Company: CRAI
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001053706-25-000007
Chunk: 101

Company: CRA INTERNATIONAL, INC.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 8
Chunk 101
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5.39 $5.91 Weighted average number of shares outstanding:Basic6,821 7,008 7,218 Diluted6,908 7,118 7,355 

See accompanying notes to the consolidated financial statements.

FS-4

CRA INTERNATIONAL, INC.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

Year EndedYear EndedYear EndedDecember 28,2024(52 weeks)December 30,2023(52 weeks)December 31,2022(52 weeks)(in thousands)Net income$46,653 $38,481 $43,619 Other comprehensive income (loss)Foreign currency translation adjustments, net of tax(2,869)2,799 (5,031)Comprehensive income$43,784 $41,280 $38,588 

See accompanying notes to the consolidated financial statements.

FS-5

CRA INTERNATIONAL, INC.

CONSOLIDATED BALANCE SHEETS

December 28,2024December 30,2023(in thousands, exceptshare data)ASSETSCurrent assets:Cash and cash equivalents$26,711 $45,586 Accounts receivable, net of allowances of $5,659 and $4,335, respectively162,293 142,729 Unbilled services, net of allowances of $1,411 and $1,629, respectively57,255 56,827 Prepaid expenses and other current assets16,569 11,575 Forgivable loans6,535 8,759 Total current assets269,363 265,476 Property and equipment, net45,205 38,176 Goodwill, net93,737 93,989 Intangible assets, net7,216 7,196 Right-of-use assets81,157 86,887 Deferred income taxes16,648 13,885 Forgivable loans, net of current portion48,957 45,182 Other assets9,156 2,420 Total assets$571,439 $553,211 LIABILITIES AND SHAREHOLDERS' EQUITYCurrent liabilities:Accounts payable$28,155 $28,701 Accrued expenses181,413 171,040 Deferred revenue and other liabilities14,130 12,289 Current portion of lease liabilities18,696 16,475 Current portion of deferred compensation8