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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jul. 02, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 29,209 $ 32,865
Accounts receivable, net of allowances of $348 and $561 in 2021 and 2020, respectively 81,777 76,892
Prepaid and other current assets 2,914 2,207
Income taxes receivable 1,034 1,174
Total current assets 114,934 113,138
Property, equipment and capitalized software, net 5,508 5,515
Operating lease right-of-use assets 23,175 22,116
Deferred income taxes 409 393
Acquired intangibles, net 8,165 9,097
Goodwill 20,548 21,275
Cash surrender value of life insurance, net 3,883 3,587
Other assets 2,312 924
Investments 221 208
Total assets 179,155 176,253
Current Liabilities:    
Accounts payable 15,333 18,784
Accrued compensation 23,228 21,968
Advance billings on contracts 4,293 3,102
Short-term operating lease liabilities 6,460 6,427
Short-term deferred payroll taxes 3,329 3,329
Other current liabilities 7,766 7,535
Total current liabilities 60,409 61,145
Deferred compensation benefits 13,986 14,420
Long-term operating lease liabilities 16,613 15,564
Deferred payroll taxes 3,329 3,329
Deferred income taxes 1,915 2,174
Other long-term liabilities 106 113
Total liabilities 96,358 96,745
Shareholders’ Equity:    
Common stock, par value $0.01 per share, 150,000,000 shares authorized; 27,017,824 shares issued in 2021 and 2020 270 270
Capital in excess of par value 109,133 109,407
Retained earnings 97,653 94,312
Less: Treasury stock of 11,689,792 and 11,841,960 shares at cost, in 2021 and 2020, respectively (107,507) (109,114)
Accumulated other comprehensive loss (16,752) (15,367)
Total shareholders’ equity 82,797 79,508
Total liabilities and shareholders’ equity $ 179,155 $ 176,253