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Segment Reporting | 12 Months Ended
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Dec. 28, 2024
Segment Reporting [Abstract] |
Segment Reporting | Segment Reporting CRA manages its business globally within one operating segment, professional and consulting services, in accordance with ASC Topic 280, Segment Reporting (“ASC 280”). Financial information is provided to and evaluated regularly by the chief operating decision maker, which is our Chief Executive Officer. Segment information is consistent with how management reviews the business, makes investing and resource allocation decisions and assesses operating performance. CRA derives revenues by providing professional and consulting services to clients on economic, financial, litigation, and regulatory matters. We support corporate clients and attorneys with high-quality research, analysis, and expert testimony in a wide range of litigation and regulatory proceedings. In addition to litigation support, our management consulting services leverage our expertise in economics, finance, and business analysis to assist clients with strategy development, performance improvement, corporate strategy, and market analysis. We serve clients across a broad spectrum of industries, including blockchain and cryptocurrency, communications and media, consumer products, health and wellness, energy, entertainment and leisure, financial services, healthcare, life sciences, manufacturing and industrials, natural resources, retail and distribution, technology, and transportation. Our services encompass key areas such as finance, accounting, economics, insurance, and forensic accounting, including investigations. The accounting policies of the professional and consulting services segment are the same as those described in Note 1. The chief operating decision maker assesses performance for the professional and consulting services segment and decides how to allocate resources based on consolidated net income that is also reported in the consolidated statements of operations as net income. The measure of segment assets is reported in the consolidated balance sheets as total assets. The chief operating decision maker uses consolidated net income to evaluate income generated from segment assets and monitor operating costs to make decisions on the use of operating cash flows, including discretionary investments in capital assets. Consolidated net income is used to monitor budget versus actual results which are used in assessing CRA's performance and in establishing discretionary compensation, talent acquisition and retention, sales targets, pricing, and other sales and operating cost decisions. The following table represents consolidated net income reported by segment revenue, segment profit or loss, and significant segment expenses for the fiscal years ended December 28, 2024, December 30, 2023, and December 31, 2022, respectively (in thousands):
|  | Year Ended |  | Year Ended |  | Year Ended |
|  | December 28, 2024 |  | December 30, 2023 |  | December 31, 2022 |
Revenues |  | $ | 687,414 |  |  | $ | 623,976 |  |  | $ | 590,901 |  |
Employee compensation and fringe benefit costs |  | 418,717 |  |  | 378,611 |  |  | 350,225 |  |
Forgivable loan amortization |  | 31,055 |  |  | 24,198 |  |  | 24,403 |  |
Client reimbursable expenses |  | 65,739 |  |  | 65,277 |  |  | 63,318 |  |
Other segment expense 1 |  | 105,661 |  |  | 103,602 |  |  | 94,155 |  |
Provision for income taxes |  | 19,589 |  |  | 13,807 |  |  | 15,181 |  |
Segment net income |  | 46,653 |  |  | 38,481 |  |  | 43,619 |  |
Reconciliation of profit or loss |  |  |  |  |  |  |
Adjustments and reconciling items |  | — |  |  | — |  |  | — |  |
Consolidated net income |  | $ | 46,653 |  |  | $ | 38,481 |  |  | $ | 43,619 |  |
1 Other segment expenses included in segment net income includes, rent, commissions to non-employee experts, legal and professional services, software subscription and data services, travel and entertainment expenses, training and marketing expenses, other operating expenses, depreciation and amortization, interest expense, net, and foreign currency gains (losses), net. |

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- Definition The entire disclosure for reporting segments including data and tables. 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