The Hackett Group, Inc. (HCKT) 10-Q 7 Aug 24 2024 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 28, 2024	Aug. 02, 2024
Cover [Abstract]
Trading Symbol	HCKT
Entity Registrant Name	Hackett Group, Inc.
Entity Central Index Key	0001057379
Document Type	10-Q
Document Period End Date	Jun. 28, 2024
Amendment Flag	false
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-27
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		27,647,354
Title of 12(b) Security	Common Stock, par value $.001 per share
Security Exchange Name	NASDAQ
Entity Shell Company	false
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity File Number	333-48123
Entity Tax Identification Number	65-0750100
Entity Address, Address Line One	1001 Brickell Bay Drive
Entity Address, Address Line Two	Suite 3000
Entity Address, City or Town	Miami
Entity Address, State or Province	FL
Entity Address, Postal Zip Code	33131
City Area Code	305
Local Phone Number	375-8005
Entity Incorporation, State or Country Code	FL
Document Quarterly Report	true
Document Transition Report	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 28, 2024	Dec. 29, 2023
Current assets:
Cash	$ 19,145	$ 20,957
Accounts receivable and contract assets, net of allowance of $1,513 and $1,072 at June 28, 2024 and December 29, 2023, respectively	58,133	52,113
Prepaid expenses and other current assets	2,981	2,368
Total current assets	80,259	75,438
Property and equipment, net	19,990	20,044
Other assets	375	285
Goodwill	84,110	84,242
Operating lease right-of-use assets	2,790	1,419
Total assets	187,524	181,428
Current liabilities:
Accounts payable	4,290	7,557
Accrued expenses and other liabilities	24,048	26,801
Contract liabilities	13,299	12,087
Income tax payable	4,242	2,360
Operating lease liabilities	927	1,083
Total current liabilities	46,806	49,888
Non-current deferred tax liability, net	9,626	8,118
Long term debt, net	26,747	32,711
Operating lease liabilities	2,122	631
Total liabilities	85,301	91,348
Commitments and contingencies
Shareholders’ equity:
Preferred stock, $0.001 par value, 1,250,000 shares authorized; none issued and outstanding
Common stock, $0.001 par value, 125,000,000 shares authorized; 61,000,200 and 60,581,418 shares issued at June 28, 2024 and December 29, 2023, respectively	61	61
Additional paid-in capital	319,235	317,034
Treasury stock, at cost, 33,358,277 and 33,314,926 shares June 28, 2024 and December 29, 2023, respectively	(275,655)	(274,600)
Retained earnings	72,226	60,820
Accumulated other comprehensive loss	(13,644)	(13,235)
Total shareholders' equity	102,223	90,080
Total liabilities and shareholders' equity	$ 187,524	$ 181,428

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 28, 2024	Dec. 29, 2023
Statement of Financial Position [Abstract]
Accounts receivable and unbilled revenue, allowance	$ 1,513	$ 1,072
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	1,250,000	1,250,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	125,000,000	125,000,000
Common stock, shares issued	61,000,200	60,581,418
Treasury stock, at cost, shares	33,358,277	33,314,926

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2024	Jun. 30, 2023	Jun. 28, 2024	Jun. 30, 2023
Revenue:
Total revenue	$ 77,656	$ 77,102	$ 154,843	$ 148,331
Cost of service:
Total cost of service	47,155	46,887	94,386	91,428
Selling, general and administrative costs (includes $1,210 and $2,416 and $1,129 and $2,050 of non-cash stock based compensation expense in the three and six months ended June 28, 2024 and June 30, 2023, respectively)	17,985	17,425	36,314	32,861
Legal settlement and related costs			102
Total costs and operating expenses	65,140	64,312	130,802	124,289
Income from operations	12,516	12,790	24,041	24,042
Other expense, net:
Interest expense, net	(512)	(921)	(984)	(1,780)
Income before income taxes	12,004	11,869	23,057	22,262
Income tax expense	3,256	3,149	5,578	5,381
Net income	$ 8,748	$ 8,720	$ 17,479	$ 16,881
Basic net income per common share:
Income per common share	$ 0.32	$ 0.32	$ 0.64	$ 0.62
Weighted average common shares outstanding	27,616,089	27,191,648	27,519,275	27,109,054
Diluted net income per common share:
Income per common share	$ 0.31	$ 0.32	$ 0.63	$ 0.62
Weighted average common and common equivalent shares outstanding	27,942,689	27,547,647	27,809,308	27,408,132
Revenue Before Reimbursements [Member]
Revenue:
Total revenue	$ 75,896	$ 75,641	$ 151,623	$ 145,472
Reimbursements [Member]
Revenue:
Total revenue	1,760	1,461	3,220	2,859
Cost of service:
Total cost of service	1,760	1,461	3,220	2,859
Cost Before Reimbursements [Member]
Cost of service:
Total cost of service	$ 45,395	$ 45,426	$ 91,166	$ 88,569

Consolidated Statements of Op_2

Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2024	Jun. 30, 2023	Jun. 28, 2024	Jun. 30, 2023
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total share based compensation	$ 2,850	$ 2,772	$ 5,449	$ 5,219
Cost of Sales [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total share based compensation	1,640	1,643	3,033	3,169
Selling General and Administrative [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total share based compensation	$ 1,210	$ 1,129	$ 2,416	$ 2,050

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2024	Jun. 30, 2023	Jun. 28, 2024	Jun. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income	$ 8,748	$ 8,720	$ 17,479	$ 16,881
Foreign currency translation adjustment	(78)	698	(409)	1,268
Total comprehensive income	$ 8,670	$ 9,418	$ 17,070	$ 18,149

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 28, 2024	Jun. 30, 2023
Cash flows from operating activities:
Net income	$ 17,479	$ 16,881
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation expense	1,883	1,636
Amortization of debt issuance costs	36	36
Non-cash stock based compensation expense	5,449	5,219
Provision for doubtful accounts	184	303
Loss on foreign currency translation	94	605
Deferred income tax expense	1,491	2,390
Changes in assets and liabilities:
Increase in accounts receivable and contract assets	(6,172)	(9,772)
Increase in prepaid expenses and other assets	(2,074)	(1,710)
Decrease in accounts payable	(3,267)	(3,266)
Decrease in accrued expenses and other liabilities	(1,685)	(6,459)
Increase in contract liabilities	1,211	1,174
Increase (decrease) in income tax payable	1,882	(2,387)
Net cash provided by operating activities	16,511	4,650
Cash flows from investing activities:
Purchases of property and equipment	(1,832)	(2,125)
Net cash used in investing activities	(1,832)	(2,125)
Cash flows from financing activities:
Debt issuance costs		(13)
Debt proceeds		5,000
Repayments of debt	(6,000)	(12,000)
Proceeds from ESPP	535	481
Taxes paid to satisfy employee withholding tax obligations	(3,925)	(3,645)
Dividends paid	(6,032)	(5,987)
Repurchase of common stock	(1,055)	(734)
Net cash used in financing activities	(16,477)	(16,898)
Effect of exchange rate on cash	(13)	(48)
Net decrease in cash	(1,811)	(14,421)
Cash at beginning of period	20,956	30,255
Cash at end of period	19,145	15,834
Supplemental disclosure of cash flow information:
Cash paid for income taxes	1,949	5,192
Cash paid for interest	1,149	1,819
Supplemental disclosure of non-cash flow financing activities:
Dividend declared during the quarter and paid the following quarter	$ 3,037	$ 2,991

