Company: HCKT
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0000950170-25-065870
Chunk: 1

Company: HACKETT GROUP, INC.
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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The Hackett Group, Inc. 

CONSOLIDATED BALANCE SHEETS 

(in thousands, except share data) 

(unaudited)

     March 28,

     December 27,

     2025

     2024

     ASSETS

     Current assets:

     Cash
      
     $
     9,179

     $
     16,366

     Accounts receivable and contract assets, net of allowance of $2,814 and $2,377 at March 28, 2025 and December 27, 2024, respectively

     62,555

     57,079

     Prepaid expenses and other current assets

     3,267

     2,901

     Total current assets

     75,001

     76,346

     Property and equipment, net

     20,868

     20,343

     Other assets

     367

     350

     Intangible assets, net

     2,165

     2,312

     Goodwill

     90,221

     89,782

     Operating lease right-of-use assets

     3,138

     2,744

     Total assets
      
     $
     191,760

     $
     191,877

     LIABILITIES AND SHAREHOLDERS’ EQUITY

     Current liabilities:

     Accounts payable
      
     $
     4,916

     $
     6,503

     Accrued expenses and other liabilities

     23,844

     30,789

     Contract liabilities

     14,919

     11,118

     Income tax payable

     2,352

     3,753

     Operating lease liabilities

     1,161

     965

     Total current liabilities

     47,192

     53,128

     Deferred tax liability, net

     10,433

     8,464

     Long term debt, net

     17,755

     12,734

     Operating lease liabilities

     1,965

     1,977

     Total liabilities

     77,345

     76,303

     Commitments and contingencies

     Shareholders’ equity:

     Preferred stock, $0.001 par value, 1,250,000 shares authorized; none