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SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2024

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 30, 2024			June 25, 2023						June 30, 2024			June 25, 2023
Revenue from services:
Contingent staffing
PeopleReady			$	223,409		$	275,318					$	446,070		$	527,946
PeopleManagement			131,751			140,560						265,611			283,744
Human resource outsourcing
PeopleScout			41,070			59,710						87,402			129,186
Total company			$	396,230		$	475,588					$	799,083		$	940,876

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 30, 2024			June 25, 2023						June 30, 2024			June 25, 2023
Segment profit (loss):
PeopleReady			$	394		$	8,158					$	(4,664)		$	9,030
PeopleManagement			3,395			2,250						6,146			2,048
PeopleScout			3,430			8,817						8,309			17,740
Total segment profit			7,219			19,225						9,791			28,818
Corporate unallocated expense			(6,150)			(8,215)						(12,202)			(14,923)
Third-party processing fees for hiring tax credits			(90)			(110)						(180)			(230)
Amortization of software as a service assets			(1,452)			(952)						(2,795)			(1,820)
Goodwill and intangible asset impairment charge			(59,674)			(9,485)						(59,674)			(9,485)
PeopleReady technology upgrade costs			(39)			(174)						(424)			(206)
COVID-19 government subsidies, net of fees			9,696			—						9,652			—
Other benefits (costs)			(1,779)			(565)						(3,988)			(1,962)
Depreciation and amortization			(7,691)			(6,280)						(15,649)			(12,691)
Income (loss) from operations			(59,960)			(6,556)						(75,469)			(12,499)
Interest and other income (expense), net			1,741			578						3,340			1,592
Income (loss) before tax expense			$	(58,219)		$	(5,978)					$	(72,129)		$	(10,907)

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- 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 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: 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 3: 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

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- References

No definition available.

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