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GNU Interest | 12 Months Ended
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Jan. 02, 2021
GNU Interest |
GNU Interest | GNU InterestIn fiscal 2016, a buyer acquired substantially all of the business assets and assumed substantially all of the liabilities of GNU. On December 15, 2017, GNU was dissolved. CRA received a final liquidating distribution from GNU in fiscal 2018 and recognized a gain of $0.3 million.Prior to liquidation of GNU on December 18, 2018, CRA's ownership interest in GNU was 55.89%. GNU's financial results had been consolidated with CRA, and the portion of GNU's results allocable to its other owners was shown as "noncontrolling interest." GNU's reporting schedule and fiscal year differed from CRA's. The reporting lag did not have a significant impact on CRA's consolidated statements of operations or financial condition.

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