XML 38 R26.htm IDEA: XBRL DOCUMENT
v3.25.2

DISCONTINUED OPERATIONS (Tables) | 6 Months Ended
--- | ---
Jun. 29, 2025
Discontinued Operations and Disposal Groups [Abstract] |
Disposal Groups, Including Discontinued Operations | The financial results of BGSF Professional are as follows (in thousands):
|  |  | Thirteen Weeks Ended |  | Twenty-six Weeks Ended
|  |  | June 29, 2025 |  | June 30, 2024 |  | June 29, 2025 |  | June 30, 2024
Revenue |  | $ | 40,268 |  |  | $ | 42,411 |  |  | $ | 82,619 |  |  | $ | 86,630 |
Cost of services |  | 28,024 |  |  | 28,377 |  |  | 57,015 |  |  | 58,501 |
| Gross profit |  | 12,244 |  |  | 14,034 |  |  | 25,604 |  |  | 28,129 |
Selling, general, and administrative expenses |  | 10,000 |  |  | 10,828 |  |  | 19,908 |  |  | 21,582 |
Gain on contingent consideration |  | (450) |  |  | — |  |  | (450) |  |  | — |
Depreciation and amortization |  | 1,336 |  |  | 1,649 |  |  | 2,678 |  |  | 3,317 |
| Income from discontinued operations |  | 1,358 |  |  | 1,557 |  |  | 3,468 |  |  | 3,230 |
Interest (expense) benefit |  | (49) |  |  | 44 |  |  | (91) |  |  | 89 |
| Income from discontinued operations before taxes |  | 1,309 |  |  | 1,601 |  |  | 3,377 |  |  | 3,319 |
Income tax expense |  | (183) |  |  | (280) |  |  | (737) |  |  | (742) |
| Income from discontinued operations, net of income taxes |  | $ | 1,126 |  |  | $ | 1,321 |  |  | $ | 2,640 |  |  | $ | 2,577 |
Carrying amount of assets, liabilities, and equity included as part of discontinued operations (in thousands):
|  |  | June 29, 2025 |  | December 29, 2024
Carrying amount of assets included as part of discontinued operations: |  |  |  |  |
Cash and cash equivalents |  |  | $ | 511 |  |  | $ | 321 |
Accounts receivable (net of allowance for credit losses of $378 and $223, respectively) |  |  | 25,719 |  |  | 23,046 |
Prepaid expenses |  |  | 1,105 |  |  | 885 |
Other current assets |  |  | 138 |  |  | 102 |
Total current assets |  |  | 27,473 |  |  | 24,354 |
Property and equipment, net |  |  | 568 |  |  | 529 |
Deposits |  |  | 84 |  |  | 88 |
Software as a service, net |  |  | 361 |  |  | 370 |
Deferred income taxes, net |  |  | 640 |  |  | 607 |
Right of-use-assets-operating leases, net |  |  | 3,676 |  |  | 3,891 |
Intangible assets, net |  |  | 17,668 |  |  | 20,131 |
Goodwill |  |  | 58,078 |  |  | 58,078 |
Total other assets |  |  | 81,075 |  |  | 83,694 |
Total assets classified as discontinued operations |  |  | $ | 108,548 |  |  | $ | 108,048 |
Carrying amount of liabilities and equity included as part of discontinued operations: |  |  |  |  |
Accrued payroll and expenses |  |  | $ | 8,336 |  |  | $ | 8,133 |
Contingent consideration, current portion |  |  | 1,696 |  |  | 2,662 |
Lease liabilities, current portions |  |  | 1,061 |  |  | 1,030 |
Total current liabilities |  |  | 11,093 |  |  | 11,825 |
Lease liabilities, less current portion |  |  | 2,883 |  |  | 3,071 |
Contingent consideration, less current portion |  |  | 608 |  |  | — |
Total noncurrent liabilities |  |  | 3,491 |  |  | 3,071 |
Other long-term liabilities (intercompany) |  |  | 29,222 |  |  | 32,195 |
Total liabilities classified as discontinued operations |  |  | 43,806 |  |  | 47,091 |
Retained earnings |  |  | 64,742 |  |  | 60,957 |
Total liabilities and equity classified as discontinued operations |  |  | $ | 108,548 |  |  | $ | 108,048 |

X
- References No definition available. + Details
Name: | us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 3 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483475/205-20-45-11 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 3A -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-3A Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-4A Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-4B Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5A -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-5A Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5B -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-5B Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5C -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-5C Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5D -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-5D Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-7 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-3A Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 20 -Topic 205 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-1 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-3 + Details
Name: | us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration