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Segment Information (Tables)
6 Months Ended
Jul. 01, 2022
Segment Reporting [Abstract]  
Schedule of Operating Segments

The operating results for the Company’s segments for the quarters ended July 1, 2022 and July 2, 2021 were as follows:

 

Quarter Ended July 1, 2022

 

North America IT

 

 

Europe IT

 

 

Non-Strategic

 

 

 

 

 

(amounts in thousands)

 

Solutions & Services

 

 

Solutions & Services

 

 

Technology Services

 

 

Total

 

Revenue

 

$

20,339

 

 

$

37,160

 

 

$

25,260

 

 

$

82,759

 

Direct costs

 

 

13,260

 

 

 

27,578

 

 

 

22,171

 

 

 

63,009

 

Gross profit

 

 

7,079

 

 

 

9,582

 

 

 

3,089

 

 

 

19,750

 

Operating expenses

 

 

3,532

 

 

 

4,855

 

 

 

701

 

 

 

9,088

 

Contribution profit

 

$

3,547

 

 

$

4,727

 

 

$

2,388

 

 

 

10,662

 

General and administrative expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7,489

 

Operating income

 

 

 

 

 

 

 

 

 

 

 

 

 

$

3,173

 

 

 

Quarter Ended July 2, 2021

 

North America IT

 

 

Europe IT

 

 

Non-Strategic

 

 

 

 

 

(amounts in thousands)

 

Solutions & Services

 

 

Solutions & Services

 

 

Technology Services

 

 

Total

 

Revenue

 

$

16,762

 

 

$

44,054

 

 

$

31,348

 

 

$

92,164

 

Direct costs

 

 

10,688

 

 

 

33,306

 

 

 

27,791

 

 

 

71,785

 

Gross profit

 

 

6,074

 

 

 

10,748

 

 

 

3,557

 

 

 

20,379

 

Operating expenses

 

 

3,166

 

 

 

5,136

 

 

 

1,318

 

 

 

9,620

 

Contribution profit

 

$

2,908

 

 

$

5,612

 

 

$

2,239

 

 

 

10,759

 

General and administrative expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7,958

 

Operating income

 

 

 

 

 

 

 

 

 

 

 

 

 

$

2,801

 

Two Quarters Ended July 1, 2022

 

North America IT

 

 

Europe IT

 

 

Non-Strategic

 

 

 

 

 

(amounts in thousands)

 

Solutions & Services

 

 

Solutions & Services

 

 

Technology Services

 

 

Total

 

Revenue

 

$

40,773

 

 

$

79,638

 

 

$

51,765

 

 

$

172,176

 

Direct costs

 

 

26,832

 

 

 

59,577

 

 

 

45,422

 

 

 

131,831

 

Gross profit

 

 

13,941

 

 

 

20,061

 

 

 

6,343

 

 

 

40,345

 

Operating expenses

 

 

6,663

 

 

 

10,083

 

 

 

1,512

 

 

 

18,258

 

Contribution profit

 

$

7,278

 

 

$

9,978

 

 

$

4,831

 

 

 

22,087

 

General and administrative expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

15,715

 

Operating income

 

 

 

 

 

 

 

 

 

 

 

 

 

$

6,372

 

 

Two Quarters Ended July 2, 2021

 

North America IT

 

 

Europe IT

 

 

Non-Strategic

 

 

 

 

 

(amounts in thousands)

 

Solutions & Services

 

 

Solutions & Services

 

 

Technology Services

 

 

Total

 

Revenue

 

$

35,216

 

 

$

90,061

 

 

$

64,016

 

 

$

189,293

 

Direct costs

 

 

23,130

 

 

 

68,096

 

 

 

56,921

 

 

 

148,147

 

Gross profit

 

 

12,086

 

 

 

21,965

 

 

 

7,095

 

 

 

41,146

 

Operating expenses

 

 

6,323

 

 

 

10,619

 

 

 

2,633

 

 

 

19,575

 

Contribution profit

 

$

5,763

 

 

$

11,346

 

 

$

4,462

 

 

 

21,571

 

General and administrative expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

16,672

 

Operating income

 

 

 

 

 

 

 

 

 

 

 

 

 

$

4,899