	228,297
Other comprehensive income (loss)	7,034
Balance at ending of period (in shares) at Jun. 30, 2023		107,132,000
Balance at end of period at Jun. 30, 2023	1,625,271	$ 107	1,324,451	(36,589)	337,302
Balance at beginning of period (in shares) at Mar. 31, 2023		107,763,000
Balance at beginning of period at Mar. 31, 2023	1,598,481	$ 108	1,308,998	(38,737)	328,112
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	106,292				106,292
Other comprehensive income (loss)	2,148			2,148
Dividends declared	(51,565)				(51,565)
Net issuances of restricted stock (in shares)		23,000
Stock-based compensation	15,453		15,453
Repurchases of common stock (in shares)		(654,000)
Repurchases of common stock	(45,538)	$ (1)			(45,537)
Balance at ending of period (in shares) at Jun. 30, 2023		107,132,000
Balance at end of period at Jun. 30, 2023	$ 1,625,271	$ 107	1,324,451	(36,589)	337,302
Balance at beginning of period (in shares) at Dec. 31, 2023	105,208,817	105,209,000
Balance at beginning of period at Dec. 31, 2023	$ 1,588,351	$ 105	1,354,703	(32,626)	266,169
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	63,701				63,701
Other comprehensive income (loss)	(11,379)			(11,379)
Dividends declared	(56,382)				(56,382)
Net issuances of restricted stock (in shares)		751,000
Net issuances of restricted stock	0	$ 1	(1)
Stock-based compensation	16,777		16,777
Repurchases of common stock (in shares)		(1,028,000)
Repurchases of common stock	(81,823)	$ (1)			(81,822)
Balance at ending of period (in shares) at Mar. 31, 2024		104,932,000
Balance at end of period at Mar. 31, 2024	$ 1,519,245	$ 105	1,371,479	(44,005)	191,666
Balance at beginning of period (in shares) at Dec. 31, 2023	105,208,817	105,209,000
Balance at beginning of period at Dec. 31, 2023	$ 1,588,351	$ 105	1,354,703	(32,626)	266,169
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	131,857
Other comprehensive income (loss)	$ (17,965)
Balance at ending of period (in shares) at Jun. 30, 2024	104,055,679	104,056,000
Balance at end of period at Jun. 30, 2024	$ 1,480,155	$ 104	1,387,110	(50,591)	143,532
Balance at beginning of period (in shares) at Mar. 31, 2024		104,932,000
Balance at beginning of period at Mar. 31, 2024	1,519,245	$ 105	1,371,479	(44,005)	191,666
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	68,156				68,156
Other comprehensive income (loss)	(6,586)			(6,586)
Dividends declared	(55,407)				(55,407)
Net issuances of restricted stock (in shares)		27,000
Stock-based compensation	15,631		15,631
Repurchases of common stock (in shares)		(903,000)
Repurchases of common stock	$ (60,884)	$ (1)			(60,883)
Balance at ending of period (in shares) at Jun. 30, 2024	104,055,679	104,056,000
Balance at end of period at Jun. 30, 2024	$ 1,480,155	$ 104	$ 1,387,110	$ (50,591)	$ 143,532

CONDENSED CONSOLIDATED STATEM_6

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (UNAUDITED) (Parenthetical) - $ / shares	3 Months Ended
	Jun. 30, 2024	Mar. 31, 2024	Jun. 30, 2023	Mar. 31, 2023
Statement of Stockholders' Equity [Abstract]
Dividends declared per share (in usd per share)	$ 0.53	$ 0.53	$ 0.48	$ 0.48

CONDENSED CONSOLIDATED STATEM_7

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 131,857	$ 228,297
Adjustments to reconcile net income to net cash provided by operating activities:
Allowance for credit losses	565	3,529
Depreciation	25,520	25,229
Amortization of cloud computing implementation costs	18,586	16,351
Amortization of intangible assets	608	1,442
Realized and unrealized gains from investments held in employee deferred compensation trusts	(54,411)	(51,843)
Stock-based compensation	32,408	30,887
Deferred income taxes	(4,227)	(3,583)
Changes in operating assets and liabilities, net of effects of acquisitions:
Accounts receivable	(42,521)	45,943
Capitalized cloud computing implementation costs	(15,557)	(20,184)
Accounts payable and accrued expenses	7,276	(21,882)
Accrued payroll and benefit costs	(22,558)	(26,539)
Employee deferred compensation plan obligations	55,077	56,418
Income taxes payable	1,834	67,672
Other assets and liabilities, net	(8,422)	(5,134)
Net cash flows provided by operating activities	126,035	346,603
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(24,174)	(19,093)
Investments in employee deferred compensation trusts	(42,718)	(81,714)
Proceeds from employee deferred compensation trust redemptions	29,695	24,053
Payments for acquisition	(264)	(1,035)
Net cash flows used in investing activities	(37,461)	(77,789)
CASH FLOWS FROM FINANCING ACTIVITIES:
Repurchases of common stock	(146,191)	(104,664)
Dividends paid	(112,248)	(104,680)
Net cash flows used in financing activities	(258,439)	(209,344)
Effect of exchange rate fluctuations	(14,505)	4,667
Change in cash and cash equivalents	(184,370)	64,137
Cash and cash equivalents at beginning of period	731,740	658,626
Cash and cash equivalents at end of period	547,370	722,763
Non-cash items:
Repurchases of common stock awaiting settlement	0	3,684
Fund exchanges within employee deferred compensation trusts	47,518	70,608
Contingent consideration related to acquisition	$ 26	$ 350

