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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 26, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 34,319 $ 10,781
Accounts receivable, net of allowances of $147 and $84 in 2020 and 2019, respectively 79,133 88,772
Prepaid and other current assets 2,358 2,064
Income taxes receivable   231
Total current assets 115,810 101,848
Property, equipment and capitalized software, net 5,246 6,379
Operating lease right-of-use assets 20,278 21,253
Deferred income taxes 330 453
Acquired intangibles, net 7,741 8,439
Goodwill 19,969 16,681
Cash surrender value of life insurance, net 2,989 3,133
Other assets 748 328
Investments 187 192
Total assets 173,298 158,706
Current Liabilities:    
Accounts payable 15,580 18,612
Accrued compensation 24,754 23,538
Advance billings on contracts 3,555 1,704
Short-term operating lease liabilities 5,289 5,904
Other current liabilities 8,450 7,096
Income taxes payable 1,210  
Total current liabilities 58,838 56,854
Long-term debt 12,000 5,290
Deferred compensation benefits 12,435 12,346
Long-term operating lease liabilities 14,929 15,349
Deferred income taxes 1,906 2,101
Other long-term liabilities 2,994 530
Total liabilities 103,102 92,470
Shareholders’ Equity:    
Common stock, par value $0.01 per share, 150,000,000 shares authorized; 27,017,824 shares issued in 2020 and 2019 270 270
Capital in excess of par value 108,207 112,096
Retained earnings 89,576 86,673
Less: Treasury stock of 11,835,050 and 12,311,010 shares at cost, in 2020 and 2019, respectively (109,320) (114,261)
Accumulated other comprehensive loss (18,537) (18,542)
Total shareholders’ equity 70,196 66,236
Total liabilities and shareholders’ equity $ 173,298 $ 158,706