Company: CRAI
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001053706-25-000020
Chunk: 18

Company: CRA INTERNATIONAL, INC.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 18
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Effect of foreign exchange rates on cash and cash equivalents1,859 (817)Net decrease in cash and cash equivalents(7,263)(20,937)Cash and cash equivalents at beginning of period26,711 45,586 Cash and cash equivalents at end of period$19,448 $24,649 Noncash investing and financing activities:Increase (decrease) in accounts payable and accrued expenses for property and equipment$(585)$553 Excise tax on share repurchases$(388)$(300)Right-of-use assets obtained in exchange for lease obligations$7,808 $2,329 Supplemental cash flow information:Cash paid for taxes$14,854 $12,681 Cash paid for interest$1,670 $1,533 Cash paid for amounts included in operating lease liabilities$11,515 $11,163 

See accompanying notes to the condensed consolidated financial statements.

6

CRA INTERNATIONAL, INC.

CONDENSED CONSOLIDATED STATEMENT OF SHAREHOLDERS’ EQUITY

FOR THE FISCAL YEAR-TO-DATE PERIOD ENDED June 28, 2025 (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)Shares repurchased— — — — — 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