The firm also repurchased 4.6 million shares of stock during the quarter, which represented 10.8% of outstanding shares for a total of $43 million. We believe Kforce is well positioned to service our clients' increasing desire for more flexible workforce during this unique employment cycle. We remain committed to our goal to surpass prior peak earnings with a higher quality revenue stream that is less dependent upon Permanent Placement revenue.We remain confident at our highly leverageable operating model and believe that we may be the beneficiary of the secular shift towards increase flexible staffing. We anticipate continued uncertainty during this presidential election year, may positively affect demand for flexible talent.
Kforce's CEO Discusses Q3 2011 Results - Earnings Call Transcript
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