Volt Information Sciences (VOLT) 10-Q 17 Mar 21 2021 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Jan. 31, 2021	Mar. 12, 2021
Cover [Abstract]
Amendment Flag	false
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q1
Entity Central Index Key	0000103872
Current Fiscal Year End Date	--10-31
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jan. 31, 2021
Document Transition Report	false
Entity File Number	001-09232
Entity Registrant Name	VOLT INFORMATION SCIENCES, INC.
Entity Incorporation, State or Country Code	NY
Entity Tax Identification Number	13-5658129
Entity Address, Address Line One	2401 N. Glassell Street
Entity Address, City or Town	Orange
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	92865
City Area Code	714
Local Phone Number	921-8800
Title of 12(b) Security	Common Stock, par value $0.10
Trading Symbol	VOLT
Security Exchange Name	NYSEAMER
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		21,736,575

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Jan. 31, 2021	Feb. 02, 2020
Income Statement [Abstract]
NET REVENUE	$ 217,958	$ 217,766
Cost of services	185,276	186,339
GROSS MARGIN	32,682	31,427
EXPENSES
Selling, administrative and other operating costs	33,747	39,497
Restructuring and severance costs	632	1,246
Impairment charges	31	11
OPERATING LOSS	(1,728)	(9,327)
OTHER INCOME (EXPENSE), NET
Interest income (expense), net	(477)	(700)
Foreign exchange gain (loss), net	242	(328)
Other income (expense), net	(156)	(258)
TOTAL OTHER INCOME (EXPENSE), NET	(391)	(1,286)
LOSS BEFORE INCOME TAXES	(2,119)	(10,613)
Income tax provision	327	195
NET LOSS	$ (2,446)	$ (10,808)
Basic and Diluted:
Net loss (USD per share)	$ (0.11)	$ (0.50)
Weighted average number of shares (shares)	21,793	21,416

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Operations (Parenthetical)	3 Months Ended
	Jan. 31, 2021
Income Statement [Abstract]
Cost, Product and Service [Extensible List]	us-gaap:ServiceMember

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2021	Feb. 02, 2020
Statement of Comprehensive Income [Abstract]
NET LOSS	$ (2,446)	$ (10,808)
Other comprehensive income (loss):
Foreign currency translation adjustments net of taxes of $0 and $0, respectively	931	364
COMPREHENSIVE LOSS	$ (1,515)	$ (10,444)

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Comprehensive Loss (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2021	Feb. 02, 2020
Statement of Comprehensive Income [Abstract]
Foreign currency translation adjustments, tax	$ 0	$ 0

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jan. 31, 2021	Nov. 01, 2020
CURRENT ASSETS:
Cash and cash equivalents	$ 40,062	$ 38,550
Restricted cash and short-term investments	11,876	20,736
Trade accounts receivable, net of allowances of $157 and $219, respectively	129,907	121,916
Other current assets	6,152	7,058
TOTAL CURRENT ASSETS	187,997	188,260
Property, equipment and software, net	21,438	22,167
Right of use assets - operating leases	24,772	25,107
Other assets, excluding current portion	6,654	6,311
TOTAL ASSETS	240,861	241,845
CURRENT LIABILITIES:
Accrued compensation	18,957	18,357
Accounts payable	25,733	31,221
Accrued taxes other than income taxes	26,584	12,983
Accrued insurance and other	16,891	15,908
Operating lease liabilities	7,201	7,144
Income taxes payable	630	891
TOTAL CURRENT LIABILITIES	95,996	86,504
Accrued payroll taxes and other, excluding current portion	22,278	29,988
Operating lease liabilities, excluding current portion	36,836	38,232
Income taxes payable, excluding current portion	90	90
Deferred income taxes	0	3
Long-term debt, net	59,081	59,154
TOTAL LIABILITIES	214,281	213,971
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 - 21,736,575 shares and 21,729,400 shares, respectively	2,374	2,374
Paid-in capital	80,142	79,937
Accumulated deficit	(32,384)	(29,793)
Accumulated other comprehensive loss	(5,527)	(6,458)
Treasury stock, at cost; 2,001,428 and 2,008,603 shares, respectively	(18,025)	(18,186)
TOTAL STOCKHOLDERS’ EQUITY	26,580	27,874
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 240,861	$ 241,845

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jan. 31, 2021	Nov. 01, 2020
Statement of Financial Position [Abstract]
Trade accounts receivable, allowances	$ 157	$ 219
Preferred stock, par value (USD per share)	$ 1	$ 1
Preferred stock, shares authorized (shares)	500,000	500,000
Preferred stock, shares issued (shares)	0	0
Common stock, par value (USD per share)	$ 0.10	$ 0.10
Common stock, shares authorized (shares)	120,000,000	120,000,000
Common stock, shares issued (shares)	23,738,003	23,738,003
Common stock, shares outstanding (shares)	21,736,575	21,729,400
Treasury stock, shares (shares)	2,001,428	2,008,603

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Cumulative Effect, Period of Adoption, Adjustment	Common Stock	Paid-in Capital	Accumulated Deficit	Accumulated DeficitCumulative Effect, Period of Adoption, Adjustment	Accumulated Other Comprehensive Income (Loss)	Treasury Stock
Balance at beginning of period (shares) at Nov. 03, 2019			23,738,003
Balance at beginning of period at Nov. 03, 2019	$ 36,189	$ 22,216	$ 2,374	$ 77,688	$ (10,917)	$ 22,216	$ (6,801)	$ (26,155)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(10,808)				(10,808)
Share-based compensation	511			511
Issuance of common stock	(7)			(114)	(739)			846
Other comprehensive income	364						364
Balance at end of period (shares) at Feb. 02, 2020			23,738,003
Balance at end of period at Feb. 02, 2020	48,465		$ 2,374	78,085	(248)		(6,437)	(25,309)
Balance at beginning of period (shares) at Nov. 01, 2020			23,738,003
Balance at beginning of period at Nov. 01, 2020	27,874		$ 2,374	79,937	(29,793)		(6,458)	(18,186)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(2,446)				(2,446)
Share-based compensation	226			226
Issuance of common stock	(5)			(21)	(145)			161
Other comprehensive income	931						931
Balance at end of period (shares) at Jan. 31, 2021			23,738,003
Balance at end of period at Jan. 31, 2021	$ 26,580		$ 2,374	$ 80,142	$ (32,384)		$ (5,527)	$ (18,025)

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Stockholders' Equity (Parenthetical)	12 Months Ended
	Nov. 03, 2019
Statement of Stockholders' Equity [Abstract]
Accounting Standards Update [Extensible List]	us-gaap:AccountingStandardsUpdate201602Member

Condensed Consolidated Statem_7

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2021	Feb. 02, 2020
CASH FLOWS (USED IN) PROVIDED BY OPERATING ACTIVITIES:
Net loss	$ (2,446)	$ (10,808)
Adjustment to reconcile net loss to cash (used in) provided by operating activities:
Depreciation and amortization	1,705	1,973
Non-cash operating lease activity	2,269	2,082
Allowance (release) of doubtful accounts and sales allowances	(22)	5
Unrealized foreign currency exchange loss	629	472
Impairment charges	31	11
Gain on dispositions of property, equipment and software	0	(327)
Share-based compensation	226	511
Change in operating assets and liabilities:
Trade accounts receivable	(7,888)	10,957
Other assets	651	248
Accounts payable	(5,519)	(6,468)
Accrued expenses and other liabilities	4,148	1,205
Income taxes	(283)	172
Net cash (used in) provided by operating activities	(6,499)	33
CASH FLOWS USED IN INVESTING ACTIVITIES:
Sales of investments	115	0
Purchases of investments	(125)	(16)
Proceeds from sale of property, equipment and software	6	352
Purchases of property, equipment and software	(959)	(1,370)
Net cash used in investing activities	(963)	(1,034)
CASH USED IN FINANCING ACTIVITIES:
Repayment of borrowings	0	(10,000)
Draw-down on borrowings	0	10,000
Debt issuance costs	(161)	(230)
Withholding tax payment on vesting of stock awards	(5)	(6)
Net cash used in financing activities	(166)	(236)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(13)	(565)
Net decrease in cash, cash equivalents and restricted cash	(7,641)	(1,802)
Cash, cash equivalents and restricted cash, beginning of period	56,433	38,444
Cash, cash equivalents and restricted cash, end of period	48,792	36,642
Cash paid during the period:
Interest	484	730
Income taxes	8	4
Current assets:
Cash and cash equivalents	40,062	30,876
Restricted cash included in Restricted cash and short-term investments	8,730	5,766
Cash, cash equivalents and restricted cash, end of period	$ 48,792	$ 36,642

Basis of Presentation

Basis of Presentation	3 Months Ended
	Jan. 31, 2021
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 (“GAAP”), consistent in all material respects with those applied in the Annual Report on Form 10-K for the year ended November 1, 2020. 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, is 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 November 1, 2020.

