XML 37 R31.htm IDEA: XBRL DOCUMENT
v3.25.3

Segment Information and Geographical Data (Tables) | 9 Months Ended
--- | ---
Sep. 26, 2025
Segment Reporting [Abstract] |
Segment Information and Geographical Data | The tables below set forth information about the Company’s operating segments for the quarter and nine months ended September 26, 2025 and September 27, 2024, along with the items necessary to reconcile the segment information to the totals reported in the accompanying consolidated financial statements (in thousands): 11. Segment Information and Geographical Data (continued)
|  | Quarter Ended |  |  | Nine Months Ended |
|  | September 26, |  |  | September 27, |  |  | September 26, |  |  | September 27, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Global S&BT: |  |  |  |  |  |  |  |  |  |  |  |
Revenue before reimbursements* |  | $ | 42,398 |  |  | $ | 43,252 |  |  | $ | 128,651 |  |  | $ | 125,068 |
Cost of sales |  |  | 21,440 |  |  |  | 22,781 |  |  |  | 66,526 |  |  |  | 67,800 |
Gross margin |  |  | 20,958 |  |  |  | 20,471 |  |  |  | 62,125 |  |  |  | 57,268 |
Selling, general and administrative costs |  |  | 7,717 |  |  |  | 6,378 |  |  |  | 23,111 |  |  |  | 20,374 |
Segment contribution |  |  | 13,241 |  |  |  | 14,093 |  |  |  | 39,014 |  |  |  | 36,894 |
Oracle Solutions: |  |  |  |  |  |  |  |  |  |  |  |
Revenue before reimbursements* |  | $ | 16,353 |  |  | $ | 21,838 |  |  | $ | 57,243 |  |  | $ | 65,063 |
Cost of sales |  |  | 11,751 |  |  |  | 14,303 |  |  |  | 39,377 |  |  |  | 43,220 |
Gross margin |  |  | 4,602 |  |  |  | 7,535 |  |  |  | 17,866 |  |  |  | 21,843 |
Selling, general and administrative costs |  |  | 1,921 |  |  |  | 2,014 |  |  |  | 6,368 |  |  |  | 5,693 |
Segment contribution |  |  | 2,681 |  |  |  | 5,521 |  |  |  | 11,498 |  |  |  | 16,150 |
SAP Solutions: |  |  |  |  |  |  |  |  |  |  |  |
Revenue before reimbursements* |  | $ | 13,415 |  |  | $ | 12,859 |  |  | $ | 40,132 |  |  | $ | 39,442 |
Cost of sales |  |  | 8,183 |  |  |  | 7,175 |  |  |  | 23,035 |  |  |  | 21,341 |
Gross margin |  |  | 5,232 |  |  |  | 5,684 |  |  |  | 17,097 |  |  |  | 18,101 |
Selling, general and administrative costs |  |  | 1,569 |  |  |  | 1,986 |  |  |  | 5,293 |  |  |  | 6,267 |
Segment contribution |  |  | 3,663 |  |  |  | 3,698 |  |  |  | 11,804 |  |  |  | 11,834 |
Total Company: |  |  |  |  |  |  |  |  |  |  |  |
Total segment contribution margin |  |  | 19,585 |  |  |  | 23,312 |  |  |  | 62,316 |  |  |  | 64,878 |
Items not allocated to segment level: |  |  |  |  |  |  |  |  |  |  |  |
Corporate general and administrative expenses** |  |  | 4,292 |  |  |  | 5,655 |  |  |  | 15,196 |  |  |  | 15,745 |
Non-cash stock based compensation expense*** |  |  | 2,694 |  |  |  | 2,989 |  |  |  | 8,272 |  |  |  | 8,438 |
Stock price award program compensation expense*** |  |  | 4,768 |  |  |  | 602 |  |  |  | 15,053 |  |  |  | 602 |
Acquisition-related cash compensation expense |  |  | (540 | ) |  |  | 41 |  |  |  | 76 |  |  |  | 41 |
Acquisition-related non-cash stock based compensation expense*** |  |  | (1,574 | ) |  |  | 232 |  |  |  | 1,956 |  |  |  | 232 |
Acquisition-related costs |  |  | 11 |  |  |  | 53 |  |  |  | 398 |  |  |  | 53 |
Restructuring costs |  |  | 3,112 |  |  |  | - |  |  |  | 3,112 |  |  |  | - |
Legal settlement and related costs |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 102 |
Depreciation expense |  |  | 1,052 |  |  |  | 940 |  |  |  | 3,111 |  |  |  | 2,824 |
Amortization expense |  |  | 311 |  |  |  | - |  |  |  | 685 |  |  |  | - |
Interest expense, net |  |  | 438 |  |  |  | 368 |  |  |  | 1,006 |  |  |  | 1,352 |
Income before taxes |  | $ | 5,021 |  |  | $ | 12,432 |  |  | $ | 13,451 |  |  | $ | 35,489 |
*Revenue before reimbursements excludes 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, as well as any foreign currency gains and losses. Corporate general and administrative expenses exclude one-time, non-recurring expenses and benefits, which are disaggregated in the above table. ***See Note 7.
Geographic Revenue before Reimbursements | 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):
|  | Quarter Ended |  |  | Nine Months Ended |
|  | September 26, |  |  | September 27, |  |  | September 26, |  |  | September 27, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
United States |  | $ | 58,077 |  |  | $ | 66,214 |  |  | $ | 184,785 |  |  | $ | 195,098 |
Europe (U.K., Germany, France, Switzerland and Spain) |  |  | 8,366 |  |  |  | 8,484 |  |  |  | 25,579 |  |  |  | 25,107 |
Other (Australia, Canada, India and Uruguay) |  |  | 6,668 |  |  |  | 5,079 |  |  |  | 19,511 |  |  |  | 14,415 |
Total revenue |  | $ | 73,111 |  |  | $ | 79,777 |  |  | $ | 229,875 |  |  | $ | 234,620 |
Long-Lived Assets Attributable To Geographic Areas | Long-lived assets are attributable to the following geographic areas (in thousands):
|  | September 26, |  |  | December 27, |
|  | 2025 |  |  | 2024 |
Long-lived assets: |  |  |  |  |  |
United States |  | $ | 103,063 |  |  | $ | 100,676 |
Europe (U.K., Germany and Netherlands) |  |  | 15,566 |  |  |  | 14,247 |
Other (Australia, Canada, India and Uruguay) |  |  | 1,651 |  |  |  | 608 |
Total long-lived assets |  | $ | 120,280 |  |  | $ | 115,531 |

X
- Definition Tabular disclosure of the names of foreign countries in which material long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets are located, and amount of such long-lived assets located in that country or foreign geographic area. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
Name: | us-gaap_ScheduleOfEntityWideDisclosureOnGeographicAreasLongLivedAssetsInIndividualForeignCountriesByCountryTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
Name: | us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration