Cra international, inc. (CRAI)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10Nov'10
ASSETS
Current assets:
Cash and cash equivalents

15,818

25,639

19,833

15,588

14,958

38,028

11,863

9,025

10,852

54,035

54,035

20,899

14,668

21,819

53,530

25,184

12,205

22,581

38,139

21,003

15,816

17,230

48,199

44,684

27,614

32,492

51,251

17,902

16,333

30,590

55,451

42,297

36,788

41,562

61,587

39,499

37,161

87,505

74,218

Short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

4,995

9,494

14,495

14,789

14,484

-

6,265

Accounts receivable, net of allowances of $4,046 at March 28, 2020 and $3,838 at December 28, 2019

104,886

107,841

90,478

87,763

89,268

94,525

88,270

88,921

77,504

79,803

79,803

76,819

71,554

65,228

66,852

63,339

63,776

54,188

60,904

60,065

57,902

55,946

58,080

52,139

65,183

56,152

57,856

66,758

47,094

54,273

56,083

57,122

54,891

55,199

68,394

58,935

60,038

55,806

59,497

Unbilled services, net of allowances of $2,659 at March 31, 2018 and $1,746 at December 30, 2017

-

-

-

-

-

-

-

-

42,687

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unbilled services, net of allowances of $1,422 at March 28, 2020 and $1,503 at December 28, 2019

44,377

36,569

50,274

44,334

44,963

36,060

43,303

38,241

-

33,530

33,530

41,536

38,868

39,376

24,937

36,656

30,117

34,630

25,473

33,484

29,622

32,364

25,085

28,559

28,415

29,817

24,275

29,917

29,069

24,847

21,187

26,543

33,234

35,523

16,326

38,383

39,143

26,889

34,738

Prepaid expenses and other current assets

12,181

7,277

11,017

9,795

7,952

6,423

10,847

11,479

10,755

11,373

11,373

12,211

13,635

17,487

19,295

10,937

11,892

10,308

11,876

16,871

18,817

11,652

10,716

14,096

15,775

9,678

11,775

13,545

18,548

17,979

23,001

20,532

14,554

9,193

8,224

12,570

13,466

10,597

11,742

Forgivable loans

14,177

6,751

8,821

7,978

9,632

6,104

6,400

5,876

6,651

5,540

5,540

6,474

7,319

6,179

5,897

6,958

8,421

3,556

4,402

-

-

-

2,449

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,830

21,363

21,308

-

17,559

17,579

17,740

17,806

14,410

15,034

15,141

15,955

20,735

20,733

20,776

20,898

15,432

14,595

11,233

11,143

Total current assets

191,439

184,077

180,423

165,458

166,773

181,140

160,683

153,542

148,449

184,281

184,281

157,939

146,044

150,089

170,511

143,074

126,411

125,263

140,794

153,253

143,520

138,500

144,529

157,037

154,566

145,879

162,963

142,532

126,078

142,830

171,677

167,229

165,195

171,747

189,924

179,608

178,887

192,030

197,603

Property and equipment, net

66,626

61,295

57,788

52,003

48,409

48,088

50,068

50,780

46,917

44,643

44,643

41,062

36,854

36,246

36,381

38,801

37,735

35,243

31,338

28,471

23,509

16,992

14,696

15,180

14,838

14,930

15,655

16,609

17,297

17,868

17,980

18,605

19,574

21,126

21,611

20,719

20,207

17,618

17,745

Goodwill

87,827

88,504

87,813

88,208

88,508

88,208

88,562

88,656

89,527

89,000

89,000

88,529

87,740

87,776

74,764

75,443

75,726

76,643

76,970

81,914

82,294

81,607

82,303

83,125

83,896

83,596

81,573

76,026

75,273

75,507

70,765

142,383

141,031

141,904

140,654

140,912

141,952

140,681

141,166

Intangible assets, net

6,133

6,476

6,818

7,161

7,503

7,846

8,189

8,531

8,881

9,208

9,208

9,867

10,227

11,324

2,685

2,930

3,135

3,385

3,591

3,856

4,089

4,317

4,757

4,886

5,314

5,547

4,537

4,839

5,120

5,435

1,834

2,002

2,140

2,342

2,472

2,833

3,019

3,147

3,259

Right-of-use assets

125,688

130,173

110,999

114,704

81,480

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

10,622

10,670

9,193

9,286

9,304

9,330

8,585

8,481

8,686

8,713

8,713

10,105

10,083

10,033

10,049

18,401

-

-

18,856

-

-

-

19,272

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18,553

18,863

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Forgivable loans, net of current portion