Recently Issued Accounting Pron

Recently Issued Accounting Pronouncements	3 Months Ended
	Jan. 31, 2021
Accounting Changes and Error Corrections [Abstract]
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements New Accounting Standards Not Yet Adopted by the Company In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-13, Financial Instruments - Credit Losses (Accounting Standards Codification (“ASC”) Topic 326), as clarified in ASU 2019-04, ASU 2019-05, ASU 2019-11 and ASU 2018-19, amending how entities will measure credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. The guidance requires the application of a current expected credit loss model, which is a new impairment model based on expected losses. Under this model, an entity recognizes an allowance for expected credit losses based on historical experience, current conditions and forecasted information rather than the current methodology of delaying recognition of credit losses until it is probable a loss has been incurred. The amendments are effective for fiscal years beginning after December 15, 2022, which for the Company will be the first quarter of fiscal 2024. 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. 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 by the Company In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848) - Facilitation of the Effects of Reference Rate Reform on Financial Reporting (“ASU 2020-04”). ASU 2020-04 provides optional expedients and exceptions for applying GAAP to contracts, hedging relationships and other transactions affected by reference rate reform if certain criteria are met. The amendments in this update apply only to contracts, hedging relationships and other transactions that reference LIBOR or another reference rate expected to be discontinued because of reference rate reform. ASU 2020-04 was effective for the Company in the first quarter of fiscal 2021. The Company’s securitization program references the LIBOR rate but only as a secondary rate to be used under specific circumstances. The adoption of this guidance had no significant impact on the Company’s consolidated financial statements. In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement: Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement (“ASU 2018-13”), which changes the fair value measurement disclosure requirements of ASC 820. ASU 2018-13 is effective for all entities for fiscal years beginning after December 15, 2019, including interim periods therein. Early adoption is permitted for any eliminated or modified disclosures upon issuance of ASU 2018-13. ASU 2018-13 was effective for the Company in the first quarter of fiscal 2021. The adoption of this guidance had no significant impact on the Company’s consolidated financial statements.

Leases

Leases	3 Months Ended
	Jan. 31, 2021
Leases [Abstract]
Leases	Leases The Company’s material operating leases consist of branch locations, as well as corporate office space. Our leases have remaining terms of 1 - 10 years. The lease term is the minimum of the non-cancelable period of the lease or the lease term inclusive of reasonably certain renewal option periods. Volt determines if an arrangement meets the criteria of a lease at inception, at which time it also performs an analysis to determine whether the lease qualifies as operating or financing. Operating leases are included in Right of use assets - operating leases and Operating lease liabilities, current and long-term, in the Condensed Consolidated Balance Sheets. Lease expense for operating leases is recognized on a straight-line basis over the lease term and is included in Selling, administrative and other operating costs in the Condensed Consolidated Statements of Operations. Components of Lease Expense (in thousands) Three Months Ended January 31, 2021 February 2, 2020 Operating lease expense $ 2,269 $ 2,921 Sublease income (402) (394) Variable lease expense 188 201 Total (1)(2) $ 2,055 $ 2,728 (1) The Company has minimal short-term lease expense. (2) Approximately $0.6 million and $0.1 million of lease expense for the three months ended January 31, 2021 and February 2, 2020, respectively, is included in restructuring. Three Months Ended Supplemental Cash Flows Information (in thousands) January 31, 2021 February 2, 2020 Cash paid for amounts included in the measurement of operating lease liabilities $ 2,925 $ 2,953 Operating ROU assets obtained in exchange for operating lease liabilities $ 737 $ 137 Three Months ended Weighted Average Remaining Lease Term and Discount Rate January 31, 2021 February 2, 2020 Weighted average remaining lease term (years) 7.8 8.3 Weighted average discount rate 6.3 % 6.3 % Maturities of Operating Lease Liabilities (in thousands) As of January 31, 2021 Fiscal Year: Amount 2021 $ 7,456 2022 8,200 2023 6,979 2024 5,618 2025 5,255 Thereafter 22,895 Total future lease payments $ 56,403 Less: Imputed interest 12,366 Total operating lease liabilities $ 44,037

Revenue Recognition

Revenue Recognition	3 Months Ended
	Jan. 31, 2021
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition Revenue Recognition All of the Company’s revenue and trade receivables are generated from contracts with customers. Revenue is recognized when control of the promised services is transferred to the Company’s customers at an amount that reflects the consideration the Company expects to be entitled to in exchange for those services. The Company’s revenue is recorded net of any sales or other similar taxes collected from its customers. Revenue Service Types Staffing Services Volt’s primary service is providing contingent (temporary) workers to its customers. These services are primarily provided through direct agreements with customers and Volt provides these services using its employees and, in some cases, by subcontracting with other vendors of contingent workers. Volt’s costs in providing these services consist of the wages and benefits provided to the contingent workers as well as the recruiting costs, payroll department costs and other administrative costs. Direct Placement Services Direct placement services include providing qualified candidates to the Company’s customers to hire on a permanent basis. Direct placement revenue is recognized net of a reserve for permanent placement candidates that do not remain with the customer through the contingency period, which is typically 60 days or less. This contingency is estimated based on historical data and recorded as a refund liability. Managed Service Programs ( “ MSP ” ) The Company’s MSP programs provide comprehensive solutions for delivery of contingent labor for assignment to customers, including supplier and worker sourcing, selecting, qualifying, on/off-boarding, time and expense recordation, reporting and approved invoicing and payment processing procedures. The Company’s fee for these MSP services is a fixed percentage of the staffing services spend that is managed through the program. Disaggregation of Revenues The following table presents our segment revenues disaggregated by service type (in thousands): Three Months Ended January 31, 2021 Segment Total North American Staffing International Staffing North American Corporate and Other Eliminations Service Revenues: Staffing Services $ 209,269 $ 182,567 $ 19,995 $ 6,647 $ 119 $ (59) Direct Placement Services 3,064 1,649 879 536 — — Managed Service Programs 5,625 — 3,139 2,486 — — $ 217,958 $ 184,216 $ 24,013 $ 9,669 $ 119 $ (59) Geographical Markets: Domestic $ 192,832 $ 183,297 $ — $ 9,572 $ — $ (37) International 25,126 919 24,013 97 119 (22) $ 217,958 $ 184,216 $ 24,013 $ 9,669 $ 119 $ (59) Three Months Ended February 2, 2020 Segment Total North American Staffing International Staffing North American Corporate and Other Eliminations Service Revenues: Staffing Services $ 210,043 $ 180,863 $ 23,607 $ 5,794 $ 203 $ (424) Direct Placement Services 3,217 1,532 1,008 677 — — Managed Service Programs 4,506 — 1,608 2,898 — — $ 217,766 $ 182,395 $ 26,223 $ 9,369 $ 203 $ (424) Geographical Markets: Domestic $ 190,683 $ 181,768 $ — $ 9,318 $ — $ (403) International 27,083 627 26,223 51 203 (21) $ 217,766 $ 182,395 $ 26,223 $ 9,369 $ 203 $ (424) Unsatisfied Performance Obligations The Company does not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less and (ii) contracts for which they will recognize revenue at the amount to which it has the right to invoice for services performed. Unsatisfied performance obligations for contracts not meeting the aforementioned criteria are immaterial. Accounts Receivable, Contract Assets and Contract Liabilities The Company records accounts receivable when its right to consideration becomes unconditional and records a sales allowance as a liability. As of January 31, 2021, the change in the reserve balance from November 1, 2020 was minimal. Contract assets primarily relate to the Company’s rights to consideration for services provided that are conditional on satisfaction of future performance obligations. The Company records contract liabilities when payments are made or due prior to the related performance obligations being satisfied. The current portion of contract liabilities is included in Accrued insurance and other in the Condensed Consolidated Balance Sheets. The Company does not have any material contract assets or long-term contract liabilities as of January 31, 2021 and November 1, 2020. Economic Factors The Company’s operations are subject to variations in the economic condition and regulatory environment in their jurisdictions of operations. Adverse economic conditions may severely reduce the demand for the Company’s services and directly impact the revenue. In addition, the Company faces risks in complying with various legal requirements and unpredictable changes in both U.S. and foreign regulations which may have a financial impact on the business and operations.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	3 Months Ended
	Jan. 31, 2021
Equity [Abstract]
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss The changes in accumulated other comprehensive loss for the three months ended January 31, 2021 were (in thousands): Foreign Currency Translation Accumulated other comprehensive loss at beginning of the period $ (6,458) Other comprehensive income 931 Accumulated other comprehensive loss at January 31, 2021 $ (5,527) There were no reclassifications from accumulated other comprehensive loss for the three months ended January 31, 2021 and February 2, 2020.

