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Basis of Presentation and General Information (Tables)
12 Months Ended
Jan. 01, 2021
Carrying Amount And Activity Of Goodwill

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The Hackett

 

 

Hackett Technology

 

 

 

 

 

 

 

Group

 

 

Solutions

 

 

Total

 

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

 

Foreign currency translation adjustment

 

 

719

 

 

 

 

 

 

719

 

Balance at January 1, 2021

 

$

44,625

 

 

$

40,672

 

 

$

85,297

 

Components Of Other Intangible Assets, Included In Other Assets

 

 

 

 

 

January 1,

 

 

December 27,

 

 

 

 

 

2021

 

 

2019

 

Gross carrying amount

 

 

 

$

27,269

 

 

$

27,269

 

Accumulated amortization

 

 

 

 

(26,251

)

 

 

(25,274

)

Foreign currency translation adjustment

 

 

 

 

152

 

 

 

121

 

 

 

 

 

$

1,170

 

 

$

2,116

 

Summary of Disaggregation of Revenue before Reimbursements from Continuing Operations

The following table reflects the Company’s disaggregation of revenue before reimbursements from continuing operations for the twelve months ended January 1, 2021 and December 27, 2019:

 

 

 

Year Ended

 

 

 

January 1,

 

 

December 27,

 

 

December 28,

 

 

 

2021

 

 

2019

 

 

2018

 

Consulting

 

$

228,080

 

 

$

257,423

 

 

$

260,853

 

Software license sales

 

 

6,730

 

 

 

3,414

 

 

 

3,670

 

Revenue before reimbursements from continuing operations

 

$

234,810

 

 

$

260,837

 

 

$

264,523

 

Reconciliation Of Basic And Diluted Weighted Average Shares

The following table reconciles basic and diluted weighted average shares:

 

 

 

Year Ended

 

 

 

January 1,

 

 

December 27,

 

 

December 28,

 

 

 

2021

 

 

2019

 

 

2018

 

Basic weighted average common shares outstanding

 

 

29,988,244

 

 

 

29,804,721

 

 

 

29,378,643

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

212,496

 

 

 

307,422

 

 

 

565,950

 

Common stock issuable upon the exercise of stock options and SARs

 

 

2,203,796

 

 

 

2,340,450

 

 

 

2,385,813

 

Dilutive weighted average common shares outstanding

 

 

32,404,536

 

 

 

32,452,593

 

 

 

32,330,406

 

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

The following table presents the gain and loss results for the Company’s discontinued operations (in thousands):

 

 

 

Year Ended

 

 

 

 

January 1,

 

 

December 27,

 

 

December 28,

 

 

 

2021

 

 

2019

 

 

2018

 

Revenue:

 

 

 

 

 

 

 

 

 

 

 

 

Revenue before reimbursements

 

$

-

 

 

$

75

 

 

$

2,519

 

Reimbursements

 

 

 

 

 

17

 

 

 

496

 

Total revenue

 

 

 

 

 

92

 

 

 

3,015

 

Costs and expenses:

 

 

 

 

 

 

 

 

 

 

 

 

Cost of service:

 

 

 

 

 

 

 

 

 

 

 

 

Personnel costs before reimbursable expenses

 

 

8

 

 

 

28

 

 

 

5,340

 

Reimbursable expenses

 

 

 

 

 

17

 

 

 

496

 

Total cost of service

 

 

8

 

 

 

45

 

 

 

5,836

 

Selling, general and administrative costs

 

 

165

 

 

 

52

 

 

 

1,210

 

Total costs and operating expenses

 

 

173

 

 

 

97

 

 

 

7,046

 

Loss from discontinued operations before income taxes

 

 

(173

)

 

 

(5

)

 

 

(4,031

)

Income tax (benefit) expense

 

 

(1

)

 

 

1

 

 

 

(581

)

Loss from discontinued operations

 

$

(172

)

 

$

(6

)

 

$

(3,450

)