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Note 14 - Segment Information
 12 Months Ended
Jan. 01, 2022
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]

14.  SEGMENT INFORMATION

 

The Company follows ASC280, “Segment Reporting,” which establishes standards for companies to report information about operating segments, geographic areas and major customers. The accounting policies of each reportable segment are the same as those described in the summary of significant accounting policies (see Note 1 to the Company’s Consolidated Financial Statements).

 

Segment operating income (loss) includes selling, general and administrative expenses directly attributable to that segment as well as charges for allocating corporate costs to each of the operating segments.  The following tables reflect the results of the reportable segments consistent with the Company’s management system:

 

Fiscal Year Ended

January 1, 2022

 

Engineering

  

Specialty Health Care

  

Information

Technology

  

Corporate

  

Total

 
                     

Revenue

 $66,172  $98,495  $39,208  $-  $203,875 
                     

Cost of services

  50,109   73,177   27,465   -   150,751 
                     

Gross profit

  16,063   25,318   11,743   -   53,124 
                     

Selling, general and administrative

  14,210   19,490   8,319   -   42,019 
                     

Depreciation and amortization of

   property and equipment

  521   373   113   -   1,007 
                     

Amortization of acquired intangible assets

  95   -   -   -   95 
                     

Remeasurement of acquisition-related

   contingent consideration

  (1,713

)

  -   -   -   (1,713

)

                     

Gain on sale of assets

  (2,420

)

  -   -   -   (2,420

)

                     

Operating income (loss)

 $5,370  $5,455  $3,331  $-  $14,136 
                     

Total assets as of January 1, 2022

 $28,343  $32,809  $8,676  $3,024  $72,852 

Capital expenditures

 $481  $563  $173  $359  $1,576 

 

 

Fiscal Year Ended

January 2, 2021

 

Engineering

  

Specialty Health Care

  

Information

Technology

  

Corporate

  

Total

 
                     

Revenue

 $57,715  $60,481  $32,213  $-  $150,409 
                     

Cost of services

  41,227   47,116   23,211   -   111,554 
                     

Gross profit

  16,488   13,365   9,002   -   38,855 
                     

Selling, general and administrative

  13,021   15,601   9,169   -   37,791 
                     

Depreciation and amortization of

   property and equipment

  638   319   108   -   1,065 
                     

Amortization of acquired intangible assets

  321   -   -   -   321 
                     

Write-off of receivables and

   professional fees incurred

   related to arbitration

  8,397   -   -   -   8,397 
                     

Impairment of right of use assets and

   related costs

  -   -   -   2,231   2,231 
                     

Operating income (loss)

 $(5,889

)

 $(2,555

)

 $(275

)

 $(2,231

)

 $(10,950

)

                     

Total assets as of January 2, 2021

 $33,782  $19,141  $7,498  $7,918  $68,339 

Capital expenditures

 $26  $36  $48  $350  $460 

 

The Company derives a majority of its revenue from offices in the United States. Revenues reported for each operating segment are all from external customers.  The Company is domiciled in the United States and its segments operate in the United States, Canada, Puerto Rico and Serbia. Revenues by geographic area for the fiscal years ended January 1, 2022 and January 2, 2021 are as follows:   

 

  

Fiscal Year Ended

 
  

January 1,

  

January 2,

 
  

2022

  

2021

 

Revenues

        

   United States

 $186,169  $126,238 

   Canada

  9,578   15,310 

   Puerto Rico

  5,237   5,702 

   Serbia

  2,891   3,159 
  $203,875  $150,409 

 

 

 

Total assets by geographic area as of the reported periods are as follows:

 

  

Fiscal Year Ended

 
  

January 1,

  

January 2,

 
  

2022

  

2021

 

Total Assets

        

   United States

 $67,296  $56,308 

   Canada

  1,327   7,067 

   Puerto Rico

  963   1,483 

   Serbia

  3,266   3,481 
  $72,852  $68,339