BGSF (BGSF) 10-Q 6 Aug 20 2020 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 28, 2020	Aug. 04, 2020
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 28, 2020
Document Transition Report	false
Entity File Number	001-36704
Entity Registrant Name	BG STAFFING, INC
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	26-0656684
Entity Address, Address Line One	5850 Granite Parkway, Suite 730
Entity Address, City or Town	Plano
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	75024
City Area Code	972
Local Phone Number	692-2400
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Title of 12(b) Security	Common Stock
Trading Symbol	BGSF
Security Exchange Name	NYSE
Entity Common Stock, Shares Outstanding		10,306,986
Entity Central Index Key	0001474903
Current Fiscal Year End Date	--12-27
Amendment Flag	false
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2020

UNAUDITED CONSOLIDATED BALANCE

UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 28, 2020	Dec. 29, 2019
Current assets
Accounts receivable (net of allowance for credit losses of $467,200 at 2020 and $468,233 for 2019)	$ 37,762,131	$ 39,423,801
Prepaid expenses	1,822,807	1,224,230
Income taxes receivable	0	69,649
Other current assets	516,087	19,516
Total current assets	40,101,025	40,737,196
Property and equipment, net	4,156,997	3,545,049
Other assets
Deposits and other assets	4,119,108	3,843,023
Deferred income taxes, net	4,514,048	4,071,847
Right-of-use asset - operating leases	6,250,464	4,386,317
Intangible assets, net	36,441,098	33,807,973
Goodwill	31,372,990	25,194,639
Total other assets	82,697,708	71,303,799
Total assets	126,955,730	115,586,044
Current liabilities
Long-term debt, current portion	2,250,000	375,000
Accrued interest	279,418	73,027
Accounts payable	127,088	479,422
Accrued payroll and expenses	12,834,242	10,485,039
Contingent consideration, current portion	1,183,920	0
Lease liability, current portion	1,764,001	1,277,843
Other current liabilities	0	1,016,565
Income taxes payable	46,236	0
Total current liabilities	18,484,905	13,706,896
Line of credit (net of deferred finance fees of $305,482 and $351,128 for 2020 and 2019, respectively)	9,950,001	19,993,829
Long-term debt, less current portion	27,425,000	7,125,000
Contingent consideration, less current portion	1,087,253	2,174,378
Lease liability, less current portion	5,419,227	4,128,951
Other long-term liabilities	2,866,610	0
Total liabilities	65,232,996	47,129,054
Commitments and contingencies
Preferred stock, $0.01 par value per share, 500,000 shares authorized, -0- shares issued and outstanding	0	0
Common stock, $0.01 par value per share; 19,500,000 shares authorized, 10,306,986 and 10,309,236 shares issued and outstanding for 2020 and 2019, respectively, net of treasury stock, at cost, 1,004 shares for 2020 and 2019	75,752	75,775
Additional paid in capital	59,993,800	59,617,787
Retained earnings	1,824,905	8,763,428
Accumulated other comprehensive loss	(171,723)	0
Total stockholders’ equity	61,722,734	68,456,990
Total liabilities and stockholders’ equity	$ 126,955,730	$ 115,586,044

UNAUDITED CONSOLIDATED BALANC_2

UNAUDITED CONSOLIDATED BALANCE SHEETS - Parenthetical - USD ($)	Jun. 28, 2020	Dec. 29, 2019
Statement of Financial Position [Abstract]
Allowance for credit losses receivable, current	$ 467,200	$ 468,233
Preferred stock, par value (in USD per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	500,000	500,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in USD per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	19,500,000	19,500,000
Common stock, shares issued (in shares)	10,306,986	10,309,236
Common stock, shares outstanding (in shares)	10,306,986	10,309,236
Treasury stock, shares outstanding (in shares)	1,004	1,004
Deferred finance costs, line of credit arrangements, net	$ 305,482	$ 351,128

UNAUDITED CONSOLIDATED STATEMEN

UNAUDITED CONSOLIDATED STATEMENTS OF INCOME - USD ($)	3 Months Ended		6 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 28, 2020	Jun. 30, 2019
Income Statement [Abstract]
Revenues	$ 62,606,334	$ 73,857,890	$ 136,673,763	$ 142,633,957
Cost of services	45,701,191	52,995,056	99,492,889	103,332,482
Gross profit	16,905,143	20,862,834	37,180,874	39,301,475
Selling, general and administrative expenses	14,306,441	14,237,839	30,510,064	27,858,262
Impairment losses	7,239,514	0	7,239,514	0
Depreciation and amortization	1,443,951	1,204,237	2,858,665	2,435,746
Operating (loss) income	(6,084,763)	5,420,758	(3,427,369)	9,007,467
Interest expense, net	429,660	496,109	885,685	849,346
(Loss) Income before income taxes	(6,514,423)	4,924,649	(4,313,054)	8,158,121
Income tax (benefit) expense	(1,685,160)	1,122,820	(982,651)	1,860,267
Net (loss) income	(4,829,263)	3,801,829	(3,330,403)	6,297,854
Change in unrealized losses on cash flow hedges	171,723	0	171,723	0
Other comprehensive loss	171,723	0	171,723	0
Net comprehensive (loss) income	$ (5,000,986)	$ 3,801,829	$ (3,502,126)	$ 6,297,854
Net (loss) income per share:
Basic (in dollars per share)	$ (0.47)	$ 0.37	$ (0.32)	$ 0.62
Diluted (in dollars per share)	$ (0.47)	$ 0.37	$ (0.32)	$ 0.61
Weighted-average shares outstanding:
Basic (shares)	10,306,986	10,232,588	10,307,715	10,231,025
Diluted (shares)	10,306,986	10,362,038	10,307,715	10,380,195
Cash dividends declared per common share	$ 0.05	$ 0.30	$ 0.35	$ 0.60

UNAUDITED CONSOLIDATED STATEM_2

UNAUDITED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - USD ($)	Total	Preferred Stock	Common Stock	Treasury Stock Amount	Additional Paid in Capital	Retained Earnings	Accumulated Other Comprehensive Loss
Stockholders’ equity, beginning balance at Dec. 30, 2018	$ 65,702,013	$ 0	$ 102,273	$ (24,027)	$ 57,624,379	$ 7,999,388	$ 0
Stockholders’ equity, beginning balance (in shares) at Dec. 30, 2018			10,227,247
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Share-based compensation	320,084				320,084
Cancellation of restricted shares (in shares)			(2,250)
Cancellation of restricted shares	0		$ (23)		23
Exercise of common stock options and warrants (in shares)			4,916
Exercise of common stock options and warrants	0		$ 49		(49)
Change in accounting principal - operating leases | Accounting Standards Update 2016-02	(200,607)					(200,607)
Cash dividend declared	(3,068,847)					(3,068,847)
Net income (loss)	2,496,024					2,496,024
Stockholders’ equity, ending balance at Mar. 31, 2019	65,248,667	0	$ 102,299	(24,027)	57,944,437	7,225,958	0
Stockholders’ equity, ending balance (in shares) at Mar. 31, 2019			10,229,913
Stockholders’ equity, beginning balance at Dec. 30, 2018	65,702,013	0	$ 102,273	(24,027)	57,624,379	7,999,388	0
Stockholders’ equity, beginning balance (in shares) at Dec. 30, 2018			10,227,247
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	6,297,854
Stockholders’ equity, ending balance at Jun. 30, 2019	66,168,151	0	$ 102,347	(24,027)	58,131,018	7,958,813	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Other comprehensive loss	0
Stockholders’ equity, ending balance (in shares) at Jun. 30, 2019			10,234,718
Stockholders’ equity, beginning balance at Mar. 31, 2019	65,248,667	0	$ 102,299	(24,027)	57,944,437	7,225,958	0
Stockholders’ equity, beginning balance (in shares) at Mar. 31, 2019			10,229,913
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Share-based compensation	186,629				186,629
Cancellation of restricted shares (in shares)			4,805
Cancellation of restricted shares	0		$ 48		(48)
Cash dividend declared	(3,068,974)					(3,068,974)
Net income (loss)	3,801,829					3,801,829
Stockholders’ equity, ending balance at Jun. 30, 2019	66,168,151	0	$ 102,347	(24,027)	58,131,018	7,958,813	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Other comprehensive loss	0
Stockholders’ equity, ending balance (in shares) at Jun. 30, 2019			10,234,718
Stockholders’ equity, beginning balance at Dec. 29, 2019	68,456,990	0	$ 103,093	(27,318)	59,617,787	8,763,428	0
Stockholders’ equity, beginning balance (in shares) at Dec. 29, 2019			10,309,236
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Share-based compensation	192,913				192,913
Cancellation of restricted shares (in shares)			(2,250)
Cancellation of restricted shares	0		$ (23)		23
Cash dividend declared	(3,092,771)					(3,092,771)
Net income (loss)	1,498,860					1,498,860
Stockholders’ equity, ending balance at Mar. 29, 2020	67,055,992	0	$ 103,070	(27,318)	59,810,723	7,169,517	0
Stockholders’ equity, ending balance (in shares) at Mar. 29, 2020			10,306,986
Stockholders’ equity, beginning balance at Dec. 29, 2019	68,456,990	0	$ 103,093	(27,318)	59,617,787	8,763,428	0
Stockholders’ equity, beginning balance (in shares) at Dec. 29, 2019			10,309,236
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(3,330,403)
Stockholders’ equity, ending balance at Jun. 28, 2020	61,722,734	0	$ 103,070	(27,318)	59,993,800	1,824,905	(171,723)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Other comprehensive loss	(171,723)
Stockholders’ equity, ending balance (in shares) at Jun. 28, 2020			10,306,986
Stockholders’ equity, beginning balance at Mar. 29, 2020	67,055,992	0	$ 103,070	(27,318)	59,810,723	7,169,517	0
Stockholders’ equity, beginning balance (in shares) at Mar. 29, 2020			10,306,986
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Share-based compensation	193,077				193,077
Cancellation of restricted shares (in shares)			0
Cancellation of restricted shares	(10,000)		$ 0		(10,000)
Cash dividend declared	(515,349)					(515,349)
Net income (loss)	(4,829,263)					(4,829,263)
Stockholders’ equity, ending balance at Jun. 28, 2020	61,722,734	$ 0	$ 103,070	$ (27,318)	$ 59,993,800	$ 1,824,905	$ (171,723)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Other comprehensive loss	$ (171,723)
Stockholders’ equity, ending balance (in shares) at Jun. 28, 2020			10,306,986

UNAUDITED CONSOLIDATED STATEM_3

UNAUDITED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - Parenthetical	Jun. 30, 2019shares
Statement of Stockholders' Equity [Abstract]
Treasury stock (in shares)	828

UNAUDITED CONSOLIDATED STATEM_4

UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	6 Months Ended
	Jun. 28, 2020	Jun. 30, 2019
Cash flows from operating activities
Net (loss) income	$ (3,330,403)	$ 6,297,854
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation	446,478	403,846
Amortization	2,412,187	2,031,900
Impairment losses	7,239,514	0
Loss on disposal of property and equipment	0	4,895
Amortization of deferred financing fees	37,406	124,949
Interest expense on contingent consideration payable	96,795	98,216
Provision for credit losses	99,909	(28,602)
Share-based compensation	385,990	506,713
Deferred income taxes	(1,352,702)	462,898
Net changes in operating assets and liabilities, net of effects of acquisitions:
Accounts receivable	8,293,021	(776,299)
Prepaid expenses	(567,990)	(730,212)
Other current assets	(6,571)	2,022
Deposits and other assets	(189,705)	(492,294)
Accrued interest	206,391	(143,568)
Accounts payable	(371,931)	67,043
Accrued payroll and expenses	15,032	1,327,219
Other current liabilities	(1,016,565)	0
Income taxes receivable and payable	60,101	52,579
Operating leases	(50,068)	0
Other long-term liabilities	2,694,887	(46,844)
Net cash provided by operating activities	15,101,776	9,162,315
Cash flows from investing activities
Business acquired, net of cash received	(21,680,455)	0
Capital expenditures	(1,896,967)	(673,752)
Net cash used in investing activities	(23,577,422)	(673,752)
Cash flows from financing activities
Net (payments) borrowings under line of credit	(10,081,234)	7,770,258
Proceeds from issuance of long-term debt	22,500,000	0
Principal payments on long-term debt	(325,000)	(10,121,000)
Payments of dividends	(3,608,120)	(6,137,821)
Share issuance cost	(10,000)	0
Net cash provided by (used in) financing activities	8,475,646	(8,488,563)
Net change in cash and cash equivalents	0	0
Cash and cash equivalents, beginning of period	0	0
Cash and cash equivalents, end of period	0	0
Supplemental cash flow information:
Cash paid for interest	515,211	767,080
Cash paid for taxes, net of refunds	$ 279,469	$ 1,309,192