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Nature of Operations . Robert Half Inc. (the “Company”) is a specialized talent solutions and business consulting firm, connecting highly skilled job seekers with rewarding opportunities at great companies. Robert Half ® offers contract talent solutions and permanent placement talent solutions for finance and accounting, technology, marketing and creative, legal, administrative and customer support, and provides executive search services. Robert Half is also the parent company of Protiviti ® , a global consulting firm that delivers internal audit, risk, business, and technology consulting solutions. The Company operates in North America, South America, Europe, Asia and Australia. The Company is a Delaware corporation. Basis of Presentation. The unaudited Condensed Consolidated Financial Statements (“Financial Statements”) of the Company are prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”) and the rules of the Securities and Exchange Commission (“SEC”). The comparative year-end Condensed Consolidated Statement of Financial Position data presented was derived from audited financial statements. In the opinion of management, all adjustments (consisting of only normal recurring adjustments) necessary for a fair statement of the financial position and results of operations for the periods presented have been included. These Financial Statements should be read in conjunction with the audited Consolidated Financial Statements of the Company for the year ended December 31, 2023, included in its Annual Report on Form 10-K. The results of operations for any interim period are not necessarily indicative of, nor comparable to, the results of operations for a full year. Principles of Consolidation. The Financial Statements include the accounts of the Company and its subsidiaries, all of which are wholly-owned. All intercompany balances and transactions have been eliminated in consolidation. Use of Estimates. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. As of June 30, 2024, such estimates include allowances for credit losses, variable consideration, workers’ compensation losses, accrued medical expenses, income and other taxes, and assumptions used in the Company’s goodwill impairment assessment and in the valuation of stock grants subject to market conditions. Actual results and outcomes may differ from management’s estimates and assumptions. Service Revenues. The Company derives its revenues from three segments: contract talent solutions, permanent placement talent solutions, and Protiviti. Revenues are recognized when promised goods or services are delivered to customers in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. See Note C for further discussion of the revenue recognition accounting policy. Costs of Services. Direct costs of contract talent solutions consist of payroll, payroll taxes, and benefit costs for the Company’s engagement professionals, as well as reimbursable expenses. Direct costs of permanent placement talent solutions consist of reimbursable expenses. Protiviti direct costs of services include professional staff payroll, payroll taxes and benefit costs, as well as reimbursable expenses. Advertising Costs. The Company expenses all advertising costs as incurred. Advertising costs were $14.6 million and $27.9 million for the three and six months ended June 30, 2024, respectively, and $14.6 million and $27.9 million for the three and six months ended June 30, 2023, respectively. Income from Investments Held in Employee Deferred Compensation Trusts . Under the Company’s employee deferred compensation plans, employees direct the investment of their account balances, and the Company invests amounts held in the associated investment trusts consistent with these directions. As realized and unrealized investment gains and losses occur, the Company’s employee deferred compensation plan obligations change and adjustments are recorded in selling, general and administrative expenses or, in the case of Protiviti, costs of services. The value of the related investment trust assets also changes by an equal and offsetting amount, leaving no net cost to the Company. The Company’s income from investments held in employee deferred compensation trusts consists of unrealized and realized gains and losses, and dividend income from trust investments and is presented separately on the unaudited Condensed Consolidated Statements of Operations. The following table presents the Company’s income from investments held in employee deferred compensation trusts (in thousands): Three Months Ended Six Months Ended 2024 2023 2024 2023 Dividend income $ (2,627) $ (2,232) $ (4,698) $ (3,795) Realized and unrealized gains (13,106) (26,115) (54,411) (51,843) Income from investments held in employee deferred compensation trusts (which is completely offset by related costs and expenses) $ (15,733) $ (28,347) $ (59,109) $ (55,638) The following table presents the Company’s increase in employee deferred compensation costs and expense related to changes in the fair value of trust assets for its nonqualified employee deferred compensation plans (in thousands): Three Months Ended Six Months Ended 2024 2023 2024 2023 Increase in employee deferred compensation costs and expense related to changes in the fair value of trust assets $ 15,733 $ 28,347 $ 59,109 $ 55,638 Comprehensive Income (Loss). Comprehensive income (loss) includes net income and certain other items that are recorded directly to stockholders’ equity. The Company’s only sources of other comprehensive income (loss) are foreign currency translation and foreign defined benefit plan adjustments. Fair Value of Financial Instruments. Assets and liabilities recorded at fair value are measured and classified in accordance with a three-tier fair value hierarchy based on the observability of the inputs available in the market to measure fair value, summarized as follows: Level 1: observable inputs for identical assets or liabilities, such as quoted prices in active markets Level 2: inputs other than the quoted prices in active markets that are observable either directly or indirectly Level 3: unobservable inputs in which there is little or no market data, which requires management’s best estimates and assumptions that market participants would use in pricing the asset or liability The carrying value of cash, net accounts receivable, and accounts payable and accrued expenses approximates fair value because of their short-term nature. The Company holds mutual funds and money market funds to satisfy its obligations under its employee deferred compensation plans which are carried at fair value based on quoted market prices in active markets for identical assets (level 1). The following tables summarize the Company’s financial instruments by significant category and fair value measurement on a recurring basis (in thousands): Fair Value Measurements Using Balance at June 30, 2024 Quoted Prices Significant Other Observable Inputs Significant Unobservable Inputs Cash equivalents Money market funds $ 291,587 $ 291,587 — — Employee deferred compensation trust assets Money market funds $ 127,042 $ 127,042 — — Mutual funds - bond 37,498 37,498 — — Mutual funds - stock 370,585 370,585 — — Mutual funds - blend 103,355 103,355 — — Total employee deferred compensation trust assets $ 638,480 $ 638,480 — — Fair Value Measurements Using Balance at December 31, 2023 Quoted Prices Significant Other Observable Inputs Significant Unobservable Inputs Cash equivalents Money market funds $ 351,230 $ 351,230 — — Employee deferred compensation trust assets Money market funds $ 124,710 $ 124,710 — — Mutual funds - bond 35,373 35,373 — — Mutual funds - stock 316,764 316,764 — — Mutual funds - blend 94,199 94,199 — — Total employee deferred compensation trust assets $ 571,046 $ 571,046 — — Certain items, such as goodwill and other intangible assets, are recognized or disclosed at fair value on a non-recurring basis. The Company determines the fair value of these items using level 3 inputs. There are inherent limitations when estimating the fair value of financial instruments, and the fair values reported are not necessarily indicative of the amounts that would be realized in current market transactions. Allowance for Credit Losses. The Company is exposed to credit losses resulting from the inability of its customers to make required payments. The Company establishes an allowance for these potential credit losses based on its review of customers’ credit profiles, historical loss statistics, prepayments, recoveries, age of customer receivable balances, current business conditions and macroeconomic trends. The Company considers risk characteristics of trade receivables based on asset type and geographical locations to evaluate trade receivables on a collective basis. The Company applies credit loss estimates to these pooled receivables to determine expected credit losses. The following table sets forth the activity in the allowance for credit losses from December 31, 2023, through June 30, 2024 (in thousands): Allowance for Credit Losses Balance as of December 31, 2023 $ 25,189 Charges to expense 565 Deductions (3,419) Other, including foreign currency translation adjustments (280) Balance as of June 30, 2024 $ 22,055

New Accounting Pronouncements

New Accounting Pronouncements	6 Months Ended
	Jun. 30, 2024
Accounting Changes and Error Corrections [Abstract]
New Accounting Pronouncements	New Accounting Pronouncements Recently Adopted Accounting Pronouncements None. Recently Issued Accounting Pronouncements Not Yet Adopted Segment Reporting. In December 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. The amendments in the ASU are intended to improve reportable segment disclosure requirements primarily through enhanced disclosures about significant segment expenses. This ASU is effective for public filers for fiscal periods beginning after December 15, 2023, and interim periods beginning after December 15, 2024, however early adoption is permitted. The Company is currently evaluating the impact of the new guidance on its consolidated financial statements and related disclosures. Income Tax Disclosures . In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. Under this ASU, public filers must disclose annually (1) specific categories in the rate reconciliation, and (2) provide additional information for reconciling items that meet a quantitative threshold, if the effect of those reconciling items is equal to or greater than 5 percent of the amount computed by multiplying pretax income by the applicable statutory income tax rate. The new guidance is effective for public filers for annual periods beginning after December 15, 2024. Early adoption is permitted. The Company is currently evaluating the impact of the new guidance on its consolidated financial statements and related disclosures.