Restricted Cash and Short-Term

Restricted Cash and Short-Term Investments	3 Months Ended
	Jan. 31, 2021
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, where contractually required. At January 31, 2021 and November 1, 2020, restricted cash included $4.1 million and $9.2 million, respectively, restricted for payment to associate vendors, and $0.6 million and $0.5 million, respectively, restricted for other collateral accounts. At January 31, 2021 and November 1, 2020, restricted cash also included $4.0 million and $8.2 million, respectively, restricted under the Company’s long-term accounts receivable securitization program (“DZ Financing Program”) with DZ Bank AG Deutsche Zentral-Genossenschaftsbank (“DZ Bank”). This cash was restricted as it supplemented collateral provided by accounts receivable towards the Company’s aggregate borrowing base usage of $84.5 million, inclusive of $60.0 million outstanding and $24.5 million in issued letters of credit at January 31, 2021 and November 1, 2020.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Jan. 31, 2021
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Assets and liabilities recorded at fair value are measured and classified in accordance with a three-tier fair value hierarchy based on the observability of the inputs available in the market to measure fair value, as described below: a. Level 1 measurements consist of unadjusted quoted prices in active markets for identical assets or liabilities. b. Level 2 measurements include quoted prices in markets that are not active or model inputs that are observable either directly or indirectly for substantially the full term of the asset or liability. c. Level 3 measurements include significant unobservable inputs. The carrying amounts of the Company’s financial instruments, which include cash, cash equivalents, restricted cash, accounts receivable and accounts payable, approximated their fair values due to the short-term nature of these instruments. The Company holds mutual funds to satisfy its obligations under its employee deferred compensation plan, which is carried at fair value based on quoted market prices in active markets for identical assets (Level 1). These short-term investments were $3.2 million and $2.9 million at January 31, 2021 and November 1, 2020, respectively. The carrying amounts of long-term debt recorded in the Company’s Condensed Consolidated Balance Sheets were $59.1 million and $59.2 million at January 31, 2021 and November 1, 2020, respectively. These amounts were net of deferred financing fees and approximated its fair value, which is determinable based on the interest rates the Company believes it could obtain for borrowings with similar terms (Level 2). Certain assets, such as goodwill, are not measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances. Upon a triggering event or evidence of impairment, the Company determines the fair value of these assets using Level 3 inputs, typically within a discounted cash flow model. There have been no changes in the methodology used to measure fair value of the financial instruments as well as any transfer of Level 3 assets or liabilities during the three months ended January 31, 2021.

Income Taxes

Income Taxes	3 Months Ended
	Jan. 31, 2021
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The income tax provision 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 (“U.S.”) and certain non-U.S. 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 for income taxes primarily includes foreign jurisdictions and state taxes. The income tax provision in the first quarters of fiscal 2021 and 2020 were $0.3 million and $0.2 million, respectively, primarily related to locations outside of the United States. The Company’s quarterly provision for income taxes is measured using an estimated annual effective tax rate, adjusted for discrete items that occur within the periods presented. The Company has analyzed the income tax impacts of the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) and has determined that it will not have a material impact to the Company.

Debt

Debt	3 Months Ended
	Jan. 31, 2021
Debt Disclosure [Abstract]
Debt	Debt The Company’s primary sources of liquidity are cash flows from operations and proceeds from its financing arrangements. Both operating cash flows and borrowing capacity under the Company’s financing arrangements are directly related to the levels of accounts receivable generated by its businesses. The Company’s operating cash flows consist primarily of collections of customer receivables offset by payments for payroll and related items for the Company’s contingent staff and in-house employees; federal, foreign, state and local taxes; and trade payables. The Company’s level of borrowing capacity under its financing arrangements increases or decreases in tandem with any change in accounts receivable based on revenue fluctuations. The Company manages its cash flow and related liquidity on a global basis. The weekly payroll payments inclusive of employment-related taxes and payments to vendors are approximately $16.0 million. The Company generally targets minimum global liquidity to be approximately 1.5 times its average weekly requirements. The Company also maintains minimum effective cash balances in foreign operations and uses a multi-currency netting and overdraft facility for its European entities to further minimize overseas cash requirements. On March 27, 2020, the U.S. government enacted the CARES Act which, among other things, permits the deferral of the employer’s portion of social security tax payments between March 27, 2020 and December 31, 2020. As a result, as of January 31, 2021, $26.2 million of employer payroll tax payments were deferred with 50% due by December 31, 2021 and the remaining 50% by December 31, 2022. The DZ Financing Program is fully collateralized by certain receivables of the Company that are sold to a wholly-owned, consolidated, bankruptcy-remote subsidiary. To finance the purchase of such receivables, that subsidiary may request that DZ Bank make loans from time-to-time to that subsidiary which are secured by liens on those receivables. In July 2019, the Company amended and restated its long-term DZ Financing Program, which was originally executed on January 25, 2018. The restated agreement allows for the inclusion of certain accounts receivable from originators in the United Kingdom, which added an additional $5.0 - $7.0 million in borrowing availability. In June 2020, the Maximum Facility Amount, as defined in the DZ Financing Program, was reduced from $115.0 million to $100.0 million. In December 2020, the Company amended the DZ Financing Program. The modifications to the agreement were to (1) extend the Amortization Date, as defined in the DZ Financing Program, from January 25, 2023 to January 25, 2024; (2) extend the Facility Maturity Date, as defined in the DZ Financing Program, from July 25, 2023 to July 25, 2024; (3) revise an existing covenant to maintain positive net income in any fiscal year ending after 2020 to any fiscal year ending after 2021; (4) replace the existing TNW (“Tangible Net Worth”) covenant requirement, as defined in the DZ Financing Program, to a minimum TNW of $20.0 million through the Company’s fiscal quarter ending on or about July 31, 2021 and $25.0 million in each quarter thereafter; and (5) revise the eligibility threshold for the receivables of a large North American Staffing customer from 5% of eligible receivables to 8%, which increased our overall availability under the Program by $1.0 - $3.0 million. All other terms and conditions of the DZ Financing Program remain substantially unchanged. Loan advances may be made under the DZ Financing Program through January 25, 2024 and all loans will mature no later than July 25, 2024. Loans will accrue interest (i) with respect to loans that are funded through the issuance of commercial paper notes, at the commercial paper (“CP”) rate and (ii) otherwise, at a rate per annum equal to adjusted LIBOR. The CP rate will be based on the rates paid by the applicable lender on notes it issues to fund related loans. Adjusted LIBOR is based on LIBOR for the applicable interest period and the rate prescribed by the Board of Governors of the Federal Reserve System for determining the reserve requirements with respect to Eurocurrency funding. If an event of default occurs, all loans shall bear interest at a rate per annum equal to the prime rate (the federal funds rate plus 3%) plus 2.5%. The DZ Financing Program also includes a letter of credit sub-facility with a sub-limit of $35.0 million. As of January 31, 2021, the letter of credit participation was $24.5 million inclusive of $23.3 million for the Company’s casualty insurance program and $1.2 million for the security deposit required under certain real estate lease agreements. The DZ Financing Program contains customary representations and warranties as well as affirmative and negative covenants. The agreement also contains customary default, indemnification and termination provisions. The DZ Financing Program is not an off-balance sheet arrangement, as the bankruptcy-remote subsidiary is a 100%-owned consolidated subsidiary of the Company. The Company is subject to certain financial and portfolio performance covenants under the DZ Financing Program, including (1) a minimum TNW, as defined under the DZ Financing Program, of at least $20.0 million through the Company's fiscal quarter ending on or about July 31, 2021 and $25.0 million in each quarter thereafter; (2) positive net income in any fiscal year ending after 2021; (3) maximum debt to tangible net worth ratio of 3:1; and (4) a minimum of $15.0 million in liquid assets, as defined under the DZ Financing Program. At January 31, 2021, the Company was in compliance with all debt covenants. At January 31, 2021, there was $2.2 million of borrowing availability, as defined under the DZ Financing Program. At January 31, 2021, the Company had outstanding borrowings under the DZ Financing Program of $60.0 million, with a weighted average annual interest rate of 1.9% during the first quarter of fiscal 2021. At February 2, 2020, the Company had outstanding borrowings under the DZ Financing Program of $55.0 million, with a weighted average annual rate of 3.5% during the first quarter of fiscal 2020. Long-term debt consists of the following (in thousands): January 31, 2021 November 1, 2020 Financing programs $ 60,000 $ 60,000 Less: Deferred financing fees 919 846 Total long-term debt, net $ 59,081 $ 59,154

