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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 01, 2022
Jul. 02, 2021
Cash flows from operating activities:    
Net income $ 20,720 $ 16,893
Plus loss from discontinued operations   (7)
Net income from continuing operations 20,720 16,900
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense 1,630 1,723
Amortization expense 154 524
Amortization of debt issuance costs 28 22
Non-cash stock compensation expense 5,317 5,240
Provision for doubtful accounts 204 38
(Gain) loss on foreign currency translation (968) 88
Deferred income tax expense 1,064 690
Changes in assets and liabilities:    
Decrease (increase) in accounts receivable and contract assets 1,079 (14,554)
Decrease in prepaid expenses and other assets 3,369 528
Decrease in accounts payable (2,277) (1,383)
(Decrease) increase in accrued expenses and other liabilities (7,613) 2,146
(Decrease) increase in contract liabilities (366) 5,119
Increase in income tax payable 1,948 2,577
Net cash provided by operating activities 24,289 19,651
Cash flows from investing activities:    
Purchases of property and equipment (2,267) (1,417)
Net cash used in investing activities (2,267) (1,417)
Cash flows from financing activities:    
Debt issuance costs (10)  
Proceeds from ESPP 407 391
Proceeds from exercise of stock options 120  
Dividends paid (3,475) (3,253)
Repurchase of common stock (3,142) (12,357)
Net cash used in financing activities (6,100) (15,219)
Effect of exchange rate on cash (36) (17)
Net increase in cash and cash equivalents 15,886 2,998
Cash at beginning of period 45,794 49,455
Cash at end of period 61,680 52,453
Supplemental disclosure of cash flow information:    
Cash (refunded) paid for income taxes 34 2,710
Cash paid for interest $ 28 $ 14