XML 56 R29.htm IDEA: XBRL DOCUMENT v3.20.4
GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 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)PeopleReadyPeopleManagementPeopleScoutTotal company
Balance atDecember 30, 2018
Goodwill before impairment$106,304 $81,092 $144,970 $332,366 
Accumulated impairment charge(46,210)(33,700)(15,169)(95,079)
Goodwill, net60,094 47,392 129,801 237,287 
Foreign currency translation— — 211 211 
Balance atDecember 29, 2019
Goodwill before impairment106,304 81,092 145,181 332,577 
Accumulated impairment charge(46,210)(33,700)(15,169)(95,079)
Goodwill, net60,094 47,392 130,012 237,498 
Impairment charge— (45,901)(94,588)(140,489)
Foreign currency translation— — (2,136)(2,136)
Balance atDecember 27, 2020
Goodwill before impairment106,304 81,092 143,045 330,441 
Accumulated impairment charge(46,210)(79,601)(109,757)(235,568)
Goodwill, net$60,094 $1,491 $33,288 $94,873 
Schedule of Finite-Lived Intangible Assets
The following table presents our purchased finite-lived intangible assets:
 December 27, 2020December 29, 2019
(in thousands)Gross carrying amountAccumulated
amortization
Net
carrying
amount
Gross carrying amountAccumulated
amortization
Net
carrying
amount
Finite-lived intangible assets (1):
Customer relationships (2)$113,382 $(91,956)$21,426 $149,299 $(83,317)$65,982 
Trade names/trademarks2,088 (585)1,503 2,052 (441)1,611 
Technologies— — — 600 (520)80 
Total finite-lived intangible assets$115,470 $(92,541)$22,929 $151,951 $(84,278)$67,673 
(1)Excludes assets that are fully amortized.
(2)Balances at December 27, 2020 are net of impairment charge of $34.7 million.
Schedule of Estimated Future Amortization of Finite-Lived Intangible Assets
The following table provides the estimated future amortization of finite-lived intangible assets as of December 27, 2020:
(in thousands)
2021$6,684 
20225,793 
20235,138 
20244,164 
2025330 
Thereafter820 
Total future amortization$22,929