Earnings (Loss) Per Share

Earnings (Loss) Per Share	3 Months Ended
	Jan. 31, 2021
Earnings Per Share [Abstract]
Earnings (Loss) Per Share	Earnings (Loss) Per Share Basic and diluted net loss per share are calculated as follows (in thousands, except per share amounts): Three Months Ended January 31, 2021 February 2, 2020 Numerator Net loss $ (2,446) $ (10,808) Denominator Basic weighted average number of shares 21,793 21,416 Diluted weighted average number of shares 21,793 21,416 Net loss per share: Basic $ (0.11) $ (0.50) Diluted $ (0.11) $ (0.50) The diluted earnings per share for the three months ended January 31, 2021 did not include the effect of potentially dilutive outstanding shares comprised of 958,961 RSUs (defined below), 331,944 stock options and 194,417 PSUs (defined below) because the effect would have been anti-dilutive. The diluted earnings per share for the three months ended February 2, 2020 did not include the effect of potentially dilutive outstanding shares comprised of 653,210 RSUs, 530,135 stock options and 376,986 PSUs because the effect would have been anti-dilutive.

Share-Based Compensation Plans

Share-Based Compensation Plans	3 Months Ended
	Jan. 31, 2021
Share-based Payment Arrangement [Abstract]
Share-Based Compensation Plans	Share-Based Compensation Plans For the three months ended January 31, 2021 and February 2, 2020, the Company recognized share-based compensation expense of $0.2 million, and $0.5 million, respectively. These expenses are included in Selling, administrative and other operating costs in the Company’s Condensed Consolidated Statements of Operations. Fiscal 2020 Awards During fiscal 2020, the Company granted restricted stock units (“RSUs”) to executive management and, due to limited share availability under its long-term incentive plan, issued deferred cash awards to certain employees including executive management. The RSUs and cash awards vest in equal annual tranches over three years, provided the employees remain employed with the Company on the applicable vesting date. The grant date fair value for the RSUs is measured using the closing stock price on the grant date and the total grant date fair value was $0.7 million. The deferred cash awards totaled $2.2 million. In addition, due to limited share availability, cash payments in the aggregate amount of $0.4 million were made in lieu of equity awards to non-executive directors of the Company. Fiscal 2019 Awards During fiscal 2019, the Company granted performance stock units (“PSUs”) to executive management, RSUs to certain employees including executive management and its annual equity grant of RSUs to the Board of Directors. The PSUs are eligible to vest in three one two three employees remain employed with the Company on the applicable vesting date. The payout percentages can range from 0% to 150%. The RSUs for the employees vest in equal annual tranches over three years, provided the employees remain employed with the Company on the applicable vesting date. The RSUs for the Board of Directors vested one year from the grant date provided that the director provides continued service through the vesting date. The grant date fair value for the PSUs and RSUs is measured using the closing stock price on the grant date. The PSUs and RSUs had a total grant date fair value of approximately $1.2 million and $2.1 million, respectively. Summary of Equity and Liability Awards The following tables summarize the activities related to the Company’s share-based equity and liability awards for the three months ended January 31, 2021: Performance Share Units Number of Weighted Average Shares Grant Date Fair Value Outstanding at November 1, 2020 209,662 $3.91 Forfeited (15,245) $4.04 Outstanding at January 31, 2021 194,417 $3.90 Restricted Stock Units Number of Weighted Average Shares Grant Date Fair Value Outstanding at November 1, 2020 976,180 $2.08 Forfeited (7,734) $3.87 Vested (9,485) $4.10 Outstanding at January 31, 2021 958,961 $2.04 Stock Options Number of Weighted Average Exercise Price Weighted Average Contractual Life (in years) Aggregate Intrinsic Value (in thousands) Outstanding at November 1, 2020 331,944 $5.73 6.22 $— Outstanding and Exercisable at January 31, 2021 331,944 $5.73 5.97 $— For the three months ended January 31, 2021, there was no exercise of stock options. As of January 31, 2021, total unrecognized compensation expense of $1.0 million related to PSUs, stock options and RSUs will be recognized over the remaining weighted average vesting period of 1.8 years of which $0.6 million, $0.3 million and $0.1 million are expected to be recognized in fiscal 2021, 2022 and 2023, respectively.

Restructuring and Severance Cha

Restructuring and Severance Charges	3 Months Ended
	Jan. 31, 2021
Restructuring and Related Activities [Abstract]
Restructuring and Severance Charges	Restructuring and Severance Charges The Company incurred total restructuring and severance costs of $0.6 million and $1.2 million in the first quarter of fiscal 2021 and 2020, respectively. 2020 Restructuring Plan In the first quarter of fiscal 2020, the Company approved a restructuring plan (the “2020 Plan”) as part of its strategic initiative to optimize the Company’s cost infrastructure. The 2020 Plan leveraged the global capabilities of the Company's staffing operations based in Bangalore, India and off-shored a significant number of strategically identified roles to this location. The total costs incurred in connection with the 2020 Plan were $1.2 million, consisting of $0.1 million in North American Staffing, $0.1 million in International Staffing and $1.0 million in the Corporate and Other category. Other Restructuring Costs During the first quarter of fiscal 2021, there were other restructuring actions taken by the Company as part of its continued efforts to reduce costs. The Company recorded severance costs of $0.3 million primarily resulting from the elimination of certain positions and $0.6 million related to ongoing costs of facilities impaired in the second half of fiscal 2020 offset by a $0.3 million lease termination gain. Accrued restructuring and severance costs are included in Accrued compensation and Accrued insurance and other in the Condensed Consolidated Balance Sheets. Activity for the first three months of fiscal 2021 is summarized as follows (in thousands): January 31, 2021 Balance, beginning of year $ 212 Charged to expense 632 Cash payments (439) Ending Balance $ 405

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Jan. 31, 2021
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 related to contingent worker employment matters in the staffing services segments. 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.

Related Party Transactions

Related Party Transactions	3 Months Ended
	Jan. 31, 2021
Related Party Transactions [Abstract]
Related Party Transactions	Related Party TransactionsFor the three months ended January 31, 2021 and February 2, 2020, the Company provided staffing services in the aggregate amount of $44,900 and $43,000, respectively, to a company where Volt's Chairman of the Board, William J. Grubbs, serves as President.

