XML 17 R2.htm IDEA: XBRL DOCUMENT v3.21.1
Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 02, 2021
Dec. 31, 2020
Current assets:    
Cash and equivalents $ 16,327 $ 14,062
Accounts receivable, net 86,175 99,822
Unbilled receivables, net 42,550 38,350
Prepaid expenses 8,565 5,874
Other current assets 2,805 4,557
Total current assets 156,422 162,665
Property and equipment, net 13,583 14,134
Intangible assets, net 82,844 86,008
Goodwill 104,798 109,001
Other long-term assets 4,645 4,254
TOTAL ASSETS 362,292 376,062
Current liabilities:    
Trade accounts payable 23,210 28,456
Accrued liabilities 9,302 15,011
Current maturities of long-term debt 14,050
Other current liabilities 10,938 12,036
Total current liabilities 43,450 69,553
Long-term debt, net of current maturities and loan costs 455,443 264,970
Other long-term liabilities 17,789 24,296
Total liabilities 516,682 358,819
COMMITMENTS AND CONTINGENCIES (NOTE 13)
Redeemable preferred stock 151,391
Class A common stock, $.0001 par value, 400,000,000 shares authorized, 15,156,643 shares issued and outstanding at April 2, 2021 2 1
Class B common stock, $.0001 par value, 20,123,769 shares authorized, 20,123,769 shares issued and outstanding at April 2, 2021 2 2
Additional paid in capital (46,280) (37,382)
Non-controlling interest (93,391) (90,566)
Retained (deficit) (14,723) (6,203)
Total shareholders’ equity (154,390) (134,148)
TOTAL LIABILITIES, REDEEMABLE PREFERRED STOCK, AND SHAREHOLDERS’ EQUITY $ 362,292 $ 376,062