Company: CRAI
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001053706-25-000029
Chunk: 18

Company: CRA INTERNATIONAL, INC.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 18
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15,772 Effect of foreign exchange rates on cash and cash equivalents1,302 344 Net decrease in cash and cash equivalents(4,215)(21,105)Cash and cash equivalents at beginning of period26,711 45,586 Cash and cash equivalents at end of period$22,496 $24,481 Noncash investing and financing activities:Increase in accounts payable and accrued expenses for property and equipment$84 $1,228 Asset retirement obligations$— $191 Excise tax on share repurchases$(416)$(284)Right-of-use assets obtained in exchange for lease obligations$8,460 $10,627 Supplemental cash flow information:Cash paid for taxes$20,364 $17,085 Cash paid for interest$3,585 $3,086 Cash paid for amounts included in operating lease liabilities$17,395 $15,008 

See accompanying notes to the condensed consolidated financial statements.

6

CRA INTERNATIONAL, INC.

CONDENSED CONSOLIDATED STATEMENT OF SHAREHOLDERS’ EQUITY (unaudited)

(in thousands, except share data)

Common StockRetainedEarningsAccumulatedOtherComprehensiveLossTotalShareholders’EquitySharesIssuedAmountBALANCE AT DECEMBER 28, 20246,768,575 $1,663 $225,461 $(15,051)$212,073 Net income— — 18,002 — 18,002 Foreign currency translation adjustment— — — 1,743 1,743 Share-based compensation expense— 1,390 — — 1,390 Restricted shares vesting34,780 — — — — Redemption of vested employee restricted shares for tax withholding(13,462)(2,454)— — (2,454)Accrued excise tax on shares repurchased— — 39 — 39 Accrued dividends on unvested shares— — 14 — 14 Cash dividends paid ($0.49 per share)— — (3,488)— (3,488)BALANCE AT MARCH 29, 20256,789,893 $599 $240,028 $(13,308)$227,319 Net income— — 12,122 — 12,122 Foreign currency translation adjustment—