Company: CRAI
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001053706-25-000020
Chunk: 16

Company: CRA INTERNATIONAL, INC.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 16
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,566 (1,420)Comprehensive income$15,945 $6,223 $35,690 $18,809 

See accompanying notes to the condensed consolidated financial statements.

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Table of Contents

CRA INTERNATIONAL, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited)

(in thousands, except share data)

June 28,2025December 28,2024ASSETSCurrent assets:Cash and cash equivalents$19,448 $26,711 Accounts receivable, net of allowances of $6,215 and $5,659, respectively159,717 162,293 Unbilled services, net of allowances of $1,734 and $1,411, respectively75,308 57,255 Prepaid expenses and other current assets20,674 16,569 Forgivable loans17,961 6,535 Total current assets293,108 269,363 Property and equipment, net41,338 45,205 Goodwill, net94,948 93,737 Intangible assets, net6,451 7,216 Right-of-use assets83,353 81,157 Deferred income taxes17,073 16,648 Forgivable loans, net of current portion64,353 48,957 Other assets6,153 9,156 Total assets$606,777 $571,439 LIABILITIES AND SHAREHOLDERS' EQUITYCurrent liabilities:Accounts payable$24,628 $28,155 Accrued expenses139,751 181,413 Deferred revenue and other liabilities9,042 14,130 Current portion of lease liabilities18,718 18,696 Current portion of deferred compensation5,186 8,915 Revolving line of credit120,000 — Total current liabilities317,325 251,309 Non-current liabilities:Deferred compensation and other non-current liabilities5,987 22,329 Non-current portion of lease liabilities85,166 84,541 Deferred income taxes1,299 1,187 Total non-current liabilities92,452 108,057 Commitments and contingencies (Note 10)Shareholders’ equity:Preferred stock, no par value; 1,000,000 shares authorized; none issued and outstanding— — Common stock, no par value; 25,000,000 shares authorized;