Volt Information Sciences (VOLT) 10-Q 14 Sep 21 2021 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Aug. 01, 2021	Sep. 10, 2021
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Aug. 1, 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		22,079,278
Amendment Flag	false
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q3
Entity Central Index Key	0000103872
Current Fiscal Year End Date	--10-31

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Aug. 01, 2021	Aug. 02, 2020	Aug. 01, 2021	Aug. 02, 2020
Income Statement [Abstract]
NET REVENUE	$ 217,534	$ 185,941	$ 657,584	$ 610,982
Cost of services	181,334	155,983	552,223	517,360
GROSS MARGIN	36,200	29,958	105,361	93,622
EXPENSES
Selling, administrative and other operating costs	34,039	31,245	100,736	106,931
Restructuring and severance costs	489	546	1,716	2,203
Impairment charges	112	2,384	404	2,395
OPERATING INCOME (LOSS)	1,560	(4,217)	2,505	(17,907)
OTHER INCOME (EXPENSE), NET
Interest income (expense), net	(445)	(467)	(1,352)	(1,788)
Foreign exchange gain (loss), net	(34)	571	279	(23)
Other income (expense), net	(152)	(168)	(455)	(578)
TOTAL OTHER INCOME (EXPENSE), NET	(631)	(64)	(1,528)	(2,389)
INCOME (LOSS) BEFORE INCOME TAXES	929	(4,281)	977	(20,296)
Income tax provision	314	556	929	774
NET INCOME (LOSS)	$ 615	$ (4,837)	$ 48	$ (21,070)
Basic:
Net income (loss) (USD per share)	$ 0.03	$ (0.22)	$ 0	$ (0.98)
Weighted average number of shares (in shares)	21,968	21,589	21,851	21,474
Diluted:
Net income (loss) (USD per share)	$ 0.03	$ (0.22)	$ 0	$ (0.98)
Weighted average number of shares (in shares)	22,651	21,589	22,542	21,474

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Operations (Parenthetical)	9 Months Ended
	Aug. 01, 2021
Income Statement [Abstract]
Cost, Product and Service [Extensible List]	us-gaap:ServiceMember

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Aug. 01, 2021	Aug. 02, 2020	Aug. 01, 2021	Aug. 02, 2020
Statement of Comprehensive Income [Abstract]
NET INCOME (LOSS)	$ 615	$ (4,837)	$ 48	$ (21,070)
Other comprehensive income (loss):
Foreign currency translation adjustments, net of taxes	(189)	733	902	495
COMPREHENSIVE INCOME (LOSS)	$ 426	$ (4,104)	$ 950	$ (20,575)

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Aug. 01, 2021	Nov. 01, 2020
CURRENT ASSETS:
Cash and cash equivalents	$ 49,595	$ 38,550
Restricted cash and short-term investments	11,918	20,736
Trade accounts receivable, net of allowances of $129 and $219, respectively	127,200	121,916
Other current assets	8,503	7,058
TOTAL CURRENT ASSETS	197,216	188,260
Property, equipment and software, net	18,977	22,167
Right of use assets - operating leases	23,700	25,107
Other assets, excluding current portion	6,775	6,311
TOTAL ASSETS	246,668	241,845
CURRENT LIABILITIES:
Accrued compensation	19,700	18,357
Accounts payable	28,670	31,221
Accrued taxes other than income taxes	28,208	12,983
Accrued insurance and other	16,337	15,908
Operating lease liabilities	6,985	7,144
Income taxes payable	957	891
TOTAL CURRENT LIABILITIES	100,857	86,504
Accrued payroll taxes and other, excluding current portion	21,833	29,988
Operating lease liabilities, excluding current portion	35,005	38,232
Income taxes payable, excluding current portion	90	90
Deferred income taxes	0	3
Long-term debt, net	59,230	59,154
TOTAL LIABILITIES	217,015	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 - 22,079,278 shares and 21,729,400 shares, respectively	2,374	2,374
Paid-in capital	79,338	79,937
Accumulated deficit	(33,405)	(29,793)
Accumulated other comprehensive loss	(5,556)	(6,458)
Treasury stock, at cost; 1,658,725 and 2,008,603 shares, respectively	(13,098)	(18,186)
TOTAL STOCKHOLDERS’ EQUITY	29,653	27,874
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 246,668	$ 241,845

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Aug. 01, 2021	Nov. 01, 2020
Statement of Financial Position [Abstract]
Trade accounts receivable, allowances	$ 129	$ 219
Preferred stock, par value (USD per share)	$ 1	$ 1
Preferred stock, shares authorized (in shares)	500,000	500,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (USD per share)	$ 0.10	$ 0.10
Common stock, shares authorized (in shares)	120,000,000	120,000,000
Common stock, shares issued (in shares)	23,738,003	23,738,003
Common stock, shares outstanding (in shares)	22,079,278	21,729,400
Treasury stock, shares (in shares)	1,658,725	2,008,603

Condensed Consolidated Statem_4

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 (in 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 income (loss)	(10,808)				(10,808)
Share-based compensation	511			511
Issuance of common stock	(7)			(114)	(739)			846
Other comprehensive income (loss)	364						364
Balance at end of period (in 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 (in 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 income (loss)	(21,070)
Balance at end of period (in shares) at Aug. 02, 2020			23,738,003
Balance at end of period at Aug. 02, 2020	40,260		$ 2,374	79,686	(16,777)		(6,306)	(18,717)
Balance at beginning of period (in shares) at Feb. 02, 2020			23,738,003
Balance at beginning of period at Feb. 02, 2020	48,465		$ 2,374	78,085	(248)		(6,437)	(25,309)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(5,425)				(5,425)
Share-based compensation	508			508
Other comprehensive income (loss)	(602)						(602)
Balance at end of period (in shares) at May. 03, 2020			23,738,003
Balance at end of period at May. 03, 2020	42,946		$ 2,374	78,593	(5,673)		(7,039)	(25,309)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(4,837)				(4,837)
Share-based compensation	414			414
Issuance of common stock	1,004			679	(6,267)			6,592
Other comprehensive income (loss)	733						733
Balance at end of period (in shares) at Aug. 02, 2020			23,738,003
Balance at end of period at Aug. 02, 2020	40,260		$ 2,374	79,686	(16,777)		(6,306)	(18,717)
Balance at beginning of period (in 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 income (loss)	(2,446)				(2,446)
Share-based compensation	226			226
Issuance of common stock	(5)			(21)	(145)			161
Other comprehensive income (loss)	931						931
Balance at end of period (in 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)
Balance at beginning of period (in 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 income (loss)	48
Balance at end of period (in shares) at Aug. 01, 2021			23,738,003
Balance at end of period at Aug. 01, 2021	29,653		$ 2,374	79,338	(33,405)		(5,556)	(13,098)
Balance at beginning of period (in shares) at Jan. 31, 2021			23,738,003
Balance at beginning of period at Jan. 31, 2021	26,580		$ 2,374	80,142	(32,384)		(5,527)	(18,025)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	1,879				1,879
Share-based compensation	531			531
Other comprehensive income (loss)	160						160
Balance at end of period (in shares) at May. 02, 2021			23,738,003
Balance at end of period at May. 02, 2021	29,150		$ 2,374	80,673	(30,505)		(5,367)	(18,025)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	615				615
Share-based compensation	537			537
Issuance of common stock	(460)			(1,872)	(3,515)			4,927
Other comprehensive income (loss)	(189)						(189)
Balance at end of period (in shares) at Aug. 01, 2021			23,738,003
Balance at end of period at Aug. 01, 2021	$ 29,653		$ 2,374	$ 79,338	$ (33,405)		$ (5,556)	$ (13,098)

Condensed Consolidated Statem_5

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_6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Aug. 01, 2021	Aug. 02, 2020
CASH FLOWS (USED IN) PROVIDED BY OPERATING ACTIVITIES:
Net income (loss)	$ 48	$ (21,070)
Adjustment to reconcile net income (loss) to cash (used in) provided by operating activities:
Depreciation and amortization	5,642	5,884
Non-cash operating lease expense	6,722	6,024
Provision (release) of doubtful accounts and sales allowances	(200)	4
Unrealized foreign currency exchange loss	539	796
Impairment charges	404	2,395
Gain on dispositions of property, equipment and software	0	(287)
Share-based compensation	1,294	1,433
Change in operating assets and liabilities:
Trade accounts receivable	(5,196)	27,815
Other assets	(1,592)	1,011
Accounts payable	(2,562)	(9,507)
Accrued expenses and other liabilities	(236)	(868)
Income taxes	11	(548)
Net cash provided by operating activities	4,874	13,082
CASH FLOWS (USED IN) PROVIDED BY INVESTING ACTIVITIES:
Sales of investments	400	659
Purchases of investments	(386)	(469)
Proceeds from sale of property, equipment and software	20	399
Purchases of property, equipment and software	(2,649)	(3,925)
Net cash used in investing activities	(2,615)	(3,336)
CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES:
Repayment of borrowings	0	(15,000)
Draw-down on borrowings	0	20,000
Debt issuance costs	(166)	(331)
Other	(428)	(74)
Net cash (used in) provided by financing activities	(594)	4,595
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(29)	(463)
Net increase in cash, cash equivalents and restricted cash	1,636	13,878
Cash, cash equivalents and restricted cash, beginning of period	56,433	38,444
Cash, cash equivalents and restricted cash, end of period	58,069	52,322
Cash paid during the period:
Interest	1,374	1,858
Income taxes	252	1,445
Current assets:
Cash and cash equivalents	49,595	30,928
Restricted cash included in Restricted cash and short-term investments	8,474	21,394
Cash, cash equivalents and restricted cash, end of period	$ 58,069	$ 52,322

Basis of Presentation

Basis of Presentation	9 Months Ended
	Aug. 01, 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	9 Months Ended
	Aug. 01, 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 for Smaller Reporting Companies are effective for fiscal years beginning after December 15, 2022, which for the Company will be the first quarter of fiscal 2024. The Company expects to early adopt this ASU in the first quarter of fiscal 2023. 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	9 Months Ended
	Aug. 01, 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 - 9 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. The Company’s finance lease arrangements are immaterial. Components of Lease Expense (in thousands) Three Months Ended Nine Months Ended August 1, 2021 August 2, 2020 August 1, 2021 August 2, 2020 Operating lease expense $ 2,206 $ 2,827 $ 6,660 $ 8,751 Sublease income (461) (394) (1,338) (1,183) Variable lease expense 374 213 1,117 482 Total (1)(2) $ 2,119 $ 2,646 $ 6,439 $ 8,050 (1) The Company ’ s short-term lease expense is immaterial. (2) Lease expense included in restructuring is approximately $0.3 million and $1.2 million for the three and nine months ended August 1, 2021, respectively, and $0.1 million and $0.1 million for the three and nine months ended August 2, 2020, respectively. Nine Months Ended Supplemental Cash Flows Information (in thousands) August 1, 2021 August 2, 2020 Cash paid for amounts included in the measurement of operating lease liabilities $ 8,255 $ 8,784 Operating ROU assets obtained in exchange for operating lease liabilities $ 2,837 $ 1,784 Nine Months Ended Weighted Average Remaining Lease Term and Discount Rate August 1, 2021 August 2, 2020 Weighted average remaining lease term (years) 7.5 8.1 Weighted average discount rate 6.3 % 6.3 % Maturities of Lease Liabilities (in thousands) As of August 1, 2021 Fiscal Year: Amount Remainder of 2021 $ 2,520 2022 8,944 2023 7,525 2024 5,981 2025 5,412 Thereafter 22,990 Total future lease payments $ 53,372 Less: Imputed interest 11,250 Total lease liabilities $ 42,122

Revenue Recognition

Revenue Recognition	9 Months Ended
	Aug. 01, 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 August 1, 2021 Segment Total North American Staffing International Staffing North American Corporate and Other Eliminations Service Revenues: Staffing Services $ 206,733 $ 176,842 $ 22,984 $ 6,800 $ 121 $ (14) Direct Placement Services 4,525 2,539 1,468 518 — — Managed Service Programs 6,276 — 3,804 2,472 — — $ 217,534 $ 179,381 $ 28,256 $ 9,790 $ 121 $ (14) Geographical Markets: Domestic $ 188,229 $ 178,549 $ — $ 9,694 $ — $ (14) International 29,305 832 28,256 96 121 — $ 217,534 $ 179,381 $ 28,256 $ 9,790 $ 121 $ (14) Three Months Ended August 2, 2020 Segment Total North American Staffing International Staffing North American Corporate and Other Eliminations Service Revenues: Staffing Services $ 178,829 $ 153,642 $ 18,829 $ 6,313 $ 149 $ (104) Direct Placement Services 2,587 1,069 935 583 — — Managed Service Programs 4,525 — 1,985 2,540 — — $ 185,941 $ 154,711 $ 21,749 $ 9,436 $ 149 $ (104) Geographical Markets: Domestic $ 163,397 $ 154,123 $ — $ 9,358 $ — $ (84) International 22,544 588 21,749 78 149 (20) $ 185,941 $ 154,711 $ 21,749 $ 9,436 $ 149 $ (104) Nine Months Ended August 1, 2021 Segment Total North American Staffing International Staffing North American Corporate and Other Eliminations Service Revenues: Staffing Services $ 627,908 $ 541,761 $ 65,514 $ 20,381 $ 357 $ (105) Direct Placement Services 11,339 6,131 3,623 1,585 — — Managed Service Programs 18,337 — 11,012 7,325 — — $ 657,584 $ 547,892 $ 80,149 $ 29,291 $ 357 $ (105) Geographical Markets: Domestic $ 574,104 $ 545,168 $ — $ 29,011 $ — $ (75) International 83,480 2,724 80,149 280 357 (30) $ 657,584 $ 547,892 $ 80,149 $ 29,291 $ 357 $ (105) Nine Months Ended August 2, 2020 Segment Total North American Staffing International Staffing North American Corporate and Other Eliminations Service Revenues: Staffing Services $ 588,304 $ 506,471 $ 63,935 $ 18,233 $ 539 $ (874) Direct Placement Services 8,966 4,021 2,818 2,127 — — Managed Service Programs 13,712 — 5,522 8,190 — — $ 610,982 $ 510,492 $ 72,275 $ 28,550 $ 539 $ (874) Geographical Markets: Domestic $ 535,949 $ 508,439 $ — $ 28,323 $ — $ (813) International 75,033 2,053 72,275 227 539 (61) $ 610,982 $ 510,492 $ 72,275 $ 28,550 $ 539 $ (874) 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 August 1, 2021, the change in the reserve balance from November 1, 2020 was a decrease of $0.1 million. 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 August 1, 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	9 Months Ended
	Aug. 01, 2021
Equity [Abstract]
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss The changes in accumulated other comprehensive loss for the three and nine months ended August 1, 2021 were (in thousands): Three Months Ended Nine Months Ended August 1, 2021 Foreign Currency Translation Accumulated other comprehensive loss at beginning of the period $ (5,367) $ (6,458) Other comprehensive income (loss) (189) 902 Accumulated other comprehensive loss at August 1, 2021 $ (5,556) $ (5,556) There were no taxes allocated to the components of Other comprehensive income (loss) and no reclassifications from accumulated other comprehensive loss for the three and nine months ended August 1, 2021 and August 2, 2020.