Consolidated Statements of Equi

Consolidated Statements of Equity - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Loss [Member]
Balance at Dec. 30, 2022	$ 58,278	$ 60	$ 308,325	$ (273,866)	$ 38,640	$ (14,881)
Balance, Shares at Dec. 30, 2022		60,148		(33,277)
Issuance of common stock	(3,529)		(3,529)
Issuance of common stock, Shares		343
Treasury stock purchased, net of costs	(711)			$ (711)
Treasury stock purchased, net of costs, Shares				(37)
Amortization of restricted stock units and common stock subject to vesting requirements	3,662		3,662
Dividends declared	(2,990)				(2,990)
Net income	8,161				8,161
Foreign currency translation	570					570
Balance at Mar. 31, 2023	63,441	$ 60	308,458	$ (274,577)	43,811	(14,311)
Ending Balance, Shares at Mar. 31, 2023		60,491		(33,314)
Balance at Dec. 30, 2022	58,278	$ 60	308,325	$ (273,866)	38,640	(14,881)
Balance, Shares at Dec. 30, 2022		60,148		(33,277)
Net income	16,881
Foreign currency translation	1,268
Balance at Jun. 30, 2023	72,893	$ 61	311,505	$ (274,600)	49,540	(13,613)
Ending Balance, Shares at Jun. 30, 2023		60,529		(33,314)
Balance at Mar. 31, 2023	63,441	$ 60	308,458	$ (274,577)	43,811	(14,311)
Balance, Shares at Mar. 31, 2023		60,491		(33,314)
Issuance of common stock	363	$ 1	362
Issuance of common stock, Shares		38
Treasury stock purchased, net of costs	(23)			$ (23)
Amortization of restricted stock units and common stock subject to vesting requirements	2,685		2,685
Dividends declared	(2,991)				(2,991)
Net income	8,720				8,720
Foreign currency translation	698					698
Balance at Jun. 30, 2023	72,893	$ 61	311,505	$ (274,600)	49,540	(13,613)
Ending Balance, Shares at Jun. 30, 2023		60,529		(33,314)
Balance at Dec. 29, 2023	90,080	$ 61	317,034	$ (274,600)	60,820	(13,235)
Balance, Shares at Dec. 29, 2023		60,581		(33,315)
Issuance of common stock	(3,782)		(3,782)
Issuance of common stock, Shares		378
Treasury stock purchased, net of costs	(1,055)			$ (1,055)
Treasury stock purchased, net of costs, Shares				(43)
Amortization of restricted stock units and common stock subject to vesting requirements	2,874		2,874
Dividends declared	(3,036)				(3,036)
Net income	8,731				8,731
Foreign currency translation	(331)					(331)
Balance at Mar. 29, 2024	93,481	$ 61	316,126	$ (275,655)	66,515	(13,566)
Ending Balance, Shares at Mar. 29, 2024		60,959		(33,358)
Balance at Dec. 29, 2023	90,080	$ 61	317,034	$ (274,600)	60,820	(13,235)
Balance, Shares at Dec. 29, 2023		60,581		(33,315)
Dividends declared	(6,100)
Net income	17,479
Foreign currency translation	(409)
Balance at Jun. 28, 2024	102,223	$ 61	319,235	$ (275,655)	72,226	(13,644)
Ending Balance, Shares at Jun. 28, 2024		61,000		(33,358)
Balance at Mar. 29, 2024	93,481	$ 61	316,126	$ (275,655)	66,515	(13,566)
Balance, Shares at Mar. 29, 2024		60,959		(33,358)
Issuance of common stock	391		391
Issuance of common stock, Shares		41
Amortization of restricted stock units and common stock subject to vesting requirements	2,718		2,718
Dividends declared	(3,037)				(3,037)
Net income	8,748				8,748
Foreign currency translation	(78)					(78)
Balance at Jun. 28, 2024	$ 102,223	$ 61	$ 319,235	$ (275,655)	$ 72,226	$ (13,644)
Ending Balance, Shares at Jun. 28, 2024		61,000		(33,358)

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 28, 2024	Mar. 29, 2024	Jun. 30, 2023	Mar. 31, 2023	Jun. 28, 2024	Jun. 30, 2023
Pay vs Performance Disclosure
Net Income (Loss)	$ 8,748	$ 8,731	$ 8,720	$ 8,161	$ 17,479	$ 16,881

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Jun. 28, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Basis of Presentation and Gener

