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Document and Entity Information - shares	3 Months Ended
Document and Entity Information - shares	Mar. 31, 2015	Apr. 30, 2015
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2015
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1
Trading Symbol	CBZ
Entity Registrant Name	CBIZ, Inc.
Entity Central Index Key	0000944148
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		49,491,775

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 128	$ 979
Restricted cash	25,608	28,293
Accounts receivable, net	188,484	143,048
Notes receivable - current	636
Deferred income taxes - current, net	5,273	3,638
Other current assets	14,950	15,292
Assets of discontinued operations	5,748	5,229
Current assets before funds held for clients	240,827	196,479
Funds held for clients	125,594	182,847
Total current assets	366,421	379,326
Property and equipment, net	19,996	18,475
Goodwill and other intangible assets, net	533,118	526,462
Assets of deferred compensation plan	64,267	60,290
Notes receivable - non-current	2,705	2,714
Other assets	4,526	3,977
Total assets	991,033	991,244
Current liabilities:
Accounts payable	38,082	36,781
Income taxes payable - current	14,128	2,384
Accrued personnel costs	23,829	39,878
Notes payable - current	297	760
Contingent purchase price liability - current	16,782	16,692
Other current liabilities	13,742	13,434
Liabilities of discontinued operations	1,131	1,303
Current liabilities before client fund obligations	107,991	111,232
Client fund obligations	125,583	183,936
Total current liabilities	233,574	295,168
Convertible notes, net	97,165	96,569
Bank debt	146,800	107,400
Income taxes payable - non-current	4,276	4,166
Deferred income taxes - non-current, net	2,573	2,864
Deferred compensation plan obligations	64,267	60,290
Contingent purchase price liability - non-current	15,536	16,676
Other non-current liabilities	8,509	8,266
Total liabilities	572,700	591,399
STOCKHOLDERS' EQUITY
Common stock	1,193	1,188
Additional paid-in capital	608,470	604,284
Retained earnings	239,920	220,753
Treasury stock	(430,693)	(425,685)
Accumulated other comprehensive loss (AOCL)	(557)	(695)
Total stockholders' equity	418,333	399,845
Total liabilities and stockholders' equity	$ 991,033	$ 991,244

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Statement of Comprehensive Income [Abstract]
Revenue	$ 213,866	$ 204,726
Operating expenses	170,864	161,938
Gross margin	43,002	42,788
Corporate general and administrative expenses	9,865	10,198
Operating income	33,137	32,590
Other income (expense):
Interest expense	(2,977)	(3,433)
Gain on sale of operations, net	56	8
Other income, net	2,859	1,975
Total other expense, net	(62)	(1,450)
Income from continuing operations before income tax expense	33,075	31,140
Income tax expense	13,572	13,114
Income from continuing operations	19,503	18,026
Loss from operations of discontinued operations, net of tax	(335)	(263)
Loss on disposal of discontinued operations, net of tax		(474)
Net income	$ 19,168	$ 17,289
Basic:
Continuing operations	$ 0.41	$ 0.37
Discontinued operations	(0.01)	(0.01)
Net income	0.40	0.36
Diluted:
Continuing operations	0.38	0.34
Discontinued operations	(0.01)	(0.01)
Net income	$ 0.37	$ 0.33
Basic weighted average shares outstanding	48,146	48,182
Diluted weighted average shares outstanding	51,385	52,618
Comprehensive Income:
Net income	$ 19,168	$ 17,289
Other comprehensive income, net of tax	138	9
Comprehensive income	$ 19,306	$ 17,298

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Cash flows from operating activities:
Net income	$ 19,168	$ 17,289
Adjustments to reconcile net income to net cash used in operating activities:
Loss from discontinued operations, net of tax	335	737
Gain on sale of operations, net	(56)	(8)
Depreciation and amortization expense	4,987	4,700
Amortization of discount on notes and deferred financing costs	860	1,168
Amortization of discount on contingent earnout liability	38	19
Bad debt expense, net of recoveries	1,494	1,103
Adjustment to contingent earnout liability	(1,500)	(959)
Deferred income taxes	(2,137)	(2,319)
Employee stock awards	1,622	1,390
Excess tax benefits from share based payment arrangements	(48)	(82)
Changes in assets and liabilities, net of acquisitions and divestitures:
Restricted cash	2,685	(61)
Accounts receivable, net	(47,239)	(39,759)
Other assets	(1,158)	(1,124)
Accounts payable	1,301	(2,799)
Income taxes payable	11,902	12,775
Accrued personnel costs	(16,049)	(15,755)
Other liabilities	507	3,111
Net cash used in continuing operations	(23,288)	(20,574)
Operating cash flows used in discontinued operations	(1,027)	(617)
Net cash used in operating activities	(24,315)	(21,191)
Cash flows from investing activities:
Business acquisitions and purchases of client lists, net of cash acquired	(5,974)	(15,159)
Purchases of client fund investments	(3,531)	(7,900)
Proceeds from the sales and maturities of client fund investments	3,704	4,150
Proceeds (payments) from sales of divested and discontinued operations	56	(466)
Increase in funds held for clients	57,257	41,309
Additions to property and equipment, net	(2,983)	(1,617)
Collections of notes receivable	34	414
Net cash flows provided by continuing operations	48,563	20,731
Investing cash flows used in discontinued operations	0	0
Net cash provided by investing activities	48,563	20,731
Cash flows from financing activities:
Proceeds from bank debt	98,500	129,600
Payment of bank debt	(59,100)	(86,700)
Payment for acquisition of treasury stock	(5,007)	(3,875)
Increase in client funds obligations	(58,353)	(37,560)
Proceeds from exercise of stock options	2,130	5,967
Payment of contingent consideration of acquisitions	(3,317)	(1,486)
Excess tax benefit from exercise of stock awards	48	82
Payment of notes payable		(763)
Payment of acquired debt		(1,169)
Net cash (used in) provided by financing activities	(25,099)	4,096
Net (decrease) increase in cash and cash equivalents	(851)	3,636
Cash and cash equivalents at beginning of year	979	771
Cash and cash equivalents at end of period	$ 128	$ 4,407

Basis of Presentation

3 Months Ended

Mar. 31, 2015

Accounting Policies [Abstract]

Basis of Presentation

1.	Basis of Presentation

The accompanying unaudited consolidated financial statements of CBIZ, Inc. and its subsidiaries (“CBIZ,” the “Company,” “we,” “us,” or “our”) have been prepared in accordance with the instructions to Form 10-Q and do not include all of the information and notes required by the accounting principles generally accepted in the United States (“GAAP”) for complete financial statements.

All intercompany accounts and transactions have been eliminated in consolidation. The accompanying unaudited consolidated financial statements do not reflect the operations or accounts of variable interest entities as the impact is not material to the financial condition, results of operations or cash flows of CBIZ.

These interim unaudited consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014. In the opinion of management, all adjustments of a normal recurring nature considered necessary for a fair presentation have been included. Operating results for the three month period ended March 31, 2015 are not necessarily indicative of the results that may be expected for the full year ending December 31, 2015.

The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Management’s estimates and assumptions include, but are not limited to, estimates of collectability of accounts receivable and unbilled revenue, the realizability of goodwill and other intangible assets, the fair value of certain assets, the valuation of stock options in determining compensation expense, estimates of accrued liabilities (such as incentive compensation, self-funded health insurance accruals, legal reserves, income tax uncertainties, contingent purchase price obligations, and consolidation and integration reserves), the provision for income taxes, the realizability of deferred tax assets, and other factors. Management’s estimates and assumptions are derived from and are continually evaluated based upon available information, judgment and experience. Changes in circumstances could cause actual results to differ materially from those estimates.

A description of revenue recognition policies is included in the Annual Report on Form 10-K for the year ended December 31, 2014.

Accounts Receivable, Net

3 Months Ended

Mar. 31, 2015

Receivables [Abstract]

Accounts Receivable, Net

2.	Accounts Receivable, Net

Accounts receivable, net balances at March 31, 2015 and December 31, 2014 were as follows (in thousands):


	March 31, 2015			December 31, 2014
Trade accounts receivable	$	117,672		$	107,174
Unbilled revenue		82,364			47,789

Total accounts receivable		200,036			154,963
Allowance for doubtful accounts		(11,552	)		(11,915	)

Accounts receivable, net	$	188,484		$	143,048

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References + Details

Goodwill and Other Intangible Assets, Net

3 Months Ended

Mar. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets, Net

3.	Goodwill and Other Intangible Assets, Net

The components of goodwill and other intangible assets, net at March 31, 2015 and December 31, 2014 were as follows (in thousands):


	March 31, 2015			December 31, 2014
Goodwill	$	442,276		$	435,231
Intangible assets:
Client lists		143,201			140,187
Other intangible assets		6,589			6,482

Total intangible assets		149,790			146,669

Total goodwill and intangibles assets		592,066			581,900
Accumulated amortization:
Client lists		(57,576	)		(54,213	)
Other intangible assets		(1,372	)		(1,225	)

Total accumulated amortization		(58,948	)		(55,438	)

Goodwill and other intangible assets, net	$	533,118		$	526,462

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

Depreciation and Amortization

3 Months Ended

Mar. 31, 2015

Text Block [Abstract]

Depreciation and Amortization

4.	Depreciation and Amortization

Depreciation and amortization expense for property and equipment and intangible assets for the three months ended March 31, 2015 and 2014 was as follows (in thousands):


	Three Months Ended March 31,
	2015		2014

Operating expenses	$	4,891	$	4,584
Corporate general and administrative expenses		96		116

Total depreciation and amortization expense	$	4,987	$	4,700

Debt and Financing Arrangements

3 Months Ended

Mar. 31, 2015

Debt Disclosure [Abstract]

Debt and Financing Arrangements

5.	Debt and Financing Arrangements

CBIZ had two primary financing arrangements and one additional financing arrangement at March 31, 2015 that provided the Company with the capital necessary to meet its working capital needs as well as the flexibility to continue with its strategic initiatives, including business acquisitions and share repurchases:

•

4.875% Convertible Senior Subordinated Notes (the “2010 Notes”)

•

$400.0 million unsecured credit facility (the “credit facility”)

•

3.125% Convertible Senior Subordinated Notes (the “2006 Notes”)

The 2010 Notes and the credit facility are the Company’s two primary financing arrangements.