Segment Data

Segment Data	3 Months Ended
	Jan. 31, 2021
Segment Reporting [Abstract]
Segment Data	Segment Data We report our segment data in accordance with the provisions of ASC 280, Segment Reporting , 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) North American MSP. The non-reportable businesses are combined and disclosed with corporate services under the category Corporate and Other. Segment operating income (loss) is comprised of segment net revenue less cost of services, selling, administrative and other operating costs, restructuring and severance costs, and impairment charges. 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. Financial data concerning the Company’s segment revenue and operating income (loss) as well as results from Corporate and Other are summarized in the following tables (in thousands): Three Months Ended January 31, 2021 Total North American Staffing International Staffing North American MSP Corporate and Other Eliminations Net revenue $ 217,958 $ 184,216 $ 24,013 $ 9,669 $ 119 $ (59) Cost of services 185,276 157,636 19,851 7,784 64 (59) Gross margin 32,682 26,580 4,162 1,885 55 — Selling, administrative and other operating costs 33,747 20,646 3,788 1,353 7,960 — Restructuring and severance costs 632 (241) (8) — 881 — Impairment charge 31 — — — 31 — Operating income (loss) (1,728) 6,175 382 532 (8,817) — Other income (expense), net (391) Income tax provision 327 Net loss $ (2,446) Three Months Ended February 2, 2020 Total North American Staffing International Staffing North American MSP Corporate and Other Eliminations Net revenue $ 217,766 $ 182,395 $ 26,223 $ 9,369 $ 203 $ (424) Cost of services 186,339 157,394 22,030 7,255 84 (424) Gross margin 31,427 25,001 4,193 2,114 119 — Selling, administrative and other operating costs 39,497 24,809 3,819 1,360 9,509 — Restructuring and severance costs 1,246 82 — — 1,164 — Impairment charge 11 11 — — — — Operating income (loss) (9,327) 99 374 754 (10,554) — Other income (expense), net (1,286) Income tax provision 195 Net loss $ (10,808)

Basis of Presentation (Policies

Basis of Presentation (Policies)	3 Months Ended
	Jan. 31, 2021
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 (“GAAP”), consistent in all material respects with those applied in the Annual Report on Form 10-K for the year ended November 1, 2020. 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, is 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 November 1, 2020.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements New Accounting Standards Not Yet Adopted by the Company In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-13, Financial Instruments - Credit Losses (Accounting Standards Codification (“ASC”) Topic 326), as clarified in ASU 2019-04, ASU 2019-05, ASU 2019-11 and ASU 2018-19, amending how entities will measure credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. The guidance requires the application of a current expected credit loss model, which is a new impairment model based on expected losses. Under this model, an entity recognizes an allowance for expected credit losses based on historical experience, current conditions and forecasted information rather than the current methodology of delaying recognition of credit losses until it is probable a loss has been incurred. The amendments are effective for fiscal years beginning after December 15, 2022, which for the Company will be the first quarter of fiscal 2024. 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. 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 by the Company In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848) - Facilitation of the Effects of Reference Rate Reform on Financial Reporting (“ASU 2020-04”). ASU 2020-04 provides optional expedients and exceptions for applying GAAP to contracts, hedging relationships and other transactions affected by reference rate reform if certain criteria are met. The amendments in this update apply only to contracts, hedging relationships and other transactions that reference LIBOR or another reference rate expected to be discontinued because of reference rate reform. ASU 2020-04 was effective for the Company in the first quarter of fiscal 2021. The Company’s securitization program references the LIBOR rate but only as a secondary rate to be used under specific circumstances. The adoption of this guidance had no significant impact on the Company’s consolidated financial statements. In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement: Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement (“ASU 2018-13”), which changes the fair value measurement disclosure requirements of ASC 820. ASU 2018-13 is effective for all entities for fiscal years beginning after December 15, 2019, including interim periods therein. Early adoption is permitted for any eliminated or modified disclosures upon issuance of ASU 2018-13. ASU 2018-13 was effective for the Company in the first quarter of fiscal 2021. The adoption of this guidance had no significant impact on the Company’s consolidated financial statements.
Leases	Leases The Company’s material operating leases consist of branch locations, as well as corporate office space. Our leases have remaining terms of 1 - 10 years. The lease term is the minimum of the non-cancelable period of the lease or the lease term inclusive of reasonably certain renewal option periods. Volt determines if an arrangement meets the criteria of a lease at inception, at which time it also performs an analysis to determine whether the lease qualifies as operating or financing. Operating leases are included in Right of use assets - operating leases and Operating lease liabilities, current and long-term, in the Condensed Consolidated Balance Sheets. Lease expense for operating leases is recognized on a straight-line basis over the lease term and is included in Selling, administrative and other operating costs in the Condensed Consolidated Statements of Operations.
Revenue Recognition	Revenue Recognition All of the Company’s revenue and trade receivables are generated from contracts with customers. Revenue is recognized when control of the promised services is transferred to the Company’s customers at an amount that reflects the consideration the Company expects to be entitled to in exchange for those services. The Company’s revenue is recorded net of any sales or other similar taxes collected from its customers. Revenue Service Types Staffing Services Volt’s primary service is providing contingent (temporary) workers to its customers. These services are primarily provided through direct agreements with customers and Volt provides these services using its employees and, in some cases, by subcontracting with other vendors of contingent workers. Volt’s costs in providing these services consist of the wages and benefits provided to the contingent workers as well as the recruiting costs, payroll department costs and other administrative costs. Direct Placement Services Direct placement services include providing qualified candidates to the Company’s customers to hire on a permanent basis. Direct placement revenue is recognized net of a reserve for permanent placement candidates that do not remain with the customer through the contingency period, which is typically 60 days or less. This contingency is estimated based on historical data and recorded as a refund liability. Managed Service Programs ( “ MSP ” )

Leases (Tables)

Leases (Tables)	3 Months Ended
	Jan. 31, 2021
Leases [Abstract]
Schedule of Components of Lease Expense and Supplemental Cash Flow Information	Components of Lease Expense (in thousands) Three Months Ended January 31, 2021 February 2, 2020 Operating lease expense $ 2,269 $ 2,921 Sublease income (402) (394) Variable lease expense 188 201 Total (1)(2) $ 2,055 $ 2,728 (1) The Company has minimal short-term lease expense. (2) Approximately $0.6 million and $0.1 million of lease expense for the three months ended January 31, 2021 and February 2, 2020, respectively, is included in restructuring. Three Months Ended Supplemental Cash Flows Information (in thousands) January 31, 2021 February 2, 2020 Cash paid for amounts included in the measurement of operating lease liabilities $ 2,925 $ 2,953 Operating ROU assets obtained in exchange for operating lease liabilities $ 737 $ 137
Schedule of Weighted Average Remaining Lease Term and Discount Rate	Three Months ended Weighted Average Remaining Lease Term and Discount Rate January 31, 2021 February 2, 2020 Weighted average remaining lease term (years) 7.8 8.3 Weighted average discount rate 6.3 % 6.3 %
Schedule of Maturities of Operating Lease Liabilities	Maturities of Operating Lease Liabilities (in thousands) As of January 31, 2021 Fiscal Year: Amount 2021 $ 7,456 2022 8,200 2023 6,979 2024 5,618 2025 5,255 Thereafter 22,895 Total future lease payments $ 56,403 Less: Imputed interest 12,366 Total operating lease liabilities $ 44,037

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Jan. 31, 2021
Revenue from Contract with Customer [Abstract]
Schedule of Segment Revenues Disaggregated by Service Type	The following table presents our segment revenues disaggregated by service type (in thousands): Three Months Ended January 31, 2021 Segment Total North American Staffing International Staffing North American Corporate and Other Eliminations Service Revenues: Staffing Services $ 209,269 $ 182,567 $ 19,995 $ 6,647 $ 119 $ (59) Direct Placement Services 3,064 1,649 879 536 — — Managed Service Programs 5,625 — 3,139 2,486 — — $ 217,958 $ 184,216 $ 24,013 $ 9,669 $ 119 $ (59) Geographical Markets: Domestic $ 192,832 $ 183,297 $ — $ 9,572 $ — $ (37) International 25,126 919 24,013 97 119 (22) $ 217,958 $ 184,216 $ 24,013 $ 9,669 $ 119 $ (59) Three Months Ended February 2, 2020 Segment Total North American Staffing International Staffing North American Corporate and Other Eliminations Service Revenues: Staffing Services $ 210,043 $ 180,863 $ 23,607 $ 5,794 $ 203 $ (424) Direct Placement Services 3,217 1,532 1,008 677 — — Managed Service Programs 4,506 — 1,608 2,898 — — $ 217,766 $ 182,395 $ 26,223 $ 9,369 $ 203 $ (424) Geographical Markets: Domestic $ 190,683 $ 181,768 $ — $ 9,318 $ — $ (403) International 27,083 627 26,223 51 203 (21) $ 217,766 $ 182,395 $ 26,223 $ 9,369 $ 203 $ (424)