Basis of Presentation and General Information	6 Months Ended
	Jun. 28, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and General Information	1. B asis of Presentation and General Information Basis of Presentation The accompanying consolidated financial statements of The Hackett Group , Inc. (“Hackett” or the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and include the Company’s accounts and those of its wholly-owned subsidiaries which the Company is required to consolidate. All intercompany transactions and balances have been eliminated in the consolidation. In the opinion of management, the accompanying consolidated financial statements reflect all normal and recurring adjustments which are necessary for a fair presentation of the Company’s financial position, results of operations, and cash flows as of the dates and for the periods presented. The consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. Accordingly, these statements do not include all the disclosures normally required by U.S. GAAP for annual financial statements and should be read in conjunction with the consolidated financial statements and notes thereto for the year ended December 29, 2023, included in the Annual Report on Form 10-K filed by the Company with the SEC on March 1, 2024. The consolidated results of operations for the quarter and six months ended June 28, 2024 , are not necessarily indicative of the results to be expected for any future period or for the full fiscal year. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates. Segment Reporting Segments are defined as components of a company that engage in business activities from which they earn revenue and incur expenses, and for which separate financial information is available and is evaluated regularly by the chief operating decision maker, or decision-making group, in deciding how to allocate resources and in assessing performance. The Company assesses its operating segments under the management approach in accordance with ASC 280, "Segment Reporting" (ASC 280), and has determined that it has three operating segments: Global S&BT, Oracle Solutions and SAP Solutions which are also its reportable segments. See Note 11 “Segment Information and Geographical Data” for detailed segment information. Goodwill and Other Intangible Assets For acquisitions accounted for as a business combination, goodwill represents the excess of the cost over the fair value of the net assets acquired. The Company has organized its operating and internal reporting structure to align with its primary market solutions. In accordance with ASC 280, management made the determination to present three operating segments, three reportable segments and three reporting units as follows: (1) Global S&BT, (2) Oracle Solutions, and (3) SAP Solutions. Global S&BT includes the results of the Company’s strategic business consulting practices; Oracle Solutions includes the results of the Company’s Oracle EPM/ERP and Digital AMS practices; SAP Solutions includes the Company’s SAP applications and related SAP service offerings. A reporting unit is an operating segment or one level below an operating segment to which goodwill is assigned. The goodwill was allocated to the reporting unit based on the reporting unit's relative fair value. The carrying amount of goodwill by reporting unit is as follows (in thousands): Foreign December 29, Additions/ Currency June 28, 2023 Adjustments Translation 2024 Global S&BT $ 57,550 $ - $ ( 132 ) $ 57,418 Oracle Solutions 16,699 — — 16,699 SAP Solutions 9,993 — — 9,993 Goodwill $ 84,242 $ - $ ( 132 ) $ 84,110 1. Basis of Presentation and General Information (continued) Revenue Recognition The Company primarily generates its revenue from providing professional services to its clients. The Company also generates revenue from software sales, software maintenance and support and subscriptions to its executive and best practices advisory programs. A single contract could include one or multiple performance obligations. For those contracts that have multiple performance obligations, the Company allocates the total transaction price to each performance obligation based on its relative standalone selling price. The Company determines the standalone selling price based on the respective selling price of the individual elements when sold separately. Revenue is recognized when control of the goods and services provided are transferred to the Company’s customers, in an amount that reflects the consideration it expects to be entitled to in exchange for those goods and services using the following steps: 1) identify the contract, 2) identify the performance obligations, 3) determine the transaction price, 4) allocate the transaction price to the performance obligations in the contract, and 5) recognize revenue as or when the Company satisfies the performance obligations. The Company typically satisfies its performance obligations for professional services over time as the related services are provided. The performance obligations related to software maintenance and support and subscriptions to its executive and best practice advisory programs are typically satisfied evenly over the course of the service period. Other performance obligations, such as software sales, are satisfied at a point in time. The Company generates revenue under four types of billing arrangements: fixed-fee; time-and-materials; executive and best practice advisory services; and software sales and software maintenance and support. In fixed-fee billing arrangements, which would also include contracts with capped fees, the Company agrees to a pre-established fee or fee cap in exchange for a predetermined set of professional services. The Company sets the fees based on its estimates of the costs and timing for completing the engagements. The Company generally recognizes revenue under fixed-fee or capped fee arrangements using a proportionate performance approach, which is based on work completed to-date as compared to estimates of the total services to be provided under the engagement. Estimates of total engagement revenue and cost of services are monitored regularly during the term of the engagement. If the Company’s estimates indicate a potential loss, such a loss is recognized in the period in which the loss first becomes probable and reasonably estimable. The customer is invoiced based on the contractual agreement between the parties, typically bi-weekly, monthly or milestone driven, with net thirty or sixty-day terms, however client terms are subject to change. Time-and-material billing arrangements require the client to pay based on the number of hours worked by the Company’s consultants at agreed hourly rates. The Company recognizes revenue under time-and-material arrangements as the related services or goods are provided, using the right to invoice practical expedient which allows it to recognize revenue in the amount based on the number of hours worked and the agreed upon hourly rates. The customer is invoiced based on the contractual agreement between the parties, typically bi-weekly, monthly or milestone driven, with net thirty or sixty-day terms, however client terms are subject to change. Advisory services contracts are typically in the form of a subscription agreement which allows the customer access to the Company’s executive and best practice advisory programs. There is typically a single performance obligation and the transaction price is the contractual amount of the subscription agreement. Revenue from advisory services contracts is recognized ratably over the life of the agreements. Customers are typically invoiced at the inception of the contract, with net thirty or sixty-day terms, however client terms are subject to change. The resale of on-premise software, cloud software and maintenance contracts are in the form of SAP America ("SAP") software or maintenance agreements provided by SAP. SAP is the principal and the Company is the agent in these transactions as the Company does not obtain title to the software and maintenance which is sold simultaneously. The transaction price is the Company’s agreed-upon percentage of the software sale for either on-premise software or cloud software or maintenance amount in the contract with the vendor. Revenue for the resale of software is recognized upon contract execution and customer’s receipt of the software. The Company also provides software maintenance on other ERP systems, primarily Oracle. Revenue from maintenance contracts is recognized ratably over the life of the agreements. The customer is typically invoiced at contract inception, with net thirty or sixty-day terms, however client terms are subject to change. Revenue before reimbursements excludes reimbursable expenses charged to clients. Reimbursements, which include travel and out-of-pocket expenses, are included in revenue, and an equivalent amount of reimbursable expenses is included in the cost of service. Expense reimbursements that are billable to clients are included in total revenue and are substantially all billed as time-and-material billing arrangements. Therefore, the Company recognizes all reimbursable expenses as revenue as the related services are provided, using the right to invoice practical expedient. Reimbursable expenses are recognized as expenses in the period in which the expense is incurred. Any expense reimbursements that are billable to clients under fixed-fee billing arrangements are recognized in line with the proportionate performance approach. 1. Basis of Presentation and General Information (continued) The payment terms and conditions in the Company’s customer contracts vary. The agreements entered into in connection with a project, whether time and materials-based or fixed-fee or capped-fee based, typically allow clients to terminate early due to breach or for convenience with 30 days’ notice. In the event of termination, the client is contractually required to pay for all time, materials and expenses incurred by the Company through the effective date of the termination. In addition, from time to time the Company enters into agreements with its clients that limit its right to enter into business relationships with specific competitors of that client for a specific time period. These provisions typically prohibit the Company from performing a defined range of services which it might otherwise be willing to perform for potential clients. These provisions are generally limited to six to twelve months and usually apply only to specific employees or the specific project team. Differences between the timing of billings and the recognition of revenue are recognized as either contract assets or contract liabilities in the accompanying consolidated balance sheets. Revenue recognized for services performed but not yet billed to clients is recorded as contract assets and is included within accounts receivable and contract assets. Services not yet performed, however billed to the client and uncollected at period end, are recorded as contract assets and are included within accounts receivable and contract assets. Client prepayments are classified as contract liabilities and recognized over future periods as earned in accordance with the applicable engagement agreement. See Note 3 for the accounts receivable and contract asset balances. During the quarter and six months ended June 28, 2024, the Company recog nized $ 3.3 million and $ 9.0 million, respectively, of revenue as a result of changes in the contract liability balance, as compared to $ 2.8 million and $ 10.6 million, respectively, for the quarter and six months ended June 30, 2023. Based on the information that management reviews internally for evaluating operating segment performance and nature, amount, timing, and uncertainty of revenue and cash flows affected by economic factors, the Company disaggregates revenue as follows for the quarters and six months ended June 28, 2024 and June 30, 2023 (in thousands): Quarter Ended Six Months Ended June 28, June 30, June 28, June 30, 2024 2023 2024 2023 Global S&BT: North America Consulting $ 34,948 $ 36,444 $ 68,638 $ 72,611 International Consulting 7,314 7,188 14,516 13,356 Total Global S&BT $ 42,262 $ 43,632 $ 83,154 $ 85,967 Oracle Solutions: Consulting and software support and maintenance $ 23,045 $ 20,775 $ 44,774 $ 37,943 Total Oracle Solutions $ 23,045 $ 20,775 $ 44,774 $ 37,943 SAP Solutions: Consulting and software support and maintenance $ 10,806 $ 11,054 $ 20,642 $ 21,767 Software license sales 1,543 1,641 6,273 2,654 Total SAP Solutions $ 12,349 $ 12,695 $ 26,915 $ 24,421 Total segment revenue $ 77,656 $ 77,102 $ 154,843 $ 148,331 The total revenue from the Global S&BT segment, the Oracle Solutions segment and the SAP Solutions segment's consulting and software support and maintenance services is all recognized over time. The software license sales revenue included in the SAP Solutions segment is recognized at a point in time. Capitalized Sales Commissions Sales commissions earned by the Company’s sales force are considered the incremental and recoverable costs of obtaining a contract with a customer. These costs are deferred and then amortized as project revenue is recognized. The Company determined the period of amortization by taking into consideration the customer contract period, which is generally less than 12 months. Commission expenses are included in the Selling, general and administrative costs in the accompanying consolidated statements of operations. As of Decemb er 29, 2023 and December 30, 2022, the Company had $ 1.7 million and $ 1.5 million, respectively, of deferred commissions, of which $ 0.4 million and $ 0.6 million was amortized during both the quarters and six months ended June 28, 2024 and June 29, 30, 2023, respectively. No impairment loss was recognized relating to the capitalization of deferred commissions. 1. Basis of Presentation and General Information (continued) Practical Expedients The Company does not disclose the value of unsatisfied performance obligations for contracts with an original expected length of one year or less. The Company does not assess whether a contract has a significant financing component if the expectation at contract inception is such that the period between payment by the customer and the transfer of the promised goods or services to the customer will be less than one year. Sales tax collected from customers and remitted to the applicable taxing authorities is accounted for on a net basis, with no impact on revenue. Expense reimbursements that are billable to clients are included in total revenue and are substantially all billed as time-and-material billing arrangements. Therefore, the Company recognizes all reimbursable expenses as revenue as the related services are provided, using the right to invoice practical expedient. Reimbursable expenses are recognized as expenses in the period in which the expense is incurred. Any expense reimbursements that are billable to clients under fixed-fee billing arrangements are recognized in line with the proportionate performance approach. Fair Value The Company’s financial instruments consist of cash, accounts receivable and contract assets, accounts payable, accrued expenses and other liabilities, contract liabilities and long-term debt. As of June 28, 2024 and December 29, 2023, the carrying amount of each financial instrument approximated the instrument’s respective fair value due to either the short-term nature or the maturity of these instruments. The Company uses significant other observable market data or assumptions (Level 2 inputs as defined in accounting guidance) that it believes market participants would use in pricing debt. The fair value of the debt approximated the carrying amount, using Level 2 inputs, due to the short-term variable interest rates based on market rates. Recent Accounting Pronouncements In December 2023, accounting guidance was issued that enhances the transparency of income tax disclosures related to rate reconciliation and income taxes. The enhancements in this update are effective for fiscal years beginning after December 15, 2023. The Company is currently evaluating the impact of adopting this guidance on its footnote disclosures. In November 2023, accounting guidance was issued that requires additional disclosures of reportable segment information. The guidance requires that public entities disclose, on an annual and interim basis (1) significant segment expenses that are regularly provided to the chief operating decision maker (“CODM”) and included within each reported measure of segment profit or loss, (2) an amount for other segment items by reportable segment and a description of its composition, (3) provide all annual disclosures about a reportable segment’s profit or loss and assets currently required by Topic 280 in interim periods, (4) clarify that if the CODM uses more than one measure of a segment’s profit or loss in assessing segment performance and deciding how to allocate resources, a public entity may report one or more of those additional measures of segment profit; at least one of the reported segment profit or loss measures should be the measure that is most consistent with the measurement principles used in measuring the corresponding amounts in the public entity’s consolidated financial statements, (5) the title and position of the CODM and an explanation of how the CODM uses the reported measure(s) of segment profit or loss in assessing segment performance and in deciding how to allocate resources, and (6) if a public entity has a single reportable segment to provide all the disclosures required by the amendments in this update and all existing segment disclosures in Topic 280. The amendments in this update do not change how operating segments are identified or aggregated nor how the quantitative thresholds are applied to determine its reportable segments. The amendments in this update are effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The amendments in this update should be applied retrospectively to all prior periods presented in the financial statements. Upon transition, the segment expense categories and amounts disclosed in t he prior periods should be based on the significant segment expense categories identified and disclosed in the period of adoption. The Company is currently evaluating the impact the adoption of this accounting standard update will have on its footnote disclosures.

Net Income Per Common Share

Net Income Per Common Share	6 Months Ended
	Jun. 28, 2024
Earnings Per Share [Abstract]
Net Income Per Common Share	2. Net Income per Common Share Basic net income per common share is computed by dividing net income by the weighted average number of common shares outstanding during the period. With regard to common stock subject to vesting requirements and restricted stock units issued to the Company’s employees and non-employee members of its Board of Directors, the calculation includes only the vested portion of such stock and units. Diluted net income per common share is computed by dividing net income by the weighted average number of common shares outstanding, increased by the assumed conversion of other potentially dilutive securities during the period. The following table reconciles basic and dilutive weighted average common shares: Quarter Ended Six Months Ended June 28, June 30, June 28, June 30, 2024 2023 2024 2023 Basic weighted average common shares outstanding 27,616,089 27,191,648 27,519,275 27,109,054 Effect of dilutive securities: Unvested restricted stock units and common stock subject 326,600 355,999 290,033 299,078 Dilutive weighted average common shares outstanding 27,942,689 27,547,647 27,809,308 27,408,132 Approximately 5 hundred shares and 2 thousand shares of common stock equivalents were excluded from the computations of diluted net income per common share for the quarter and six months ended June 28, 2024, respectively, as compared to 5 thousand shares and 3 thousand shares for the same periods in 2023, respectively, as inclusion would have had an anti-dilutive effect on diluted net income per common share.

Accounts Receivable and Contrac

Accounts Receivable and Contract Assets, Net	6 Months Ended
	Jun. 28, 2024
Receivables, Net, Current [Abstract]
Accounts Receivable and Contract Assets, Net	3. Accounts Receivable and Contract Assets, Net Accounts receivable and contract assets, net, consisted of the following (in thousands): June 28, December 29, 2024 2023 Accounts receivable $ 38,398 $ 35,640 Contract assets (unbilled revenue) 21,248 17,545 Allowance for doubtful accounts ( 1,513 ) ( 1,072 ) Accounts receivable and contract assets, net $ 58,133 $ 52,113 Accounts receivable is net of uncollected advanced billings. Contract assets represent revenue for services performed that have not been invoiced.