NATURE OF OPERATIONS

NATURE OF OPERATIONS	6 Months Ended
	Jun. 28, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations	NATURE OF OPERATIONS BG Staffing, Inc. is a national provider of workforce solutions that operates, along with its wholly owned subsidiaries BG Staffing, LLC, B G Staff Services Inc., BG Personnel, LP, BG Finance and Accounting, Inc., BG California IT Staffing, Inc., BG California Multifamily Staffing, Inc., BG California Finance & Accounting Staffing, Inc., EdgeRock Technology Holdings, Inc. and EdgeRock Technologies, LLC (collectively, the “Company”), primarily within the United States of America in three industry segments: Real Estate, Professional, and Light Industrial. The Real Estate segment provides office and maintenance field talent to various apartment communities and commercial buildings in 29 states, via property management companies responsible for the apartment communities' and commercial buildings' day-to-day operations. Our Real Estate segment operates through two divisions, BG Multifamily and BG Talent. The Professional segment provides skilled field talent on a nationwide basis for information technology (“IT”) and finance, accounting, legal and human resource client partner projects. Our Professional segment operates through various divisions including Extrinsic, American Partners, Donovan & Watkins, Vision Technology Services, Zycron, Smart Resources, L.J. Kushner & Associates, and EdgeRock Technology Partners. The Light Industrial segment provides field talent primarily to manufacturing, distribution, logistics, and call center client partners needing a flexible workforce in 7 states. Our Light Industrial segment operates through our InStaff division. Our business experiences seasonal fluctuations. Our quarterly operating results are affected by the number of billing days in a quarter, as well as the seasonality of our client partners’ business. Demand for our Real Estate staffing services typically increase in the second and is highest during the third quarter of the year due to the increased turns in multifamily units during the summer months when schools are not in session. Demand for our Light Industrial staffing services typically increases during the third quarter of the year and peaks in the fourth quarter due to increases in the demand for holiday help. Overall demand can be affected by adverse weather conditions in the winter months as well as fluctuations in client partner demand. In addition, our cost of services typically increases in the first quarter primarily due to the reset of payroll taxes. The Company has adjusted, and continues to monitor and change, its operations in response to a novel strain of coronavirus (“COVID-19”) in all of its segment, client partner, and Home Office locations. The extent of the impact from the outbreak on its operational and financial performance will depend on certain developments, including the duration and spread of the outbreak, its impact on the Company's client partners and the range of governmental and community reactions to the pandemic, which are uncertain and cannot be fully predicted at this time. The accompanying unaudited consolidated financial statements have been prepared by the Company in accordance with generally accepted accounting principles in the United States (“GAAP”), pursuant to the applicable rules and regulations of the SEC. The information furnished herein reflects all adjustments (consisting only of normal recurring adjustments) that are, in the opinion of management, necessary to present a fair statement of the financial position and operating results of the Company as of and for the respective periods. However, these operating results are not necessarily indicative of the results expected for a full fiscal year or any other future period. Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with GAAP have been omitted pursuant to such rules and regulations. However, management of the Company believes, to the best of its knowledge, that the disclosures herein are adequate to make the information presented not misleading. The Company has determined that there were no subsequent events that would require disclosure or adjustments to the accompanying consolidated financial statements through the date the financial statements were issued. The accompanying unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements of the Company for the fiscal year ended December 29, 2019, included in its Annual Report on Form 10-K.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 28, 2020
Accounting Policies [Abstract]
Summary Of Significant Accounting Policies	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The consolidated financial statements include the accounts of the Company. All significant intercompany transactions and balances have been eliminated in consolidation. Fiscal Periods The Company has a 52/53 week fiscal year. Fiscal periods for the consolidated financial statements included herein are as of June 28, 2020 and December 29, 2019, and include the thirteen and twenty-six week periods ended June 28, 2020 and June 30, 2019, referred to herein as Fiscal 2020 and 2019, respectively. Reclassifications Certain reclassifications have been made to the 2019 financial statements to conform with the 2020 presentation. Management Estimates The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates affecting the financial statements include allowances for credit losses, goodwill, intangible assets, income taxes, leave liability, and contingent consideration obligations related to acquisitions. Additionally, the valuation of share-based compensation option expense uses a model based upon interest rates, stock prices, maturity estimates, volatility and other factors. The Company believes these estimates and assumptions are reliable. However, these estimates and assumptions may change in the future based on actual experience as well as market conditions. The COVID-19 pandemic is already having a significant impact on our economy as a result of stay-at-home orders and business closures designed to stop the spread of the virus. In light of the currently unknown ultimate duration and severity of COVID-19, we face a greater degree of uncertainty than normal in making the judgments and estimates needed to apply the Company’s significant accounting policies. As COVID-19 continues to develop, management may make changes to these estimates and judgments over time, which could result in meaningful impacts to the Company’s financial statements in future periods. Actual results and outcomes may differ from management’s estimates and assumptions. Financial Instruments The Company uses fair value measurements in areas that include, but are not limited to, interest rate swap agreements used to mitigate interest rate risk, and the allocation of purchase price consideration to tangible and identifiable intangible assets and contingent consideration. The carrying values of cash and cash equivalents, accounts receivables, prepaid expenses, accounts payable, accrued liabilities, and other current assets and liabilities approximate their fair values because of the short-term nature of these instruments. The carrying value of bank debt approximates fair value due to the variable nature of the interest rates under the credit agreement with BMO Harris Bank, N.A. (“BMO”) that provided for a revolving credit facility and term loan and current rates available to the Company for debt with similar terms and risk. Cash and Cash Equivalents Cash and cash equivalents include all highly liquid investments with an original maturity of three months or less. Concentration of Credit Risk Concentration of credit risk is limited due to the Company's diverse client partner base and their dispersion across many different industries and geographic locations nationwide. No single client partner accounted for more than 10% of the Company’s accounts receivable as of June 28, 2020 and December 29, 2019 or revenue for the twenty-six week periods ended June 28, 2020 (“Fiscal 2020”) and June 30, 2019 (“Fiscal 2019”). Geographic revenue in excess of 10% of the Company's consolidated revenue in Fiscal 2020 and the related percentage for Fiscal 2019 was generated in the following areas: Twenty-six Weeks Ended June 28, June 30, Maryland 12 % 11 % Massachusetts 13 % 1 % Tennessee 15 % 16 % Texas 23 % 30 % Consequently, weakness in economic conditions in these regions could have a material adverse effect on the Company’s financial position and results of future operations. Accounts Receivable The Company extends credit to its client partners in the normal course of business. Accounts receivable represents unpaid balances due from client partners. The Company maintains an allowance for credit losses for expected losses resulting from client partners’ non-payment of balances due to the Company. The Company’s determination of the allowance for uncollectible amounts is based on management’s judgments and assumptions, including general economic conditions, portfolio composition, prior loss experience, evaluation of credit risk related to certain individual client partners and the Company’s ongoing examination process. Receivables are written off after they are deemed to be uncollectible after all reasonable means of collection have been exhausted. Recoveries of receivables previously written off are recorded when received. The Company will continue to actively monitor the impact of COVID-19 on expected credit losses. Changes in the allowance for credit losses are as follows: Thirteen Weeks Ended Twenty-six Weeks Ended June 28, June 30, June 28, 2020 June 30, 2019 Beginning balance $ 468,233 $ 468,233 $ 468,233 $ 468,233 EdgeRock Technology Holdings, Inc. (“EdgeRock”) acquisition — — 47,498 — Provision for (recovery of) credit losses, net 68,251 24,855 99,909 (28,602) Amounts (written off) collected, net (69,284) (24,855) (148,440) 28,602 Ending balance $ 467,200 $ 468,233 $ 467,200 $ 468,233 Property and Equipment Property and equipment are stated net of accumulated depreciation and amortization of $3.9 million and $2.8 million at June 28, 2020 and December 29, 2019, respectively. Deposits The Company maintains guaranteed costs policies for workers' compensation coverage in Texas, Washington, and Ohio and minimal loss retention coverage for team members and field talent in the Light Industrial segment and its other non-Texas workforce. Under these policies, the Company is required to maintain refundable deposits of $3.7 million and $3.6 million, which are included in Deposits in the accompanying consolidated balance sheets as of June 28, 2020 and December 29, 2019, respectively. Long-Lived Assets The Company capitalizes direct costs incurred in the development of internal-use software. Cloud computing implementation costs incurred in hosting arrangements are capitalized and reported as a component of other assets. All other internal-use software development costs are capitalized and reported as a component of computer software within intangible assets. The Company reviews its long-lived assets, primarily fixed assets, for impairment whenever events or changes in circumstances indicate that the carrying amount of the asset may not be recovered. The Company looks primarily to the undiscounted future cash flows in its assessment of whether or not long-lived assets have been impaired. There were no impairments during Fiscal 2020 or Fiscal 2019. Leases The Company leases all their office space through operating leases, which expire at various dates through 2025. Many of the lease agreements obligate the Company to pay real estate taxes, insurance and certain maintenance costs, which are accounted for separately. Certain of the Company’s lease arrangements contain renewal provisions from 1 to 10 years, exercisable at the Company's option. The Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants. The Company determines if an arrangement is an operating lease at inception. Leases with an initial term of 12 months or less are not recorded on the balance sheet. All other leases are recorded on the balance sheet as right-of-use assets and lease liabilities for the lease term. Right of use lease assets and lease liabilities are recognized at commencement date based on the present value of lease payments over the lease term and include options to extend or terminate the lease when they are reasonably certain to be exercised. The present value of lease payments is determined primarily using the incremental borrowing rate based on the information available at lease commencement date. The Company’s operating lease expense is recognized on a straight-line basis over the lease term and is recorded in selling, general and administrative expenses. Intangible Assets The Company holds intangible assets with indefinite and finite lives. Intangible assets with indefinite useful lives are not amortized. Intangible assets with finite useful lives are amortized over their respective estimated useful lives, ranging from three to ten years, based on a pattern in which the economic benefit of the respective intangible asset is realized. Identifiable intangible assets recognized in conjunction with acquisitions are recorded at fair value. Significant unobservable inputs are used to determine the fair value of the identifiable intangible assets based on the income approach valuation model whereby the present worth and anticipated future benefits of the identifiable intangible assets are discounted back to their net present value. The Company capitalizes purchased software and internal payroll costs directly incurred in the modification of software for internal use. Software maintenance and training costs are expensed in the period incurred. The Company evaluates the recoverability of intangible assets whenever events or changes in circumstances indicate that an intangible asset’s carrying amount may not be recoverable. The Company annually evaluates the remaining useful lives of all intangible assets to determine whether events and circumstances warrant a revision to the remaining period of amortization. The Company considered the current and expected future economic and market conditions surrounding COVID-19 and its impact on each of the reporting units. Further, the Company assessed the current market capitalization, forecasts and the amount in the 2020 impairment test. As a result of the certain business developments and changes in the Company's long-term projections, the Company concluded a triggering event had occurred that required an interim impairment assessment to be performed. The qualitative assessment thresholds were met on all reporting units except the finance and accounting group. The Company calculated the quantitative impairment test of the finance and accounting group using the relief from royalty method for the indefinite-lived intangible assets and residual method for the definite-lived intangible assets by asset group. In the professional segment, the Company recognized a $3.7 million trade name impairment loss and a $3.5 million client partner list impairment loss during the thirteen week periods ended June 28, 2020. Goodwill Goodwill is not amortized, but instead is evaluated at the reporting unit level for impairment annually at the end of each fiscal year, or more frequently, if conditions indicate an earlier review is necessary. If the Company has determined that it is more likely than not that the fair value for one or more reporting units is greater than their carrying value, the Company may use a qualitative assessment for the annual impairment test. The Company considered the current and expected future economic and market conditions surrounding COVID-19 and its impact on each of the reporting units. As a result of the certain business developments and changes in the Company's long-term projections, the Company concluded a triggering event had occurred that required an interim impairment assessment to be performed. The qualitative assessment thresholds were met on all reporting units except the finance and accounting group. The Company calculated the quantitative impairment test of the finance and accounting group using the discounted cash flow method and concluded there was no goodwill impairment loss during the thirteen week periods ended June 28, 2020. Due to the impairment of the noted above, the carrying value of the finance and accounting reporting unit is negative and $2.4 million of goodwill is allocated to the finance and accounting reporting unit. Deferred Financing Fees Deferred financing fees are amortized using the effective interest method over the term of the respective loans. Debt issuance costs related to a recognized debt liability are presented in the balance sheet as a direct deduction from the carrying amount of the related debt liability. Contingent Consideration The Company had obligations, to be paid in cash, related to its acquisitions if certain operating and financial goals were met. The fair value of this contingent consideration is determined using expected cash flows and present value technique. The fair value calculation of the expected future payments uses a discount rate commensurate with the risks of the expected cash flow. The resulting discount is amortized as interest expense over the outstanding period using the effective interest method. Revenue Recognition The Company derives its revenues from three segments: Real Estate, Professional, and Light Industrial. The Company provides workforce solutions and placement services. Revenues are recognized when promised services are delivered to client partners, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those services. Revenues as presented on the consolidated statements of operations represent services rendered to client partners less sales adjustments and allowances. Reimbursements, including those related to out-of-pocket expenses, are also included in revenues, and the related amounts of reimbursable expenses are included in cost of services. The Company records revenue on a gross basis as a principal versus on a net basis as an agent in the presentation of revenues and expenses. The Company has concluded that gross reporting is appropriate because the Company (i) has the risk of identifying and hiring qualified field talent, (ii) has the discretion to select the field talent and establish their price and duties and (iii) bears the risk for services that are not fully paid for by client partners. Temporary staffing revenues - Field talent revenues from contracts with client partners are recognized in the amount to which the Company has a right to invoice, when the services are rendered by the Company’s field talent. Contingent placement staffing revenues - Any revenues associated with services that are provided on a contingent basis are recognized once the contingency is resolved, as this is when control is transferred to the client partner, usually when employment candidates start their employment. Retained search placement staffing revenues - any revenues from these services are recognized based on the contractual amount for services completed to date which best depicts the transfer of control of services, which is less than 1% of consolidated revenues. The Company estimates the effect of placement candidates who do not remain with its client partners through the guarantee period (generally 90 days) based on historical experience. Allowances, recorded as a liability, are established to estimate these losses. Fees to client partners are generally calculated as a percentage of the new worker’s annual compensation. No fees for placement services are charged to employment candidates. These assumptions determine the timing of revenue recognition for the reported period. Refer to Note 13 for disaggregated revenues by segment. Payment terms in the Company's contracts vary by the type and location of its client partner and the services offered. The term between invoicing and when payment is due is not significant. There were no unsatisfied performance obligations as of June 28, 2020. There were no revenues recognized during the twenty-six week period ended June 28, 2020 related to performance obligations satisfied or partially satisfied in previous periods. There are no contract costs capitalized. The Company did not recognize any contract impairments during the twenty-six week period ended June 28, 2020. Share-Based Compensation The Company recognizes compensation expense in selling, general and administrative expenses over the service period for options or restricted stock that are expected to vest and records adjustments to compensation expense at the end of the service period if actual forfeitures differ from original estimates. Earnings Per Share Basic earnings per common share are computed by dividing net income by the weighted average number of common shares outstanding during the period. Diluted earnings per share is calculated by dividing income available to common stockholders by the weighted average number of common shares outstanding during the period adjusted to reflect potentially dilutive securities. Antidilutive shares are excluded from the calculation of earnings per share. The following is a reconciliation of the number of shares used in the calculation of basic and diluted earnings per share for the respective periods: Thirteen Weeks Ended Twenty-six Weeks Ended June 28, June 30, June 28, June 30, Weighted-average number of common shares outstanding: 10,306,986 10,232,588 10,307,715 10,231,025 Effect of dilutive securities: Stock options and restricted stock — 89,833 — 105,156 Warrants — 39,617 — 44,014 Weighted-average number of diluted common shares outstanding 10,306,986 10,362,038 10,307,715 10,380,195 Stock options and restricted stock 521,247 239,750 423,150 239,750 Warrants 25,862 — 25,862 — Antidilutive shares 547,109 239,750 449,012 239,750 Income Taxes The effective tax rates of 25.9% and 22.8% for the thirteen and twenty-six week periods ended June 28, 2020, respectively, and 22.8% for thirteen and twenty-six week periods ended June 30, 2019 were primarily due to state taxes offset by the Work Opportunity Tax Credit in Fiscal 2019 and Fiscal 2020 and the non-deductibility of transaction costs related to the EdgeRock acquisition in Fiscal 2020. Deferred tax assets and liabilities are recorded for the estimated future tax effects of temporary differences between the tax basis of assets and liabilities and amounts are classified as noncurrent in the consolidated balance sheets. Deferred tax assets are also recognized for net operating loss and tax credit carryovers. The overall change in deferred tax assets and liabilities for the period measures the deferred tax expense or benefit for the period. Effects of changes in enacted tax laws on deferred tax assets and liabilities are reflected as adjustments to tax expense in the period of enactment. As of June 28, 2020, the Company has a $6.9 million net operating loss carry forward from the 2020 EdgeRock acquisition with no expiration date. When appropriate, the Company will record a valuation allowance against net deferred tax assets to offset future tax benefits that may not be realized. In determining whether a valuation allowance is appropriate, the Company considers whether it is more likely than not that all or some portion of our deferred tax assets will not be realized, based in part upon management’s judgments regarding future events and past operating results. The Company recognizes any penalties when necessary as part of selling, general and administrative expenses. As of June 28, 2020, goodwill of $25.2 million is deductible for tax purposes. The Company follows the guidance of Accounting Standards Codification (“ASC”) Topic 740, Accounting for Uncertainty in Income Taxes. ASC Topic 740 prescribes a more-likely-than-not measurement methodology to reflect the financial statement impact of uncertain tax positions taken or expected to be taken in a tax return. Recent Accounting Pronouncements In January 2017, the FASB issued ASU No. 2017-04 Intangibles-Goodwill and Other Simplifying the Test for Goodwill Impairment, which provides guidance to simplify the subsequent measurement of goodwill by eliminating the Step 2 procedure from the goodwill impairment test. The new guidance is effective for the Company beginning with the fourth quarter of 2020. The Company adopted this ASU in the second quarter of fiscal 2020 which did not have a material impact on the consolidated financial statements. In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform: Facilitation of the Effects of Reference Rate Reform on Financial Reporting, which provides optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) contract modifications on financial reporting, caused by reference rate reform. The new guidance is effective for all entities as of March 12, 2020 through December 31, 2022. The Company is still evaluating the impact, but does not expect the adoption of the standard to have a material impact on the Company's financial condition or results of operations.

