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Segment Information (Tables)
6 Months Ended
Feb. 27, 2016
Segment Information [Abstract]  
Schedule Of Segment Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales to

 

 

 

 

 

 

 

 

Quarter Ended

 

External

 

 

 

Adjusted

 

 

 

 

February 27, 2016

 

Customers

 

Gross Profit

 

EBITDA

 

Depreciation

 

Amortization

 

 

 

 

 

 

 

 

 

 

 

Direct offices

$

24,567 

$

17,804 

$

4,373 

$

69 

$

Strategic markets

 

7,545 

 

4,832 

 

1,296 

 

24 

 

246 

Education practice

 

6,750 

 

3,086 

 

(1,042)

 

 

 -

International licensees

 

3,938 

 

2,936 

 

1,893 

 

 

 -

Total

 

42,800 

 

28,658 

 

6,520 

 

95 

 

247 

Corporate and eliminations

 

2,469 

 

1,196 

 

(2,114)

 

799 

 

662 

Consolidated

$

45,269 

$

29,854 

$

4,406 

$

894 

$

909 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended

 

 

 

 

 

 

 

 

 

 

February 28, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Direct offices

$

25,604 

$

18,374 

$

2,611 

$

80 

$

Strategic markets

 

9,015 

 

5,022 

 

1,743 

 

57 

 

283 

Education practice

 

5,241 

 

2,528 

 

(1,043)

 

 

 -

International licensees

 

4,279 

 

3,288 

 

1,879 

 

 

 -

Total

 

44,139 

 

29,212 

 

5,190 

 

139 

 

284 

Corporate and eliminations

 

2,177 

 

803 

 

(1,343)

 

901 

 

669 

Consolidated

$

46,316 

$

30,015 

$

3,847 

$

1,040 

$

953 

 

 

 

 

 

 

 

 

 

 

 

Two Quarters Ended

 

 

 

 

 

 

 

 

 

 

February 27, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Direct offices

$

48,228 

$

34,385 

$

7,017 

$

142 

$

Strategic markets

 

14,730 

 

9,330 

 

2,137 

 

94 

 

492 

Education practice

 

14,754 

 

7,585 

 

(858)

 

 

 -

International licensees

 

8,622 

 

6,558 

 

4,393 

 

 

 -

Total

 

86,334 

 

57,858 

 

12,689 

 

240 

 

494 

Corporate and eliminations

 

4,152 

 

2,067 

 

(3,809)

 

1,566 

 

1,325 

Consolidated

$

90,486 

$

59,925 

$

8,880 

$

1,806 

$

1,819 

 

 

 

 

 

 

 

 

 

 

 

Two Quarters Ended

 

 

 

 

 

 

 

 

 

 

February 28, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Direct offices

$

51,079 

$

35,813 

$

5,544 

$

167 

$

Strategic markets

 

18,817 

 

11,337 

 

4,576 

 

89 

 

566 

Education practice

 

11,159 

 

5,745 

 

(1,707)

 

 

 -

International licensees

 

8,818 

 

6,745 

 

3,966 

 

 

 -

Total

 

89,873 

 

59,640 

 

12,379 

 

261 

 

568 

Corporate and eliminations

 

4,317 

 

1,579 

 

(2,653)

 

1,743 

 

1,338 

Consolidated

$

94,190 

$

61,219 

$

9,726 

$

2,004 

$

1,906 

 

Schedule Of EBITDA Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended

 

Two Quarters Ended

 

 

February 27,

 

 

February 28,

 

 

February 27,

 

 

February 28,

 

 

2016

 

 

2015

 

 

2016

 

 

2015

Enterprise Adjusted EBITDA

$

6,520 

 

$

5,190 

 

$

12,689 

 

$

12,379 

Corporate expenses

 

(2,114)

 

 

(1,343)

 

 

(3,809)

 

 

(2,653)

Consolidated Adjusted EBITDA

 

4,406 

 

 

3,847 

 

 

8,880 

 

 

9,726 

Share-based compensation expense

 

(1,111)

 

 

(608)

 

 

(1,874)

 

 

(1,010)

Reduction (increase) to contingent earn

 

 

 

 

 

 

 

 

 

 

 

   out liability

 

(1,238)

 

 

 -

 

 

(1,368)

 

 

28 

Restructuring costs

 

(376)

 

 

 -

 

 

(376)

 

 

 -

Other expenses

 

(139)

 

 

(65)

 

 

(139)

 

 

(65)

Depreciation

 

(894)

 

 

(1,040)

 

 

(1,806)

 

 

(2,004)

Amortization

 

(909)

 

 

(953)

 

 

(1,819)

 

 

(1,906)

Income (loss) from operations

 

(261)

 

 

1,181 

 

 

1,498 

 

 

4,769 

Interest income

 

83 

 

 

107 

 

 

161 

 

 

218 

Interest expense

 

(552)

 

 

(535)

 

 

(1,093)

 

 

(1,074)

Discount on related party receivable

 

 -

 

 

 -

 

 

 -

 

 

(131)

Income (loss) before income taxes

$

(730)

 

$

753 

 

$

566 

 

$

3,782