XML 14 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 29, 2017
Sep. 30, 2016
Sep. 29, 2017
Sep. 30, 2016
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Contract revenue $ 69,007,000 $ 58,660,000 $ 209,191,000 $ 151,516,000
Direct costs of contract revenue (inclusive of directly related depreciation and amortization):        
Salaries and wages 11,425,000 10,421,000 33,594,000 28,753,000
Subcontractor services and other direct costs 37,310,000 32,134,000 118,881,000 75,161,000
Total direct costs of contract revenue 48,735,000 42,555,000 152,475,000 103,914,000
General and administrative expenses:        
Salaries and wages, payroll taxes and employee benefits 8,691,000 7,825,000 26,092,000 23,035,000
Facilities and facility related 1,235,000 1,039,000 3,478,000 2,978,000
Stock-based compensation 896,000 268,000 1,992,000 732,000
Depreciation and amortization 1,053,000 742,000 2,896,000 2,308,000
Other 4,214,000 3,178,000 11,548,000 9,694,000
Total general and administrative expenses 16,089,000 13,052,000 46,006,000 38,747,000
Income from operations 4,183,000 3,053,000 10,710,000 8,855,000
Other income (expense):        
Interest expense (23,000) (43,000) (88,000) (137,000)
Other, net 18,000   56,000 2,000
Total other expense, net (5,000) (43,000) (32,000) (135,000)
Income before income taxes 4,178,000 3,010,000 10,678,000 8,720,000
Income tax expense 1,292,000 548,000 1,839,000 1,990,000
Net income $ 2,886,000 $ 2,462,000 $ 8,839,000 $ 6,730,000
Earnings per share:        
Basic (in dollars per share) $ 0.33 $ 0.30 $ 1.03 $ 0.82
Diluted (in dollars per share) $ 0.31 $ 0.28 $ 0.97 $ 0.79
Weighted-average shares outstanding:        
Basic (in shares) 8,730,000 8,308,000 8,580,000 8,181,000
Diluted (in shares) 9,248,000 8,720,000 9,138,000 8,516,000