v3.25.1
Fair Value of Financial Instruments
3 Months Ended
Mar. 29, 2025
Fair Value Disclosures [Abstract]  
Fair Value of Financial Instruments Fair Value of Financial Instruments
As of March 29, 2025 and December 28, 2024, CRA did not have any financial instruments measured at fair value on a recurring basis.
The contingent consideration liability pertained to estimated future contingent consideration payments related to the acquisition of bioStrategies Group, Inc. during fiscal 2022. CRA had no contingent consideration obligation during the fiscal
quarter ended March 29, 2025. The following table summarizes the changes in the contingent consideration liability for the fiscal year ended December 28, 2024 (in thousands):
Fiscal Year Ended
December 28, 2024
Beginning balance$190 
Remeasurement of acquisition-related contingent consideration(190)
Accretion— 
Ending balance$—