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SEGMENT INFORMATION
 12 Months Ended
Dec. 27, 2013
SEGMENT INFORMATION  
SEGMENT INFORMATION

13. SEGMENT INFORMATION

        The Company has four reporting segments: Engineering Services, Energy Efficiency Services, Public Finance Services and Homeland Security Services. The Engineering Services segment consists of Willdan Engineering, Willdan Infrastructure and Public Agency Resources. The Engineering Services segment offers a broad range of engineering and planning services to our public and private sector clients. The Energy Efficiency Services segment, which consists of Willdan Energy Solutions, provides energy efficiency and sustainability consulting services to utilities, state agencies, municipalities, private industry and non-profit organizations. Prior to December 30, 2011, the energy efficiency and sustainability services were aggregated into the Engineering Services segment. Given the manner in which the chief operating decision maker reviews financial results and allocates resources, these services now compromise a separate reporting segment. Segment information for the comparable prior year period has been restated to conform to the Company's current segment presentation of four operating segments. The Public Finance Services segment, which consists of Willdan Financial Services, provides expertise and support for the various financing techniques employed by public agencies to finance their operations and infrastructure along with the mandated reporting and other requirements associated with these financings. The Homeland Security Services segment, which consists of Willdan Homeland Solutions, provides national preparedness, homeland security consulting, public safety and emergency response services to cities, related municipal service agencies and other entities.

        The accounting policies applied to determine the segment information are the same as those described in the summary of significant accounting policies. There were no intersegment sales in any of the three fiscal years ended December 27, 2013. Management evaluates the performance of each segment based upon income or loss from operations before income taxes. Certain segment asset information including expenditures for long-lived assets has not been presented as it is not reported to or reviewed by the chief operating decision maker. In addition, enterprise-wide service line contract revenue is not included as it is impracticable to report this information for each group of similar services.

        Financial information with respect to the reportable segments and reconciliation to the amounts reported in the Company's consolidated financial statements follows:

 
   Engineering
Services		   Energy
Efficiency
Services		   Public
Finance
Services		   Homeland
Security
Services		   Unallocated
Corporate(2)(3)		   Intersegment   Consolidated
Total		  

Fiscal Year 2013:

                                            

Contract revenue

   $ 35,217,000   $ 36,041,000   $ 9,845,000   $ 4,407,000   $ —   $ —   $ 85,510,000  

Depreciation and amortization

     214,000     223,000     41,000     39,000     —     —     517,000  

Interest (income) expense

     (68,000 )   (25,000 )   (3,000 )   2,000     —     —     (94,000 )

Segment profit before income tax expense

     1,125,000     710,000     535,000     392,000     —     —     2,762,000  

Income tax expense

     53,000     45,000     17,000     17,000     —     —     132,000  

Net income

     1,072,000     665,000     518,000     375,000     —     —     2,630,000  

Segment assets(1)

     10,436,000     10,305,000     3,528,000     1,406,000     35,692,000     (23,130,000 )   38,237,000  

Fiscal Year 2012:

                                            

Contract revenue

   $ 34,026,000   $ 45,549,000   $ 9,780,000   $ 4,088,000   $ —   $ —   $ 93,443,000  

Depreciation and amortization

     256,000     262,000     53,000     100,000     —     —     671,000  

Interest expense (income)

     50,000     52,000     1,000     3,000     —     —     106,000  

Segment (loss) profit before income tax expense

     (726,000 )   (19,314,000 )   930,000     (273,000 )   —     —     (19,383,000 )

Income tax (benefit) expense

     (115,000 )   (2,211,000 )   344,000     (101,000 )   —     —     (2,083,000 )

Net (loss) income

     (611,000 )   (17,103,000 )   586,000     (172,000 )   —     —     (17,300,000 )

Segment assets(1)

     9,237,000     13,256,000     3,411,000     1,371,000     37,831,000     (23,129,000 )   41,977,000  

Fiscal Year 2011:

                                            

Contract revenue

   $ 33,850,000   $ 57,731,000   $ 9,687,000   $ 5,897,000   $ —   $ —   $ 107,165,000  

Depreciation and amortization

     372,000     306,000     67,000     132,000     —     —     877,000  

Interest expense (income)

     93,000     (21,000 )   (5,000 )   10,000     —     —     77,000  

Segment (loss) profit before income tax expense

     (158,000 )   3,271,000     1,116,000     (299,000 )   (600,000 )   —     3,330,000  

Income tax expense (benefit)

     7,000     1,296,000     469,000     (67,000 )   (205,000 )   —     1,500,000  

Net (loss) income

     (165,000 )   1,975,000     647,000     (232,000 )   (395,000 )   —     1,830,000  

Segment assets(1)

     9,667,000     39,416,000     4,008,000     2,010,000     32,339,000     (23,129,000 )   64,311,000  
(1)
Segment assets are presented net of intercompany receivables.

(2)
The following sets forth the amounts included in the net loss that was Unallocated Corporate for fiscal years 2013, 2012 and 2011:

 
   2013   2012   2011  

Unallocated net loss:

                    

Income tax benefit

   $ —   $ —   $ 205,000  

Other

     —     —     (600,000 )
               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

 

   $ —   $ —   $ (395,000 )
               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
               
(3)
The following sets forth the assets that are included in Unallocated Corporate as of December 27, 2013, December 28, 2012 and December 30, 2011.

 
   2013   2012   2011  

Assets:

                    

Cash and cash equivalents, including restricted cash

   $ 7,341,000   $ 9,881,000   $ 2,378,000  

Prepaid expenses

     1,206,000     1,041,000     1,268,000  

Intercompany receivables

     114,800,000     113,615,000     117,937,000  

Other receivables

     73,000     49,000     41,000  

Equipment and leasehold improvements, net

     177,000     194,000     329,000  

Investments in subsidiaries

     23,130,000     23,130,000     23,130,000  

Other

     3,765,000     3,536,000     5,194,000  
               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

 

   $ 150,492,000   $ 151,446,000   $ 150,277,000  
               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
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