Company: HCKT
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-030037
Chunk: 75

Company: HACKETT GROUP, INC.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1B
Chunk 75
---
,745

        —

        —

        Acquisition-related compensation expense

        390

        —

        —

        Acquisition-related non-cash stock based compensation expense

        1,997

        —

        —

        Acquisition-related costs

        125

        —

        —

        Depreciation and amortization

        3,919

        3,421

        3,437

        Restructuring and asset impairment (settlement) charge

        —

        —

        (651
        )

        Legal settlement and related costs

        102

        1,178

        —

        Interest expense, net

        1,594

        3,235

        144

        Income from operations before taxes
         
        $
        42,994

        $
        46,027

        $
        55,104

       *Revenue before reimbursable expenses, excludes reimbursable expenses which are project travel-related expenses passed through to clients with no associated operating margin.**Corporate general and administrative expenses primarily include costs related to business support functions including accounting and finance, human resources, legal, information technology and office administration. Corporate general and administrative expenses exclude one-time, non-recurring expenses and benefits.

57

THE HACKETT GROUP, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 

15. Segment Information and Geographical Data (continued)         Total revenue by segment is included in Note 1, "Basis of Presentation and General Information."                  During the year ended December 27, 2024, the Company had one client that exceeded 10% of total revenue, of which $13.8 million is included in the Global S&BT segment, $22.0 million is included in the Oracle segment and $72 thousand is included in the SAP segment.The tables below set forth information on the Company's geographical data. Total revenue, which is primarily based on the country of the contracting entity, was attributed to the following geographical areas (in thousands):  

        Year Ended

        December 27,

        December 29,

        December 30,

        2024

        2023

        2022

        Revenue:

        United States
         
        $
        259,443

        $
        251,012

        $
        253,935

        Europe (U.K., Germany, France and Switzerland)

        35,287

        28,648

        23,866