XML 14 R5.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Apr. 01, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 38,724 $ 35,584
Accounts receivable, net of allowances of $559 and $581 in 2022 and 2021, respectively 74,674 84,252
Prepaid and other current assets 3,065 2,849
Income taxes receivable   80
Total current assets 116,463 122,765
Property, equipment and capitalized software, net 4,777 5,242
Operating lease right-of-use assets 20,762 22,132
Deferred income taxes 4,763 4,946
Acquired intangibles, net 6,837 7,280
Goodwill 19,174 19,676
Cash surrender value of life insurance, net 3,756 4,018
Other assets 2,344 2,228
Investments 64 47
Total assets 178,940 188,334
Current Liabilities:    
Accounts payable 12,444 21,150
Accrued compensation 20,444 22,534
Advance billings on contracts 5,710 4,762
Short-term operating lease liabilities 6,199 6,444
Short-term deferred payroll taxes 3,508 3,508
Other current liabilities 7,621 6,585
Income taxes payable 197  
Total current liabilities 56,123 64,983
Deferred compensation benefits 11,283 11,437
Long-term operating lease liabilities 14,379 15,612
Deferred income taxes 1,672 1,792
Other long-term liabilities 75 73
Total liabilities 83,532 93,897
Shareholders’ Equity:    
Common stock, par value $0.01 per share, 150,000,000 shares authorized; 27,017,824 shares issued in 2022 and 2021 270 270
Capital in excess of par value 109,422 110,330
Retained earnings 110,282 108,042
Less: Treasury stock of 11,599,124 and 11,667,719 shares at cost, in 2022 and 2021, respectively (106,628) (107,265)
Accumulated other comprehensive loss (17,938) (16,940)
Total shareholders’ equity 95,408 94,437
Total liabilities and shareholders’ equity $ 178,940 $ 188,334