XML 42 R27.htm IDEA: XBRL DOCUMENT v3.24.0.1
BUSINESS SEGMENTS
 12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
BUSINESS SEGMENTS BUSINESS SEGMENTS
 
The Company has continuing operations through the Property Management and Professional segments.

Segment (loss) income from continuing operations 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 (loss) income from continuing operations by reportable segment to consolidated results for the periods indicated at (in thousands):

 December 31, 2023January 1, 2023December 26, 2021
Revenue:  
Property Management$125,077 $121,093 $92,018 
Professional188,090 177,329 147,009 
Total$313,167 $298,422 $239,027 
Depreciation:  
Property Management$133 $179 $210 
Professional263 355 390 
Home office50 63 85 
Total$446 $597 $685 
Amortization:  
Professional$6,198 $2,338 $2,431 
Home office1,130 1,119 582 
Total$7,328 $3,457 $3,013 
December 31, 2023January 1, 2023December 26, 2021
Operating (loss) income:
Property Management$23,155 $19,803 $14,663 
Professional - without CARES Act credit and impairment loss12,292 15,604 10,340 
Professional - CARES Act credit— — 921 
Professional - impairment loss(22,545)— — 
Home office - general and administrative(20,087)(19,124)(14,948)
Home office - CARES Act credit— — 1,150 
Home office - gain on contingent consideration— — 2,404 
Total$(7,185)$16,283 $14,530 
Capital Expenditures:
Property Management$70 $135 $106 
Professional444 90 107 
Home office2,083 5,455 2,991 
Total$2,597 $5,680 $3,204 
Total Assets:  
Property Management$29,884 $29,302 
Professional122,751 141,018 
Home office25,882 24,353 
Total$178,517 $194,673