Restricted Cash and Short-Term

Restricted Cash and Short-Term Investments	9 Months Ended
	Aug. 01, 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 August 1, 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 August 1, 2021 and November 1, 2020, restricted cash also included $3.8 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”). At August 1, 2021, this cash was restricted as it supplemented collateral provided by accounts receivable towards the Company’s aggregate borrowing base usage of $82.1 million, inclusive of $60.0 million outstanding and $22.1 million in issued letters of credit. At November 1, 2020, 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.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Aug. 01, 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 $3.4 million and $2.9 million at August 1, 2021 and November 1, 2020, respectively. The carrying amounts of long-term debt recorded in the Company’s Condensed Consolidated Balance Sheets was $59.2 million at August 1, 2021 and November 1, 2020. This amount was 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 and nine months ended August 1, 2021.

Income Taxes

Income Taxes	9 Months Ended
	Aug. 01, 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 third quarter of fiscal 2021 and 2020 were $0.3 million and $0.6 million, respectively, primarily related to locations outside of the United States. For the nine months ended August 1, 2021 and August 2, 2020, the income tax provision was $0.9 million and $0.8 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 (the “CARES Act”) and has determined that it will not have a material impact to the Company.

Debt

Debt	9 Months Ended
	Aug. 01, 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 $16.5 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 August 1, 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 Tangible Net Worth (“TNW”) 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 August 1, 2021, the letter of credit participation was $22.1 million inclusive of $20.9 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 August 1, 2021, the Company was in compliance with all debt covenants. At August 1, 2021, there was $4.0 million of borrowing availability, as defined under the DZ Financing Program. At August 1, 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 both the third quarter of fiscal 2021 and for the first nine months of fiscal 2021. At August 2, 2020, the Company had outstanding borrowings under the DZ Financing Program of $60.0 million, with a weighted average annual rate of 2.0% during the third quarter of fiscal 2020 and 2.8% during the first nine months of fiscal 2020. Long-term debt consists of the following (in thousands): August 1, 2021 November 1, 2020 Financing programs $ 60,000 $ 60,000 Less: Deferred financing fees 770 846 Total long-term debt, net $ 59,230 $ 59,154

Earnings (Loss) Per Share

Earnings (Loss) Per Share	9 Months Ended
	Aug. 01, 2021
Earnings Per Share [Abstract]
Earnings (Loss) Per Share	Earnings (Loss) Per Share Basic and diluted net income (loss) per share are calculated as follows (in thousands, except per share amounts): Three Months Ended Nine Months Ended August 1, 2021 August 2, 2020 August 1, 2021 August 2, 2020 Numerator Net income (loss) $ 615 $ (4,837) $ 48 $ (21,070) Denominator Basic weighted average number of shares 21,968 21,589 21,851 21,474 Diluted weighted average number of shares 22,651 21,589 22,542 21,474 Net income (loss) per share: Basic $ 0.03 $ (0.22) $ — $ (0.98) Diluted $ 0.03 $ (0.22) $ — $ (0.98) The diluted earnings per share for the three and nine months ended August 1, 2021 did not include the effect of potentially dilutive outstanding shares comprised of 578,577 restricted stock units (“RSUs”), 185,024 stock options and 380,847 performance stock units (“PSUs”) because the effect would have been anti-dilutive. The diluted earnings per share for the three and nine months ended August 2, 2020 did not include the effect of potentially dilutive outstanding shares comprised of 1,006,798 RSUs, 331,944 stock options and 209,662 PSUs because the effect would have been anti-dilutive.

Share-Based Compensation Plans

Share-Based Compensation Plans	9 Months Ended
	Aug. 01, 2021
Share-based Payment Arrangement [Abstract]
Share-Based Compensation Plans	Share-Based Compensation Plans For the three and nine months ended August 1, 2021, the Company recognized share-based compensation expense of $0.5 million and $1.2 million, respectively. For the three and nine months ended August 2, 2020, the Company recognized share-based compensation expense of $0.4 million and $1.1 million, respectively. These expenses are included in Selling, administrative and other operating costs in the Company’s Condensed Consolidated Statements of Operations. 2021 Equity Incentive Plan On April 20, 2021, the stockholders of the Company approved the Company’s 2021 Equity Incentive Plan (the “2021 Plan”). The 2021 Plan permits the granting of (1) stock options, including incentive stock options, (2) stock appreciation rights, (3) restricted stock, (4) restricted stock units, (5) performance awards, and (6) other awards valued in whole or in part by reference to or otherwise based on our common stock (as defined in the 2021 Plan). Subject to adjustment as provided in the 2021 Plan, up to an aggregate of 3,700,000 shares of the Company’s common stock will be available for awards under the 2021 Plan, plus any shares under the Company’s 2019 and 2015 Equity Incentive Plans that rollover, are forfeited or otherwise become available for awards under the 2021 Plan. Fiscal 2021 Awards During the third quarter of fiscal 2021, the Company granted PSUs to certain executives, RSUs to certain employees including executive management and RSUs to the Board of Directors. The PSUs are eligible to vest in three equal tranches at the end of each performance period. Vesting of the PSUs is dependent on the achievement of the adjusted Earnings Before Interest, Taxes, Depreciation and Amortization margin percentage goals based on adjusted revenues at the end of each fiscal year of the one-year, two-year and three-year performance periods and provided that the employees remain employed with the Company on the applicable vesting date. The payout percentages can range from 0% to 150%. The employee RSUs are time-vested and vest in equal annual tranches over three years, provided that the employees remain employed with the Company on the applicable vesting date. The Board of Director RSUs vest 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 $1.6 million and $2.4 million, respectively. Fiscal 2020 Awards During fiscal 2020, the Company granted 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 are time-vested and 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 was 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 PSUs to certain executives, 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 equal tranches at the end of each performance period. Vesting of the PSUs is dependent on the achievement of the adjusted Earnings Before Interest, Taxes, Depreciation and Amortization margin percentage goals based on adjusted revenues at the end of each fiscal year of the one-year, two-year and three-year performance periods and provided that the 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 provided continued service through the vesting date. The grant date fair value for the PSUs and RSUs was 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 Awards The following tables summarize the activities related to the Company’s share-based equity awards for the nine months ended August 1, 2021: Performance Share Units Number of Weighted Average Shares Grant Date Fair Value Outstanding at November 1, 2020 209,662 $3.91 Granted 380,847 $4.19 Forfeited (55,555) $3.56 Vested (69,431) $4.04 Outstanding at August 1, 2021 465,523 $4.16 Restricted Stock Units Number of Weighted Average Shares Grant Date Fair Value Outstanding at November 1, 2020 976,180 $2.08 Granted 578,577 $4.19 Forfeited (29,033) $3.33 Vested (394,502) $2.38 Outstanding at August 1, 2021 1,131,222 $3.02 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 $— Expired (13,740) $6.06 Outstanding and Exercisable at August 1, 2021 318,204 $5.71 5.50 $— For the nine months ended August 1, 2021, there was no exercise of stock options. As of August 1, 2021, total unrecognized compensation expense of $4.1 million related to PSUs, stock options and RSUs will be recognized over the remaining weighted average vesting period of 2.2 years of which $0.8 million, $2.3 million, $0.8 million and $0.2 million are expected to be recognized in fiscal 2021, 2022, 2023 and 2024, respectively.

