BUSINESS SEGMENTS

6 Months Ended

Jun. 26, 2022

Segment Reporting [Abstract]

Business Segments

BUSINESS SEGMENTS

The Company operates within two industry segments: Real Estate and Professional. Segment income from continuing operations includes all revenue and cost of services, direct selling expenses, depreciation and amortization expense and excludes all general and administrative (home office) expenses. Assets of home office include cash, unallocated prepaid expenses, property and equipment, deferred tax assets, and other assets.

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

	Thirteen Weeks Ended				Twenty-six Weeks Ended
	June 26, 2022		June 27, 2021		June 26, 2022		June 27, 2021
Revenue:
Real Estate	$	29,979,775	$	21,212,102	$	55,895,863	$	39,824,847
Professional	44,109,391		36,185,620		86,735,580		67,323,066
Total	$	74,089,166	$	57,397,722	$	142,631,443	$	107,147,913
Depreciation:
Real Estate	$	47,379	$	53,796	$	94,661	$	108,786
Professional	89,163		98,224		185,390		197,033
Home office	15,611		20,729		32,354		44,766
Total	$	152,153	$	172,749	$	312,405	$	350,585

Amortization:
Professional	$	542,619	$	610,274	$	1,100,195	$	1,210,281
Home office	227,062		82,817		408,207		141,217
Total	$	769,681	$	693,091	$	1,508,402	$	1,351,498
Operating income:
Real Estate	$	4,817,279	$	2,973,221	$	8,852,160	$	5,425,663
Professional	3,816,634		2,584,082		7,286,434		4,077,358
Home office - SGA	(4,394,602)		(3,444,720)		(9,083,769)		(7,314,395)
Home office - gain on contingent consideration	—		1,194,575		—		1,194,575
Total	$	4,239,311	$	3,307,158	$	7,054,825	$	3,383,201

Capital expenditures:
Real Estate	$	44,555	$	23,962	$	53,278	$	64,941
Professional	26,250		19,876		50,390		79,895
Home office	1,409,466		492,236		3,426,828		931,549
Total	$	1,480,271	$	536,074	$	3,530,496	$	1,076,385

	June 26, 2022		December 26, 2021
Total Assets:
Real Estate	$	21,718,681	$	20,753,085
Professional	91,817,491		92,782,442
Home office	22,429,658		20,347,059
Discontinued operations	—		14,411,380
Total	$	135,965,830	$	148,293,966