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GOODWILL AND INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 27, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

The following table reflects changes in the carrying amount of goodwill during the period by reportable segments:

(in thousands)									PeopleReady			PeopleManagement			PeopleScout			Total company
Balance at			December 29, 2019
Goodwill before impairment									$	106,304		$	81,092		$	145,181		$	332,577
Accumulated impairment loss									(46,210)			(33,700)			(15,169)			(95,079)
Goodwill, net									60,094			47,392			130,012			237,498
Impairment loss									—			(45,901)			(94,588)			(140,489)
Foreign currency translation									—			—			(2,797)			(2,797)
Balance at			September 27, 2020
Goodwill before impairment									106,304			81,092			142,384			329,780
Accumulated impairment loss									(46,210)			(79,601)			(109,757)			(235,568)
Goodwill, net									$	60,094		$	1,491		$	32,627		$	94,212

Schedule of finite-lived intangible assets

The following table presents our purchased finite-lived intangible assets:

			September 27, 2020																		December 29, 2019
(in thousands)			Gross carrying amount			Accumulated amortization			Net carrying amount						Gross carrying amount			Accumulated amortization			Net carrying amount
Finite-lived intangible assets (1):
Client relationships (2)			$	96,978		$	(73,725)		$	23,253					$	149,299		$	(83,317)		$	65,982
Trade names/trademarks			1,978			(527)			1,451						2,052			(441)			1,611
Technologies			—			—			—						600			(520)			80
Total finite-lived intangible assets			$	98,956		$	(74,252)		$	24,704					$	151,951		$	(84,278)		$	67,673

(1)Excludes assets that are fully amortized.

(2)Balance at September 27, 2020 is net of impairment loss of $34.7 million recorded in the thirty-nine weeks ended September 27, 2020.

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- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

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- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
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