Note 7 - Goodwill

12 Months Ended

Dec. 30, 2023

Notes to Financial Statements

Goodwill Disclosure [Text Block]

7.    GOODWILL

Goodwill represents the premium paid over the fair value of the net tangible and intangible assets acquired in business combinations.  The Company tests goodwill for impairment on an annual basis as of the last day of the Company's fiscal year or more frequently if events occur or circumstances change indicating that the fair value of goodwill may be below the carrying amount.  The Company reviewed industry and market conditions, reporting unit specific events as well as overall financial performance and determined that no indicators of impairment of goodwill existed during the fiscal years ended December 30, 2023, December 31, 2022 and January 1, 2022. As such, no impairment loss on the Company’s goodwill during the fiscal years ended December 30, 2023, December 31, 2022 or January 1, 2022 was recorded as a result of such review.

The changes in the carrying amount of goodwill for the fiscal years ended December 30, 2023, December 31, 2022 and January 1, 2022 are as follows:

	Engineering		Specialty Health Care		Information Technology		Total
Balance as of January 2, 2021	$	11,918	$	2,398	$	2,038	$	16,354
No change in fiscal 2021		-		-		-		-
Balance as of January 1, 2022	$	11,918	$	2,398	$	2,038	$	16,354
Acquisition of TalentHerder		-		-		5,793		5,793
Balance as of December 31, 2022	$	11,918	$	2,398	$	7,831	$	22,147
No change in fiscal 2023		-		-		-		-
Balance as of December 30, 2023	$	11,918	$	2,398	$	7,831	$	22,147