Segment Information (Tables)

3 Months Ended

Apr. 02, 2022

Segment Reporting [Abstract]

Summary of Segment Information

The following tables summarize the Company’s segment information for the three-month periods ended April 2, 2022 and April 3, 2021, respectively (amounts in thousands):

	For the three-month period ended April 2, 2022
	PDS			HHH			MS			Total
Revenue	$	350,190		$	66,623		$	33,721		$	450,534
Cost of revenue, excluding depreciation and amortization		251,874			34,168			19,666			305,708
Gross margin	$	98,316		$	32,455		$	14,055		$	144,826
Gross margin percentage		28.1	%		48.7	%		41.7	%		32.1	%
	For the three-month period ended April 3, 2021
	PDS			HHH			MS			Total
Revenue	$	350,827		$	31,518		$	34,815		$	417,160
Cost of revenue, excluding depreciation and amortization		248,997			17,329			19,151			285,477
Gross margin	$	101,830		$	14,189		$	15,664		$	131,683
Gross margin percentage		29.0	%		45.0	%		45.0	%		31.6	%

	For the three-month periods ended
Segment Reconciliation:	April 2, 2022			April 3, 2021
Total segment gross margin	$	144,826		$	131,683
Branch and regional administrative expenses		88,743			69,372
Corporate expenses		36,567			27,399
Depreciation and amortization		5,819			4,848
Acquisition-related costs		91			1,768
Other operating income		(170	)		-
Operating income		13,776			28,296
Interest income		62			77
Interest expense		(22,364	)		(22,425	)
Other income		36,457			159
Income before income taxes	$	27,931		$	6,107