XML 43 R27.htm IDEA: XBRL DOCUMENT v3.25.0.1
BUSINESS SEGMENTS
12 Months Ended
Dec. 29, 2024
Segment Reporting [Abstract]  
BUSINESS SEGMENTS BUSINESS SEGMENTS
 
The Company has continuing operations through the Property Management and Professional segments (see “Note 1 - Nature of Operations”). The Home Office provides centralized support services through executive, marketing, human resources, IT, accounting, treasury, and billing operations. The chief operating decision-maker (the “CODM”), the President and Chief Executive Officer, establishes the strategic direction of the Company, priorities, and long-term financial objectives. The CODM is ultimately responsible for evaluating segment performance and making decisions regarding resource allocation. The CODM considers variances between actual results and expectations as well as historical trends for segment income when making decisions about allocating capital and personnel resources to each segment.

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 29, 2024
Property MgmtProfessionalHome Office Total
Contract field talent$102,618 $162,759 $— $265,377 
Contingent placements1,784 5,338 — 7,122 
Revenue104,402 168,097 — 272,499 
Compensation and related65,870 113,305 — 179,175 
Other163 298 — 461 
Gross profit38,369 54,494 — 92,863 
Compensation18,936 34,854 9,394 63,184 
Advertising, occupancy, and travel1,837 4,059 617 6,513 
Software, insurance, and professional fees1,275 1,754 5,665 8,694 
Other2,645 1,765 2,532 6,942 
Gain on contingent consideration
— (1,452)— (1,452)
Depreciation and amortization112 6,434 1,223 7,769 
Operating income (loss)13,564 7,080 (19,431)1,213 
Interest expense, net— — (4,921)(4,921)
Income tax benefit from continuing operations— — 370 370 
Income (loss) from continuing operations$13,564 $7,080 $(23,982)$(3,338)
Capital expenditures$57 $423 $1,160 $1,640 
Total assets$19,782 $106,766 $23,563 $150,111 
 December 31, 2023
Property MgmtProfessionalHome Office Total
Contract field talent$121,827 $182,120 $— $303,947 
Contingent placements3,250 5,970 — 9,220 
Revenue125,077 188,090 — 313,167 
Compensation and related75,132 125,737 — 200,869 
Other160 354 — 514 
Gross profit49,785 61,999 — 111,784 
Compensation21,737 36,583 10,215 68,535 
Advertising, occupancy, and travel2,087 3,959 724 6,770 
Software, insurance, and professional fees1,278 1,697 4,916 7,891 
Other1,395 1,006 3,053 5,454 
Impairment loss— 22,545 — 22,545 
Depreciation and amortization133 6,461 1,180 7,774 
Operating income (loss)23,155 (10,252)(20,088)(7,185)
Interest expense, net— — (5,976)(5,976)
Income tax benefit from continuing operations— — 2,938 2,938 
Income (loss) from continuing operations$23,155 $(10,252)$(23,126)$(10,223)
Capital expenditures$70 $444 $2,083 $2,597 
Total assets$29,884 $122,751 $25,882 $178,517 

 January 1, 2023
Property MgmtProfessionalHome Office Total
Contract field talent$117,086 $172,769 $— $289,855 
Contingent placements4,007 4,560 — 8,567 
Revenue121,093 177,329 — 298,422 
Compensation and related73,358 121,474 — 194,832 
Other40 — 42 
Gross profit47,695 55,853 — 103,548 
Compensation23,312 32,607 8,862 64,781 
Advertising, occupancy, and travel2,222 2,836 747 5,805 
Software, insurance, and professional fees1,153 1,461 5,776 8,390 
Other1,026 652 2,557 4,235 
Depreciation and amortization179 2,693 1,182 4,054 
Operating income (loss)19,803 15,604 (19,124)16,283 
Interest expense, net— — (1,363)(1,363)
Income tax expense from continuing operations— — (3,659)(3,659)
Income (loss) from continuing operations$19,803 $15,604 $(24,146)$11,261 
Capital expenditures$135 $90 $5,455 $5,680