XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 02, 2022
Jan. 01, 2022
Current assets:    
Cash and cash equivalents $ 81,948 $ 47,980
Billed receivables, net 129,990 153,814
Unbilled receivables, net 87,627 89,734
Prepaid expenses and other current assets 8,758 12,442
Total current assets 308,323 303,970
Property and equipment, net 36,297 32,729
Right-of-use lease assets, net 41,899 44,260
Intangible assets, net 180,081 188,224
Goodwill 389,954 389,916
Other assets 3,299 2,844
Total assets 959,853 961,943
Current liabilities:    
Accounts payable 48,126 55,954
Accrued liabilities 58,043 50,461
Billings in excess of costs and estimated earnings on uncompleted contracts 24,345 29,444
Other current liabilities 1,266 1,551
Current portion of contingent consideration 2,747 5,807
Current portion of notes payable and other obligations 18,335 20,734
Total current liabilities 152,862 163,951
Contingent consideration, less current portion 3,984 2,521
Other long-term liabilities 32,097 34,304
Notes payable and other obligations, less current portion 107,931 111,062
Deferred income tax liabilities, net 23,476 25,385
Total liabilities 320,350 337,223
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value; 5,000,000 shares authorized, no shares issued and outstanding 0 0
Common stock, $0.01 par value; 45,000,000 shares authorized, 15,495,451 and 15,414,005 shares issued and outstanding as of April 2, 2022 and January 1, 2022, respectively 155 154
Additional paid-in capital 457,894 451,754
Retained earnings 181,454 172,812
Total stockholders’ equity 639,503 624,720
Total liabilities and stockholders’ equity $ 959,853 $ 961,943