Revenues and Allowances (Tables)
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3 Months Ended |
Mar. 29, 2025 |
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| Revenue from Contract with Customer [Abstract] |
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| Schedule of disaggregate CRA's revenue by type of contract and geographic location |
The following tables disaggregate CRA’s revenue by type of contract and geographic location (in thousands): | | | | | | | | | | | | | | | | | | | | | | | Fiscal Quarter Ended | | | | Type of Contract | | March 29,
2025 | | March 30,
2024 | | | | | | Consulting services revenues: | | | | | | | | | | Fixed-price | | $ | 30,329 | | | $ | 30,082 | | | | | | | Time-and-materials | | 151,522 | | | 141,707 | | | | | | | Total | | $ | 181,851 | | | $ | 171,789 | | | | | |
Revenues have been attributed to locations based on the location of the legal entity generating the revenues. | | | | | | | | | | | | | | | | | | | | | | | Fiscal Quarter Ended | | | | Geographic Breakdown | | March 29,
2025 | | March 30,
2024 | | | | | | Consulting services revenues: | | | | | | | | | | United States | | $ | 149,714 | | | $ | 142,204 | | | | | | | United Kingdom | | 23,124 | | | 21,154 | | | | | | | Other | | 9,013 | | | 8,431 | | | | | | | Total | | $ | 181,851 | | | $ | 171,789 | | | | | | | | | | | | | | |
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| Schedule of bad debt expense, net of recoveries |
The following table presents CRA's bad debt expense, net of recoveries of previously written off allowances (in thousands): | | | | | | | | | | | | | | | | | | | | | | | Fiscal Quarter Ended | | | | | March 29,
2025 | | March 30,
2024 | | | | | | Bad debt expense (recovery), net | | $ | 433 | | | $ | 663 | | | | | |
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| Schedule of expenses are subject to reimbursement |
The following expenses are subject to reimbursement (in thousands): | | | | | | | | | | | | | | | | | | | | | | | Fiscal Quarter Ended | | | | | March 29,
2025 | | March 30,
2024 | | | | | | Reimbursable expenses | | $ | 16,506 | | | $ | 17,061 | | | | | |
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| Schedule of opening and closing balances and result of changes in contract liability balance (in thousands) |
The following table presents the open and closing balances of CRA's accounts receivable, net and unbilled services, net (in thousands): | | | | | | | | | | | | | | | | | | | | | | | March 29,
2025 | | December 28,
2024 | | December 30,
2023 | | Accounts receivable, net | | $ | 140,326 | | | $ | 162,293 | | | $ | 142,729 | | | Unbilled services, net | | $ | 82,925 | | | $ | 57,255 | | | $ | 56,827 | |
| | | | | | | | | | | | | | | | | | | | | | | March 29,
2025 | | December 28,
2024 | | December 30,
2023 | | Contract liabilities | | $ | 4,228 | | | $ | 7,340 | | | $ | 6,037 | |
CRA recognized the following revenue that was included in the contract liabilities balance as of the opening of the respective period or for performance obligations satisfied in previous periods (in thousands): | | | | | | | | | | | | | | | | | | | | | | | Fiscal Quarter Ended | | | | | March 29,
2025 | | March 30,
2024 | | | | | | Amounts included in contract liabilities at the beginning of the period | | $ | 6,290 | | | $ | 4,703 | | | | | | | Performance obligations satisfied in previous periods | | $ | 2,325 | | | $ | 2,847 | | | | | |
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