XML 36 R25.htm IDEA: XBRL DOCUMENT
v3.25.3

DISCONTINUED OPERATIONS (Tables) | 9 Months Ended
--- | ---
Sep. 28, 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 |  | Thirty-nine Weeks Ended
|  |  | September 28, 2025 |  | September 29, 2024 |  | September 28, 2025 |  | September 29, 2024
Revenue |  | $ | 29,490 |  |  | $ | 41,362 |  |  | $ | 112,109 |  |  | $ | 127,992 |
Cost of services |  | 20,325 |  |  | 27,730 |  |  | 77,340 |  |  | 86,231 |
| Gross profit |  | 9,165 |  |  | 13,632 |  |  | 34,769 |  |  | 41,761 |
Selling, general, and administrative expenses |  | 7,590 |  |  | 10,602 |  |  | 27,497 |  |  | 32,184 |
Gain on contingent consideration |  | 450 |  |  | — |  |  | — |  |  | — |
Depreciation and amortization |  | 899 |  |  | 1,557 |  |  | 3,577 |  |  | 4,874 |
| Income from discontinued operations before taxes |  | $ | 226 |  |  | $ | 1,473 |  |  | $ | 3,695 |  |  | $ | 4,703 |
The preliminary carrying amount of assets, liabilities, and equity included as part of discontinued operations (in thousands):
|  |  | September 7, 2025 |  | December 29, 2024
Cash and cash equivalents |  |  | $ | 355 |  |  | $ | 321 |
Accounts receivable (net of allowance for credit losses of $378 and $223, respectively) |  |  | 25,481 |  |  | 23,046 |
Prepaid expenses |  |  | 1,062 |  |  | 885 |
Other current assets |  |  | 92 |  |  | 102 |
Total current assets |  |  | 26,990 |  |  | 24,354 |
Property and equipment, net |  |  | 541 |  |  | 529 |
Deposits |  |  | 82 |  |  | 88 |
Software as a service, net |  |  | 353 |  |  | 370 |
Deferred income taxes, net |  |  | 681 |  |  | 607 |
Right of-use-assets-operating leases, net |  |  | 3,442 |  |  | 3,891 |
Intangible assets, net |  |  | 16,874 |  |  | 20,131 |
Goodwill |  |  | 58,078 |  |  | 58,078 |
Total other assets |  |  | 80,051 |  |  | 83,694 |
Total assets classified as discontinued operations |  |  | $ | 107,041 |  |  | $ | 108,048 |
Accrued payroll and expenses |  |  | $ | 9,148 |  |  | $ | 8,133 |
Contingent consideration, current portion |  |  | — |  |  | 2,662 |
Lease liabilities, current portions |  |  | 963 |  |  | 1,030 |
Total current liabilities |  |  | 10,111 |  |  | 11,825 |
Lease liabilities, less current portion |  |  | 2,735 |  |  | 3,071 |
Total noncurrent liabilities |  |  | 2,735 |  |  | 3,071 |
Other long-term liabilities (intercompany) |  |  | — |  |  | 32,195 |
Total liabilities classified as discontinued operations |  |  | 12,846 |  |  | 47,091 |
Retained earnings |  |  | 94,195 |  |  | 60,957 |
Total liabilities and equity classified as discontinued operations |  |  | $ | 107,041 |  |  | $ | 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