v3.25.1
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Mar. 29, 2025
Dec. 28, 2024
Current assets:    
Cash and cash equivalents $ 25,598 $ 26,711
Accounts receivable, net of allowances of $5,896 and $5,659, respectively 140,326 162,293
Unbilled services, net of allowances of $1,382 and $1,411, respectively 82,925 57,255
Prepaid expenses and other current assets 17,744 16,569
Forgivable loans 11,527 6,535
Total current assets 278,120 269,363
Property and equipment, net 42,785 45,205
Goodwill, net 94,139 93,737
Intangible assets, net 6,834 7,216
Right-of-use assets 78,653 81,157
Deferred income taxes 17,736 16,648
Forgivable loans, net of current portion 64,339 48,957
Other assets 7,836 9,156
Total assets 590,442 571,439
Current liabilities:    
Accounts payable 19,703 28,155
Accrued expenses 134,439 181,413
Deferred revenue and other liabilities 10,379 14,130
Current portion of lease liabilities 18,986 18,696
Current portion of deferred compensation 1,996 8,915
Revolving line of credit 85,000 0
Total current liabilities 270,503 251,309
Non-current liabilities:    
Deferred compensation and other non-current liabilities 10,440 22,329
Non-current portion of lease liabilities 80,954 84,541
Deferred income taxes 1,226 1,187
Total non-current liabilities 92,620 108,057
Commitments and contingencies (Note 10)
Shareholders’ equity:    
Preferred stock, no par value; 1,000,000 shares authorized; none issued and outstanding 0 0
Common stock, no par value; 25,000,000 shares authorized; 6,789,893 and 6,768,575 shares issued and outstanding, respectively 599 1,663
Retained earnings 240,028 225,461
Accumulated other comprehensive loss (13,308) (15,051)
Total shareholders’ equity 227,319 212,073
Total liabilities and shareholders’ equity $ 590,442 $ 571,439