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ACQUISITIONS (Tables)

9 Months Ended

Oct. 01, 2023

Business Combinations [Abstract]

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						$	298					5 years
Client partner list						11,017						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 Ended									Thirty-nine Weeks Ended
			October 1, 2023			September 25, 2022						October 1, 2023			September 25, 2022
Revenues			$	83,484		$	90,959					$	246,403		$	257,178
Gross profit			$	29,980		$	33,201					$	88,506		$	91,973
Net income (loss)			$	2,640		$	5,720					$	(10,479)		$	12,725
Income (loss) per share from continuing operations:
Basic			$	0.24		$	0.55					$	(0.97)		$	1.22
Diluted			$	0.24		$	0.54					$	(0.97)		$	1.21

X

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(2)
-URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(3)
-URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

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X

- Definition

Tabular disclosure of finite-lived and indefinite-lived intangible assets acquired as part of a business combination.

+ References

No definition available.

+ Details

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