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Subsequent Event | 12 Months Ended
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Dec. 28, 2018
Subsequent Events [Abstract] |
Subsequent Events | Note 18: Subsequent Event On January 31, 2019, the Company announced that its Board of Directors has declared a quarterly cash dividend of $0.16 per share to be paid on March 22, 2019 to all common stockholders of record as of March 8, 2019. The Board of Directors also authorized an additional $75 million for share repurchases. On January 29 th 2019, PG&E Corp. (“PG&E”) filed for bankruptcy under chapter 11 of the U.S. bankruptcy code. The Company’s total outstanding accounts receivable from PG&E as of December 28, 2018 was $5.6 million of which $2.1 million was paid during fiscal 2019 prior to the bankruptcy filing date. The Company continued to do work for PG&E during fiscal 2019 and the total outstanding accounts receivable from PG&E on the bankruptcy filing date of January 29, 2019 was $6.0 million. Due to the uncertainties associated with the bankruptcy process the Company believes that an impairment of the receivable is reasonably possible, however it is unable to estimate the amount of this receivable that will ultimately be collected. As such, the Company has not recorded an impairment charge related to this asset, but will do so once an impairment, if any, is determined to be probable and estimable. Comparative Quarterly Financial Data (unaudited) Summarized quarterly financial data is as follows:
Fiscal 2018 |  | March 30, |  |  | June 29, |  |  | September 28, |  |  | December 28, |
(In thousands, except per share data) |  | 2018 |  |  | 2018 |  |  | 2018 |  |  | 2018 |
Revenues before reimbursements |  | $ | 90,684 |  |  | $ | 89,972 |  |  | $ | 88,714 |  |  | $ | 85,269 |
Revenues |  |  | 96,457 |  |  |  | 95,621 |  |  |  | 95,302 |  |  |  | 92,143 |
Operating income |  |  | 21,598 |  |  |  | 22,478 |  |  |  | 20,594 |  |  |  | 26,786 |
Income before income taxes |  |  | 22,450 |  |  |  | 24,919 |  |  |  | 23,989 |  |  |  | 21,959 |
Net income |  | $ | 20,340 |  |  | $ | 18,425 |  |  | $ | 17,453 |  |  | $ | 16,036 |
Net income per share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.39 |  |  | $ | 0.35 |  |  | $ | 0.33 |  |  | $ | 0.30 |
Diluted |  | $ | 0.38 |  |  | $ | 0.34 |  |  | $ | 0.32 |  |  | $ | 0.30 |
Shares used in per share computations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 52,744 |  |  |  | 53,008 |  |  |  | 53,032 |  |  |  | 52,839 |
Diluted |  |  | 54,012 |  |  |  | 54,195 |  |  |  | 54,302 |  |  |  | 54,119 |
Fiscal 2017 |  | March 31, |  |  | June 30, |  |  | September 29, |  |  | December 29, |
(In thousands, except per share data) |  | 2017 |  |  | 2017 |  |  | 2017 |  |  | 2017 |
Revenues before reimbursements |  | $ | 80,467 |  |  | $ | 84,120 |  |  | $ | 82,359 |  |  | $ | 82,718 |
Revenues |  |  | 84,122 |  |  |  | 87,840 |  |  |  | 87,555 |  |  |  | 88,282 |
Operating income |  |  | 14,634 |  |  |  | 20,317 |  |  |  | 19,305 |  |  |  | 17,795 |
Income before income taxes |  |  | 17,410 |  |  |  | 22,348 |  |  |  | 22,030 |  |  |  | 20,721 |
Net income (loss) |  | $ | 16,576 |  |  | $ | 13,791 |  |  | $ | 14,643 |  |  |  | $ (3,705) (1) |
Net income per share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.32 |  |  | $ | 0.26 |  |  | $ | 0.28 |  |  | $ | (0.07 | )
Diluted |  | $ | 0.31 |  |  | $ | 0.26 |  |  | $ | 0.27 |  |  | $ | (0.07 | )
Shares used in per share computations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 52,604 |  |  |  | 52,830 |  |  |  | 52,740 |  |  |  | 52,726 |
Diluted |  |  | 53,962 |  |  |  | 53,936 |  |  |  | 53,926 |  |  |  | 52,726 |
(1) The decrease in net income and diluted earnings per share during the fourth quarter of 2017 was due to the impact of the tax legislation. During the fourth quarter of 2017, the Company recorded a tax expense of $16,507,000 related to the tax legislation signed into law during the fourth quarter of 2017. The Company has domestic deferred tax assets primarily associated with its deferred compensation plan and stock-based compensation program, which were previously valued at the federal corporate income tax rate of 35%. The Company’s deferred tax assets were re-measured at the lower enacted corporate tax rate of 21% which contributed $15,137,000 to the increase in income tax associated with the tax legislation. The Company also has foreign earnings that were subject to the mandatory repatriation tax. The total mandatory repatriation tax, net of the benefit of its foreign tax credits, contributed $1,370,000 to the increase in income tax expense associated with the tax legislation.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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