Restructuring and Severance Cha

Restructuring and Severance Charges	9 Months Ended
	Aug. 01, 2021
Restructuring and Related Activities [Abstract]
Restructuring and Severance Charges	Restructuring and Severance Charges The Company incurred total restructuring and severance costs of $0.5 million and $0.5 million in the third quarter of fiscal 2021 and 2020, respectively, and $1.7 million and $2.2 million for the nine months ended August 1, 2021 and August 2, 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 As part of its continued efforts to reduce costs, the Company recorded other restructuring costs. In the third quarter of fiscal 2021, the Company recorded $0.5 million related to ongoing costs of facilities impaired in the second half of fiscal 2020. In the third quarter of fiscal 2020, the Company recorded severance costs of $0.6 million primarily resulting from the elimination of certain positions. 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 nine months of fiscal 2021 is summarized as follows (in thousands): August 1, 2021 Balance, beginning of year $ 212 Charged to expense 1,716 Cash payments (1,857) Ending Balance $ 71 The remaining balance as of August 1, 2021 was $0.1 million, primarily related to other restructuring costs in the Corporate and Other category. Long-lived assets primarily consist of right-of-use assets, capitalized software costs, leasehold improvements and office equipment. The Company reviews these assets for impairment under Accounting Standards Codification 360 Property, Plant and Equipment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. An impairment loss is recognized if its carrying amount is not recoverable and exceeds its fair value. When an impairment loss is recognized, the carrying amount of the asset is reduced to its estimated fair value based on discounted cash flow analysis or other valuation techniques. In the third quarter of fiscal 2021, the Company recorded an impairment charge of $0.1 million of capitalized software costs related to a change in the expected use of certain assets in the Corporate and Other category.

Impairment Charges

Impairment Charges	9 Months Ended
	Aug. 01, 2021
Restructuring and Related Activities [Abstract]
Impairment Charges	Restructuring and Severance Charges The Company incurred total restructuring and severance costs of $0.5 million and $0.5 million in the third quarter of fiscal 2021 and 2020, respectively, and $1.7 million and $2.2 million for the nine months ended August 1, 2021 and August 2, 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 As part of its continued efforts to reduce costs, the Company recorded other restructuring costs. In the third quarter of fiscal 2021, the Company recorded $0.5 million related to ongoing costs of facilities impaired in the second half of fiscal 2020. In the third quarter of fiscal 2020, the Company recorded severance costs of $0.6 million primarily resulting from the elimination of certain positions. 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 nine months of fiscal 2021 is summarized as follows (in thousands): August 1, 2021 Balance, beginning of year $ 212 Charged to expense 1,716 Cash payments (1,857) Ending Balance $ 71 The remaining balance as of August 1, 2021 was $0.1 million, primarily related to other restructuring costs in the Corporate and Other category. Long-lived assets primarily consist of right-of-use assets, capitalized software costs, leasehold improvements and office equipment. The Company reviews these assets for impairment under Accounting Standards Codification 360 Property, Plant and Equipment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. An impairment loss is recognized if its carrying amount is not recoverable and exceeds its fair value. When an impairment loss is recognized, the carrying amount of the asset is reduced to its estimated fair value based on discounted cash flow analysis or other valuation techniques. In the third quarter of fiscal 2021, the Company recorded an impairment charge of $0.1 million of capitalized software costs related to a change in the expected use of certain assets in the Corporate and Other category.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Aug. 01, 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.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Aug. 01, 2021
Related Party Transactions [Abstract]
Related Party Transactions	Related Party TransactionsFor the nine months ended August 1, 2021 and August 2, 2020, the Company provided staffing services in the aggregate amount of $0.1 million in both periods to a company where Volt’s Chairman of the Board, William J. Grubbs, serves as President.

Segment Data

Segment Data	9 Months Ended
	Aug. 01, 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 August 1, 2021 Total North American Staffing International Staffing North American MSP Corporate and Other Eliminations Net revenue $ 217,534 $ 179,381 $ 28,256 $ 9,790 $ 121 $ (14) Cost of services 181,334 150,552 22,928 7,794 74 (14) Gross margin 36,200 28,829 5,328 1,996 47 — Selling, administrative and other operating costs 34,039 20,483 4,148 1,425 7,983 — Restructuring and severance costs 489 27 — — 462 — Impairment charges 112 — — — 112 — Operating income (loss) 1,560 8,319 1,180 571 (8,510) — Other income (expense), net (631) Income tax provision 314 Net income $ 615 Three Months Ended August 2, 2020 Total North American Staffing International Staffing North American MSP Corporate and Other Eliminations Net revenue $ 185,941 $ 154,711 $ 21,749 $ 9,436 $ 149 $ (104) Cost of services 155,983 130,829 17,805 7,375 78 (104) Gross margin 29,958 23,882 3,944 2,061 71 — Selling, administrative and other operating costs 31,245 19,053 3,312 1,117 7,763 — Restructuring and severance costs 546 335 81 — 130 — Impairment charges 2,384 1,803 — — 581 — Operating income (loss) (4,217) 2,691 551 944 (8,403) — Other income (expense), net (64) Income tax provision 556 Net loss $ (4,837) Nine Months Ended August 1, 2021 Total North American Staffing International Staffing North American MSP Corporate and Other Eliminations Net revenue $ 657,584 $ 547,892 $ 80,149 $ 29,291 $ 357 $ (105) Cost of services 552,223 463,059 65,467 23,596 206 (105) Gross margin 105,361 84,833 14,682 5,695 151 — Selling, administrative and other operating costs 100,736 60,999 12,022 4,275 23,440 — Restructuring and severance costs 1,716 (131) 1 8 1,838 — Impairment charges 404 — — — 404 — Operating income (loss) 2,505 23,965 2,659 1,412 (25,531) — Other income (expense), net (1,528) Income tax provision 929 Net income $ 48 Nine Months Ended August 2, 2020 Total North American Staffing International Staffing North American MSP Corporate and Other Eliminations Net revenue $ 610,982 $ 510,492 $ 72,275 $ 28,550 $ 539 $ (874) Cost of services 517,360 435,646 60,117 22,212 259 (874) Gross margin 93,622 74,846 12,158 6,338 280 — Selling, administrative and other operating costs 106,931 66,905 10,845 4,149 25,032 — Restructuring and severance costs 2,203 761 192 — 1,250 — Impairment charges 2,395 1,814 — — 581 — Operating income (loss) (17,907) 5,366 1,121 2,189 (26,583) — Other income (expense), net (2,389) Income tax provision 774 Net loss $ (21,070)

Basis of Presentation (Policies

Basis of Presentation (Policies)	9 Months Ended
	Aug. 01, 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 for Smaller Reporting Companies are effective for fiscal years beginning after December 15, 2022, which for the Company will be the first quarter of fiscal 2024. The Company expects to early adopt this ASU in the first quarter of fiscal 2023. 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	LeasesThe Company’s material operating leases consist of branch locations, as well as corporate office space. Our leases have remaining terms of 1 - 9 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. The Company’s finance lease arrangements are immaterial.
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)	9 Months Ended
	Aug. 01, 2021
Leases [Abstract]
Schedule of Components of Lease Expense and Supplemental Cash Flow Information	Components of Lease Expense (in thousands) Three Months Ended Nine Months Ended August 1, 2021 August 2, 2020 August 1, 2021 August 2, 2020 Operating lease expense $ 2,206 $ 2,827 $ 6,660 $ 8,751 Sublease income (461) (394) (1,338) (1,183) Variable lease expense 374 213 1,117 482 Total (1)(2) $ 2,119 $ 2,646 $ 6,439 $ 8,050 (1) The Company ’ s short-term lease expense is immaterial. (2) Lease expense included in restructuring is approximately $0.3 million and $1.2 million for the three and nine months ended August 1, 2021, respectively, and $0.1 million and $0.1 million for the three and nine months ended August 2, 2020, respectively. Nine Months Ended Supplemental Cash Flows Information (in thousands) August 1, 2021 August 2, 2020 Cash paid for amounts included in the measurement of operating lease liabilities $ 8,255 $ 8,784 Operating ROU assets obtained in exchange for operating lease liabilities $ 2,837 $ 1,784
Schedule of Weighted Average Remaining Lease Term and Discount Rate	Nine Months Ended Weighted Average Remaining Lease Term and Discount Rate August 1, 2021 August 2, 2020 Weighted average remaining lease term (years) 7.5 8.1 Weighted average discount rate 6.3 % 6.3 %
Schedule of Maturities of Operating Lease Liabilities	Maturities of Lease Liabilities (in thousands) As of August 1, 2021 Fiscal Year: Amount Remainder of 2021 $ 2,520 2022 8,944 2023 7,525 2024 5,981 2025 5,412 Thereafter 22,990 Total future lease payments $ 53,372 Less: Imputed interest 11,250 Total lease liabilities $ 42,122

