Volt Information Sciences (VOLT) 10-Q 9 Jun 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Apr. 30, 2017	Jun. 02, 2017
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Apr. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Trading Symbol	VISI
Entity Registrant Name	VOLT INFORMATION SCIENCES, INC.
Entity Central Index Key	103,872
Current Fiscal Year End Date	--10-29
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding (shares)		20,927,521

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2017	May 01, 2016	Apr. 30, 2017	May 01, 2016
REVENUE:
NET REVENUE	$ 303,005	$ 335,576	$ 616,029	$ 662,544
Cost of services	255,886	284,104	522,020	565,504
GROSS MARGIN	47,119	51,472	94,009	97,040
EXPENSES
Selling, administrative and other operating costs	51,171	51,128	100,061	103,751
Restructuring and severance costs	199	840	823	3,601
Impairment charge	290	0	290	0
Gain from divestitures	(3,938)	(1,663)	(3,938)	(1,663)
TOTAL EXPENSES	47,722	50,305	97,236	105,689
OPERATING INCOME (LOSS)	(603)	1,167	(3,227)	(8,649)
OTHER INCOME (EXPENSE), NET
Interest income (expense), net	(891)	(862)	(1,749)	(1,520)
Foreign exchange gain (loss), net	184	(579)	311	(235)
Other income (expense), net	(311)	(420)	(910)	(699)
TOTAL OTHER INCOME (EXPENSE), NET	(1,018)	(1,861)	(2,348)	(2,454)
LOSS BEFORE INCOME TAXES	(1,621)	(694)	(5,575)	(11,103)
Income tax provision (benefit)	(767)	1,091	(144)	1,644
NET LOSS	$ (854)	$ (1,785)	$ (5,431)	$ (12,747)
Basic:
Net loss per share (usd per share)	$ (0.04)	$ (0.09)	$ (0.26)	$ (0.61)
Weighted average number of shares - basic (shares)	20,921	20,814	20,919	20,813
Diluted:
Net loss per share (usd per share)	$ (0.04)	$ (0.09)	$ (0.26)	$ (0.61)
Weighted average number of shares - diluted (shares)	20,921	20,814	20,919	20,813

Condensed Consolidated Stateme3

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2017	May 01, 2016	Apr. 30, 2017	May 01, 2016
Statement of Comprehensive Income [Abstract]
NET LOSS	$ (854)	$ (1,785)	$ (5,431)	$ (12,747)
Other comprehensive income (loss):
Foreign currency translation adjustments, net of taxes of $0 and $0, respectively	570	2,819	1,097	304
Unrealized loss on marketable securities, net of taxes of $0 and $0, respectively	0	(2)	0	(2)
COMPREHENSIVE INCOME (LOSS)	$ (284)	$ 1,032	$ (4,334)	$ (12,445)

Condensed Consolidated Stateme4

Condensed Consolidated Statements of Comprehensive Income (Loss) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2017	May 01, 2016	Apr. 30, 2017	May 01, 2016
Statement of Comprehensive Income [Abstract]
Foreign currency translation adjustments, taxes	$ 0	$ 0	$ 0	$ 0
Unrealized gains (loss) on marketable securities, taxes	$ 0	$ 0	$ 0	$ 0

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Apr. 30, 2017	Oct. 30, 2016
CURRENT ASSETS:
Cash and cash equivalents	$ 20,743	$ 6,386
Restricted cash and short-term investments	17,481	13,948
Trade accounts receivable, net of allowances of $527 and $801, respectively	190,688	193,866
Recoverable income taxes	3,281	16,979
Other current assets	11,522	11,806
Assets held for sale	694	17,580
TOTAL CURRENT ASSETS	244,409	260,565
Other assets, excluding current portion	25,534	25,767
Property, equipment and software, net	32,899	30,133
TOTAL ASSETS	302,842	316,465
CURRENT LIABILITIES:
Accrued compensation	26,393	29,147
Accounts payable	39,303	32,425
Accrued taxes other than income taxes	25,408	22,791
Accrued insurance and other	32,639	34,306
Short-term borrowings	90,000	2,050
Liabilities held for sale	332	5,760
TOTAL CURRENT LIABILITIES	214,075	126,479
Accrued insurance and other, excluding current portion	9,133	9,999
Deferred gain on sale of real estate, excluding current portion	25,135	26,108
Income taxes payable, excluding current portion	5,496	6,777
Deferred income taxes	3,137	3,137
Long-term debt	0	95,000
TOTAL LIABILITIES	256,976	267,500
Commitments and contingencies
STOCKHOLDERS' EQUITY:
Preferred stock, par value $1.00; Authorized - 500,000 shares; Issued - none	0	0
Common stock, par value $0.10; Authorized - 120,000,000 shares; Issued - 23,738,003 shares; Outstanding - 20,927,521 and 20,917,500 shares, respectively	2,374	2,374
Paid-in capital	77,732	76,564
Retained earnings	15,345	21,000
Accumulated other comprehensive loss	(9,515)	(10,612)
Treasury stock, at cost; 2,810,482 and 2,820,503 shares, respectively	(40,070)	(40,361)
TOTAL STOCKHOLDERS' EQUITY	45,866	48,965
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 302,842	$ 316,465

Condensed Consolidated Balance6

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Apr. 30, 2017	Oct. 30, 2016
Statement of Financial Position [Abstract]
Trade accounts receivable, allowances	$ 527	$ 801
Preferred stock, par value (usd per share)	$ 1	$ 1
Preferred stock, shares authorized	500,000	500,000
Preferred stock, shares issued	0	0
Common stock, par value (usd per share)	$ 0.10	$ 0.10
Common stock, shares authorized	120,000,000	120,000,000
Common stock, shares issued	23,738,003	23,738,003
Common stock, shares outstanding	20,927,521	20,917,500
Treasury stock, shares	2,810,482	2,820,503

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Apr. 30, 2017	May 01, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (5,431)	$ (12,747)
Adjustment to reconcile net loss to cash provided by operating activities:
Depreciation and amortization	3,380	3,057
Provision (release) of doubtful accounts and sales allowances	54	(211)
Unrealized foreign currency exchange loss (gain)	(711)	1,325
Impairment charge	290	0
Amortization of gain on sale leaseback of property	(972)	(324)
Loss on dispositions of property, equipment and software	12	145
Gain from divestitures	(3,938)	(1,663)
Share-based compensation expense	1,242	265
Change in operating assets and liabilities:
Trade accounts receivable	3,466	21,480
Restricted cash	(3,695)	2,355
Other assets	2,673	(3,829)
Net assets held for sale	158	(95)
Accounts payable	6,666	(7,876)
Accrued expenses and other liabilities	(3,812)	2,364
Income taxes	12,417	(1,757)
Net cash provided by operating activities	11,799	2,489
CASH FLOWS FROM INVESTING ACTIVITIES:
Sales of investments	563	876
Purchases of investments	(192)	(291)
Purchases of minority interest	0	(1,446)
Proceeds from divestitures	15,224	36,648
Proceeds from sale of property, equipment, and software	221	230
Purchases of property, equipment, and software	(6,385)	(8,464)
Net cash provided by investing activities	9,431	27,553
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayment of borrowings	(27,050)	(10,000)
Draw-down on borrowings	20,000	2,000
Repayment of long-term debt	0	(7,295)
Debt issuance costs	(726)	(445)
Proceeds from exercise of options	2	25
Withholding tax payment on vesting of restricted stock awards	(9)	(116)
Net cash used in financing activities	(7,783)	(15,831)
Effect of exchange rate changes on cash and cash equivalents	910	(1,228)
Net increase in cash and cash equivalents	14,357	12,983
Cash and cash equivalents, beginning of period	6,386	10,188
Cash and cash equivalents, end of period	20,743	23,171
Cash paid during the period:
Interest	1,838	1,662
Income taxes	$ 1,111	$ 2,473

Basis of Presentation

Basis of Presentation	6 Months Ended
	Apr. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation Basis of Presentation The accompanying interim condensed consolidated financial statements of Volt Information Sciences, Inc. (“Volt” or the “Company”) have been prepared in conformity with generally accepted accounting principles, consistent in all material respects with those applied in the Annual Report on Form 10-K for the year ended October 30, 2016. The Company makes estimates and assumptions that affect the amounts reported. Actual results could differ from those estimates and changes in estimates are reflected in the period in which they become known. Accounting for certain expenses, including income taxes, are based on full year assumptions, and the financial statements reflect all normal adjustments that, in the opinion of management, are necessary for fair presentation of the interim periods presented. The interim information is unaudited and is prepared pursuant to the rules and regulations of the United States Securities and Exchange Commission (the “SEC”), which provides for omission of certain information and footnote disclosures. This interim financial information should be read in conjunction with the consolidated financial statements in the Company's Annual Report on Form 10-K for the year ended October 30, 2016. Certain reclassifications have been made to the prior year financial statements in order to conform to the current year's presentation.

