Note 13 - Segment Information

3 Months Ended

Apr. 01, 2023

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

13.   Segment Information

The Company follows ASC 280, “Segment Reporting,” which establishes standards for companies to report information about operating segments, geographic areas and major customers. The accounting policies of each reportable segment are the same as those described in the summary of significant accounting policies (see Note 1 to the Company’s Consolidated Financial Statements included in its Annual Report on Form 10-K for the year ended December 31, 2022).

Segment operating income includes selling, general and administrative expenses directly attributable to that segment as well as charges for allocating corporate costs to each of the operating segments. The following tables reflect the results of the reportable segments consistent with the Company’s management system:

Thirteen Weeks Ended April 1, 2023	Specialty Health Care		Engineering			Life Sciences and IT		Corporate		Total
Revenue	$	39,130	$	18,490		$	9,504	$	-	$	67,124
Cost of services		27,458		14,444			6,198		-		48,100
Gross profit		11,672		4,046			3,306		-		19,024
Selling, general and administrative		7,216		3,913			2,267		-		13,396
Depreciation and amortization of property and equipment		108		127			36		-		271
Amortization of acquired intangible assets		-		-			45		-		45
Gain on sale of assets		-		(395	)		-		-		(395	)
Operating income	$	4,348	$	401		$	958	$	-	$	5,707
Total assets as of April 1, 2023	$	40,477	$	36,065		$	15,901	$	5,085	$	97,528
Property and equipment acquired	$	18	$	288		$	17	$	9	$	332

Thirteen Weeks Ended April 2, 2022	Specialty Health Care		Engineering		Life Sciences and IT		Corporate		Total
Revenue	$	52,184	$	19,898	$	9,879	$	-	$	81,961
Cost of services		37,183		14,664		6,694		-		58,541
Gross profit		15,001		5,234		3,185		-		23,420
Selling, general and administrative		7,976		4,107		2,064		-		14,147
Depreciation and amortization of property and equipment		120		95		23		-		238
Operating income	$	6,905	$	1,032	$	1,098		-	$	9,035
Total assets as of April 2, 2022	$	42,618	$	30,122	$	8,104	$	3,366	$	84,210
Property and equipment acquired	$	27	$	165	$	20	$	5	$	217

The Company derives a majority of its revenue from offices in the United States. Revenues reported for each operating segment are all from external customers. The Company is domiciled in the United States and its segments operate in the United States, Canada, Puerto Rico and Europe. Revenue by geographic area for the thirteen weeks ended April 1, 2023 and April 2, 2022 was as follows:

	Thirteen Weeks Ended
	April 1, 2023		April 2, 2022
Revenue
United States	$	63,323	$	78,793
Canada		1,581		1,229
Puerto Rico		1,562		1,220
Europe		658		719
	$	67,124	$	81,961

Total assets by geographic area as of the reported periods were as follows:

	April 1, 2023		December 31, 2022
Total assets
United States	$	93,667	$	81,558
Canada		985		1,640
Puerto Rico		1,882		1,401
Europe		994		3,365
	$	97,528	$	87,964