XML 39 R27.htm IDEA: XBRL DOCUMENT v3.23.2

SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 25, 2023

Segment Reporting [Abstract]

Schedule of segment information

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 ended									Twenty-six weeks ended
(in thousands)			June 25, 2023			June 26, 2022						June 25, 2023			June 26, 2022
Revenue from services:
Contingent staffing
PeopleReady			$	275,318		$	317,943					$	527,946		$	623,633
PeopleManagement			140,560			161,938						283,744			325,757
Human resource outsourcing
PeopleScout			59,710			89,372						129,186			171,378
Total company			$	475,588		$	569,253					$	940,876		$	1,120,768

The following table presents a reconciliation of segment profit to income (loss) before tax expense:

			Thirteen weeks ended									Twenty-six weeks ended
(in thousands)			June 25, 2023			June 26, 2022						June 25, 2023			June 26, 2022
Segment profit:
PeopleReady			$	8,158		$	20,325					$	9,030		$	36,544
PeopleManagement			2,250			4,228						2,048			7,207
PeopleScout			8,817			20,593						17,740			31,565
Total segment profit			19,225			45,146						28,818			75,316
Corporate unallocated expense			(8,215)			(6,531)						(14,923)			(13,829)
Third-party processing fees for hiring tax credits			(110)			(162)						(230)			(324)
Amortization of software as a service assets			(952)			(699)						(1,820)			(1,446)
Goodwill and intangible asset impairment charge			(9,485)			—						(9,485)			—
PeopleReady technology upgrade costs			(174)			(1,748)						(206)			(4,298)
Other benefits (costs)			(565)			491						(1,962)			355
Depreciation and amortization			(6,280)			(7,245)						(12,691)			(14,532)
Income (loss) from operations			(6,556)			29,252						(12,499)			41,242
Interest and other income (expense), net			578			(110)						1,592			395
Income (loss) before tax expense			$	(5,978)		$	29,142					$	(10,907)		$	41,637

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-25

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration