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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Oct. 02, 2021
Jan. 02, 2021
Current assets:    
Cash and cash equivalents $ 19,665 $ 45,677
Accounts receivable, net of allowances of $3,915 at October 2, 2021 and $3,595 at January 2, 2021 108,035 111,595
Unbilled services, net of allowances of $1,204 at October 2, 2021 and $1,000 at January 2, 2021 65,799 40,881
Prepaid expenses and other current assets 10,740 7,068
Forgivable loans 9,662 14,749
Total current assets 213,901 219,970
Property and equipment, net 55,577 62,878
Goodwill 88,966 89,187
Intangible assets, net 4,400 5,108
Right-of-use assets 113,759 122,144
Deferred income taxes 11,125 9,667
Forgivable loans, net of current portion 40,387 46,864
Other assets 1,792 2,692
Total assets 529,907 558,510
Current liabilities:    
Accounts payable 22,916 19,430
Accrued expenses 128,701 136,376
Deferred revenue and other liabilities 5,826 9,866
Current portion of lease liabilities 14,188 13,557
Current portion of deferred compensation 4,439 20,902
Revolving line of credit 6,000 0
Total current liabilities 182,070 200,131
Non-current liabilities:    
Deferred compensation and other non-current liabilities 14,074 9,188
Non-current portion of lease liabilities 128,565 139,447
Deferred income taxes 913 725
Total non-current liabilities 143,552 149,360
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; 7,396,296 and 7,693,497 shares issued and outstanding at October 2, 2021 and January 2, 2021, respectively 676 503
Retained earnings 213,367 216,999
Accumulated other comprehensive loss (9,758) (8,483)
Total shareholders’ equity 204,285 209,019
Total liabilities and shareholders’ equity $ 529,907 $ 558,510