Revenue Recognition

Revenue Recognition	6 Months Ended
	Jun. 30, 2024
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition The Company derives its revenues from three segments: contract talent solutions, permanent placement talent solutions, and Protiviti. Revenues are recognized when promised goods or services are delivered to customers in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. Service revenues, as presented on the unaudited Condensed Consolidated Statements of Operations, represent services rendered to customers less variable consideration, such as sales adjustments and allowances. Reimbursements, including those related to travel and out-of-pocket expenses, are also included in service revenues, and equivalent amounts of reimbursable expenses are included in costs of services. Contract talent solutions revenues. Contract talent solutions revenues from contracts with customers are recognized in the amount to which the Company has a right to invoice when the services are rendered by the Company’s engagement professionals. The substantial majority of engagement professionals placed on assignment by the Company are the Company’s legal employees while they are working on assignments. The Company pays all related costs of employment, including workers’ compensation insurance, state and federal unemployment taxes, social security, and certain fringe benefits. The Company assumes the risk of acceptability of its employees to its customers. The Company records contract talent solutions revenue on a gross basis as a principal versus on a net basis as an agent in the presentation of revenues and expenses. The Company has concluded that gross reporting is appropriate because the Company (i) has the risk of identifying and hiring qualified employees, (ii) has the discretion to select the employees and establish their price and duties, and (iii) bears the risk for services that are not fully paid for by customers. Fees paid to time management or vendor management service providers selected by clients are recorded as a reduction of revenues, as the Company is not the primary obligor with respect to those services. Permanent placement talent solutions revenues. Permanent placement talent solutions revenues from contracts with customers are primarily recognized when employment candidates accept offers of permanent employment. The Company has a substantial history of estimating the financial impact of permanent placement candidates who do not remain with its clients through the 90-day guarantee period. These amounts are established based primarily on historical data and are recorded as liabilities. Fees to clients are generally calculated as a percentage of the new employee’s annual compensation. No fees for permanent placement talent solutions services are charged to employment candidates. Protiviti revenues. Protiviti’s consulting services are generally provided on a time-and-material basis or fixed-fee basis. Revenues earned under time-and-material arrangements and fixed-fee arrangements are recognized using a proportional performance method. Revenue is measured using cost incurred relative to total estimated cost for the engagement to measure progress towards satisfying the Company’s performance obligations. Cost incurred represents work performed and thereby best depicts the transfer of control to the customer. Protiviti’s consulting services generally contain one or more performance obligation(s) which are satisfied over a period of time. Revenues are recognized over time as the performance obligations are satisfied, because the services provided do not have any alternative use to the Company, and contracts generally include language giving the Company an enforceable right to payment for services provided to date. The Company periodically evaluates the need to provide for any losses on these projects, and losses are recognized when it is probable that a loss will be incurred. The following table presents the Company’s revenues disaggregated by functional specialization and segment (in thousands): Three Months Ended Six Months Ended 2024 2023 2024 2023 Contract talent solutions Finance and accounting $ 623,120 $ 721,391 $ 1,265,090 $ 1,499,224 Administrative and customer support 190,344 211,023 390,276 430,373 Technology 157,899 181,776 315,869 375,858 Elimination of intersegment revenues (a) (116,466) (114,807) (229,280) (240,598) Total contract talent solutions 854,897 999,383 1,741,955 2,064,857 Permanent placement talent solutions 131,063 149,254 255,830 305,991 Protiviti 486,564 490,841 950,676 984,965 Total service revenues $ 1,472,524 $ 1,639,478 $ 2,948,461 $ 3,355,813 (a) Service revenues for finance and accounting, administrative and customer support, and technology include intersegment revenues, which represent revenues from services provided to the Company’s Protiviti segment in connection with the Company’s blended business solutions. Intersegment revenues for each functional specialization are aggregated and then eliminated as a single line. Payment terms in the Company’s contracts vary by the type and location of the Company’s customer and the services offered. The term between invoicing and when payment is due is not significant. Contracts with multiple performance obligations are recognized as performance obligations are delivered, and contract value is allocated based on relative stand-alone selling values of the services and products in the arrangement. As of June 30, 2024, aggregate transaction price allocated to the performance obligations that were unsatisfied for contracts with an expected duration of greater than one year was $182.9 million. Of this amount, $156.5 million is expected to be recognized within the next twelve months. As of June 30, 2023, aggregate transaction price allocated to the performance obligations that were unsatisfied for contracts with an expected duration of greater than one year was $160.3 million. Contract liabilities are recorded when cash payments are received or due in advance of performance and are reflected in accounts payable and accrued expenses on the unaudited Condensed Consolidated Statements of Financial Position. The following table sets forth the activity in contract liabilities from December 31, 2023, through June 30, 2024 (in thousands): Contract Liabilities Balance as of December 31, 2023 $ 24,574 Payments in advance of satisfaction of performance obligations 18,159 Revenue recognized (27,374) Other, including translation adjustments (316) Balance as of June 30, 2024 $ 15,043

Other Current Assets

Other Current Assets	6 Months Ended
	Jun. 30, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Current Assets	Other Current Assets Other current assets consisted of the following (in thousands): June 30, December 31, Prepaid expenses $ 72,857 $ 67,999 Unamortized cloud computing implementation costs 30,222 31,049 Other 44,944 34,433 Other current assets $ 148,023 $ 133,481

Property and Equipment, Net

Property and Equipment, Net	6 Months Ended
	Jun. 30, 2024
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	Property and Equipment, Net Property and equipment consisted of the following (in thousands): June 30, December 31, Computer hardware $ 148,682 $ 150,165 Computer software 224,775 220,004 Furniture and equipment 99,766 99,547 Leasehold improvements 200,032 187,806 Property and equipment, cost 673,255 657,522 Accumulated depreciation (560,053) (548,713) Property and equipment, net $ 113,202 $ 108,809

Other Noncurrent Assets

Other Noncurrent Assets	6 Months Ended
	Jun. 30, 2024
Other Assets [Abstract]
Other Noncurrent Assets	Other Noncurrent Assets Other noncurrent assets consisted of the following (in thousands): June 30, December 31, Unamortized cloud computing implementation costs $ 12,675 $ 15,047 Other intangible assets, net 1,825 2,433 Other noncurrent assets $ 14,500 $ 17,480

Leases

Leases	6 Months Ended
	Jun. 30, 2024
Leases [Abstract]
Leases	Leases The Company has operating leases for corporate and field offices, and certain equipment. The Company’s leases have remaining lease terms of less than 1 year to 11 years, some of which include options to extend the leases for up to 7 years, and some of which include options to terminate the leases within 1 year. Operating lease expense was $21.2 million and $42.4 million for the three and six months ended June 30, 2024, respectively, and $22.5 million and $44.9 million for the three and six months ended June 30, 2023, respectively. Supplemental cash flow information related to leases consisted of the following (in thousands): Six Months Ended 2024 2023 Cash paid for operating lease liabilities $ 45,284 $ 48,145 Right-of-use assets obtained in exchange for new operating lease liabilities $ 40,668 $ 25,914 Supplemental balance sheet information related to leases consisted of the following: June 30, December 31, Weighted average remaining lease term for operating leases 4.4 years 4.3 years Weighted average discount rate for operating leases 3.6 % 3.2 % Future minimum lease payments under non-cancellable leases as of June 30, 2024, were as follows (in thousands): 2024 (excluding the six months ended June 30, 2024) $ 44,736 2025 65,792 2026 52,964 2027 34,753 2028 22,386 Thereafter 42,915 Less: Imputed interest (24,625) Present value of operating lease liabilities (a) $ 238,921 (a) Includes the current portion of $70.9 million for operating leases. As of June 30, 2024, the Company had additional future minimum lease obligations totaling $11.7 million under executed operating lease contracts that had not yet commenced. These operating leases include agreements for corporate and field office facilities with lease terms of 1 to 11 years.

Goodwill

Goodwill	6 Months Ended
	Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	Goodwill The following table sets forth the activity in goodwill from December 31, 2023 through June 30, 2024 (in thousands): Goodwill Contract talent solutions Permanent placement talent solutions Protiviti Total Balance as of December 31, 2023 $ 134,287 $ 26,131 $ 77,552 $ 237,970 Foreign currency translation adjustments (152) (29) (149) (330) Balance as of June 30, 2024 $ 134,135 $ 26,102 $ 77,403 $ 237,640 The Company completed its annual assessment of the recoverability of goodwill during the three months ended June 30, 2024, and determined there were no events or circumstances that would more likely than not reduce the fair value of the Company’s reporting units below their carrying value.

Accrued Payroll and Benefit Cos

Accrued Payroll and Benefit Costs	6 Months Ended
	Jun. 30, 2024
Payables and Accruals [Abstract]
Accrued Payroll and Benefit Costs	Accrued Payroll and Benefit Costs Accrued payroll and benefit costs consisted of the following (in thousands): June 30, December 31, Payroll and benefits $ 352,117 $ 367,830 Payroll taxes 19,885 31,439 Workers’ compensation 14,700 14,664 Accrued payroll and benefit costs $ 386,702 $ 413,933

Employee Deferred Compensation

Employee Deferred Compensation Plan Obligations	6 Months Ended
	Jun. 30, 2024
Deferred Compensation Plans [Abstract]
Employee Deferred Compensation Plan Obligations	Employee Deferred Compensation Plan Obligations The Company provides various qualified defined contribution 401(k) plans covering eligible employees. The plans offer a savings feature with the Company matching employee contributions. Assets of this plan are held by an independent trustee for the sole benefit of participating employees. Nonqualified plans are provided for employees on a discretionary basis, including those not eligible for the qualified plans. These plans include provisions for salary deferrals and discretionary contributions. The asset value of the nonqualified plans was $638.5 million and $571.0 million as of June 30, 2024 and December 31, 2023, respectively. The Company holds these assets to satisfy the Company’s liabilities under its deferred compensation plans. The liability value for the nonqualified plans was $628.0 million and $572.9 million as of June 30, 2024 and December 31, 2023, respectively. Contribution expenses for the Company’s qualified and nonqualified defined contribution plans were $11.4 million and $24.8 million for the three and six months ended June 30, 2024, respectively, and $11.5 million and $22.8 million for the three and six months ended June 30, 2023, respectively. The Company has statutory defined contribution plans and defined benefit plans outside the United States of America, which are not material.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies On March 23, 2015, Plaintiff Jessica Gentry, on her own behalf and on behalf of a putative class of allegedly similarly situated individuals, filed a complaint against the Company in the Superior Court of California, San Francisco County, which was subsequently amended on October 23, 2015. The complaint alleges that a putative class of current and former employees of the Company working in California since March 13, 2010, were denied compensation for the time they spent interviewing “for temporary and permanent employment opportunities” as well as performing activities related to the interview process. Gentry seeks recovery on her own behalf and on behalf of the putative class in an unspecified amount for this allegedly unpaid compensation. Gentry also seeks recovery of an unspecified amount for the alleged failure of the Company to provide her and the putative class with accurate wage statements. Gentry also seeks an unspecified amount of other damages, attorneys’ fees, and statutory penalties, including penalties for allegedly not paying all wages due upon separation to former employees and statutory penalties on behalf of herself and other allegedly “aggrieved employees” as defined by California’s Labor Code Private Attorneys General Act (“PAGA”). On January 4, 2016, the Court denied a motion by the Company to compel all of Gentry’s claims, except the PAGA claim, to individual arbitration. On March 8, 2024, the Court issued an order certifying: (1) a class of California-based temporary employees who attended at least one uncompensated interview with a third-party client at any time since March 13, 2010; (2) a subclass of class members who held a prior temporary job assignment before interviewing for a subsequent assignment; and (3) a subclass of class members who are no longer employed by the Company (i.e., a “waiting time penalties” subclass). At this stage of the litigation, it is not feasible to predict the outcome of or a range of loss, should a loss occur, from this proceeding and, accordingly, no amounts have been provided in the Company’s Financial Statements. The Company believes it has meritorious defenses to the allegations and the Company intends to continue to vigorously defend against the litigation. On April 6, 2018, Plaintiff Shari Dorff, on her own behalf and on behalf of a putative class of allegedly similarly situated individuals, filed a complaint against the Company in the Superior Court of California, County of Los Angeles. In addition to certain claims individual to Plaintiff Dorff, the complaint alleges that salaried recruiters based in California have been misclassified as exempt employees and seeks an unspecified amount for: unpaid wages resulting from such alleged misclassification; alleged failure to provide a reasonable opportunity to take meal periods and rest breaks; alleged failure to pay wages on a timely basis both during employment and upon separation; alleged failure to comply with California requirements regarding wage statements and record-keeping; and alleged improper denial of expense reimbursement. Plaintiff Dorff also seeks an unspecified amount of other damages, attorneys’ fees, and penalties, including but not limited to statutory penalties on behalf of herself and other allegedly “aggrieved employees” as defined by PAGA. At this stage of the litigation, it is not feasible to predict the outcome of or a range of loss, should a loss occur, from this proceeding and, accordingly, no amounts have been provided in the Company’s Financial Statements. The Company believes it has meritorious defenses to the allegations and the Company intends to continue to vigorously defend against the litigation. The Company is involved in a number of other lawsuits arising in the ordinary course of business. While management does not expect any of these other matters to have a material adverse effect on the Company’s results of operations, financial position or cash flows, litigation is subject to certain inherent uncertainties. Legal costs associated with the resolution of claims, lawsuits and other contingencies are expensed as incurred.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2024
Equity [Abstract]
Stockholders' Equity	Stockholders’ Equity Stock Repurchase Program. As of June 30, 2024, the Company is authorized to repurchase, from time to time, up to 9.1 million additional shares of the Company’s common stock on the open market or in privately negotiated transactions, depending on market conditions. The number and the cost of common stock shares repurchased during the six months ended June 30, 2024 and 2023, are reflected in the following table (in thousands): Six Months Ended 2024 2023 Common stock repurchased (in shares) 1,660 1,137 Common stock repurchased $ 121,272 $ 83,678 Additional stock repurchases were made in connection with employee stock plans, whereby Company shares were tendered by employees for the payment of applicable statutory withholding taxes. The number and the cost of employee stock plan repurchases made during the six months ended June 30, 2024 and 2023, are reflected in the following table (in thousands): Six Months Ended 2024 2023 Repurchases related to employee stock plans (in shares) 271 283 Repurchases related to employee stock plans $ 21,435 $ 21,733 The repurchased shares are held in treasury and are presented as if constructively retired. Treasury stock is accounted for using the cost method. Treasury stock activity for the six months ended June 30, 2024 and 2023, (consisting of purchases of shares for the treasury) is presented in the unaudited Condensed Consolidated Statements of Stockholders’ Equity.

Net Income Per Share

Net Income Per Share	6 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
Net Income Per Share	Net Income Per Share The calculation of net income per share for the three and six months ended June 30, 2024 and 2023, is reflected in the following table (in thousands, except per share amounts): Three Months Ended Six Months Ended 2024 2023 2024 2023 Net income $ 68,156 $ 106,292 $ 131,857 $ 228,297 Basic: Weighted average shares 103,151 106,102 103,469 106,260 Diluted: Weighted average shares 103,151 106,102 103,469 106,260 Dilutive effect of potential common shares 177 320 395 515 Diluted weighted average shares 103,328 106,422 103,864 106,775 Net income per share: Basic $ 0.66 $ 1.00 $ 1.27 $ 2.15 Diluted $ 0.66 $ 1.00 $ 1.27 $ 2.14

Business Segments

Business Segments	6 Months Ended
	Jun. 30, 2024
Segment Reporting [Abstract]
Business Segments	Business Segments The Company has three reportable segments: contract talent solutions, permanent placement talent solutions, and Protiviti. Operating segments are defined as components of the Company for which separate financial information is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and assess performance. The contract talent solutions and permanent placement talent solutions segments provide specialized engagement professionals and full-time personnel, respectively, for finance and accounting, technology, marketing and creative, legal, administrative and customer support, and executive searches. The Protiviti segment provides internal audit, risk, business, and technology consulting solutions. The accounting policies of the segments are set forth in Note A—“Summary of Significant Accounting Policies” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. The Company evaluates performance based on income before intangible assets amortization expense, net interest income, and income taxes. The following table provides a reconciliation of service revenues and segment income by reportable segment to consolidated results for the three and six months ended June 30, 2024 and 2023 (in thousands): Three Months Ended Six Months Ended 2024 2023 2024 2023 Service revenues Contract talent solutions $ 854,897 $ 999,383 $ 1,741,955 $ 2,064,857 Permanent placement talent solutions 131,063 149,254 255,830 305,991 Protiviti 486,564 490,841 950,676 984,965 $ 1,472,524 $ 1,639,478 $ 2,948,461 $ 3,355,813 Segment income Contract talent solutions $ 38,146 $ 81,316 $ 88,264 $ 183,462 Permanent placement talent solutions 16,148 21,730 28,003 45,557 Protiviti 37,286 43,566 59,891 82,387 Combined segment income 91,580 146,612 176,158 311,406 Amortization of intangible assets 304 721 608 1,442 Interest income, net (5,186) (5,320) (11,599) (10,145) Income before income taxes $ 96,462 $ 151,211 $ 187,149 $ 320,109 Service revenues presented above are shown net of eliminations of intersegment revenues. Intersegment revenues between contract talent solutions segment and Protiviti segment were $116.5 million and $229.3 million for the three and six months ended June 30, 2024, respectively, and $114.8 million and $240.6 million for the three and six months ended June 30, 2023, respectively.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2024
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On July 30, 2024, the Company announced the following: Quarterly dividend per share $0.53 Declaration date July 30, 2024 Record date August 23, 2024 Payment date September 13, 2024

