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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jul. 01, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 35,479 $ 35,584
Accounts receivable, net of allowances of $367 and $581 in 2022 and 2021, respectively 76,622 84,252
Prepaid and other current assets 3,146 2,849
Income taxes receivable   80
Total current assets 115,247 122,765
Property, equipment and capitalized software, net 4,376 5,242
Operating lease right-of-use assets 19,005 22,132
Deferred income taxes 4,725 4,946
Acquired intangibles, net 6,219 7,280
Goodwill 18,104 19,676
Cash surrender value of life insurance, net 4,039 4,018
Other assets 2,226 2,228
Investments 80 47
Total assets 174,021 188,334
Current Liabilities:    
Accounts payable 13,544 21,150
Accrued compensation 18,071 22,534
Advance billings on contracts 4,964 4,762
Short-term operating lease liabilities 5,838 6,444
Short-term deferred payroll taxes 3,508 3,508
Other current liabilities 7,169 6,585
Income taxes payable 351  
Total current liabilities 53,445 64,983
Deferred compensation benefits 10,650 11,437
Long-term operating lease liabilities 13,030 15,612
Deferred income taxes 1,512 1,792
Other long-term liabilities 77 73
Total liabilities 78,714 93,897
Shareholders’ Equity:    
Common stock, par value $0.01 per share, 150,000,000 shares authorized; 27,017,824 shares issued in 2022 and 2021 270 270
Capital in excess of par value 108,890 110,330
Retained earnings 112,322 108,042
Less: Treasury stock of 11,498,633 and 11,667,719 shares at cost, in 2022 and 2021, respectively (105,579) (107,265)
Accumulated other comprehensive loss (20,596) (16,940)
Total shareholders’ equity 95,307 94,437
Total liabilities and shareholders’ equity $ 174,021 $ 188,334