Revenue Recognition (Tables)

Revenue Recognition (Tables)	9 Months Ended
	Aug. 01, 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 August 1, 2021 Segment Total North American Staffing International Staffing North American Corporate and Other Eliminations Service Revenues: Staffing Services $ 206,733 $ 176,842 $ 22,984 $ 6,800 $ 121 $ (14) Direct Placement Services 4,525 2,539 1,468 518 — — Managed Service Programs 6,276 — 3,804 2,472 — — $ 217,534 $ 179,381 $ 28,256 $ 9,790 $ 121 $ (14) Geographical Markets: Domestic $ 188,229 $ 178,549 $ — $ 9,694 $ — $ (14) International 29,305 832 28,256 96 121 — $ 217,534 $ 179,381 $ 28,256 $ 9,790 $ 121 $ (14) Three Months Ended August 2, 2020 Segment Total North American Staffing International Staffing North American Corporate and Other Eliminations Service Revenues: Staffing Services $ 178,829 $ 153,642 $ 18,829 $ 6,313 $ 149 $ (104) Direct Placement Services 2,587 1,069 935 583 — — Managed Service Programs 4,525 — 1,985 2,540 — — $ 185,941 $ 154,711 $ 21,749 $ 9,436 $ 149 $ (104) Geographical Markets: Domestic $ 163,397 $ 154,123 $ — $ 9,358 $ — $ (84) International 22,544 588 21,749 78 149 (20) $ 185,941 $ 154,711 $ 21,749 $ 9,436 $ 149 $ (104) Nine Months Ended August 1, 2021 Segment Total North American Staffing International Staffing North American Corporate and Other Eliminations Service Revenues: Staffing Services $ 627,908 $ 541,761 $ 65,514 $ 20,381 $ 357 $ (105) Direct Placement Services 11,339 6,131 3,623 1,585 — — Managed Service Programs 18,337 — 11,012 7,325 — — $ 657,584 $ 547,892 $ 80,149 $ 29,291 $ 357 $ (105) Geographical Markets: Domestic $ 574,104 $ 545,168 $ — $ 29,011 $ — $ (75) International 83,480 2,724 80,149 280 357 (30) $ 657,584 $ 547,892 $ 80,149 $ 29,291 $ 357 $ (105) Nine Months Ended August 2, 2020 Segment Total North American Staffing International Staffing North American Corporate and Other Eliminations Service Revenues: Staffing Services $ 588,304 $ 506,471 $ 63,935 $ 18,233 $ 539 $ (874) Direct Placement Services 8,966 4,021 2,818 2,127 — — Managed Service Programs 13,712 — 5,522 8,190 — — $ 610,982 $ 510,492 $ 72,275 $ 28,550 $ 539 $ (874) Geographical Markets: Domestic $ 535,949 $ 508,439 $ — $ 28,323 $ — $ (813) International 75,033 2,053 72,275 227 539 (61) $ 610,982 $ 510,492 $ 72,275 $ 28,550 $ 539 $ (874)

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	9 Months Ended
	Aug. 01, 2021
Equity [Abstract]
Schedule of Changes in Accumulated Other Comprehensive Loss	The changes in accumulated other comprehensive loss for the three and nine months ended August 1, 2021 were (in thousands): Three Months Ended Nine Months Ended August 1, 2021 Foreign Currency Translation Accumulated other comprehensive loss at beginning of the period $ (5,367) $ (6,458) Other comprehensive income (loss) (189) 902 Accumulated other comprehensive loss at August 1, 2021 $ (5,556) $ (5,556)

Debt (Tables)

Debt (Tables)	9 Months Ended
	Aug. 01, 2021
Debt Disclosure [Abstract]
Schedule of Long-term Debt	Long-term debt consists of the following (in thousands): August 1, 2021 November 1, 2020 Financing programs $ 60,000 $ 60,000 Less: Deferred financing fees 770 846 Total long-term debt, net $ 59,230 $ 59,154

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	9 Months Ended
	Aug. 01, 2021
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Net Loss per Share	Basic and diluted net income (loss) per share are calculated as follows (in thousands, except per share amounts): Three Months Ended Nine Months Ended August 1, 2021 August 2, 2020 August 1, 2021 August 2, 2020 Numerator Net income (loss) $ 615 $ (4,837) $ 48 $ (21,070) Denominator Basic weighted average number of shares 21,968 21,589 21,851 21,474 Diluted weighted average number of shares 22,651 21,589 22,542 21,474 Net income (loss) per share: Basic $ 0.03 $ (0.22) $ — $ (0.98) Diluted $ 0.03 $ (0.22) $ — $ (0.98)

Share-Based Compensation Plans

Share-Based Compensation Plans (Tables)	9 Months Ended
	Aug. 01, 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 awards for the nine months ended August 1, 2021: Performance Share Units Number of Weighted Average Shares Grant Date Fair Value Outstanding at November 1, 2020 209,662 $3.91 Granted 380,847 $4.19 Forfeited (55,555) $3.56 Vested (69,431) $4.04 Outstanding at August 1, 2021 465,523 $4.16 Restricted Stock Units Number of Weighted Average Shares Grant Date Fair Value Outstanding at November 1, 2020 976,180 $2.08 Granted 578,577 $4.19 Forfeited (29,033) $3.33 Vested (394,502) $2.38 Outstanding at August 1, 2021 1,131,222 $3.02 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 $— Expired (13,740) $6.06 Outstanding and Exercisable at August 1, 2021 318,204 $5.71 5.50 $—

Restructuring and Severance C_2

Restructuring and Severance Charges (Tables)	9 Months Ended
	Aug. 01, 2021
Restructuring and Related Activities [Abstract]
Schedule of Restructuring Activity	Activity for the first nine months of fiscal 2021 is summarized as follows (in thousands): August 1, 2021 Balance, beginning of year $ 212 Charged to expense 1,716 Cash payments (1,857) Ending Balance $ 71

Segment Data (Tables)

