XML 21 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2018
Apr. 01, 2017
OPERATING ACTIVITIES:    
Net income $ 4,886 $ 2,830
Adjustments to reconcile net income to net cash used in operating activities, net of effect of acquired businesses:    
Depreciation and amortization 2,223 1,966
Deferred rent 1,896 395
Deferred income taxes (68) 201
Share-based compensation expenses 1,292 1,655
Accounts receivable allowances 174 1,004
Changes in operating assets and liabilities:    
Accounts receivable 3,435 3,061
Unbilled services (8,871) (12,657)
Prepaid expenses and other current asset, and other assets 972 1,865
Forgivable loans (16,045) 2,150
Incentive cash awards 684 245
Accounts payable, accrued expenses, and other liabilities (31,117) (23,086)
Net cash used in operating activities (40,539) (20,371)
INVESTING ACTIVITIES:    
Consideration paid for acquisitions, net   (16,163)
Purchases of property and equipment (3,248) (823)
Net cash used in investing activities (3,248) (16,986)
FINANCING ACTIVITIES:    
Issuance of common stock, principally stock options exercises 535 1,266
Borrowings under revolving line of credit 10,000 6,000
Tax withholding payments reimbursed by restricted shares (1,783) (703)
Cash paid on dividend equivalents (98) (24)
Cash dividends paid to stockholders (1,423) (1,188)
Repurchases of common stock (7,230)  
Net cash provided by financing activities 1 5,351
Effect of foreign exchange rates on cash and cash equivalents 603 295
Net decrease in cash and cash equivalents (43,183) (31,711)
Cash and cash equivalents at beginning of period 54,035 53,530
Cash and cash equivalents at end of period 10,852 21,819
Noncash investing and financing activities:    
Issuance of restricted common stock for acquired business   3,000
Repurchases of common stock payable 1,095  
Purchases of property and equipment not yet paid for 3,923 512
Purchases of property and equipment paid for by a third party   153
Asset retirement obligations 223  
Supplemental cash flow information:    
Cash paid for income taxes 212 281
Cash paid for interest $ 60 $ 78