On April 10, 2015, CBIZ entered into an Amendment to its Credit Agreement, dated as of July 28, 2014, by and among the Company and Bank of America, N.A., as administrative agent and bank, and other participating banks, to remove certain events from the definition of Change of Control contained therein. This amendment had no impact on the terms of the Credit Agreement (other than as described above), the accompanying Consolidated Balance Sheets, Consolidated Statements of Comprehensive Income and Consolidated Statements of Cash Flows.

In addition to the discussion below, refer to the Annual Report on Form 10-K for the year ended December 31, 2014 for additional details of CBIZ’s debt and financing arrangements.

2010 Notes

The 2010 Notes mature on October 1, 2015. At March 31, 2015 and December 31, 2014, the 2010 Notes were classified as a non-current liability due to Management’s intention to retire the 2010 Notes during the year ended December 31, 2015 with the funds available under the credit facility. In addition, the Company may repurchase additional 2010 Notes in privately negotiated transactions before the maturity date, but there can be no assurance that additional transactions will be completed or on what terms.

During the year ended December 31, 2014, the Company paid cash of $30.6 million and issued 1.5 million shares of CBIZ common stock in exchange for retiring $32.4 million of its outstanding 2010 Notes in privately negotiated transactions. Notes repurchased are deemed to be extinguished.

The carrying amount of the 2010 Notes at March 31, 2015 and December 31, 2014 were as follows (in thousands):


	March 31, 2015			December 31, 2014
Principal amount of notes	$	97,650		$	97,650
Unamortized discount		(1,235	)		(1,831	)

Net carrying amount	$	96,415		$	95,819

The discount on the liability component of the 2010 Notes is being amortized using the effective interest method based upon an annual effective rate of 7.5%, which represented the market rate for similar debt without a conversion option at the issuance date. The discount is being amortized over the term of the 2010 Notes which is five years from the date of issuance. At March 31, 2015, the unamortized discount had a remaining amortization period of approximately six months.

Bank Debt

CBIZ has a $400.0 million unsecured credit facility with Bank of America as agent for a group of eight participating banks that matures in July 2019. The balance outstanding under the credit facility was $146.8 million and $107.4 million at March 31, 2015 and December 31, 2014, respectively. Rates for the three months ended March 31, 2015 and 2014 (with respect to the Company’s prior credit facility which was terminated on July 28, 2014) were as follows:


	Three Months Ended March 31,
	2015	2014
Weighted average rates	2.21%	2.69%

Range of effective rates	1.88% - 3.25%	1.87% - 3.41%

CBIZ had approximately $150.3 million of available funds under the credit facility at March 31, 2015, net of outstanding letters of credit and performance guarantees of $4.2 million. The credit facility provides CBIZ with operating flexibility and funding to support seasonal working capital needs and other strategic initiatives such as acquisitions and share repurchases. CBIZ is in compliance with its debt covenants at March 31, 2015.

2006 Notes

At March 31, 2015, CBIZ had $750 thousand aggregate principal amount outstanding of its 2006 Notes. The 2006 Notes mature on June 1, 2026 unless earlier redeemed, repurchased or converted. At March 31, 2015 and December 31, 2014, the 2006 Notes were classified as a non-current liability due to Management’s intention to retire the 2006 Notes during the year ended December 31, 2015 with the funds available under the credit facility.

Interest Expense

During the three months ended March 31, 2015 and 2014, CBIZ recognized interest expense on the 2010 Notes and 2006 Notes as follows (in thousands):


	Three Months Ended March 31,
	2015		2014
Contractual coupon interest	$	1,196	$	1,590
Amortization of discount		595		736
Amortization of deferred financing costs		135		180

Total interest expense	$	1,926	$	2,506

Commitments and Contingencies

3 Months Ended

Mar. 31, 2015

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

6.	Commitments and Contingencies

Letters of Credit and Guarantees

CBIZ provides letters of credit to landlords (lessors) of its leased premises in lieu of cash security deposits, which totaled $2.3 million at both March 31, 2015 and December 31, 2014. In addition, CBIZ provides license bonds to various state agencies to meet certain licensing requirements. The amount of license bonds outstanding at both March 31, 2015 and December 31, 2014 totaled $1.9 million.

CBIZ acted as guarantor on various letters of credit for a CPA firm with which it has an affiliation, which totaled $1.9 million at both March 31, 2015 and December 31, 2014. CBIZ has recognized a liability for the fair value of the obligations undertaken in issuing these guarantees, which is recorded as other current liabilities in the accompanying Consolidated Balance Sheets. Management does not expect any material changes to result from these instruments as performance under the guarantees is not expected to be required.

Legal Proceedings

In 2010, CBIZ, Inc. and its subsidiary, CBIZ MHM, LLC (fka CBIZ Accounting, Tax & Advisory Services, LLC) (the “CBIZ Parties”), were named as defendants in lawsuits filed in the U.S. District Court for the District of Arizona and the Superior Court for Maricopa County, Arizona. The federal court case is captioned Robert Facciola, et al v. Greenberg Traurig LLP, et al, and the state court cases are captioned Victims Recovery, LLC v. Greenberg Traurig LLP, et al, Roger Ashkenazi, et al v. Greenberg Traurig LLP, et al, Mary Marsh, et al v. Greenberg Traurig LLP, et al; and ML Liquidating Trust v. Mayer Hoffman McCann PC, et al. Prior to these suits CBIZ MHM, LLC was named as a defendant in Jeffrey C. Stone v. Greenberg Traurig LLP, et al.

These lawsuits arose out of the bankruptcy of Mortgages Ltd., a mortgage lender to developers in the Phoenix, Arizona area. Various other professional firms and individuals not related to the Company were also named defendants in these lawsuits.

Mortgages Ltd. had been audited by Mayer Hoffman McCann PC (“Mayer Hoffman”), a CPA firm that has an administrative services agreement with CBIZ. The lawsuits asserted claims against Mayer Hoffman for, among others things, violations of the Arizona Securities Act, common law fraud, and negligent misrepresentation, and sought to hold the CBIZ Parties vicariously liable for Mayer Hoffman’s conduct as either a statutory control person under the Arizona Securities Act or a joint venturer under Arizona common law. CBIZ is not a CPA firm, does not provide audits, and did not audit any of the entities at issue in these lawsuits, nor is CBIZ a control person of, or a joint venture with, Mayer Hoffman.

With the exception of claims being pursued by two plaintiffs from the Ashkenazi lawsuit (“Baldino Group”), all other matters have been dismissed or settled without payment by the CBIZ Parties. The Baldino Group’s claims, which allege damages of approximately $16.0 million, are proceeding. At this time, the case is proceeding and no trial date has been set.

The CBIZ Parties deny all allegations of wrongdoing made against them and are vigorously defending the remaining proceedings. In particular, the CBIZ Parties are not control persons under the Arizona Securities Act of, or in a joint venture with, Mayer Hoffman. The CBIZ Parties do not have, in any respects, the legal right to control Mayer Hoffman’s audits or any say in how the audits are conducted. The Company has been advised by Mayer Hoffman that it denies all allegations of wrongdoing made against it and that it intends to continue vigorously defending the matters.

The Company cannot predict the outcome of the above matters or estimate the possible loss or range of loss, if any. Although the proceedings are subject to uncertainties inherent in the litigation process and the ultimate disposition of these proceedings is not presently determinable, management believes that the allegations are without merit and that the ultimate resolution of these matters will not have a material adverse effect on the consolidated financial condition, results of operations or cash flows of the Company.

In addition to those items disclosed above, the Company is, from time to time, subject to claims and suits arising in the ordinary course of business. Although the ultimate disposition of such proceedings is not presently determinable, management does not believe that the ultimate resolution of these matters will have a material adverse effect on the consolidated financial condition, results of operations or cash flows of the Company.

Financial Instruments

3 Months Ended

Mar. 31, 2015

Investments, All Other Investments [Abstract]

Financial Instruments

7.	Financial Instruments

Bonds

In connection with CBIZ’s payroll business and the collection of client funds, CBIZ invests a portion of these funds in corporate and municipal bonds. CBIZ held corporate and municipal bonds with par values totaling $36.3 million and $36.4 million at March 31, 2015 and December 31, 2014, respectively. All bonds are investment grade and are classified as available-for-sale. These bonds have maturity or callable dates ranging from April 2015 through November 2019, and are included in “Funds held for clients – current” in the accompanying Consolidated Balance Sheets based on the intent and ability of the Company to sell these investments at any time under favorable conditions. The following table summarizes CBIZ’s bond activity for the three months ended March 31, 2015 and the twelve months ended December 31, 2014 (in thousands):


	Three Months Ended March 31, 2015			Twelve Months Ended December 31, 2014

Fair value at beginning of period	$	38,399		$	30,011
Purchases		3,531			14,089
Sales		—			(245	)
Maturities and calls		(3,704	)		(6,426	)
Increase in bond premium		(19	)		1,155
Fair market value adjustment		178			(185	)


Fair value at end of period	$	38,385		$	38,399

Interest Rate Swaps

CBIZ uses interest rate swaps to manage interest rate risk exposure primarily through converting portions of floating rate debt under the credit facility to a fixed rate basis. These agreements involve the receipt or payment of floating rate amounts in exchange for fixed rate interest payments over the life of the agreements without an exchange of the underlying principal amounts. CBIZ does not enter into derivative instruments for trading or speculative purposes. See the Annual Report on Form 10-K for the year ended December 31, 2014 for further discussion on CBIZ’s interest rate swaps.

