XML 38 R19.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Net Income Per Share | 12 Months Ended
--- | ---
Dec. 28, 2024
Earnings Per Share [Abstract] |
Net Income Per Share | Net Income Per Share CRA calculates basic earnings per share using the two-class method. CRA calculates diluted earnings per share using the more dilutive of either the two-class method or treasury stock method. The two-class method was more dilutive for fiscal 2024, fiscal 2023, and fiscal 2022. Under the two-class method, net earnings are allocated to each class of common stock and participating security as if all the net earnings for the period had been distributed. CRA's participating securities consist of unvested share-based payment awards that contain a nonforfeitable right to receive dividends and therefore are considered to participate in undistributed earnings with common shareholders. Net earnings allocable to these participating securities were not material for fiscal 2024, fiscal 2023, and fiscal 2022. The following table presents the calculation of basic and diluted net income per share (in thousands, except per share data):
|  | Year Ended |  | Year Ended |  | Year Ended
|  | December 28, 2024 |  | December 30, 2023 |  | December 31, 2022
Numerator: |  |  |  |  |  |
Net income — basic |  | $ | 46,653 |  |  | $ | 38,481 |  |  | $ | 43,619 |
Less: net income attributable to participating shares |  | 127 |  |  | 136 |  |  | 167 |
Net income — diluted |  | $ | 46,526 |  |  | $ | 38,345 |  |  | $ | 43,452 |
Denominator: |  |  |  |  |  |
Weighted average shares outstanding — basic |  | 6,821 |  |  | 7,008 |  |  | 7,218 |
Effect of dilutive stock options and restricted stock units |  | 87 |  |  | 110 |  |  | 137 |
Weighted average shares outstanding — diluted |  | 6,908 |  |  | 7,118 |  |  | 7,355 |
Net income per share: |  |  |  |  |  |
Basic |  | $ | 6.82 |  |  | $ | 5.48 |  |  | $ | 6.02 |
Diluted |  | $ | 6.74 |  |  | $ | 5.39 |  |  | $ | 5.91 |
Certain share-based awards were anti-dilutive because their exercise price exceeded the average market price over the respective period. The following table presents the anti-dilutive share-based awards that were excluded from the calculation of common stock equivalents for purposes of computing diluted weighted average shares outstanding (in thousands):
| Year Ended |  | Year Ended |  | Year Ended
| December 28, 2024 |  | December 30, 2023 |  | December 31, 2022
Anti-dilutive share-based awards excluded | 1 |  |  | 7 |  |  | — |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration