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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Apr. 03, 2021
Mar. 28, 2020
OPERATING ACTIVITIES:    
Net income $ 10,501 $ 6,468
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 3,301 2,943
Facility-related liabilities 17 35
Right-of-use asset amortization 3,199 2,994
Deferred income taxes (896) 23
Share-based compensation expense 842 655
Accounts receivable allowances 182 62
Unrealized foreign currency remeasurement gains, net (284) (398)
Changes in operating assets and liabilities:    
Accounts receivable 19,838 1,388
Unbilled services, net (23,063) (8,217)
Prepaid expenses and other current assets, and other assets (2,733) (5,327)
Forgivable loans 4,140 (27,139)
Incentive cash awards 1,729 1,423
Accounts payable, accrued expenses, and other liabilities (52,856) (39,121)
Lease liabilities (3,765) (1,164)
Net cash used in operating activities (39,848) (65,375)
INVESTING ACTIVITIES:    
Purchases of property and equipment (692) (7,949)
Net cash used in investing activities (692) (7,949)
FINANCING ACTIVITIES:    
Issuance of common stock, principally stock option exercises 1,113 151
Borrowings under revolving line of credit 42,000 70,000
Repayments under revolving line of credit (2,000) 0
Tax withholding payments reimbursed by shares (588) (390)
Cash paid for contingent consideration (2,357) 0
Cash paid on dividend equivalents (79) (40)
Cash dividends paid to shareholders (1,982) (1,796)
Repurchase of common stock (9,642) (3,810)
Net cash provided by financing activities 26,465 64,115
Effect of foreign exchange rates on cash and cash equivalents 27 (612)
Net decrease in cash and cash equivalents (14,048) (9,821)
Cash and cash equivalents at beginning of period 45,677 25,639
Cash and cash equivalents at end of period 31,629 15,818
Noncash investing and financing activities:    
Purchases of property and equipment not yet paid for 294 370
Asset retirement obligations 0 155
Right-of-use assets obtained in exchange for lease obligations 1,070 0
Restricted common stock issued for contingent consideration 2,250 0
Supplemental cash flow information:    
Cash paid for taxes 844 695
Cash paid for interest 24 245
Cash paid for amounts included in operating lease liabilities $ 5,157 $ 5,039