At March 31, 2015 and December 31, 2014, the interest rate swap was classified as a liability derivative. The following table summarizes CBIZ’s outstanding interest rate swap and its classification in the accompanying Consolidated Balance Sheets at March 31, 2015 and December 31, 2014 (in thousands).


	March 31, 2015
	Notional Amount		Fair Value (2)			Balance Sheet Location

Interest rate swap (1)	$	25,000	$	(55	)	Other current liabilities


	December 31, 2014
	Notional Amount		Fair Value (2)			Balance Sheet Location

Interest rate swap (1)	$	25,000	$	(126	)	Other current liabilities

(1)	Represents interest rate swap with a notional value of $25 million which will expire in June 2015. Under the terms of the interest rate swap, CBIZ pays interest at a fixed rate of 1.41% plus applicable margin as stated in the agreement, and received interest that varied with the three-month LIBOR.

(2)	See additional disclosures regarding fair value measurements in Note 8.

The following table summarizes the effects of the interest rate swap on CBIZ’s accompanying Consolidated Statements of Comprehensive Income for the three months ended March 31, 2015 and 2014 (in thousands):


	Gain recognized in AOCL, net of tax				Loss reclassified from AOCL into expense
	Three Months Ended March 31,				Three Months Ended March 31,
	2015		2014		2015		2014

Interest rate swap	$	45	$	56	$	73	$	117

Fair Value Measurements

3 Months Ended

Mar. 31, 2015

Fair Value Disclosures [Abstract]

Fair Value Measurements

8.	Fair Value Measurements

The following table summarizes CBIZ’s assets and liabilities at March 31, 2015 and December 31, 2014 that are measured at fair value on a recurring basis subsequent to initial recognition and indicates the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value (in thousands):


	Level	March 31, 2015			December 31, 2014

Deferred compensation plan assets	1	$	64,267		$	60,290
Corporate bonds	1	$	38,385		$	38,399
Interest rate swap	2	$	(55	)	$	(126	)
Contingent purchase price liabilities	3	$	(32,318	)	$	(33,368	)

During the three months ended March 31, 2015 and 2014, there were no transfers between the valuation hierarchy Levels 1, 2 and 3. The following table summarizes the change in Level 3 fair values of the Company’s contingent purchase price liability for the three months ended March 31, 2015 and 2014 (pre-tax basis) (in thousands):


	2015			2014

Beginning balance – January 1	$	(33,368	)	$	(25,196	)
Additions from business acquisitions		(4,186	)		(10,191	)
Settlement of contingent purchase price liabilities		3,829			1,494
Change in fair value of contingencies		1,445			959
Change in net present value of contingencies		(38	)		(19	)

Ending balance – March 31	$	(32,318	)	$	(32,953	)

Contingent Purchase Price Liabilities – Contingent purchase price liabilities arise from business acquisitions and are classified as Level 3 due to the utilization of a probability weighted discounted cash flow approach to determine the fair value of the contingency. A contingent liability is established for each acquisition that has a contingent purchase price component and normally extends over a term of three to six years. The significant unobservable input used in the fair value measurement of the contingent purchase price liabilities is the future performance of the acquired business. The future performance of the acquired business directly impacts the contingent purchase price that is paid to the seller; thus, performance that exceeds target could result in a higher payout, and a performance under target could result in a lower payout. Changes in the expected amount of potential payouts are recorded as adjustments to the initial contingent purchase price liability, with the same amount being recorded in the accompanying Consolidated Statements of Comprehensive Income. These liabilities are reviewed quarterly and adjusted if necessary. See Note 12 for further discussion of contingent purchase price liabilities.

The following table presents financial instruments that are not carried at fair value but which require fair value disclosure as of March 31, 2015 and December 31, 2014 (in thousands):


	March 31, 2015				December 31, 2014
	Carrying Value		Fair Value		Carrying Value		Fair Value

2006 Notes	$	750	$	750	$	750	$	750
2010 Notes	$	96,415	$	124,477	$	95,819	$	118,157

The fair value of CBIZ’s 2006 Notes and 2010 Notes including the conversion feature was determined based upon their most recent quoted market price and as such, is considered to be a Level 1 fair value measurement. The 2006 Notes and the 2010 Notes are carried at face value less any unamortized debt discount. See Note 5 for further discussion of CBIZ’s debt instruments.

In addition, the carrying amounts of CBIZ’s cash and cash equivalents, accounts receivable and accounts payable approximate fair value because of the short maturity of these instruments, and the carrying value of bank debt approximates fair value as the interest rate on the bank debt is variable and approximates current market rates. As a result, the fair value measurement of CBIZ’s bank debt is considered to be Level 2.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Other Comprehensive Income

3 Months Ended

Mar. 31, 2015

Equity [Abstract]

Other Comprehensive Income

9.	Other Comprehensive Income

The following table is a summary of other comprehensive income (loss) and discloses the tax impact of each component of other comprehensive income (loss) for the three months ended March 31, 2015 and 2014 (in thousands):


	Three Months Ended March 31,
	2015			2014
Net unrealized gain (loss) on available-for-sale securities, net of income tax expense (benefit) of $71 and $(11), respectively	$	107		$	(33	)
Net unrealized gain on interest rate swaps, net of income tax expense of $26 and $33, respectively		45			56
Foreign currency translation		(14	)		(14	)

Total other comprehensive income	$	138		$	9

Accumulated other comprehensive loss, net of tax, was approximately $0.6 million and $0.7 million at March 31, 2015 and December 31, 2014, respectively. Accumulated other comprehensive loss consisted of adjustments, net of tax, to unrealized gains and losses on available-for-sale securities and interest rate swaps, and foreign currency translation.

- Definition

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

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
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-Section 45
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-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
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-Paragraph 1
-Subparagraph (SX 210.3-04)
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Reclassification Adjustments
-URI http://asc.fasb.org/extlink&oid=6522872

+ Details

Employer Share Plans

3 Months Ended

Mar. 31, 2015

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

Employer Share Plans

10.

Employer Share Plans

Effective May 15, 2014, CBIZ shareholders approved a new plan, the CBIZ, Inc. 2014 Stock Incentive Plan (“2014 Plan”). The 2014 Plan is in addition to the 2002 Amended and Restated CBIZ, Inc. Stock Incentive Plan (“2002 Plan”), pursuant to which CBIZ has granted various stock-based awards through the year ended December 31, 2014. The terms and vesting schedules for stock-based awards vary by type and date of grant.

Beginning in 2015, the 2014 Plan replaces and, for future grants, supersedes the 2002 Plan. The operating terms of the 2014 Plan are substantially similar to those of the 2002 Plan. Under the 2014 Plan, which expires in 2024, a maximum of 9.6 million stock options, shares of restricted stock or other stock-based compensation awards may be granted. Shares subject to award under the 2014 Plan may be either authorized but unissued shares of CBIZ common stock or treasury shares. Compensation expense for stock-based awards recognized during the three months ended March 31, 2015 and 2014 was as follows (in thousands):


	Three Months Ended March 31,
	2015		2014
Stock options	$	841	$	649
Restricted stock awards		781		741

Total stock-based compensation expense	$	1,622	$	1,390

Stock award activity during the three months ended March 31, 2015 was as follows (in thousands, except per share data):


	Stock Options					Restricted Stock Awards
	Number of Options			Weighted Average Exercise Price Per Share		Number of Shares			Weighted Average Grant-Date Fair Value (1)
Outstanding at beginning of year		5,602		$	7.06		1,039		$	7.30
Granted		100		$	8.48		94		$	8.48
Exercised or released		(291	)	$	7.31		(72	)	$	7.44
Expired or canceled		(36	)	$	6.81		(3	)	$	6.36

Outstanding at March 31, 2015		5,375		$	7.07		1,058		$	7.40

Exercisable at March 31, 2015		2,266		$	6.85

(1)	Represents weighted average market value of the shares; awards are granted at no cost to the recipients.

Earnings Per Share

3 Months Ended

Mar. 31, 2015

Earnings Per Share [Abstract]

Earnings Per Share

11.

Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share from continuing operations for the three months ended March 31, 2015 and 2014 (in thousands, except per share data).


	Three Months Ended March 31,
	2015		2014
Numerator:
Income from continuing operations after income tax expense	$	19,503	$	18,026


Denominator:
Basic
Weighted average common shares outstanding		48,146		48,182


Diluted
Stock options (1)		778		865
Restricted stock awards (1)		358		414
Contingent shares (2)		95		100
Convertible senior subordinated notes (3)		2,008		3,057

Diluted weighted average common shares outstanding		51,385		52,618


Basic earnings per share from continuing operations	$	0.41	$	0.37


Diluted earnings per share from continuing operations	$	0.38	$	0.34

(1)	A total of 1.0 million and 0.3 million stock-based awards were excluded from the calculation of diluted earnings per share for the three months ended March 31, 2015 and 2014, respectively, as their effect would be anti-dilutive.

(2)	Contingent shares represent additional shares to be issued for purchase price earned by former owners of businesses acquired by CBIZ.

(3)	The dilutive impact of potential shares to be issued upon conversion of the 2010 Notes is based on the average share price of $8.74 and $8.98 for the three months ended March 31, 2015 and 2014, respectively, which exceeded the conversion price of $7.41.

Acquisitions

3 Months Ended

Mar. 31, 2015

Business Combinations [Abstract]

Acquisitions

12.

