v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 27, 2026
Mar. 28, 2025
Cash flows from operating activities:    
Net income $ 4,281 $ 3,143
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense 1,165 1,025
Amortization expense 315 145
Amortization of debt issuance costs 23 22
Non-cash stock based compensation expense 1,479 9,672
Provision for doubtful accounts (114) 166
(Gain) loss on foreign currency translation (518) 182
Deferred income tax expense 2,233 1,988
Changes in assets and liabilities, net of acquisition:    
Increase in accounts receivable and contract assets (10,795) (5,681)
Decrease (increase) in prepaid expenses and other assets 1,259 (778)
Decrease in accounts payable (1,544) (1,587)
Decrease in accrued expenses and other liabilities (3,674) (6,503)
Increase in contract liabilities 899 3,801
Decrease in income tax payable (75) (1,401)
Net cash (used in) provided by operating activities (5,066) 4,194
Cash flows from investing activities:    
Purchases of property, software and equipment (2,414) (1,544)
Net cash used in investing activities (2,414) (1,544)
Cash flows from financing activities:    
Debt proceeds 5,000 5,000
Repayments of debt (2,000) 0
Debt issuance costs (4) 0
Taxes paid to satisfy employee withholding tax obligations (1,666) (5,519)
Dividends paid (3,013) (3,024)
Repurchase of common stock (2,966) (6,202)
Net cash used in financing activities (4,649) (9,745)
Effect of exchange rate on cash (0) (92)
Net decrease in cash (12,129) (7,187)
Cash at beginning of period 18,197 16,366
Cash at end of period 6,068 9,179
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 619 345
Cash paid for interest 1,023 222
Supplemental disclosure of non-cash flow financing activities:    
Dividend declared during the quarter and paid the following quarter $ 3,021 $ 3,318