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ACQUISITIONS (Tables)
 6 Months Ended
Jul. 02, 2023
Business Combinations [Abstract]  
Schedule of Business Acquisitions, by Acquisition The purchase price has been allocated to the assets acquired and liabilities assumed as of the date of acquisition as follows (in thousands):
Accounts receivable$3,734 
Prepaid expenses and other assets118 
Property and equipment, net83 
Right-of-use asset - operating leases1,528 
Intangible assets13,484 
Goodwill26,493 
Current liabilities assumed(1,787)
Lease liability - operating leases(1,528)
Total net assets acquired$42,125 
Cash$33,940 
Hold back1,000 
Convertible note4,368 
Common stock3,351 
Working capital adjustment(534)
Total fair value of consideration transferred for acquired business$42,125 
The preliminary purchase price has been allocated to the assets acquired and liabilities assumed as of the date of acquisition as follows (in thousands):
Accounts receivable$3,452 
Property and equipment, net170 
Right-of-use asset - operating lease141 
Intangible assets11,315 
Goodwill2,879 
Current liabilities assumed(2,471)
Lease liabilities - operating leases(141)
Total net assets acquired$15,345 
Cash$6,800 
Hold back, working capital*$350 
Hold back, indemnities* $850 
Working capital adjustment*$677 
Fair value of contingent consideration$6,668 
Total fair value of consideration transferred for acquired business$15,345 
*Included in Other current liabilities
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination
The allocation of the intangible assets is as follows (in thousands):
 Estimated Fair
Value		Estimated 
Useful Lives
Covenants not to compete$50 5 years
Client partner list13,434 10 years
Total$13,484  
The allocation of the intangible assets is as follows (in thousands):
 Estimated Fair
Value		Estimated 
Useful Lives
Covenants not to compete$298 5 years
Client partner list11,017 10 years
Total$11,315  
Business Acquisition, Pro Forma Information
The Company estimates what would have been reported if the revenues and net income from continuing operations of the Horn Solutions and Arroyo Consulting acquisition had taken place on the first day of Fiscal 2022 (in thousands, except income per share):

 Thirteen Weeks EndedTwenty-six Weeks Ended
#SHEET!#SHEET!#SHEET!June 26, 2022
Revenues$82,428 $86,696 $162,919 $166,219 
Gross profit$30,026 $30,678 $58,527 $58,772 
Net income (loss)$2,755 $4,751 $(12,933)$7,004 
Income (loss) per share from continuing operations:
Basic$0.26 $0.45 $(1.21)$0.67 
Diluted$0.26 $0.45 $(1.21)$0.67