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	3 Months Ended
	Jan. 31, 2021
Equity [Abstract]
Schedule of Changes in Accumulated Other Comprehensive Loss	The changes in accumulated other comprehensive loss for the three months ended January 31, 2021 were (in thousands): Foreign Currency Translation Accumulated other comprehensive loss at beginning of the period $ (6,458) Other comprehensive income 931 Accumulated other comprehensive loss at January 31, 2021 $ (5,527)

Debt (Tables)

Debt (Tables)	3 Months Ended
	Jan. 31, 2021
Debt Disclosure [Abstract]
Schedule of Long-term Debt	Long-term debt consists of the following (in thousands): January 31, 2021 November 1, 2020 Financing programs $ 60,000 $ 60,000 Less: Deferred financing fees 919 846 Total long-term debt, net $ 59,081 $ 59,154

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	3 Months Ended
	Jan. 31, 2021
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Net Loss per Share	Basic and diluted net loss per share are calculated as follows (in thousands, except per share amounts): Three Months Ended January 31, 2021 February 2, 2020 Numerator Net loss $ (2,446) $ (10,808) Denominator Basic weighted average number of shares 21,793 21,416 Diluted weighted average number of shares 21,793 21,416 Net loss per share: Basic $ (0.11) $ (0.50) Diluted $ (0.11) $ (0.50)

Share-Based Compensation Plans

Share-Based Compensation Plans (Tables)	3 Months Ended
	Jan. 31, 2021
Share-based Payment Arrangement [Abstract]
Schedule of Share-Based Payment Award Activity	The following tables summarize the activities related to the Company’s share-based equity and liability awards for the three months ended January 31, 2021: Performance Share Units Number of Weighted Average Shares Grant Date Fair Value Outstanding at November 1, 2020 209,662 $3.91 Forfeited (15,245) $4.04 Outstanding at January 31, 2021 194,417 $3.90 Restricted Stock Units Number of Weighted Average Shares Grant Date Fair Value Outstanding at November 1, 2020 976,180 $2.08 Forfeited (7,734) $3.87 Vested (9,485) $4.10 Outstanding at January 31, 2021 958,961 $2.04 Stock Options Number of Weighted Average Exercise Price Weighted Average Contractual Life (in years) Aggregate Intrinsic Value (in thousands) Outstanding at November 1, 2020 331,944 $5.73 6.22 $— Outstanding and Exercisable at January 31, 2021 331,944 $5.73 5.97 $—

Restructuring and Severance C_2

Restructuring and Severance Charges (Tables)	3 Months Ended
	Jan. 31, 2021
Restructuring and Related Activities [Abstract]
Schedule of Restructuring Activity	Activity for the first three months of fiscal 2021 is summarized as follows (in thousands): January 31, 2021 Balance, beginning of year $ 212 Charged to expense 632 Cash payments (439) Ending Balance $ 405

Segment Data (Tables)

Segment Data (Tables)	3 Months Ended
	Jan. 31, 2021
Segment Reporting [Abstract]
Schedule of Sales and Segment Operating Income (Loss) by Reportable Operating Segment	Financial data concerning the Company’s segment revenue and operating income (loss) as well as results from Corporate and Other are summarized in the following tables (in thousands): Three Months Ended January 31, 2021 Total North American Staffing International Staffing North American MSP Corporate and Other Eliminations Net revenue $ 217,958 $ 184,216 $ 24,013 $ 9,669 $ 119 $ (59) Cost of services 185,276 157,636 19,851 7,784 64 (59) Gross margin 32,682 26,580 4,162 1,885 55 — Selling, administrative and other operating costs 33,747 20,646 3,788 1,353 7,960 — Restructuring and severance costs 632 (241) (8) — 881 — Impairment charge 31 — — — 31 — Operating income (loss) (1,728) 6,175 382 532 (8,817) — Other income (expense), net (391) Income tax provision 327 Net loss $ (2,446) Three Months Ended February 2, 2020 Total North American Staffing International Staffing North American MSP Corporate and Other Eliminations Net revenue $ 217,766 $ 182,395 $ 26,223 $ 9,369 $ 203 $ (424) Cost of services 186,339 157,394 22,030 7,255 84 (424) Gross margin 31,427 25,001 4,193 2,114 119 — Selling, administrative and other operating costs 39,497 24,809 3,819 1,360 9,509 — Restructuring and severance costs 1,246 82 — — 1,164 — Impairment charge 11 11 — — — — Operating income (loss) (9,327) 99 374 754 (10,554) — Other income (expense), net (1,286) Income tax provision 195 Net loss $ (10,808)

Leases - Narrative (Details)

Leases - Narrative (Details)	Jan. 31, 2021
Minimum
Lessee, Lease, Description [Line Items]
Lease term	1 year
Maximum
Lessee, Lease, Description [Line Items]
Lease term	10 years

Leases - Components of Lease Ex

Leases - Components of Lease Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2021	Feb. 02, 2020
Leases [Abstract]
Operating lease expense	$ 2,269	$ 2,921
Sublease income	(402)	(394)
Variable lease expense	188	201
Total	2,055	2,728
Lease expense included in restructuring expense	$ 600	$ 100

Leases - Supplemental Cash Flow

Leases - Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2021	Feb. 02, 2020
Leases [Abstract]
Cash paid for amounts included in the measurement of operating lease liabilities	$ 2,925	$ 2,953
Operating ROU assets obtained in exchange for operating lease liabilities	$ 737	$ 137

Leases - Weighted Average Lease

Leases - Weighted Average Lease Information (Details)	Jan. 31, 2021	Feb. 02, 2020
Leases [Abstract]
Weighted average remaining lease term (years)	7 years 9 months 18 days	8 years 3 months 18 days
Weighted average discount rate (as a percent)	6.30%	6.30%

Leases - Lease Maturities (Deta

Leases - Lease Maturities (Details) $ in Thousands	Jan. 31, 2021USD ($)
Fiscal Year, After Adoption of Topic 842
2021	$ 7,456
2022	8,200
2023	6,979
2024	5,618
2025	5,255
Thereafter	22,895
Total future lease payments	56,403
Less: Imputed interest	12,366
Total operating lease liabilities	$ 44,037