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Nature of Operations	Nature of Operations . Robert Half Inc. (the “Company”) is a specialized talent solutions and business consulting firm, connecting highly skilled job seekers with rewarding opportunities at great companies. Robert Half ® offers contract talent solutions and permanent placement talent solutions for finance and accounting, technology, marketing and creative, legal, administrative and customer support, and provides executive search services. Robert Half is also the parent company of Protiviti ® , a global consulting firm that delivers internal audit, risk, business, and technology consulting solutions. The Company operates in North America, South America, Europe, Asia and Australia. The Company is a Delaware corporation.
Basis of Presentation	Basis of Presentation. The unaudited Condensed Consolidated Financial Statements (“Financial Statements”) of the Company are prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”) and the rules of the Securities and Exchange Commission (“SEC”). The comparative year-end Condensed Consolidated Statement of Financial Position data presented was derived from audited financial statements. In the opinion of management, all adjustments (consisting of only normal recurring adjustments) necessary for a fair statement of the financial position and results of operations for the periods presented have been included. These Financial Statements should be read in conjunction with the audited Consolidated Financial Statements of the Company for the year ended December 31, 2023, included in its Annual Report on Form 10-K. The results of operations for any interim period are not necessarily indicative of, nor comparable to, the results of operations for a full year.
Principles of Consolidation	Principles of Consolidation. The Financial Statements include the accounts of the Company and its subsidiaries, all of which are wholly-owned. All intercompany balances and transactions have been eliminated in consolidation.
Use of Estimates	Use of Estimates.
Service Revenues and Costs of Services	Service Revenues. The Company derives its revenues from three segments: contract talent solutions, permanent placement talent solutions, and Protiviti. Revenues are recognized when promised goods or services are delivered to customers in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. See Note C for further discussion of the revenue recognition accounting policy. Costs of Services. Direct costs of contract talent solutions consist of payroll, payroll taxes, and benefit costs for the Company’s engagement professionals, as well as reimbursable expenses. Direct costs of permanent placement talent solutions consist of reimbursable expenses. Protiviti direct costs of services include professional staff payroll, payroll taxes and benefit costs, as well as reimbursable expenses.
Advertising Costs	Advertising Costs.
Income from Investments Held in Employee Deferred Compensation Trusts	Income from Investments Held in Employee Deferred Compensation Trusts . Under the Company’s employee deferred compensation plans, employees direct the investment of their account balances, and the Company invests amounts held in the associated investment trusts consistent with these directions. As realized and unrealized investment gains and losses occur, the Company’s employee deferred compensation plan obligations change and adjustments are recorded in selling, general and administrative expenses or, in the case of Protiviti, costs of services. The value of the related investment trust assets also changes by an equal and offsetting amount, leaving no net cost to the Company. The Company’s income from investments held in employee deferred compensation trusts consists of unrealized and realized gains and losses, and dividend income from trust investments and is presented separately on the unaudited Condensed Consolidated Statements of Operations.
Comprehensive Income (Loss)	Comprehensive Income (Loss). Comprehensive income (loss) includes net income and certain other items that are recorded directly to stockholders’ equity. The Company’s only sources of other comprehensive income (loss) are foreign currency translation and foreign defined benefit plan adjustments.
Fair Value of Financial Instruments	Fair Value of Financial Instruments. Assets and liabilities recorded at fair value are measured and classified in accordance with a three-tier fair value hierarchy based on the observability of the inputs available in the market to measure fair value, summarized as follows: Level 1: observable inputs for identical assets or liabilities, such as quoted prices in active markets Level 2: inputs other than the quoted prices in active markets that are observable either directly or indirectly Level 3: unobservable inputs in which there is little or no market data, which requires management’s best estimates and assumptions that market participants would use in pricing the asset or liability The carrying value of cash, net accounts receivable, and accounts payable and accrued expenses approximates fair value because of their short-term nature. The Company holds mutual funds and money market funds to satisfy its obligations under its employee deferred compensation plans which are carried at fair value based on quoted market prices in active markets for identical assets (level 1).
Allowance for Credit Losses	Allowance for Credit Losses. The Company is exposed to credit losses resulting from the inability of its customers to make required payments. The Company establishes an allowance for these potential credit losses based on its review of customers’ credit profiles, historical loss statistics, prepayments, recoveries, age of customer receivable balances, current business conditions and macroeconomic trends. The Company considers risk characteristics of trade receivables based on asset type and geographical locations to evaluate trade receivables on a collective basis. The Company applies credit loss estimates to these pooled receivables to determine expected credit losses.
Recently Adopted Accounting Pronouncements/Recently Issued Accounting Pronouncements Not Yet Adopted	Recently Adopted Accounting Pronouncements None. Recently Issued Accounting Pronouncements Not Yet Adopted Segment Reporting. In December 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. The amendments in the ASU are intended to improve reportable segment disclosure requirements primarily through enhanced disclosures about significant segment expenses. This ASU is effective for public filers for fiscal periods beginning after December 15, 2023, and interim periods beginning after December 15, 2024, however early adoption is permitted. The Company is currently evaluating the impact of the new guidance on its consolidated financial statements and related disclosures. Income Tax Disclosures . In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. Under this ASU, public filers must disclose annually (1) specific categories in the rate reconciliation, and (2) provide additional information for reconciling items that meet a quantitative threshold, if the effect of those reconciling items is equal to or greater than 5 percent of the amount computed by multiplying pretax income by the applicable statutory income tax rate. The new guidance is effective for public filers for annual periods beginning after December 15, 2024. Early adoption is permitted. The Company is currently evaluating the impact of the new guidance on its consolidated financial statements and related disclosures.
Commitments and Contingencies	Legal costs associated with the resolution of claims, lawsuits and other contingencies are expensed as incurred.
Treasury Stock	The repurchased shares are held in treasury and are presented as if constructively retired. Treasury stock is accounted for using the cost method. Treasury stock activity for the six months ended June 30, 2024 and 2023, (consisting of purchases of shares for the treasury) is presented in the unaudited Condensed Consolidated Statements of Stockholders’ Equity.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Schedule of Employee Deferred Compensation Plans	The following table presents the Company’s income from investments held in employee deferred compensation trusts (in thousands): Three Months Ended Six Months Ended 2024 2023 2024 2023 Dividend income $ (2,627) $ (2,232) $ (4,698) $ (3,795) Realized and unrealized gains (13,106) (26,115) (54,411) (51,843) Income from investments held in employee deferred compensation trusts (which is completely offset by related costs and expenses) $ (15,733) $ (28,347) $ (59,109) $ (55,638) The following table presents the Company’s increase in employee deferred compensation costs and expense related to changes in the fair value of trust assets for its nonqualified employee deferred compensation plans (in thousands): Three Months Ended Six Months Ended 2024 2023 2024 2023 Increase in employee deferred compensation costs and expense related to changes in the fair value of trust assets $ 15,733 $ 28,347 $ 59,109 $ 55,638
Schedule of Allocation of Plan Assets	The following tables summarize the Company’s financial instruments by significant category and fair value measurement on a recurring basis (in thousands): Fair Value Measurements Using Balance at June 30, 2024 Quoted Prices Significant Other Observable Inputs Significant Unobservable Inputs Cash equivalents Money market funds $ 291,587 $ 291,587 — — Employee deferred compensation trust assets Money market funds $ 127,042 $ 127,042 — — Mutual funds - bond 37,498 37,498 — — Mutual funds - stock 370,585 370,585 — — Mutual funds - blend 103,355 103,355 — — Total employee deferred compensation trust assets $ 638,480 $ 638,480 — — Fair Value Measurements Using Balance at December 31, 2023 Quoted Prices Significant Other Observable Inputs Significant Unobservable Inputs Cash equivalents Money market funds $ 351,230 $ 351,230 — — Employee deferred compensation trust assets Money market funds $ 124,710 $ 124,710 — — Mutual funds - bond 35,373 35,373 — — Mutual funds - stock 316,764 316,764 — — Mutual funds - blend 94,199 94,199 — — Total employee deferred compensation trust assets $ 571,046 $ 571,046 — —
Schedule of Accounts Receivable, Allowance for Credit Loss	The following table sets forth the activity in the allowance for credit losses from December 31, 2023, through June 30, 2024 (in thousands): Allowance for Credit Losses Balance as of December 31, 2023 $ 25,189 Charges to expense 565 Deductions (3,419) Other, including foreign currency translation adjustments (280) Balance as of June 30, 2024 $ 22,055

