v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Apr. 04, 2026
Jan. 03, 2026
Current assets:    
Cash and cash equivalents $ 32,496 $ 18,210
Accounts receivable, net of allowances of $6,750 and $6,664, respectively 141,024 183,264
Unbilled services, net of allowances of $1,698 and $1,489, respectively 92,238 65,598
Prepaid expenses and other current assets 24,789 19,331
Forgivable loans 25,925 16,726
Total current assets 316,472 303,129
Property and equipment, net 36,312 36,713
Goodwill, net 94,473 94,718
Intangible assets, net 5,304 5,686
Right-of-use assets 72,101 76,132
Deferred income taxes 16,550 17,958
Forgivable loans, net of current portion 117,960 90,271
Other assets 3,242 4,266
Total assets 662,414 628,873
Current liabilities:    
Accounts payable 24,273 30,177
Accrued expenses 132,454 223,460
Deferred revenue and other liabilities 12,647 14,351
Current portion of lease liabilities 17,239 17,223
Current portion of deferred compensation 2,228 10,818
Revolving line of credit 192,000 34,000
Total current liabilities 380,841 330,029
Non-current liabilities:    
Deferred compensation and other non-current liabilities 11,582 8,512
Non-current portion of lease liabilities 70,889 76,009
Deferred income taxes 712 725
Total non-current liabilities 83,183 85,246
Commitments and contingencies (Note 9)
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; 6,444,116 and 6,547,407 shares issued and outstanding, respectively 0 2,480
Retained earnings 209,189 221,062
Accumulated other comprehensive loss (10,799) (9,944)
Total shareholders’ equity 198,390 213,598
Total liabilities and shareholders’ equity $ 662,414 $ 628,873