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Basis of Presentation and General Information (Tables)
12 Months Ended
Dec. 27, 2019
Carrying Amount And Activity Of Goodwill

 

 

 

 

 

 

Hackett

 

 

 

 

 

 

 

The Hackett

 

 

Technology

 

 

 

 

 

 

 

Group

 

 

Solutions

 

 

Total

 

Balance at December 29, 2017

 

 

44,402

 

 

 

40,672

 

 

 

85,074

 

Foreign currency translation adjustment

 

 

(867

)

 

 

 

 

 

(867

)

Balance at December 28, 2018

 

 

43,535

 

 

 

40,672

 

 

 

84,207

 

Foreign currency translation adjustment

 

 

371

 

 

 

 

 

 

371

 

Balance at December 27, 2019

 

$

43,906

 

 

$

40,672

 

 

$

84,578

 

Components Of Other Intangible Assets, Included In Other Assets

 

 

 

 

 

December 27,

 

 

December 28,

 

 

 

 

 

2019

 

 

2018

 

Gross carrying amount

 

 

 

$

27,269

 

 

$

27,269

 

Accumulated amortization

 

 

 

 

(25,274

)

 

 

(24,238

)

Foreign currency translation adjustment

 

 

 

 

121

 

 

 

59

 

 

 

 

 

$

2,116

 

 

$

3,090

 

Summary of Disaggregation of Total Revenue from Continuing Operations Including Reimbursable Expenses

The following table reflects the Company’s disaggregation of total revenue from continuing operations including reimbursable expenses for the quarters and twelve months ended December 27, 2019 and December 28, 2018:

 

 

 

Year Ended

 

 

 

December 27,

 

 

December 28,

 

 

December 29,

 

 

 

2019

 

 

2018

 

 

2017

 

Consulting

 

$

279,043

 

 

$

282,213

 

 

$

272,821

 

Software license sales

 

 

3,429

 

 

 

3,674

 

 

 

3,778

 

Total revenue from continuing operations

 

$

282,472

 

 

$

285,887

 

 

$

276,599

 

Reconciliation Of Basic And Diluted Weighted Average Shares

 

 

Year Ended

 

 

 

December 27,

 

 

December 28,

 

 

December 29,

 

 

 

2019

 

 

2018

 

 

2017

 

Basic weighted average common shares outstanding

 

 

29,804,721

 

 

 

29,378,643

 

 

 

28,852,251

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Unvested restricted stock units and common stock subject to vesting requirements issued to employees

 

 

307,422

 

 

 

565,950

 

 

 

1,002,380

 

Common stock issuable upon the exercise of stock options and SARs

 

 

2,340,450

 

 

 

2,385,813

 

 

 

2,341,501

 

Dilutive weighted average common shares outstanding

 

 

32,452,593

 

 

 

32,330,406

 

 

 

32,196,132

 

European REL Working Capital group [Member]  
Summary of Discontinued Operations

The following table includes the carrying amounts of the major classes of assets and liabilities presented in discontinued operations in our consolidated balance sheet:

 

 

 

December 27,

 

 

December 28,

 

 

 

2019

 

 

2018

 

ASSETS

 

 

 

 

 

 

 

 

Accounts receivable and unbilled revenue, net of allowance of $0 and $0

     at December 27, 2019 and December 28, 2018, respectively

 

$

-

 

 

$

137

 

Assets related to discontinued operations

 

$

-

 

 

$

137

 

 

 

 

 

 

 

 

 

 

LIABILITIES

 

 

 

 

 

 

 

 

Accrued expenses and other liabilities (1)

 

$

-

 

 

$

2,300

 

Liabilities related to discontinued operations

 

$

-

 

 

$

2,300

 

 

 

 

 

 

 

 

 

 

(1) The balance at December 28, 2018, primarily represents the accrued severance related to terminated employees.

The following table presents the gain and loss results for our discontinued operations:

 

 

 

Year Ended

 

 

 

December 27,

 

 

December 28,

 

 

December 29,

 

 

 

2019

 

 

2018

 

 

2017

 

Revenue:

 

 

 

 

 

 

 

 

 

 

 

 

Revenue before reimbursements

 

$

75

 

 

$

2,519

 

 

$

8,121

 

Reimbursements

 

 

17

 

 

 

496

 

 

 

1,142

 

Total revenue

 

 

92

 

 

 

3,015

 

 

 

9,263

 

Costs and expenses:

 

 

 

 

 

 

 

 

 

 

 

 

Cost of service:

 

 

 

 

 

 

 

 

 

 

 

 

Personnel costs before reimbursable expenses

 

 

28

 

 

 

5,340

 

 

 

4,449

 

Reimbursable expenses

 

 

17

 

 

 

496

 

 

 

1,142

 

Total cost of service

 

 

45

 

 

 

5,836

 

 

 

5,591

 

Selling, general and administrative costs

 

 

52

 

 

 

1,210

 

 

 

1,554

 

Total costs and operating expenses

 

 

97

 

 

 

7,046

 

 

 

7,145

 

Income from discontinued operations before income taxes

 

 

(5

)

 

 

(4,031

)

 

 

2,118

 

Income tax expense (benefit)

 

 

1

 

 

 

(581

)

 

 

320

 

Gain (loss) from discontinued operations

 

$

(6

)

 

$

(3,450

)

 

$

1,798