Acquisitions

The cost of an acquisition is measured at the fair value of the consideration transferred, including contingent consideration. Acquisition-related costs are recognized as an expense in the period in which they are incurred. The identifiable assets acquired, liabilities assumed and contingent consideration are measured at their fair values at the date of acquisition. Goodwill is measured as the excess of the aggregate of the consideration transferred over the net of the amounts of identifiable assets acquired and liabilities assumed. A significant portion of the goodwill is deductible for income tax purposes. The operating results of acquired businesses are included in the accompanying consolidated financial statements beginning on the date of acquisition.

First quarter 2015

During the first quarter of 2015, CBIZ completed one acquisition described below for approximately $5.5 million aggregate net cash consideration and $4.2 million in contingent consideration. Pro forma results of operations have not been presented because the effect of the acquisition was insignificant to the Company’s income from continuing operations. CBIZ also purchased two client lists, which are reported in the Employee Services practice group. Total consideration for these client lists was $0.1 million cash paid at closing and $0.3 million in guaranteed future consideration.

•

Effective March 1, 2015, CBIZ acquired Model Consulting, Inc. (“Model”), located in Trevose, Pennsylvania. Model provides employee benefit consulting services to mid-sized companies in the Philadelphia and Southern New Jersey markets. Annualized revenue attributable to Model is estimated to be approximately $4.2 million. Operating results attributable to Model are reported in the Employee Services practice group.

First quarter 2014

During the first quarter of 2014, CBIZ completed three acquisitions for approximately $16.5 million aggregate net cash consideration, $1.9 million in CBIZ common stock and $10.2 million in contingent consideration.

•

Effective January 1, 2014, CBIZ acquired Clearview National Partners, LLC (“Clearview”), located in Waltham, Massachusetts. Clearview is a specialized employee benefits broker focused on providing employee benefit solutions to clients with more than 100 employees. Operating results attributable to Clearview are reported in the Employee Services practice group.

•

Effective January 1, 2014, CBIZ acquired Centric Insurance Agency (“Centric”), located in New Providence, New Jersey. Centric is an insurance broker providing property and casualty insurance, with a specialty in education and public schools. Operating results attributable to Centric are reported in the Employee Services practice group.

•

Effective February 1, 2014, CBIZ acquired Lewis Birch & Richardo, LLC (“LBR”), located in Tampa Bay, Florida. LBR is a professional tax, accounting and consulting service provider with significant experience and expertise in matrimonial and family law litigation support, not-for-profit entities and health care provider services. Operating results attributable to LBR are reported in the Financial Services practice group.

Aggregate purchase price

The estimated fair values of the assets acquired and the liabilities assumed during the three months ended March 31, 2015 and 2014, respectively, are as follows (in thousands):


	Three Months Ended March 31,
	2015		2014
Cash	$	—	$	131
Accounts receivable, net		—		1,555
Work in process, net		—		900
Other assets		—		110
Identifiable intangible assets		2,844		5,803
Current liabilities		—		(485	)

Total identifiable net assets	$	2,844	$	8,014
Goodwill		6,865		20,610

Aggregate purchase price	$	9,709	$	28,624

The goodwill of $6.9 million arising from the acquisition in the first quarter of 2015 consists largely of expected future earnings and cash flow from the existing management team, as well as the synergies created by the integration of the new business within the CBIZ organization, including cross-selling opportunities expected with the Company’s Employee Services and Financial Services practice groups, to help strengthen the Company’s existing service offerings and expand market position. All of the goodwill recognized is deductible for income tax purposes.

The goodwill of $6.9 million arising from the acquisition in the first quarter of 2015 is reported under the Employee Services operating segment. Of the $20.6 million of goodwill arising from acquisitions closed during the first quarter of 2014, $8.9 million is reported under the Financial Services operating segment and $11.7 million is reported under the Employee Services operating segment.

Contingent purchase price liability

Under the terms of each of the acquisition agreements, a portion of the purchase price is contingent on future performance of the business acquired. Utilizing a probability weighted income approach, CBIZ determined that the fair value of the contingent consideration arrangements was $4.2 million, of which $1.6 million was recorded in “Contingent purchase price liability – current” and $2.6 million was recorded in “Contingent purchase price liability – non-current” in the accompanying Consolidated Balance Sheets at March 31, 2015.

Change in contingent purchase price liability related to prior acquisitions

During the first quarter of 2015, CBIZ reduced the fair value of the contingent purchase price liability related to prior acquisitions by $1.5 million due to lower than originally projected future results of the acquired businesses. During the same period in 2014, CBIZ reduced the fair value of the contingent purchase price liability related to prior acquisitions by $1.0 million due to lower than originally projected future results of the acquired businesses. These reductions are included in “Other income (expense), net” in the accompanying Consolidated Statements of Comprehensive Income.

Contingent earnouts related to prior acquisitions

During the first quarter of 2015, CBIZ paid $3.3 million in cash and issued approximately 59,000 shares of CBIZ common stock as contingent earnouts for previous acquisitions. During the same period in 2014, CBIZ paid $1.5 million in cash as contingent earnouts for previous acquisitions.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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+ Details

Discontinued Operations and Divestitures

3 Months Ended

Mar. 31, 2015

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations and Divestitures

13.

Discontinued Operations and Divestitures

CBIZ has divested, through sale or closure, business operations that do not contribute to the Company’s long-term objectives for growth or that are not complementary to its target service offerings and markets. Divestitures are classified as discontinued operations provided they meet the criteria as provided in Financial Accounting Standards Board (“FASB”) Accounting Standard Update (“ASU”) No. 2014-08, “Reporting Discontinued Operations and Disclosures of Disposals of an Entity (Topic 360)” which was effective January 1, 2015. Discontinued operations through December 31, 2014 followed the criteria in FASB Accounting Standards Codification 205 “Presentation of Financial Statements – Discontinued Operations – Other Presentation Matters.”

Discontinued Operations

Revenue and results from operations of discontinued operations are separately reported as “Loss from operations of discontinued operations, net of tax” in the accompanying Consolidated Statements of Comprehensive Income. For the three months ended March 31, 2015, the loss on operations of discontinued operations represents the results from the operations of two small businesses under the Financial Services segment that were discontinued in December 2014. For the three months ended March, 31 2014, the loss on operations of discontinued operations represents the results from operations of the two businesses mentioned above as well as the Company’s property tax business located in Leawood, Kansas that was discontinued in December 2013 and subsequently sold on June 1, 2014.

Revenue and results from operations of discontinued operations for the three months ended March 31, 2015 and 2014 were as follows (in thousands):


	Three Months Ended March 31,
	2015			2014
Revenue	$	3,516		$	4,145

Loss from operations of discontinued operations, before income tax benefit	$	(516	)	$	(536	)
Income tax benefit		(181	)		(273	)

Loss from operations of discontinued operations, net of tax	$	(335	)	$	(263	)

Losses from the sale of discontinued operations are recorded as “Loss on disposal of discontinued operations, net of tax”, in the accompanying Consolidated Statements of Comprehensive Income. In addition, proceeds that are contingent upon a divested operation’s actual future performance are recorded as “Loss on disposal of discontinued operations, net of tax” in the period they are earned. During the three months ended March 31, 2015, CBIZ did not sell any operations.

During the first quarters of 2015 and 2014, CBIZ did not discontinue the operations of any of its businesses and did not sell any operations. For the three months ended March 31, 2014, the loss recorded in disposal of discontinued operations represented the finalization of the working capital adjustment related to the sale of CBIZ’s Medical Management Professionals’ practice group that was sold in August of 2013.

For the three months ended March 31, 2015 and 2014, losses on the disposal of discontinued operations were as follows (in thousands):


	Three Months Ended March 31,
	2015		2014
Loss on disposal of discontinued operations, before income tax benefit	$	—	$	(874	)
Income tax benefit		—		(400	)

Loss on disposal of discontinued operations, net of tax	$	—	$	(474	)

At March 31, 2015 and December 31, 2014, the assets and liabilities of businesses classified as discontinued operations were reported separately in the accompanying consolidated financial statements and consisted of the following (in thousands):


	March 31, 2015		December 31, 2014
Assets:
Accounts receivable, net	$	5,222	$	4,699
Other assets		526		530

Assets of discontinued operations	$	5,748	$	5,229


Liabilities:
Accounts payable	$	314	$	388
Accrued personnel		498		591
Accrued expenses		319		324

Liabilities of discontinued operations	$	1,131	$	1,303

Divestitures

Gains and losses from divested operations and assets that do not qualify for treatment as discontinued operations are recorded as “Gain on sale of operations, net” in the accompanying Consolidated Statements of Comprehensive Income.

- Definition

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

+ References

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+ Details

Segment Disclosures

3 Months Ended

Mar. 31, 2015

Segment Reporting [Abstract]

Segment Disclosures

14.

Segment Disclosures

CBIZ’s business units have been aggregated into three practice groups: Financial Services, Employee Services and National Practices. The business units have been aggregated based on the following factors: similarity of the products and services provided to clients; similarity of the regulatory environment in which they operate; and similarity of economic conditions affecting long-term performance. The business units are managed along these segment lines. A general description of services provided by each practice group is provided in the table below.

Financial Services

•

Accounting

•

Tax

•

Government Health Care Consulting

•

Financial Advisory

•

Valuation

•

Litigation Support

•

Risk Advisory Services

•

Real Estate Advisory

Employee Services

•

Employee Benefits

•

Property & Casualty

•

Retirement Plan Services

•

Payroll Services

•

Life Insurance

•

Human Capital Services

•

Compensation Consulting

•

Executive Recruiting

•

Actuarial Services

National Practices

•

Managed Networking and Hardware Services

•

Health Care Consulting

Corporate and Other. Included in “Corporate and Other” are operating expenses that are not directly allocated to the individual business units. These expenses are primarily comprised of certain health care costs, gains or losses attributable to assets held in the Company’s deferred compensation plan, share-based compensation, consolidation and integration charges, certain professional fees, certain advertising costs and other various expenses.