Recently Issued Accounting Pron

Recently Issued Accounting Pronouncements	6 Months Ended
	Apr. 30, 2017
Accounting Changes and Error Corrections [Abstract]
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements New Accounting Standards Not Yet Adopted by the Company In May 2017, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2017-09, Compensation - Stock Compensation (Topic 718): Scope of Modification Accounting. This ASU provides guidance on the types of changes to the terms or conditions of share-based payment awards to which an entity would be required to apply modification accounting. An entity would not apply modification accounting if the fair value, vesting conditions, and classification of the awards are the same immediately before and after the modification. The amendments in this ASU are effective for all entities for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. Early adoption is permitted, including adoption in any interim period, for public business entities for reporting periods for which financial statements have not yet been issued. The amendments in this ASU should be applied prospectively to an award modified on or after the adoption date. The Company expects to adopt this ASU in the first quarter of fiscal 2019 and is currently assessing the impact that this ASU will have upon adoption. In February 2017, the FASB issued ASU 2017-05, Other Income - Gains and Losses from the Derecognition of Non-financial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Non-financial Assets. This ASU clarifies the scope and application of Accounting Standards Codification (“ASC”) 610-20 on the sale or transfer of non-financial assets and in substance non-financial assets to non-customers, including partial sales. The amendments are effective at the same time as the new revenue standard. For public entities, the amendments are effective for annual reporting periods beginning after December 15, 2017, including interim reporting periods within that reporting period. Public entities may apply the guidance earlier but only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. The Company expects to adopt this ASU in the first quarter of fiscal 2019 and does not anticipate a significant impact upon adoption. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230) - Classification of Certain Cash Receipts and Cash Payments: A Consensus of the FASB Emerging Issues Task Force . The amendments provide guidance on eight specific cash flow classification issues: debt prepayment or debt extinguishment costs, settlement of zero-coupon debt instruments or other debt instruments with coupon interest rates that are insignificant in relation to the effective interest rate of the borrowing, contingent consideration payments made after a business combination, proceeds from the settlement of insurance claims, corporate and bank-owned life insurance policies, distributions received from equity method investees, beneficial interests in securitization transactions and separately identifiable cash flows and application of the predominance principle. The amendments in this update are effective for public business entities for fiscal years beginning after December 15, 2017 and interim periods within those fiscal years. Early adoption is permitted. If an entity early adopts the amendments in an interim period, any adjustments should be reflected as of the beginning of the fiscal year that includes that interim period. An entity that elects early adoption must adopt all of the amendments in the same period. The Company expects to adopt this ASU in the first quarter of fiscal 2019 and does not anticipate a significant impact upon adoption. In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . This ASU provides guidance for recognizing credit losses on financial instruments based on an estimate of current expected credit losses model. For public business entities that are SEC filers, the amendments in this update are effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. All entities may adopt the amendments in this update earlier as of the fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company expects to adopt this ASU in the first quarter of fiscal 2020 . Although the impact upon adoption will depend on the financial instruments held by the Company at that time, the Company does not anticipate a significant impact on its consolidated financial statements based on the instruments currently held and its historical trend of bad debt expense relating to trade accounts receivable. In March 2016, the FASB issued ASU 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting . This ASU simplifies several aspects of the accounting for share-based payment transactions, including income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. For public business entities, the amendments in this update are effective for annual periods beginning after December 15, 2016, and interim periods within those annual periods. Early adoption is permitted for any entity in any interim or annual period. If an entity early adopts the amendments in an interim period, any adjustments should be reflected as of the beginning of the fiscal year that includes that interim period. An entity that elects early adoption must adopt all of the amendments in the same period. The Company expects to adopt this ASU in the first quarter of fiscal 2018 and does not anticipate a significant impact upon adoption. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) . This ASU requires that lessees recognize assets and liabilities for leases with lease terms greater than twelve months in the statement of financial position and also requires improved disclosures to help users of financial statements better understand the amount, timing and uncertainty of cash flows arising from leases. This update is effective for fiscal years beginning after December 15, 2018, including interim reporting periods within those fiscal years. Early adoption is permitted. ASU 2016-02 is effective for the Company in our first quarter of fiscal 2020 on a modified retrospective basis. The Company has preliminarily evaluated the impact of our pending adoption of ASU 2016-02 on our consolidated financial statements, and currently expects that most of our operating lease commitments will be subject to the new standard and recognized as operating lease liabilities and right-of-use assets upon our adoption of ASU 2016-02, which will increase the Company's total assets and total liabilities that the Company reports relative to such amounts prior to adoption. In August 2014, the FASB issued ASU 2014-15, Presentation of Financial Statements - Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern. This update provides guidance about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern. Specifically, the amendments (1) provide a definition of the term substantial doubt, (2) require an evaluation every reporting period including interim periods, (3) provide principles for considering the mitigating effect of management’s plans, (4) require certain disclosures when substantial doubt is alleviated as a result of consideration of management’s plans, (5) require an express statement and other disclosures when substantial doubt is not alleviated, and (6) require an assessment for a period of one year after the date that the financial statements are issued (or available to be issued). This ASU is effective for the annual period ending after December 15, 2016, with early adoption permitted. The Company will adopt this ASU in the fourth quarter of fiscal 2017. In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) . The core principle of this amendment is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods and services. This standard is effective for fiscal years and interim reporting periods beginning after December 15, 2016. In August 2015, the FASB issued ASU 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date. The amendments in this update deferred the effective date for implementation of ASU 2014-09 by one year and is now effective for annual reporting periods beginning after December 15, 2017. Early application is permitted only as of annual reporting periods beginning after December 15, 2016 including interim reporting periods within that period. Topic 606 is effective for the Company in the first quarter of fiscal 2019. After the preliminary assessment, the Company does not anticipate that the new guidance will have a material impact on our revenue recognition policies, practices or systems. As the Company continues to evaluate the impacts of our pending adoption of Topic 606 in fiscal 2017, our preliminary assessments are subject to change. From March through December 2016, the FASB issued ASU No. 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net), ASU No. 2016-10, Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing, ASU No. 2016-11, Revenue Recognition (Topic 605) and Derivatives and Hedging (Topic 815): Rescission of SEC Guidance Because of Accounting Standards Updates 2014-09 and 2014-16 Pursuant to Staff Announcements at the March 3, 2016 EITF Meeting, ASU No. 2016-12, Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients and ASU No. 2016-20, Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers. These amendments are intended to improve and clarify the implementation guidance of Topic 606. The effective date and transition requirements for the amendments are the same as the effective date and transition requirements of ASU No. 2014-09 and ASU No. 2015-14. Management has evaluated other recently issued accounting pronouncements and does not believe that any of these pronouncements will have a significant impact on the Company's consolidated financial statements and related disclosures. Recently Adopted Accounting Standards In January 2017, the FASB issued ASU 2017-04, Intangibles - Goodwill and other (Topic 350) . This ASU simplifies the accounting for goodwill impairment and removes Step 2 of the goodwill impairment test. Goodwill impairment will now be the amount by which a reporting unit’s carrying value exceeds its fair value limited to the total amount of goodwill allocated to that reporting unit. Entities will continue to have the option to perform a qualitative assessment to determine if a quantitative impairment test is necessary. The same one-step impairment test will be applied to goodwill at all reporting units, even those with zero or negative carrying amounts. The amendments in this update should be applied on a prospective basis and adopted for an entity’s annual or interim goodwill impairment tests in fiscal years beginning after December 15, 2020. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. This ASU was early adopted by the Company in the second quarter of fiscal 2017 for its annual impairment test resulting in no impact on its consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-05, Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement , which provides guidance to customers about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract and expense the cost as the services are received. This ASU was adopted by the Company in the first quarter of fiscal 2017 on a prospective basis. The Company does not currently have any projects that meet the criteria to be in scope of the internal-use software guidance and it did not have any impact on its consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-03, Simplifying the Presentation of Debt Issuance Costs . The ASU requires that debt issuance costs related to a recognized liability be presented on the balance sheet as a direct reduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected. In August 2015, the FASB issued ASU 2015-15, Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements . ASU 2015-15 clarifies the guidance in ASU 2015-03 regarding presentation and subsequent measurement of debt issuance costs related to line-of-credit arrangements. The SEC Staff announced they would not object to an entity deferring and presenting debt issuance costs as an asset and subsequently amortizing the deferred debt issuance costs ratably over the term of the line-of-credit arrangement, regardless of whether there are any outstanding borrowings on the line-of-credit arrangement. These ASUs were adopted by the Company in the first quarter of fiscal 2017. The Company has continued to defer and present debt issuance costs as an asset and to amortize the deferred issuance costs ratably over the term of the line-of-credit arrangement resulting in no impact on its consolidated financial statements. All other ASUs that became effective for Volt in the first half of fiscal 2017 were not applicable to the Company at this time and therefore did not have any impact during the period.

Discontinued Operations

Discontinued Operations	6 Months Ended
	Apr. 30, 2017
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Discontinued Operations On December 1, 2014, the Company completed the sale of its Computer Systems segment to NewNet Communication Technologies, LLC (“NewNet”), a Skyview Capital, LLC, portfolio company. The proceeds of the transaction were a $10.0 million note bearing interest at one half percent ( 0.5 percent) per year due in four years and convertible into a capital interest of up to 20% in NewNet. The Company may convert the note at any time and is entitled to receive early repayment in the event of certain events such as a change in control of NewNet. The note was valued at $8.4 million which approximated its fair value. At April 30, 2017, the note is carried at net realizable value and the unamortized discount is $1.1 million . The Company and NewNet are in discussions regarding the final working capital adjustment amount based on the comparison of the actual transaction date working capital amount to an expected working capital amount, along with certain minor indemnity claims. The Company does not believe the resolution will have a material impact on its financial statements or net income. The Company may consider monetizing the note prior to maturity in either a secondary market or an early extinguishment, if NewNet agrees, at some value less than the face amount and may offset a settlement on the working capital adjustment and indemnity claims against the note. Accordingly, the Company has ceased accreting interest on the note until the matter is resolved. At this time, although there is no certainty, the Company does not believe that any associated adjustment to the value of the note would result in a material difference from its current carrying value.

Assets and Liabilities Held for

Assets and Liabilities Held for Sale	6 Months Ended
	Apr. 30, 2017
Discontinued Operations and Disposal Groups [Abstract]
Assets and Liabilities Held for Sale	Assets and Liabilities Held for Sale In October 2015, the Company's Board of Directors approved a plan to sell the Company’s information technology infrastructure services business, Maintech, Incorporated (“Maintech”). Maintech met all of the criteria to classify its assets and liabilities as held for sale in the fourth quarter of fiscal 2015. The disposal of Maintech did not represent a strategic shift that would have a major effect on the Company’s operations and financial results and was, therefore, not classified as discontinued operations in accordance with ASU 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant and Equipment (Topic 360) . As part of the required evaluation under the held for sale guidance, the Company determined that the approximate fair value less costs to sell the operations exceeded the carrying value of the net assets and no impairment charge was recorded. Maintech’s financial results were reported within the Corporate and Other category in our segment data. On March 6, 2017, the Company completed the sale of Maintech to Maintech Holdings, LLC, a newly-formed holding company and affiliate of Oak Lane Partners, LLC (“Buyer”). Under the terms of the Stock Purchase Agreement, the Company received proceeds of $18.3 million , subject to a $0.1 million holdback and certain adjustments including a customary working capital adjustment that was finalized within 60 days of the sale. Net proceeds from the transaction amounted to $13.1 million after certain transaction-related fees, expenses and repayment of an outstanding Bank of America, N.A. (“BofA”) loan balance. The Company recognized a gain on disposal of $3.9 million from the sale transaction in the second quarter of fiscal 2017. Concurrently with the sale, the Company entered into a Transition Services and Asset Transfer Agreement (the “Transition Services Agreement”). Given that the Buyer had not yet formed legal entities in certain international jurisdictions, the Company still holds legal title to approximately $0.4 million , net, of certain of Maintech's international assets and liabilities. Pursuant to the Transition Services Agreement, the Buyer is entitled to all of the economic benefit and burden of such international assets and liabilities commencing on the sale date, March 6, 2017, as if legal title had transferred. Following the sale, for a period of up to twelve months, both parties will work in good faith to enter into definitive documentation for the conveyance of these assets and liabilities. Also under the terms of the Transition Services Agreement, the Company will continue to provide certain accounting and operational support services to the Buyer, on a monthly fee-for-service basis for a period of up to six months post-closing. The Company and Maintech have also executed a three -year IT as a service agreement, whereby Maintech will continue to provide helpdesk and network monitoring services to the Company, similar to the services that were provided before the transaction. As of April 30, 2017, the Maintech assets and liabilities which have not yet legally transferred will continue to be presented as held for sale in the Condensed Consolidated Balance Sheets. The following table reconciles the major classes of assets and liabilities classified as held for sale as part of continuing operations in the Condensed Consolidated Balance Sheets (in thousands): April 30, 2017 October 30, 2016 Assets included as part of continuing operations Trade accounts receivable, net $ 491 $ 13,553 Recoverable income taxes — 15 Other assets 191 3,339 Property, equipment and software, net 12 178 Purchased intangible assets — 495 Total major classes of assets as part of continuing operations $ 694 $ 17,580 Liabilities included as part of continuing operations Accrued compensation $ — $ 2,432 Accounts payable 100 921 Accrued taxes other than income taxes — 833 Accrued insurance and other 232 1,574 Total major classes of liabilities as part of continuing operations $ 332 $ 5,760

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	6 Months Ended
	Apr. 30, 2017
Equity [Abstract]
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss The changes in accumulated other comprehensive loss for the three and six months ended April 30, 2017 were (in thousands): Three Months Ended Six Months Ended April 30, 2017 Foreign Currency Translation Accumulated other comprehensive loss at the beginning of the period $ (10,085 ) $ (10,612 ) Other comprehensive income 570 1,097 Accumulated other comprehensive loss at April 30, 2017 $ (9,515 ) $ (9,515 ) Reclassifications from accumulated other comprehensive loss for the three and six months ended April 30, 2017 and May 1, 2016 were (in thousands): Three Months Ended Six Months Ended April 30, 2017 May 1, 2016 April 30, 2017 May 1, 2016 Foreign currency translation Sale of foreign subsidiaries, net of tax $ 612 $ — $ 612 $ — Amount reclassified from accumulated other comprehensive loss for the six months ended April 30, 2017 were (in thousands): Details about Accumulated Other Comprehensive Loss Components Amount Reclassified Affected Line Item in the Statement Where Net Loss is Presented Foreign currency translation Sale of foreign subsidiaries $ 612 Foreign exchange gain (loss), net

Restricted Cash and Short-Term

Restricted Cash and Short-Term Investments	6 Months Ended
	Apr. 30, 2017
Cash and Cash Equivalents [Abstract]
Restricted Cash and Short-Term Investments	Restricted Cash and Short-Term Investments Restricted cash primarily includes amounts related to requirements under certain contracts with managed service program customers for whom the Company manages the customers’ contingent staffing requirements, including processing of associate vendor billings into single, combined customer billings and distribution of payments to associate vendors on behalf of customers, as well as minimum cash deposits required to be maintained as collateral. Distribution of payments to associate vendors is generally made shortly after receipt of payment from customers, with undistributed amounts included in restricted cash and accounts payable between receipt and distribution of these amounts. Changes in restricted cash collateral are classified as an operating activity, as this cash is directly related to the operations of this business. At April 30, 2017 and October 30, 2016, restricted cash included $12.3 million and $8.4 million , respectively, restricted for payment to associate vendors and $1.8 million and $1.9 million , respectively, restricted for other collateral accounts. At April 30, 2017 and October 30, 2016, short-term investments were $3.4 million and $3.6 million , respectively. These short-term investments consisted primarily of the fair value of deferred compensation investments corresponding to employees’ selections, primarily in mutual funds, based on quoted prices in active markets.

Income Taxes

Income Taxes	6 Months Ended
	Apr. 30, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The income tax provision (benefit) reflects the geographic mix of earnings in various federal, state and foreign tax jurisdictions and their applicable rates resulting in a composite effective tax rate. The Company’s cumulative results for substantially all United States and certain non-United States jurisdictions for the most recent three-year period is a loss. Accordingly, a valuation allowance has been established for substantially all loss carryforwards and other net deferred tax assets for these jurisdictions, resulting in an effective tax rate that is significantly different than the statutory rate. The Company adjusts its effective tax rate for each quarter to be consistent with the estimated annual effective tax rate, consistent with ASC 270, Interim Reporting , and ASC 740-270, Income Taxes – Intra Period Tax Allocation . Jurisdictions with a projected loss for the full year where no tax benefit can be recognized are excluded from the calculation of the estimated annual effective tax rate. The Company's future effective tax rates could be affected by earnings being different than anticipated in countries with differing statutory rates, increases in recorded valuation allowances of tax assets, or changes in tax laws. The Company's provision (benefit) for income taxes primarily includes foreign jurisdictions and state taxes. In the second quarter of fiscal 2017, income taxes were a benefit of $0.8 million and a provision of $1.1 million in the second quarter of fiscal 2016. For the six months ended April 30, 2017, income taxes were a benefit of $0.1 million and a provision of $1.6 million for the six months ended May 1, 2016. The Company's quarterly income taxes are measured using an estimated annual effective tax rate, adjusted for discrete items that occur within the periods presented. For the quarter ended April 30, 2017, the Company recorded a net discrete tax benefit of approximately $1.3 million resulting from the resolution of uncertain tax positions upon the completion and effective settlement of the audit of the Company’s fiscal 2004 through 2010 federal income tax returns and associated state tax audits. The Company received $13.8 million of federal refunds related to the completion of the audit periods in March 2017. The Company continues to work with the IRS to resolve one remaining matter related to fiscal 2010 and anticipates to have the matter resolved within the next several quarters.

Real Estate Transactions

Real Estate Transactions	6 Months Ended
	Apr. 30, 2017
Leases [Abstract]
Real Estate Transactions	Real Estate Transactions Orange, CA In March 2016, Volt Orangeca Real Estate Corp., an indirect wholly-owned subsidiary of the Company completed the sale of real property comprised of land and buildings with office space of approximately 191,000 square feet in Orange, California for a purchase price of $35.9 million . The sale was effected pursuant to a Purchase and Sale Agreement (the “PSA”) with, and the Company also concurrently entered into a Lease Agreement (the “Lease”) with, Glassell Grand Avenue Partners, LLC (the “Buyer”), a limited liability company formed by Hines, a real estate investment and management firm, and funds managed by Oaktree Capital Management L.P., an investment management firm. The Buyer assigned the PSA and the Lease to Glassell Acquisitions Partners LLC, an affiliate, prior to the closing. The transaction was accounted for as a sale-leaseback transaction and as an operating lease. The initial lease term is 15 years plus renewal options for two terms of five years each based on the greater of fair market value at the time of the renewal or the base annual rent payable during the last month of the then-current term immediately preceding the extended period. The annual base rent will be $2.9 million for the first year of the initial term and increase on each adjustment date by 3.0% of the then-current annual base rent. A security deposit of $2.1 million was required for the first year of the lease term which is secured by a letter of credit under the Company's existing financing program (“the Financing Program”) with PNC Bank National Association (“PNC”), which was reduced to $1.4 million in the second quarter of fiscal 2017. The security deposit will subsequently be reduced if certain conditions are met. Accordingly, the gain on sale of $29.4 million will be deferred and recognized in proportion to the related gross rental charges to expense over the lease term. San Diego, CA In March 2016, Volt Opportunity Road Realty Corp., an indirect wholly-owned subsidiary of the Company, completed the sale with a private commercial real estate investor of real property comprised of land and a building with office space of approximately 19,000 square feet in San Diego, California for a purchase price of $2.2 million . The Company recognized a gain of $1.7 million from the transaction during the second quarter of fiscal 2016.