57,868

48,390

49,046

45,599

46,770

34,190

36,786

34,374

38,142

23,088

23,088

25,388

22,211

25,684

28,065

29,699

32,467

37,968

40,283

-

-

-

42,907

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes, net of current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

168

171

164

-

147

187

956

955

5,086

5,157

5,350

8,083

105

103

108

105

3

3

3

3

Other assets

4,005

3,658

3,444

3,508

3,028

2,044

1,774

2,105

2,452

2,824

2,824

1,530

1,169

1,279

1,187

1,225

1,467

1,611

1,885

42,161

42,804

48,951

5,008

47,257

48,199

55,830

54,621

54,265

55,162

57,016

21,671

13,629

13,852

17,072

17,341

18,446

16,935

13,886

13,923

Total assets

550,208

533,243

505,524

485,927

451,775

370,846

354,647

346,469

343,054

361,757

361,757

334,420

314,328

322,431

323,642

309,573

295,494

298,976

313,717

309,823

296,387

290,531

313,472

307,632

307,000

306,738

320,304

299,357

284,087

304,006

292,010

343,953

341,895

354,299

372,107

362,521

361,003

367,365

373,699

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Accounts payable

23,668

26,069

23,636

21,486

22,530

21,938

23,808

22,141

19,472

18,473

18,473

17,162

15,607

15,894

13,729

14,330

14,338

13,471

13,652

12,089

13,123

13,300

13,700

11,793

12,691

11,616

13,766

15,713

13,170

10,655

9,766

10,837

10,356

10,810

10,469

10,757

10,458

10,539

12,856

Accrued expenses

77,714

121,301

94,557

72,394

72,280

108,233

81,898

67,702

67,538

94,573

94,573

74,285

59,716

54,055

75,281

61,183

50,953

45,260

65,118

56,532

44,978

44,402

66,548

56,545

49,923

51,032

65,657

46,348

32,336

36,879

45,305

40,309

34,611

41,765

60,502

55,052

52,465

49,358

54,420

Borrowings on revolving line of credit

-

-

-

-

-

-

5,000

20,789

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

3,307

3,302

-

6,896

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue and other liabilities

6,509

6,723

4,149

4,996

5,115

6,866

-

-

4,798

-

6,896

3,980

2,857

3,824

3,021

2,658

2,559

5,268

5,730

5,257

5,415

6,360

6,220

4,823

5,187

6,065

6,098

6,022

6,752

6,323

6,748

3,673

6,193

7,597

7,707

6,938

6,584

6,187

5,638

Current portion of lease liabilities

12,432

12,847

10,598

10,898

9,558

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

118

121

116

-

82

88

89

-

278

262

263

1,145

-

-

-

0

894

844

28

28

Current portion of convertible debentures payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,651

21,601

Current portion of deferred rent

-

-

-

-

-

1,810

1,789

1,764

1,450

1,131

1,131

1,110

1,010

1,514

1,499

1,500

1,506

1,241

1,069

1,031

991

1,192

1,623

1,997

2,012

2,424

2,322

2,384

2,411

2,379

2,268

4,452

4,372

4,216

2,870

3,168

3,030

3,080

3,106

Current portion of deferred compensation

1,000

4,470

3,214

2,019

941

3,650

1,288

1,282

1,014

908

908

851

597

718

570

573

557

551

814

818

797

775

182

167

153

131

117

103

89

25,216

3,287

2,949

2,609

2,171

75

897

633

204

151

Revolving line of credit

70,000

-

36,000

41,000

39,000

-

-

-

10,000

-

-

-

-

6,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of debt obligation under credit agreement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,143

-

-

-

-

-

-

-

-

-

-

Current portion of note payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

75

75

75

75

-

-

-

-

-

0

702

704

691

685

660

650

650

650

80

450

450

Total current liabilities

191,323

171,410

172,154

152,793

149,424

142,497

117,090

116,980

104,272

121,981

121,981

97,388

79,787

82,005

94,100

80,244

69,913

65,791

86,458

75,920

65,500

66,220

88,273

75,407

70,054

71,357

87,960

70,848

60,865

82,419

69,210

62,905

58,801

67,209

82,273

78,356

74,094

91,497

98,250

Non-current liabilities:
Deferred rent and facility-related non-current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,892

-

-

-

-

-

-

-

-

-

-

-

Deferred compensation and other non-current liabilities

15,911

15,071

12,046

8,961

7,847

7,957

13,034

8,771

11,482

11,526

11,526

9,710

8,069

9,255

6,346

5,784

4,877

4,719

4,355

3,530

3,110

2,941

3,371

2,647

2,487

2,225

1,446

655

206

236

2,676

0

-

-

1,714

1,339

860

98

69

Facility-related non-current liabilities

2,060

1,956

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred rent and facility-related non-current liabilities

