v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Oct. 03, 2026
Jan. 03, 2026
Current assets:    
Cash and cash equivalents $ 20,400 $ 18,210
Accounts receivable, net of allowances of $6,793 and $6,664, respectively 175,211 183,264
Unbilled services, net of allowances of $1,957 and $1,489, respectively 114,363 65,598
Prepaid expenses and other current assets 24,920 19,331
Forgivable loans 15,535 16,726
Total current assets 350,429 303,129
Property and equipment, net 33,323 36,713
Goodwill, net 94,438 94,718
Intangible assets, net 4,539 5,686
Right-of-use assets 65,334 76,132
Deferred income taxes 13,824 17,958
Forgivable loans, net of current portion 114,387 90,271
Other assets 4,414 4,266
Total assets 680,688 628,873
Current liabilities:    
Accounts payable 29,266 30,177
Accrued expenses 191,259 223,460
Deferred revenue and other liabilities 11,524 14,351
Current portion of lease liabilities 18,003 17,223
Current portion of deferred compensation 8,749 10,818
Revolving line of credit 75,000 34,000
Total current liabilities 333,801 330,029
Non-current liabilities:    
Deferred compensation and other non-current liabilities 18,937 8,512
Non-current portion of lease liabilities 61,574 76,009
Term loan, net of current portion and debt issuance costs 72,923 0
Deferred income taxes 712 725
Total non-current liabilities 154,146 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; 6,262,622 and 6,547,407 shares issued and outstanding, respectively 1,784 2,480
Retained earnings 202,529 221,062
Accumulated other comprehensive loss (11,572) (9,944)
Total shareholders’ equity 192,741 213,598
Total liabilities and shareholders’ equity $ 680,688 $ 628,873