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Segment Information (Tables)
12 Months Ended
Dec. 28, 2024
Segment Reporting [Abstract]  
Summary of Segment Information

The following tables summarize the Company’s segment information for the fiscal years ended December 28, 2024 and December 30, 2023 (amounts in thousands):

 

 

For the fiscal year ended December 28, 2024

 

 

PDS

 

HHH

 

MS

 

Total

 

Revenue

$

1,634,609

 

$

217,805

 

$

172,092

 

$

2,024,506

 

Cost of revenue, excluding depreciation and amortization

 

1,190,148

 

 

101,310

 

 

97,506

 

 

1,388,964

 

Gross margin

$

444,461

 

$

116,495

 

$

74,586

 

$

635,542

 

Gross margin percentage

 

27.2

%

 

53.5

%

 

43.3

%

 

31.4

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 years ended

 

Segment Reconciliation:

December 28, 2024

 

December 30, 2023

 

Total segment gross margin

$

635,542

 

$

595,432

 

Branch and regional administrative expenses

 

352,814

 

 

360,978

 

Corporate expenses

 

125,402

 

 

113,034

 

Goodwill impairment

 

-

 

 

105,136

 

Depreciation and amortization

 

10,778

 

 

13,778

 

Acquisition-related costs

 

1,490

 

 

466

 

Other operating expense (income)

 

5,271

 

 

(6,032

)

Operating income

 

139,787

 

 

8,072

 

Interest income

 

498

 

 

327

 

Interest expense

 

(156,602

)

 

(153,246

)

Other income

 

21,389

 

 

5,851

 

Income (loss) before income taxes

$

5,072

 

$

(138,996

)