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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 02, 2021
Jun. 26, 2020
Cash flows from operating activities:    
Net income $ 16,893 $ 1,594
Less loss from discontinued operations (7) (8)
Net income from continuing operations 16,900 1,602
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense 1,723 1,683
Amortization expense 524 475
Amortization of debt issuance costs 22 47
Non-cash stock compensation expense 5,240 4,572
Provision for doubtful accounts 38 211
Loss (gain) on foreign currency translation 88 (368)
Deferred income tax expense 690 362
Changes in assets and liabilities:    
(Increase) decrease in accounts receivable and contract assets (14,554) 13,206
Decrease (increase) in prepaid expenses and other assets 528 (665)
Decrease in accounts payable (1,383) (3,755)
Increase in accrued expenses and other liabilities 7,265 3,557
Increase in income tax payable 2,577 149
Net cash provided by operating activities 19,651 21,068
Cash flows from investing activities:    
Purchases of property and equipment (1,417) (1,349)
Net cash used in investing activities (1,417) (1,349)
Cash flows from financing activities:    
Proceeds from ESPP 391 374
Dividends paid (3,253) (5,791)
Repurchase of common stock (12,357) (2,983)
Net cash used in financing activities (15,219) (8,400)
Effect of exchange rate on cash (17) 97
Net increase in cash and cash equivalents 2,998 11,416
Cash at beginning of period 49,455 25,954
Cash at end of period 52,453 37,370
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 2,710 325
Cash paid for interest $ 14 $ 28