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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 01, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 14,668 $ 53,530
Accounts receivable, net of allowances of $6,910 at July 1, 2017 and $4,253 at December 31, 2016 71,554 66,852
Unbilled services, net of allowances of $2,695 at July 1, 2017 and $1,720 at December 31, 2016 38,868 24,937
Prepaid expenses and other current assets 13,635 19,295
Forgivable loans 7,319 5,897
Total current assets 146,044 170,511
Property and equipment, net 36,854 36,381
Goodwill 87,740 74,764
Intangible assets, net 10,227 2,685
Deferred income taxes 10,083 10,049
Forgivable loans, net of current portion 22,211 28,065
Other assets 1,169 1,187
Total assets 314,328 323,642
Current liabilities:    
Accounts payable 15,607 13,729
Accrued expenses 59,716 75,281
Deferred revenue and other liabilities 2,857 3,021
Current portion of deferred rent 1,010 1,499
Current portion of deferred compensation 597 570
Total current liabilities 79,787 94,100
Non-current liabilities:    
Deferred rent and facility-related non-current liabilities 17,029 15,191
Deferred compensation and other non-current liabilities 8,069 6,346
Deferred income taxes 315 122
Total non-current liabilities 25,413 21,659
Commitments and contingencies (Note 16)
Shareholders' equity:    
Preferred stock, no par value; 1,000,000 shares authorized; none issued and outstanding
Common stock, no par value; 25,000,000 shares authorized; 8,197,612 and 8,333,990 shares issued and outstanding at July 1, 2017 and December 31, 2016, respectively 48,753 54,124
Retained earnings 171,122 166,914
Accumulated other comprehensive loss (11,481) (13,818)
Total CRA International, Inc. shareholders' equity 208,394 207,220
Noncontrolling interest 734 663
Total shareholders' equity 209,128 207,883
Total liabilities and shareholders' equity $ 314,328 $ 323,642