XML 41 R22.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Quarterly Financial Data (Unaudited) | 12 Months Ended
--- | ---
Dec. 31, 2016
Quarterly Financial Data (Unaudited) |
Quarterly Financial Data (Unaudited) | 15. Quarterly Financial Data (Unaudited)
|  | Quarter Ended |
|  | April 2, 2016 |  | July 2, 2016 |  | October 1, 2016 |  | December 31, 2016 |
|  | (In thousands, except per share data) |
Revenues |  | $ | 80,912 |  | $ | 82,607 |  | $ | 81,691 |  | $ | 79,569 |
Gross profit |  |  | 25,397 |  |  | 24,657 |  |  | 23,859 |  |  | 23,486 |
Income from operations |  |  | 4,326 |  |  | 5,680 |  |  | 5,297 |  |  | 3,615 |
Income before provision for income taxes |  |  | 4,185 |  |  | 9,269 |  |  | 5,060 |  |  | 3,375 |
Net income |  |  | 2,239 |  |  | 6,767 |  |  | 3,151 |  |  | 2,076 |
Net (income) loss attributable to noncontrolling interest, net of tax |  |  | 184 |  |  | (1,552 | ) |  | 42 |  |  | (18 | )
Net income attributable to CRA International, Inc. |  | $ | 2,423 |  | $ | 5,215 |  | $ | 3,193 |  | $ | 2,058 |
Basic net income per share |  | $ | 0.27 |  | $ | 0.60 |  | $ | 0.39 |  | $ | 0.25 |
Diluted net income per share |  | $ | 0.27 |  | $ | 0.59 |  | $ | 0.38 |  | $ | 0.24 |
Weighted average number of shares outstanding: |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 8,871 |  |  | 8,695 |  |  | 8,177 |  |  | 8,269 |
Diluted |  |  | 8,927 |  |  | 8,779 |  |  | 8,309 |  |  | 8,443 |
|  | Quarter Ended |
|  | April 4, 2015 |  | July 4, 2015 |  | October 3, 2015 |  | January 2, 2016 |
|  | (In thousands, except per share data) |
Revenues |  | $ | 78,039 |  | $ | 76,535 |  | $ | 76,525 |  | $ | 72,460 |
Gross profit |  |  | 24,220 |  |  | 25,860 |  |  | 24,496 |  |  | 21,333 |
Income (loss) from operations |  |  | 4,476 |  |  | 5,648 |  |  | 4,581 |  |  | (2,310 | )
Income (loss) before provision for income taxes |  |  | 4,631 |  |  | 5,391 |  |  | 4,346 |  |  | (2,553 | )
Net income (loss) |  |  | 2,899 |  |  | 3,202 |  |  | 2,813 |  |  | (2,589 | )
Net (income) loss attributable to noncontrolling interest, net of tax |  |  | (120 | ) |  | 123 |  |  | 47 |  |  | 1,282 |
Net income (loss) attributable to CRA International, Inc. |  | $ | 2,779 |  | $ | 3,325 |  | $ | 2,860 |  | $ | (1,307 | )
Basic net income (loss) per share |  | $ | 0.30 |  | $ | 0.37 |  | $ | 0.32 |  | $ | (0.15 | )
Diluted net income (loss) per share |  | $ | 0.30 |  | $ | 0.36 |  | $ | 0.31 |  | $ | (0.15 | )
Weighted average number of shares outstanding: |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 9,190 |  |  | 9,034 |  |  | 8,940 |  |  | 8,876 |
Diluted |  |  | 9,403 |  |  | 9,253 |  |  | 9,025 |  |  | 8,876 |
Total net income (loss) per share was computed using the two-class method earnings allocation formula when there were earnings to distribute to participating securities in a given quarter. In those quarters above that include a net loss for the quarter, the two-class method would not apply. As such, the aggregate net income (loss) per share for fiscal 2015 as a whole would not agree in the aggregate with the quarterly information presented above. During the fourth quarter of fiscal 2015, GNU incurred an impairment loss of $4.5 million. After considering taxes and allocation of net losses to noncontrolling interest, the net charge amounted to $1.6 million. During the fourth quarter of fiscal 2015, CRA identified a prior period error, relating to client reimbursable revenue and expenses, and recorded an adjustment of $0.7 million to revenue and $0.3 million to pre-tax income to correct this error. CRA concluded that this error was not material to its prior reporting periods.

X
- References No definition available. + Details
Name: | us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=51655806&loc=d3e765-108305 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=51825399&loc=d3e1280-108306 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=51655806&loc=d3e725-108305 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a + Details
Name: | us-gaap_QuarterlyFinancialInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration