Company: CRAI
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001053706-25-000029
Chunk: 15

Company: CRA INTERNATIONAL, INC.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 15
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ITEM 1. Financial Statements

CRA INTERNATIONAL, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited)

(in thousands, except per share data)

Fiscal Quarter EndedFiscal Year-to-DatePeriod EndedSeptember 27,2025September 28,2024September 27,2025September 28,2024Revenues$185,891 $167,748 $554,620 $510,979 Costs of services (exclusive of depreciation and amortization)131,468 115,188 380,364 359,394 Selling, general and administrative expenses33,725 31,269 101,342 93,784 Depreciation and amortization3,487 2,900 10,428 8,503 Income from operations17,211 18,391 62,486 49,298 Interest expense, net(1,750)(1,457)(3,975)(3,405)Foreign currency gains (losses), net763 (904)(527)(1,236)Income before provision for income taxes16,224 16,030 57,984 44,657 Provision for income taxes4,751 4,593 16,387 12,991 Net income$11,473 $11,437 $41,597 $31,666 Net income per share:Basic$1.74 $1.68 $6.22 $4.62 Diluted$1.73 $1.67 $6.16 $4.57 Weighted average number of shares outstanding:Basic6,556 6,760 6,675 6,840 Diluted6,621 6,843 6,745 6,922 

See accompanying notes to the condensed consolidated financial statements.

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CRA INTERNATIONAL, INC.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited)

(in thousands)

Fiscal Quarter EndedFiscal Year-to-DatePeriod EndedSeptember 27,2025September 28,2024September 27,2025September 28,2024Net income$11,473 $11,437 $41,597 $31,666 Other comprehensive income (loss)Foreign currency translation adjustments, net of tax(1,061)2,895