Debt

Debt	6 Months Ended
	Apr. 30, 2017
Debt Disclosure [Abstract]
Debt	Debt In January 2017, the Company amended its $160.0 million Financing Program with PNC. Key changes to the agreement were to: (1) extend the termination date to January 31, 2018; (2) increase the minimum global liquidity covenant to $25.0 million upon the sale of Maintech in March 2017, which will increase to $35.0 million if the Company pays a dividend or repurchases shares of its stock; (3) reduce the unbilled receivables eligibility from 15% to 10% of total eligible receivables, (4) permit a $5.0 million basket for supply chain finance receivables and (5) introduce a performance covenant requiring a minimum level of Earnings Before Interest and Taxes (“EBIT”), as defined, which is measured quarterly. As Maintech was sold and the IRS refund was received in March 2017, up to $0.5 million in distributions can be made per fiscal quarter provided that available liquidity is at least $40.0 million after the distribution. All other material terms and conditions remain substantially unchanged, including interest rates. With the sale of Maintech in March 2017, the minimum liquidity requirement increased from $20.0 million to $25.0 million . The Financing Program is secured by receivables from certain Staffing Services businesses in the United States, Europe and Canada that are sold to a wholly-owned, consolidated, bankruptcy remote subsidiary. The bankruptcy remote subsidiary's sole business consists of the purchase of the receivables and subsequent granting of a security interest to PNC under the program, and its assets are available first to satisfy obligations to PNC and are not available to pay creditors of the Company's other legal entities. Borrowing capacity under the Financing Program is directly impacted by the level of accounts receivable. At April 30, 2017, the accounts receivable borrowing base was $150.1 million . In addition to customary representations, warranties and affirmative and negative covenants, the program is subject to termination under standard events of default including change of control, failure to pay principal or interest, breach of the liquidity or performance covenants, triggering of portfolio ratio limits, or other material adverse events, as defined. At April 30, 2017, the Company was in compliance with all debt covenant requirements. The Financing Program has an accordion feature under which the facility limit can be increased up to $250.0 million subject to credit approval from PNC. Borrowings are priced based upon a fixed program rate plus the daily adjusted one-month LIBOR index, as defined. The program also contains a revolving credit provision under which proceeds can be drawn for a definitive tranche period of 30, 60, 90 or 180 days priced at the adjusted LIBOR index rate in effect for that period. In addition to United States dollars, drawings can be denominated in Canadian dollars, subject to a Canadian dollar $30.0 million sub-limit, and British Pounds Sterling, subject to a £20.0 million sub-limit. The program also includes a letter of credit sub-limit of $50.0 million and minimum borrowing requirements. As of April 30, 2017, there were no foreign currency denominated borrowings, and the letter of credit participation was $28.3 million inclusive of $26.9 million for the Company's casualty insurance program and $1.4 million for the security deposit required under the Orange facility lease agreement. At April 30, 2017 and October 30, 2016, the Company had outstanding borrowings under the Financing Program of $90.0 million and $95.0 million , respectively, that bore a weighted average annual interest rate of 2.8% and 2.3% during the second quarter of fiscal 2017 and 2016, respectively, and 2.7% and 2.2% during the first six months of fiscal 2017 and 2016, respectively, which is inclusive of certain facility fees. At April 30, 2017, there was $31.8 million additional availability under this program, exclusive of any potential availability under the accordion feature. In February 2016, Maintech, as borrower, entered into a $10.0 million 364 -day secured revolving credit agreement with BofA. The credit agreement provided for revolving loans as well as a $0.1 million sub-line for letters of credit and is subject to borrowing base and availability restrictions and requirements. The credit agreement was secured by assets of the borrower, including accounts receivable, and the Company had guaranteed the obligations of the borrower up to $3.0 million . The credit agreement contained certain customary representations and warranties, events of default and affirmative and negative covenants, including a minimum interest requirement based on $2.0 million drawn. The borrower could terminate the credit agreement and repay the borrowings prior to the expiration date, without premium or penalty at any time by the delivery of a notice to that effect. Borrowings were used for working capital and general corporate purposes. Interest under the credit agreement was one month LIBOR plus 2.75% on drawn amounts and a fixed rate of 0.375% on undrawn amounts. The agreement was extended for one month in February 2017. Subsequently, all amounts outstanding under the credit agreement as of March 6, 2017 were satisfied with the proceeds from the sale of Maintech, at which time the Company's obligation as a guarantor was discharged. At October 30, 2016, the amount outstanding was $2.1 million , with $3.3 million of additional availability. Long-term debt consists of the following (in thousands): April 30, 2017 October 30, 2016 Financing programs $ 90,000 $ 97,050 Less: current portion 90,000 2,050 Total long-term debt $ — $ 95,000

Earnings (Loss) Per Share

Earnings (Loss) Per Share	6 Months Ended
	Apr. 30, 2017
Earnings Per Share [Abstract]
Earnings (Loss) Per Share	Earnings (Loss) Per Share Basic and diluted net loss per share is calculated as follows (in thousands, except per share amounts): Three Months Ended Six Months Ended April 30, 2017 May 1, 2016 April 30, 2017 May 1, 2016 Numerator Net loss $ (854 ) $ (1,785 ) $ (5,431 ) $ (12,747 ) Denominator Basic weighted average number of shares 20,921 20,814 20,919 20,813 Diluted weighted average number of shares 20,921 20,814 20,919 20,813 Net loss per share: Basic $ (0.04 ) $ (0.09 ) $ (0.26 ) $ (0.61 ) Diluted $ (0.04 ) $ (0.09 ) $ (0.26 ) $ (0.61 ) Options to purchase 1,871,346 and 943,098 shares of the Company’s common stock were outstanding at April 30, 2017 and May 1, 2016, respectively. Additionally, there were 220,046 and 41,240 unvested restricted shares outstanding at April 30, 2017 and May 1, 2016, respectively. The options were not included in the computation of diluted loss per share in the three and six months of fiscal 2017 and 2016 because the effect of their inclusion would have been anti-dilutive as a result of the Company’s net loss position in those periods.

Restructuring and Severance Cos

Restructuring and Severance Costs	6 Months Ended
	Apr. 30, 2017
Restructuring and Related Activities [Abstract]
Restructuring and Severance Costs	Restructuring and Severance Costs The Company implemented a cost reduction plan in fiscal 2016 and incurred restructuring and severance costs primarily resulting from a reduction in workforce, facility consolidation and lease termination costs. The total costs incurred to date are approximately $6.6 million consisting of $1.2 million in North American Staffing, $0.7 million in International Staffing, $0.4 million in Technology Outsourcing Services and Solutions and $4.3 million in Corporate and Other. The Company incurred total restructuring and severance costs of approximately $0.2 million and $0.8 million for the three months ended April 30, 2017 and May 1, 2016, respectively, and $0.8 million and $3.6 million for the six months ended April 30, 2017 and May 1, 2016, respectively. The following tables presents the restructuring and severance costs for the three and six months ended April 30, 2017 (in thousands): Three Months Ended April 30, 2017 Total North American Staffing International Staffing Technology Outsourcing Services and Solutions Corporate and Other Severance and benefit costs $ 177 $ 22 $ — $ (16 ) $ 171 Other 22 22 — — — Total costs $ 199 $ 44 $ — $ (16 ) $ 171 Six Months Ended April 30, 2017 Total North American Staffing International Staffing Technology Outsourcing Services and Solutions Corporate and Other Severance and benefit costs $ 780 $ 97 $ 10 $ 37 $ 636 Other 43 43 — — — Total costs $ 823 $ 140 $ 10 $ 37 $ 636 Accrued restructuring and severance costs are included in Accrued compensation and Accrued insurance and other in the Condensed Consolidated Balance Sheets. Activity for the six months ended April 30, 2017 are summarized as follows (in thousands): April 30, 2017 Beginning balance $ 1,653 Charged to expense 823 Cash payments (1,647 ) Ending balance $ 829 The remaining charges as of April 30, 2017 of $0.8 million , primarily related to Corporate and Other, are expected to be paid through the second quarter of fiscal 2018.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Apr. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Legal Proceedings The Company is involved in various claims and legal actions arising in the ordinary course of business. The Company’s loss contingencies not discussed elsewhere consist primarily of claims and legal actions arising in the normal course of business, a majority of which generally consist of employment-related claims involving contingent workers. These matters are at varying stages of investigation, arbitration or adjudication. The Company has accrued for losses on individual matters that are both probable and reasonably estimable. Estimates are based on currently available information and assumptions. Significant judgment is required in both the determination of probability and the determination of whether a matter is reasonably estimable. The Company’s estimates may change and actual expenses could differ in the future as additional information becomes available.

