Segment Information (Tables)

12 Months Ended

Dec. 31, 2023


	Year Ended December 31,
	2023		2022		2021
	(in thousands)
Revenues1
Housekeeping	$	766,651	$	795,687	$	821,329
Dietary	904,738		894,489		820,630
Total	$	1,671,389	$	1,690,176	$	1,641,959

Income before income taxes
Housekeeping	$	61,311	$	73,096	$	79,380
Dietary	43,547		29,065		45,758
Corporate2	(51,802)		(57,608)		(59,626)
Total	$	53,056	$	44,553	$	65,512

Depreciation and amortization
Housekeeping	$	4,380	$	5,491	$	5,399
Dietary	3,001		3,075		2,611
Corporate	6,963		6,750		6,657
Consolidated	$	14,344	$	15,316	$	14,667

Total assets
Housekeeping	$	253,729	$	250,444	$	225,531
Dietary	291,550		263,126		221,911
Corporate3	245,373		207,266		332,447
Consolidated	$	790,652	$	720,836	$	779,889

Capital expenditures
Housekeeping	$	4,684	$	4,412	$	5,005
Dietary	494		499		451
Corporate	228		299		231
Consolidated	$	5,406	$	5,210	$	5,687

1.For the years ended December 31, 2023 and 2022, both the Housekeeping and Dietary segments earned revenue from several significant customers, although Genesis was the only customer to contribute more than 10% of consolidated revenue. For the years ended December 31, 2023, 2022 and 2021, Genesis accounted for $181.4 million or 10.9%, $169.1 million or 10.0% and $177.1 million or 10.8% of the Company’s consolidated revenues, respectively.

2.Primarily represents corporate office costs and related overhead, recording of certain inventories and supplies and workers compensation costs at the reportable segment level which use accounting methods that differ from those used at the corporate level, as well as consolidated subsidiaries’ operating expenses that are not allocated to the reportable segments, net of investment and other income and interest expense.

3.Primarily consists of cash and cash equivalents, marketable securities, deferred income taxes and other current and noncurrent assets.