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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 29, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 24,069 $ 25,140
Accounts receivable, net of allowances of $421 and $397 in 2023 and 2022, respectively 64,433 70,979
Prepaid and other current assets 4,930 3,769
Income taxes receivable 142  
Total current assets 93,574 99,888
Property, equipment and capitalized software, net 6,045 5,061
Operating lease right-of-use assets 19,478 18,506
Deferred income taxes 4,386 2,886
Acquired intangibles, net 11,639 12,943
Goodwill 35,487 35,998
Cash surrender value of life insurance, net 4,822 4,120
Other assets 2,308 2,101
Investments 174 116
Total assets 177,913 181,619
Current Liabilities:    
Accounts payable 9,661 14,254
Accrued compensation 18,521 19,016
Advance billings on contracts 4,492 5,480
Short-term operating lease liabilities 6,186 5,905
Other current liabilities 9,674 7,066
Income taxes payable   212
Total current liabilities 48,534 51,933
Deferred compensation benefits 6,720 6,424
Long-term operating lease liabilities 13,412 12,466
Deferred income taxes 1,226 1,482
Other long-term liabilities 2,442 3,335
Total liabilities 72,334 75,640
Shareholders’ Equity:    
Common stock, par value $0.01 per share, 150,000,000 shares authorized; 27,017,824 shares issued in 2023 and 2022 270 270
Capital in excess of par value 107,269 109,868
Retained earnings 113,965 114,651
Less: Treasury stock of 10,940,680 and 11,274,171 shares at cost, in 2023 and 2022, respectively (100,175) (103,504)
Accumulated other comprehensive loss (15,750) (15,306)
Total shareholders’ equity 105,579 105,979
Total liabilities and shareholders’ equity $ 177,913 $ 181,619