Revenue Recognition - Schedule

Revenue Recognition - Schedule of Disaggregation of Revenue, by Segment (Details) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2021	Feb. 02, 2020
Disaggregation of Revenue [Line Items]
Revenues	$ 217,958	$ 217,766
Domestic
Disaggregation of Revenue [Line Items]
Revenues	192,832	190,683
International
Disaggregation of Revenue [Line Items]
Revenues	25,126	27,083
Staffing Services
Disaggregation of Revenue [Line Items]
Revenues	209,269	210,043
Direct Placement Services
Disaggregation of Revenue [Line Items]
Revenues	3,064	3,217
Managed Service Programs
Disaggregation of Revenue [Line Items]
Revenues	5,625	4,506
Operating Segments | North American Staffing
Disaggregation of Revenue [Line Items]
Revenues	184,216	182,395
Operating Segments | North American Staffing | Domestic
Disaggregation of Revenue [Line Items]
Revenues	183,297	181,768
Operating Segments | North American Staffing | International
Disaggregation of Revenue [Line Items]
Revenues	919	627
Operating Segments | North American Staffing | Staffing Services
Disaggregation of Revenue [Line Items]
Revenues	182,567	180,863
Operating Segments | North American Staffing | Direct Placement Services
Disaggregation of Revenue [Line Items]
Revenues	1,649	1,532
Operating Segments | North American Staffing | Managed Service Programs
Disaggregation of Revenue [Line Items]
Revenues	0	0
Operating Segments | International Staffing
Disaggregation of Revenue [Line Items]
Revenues	24,013	26,223
Operating Segments | International Staffing | Domestic
Disaggregation of Revenue [Line Items]
Revenues	0	0
Operating Segments | International Staffing | International
Disaggregation of Revenue [Line Items]
Revenues	24,013	26,223
Operating Segments | International Staffing | Staffing Services
Disaggregation of Revenue [Line Items]
Revenues	19,995	23,607
Operating Segments | International Staffing | Direct Placement Services
Disaggregation of Revenue [Line Items]
Revenues	879	1,008
Operating Segments | International Staffing | Managed Service Programs
Disaggregation of Revenue [Line Items]
Revenues	3,139	1,608
Operating Segments | North American MSP
Disaggregation of Revenue [Line Items]
Revenues	9,669	9,369
Operating Segments | North American MSP | Domestic
Disaggregation of Revenue [Line Items]
Revenues	9,572	9,318
Operating Segments | North American MSP | International
Disaggregation of Revenue [Line Items]
Revenues	97	51
Operating Segments | North American MSP | Staffing Services
Disaggregation of Revenue [Line Items]
Revenues	6,647	5,794
Operating Segments | North American MSP | Direct Placement Services
Disaggregation of Revenue [Line Items]
Revenues	536	677
Operating Segments | North American MSP | Managed Service Programs
Disaggregation of Revenue [Line Items]
Revenues	2,486	2,898
Corporate and Other
Disaggregation of Revenue [Line Items]
Revenues	119	203
Corporate and Other | Domestic
Disaggregation of Revenue [Line Items]
Revenues	0	0
Corporate and Other | International
Disaggregation of Revenue [Line Items]
Revenues	119	203
Corporate and Other | Staffing Services
Disaggregation of Revenue [Line Items]
Revenues	119	203
Corporate and Other | Direct Placement Services
Disaggregation of Revenue [Line Items]
Revenues	0	0
Corporate and Other | Managed Service Programs
Disaggregation of Revenue [Line Items]
Revenues	0	0
Eliminations
Disaggregation of Revenue [Line Items]
Revenues	(59)	(424)
Eliminations | Domestic
Disaggregation of Revenue [Line Items]
Revenues	(37)	(403)
Eliminations | International
Disaggregation of Revenue [Line Items]
Revenues	(22)	(21)
Eliminations | Staffing Services
Disaggregation of Revenue [Line Items]
Revenues	(59)	(424)
Eliminations | Direct Placement Services
Disaggregation of Revenue [Line Items]
Revenues	0	0
Eliminations | Managed Service Programs
Disaggregation of Revenue [Line Items]
Revenues	$ 0	$ 0

Revenue Recognition - Narrative

Revenue Recognition - Narrative (Details) - USD ($)	Jan. 31, 2021	Nov. 01, 2020
Revenue from Contract with Customer [Abstract]
Contract assets	$ 0	$ 0
Long-term contract liabilities	$ 0	$ 0

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss - Changes in AOCI (Details) $ in Thousands	3 Months Ended
	Jan. 31, 2021USD ($)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	$ 27,874
Balance at end of period	26,580
Foreign Currency Translation
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(6,458)
Other comprehensive income	931
Balance at end of period	$ (5,527)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Loss - Narrative (Details) - USD ($)	3 Months Ended
	Jan. 31, 2021	Feb. 02, 2020
Equity [Abstract]
Reclassifications from accumulated other comprehensive loss	$ 0	$ 0

Restricted Cash and Short-Ter_2

Restricted Cash and Short-Term Investments - Narrative (Details) - USD ($) $ in Millions	Jan. 31, 2021	Nov. 01, 2020	Feb. 02, 2020
DZ Financing Program
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash	$ 4	$ 8.2
Aggregate borrowing base usage	84.5
Long-term debt	60		$ 55
Restricted cash and short-term investments
Restricted Cash and Cash Equivalents Items [Line Items]
Short-term investments	3.2	2.9
Short-Term Credit Facility | Restricted cash and short-term investments
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted as collateral	0.6	0.5
Letter of Credit | DZ Financing Program
Restricted Cash and Cash Equivalents Items [Line Items]
Line of credit, amount outstanding	24.5
Associated Vendors
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash	$ 4.1	$ 9.2

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details) - USD ($) $ in Millions	Jan. 31, 2021	Nov. 01, 2020
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	$ 3.2	$ 2.9
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt	$ 59.1	$ 59.2

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2021	Feb. 02, 2020
Income Tax Disclosure [Abstract]
Income tax provision	$ 327	$ 195

Debt - Narrative (Details)

Debt - Narrative (Details)	Jan. 14, 2020	Dec. 31, 2020USD ($)	Oct. 31, 2021USD ($)	Jan. 31, 2021USD ($)	Feb. 02, 2020USD ($)	Jul. 31, 2021USD ($)	Dec. 30, 2020	Jun. 11, 2020USD ($)	Jun. 10, 2020USD ($)	Jul. 19, 2019USD ($)	Jan. 25, 2019USD ($)
Extinguishment of Debt [Line Items]
Approximate weekly employee compensation, payroll taxes and payments to vendors				$ 16,000,000
Deferred employer payroll taxes				$ 26,200,000
Proportion of deferred employer payroll taxes due in remainder of fiscal year (as a percent)				50.00%
Proportion of deferred employer payroll taxes due next year (as a percent)				50.00%
DZ Financing Program
Extinguishment of Debt [Line Items]
Transferors interests in transferred financial assets, maximum investment limit								$ 100,000,000	$ 115,000,000
Eligibility threshold for receivables of large customers (as a percent)		8.00%					5.00%
Covenant, maximum debt to tangible net worth ratio				3
Covenant, minimum liquid assets				$ 15,000,000
Borrowing availability				2,200,000
Long-term debt				$ 60,000,000	$ 55,000,000
Weighted average annual interest rate during period (as a percent)				1.90%	3.50%
DZ Financing Program | Forecast
Extinguishment of Debt [Line Items]
Covenant, minimum tangible net worth through fiscal quarter ending July 31, 2021 (at least)						$ 20,000,000
Covenant, minimum tangible net worth thereafter			$ 25,000,000
DZ Financing Program | Letter of Credit
Extinguishment of Debt [Line Items]
Current borrowing capacity											$ 35,000,000
Fair value of amount outstanding				$ 24,500,000
DZ Financing Program | Letter of Credit | Short Term Financing Program
Extinguishment of Debt [Line Items]
Fair value of amount outstanding				23,300,000
DZ Financing Program | Letter of Credit, Security Deposit
Extinguishment of Debt [Line Items]
Fair value of amount outstanding				$ 1,200,000
DZ Financing Program | Federal Funds Rate | Letter of Credit
Extinguishment of Debt [Line Items]
Basis spread on variable rate (as a percent)	3.00%
DZ Financing Program | Prime Rate | Letter of Credit
Extinguishment of Debt [Line Items]
Basis spread on variable rate (as a percent)	2.50%
Minimum
Extinguishment of Debt [Line Items]
Target liquidity ratio				1.5
Minimum | DZ Financing Program
Extinguishment of Debt [Line Items]
Additional borrowing capacity of facility										$ 5,000,000
Increase (decrease) in borrowing capacity		$ 1,000,000
Maximum | DZ Financing Program
Extinguishment of Debt [Line Items]
Additional borrowing capacity of facility										$ 7,000,000
Increase (decrease) in borrowing capacity		$ 3,000,000

Debt - Summary (Details)

Debt - Summary (Details) - USD ($) $ in Thousands	Jan. 31, 2021	Nov. 01, 2020
Less:
Deferred financing fees	$ 919	$ 846
Long-term debt, net	59,081	59,154
Short Term Financing Program
Debt Instrument [Line Items]
Financing programs	$ 60,000	$ 60,000