ACQUISITIONS

ACQUISITIONS	6 Months Ended
	Jun. 28, 2020
Business Combinations [Abstract]
ACQUISITIONS	NOTE 3 - ACQUISITIONS L.J. Kushner & Associates, L.L.C. On December 13, 2019, the Company acquired substantially all of the assets and assumed certain liabilities of L.J. Kushner & Associates, L.L.C. (“LJK”) for cash consideration of $8.5 million and issued $1.0 million (47,403 shares privately placed) of the Company's common stock at closing. $1.0 million was held back as partial security for certain post-closing liabilities, which was paid on June 11, 2020. The purchase agreement further provides for contingent consideration of up to $2.5 million based on the performance of the acquired business for the two years following the date of acquisition. The net assets acquired were assigned to the Professional segment. The acquisition of LJK allows the Company to strengthen and expand its IT operations through cybersecurity retained search services specializing in recruiting high and mid-level security professionals. EdgeRock Technology Holding, Inc. On February 3, 2020, the Company acquired 100% of the equity of EdgeRock for a purchase price cash consideration of $21.7 million, subject to customary purchase price adjustments as specified in the purchase agreement. The purchase price at closing was paid out of available funds under the Company’s credit agreement led by BMO. The acquired business was assigned to the Professional segment. The acquisition of EdgeRock allows the Company to strengthen its operations in specialized IT consultants and technology professionals specialized in leading software and data ecosystems, as well as expand its IT geographic operations with offices in Arizona, Florida and Massachusetts. The 2019 consolidated statement of income does not include any operating results of EdgeRock. Thirteen weeks of EdgeRock operations are included in the thirteen week period ended June 28, 2020, which is approximately $9.8 million of revenue and $0.3 million of operating income. Twenty-one weeks of EdgeRock operations are included in the twenty-six week period ended June 28, 2020, which is approximately $16.3 million of revenue and $0.6 million of operating income. The preliminary acquisition has been allocated to the assets acquired and liabilities assumed as of the date of acquisition as follows: Accounts receivable $ 6,731,260 Prepaid expenses and other assets 520,587 Property and equipment, net 296,309 Right-of-use asset - operating leases 1,714,984 Intangible assets 11,274,000 Goodwill (non-deductible for tax purposes) 6,178,351 Current liabilities assumed (2,409,551) Deferred income taxes, net (910,501) Lease liability - operating leases (1,714,984) Total net assets acquired $ 21,680,455 Cash $ 21,680,455 Total fair value of consideration transferred for acquired business $ 21,680,455 The preliminary allocation of the intangible assets is as follows: Estimated Fair Estimated Covenants not to compete $ 302,000 5 years Trade name 7,000,000 Indefinite Client partner list 3,972,000 5 years Total $ 11,274,000 For the twenty-six week period ended June 28, 2020, the Company's incurred costs of $0.6 million related to the LJK and EdgeRock acquisitions. These costs were expensed as incurred in selling, general and administrative expenses. Supplemental Unaudited Pro Forma Information The Company estimates the revenues and net income for the periods below that would have been reported if the LJK and EdgeRock acquisitions had taken place on the first day of the Company's 2019 fiscal year would be as follows (dollars in thousands, except per share amounts): Thirteen Weeks Ended Twenty-six Weeks Ended June 28, June 30, June 28, June 30, Revenues $ 62,606 $ 84,653 $ 139,782 $ 164,543 Gross profit $ 16,905 $ 24,733 $ 38,089 $ 47,323 Net (loss) income $ (4,829) $ 4,297 $ (3,544) $ 7,334 (Loss) Income per share: Basic $ (0.47) $ 0.42 $ (0.34) $ 0.72 Diluted $ (0.47) $ 0.41 $ (0.34) $ 0.71 Pro forma net income includes amortization of identifiable intangible assets, interest expense on additional borrowings on the Revolving Facility (as defined below) at a rate of 3.7% and tax (benefit) expense of the pro forma adjustments at effective tax rates of 25.9% and 22.8% for thirteen and twenty-six week periods ended Fiscal 2020, respectively, and 22.8% for thirteen and twenty-six week periods ended and Fiscal 2019. The pro forma operating results include adjustments to LJK and EdgeRock related to synergy adjustments for expenses that would be duplicative and other non-recurring, non-operating and out of period expense items once integrated with the Company. Amounts set forth above are not necessarily indicative of the results that would have been attained had the LJK and EdgeRock acquisitions taken place on the first day of the Company’s 2019 fiscal year or of the results that may be achieved by the combined enterprise in the future.

LEASES

LEASES	6 Months Ended
	Jun. 28, 2020
Leases [Abstract]
Leases	LEASES At June 28, 2020, the weighted average remaining lease term and weighted average discount rate for operating leases was 3.9 years and 5.0%, respectively. The Company's future operating lease obligations that have not yet commenced are immaterial. For the thirteen week period ended June 28, 2020, the Company's cash paid for operating leases was $601,248, and operating lease and short-term lease costs were $525,679 and $108,359, respectively. For the twenty-six week period ended June 28, 2020, the Company's cash paid for operating leases was $1,106,779, and operating lease and short-term lease costs were $1,016,698 and $234,737, respectively. The undiscounted annual future minimum lease payments consist of the following at: June 28, 2020 $ 2,084,202 2021 2,149,647 2022 1,860,054 2023 1,260,651 2024 612,394 Thereafter 89,124 Total lease payments 8,056,072 Interest (872,844) Present value of lease liabilities $ 7,183,228

INTANGIBLE ASSETS

INTANGIBLE ASSETS	6 Months Ended
	Jun. 28, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	INTANGIBLE ASSETS Intangible assets are stated net of accumulated amortization of $46.8 million and $44.3 million at June 28, 2020 and December 29, 2019, respectively. During the twenty-six week periods ended June 28, 2020, the Company added software assets of $71,516 and reclassified $976,954 from property and equipment related to the information technology improvement project. Amortization expense for the fiscal years are comprised of following: Thirteen Weeks Ended Twenty-six Weeks Ended June 28, June 30, June 28, June 30, Client partner lists $ 1,040,405 $ 881,525 $ 2,091,021 $ 1,789,624 Covenant not to compete 66,395 42,250 136,084 84,500 Acquisition intangibles 1,106,800 923,775 2,227,105 1,874,124 Computer software - amortization expense 117,945 79,042 185,082 157,776 Amortization expense 1,224,745 1,002,817 2,412,187 2,031,900 Computer software - selling, general and administrative expense 18,822 19,087 37,644 24,893 Total expense $ 1,243,567 $ 1,021,904 $ 2,449,831 $ 2,056,793 As a result of the certain business developments and changes in the Company's long-term projections, the Company concluded a triggering event had occurred that required an interim impairment assessment to be performed. The qualitative assessment thresholds were met on all reporting units except the finance and accounting group. The Company calculated the quantitative impairment test of the finance and accounting group using the relief from royalty method for the indefinite-lived intangible assets and residual method for the definite-lived intangible assets by asset group. In the professional segment, the Company recognized an $3.7 million trade name impairment loss and an $3.5 million client partner list impairment loss during the thirteen week periods ended June 28, 2020.

