Company: CRAI
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001053706-25-000007
Chunk: 43

Company: CRA INTERNATIONAL, INC.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 8
Chunk 43
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,963 $22,272 $21,306 

See accompanying notes to the consolidated financial statements.

FS-7

CRA INTERNATIONAL, INC.

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY

(in thousands, except share data)

Common StockRetainedEarningsAccumulatedOtherComprehensiveIncome (Loss)TotalShareholders'EquitySharesIssuedAmountBALANCE AT JANUARY 1, 20227,362,703 $— $215,784 $(9,950)$205,834 Net income— — 43,619 — 43,619 Foreign currency translation adjustment— — — (5,031)(5,031)Exercise of stock options61,645 1,411 — — 1,411 Share-based compensation expense— 4,773 — — 4,773 Restricted shares vesting66,127 — — — — Redemption of vested employee restricted shares for tax withholding(21,057)(2,145)— — (2,145)Shares repurchased(319,534)(2,296)(25,334)— (27,630)Accrued dividends on unvested shares— — (97)— (97)Cash dividends paid ($1.29 per share)— — (9,580)— (9,580)BALANCE AT DECEMBER 31, 20227,149,884 $1,743 $224,392 $(14,981)$211,154 Net income— — 38,481 — 38,481 Foreign currency translation adjustment— — — 2,799 2,799 Exercise of stock options26,000 805 — — 805 Share-based compensation expense— 4,400 — — 4,400 Restricted shares vesting83,158 — — — — Redemption of vested employee restricted shares for tax withholding(28,619)(3,063)— — (3,063)Shares repurchased(296,158)(3,885)(27,532)— (31,417)Accrued excise tax on shares repurchased— — (247)— (247)Accrued dividends on unvested shares— — (4)— (4)Cash dividends paid ($