XML 62 R6.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Jan. 03, 2015
Dec. 28, 2013
Dec. 29, 2012
Operating activities:      
Net income (loss) $ 13,407us-gaap_ProfitLoss $ 11,235us-gaap_ProfitLoss $ (52,843)us-gaap_ProfitLoss
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities, net of effect of acquired businesses:      
Depreciation and amortization 6,438us-gaap_DepreciationDepletionAndAmortization 6,460us-gaap_DepreciationDepletionAndAmortization 5,841us-gaap_DepreciationDepletionAndAmortization
Loss on disposal of property and equipment 28us-gaap_GainLossOnDispositionOfAssets 16us-gaap_GainLossOnDispositionOfAssets 1,444us-gaap_GainLossOnDispositionOfAssets
Goodwill impairment 0us-gaap_GoodwillImpairmentLoss 0us-gaap_GoodwillImpairmentLoss 71,394us-gaap_GoodwillImpairmentLoss
Deferred rent 220us-gaap_StraightLineRent (1,903)us-gaap_StraightLineRent (4,475)us-gaap_StraightLineRent
Deferred income taxes (1,431)us-gaap_DeferredIncomeTaxExpenseBenefit 3,924us-gaap_DeferredIncomeTaxExpenseBenefit (9,882)us-gaap_DeferredIncomeTaxExpenseBenefit
Share-based compensation expenses 5,619us-gaap_ShareBasedCompensation 3,035us-gaap_ShareBasedCompensation 4,947us-gaap_ShareBasedCompensation
Excess tax benefits from share-based compensation (392)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities (7)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities (81)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
Accounts receivable allowances (2,996)crai_IncreaseDecreaseInAllowanceForDoubtfulAccountsReceivable (2,186)crai_IncreaseDecreaseInAllowanceForDoubtfulAccountsReceivable 2,814crai_IncreaseDecreaseInAllowanceForDoubtfulAccountsReceivable
Changes in operating assets and liabilities:      
Accounts receivable 1,929us-gaap_IncreaseDecreaseInAccountsReceivable 9,917us-gaap_IncreaseDecreaseInAccountsReceivable 10,271us-gaap_IncreaseDecreaseInAccountsReceivable
Unbilled services (738)us-gaap_IncreaseDecreaseInUnbilledReceivables (2,997)us-gaap_IncreaseDecreaseInUnbilledReceivables (4,674)us-gaap_IncreaseDecreaseInUnbilledReceivables
Prepaid expenses and other current assets, and other assets (86)crai_IncreaseDecreaseInPrepaidExpensesAndOtherAssets (20,160)crai_IncreaseDecreaseInPrepaidExpensesAndOtherAssets (19,870)crai_IncreaseDecreaseInPrepaidExpensesAndOtherAssets
Accounts payable, accrued expenses, and other liabilities 8,152us-gaap_IncreaseDecreaseInOperatingLiabilities 11,114us-gaap_IncreaseDecreaseInOperatingLiabilities (13,411)us-gaap_IncreaseDecreaseInOperatingLiabilities
Net cash provided by (used in) operating activities 30,150us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 18,448us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (8,525)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
INVESTING ACTIVITIES      
Consideration relating to acquisitions, net (1,784)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired (15,591)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired  
Purchase of property and equipment (4,192)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (2,816)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (2,732)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Purchase of investments     (9,494)us-gaap_PaymentsToAcquireInvestments
Sale of investments     23,989us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments
Collections on notes receivable 114us-gaap_ProceedsFromSaleAndCollectionOfNotesReceivable 14us-gaap_ProceedsFromSaleAndCollectionOfNotesReceivable 989us-gaap_ProceedsFromSaleAndCollectionOfNotesReceivable
Net cash (used in) provided by investing activities (5,862)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (18,393)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations 12,752us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Financing activities:      
Issuance of common stock, principally stock option exercises 469us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions 207us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions 647us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
Borrowings under line of credit   17,320us-gaap_ProceedsFromLinesOfCredit  
payments under line of credit   (17,320)us-gaap_RepaymentsOfLinesOfCredit  
Payments on notes payable (26)us-gaap_RepaymentsOfNotesPayable (700)us-gaap_RepaymentsOfNotesPayable (650)us-gaap_RepaymentsOfNotesPayable
Payments of debt issuance costs   (1,120)us-gaap_PaymentsOfDebtIssuanceCosts  
Tax withholding payment reimbursed by restricted shares (1,222)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation (730)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation (1,360)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation
Excess tax benefits from share-based compensation 392us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 7us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 81us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Repurchase of common stock (25,492)us-gaap_PaymentsForRepurchaseOfCommonStock (2,190)us-gaap_PaymentsForRepurchaseOfCommonStock (9,062)us-gaap_PaymentsForRepurchaseOfCommonStock
Net cash used in financing activities (25,879)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (4,526)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (10,344)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Effect of foreign exchange rates on cash and cash equivalents (1,461)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations 271us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations (19)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
Net decrease in cash and cash equivalents (3,052)us-gaap_NetCashProvidedByUsedInContinuingOperations (4,200)us-gaap_NetCashProvidedByUsedInContinuingOperations (6,136)us-gaap_NetCashProvidedByUsedInContinuingOperations
Cash and cash equivalents at beginning of period 51,251us-gaap_CashAndCashEquivalentsAtCarryingValue 55,451us-gaap_CashAndCashEquivalentsAtCarryingValue 61,587us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period 48,199us-gaap_CashAndCashEquivalentsAtCarryingValue 51,251us-gaap_CashAndCashEquivalentsAtCarryingValue 55,451us-gaap_CashAndCashEquivalentsAtCarryingValue
Noncash investing and financing activities:      
Issuance of common stock for acquired business 427crai_NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationAmount    
Supplemental cash flow information:      
Cash paid for taxes 15,580us-gaap_IncomeTaxesPaidNet 2,887us-gaap_IncomeTaxesPaidNet 8,718us-gaap_IncomeTaxesPaidNet
Cash paid for interest $ 443us-gaap_InterestPaid $ 339us-gaap_InterestPaid $ 223us-gaap_InterestPaid