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SEGMENT INFORMATION (Tables) | 9 Months Ended
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Sep. 29, 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 |  | Thirty-nine weeks ended
(in thousands) | September 29, 2024 | September 24, 2023 |  | September 29, 2024 | September 24, 2023
Revenue from services: |  |  |  |  |
Contingent staffing |  |  |  |  |
PeopleReady | $ | 214,792 |  | $ | 283,187 |  |  | $ | 660,862 |  | $ | 811,133 |
PeopleManagement | 130,852 |  | 137,065 |  |  | 396,463 |  | 420,809 |
Human resource outsourcing |  |  |  |  |
PeopleScout | 36,713 |  | 52,944 |  |  | 124,115 |  | 182,130 |
Total company | $ | 382,357 |  | $ | 473,196 |  |  | $ | 1,181,440 |  | $ | 1,414,072 |
The following table presents a reconciliation of segment profit to income (loss) before tax expense:
| Thirteen weeks ended |  | Thirty-nine weeks ended
(in thousands) | September 29, 2024 | September 24, 2023 |  | September 29, 2024 | September 24, 2023
Segment profit (loss): |  |  |  |  |
PeopleReady | $ | 3,043 |  | $ | 9,656 |  |  | $ | (1,621) |  | $ | 18,686 |
PeopleManagement | 3,278 |  | 2,134 |  |  | 9,424 |  | 4,182 |
PeopleScout | 2,542 |  | 6,272 |  |  | 10,851 |  | 24,012 |
Total segment profit | 8,863 |  | 18,062 |  |  | 18,654 |  | 46,880 |
Corporate unallocated expense | (4,184) |  | (8,122) |  |  | (16,386) |  | (23,045) |
Third-party processing fees for hiring tax credits | 30 |  | (90) |  |  | (150) |  | (320) |
Amortization of software as a service assets | (1,615) |  | (1,064) |  |  | (4,410) |  | (2,884) |
Goodwill and intangible asset impairment charge | — |  | — |  |  | (59,674) |  | (9,485) |
PeopleReady technology upgrade costs | (65) |  | (696) |  |  | (489) |  | (902) |
COVID-19 government subsidies, net of fees | — |  | (525) |  |  | 9,652 |  | (525) |
Executive leadership transition costs | — |  | (2,492) |  |  | — |  | (2,492) |
Other costs, net | (2,965) |  | (1,615) |  |  | (6,953) |  | (3,577) |
Depreciation and amortization | (6,967) |  | (6,184) |  |  | (22,616) |  | (18,875) |
Income (loss) from operations | (6,903) |  | (2,726) |  |  | (82,372) |  | (15,225) |
Interest and other income (expense), net | 521 |  | 390 |  |  | 3,861 |  | 1,982 |
Income (loss) before tax expense (benefit) | $ | (6,382) |  | $ | (2,336) |  |  | $ | (78,511) |  | $ | (13,243) |

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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 + Details
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