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Basis of Presentation and General Information (Tables)
12 Months Ended
Dec. 31, 2021
Carrying Amount And Activity Of Goodwill

 

 

 

 

 

 

Hackett

 

 

 

 

 

 

 

The Hackett

 

 

Technology

 

 

 

 

 

 

 

Group

 

 

Solutions

 

 

Total

 

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

 

Foreign currency translation adjustment

 

 

(227

)

 

 

 

 

 

(227

)

Balance at December 31, 2021

 

$

44,398

 

 

$

40,672

 

 

$

85,070

 

Components Of Other Intangible Assets, Included In Other Assets

 

 

 

 

 

December 31,

 

 

January 1,

 

 

 

 

 

2021

 

 

2021

 

Gross carrying amount

 

 

 

$

27,269

 

 

$

27,269

 

Accumulated amortization

 

 

 

 

(27,110

)

 

 

(26,092

)

Foreign currency translation adjustment

 

 

 

 

 

 

 

(7

)

 

 

 

 

$

159

 

 

$

1,170

 

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 December 31, 2021, and January 1, 2021:

 

 

 

Year Ended

 

 

 

December 31,

 

 

January 1,

 

 

December 27,

 

 

 

2021

 

 

2021

 

 

2019

 

Consulting

 

$

267,282

 

 

$

228,080

 

 

$

257,423

 

Software license sales

 

 

10,301

 

 

 

6,730

 

 

 

3,414

 

Revenue before reimbursements from continuing operations

 

$

277,583

 

 

$

234,810

 

 

$

260,837

 

Reconciliation Of Basic And Diluted Weighted Average Shares

The following table reconciles basic and diluted weighted average shares:

 

 

 

Year Ended

 

 

 

December 31,

 

 

January 1,

 

 

December 27,

 

 

 

2021

 

 

2021

 

 

2019

 

Basic weighted average common shares outstanding

 

 

30,021,097

 

 

 

29,988,244

 

 

 

29,804,721

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

529,535

 

 

 

212,496

 

 

 

307,422

 

Common stock issuable upon the exercise of stock options and SARs

 

 

2,331,976

 

 

 

2,203,796

 

 

 

2,340,450

 

Dilutive weighted average common shares outstanding

 

 

32,882,608

 

 

 

32,404,536

 

 

 

32,452,593

 

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

 

 

 

December 31,

 

 

January 1,

 

 

December 27,

 

 

 

2021

 

 

2021

 

 

2019

 

Revenue:

 

 

 

 

 

 

 

 

 

 

 

 

Revenue before reimbursements

 

$

-

 

 

$

-

 

 

$

75

 

Reimbursements

 

 

 

 

 

 

 

 

17

 

Total revenue

 

 

 

 

 

 

 

 

92

 

Costs and expenses:

 

 

 

 

 

 

 

 

 

 

 

 

Cost of service:

 

 

 

 

 

 

 

 

 

 

 

 

Personnel costs before reimbursable expenses

 

 

7

 

 

 

8

 

 

 

28

 

Reimbursable expenses

 

 

 

 

 

 

 

 

17

 

Total cost of service

 

 

7

 

 

 

8

 

 

 

45

 

Selling, general and administrative costs

 

 

 

 

 

165

 

 

 

52

 

Total costs and operating expenses

 

 

7

 

 

 

173

 

 

 

97

 

Loss from discontinued operations before income taxes

 

 

(7

)

 

 

(173

)

 

 

(5

)

Income tax (benefit) expense

 

 

 

 

 

(1

)

 

 

1

 

Loss from discontinued operations

 

$

(7

)

 

$

(172

)

 

$

(6

)