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Correction
3 Months Ended
Mar. 30, 2019
Correction  
Correction

12. Correction 

During fiscal 2018, CRA determined that the accounts receivable allowances presented on the December 30, 2017 consolidated balance sheet required adjustment. This adjustment in disclosure is immaterial and had no effect on the amount of accounts receivable presented on the December 30, 2017 consolidated balance sheet. As a result of the adjustment, a classification change was required within the operating activities portion of the consolidated statement of cash flows. As of December 29, 2018, these adjustments were corrected and the accounts receivable and accounts receivable allowances were properly presented within the consolidated financial statements. Since the correction was discovered in the second quarter of fiscal 2018, the consolidated statement of cash flows for the first quarter of fiscal 2018 requires adjustment. These adjustments are immaterial and have no effect on the net cash used in operating activities.

The following table presents the total classification changes required related to these adjustments (in thousands):

 

 

 

 

 

 

 

 

 

For the quarter ended

 

 

March 31, 2018

 

    

As previously

    

 

 

 

 

reported

 

As revised

Accounts receivable allowances

 

$

174

 

$

452

Accounts receivable

 

$

3,435

 

$

2,958

Unbilled services

 

$

(8,871)

 

$

(8,672)

Net cash used in operating activities

 

$

(40,539)

 

$

(40,539)