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ACQUISITIONS (Tables)
9 Months Ended
Sep. 25, 2022
Business Combinations [Abstract]  
Schedule of Business Acquisitions, by Acquisition The acquisition has been allocated to the assets acquired and liabilities assumed as of the date of acquisition as follows:    
Accounts receivable$345,121 
Prepaid expenses and other assets3,626 
Property and equipment, net5,101 
Intangible assets3,347,970 
Goodwill2,089,823 
Liabilities assumed(73,708)
Total net assets acquired$5,717,933 
Cash$3,780,000 
Working capital adjustment11,210 
Fair value of contingent consideration1,926,723 
Total fair value of consideration transferred for acquired business$5,717,933 
 
The allocation of the intangible assets is as follows:
 Estimated Fair
Value
Estimated 
Useful Lives
Covenants not to compete$37,800 5 years
Trade name1,420,000 Indefinite
Client partner list1,890,170 10 years
Total$3,347,970  
Business Acquisition, Pro Forma Information
The Company estimates what would have been reported if the revenues and net income from continuing operations of the Momentum acquisition had taken place on the first day of Fiscal 2021, with no impact on thirteen week period ended September 26, 2021 (dollars in thousands, except per share amounts):
 Thirty-nine Weeks Ended
September 26, 2021
Revenues$171,569 
Gross profit$57,675 
Net Income$6,108 
Income per share:
Basic$0.59 
Diluted$0.59