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Forgivable Loans
9 Months Ended
Sep. 28, 2019
Forgivable Loans  
Forgivable Loans

3. Forgivable Loans

Forgivable loan activity for the fiscal year-to-date period ended September  28, 2019 and the fiscal year ended December 29, 2018 is as follows (in thousands):

 

 

 

 

 

 

 

 

 

    

September 28,

 

December 29,

 

 

2019

    

2018

Beginning balance

 

$

40,294

 

$

28,628

Advances

 

 

33,404

 

 

30,572

Repayments

 

 

(1,106)

 

 

(3,396)

Reclassification from accrued expenses

 

 

(1,121)

 

 

Amortization

 

 

(13,313)

 

 

(15,329)

Effects of foreign currency translation

 

 

(291)

 

 

(181)

Ending balance

 

$

57,867

 

$

40,294

Current portion of forgivable loans

 

$

8,821

 

$

6,104

Non-current portion of forgivable loans

 

$

49,046

 

$

34,190

 

At September  28, 2019 and December 29, 2018, CRA had other loans to current and former employees included in other assets on the condensed consolidated balance sheet amounting to $0.3 million and $0.1 million, respectively, net of allowances.