XML 31 R20.htm IDEA: XBRL DOCUMENT v3.20.2
BUSINESS SEGMENTS
 9 Months Ended
Sep. 27, 2020
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 in 36 states, via property management companies responsible for the apartment communities' and commercial buildings' day-to-day operations. Our Real Estate segment operates through two divisions, BG Multifamily and BG Talent. The Professional segment provides skilled field talent on a nationwide basis for IT and finance, accounting, legal and human resource client partner projects. Our Professional segment operates through various divisions including Extrinsic, American Partners, Donovan & Watkins, Vision Technology Services, Zycron, Smart Resources, L.J. Kushner & Associates, and EdgeRock Technology Partners. The Light Industrial segment provides field talent primarily to manufacturing, distribution, logistics, and call center client partners needing a flexible workforce in 7 states. Our Light Industrial segment operates through our InStaff division.

Segment operating income includes all revenue and cost of services, direct selling expenses, depreciation and amortization expense and excludes all general and administrative (home office) expenses. Assets of home office 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 EndedThirty-nine Weeks Ended
 September 27,
2020		September 29,
2019		September 27,
2020		September 29,
2019
Revenue:    
Real Estate$19,156,485 $29,470,693 $50,964,763 $73,043,258 
Professional34,041,738 31,506,017 107,035,087 93,421,017 
Light Industrial18,320,468 18,387,596 50,192,604 55,533,988 
Total$71,518,691 $79,364,306 $208,192,454 $221,998,263 
Depreciation:    
Real Estate$54,549 $50,957 $163,685 $140,490 
Professional100,727 82,201 309,467 251,152 
Light Industrial22,733 23,663 74,887 73,673 
Home office28,712 47,452 105,160 142,804 
Total$206,721 $204,273 $653,199 $608,119 
Amortization:    
Professional$1,004,964 $986,274 $3,353,128 $3,005,618 
Home office59,266 6,206 123,288 18,763 
Total$1,064,230 $992,480 $3,476,416 $3,024,381 
Operating income:
Real Estate$3,346,316 $5,523,769 $7,159,432 $12,464,689 
Professional1,793,937 2,144,549 (2,007,213)6,190,331 
Light Industrial1,272,796 1,174,142 3,240,347 3,514,758 
Home office - selling(186,549)(131,389)(426,359)(399,370)
Home office - general and administrative(2,654,534)(2,233,959)(7,821,611)(6,285,830)
Home office - gain on contingent consideration76,102 — 76,102 — 
Total$3,648,068 $6,477,112 $220,698 $15,484,578 
Capital expenditures:
Real Estate$25,000 $204,442 $68,273 $244,321 
Professional28,693 77,809 102,591 474,668 
Light Industrial9,519 76,103 12,720 83,734 
Home office— 501,910 1,776,595 731,293 
Total$63,212 $860,264 $1,960,179 $1,534,016 
 September 27,
2020		December 29,
2019
Total Assets:  
Real Estate$15,052,163 $16,785,163 
Professional83,800,034 72,623,242 
Light Industrial15,733,645 15,223,581 
Home office14,515,839 10,954,058 
Total$129,101,681 $115,586,044