Command Center Inc., a Coeur d'Alene-based temporary staffing company, has posted second-quarter net income of $473,000, down nearly 44 percent from a net income of $843,000 in the same quarter a year ago.
Command Center reported second-quarter revenue of $23.3 million, a decline of 4 percent compared with revenue of $24.3 million in the second quarter of 2012.
Frederick "Bubba" Sandford, Command Center's president and CEO, said in a press release that the company in recent months has focused on increasing profit margins, controlling costs, and evaluating the quality of contracts it has with business clients to supply them with temporary workers.
In doing so, the company has reduced the number of what it calls "subpar accounts" it handles, the release said.
"We are evaluating the profitability and quality of both existing business relationships and potential new customers," Sandford said. "As anticipated, this has resulted in loss of some lower-margin work that otherwise would have contributed to overall revenue for the quarter, but that would have also decreased gross margins and profitability."
Command Center provides temporary workers for businesses across the U.S., mainly in the areas of light industrial, hospitality and event services, skilled trades, and disaster-related services. Command Center operates 57 branch offices in 23 states, including one at 3803 N. Division in Spokane.
For the six-month period that ended June 28, Command Center reported net income of $485,000, compared with income of $281,000, in the same period of 2012.
It posted total revenue of $43.2 million in the first half of this year, roughly on par with revenue of $43.4 million in the first six months of 2012.
In 2012, Command Center provided employment for 35,500 people who worked 5.5 million hours for more than 3,400 business clients, the press release said.