Accounting policies of the practice groups are the same as those described in Note 1 to the Annual Report on Form 10-K for the year ended December 31, 2014. Upon consolidation, intercompany accounts and transactions are eliminated, thus inter-segment revenue is not included in the measure of profit or loss for the practice groups. Performance of the practice groups is evaluated on operating income excluding those costs listed above, which are reported in “Corporate and Other.”

Segment information for the three months ended March 31, 2015 was as follows (in thousands):


	Three Months Ended March 31, 2015
	Financial Services		Employee Services			National Practices		Corporate and Other			Total
Revenue	$	143,832	$	62,651		$	7,383	$	—		$	213,866
Operating expenses		108,618		51,528			6,601		4,117			170,864

Gross margin		35,214		11,123			782		(4,117	)		43,002
Corporate general & admin		—		—			—		9,865			9,865

Operating income (loss)		35,214		11,123			782		(13,982	)		33,137
Other income (expense):
Interest expense		—		(9	)		—		(2,968	)		(2,977	)
Gain on sale of operations, net		—		—			—		56			56
Other income, net		99		117			—		2,643			2,859

Total other income (loss)		99		108			—		(269	)		(62	)

Income (loss) from continuing operations before income tax expense	$	35,313	$	11,231		$	782	$	(14,251	)	$	33,075


	Three Months Ended March 31, 2014
	Financial Services		Employee Services			National Practices		Corporate and Other			Total
Revenue	$	141,238	$	56,109		$	7,379	$	—		$	204,726
Operating expenses		105,762		45,735			6,634		3,807			161,938

Gross margin		35,476		10,374			745		(3,807	)		42,788
Corporate general & admin		—		—			—		10,198			10,198

Operating income (loss)		35,476		10,374			745		(14,005	)		32,590
Other income (expense):
Interest expense		—		(8	)		—		(3,425	)		(3,433	)
Gain on sale of operations, net		—		—			—		8			8
Other income, net		99		286			—		1,590			1,975

Total other income (expense)		99		278			—		(1,827	)		(1,450	)

Income (loss) from continuing operations before income tax expense	$	35,575	$	10,652		$	745	$	(15,832	)	$	31,140

- Definition

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

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
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+ Details

New Accounting Pronouncements

3 Months Ended

Mar. 31, 2015

Accounting Changes and Error Corrections [Abstract]

New Accounting Pronouncements

15.

New Accounting Pronouncements

In May 2014, the FASB issued ASU No. 2014-09 (“ASU 2014-09”), “Revenue from Contracts with Customers (Topic 606).” ASU 2014-09 provides a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance, including industry specific guidance. ASU 2014-09 will require entities to recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU 2014-09 is effective for annual reporting periods beginning after December 31, 2016, including interim periods. CBIZ will have the option to apply the provisions of ASU 2014-09 either retrospectively to each reporting period presented, or retrospectively with the cumulative effect of applying this standard at the date of initial application. Early adoption is not permitted. CBIZ is currently evaluating the method of adoption and the impact that ASU 2014-09 will have on CBIZ’s consolidated financial statements.

In April 2015, the FASB issued ASU No. 2015-03, Interest – Imputation of Interest, which requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance of debt issuance costs are not affected by the amendments in this update. The standard will be effective for the Company beginning in the first quarter of 2016 and requires the Company to apply the new guidance on a retrospective basis on adoption. At March 31, 2015, the Company had $1.2 million of unamortized debt issue costs classified within other assets.

- Definition

The entire disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Change in Accounting Principle
-URI http://asc.fasb.org/extlink&oid=6507316

Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Glossary Direct Effects of a Change in Accounting Principle
-URI http://asc.fasb.org/extlink&oid=6510796

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-Name Accounting Standards Codification
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-Publisher FASB
-Name Accounting Standards Codification
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-Name Accounting Standards Codification
-Topic 270
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-Paragraph 1
-Subparagraph (SX 210.10-01.(b)(6))
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-Name Accounting Standards Codification
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Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 01
-Paragraph b
-Subparagraph 6
-Article 10

+ Details

Subsequent Events

3 Months Ended

Mar. 31, 2015

Subsequent Events [Abstract]

Subsequent Events

16.

Subsequent Events

Subsequent to March 31, 2015 up to the date of this filing, CBIZ repurchased approximately 113 thousand shares in the open market at a total cost of approximately $1.0 million.

Accounts Receivable, Net (Tables)

3 Months Ended

Mar. 31, 2015

Receivables [Abstract]

Accounts Receivable, Net

Accounts receivable, net balances at March 31, 2015 and December 31, 2014 were as follows (in thousands):


	March 31, 2015			December 31, 2014
Trade accounts receivable	$	117,672		$	107,174
Unbilled revenue		82,364			47,789

Total accounts receivable		200,036			154,963
Allowance for doubtful accounts		(11,552	)		(11,915	)

Accounts receivable, net	$	188,484		$	143,048

Goodwill and Other Intangible Assets, Net (Tables)

3 Months Ended

Mar. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Components of Goodwill and Other Intangible Assets, Net

The components of goodwill and other intangible assets, net at March 31, 2015 and December 31, 2014 were as follows (in thousands):


	March 31, 2015			December 31, 2014
Goodwill	$	442,276		$	435,231
Intangible assets:
Client lists		143,201			140,187
Other intangible assets		6,589			6,482

Total intangible assets		149,790			146,669

Total goodwill and intangibles assets		592,066			581,900
Accumulated amortization:
Client lists		(57,576	)		(54,213	)
Other intangible assets		(1,372	)		(1,225	)

Total accumulated amortization		(58,948	)		(55,438	)

Goodwill and other intangible assets, net	$	533,118		$	526,462

Depreciation and Amortization (Tables)

3 Months Ended

Mar. 31, 2015

Text Block [Abstract]

Depreciation and Amortization Expense for Property and Equipment and Intangible Assets

Depreciation and amortization expense for property and equipment and intangible assets for the three months ended March 31, 2015 and 2014 was as follows (in thousands):


	Three Months Ended March 31,
	2015		2014

Operating expenses	$	4,891	$	4,584
Corporate general and administrative expenses		96		116

Total depreciation and amortization expense	$	4,987	$	4,700

Debt and Financing Arrangements (Tables)

3 Months Ended

Mar. 31, 2015

Summary of Unsecured Credit Facility

Rates for the three months ended March 31, 2015 and 2014 (with respect to the Company’s prior credit facility which was terminated on July 28, 2014) were as follows:


	Three Months Ended March 31,
	2015	2014
Weighted average rates	2.21%	2.69%

Range of effective rates	1.88% - 3.25%	1.87% - 3.41%

Summary of Recognized Interest Expense on 2010 Notes and 2006 Notes

During the three months ended March 31, 2015 and 2014, CBIZ recognized interest expense on the 2010 Notes and 2006 Notes as follows (in thousands):


	Three Months Ended March 31,
	2015		2014
Contractual coupon interest	$	1,196	$	1,590
Amortization of discount		595		736
Amortization of deferred financing costs		135		180

Total interest expense	$	1,926	$	2,506

2010 Convertible Senior Subordinated Notes [Member]

Summary of Carrying Amount of Debt and Equity Components

The carrying amount of the 2010 Notes at March 31, 2015 and December 31, 2014 were as follows (in thousands):


	March 31, 2015			December 31, 2014
Principal amount of notes	$	97,650		$	97,650
Unamortized discount		(1,235	)		(1,831	)

Net carrying amount	$	96,415		$	95,819

Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2015

Investments, All Other Investments [Abstract]

Summary of Bond Activity

The following table summarizes CBIZ’s bond activity for the three months ended March 31, 2015 and the twelve months ended December 31, 2014 (in thousands):


	Three Months Ended March 31, 2015			Twelve Months Ended December 31, 2014

Fair value at beginning of period	$	38,399		$	30,011
Purchases		3,531			14,089
Sales		—			(245	)
Maturities and calls		(3,704	)		(6,426	)
Increase in bond premium		(19	)		1,155
Fair market value adjustment		178			(185	)


Fair value at end of period	$	38,385		$	38,399

Summary of Outstanding Interest Rate Swap

The following table summarizes CBIZ’s outstanding interest rate swap and its classification in the accompanying Consolidated Balance Sheets at March 31, 2015 and December 31, 2014 (in thousands).


	March 31, 2015
	Notional Amount		Fair Value (2)			Balance Sheet Location

Interest rate swap (1)	$	25,000	$	(55	)	Other current liabilities


	December 31, 2014
	Notional Amount		Fair Value (2)			Balance Sheet Location

Interest rate swap (1)	$	25,000	$	(126	)	Other current liabilities

(1)	Represents interest rate swap with a notional value of $25 million which will expire in June 2015. Under the terms of the interest rate swap, CBIZ pays interest at a fixed rate of 1.41% plus applicable margin as stated in the agreement, and received interest that varied with the three-month LIBOR.

(2)	See additional disclosures regarding fair value measurements in Note 8.

