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Note 2 - Acquisitions (Tables)

6 Months Ended

Jun. 30, 2022

Notes Tables

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

Cash consideration		$	17,851
Accounts receivable		$	13,418
Workers' compensation deposit			7,200
Franchise agreements			11,034
Customer lists			1,690
Other current assets			100
Workers' compensation claims liability			(4,891	)
Accrued payroll			(2,100	)
Current liabilities			(740	)
Other liabilities			(2,239	)
Bargain purchase			(5,621	)
Purchase price allocation		$	17,851

Cash consideration		$	6,707
Net working capital payable			336
Total consideration		$	7,043
Customer lists		$	4,000
Accounts receivable			2,668
Goodwill			375
Purchase price allocation		$	7,043

Cash consideration		$	2,100
Note payable & net working capital payable			362
Total consideration		$	2,462
Customer relationships		$	1,600
Customer lists			200
Accounts receivable			462
Goodwill			200
Purchase price allocation		$	2,462

Cash consideration		$	9,858
Note payable			1,500
Total consideration		$	11,358
Customer relationships		$	7,700
Trade name			1,400
Accounts receivable			3,331
Other current assets			94
Goodwill			500
Current liabilities assumed			(1,667	)
Purchase price allocation		$	11,358

Cash consideration		$	11,123
Franchise agreements			10,886
Notes receivable			237
Purchase price allocation		$	11,123

Cash consideration		$	3,283
Liabilities assumed			1,044
Transaction costs			23
Total consideration		$	4,350
Purchased software			3,200
Domain name			2,226
Deferred tax liability			(1,076	)
Purchase price allocation		$	4,350

Cash consideration		$	1,480
Contingent consideration			382
Total consideration		$	1,862
Customer lists		$	1,862

Business Acquisition, Pro Forma Information [Table Text Block]

		Three months ended								Six months ended
		June 30, 2022				June 30, 2021				June 30, 2022				June 30, 2021
Total revenue		$	9,288			$	5,706			$	17,433			$	9,920
Net income			4,891				2,856				5,494				3,853
Basic earnings per share		$	0.36			$	0.21			$	0.40			$	0.28
Basic weighted average shares outstanding			13,607				13,611				13,591				13,607
Diluted earnings per share		$	0.36			$	0.21			$	0.40			$	0.28
Diluted weighted average shares outstanding			13,691				13,864				13,686				13,834

		Three months ended								Six months ended
		June 30, 2022				June 30, 2021				June 30, 2022				June 30, 2021
Total revenue		$	9,288			$	5,984			$	17,431			$	9,665
Net income			4,590				2,916				6,237				6,854
Basic earnings per share		$	0.34			$	0.21			$	0.46			$	0.50
Basic weighted average shares outstanding			13,607				13,611				13,591				13,607
Diluted earnings per share		$	0.34			$	0.21			$	0.46			$	0.50
Diluted weighted average shares outstanding			13,691				13,864				13,686				13,834

These calculations reflect increased amortization expense, increased SG&A expense, the elimination of losses associated with the transaction, and the consequential tax effects that would have resulted had the acquisition closed on January 1, 2021.

		Three months ended								Six months ended
		June 30, 2022				June 30, 2021				June 30, 2022				June 30, 2021
Total revenue		$	9,288			$	7,407			$	17,785			$	10,564
Net income			4,386				3,738				5,466				6,953
Basic earnings per share		$	0.32			$	0.27			$	0.40			$	0.51
Basic weighted average shares outstanding			13,607				13,611				13,591				13,607
Diluted earnings per share		$	0.32			$	0.27			$	0.40			$	0.50
Diluted weighted average shares outstanding			13,691				13,864				13,686				13,834

		Three months ended								Six months ended
		June 30, 2022				June 30, 2021				June 30, 2022				June 30, 2021
Total revenue		$	9,288			$	5,972			$	17,621			$	9,573
Net income			4,579				2,918				6,547				6,806
Basic earnings per share		$	0.34			$	0.21			$	0.48			$	0.50
Basic weighted average shares outstanding			13,607				13,611				13,591				13,607
Diluted earnings per share		$	0.34			$	0.21			$	0.48			$	0.49
Diluted weighted average shares outstanding			13,691				13,864				13,686				13,834

Disposal Groups, Including Discontinued Operations [Table Text Block]

		Three months ended				Six months ended
		June 30, 2022				June 30, 2022
Revenue		$	426			$	580
Cost of staffing services			248				330
Gross profit			178				250
SG&A			1				14
Net income before tax			177				236
Provision for income taxes			43				57
Net income		$	134			$	179

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