Accrued Expenses and Other Liab

Accrued Expenses and Other Liabilities	6 Months Ended
	Jun. 28, 2024
Accrued Liabilities And Other Liabilities Current [Abstract]
Accrued Expenses and Other Liabilities	4. Accrued Expenses and Other Liabilities Accrued expenses and other liabilities consisted of the following (in thousands): June 28, December 29, 2024 2023 Accrued compensation and benefits $ 11,672 $ 9,162 Accrued bonuses 3,865 8,246 Accrued dividend payable 3,037 2,997 Accrued sales, use, franchise and VAT tax 2,710 2,862 Non-cash stock based compensation accrual 264 408 Other accrued expenses 2,500 3,126 Total accrued expenses and other liabilities $ 24,048 $ 26,801

Lease Commitments

Lease Commitments	6 Months Ended
	Jun. 28, 2024
Leases [Abstract]
Lease Commitments	5. Lease Commitments The Company has operating leases for office space and, to a much lesser extent, operating leases for equipment. The Company’s office leases are between terms of 1 year and 5 years. Rents usually increase annually in accordance with defined rent steps or are based on current year consumer price index adjustments. Some of the lease agreements contain one or more of the following provisions: tenant allowances, rent holidays, lease premiums, and rent escalation clauses. There are typically no purchase options, residual value guarantees or restrictive covenants. When renewal options exist, the Company generally does not deem them to be reasonably certain to be exercised, and therefore the amounts are not recognized as part of the lease liability nor the right of use asset. The components of lease expense were as follows for the six months ended June 28, 2024 (in thousands): Operating lease cost $ 582 Total net lease costs $ 582 The weighted average remaining lease term is 3.7 years. The weighted average discount rate utilized is 5.6 %. For the quarter and six months ended June 28, 2024, the Company paid $ 0.4 million and $ 0.8 million, respectively, from operating cash flows for its operating leases. Future minimum lease commitments under non-cancellable operating leases as of June 28, 2024, were as follows (in thousands): 2024 (excluding the six months ended June 28, 2024) $ 611 2025 911 2026 769 2027 693 2028 and thereafter 494 Total lease payments 3,478 Less imputed interest ( 429 ) Total $ 3,049 As of June 28, 2024, the Company does not have any additional material operating leases that have not yet commenced .

Credit Facility

Credit Facility	6 Months Ended
	Jun. 28, 2024
Debt Disclosure [Abstract]
Credit Facility	6. Credit Facility On November 7, 2022, the Company entered into a third amended and restated credit agreement (the “Credit Agreement”) with Bank of America, N.A., as administrative agent, and the lenders party thereto, pursuant to which the lenders agreed to amend and restate its existing credit agreement, in order to extend the maturity date of the revolving line of credit and provide the Company with an additional $ 55.0 million in borrowing capacity, for an aggregate amount of up to $ 100.0 million from time to time pursuant to a revolving line of credit (the “Credit Facility”). The Credit Facility matures on November 7, 2027 . The obligations of Hackett under the Credit Facility are guaranteed by active existing and future material U.S. subsidiaries of Hackett (the “U.S. Subsidiaries”) and are secured by substantially all of the existing and future property and assets of Hackett and the U.S. Subsidiaries. The interest rates per annum applicable to loans under the Credit Facility will be, at the Company’s option, equal to either a base rate or a Bloomberg Short-Term Bank Yield Index ("BSBY"). The applicable margin percentage is based on the consolidated leverage ratio, as defined in the Credit Agreement. As of June 28, 2024, the applicable margin percentage was 1.50 % per annum for th e BSBY rate, and 0.75 % per annum, for the base rate. As of June 28, 2024, the interest rate on the Company's outstanding debt was 6.9 %, utilizing the BSBY margin percentage. The interest rate of the commitment fee as of June 28, 2024 was 0.125 %. Interest payments are made monthly . Effective June 29, 2024, the Company has changed its interest rate index from BSBY to the Secured Overnight Financing Rate ("SOFR") rate. The Company is subject to certain covenants, including total consolidated leverage, fixed cost coverage and liquidity requirements, each as set forth in the Credit Agreement, subject to certain exceptions. As of June 28, 2024, the Company was in compliance with all covenants. 6. Credit Facility (continued) As of June 28, 2024, the Company had $ 27.0 million of outstanding debt, excluding $ 0.3 million of deferred debt costs, which will be amortized over the remaining life of the Credit Facility. As of December 29, 2023, the Company had $ 33.0 million of outstanding debt, excluding $ 0.3 million of deferred debt costs.

Stock Based Compensation

Stock Based Compensation	6 Months Ended
	Jun. 28, 2024
Share-Based Payment Arrangement [Abstract]
Stock Based Compensation	7. Stock Based Compensation During the quarter and six months ended June 28, 2024, the Company issued 5,822 and 423,953 restricted stock units, respectively, at a weighted average grant-date fair value of $ 21.47 and $ 23.35 per share, respectively. As of June 28, 2024 , the Company had 1,040,808 restricted stock units outstanding at a weighted average grant-date fair value of $ 21.60 per share. As of June 28, 2024 , $ 15.9 million of total restricted stock unit non-cash compensation expense related to unvested awards had not been recognized and is expected to be recognized over a weighted average period of approximately 2.2 years. Forfeitures for all of the Company’s outstanding equity awards are recognized as incurred.

Shareholders' Equity

Shareholders' Equity	6 Months Ended
	Jun. 28, 2024
Stockholders' Equity Note [Abstract]
Shareholders' Equity	8. Shareholders’ Equity Treasury Stock On July 30, 2002, the Company announced that its Board of Directors approved the repurchase of the Company’s common stock through its share repurchase program. Since the inception of the repurchase plan, the Board of Directors has approved the repurchase of $ 287.2 million of the Company’s common stock. As of June 28, 2024, the Company had affected cumulative purchases under the plan of $ 274.3 million, leaving $ 12.9 million available for future purchases. During the quarter ended June 28, 2024 and June 30, 2023, the Company did no t repurchase any outstanding stock in the open market. During the six months ended June 28, 2024 and June 30, 2023, the Company repurchased 43 thousand shares and 37 thousand shares, respectively, from members of its Board of Directors at an average price per share of $ 24.34 and $ 18.98 , respectively, for a total cost of $ 1.1 million and $ 0.7 million, respectively. There is no expiration of the Company's repurchase authorization. Under the repurchase plan, the Company may buy back shares of its outstanding stock either on the open market or through privately negotiated transactions, subject to market conditions and trading restrictions. The Company holds repurchased shares of its common stock as treasury stock and accounts for treasury stock under the cost method. Shares purchased under the repurchase plan do not include shares withheld to satisfy withholding tax obligations. These withheld shares are never issued and in lieu of issuing the shares, taxes were paid on the employee’s behalf. During the quarter and six months ended June 28, 2024, the Company withheld and did not issue 6 thousand shares and 168 thousand shares, respectively, for a cost of $ 0.1 million and $ 3.9 million, respectively. During the quarter and six months ended June 30, 2023, the Company withheld and did not issue 6 thousand shares and 168 thousand shares, respectively, for a cost of $ 0.1 million and $ 3.6 million, respectively. The shares withheld for taxes are included under issuance of common stock in the accompanying consolidated statements of shareholders’ equity. Dividend Program During the first half of 2024, the Company declared two quarterly dividends to its shareholders for an aggregate of $ 6.1 million, which was paid in April 2024 and July 2024 . These dividends were paid from U.S. domestic sources and are accounted for as a decrease to retained earnings . Subsequent to June 28, 2024, the Company declared its third quarter dividend in 2024 to be paid in October 2024 .

Transactions with Related Parti

Transactions with Related Parties	6 Months Ended
	Jun. 28, 2024
Related Party Transactions [Abstract]
Transactions with Related Parties	9. Transactions with Related Parties During the six months ended June 28, 2024 , the Company bought back 43 thousand shares of its common stock from members of its Board of Directors for $ 1.1 million, or $ 24.34 per share.

Litigation

Litigation	6 Months Ended
	Jun. 28, 2024
Commitments and Contingencies Disclosure [Abstract]
Litigation	10. Litigation The Company is involved in legal proceedings, claims, and litigation arising in the ordinary course of business not specifically discussed herein. In the opinion of management, the final disposition of such matters will not have a material adverse effect on the Company’s financial position, cash flows or results of operations.

