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SUPPLEMENTAL BALANCE SHEET INFORMATION | 6 Months Ended
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Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
SUPPLEMENTAL BALANCE SHEET INFORMATION | SUPPLEMENTAL BALANCE SHEET INFORMATION Accounts receivable allowance for credit losses The activity related to the accounts receivable allowance for credit losses was as follows:
| Twenty-six weeks ended
(in thousands) | June 30, 2024 | June 25, 2023
Beginning balance | $ | 2,005 |  | $ | 3,212 |
Current period provision | 630 |  | 2,408 |
Write-offs | (1,785) |  | (2,130) |
Foreign currency translation | (1) |  | 3 |
Ending balance | $ | 849 |  | $ | 3,493 |
Prepaid expenses and other current assets The balance of prepaid expenses and other current assets was made up of the following:
(in thousands) | June 30, 2024 | December 31, 2023
Prepaid software agreements | $ | 9,666 |  | $ | 8,435 |
Other prepaid expenses | 6,023 |  | 9,355 |
Assets held-for-sale | 11,785 |  | 4,845 |
Other current assets | 5,093 |  | 6,259 |
Prepaid expenses and other current assets | $ | 32,567 |  | $ | 28,894 |
Assets held-for-sale On April 11, 2024, following an evaluation of our office space and business requirements, management, with approval from the Board of Directors, entered into an agreement to sell our Tacoma headquarters building for $15.0 million. The sale is expected to be finalized within one year, subject to customary closing conditions. As a result, during the fiscal second quarter ending June 30, 2024, we classified these assets as held-for-sale and ceased recording depreciation. As the estimated fair value of the disposal group, less costs to sell, exceeded its carrying value of $11.8 million, no impairment loss was recorded for the thirteen or twenty-six weeks ended June 30, 2024. Assets held-for-sale as of December 31, 2023 represented the assets included as part of the disposal group related to the eventual divestiture of Labour Ready Temporary Services, Ltd., which was finalized during the fiscal first quarter of 2024. Refer to Note 2: Divestiture for additional details.

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- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/210/tableOfContent + Details
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