Hackett group, inc. (HCKT)
Balance Sheet / Quarterly
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'10
ASSETS
Current assets:
Cash

23,280

25,954

16,423

16,682

10,659

13,808

13,177

13,270

23,666

17,512

17,512

16,226

14,419

17,050

19,710

14,360

15,618

12,649

23,503

16,338

16,217

10,820

14,608

10,552

10,805

12,694

18,199

14,851

10,811

11,337

16,906

14,534

13,806

12,794

32,936

18,029

17,875

25,337

Accounts receivable and contract assets, net of allowance of $710 and $1,441 at September 27, 2019 and December 28, 2018, respectively

-

-

57,890

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable and unbilled revenue, net of allowance of $374 and $743 at March 27, 2020 and December 27, 2019, respectively

53,397

49,778

-

54,547

56,012

54,807

56,875

56,773

51,943

55,262

52,267

-

-

-

47,399

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable and unbilled revenue, net of allowance of $2,686 and $2,574 at September 29, 2017 and December 30, 2016, respectively

-

-

-

-

-

-

-

-

-

-

-

55,552

50,361

49,906

-

47,944

47,506

47,131

42,046

43,993

44,605

42,236

37,421

44,438

43,865

36,911

34,011

37,367

35,601

33,798

36,869

36,482

37,078

35,195

35,209

38,509

37,041

31,580

Deferred tax asset, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

486

2,315

2,495

-

2,499

3,189

3,610

5,130

4,194

3,858

4,221

4,741

5,026

-

-

6,975

-

-

-

Prepaid expenses and other current assets

3,316

2,895

3,664

4,086

4,034

4,339

3,742

3,282

3,456

2,511

2,511

2,897

3,222

2,631

1,704

2,241

2,261

2,350

1,938

2,131

2,489

2,294

1,839

2,688

2,850

2,638

2,283

3,116

3,357

2,646

2,335

2,426

9,096

9,333

2,344

4,928

5,322

5,056

Assets related to discontinued operations

-

-

-

-

-

137

-

-

-

-

2,995

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current assets

79,993

78,627

77,977

75,315

70,705

73,091

73,794

73,325

79,065

75,285

75,285

74,675

68,002

69,587

68,813

64,545

65,385

62,130

67,487

62,948

65,626

57,845

53,868

60,177

60,709

55,853

59,623

59,528

53,627

52,002

60,851

58,468

59,980

57,322

77,464

61,466

60,238

61,973

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

355

655

654

354

522

522

684

683

683

683

682

885

1,613

1,612

1,610

Property and equipment, net

19,774

19,916

21,080

21,112

20,643

19,750

24,313

22,846

20,652

18,851

18,851

17,854

16,477

15,776

14,774

14,283

14,089

13,948

14,102

14,189

14,017

13,804

13,753

13,211

12,785

12,814

13,019

13,032

13,082

13,008

12,859

12,666

12,671

12,022

11,696

11,533

11,238

8,816

Other assets

2,238

2,652

2,801

3,116

3,469

3,704

4,386

5,025

5,641

6,021

6,021

-

-

-

3,336

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

-

-

-

-

-

-

-

-

-

-

-

4,679

5,174

2,841

-

3,208

3,482

3,909

4,206

4,796

5,372

5,966

6,548

3,445

4,050

4,704

1,039

1,093

1,232

1,409

1,598

1,759

1,910

2,067

1,823

2,051

2,331

2,779

Goodwill

83,786

84,578

83,782

84,213

84,575

84,207

84,612

84,720

85,691

85,074

85,074

84,966

85,273

72,553

72,376

73,029

73,315

74,227

74,584

74,961

75,374

74,658

75,429

83,628

84,126

83,576

76,283

75,967

75,247

75,104

76,220

76,248

75,633

76,016

75,558

75,791

76,247

75,623

Operating lease right-of-use assets

9,318

7,962

8,293

7,613

8,301

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current deferred tax asset, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

779

1,710

-

-

-

-

-

-

-

Total assets

195,109

193,735

193,933

191,369

187,693

180,752

187,105

185,916

191,049

185,231

185,231

182,174

174,926

160,757

159,299

155,065

156,271

154,214

160,379

156,894

160,389

152,273

149,598

160,816

162,325

157,601

150,318

150,142

143,710

142,986

153,921

149,824

150,877

148,109

167,426

152,454

151,666

150,801

LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable

8,347

8,494

5,217

6,767

6,375

7,429

5,119

8,400

8,621

8,434

8,434

8,597

8,171

11,655

9,089

6,210

6,290

10,797

8,300

5,950

5,167

5,422

7,549

5,410

5,020

5,043

8,080

4,852

5,076

4,816

7,711

5,154

6,713

4,423

7,433

4,604

6,741

5,590

Accrued expenses and other liabilities

27,848

32,482

31,450

33,114

26,939

34,498

34,065

34,072

39,802

43,014

42,685

35,971

37,067

-

46,725

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

2,686

2,707

2,678

2,376

2,604

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities related to discontinued operations

-

-

22

31

669

2,300

-

-

-

-

329

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses and other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

34,153

-

42,688

40,448

32,285

41,812

34,230

35,238

31,331

30,901

33,643

35,044

33,994

25,646

21,831

22,825

21,414

26,484

25,359

25,848

22,010

28,018

23,350

23,930

29,140

Current portion of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,321

1,661

-

4,606

3,496

2,400

-

-

-

-

2,895

4,316

6,316

-

-

-

-

-

Current portion of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,737

-

-

-

-

Total current liabilities

38,881

43,683

39,367

42,288

36,587

44,227

39,184

42,472

48,423

51,448

51,448

44,568

45,238

45,808

55,814

48,898

46,738

43,082

50,112

40,180

43,726

38,414

38,450

43,659

43,560

41,437

33,726

26,683

27,901

26,230

37,090

34,829

38,877

31,170

35,451

27,954

30,671

34,730

Non-current accrued expenses and other liabilities

-

-

-

-

-

-

244

213

613

1,268

1,268

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current accrued expenses and other liabilities

-

-

-

-

-

-

-

-

-

-

-

6,936

7,029

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current deferred tax liability, net

8,797

7,183

7,704

8,143

8,162

6,435

7,805

8,099

7,629

6,240

6,240

10,591

10,812

9,923

10,216

10,713

11,271

10,867

8,123

8,276

8,821

7,056

3,097

4,466

3,599

2,919

4,387

2,677

666

-

-

1,432

-

-

1,727

-

-

-

Accrued expenses and other liabilities, non-current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,555

1,531

-

2,597

2,624

2,831

Long-term debt

-

-

2,500

4,500

7,500

6,500

11,500

13,500

19,000

19,000

19,000

22,000

20,000

9,000

7,000

12,572

21,549

-

-

9,263

14,942

16,602

18,263

22,423

26,217

26,325

19,029

15,026

15,026

20,526

22,105

23,684

25,684

-

-

-

-

-

Operating lease liabilities

6,632

5,255

5,615

5,237

5,697

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

35,263

-

-

-

-

Total liabilities

54,310

56,121

55,186

60,168

57,946

57,162

58,733

64,284

75,665

77,956

77,956

84,095

83,079

64,731

73,030

72,183

79,558

53,949

58,235

57,719

67,489

62,072

59,810

70,548

73,376

70,681

57,142

44,386

43,593

46,756

59,195

59,945

66,116

67,964

37,178

30,551

33,295

37,561

Commitments and contingencies

-

-

-

-

-

-

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, $0.001 par value, 1,250,000 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

Common stock, $0.001 par value, 125,000,000 shares authorized; 57,472,441 and 57,180,616 shares issued at March 27, 2020 and December 27, 2019, respectively

58

58

58

58

58

57

57

57

57

56

56

57

56

56

55

55

55

54

54

54

54

53

53

53

53

53

52

53

53

53

52

52

52

52

61

61

61

60

Additional paid-in capital

304,214

303,707

301,035

299,342

296,976

296,955

294,680

292,665

290,196

288,297

288,297

284,628

282,023

-

277,100

-

-

-

272,887

-

-

-

264,912

-

-

261,608

261,861

267,543

265,627

264,144

263,135

261,811

260,223

258,905

313,202

312,305

311,245

308,598

Additional paid-in capital

-

-

-

-

-

-

-

-

-

-

-

-

-

279,737

-

275,059

273,437

271,568

-

270,054

265,914

264,308

-

264,505

263,017

-

-

-

-

-

-

-

-

-

-

-

-

-

Treasury stock, at cost, 27,498,432 and 27,425,476 shares March 27, 2020 and December 27, 2019, respectively

142,893

141,887

139,660

139,660

138,220

136,604

136,364

136,364

136,364

134,054

134,054

134,053

131,561

123,944

122,756

122,756

122,307

96,946

92,691

92,691

92,691

91,988

91,335

90,678

87,704

84,743

80,406

75,038

75,038

74,444

74,444

74,444

74,444

74,444

74,444

72,497

71,530

65,489

Accumulated deficit

-8,200

-13,714

-10,221

-17,130

-18,330

-25,424

-19,866

-25,023

-31,153

-38,515

-38,515

-43,301

-48,590

-48,707

-56,581

-58,783

-64,263

-65,752

-70,134

-70,991

-74,048

-74,672

-77,677

-78,860

-82,451

-85,926

-83,880

-81,990

-84,625

-87,555

-89,513

-93,113

-95,751

-99,596

-103,129

-112,822

-117,167

-124,898

Accumulated other comprehensive loss

-12,380

-10,550

-12,465

-11,409

-10,737

-11,394

-10,135

-9,703

-7,352

-8,509

-8,509

-9,252

-10,081

-11,116

-11,549

-10,693

-10,209

-8,659

-7,972

-7,251

-6,329

-7,500

-6,165

-4,752

-3,966

-4,072

-4,451

-4,812

-5,900

-5,968

-4,504

-4,427

-5,319

-4,772

-5,442

-5,144

-4,238

-5,031

Total shareholders' equity

140,799

137,614

138,747

131,201

129,747

123,590

128,372

121,632

115,384

107,275

107,275

98,079

91,847

96,026

86,269

82,882

76,713

100,265

102,144

99,175

92,900

90,201

89,788

90,268

88,949

86,920

93,176

105,756

100,117

96,230

94,726

89,879

84,761

80,145

130,248

121,903

118,371

113,240

Total liabilities and shareholders' equity

195,109

193,735

193,933

191,369

187,693

180,752

187,105

185,916

191,049

185,231

185,231

182,174

174,926

160,757

159,299

155,065

156,271

154,214

160,379

156,894

160,389

152,273

149,598

160,816

162,325

157,601

150,318

150,142

143,710

142,986

153,921

149,824

150,877

148,109

167,426

152,454

151,666

150,801