XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
Unaudited Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Oct. 01, 2021
Sep. 30, 2022
Oct. 01, 2021
Income Statement [Abstract]        
Revenues $ 162,119 $ 138,719 $ 453,807 $ 393,550
Subcontractor costs (33,154) (26,206) (93,025) (73,123)
Other costs of revenues (52,180) (46,372) (146,714) (132,432)
Gross Profit 76,785 66,141 214,068 187,995
Operating expenses:        
Personnel costs and benefits (37,254) (35,210) (110,059) (101,731)
Selling general and administrative (16,832) (16,327) (48,604) (44,379)
Change in fair value of earnouts   (2,823)
Depreciation and amortization (8,821) (5,971) (24,117) (16,471)
Total Operating expenses (62,907) (57,508) (182,780) (165,404)
Operating income 13,878 8,633 31,288 22,591
Interest expense (11,502) (10,750) (34,392) (44,050)
Income (loss) before income taxes 2,376 (2,117) (3,104) (21,459)
Income tax expense (392) (409) (742) (641)
Net income (loss) 1,984 (2,526) (3,846) (22,100)
Provision for non-controlling interest (79) 233 419 13,019
Redeemable preferred stock dividends (5,899)
Net income (loss) attributable to Class A common stock shareholders/members $ 1,905 $ (2,293) $ (3,427) $ (14,980)
Income (Loss) Per Class A Common Share (in Dollars per share) $ 0.05 $ (0.07) $ (0.1) $ (0.58)
Weighted average of shares outstanding:        
Class A common shares (basic and diluted) (in Shares) 37,511,678 32,826,431 35,822,028 25,862,913