Segment Data (Tables)	9 Months Ended
	Aug. 01, 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 August 1, 2021 Total North American Staffing International Staffing North American MSP Corporate and Other Eliminations Net revenue $ 217,534 $ 179,381 $ 28,256 $ 9,790 $ 121 $ (14) Cost of services 181,334 150,552 22,928 7,794 74 (14) Gross margin 36,200 28,829 5,328 1,996 47 — Selling, administrative and other operating costs 34,039 20,483 4,148 1,425 7,983 — Restructuring and severance costs 489 27 — — 462 — Impairment charges 112 — — — 112 — Operating income (loss) 1,560 8,319 1,180 571 (8,510) — Other income (expense), net (631) Income tax provision 314 Net income $ 615 Three Months Ended August 2, 2020 Total North American Staffing International Staffing North American MSP Corporate and Other Eliminations Net revenue $ 185,941 $ 154,711 $ 21,749 $ 9,436 $ 149 $ (104) Cost of services 155,983 130,829 17,805 7,375 78 (104) Gross margin 29,958 23,882 3,944 2,061 71 — Selling, administrative and other operating costs 31,245 19,053 3,312 1,117 7,763 — Restructuring and severance costs 546 335 81 — 130 — Impairment charges 2,384 1,803 — — 581 — Operating income (loss) (4,217) 2,691 551 944 (8,403) — Other income (expense), net (64) Income tax provision 556 Net loss $ (4,837) Nine Months Ended August 1, 2021 Total North American Staffing International Staffing North American MSP Corporate and Other Eliminations Net revenue $ 657,584 $ 547,892 $ 80,149 $ 29,291 $ 357 $ (105) Cost of services 552,223 463,059 65,467 23,596 206 (105) Gross margin 105,361 84,833 14,682 5,695 151 — Selling, administrative and other operating costs 100,736 60,999 12,022 4,275 23,440 — Restructuring and severance costs 1,716 (131) 1 8 1,838 — Impairment charges 404 — — — 404 — Operating income (loss) 2,505 23,965 2,659 1,412 (25,531) — Other income (expense), net (1,528) Income tax provision 929 Net income $ 48 Nine Months Ended August 2, 2020 Total North American Staffing International Staffing North American MSP Corporate and Other Eliminations Net revenue $ 610,982 $ 510,492 $ 72,275 $ 28,550 $ 539 $ (874) Cost of services 517,360 435,646 60,117 22,212 259 (874) Gross margin 93,622 74,846 12,158 6,338 280 — Selling, administrative and other operating costs 106,931 66,905 10,845 4,149 25,032 — Restructuring and severance costs 2,203 761 192 — 1,250 — Impairment charges 2,395 1,814 — — 581 — Operating income (loss) (17,907) 5,366 1,121 2,189 (26,583) — Other income (expense), net (2,389) Income tax provision 774 Net loss $ (21,070)

Leases - Narrative (Details)

Leases - Narrative (Details)	Aug. 01, 2021
Minimum
Lessee, Lease, Description [Line Items]
Lease term	1 year
Maximum
Lessee, Lease, Description [Line Items]
Lease term	9 years

Leases - Components of Lease Ex

Leases - Components of Lease Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Aug. 01, 2021	Aug. 02, 2020	Aug. 01, 2021	Aug. 02, 2020
Leases [Abstract]
Operating lease expense	$ 2,206	$ 2,827	$ 6,660	$ 8,751
Sublease income	(461)	(394)	(1,338)	(1,183)
Variable lease expense	374	213	1,117	482
Total	2,119	2,646	6,439	8,050
Lease expense included in restructuring expense	$ 300	$ 100	$ 1,200	$ 100

Leases - Supplemental Cash Flow

Leases - Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	9 Months Ended
	Aug. 01, 2021	Aug. 02, 2020
Leases [Abstract]
Cash paid for amounts included in the measurement of operating lease liabilities	$ 8,255	$ 8,784
Operating ROU assets obtained in exchange for operating lease liabilities	$ 2,837	$ 1,784

Leases - Weighted Average Lease

Leases - Weighted Average Lease Information (Details)	Aug. 01, 2021	Aug. 02, 2020
Leases [Abstract]
Weighted average remaining lease term (years)	7 years 6 months	8 years 1 month 6 days
Weighted average discount rate (as a percent)	6.30%	6.30%

Leases - Lease Maturities (Deta

Leases - Lease Maturities (Details) $ in Thousands	Aug. 01, 2021USD ($)
Fiscal Year, After Adoption of Topic 842
Remainder of 2021	$ 2,520
2022	8,944
2023	7,525
2024	5,981
2025	5,412
Thereafter	22,990
Total future lease payments	53,372
Less: Imputed interest	11,250
Total lease liabilities	$ 42,122

Revenue Recognition - Disaggreg

Revenue Recognition - Disaggregation of Revenue by Segment (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Aug. 01, 2021	Aug. 02, 2020	Aug. 01, 2021	Aug. 02, 2020
Disaggregation of Revenue [Line Items]
Revenues	$ 217,534	$ 185,941	$ 657,584	$ 610,982
Domestic
Disaggregation of Revenue [Line Items]
Revenues	188,229	163,397	574,104	535,949
International
Disaggregation of Revenue [Line Items]
Revenues	29,305	22,544	83,480	75,033
Staffing Services
Disaggregation of Revenue [Line Items]
Revenues	206,733	178,829	627,908	588,304
Direct Placement Services
Disaggregation of Revenue [Line Items]
Revenues	4,525	2,587	11,339	8,966
Managed Service Programs
Disaggregation of Revenue [Line Items]
Revenues	6,276	4,525	18,337	13,712
Operating Segments | North American Staffing
Disaggregation of Revenue [Line Items]
Revenues	179,381	154,711	547,892	510,492
Operating Segments | North American Staffing | Domestic
Disaggregation of Revenue [Line Items]
Revenues	178,549	154,123	545,168	508,439
Operating Segments | North American Staffing | International
Disaggregation of Revenue [Line Items]
Revenues	832	588	2,724	2,053
Operating Segments | North American Staffing | Staffing Services
Disaggregation of Revenue [Line Items]
Revenues	176,842	153,642	541,761	506,471
Operating Segments | North American Staffing | Direct Placement Services
Disaggregation of Revenue [Line Items]
Revenues	2,539	1,069	6,131	4,021
Operating Segments | North American Staffing | Managed Service Programs
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
Operating Segments | International Staffing
Disaggregation of Revenue [Line Items]
Revenues	28,256	21,749	80,149	72,275
Operating Segments | International Staffing | Domestic
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
Operating Segments | International Staffing | International
Disaggregation of Revenue [Line Items]
Revenues	28,256	21,749	80,149	72,275
Operating Segments | International Staffing | Staffing Services
Disaggregation of Revenue [Line Items]
Revenues	22,984	18,829	65,514	63,935
Operating Segments | International Staffing | Direct Placement Services
Disaggregation of Revenue [Line Items]
Revenues	1,468	935	3,623	2,818
Operating Segments | International Staffing | Managed Service Programs
Disaggregation of Revenue [Line Items]
Revenues	3,804	1,985	11,012	5,522
Operating Segments | North American MSP
Disaggregation of Revenue [Line Items]
Revenues	9,790	9,436	29,291	28,550
Operating Segments | North American MSP | Domestic
Disaggregation of Revenue [Line Items]
Revenues	9,694	9,358	29,011	28,323
Operating Segments | North American MSP | International
Disaggregation of Revenue [Line Items]
Revenues	96	78	280	227
Operating Segments | North American MSP | Staffing Services
Disaggregation of Revenue [Line Items]
Revenues	6,800	6,313	20,381	18,233
Operating Segments | North American MSP | Direct Placement Services
Disaggregation of Revenue [Line Items]
Revenues	518	583	1,585	2,127
Operating Segments | North American MSP | Managed Service Programs
Disaggregation of Revenue [Line Items]
Revenues	2,472	2,540	7,325	8,190
Corporate and Other
Disaggregation of Revenue [Line Items]
Revenues	121	149	357	539
Corporate and Other | Domestic
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
Corporate and Other | International
Disaggregation of Revenue [Line Items]
Revenues	121	149	357	539
Corporate and Other | Staffing Services
Disaggregation of Revenue [Line Items]
Revenues	121	149	357	539
Corporate and Other | Direct Placement Services
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
Corporate and Other | Managed Service Programs
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
Eliminations
Disaggregation of Revenue [Line Items]
Revenues	(14)	(104)	(105)	(874)
Eliminations | Domestic
Disaggregation of Revenue [Line Items]
Revenues	(14)	(84)	(75)	(813)
Eliminations | International
Disaggregation of Revenue [Line Items]
Revenues	0	(20)	(30)	(61)
Eliminations | Staffing Services
Disaggregation of Revenue [Line Items]
Revenues	(14)	(104)	(105)	(874)
Eliminations | Direct Placement Services
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
Eliminations | Managed Service Programs
Disaggregation of Revenue [Line Items]
Revenues	$ 0	$ 0	$ 0	$ 0