ACCRUED PAYROLL AND EXPENSES, O

ACCRUED PAYROLL AND EXPENSES, OTHER LONG-TERM LIABILITIES, AND CONTINGENT CONSIDERATION	6 Months Ended
	Jun. 28, 2020
Accrued Liabilities, Current [Abstract]
Accrued Payroll and Expense, Other Long-Term Liabilities, And Contingent Consideration	ACCRUED PAYROLL AND EXPENSES, OTHER LONG-TERM LIABILITIES, AND CONTINGENT CONSIDERATION Accrued payroll and expenses consist of the following at: June 28, December 29, Field talent payroll $ 6,511,524 $ 4,505,264 Field talent payroll related 1,212,218 1,651,436 Accrued bonuses and commissions 1,716,462 1,585,681 Other 3,394,038 2,742,658 Accrued payroll and expenses $ 12,834,242 $ 10,485,039 Other long-term liabilities includes $2.7 million of deferred employer FICA and $0.2 million of interest rate swap (see Note 7) at June 28, 2020. The deferred employer FICA is under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which allows relief to employers affected by the coronavirus pandemic. The CARES Act only applies to taxes incurred from March 27, 2020 through December 31, 2020. Half of the delayed payments are due by December 31, 2021, and the other half by December 31, 2022. The Company has elected to delay the payment of these taxes. The following is a schedule of future estimated contingent consideration payments to various parties as of June 28, 2020: Estimated Cash Payment Discount Net Due in: Less than one year $ 1,250,000 $ (66,080) $ 1,183,920 One to two years 1,250,000 (162,747) 1,087,253 Contingent consideration $ 2,500,000 $ (228,827) $ 2,271,173

DEBT

DEBT	6 Months Ended
	Jun. 28, 2020
Debt Disclosure [Abstract]
Debt	DEBT On July 16, 2019, the Company entered into a Credit Agreement (the “Credit Agreement”), maturing July 16, 2024, with BMO, as lead administrative agent, lender, letters of credit issuer, and swing line lender. The Credit Agreement provides for a revolving credit facility (the “Revolving Facility”) permitting the Company to borrow funds from time to time in an aggregate amount up to $35 million. The Credit Agreement also provided for a term loan commitment (the “Term Loan”) permitting the Company to borrow funds from time to time in an aggregate amount not to exceed $30 million with principal payable quarterly, based on an annual percentage of the original principal amount as defined in the Credit Agreement, all of which has been funded. The Company may from time to time, with a maximum of two, request an increase in the aggregate Term Loan by $40 million, with minimum increases of $10 million. The Company’s obligations under the Credit Agreement are secured by a first priority security interest in substantially all tangible and intangible property of the Company and its subsidiaries. The Credit Agreement bears interest either at the Base Rate plus the Applicable Margin or London Interbank Offered Rate ("LIBOR") plus the Applicable Margin (as such terms are defined in the Credit Agreement). The Company also pays an unused commitment fee on the daily average unused amount of Revolving Facility and Term Loan. The Credit Agreement contains customary affirmative and negative covenants. The Company is subject to a maximum Leverage Ratio and a minimum Fixed Charge Coverage Ratio as defined in the Credit Agreement. The Company was in compliance with these covenants as of June 28, 2020. On February 3, 2020, the Company borrowed $18.5 million on the Term Loan in conjunction with the closing of the EdgeRock acquisition. On April 6, 2020, the Company borrowed the remaining $4.0 million on the Term Loan and the proceeds were used to pay down the Revolving Facility. Letter of Credit In March 2020, in conjunction with the 2020 EdgeRock acquisition, the Company entered into a standby letter of credit arrangement, which expires December 31, 2024, for purposes of protecting a lessor against default on lease payments. As of June 28, 2020, the Company had a maximum financial exposure from this standby letter of credit totaling $0.1 million, all of which is considered usage against the Revolving Facility. The Company has no history of default, nor is it aware of circumstances that would require it to perform under any of these arrangements and believes that the resolution of any disputes that might arise in the future would not materially affect the Company's consolidated financial statements. Accordingly, no liability has been recorded in respect to these arrangements as of June 28, 2020. Line of Credit At June 28, 2020 and December 29, 2019, $10.3 million and $20.3 million, respectively, was outstanding on the revolving facilities. Average daily balance for the thirteen week periods ended June 28, 2020 and June 30, 2019 was $13.0 million and $14.9 million, respectively. Average daily balance for the twenty-six week periods ended June 28, 2020 and June 30, 2019 was $16.1 million and $12.5 million, respectively. Borrowings under the revolving facilities consisted of and bore interest at: June 28, December 29, Base Rate $ 255,483 4.25 % $ 2,844,957 5.25 % LIBOR 10,000,000 2.17 % 17,500,000 3.26 % Total $ 10,255,483 $ 20,344,957 Long-Term Debt Long-term debt consists of and bore interest at: June 28, December 29, Base Rate $ 4,675,000 4.25 % $ 7,500,000 5.25 % Fixed rate 25,000,000 2.39 % — — % Long-term debt $ 29,675,000 $ 7,500,000 Cash Flow Hedge In April 2020, the Company entered into a pay-fixed/receive-floating interest rate swap agreement with BMO that reduces the floating interest rate component on the Term Loan obligation. The $25.0 million notional amount was effective on June 3, 2020 and designed as a cash flow hedge on the underlying variable rate interest payments against a fixed interest rate that terminates on June 1, 2023. In accordance with cash flow hedge accounting treatment, the Company has determined that the hedge is perfectly effective using the change-in-variable-cash-flow method. The unrealized loss associated with the change in the fair value of the effective portion of the hedging instrument is recorded in accumulated other comprehensive loss. The Company expects to reclassify the interest rate swap from accumulated other comprehensive loss against interest expense in the same period in which the hedge transaction affects earnings. Hedge effectiveness is tested quarterly. As of June 28, 2020, the instrument was perfectly effective and no amounts were reclassed from accumulated other comprehensive loss into income in the thirteen and twenty-six week periods ended June 28, 2020 and June 30, 2019. See Note 8 for location on the balance sheet.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	6 Months Ended
	Jun. 28, 2020
Fair Value Disclosures [Abstract]
Fair Value Measurements	FAIR VALUE MEASUREMENTS The accounting standard for fair value measurements defines fair value, and establishes a market-based framework or hierarchy for measuring fair value. The standard is applicable whenever assets and liabilities are measured at fair value. The fair value hierarchy established prioritizes the inputs used in valuation techniques into three levels as follows: Level 1 - Observable inputs - quoted prices in active markets for identical assets and liabilities; Level 2 - Observable inputs other than the quoted prices in active markets for identical assets and liabilities - includes quoted prices for similar instruments, quoted prices for identical or similar instruments in inactive markets, and amounts derived from valuation models where all significant inputs are observable in active markets, for substantially the full term of the financial instrument; and Level 3 - Unobservable inputs - includes amounts derived from valuation models where one or more significant inputs are unobservable and require us to develop relevant assumptions. The following table summarizes the financial assets and liabilities measured at fair value on a recurring basis and the level they fall within the fair value hierarchy: Amounts Recorded at Fair Value Financial Statement Classification Fair Value June 28, December 29, Interest rate swap Other long-term liabilities Level 2 $ 171,723 $ — Contingent consideration, net Contingent consideration, net - current and long-term Level 3 $ 2,271,173 $ 2,174,378 The changes in the Level 2 fair value measurements from December 29, 2019 to June 28, 2020 relates to entering into an interest rate swap agreement with BMO. Key inputs in determining the fair value of the interest rate swap as of June 28, 2020 and December 29, 2019 are quoted prices from BMO (See Note 7).

CONTINGENCIES

CONTINGENCIES	6 Months Ended
	Jun. 28, 2020
Commitments and Contingencies Disclosure [Abstract]
Contingencies	CONTINGENCIES The Company is engaged from time to time in legal matters and proceedings arising out of its normal course of business. The Company establishes a liability related to its legal proceedings and claims when it has determined that it is probable that the Company has incurred a liability and the related amount can be reasonably estimated. If the Company determines that an obligation is reasonably possible, the Company will, if material, disclose the nature of the loss contingency and the estimated range of possible loss, or include a statement that no estimate of the loss can be made. The Company insures against, subject to and upon the terms and conditions of various insurance policies, claims or losses from workers’ compensation, general liability, automobile liability, property damage, professional liability, employment practices, fiduciary liability, fidelity losses and director and officer liability. Under the Company's bylaws, the Company’s directors and officers are indemnified against certain liabilities arising out of the performance of their duties to the Company. The Company also has an insurance policy for our directors and officers to insure them against liabilities arising from the performance of their positions with the Company or its subsidiaries. The Company has also entered into indemnification agreements with its directors and certain officers.

EQUITY

EQUITY	6 Months Ended
	Jun. 28, 2020
Stockholders' Equity Note [Abstract]
Equity	EQUITY Authorized capital stock consists of 19,500,000 shares of common stock, par value $0.01 per share and 500,000 shares of undesignated preferred stock, par value $0.01 per share.

SHARE-BASED COMPENSATION

SHARE-BASED COMPENSATION	6 Months Ended
	Jun. 28, 2020
Share-based Payment Arrangement [Abstract]
Share-Based Compensation	SHARE-BASED COMPENSATION Stock Options and Restricted Stock For the thirteen week periods ended June 28, 2020 and June 30, 2019, the Company recognized $0.2 million of compensation expense related to stock awards. For the twenty-six week periods ended June 28, 2020 and June 30, 2019, the Company recognized $0.4 million and $0.5 million of compensation expense related to stock awards, respectively. Unamortized share-based compensation expense as of June 28, 2020 amounted to $1.3 million which is expected to be recognized over the next 2.4 years. A summary of stock option and restricted stock activity is presented as follows: Number of Weighted Average Exercise Price Per Share Weighted Average Remaining Contractual Life Total Intrinsic Value of Awards Awards outstanding at December 29, 2019 582,845 $ 18.32 7.5 $ 2,793 Awards outstanding at June 28, 2020 582,845 $ 18.32 7.0 $ 343 Awards exercisable at December 29, 2019 313,645 $ 16.05 6.8 $ 1,991 Awards exercisable at June 28, 2020 340,995 $ 16.47 6.4 $ 158 Number of Weighted Average Grant Date Fair Value Nonvested outstanding at December 29, 2019 269,200 $ 20.96 Nonvested outstanding at June 28, 2020 241,850 $ 20.93 For the twenty-six week period ended June 30, 2019, the Company issued 9,298 shares of common stock upon the cashless exercise of 22,240 stock options. Included in awards outstanding are 18,000 and 27,000 shares of restricted stock (which vest equitably over a four year period), at a grant date price per share of $28.61, issued under the 2013 Plan as of June 28, 2020 and December 29, 2019, respectively. For the thirteen and twenty-six week periods ended June 28, 2020 and June 30, 2019, the Company recognized $0.1 million of compensation expense related to restricted stock. Warrant Activity For the thirteen and twenty-six week periods ended June 28, 2020 and June 30, 2019, the Company did not recognize compensation cost related to warrants. There was no unamortized stock compensation expense to be recognized as of June 28, 2020. A summary of warrant activity is presented as follows: Number of Weighted Average Exercise Price Per Share Weighted Average Remaining Contractual Life Total Intrinsic Value of Options Warrants outstanding at December 29, 2019 64,482 $ 13.84 0.8 $ 473 Forfeited (38,620) $ 11.85 Warrants outstanding at June 28, 2020 25,862 $ 16.80 0.9 $ — Warrants exercisable at December 29, 2019 64,482 $ 13.84 0.8 $ 473 Warrants exercisable at June 28, 2020 25,862 $ 16.80 0.9 $ — There were no nonvested warrants outstanding at June 28, 2020 and December 29, 2019. For the twenty-six week period ended June 30, 2019, the Company issued 423 shares of common stock upon the cashless exercise of 1,020 warrants.

