Segment Information (Tables)

6 Months Ended

Jul. 02, 2022

Segment Reporting [Abstract]

Summary of Segment Information

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

	For the three-month period ended July 2, 2022
	PDS			HHH			MS			Total
Revenue	$	348,025		$	61,382		$	33,548		$	442,955
Cost of revenue, excluding depreciation and amortization		246,636			31,797			19,479			297,912
Gross margin	$	101,389		$	29,585		$	14,069		$	145,043
Gross margin percentage		29.1	%		48.2	%		41.9	%		32.7	%
	For the three-month period ended July 3, 2021
	PDS			HHH			MS			Total
Revenue	$	349,680		$	50,071		$	36,361		$	436,112
Cost of revenue, excluding depreciation and amortization	$	243,898		$	25,765		$	19,860			289,523
Gross margin	$	105,782		$	24,306		$	16,501		$	146,589
Gross margin percentage		30.3	%		48.5	%		45.4	%		33.6	%

	For the six-month period ended July 2, 2022
	PDS			HHH			MS			Total
Revenue	$	698,215		$	128,005		$	67,269		$	893,489
Cost of revenue, excluding depreciation and amortization		498,510			65,965			39,145			603,620
Gross margin	$	199,705		$	62,040		$	28,124		$	289,869
Gross margin percentage		28.6	%		48.5	%		41.8	%		32.4	%
	For the six-month period ended July 3, 2021
	PDS			HHH			MS			Total
Revenue	$	700,507		$	81,589		$	71,176		$	853,272
Cost of revenue, excluding depreciation and amortization		492,895			43,094			39,011			575,000
Gross margin	$	207,612		$	38,495		$	32,165		$	278,272
Gross margin percentage		29.6	%		47.2	%		45.2	%		32.6	%

	For the three-month periods ended						For the six-month periods ended
Segment Reconciliation:	July 2, 2022			July 3, 2021			July 2, 2022			July 3, 2021
Total segment gross margin	$	145,043		$	146,589		$	289,869		$	278,272
Branch and regional administrative expenses		88,998			77,720			177,741			147,092
Corporate expenses		36,202			32,401			72,769			59,800
Goodwill impairment		470,207			-			470,207			-
Depreciation and amortization		6,038			5,170			11,857			10,018
Acquisition-related costs		(22	)		1,004			69			2,772
Other operating expense (income)		1			-			(169	)		-
Operating (loss) income		(456,381	)		30,294			(442,605	)		58,590
Interest income		143			61			205			138
Interest expense		(22,919	)		(19,262	)		(45,283	)		(41,687	)
Loss on debt extinguishment		-			(8,918	)		-			(8,918	)
Other income (expense)		4,926			(736	)		41,383			(577	)
(Loss) Income before income taxes	$	(474,231	)	$	1,439		$	(446,300	)	$	7,546