v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Jul. 04, 2026
Jan. 03, 2026
Current assets:    
Cash and cash equivalents $ 21,442 $ 18,210
Accounts receivable, net of allowances of $6,262 and $6,664, respectively 168,076 183,264
Unbilled services, net of allowances of $1,863 and $1,489, respectively 103,623 65,598
Prepaid expenses and other current assets 23,569 19,331
Forgivable loans 22,265 16,726
Total current assets 338,975 303,129
Property and equipment, net 34,917 36,713
Goodwill, net 94,585 94,718
Intangible assets, net 4,921 5,686
Right-of-use assets 69,370 76,132
Deferred income taxes 15,022 17,958
Forgivable loans, net of current portion 119,330 90,271
Other assets 1,357 4,266
Total assets 678,477 628,873
Current liabilities:    
Accounts payable 25,217 30,177
Accrued expenses 138,776 223,460
Deferred revenue and other liabilities 9,058 14,351
Current portion of lease liabilities 17,695 17,223
Current portion of deferred compensation 5,462 10,818
Revolving line of credit 219,000 34,000
Total current liabilities 415,208 330,029
Non-current liabilities:    
Deferred compensation and other non-current liabilities 13,550 8,512
Non-current portion of lease liabilities 66,956 76,009
Deferred income taxes 915 725
Total non-current liabilities 81,421 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; 6,256,322 and 6,547,407 shares issued and outstanding, respectively 426 2,480
Retained earnings 192,240 221,062
Accumulated other comprehensive loss (10,818) (9,944)
Total shareholders’ equity 181,848 213,598
Total liabilities and shareholders’ equity $ 678,477 $ 628,873