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Segment Information (Tables) | 3 Months Ended
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Mar. 31, 2025
Segment Reporting [Abstract] |
Schedule of Segment Information | The following tables provide profit information disaggregated by the Company’s reportable segments for each of the three months ended March 31, 2025 and 2024:
|  | Three Months Ended March 31, 2025
|  | Housekeeping |  | Dietary |  | Total
|  | (in thousands, except for percentages)
Revenues |  | $ | 196,338 |  |  | $ | 251,324 |  |  | $ | 447,662 |
Significant Segment Expenses |  |  |  |  |  |
Labor and labor-related 1 |  | 156,976 |  |  | 149,640 |  |  | 306,616 |
Food, chemicals and supplies |  | 13,563 |  |  | 76,009 |  |  | 89,572 |
Bad debt expense |  | 364 |  |  | 724 |  |  | 1,088 |
Depreciation and amortization expense |  | 982 |  |  | 725 |  |  | 1,707 |
Other segment items 2 |  | 3,265 |  |  | 5,133 |  |  | 8,398 |
Segment profit |  | $ | 21,188 |  |  | $ | 19,093 |  |  | $ | 40,281 |
Segment margin |  | 10.8 | % |  | 7.6 | % |  |
Unallocated expenses (income) |  |  |  |  |  |
Corporate expenses 3 |  |  |  |  |  | $ | 18,743 |
Loss on deferred compensation plan investments |  |  |  |  |  | (1,467) |
Other (income), net |  |  |  |  |  | (1,284) |
Interest expense |  |  |  |  |  | 395 |
Income before income taxes |  |  |  |  |  | $ | 23,894 |
1. Includes direct labor costs, field management costs (including certain costs included in selling, general and administrative expense), employer taxes, workers' compensation and general liability insurance. 2. Includes expenses for technology, employment advertising, travel & entertainment, professional services and various other less significant expense items. 3. Represents selling, general and administrative expense less the amounts allocated to segments for labor and benefits.
|  | Three Months Ended March 31, 2024
|  | Housekeeping |  | Dietary |  | Total
|  | (in thousands, except for percentages)
Revenues |  | $ | 190,559 |  |  | $ | 232,874 |  |  | $ | 423,433 |
Significant Segment Expenses |  |  |  |  |  |
Labor and labor-related 1 |  | 150,573 |  |  | 132,614 |  |  | 283,187 |
Food, chemicals and supplies |  | 13,830 |  |  | 73,447 |  |  | 87,277 |
Bad debt expense |  | 286 |  |  | 4,635 |  |  | 4,921 |
Depreciation and amortization expense |  | 870 |  |  | 714 |  |  | 1,584 |
Other segment items 2 |  | 3,781 |  |  | 5,201 |  |  | 8,982 |
Segment profit |  | $ | 21,219 |  |  | $ | 16,263 |  |  | $ | 37,482 |
Segment margin |  | 11.1 | % |  | 7.0 | % |  |
Unallocated expenses (income) |  |  |  |  |  |
Corporate expenses 3 |  |  |  |  |  | $ | 15,771 |
Gain on deferred compensation plan investments |  |  |  |  |  | 4,100 |
Other (income), net |  |  |  |  |  | (5,699) |
Interest expense |  |  |  |  |  | 1,996 |
Income before income taxes |  |  |  |  |  | $ | 21,314 |
1. Includes direct labor costs, field management costs (including certain costs included in selling, general and administrative expense), employer taxes, workers' compensation and general liability insurance. 2. Includes expenses for technology, employment advertising, travel & entertainment, professional services and various other less significant expense items. 3. Represents selling, general and administrative expense less the amounts allocated to segments for labor and benefits. The following table provides capital expenditures disaggregated by the Company’s reportable segments for each of the quarters ended March 31, 2025 and 2024.
|  | Three Months Ended March 31,
|  | 2025 |  | 2024
|  | (in thousands)
Capital expenditures |  |  |  |
Housekeeping |  | $ | 1,448 |  |  | $ | 1,823 |
Dietary |  | 324 |  |  | 333 |
Corporate overhead |  | 9 |  |  | 41 |
Consolidated |  | $ | 1,781 |  |  | $ | 2,197 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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