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SEGMENT INFORMATION
3 Months Ended
Mar. 30, 2025
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
Our operating segments and reportable segments are described below:
Our PeopleReady reportable segment provides blue-collar, contingent staffing through the PeopleReady operating segment. PeopleReady provides on-demand and skilled labor in a broad range of industries that include construction, transportation, manufacturing, retail, hospitality and energy.
Our PeopleManagement reportable segment provides contingent labor and outsourced industrial workforce solutions, primarily on-site at the client’s facility, through the following operating segments, which we have aggregated into one reportable segment in accordance with U.S. GAAP:
OnSite: On-site management and recruitment for the contingent industrial workforce of manufacturing, warehousing and distribution facilities; and
Centerline: Recruitment and management of contingent and dedicated commercial drivers to the transportation and distribution industries.
Our PeopleSolutions reportable segment provides professional and specialized talent acquisition solutions, as well as workforce management and compliance services, through the following operating segments, which we have aggregated into one reportable segment in accordance with U.S. GAAP:
Talent Solutions: Recruitment process outsourcing (“RPO”), health care talent acquisition services, and talent advisory; and
PeopleScout MSP: Managed service provider (“MSP”) solutions, employer of record and payrolling, and compliance monitoring and risk management.
During the fiscal first quarter of 2025, as a result of the HSP acquisition, we renamed our historical ‘PeopleScout’ reportable segment to ‘PeopleSolutions,’ as well as our ‘PeopleScout RPO’ operating segment to ‘Talent Solutions.’
We evaluate performance based on segment revenue and segment profit (loss). Segment revenue is net of intercompany eliminations. Segment profit (loss) includes revenue, related cost of services, and ongoing operating expenses directly attributable to the reportable segment. Segment profit (loss) excludes goodwill and intangible asset impairment charges, depreciation and amortization expense, unallocated corporate general and administrative expense, interest and other income (expense), income taxes, and other costs and benefits not considered to be ongoing.
The following tables present our revenue from services by segment, with a reconciliation to total company revenue. Also, the tables present significant segment expense categories regularly provided to the chief operating decision-maker (“CODM”) and included in the calculation of segment profit (loss). Cost of services and SG&A expense for the individual segments, as presented in the tables below, exclude certain costs and benefits that are also excluded from the calculation of segment profit (loss). Lastly, the tables include a reconciliation of segment profit (loss) to income (loss) before tax expense (benefit).
Thirteen weeks ended
March 30, 2025
(in thousands)
PeopleReady
PeopleManagement
PeopleSolutions
Total Company
Revenue from services
$189,305 $135,532 $45,417 $370,254 
Cost of services
136,523 115,303 31,017 
Selling, general and administrative expense
55,756 17,335 12,448 
Segment profit (loss)
$(2,974)$2,894 $1,952 $1,872 
Corporate unallocated (5,794)
Third-party processing fees for hiring tax credits(90)
Amortization of software as a service assets(1,093)
Acquisition/integration costs(710)
Other costs, net
(1,498)
Depreciation and amortization (inclusive of depreciation included in cost of services)
(6,810)
Income (loss) from operations(14,123)
Interest and other income (expense), net193 
Income (loss) before tax expense (benefit)$(13,930)
Thirteen weeks ended
March 31, 2024
(in thousands)
PeopleReady
PeopleManagement
PeopleSolutions
Total Company
Revenue from services
$222,661 $133,860 $46,332 $402,853 
Cost of services
162,772 113,035 27,564 
Selling, general and administrative expense
64,947 18,074 13,889 
Segment profit (loss)
$(5,058)$2,751 $4,879 $2,572 
Corporate unallocated (6,052)
Third-party processing fees for hiring tax credits(90)
Amortization of software as a service assets(1,343)
PeopleReady technology upgrade costs(385)
COVID-19 government subsidies, net of fees
(44)
Other costs, net
(2,209)
Depreciation and amortization (7,958)
Income (loss) from operations(15,509)
Interest and other income (expense), net1,599 
Income (loss) before tax expense (benefit)$(13,910)
Asset information by reportable segment is not presented as we do not manage our segments on a balance sheet basis.