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Segment Reporting
6 Months Ended
Jun. 28, 2025
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. The accounting policies of the professional and consulting services segment are the same as those described in Note 1 of our Annual Report on Form 10-K for the fiscal year ended December 28, 2024, filed with the SEC on February 20, 2025.
The chief operating decision maker, which is our Chief Executive Officer, 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 condensed consolidated statements of operations as net income. The measure of segment assets is reported in the condensed consolidated balance sheets as total assets.
The following table represents consolidated net income reported by segment revenue, segment profit or loss, and significant segment expenses (in thousands):
Fiscal Quarter EndedFiscal Year-to-Date
Period Ended
June 28,
2025
June 29,
2024
June 28,
2025
June 29,
2024
Revenues$186,878 $171,442 $368,729 $343,230 
Employee compensation and fringe benefit costs110,860 106,270 223,657 211,417 
Forgivable loan amortization7,428 11,985 14,080 17,757 
Client reimbursable expenses19,615 16,361 36,121 33,423 
Other segment expense (1)
31,859 27,212 53,111 52,007 
Provision for income taxes4,994 3,076 11,636 8,397 
Segment net income12,122 6,538 30,124 20,229 
Reconciliation of profit or loss
Adjustments and reconciling items— — — — 
Consolidated net income$12,122 $6,538 $30,124 $20,229 
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.