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Pay vs Performance Disclosure - USD ($)
4 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2023
Dec. 25, 2022
Jun. 14, 2022
Sep. 12, 2023
Dec. 29, 2024
Dec. 31, 2023
Dec. 25, 2022
Dec. 26, 2021
Dec. 27, 2020
Pay vs Performance Disclosure                  
Pay vs Performance Disclosure, Table        
Pay Versus Performance
This section provides a detailed analysis of the Compensation Actually Paid (“CAP”) (as calculated by the SEC rules) to the Company’s executive officers listed below as compared with the performance of the Company and our peer group.
As discussed in the Compensation Discussion and Analysis section above, our Compensation Committee has implemented an executive compensation program designed to link a substantial portion of our NEOs’ compensation to the achievement of the Company’s financial and strategic objectives, and to align our executive pay with changes in the value of our shareholders’ investments. The following table shows the CAP to our Principal Executive Officer (“PEO” or “CEO”) for fiscal 2024, 2023, 2022, 2021, and 2020 and the average CAP to our non-PEO NEOs for each fiscal year as compared with the performance of the Company as measured by the total shareholder return (“TSR”), net income (loss), and Adjusted EBITDA and the performance of our peer group’s TSR. The dollar values shown for CAP in the table below do not reflect the actual amount of compensation earned or paid during the applicable year.
Year
Summary
Compensation
Table Total
for PEO
(Current
CEO)(1)
Compensation
Actually Paid
to PEO
(Current
CEO)(1)(9)
Summary
Compensation
Table Total
for PEO
(2023 Former
CEO)(2)
Compensation
Actually Paid
to PEO
(2023 Former
CEO)(2)(9)
Summary
Compensation
Table Total
for PEO
(2022 Former
CEO)(3)
Compensation
Actually Paid
to PEO
(2022 Former
CEO)(3)(9)
Average
Summary
Compensation
Table Total
for Non-PEO
NEOs(4)
Average
Compensation
Actually Paid
to Non-PEO
NEOs(4)(9)
Value of Initial Fixed $100
Investment Based On:
Net Income
(Loss) ($ in
thousands)(7)
Adjusted
EBITDA ($ in
thousands) (8)
Total
Shareholder
Return(5)
Peer Group
Total
Shareholder
Return(5)(6)
2024
$3,841,378
$2,187,862
$
$
$
$
$1,362,791
$806,109
$33
$146
$(125,748)
$11,167
2023
$3,128,681
$1,585,310
$5,819,313
$2,863,033
$
$
$1,657,452
$986,971
$65
$122
$(14,173)
$28,984
2022
$
$
$5,824,544
$5,513,187
$4,425,156
$(6,387,623)
$2,059,452
$897,701
$81
$115
$62,273
$116,999
2021
$
$
$
$
$5,811,254
$9,920,085
$2,125,200
$3,203,326
$117
$151
$61,634
$103,820
2020
$
$
$
$
$3,420,004
$1,999,169
$1,241,280
$815,963
$81
$103
$(141,841)
$38,728
(1)
These amounts reflect the compensation of Ms. Owen (our “Current CEO”) who was appointed as the Company’s CEO effective September 12, 2023.
(2)
These amounts reflect the compensation of Mr. Cooper (our “2023 Former CEO”) who retired as the Company’s CEO effective September 12, 2023.
(3)
These amounts reflect the compensation of Mr. Beharelle (our “2022 Former CEO”) who resigned as the Company’s CEO effective June 14, 2022.
(4)
For 2024, the Non-PEO NEOs were Messrs. Schweihs, Ferencz and Betori and Ms. Willis. For 2023, the Non-PEO NEOs were Messrs. Schweihs, Gafford, Ferencz, and Betori and Ms. Willis. For 2022 and 2021, the Non-PEO NEOs were Messrs. Ferencz, Gafford, and Schweihs and Ms. Owen. For 2020, the Non-PEO NEOs were Messrs. Defebaugh, Ferencz, Gafford, and Schweihs and Ms. Owen.
(5)
These amounts are based on information prepared by Zacks Investment Research, Inc. and assume a $100 investment on fiscal year end (“FYE”) 2019 which was December 29, 2019. Copyright 1980-2025. Index Data: Copyright Standard and Poor’s, Inc. Used with permission. All rights reserved.
(6)
These amounts represent the weighted peer group TSR, weighted according to the respective companies’ stock market capitalization. The peer group used is the S&P 1500 Human Resources and Employment Services Index. The S&P 1500 Human Resources and Employment Services Index is the same index we use in our performance graph in Form 10-K for the applicable year.
(7)
These amounts represent net income (loss) reflected in the Company’s Consolidated Statements of Operations and Comprehensive Income (Loss) in Form 10-K for the applicable year.
(8)
The Company has determined that Adjusted EBITDA, a non-GAAP financial measure, is the most important financial measure (not otherwise required in the table) used by the Company to link CAP to Company performance for the most recently completed fiscal year. See Appendix A for definition of Adjusted EBITDA as well as the reconciliation of net income (loss) to Adjusted EBITDA.
(9)
CAP was calculated according to applicable SEC rules. For 2024 CAP, the following adjustments were made to 2024 total compensation amounts shown in the Summary Compensation Table in this proxy statement:
Year
Executive(s)
Summary
Compensation
Table Total
Subtract
Stock
Awards
Add Year-
End Fair
Value of
Current
Year RS
and RSU
Awards
Add Year-
End Fair
Value of
Current
Year PSU
Awards (a)(b)
Add
Change in
Fair Value
of Prior
RS and RSU
Awards
Add
Change in
Fair Value
of Prior
PSU
Awards (a)(b)
Add
Change in
Fair Value of
Current Year
Vested Equity
Awards
Add
Change in
Fair Value of
Prior Vested
Equity
Awards
Compensation
Actually Paid
2024
Current CEO
$3,841,378
$2,330,628
$715,997
$819,383
$(383,973)
$(317,691)
$—
$(156,604)
$2,187,862
Non-PEO NEOs
$1,362,791
$691,976
$212,585
$243,278
$(149,607)
$(122,034)
$—
$(48,928)
$806,109
(a)
The following table shows the estimated and actual payouts of the annual PSUs awarded as of each FYE date noted, used to calculate the CAP above.
Estimated/Actual Payout as of:
2021 PSU Award
2022 PSU Award
2023 PSU Award
2024 PSU Award EBITDA
2024 PSU Award rTSR
Vest Date in 2024
%
 