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
	Jun. 30, 2024
Revenue from Contract with Customer [Abstract]
Schedule of Revenue Disaggregated by Functional Specialization and Segments	The following table presents the Company’s revenues disaggregated by functional specialization and segment (in thousands): Three Months Ended Six Months Ended 2024 2023 2024 2023 Contract talent solutions Finance and accounting $ 623,120 $ 721,391 $ 1,265,090 $ 1,499,224 Administrative and customer support 190,344 211,023 390,276 430,373 Technology 157,899 181,776 315,869 375,858 Elimination of intersegment revenues (a) (116,466) (114,807) (229,280) (240,598) Total contract talent solutions 854,897 999,383 1,741,955 2,064,857 Permanent placement talent solutions 131,063 149,254 255,830 305,991 Protiviti 486,564 490,841 950,676 984,965 Total service revenues $ 1,472,524 $ 1,639,478 $ 2,948,461 $ 3,355,813 (a) Service revenues for finance and accounting, administrative and customer support, and technology include intersegment revenues, which represent revenues from services provided to the Company’s Protiviti segment in connection with the Company’s blended business solutions. Intersegment revenues for each functional specialization are aggregated and then eliminated as a single line.
Schedule of Contract Liability Activity	The following table sets forth the activity in contract liabilities from December 31, 2023, through June 30, 2024 (in thousands): Contract Liabilities Balance as of December 31, 2023 $ 24,574 Payments in advance of satisfaction of performance obligations 18,159 Revenue recognized (27,374) Other, including translation adjustments (316) Balance as of June 30, 2024 $ 15,043

Other Current Assets (Tables)

Other Current Assets (Tables)	6 Months Ended
	Jun. 30, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Other Current Assets	Other current assets consisted of the following (in thousands): June 30, December 31, Prepaid expenses $ 72,857 $ 67,999 Unamortized cloud computing implementation costs 30,222 31,049 Other 44,944 34,433 Other current assets $ 148,023 $ 133,481

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	6 Months Ended
	Jun. 30, 2024
Property, Plant and Equipment [Abstract]
Schedule of Components of Property and Equipment	Property and equipment consisted of the following (in thousands): June 30, December 31, Computer hardware $ 148,682 $ 150,165 Computer software 224,775 220,004 Furniture and equipment 99,766 99,547 Leasehold improvements 200,032 187,806 Property and equipment, cost 673,255 657,522 Accumulated depreciation (560,053) (548,713) Property and equipment, net $ 113,202 $ 108,809

Other Noncurrent Assets (Tables

Other Noncurrent Assets (Tables)	6 Months Ended
	Jun. 30, 2024
Other Assets [Abstract]
Schedule of Noncurrent Assets	Other noncurrent assets consisted of the following (in thousands): June 30, December 31, Unamortized cloud computing implementation costs $ 12,675 $ 15,047 Other intangible assets, net 1,825 2,433 Other noncurrent assets $ 14,500 $ 17,480

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2024
Leases [Abstract]
Schedule of Supplemental Cash Flow Information	Supplemental cash flow information related to leases consisted of the following (in thousands): Six Months Ended 2024 2023 Cash paid for operating lease liabilities $ 45,284 $ 48,145 Right-of-use assets obtained in exchange for new operating lease liabilities $ 40,668 $ 25,914
Schedule of Supplemental Balance Sheet Information	Supplemental balance sheet information related to leases consisted of the following: June 30, December 31, Weighted average remaining lease term for operating leases 4.4 years 4.3 years Weighted average discount rate for operating leases 3.6 % 3.2 %
Schedule of Future Minimum Lease Payments	Future minimum lease payments under non-cancellable leases as of June 30, 2024, were as follows (in thousands): 2024 (excluding the six months ended June 30, 2024) $ 44,736 2025 65,792 2026 52,964 2027 34,753 2028 22,386 Thereafter 42,915 Less: Imputed interest (24,625) Present value of operating lease liabilities (a) $ 238,921 (a) Includes the current portion of $70.9 million for operating leases.

Goodwill (Tables)

Goodwill (Tables)	6 Months Ended
	Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The following table sets forth the activity in goodwill from December 31, 2023 through June 30, 2024 (in thousands): Goodwill Contract talent solutions Permanent placement talent solutions Protiviti Total Balance as of December 31, 2023 $ 134,287 $ 26,131 $ 77,552 $ 237,970 Foreign currency translation adjustments (152) (29) (149) (330) Balance as of June 30, 2024 $ 134,135 $ 26,102 $ 77,403 $ 237,640

Accrued Payroll and Benefit C_2

Accrued Payroll and Benefit Costs (Tables)	6 Months Ended
	Jun. 30, 2024
Payables and Accruals [Abstract]
Schedule of Accrued Payroll and Benefit Costs	Accrued payroll and benefit costs consisted of the following (in thousands): June 30, December 31, Payroll and benefits $ 352,117 $ 367,830 Payroll taxes 19,885 31,439 Workers’ compensation 14,700 14,664 Accrued payroll and benefit costs $ 386,702 $ 413,933

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2024
Equity [Abstract]
Schedule of Number and Cost of Common Stock Shares Repurchased	The number and the cost of common stock shares repurchased during the six months ended June 30, 2024 and 2023, are reflected in the following table (in thousands): Six Months Ended 2024 2023 Common stock repurchased (in shares) 1,660 1,137 Common stock repurchased $ 121,272 $ 83,678
Schedule of Number and Cost of Employee Stock Plan Repurchases	The number and the cost of employee stock plan repurchases made during the six months ended June 30, 2024 and 2023, are reflected in the following table (in thousands): Six Months Ended 2024 2023 Repurchases related to employee stock plans (in shares) 271 283 Repurchases related to employee stock plans $ 21,435 $ 21,733

Net Income Per Share (Tables)

Net Income Per Share (Tables)	6 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
Schedule of Calculation of Net Income Per Share	The calculation of net income per share for the three and six months ended June 30, 2024 and 2023, is reflected in the following table (in thousands, except per share amounts): Three Months Ended Six Months Ended 2024 2023 2024 2023 Net income $ 68,156 $ 106,292 $ 131,857 $ 228,297 Basic: Weighted average shares 103,151 106,102 103,469 106,260 Diluted: Weighted average shares 103,151 106,102 103,469 106,260 Dilutive effect of potential common shares 177 320 395 515 Diluted weighted average shares 103,328 106,422 103,864 106,775 Net income per share: Basic $ 0.66 $ 1.00 $ 1.27 $ 2.15 Diluted $ 0.66 $ 1.00 $ 1.27 $ 2.14