Summary of Effects of Interest Rate Swap


	Gain recognized in AOCL, net of tax				Loss reclassified from AOCL into expense
	Three Months Ended March 31,				Three Months Ended March 31,
	2015		2014		2015		2014

Interest rate swap	$	45	$	56	$	73	$	117

Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2015

Fair Value Disclosures [Abstract]

Summary of Assets and Liabilities Measured at Fair Value on a Recurring Basis


	Level	March 31, 2015			December 31, 2014

Deferred compensation plan assets	1	$	64,267		$	60,290
Corporate bonds	1	$	38,385		$	38,399
Interest rate swap	2	$	(55	)	$	(126	)
Contingent purchase price liabilities	3	$	(32,318	)	$	(33,368	)

Change in Level 3 Fair Values of Contingent Purchase Price Liability

The following table summarizes the change in Level 3 fair values of the Company’s contingent purchase price liability for the three months ended March 31, 2015 and 2014 (pre-tax basis) (in thousands):


	2015			2014

Beginning balance – January 1	$	(33,368	)	$	(25,196	)
Additions from business acquisitions		(4,186	)		(10,191	)
Settlement of contingent purchase price liabilities		3,829			1,494
Change in fair value of contingencies		1,445			959
Change in net present value of contingencies		(38	)		(19	)

Ending balance – March 31	$	(32,318	)	$	(32,953	)

Financial Instruments

The following table presents financial instruments that are not carried at fair value but which require fair value disclosure as of March 31, 2015 and December 31, 2014 (in thousands):


	March 31, 2015				December 31, 2014
	Carrying Value		Fair Value		Carrying Value		Fair Value

2006 Notes	$	750	$	750	$	750	$	750
2010 Notes	$	96,415	$	124,477	$	95,819	$	118,157

Other Comprehensive Income (Tables)

3 Months Ended

Mar. 31, 2015

Equity [Abstract]

Summary of Other Comprehensive Income (Loss) and Tax Impact


	Three Months Ended March 31,
	2015			2014
Net unrealized gain (loss) on available-for-sale securities, net of income tax expense (benefit) of $71 and $(11), respectively	$	107		$	(33	)
Net unrealized gain on interest rate swaps, net of income tax expense of $26 and $33, respectively		45			56
Foreign currency translation		(14	)		(14	)

Total other comprehensive income	$	138		$	9

Employer Share Plans (Tables)

3 Months Ended

Mar. 31, 2015

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

Schedule of Share-Based Compensation Awards

Compensation expense for stock-based awards recognized during the three months ended March 31, 2015 and 2014 was as follows (in thousands):


	Three Months Ended March 31,
	2015		2014
Stock options	$	841	$	649
Restricted stock awards		781		741

Total stock-based compensation expense	$	1,622	$	1,390

Stock Award Activity

Stock award activity during the three months ended March 31, 2015 was as follows (in thousands, except per share data):


	Stock Options					Restricted Stock Awards
	Number of Options			Weighted Average Exercise Price Per Share		Number of Shares			Weighted Average Grant-Date Fair Value (1)
Outstanding at beginning of year		5,602		$	7.06		1,039		$	7.30
Granted		100		$	8.48		94		$	8.48
Exercised or released		(291	)	$	7.31		(72	)	$	7.44
Expired or canceled		(36	)	$	6.81		(3	)	$	6.36

Outstanding at March 31, 2015		5,375		$	7.07		1,058		$	7.40

Exercisable at March 31, 2015		2,266		$	6.85

(1)	Represents weighted average market value of the shares; awards are granted at no cost to the recipients.

Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2015

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Share for Continuing Operations


	Three Months Ended March 31,
	2015		2014
Numerator:
Income from continuing operations after income tax expense	$	19,503	$	18,026


Denominator:
Basic
Weighted average common shares outstanding		48,146		48,182


Diluted
Stock options (1)		778		865
Restricted stock awards (1)		358		414
Contingent shares (2)		95		100
Convertible senior subordinated notes (3)		2,008		3,057

Diluted weighted average common shares outstanding		51,385		52,618


Basic earnings per share from continuing operations	$	0.41	$	0.37


Diluted earnings per share from continuing operations	$	0.38	$	0.34

(1)	A total of 1.0 million and 0.3 million stock-based awards were excluded from the calculation of diluted earnings per share for the three months ended March 31, 2015 and 2014, respectively, as their effect would be anti-dilutive.

(2)	Contingent shares represent additional shares to be issued for purchase price earned by former owners of businesses acquired by CBIZ.

(3)	The dilutive impact of potential shares to be issued upon conversion of the 2010 Notes is based on the average share price of $8.74 and $8.98 for the three months ended March 31, 2015 and 2014, respectively, which exceeded the conversion price of $7.41.

Acquisitions (Tables)

3 Months Ended

Mar. 31, 2015

Business Combinations [Abstract]

Schedule of Estimated Fair Values of Assets Acquired and Liabilities Assumed

The estimated fair values of the assets acquired and the liabilities assumed during the three months ended March 31, 2015 and 2014, respectively, are as follows (in thousands):


	Three Months Ended March 31,
	2015		2014
Cash	$	—	$	131
Accounts receivable, net		—		1,555
Work in process, net		—		900
Other assets		—		110
Identifiable intangible assets		2,844		5,803
Current liabilities		—		(485	)

Total identifiable net assets	$	2,844	$	8,014
Goodwill		6,865		20,610

Aggregate purchase price	$	9,709	$	28,624

Discontinued Operations and Divestitures (Tables)

3 Months Ended

Mar. 31, 2015

Loss on Disposals of Discontinued Operations

For the three months ended March 31, 2015 and 2014, losses on the disposal of discontinued operations were as follows (in thousands):


	Three Months Ended March 31,
	2015		2014
Loss on disposal of discontinued operations, before income tax benefit	$	—	$	(874	)
Income tax benefit		—		(400	)

Loss on disposal of discontinued operations, net of tax	$	—	$	(474	)

Discontinued Operations [Member]

Loss from Discontinued Operations, Net of Tax

Revenue and results from operations of discontinued operations for the three months ended March 31, 2015 and 2014 were as follows (in thousands):


	Three Months Ended March 31,
	2015			2014
Revenue	$	3,516		$	4,145

Loss from operations of discontinued operations, before income tax benefit	$	(516	)	$	(536	)
Income tax benefit		(181	)		(273	)

Loss from operations of discontinued operations, net of tax	$	(335	)	$	(263	)

Assets and Liabilities


	March 31, 2015		December 31, 2014
Assets:
Accounts receivable, net	$	5,222	$	4,699
Other assets		526		530

Assets of discontinued operations	$	5,748	$	5,229


Liabilities:
Accounts payable	$	314	$	388
Accrued personnel		498		591
Accrued expenses		319		324

Liabilities of discontinued operations	$	1,131	$	1,303

Segment Disclosures (Tables)

3 Months Ended

Mar. 31, 2015

Segment Reporting [Abstract]

Summary of Segment Information

Segment information for the three months ended March 31, 2015 was as follows (in thousands):


	Three Months Ended March 31, 2015
	Financial Services		Employee Services			National Practices		Corporate and Other			Total
Revenue	$	143,832	$	62,651		$	7,383	$	—		$	213,866
Operating expenses		108,618		51,528			6,601		4,117			170,864

Gross margin		35,214		11,123			782		(4,117	)		43,002
Corporate general & admin		—		—			—		9,865			9,865

Operating income (loss)		35,214		11,123			782		(13,982	)		33,137
Other income (expense):
Interest expense		—		(9	)		—		(2,968	)		(2,977	)
Gain on sale of operations, net		—		—			—		56			56
Other income, net		99		117			—		2,643			2,859

Total other income (loss)		99		108			—		(269	)		(62	)

Income (loss) from continuing operations before income tax expense	$	35,313	$	11,231		$	782	$	(14,251	)	$	33,075


	Three Months Ended March 31, 2014
	Financial Services		Employee Services			National Practices		Corporate and Other			Total
Revenue	$	141,238	$	56,109		$	7,379	$	—		$	204,726
Operating expenses		105,762		45,735			6,634		3,807			161,938

Gross margin		35,476		10,374			745		(3,807	)		42,788
Corporate general & admin		—		—			—		10,198			10,198

Operating income (loss)		35,476		10,374			745		(14,005	)		32,590
Other income (expense):
Interest expense		—		(8	)		—		(3,425	)		(3,433	)
Gain on sale of operations, net		—		—			—		8			8
Other income, net		99		286			—		1,590			1,975

Total other income (expense)		99		278			—		(1,827	)		(1,450	)

Income (loss) from continuing operations before income tax expense	$	35,575	$	10,652		$	745	$	(15,832	)	$	31,140

Accounts Receivable, Net - Accounts Receivables Net (Detail) - USD ($) $ in Thousands	Mar. 31, 2015	Dec. 31, 2014
Accounts Receivable, Net, Current [Abstract]
Trade accounts receivable	$ 117,672	$ 107,174
Unbilled revenue	82,364	47,789
Total accounts receivable	200,036	154,963
Allowance for doubtful accounts	(11,552)	(11,915)
Accounts receivable, net	$ 188,484	$ 143,048

Goodwill and Other Intangible Assets, Net - Components of Goodwill and Other Intangible Assets, Net (Detail) - USD ($) $ in Thousands	Mar. 31, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 442,276	$ 435,231
Intangible assets:
Total intangible assets	149,790	146,669
Total goodwill and intangibles assets	592,066	581,900
Accumulated amortization:
Total accumulated amortization	(58,948)	(55,438)
Goodwill and other intangible assets, net	533,118	526,462
Client Lists [Member]
Intangible assets:
Total intangible assets	143,201	140,187
Accumulated amortization:
Total accumulated amortization	(57,576)	(54,213)
Other Intangible Assets [Member]
Intangible assets:
Total intangible assets	6,589	6,482
Accumulated amortization:
Total accumulated amortization	$ (1,372)	$ (1,225)

Depreciation and Amortization - Depreciation and Amortization Expense for Property and Equipment and Intangible Assets (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Property, Plant and Equipment [Line Items]
Total depreciation and amortization expense	$ 4,987	$ 4,700
Operating Expenses [Member]
Property, Plant and Equipment [Line Items]
Total depreciation and amortization expense	4,891	4,584
Corporate General and Administrative Expenses [Member]
Property, Plant and Equipment [Line Items]
Total depreciation and amortization expense	$ 96	$ 116

