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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jul. 02, 2022
Jul. 03, 2021
OPERATING ACTIVITIES:    
Net income $ 23,069 $ 22,067
Adjustments to reconcile net income to net cash used in operating activities, net of effect of acquired business:    
Depreciation and amortization 6,026 6,516
Right-of-use asset amortization 6,825 6,437
Deferred income taxes (165) (1,203)
Share-based compensation expense 2,078 1,822
Bad debt expense (recovery) (262) (11)
Unrealized foreign currency remeasurement (gains) losses, net (309) (160)
Changes in operating assets and liabilities:    
Accounts receivable (13,435) (1,373)
Unbilled services (23,114) (19,913)
Prepaid expenses and other current assets, and other assets (1,572) (4,061)
Forgivable loans (9,992) 8,133
Incentive cash awards 3,271 3,329
Accounts payable, accrued expenses, and other liabilities (63,093) (50,181)
Lease liabilities (8,139) (7,625)
Net cash used in operating activities (78,812) (36,223)
INVESTING ACTIVITIES:    
Purchases of property and equipment (2,067) (1,170)
Consideration paid for acquisition, net (10,185) 0
Net cash used in investing activities (12,252) (1,170)
FINANCING ACTIVITIES:    
Issuance of common stock, principally stock option exercises 341 2,500
Borrowings under revolving line of credit 70,000 70,000
Repayments under revolving line of credit 0 (25,000)
Tax withholding payments reimbursed by shares (975) (588)
Cash paid for contingent consideration 0 (2,357)
Cash dividends paid (4,636) (3,970)
Repurchase of common stock (22,630) (34,977)
Net cash provided by financing activities 42,100 5,608
Effect of foreign exchange rates on cash and cash equivalents (1,545) 85
Net decrease in cash and cash equivalents (50,509) (31,700)
Cash and cash equivalents at beginning of period 66,130 45,677
Cash and cash equivalents at end of period 15,621 13,977
Noncash investing and financing activities:    
Increase (decrease) in accounts payable and accrued expenses for property and equipment (184) (124)
Right-of-use assets obtained in exchange for lease obligations 2,020 1,070
Restricted common stock issued for contingent consideration 0 2,250
Supplemental cash flow information:    
Cash paid for taxes 7,532 10,494
Cash paid for interest 452 379
Cash paid for amounts included in operating lease liabilities $ 10,584 $ 10,325