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Comparative Quarterly Financial Data (Tables)
12 Months Ended
Dec. 29, 2017
Quarterly Financial Data [Abstract]  
Quarterly Financial Data
Comparative Quarterly Financial Data (unaudited)
 
Summarized quarterly financial data is as follows:
 
Fiscal 2017
 
March 31,
 
June 30,
 
September 29,
 
December 29,
 
(In thousands, except per share data)
 
2017
 
2017
 
2017
 
2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues before reimbursements
 
$
80,467
 
$
84,120
 
$
82,359
 
$
82,718
 
Revenues
 
 
84,122
 
 
87,840
 
 
87,555
 
 
88,282
 
Operating income
 
 
14,634
 
 
20,317
 
 
19,305
 
 
17,795
 
Income before income taxes
 
 
17,410
 
 
22,348
 
 
22,030
 
 
20,721
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss)
 
$
16,576
 
$
13,791
 
$
14,643
 
$
(3,705)
(1)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income per share
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
 
$
0.63
 
$
0.52
 
$
0.56
 
$
(0.14)
 
Diluted
 
$
0.61
 
$
0.51
 
$
0.54
 
$
(0.14)
 
Shares used in per share computations
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
 
 
26,302
 
 
26,415
 
 
26,370
 
 
26,363
 
Diluted
 
 
26,981
 
 
26,968
 
 
26,963
 
 
26,363
 
 
Fiscal 2016
 
April 1,
 
July 1,
 
September 30,
 
December 30,
 
(In thousands, except per share data)
 
2016
 
2016
 
2016
 
2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues before reimbursements
 
$
78,950
 
$
73,334
 
$
74,160
 
$
72,753
 
Revenues
 
 
83,156
 
 
77,295
 
 
77,612
 
 
77,013
 
Operating income
 
 
16,436
 
 
14,931
 
 
15,595
 
 
14,949
 
Income before income taxes
 
 
17,734
 
 
16,677
 
 
17,920
 
 
16,791
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
$
15,350
 
$
10,453
 
$
11,289
 
$
10,388
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income per share
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
 
$
0.58
 
$
0.39
 
$
0.43
 
$
0.40
 
Diluted
 
$
0.56
 
$
0.38
 
$
0.42
 
$
0.39
 
Shares used in per share computations
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
 
 
26,513
 
 
26,631
 
 
26,545
 
 
26,262
 
Diluted
 
 
27,239
 
 
27,264
 
 
27,185
 
 
26,955
 
 
(1)     The decrease in net income and diluted earnings per share during the fourth quarter of 2017 was due to the impact of the new tax legislation. During the fourth quarter of 2017, the Company recorded a tax expense of $16,507,000 related to the new tax legislation signed into law during the fourth quarter of 2017. The Company has domestic deferred tax assets primarily associated with its deferred compensation plan and stock-based compensation program, which were previously valued at the federal corporate income tax rate of 35%. The Company’s deferred tax assets were re-measured at the lower enacted corporate tax rate of 21% which contributed $15,137,000 to the increase in income tax associated with the new tax legislation. The Company also has foreign earnings that were subject to the mandatory repatriation tax. The total mandatory repatriation tax, net of the benefit of its foreign tax credits, contributed $1,370,000 to the increase in income tax expense associated with the tax legislation.