Segment Information and Geograp

Segment Information and Geographical Data	6 Months Ended
	Jun. 28, 2024
Segment Reporting [Abstract]
Segment Information and Geographical Data	11. Segment Information and Geographical Data The Company has organized its operating and internal reporting structure to align with its primary market solutions. In accordance with ASC 280, the Company determined it has three operating segments and three reportable segments: (1) Global S&BT, (2) Oracle Solutions, and (3) SAP Solutions. Global S&BT includes the results of the Company’s strategic business consulting practices; Oracle Solutions includes the results of the Company’s Oracle EPM/ERP and Digital AMS practices; SAP Solutions includes the Company’s SAP applications and related SAP service offerings. The SAP Solutions reportable segment is the only segment that contains software sales revenue. The measurement criteria for segment profit or loss are substantially the same for each reportable segment, excluding any unusual or infrequent items, if any. Segment profit consists of the revenue generated by a segment, less operating expenses that are incurred directly by the segment. Unallocated costs include corporate costs related to the administrative functions that are performed in a centralized manner and that are not attributable to a particular segment, depreciation and amortization expense, interest expense, non-cash compensation expense and any non-recurring transactions. Segment information related to assets has been omitted as the chief operating decision maker does not receive discrete financial information regarding assets at the segment level. 11. Segment Information and Geographical Data (continued) The tables below set forth information about the Company’s operating segments for the quarter and six months ended June 28, 2024 and June 30, 2023, along with the items necessary to reconcile the segment information to the totals reported in the accompanying consolidated financial statements (in thousands): Quarter Ended Six Months Ended June 28, June 30, June 28, June 30, 2024 2023 2024 2023 Global S&BT: Total revenue* $ 42,262 $ 43,632 $ 83,154 $ 85,967 Segment profit 12,748 13,102 22,802 26,909 Oracle Solutions: Total revenue* $ 23,045 $ 20,775 $ 44,774 $ 37,943 Segment profit 5,369 5,886 10,630 8,935 SAP Solutions: Total revenue* $ 12,349 $ 12,695 $ 26,915 $ 24,421 Segment profit 3,253 2,990 8,135 5,624 Total Company: Total revenue* $ 77,656 $ 77,102 $ 154,843 $ 148,331 Total segment profit $ 21,370 $ 21,978 $ 41,567 $ 41,468 Items not allocated to segment level: Corporate general and administrative expenses** 5,063 5,610 10,092 10,571 Non-cash stock based compensation expense 2,850 2,772 5,449 5,219 Legal settlement and related costs - - 102 - Depreciation expense 941 806 1,883 1,636 Interest expense, net 512 921 984 1,780 Income before taxes $ 12,004 $ 11,869 $ 23,057 $ 22,262 *Total revenue includes reimbursable expenses, which are project travel-related expenses passed through to a client with no associated operating margin. **Corporate general and administrative expenses primarily include costs related to business support functions including accounting and finance, human resources, legal, information technology and office administration, as well as any foreign currency gains and losses. Corporate general and administrative expenses exclude one-time, non-recurring expenses and benefits. The tables below set forth information on the Company's geographical data. Total revenue, which is primarily based on the country of the contracting entity, was attributed to the following geographical areas (in thousands): Quarter Ended Six Months Ended June 28, June 30, June 28, June 30, 2024 2023 2024 2023 United States $ 64,133 $ 65,272 $ 128,884 $ 126,622 Europe 8,630 7,673 16,623 13,734 Other (Australia, Canada, India and Uruguay) 4,893 4,157 9,336 7,975 Total revenue $ 77,656 $ 77,102 $ 154,843 $ 148,331 11. Segment Information and Geographical Data (continued) Long-lived assets are attributable to the following geographic areas (in thousands): June 28, December 29, 2024 2023 Long-lived assets: United States $ 92,426 $ 91,065 Europe 14,330 14,481 Other (Australia, Canada, India and Uruguay) 509 444 Total long-lived assets $ 107,265 $ 105,990 As of June 28, 2024 and December 29, 2023 , foreign assets included $ 14.1 million and $ 14.3 million, respectively, of goodwill related to acquisitions.

