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Segment Information and Geographical Data
 12 Months Ended
Dec. 29, 2023
Segment Reporting [Abstract]  
Segment Information and Geographical Data

15. Segment Information and Geographical Data

Management has made the determination that it has three operating segments and three reportable segments: (1) Global S&BT, (2) Oracle Solutions, and (3) SAP Solutions. Global S&BT includes the results of the Company’s strategic business consulting practices; Oracle Solutions includes the results of the Company’s Oracle EPM/ERP and AMS practices; SAP Solutions includes the Company’s SAP applications and related SAP service offerings.

The Company has presented the segment information for the twelve months ended December 29, 2023, December 30, 2022, and December 31, 2021, respectively. The SAP Solutions reportable segment is the only segment that contains software license sales.

The measurement criteria for segment profit or loss are substantially the same for each reportable segment, excluding any unusual or infrequent items, if any. Segment profit consists of the revenues generated by a segment, less operating expenses that are incurred directly by the segment. Unallocated costs include corporate costs related to administrative functions that are performed in a centralized manner that are not attributable to a particular segment. Segment information related to assets has been omitted as the CODM does not receive discrete financial information regarding assets at the segment level.

 

15. Segment Information and Geographical Data (continued)

The tables below set forth information about the Company’s operating segments for the years ended December 29, 2023, December 30, 2022 and December 31, 2021 along with the items necessary to reconcile the segment information to the totals reported in the accompanying consolidated financial statements (in thousands):

 

 

 

Year Ended

 

 

 

December 29,

 

 

December 30,

 

 

December 31,

 

 

 

2023

 

 

2022

 

 

2021

 

Global S&BT:

 

 

 

 

 

 

 

 

 

Total revenue*

 

$

171,927

 

 

$

169,660

 

 

$

146,224

 

Segment profit

 

 

54,366

 

 

 

61,319

 

 

 

49,321

 

Oracle Solutions:

 

 

 

 

 

 

 

 

 

Total revenue*

 

$

77,772

 

 

$

76,320

 

 

$

74,886

 

Segment profit

 

 

18,060

 

 

 

15,335

 

 

 

15,662

 

SAP Solutions:

 

 

 

 

 

 

 

 

 

Total revenue*

 

$

46,891

 

 

$

47,762

 

 

$

57,699

 

Segment profit

 

 

11,925

 

 

 

12,827

 

 

 

18,843

 

Total Company:

 

 

 

 

 

 

 

 

 

Total revenue*

 

$

296,590

 

 

$

293,742

 

 

$

278,809

 

 

 

 

 

 

 

 

 

 

 

Total segment profit

 

$

84,351

 

 

$

89,481

 

 

$

83,826

 

Items not allocated to segment level:

 

 

 

 

 

 

 

 

 

Corporate general and administrative expenses**

 

 

19,766

 

 

 

21,180

 

 

 

22,840

 

Non-cash stock based compensation expense

 

 

10,724

 

 

 

10,267

 

 

 

10,122

 

Acquisition-related compensation expense

 

 

-

 

 

 

-

 

 

 

11

 

Depreciation and amortization

 

 

3,421

 

 

 

3,437

 

 

 

4,377

 

Restructuring and asset impairment (settlement) charge

 

 

-

 

 

 

(651

)

 

 

-

 

Legal settlement and related costs

 

 

1,178

 

 

 

-

 

 

 

-

 

Interest expense, net

 

 

3,235

 

 

 

144

 

 

 

95

 

Income from continuing operations before taxes

 

$

46,027

 

 

$

55,104

 

 

$

46,381

 

 

 

 

 

 

 

 

 

 

 

 

*Total revenue includes reimbursable expenses, which are project travel-related expenses passed through to a client with no associated operating margin.

**Corporate general and administrative expenses primarily include costs related to business support functions including accounting and finance, human resources, legal, information technology and office administration. Corporate general and administrative expenses exclude one-time, non-recurring expenses and benefits.

The tables below set forth information on the Company's geographical data. Total revenue, which is primarily based on the country of the contracting entity, was attributed to the following geographical areas (in thousands):

 

 

Year Ended

 

 

 

December 29,

 

 

December 30,

 

 

December 31,

 

 

 

2023

 

 

2022

 

 

2021

 

Revenue:

 

 

 

 

 

 

 

 

 

United States

 

$

251,012

 

 

$

253,935

 

 

$

244,499

 

Europe

 

 

28,648

 

 

 

23,866

 

 

 

20,627

 

Other (Australia, Canada, India and Uruguay)

 

 

16,930

 

 

 

15,941

 

 

 

13,683

 

Total Revenue

 

$

296,590

 

 

$

293,742

 

 

$

278,809

 

 

15. Segment Information and Geographical Data (continued)

Long-lived assets are attributed to geographic areas as follows (in thousands):

 

 

December 29,

 

 

December 30,

 

 

 

2023

 

 

2022

 

Long-lived assets:

 

 

 

 

 

 

North America

 

$

91,065

 

 

$

89,705

 

Europe

 

 

14,481

 

 

 

13,640

 

Other (Australia, Canada, India and Uruguay)

 

 

444

 

 

 

482

 

Total long-lived assets

 

$

105,990

 

 

$

103,827

 

 

 

As of December 29, 2023 and December 30, 2022 foreign assets included $14.3 million and $13.5 million, respectively, of goodwill related to acquisitions.