Segment Data

Segment Data	6 Months Ended
	Apr. 30, 2017
Segment Reporting [Abstract]
Segment Data	Segment Data The Company’s strategic reorganization, which began in fiscal 2015, included the exit of non-core operations and significant changes in the management structure. The Company changed its operating and reportable segments during the fourth quarter of fiscal 2016 in connection with its new business strategies, aligning with the way the Company evaluates its business performance and manages its operations. Our current reportable segments are (i) North American Staffing, (ii) International Staffing and (iii) Technology Outsourcing Services and Solutions. The non-reportable businesses are combined and disclosed with corporate services under the category Corporate and Other. Accordingly, all prior periods have been recast to reflect the current segment presentation. The change in reportable segments did not have any impact on previously reported consolidated financial results. Segment operating income (loss) is comprised of segment net revenue less cost of services, selling, administrative and other operating costs, impairment charges and restructuring and severance costs. The Company allocates to the segments all operating costs except for costs not directly related to the operating activities such as corporate-wide general and administrative costs. These costs are not allocated because doing so would not enhance the understanding of segment operating performance and are not used by management to measure segment performance. Effective in the first quarter of fiscal 2017, in an effort to simplify and refine its internal reporting, the Company modified its intersegment sales structure between North American Staffing and Technology Outsourcing Services and Solutions segments. The resulting changes are as follows: • Intersegment revenue for North American Staffing from Technology Outsourcing Services and Solutions is now based on a set percentage of direct labor dollars for recruiting and administrative services; and • The direct labor costs associated with the contingent employees placed by North American Staffing on behalf of Technology, Outsourcing Services and Solutions’ customers are now directly borne by the Technology Outsourcing Services and Solutions segment instead of by North American Staffing. To provide period over period comparability, the Company has reclassified the prior period segment data to conform to the current presentation. This change does not have any impact on the consolidated financial results for any period presented. Financial data pertaining to the Company’s segment revenue and operating income (loss) as well as results from Corporate and Other for the three and six months ended April 30, 2017 and May 1, 2016 are summarized in the following tables (in thousands): Three Months Ended April 30, 2017 Total North American Staffing International Staffing Technology Outsourcing Services and Solutions Corporate and Other (1) Eliminations (2) Net revenue $ 303,005 $ 233,804 $ 30,231 $ 24,499 $ 16,033 $ (1,562 ) Cost of services 255,886 199,068 25,670 19,634 13,076 (1,562 ) Gross margin 47,119 34,736 4,561 4,865 2,957 — Selling, administrative and other operating costs 51,171 31,634 4,030 3,806 11,701 — Restructuring and severance costs 199 44 — (16 ) 171 — Impairment charge 290 — — — 290 — Gain from divestitures (3,938 ) — — — (3,938 ) — Operating income (loss) (603 ) 3,058 531 1,075 (5,267 ) — Other income (expense), net (1,018 ) Income tax benefit (767 ) Net loss $ (854 ) Three Months Ended May 1, 2016 Total North American Staffing International Staffing Technology Outsourcing Services and Solutions Corporate and Other (1) Eliminations (2) Net revenue $ 335,576 $ 250,881 $ 33,250 $ 24,981 $ 29,590 $ (3,126 ) Cost of services 284,104 213,893 28,290 20,137 24,910 (3,126 ) Gross margin 51,472 36,988 4,960 4,844 4,680 — Selling, administrative and other operating costs 51,128 30,923 4,218 3,538 12,449 — Restructuring and severance costs 840 34 (7 ) — 813 — Gain from divestitures (1,663 ) — — — (1,663 ) — Operating income (loss) 1,167 6,031 749 1,306 (6,919 ) — Other income (expense), net (1,861 ) Income tax provision 1,091 Net loss $ (1,785 ) Six Months Ended April 30, 2017 Total North American Staffing International Staffing Technology Outsourcing Services and Solutions Corporate and Other (1) Eliminations (2) Net revenue $ 616,029 $ 465,669 $ 60,581 $ 50,170 $ 42,329 $ (2,720 ) Cost of services 522,020 397,910 51,327 40,408 35,095 (2,720 ) Gross margin 94,009 67,759 9,254 9,762 7,234 — Selling, administrative and other operating costs 100,061 61,733 8,071 7,064 23,193 — Restructuring and severance costs 823 140 10 37 636 — Impairment charge 290 — — — — 290 — Gain from divestitures (3,938 ) — — — (3,938 ) — Operating income (loss) (3,227 ) 5,886 1,173 2,661 (12,947 ) — Other income (expense), net (2,348 ) Income tax benefit (144 ) Net loss $ (5,431 ) Six Months Ended May 1, 2016 Total North American Staffing International Staffing Technology Outsourcing Services and Solutions Corporate and Other (1) Eliminations (2) Net revenue $ 662,544 $ 489,456 $ 67,201 $ 52,195 $ 59,995 $ (6,303 ) Cost of services 565,504 421,333 57,461 41,763 51,250 (6,303 ) Gross margin 97,040 68,123 9,740 10,432 8,745 — Selling, administrative and other operating costs 103,751 61,661 8,565 6,904 26,621 — Restructuring and severance costs 3,601 592 470 225 2,314 — Gain from divestitures (1,663 ) — — — (1,663 ) — Operating income (loss) (8,649 ) 5,870 705 3,303 (18,527 ) — Other income (expense), net (2,454 ) Income tax provision 1,644 Net loss $ (12,747 ) (1) Revenues are primarily derived from managed service programs and information technology infrastructure services. (2) The majority of intersegment sales results from North American Staffing providing resources to Technology Outsourcing Services and Solutions.

Subsequent Events

Subsequent Events	6 Months Ended
	Apr. 30, 2017
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Effective immediately, Jorge Perez has resigned as President of Volt Workforce Solutions. The Company has commenced a search for his permanent replacement. Michael Dean, President and CEO, will be assuming this role on an interim basis.

Basis of Presentation (Policies

Basis of Presentation (Policies)	6 Months Ended
	Apr. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying interim condensed consolidated financial statements of Volt Information Sciences, Inc. (“Volt” or the “Company”) have been prepared in conformity with generally accepted accounting principles, consistent in all material respects with those applied in the Annual Report on Form 10-K for the year ended October 30, 2016. The Company makes estimates and assumptions that affect the amounts reported. Actual results could differ from those estimates and changes in estimates are reflected in the period in which they become known. Accounting for certain expenses, including income taxes, are based on full year assumptions, and the financial statements reflect all normal adjustments that, in the opinion of management, are necessary for fair presentation of the interim periods presented. The interim information is unaudited and is prepared pursuant to the rules and regulations of the United States Securities and Exchange Commission (the “SEC”), which provides for omission of certain information and footnote disclosures. This interim financial information should be read in conjunction with the consolidated financial statements in the Company's Annual Report on Form 10-K for the year ended October 30, 2016. Certain reclassifications have been made to the prior year financial statements in order to conform to the current year's presentation.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements New Accounting Standards Not Yet Adopted by the Company In May 2017, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2017-09, Compensation - Stock Compensation (Topic 718): Scope of Modification Accounting. This ASU provides guidance on the types of changes to the terms or conditions of share-based payment awards to which an entity would be required to apply modification accounting. An entity would not apply modification accounting if the fair value, vesting conditions, and classification of the awards are the same immediately before and after the modification. The amendments in this ASU are effective for all entities for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. Early adoption is permitted, including adoption in any interim period, for public business entities for reporting periods for which financial statements have not yet been issued. The amendments in this ASU should be applied prospectively to an award modified on or after the adoption date. The Company expects to adopt this ASU in the first quarter of fiscal 2019 and is currently assessing the impact that this ASU will have upon adoption. In February 2017, the FASB issued ASU 2017-05, Other Income - Gains and Losses from the Derecognition of Non-financial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Non-financial Assets. This ASU clarifies the scope and application of Accounting Standards Codification (“ASC”) 610-20 on the sale or transfer of non-financial assets and in substance non-financial assets to non-customers, including partial sales. The amendments are effective at the same time as the new revenue standard. For public entities, the amendments are effective for annual reporting periods beginning after December 15, 2017, including interim reporting periods within that reporting period. Public entities may apply the guidance earlier but only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. The Company expects to adopt this ASU in the first quarter of fiscal 2019 and does not anticipate a significant impact upon adoption. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230) - Classification of Certain Cash Receipts and Cash Payments: A Consensus of the FASB Emerging Issues Task Force . The amendments provide guidance on eight specific cash flow classification issues: debt prepayment or debt extinguishment costs, settlement of zero-coupon debt instruments or other debt instruments with coupon interest rates that are insignificant in relation to the effective interest rate of the borrowing, contingent consideration payments made after a business combination, proceeds from the settlement of insurance claims, corporate and bank-owned life insurance policies, distributions received from equity method investees, beneficial interests in securitization transactions and separately identifiable cash flows and application of the predominance principle. The amendments in this update are effective for public business entities for fiscal years beginning after December 15, 2017 and interim periods within those fiscal years. Early adoption is permitted. If an entity early adopts the amendments in an interim period, any adjustments should be reflected as of the beginning of the fiscal year that includes that interim period. An entity that elects early adoption must adopt all of the amendments in the same period. The Company expects to adopt this ASU in the first quarter of fiscal 2019 and does not anticipate a significant impact upon adoption. In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . This ASU provides guidance for recognizing credit losses on financial instruments based on an estimate of current expected credit losses model. For public business entities that are SEC filers, the amendments in this update are effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. All entities may adopt the amendments in this update earlier as of the fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company expects to adopt this ASU in the first quarter of fiscal 2020 . Although the impact upon adoption will depend on the financial instruments held by the Company at that time, the Company does not anticipate a significant impact on its consolidated financial statements based on the instruments currently held and its historical trend of bad debt expense relating to trade accounts receivable. In March 2016, the FASB issued ASU 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting . This ASU simplifies several aspects of the accounting for share-based payment transactions, including income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. For public business entities, the amendments in this update are effective for annual periods beginning after December 15, 2016, and interim periods within those annual periods. Early adoption is permitted for any entity in any interim or annual period. If an entity early adopts the amendments in an interim period, any adjustments should be reflected as of the beginning of the fiscal year that includes that interim period. An entity that elects early adoption must adopt all of the amendments in the same period. The Company expects to adopt this ASU in the first quarter of fiscal 2018 and does not anticipate a significant impact upon adoption. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) . This ASU requires that lessees recognize assets and liabilities for leases with lease terms greater than twelve months in the statement of financial position and also requires improved disclosures to help users of financial statements better understand the amount, timing and uncertainty of cash flows arising from leases. This update is effective for fiscal years beginning after December 15, 2018, including interim reporting periods within those fiscal years. Early adoption is permitted. ASU 2016-02 is effective for the Company in our first quarter of fiscal 2020 on a modified retrospective basis. The Company has preliminarily evaluated the impact of our pending adoption of ASU 2016-02 on our consolidated financial statements, and currently expects that most of our operating lease commitments will be subject to the new standard and recognized as operating lease liabilities and right-of-use assets upon our adoption of ASU 2016-02, which will increase the Company's total assets and total liabilities that the Company reports relative to such amounts prior to adoption. In August 2014, the FASB issued ASU 2014-15, Presentation of Financial Statements - Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern. This update provides guidance about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern. Specifically, the amendments (1) provide a definition of the term substantial doubt, (2) require an evaluation every reporting period including interim periods, (3) provide principles for considering the mitigating effect of management’s plans, (4) require certain disclosures when substantial doubt is alleviated as a result of consideration of management’s plans, (5) require an express statement and other disclosures when substantial doubt is not alleviated, and (6) require an assessment for a period of one year after the date that the financial statements are issued (or available to be issued). This ASU is effective for the annual period ending after December 15, 2016, with early adoption permitted. The Company will adopt this ASU in the fourth quarter of fiscal 2017. In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) . The core principle of this amendment is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods and services. This standard is effective for fiscal years and interim reporting periods beginning after December 15, 2016. In August 2015, the FASB issued ASU 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date. The amendments in this update deferred the effective date for implementation of ASU 2014-09 by one year and is now effective for annual reporting periods beginning after December 15, 2017. Early application is permitted only as of annual reporting periods beginning after December 15, 2016 including interim reporting periods within that period. Topic 606 is effective for the Company in the first quarter of fiscal 2019. After the preliminary assessment, the Company does not anticipate that the new guidance will have a material impact on our revenue recognition policies, practices or systems. As the Company continues to evaluate the impacts of our pending adoption of Topic 606 in fiscal 2017, our preliminary assessments are subject to change. From March through December 2016, the FASB issued ASU No. 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net), ASU No. 2016-10, Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing, ASU No. 2016-11, Revenue Recognition (Topic 605) and Derivatives and Hedging (Topic 815): Rescission of SEC Guidance Because of Accounting Standards Updates 2014-09 and 2014-16 Pursuant to Staff Announcements at the March 3, 2016 EITF Meeting, ASU No. 2016-12, Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients and ASU No. 2016-20, Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers. These amendments are intended to improve and clarify the implementation guidance of Topic 606. The effective date and transition requirements for the amendments are the same as the effective date and transition requirements of ASU No. 2014-09 and ASU No. 2015-14. Management has evaluated other recently issued accounting pronouncements and does not believe that any of these pronouncements will have a significant impact on the Company's consolidated financial statements and related disclosures. Recently Adopted Accounting Standards In January 2017, the FASB issued ASU 2017-04, Intangibles - Goodwill and other (Topic 350) . This ASU simplifies the accounting for goodwill impairment and removes Step 2 of the goodwill impairment test. Goodwill impairment will now be the amount by which a reporting unit’s carrying value exceeds its fair value limited to the total amount of goodwill allocated to that reporting unit. Entities will continue to have the option to perform a qualitative assessment to determine if a quantitative impairment test is necessary. The same one-step impairment test will be applied to goodwill at all reporting units, even those with zero or negative carrying amounts. The amendments in this update should be applied on a prospective basis and adopted for an entity’s annual or interim goodwill impairment tests in fiscal years beginning after December 15, 2020. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. This ASU was early adopted by the Company in the second quarter of fiscal 2017 for its annual impairment test resulting in no impact on its consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-05, Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement , which provides guidance to customers about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract and expense the cost as the services are received. This ASU was adopted by the Company in the first quarter of fiscal 2017 on a prospective basis. The Company does not currently have any projects that meet the criteria to be in scope of the internal-use software guidance and it did not have any impact on its consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-03, Simplifying the Presentation of Debt Issuance Costs . The ASU requires that debt issuance costs related to a recognized liability be presented on the balance sheet as a direct reduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected. In August 2015, the FASB issued ASU 2015-15, Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements . ASU 2015-15 clarifies the guidance in ASU 2015-03 regarding presentation and subsequent measurement of debt issuance costs related to line-of-credit arrangements. The SEC Staff announced they would not object to an entity deferring and presenting debt issuance costs as an asset and subsequently amortizing the deferred debt issuance costs ratably over the term of the line-of-credit arrangement, regardless of whether there are any outstanding borrowings on the line-of-credit arrangement. These ASUs were adopted by the Company in the first quarter of fiscal 2017. The Company has continued to defer and present debt issuance costs as an asset and to amortize the deferred issuance costs ratably over the term of the line-of-credit arrangement resulting in no impact on its consolidated financial statements. All other ASUs that became effective for Volt in the first half of fiscal 2017 were not applicable to the Company at this time and therefore did not have any impact during the period.

Assets and Liabilities Held f23

Assets and Liabilities Held for Sale (Tables)	6 Months Ended
	Apr. 30, 2017
Discontinued Operations and Disposal Groups [Abstract]
Held for Sale	The following table reconciles the major classes of assets and liabilities classified as held for sale as part of continuing operations in the Condensed Consolidated Balance Sheets (in thousands): April 30, 2017 October 30, 2016 Assets included as part of continuing operations Trade accounts receivable, net $ 491 $ 13,553 Recoverable income taxes — 15 Other assets 191 3,339 Property, equipment and software, net 12 178 Purchased intangible assets — 495 Total major classes of assets as part of continuing operations $ 694 $ 17,580 Liabilities included as part of continuing operations Accrued compensation $ — $ 2,432 Accounts payable 100 921 Accrued taxes other than income taxes — 833 Accrued insurance and other 232 1,574 Total major classes of liabilities as part of continuing operations $ 332 $ 5,760

Accumulated Other Comprehensi24

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
	Apr. 30, 2017
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Loss	The changes in accumulated other comprehensive loss for the three and six months ended April 30, 2017 were (in thousands): Three Months Ended Six Months Ended April 30, 2017 Foreign Currency Translation Accumulated other comprehensive loss at the beginning of the period $ (10,085 ) $ (10,612 ) Other comprehensive income 570 1,097 Accumulated other comprehensive loss at April 30, 2017 $ (9,515 ) $ (9,515 )
Reclassification out of Accumulated Other Comprehensive Loss	Reclassifications from accumulated other comprehensive loss for the three and six months ended April 30, 2017 and May 1, 2016 were (in thousands): Three Months Ended Six Months Ended April 30, 2017 May 1, 2016 April 30, 2017 May 1, 2016 Foreign currency translation Sale of foreign subsidiaries, net of tax $ 612 $ — $ 612 $ — Amount reclassified from accumulated other comprehensive loss for the six months ended April 30, 2017 were (in thousands): Details about Accumulated Other Comprehensive Loss Components Amount Reclassified Affected Line Item in the Statement Where Net Loss is Presented Foreign currency translation Sale of foreign subsidiaries $ 612 Foreign exchange gain (loss), net

Debt (Tables)

Debt (Tables)	6 Months Ended
	Apr. 30, 2017
Debt Disclosure [Abstract]
Schedule of Debt	Long-term debt consists of the following (in thousands): April 30, 2017 October 30, 2016 Financing programs $ 90,000 $ 97,050 Less: current portion 90,000 2,050 Total long-term debt $ — $ 95,000

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	6 Months Ended
	Apr. 30, 2017
Earnings Per Share [Abstract]
Summary of Basic and Diluted Net Income (Loss) Per Share	Basic and diluted net loss per share is calculated as follows (in thousands, except per share amounts): Three Months Ended Six Months Ended April 30, 2017 May 1, 2016 April 30, 2017 May 1, 2016 Numerator Net loss $ (854 ) $ (1,785 ) $ (5,431 ) $ (12,747 ) Denominator Basic weighted average number of shares 20,921 20,814 20,919 20,813 Diluted weighted average number of shares 20,921 20,814 20,919 20,813 Net loss per share: Basic $ (0.04 ) $ (0.09 ) $ (0.26 ) $ (0.61 ) Diluted $ (0.04 ) $ (0.09 ) $ (0.26 ) $ (0.61 )

Restructuring and Severance C27

Restructuring and Severance Costs (Tables)	6 Months Ended
	Apr. 30, 2017
Restructuring and Related Activities [Abstract]
Restructuring and Related Costs	The following tables presents the restructuring and severance costs for the three and six months ended April 30, 2017 (in thousands): Three Months Ended April 30, 2017 Total North American Staffing International Staffing Technology Outsourcing Services and Solutions Corporate and Other Severance and benefit costs $ 177 $ 22 $ — $ (16 ) $ 171 Other 22 22 — — — Total costs $ 199 $ 44 $ — $ (16 ) $ 171 Six Months Ended April 30, 2017 Total North American Staffing International Staffing Technology Outsourcing Services and Solutions Corporate and Other Severance and benefit costs $ 780 $ 97 $ 10 $ 37 $ 636 Other 43 43 — — — Total costs $ 823 $ 140 $ 10 $ 37 $ 636
Schedule of Restructuring Reserve	Activity for the six months ended April 30, 2017 are summarized as follows (in thousands): April 30, 2017 Beginning balance $ 1,653 Charged to expense 823 Cash payments (1,647 ) Ending balance $ 829

Segment Data (Tables)

Segment Data (Tables)	6 Months Ended
	Apr. 30, 2017
Segment Reporting [Abstract]
Summary of Sales and Segment Operating Income (Loss) by Reportable Operating Segment	Financial data pertaining to the Company’s segment revenue and operating income (loss) as well as results from Corporate and Other for the three and six months ended April 30, 2017 and May 1, 2016 are summarized in the following tables (in thousands): Three Months Ended April 30, 2017 Total North American Staffing International Staffing Technology Outsourcing Services and Solutions Corporate and Other (1) Eliminations (2) Net revenue $ 303,005 $ 233,804 $ 30,231 $ 24,499 $ 16,033 $ (1,562 ) Cost of services 255,886 199,068 25,670 19,634 13,076 (1,562 ) Gross margin 47,119 34,736 4,561 4,865 2,957 — Selling, administrative and other operating costs 51,171 31,634 4,030 3,806 11,701 — Restructuring and severance costs 199 44 — (16 ) 171 — Impairment charge 290 — — — 290 — Gain from divestitures (3,938 ) — — — (3,938 ) — Operating income (loss) (603 ) 3,058 531 1,075 (5,267 ) — Other income (expense), net (1,018 ) Income tax benefit (767 ) Net loss $ (854 ) Three Months Ended May 1, 2016 Total North American Staffing International Staffing Technology Outsourcing Services and Solutions Corporate and Other (1) Eliminations (2) Net revenue $ 335,576 $ 250,881 $ 33,250 $ 24,981 $ 29,590 $ (3,126 ) Cost of services 284,104 213,893 28,290 20,137 24,910 (3,126 ) Gross margin 51,472 36,988 4,960 4,844 4,680 — Selling, administrative and other operating costs 51,128 30,923 4,218 3,538 12,449 — Restructuring and severance costs 840 34 (7 ) — 813 — Gain from divestitures (1,663 ) — — — (1,663 ) — Operating income (loss) 1,167 6,031 749 1,306 (6,919 ) — Other income (expense), net (1,861 ) Income tax provision 1,091 Net loss $ (1,785 ) Six Months Ended April 30, 2017 Total North American Staffing International Staffing Technology Outsourcing Services and Solutions Corporate and Other (1) Eliminations (2) Net revenue $ 616,029 $ 465,669 $ 60,581 $ 50,170 $ 42,329 $ (2,720 ) Cost of services 522,020 397,910 51,327 40,408 35,095 (2,720 ) Gross margin 94,009 67,759 9,254 9,762 7,234 — Selling, administrative and other operating costs 100,061 61,733 8,071 7,064 23,193 — Restructuring and severance costs 823 140 10 37 636 — Impairment charge 290 — — — — 290 — Gain from divestitures (3,938 ) — — — (3,938 ) — Operating income (loss) (3,227 ) 5,886 1,173 2,661 (12,947 ) — Other income (expense), net (2,348 ) Income tax benefit (144 ) Net loss $ (5,431 ) Six Months Ended May 1, 2016 Total North American Staffing International Staffing Technology Outsourcing Services and Solutions Corporate and Other (1) Eliminations (2) Net revenue $ 662,544 $ 489,456 $ 67,201 $ 52,195 $ 59,995 $ (6,303 ) Cost of services 565,504 421,333 57,461 41,763 51,250 (6,303 ) Gross margin 97,040 68,123 9,740 10,432 8,745 — Selling, administrative and other operating costs 103,751 61,661 8,565 6,904 26,621 — Restructuring and severance costs 3,601 592 470 225 2,314 — Gain from divestitures (1,663 ) — — — (1,663 ) — Operating income (loss) (8,649 ) 5,870 705 3,303 (18,527 ) — Other income (expense), net (2,454 ) Income tax provision 1,644 Net loss $ (12,747 ) (1) Revenues are primarily derived from managed service programs and information technology infrastructure services. (2) The majority of intersegment sales results from North American Staffing providing resources to Technology Outsourcing Services and Solutions.

Discontinued Operations (Detail

Discontinued Operations (Details) - Computer Systems Segment - NewNet Communication Technologies, LLC - USD ($) $ in Millions	Dec. 01, 2014	Apr. 30, 2017
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Note receivable	$ 10
Interest rate	0.50%
Payment term	4 years
Capital interest percentage	20.00%
Notes receivable, fair value	$ 8.4
Unamortized discount		$ 1.1

Assets and Liabilities Held f30

Assets and Liabilities Held for Sale (Details) - USD ($) $ in Thousands	Mar. 06, 2017	Apr. 30, 2017	Apr. 30, 2017	May 01, 2016	Oct. 30, 2016
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from divestitures			$ 15,224	$ 36,648
Assets included as part of continuing operations
Trade accounts receivable, net		$ 491	491		$ 13,553
Recoverable income taxes		0	0		15
Other assets		191	191		3,339
Property, equipment and software, net		12	12		178
Purchased intangible assets		0	0		495
Total major classes of assets as part of continuing operations		694	694		17,580
Liabilities included as part of continuing operations
Accrued compensation		0	0		2,432
Accounts payable		100	100		921
Accrued taxes other than income taxes		0	0		833
Accrued insurance and other		232	232		1,574
Total major classes of liabilities as part of continuing operations		332	332		$ 5,760
Disposed of by Sale | Maintech Holdings, LLC
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from divestitures	$ 18,300
Working capital adjustment	$ 100
Working capital adjustment determination period	60 days
Proceeds from transaction, net	$ 13,100
Gain on disposal		3,900
Net assets and liabilities with title transfer pending		$ 400	$ 400
Duration after sale to document transfer of assets and liabilities			12 months
Duration after sale company will provide accounting and operational services			6 months
Service agreement term			3 years

Accumulated Other Comprehensi31

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2017	May 01, 2016	Apr. 30, 2017	May 01, 2016
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Accumulated other comprehensive loss at the beginning of the period			$ 48,965
Accumulated other comprehensive loss at the end of the period	$ 45,866		45,866
Foreign Currency Translation
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Accumulated other comprehensive loss at the beginning of the period	(10,085)		(10,612)
Other comprehensive income	570		1,097
Accumulated other comprehensive loss at the end of the period	(9,515)		(9,515)
Reclassification from AOCI	$ 612	$ 0	612	$ 0
Reclassification out of Accumulated Other Comprehensive Loss | Foreign Currency Translation
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Foreign exchange gain (loss), net			$ 612

Restricted Cash and Short-Ter32

Restricted Cash and Short-Term Investments - Additional Information (Detail) - Restricted cash and short-term investments - USD ($) $ in Millions	Apr. 30, 2017	Oct. 30, 2016
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash	$ 12.3	$ 8.4
Short-term investments	3.4	3.6
Short-Term Credit Facility
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted as collateral	$ 1.8	$ 1.9

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2017	May 01, 2016	Apr. 30, 2017	May 01, 2016	Mar. 31, 2017
Income Tax Disclosure [Abstract]
Income tax provision (benefit)	$ (767)	$ 1,091	$ (144)	$ 1,644
Tax benefit from resolution of uncertain tax positions	$ 1,300
Refund from settlement with taxing authority					$ 13,800

Real Estate Transactions (Detai

Real Estate Transactions (Details) ft² in Thousands, $ in Millions	1 Months Ended	3 Months Ended
	Mar. 31, 2016USD ($)ft²renewal_option	May 01, 2016USD ($)
Volt Orangeca Real Estate Corp
Sale Leaseback Transaction [Line Items]
Sales of real estate	$ 35.9
Term of lease agreement	15 years
Number of renewal options | renewal_option	2
Operating leases, renewal term	5 years
Annual rental payments	$ 2.9
Percentage increase in annual base rent	3.00%
Security deposit	$ 2.1
Security deposit in the second year	1.4
Gain on sale of property	29.4
Volt Opportunity Road Realty Corp
Sale Leaseback Transaction [Line Items]
Sales of real estate	$ 2.2
Gain on sale of property		$ 1.7
Office Building | Volt Orangeca Real Estate Corp
Sale Leaseback Transaction [Line Items]
Area of real estate property | ft²	191
Office Building | Volt Opportunity Road Realty Corp
Sale Leaseback Transaction [Line Items]
Area of real estate property | ft²	19

Debt - Additional Information (

Debt - Additional Information (Detail) £ in Millions, CAD in Millions	1 Months Ended			3 Months Ended		6 Months Ended		12 Months Ended
	Feb. 28, 2017USD ($)	Jan. 29, 2017USD ($)	Feb. 29, 2016USD ($)	Apr. 30, 2017GBP (£)	May 01, 2016	Apr. 30, 2017GBP (£)	May 01, 2016	Oct. 30, 2016USD ($)	Apr. 30, 2017CAD	Apr. 30, 2017USD ($)	Mar. 31, 2017USD ($)
Debt Instrument [Line Items]
Less: current portion								$ 2,050,000		$ 90,000,000
Total long-term debt								$ 95,000,000		0
Line of Credit
Debt Instrument [Line Items]
Line of credit facility borrowing capacity		$ 160,000,000		£ 20		£ 20			CAD 30
Cash collateral of outstanding short-term borrowings	$ 20,000,000										$ 25,000,000
Unbilled receivable percent		10.00%						15.00%
Maximum quarterly distribution if liquidity requirement is met		$ 500,000
Covenant terms, EBIT minimum to pay dividends		40,000,000
Fair value of amount outstanding										150,100,000
Maximum borrowing capacity										250,000,000
Outstanding borrowing								$ 95,000,000		90,000,000
Weighted average interest rate during period				2.80%	2.30%	2.70%	2.20%
Available borrowing capacity of facility										31,800,000
Letter of Credit
Debt Instrument [Line Items]
Line of credit facility borrowing capacity										50,000,000
Fair value of amount outstanding										28,300,000
Casualty Insurance Program
Debt Instrument [Line Items]
Fair value of amount outstanding										26,900,000
Security Deposit
Debt Instrument [Line Items]
Fair value of amount outstanding										1,400,000
Maintech, Incorporated | Letter of Credit
Debt Instrument [Line Items]
Line of credit facility borrowing capacity			$ 100,000
Portion secured by parent			3,000,000
Maintech, Incorporated | Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit facility borrowing capacity			10,000,000
Fair value of amount outstanding								2,100,000
Outstanding borrowing			$ 2,000,000
Available borrowing capacity of facility								3,300,000
Term			364 days
Term of extension	1 month
Commitment fee percentage			0.375%
Maintech, Incorporated | Revolving Credit Facility | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate			2.75%
Sale of Maintech or Receipt of IRS Refund | Line of Credit
Debt Instrument [Line Items]
Cash Collateral for Borrowed Securities, Contingent Maximum		25,000,000
Dividend Payment or Stock Repurchase | Line of Credit
Debt Instrument [Line Items]
Cash Collateral for Borrowed Securities, Contingent Maximum		35,000,000
Maximum | Line of Credit
Debt Instrument [Line Items]
Supply chain finance receivable		$ 5,000,000
Short Term Financing Program
Debt Instrument [Line Items]
Financing programs								$ 97,050,000		$ 90,000,000

Earnings (Loss) Per Share - Sum

Earnings (Loss) Per Share - Summary of Basic and Diluted Net Income (Loss) Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2017	May 01, 2016	Apr. 30, 2017	May 01, 2016
Numerator
NET LOSS	$ (854)	$ (1,785)	$ (5,431)	$ (12,747)
Denominator
Basic weighted average number of shares (shares)	20,921	20,814	20,919	20,813
Dilutive weighted average number of shares (shares)	20,921	20,814	20,919	20,813
Basic:
Net loss per share (usd per share)	$ (0.04)	$ (0.09)	$ (0.26)	$ (0.61)
Diluted:
Net loss per share (usd per share)	$ (0.04)	$ (0.09)	$ (0.26)	$ (0.61)

Earnings (Loss) Per Share - Add

Earnings (Loss) Per Share - Additional Information (Detail) - shares	Apr. 30, 2017	May 01, 2016
Restricted Stock Units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Restricted shares outstanding	220,046	41,240
Common Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Options to purchase common stock outstanding	1,871,346	943,098

Restructuring and Severance C38

Restructuring and Severance Costs (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		14 Months Ended
	Apr. 30, 2017	May 01, 2016	Apr. 30, 2017	May 01, 2016	Jan. 29, 2017
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs	$ 199	$ 840	$ 823	$ 3,601	$ 6,600
Restructuring Reserve [Roll Forward]
Beginning balance			1,653
Charged to expense			823
Cash payments			(1,647)
Ending balance	829		829
Severance and benefit costs
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs	177		780
Other
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs	22		43
Operating Segments | North American Staffing
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs	44		140		1,200
Operating Segments | North American Staffing | Severance and benefit costs
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs	22		97
Operating Segments | North American Staffing | Other
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs	22		43
Operating Segments | International Staffing
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs	0		10		700
Operating Segments | International Staffing | Severance and benefit costs
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs	0		10
Operating Segments | International Staffing | Other
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs	0		0
Operating Segments | Technology Outsourcing Services and Solutions
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs	(16)		37		400
Operating Segments | Technology Outsourcing Services and Solutions | Severance and benefit costs
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs	(16)		37
Operating Segments | Technology Outsourcing Services and Solutions | Other
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs	0		0
Corporate and Other
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs	171		636		$ 4,300
Corporate and Other | Severance and benefit costs
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs	171		636
Corporate and Other | Other
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs	$ 0		$ 0

Segment Data - Summary of Sales

Segment Data - Summary of Sales and Segment Operating Income (Loss) by Reportable Operating Segment (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2017	May 01, 2016	Apr. 30, 2017	May 01, 2016
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
NET REVENUE	$ 303,005	$ 335,576	$ 616,029	$ 662,544
Cost of services	255,886	284,104	522,020	565,504
GROSS MARGIN	47,119	51,472	94,009	97,040
Expenses
Selling, administrative and other operating costs	51,171	51,128	100,061	103,751
Restructuring and severance costs	199	840	823	3,601
Impairment charge	290	0	290	0
Gain from divestitures	(3,938)	(1,663)	(3,938)	(1,663)
OPERATING INCOME (LOSS)	(603)	1,167	(3,227)	(8,649)
Other income (expense), net	(1,018)	(1,861)	(2,348)	(2,454)
Income tax provision (benefit)	(767)	1,091	(144)	1,644
NET LOSS	(854)	(1,785)	(5,431)	(12,747)
Operating Segments | North American Staffing
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
NET REVENUE	233,804	250,881	465,669	489,456
Cost of services	199,068	213,893	397,910	421,333
GROSS MARGIN	34,736	36,988	67,759	68,123
Expenses
Selling, administrative and other operating costs	31,634	30,923	61,733	61,661
Restructuring and severance costs	44	34	140	592
Impairment charge	0		0
Gain from divestitures	0	0	0	0
OPERATING INCOME (LOSS)	3,058	6,031	5,886	5,870
Operating Segments | International Staffing
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
NET REVENUE	30,231	33,250	60,581	67,201
Cost of services	25,670	28,290	51,327	57,461
GROSS MARGIN	4,561	4,960	9,254	9,740
Expenses
Selling, administrative and other operating costs	4,030	4,218	8,071	8,565
Restructuring and severance costs	0	(7)	10	470
Impairment charge	0		0
Gain from divestitures	0	0	0	0
OPERATING INCOME (LOSS)	531	749	1,173	705
Operating Segments | Technology Outsourcing Services and Solutions
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
NET REVENUE	24,499	24,981	50,170	52,195
Cost of services	19,634	20,137	40,408	41,763
GROSS MARGIN	4,865	4,844	9,762	10,432
Expenses
Selling, administrative and other operating costs	3,806	3,538	7,064	6,904
Restructuring and severance costs	(16)	0	37	225
Impairment charge	0		0
Gain from divestitures	0	0	0	0
OPERATING INCOME (LOSS)	1,075	1,306	2,661	3,303
Corporate and Other
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
NET REVENUE	16,033	29,590	42,329	59,995
Cost of services	13,076	24,910	35,095	51,250
GROSS MARGIN	2,957	4,680	7,234	8,745
Expenses
Selling, administrative and other operating costs	11,701	12,449	23,193	26,621
Restructuring and severance costs	171	813	636	2,314
Impairment charge	290		290
Gain from divestitures	(3,938)	(1,663)	(3,938)	(1,663)
OPERATING INCOME (LOSS)	(5,267)	(6,919)	(12,947)	(18,527)
Eliminations
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
NET REVENUE	(1,562)	(3,126)	(2,720)	(6,303)
Cost of services	(1,562)	(3,126)	(2,720)	(6,303)
GROSS MARGIN	0	0	0	0
Expenses
Selling, administrative and other operating costs	0	0	0	0
Restructuring and severance costs	0	0	0	0
Impairment charge	0		0
Gain from divestitures	0	0	0	0
OPERATING INCOME (LOSS)	$ 0	$ 0	$ 0	$ 0