-

-

1,810

1,710

-

23,618

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes payable, net of current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

981

981

981

991

1,007

1,007

997

997

1,007

1,007

1,664

1,652

1,631

1,605

2,188

2,069

2,211

Deferred rent and facility-related non-current liabilities

-

-

-

-

1,364

-

23,703

23,785

22,625

20,656

20,656

18,790

17,029

15,603

15,191

15,939

15,904

14,247

11,836

10,091

8,730

5,275

4,535

2,246

2,552

2,888

3,669

-

4,224

4,921

5,608

5,714

6,026

8,035

9,423

8,894

9,586

11,165

10,238

Non-current portion of lease liabilities

144,079

146,551

126,869

127,281

94,939

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

475

504

293

302

311

302

277

375

400

365

365

355

315

261

122

384

393

-

-

-

-

-

1,608

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total non-current liabilities

162,525

164,082

141,018

138,254

104,461

31,877

37,014

32,931

34,507

32,547

32,547

28,855

25,413

25,119

21,659

-

-

18,966

16,191

-

-

-

10,495

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes, net of current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,239

3,981

3,857

-

1,840

1,798

1,744

1,585

1,372

1,322

1,325

1,275

8,813

8,760

8,712

8,659

5,990

6,339

7,112

6,511

Commitments and contingencies (Note 10)

-

-

-

-

-

-

0

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Shareholders' equity:
Preferred stock, no par value; 1,000,000 shares authorized; none issued and outstanding

-

-

-

-

-

-

0

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, no par value; 25,000,000 shares authorized; 7,756,425 and 7,814,797 shares issued and outstanding at March 28, 2020 and December 28, 2019, respectively

5,871

9,265

9,028

14,224

20,537

22,837

30,601

28,864

39,401

47,414

47,414

44,520

48,753

59,342

54,124

52,245

51,973

66,614

65,731

67,014

68,126

70,062

73,171

84,694

90,389

92,663

93,242

94,596

94,428

93,546

93,174

93,155

95,299

96,704

98,578

101,469

104,801

103,067

103,121

Receivables from shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

120

236

236

236

236

1,200

1,300

1,400

1,561

Retained earnings

204,679

200,249

197,347

193,191

189,235

186,229

181,041

178,554

173,131

169,390

169,390

173,119

171,122

168,559

166,914

166,105

162,912

157,698

155,275

156,582

153,722

150,397

147,618

143,802

140,578

137,390

133,980

130,258

126,988

125,579

122,610

176,094

176,838

176,119

175,600

171,151

167,491

158,749

159,375

Accumulated other comprehensive loss

-14,190

-11,763

-14,023

-12,535

-11,882

-12,594

-11,379

-11,181

-8,578

-9,896

-9,896

-10,207

-11,481

-13,234

-13,818

-11,773

-11,165

-9,227

-9,250

-8,141

-7,410

-8,966

-6,704

-4,671

-2,555

-3,261

-3,424

-4,112

-5,717

-5,845

-4,388

-4,315

-6,031

-4,621

-6,338

-5,774

-3,497

-5,662

-5,207

Total CRA International, Inc. shareholders' equity

-

-

-

-

-

-

200,263

196,237

203,954

206,908

206,908

207,432

208,394

214,667

207,220

206,577

203,720

215,085

211,756

215,455

214,438

211,493

214,085

223,825

228,412

226,792

223,798

220,742

215,699

213,280

211,276

264,698

265,870

267,966

267,604

265,646

267,495

254,754

255,728

Noncontrolling interest

-

-

-

-

-

-

280

321

321

321

321

745

734

640

663

645

687

-866

-688

588

628

745

619

686

716

741

839

841

774

828

958

816

774

725

803

691

441

670

692

Total shareholders' equity

196,360

197,751

192,352

194,880

197,890

196,472

200,543

196,558

204,275

207,229

207,229

208,177

209,128

215,307

207,883

207,222

204,407

214,219

211,068

216,043

215,066

212,238

214,704

224,511

229,128

227,533

224,637

221,583

216,473

214,108

212,234

265,514

266,644

268,691

268,407

266,337

267,936

255,424

256,420

Total liabilities and shareholders' equity

550,208

533,243

505,524

485,927

451,775

370,846

354,647

346,469

343,054

361,757

361,757

334,420

314,328

322,431

323,642

309,573

295,494

298,976

313,717

309,823

296,387

290,531

313,472

307,632

307,000

306,738

320,304

299,357

284,087

304,006

292,010

343,953

341,895

354,299

372,107

362,521

361,003

367,365

373,699