Revenue Recognition - Narrative

Revenue Recognition - Narrative (Details) - USD ($)	9 Months Ended
	Aug. 01, 2021	Nov. 01, 2020
Revenue from Contract with Customer [Abstract]
Decrease in reserve balance of sales allowance	$ 100,000
Contract assets	0	$ 0
Long-term contract liabilities	$ 0	$ 0

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss - Changes in AOCI (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Aug. 01, 2021	Aug. 01, 2021
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	$ 29,150	$ 27,874
Balance at end of period	29,653	29,653
Foreign Currency Translation
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(5,367)	(6,458)
Other comprehensive income (loss)	(189)	902
Balance at end of period	$ (5,556)	$ (5,556)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Loss - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Aug. 01, 2021	Aug. 02, 2020	Aug. 01, 2021	Aug. 02, 2020
Equity [Abstract]
Taxes allocated to components of other comprehensive income (loss)	$ 0	$ 0	$ 0	$ 0
Reclassifications from accumulated other comprehensive loss	$ 0	$ 0	$ 0	$ 0

Restricted Cash and Short-Ter_2

Restricted Cash and Short-Term Investments (Details) - USD ($) $ in Millions	Aug. 01, 2021	Nov. 01, 2020	Aug. 02, 2020
DZ Financing Program
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash	$ 3.8	$ 8.2
Aggregate borrowing base usage	82.1	84.5
Long-term debt	60	60	$ 60
Restricted cash and short-term investments
Restricted Cash and Cash Equivalents Items [Line Items]
Short-term investments	3.4	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	22.1	24.5
Associated Vendors
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash	$ 4.1	$ 9.2

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Millions	Aug. 01, 2021	Nov. 01, 2020
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	$ 3.4	$ 2.9
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt	$ 59.2	$ 59.2

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Aug. 01, 2021	Aug. 02, 2020	Aug. 01, 2021	Aug. 02, 2020
Income Tax Disclosure [Abstract]
Income tax provision	$ 314	$ 556	$ 929	$ 774

Debt - Narrative (Details)

Debt - Narrative (Details)

Jan. 14, 2020

Dec. 31, 2020USD ($)

Oct. 31, 2021USD ($)

Aug. 01, 2021USD ($)

Aug. 02, 2020USD ($)

Aug. 01, 2021USD ($)

Jul. 31, 2021USD ($)

Aug. 02, 2020USD ($)

Dec. 30, 2020

Nov. 01, 2020USD ($)

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

$ 16,500,000

Deferred employer payroll taxes

$ 26,200,000

$ 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

Covenant, minimum tangible net worth through fiscal quarter ending July 31, 2021 (at least)

$ 20,000,000

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

$ 15,000,000

Borrowing availability

4,000,000

4,000,000

Long-term debt

$ 60,000,000

$ 60,000,000

$ 60,000,000

$ 60,000,000

$ 60,000,000

Weighted average annual interest rate during period (as a percent)

1.90%

2.00%

1.90%

2.80%

DZ Financing Program | Forecast

Extinguishment of Debt [Line Items]

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

$ 22,100,000

$ 22,100,000

DZ Financing Program | Letter of Credit | Short Term Financing Program

Extinguishment of Debt [Line Items]

Fair value of amount outstanding

20,900,000

20,900,000

DZ Financing Program | Letter of Credit, Security Deposit

Extinguishment of Debt [Line Items]

Fair value of amount outstanding

$ 1,200,000

$ 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 - Schedule of Long-term De

Debt - Schedule of Long-term Debt (Details) - USD ($) $ in Thousands	Aug. 01, 2021	Nov. 01, 2020
Less:
Deferred financing fees	$ 770	$ 846
Long-term debt, net	59,230	59,154
Short Term Financing Program
Debt Instrument [Line Items]
Financing programs	$ 60,000	$ 60,000

Earnings (Loss) Per Share - Sch

Earnings (Loss) Per Share - Schedule of Basic and Diluted Net Loss per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended						9 Months Ended
	Aug. 01, 2021	May 02, 2021	Jan. 31, 2021	Aug. 02, 2020	May 03, 2020	Feb. 02, 2020	Aug. 01, 2021	Aug. 02, 2020
Numerator
Net income (loss)	$ 615	$ 1,879	$ (2,446)	$ (4,837)	$ (5,425)	$ (10,808)	$ 48	$ (21,070)
Denominator
Basic weighted average number of shares (in shares)	21,968			21,589			21,851	21,474
Dilutive weighted average number of shares (in shares)	22,651			21,589			22,542	21,474
Net income (loss) per share:
Basic (USD per share)	$ 0.03			$ (0.22)			$ 0	$ (0.98)
Diluted (USD per share)	$ 0.03			$ (0.22)			$ 0	$ (0.98)

Earnings (Loss) Per Share - Nar

Earnings (Loss) Per Share - Narrative (Details) - shares	3 Months Ended		9 Months Ended
	Aug. 01, 2021	Aug. 02, 2020	Aug. 01, 2021	Aug. 02, 2020
Restricted Stock Units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from EPS (in shares)	578,577	1,006,798	578,577	1,006,798
Stock Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from EPS (in shares)	185,024	331,944	185,024	331,944
Performance Share Units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from EPS (in shares)	380,847	209,662	380,847	209,662

Share-Based Compensation Plan_2

Share-Based Compensation Plans - Narrative (Details) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Aug. 01, 2021USD ($)tranche	Aug. 02, 2020USD ($)	Aug. 01, 2021USD ($)trancheshares	Aug. 02, 2020USD ($)	Nov. 01, 2020USD ($)	Nov. 03, 2019USD ($)tranche	Apr. 20, 2021shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation	$ 0.5	$ 0.4	$ 1.2	$ 1.1
Deferred cash awards					$ 2.2
Aggregate cash payments made in lieu of equity awards					0.4
Options exercised in period (in shares) | shares			0
Total unrecognized compensation cost	4.1		$ 4.1
Weighted average vesting period			2 years 2 months 12 days
Compensation cost not yet recognized, expected to be recognized in 2021	0.8		$ 0.8
Compensation cost not yet recognized, expected to be recognized in 2022	2.3		2.3
Compensation cost not yet recognized, expected to be recognized in 2023	0.8		0.8
Compensation cost not yet recognized, expected to be recognized in 2024	$ 0.2		$ 0.2
Performance Stock Units (PSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of tranches | tranche	3		3			3
Fair value of grants in period			$ 1.6			$ 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%			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%			150.00%
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of grants in period			$ 2.4		$ 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			1 year
Restricted Stock Units (RSUs) | Employee
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period			3 years			3 years
Restricted Stock Units (RSUs) and Cash Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period					3 years
Vesting Period One | Performance Stock Units (PSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period			1 year			1 year
Vesting Period Two | Performance Stock Units (PSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period			2 years			2 years
Vesting Period Three | Performance Stock Units (PSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period			3 years			3 years
2021 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity Incentive Plan, common stock available for grant (in shares) | shares							3,700,000