 
 
 
FYE 2024
 
%
%
100.0%
100.0%
(b)
On February 5, 2021, Mr. Schweihs and Ms. Owen each received a PSU award based on individual performance metrics (“Retention PSUs”), of which up to one-half vested on the second anniversary of the grant, and the remaining portion of these shares vested on the third anniversary of the grant, in each case, only if certain individual performance criteria are met. The following table shows the actual payouts of the Retention PSUs awarded as of each FYE date noted, used to calculate the CAP above.
 
Taryn R. Owen
Carl R. Schweihs
Estimated/Actual Payout as of:
2021 Retention
PSU Tranche 1
2021 Retention
PSU Tranche 2
2021 Retention
PSU Tranche 1
2021 Retention
PSU Tranche 2
Vest Date in 2024
 
120.0%
 
100.0%
       
Company Selected Measure Name         Adjusted EBITDA        
Named Executive Officers, Footnote        
(1)
These amounts reflect the compensation of Ms. Owen (our “Current CEO”) who was appointed as the Company’s CEO effective September 12, 2023.
(2)
These amounts reflect the compensation of Mr. Cooper (our “2023 Former CEO”) who retired as the Company’s CEO effective September 12, 2023.
(3)
These amounts reflect the compensation of Mr. Beharelle (our “2022 Former CEO”) who resigned as the Company’s CEO effective June 14, 2022.
(4)
For 2024, the Non-PEO NEOs were Messrs. Schweihs, Ferencz and Betori and Ms. Willis. For 2023, the Non-PEO NEOs were Messrs. Schweihs, Gafford, Ferencz, and Betori and Ms. Willis. For 2022 and 2021, the Non-PEO NEOs were Messrs. Ferencz, Gafford, and Schweihs and Ms. Owen. For 2020, the Non-PEO NEOs were Messrs. Defebaugh, Ferencz, Gafford, and Schweihs and Ms. Owen.
       
Peer Group Issuers, Footnote        
(6)
These amounts represent the weighted peer group TSR, weighted according to the respective companies’ stock market capitalization. The peer group used is the S&P 1500 Human Resources and Employment Services Index. The S&P 1500 Human Resources and Employment Services Index is the same index we use in our performance graph in Form 10-K for the applicable year.
       
Adjustment To PEO Compensation, Footnote        
(9)
CAP was calculated according to applicable SEC rules. For 2024 CAP, the following adjustments were made to 2024 total compensation amounts shown in the Summary Compensation Table in this proxy statement:
Year
Executive(s)
Summary
Compensation
Table Total
Subtract
Stock
Awards
Add Year-
End Fair
Value of
Current
Year RS
and RSU
Awards
Add Year-
End Fair
Value of
Current
Year PSU
Awards (a)(b)
Add
Change in
Fair Value
of Prior
RS and RSU
Awards
Add
Change in
Fair Value
of Prior
PSU
Awards (a)(b)
Add
Change in
Fair Value of
Current Year
Vested Equity
Awards
Add
Change in
Fair Value of
Prior Vested
Equity
Awards
Compensation
Actually Paid
2024
Current CEO
$3,841,378
$2,330,628
$715,997
$819,383
$(383,973)
$(317,691)
$—
$(156,604)
$2,187,862
Non-PEO NEOs
$1,362,791
$691,976
$212,585
$243,278
$(149,607)
$(122,034)
$—
$(48,928)
$806,109
(a)
The following table shows the estimated and actual payouts of the annual PSUs awarded as of each FYE date noted, used to calculate the CAP above.
Estimated/Actual Payout as of:
2021 PSU Award
2022 PSU Award
2023 PSU Award
2024 PSU Award EBITDA
2024 PSU Award rTSR
Vest Date in 2024
%
 
