XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jul. 01, 2022
Jul. 02, 2021
Jul. 01, 2022
Jul. 02, 2021
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME        
Contract revenue $ 102,645 $ 84,154 $ 194,483 $ 163,240
Direct costs of contract revenue (inclusive of directly related depreciation and amortization):        
Salaries and wages 21,284 16,366 40,094 32,186
Subcontractor services and other direct costs 49,771 36,902 91,439 68,036
Total direct costs of contract revenue 71,055 53,268 131,533 100,222
General and administrative expenses:        
Salaries and wages, payroll taxes and employee benefits 20,439 18,712 39,796 38,156
Facilities and facility related 2,373 2,379 4,771 5,022
Stock-based compensation 1,714 5,933 5,019 10,139
Depreciation and amortization 4,426 4,224 8,835 8,411
Other 7,936 6,710 15,435 12,551
Total general and administrative expenses 36,888 37,958 73,856 74,279
Income (Loss) from operations (5,298) (7,072) (10,906) (11,261)
Other income (expense):        
Interest expense, net (1,030) (1,099) (1,781) (2,163)
Other, net 329 (93) 526 (64)
Total other expense, net (701) (1,192) (1,255) (2,227)
Income (Loss) before income taxes (5,999) (8,264) (12,161) (13,488)
Income tax (benefit) expense (1,673) (3,663) (4,062) (5,121)
Net income (loss) (4,326) (4,601) (8,099) (8,367)
Other comprehensive income (loss):        
Unrealized gain (loss) on derivative contracts, net of tax   104 38 232
Comprehensive income (loss) $ (4,326) $ (4,497) $ (8,061) $ (8,135)
Earnings (loss) per share:        
Basic (in dollars per share) $ (0.33) $ (0.37) $ (0.63) $ (0.68)
Diluted (in dollars per share) $ (0.33) $ (0.37) $ (0.63) $ (0.68)
Weighted-average shares outstanding:        
Basic (in shares) 13,016 12,421 12,901 12,284
Diluted (in shares) 13,016 12,421 12,901 12,284