BUSINESS SEGMENTS

3 Months Ended

Apr. 01, 2018

BUSINESS SEGMENTS

The Company operates within three industry segments: Multifamily, Professional, and Commercial. The Multifamily segment provides front office and maintenance temporary workers to various apartment communities, in 23 states, via property management companies responsible for the apartment communities' day-to-day operations. The Professional segment provides skilled temporary workers on a nationwide basis for IT and finance and accounting customer projects. The Commercial segment provides temporary workers primarily to logistics, distribution, and call center customers needing a flexible workforce in Illinois, Wisconsin, New Mexico, Texas, Tennessee and Mississippi.

Segment operating income includes all revenue and cost of services, direct selling expenses, depreciation and amortization expense and excludes all general and administrative (corporate) expenses. Assets of corporate include cash, unallocated prepaid expenses, deferred tax assets, and other assets.

The following table provides a reconciliation of revenue and operating income by reportable segment to consolidated results for the periods indicated:



	Thirteen Weeks Ended
	April 1, 2018		March 26, 2017
Revenue:
Multifamily	$	18,034,363	$	13,091,645
Professional	31,089,755		25,832,624
Commercial	17,731,352		17,919,418
Total	$	66,855,470	$	56,843,687

Depreciation:
Multifamily	$	39,282	$	23,310
Professional	52,029		41,161
Commercial	26,352		26,169
Corporate	48,173		48,951
Total	$	165,836	$	139,591



Amortization:
Professional	$	1,060,147		$	1,137,222
Commercial	66,151			94,621
Corporate	3,372			—
Total	$	1,129,670		$	1,231,843

Operating income:
Multifamily	$	2,606,378		$	1,701,517
Professional	2,266,655			1,811,980
Commercial	1,056,055			853,645
Corporate - selling	(173,948		)	(126,921		)
Corporate - general and administrative	(1,719,835		)	(1,546,865		)
Total	$	4,035,305		$	2,693,356

Capital expenditures:
Multifamily	$	9,161		$	43,287
Professional	10,992			117,819
Commercial	—			34,157
Corporate	133,751			131,849
Total	$	153,904		$	327,112



	April 1, 2018		December 31, 2017
Total Assets:
Multifamily	$	11,158,439	$	11,678,908
Professional	65,881,159		67,089,681
Commercial	17,896,666		18,075,307
Corporate	7,803,618		7,788,993
Total	$	102,739,882	$	104,632,889