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Basis of Presentation and General Information (Tables)
12 Months Ended
Dec. 27, 2024
Summary of Fair Value of the Assets Acquired and Liabilities Assumed

The following table summarizes the fair value of the assets acquired and liabilities assumed:

 

 

 

Amount

 

 

Assets / Liabilities

 

(in thousands)

 

 

Cash

 

$

1,020

 

 

Current assets

 

 

2,081

 

 

Intangible assets

 

 

2,500

 

 

Current liabilities

 

 

(2,587

)

 

Other liability

 

 

(432

)

 

Deferred tax liability

 

 

(652

)

 

Net assets acquired

 

$

1,930

 

 

 

 

 

 

 

Consideration

 

$

7,806

 

 

Goodwill

 

$

5,876

 

 

Summary of Other Intangible Assets

Other intangible assets, included in other assets in the accompanying consolidated balance sheets, consist of the following (in thousands):

 

 

 

Amount

 

 

Useful Life

Category

 

(in thousands)

 

 

(in years)

Customer Relationships

 

$

2,200

 

 

5

Technology

 

 

200

 

 

2

Non-Compete

 

 

100

 

 

2

Total

 

$

2,500

 

 

 

Summary of Disaggregation of Total Revenue

Based on the information that management reviews internally for evaluating operating segment performance and nature, amount, timing, and uncertainty of revenue and cash flows affected by economic factors, the Company disaggregated revenue as follows for the years ended December 27, 2024, December 29, 2023 and December 30, 2022 (in thousands):

 

 

 

Year Ended

 

 

 

December 27,

 

 

December 29,

 

 

December 30,

 

 

 

2024

 

 

2023

 

 

2022

 

Global S&BT:

 

 

 

 

 

 

 

 

 

    North America Consulting

 

$

139,022

 

 

$

144,960

 

 

$

143,956

 

    International Consulting

 

 

32,074

 

 

 

26,967

 

 

 

25,704

 

Total Global S&BT

 

$

171,096

 

 

$

171,927

 

 

$

169,660

 

Oracle Solutions:

 

 

 

 

 

 

 

 

 

    Consulting and software support and maintenance

 

$

85,707

 

 

$

77,772

 

 

$

76,320

 

Total Oracle Solutions

 

$

85,707

 

 

$

77,772

 

 

$

76,320

 

SAP Solutions:

 

 

 

 

 

 

 

 

 

    Consulting and software support and maintenance

 

$

41,912

 

 

$

41,324

 

 

$

40,729

 

    Software license sales

 

 

15,140

 

 

 

5,567

 

 

 

7,033

 

Total SAP Solutions

 

$

57,052

 

 

$

46,891

 

 

$

47,762

 

Total segment revenue

 

$

313,855

 

 

$

296,590

 

 

$

293,742

 

 

 

 

 

 

 

 

 

 

 

Reconciliation Of Basic And Diluted Weighted Average Shares

The following table reconciles basic and diluted weighted average shares:

 

 

 

Year Ended

 

 

 

December 27,

 

 

December 29,

 

 

December 30,

 

 

 

2024

 

 

2023

 

 

2022

 

Basic weighted average common shares outstanding

 

 

27,560,080

 

 

 

27,170,039

 

 

 

31,399,813

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

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

 

 

530,911

 

 

 

466,574

 

 

 

555,483

 

Common stock issuable upon the exercise of stock options and SARs

 

 

 

 

 

 

 

 

6,445

 

Dilutive weighted average common shares outstanding

 

 

28,090,991

 

 

 

27,636,613

 

 

 

31,961,741