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Forgivable Loans
6 Months Ended
Jun. 29, 2019
Forgivable Loans  
Forgivable Loans

3. Forgivable Loans

Forgivable loan activity for the fiscal year-to-date period ended June 29, 2019 and the fiscal year ended December 29, 2018 is as follows (in thousands):

 

 

 

 

 

 

 

 

 

    

June 29,

 

December 29,

 

 

2019

    

2018

Beginning balance

 

$

40,294

 

$

28,628

Advances

 

 

23,883

 

 

30,572

Repayments

 

 

(700)

 

 

(3,396)

Reclassification from accrued expenses

 

 

(1,121)

 

 

Amortization

 

 

(8,804)

 

 

(15,329)

Effects of foreign currency translation

 

 

25

 

 

(181)

Ending balance

 

$

53,577

 

$

40,294

Current portion of forgivable loans

 

$

7,978

 

$

6,104

Non-current portion of forgivable loans

 

$

45,599

 

$

34,190

 

At June 29, 2019, CRA had no other loans to current and former employees included in other assets on the condensed consolidated balance sheet. At December 29, 2018, CRA had other loans to current and former employees included in other assets on the condensed consolidated balance sheet, amounting to $0.1 million,  net of allowances.