Earnings (Loss) Per Share - Sum

Earnings (Loss) Per Share - Summary (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Jan. 31, 2021	Feb. 02, 2020
Numerator
Net loss	$ (2,446)	$ (10,808)
Denominator
Basic weighted average number of shares (shares)	21,793	21,416
Dilutive weighted average number of shares (shares)	21,793	21,416
Net loss per share:
Basic (USD per share)	$ (0.11)	$ (0.50)
Diluted (USD per share)	$ (0.11)	$ (0.50)

Earnings (Loss) Per Share - Nar

Earnings (Loss) Per Share - Narrative (Details) - shares	3 Months Ended
	Jan. 31, 2021	Feb. 02, 2020
Restricted Stock Units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from EPS (shares)	958,961	653,210
Stock Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from EPS (shares)	331,944	530,135
Performance Share Units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from EPS (shares)	194,417	376,986

Share-Based Compensation Plan_2

Share-Based Compensation Plans - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Jan. 31, 2021	Feb. 02, 2020	Nov. 01, 2020	Nov. 03, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation	$ 0.2	$ 0.5
Deferred cash awards			$ 2.2
Aggregate cash payments made in lieu of equity awards			$ 0.4
Options exercised in period (shares)	0
Total unrecognized compensation cost	$ 1
Weighted average vesting period	1 year 9 months 18 days
Compensation cost not yet recognized, expected in 2021	$ 0.6
Compensation cost not yet recognized, expected in 2022	0.3
Compensation cost not yet recognized, expected in 2023	$ 0.1
Restricted Stock Units (RSUs) and Cash Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period			3 years
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of grants in period			$ 0.7	$ 2.1
Restricted Stock Units (RSUs) | Board of Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period				1 year
Restricted Stock Units (RSUs) | Employee
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period				3 years
Performance Stock Units (PSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period				3 years
Fair value of grants in period				$ 1.2
Performance Stock Units (PSUs) | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity instruments other than options, payout rate (as a percent)				0.00%
Performance Stock Units (PSUs) | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity instruments other than options, payout rate (as a percent)				150.00%
Performance Stock Units (PSUs) | Vesting Period One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period				1 year
Performance Stock Units (PSUs) | Vesting Period Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period				2 years
Performance Stock Units (PSUs) | Vesting Period Three
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period				3 years

Share-Based Compensation Plan_3

Share-Based Compensation Plans - Transactions Involving Outstanding Non-Options Awards (Details)	3 Months Ended
	Jan. 31, 2021$ / sharesshares
Performance Share Units
Number of Shares
Outstanding balance at beginning of period (shares) | shares	209,662
Forfeited (shares) | shares	(15,245)
Outstanding balance at end of period (shares) | shares	194,417
Weighted Average Grant Date Fair Value
Outstanding balance at beginning of period (USD per share) | $ / shares	$ 3.91
Forfeited (USD per share) | $ / shares	4.04
Outstanding balance at end of period (USD per share) | $ / shares	$ 3.90
Restricted Stock Units
Number of Shares
Outstanding balance at beginning of period (shares) | shares	976,180
Forfeited (shares) | shares	(7,734)
Vested (shares) | shares	(9,485)
Outstanding balance at end of period (shares) | shares	958,961
Weighted Average Grant Date Fair Value
Outstanding balance at beginning of period (USD per share) | $ / shares	$ 2.08
Forfeited (USD per share) | $ / shares	3.87
Vested (USD per share) | $ / shares	4.10
Outstanding balance at end of period (USD per share) | $ / shares	$ 2.04

Share-Based Compensation Plan_4

Share-Based Compensation Plans - Transactions Involving Outstanding Stock Options (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended
	Jan. 31, 2021	Nov. 01, 2020
Share-based Payment Arrangement [Abstract]
Number of stock options outstanding at end of period (shares)	331,944	331,944
Weighted average exercise price of options outstanding at end of period (USD per share)	$ 5.73	$ 5.73
Weighted average contractual life of options outstanding at end of period (in years)	5 years 11 months 19 days	6 years 2 months 19 days
Aggregate intrinsic value of options outstanding at end of period	$ 0	$ 0
Number of stock options exercisable at end of period (shares)	331,944
Weighted average exercise price of options exercisable at end of period (USD per share)	$ 5.73
Weighted average contractual life of options exercisable at end of period (in years)	5 years 11 months 19 days
Aggregate intrinsic value of options exercisable at end of period	$ 0

Restructuring and Severance C_3

Restructuring and Severance Charges - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2021	Feb. 02, 2020	Nov. 01, 2020
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs	$ 632	$ 1,246
Restructuring reserve	405		$ 212
Severance costs	300
Impairment of Facilities
Restructuring Cost and Reserve [Line Items]
Severance costs	600
Lease Termination Gain
Restructuring Cost and Reserve [Line Items]
Severance costs	(300)
2020 Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs		1,200
Operating Segments | North American Staffing
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs	(241)	82
Operating Segments | International Staffing
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs	(8)	0
Operating Segments | 2020 Plan | North American Staffing
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs		100
Operating Segments | 2020 Plan | International Staffing
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs		100
Corporate and Other
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs	$ 881	1,164
Corporate and Other | 2020 Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs		$ 1,000

Restructuring and Severance C_4

Restructuring and Severance Charges - Summary of Accrued Restructuring and Severance Costs (Details) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2021	Feb. 02, 2020
Restructuring Reserve [Roll Forward]
Balance, beginning of year	$ 212
Charged to expense	632	$ 1,246
Cash payments	(439)
Ending Balance	$ 405

Related Party Transactions - Na

Related Party Transactions - Narrative (Details) - USD ($)	3 Months Ended
	Jan. 31, 2021	Feb. 02, 2020
Related Party Transaction [Line Items]
Staffing services, aggregate amount	$ 217,958,000	$ 217,766,000
Staffing Services
Related Party Transaction [Line Items]
Staffing services, aggregate amount	209,269,000	210,043,000
Related Party | Chairman of the Board | Staffing Services
Related Party Transaction [Line Items]
Staffing services, aggregate amount	$ 44,900	$ 43,000

Segment Data - Summary of Sales

Segment Data - Summary of Sales and Segment Operating Income (Loss) by Reportable Operating Segment (Details) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2021	Feb. 02, 2020
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
NET REVENUE	$ 217,958	$ 217,766
Cost of services	185,276	186,339
GROSS MARGIN	32,682	31,427
Selling, administrative and other operating costs	33,747	39,497
Restructuring and severance costs	632	1,246
Impairment charges	31	11
OPERATING LOSS	(1,728)	(9,327)
Other income (expense), net	(391)	(1,286)
Income tax provision	327	195
NET LOSS	(2,446)	(10,808)
Operating Segments | North American Staffing
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
NET REVENUE	184,216	182,395
Cost of services	157,636	157,394
GROSS MARGIN	26,580	25,001
Selling, administrative and other operating costs	20,646	24,809
Restructuring and severance costs	(241)	82
Impairment charges	0	11
OPERATING LOSS	6,175	99
Operating Segments | International Staffing
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
NET REVENUE	24,013	26,223
Cost of services	19,851	22,030
GROSS MARGIN	4,162	4,193
Selling, administrative and other operating costs	3,788	3,819
Restructuring and severance costs	(8)	0
Impairment charges	0	0
OPERATING LOSS	382	374
Operating Segments | North American MSP
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
NET REVENUE	9,669	9,369
Cost of services	7,784	7,255
GROSS MARGIN	1,885	2,114
Selling, administrative and other operating costs	1,353	1,360
Restructuring and severance costs	0	0
Impairment charges	0	0
OPERATING LOSS	532	754
Corporate and Other
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
NET REVENUE	119	203
Cost of services	64	84
GROSS MARGIN	55	119
Selling, administrative and other operating costs	7,960	9,509
Restructuring and severance costs	881	1,164
Impairment charges	31	0
OPERATING LOSS	(8,817)	(10,554)
Eliminations
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
NET REVENUE	(59)	(424)
Cost of services	(59)	(424)
GROSS MARGIN	0	0
Selling, administrative and other operating costs	0	0
Restructuring and severance costs	0	0
Impairment charges	0	0
OPERATING LOSS	$ 0	$ 0