XML 9 R2.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 29, 2024
Dec. 29, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 27,327 $ 62,939
Restricted cash 912 971
Accounts receivable, net 49,700 54,178
Contract assets, current 136,031 125,943
Prepaids and other current assets 11,695 13,427
TOTAL CURRENT ASSETS 225,665 257,458
Property, plant and equipment, net 47,094 46,373
Intangible assets, net 8,600 9,244
Contract assets, non-current 46,703 48,316
Lease right-of-use assets 23,351 23,855
Investment in unconsolidated joint ventures 23,731 21,283
Deferred tax assets 0 17,252
Other assets 2,849 2,871
TOTAL ASSETS 377,993 426,652
CURRENT LIABILITIES    
Accounts payable 77,683 81,589
Contract liabilities, current 110,204 115,785
Accrued salaries, wages and benefits 30,287 26,911
Accrued expenses 33,405 33,897
Other current liabilities 18,173 13,071
TOTAL CURRENT LIABILITIES 269,752 271,253
Long-term debt, net 31,489 29,627
Lease liabilities, non-current 14,855 15,045
Contract liabilities, non-current 2,704 3,215
Contingent consideration 15,725 15,488
Deferred tax liabilities 0 17,252
Other liabilities 5,350 4,282
TOTAL LIABILITIES 339,875 356,162
Commitments and Contingencies (Note 11)
STOCKHOLDERS' EQUITY    
Common stock, $0.01 par value, 100,000,000 shares authorized as of March 29, 2024 and December 29, 2023; 25,738,857 and 25,493,877 shares issued and outstanding as of March 29, 2024 and December 29, 2023, respectively 257 255
Additional paid-in-capital 25,578 24,445
Retained earnings 13,204 46,537
Non-controlling interests (921) (747)
TOTAL STOCKHOLDERS' EQUITY 38,118 70,490
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 377,993 $ 426,652