XML 29 R16.htm IDEA: XBRL DOCUMENT v3.20.2
SEGMENT INFORMATION
9 Months Ended
Sep. 27, 2020
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
Our operating segments and reportable segments are described below:
Our PeopleReady reportable segment provides blue-collar, contingent staffing through the PeopleReady operating segment. PeopleReady provides on-demand and skilled labor in a broad range of industries that include construction, manufacturing and logistics, warehousing and distribution, retail, waste and recycling, energy, hospitality, general labor and others.
Our PeopleManagement reportable segment provides contingent labor and outsourced industrial workforce solutions, primarily on-site at the client’s facility, through the following operating segments, which we have aggregated into one reportable segment in accordance with U.S. GAAP:
On-Site: On-site management and recruitment for the contingent industrial workforce of manufacturing, warehouse, and distribution facilities; and
Centerline: Recruitment and management of contingent and dedicated commercial drivers to the transportation and distribution industries.
Our PeopleScout reportable segment provides high-volume, permanent employee recruitment process outsourcing, employer branding services and management of outsourced labor service providers through the following operating segments, which we have aggregated into one reportable segment in accordance with U.S. GAAP:
PeopleScout RPO: Outsourced recruitment of permanent employees on behalf of clients and employer branding services; and
PeopleScout MSP: Management of multiple third-party staffing vendors on behalf of clients.
The following table presents our revenue disaggregated by major source and segment and a reconciliation of segment revenue from services to total company revenue:
Thirteen weeks endedThirty-nine weeks ended
(in thousands)September 27,
2020
September 29,
2019
September 27,
2020
September 29,
2019
Revenue from services (1):
Contingent staffing
PeopleReady$293,546 $413,132 $801,991 $1,109,261 
PeopleManagement147,241 159,315 407,516 470,889 
Human resource outsourcing
PeopleScout33,743 64,346 118,219 197,589 
Total company$474,530 $636,793 $1,327,726 $1,777,739 
(1)Inter-segment revenue is minimal.
The following table presents a reconciliation of segment profit to income (loss) before tax expense (benefit):
Thirteen weeks endedThirty-nine weeks ended
(in thousands)September 27,
2020
September 29,
2019
September 27,
2020
September 29,
2019
Segment profit:
PeopleReady$18,714 $30,878 $27,002 $64,143 
PeopleManagement4,574 3,381 6,063 9,815 
PeopleScout349 10,774 75 32,424 
Total segment profit23,637 45,033 33,140 106,382 
Corporate unallocated (5,968)(5,769)(16,106)(16,680)
Work Opportunity Tax Credit processing fees(174)(240)(309)(720)
Acquisition/integration costs— (362)— (1,612)
Goodwill and intangible asset impairment charge— — (175,189)— 
Other benefits (costs)2,869 (727)(1,558)(2)
Depreciation and amortization (7,652)(8,749)(24,002)(28,528)
Income (loss) from operations12,712 29,186 (184,024)58,840 
Interest and other income (expense), net(174)471 (323)1,851 
Income (loss) before tax expense (benefit)$12,538 $29,657 $(184,347)$60,691 
Asset information by reportable segment is not presented since we do not manage our segments on a balance sheet basis.