Debt and Financing Arrangements - Additional Information (Detail) $ in Thousands, shares in Millions		3 Months Ended	12 Months Ended
	Sep. 27, 2010	Mar. 31, 2015 USD ($) Bank Debt	Dec. 31, 2014 USD ($) shares
Debt Instrument [Line Items]
Primary financing arrangements \| Debt		2
Number of insignificant financing arrangements \| Debt		1
Unsecured credit facility		$ 400,000
Group of participating banks \| Bank		8
Outstanding balance under applicable credit facility		$ 146,800	$ 107,400
Credit facility termination date		Jul. 28, 2014
Approximately available funds under credit facility		$ 150,300
Letter of Credit and Performance Guarantee [Member]
Debt Instrument [Line Items]
Outstanding letters of credit and performance guarantees		$ 4,200
2010 Convertible Senior Subordinated Notes [Member]
Debt Instrument [Line Items]
Interest rate on Notes		4.875%
Cash portion of retirement			$ 30,600
Shares issued in exchange for partial retirement of debt \| shares			1.5
Partial extinguishment of debt			$ 32,400
Amortized discount at annual effective rate	7.50%
Discount, period of issuance	5 years
Remaining period for amortization of discount		6 months
Aggregate outstanding principal amount		$ 97,650	$ 97,650
2006 Convertible Senior Subordinated Notes [Member]
Debt Instrument [Line Items]
Interest rate on Notes		3.125%
Aggregate outstanding principal amount		$ 750
Maturity date of notes		Jun. 01, 2026
Credit Facility With Bank of America [Member]
Debt Instrument [Line Items]
Unsecured credit facility		$ 400,000

Debt and Financing Arrangements - Summary of Carrying Amount of Debt and Equity Components (Detail) - 2010 Convertible Senior Subordinated Notes [Member] - USD ($) $ in Thousands	Mar. 31, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Principal amount of notes	$ 97,650	$ 97,650
Unamortized discount	(1,235)	(1,831)
Net carrying amount	$ 96,415	$ 95,819

Debt and Financing Arrangements - Summary of Unsecured Credit Facility (Detail)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Debt Disclosure [Abstract]
Weighted average rates	2.21%	2.69%
Range of effective rates, minimum	1.88%	1.87%
Range of effective rates, maximum	3.25%	3.41%

Debt and Financing Arrangements - Summary of Recognized Interest Expense on 2010 Notes and 2006 Notes (Detail) - Convertible Senior Subordinated Notes [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Debt Instrument [Line Items]
Contractual coupon interest	$ 1,196	$ 1,590
Amortization of discount	595	736
Amortization of deferred financing costs	135	180
Total interest expense	$ 1,926	$ 2,506

Commitments and Contingencies - Additional Information (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2015 USD ($) Plaintiff	Dec. 31, 2014 USD ($)
Commitments And Contingencies [Line Items]
License bonds outstanding amount	$ 1.9	$ 1.9
Baldino Group [Member]
Commitments And Contingencies [Line Items]
Number of Plaintiffs \| Plaintiff	2
Damages sought amount	$ 16.0
Affiliated Entity [Member] \| Financial Standby Letter of Credit [Member]
Commitments And Contingencies [Line Items]
Letters of credit outstanding	1.9	1.9
Letters of Credit [Member]
Commitments And Contingencies [Line Items]
Letters of credit outstanding	$ 2.3	$ 2.3

Financial Instruments - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Corporate and municipal bonds	$ 36.3	$ 36.4
Maturity dates of bonds, start date	2015-04
Maturity dates of bonds, end date	2019-11

Financial Instruments - Summary of Bond Activity (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Fair value at beginning of period	$ 38,399	$ 30,011
Purchases	3,531	14,089
Sales		(245)
Maturities and calls	(3,704)	(6,426)
Increase in bond premium	(19)	1,155
Fair market value adjustment	178	(185)
Fair value at end of period	$ 38,385	$ 38,399

Financial Instruments - Summary of Outstanding Interest Rate Swap (Detail) - Interest Rate Swap [Member] - Other Current and Non-Current Liabilities [Member] - USD ($) $ in Thousands	Mar. 31, 2015	Dec. 31, 2014
Derivatives, Fair Value [Line Items]
Notional Amount	$ 25,000	$ 25,000
Fair Value	$ (55)	$ (126)

Financial Instruments - Summary of Outstanding Interest Rate Swap (Parenthetical) (Detail) - Interest Rate Swap [Member] - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Derivatives, Fair Value [Line Items]
Interest rate swap, description of interest received	Interest that varied with the three-month LIBOR
Interest rate swap, fixed interest rate	1.41%	1.41%
June 2015 [Member]
Derivatives, Fair Value [Line Items]
Notional value	$ 25	$ 25
Interest rate swap, expiration date	2015-06	2015-06

Financial Instruments - Summary of Effects of Interest Rate Swap (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Derivatives, Fair Value [Line Items]
Gain recognized in AOCL, net of tax	$ 45	$ 56
Interest Rate Swap [Member] \| Interest Expense [Member]
Derivatives, Fair Value [Line Items]
Gain recognized in AOCL, net of tax	45	56
Loss reclassified from AOCL into expense	$ 73	$ 117

Fair Value Measurements - Summary of Assets and Liabilities Measured at Fair Value on a Recurring Basis (Detail) - USD ($) $ in Thousands	Mar. 31, 2015	Dec. 31, 2014	Jan. 01, 2014
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Corporate bonds	$ 38,385	$ 38,399	$ 30,011
Level 1 [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Deferred compensation plan assets	64,267	60,290
Corporate bonds	38,385	38,399
Level 2 [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Interest rate swap	(55)	(126)
Level 3 [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Contingent purchase price liabilities	$ (32,318)	$ (33,368)

Fair Value Measurements - Additional Information (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Fair Value Measurements, Inter-transfers between Levels	$ 0	$ 0
Minimum [Member]
Business Combination Contingent Consideration Liability Extended Term	3 years
Maximum [Member]
Business Combination Contingent Consideration Liability Extended Term	6 years

Fair Value Measurements - Change in Level 3 Fair Values of Contingent Purchase Price Liability (Detail) - Level 3 [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance	$ (33,368)
Ending balance	(32,318)
Contingent Purchase Price Payable [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance	(33,368)	$ (25,196)
Additions from business acquisitions	(4,186)	(10,191)
Settlement of contingent purchase price liabilities	3,829	1,494
Change in fair value of contingencies	1,445	959
Change in net present value of contingencies	(38)	(19)
Ending balance	$ (32,318)	$ (32,953)

Fair Value Measurements - Financial Instruments (Detail) - USD ($) $ in Thousands	Mar. 31, 2015	Dec. 31, 2014
2006 Convertible Senior Subordinated Notes [Member]
Fair Value Assets Measured On Recurring Basis Unobservable Input [Line Items]
Carrying Value	$ 750	$ 750
Fair Value	750	750
2010 Convertible Senior Subordinated Notes [Member]
Fair Value Assets Measured On Recurring Basis Unobservable Input [Line Items]
Carrying Value	96,415	95,819
Fair Value	$ 124,477	$ 118,157

Other Comprehensive Income - Summary of Other Comprehensive Income (Loss) and Tax Impact (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Net unrealized gain (loss) on available-for-sale securities, net of income tax expense (benefit) of $71 and $(11), respectively	$ 107	$ (33)
Net unrealized gain on interest rate swaps, net of income tax expense of $26 and $33, respectively	45	56
Foreign currency translation	(14)	(14)
Total other comprehensive income	$ 138	$ 9

Other Comprehensive Income - Summary of Other Comprehensive Income (Loss) and Tax Impact (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Unrealized gain loss on available for sale securities, income tax expense (benefit)	$ 71	$ (11)
Unrealized gain on interest rate swaps, income tax expense	$ 26	$ 33

Other Comprehensive Income - Additional Information (Detail) - USD ($) $ in Thousands	Mar. 31, 2015	Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated other comprehensive loss	$ 557	$ 695

- Definition

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

+ References + Details

Employer Share Plans - Additional Information (Detail) shares in Millions	3 Months Ended
	Mar. 31, 2015 shares
Stock Based Compensation [Line Items]
Stock awards expiry	2024
Restricted Stock Awards [Member]
Stock Based Compensation [Line Items]
Maximum stock based compensation awards granted under the plan	9.6

Employer Share Plans - Schedule of Share-Based Compensation Awards (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Compensation and Retirement Disclosure [Abstract]
Stock options	$ 841	$ 649
Restricted stock awards	781	741
Total stock-based compensation expense	$ 1,622	$ 1,390

Employer Share Plans - Stock Award Activity (Detail) shares in Thousands	3 Months Ended
	Mar. 31, 2015 $ / shares shares
Stock Based Compensation [Line Items]
Outstanding Beginning balance, Number of Options \| shares	5,602
Granted, Number of Options \| shares	100
Exercised or released, Number of Options \| shares	(291)
Expired or canceled, Number of Options \| shares	(36)
Outstanding Ending balance, Number of Options \| shares	5,375
Exercisable Ending balance, Number of Options \| shares	2,266
Outstanding beginning balance, Weighted Average Exercise Price Per Share \| $ / shares	$ 7.06
Granted, Weighted Average Exercise Price Per Share \| $ / shares	8.48
Exercised or released, Weighted Average Exercise Price Per Share \| $ / shares	7.31
Expired or canceled, Weighted Average Exercise Price Per Share \| $ / shares	6.81
Outstanding Ending balance, Weighted Average Exercise Price Per Share \| $ / shares	7.07
Exercisable Ending balance, Weighted Average Exercise Price \| $ / shares	$ 6.85
Restricted Stock Awards [Member]
Stock Based Compensation [Line Items]
Outstanding Beginning balance, Number of Shares \| shares	1,039
Granted, Number of Shares \| shares	94
Exercised or released, Number of Shares \| shares	(72)
Expired or canceled, Number of Shares \| shares	(3)
Outstanding Ending balance, Number of Shares \| shares	1,058
Outstanding beginning balance, Weighted Average Grant-Date Fair Value \| $ / shares	$ 7.30
Granted, Weighted Average Grant-Date Fair Value \| $ / shares	8.48
Exercised or released, Weighted Average Grant-Date Fair Value \| $ / shares	7.44
Expired or canceled, Weighted Average Grant-Date Fair Value \| $ / shares	6.36
Outstanding ending balance, Weighted Average Grant-Date Fair Value \| $ / shares	$ 7.40

Earnings Per Share - Computation of Basic and Diluted Earnings Per Share for Continuing Operations (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Numerator:
Income from continuing operations after income tax expense	$ 19,503	$ 18,026
Basic
Weighted average common shares outstanding	48,146	48,182
Diluted
Stock options	778	865
Restricted stock awards	358	414
Contingent shares	95	100
Convertible senior subordinated notes	2,008	3,057
Diluted weighted average common shares outstanding	51,385	52,618
Basic earnings per share from continuing operations	$ 0.41	$ 0.37
Diluted earnings per share from continuing operations	$ 0.38	$ 0.34

Earnings Per Share - Computation of Basic and Diluted Earnings Per Share for Continuing Operations (Parenthetical) (Detail) - $ / shares shares in Millions	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Earnings Per Share [Abstract]
Stock based awards excluded from the calculation of diluted earnings per share	1.0	0.3
Dilutive impact of potential shares average share price	$ 8.74	$ 8.98
Dilutive impact of potential shares conversion price	$ 7.41

Acquisitions - Additional Information (Detail) $ in Thousands				3 Months Ended
	Mar. 01, 2015 USD ($)	Feb. 01, 2014	Jan. 01, 2014 Employees	Mar. 31, 2015 USD ($) Business Client_List shares	Mar. 31, 2014 USD ($) Business	Dec. 31, 2014 USD ($)
Business Acquisition, Contingent Consideration [Line Items]
Contingent consideration				$ 4,200
Goodwill				442,276		$ 435,231
Fair value of contingent consideration				1,500	$ 1,000
Consideration paid in cash				$ 3,300	1,500
Number of common stock issued \| shares				59,000
Contingent Purchase Price Liability Current [Member]
Business Acquisition, Contingent Consideration [Line Items]
Contingent consideration				$ 1,600
Contingent Purchase Price Liability Non-current [Member]
Business Acquisition, Contingent Consideration [Line Items]
Contingent consideration				2,600
Model Consulting, Inc [Member]
Business Acquisition, Contingent Consideration [Line Items]
Consideration paid in cash				$ 5,500
Number of businesses acquired \| Business				1
Contingent consideration				$ 4,200
Annual revenue	$ 4,200
Acquired entity, name	Model Consulting, Inc
Effective date of acquisition				Mar. 01, 2015
Clearview National Partners, L.L.C, Centric Insurance Agency and Lewis Birch & Richardo, LLC [Member]
Business Acquisition, Contingent Consideration [Line Items]
Consideration paid in cash					$ 16,500
Number of businesses acquired \| Business					3
Contingent consideration					$ 10,200
Consideration paid in common stock					1,900
Goodwill				$ 6,865	20,610
Clearview National Partners, L.L.C [Member]
Business Acquisition, Contingent Consideration [Line Items]
Acquired entity, name			Clearview National Partners, LLC
Effective date of acquisition				Jan. 01, 2014
Clearview National Partners, L.L.C [Member] \| Minimum [Member]
Business Acquisition, Contingent Consideration [Line Items]
Number of employees covered \| Employees			100
Centric Insurance Agency [Member]
Business Acquisition, Contingent Consideration [Line Items]
Acquired entity, name			Centric Insurance Agency
Effective date of acquisition				Jan. 01, 2014
Lewis Birch & Richardo, LLC [Member]
Business Acquisition, Contingent Consideration [Line Items]
Acquired entity, name		Lewis Birch & Richardo, LLC
Effective date of acquisition				Feb. 01, 2014
Acquisition of Client Lists [Member]
Business Acquisition, Contingent Consideration [Line Items]
Consideration paid in cash				$ 100
Guaranteed future consideration				$ 300
Employee Services [Member] \| Acquisition of Client Lists [Member]
Business Acquisition, Contingent Consideration [Line Items]
Number of client list purchased \| Client_List				2
Employee Services [Member] \| Clearview National Partners, L.L.C, Centric Insurance Agency and Lewis Birch & Richardo, LLC [Member]
Business Acquisition, Contingent Consideration [Line Items]
Goodwill				$ 6,900	11,700
Financial Services [Member] \| Clearview National Partners, L.L.C, Centric Insurance Agency and Lewis Birch & Richardo, LLC [Member]
Business Acquisition, Contingent Consideration [Line Items]
Goodwill					$ 8,900

Acquisitions - Schedule of Estimated Fair Values of Assets Acquired and Liabilities Assumed (Detail) - USD ($) $ in Thousands	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014
Business Acquisition [Line Items]
Goodwill	$ 442,276	$ 435,231
Clearview National Partners, L.L.C, Centric Insurance Agency and Lewis Birch & Richardo, LLC [Member]
Business Acquisition [Line Items]
Cash			$ 131
Accounts receivable, net			1,555
Work in process, net			900
Other assets			110
Identifiable intangible assets	2,844		5,803
Current liabilities			(485)
Total identifiable net assets	2,844		8,014
Goodwill	6,865		20,610
Aggregate purchase price	$ 9,709		$ 28,624

Discontinued Operations and Divestitures - Additional Information (Detail)	1 Months Ended	3 Months Ended
	Dec. 31, 2014 Office	Mar. 31, 2015 Operations	Mar. 31, 2014 Operations
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations, Number of Operations Sold	2	0	0

Discontinued Operations and Divestitures - Loss from Discontinued Operations, Net of Tax (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]
Revenue	$ 3,516	$ 4,145
Loss from operations of discontinued operations, before income tax benefit	(516)	(536)
Income tax benefit	(181)	(273)
Loss from operations of discontinued operations, net of tax	$ (335)	$ (263)

Discontinued Operations and Divestitures - Loss on Disposals of Discontinued Operations (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2014 USD ($)
Discontinued Operations and Disposal Groups [Abstract]
Loss on disposal of discontinued operations, before income tax benefit	$ (874)
Income tax benefit	(400)
Loss on disposal of discontinued operations, net of tax	$ (474)

Discontinued Operations and Divestitures - Assets and Liabilities (Detail) - USD ($) $ in Thousands	Mar. 31, 2015	Dec. 31, 2014
Assets:
Accounts receivable, net	$ 5,222	$ 4,699
Other assets	526	530
Assets of discontinued operations	5,748	5,229
Liabilities:
Accounts payable	314	388
Accrued personnel	498	591
Accrued expenses	319	324
Liabilities of discontinued operations	$ 1,131	$ 1,303

Segment Disclosures - Additional Information (Detail)	3 Months Ended
Segment Disclosures - Additional Information (Detail)	Mar. 31, 2015 Practice_Groups
Segment Reporting [Abstract]
Number of business units of the company	3

Segment Disclosures - Summary of Segment Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Segment Reporting Information [Line Items]
Revenue	$ 213,866	$ 204,726
Operating expenses	170,864	161,938
Gross margin	43,002	42,788
Corporate general & admin	9,865	10,198
Operating income (loss)	33,137	32,590
Other income (expense):
Interest expense	(2,977)	(3,433)
Gain on sale of operations, net	56	8
Other income, net	2,859	1,975
Total other income (expense)	(62)	(1,450)
Income (loss) from continuing operations before income tax expense	33,075	31,140
Financial Services [Member]
Segment Reporting Information [Line Items]
Revenue	143,832	141,238
Operating expenses	108,618	105,762
Gross margin	35,214	35,476
Operating income (loss)	35,214	35,476
Other income (expense):
Other income, net	99	99
Total other income (expense)	99	99
Income (loss) from continuing operations before income tax expense	35,313	35,575
Employee Services [Member]
Segment Reporting Information [Line Items]
Revenue	62,651	56,109
Operating expenses	51,528	45,735
Gross margin	11,123	10,374
Operating income (loss)	11,123	10,374
Other income (expense):
Interest expense	(9)	(8)
Other income, net	117	286
Total other income (expense)	108	278
Income (loss) from continuing operations before income tax expense	11,231	10,652
National Practices [Member]
Segment Reporting Information [Line Items]
Revenue	7,383	7,379
Operating expenses	6,601	6,634
Gross margin	782	745
Operating income (loss)	782	745
Other income (expense):
Income (loss) from continuing operations before income tax expense	782	745
Corporate and Other [Member]
Segment Reporting Information [Line Items]
Operating expenses	4,117	3,807
Gross margin	(4,117)	(3,807)
Corporate general & admin	9,865	10,198
Operating income (loss)	(13,982)	(14,005)
Other income (expense):
Interest expense	(2,968)	(3,425)
Gain on sale of operations, net	56	8
Other income, net	2,643	1,590
Total other income (expense)	(269)	(1,827)
Income (loss) from continuing operations before income tax expense	$ (14,251)	$ (15,832)

New Accounting Pronouncements - Additional Information (Detail) $ in Millions	Mar. 31, 2015 USD ($)
Adjusted Earnings Before Interest Taxes Depreciation And Amortization And Other Non Cash Items [Abstract]
Unamortized debt issue costs	$ 1.2

Subsequent Events - Additional Information (Detail) shares in Thousands, $ in Millions	1 Months Ended
	Mar. 31, 2015 USD ($) shares
Subsequent Events [Abstract]
Shares repurchased \| shares	113
Shares repurchased, value \| $	$ 1.0