Annual report pursuant to Section 13 and 15(d)

Quarterly Financial Information (unaudited) (Tables)

v3.21.4
Quarterly Financial Information (unaudited) (Tables)
12 Months Ended
Oct. 31, 2021
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Selected Consolidated Statements of Operations Data
The following tables present certain unaudited consolidated quarterly financial information for each quarter in the fiscal years ended October 31, 2021 and November 1, 2020 (in thousands, except per share amounts):
  Three Months Ended
  January 31, 2021 May 2, 2021 August 1, 2021 October 31, 2021
  (unaudited) (unaudited) (unaudited) (unaudited)
13 weeks 13 weeks 13 weeks 13 weeks
NET REVENUE $ 217,958  $ 222,092  $ 217,534  $ 227,809 
Cost of services 185,276  185,613  181,334  189,648 
GROSS MARGIN 32,682  36,479  36,200  38,161 
Selling, administrative and other operating costs 33,747  32,950  34,039  34,691 
Restructuring and severance costs 632  595  489  1,123 
Impairment charges 31  261  112  20 
OPERATING INCOME (LOSS) (1,728) 2,673  1,560  2,327 
Interest income 15 
Interest expense (484) (438) (460) (423)
Foreign exchange gain (loss), net 242  71  (34) 39 
Other income (expense), net (156) (147) (152) (150)
INCOME (LOSS) BEFORE INCOME TAXES (2,119) 2,167  929  1,800 
Income tax provision 327  288  314  474 
NET INCOME (LOSS) $ (2,446) $ 1,879  $ 615  $ 1,326 
PER SHARE DATA:
Basic:
Net income (loss) $ (0.11) $ 0.09  $ 0.03  $ 0.06 
Weighted average number of shares 21,793  21,793  21,968  21,981 
Diluted:
Net income (loss) $ (0.11) $ 0.08  $ 0.03  $ 0.06 
Weighted average number of shares 21,793  22,588  22,651  22,811 
  Three Months Ended
  February 2, 2020 May 3, 2020 August 2, 2020 November 1, 2020
  (unaudited) (unaudited) (unaudited) (unaudited)
13 weeks 13 weeks 13 weeks 13 weeks
NET REVENUE $ 217,766  $ 207,275  $ 185,941  $ 211,073 
Cost of services 186,339  175,038  155,983  176,844 
GROSS MARGIN 31,427  32,237  29,958  34,229 
Selling, administrative and other operating costs 39,497  36,189  31,245  30,735 
Restructuring and severance costs 1,246  411  546  438 
Impairment charges 11  —  2,384  14,518 
OPERATING LOSS (9,327) (4,363) (4,217) (11,462)
Interest income 30  31 
Interest expense (730) (652) (476) (439)
Foreign exchange gain (loss), net (328) (266) 571  (62)
Other income (expense), net (258) (152) (168) (291)
LOSS BEFORE INCOME TAXES (10,613) (5,402) (4,281) (12,246)
Income tax provision 195  23  556  271 
NET LOSS $ (10,808) $ (5,425) $ (4,837) $ (12,517)
PER SHARE DATA:
Basic:
Net Loss $ (0.50) $ (0.25) $ (0.22) $ (0.58)
Weighted average number of shares 21,416  21,416  21,589  21,607 
Diluted:
Net Loss $ (0.50) $ (0.25) $ (0.22) $ (0.58)
Weighted average number of shares 21,416  21,416  21,589  21,607