Business Segments (Tables)

Business Segments (Tables)	6 Months Ended
	Jun. 30, 2024
Segment Reporting [Abstract]
Schedule of Reconciliation of Revenue and Operating Income by Reportable Segment to Consolidated Results	The following table provides a reconciliation of service revenues and segment income by reportable segment to consolidated results for the three and six months ended June 30, 2024 and 2023 (in thousands): Three Months Ended Six Months Ended 2024 2023 2024 2023 Service revenues Contract talent solutions $ 854,897 $ 999,383 $ 1,741,955 $ 2,064,857 Permanent placement talent solutions 131,063 149,254 255,830 305,991 Protiviti 486,564 490,841 950,676 984,965 $ 1,472,524 $ 1,639,478 $ 2,948,461 $ 3,355,813 Segment income Contract talent solutions $ 38,146 $ 81,316 $ 88,264 $ 183,462 Permanent placement talent solutions 16,148 21,730 28,003 45,557 Protiviti 37,286 43,566 59,891 82,387 Combined segment income 91,580 146,612 176,158 311,406 Amortization of intangible assets 304 721 608 1,442 Interest income, net (5,186) (5,320) (11,599) (10,145) Income before income taxes $ 96,462 $ 151,211 $ 187,149 $ 320,109

Subsequent Events (Tables)

Subsequent Events (Tables)	6 Months Ended
	Jun. 30, 2024
Subsequent Events [Abstract]
Schedule of Subsequent Events	On July 30, 2024, the Company announced the following: Quarterly dividend per share $0.53 Declaration date July 30, 2024 Record date August 23, 2024 Payment date September 13, 2024

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Narrative (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2024 USD ($) segment	Jun. 30, 2023 USD ($)
Accounting Policies [Abstract]
Number of reportable segments | segment			3
Advertising expense | $	$ 14.6	$ 14.6	$ 27.9	$ 27.9

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Schedule of Company's Income and Related Expenses from Investments Held in Employee Deferred Compensation Trusts (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Accounting Policies [Abstract]
Dividend income	$ (2,627)	$ (2,232)	$ (4,698)	$ (3,795)
Realized and unrealized gains	(13,106)	(26,115)	(54,411)	(51,843)
Income from investments held in employee deferred compensation trusts (which is completely offset by related costs and expenses)	(15,733)	(28,347)	(59,109)	(55,638)
Increase in employee deferred compensation expense related to changes in the fair value of trust assets	$ 15,733	$ 28,347	$ 59,109	$ 55,638

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Schedule of Composition of Underlying Assets Comprising Company's Deferred Compensation Plan Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Employee deferred compensation trust assets	$ 638,480	$ 571,046
Recurring
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Employee deferred compensation trust assets	638,480	571,046
Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Employee deferred compensation trust assets	638,480	571,046
Significant Other Observable Inputs (Level 2) | Recurring
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Employee deferred compensation trust assets	0	0
Significant Unobservable Inputs (Level 3) | Recurring
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Employee deferred compensation trust assets	0	0
Money market funds | Recurring
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Employee deferred compensation trust assets	127,042	124,710
Money market funds | Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Employee deferred compensation trust assets	127,042	124,710
Money market funds | Significant Other Observable Inputs (Level 2) | Recurring
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Employee deferred compensation trust assets	0	0
Money market funds | Significant Unobservable Inputs (Level 3) | Recurring
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Employee deferred compensation trust assets	0	0
Mutual funds - bond | Recurring
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Employee deferred compensation trust assets	37,498	35,373
Mutual funds - bond | Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Employee deferred compensation trust assets	37,498	35,373
Mutual funds - bond | Significant Other Observable Inputs (Level 2) | Recurring
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Employee deferred compensation trust assets	0	0
Mutual funds - bond | Significant Unobservable Inputs (Level 3) | Recurring
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Employee deferred compensation trust assets	0	0
Mutual funds - stock | Recurring
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Employee deferred compensation trust assets	370,585	316,764
Mutual funds - stock | Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Employee deferred compensation trust assets	370,585	316,764
Mutual funds - stock | Significant Other Observable Inputs (Level 2) | Recurring
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Employee deferred compensation trust assets	0	0
Mutual funds - stock | Significant Unobservable Inputs (Level 3) | Recurring
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Employee deferred compensation trust assets	0	0
Mutual funds - blend | Recurring
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Employee deferred compensation trust assets	103,355	94,199
Mutual funds - blend | Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Employee deferred compensation trust assets	103,355	94,199
Mutual funds - blend | Significant Other Observable Inputs (Level 2) | Recurring
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Employee deferred compensation trust assets	0	0
Mutual funds - blend | Significant Unobservable Inputs (Level 3) | Recurring
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Employee deferred compensation trust assets	0	0
Money market funds | Recurring
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Cash equivalents	291,587	351,230
Money market funds | Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Cash equivalents	291,587	351,230
Money market funds | Significant Other Observable Inputs (Level 2) | Recurring
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Cash equivalents	0	0
Money market funds | Significant Unobservable Inputs (Level 3) | Recurring
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Cash equivalents	$ 0	$ 0

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Schedule of Credit Losses (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($)
Allowance for Credit Losses
Beginning balance	$ 25,189
Charges to expense	565
Deductions	(3,419)
Other, including foreign currency translation adjustments	(280)
Ending balance	$ 22,055

Revenue Recognition - Schedule

Revenue Recognition - Schedule of Revenue Disaggregated by Line of Business (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2024 USD ($) segment	Jun. 30, 2023 USD ($)
Revenue from Contract with Customer [Abstract]
Number of reportable segments | segment			3
Guarantee period			90 days
Disaggregation of Revenue [Line Items]
Total service revenues	$ 1,472,524	$ 1,639,478	$ 2,948,461	$ 3,355,813
Elimination of intersegment revenues
Disaggregation of Revenue [Line Items]
Total service revenues	(116,466)	(114,807)	(229,280)	(240,598)
Finance and accounting
Disaggregation of Revenue [Line Items]
Total service revenues	623,120	721,391	1,265,090	1,499,224
Administrative and customer support
Disaggregation of Revenue [Line Items]
Total service revenues	190,344	211,023	390,276	430,373
Technology
Disaggregation of Revenue [Line Items]
Total service revenues	157,899	181,776	315,869	375,858
Total contract talent solutions
Disaggregation of Revenue [Line Items]
Total service revenues	854,897	999,383	1,741,955	2,064,857
Permanent placement talent solutions
Disaggregation of Revenue [Line Items]
Total service revenues	131,063	149,254	255,830	305,991
Protiviti
Disaggregation of Revenue [Line Items]
Total service revenues	$ 486,564	$ 490,841	$ 950,676	$ 984,965

Revenue Recognition - Remaining

Revenue Recognition - Remaining Performance Obligation (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contracts expected duration	one year	one year
Aggregate transaction price allocated to performance obligations	$ 182.9	$ 160.3
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2024-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Aggregate transaction price allocated to performance obligations	$ 156.5
Remaining performance obligation, expected duration	12 months

Revenue Recognition - Schedul_2

Revenue Recognition - Schedule of Contract Liability Activity (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($)
Contract Liabilities
Beginning balance	$ 24,574
Payments in advance of satisfaction of performance obligations	18,159
Revenue recognized	(27,374)
Other, including translation adjustments	(316)
Ending balance	$ 15,043

Other Current Assets (Details)

