Company: CRAI
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001053706-25-000020
Chunk: 15

Company: CRA INTERNATIONAL, INC.
Filing Date: 2025-07-31
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 EndedJune 28,2025June 29,2024June 28,2025June 29,2024Revenues$186,878 $171,442 $368,729 $343,230 Costs of services (exclusive of depreciation and amortization)128,542 125,327 248,896 244,206 Selling, general and administrative expenses35,079 32,016 67,617 62,514 Depreciation and amortization3,530 2,811 6,941 5,603 Income from operations19,727 11,288 45,275 30,907 Interest expense, net(1,796)(1,483)(2,225)(1,948)Foreign currency gains (losses), net(815)(191)(1,290)(333)Income before provision for income taxes17,116 9,614 41,760 28,626 Provision for income taxes4,994 3,076 11,636 8,397 Net income$12,122 $6,538 $30,124 $20,229 Net income per share:Basic$1.81 $0.96 $4.47 $2.93 Diluted$1.79 $0.94 $4.42 $2.90 Weighted average number of shares outstanding:Basic6,694 6,834 6,734 6,880 Diluted6,753 6,911 6,807 6,961 

See accompanying notes to the condensed consolidated financial statements.

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Table of Contents

CRA INTERNATIONAL, INC.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited)

(in thousands)

Fiscal Quarter EndedFiscal Year-to-DatePeriod EndedJune 28,2025June 29,2024June 28,2025June 29,2024Net income$12,122 $6,538 $30,124 $20,229 Other comprehensive income (loss)Foreign currency translation adjustments, net of tax3,823 (315)5