Share-Based Compensation Plan_3

Share-Based Compensation Plans - Transactions Involving Outstanding Non-Option Awards (Details)	9 Months Ended
	Aug. 01, 2021$ / sharesshares
Performance Share Units
Number of Shares
Outstanding balance at beginning of period (in shares) | shares	209,662
Granted (in shares) | shares	380,847
Forfeited (in shares) | shares	(55,555)
Vested (in shares) | shares	(69,431)
Outstanding balance at end of period (in shares) | shares	465,523
Weighted Average Grant Date Fair Value
Outstanding balance at beginning of period (USD per share) | $ / shares	$ 3.91
Granted (USD per share) | $ / shares	4.19
Forfeited (USD per share) | $ / shares	3.56
Vested (USD per share) | $ / shares	4.04
Outstanding balance at end of period (USD per share) | $ / shares	$ 4.16
Restricted Stock Units
Number of Shares
Outstanding balance at beginning of period (in shares) | shares	976,180
Granted (in shares) | shares	578,577
Forfeited (in shares) | shares	(29,033)
Vested (in shares) | shares	(394,502)
Outstanding balance at end of period (in shares) | shares	1,131,222
Weighted Average Grant Date Fair Value
Outstanding balance at beginning of period (USD per share) | $ / shares	$ 2.08
Granted (USD per share) | $ / shares	4.19
Forfeited (USD per share) | $ / shares	3.33
Vested (USD per share) | $ / shares	2.38
Outstanding balance at end of period (USD per share) | $ / shares	$ 3.02

Share-Based Compensation Plan_4

Share-Based Compensation Plans - Transactions Involving Outstanding Stock Options (Details) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended	12 Months Ended
	Aug. 01, 2021	Nov. 01, 2020
Number of Shares
Number of stock options outstanding at end of period (in shares)	318,204	331,944
Expired (in shares)	(13,740)
Number of stock options exercisable at end of period (in shares)	318,204
Weighted Average Exercise Price
Weighted average exercise price of options outstanding at end of period (USD per share)	$ 5.71	$ 5.73
Expired (USD per share)	6.06
Weighted average exercise price of options exercisable at end of period (USD per share)	$ 5.71
Weighted Average Contractual Life (in years)
Weighted average contractual life of options outstanding at end of period (in years)	5 years 6 months	6 years 2 months 19 days
Weighted average contractual life of options exercisable at end of period (in years)	5 years 6 months
Aggregate Intrinsic Value (in thousands)
Aggregate intrinsic value of options outstanding at end of period	$ 0	$ 0
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			9 Months Ended
	Aug. 01, 2021	Aug. 02, 2020	Feb. 02, 2020	Aug. 01, 2021	Aug. 02, 2020	Nov. 01, 2020
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs	$ 489	$ 546		$ 1,716	$ 2,203
Severance costs	500	600
Restructuring reserve	71			71		$ 212
Operating Segments | North American Staffing
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs	27	335		(131)	761
Operating Segments | International Staffing
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs	0	81		1	192
Corporate and Other
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs	$ 462	$ 130		$ 1,838	$ 1,250
2020 Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs			$ 1,200
2020 Plan | Operating Segments | North American Staffing
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs			100
2020 Plan | Operating Segments | International Staffing
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs			100
2020 Plan | Corporate and Other
Restructuring Cost and Reserve [Line Items]
Restructuring and severance costs			$ 1,000

Restructuring and Severance C_4

Restructuring and Severance Charges - Schedule of Restructuring Activity (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Aug. 01, 2021	Aug. 02, 2020	Aug. 01, 2021	Aug. 02, 2020
Restructuring Reserve [Roll Forward]
Balance, beginning of year			$ 212
Charged to expense	$ 489	$ 546	1,716	$ 2,203
Cash payments			(1,857)
Ending Balance	$ 71		$ 71

Impairment Charges (Details)

Impairment Charges (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Aug. 01, 2021	Aug. 02, 2020	Aug. 01, 2021	Aug. 02, 2020
Finite-Lived Intangible Assets [Line Items]
Impairment charge of capitalized software costs	$ 100
Impairment charges	112	$ 2,384	$ 404	$ 2,395
Operating Segments | North American Staffing
Finite-Lived Intangible Assets [Line Items]
Impairment charges	0	1,803	0	1,814
Corporate and Other
Finite-Lived Intangible Assets [Line Items]
Impairment charges	$ 112	$ 581	$ 404	$ 581

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Aug. 01, 2021	Aug. 02, 2020	Aug. 01, 2021	Aug. 02, 2020
Related Party Transaction [Line Items]
Staffing services, aggregate amount	$ 217,534	$ 185,941	$ 657,584	$ 610,982
Staffing Services
Related Party Transaction [Line Items]
Staffing services, aggregate amount	$ 206,733	$ 178,829	627,908	588,304
Related Party | Chairman of the Board | Staffing Services
Related Party Transaction [Line Items]
Staffing services, aggregate amount			$ 100	$ 100

Segment Data - Sales and Segmen

Segment Data - Sales and Segment Operating Income (Loss) by Reportable Operating Segment (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Aug. 01, 2021	May 02, 2021	Jan. 31, 2021	Aug. 02, 2020	May 03, 2020	Feb. 02, 2020	Aug. 01, 2021	Aug. 02, 2020
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
NET REVENUE	$ 217,534			$ 185,941			$ 657,584	$ 610,982
Cost of services	181,334			155,983			552,223	517,360
GROSS MARGIN	36,200			29,958			105,361	93,622
Selling, administrative and other operating costs	34,039			31,245			100,736	106,931
Restructuring and severance costs	489			546			1,716	2,203
Impairment charges	112			2,384			404	2,395
OPERATING INCOME (LOSS)	1,560			(4,217)			2,505	(17,907)
Other income (expense), net	(631)			(64)			(1,528)	(2,389)
Income tax provision	314			556			929	774
NET INCOME (LOSS)	615	$ 1,879	$ (2,446)	(4,837)	$ (5,425)	$ (10,808)	48	(21,070)
Operating Segments | North American Staffing
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
NET REVENUE	179,381			154,711			547,892	510,492
Cost of services	150,552			130,829			463,059	435,646
GROSS MARGIN	28,829			23,882			84,833	74,846
Selling, administrative and other operating costs	20,483			19,053			60,999	66,905
Restructuring and severance costs	27			335			(131)	761
Impairment charges	0			1,803			0	1,814
OPERATING INCOME (LOSS)	8,319			2,691			23,965	5,366
Operating Segments | International Staffing
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
NET REVENUE	28,256			21,749			80,149	72,275
Cost of services	22,928			17,805			65,467	60,117
GROSS MARGIN	5,328			3,944			14,682	12,158
Selling, administrative and other operating costs	4,148			3,312			12,022	10,845
Restructuring and severance costs	0			81			1	192
Impairment charges	0			0			0	0
OPERATING INCOME (LOSS)	1,180			551			2,659	1,121
Operating Segments | North American MSP
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
NET REVENUE	9,790			9,436			29,291	28,550
Cost of services	7,794			7,375			23,596	22,212
GROSS MARGIN	1,996			2,061			5,695	6,338
Selling, administrative and other operating costs	1,425			1,117			4,275	4,149
Restructuring and severance costs	0			0			8	0
Impairment charges	0			0			0	0
OPERATING INCOME (LOSS)	571			944			1,412	2,189
Corporate and Other
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
NET REVENUE	121			149			357	539
Cost of services	74			78			206	259
GROSS MARGIN	47			71			151	280
Selling, administrative and other operating costs	7,983			7,763			23,440	25,032
Restructuring and severance costs	462			130			1,838	1,250
Impairment charges	112			581			404	581
OPERATING INCOME (LOSS)	(8,510)			(8,403)			(25,531)	(26,583)
Eliminations
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
NET REVENUE	(14)			(104)			(105)	(874)
Cost of services	(14)			(104)			(105)	(874)
GROSS MARGIN	0			0			0	0
Selling, administrative and other operating costs	0			0			0	0
Restructuring and severance costs	0			0			0	0
Impairment charges	0			0			0	0
OPERATING INCOME (LOSS)	$ 0			$ 0			$ 0	$ 0