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BUSINESS SEGMENTS | 9 Months Ended
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Sep. 29, 2019
Segment Reporting [Abstract] |
Business Segments | BUSINESS SEGMENTS The Company operates within three industry segments: Real Estate, Professional, and Light Industrial. The Real Estate segment provides office and maintenance field talent to various apartment communities and commercial buildings via property management companies responsible for the apartment communities' and commercial buildings' day-to-day operations. The Professional segment provides skilled field talent on a nationwide basis for IT and finance and accounting client partner projects. The Light Industrial segment provides field talent primarily to logistics, distribution, and call center client partners needing a flexible workforce. Segment operating income includes all revenue and cost of services, direct selling expenses, depreciation and amortization expense and excludes all general and administrative (corporate) expenses. Assets of corporate include cash, unallocated prepaid expenses, deferred tax assets, and other assets. The following table provides a reconciliation of revenue and operating income by reportable segment to consolidated results for the periods indicated:
|  | Thirteen Weeks Ended |  | Thirty-nine Weeks Ended
|  | September 29, 2019 |  | September 30, 2018 |  | September 29, 2019 |  | September 30, 2018
Revenue: |  |  |  |  |  |  |  |  |  |  |  |
Real Estate |  | $ | 29,470,693 |  |  | $ | 26,531,283 |  |  | $ | 73,043,258 |  |  | $ | 65,864,097 |
Professional |  | 31,506,017 |  |  | 29,171,990 |  |  | 93,421,017 |  |  | 90,394,110 |
Light Industrial |  | 18,387,596 |  |  | 21,358,864 |  |  | 55,533,988 |  |  | 58,604,838 |
Total |  | $ | 79,364,306 |  |  | $ | 77,062,137 |  |  | $ | 221,998,263 |  |  | $ | 214,863,045 |
Depreciation: |  |  |  |  |  |  |  |  |  |  |  |
Real Estate |  | $ | 50,957 |  |  | $ | 44,784 |  |  | $ | 140,490 |  |  | $ | 125,820 |
Professional |  | 82,201 |  |  | 74,488 |  |  | 251,152 |  |  | 190,952 |
Light Industrial |  | 23,663 |  |  | 23,446 |  |  | 73,673 |  |  | 76,372 |
Corporate |  | 47,452 |  |  | 51,923 |  |  | 142,804 |  |  | 152,607 |
Total |  | $ | 204,273 |  |  | $ | 194,641 |  |  | $ | 608,119 |  |  | $ | 545,751 |
Amortization: |  |  |  |  |  |  |  |  |  |  |  |
Professional |  | $ | 986,274 |  |  | $ | 1,047,510 |  |  | $ | 3,005,618 |  |  | $ | 3,132,372 |
Light Industrial |  | — |  |  | — |  |  | — |  |  | 110,251 |
Corporate |  | 6,206 |  |  | 5,386 |  |  | 18,763 |  |  | 13,051 |
Total |  | $ | 992,480 |  |  | $ | 1,052,896 |  |  | $ | 3,024,381 |  |  | $ | 3,255,674 |
Operating income: |  |  |  |  |  |  |  |
Real Estate |  | $ | 5,523,769 |  |  | $ | 4,958,373 |  |  | $ | 12,464,689 |  |  | $ | 11,285,951 |
Professional |  | 2,144,549 |  |  | 2,143,426 |  |  | 6,190,331 |  |  | 6,499,285 |
Light Industrial |  | 1,174,142 |  |  | 1,560,895 |  |  | 3,514,758 |  |  | 3,948,874 |
Corporate - selling |  | (131,389 | ) |  | (212,877 | ) |  | (399,370 | ) |  | (541,467 | )
Corporate - general and administrative |  | (2,233,959 | ) |  | (2,346,793 | ) |  | (6,285,830 | ) |  | (5,649,148 | )
Corporate - gain on contingent consideration |  | — |  |  | 988,303 |  |  | — |  |  | 2,160,307 |
Total |  | $ | 6,477,112 |  |  | $ | 7,091,327 |  |  | $ | 15,484,578 |  |  | $ | 17,703,802 |
|  | Thirteen Weeks Ended |  | Thirty-nine Weeks Ended
|  | September 29, 2019 |  | September 30, 2018 |  | September 29, 2019 |  | September 30, 2018
Capital expenditures: |  |  |  |  |  |  |  |
Real Estate |  | $ | 204,442 |  |  | $ | 37,681 |  |  | $ | 244,321 |  |  | $ | 114,990 |
Professional |  | 77,809 |  |  | 121,170 |  |  | 474,668 |  |  | 382,925 |
Light Industrial |  | 76,103 |  |  | 44,018 |  |  | 83,734 |  |  | 87,990 |
Corporate |  | 501,910 |  |  | 25,945 |  |  | 731,293 |  |  | 95,428 |
Total |  | $ | 860,264 |  |  | $ | 228,814 |  |  | $ | 1,534,016 |  |  | $ | 681,333 |
|  | September 29, 2019 |  | December 30, 2018
Total Assets: |  |  |  |  |  |
Real Estate |  | $ | 19,341,023 |  |  | $ | 12,647,505 |
Professional |  | 61,100,018 |  |  | 62,403,104 |
Light Industrial |  | 18,765,095 |  |  | 18,992,392 |
Corporate |  | 6,787,114 |  |  | 6,225,802 |
Total |  | $ | 105,993,250 |  |  | $ | 100,268,803 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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