Segment Information (Tables)

3 Months Ended

Mar. 29, 2025

Segment Reporting [Abstract]

Summary of Segment Information

The following tables summarize the Company’s segment information for the three-month periods ended March 29, 2025 and March 30, 2024 (amounts in thousands):

	For the three-month period ended March 29, 2025
	PDS			HHH			MS			Total
Revenue	$	459,998		$	56,733		$	42,493		$	559,224
Cost of revenue, excluding depreciation and amortization		325,313			25,993			24,360			375,666
Gross margin	$	134,685		$	30,740		$	18,133		$	183,558
Gross margin percentage		29.3	%		54.2	%		42.7	%		32.8	%
	For the three-month period ended March 30, 2024
	PDS			HHH			MS			Total
Revenue	$	395,009		$	54,613		$	41,031		$	490,653
Cost of revenue, excluding depreciation and amortization		294,874			25,639		$	24,286			344,799
Gross margin	$	100,135		$	28,974		$	16,745		$	145,854
Gross margin percentage		25.4	%		53.1	%		40.8	%		29.7	%

	For the three-month periods ended
Segment Reconciliation:	March 29, 2025			March 30, 2024
Total segment gross margin	$	183,558		$	145,854
Branch and regional administrative expenses		91,387			87,914
Corporate expenses		37,505			29,842
Depreciation and amortization		2,594			2,912
Acquisition-related costs		106			-
Other operating expense		165			2,320
Operating income		51,801			22,866
Interest income		132			102
Interest expense		(36,335	)		(39,647	)
Other (expense) income		(5,450	)		18,169
Income before income taxes	$	10,148		$	1,490