Basis of Presentation and Gen_2

Basis of Presentation and General Information (Policies)	6 Months Ended
	Jun. 28, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying consolidated financial statements of The Hackett Group , Inc. (“Hackett” or the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and include the Company’s accounts and those of its wholly-owned subsidiaries which the Company is required to consolidate. All intercompany transactions and balances have been eliminated in the consolidation. In the opinion of management, the accompanying consolidated financial statements reflect all normal and recurring adjustments which are necessary for a fair presentation of the Company’s financial position, results of operations, and cash flows as of the dates and for the periods presented. The consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. Accordingly, these statements do not include all the disclosures normally required by U.S. GAAP for annual financial statements and should be read in conjunction with the consolidated financial statements and notes thereto for the year ended December 29, 2023, included in the Annual Report on Form 10-K filed by the Company with the SEC on March 1, 2024. The consolidated results of operations for the quarter and six months ended June 28, 2024 , are not necessarily indicative of the results to be expected for any future period or for the full fiscal year.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates.
Segment Reporting	Segment Reporting Segments are defined as components of a company that engage in business activities from which they earn revenue and incur expenses, and for which separate financial information is available and is evaluated regularly by the chief operating decision maker, or decision-making group, in deciding how to allocate resources and in assessing performance. The Company assesses its operating segments under the management approach in accordance with ASC 280, "Segment Reporting" (ASC 280), and has determined that it has three operating segments: Global S&BT, Oracle Solutions and SAP Solutions which are also its reportable segments. See Note 11 “Segment Information and Geographical Data” for detailed segment information.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets For acquisitions accounted for as a business combination, goodwill represents the excess of the cost over the fair value of the net assets acquired. The Company has organized its operating and internal reporting structure to align with its primary market solutions. In accordance with ASC 280, management made the determination to present three operating segments, three reportable segments and three reporting units as follows: (1) Global S&BT, (2) Oracle Solutions, and (3) SAP Solutions. Global S&BT includes the results of the Company’s strategic business consulting practices; Oracle Solutions includes the results of the Company’s Oracle EPM/ERP and Digital AMS practices; SAP Solutions includes the Company’s SAP applications and related SAP service offerings. A reporting unit is an operating segment or one level below an operating segment to which goodwill is assigned. The goodwill was allocated to the reporting unit based on the reporting unit's relative fair value. The carrying amount of goodwill by reporting unit is as follows (in thousands): Foreign December 29, Additions/ Currency June 28, 2023 Adjustments Translation 2024 Global S&BT $ 57,550 $ - $ ( 132 ) $ 57,418 Oracle Solutions 16,699 — — 16,699 SAP Solutions 9,993 — — 9,993 Goodwill $ 84,242 $ - $ ( 132 ) $ 84,110
Revenue Recognition	Revenue Recognition The Company primarily generates its revenue from providing professional services to its clients. The Company also generates revenue from software sales, software maintenance and support and subscriptions to its executive and best practices advisory programs. A single contract could include one or multiple performance obligations. For those contracts that have multiple performance obligations, the Company allocates the total transaction price to each performance obligation based on its relative standalone selling price. The Company determines the standalone selling price based on the respective selling price of the individual elements when sold separately. Revenue is recognized when control of the goods and services provided are transferred to the Company’s customers, in an amount that reflects the consideration it expects to be entitled to in exchange for those goods and services using the following steps: 1) identify the contract, 2) identify the performance obligations, 3) determine the transaction price, 4) allocate the transaction price to the performance obligations in the contract, and 5) recognize revenue as or when the Company satisfies the performance obligations. The Company typically satisfies its performance obligations for professional services over time as the related services are provided. The performance obligations related to software maintenance and support and subscriptions to its executive and best practice advisory programs are typically satisfied evenly over the course of the service period. Other performance obligations, such as software sales, are satisfied at a point in time. The Company generates revenue under four types of billing arrangements: fixed-fee; time-and-materials; executive and best practice advisory services; and software sales and software maintenance and support. In fixed-fee billing arrangements, which would also include contracts with capped fees, the Company agrees to a pre-established fee or fee cap in exchange for a predetermined set of professional services. The Company sets the fees based on its estimates of the costs and timing for completing the engagements. The Company generally recognizes revenue under fixed-fee or capped fee arrangements using a proportionate performance approach, which is based on work completed to-date as compared to estimates of the total services to be provided under the engagement. Estimates of total engagement revenue and cost of services are monitored regularly during the term of the engagement. If the Company’s estimates indicate a potential loss, such a loss is recognized in the period in which the loss first becomes probable and reasonably estimable. The customer is invoiced based on the contractual agreement between the parties, typically bi-weekly, monthly or milestone driven, with net thirty or sixty-day terms, however client terms are subject to change. Time-and-material billing arrangements require the client to pay based on the number of hours worked by the Company’s consultants at agreed hourly rates. The Company recognizes revenue under time-and-material arrangements as the related services or goods are provided, using the right to invoice practical expedient which allows it to recognize revenue in the amount based on the number of hours worked and the agreed upon hourly rates. The customer is invoiced based on the contractual agreement between the parties, typically bi-weekly, monthly or milestone driven, with net thirty or sixty-day terms, however client terms are subject to change. Advisory services contracts are typically in the form of a subscription agreement which allows the customer access to the Company’s executive and best practice advisory programs. There is typically a single performance obligation and the transaction price is the contractual amount of the subscription agreement. Revenue from advisory services contracts is recognized ratably over the life of the agreements. Customers are typically invoiced at the inception of the contract, with net thirty or sixty-day terms, however client terms are subject to change. The resale of on-premise software, cloud software and maintenance contracts are in the form of SAP America ("SAP") software or maintenance agreements provided by SAP. SAP is the principal and the Company is the agent in these transactions as the Company does not obtain title to the software and maintenance which is sold simultaneously. The transaction price is the Company’s agreed-upon percentage of the software sale for either on-premise software or cloud software or maintenance amount in the contract with the vendor. Revenue for the resale of software is recognized upon contract execution and customer’s receipt of the software. The Company also provides software maintenance on other ERP systems, primarily Oracle. Revenue from maintenance contracts is recognized ratably over the life of the agreements. The customer is typically invoiced at contract inception, with net thirty or sixty-day terms, however client terms are subject to change. Revenue before reimbursements excludes reimbursable expenses charged to clients. Reimbursements, which include travel and out-of-pocket expenses, are included in revenue, and an equivalent amount of reimbursable expenses is included in the cost of service. Expense reimbursements that are billable to clients are included in total revenue and are substantially all billed as time-and-material billing arrangements. Therefore, the Company recognizes all reimbursable expenses as revenue as the related services are provided, using the right to invoice practical expedient. Reimbursable expenses are recognized as expenses in the period in which the expense is incurred. Any expense reimbursements that are billable to clients under fixed-fee billing arrangements are recognized in line with the proportionate performance approach. 1. Basis of Presentation and General Information (continued) The payment terms and conditions in the Company’s customer contracts vary. The agreements entered into in connection with a project, whether time and materials-based or fixed-fee or capped-fee based, typically allow clients to terminate early due to breach or for convenience with 30 days’ notice. In the event of termination, the client is contractually required to pay for all time, materials and expenses incurred by the Company through the effective date of the termination. In addition, from time to time the Company enters into agreements with its clients that limit its right to enter into business relationships with specific competitors of that client for a specific time period. These provisions typically prohibit the Company from performing a defined range of services which it might otherwise be willing to perform for potential clients. These provisions are generally limited to six to twelve months and usually apply only to specific employees or the specific project team. Differences between the timing of billings and the recognition of revenue are recognized as either contract assets or contract liabilities in the accompanying consolidated balance sheets. Revenue recognized for services performed but not yet billed to clients is recorded as contract assets and is included within accounts receivable and contract assets. Services not yet performed, however billed to the client and uncollected at period end, are recorded as contract assets and are included within accounts receivable and contract assets. Client prepayments are classified as contract liabilities and recognized over future periods as earned in accordance with the applicable engagement agreement. See Note 3 for the accounts receivable and contract asset balances. During the quarter and six months ended June 28, 2024, the Company recog nized $ 3.3 million and $ 9.0 million, respectively, of revenue as a result of changes in the contract liability balance, as compared to $ 2.8 million and $ 10.6 million, respectively, for the quarter and six months ended June 30, 2023. Based on the information that management reviews internally for evaluating operating segment performance and nature, amount, timing, and uncertainty of revenue and cash flows affected by economic factors, the Company disaggregates revenue as follows for the quarters and six months ended June 28, 2024 and June 30, 2023 (in thousands): Quarter Ended Six Months Ended June 28, June 30, June 28, June 30, 2024 2023 2024 2023 Global S&BT: North America Consulting $ 34,948 $ 36,444 $ 68,638 $ 72,611 International Consulting 7,314 7,188 14,516 13,356 Total Global S&BT $ 42,262 $ 43,632 $ 83,154 $ 85,967 Oracle Solutions: Consulting and software support and maintenance $ 23,045 $ 20,775 $ 44,774 $ 37,943 Total Oracle Solutions $ 23,045 $ 20,775 $ 44,774 $ 37,943 SAP Solutions: Consulting and software support and maintenance $ 10,806 $ 11,054 $ 20,642 $ 21,767 Software license sales 1,543 1,641 6,273 2,654 Total SAP Solutions $ 12,349 $ 12,695 $ 26,915 $ 24,421 Total segment revenue $ 77,656 $ 77,102 $ 154,843 $ 148,331 The total revenue from the Global S&BT segment, the Oracle Solutions segment and the SAP Solutions segment's consulting and software support and maintenance services is all recognized over time. The software license sales revenue included in the SAP Solutions segment is recognized at a point in time. Capitalized Sales Commissions Sales commissions earned by the Company’s sales force are considered the incremental and recoverable costs of obtaining a contract with a customer. These costs are deferred and then amortized as project revenue is recognized. The Company determined the period of amortization by taking into consideration the customer contract period, which is generally less than 12 months. Commission expenses are included in the Selling, general and administrative costs in the accompanying consolidated statements of operations. As of Decemb er 29, 2023 and December 30, 2022, the Company had $ 1.7 million and $ 1.5 million, respectively, of deferred commissions, of which $ 0.4 million and $ 0.6 million was amortized during both the quarters and six months ended June 28, 2024 and June 29, 30, 2023, respectively. No impairment loss was recognized relating to the capitalization of deferred commissions. 1. Basis of Presentation and General Information (continued) Practical Expedients The Company does not disclose the value of unsatisfied performance obligations for contracts with an original expected length of one year or less. The Company does not assess whether a contract has a significant financing component if the expectation at contract inception is such that the period between payment by the customer and the transfer of the promised goods or services to the customer will be less than one year. Sales tax collected from customers and remitted to the applicable taxing authorities is accounted for on a net basis, with no impact on revenue. Expense reimbursements that are billable to clients are included in total revenue and are substantially all billed as time-and-material billing arrangements. Therefore, the Company recognizes all reimbursable expenses as revenue as the related services are provided, using the right to invoice practical expedient. Reimbursable expenses are recognized as expenses in the period in which the expense is incurred. Any expense reimbursements that are billable to clients under fixed-fee billing arrangements are recognized in line with the proportionate performance approach.
Fair Value	Fair Value The Company’s financial instruments consist of cash, accounts receivable and contract assets, accounts payable, accrued expenses and other liabilities, contract liabilities and long-term debt. As of June 28, 2024 and December 29, 2023, the carrying amount of each financial instrument approximated the instrument’s respective fair value due to either the short-term nature or the maturity of these instruments. The Company uses significant other observable market data or assumptions (Level 2 inputs as defined in accounting guidance) that it believes market participants would use in pricing debt. The fair value of the debt approximated the carrying amount, using Level 2 inputs, due to the short-term variable interest rates based on market rates.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In December 2023, accounting guidance was issued that enhances the transparency of income tax disclosures related to rate reconciliation and income taxes. The enhancements in this update are effective for fiscal years beginning after December 15, 2023. The Company is currently evaluating the impact of adopting this guidance on its footnote disclosures. In November 2023, accounting guidance was issued that requires additional disclosures of reportable segment information. The guidance requires that public entities disclose, on an annual and interim basis (1) significant segment expenses that are regularly provided to the chief operating decision maker (“CODM”) and included within each reported measure of segment profit or loss, (2) an amount for other segment items by reportable segment and a description of its composition, (3) provide all annual disclosures about a reportable segment’s profit or loss and assets currently required by Topic 280 in interim periods, (4) clarify that if the CODM uses more than one measure of a segment’s profit or loss in assessing segment performance and deciding how to allocate resources, a public entity may report one or more of those additional measures of segment profit; at least one of the reported segment profit or loss measures should be the measure that is most consistent with the measurement principles used in measuring the corresponding amounts in the public entity’s consolidated financial statements, (5) the title and position of the CODM and an explanation of how the CODM uses the reported measure(s) of segment profit or loss in assessing segment performance and in deciding how to allocate resources, and (6) if a public entity has a single reportable segment to provide all the disclosures required by the amendments in this update and all existing segment disclosures in Topic 280. The amendments in this update do not change how operating segments are identified or aggregated nor how the quantitative thresholds are applied to determine its reportable segments. The amendments in this update are effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The amendments in this update should be applied retrospectively to all prior periods presented in the financial statements. Upon transition, the segment expense categories and amounts disclosed in t he prior periods should be based on the significant segment expense categories identified and disclosed in the period of adoption. The Company is currently evaluating the impact the adoption of this accounting standard update will have on its footnote disclosures.

Basis of Presentation and Gen_3

Basis of Presentation and General Information (Tables)	6 Months Ended
	Jun. 28, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Summary of Carrying Amount of Goodwill	The carrying amount of goodwill by reporting unit is as follows (in thousands): Foreign December 29, Additions/ Currency June 28, 2023 Adjustments Translation 2024 Global S&BT $ 57,550 $ - $ ( 132 ) $ 57,418 Oracle Solutions 16,699 — — 16,699 SAP Solutions 9,993 — — 9,993 Goodwill $ 84,242 $ - $ ( 132 ) $ 84,110
Summary of Disaggregation of Total Revenue	Based on the information that management reviews internally for evaluating operating segment performance and nature, amount, timing, and uncertainty of revenue and cash flows affected by economic factors, the Company disaggregates revenue as follows for the quarters and six months ended June 28, 2024 and June 30, 2023 (in thousands): Quarter Ended Six Months Ended June 28, June 30, June 28, June 30, 2024 2023 2024 2023 Global S&BT: North America Consulting $ 34,948 $ 36,444 $ 68,638 $ 72,611 International Consulting 7,314 7,188 14,516 13,356 Total Global S&BT $ 42,262 $ 43,632 $ 83,154 $ 85,967 Oracle Solutions: Consulting and software support and maintenance $ 23,045 $ 20,775 $ 44,774 $ 37,943 Total Oracle Solutions $ 23,045 $ 20,775 $ 44,774 $ 37,943 SAP Solutions: Consulting and software support and maintenance $ 10,806 $ 11,054 $ 20,642 $ 21,767 Software license sales 1,543 1,641 6,273 2,654 Total SAP Solutions $ 12,349 $ 12,695 $ 26,915 $ 24,421 Total segment revenue $ 77,656 $ 77,102 $ 154,843 $ 148,331

Net Income Per Common Share (Ta

Net Income Per Common Share (Tables)	6 Months Ended
	Jun. 28, 2024
Earnings Per Share [Abstract]
Reconciliation of Basic and Diluted Weighted Average Shares	The following table reconciles basic and dilutive weighted average common shares: Quarter Ended Six Months Ended June 28, June 30, June 28, June 30, 2024 2023 2024 2023 Basic weighted average common shares outstanding 27,616,089 27,191,648 27,519,275 27,109,054 Effect of dilutive securities: Unvested restricted stock units and common stock subject 326,600 355,999 290,033 299,078 Dilutive weighted average common shares outstanding 27,942,689 27,547,647 27,809,308 27,408,132

