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v3.19.2

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 29, 2019 | Jun. 30, 2018 | Jun. 29, 2019 | Jun. 30, 2018
Revenues | $ 50,705 | $ 51,710 | $ 102,300 | $ 102,522
Cost of services | 37,902 | 38,975 | 76,980 | 77,232
Gross profit | 12,803 | 12,735 | 25,320 | 25,290
Operating costs and expenses |  |  |  |
Selling, general and administrative | 10,202 | 10,076 | 20,667 | 20,497
Depreciation and amortization of property and equipment | 325 | 381 | 640 | 778
Amortization of acquired intangible assets | 83 | 17 | 165 | 34
Severance, professional fees and other charges |  | 1,371 |  | 1,371
Operating costs and expenses | 10,610 | 11,845 | 21,472 | 22,680
Operating income | 2,193 | 890 | 3,848 | 2,610
Other (expense) income |  |  |  |
Interest expense and other, net | (458) | (400) | (887) | (666)
Imputed interest on contingent consideration | (48) |  | (96) |
Gain (loss) on foreign currency transactions | 23 | 12 | 34 | (29)
Other expense, net | (483) | (388) | (949) | (695)
Income before income taxes | 1,710 | 502 | 2,899 | 1,915
Income tax expense | 459 | 121 | 185 | 483
Net income | $ 1,251 | $ 381 | $ 2,714 | $ 1,432
Basic and diluted net earnings per share (in dollars per share) | $ 0.10 | $ 0.03 | $ 0.21 | $ 0.12

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