XML 48 R29.htm IDEA: XBRL DOCUMENT v3.10.0.1
Quarterly Financial Information (unaudited)
 12 Months Ended
Oct. 28, 2018
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (unaudited)
Quarterly Financial Information (unaudited)
The following tables present certain unaudited consolidated quarterly financial information for each quarter in the fiscal years ended October 28, 2018 and October 29, 2017 (in thousands, except per share amounts):
 
Three Months Ended
 
January 28, 2018
 
April 29, 2018
 
July 29, 2018
 
October 28, 2018
 
(unaudited)
 
(unaudited)
 
(unaudited)
 
(unaudited)
 
 
 
 
 
 
 
 
NET REVENUE
$
253,338

 
$
263,219

 
$
257,808

 
$
264,805

Cost of services
217,329

 
225,918

 
221,448

 
220,797

GROSS MARGIN
36,009

 
37,301

 
36,360

 
44,008

 
 
 
 
 
 
 
 
Selling, administrative and other operating costs
46,938

 
42,916

 
42,222

 
41,261

Restructuring and severance costs
518

 
104

 
3,108

 
4,512

Impairment charges
—

 
155

 
—

 
351

OPERATING LOSS
(11,447
)
 
(5,874
)
 
(8,970
)
 
(2,116
)
 
 
 
 
 
 
 
 
Interest income
22

 
47

 
50

 
54

Interest expense
(804
)
 
(678
)
 
(602
)
 
(681
)
Foreign exchange gain (loss), net
703

 
(497
)
 
(294
)
 
491

Other income (expense), net
(528
)
 
(55
)
 
(296
)
 
(252
)
LOSS BEFORE INCOME TAXES
(12,054
)
 
(7,057
)
 
(10,112
)
 
(2,504
)
Income tax provision (benefit)
(1,360
)
 
630

 
1,306

 
382

NET LOSS
$
(10,694
)
 
$
(7,687
)
 
$
(11,418
)
 
$
(2,886
)
 
 
 
 
 
 
 
 
PER SHARE DATA:
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
Loss from continuing operations
$
(0.51
)
 
$
(0.37
)
 
$
(0.54
)
 
$
(0.14
)
Weighted average number of shares
21,029

 
21,032

 
21,071

 
21,072

 
 
 
 
 
 
 
 
Diluted:
 
 
 
 
 
 
 
Loss from continuing operations
$
(0.51
)
 
$
(0.37
)
 
$
(0.54
)
 
$
(0.14
)
Weighted average number of shares
21,029

 
21,032

 
21,071

 
21,072


 
Three Months Ended
 
January 29,
2017
 
April 30,
2017
 
July 30,
2017
 
October 29,
2017
 
(unaudited)
 
(unaudited)
 
(unaudited)
 
(unaudited)
 
 
 
 
 
 
 
 
NET REVENUE
$
313,024

 
$
303,005

 
$
289,924

 
$
288,483

Cost of services
266,134

 
255,886

 
244,205

 
240,816

GROSS MARGIN
46,890

 
47,119

 
45,719

 
47,667

 
 
 
 
 
 
 
 
Selling, administrative and other operating costs
48,890

 
51,171

 
46,931

 
50,138

Restructuring and severance costs
624

 
199

 
249

 
307

Gain from divestitures
—

 
(3,938
)
 
—

 
(48,033
)
Settlement and impairment charges
—

 
290

 
—

 
1,404

OPERATING INCOME (LOSS)
(2,624
)
 
(603
)
 
(1,461
)
 
43,851

 
 
 
 
 
 
 
 
Interest income
31

 
8

 
1

 
(1
)
Interest expense
(889
)
 
(899
)
 
(977
)
 
(1,025
)
Foreign exchange gain (loss), net
127

 
184

 
(1,730
)
 
(218
)
Other income (expense), net
(599
)
 
(311
)
 
(277
)
 
(375
)
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES
(3,954
)
 
(1,621
)
 
(4,444
)
 
42,232

Income tax provision (benefit)
623

 
(767
)
 
1,074

 
2,458

INCOME (LOSS) FROM CONTINUING OPERATIONS
(4,577
)
 
(854
)
 
(5,518
)
 
39,774

Loss from discontinued operations, net of income taxes
—

 
—

 
—

 
(1,693
)
NET INCOME (LOSS)
$
(4,577
)
 
$
(854
)
 
$
(5,518
)
 
$
38,081

 
 
 
 
 
 
 
 
PER SHARE DATA:
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
(0.22
)
 
$
(0.04
)
 
$
(0.26
)
 
$
1.90

Loss from discontinued operations
—

 
—

 
—

 
(0.08
)
Net income (loss)
$
(0.22
)
 
$
(0.04
)
 
$
(0.26
)
 
$
1.82

Weighted average number of shares
20,918

 
20,921

 
20,963

 
20,967

 
 
 
 
 
 
 
 
Diluted:
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
(0.22
)
 
$
(0.04
)
 
$
(0.26
)
 
$
1.90

Loss from discontinued operations
—

 
—

 
—

 
(0.08
)
Net income (loss)
$
(0.22
)
 
$
(0.04
)
 
$
(0.26
)
 
$
1.82

Weighted average number of shares
20,918

 
20,921

 
20,963

 
20,982