Company: CRAI
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001053706-25-000029
Chunk: 16

Company: CRA INTERNATIONAL, INC.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 16
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 4,505 1,475 Comprehensive income$10,412 $14,332 $46,102 $33,141 

See accompanying notes to the condensed consolidated financial statements.

4

Table of Contents

CRA INTERNATIONAL, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited)

(in thousands, except share data)

September 27,2025December 28,2024ASSETSCurrent assets:Cash and cash equivalents$22,496 $26,711 Accounts receivable, net of allowances of $6,616 and $5,659, respectively151,851 162,293 Unbilled services, net of allowances of $1,557 and $1,411, respectively91,235 57,255 Prepaid expenses and other current assets19,119 16,569 Forgivable loans20,881 6,535 Total current assets305,582 269,363 Property and equipment, net39,450 45,205 Goodwill, net94,634 93,737 Intangible assets, net6,069 7,216 Right-of-use assets79,724 81,157 Deferred income taxes17,520 16,648 Forgivable loans, net of current portion80,465 48,957 Other assets5,597 9,156 Total assets$629,041 $571,439 LIABILITIES AND SHAREHOLDERS' EQUITYCurrent liabilities:Accounts payable$26,390 $28,155 Accrued expenses182,675 181,413 Deferred revenue and other liabilities8,031 14,130 Current portion of lease liabilities18,665 18,696 Current portion of deferred compensation7,842 8,915 Revolving line of credit95,000 — Total current liabilities338,603 251,309 Non-current liabilities:Deferred compensation and other non-current liabilities6,849 22,329 Non-current portion of lease liabilities80,668 84,541 Deferred income taxes1,266 1,187 Total non-current liabilities88,783 108,057 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;