 
 
 
FYE 2024
 
%
%
100.0%
100.0%
(b)
On February 5, 2021, Mr. Schweihs and Ms. Owen each received a PSU award based on individual performance metrics (“Retention PSUs”), of which up to one-half vested on the second anniversary of the grant, and the remaining portion of these shares vested on the third anniversary of the grant, in each case, only if certain individual performance criteria are met. The following table shows the actual payouts of the Retention PSUs awarded as of each FYE date noted, used to calculate the CAP above.
 
Taryn R. Owen
Carl R. Schweihs
Estimated/Actual Payout as of:
2021 Retention
PSU Tranche 1
2021 Retention
PSU Tranche 2
2021 Retention
PSU Tranche 1
2021 Retention
PSU Tranche 2
Vest Date in 2024
 
120.0%
 
100.0%
       
Non-PEO NEO Average Total Compensation Amount         $ 1,362,791 $ 1,657,452 $ 2,059,452 $ 2,125,200 $ 1,241,280
Non-PEO NEO Average Compensation Actually Paid Amount         $ 806,109 986,971 897,701 3,203,326 815,963
Adjustment to Non-PEO NEO Compensation Footnote        
(9)
CAP was calculated according to applicable SEC rules. For 2024 CAP, the following adjustments were made to 2024 total compensation amounts shown in the Summary Compensation Table in this proxy statement:
Year
Executive(s)
Summary
Compensation
Table Total
Subtract
Stock
Awards
Add Year-
End Fair
Value of
Current
Year RS
and RSU
Awards
Add Year-
End Fair
Value of
Current
Year PSU
Awards (a)(b)
Add
Change in
Fair Value
of Prior
RS and RSU
Awards
Add
Change in
Fair Value
of Prior
PSU
Awards (a)(b)
Add
Change in
Fair Value of
Current Year
Vested Equity
Awards
Add
Change in
Fair Value of
Prior Vested
Equity
Awards
Compensation
Actually Paid
2024
Current CEO
$3,841,378
$2,330,628
$715,997
$819,383
$(383,973)
$(317,691)
$—
$(156,604)
$2,187,862
Non-PEO NEOs
$1,362,791
$691,976
$212,585
$243,278
$(149,607)
$(122,034)
$—
$(48,928)
$806,109
(a)
The following table shows the estimated and actual payouts of the annual PSUs awarded as of each FYE date noted, used to calculate the CAP above.
Estimated/Actual Payout as of:
2021 PSU Award
2022 PSU Award
2023 PSU Award
2024 PSU Award EBITDA
2024 PSU Award rTSR
Vest Date in 2024
%
 
 
 
 
FYE 2024
 
%
%
100.0%
100.0%
(b)
On February 5, 2021, Mr. Schweihs and Ms. Owen each received a PSU award based on individual performance metrics (“Retention PSUs”), of which up to one-half vested on the second anniversary of the grant, and the remaining portion of these shares vested on the third anniversary of the grant, in each case, only if certain individual performance criteria are met. The following table shows the actual payouts of the Retention PSUs awarded as of each FYE date noted, used to calculate the CAP above.
 
Taryn R. Owen
Carl R. Schweihs
Estimated/Actual Payout as of:
2021 Retention
PSU Tranche 1
2021 Retention
PSU Tranche 2
2021 Retention
PSU Tranche 1
2021 Retention
PSU Tranche 2
Vest Date in 2024
 
120.0%
 
100.0%
       
Compensation Actually Paid vs. Total Shareholder Return                
Compensation Actually Paid vs. Net Income                
Compensation Actually Paid vs. Company Selected Measure                
Total Shareholder Return Vs Peer Group                
Tabular List, Table        
The most important financial performance measures used by the Company to link CAP to our NEOs, for the most recently completed fiscal year, to the Company’s performance are listed in the table below, each of which is described in more detail in the Compensation Discussion and Analysis section above or in prior proxy statements.
Financial Performance Measures
Adjusted EBITDA
Revenue
Relative Total Shareholder Return
       