TEAM MEMBER BENEFIT PLAN

TEAM MEMBER BENEFIT PLAN	6 Months Ended
	Jun. 28, 2020
Retirement Benefits [Abstract]
Team Member Benefit Plan	TEAM MEMBER BENEFIT PLAN The Company provides a defined contribution plan (the “401(k) Plan”) for the benefit of its eligible team members and field talent. The 401(k) Plan allows participants to make contributions subject to applicable statutory limitations. The Company matches participants contributions 100% up to the first 3% and 50% of the next 2% of a team member or field talent’s compensation. The Company contributed $0.4 million and $0.3 million to the 401(k) Plan for the thirteen week periods ended June 28, 2020 and June 30, 2019. The Company contributed $0.7 million and $0.6 million to the 401(k) Plan for the twenty-six week periods ended June 28, 2020 and June 30, 2019.

BUSINESS SEGMENTS

BUSINESS SEGMENTS	6 Months Ended
	Jun. 28, 2020
Segment Reporting [Abstract]
Business Segments	BUSINESS SEGMENTS The Company operates within three industry segments: Real Estate, Professional, and Light Industrial. The Real Estate segment provides office and maintenance field talent to various apartment communities and commercial buildings in 29 states, via property management companies responsible for the apartment communities' and commercial buildings' day-to-day operations. Our Real Estate segment operates through two divisions, BG Multifamily and BG Talent. The Professional segment provides skilled field talent on a nationwide basis for IT and finance, accounting, legal and human resource client partner projects. Our Professional segment operates through various divisions including Extrinsic, American Partners, Donovan & Watkins, Vision Technology Services, Zycron, Smart Resources, L.J. Kushner & Associates, and EdgeRock Technology Partners. The Light Industrial segment provides field talent primarily to manufacturing, distribution, logistics, and call center client partners needing a flexible workforce in 7 states. Our Light Industrial segment operates through our InStaff division. Segment operating income includes all revenue and cost of services, direct selling expenses, depreciation and amortization expense and excludes all general and administrative (home office) expenses. Assets of home office include cash, unallocated prepaid expenses, deferred tax assets, and other assets. The following table provides a reconciliation of revenue and operating income by reportable segment to consolidated results for the periods indicated: Thirteen Weeks Ended Twenty-six Weeks Ended June 28, June 30, June 28, June 30, Revenue: Real Estate $ 11,780,445 $ 24,396,782 $ 31,808,278 $ 43,572,565 Professional 36,649,443 31,321,332 72,993,349 61,915,000 Light Industrial 14,176,446 18,139,776 31,872,136 37,146,392 Total $ 62,606,334 $ 73,857,890 $ 136,673,763 $ 142,633,957 Depreciation: Real Estate $ 53,796 $ 45,420 $ 109,136 $ 89,533 Professional 109,307 84,469 208,740 168,951 Light Industrial 25,049 24,589 52,154 50,011 Home office 31,054 46,942 76,448 95,351 Total $ 219,206 $ 201,420 $ 446,478 $ 403,846 Thirteen Weeks Ended Twenty-six Weeks Ended June 28, 2020 June 30, 2019 June 28, 2020 June 30, 2019 Amortization: Real Estate $ — $ — $ — $ — Professional $ 1,167,329 $ 996,539 $ 2,348,164 $ 2,019,344 Home office 57,416 6,278 64,023 12,556 Total $ 1,224,745 $ 1,002,817 $ 2,412,187 $ 2,031,900 Operating (loss) income: Real Estate $ 773,842 $ 4,121,208 $ 3,813,116 $ 6,940,920 Professional (5,640,933) 2,212,221 (3,801,152) 4,045,781 Light Industrial 870,454 1,137,627 1,967,552 2,340,616 Home office - selling (147,148) (135,553) (239,810) (267,981) Home office - general and administrative (1,940,978) (1,914,745) (5,167,075) (4,051,869) Total $ (6,084,763) $ 5,420,758 $ (3,427,369) $ 9,007,467 Capital expenditures: Real Estate $ 17,549 $ 29,218 $ 43,273 $ 39,879 Professional 32,926 68,211 73,898 396,859 Light Industrial 3,201 5,476 3,201 7,631 Home office 793,618 229,383 1,776,595 229,383 Total $ 847,294 $ 332,288 $ 1,896,967 $ 673,752 June 28, December 29, Total Assets: Real Estate $ 11,688,225 $ 16,785,163 Professional 87,487,331 72,623,242 Light Industrial 12,993,467 15,223,581 Home office 14,786,707 10,954,058 Total $ 126,955,730 $ 115,586,044

SUBSEQUENT EVENT

SUBSEQUENT EVENT	6 Months Ended
	Jun. 28, 2020
Subsequent Events [Abstract]
Subsequent Event	SUBSEQUENT EVENTSDividendOn August 4, 2020, the Company's board of directors declared a cash dividend in the amount of $0.05 per share of common stock to be paid on August 25, 2020 to all shareholders of record as of the close of business on August 18, 2020.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 28, 2020
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The consolidated financial statements include the accounts of the Company. All significant intercompany transactions and balances have been eliminated in consolidation.
Fiscal Year	Fiscal Periods The Company has a 52/53 week fiscal year. Fiscal periods for the consolidated financial statements included herein are as of June 28, 2020 and December 29, 2019, and include the thirteen and twenty-six week periods ended June 28, 2020 and June 30, 2019, referred to herein as Fiscal 2020 and 2019, respectively.
Reclassifications	Reclassifications Certain reclassifications have been made to the 2019 financial statements to conform with the 2020 presentation.
Management Estimates	Management Estimates The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates affecting the financial statements include allowances for credit losses, goodwill, intangible assets, income taxes, leave liability, and contingent consideration obligations related to acquisitions. Additionally, the valuation of share-based compensation option expense uses a model based upon interest rates, stock prices, maturity estimates, volatility and other factors. The Company believes these estimates and assumptions are reliable. However, these estimates and assumptions may change in the future based on actual experience as well as market conditions.
Financial Instruments	Financial Instruments
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents include all highly liquid investments with an original maturity of three months or less.
Accounts Receivable	Accounts Receivable
Property and Equipment	Property and Equipment
Deposits	Deposits The Company maintains guaranteed costs policies for workers' compensation coverage in Texas, Washington, and Ohio and minimal loss retention coverage for team members and field talent in the Light Industrial segment and its other non-Texas workforce. Under these policies, the Company is required to maintain refundable deposits of $3.7 million and $3.6 million, which are included in Deposits in the accompanying consolidated balance sheets as of June 28, 2020 and December 29, 2019, respectively.
Long-Lived Assets	Long-Lived Assets The Company capitalizes direct costs incurred in the development of internal-use software. Cloud computing implementation costs incurred in hosting arrangements are capitalized and reported as a component of other assets. All other internal-use software development costs are capitalized and reported as a component of computer software within intangible assets. The Company reviews its long-lived assets, primarily fixed assets, for impairment whenever events or changes in circumstances indicate that the carrying amount of the asset may not be recovered. The Company looks primarily to the undiscounted future cash flows in its assessment of whether or not long-lived assets have been impaired. There were no impairments during Fiscal 2020 or Fiscal 2019.
Leases	Leases The Company leases all their office space through operating leases, which expire at various dates through 2025. Many of the lease agreements obligate the Company to pay real estate taxes, insurance and certain maintenance costs, which are accounted for separately. Certain of the Company’s lease arrangements contain renewal provisions from 1 to 10 years, exercisable at the Company's option. The Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants. The Company determines if an arrangement is an operating lease at inception. Leases with an initial term of 12 months or less are not recorded on the balance sheet. All other leases are recorded on the balance sheet as right-of-use assets and lease liabilities for the lease term.
Intangible Assets	Intangible Assets The Company holds intangible assets with indefinite and finite lives. Intangible assets with indefinite useful lives are not amortized. Intangible assets with finite useful lives are amortized over their respective estimated useful lives, ranging from three to ten years, based on a pattern in which the economic benefit of the respective intangible asset is realized. Identifiable intangible assets recognized in conjunction with acquisitions are recorded at fair value. Significant unobservable inputs are used to determine the fair value of the identifiable intangible assets based on the income approach valuation model whereby the present worth and anticipated future benefits of the identifiable intangible assets are discounted back to their net present value. The Company capitalizes purchased software and internal payroll costs directly incurred in the modification of software for internal use. Software maintenance and training costs are expensed in the period incurred.
Goodwill	Goodwill
Deferred Financing Fees	Deferred Financing Fees
Contingent Consideration	Contingent Consideration The Company had obligations, to be paid in cash, related to its acquisitions if certain operating and financial goals were met. The fair value of this contingent consideration is determined using expected cash flows and present value technique. The fair value calculation of the expected future payments uses a discount rate commensurate with the risks of the expected cash flow. The resulting discount is amortized as interest expense over the outstanding period using the effective interest method.
Revenue Recognition	Revenue Recognition The Company derives its revenues from three segments: Real Estate, Professional, and Light Industrial. The Company provides workforce solutions and placement services. Revenues are recognized when promised services are delivered to client partners, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those services. Revenues as presented on the consolidated statements of operations represent services rendered to client partners less sales adjustments and allowances. Reimbursements, including those related to out-of-pocket expenses, are also included in revenues, and the related amounts of reimbursable expenses are included in cost of services. The Company records revenue on a gross basis as a principal versus on a net basis as an agent in the presentation of revenues and expenses. The Company has concluded that gross reporting is appropriate because the Company (i) has the risk of identifying and hiring qualified field talent, (ii) has the discretion to select the field talent and establish their price and duties and (iii) bears the risk for services that are not fully paid for by client partners. Temporary staffing revenues - Field talent revenues from contracts with client partners are recognized in the amount to which the Company has a right to invoice, when the services are rendered by the Company’s field talent. Contingent placement staffing revenues - Any revenues associated with services that are provided on a contingent basis are recognized once the contingency is resolved, as this is when control is transferred to the client partner, usually when employment candidates start their employment. Retained search placement staffing revenues - any revenues from these services are recognized based on the contractual amount for services completed to date which best depicts the transfer of control of services, which is less than 1% of consolidated revenues. The Company estimates the effect of placement candidates who do not remain with its client partners through the guarantee period (generally 90 days) based on historical experience. Allowances, recorded as a liability, are established to estimate these losses. Fees to client partners are generally calculated as a percentage of the new worker’s annual compensation. No fees for placement services are charged to employment candidates. These assumptions determine the timing of revenue recognition for the reported period. Refer to Note 13 for disaggregated revenues by segment. Payment terms in the Company's contracts vary by the type and location of its client partner and the services offered. The term between invoicing and when payment is due is not significant. There were no unsatisfied performance obligations as of June 28, 2020. There were no revenues recognized during the twenty-six week period ended June 28, 2020 related to performance obligations satisfied or partially satisfied in previous periods. There are no contract costs capitalized. The Company did not recognize any contract impairments during the twenty-six week period ended June 28, 2020.
Share-based Compensation	Share-Based Compensation The Company recognizes compensation expense in selling, general and administrative expenses over the service period for options or restricted stock that are expected to vest and records adjustments to compensation expense at the end of the service period if actual forfeitures differ from original estimates.
Earnings Per Share	Earnings Per Share Basic earnings per common share are computed by dividing net income by the weighted average number of common shares outstanding during the period. Diluted earnings per share is calculated by dividing income available to common stockholders by the weighted average number of common shares outstanding during the period adjusted to reflect potentially dilutive securities. Antidilutive shares are excluded from the calculation of earnings per share.
Income Taxes	Income Taxes The effective tax rates of 25.9% and 22.8% for the thirteen and twenty-six week periods ended June 28, 2020, respectively, and 22.8% for thirteen and twenty-six week periods ended June 30, 2019 were primarily due to state taxes offset by the Work Opportunity Tax Credit in Fiscal 2019 and Fiscal 2020 and the non-deductibility of transaction costs related to the EdgeRock acquisition in Fiscal 2020. Deferred tax assets and liabilities are recorded for the estimated future tax effects of temporary differences between the tax basis of assets and liabilities and amounts are classified as noncurrent in the consolidated balance sheets. Deferred tax assets are also recognized for net operating loss and tax credit carryovers. The overall change in deferred tax assets and liabilities for the period measures the deferred tax expense or benefit for the period. Effects of changes in enacted tax laws on deferred tax assets and liabilities are reflected as adjustments to tax expense in the period of enactment. As of June 28, 2020, the Company has a $6.9 million net operating loss carry forward from the 2020 EdgeRock acquisition with no expiration date. When appropriate, the Company will record a valuation allowance against net deferred tax assets to offset future tax benefits that may not be realized. In determining whether a valuation allowance is appropriate, the Company considers whether it is more likely than not that all or some portion of our deferred tax assets will not be realized, based in part upon management’s judgments regarding future events and past operating results. The Company recognizes any penalties when necessary as part of selling, general and administrative expenses. As of June 28, 2020, goodwill of $25.2 million is deductible for tax purposes.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In January 2017, the FASB issued ASU No. 2017-04 Intangibles-Goodwill and Other Simplifying the Test for Goodwill Impairment, which provides guidance to simplify the subsequent measurement of goodwill by eliminating the Step 2 procedure from the goodwill impairment test. The new guidance is effective for the Company beginning with the fourth quarter of 2020. The Company adopted this ASU in the second quarter of fiscal 2020 which did not have a material impact on the consolidated financial statements. In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform: Facilitation of the Effects of Reference Rate Reform on Financial Reporting, which provides optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) contract modifications on financial reporting, caused by reference rate reform. The new guidance is effective for all entities as of March 12, 2020 through December 31, 2022. The Company is still evaluating the impact, but does not expect the adoption of the standard to have a material impact on the Company's financial condition or results of operations.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	6 Months Ended
	Jun. 28, 2020
Accounting Policies [Abstract]
Revenue from External Customers by Geographic Areas	Geographic revenue in excess of 10% of the Company's consolidated revenue in Fiscal 2020 and the related percentage for Fiscal 2019 was generated in the following areas: Twenty-six Weeks Ended June 28, June 30, Maryland 12 % 11 % Massachusetts 13 % 1 % Tennessee 15 % 16 % Texas 23 % 30 %
Summary of Valuation Allowance	Changes in the allowance for credit losses are as follows: Thirteen Weeks Ended Twenty-six Weeks Ended June 28, June 30, June 28, 2020 June 30, 2019 Beginning balance $ 468,233 $ 468,233 $ 468,233 $ 468,233 EdgeRock Technology Holdings, Inc. (“EdgeRock”) acquisition — — 47,498 — Provision for (recovery of) credit losses, net 68,251 24,855 99,909 (28,602) Amounts (written off) collected, net (69,284) (24,855) (148,440) 28,602 Ending balance $ 467,200 $ 468,233 $ 467,200 $ 468,233
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The following is a reconciliation of the number of shares used in the calculation of basic and diluted earnings per share for the respective periods: Thirteen Weeks Ended Twenty-six Weeks Ended June 28, June 30, June 28, June 30, Weighted-average number of common shares outstanding: 10,306,986 10,232,588 10,307,715 10,231,025 Effect of dilutive securities: Stock options and restricted stock — 89,833 — 105,156 Warrants — 39,617 — 44,014 Weighted-average number of diluted common shares outstanding 10,306,986 10,362,038 10,307,715 10,380,195 Stock options and restricted stock 521,247 239,750 423,150 239,750 Warrants 25,862 — 25,862 — Antidilutive shares 547,109 239,750 449,012 239,750

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	6 Months Ended
	Jun. 28, 2020
Business Combinations [Abstract]
Schedule of Business Acquisitions, by Acquisition	The preliminary acquisition has been allocated to the assets acquired and liabilities assumed as of the date of acquisition as follows: Accounts receivable $ 6,731,260 Prepaid expenses and other assets 520,587 Property and equipment, net 296,309 Right-of-use asset - operating leases 1,714,984 Intangible assets 11,274,000 Goodwill (non-deductible for tax purposes) 6,178,351 Current liabilities assumed (2,409,551) Deferred income taxes, net (910,501) Lease liability - operating leases (1,714,984) Total net assets acquired $ 21,680,455 Cash $ 21,680,455 Total fair value of consideration transferred for acquired business $ 21,680,455 The preliminary allocation of the intangible assets is as follows: Estimated Fair Estimated Covenants not to compete $ 302,000 5 years Trade name 7,000,000 Indefinite Client partner list 3,972,000 5 years Total $ 11,274,000
Business Acquisition, Pro Forma Information	The Company estimates the revenues and net income for the periods below that would have been reported if the LJK and EdgeRock acquisitions had taken place on the first day of the Company's 2019 fiscal year would be as follows (dollars in thousands, except per share amounts): Thirteen Weeks Ended Twenty-six Weeks Ended June 28, June 30, June 28, June 30, Revenues $ 62,606 $ 84,653 $ 139,782 $ 164,543 Gross profit $ 16,905 $ 24,733 $ 38,089 $ 47,323 Net (loss) income $ (4,829) $ 4,297 $ (3,544) $ 7,334 (Loss) Income per share: Basic $ (0.47) $ 0.42 $ (0.34) $ 0.72 Diluted $ (0.47) $ 0.41 $ (0.34) $ 0.71

LEASES (Tables)

LEASES (Tables)	6 Months Ended
	Jun. 28, 2020
Leases [Abstract]
Lessee, Operating Lease, Liability, Maturity	The undiscounted annual future minimum lease payments consist of the following at: June 28, 2020 $ 2,084,202 2021 2,149,647 2022 1,860,054 2023 1,260,651 2024 612,394 Thereafter 89,124 Total lease payments 8,056,072 Interest (872,844) Present value of lease liabilities $ 7,183,228

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	6 Months Ended
	Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets	Amortization expense for the fiscal years are comprised of following: Thirteen Weeks Ended Twenty-six Weeks Ended June 28, June 30, June 28, June 30, Client partner lists $ 1,040,405 $ 881,525 $ 2,091,021 $ 1,789,624 Covenant not to compete 66,395 42,250 136,084 84,500 Acquisition intangibles 1,106,800 923,775 2,227,105 1,874,124 Computer software - amortization expense 117,945 79,042 185,082 157,776 Amortization expense 1,224,745 1,002,817 2,412,187 2,031,900 Computer software - selling, general and administrative expense 18,822 19,087 37,644 24,893 Total expense $ 1,243,567 $ 1,021,904 $ 2,449,831 $ 2,056,793

ACCRUED PAYROLL AND EXPENSES,_2

ACCRUED PAYROLL AND EXPENSES, OTHER LONG-TERM LIABILITIES, AND CONTINGENT CONSIDERATION (Tables)	6 Months Ended
	Jun. 28, 2020
Accrued Liabilities, Current [Abstract]
Schedule of Accrued Expenses	Accrued payroll and expenses consist of the following at: June 28, December 29, Field talent payroll $ 6,511,524 $ 4,505,264 Field talent payroll related 1,212,218 1,651,436 Accrued bonuses and commissions 1,716,462 1,585,681 Other 3,394,038 2,742,658 Accrued payroll and expenses $ 12,834,242 $ 10,485,039
Schedule of Future Estimated Earnout Payments	The following is a schedule of future estimated contingent consideration payments to various parties as of June 28, 2020: Estimated Cash Payment Discount Net Due in: Less than one year $ 1,250,000 $ (66,080) $ 1,183,920 One to two years 1,250,000 (162,747) 1,087,253 Contingent consideration $ 2,500,000 $ (228,827) $ 2,271,173

DEBT (Tables)

DEBT (Tables)	6 Months Ended
	Jun. 28, 2020
Debt Disclosure [Abstract]
Schedule of Line of Credit Facilities	Borrowings under the revolving facilities consisted of and bore interest at: June 28, December 29, Base Rate $ 255,483 4.25 % $ 2,844,957 5.25 % LIBOR 10,000,000 2.17 % 17,500,000 3.26 % Total $ 10,255,483 $ 20,344,957

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	6 Months Ended
	Jun. 28, 2020
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table summarizes the financial assets and liabilities measured at fair value on a recurring basis and the level they fall within the fair value hierarchy: Amounts Recorded at Fair Value Financial Statement Classification Fair Value June 28, December 29, Interest rate swap Other long-term liabilities Level 2 $ 171,723 $ — Contingent consideration, net Contingent consideration, net - current and long-term Level 3 $ 2,271,173 $ 2,174,378

SHARE-BASED COMPENSATION (Table

SHARE-BASED COMPENSATION (Tables)	6 Months Ended
	Jun. 28, 2020
Stock options and restricted stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of Share-based Compensation, Activity	A summary of stock option and restricted stock activity is presented as follows: Number of Weighted Average Exercise Price Per Share Weighted Average Remaining Contractual Life Total Intrinsic Value of Awards Awards outstanding at December 29, 2019 582,845 $ 18.32 7.5 $ 2,793 Awards outstanding at June 28, 2020 582,845 $ 18.32 7.0 $ 343 Awards exercisable at December 29, 2019 313,645 $ 16.05 6.8 $ 1,991 Awards exercisable at June 28, 2020 340,995 $ 16.47 6.4 $ 158
Schedule of Nonvested Share Activity	Number of Weighted Average Grant Date Fair Value Nonvested outstanding at December 29, 2019 269,200 $ 20.96 Nonvested outstanding at June 28, 2020 241,850 $ 20.93
Warrant
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of Share-based Compensation, Activity	A summary of warrant activity is presented as follows: Number of Weighted Average Exercise Price Per Share Weighted Average Remaining Contractual Life Total Intrinsic Value of Options Warrants outstanding at December 29, 2019 64,482 $ 13.84 0.8 $ 473 Forfeited (38,620) $ 11.85 Warrants outstanding at June 28, 2020 25,862 $ 16.80 0.9 $ — Warrants exercisable at December 29, 2019 64,482 $ 13.84 0.8 $ 473 Warrants exercisable at June 28, 2020 25,862 $ 16.80 0.9 $ —

BUSINESS SEGMENTS (Tables)

BUSINESS SEGMENTS (Tables)	6 Months Ended
	Jun. 28, 2020
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	The following table provides a reconciliation of revenue and operating income by reportable segment to consolidated results for the periods indicated: Thirteen Weeks Ended Twenty-six Weeks Ended June 28, June 30, June 28, June 30, Revenue: Real Estate $ 11,780,445 $ 24,396,782 $ 31,808,278 $ 43,572,565 Professional 36,649,443 31,321,332 72,993,349 61,915,000 Light Industrial 14,176,446 18,139,776 31,872,136 37,146,392 Total $ 62,606,334 $ 73,857,890 $ 136,673,763 $ 142,633,957 Depreciation: Real Estate $ 53,796 $ 45,420 $ 109,136 $ 89,533 Professional 109,307 84,469 208,740 168,951 Light Industrial 25,049 24,589 52,154 50,011 Home office 31,054 46,942 76,448 95,351 Total $ 219,206 $ 201,420 $ 446,478 $ 403,846 Thirteen Weeks Ended Twenty-six Weeks Ended June 28, 2020 June 30, 2019 June 28, 2020 June 30, 2019 Amortization: Real Estate $ — $ — $ — $ — Professional $ 1,167,329 $ 996,539 $ 2,348,164 $ 2,019,344 Home office 57,416 6,278 64,023 12,556 Total $ 1,224,745 $ 1,002,817 $ 2,412,187 $ 2,031,900 Operating (loss) income: Real Estate $ 773,842 $ 4,121,208 $ 3,813,116 $ 6,940,920 Professional (5,640,933) 2,212,221 (3,801,152) 4,045,781 Light Industrial 870,454 1,137,627 1,967,552 2,340,616 Home office - selling (147,148) (135,553) (239,810) (267,981) Home office - general and administrative (1,940,978) (1,914,745) (5,167,075) (4,051,869) Total $ (6,084,763) $ 5,420,758 $ (3,427,369) $ 9,007,467 Capital expenditures: Real Estate $ 17,549 $ 29,218 $ 43,273 $ 39,879 Professional 32,926 68,211 73,898 396,859 Light Industrial 3,201 5,476 3,201 7,631 Home office 793,618 229,383 1,776,595 229,383 Total $ 847,294 $ 332,288 $ 1,896,967 $ 673,752 June 28, December 29, Total Assets: Real Estate $ 11,688,225 $ 16,785,163 Professional 87,487,331 72,623,242 Light Industrial 12,993,467 15,223,581 Home office 14,786,707 10,954,058 Total $ 126,955,730 $ 115,586,044