Accounts Receivable and Contr_2

Accounts Receivable and Contract Assets, Net (Tables)	6 Months Ended
	Jun. 28, 2024
Receivables, Net, Current [Abstract]
Accounts Receivable and Contract Assets, Net	Accounts receivable and contract assets, net, consisted of the following (in thousands): June 28, December 29, 2024 2023 Accounts receivable $ 38,398 $ 35,640 Contract assets (unbilled revenue) 21,248 17,545 Allowance for doubtful accounts ( 1,513 ) ( 1,072 ) Accounts receivable and contract assets, net $ 58,133 $ 52,113

Accrued Expenses and Other Li_2

Accrued Expenses and Other Liabilities (Tables)	6 Months Ended
	Jun. 28, 2024
Accrued Liabilities And Other Liabilities Current [Abstract]
Components of Accrued Expenses and Other Liabilities	Accrued expenses and other liabilities consisted of the following (in thousands): June 28, December 29, 2024 2023 Accrued compensation and benefits $ 11,672 $ 9,162 Accrued bonuses 3,865 8,246 Accrued dividend payable 3,037 2,997 Accrued sales, use, franchise and VAT tax 2,710 2,862 Non-cash stock based compensation accrual 264 408 Other accrued expenses 2,500 3,126 Total accrued expenses and other liabilities $ 24,048 $ 26,801

Lease Commitments (Tables)

Lease Commitments (Tables)	6 Months Ended
	Jun. 28, 2024
Leases [Abstract]
Components of Lease Expense	The components of lease expense were as follows for the six months ended June 28, 2024 (in thousands): Operating lease cost $ 582 Total net lease costs $ 582
Future Minimum Lease Commitments Under Non-Cancelable Operating Leases	Future minimum lease commitments under non-cancellable operating leases as of June 28, 2024, were as follows (in thousands): 2024 (excluding the six months ended June 28, 2024) $ 611 2025 911 2026 769 2027 693 2028 and thereafter 494 Total lease payments 3,478 Less imputed interest ( 429 ) Total $ 3,049

Segment Information and Geogr_2

Segment Information and Geographical Data (Tables)	6 Months Ended
	Jun. 28, 2024
Segment Reporting [Abstract]
Segment Information and Geographical Data	The tables below set forth information about the Company’s operating segments for the quarter and six months ended June 28, 2024 and June 30, 2023, along with the items necessary to reconcile the segment information to the totals reported in the accompanying consolidated financial statements (in thousands): Quarter Ended Six Months Ended June 28, June 30, June 28, June 30, 2024 2023 2024 2023 Global S&BT: Total revenue* $ 42,262 $ 43,632 $ 83,154 $ 85,967 Segment profit 12,748 13,102 22,802 26,909 Oracle Solutions: Total revenue* $ 23,045 $ 20,775 $ 44,774 $ 37,943 Segment profit 5,369 5,886 10,630 8,935 SAP Solutions: Total revenue* $ 12,349 $ 12,695 $ 26,915 $ 24,421 Segment profit 3,253 2,990 8,135 5,624 Total Company: Total revenue* $ 77,656 $ 77,102 $ 154,843 $ 148,331 Total segment profit $ 21,370 $ 21,978 $ 41,567 $ 41,468 Items not allocated to segment level: Corporate general and administrative expenses** 5,063 5,610 10,092 10,571 Non-cash stock based compensation expense 2,850 2,772 5,449 5,219 Legal settlement and related costs - - 102 - Depreciation expense 941 806 1,883 1,636 Interest expense, net 512 921 984 1,780 Income before taxes $ 12,004 $ 11,869 $ 23,057 $ 22,262 *Total revenue includes reimbursable expenses, which are project travel-related expenses passed through to a client with no associated operating margin. **Corporate general and administrative expenses primarily include costs related to business support functions including accounting and finance, human resources, legal, information technology and office administration, as well as any foreign currency gains and losses. Corporate general and administrative expenses exclude one-time, non-recurring expenses and benefits.
Geographic Revenue before Reimbursements	The tables below set forth information on the Company's geographical data. Total revenue, which is primarily based on the country of the contracting entity, was attributed to the following geographical areas (in thousands): Quarter Ended Six Months Ended June 28, June 30, June 28, June 30, 2024 2023 2024 2023 United States $ 64,133 $ 65,272 $ 128,884 $ 126,622 Europe 8,630 7,673 16,623 13,734 Other (Australia, Canada, India and Uruguay) 4,893 4,157 9,336 7,975 Total revenue $ 77,656 $ 77,102 $ 154,843 $ 148,331
Long-Lived Assets Attributable To Geographic Areas	Long-lived assets are attributable to the following geographic areas (in thousands): June 28, December 29, 2024 2023 Long-lived assets: United States $ 92,426 $ 91,065 Europe 14,330 14,481 Other (Australia, Canada, India and Uruguay) 509 444 Total long-lived assets $ 107,265 $ 105,990

Basis of Presentation and Gen_4

Basis of Presentation and General Information (Narrative) (Details)	3 Months Ended		6 Months Ended
	Jun. 28, 2024 USD ($)	Jun. 30, 2023 USD ($)	Jun. 28, 2024 USD ($) Segment	Jun. 30, 2023 USD ($)	Dec. 29, 2023 USD ($)	Dec. 30, 2022 USD ($)
Basis Of Presentation And General Information [Line Items]
Number of operating segments | Segment			3
Number of reportable segments | Segment			3
Number of reporting units | Segment			3
Revenue recognized as a result of change in contract liability	$ 3,300,000	$ 2,800,000	$ 9,000,000	$ 10,600,000
Deferred commissions					$ 1,700,000	$ 1,500,000
Commissions expense	400,000		600,000
Impairment loss recognized to capitalization of deferred commissions			0	0
Segment revenue	$ 77,656,000	$ 77,102,000	$ 154,843,000	$ 148,331,000
Minimum [Member]
Basis Of Presentation And General Information [Line Items]
Business relationship agreement period			6 months
Maximum [Member]
Basis Of Presentation And General Information [Line Items]
Business relationship agreement period			12 months
Customer contract period			12 months

Basis of Presentation and Gen_5

Basis of Presentation and General Information (Summary of Carrying Amount of Goodwill) (Details) $ in Thousands	6 Months Ended
	Jun. 28, 2024 USD ($)
Goodwill [Line Items]
Goodwill, Beginning Balance	$ 84,242
Foreign Currency Translation	(132)
Goodwill, Ending Balance	84,110
Global S&BT [Member]
Goodwill [Line Items]
Goodwill, Beginning Balance	57,550
Foreign Currency Translation	(132)
Goodwill, Ending Balance	57,418
Oracle Solutions [Member]
Goodwill [Line Items]
Goodwill, Beginning Balance	16,699
Goodwill, Ending Balance	16,699
SAP Solutions [Member]
Goodwill [Line Items]
Goodwill, Beginning Balance	9,993
Goodwill, Ending Balance	$ 9,993

Basis of Presentation and Gen_6

Basis of Presentation and General Information (Summary of Disaggregation of Total Revenue) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2024	Jun. 30, 2023	Jun. 28, 2024	Jun. 30, 2023
Disaggregation Of Revenue [Line Items]
Segment revenue	$ 77,656	$ 77,102	$ 154,843	$ 148,331
Global S&BT [Member]
Disaggregation Of Revenue [Line Items]
Segment revenue	42,262	43,632	83,154	85,967
Global S&BT [Member] | Consulting [Member] | North America [Member]
Disaggregation Of Revenue [Line Items]
Segment revenue	34,948	36,444	68,638	72,611
Global S&BT [Member] | Consulting [Member] | International [Member]
Disaggregation Of Revenue [Line Items]
Segment revenue	7,314	7,188	14,516	13,356
Oracle Solutions [Member]
Disaggregation Of Revenue [Line Items]
Segment revenue	23,045	20,775	44,774	37,943
Oracle Solutions [Member] | Consulting and Software Support and Maintenance [Member]
Disaggregation Of Revenue [Line Items]
Segment revenue	23,045	20,775	44,774	37,943
SAP Solutions [Member]
Disaggregation Of Revenue [Line Items]
Segment revenue	12,349	12,695	26,915	24,421
SAP Solutions [Member] | Consulting and Software Support and Maintenance [Member]
Disaggregation Of Revenue [Line Items]
Segment revenue	10,806	11,054	20,642	21,767
SAP Solutions [Member] | Software License Sales [Member]
Disaggregation Of Revenue [Line Items]
Segment revenue	$ 1,543	$ 1,641	$ 6,273	$ 2,654

Net Income Per Common Share (Re

Net Income Per Common Share (Reconciliation of Basic and Diluted Weighted Average Shares) (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 28, 2024	Jun. 30, 2023	Jun. 28, 2024	Jun. 30, 2023
Earnings Per Share [Abstract]
Basic weighted average common shares outstanding	27,616,089	27,191,648	27,519,275	27,109,054
Unvested restricted stock units and common stock subject to vesting requirements issued to employees and non-employees	326,600	355,999	290,033	299,078
Dilutive weighted average common shares outstanding	27,942,689	27,547,647	27,809,308	27,408,132