Total Shareholder Return Amount         $ 33 65 81 117 81
Peer Group Total Shareholder Return Amount         146 122 115 151 103
Net Income (Loss)         $ (125,748,000) $ (14,173,000) $ 62,273,000 $ 61,634,000 $ (141,841,000)
Company Selected Measure Amount         11,167,000 28,984,000 116,999,000 103,820,000 38,728,000
PEO Name Ms. Owen Mr. Cooper Mr. Beharelle Mr. Cooper Ms. Owen     Mr. Beharelle Mr. Beharelle
Performance Share Units Payout Percentage 2021 Annual Award                
Performance Share Units Payout Percentage 2022 Annual Award                
Performance Share Units Payout Percentage 2023 Annual Award                
Performance Share Units Payout Percentage 2024 Annual Award Earnings Before Interest, Taxes, Depreciation, and Amortization         100.00%        
Performance Share Units Payout Percentage 2024 Annual Award Relative Total Shareholder Return         100.00%        
Measure:: 1                  
Pay vs Performance Disclosure                  
Name         Adjusted EBITDA        
Non-GAAP Measure Description        
(8)
The Company has determined that Adjusted EBITDA, a non-GAAP financial measure, is the most important financial measure (not otherwise required in the table) used by the Company to link CAP to Company performance for the most recently completed fiscal year. See Appendix A for definition of Adjusted EBITDA as well as the reconciliation of net income (loss) to Adjusted EBITDA.
       
Measure:: 2                  
Pay vs Performance Disclosure                  
Name         Revenue        
Measure:: 3                  
Pay vs Performance Disclosure                  
Name         Relative Total Shareholder Return        
Ms. Owen [Member]                  
Pay vs Performance Disclosure                  
PEO Total Compensation Amount         $ 3,841,378 $ 3,128,681 $ 0 $ 0 $ 0
PEO Actually Paid Compensation Amount         $ 2,187,862 1,585,310 0 0 0
Retention Performance Share Units 2021 Tranche Two Payout Percentage         120.00%        
Mr. Cooper [Member]                  
Pay vs Performance Disclosure                  
PEO Total Compensation Amount         $ 0 5,819,313 5,824,544 0 0
PEO Actually Paid Compensation Amount         0 2,863,033 5,513,187 0 0
Mr. Beharelle [Member]                  
Pay vs Performance Disclosure                  
PEO Total Compensation Amount         0 0 4,425,156 5,811,254 3,420,004
PEO Actually Paid Compensation Amount         $ 0 $ 0 $ (6,387,623) $ 9,920,085 $ 1,999,169
Mr. Schweihs [Member]                  
Pay vs Performance Disclosure                  
Retention Performance Share Units 2021 Tranche Two Payout Percentage         100.00%        
PEO | Ms. Owen [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table                  
Pay vs Performance Disclosure                  
Adjustment to Compensation, Amount         $ (2,330,628)        
PEO | Ms. Owen [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year                  
Pay vs Performance Disclosure                  
Adjustment to Compensation, Amount         0        
PEO | Ms. Owen [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year                  
Pay vs Performance Disclosure                  
Adjustment to Compensation, Amount         (156,604)        
PEO | Ms. Owen [Member] | Year-End Fair Value of Current Year RS and RSU Awards [Member]                  
Pay vs Performance Disclosure                  
Adjustment to Compensation, Amount         715,997        
PEO | Ms. Owen [Member] | Year-End Fair Value of Current Year PSU Awards [Member]                  
Pay vs Performance Disclosure                  
Adjustment to Compensation, Amount         819,383        
PEO | Ms. Owen [Member] | Change in Fair Value of Prior RS and RSU Awards [Member]                  
Pay vs Performance Disclosure                  
Adjustment to Compensation, Amount         (383,973)        
PEO | Ms. Owen [Member] | Change in Fair Value of Prior PSU Awards [Member]                  
Pay vs Performance Disclosure                  
Adjustment to Compensation, Amount         (317,691)        
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table                  
Pay vs Performance Disclosure                  
Adjustment to Compensation, Amount         (691,976)        
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year                  
Pay vs Performance Disclosure                  
Adjustment to Compensation, Amount         0        
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year                  
Pay vs Performance Disclosure                  
Adjustment to Compensation, Amount         (48,928)        
Non-PEO NEO | Year-End Fair Value of Current Year RS and RSU Awards [Member]                  
Pay vs Performance Disclosure                  
Adjustment to Compensation, Amount         212,585        
Non-PEO NEO | Year-End Fair Value of Current Year PSU Awards [Member]                  
Pay vs Performance Disclosure                  
Adjustment to Compensation, Amount         243,278        
Non-PEO NEO | Change in Fair Value of Prior RS and RSU Awards [Member]                  
Pay vs Performance Disclosure                  
Adjustment to Compensation, Amount         (149,607)        
Non-PEO NEO | Change in Fair Value of Prior PSU Awards [Member]                  
Pay vs Performance Disclosure                  
Adjustment to Compensation, Amount         $ (122,034)