Leases (Tables)

9 Months Ended

Sep. 28, 2019

Leases

Schedule of lease expenses, supplemental cash flow and balance sheet information

The components of CRA’s lease expenses, which are included in the condensed consolidated income statement, are as follows (in thousands):

	Fiscal		Fiscal Year-to-Date
	Quarter Ended		Period Ended
	September 28, 2019		September 28, 2019
Operating lease cost	$	4,052	$	11,276
Short-term lease cost		106		295
Variable lease cost		1,181		3,150
Total lease cost	$	5,339	$	14,721

Supplemental cash flow information related to CRA’s leases are as follows (in thousands):

	Fiscal Year-to-Date
	Period Ended
	September 28, 2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	12,053
Right-of-use assets obtained in exchange for lease obligations
Operating leases	$	37,298

The following table presents supplemental balance sheet information related to CRA’s operating leases (in thousands):

	September 28, 2019
Assets:
Operating lease right-of-use assets	$	110,999
Liabilities:
Current portion of lease liabilities	$	10,598
Non-current portion of lease liabilities		126,869
Total operating lease liabilities	$	137,467
Weighted average remaining lease term – operating leases		9.8	years
Weighted average discount rate – operating leases		3.7	%

Schedule of maturities of lease liabilities

At September  28, 2019, CRA had the following maturities of lease liabilities related to office space and equipment, all of which are under non-cancellable operating leases (in thousands):

	Operating
	Lease
Fiscal Year	Commitments
2019 (excluding the nine months ended September 28, 2019)	$	2,505
2020		16,883
2021		16,802
2022		16,907
2023		17,024
Thereafter		96,285
Total lease payments		166,406
Less: imputed interest		(28,939)
Total	$	137,467