NATURE OF OPERATIONS (Details T

NATURE OF OPERATIONS (Details Textual)	6 Months Ended
	Jun. 28, 2020segment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of reportable segments	3

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Sales Revenue, Net - Credit Concentration Risk	6 Months Ended
	Jun. 28, 2020	Jun. 30, 2019
Maryland
Revenue, Major Customer [Line Items]
Concentration risk, percentage	12.00%	11.00%
Massachusetts
Revenue, Major Customer [Line Items]
Concentration risk, percentage	13.00%	1.00%
Tennessee
Revenue, Major Customer [Line Items]
Concentration risk, percentage	15.00%	16.00%
Texas
Revenue, Major Customer [Line Items]
Concentration risk, percentage	23.00%	30.00%

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Changes In The Allowance For Credit Losses (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 28, 2020	Jun. 30, 2019
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 468,233	$ 468,233	$ 468,233	$ 468,233
EdgeRock Technology Holdings, Inc. (“EdgeRock”) acquisition	0	0	47,498	0
Provision for (recovery of) credit losses, net	68,251	24,855	99,909	(28,602)
Amounts (written off) collected, net	(69,284)	(24,855)	(148,440)
Amounts (written off) collected, net				28,602
Ending balance	$ 467,200	$ 468,233	$ 467,200	$ 468,233

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual)	3 Months Ended		6 Months Ended
	Jun. 28, 2020USD ($)	Jun. 30, 2019USD ($)	Jun. 28, 2020USD ($)segment	Jun. 30, 2019USD ($)	Feb. 03, 2020USD ($)	Dec. 29, 2019USD ($)
Summary Of Significant Accounting Policies [Line Items]
Effective income tax rate reconciliation, percent	25.90%	22.80%	22.80%	22.80%
Accumulated depreciation and amortization, property, plant, and equipment	$ 3,900,000		$ 3,900,000			$ 2,800,000
Deposit contracts, assets	3,700,000		3,700,000			3,600,000
Impairment losses	7,239,514	$ 0	7,239,514	$ 0
Goodwill	31,372,990		$ 31,372,990			$ 25,194,639
Number of reportable segments | segment			3
Revenue, remaining performance obligation, amount	0		$ 0
Contract with customer, performance obligation satisfied in previous period			0
Capitalized contract cost, gross	0		0
Capitalized contract cost, impairment loss			0
Operating loss carryforwards					$ 6,900,000
Goodwill, expected tax deductible amount	$ 25,200,000		25,200,000
Impairment of long-lived assets held-for-use			$ 0	$ 0
Minimum
Summary Of Significant Accounting Policies [Line Items]
Renewal term	1 year		1 year
Useful life			3 years
Maximum
Summary Of Significant Accounting Policies [Line Items]
Renewal term	10 years		10 years
Useful life			10 years
Client partner lists
Summary Of Significant Accounting Policies [Line Items]
Impairment of intangible assets, finite-lived	$ 3,500,000
Professional
Summary Of Significant Accounting Policies [Line Items]
Goodwill	$ 2,400,000		$ 2,400,000

SUMMARY OF SIGNIFICANT ACCOUN_7

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Earnings Per Share (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 28, 2020	Jun. 30, 2019
Schedule of Weighted Average Number of Shares, Diluted [Line Items]
Basic (shares)	10,306,986	10,232,588	10,307,715	10,231,025
Effect of dilutive securities:
Weighted-average number of diluted common shares outstanding	10,306,986	10,362,038	10,307,715	10,380,195
Antidilutive securities excluded from computation of earnings per share, amount	547,109	239,750	449,012	239,750
Stock options and restricted stock
Effect of dilutive securities:
Stock options and restricted stock	0	89,833	0	105,156
Antidilutive securities excluded from computation of earnings per share, amount	521,247	239,750	423,150	239,750
Warrant
Effect of dilutive securities:
Warrants	0	39,617	0	44,014
Antidilutive securities excluded from computation of earnings per share, amount	25,862	0	25,862	0

ACQUISITIONS (Details Textual)

ACQUISITIONS (Details Textual) - USD ($)	Feb. 03, 2020	Dec. 13, 2019	Jun. 28, 2020	Jun. 30, 2019	Jun. 28, 2020	Jun. 30, 2019
Business Acquisition [Line Items]
Contingent consideration			$ 2,271,173		$ 2,271,173
Acquisition related costs					$ 600,000
Effective income tax rate reconciliation, percent			25.90%	22.80%	22.80%	22.80%
L.J. Kushner & Associates, L.L.C.
Business Acquisition [Line Items]
Initial cash paid for acquisition		$ 8,500,000
Stock issued during period, value, acquisitions		1,000,000
Escrow deposit		1,000,000
Contingent consideration		$ 2,500,000
Business combination, period of contingency		2 years
EdgeRock Technology Holdings, Inc
Business Acquisition [Line Items]
Initial cash paid for acquisition	$ 21,700,000
Percentage acquired	100.00%
Pro forma revenue			$ 9,800,000		$ 16,300,000
Pro forma net income			$ 300,000		$ 600,000
Private Placement | L.J. Kushner & Associates, L.L.C.
Business Acquisition [Line Items]
Stock issued during period, shares, acquisitions		47,403
Pro Forma
Business Acquisition [Line Items]
Effective income tax rate reconciliation, percent			25.90%
Revolving Credit Facility | Pro Forma
Business Acquisition [Line Items]
Line of credit facility, interest rate during period					3.70%

ACQUISITIONS - Schedule of Reco

ACQUISITIONS - Schedule of Recognized Identified Assets Acquired and Liabilities Assumed (Details) - USD ($)	Feb. 03, 2020	Jun. 28, 2020	Dec. 29, 2019
Business Acquisition [Line Items]
Goodwill		$ 31,372,990	$ 25,194,639
EdgeRock Technology Holdings, Inc
Business Acquisition [Line Items]
Accounts receivable	$ 6,731,260
Prepaid expenses and other assets	520,587
Property and equipment	296,309
Right-of-use asset - operating leases	1,714,984
Intangible assets	11,274,000	$ 11,274,000
Goodwill	6,178,351
Liabilities assumed	(2,409,551)
Deferred income taxes, net	(910,501)
Lease liability - operating leases	(1,714,984)
Total net assets acquired	21,680,455
Cash	21,680,455
Total fair value of consideration transferred for acquired business	$ 21,680,455

ACQUISITIONS - Finite-Lived and

ACQUISITIONS - Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination (Details) - EdgeRock Technology Holdings, Inc - USD ($)	6 Months Ended
	Jun. 28, 2020	Feb. 03, 2020
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets	$ 11,274,000	$ 11,274,000
Covenants not to compete
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets acquired	$ 302,000
Useful life	5 years
Client partner lists
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets acquired	$ 3,972,000
Useful life	5 years
Trade name
Acquired Finite-Lived Intangible Assets [Line Items]
Indefinite-lived intangible assets acquired	$ 7,000,000

ACQUISITIONS (Supplemental Unau

ACQUISITIONS (Supplemental Unaudited Pro Forma Information) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 28, 2020	Jun. 30, 2019
(Loss) Income per share:
Effective income tax rate reconciliation, percent	25.90%	22.80%	22.80%	22.80%
L.J. Kushner & Associates, L.L.C.
Business Acquisition [Line Items]
Revenues	$ 62,606	$ 84,653	$ 139,782	$ 164,543
Gross profit	16,905	24,733	38,089	47,323
Net (loss) income	$ (4,829)	$ 4,297	$ (3,544)	$ 7,334
(Loss) Income per share:
Basic pro forma (in usd per share)	$ (0.47)	$ 0.42	$ (0.34)	$ 0.72
Diluted pro forma (in usd per share)	$ (0.47)	$ 0.41	$ (0.34)	$ 0.71
Pro Forma
(Loss) Income per share:
Effective income tax rate reconciliation, percent	25.90%
Pro Forma | Revolving Credit Facility
(Loss) Income per share:
Line of credit facility, interest rate during period			3.70%

LEASES - Narrative (Details)

LEASES - Narrative (Details)	3 Months Ended	6 Months Ended
	Jun. 28, 2020USD ($)	Jun. 28, 2020USD ($)
Leases [Abstract]
Operating lease, weighted average remaining lease term (years)	3 years 10 months 24 days	3 years 10 months 24 days
Operating lease, weighted average discount rate, percent	5.00%	5.00%
Operating lease, payments	$ 601,248	$ 1,106,779
Operating lease, cost	525,679	1,016,698
Short-term lease, cost	$ 108,359	$ 234,737

LEASES - Undiscounted Annual Fu

LEASES - Undiscounted Annual Future Minimum Lease Payments (Details)	Jun. 28, 2020USD ($)
Leases [Abstract]
2020	$ 2,084,202
2021	2,149,647
2022	1,860,054
2023	1,260,651
2024	612,394
Thereafter	89,124
Total lease payments	8,056,072
Interest	(872,844)
Present value of lease liabilities	$ 7,183,228

INTANGIBLE ASSETS (Details Text

INTANGIBLE ASSETS (Details Textual) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 28, 2020	Jun. 28, 2020	Dec. 29, 2019
Goodwill and Intangible Assets [Line Items]
Intangible assets, accumulated amortization	$ 46,800,000	$ 46,800,000	$ 44,300,000
Capitalized computer software, additions		71,516
Capitalized computer software, period increase		$ 976,954
Client partner lists
Goodwill and Intangible Assets [Line Items]
Impairment of intangible assets, finite-lived	3,500,000
Trade name
Goodwill and Intangible Assets [Line Items]
Impairment of intangible assets, indefinite-lived	$ 3,700,000

INTANGIBLE ASSETS (Schedule of

INTANGIBLE ASSETS (Schedule of Intangible Assets) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 28, 2020	Jun. 30, 2019
Finite-Lived Intangible Assets [Line Items]
Amortization of acquired intangible assets	$ 1,106,800	$ 923,775	$ 2,227,105	$ 1,874,124
Amortization of intangible assets	1,224,745	1,002,817	2,412,187	2,031,900
Total expense	1,243,567	1,021,904	2,449,831	2,056,793
Client partner lists
Finite-Lived Intangible Assets [Line Items]
Amortization of acquired intangible assets	1,040,405	881,525	2,091,021	1,789,624
Covenants not to compete
Finite-Lived Intangible Assets [Line Items]
Amortization of acquired intangible assets	66,395	42,250	136,084	84,500
Amortization Expense | Computer Software, Intangible Asset [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization of intangible assets	117,945	79,042	185,082	157,776
Selling, General and Administrative Expenses | Computer Software, Intangible Asset [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization of intangible assets	$ 18,822	$ 19,087	$ 37,644	$ 24,893

ACCRUED PAYROLL AND EXPENSES,_3

ACCRUED PAYROLL AND EXPENSES, OTHER LONG-TERM LIABILITIES, AND CONTINGENT CONSIDERATION - Accrued Payroll and Expenses (Details) - USD ($)	Jun. 28, 2020	Dec. 29, 2019
Accrued Liabilities, Current [Abstract]
Field talent payroll	$ 6,511,524	$ 4,505,264
Field talent payroll related	1,212,218	1,651,436
Accrued bonuses and commissions	1,716,462	1,585,681
Other	3,394,038	2,742,658
Accrued payroll and expenses	$ 12,834,242	$ 10,485,039

ACCRUED PAYROLL AND EXPENSES,_4

ACCRUED PAYROLL AND EXPENSES, OTHER LONG-TERM LIABILITIES, AND CONTINGENT CONSIDERATION - Narrative (Details)	Jun. 28, 2020USD ($)
Income Taxes [Line Items]
Derivative, notional amount	$ 25,000,000
Other long-term liabilities
Income Taxes [Line Items]
Deferred employer FICA	2,700,000
Interest Rate Swap | Other long-term liabilities
Income Taxes [Line Items]
Derivative, notional amount	$ 200,000