Net Income Per Common Share (Na

Net Income Per Common Share (Narrative) (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2024	Jun. 30, 2023	Jun. 28, 2024	Jun. 30, 2023
Earnings Per Share [Abstract]
Antidilutive common share equivalents	5	5	2	3

Accounts Receivable and Contr_3

Accounts Receivable and Contract Assets, Net (Details) - USD ($) $ in Thousands	Jun. 28, 2024	Dec. 29, 2023
Receivables, Net, Current [Abstract]
Accounts receivable	$ 38,398	$ 35,640
Contract assets (unbilled revenue)	21,248	17,545
Allowance for doubtful accounts	(1,513)	(1,072)
Accounts receivable and contract assets, net	$ 58,133	$ 52,113

Accrued Expenses and Other Li_3

Accrued Expenses and Other Liabilities (Details) - USD ($) $ in Thousands	Jun. 28, 2024	Dec. 29, 2023
Accrued Liabilities And Other Liabilities Current [Abstract]
Accrued compensation and benefits	$ 11,672	$ 9,162
Accrued bonuses	3,865	8,246
Accrued dividend payable	3,037	2,997
Accrued sales, use, franchise and VAT tax	2,710	2,862
Non-cash stock based compensation accrual	264	408
Other accrued expenses	2,500	3,126
Total accrued expenses and other liabilities	$ 24,048	$ 26,801

Lease Commitments (Narrative) (

Lease Commitments (Narrative) (Details) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 28, 2024 USD ($)	Jun. 28, 2024 USD ($)
Lessee Lease Description [Line Items]
Weighted average remaining lease term	3 years 8 months 12 days	3 years 8 months 12 days
Weighted average discount rate	5.60%	5.60%
Operating lease payments	$ 0.4	$ 0.8
Lessee, operating lease not yet commenced description		As of June 28, 2024, the Company does not have any additional material operating leases that have not yet commenced
Minimum [Member]
Lessee Lease Description [Line Items]
Operating leases terms	1 year	1 year
Maximum [Member]
Lessee Lease Description [Line Items]
Operating leases terms	5 years	5 years

Lease Commitments (Components o

Lease Commitments (Components of Lease Expense) (Details) $ in Thousands	6 Months Ended
	Jun. 28, 2024 USD ($)
Leases [Abstract]
Operating lease cost	$ 582
Total net lease costs	$ 582

Lease Commitments (Future Minim

Lease Commitments (Future Minimum Lease Commitments Under Non-Cancelable Operating Leases) (Details) $ in Thousands	Jun. 28, 2024 USD ($)
Leases [Abstract]
2024 (excluding the six months ended June 28, 2024)	$ 611
2025	911
2026	769
2027	693
2028 and thereafter	494
Total lease payments	3,478
Less imputed interest	(429)
Total	$ 3,049

Credit Facility (Narrative) (De

Credit Facility (Narrative) (Details) - Revolving line of credit facility [Member] - USD ($)		6 Months Ended	12 Months Ended
	Nov. 07, 2022	Jun. 28, 2024	Dec. 29, 2023
Line of Credit Facility [Line Items]
Borrowing capacity under credit facility	$ 100,000,000
Maturity date	Nov. 07, 2027
Frequency of interest payments		Interest payments are made monthly
Commitment fees percentage		0.125%
Additional borrowing capacity	$ 55,000,000
Debt balance		$ 27,000,000	$ 33,000,000
Amount drawn on loan		$ 300,000	$ 300,000
London Interbank Offered Rate (LIBOR) [Member]
Line of Credit Facility [Line Items]
Margin percentage base rate		1.50%
Base Rate [Member]
Line of Credit Facility [Line Items]
Margin percentage base rate		0.75%
BSBY [Member]
Line of Credit Facility [Line Items]
Interest rate on outstanding debt		6.90%

Stock Based Compensation (Narra

Stock Based Compensation (Narrative) (Details) - Restricted Stock Units [Member] $ / shares in Units, $ in Millions	3 Months Ended	6 Months Ended
	Jun. 28, 2024 USD ($) $ / shares shares	Jun. 28, 2024 USD ($) $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted | shares	5,822	423,953
Weighted average grant-date fair value | $ / shares	$ 21.47	$ 23.35
Shares outstanding | shares	1,040,808	1,040,808
Nonvested weighted average grant-date fair value | $ / shares	$ 21.6	$ 21.6
Compensation expense | $	$ 15.9	$ 15.9
Weighted average period		2 years 2 months 12 days

Shareholders' Equity (Narrative

Shareholders' Equity (Narrative) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		3 Months Ended				6 Months Ended
	Jul. 30, 2022	Jun. 28, 2024	Mar. 29, 2024	Jun. 30, 2023	Mar. 31, 2023	Jun. 28, 2024	Jun. 30, 2023	Jul. 01, 2024	Jun. 29, 2024	Apr. 01, 2024
Equity, Class of Treasury Stock [Line Items]
Total cost			$ 1,055	$ 23	$ 711
Amount available under repurchase plan		$ 12,900				$ 12,900
Stock repurchase additional authorized amount	$ 287,200
Cumulative purchases		274,300				274,300
Cost of shares withheld and not issued						3,925	$ 3,645
Dividend payment		$ 3,037	$ 3,036	$ 2,991	$ 2,990	$ 6,100
Dividends payable, date to be paid, year and month										2024-04
Subsequent Event [Member]
Equity, Class of Treasury Stock [Line Items]
Dividends payable, date declared, year									2024
Dividends payable, date to be paid, year and month								2024-07	2024-10
Share Repurchase Plan [Member]
Equity, Class of Treasury Stock [Line Items]
Repurchase of common stock		0		0		43	37
Total cost						$ 1,100	$ 700
Tax Withholding [Member]
Equity, Class of Treasury Stock [Line Items]
Shares withheld and not issued		6		6		168	168
Cost of shares withheld and not issued		$ 100		$ 100		$ 3,900	$ 3,600
Director [Member] | Share Repurchase Plan [Member]
Equity, Class of Treasury Stock [Line Items]
Purchase price per share						$ 24.34	$ 18.98

Transactions with Related Par_2

Transactions with Related Parties (Narrative) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended			6 Months Ended
	Mar. 29, 2024	Jun. 30, 2023	Mar. 31, 2023	Jun. 28, 2024
Related Party Transaction [Line Items]
Total cost	$ 1,055	$ 23	$ 711
Director [Member]
Related Party Transaction [Line Items]
Repurchase of common stock				43
Total cost				$ 1,100
Purchase price per share				$ 24.34

Segment Information and Geogr_3

Segment Information and Geographical Data (Narrative) (Details) $ in Millions	6 Months Ended
	Jun. 28, 2024 USD ($) Segment	Dec. 29, 2023 USD ($)
Segment Reporting [Abstract]
Number of operating segments	3
Number of reportable segments	3
Goodwill included in foreign assets | $	$ 14.1	$ 14.3

Segment Information and Geogr_4

Segment Information and Geographical Data (Segment Information and Geographical Data) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2024	Jun. 30, 2023	Jun. 28, 2024	Jun. 30, 2023
Segment Reporting Information [Line Items]
Total revenue	$ 77,656	$ 77,102	$ 154,843	$ 148,331
Segment profit	21,370	21,978	41,567	41,468
Corporate general and administrative expenses	5,063	5,610	10,092	10,571
Non-cash stock based compensation expense	2,850	2,772	5,449	5,219
Legal settlement and related costs			102
Depreciation expense	941	806	1,883	1,636
Interest expense, net	512	921	984	1,780
Income before income taxes	12,004	11,869	23,057	22,262
Global S&BT [Member]
Segment Reporting Information [Line Items]
Total revenue	42,262	43,632	83,154	85,967
Segment profit	12,748	13,102	22,802	26,909
Oracle Solutions [Member]
Segment Reporting Information [Line Items]
Total revenue	23,045	20,775	44,774	37,943
Segment profit	5,369	5,886	10,630	8,935
SAP Solutions [Member]
Segment Reporting Information [Line Items]
Total revenue	12,349	12,695	26,915	24,421
Segment profit	$ 3,253	$ 2,990	$ 8,135	$ 5,624

Segment Information and Geogr_5

Segment Information and Geographical Data (Geographic Revenue before Reimbursements) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2024	Jun. 30, 2023	Jun. 28, 2024	Jun. 30, 2023
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	$ 77,656	$ 77,102	$ 154,843	$ 148,331
United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	64,133	65,272	128,884	126,622
Europe [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	8,630	7,673	16,623	13,734
Other (Australia, Canada, India and Uruguay) [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenue	$ 4,893	$ 4,157	$ 9,336	$ 7,975

Segment Information and Geogr_6

Segment Information and Geographical Data (Long-Lived Assets Attributable To Geographic Areas) (Details) - USD ($) $ in Thousands	Jun. 28, 2024	Dec. 29, 2023
Revenues from External Customers and Long-Lived Assets [Line Items]
Total long-lived assets	$ 107,265	$ 105,990
United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total long-lived assets	92,426	91,065
Europe [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total long-lived assets	14,330	14,481
Other (Australia, Canada, India and Uruguay) [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total long-lived assets	$ 509	$ 444