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Segment Information (Tables)
12 Months Ended
Dec. 30, 2023
Segment Reporting [Abstract]  
Summary of Segment Information

The following tables summarize the Company’s segment information for the fiscal years ended December 30, 2023 and December 31, 2022, respectively (amounts in thousands):

 

 

For the fiscal year ended December 30, 2023

 

 

PDS

 

HHH

 

MS

 

Total

 

Revenue

$

1,518,811

 

$

218,628

 

$

157,770

 

$

1,895,209

 

Cost of revenue, excluding depreciation and amortization

 

1,095,091

 

 

113,762

 

 

90,924

 

 

1,299,777

 

Gross margin

$

423,720

 

$

104,866

 

$

66,846

 

$

595,432

 

Gross margin percentage

 

27.9

%

 

48.0

%

 

42.4

%

 

31.4

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the fiscal year ended December 31, 2022

 

 

PDS

 

HHH

 

MS

 

Total

 

Revenue

$

1,415,105

 

$

232,584

 

$

139,956

 

$

1,787,645

 

Cost of revenue, excluding depreciation and amortization

 

1,022,640

 

 

130,721

 

$

81,057

 

 

1,234,418

 

Gross margin

$

392,465

 

$

101,863

 

$

58,899

 

$

553,227

 

Gross margin percentage

 

27.7

%

 

43.8

%

 

42.1

%

 

30.9

%

 

 

 

 

 

 

 

 

 

 

 

For the fiscal years ended

 

Segment Reconciliation:

December 30, 2023

 

December 31, 2022

 

Total segment gross margin

$

595,432

 

$

553,227

 

Branch and regional administrative expenses

 

360,978

 

 

357,230

 

Corporate expenses

 

113,034

 

 

137,864

 

Goodwill impairment

 

105,136

 

 

675,346

 

Depreciation and amortization

 

13,778

 

 

21,313

 

Acquisition-related costs

 

466

 

 

99

 

Other operating (income) expense

 

(6,032

)

 

3,651

 

Operating income (loss)

 

8,072

 

 

(642,276

)

Interest income

 

327

 

 

679

 

Interest expense

 

(153,246

)

 

(107,720

)

Other income

 

5,851

 

 

85,503

 

Loss before income taxes

$

(138,996

)

$

(663,814

)