ACCRUED PAYROLL AND EXPENSES,_5

ACCRUED PAYROLL AND EXPENSES, OTHER LONG-TERM LIABILITIES, AND CONTINGENT CONSIDERATION - Schedule of Future Estimated Earn Out Payments (Details) - USD ($)	Jun. 28, 2020	Dec. 29, 2019
Accrued Liabilities, Current [Abstract]
Estimated Cash Payment, Less than one year	$ 1,250,000
Discount, Less than one year	(66,080)
Net, Less than one year	1,183,920	$ 0
Estimated Cash Payment, One to two years	1,250,000
Discount, One to two years	(162,747)
Net, One to two years	1,087,253	$ 2,174,378
Estimated Cash Payment, Total	2,500,000
Discount, Total	(228,827)
Net, Total	$ 2,271,173

DEBT (Details Textual)

DEBT (Details Textual)	Jul. 16, 2019USD ($)request	Jun. 28, 2020USD ($)	Jun. 30, 2019USD ($)	Jun. 28, 2020USD ($)	Jun. 30, 2019USD ($)	Apr. 06, 2020USD ($)	Feb. 03, 2020USD ($)	Dec. 29, 2019USD ($)
Debt Instrument [Line Items]
Letters of credit outstanding, amount		$ 100,000		$ 100,000
Long-term line of credit		9,950,001		9,950,001				$ 19,993,829
Line of credit facility, average outstanding amount		13,000,000	$ 14,900,000	16,100,000	$ 12,500,000
Derivative, notional amount		25,000,000		25,000,000
Credit Agreement | BMO Harris Bank, N.A. | Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 35,000,000
Credit Agreement | Texas Capital Bank, National Association (TCB) | Revolving Credit Facility
Debt Instrument [Line Items]
Long-term line of credit		$ 10,255,483		$ 10,255,483				$ 20,344,957
Term Loan | Credit Agreement | BMO Harris Bank, N.A.
Debt Instrument [Line Items]
Long term debt	$ 30,000,000
Number of requests to increase term loan | request	2
Line of credit facility, maximum increase	$ 40,000,000
Line of credit facility, minimum increase	$ 10,000,000
Senior Notes | Term Loan | BMO Harris Bank, N.A.
Debt Instrument [Line Items]
Long term debt						$ 4,000,000	$ 18,500,000

DEBT - Borrowings Under Revolvi

DEBT - Borrowings Under Revolving Facility (Details) - USD ($)	Jun. 28, 2020	Dec. 29, 2019
Line of Credit Facility [Line Items]
Total borrowing amount	$ 9,950,001	$ 19,993,829
Credit Agreement | Texas Capital Bank, National Association (TCB) | Revolving Credit Facility
Line of Credit Facility [Line Items]
Initial borrowing amount	$ 255,483	$ 2,844,957
Debt Instrument, Interest Rate, Effective Percentage for Initial Borrowing Amount	4.25%	5.25%
Second borrowing amount	$ 10,000,000	$ 17,500,000
Debt Instrument, Interest Rate, Effective Percentage for Second Borrowing Amount	2.17%	3.26%
Total borrowing amount	$ 10,255,483	$ 20,344,957

DEBT - Borrowing Under Term Loa

DEBT - Borrowing Under Term Loan (Details) - Texas Capital Bank, National Association (TCB) - Revolving Credit Facility - Credit Agreement - USD ($)	Jun. 28, 2020	Dec. 29, 2019
Debt Instrument [Line Items]
Long-Term Debt, Gross, Initial Borrowing	$ 4,675,000	$ 7,500,000
Debt Instrument, Interest Rate, Effective Percentage for Initial Borrowing Amount	4.25%	5.25%
Long-Term Debt, Gross, Second Borrowing Amount	$ 25,000,000	$ 0
Debt Instrument, Interest Rate, Effective Percentage for Second Borrowing Amount	2.39%	0.00%
Long-term debt, less current portion	$ 29,675,000	$ 7,500,000

FAIR VALUE MEASUREMENTS (Detail

FAIR VALUE MEASUREMENTS (Details)	Jun. 28, 2020USD ($)	Dec. 29, 2019USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration	$ 2,271,173
Other long-term liabilities	2,866,610	$ 0
Level 2 | Other long-term liabilities | Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other long-term liabilities	171,723	0
Level 3 | Contingent Consideration | Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration	$ 2,271,173	$ 2,174,378
Measurement Input, Discount Rate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Discount rate	0.075	0.075

EQUITY (Details Textual)

EQUITY (Details Textual) - $ / shares	Jun. 28, 2020	Dec. 29, 2019
Class of Stock [Line Items]
Common stock, shares authorized (in shares)	19,500,000	19,500,000
Common stock, par value (in USD per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	500,000	500,000
Preferred stock, par value (in USD per share)	$ 0.01	$ 0.01

SHARE-BASED COMPENSATION (Detai

SHARE-BASED COMPENSATION (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 28, 2020	Jun. 30, 2019	Dec. 29, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options converted				22,240
Shares outstanding	10,306,986		10,306,986		10,309,236
Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation expense	$ 200,000	$ 200,000	$ 400,000	$ 500,000
Unamortized stock compensation expense	1,300,000		$ 1,300,000
Unamortized stock compensation expense, recognition period			2 years 4 months 24 days
Shares issued in period				9,298
Restricted stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation expense	$ 100,000	100,000	$ 100,000	$ 100,000
Shares outstanding	18,000		18,000		27,000
Granted (in dollars per share)			$ 28.61
Warrant
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation expense	$ 0	$ 0
Non-option equity instruments, nonvested, number of shares	0		0		0
Shares issued in period				423
Options converted				1,020

SHARE-BASED COMPENSATION - Summ

SHARE-BASED COMPENSATION - Summary of Stock Option and Restricted Stock Activity (Details) - Stock options and restricted stock $ / shares in Units, $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 28, 2020USD ($)$ / sharesshares	Dec. 29, 2019USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Beginning number of shares, outstanding (in shares) | shares	582,845
Number of shares, outstanding (in shares) | shares	582,845	582,845
Ending number of shares, options exercisable | shares	340,995	313,645
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Weighted Average Exercise Price [Roll Forward]
Beginning balance of options outstanding (in dollars per share) | $ / shares	$ 18.32
Ending balance of options outstanding (in dollars per share) | $ / shares	18.32	$ 18.32
Options exercisable at end of period | $ / shares	$ 16.47	$ 16.05
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Roll Forward]
Options outstanding, weighted average remaining contractual term	7 years	7 years 6 months
Optons exercisable, weighted average remaining contractual term	6 years 4 months 24 days	6 years 9 months 18 days
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Aggregate Intrinsic Value [Roll Forward]
Beginning balance, intrinsic value | $	$ 2,793
Ending value, intrinsic value | $	343	$ 2,793
Options exercisable, aggregate intrinsic value | $	$ 158	$ 1,991
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Nonvested, number of shares | shares	241,850	269,200
Nonvested options, weighted average grant date fair value | $ / shares	$ 20.93	$ 20.96

SHARE-BASED COMPENSATION - Su_2

SHARE-BASED COMPENSATION - Summary of Warrant Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Dec. 29, 2019
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Number of warrants, exercisable			64,482
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Weighted Average Exercise Price [Roll Forward]
Exercisable warrants, weighted average exercise price (in dollars per share)			$ 13.84
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Intrinsic Value [Roll Forward]
Options converted		22,240
Warrant
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares issued in period		423
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Number of warrants, outstanding, beginning balance (in shares)	64,482
Number of warrants, outstanding, ending balance (in shares)	25,862		64,482
Number of warrants, exercisable	25,862
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Weighted Average Exercise Price [Roll Forward]
Outstanding warrants, weighted average exercise price, beginning balance (in dollars per share)	$ 13.84
Outstanding warrants, weighted average exercise price, ending balance (in dollars per share)	16.80		$ 13.84
Exercisable warrants, weighted average exercise price (in dollars per share)	$ 16.80
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract]
Warrants outstanding, weighted average remaining contractual life	10 months 24 days		9 months 18 days
Exercisable warrants, weighted average remaining contractual life	10 months 24 days		9 months 18 days
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Intrinsic Value [Roll Forward]
Outstanding warrants, intrinsic value, beginning balance	$ 473
Outstanding warrants, intrinsic value, ending balance	0		$ 473
Exercisable warrants, intrinsic price	$ 0		$ 473
Options converted		1,020
Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares issued in period		9,298

TEAM MEMBER BENEFIT PLAN (Detai

TEAM MEMBER BENEFIT PLAN (Details Textual) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 28, 2020	Jun. 30, 2019
Defined Benefit Plan Disclosure [Line Items]
Defined contribution plan, cost recognized	$ 0.4	$ 0.3	$ 0.7	$ 0.6
First 3% Employee Compensation
Defined Benefit Plan Disclosure [Line Items]
Defined contribution plan, employer matching contribution, percent of match			100.00%
Defined contribution plan, employer matching contribution, percent of employees' gross pay			3.00%
Next 2% Employee Compensation
Defined Benefit Plan Disclosure [Line Items]
Defined contribution plan, employer matching contribution, percent of match			50.00%
Defined contribution plan, employer matching contribution, percent of employees' gross pay			2.00%

BUSINESS SEGMENTS (Details Text

BUSINESS SEGMENTS (Details Textual)	6 Months Ended
	Jun. 28, 2020segment
Segment Reporting [Abstract]
Number of reportable segments	3

BUSINESS SEGMENTS (Reconciliati

BUSINESS SEGMENTS (Reconciliation of Revenue and Operating Income) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 28, 2020	Jun. 30, 2019	Jun. 28, 2020	Jun. 30, 2019	Dec. 29, 2019
Segment Reporting Information [Line Items]
Revenues	$ 62,606,334	$ 73,857,890	$ 136,673,763	$ 142,633,957
Depreciation	219,206	201,420	446,478	403,846
Amortization	1,224,745	1,002,817	2,412,187	2,031,900
Operating income	(6,084,763)	5,420,758	(3,427,369)	9,007,467
Capital expenditures	847,294	332,288	1,896,967	673,752
Total assets	126,955,730		126,955,730		$ 115,586,044
Operating Segments | Real Estate
Segment Reporting Information [Line Items]
Revenues	11,780,445	24,396,782	31,808,278	43,572,565
Depreciation	53,796	45,420	109,136	89,533
Amortization	0	0	0	0
Operating income	773,842	4,121,208	3,813,116	6,940,920
Capital expenditures	17,549	29,218	43,273	39,879
Total assets	11,688,225		11,688,225		16,785,163
Operating Segments | Professional
Segment Reporting Information [Line Items]
Revenues	36,649,443	31,321,332	72,993,349	61,915,000
Depreciation	109,307	84,469	208,740	168,951
Amortization	1,167,329	996,539	2,348,164	2,019,344
Operating income	(5,640,933)	2,212,221	(3,801,152)	4,045,781
Capital expenditures	32,926	68,211	73,898	396,859
Total assets	87,487,331		87,487,331		72,623,242
Operating Segments | Light Industrial
Segment Reporting Information [Line Items]
Revenues	14,176,446	18,139,776	31,872,136	37,146,392
Depreciation	25,049	24,589	52,154	50,011
Operating income	870,454	1,137,627	1,967,552	2,340,616
Capital expenditures	3,201	5,476	3,201	7,631
Total assets	12,993,467		12,993,467		15,223,581
Home office
Segment Reporting Information [Line Items]
Depreciation	31,054	46,942	76,448	95,351
Amortization	57,416	6,278	64,023	12,556
Capital expenditures	793,618	229,383	1,776,595	229,383
Total assets	14,786,707		14,786,707		$ 10,954,058
Home office | Selling and Marketing Expense
Segment Reporting Information [Line Items]
Operating income	(147,148)	(135,553)	(239,810)	(267,981)
Home office | General and Administrative Expense
Segment Reporting Information [Line Items]
Operating income	$ (1,940,978)	$ (1,914,745)	$ (5,167,075)	$ (4,051,869)

SUBSEQUENT EVENT - Narrative (D

SUBSEQUENT EVENT - Narrative (Details) - $ / shares	Aug. 04, 2020	Jun. 28, 2020	Jun. 30, 2019	Jun. 28, 2020	Jun. 30, 2019
Subsequent Event [Line Items]
Cash dividends declared per common share		$ 0.05	$ 0.30	$ 0.35	$ 0.60
Subsequent Event
Subsequent Event [Line Items]
Dividends payable, date declared	Aug. 4, 2020
Cash dividends declared per common share	$ 0.05
Dividends payable, date to be paid	Aug. 25, 2020
Dividends payable, date of record	Aug. 18, 2020