Other Current Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid expenses	$ 72,857	$ 67,999
Unamortized cloud computing implementation costs	30,222	31,049
Other	44,944	34,433
Other current assets	$ 148,023	$ 133,481

Property and Equipment, Net (De

Property and Equipment, Net (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 673,255	$ 657,522
Accumulated depreciation	(560,053)	(548,713)
Property and equipment, net	113,202	108,809
Computer hardware
Property, Plant and Equipment [Line Items]
Property and equipment, cost	148,682	150,165
Computer software
Property, Plant and Equipment [Line Items]
Property and equipment, cost	224,775	220,004
Furniture and equipment
Property, Plant and Equipment [Line Items]
Property and equipment, cost	99,766	99,547
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 200,032	$ 187,806

Other Noncurrent Assets (Detail

Other Noncurrent Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Other Assets [Abstract]
Unamortized cloud computing implementation costs	$ 12,675	$ 15,047
Other intangible assets, net	1,825	2,433
Other noncurrent assets	$ 14,500	$ 17,480

Leases - Narrative (Details)

Leases - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Lessee, Lease, Description [Line Items]
Option to extend lease term	7 years		7 years
Option to terminate lease term			1 year
Operating lease expense	$ 21.2	$ 22.5	$ 42.4	$ 44.9
Operating leases, not yet commenced, amount	$ 11.7		$ 11.7
Minimum
Lessee, Lease, Description [Line Items]
Remaining lease terms	1 year		1 year
Operating leases, not yet commenced, term	1 year		1 year
Maximum
Lessee, Lease, Description [Line Items]
Remaining lease terms	11 years		11 years
Operating leases, not yet commenced, term	11 years		11 years

Leases - Schedule of Lease Cost

Leases - Schedule of Lease Cost and Other Information (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Cash Flow, Operating Activities, Lessee [Abstract]
Cash paid for operating lease liabilities	$ 45,284	$ 48,145
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 40,668	$ 25,914
Weighted average remaining lease term:
Weighted average remaining lease term for operating leases	4 years 4 months 24 days		4 years 3 months 18 days
Operating Leases, Weighted Average Discount Rate, Percent
Weighted average discount rate for operating leases	3.60%		3.20%

Leases - Schedule of Future Min

Leases - Schedule of Future Minimum Lease Payments (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
2024 (excluding the six months ended June 30, 2024)	$ 44,736
2025	65,792
2026	52,964
2027	34,753
2028	22,386
Thereafter	42,915
Less: Imputed interest	(24,625)
Present value of operating lease liabilities	238,921
Current operating lease liabilities	$ 70,947	$ 80,459

Goodwill (Details)

Goodwill (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($)
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 237,970
Foreign currency translation adjustments	(330)
Goodwill, ending balance	237,640
Contract talent solutions
Goodwill [Roll Forward]
Goodwill, beginning balance	134,287
Foreign currency translation adjustments	(152)
Goodwill, ending balance	134,135
Permanent placement talent solutions
Goodwill [Roll Forward]
Goodwill, beginning balance	26,131
Foreign currency translation adjustments	(29)
Goodwill, ending balance	26,102
Protiviti
Goodwill [Roll Forward]
Goodwill, beginning balance	77,552
Foreign currency translation adjustments	(149)
Goodwill, ending balance	$ 77,403

Accrued Payroll and Benefit C_3

Accrued Payroll and Benefit Costs - (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Payables and Accruals [Abstract]
Payroll and benefits	$ 352,117	$ 367,830
Payroll taxes	19,885	31,439
Workers’ compensation	14,700	14,664
Accrued payroll and benefit costs	$ 386,702	$ 413,933

Employee Deferred Compensatio_2

Employee Deferred Compensation Plan Obligations - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Deferred Compensation Plans [Abstract]
Employee deferred compensation trust assets	$ 638,480		$ 638,480		$ 571,046
Employee deferred compensation plan obligations	627,990		627,990		$ 572,913
Contribution expense	$ 11,400	$ 11,500	$ 24,800	$ 22,800

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($)	6 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Revolving Credit Facility | Line of Credit | Credit Agreement
Loss Contingencies [Line Items]
Unsecured revolving credit facility	$ 100,000,000
Borrowings under credit agreement	0	$ 0
Gentry Case
Loss Contingencies [Line Items]
Plaintiff seeks judgment in excess	0
Shari Dorff
Loss Contingencies [Line Items]
Allegations loss	$ 0

Stockholders' Equity - Narrativ

Stockholders' Equity - Narrative (Details) shares in Millions	Jun. 30, 2024 shares
Equity [Abstract]
Maximum number of shares authorized to be repurchased (in shares)	9.1

Stockholders' Equity - Number a

Stockholders' Equity - Number and Cost of Common Stock Shares Repurchased (Details) - USD ($) shares in Thousands, $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Equity [Abstract]
Common stock repurchased (in shares)	1,660	1,137
Common stock repurchased	$ 121,272	$ 83,678

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of Number and Cost of Employee Stock Plan Repurchases (Details) - USD ($) shares in Thousands, $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Equity [Abstract]
Repurchases related to employee stock plans (in shares)	271	283
Repurchases related to employee stock plans	$ 21,435	$ 21,733

Net Income Per Share (Details)

Net Income Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2024	Mar. 31, 2024	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2024	Jun. 30, 2023
Earnings Per Share [Abstract]
Net income	$ 68,156	$ 63,701	$ 106,292	$ 122,005	$ 131,857	$ 228,297
Basic:
Weighted average shares (in shares)	103,151		106,102		103,469	106,260
Diluted:
Weighted average shares (in shares)	103,151		106,102		103,469	106,260
Dilutive effect of potential common shares (in shares)	177		320		395	515
Diluted weighted average shares (in shares)	103,328		106,422		103,864	106,775
Net income per share:
Basic (in usd per share)	$ 0.66		$ 1		$ 1.27	$ 2.15
Diluted (in usd per share)	$ 0.66		$ 1		$ 1.27	$ 2.14

Business Segments - Narrative (

Business Segments - Narrative (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2024 USD ($) segment	Jun. 30, 2023 USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | segment			3
Service revenues	$ (1,472,524)	$ (1,639,478)	$ (2,948,461)	$ (3,355,813)
Intersegment Eliminations
Segment Reporting Information [Line Items]
Service revenues	$ 116,466	$ 114,807	$ 229,280	$ 240,598

Business Segments - Schedule of

Business Segments - Schedule of Reconciliation of Revenue and Operating Income by Reportable Segment to Consolidated Results (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Segment Reporting Information [Line Items]
Service revenues	$ 1,472,524	$ 1,639,478	$ 2,948,461	$ 3,355,813
Segment income	91,580	146,612	176,158	311,406
Amortization of intangible assets	304	721	608	1,442
Interest income, net	(5,186)	(5,320)	(11,599)	(10,145)
Income before income taxes	96,462	151,211	187,149	320,109
Contract talent solutions
Segment Reporting Information [Line Items]
Service revenues	854,897	999,383	1,741,955	2,064,857
Segment income	38,146	81,316	88,264	183,462
Permanent placement talent solutions
Segment Reporting Information [Line Items]
Service revenues	131,063	149,254	255,830	305,991
Segment income	16,148	21,730	28,003	45,557
Protiviti
Segment Reporting Information [Line Items]
Service revenues	486,564	490,841	950,676	984,965
Segment income	$ 37,286	$ 43,566	$ 59,891	$ 82,387

Subsequent Events (Details)

Subsequent Events (Details) - $ / shares		3 Months Ended		6 Months Ended
	Jul. 30, 2024	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Subsequent Event [Line Items]
Quarterly dividend per share (in usd per share)		$ 0.53	$ 0.48	$ 1.06	$ 0.96
Subsequent Event
Subsequent Event [Line Items]
Quarterly dividend per share (in usd per share)	$ 0.53