XML 30 R19.htm IDEA: XBRL DOCUMENT v3.21.2
BUSINESS SEGMENTS
9 Months Ended
Sep. 26, 2021
Segment Reporting [Abstract]  
Business Segments BUSINESS SEGMENTS
 
The Company operates within three industry segments: Real Estate, Professional, and Light Industrial.

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, property and equipment, 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 26,
2021
September 27,
2020
September 26,
2021
September 27,
2020
Revenue:    
Real Estate$24,788,784 $19,156,486 $64,613,631 $50,964,763 
Professional39,396,028 34,041,737 106,719,095 107,035,087 
Light Industrial18,167,210 18,320,468 53,122,523 50,192,604 
Total$82,352,022 $71,518,691 $224,455,249 $208,192,454 
Depreciation:    
Real Estate$51,696 $54,549 $160,482 $163,685 
Professional97,141 100,727 294,174 309,467 
Light Industrial21,307 22,733 69,483 74,887 
Home office20,561 28,712 65,326 105,160 
Total$190,705 $206,721 $589,465 $653,199 
Amortization:    
Professional$610,273 $1,004,964 $1,820,554 $3,353,128 
Home office389,732 59,266 530,948 123,288 
Total$1,000,005 $1,064,230 $2,351,502 $3,476,416 
Operating income:
Real Estate$4,369,878 $3,346,316 $9,795,540 $7,159,432 
Professional - without impairment losses3,399,330 1,793,937 7,476,688 5,232,301 
Professional - impairment losses— — — (7,239,514)
Light Industrial1,164,117 1,272,796 3,330,564 3,240,347 
Home office - selling(222,361)(186,549)(660,330)(426,359)
Home office - general and administrative(3,723,494)(2,654,534)(10,599,917)(7,821,611)
Home office - gain on contingent consideration1,208,270 76,102 2,402,844 76,102 
Total$6,195,740 $3,648,068 $11,745,389 $220,698 

Capital expenditures:
Real Estate$29,733 $25,000 $94,674 $68,273 
Professional16,229 28,693 96,124 102,591 
Light Industrial7,390 9,519 34,505 12,720 
Home office409,537 — 1,341,086 1,776,595 
Total$462,889 $63,212 $1,566,389 $1,960,179 
 September 26,
2021
December 27,
2020
Total Assets:  
Real Estate$20,016,373 $15,598,575 
Professional93,544,514 81,671,193 
Light Industrial14,510,863 16,122,052 
Home office16,028,906 16,886,448 
Total$144,100,656 $130,278,268