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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Jul. 03, 2021
Jan. 02, 2021
Current assets:    
Cash and cash equivalents $ 13,977 $ 45,677
Accounts receivable, net of allowances of $3,959 at July 3, 2021 and $3,595 at January 2, 2021 113,105 111,595
Unbilled services, net of allowances of $1,430 at July 3, 2021 and $1,000 at January 2, 2021 60,789 40,881
Prepaid expenses and other current assets 11,549 7,068
Forgivable loans 8,654 14,749
Total current assets 208,074 219,970
Property and equipment, net 57,997 62,878
Goodwill 89,243 89,187
Intangible assets, net 4,620 5,108
Right-of-use assets 116,868 122,144
Deferred income taxes 10,980 9,667
Forgivable loans, net of current portion 44,940 46,864
Other assets 2,243 2,692
Total assets 534,965 558,510
Current liabilities:    
Accounts payable 23,880 19,430
Accrued expenses 99,443 136,376
Deferred revenue and other liabilities 6,044 9,866
Current portion of lease liabilities 14,088 13,557
Current portion of deferred compensation 2,773 20,902
Revolving line of credit 45,000 0
Total current liabilities 191,228 200,131
Non-current liabilities:    
Deferred compensation and other non-current liabilities 12,487 9,188
Non-current portion of lease liabilities 132,488 139,447
Deferred income taxes 931 725
Total non-current liabilities 145,906 149,360
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, no par value; 1,000,000 shares authorized; none issued and outstanding 0 0
Common stock, no par value; 25,000,000 shares authorized; 7,339,322 and 7,693,497 shares issued and outstanding at July 3, 2021 and January 2, 2021, respectively 1,985 503
Retained earnings 204,576 216,999
Accumulated other comprehensive loss (8,730) (8,483)
Total shareholders’ equity 197,831 209,019
Total liabilities and shareholders’ equity $ 534,965 $ 558,510