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SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 30, 2025

Segment Reporting [Abstract]

Schedule of segment information

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), net												193
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), net												1,599
Income (loss) before tax expense (benefit)												$	(13,910)

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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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X

- References

No definition available.

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