The Hackett Group, Inc. (HCKT) 10-Q6 Nov 132013 Q3 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
Document and Entity Information	Sep. 27, 2013	Oct. 30, 2013
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'HACKETT GROUP, INC.	'
Entity Central Index Key	'0001057379	'
Document Type	'10-Q	'
Document Period End Date	27-Sep-13	'
Amendment Flag	'false	'
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'Q3	'
Current Fiscal Year End Date	'--12-27	'
Entity Filer Category	'Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	30,687,903

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Sep. 27, 2013	Dec. 28, 2012
In Thousands, unless otherwise specified	Sep. 27, 2013	Dec. 28, 2012
Current assets:	'	'
Cash and cash equivalents	$14,851	$16,906
Accounts receivable and unbilled revenue, net of allowance of $1,585 and $1,251 at September 27, 2013 and December 28, 2012, respectively	37,367	36,869
Deferred tax asset, net	4,194	4,741
Prepaid expenses and other current assets	3,116	2,335
Total current assets	59,528	60,851
Restricted cash	522	683
Property and equipment, net	13,032	12,859
Other assets	1,093	1,598
Goodwill, net	75,967	76,220
Non-current deferred tax asset, net	'	1,710
Total assets	150,142	153,921
Current liabilities:	'	'
Accounts payable	4,852	7,711
Accrued expenses and other liabilities	21,831	26,484
Current portion of long-term debt	'	2,895
Total current liabilities	26,683	37,090
Long-term deferred tax liability, net	2,677	'
Long-term debt	15,026	22,105
Total liabilities	44,386	59,195
Commitments and contingencies	'	'
Shareholders' equity:	'	'
Preferred stock, $.001 par value, 1,250,000 shares authorized, none issued and outstanding	'	'
Common stock, $.001 par value, 125,000,000 shares authorized; 52,939,594 and 52,235,764 shares issued at September 27, 2013 and December 28, 2012, respectively	53	52
Additional paid-in capital	267,543	263,135
Treasury stock, at cost, 21,295,078 and 21,171,370 shares at September 27, 2013 and December 28, 2012, respectively	-75,038	-74,444
Accumulated deficit	-81,990	-89,513
Accumulated comprehensive loss	-4,812	-4,504
Total shareholders' equity	105,756	94,726
Total liabilities and shareholders' equity	$150,142	$153,921

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Sep. 27, 2013	Dec. 28, 2012
In Thousands, except Share data, unless otherwise specified	Sep. 27, 2013	Dec. 28, 2012
Consolidated Balance Sheets [Abstract]	'	'
Accounts receivable and unbilled revenue, allowance	$1,585	$1,251
Preferred stock, par value	$0.00	$0.00
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	$0.00	$0.00
Common stock, shares authorized	125,000,000	125,000,000
Common stock, shares issued	52,939,594	52,235,764
Treasury stock, at cost, shares	21,295,078	21,171,370

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 27, 2013	Sep. 28, 2012	Sep. 27, 2013	Sep. 28, 2012
Revenue:	'	'	'	'
Revenue before reimbursements	$51,976	$49,806	$153,188	$150,319
Reimbursements	5,940	5,841	18,038	17,375
Total revenue	57,916	55,647	171,226	167,694
Cost of service:	'	'	'	'
Personnel costs before reimbursable expenses (includes $854 and $685 and $2,540 and $2,202 of stock compensation expense in the quarters and nine months ended September 27, 2013 and September 28, 2012, respectively)	33,970	31,665	99,375	94,392
Reimbursable expenses	5,940	5,841	18,038	17,375
Total cost of service	39,910	37,506	117,413	111,767
Selling, general and administrative costs (includes $681 and $674 and $2,162 and $1,860 of stock compensation expense in the quarters and nine months ended September 27, 2013 and September 28, 2012, respectively)	13,289	13,922	40,482	43,248
Restructuring benefit	'	-319	'	-319
Total costs and operating expenses	53,199	51,109	157,895	154,696
Income from operations	4,717	4,538	13,331	12,998
Other income (expense):	'	'	'	'
Interest income	2	2	6	19
Interest expense	-94	-196	-361	-470
Income from continuing operations before income taxes	4,625	4,344	12,976	12,547
Income tax expense	1,926	1,751	5,318	2,265
Income from continuing operations	2,699	2,593	7,658	10,282
(Loss) income from discontinued operations	-64	43	-135	-268
Net income	$2,635	$2,636	$7,523	$10,014
Basic net income per common share:	'	'	'	'
Income per common share from continuing operations	$0.09	$0.09	$0.25	$0.32
(Loss) income per common share from discontinued operations	$0	$0	$0	($0.01)
Net income per common share	$0.09	$0.09	$0.25	$0.31
Diluted net income per common share:	'	'	'	'
Income per common share from continuing operations	$0.08	$0.08	$0.24	$0.30
(Loss) income per common share from discontinued operations	$0	$0	$0	($0.01)
Net income per common share	$0.08	$0.08	$0.23	$0.29
Weighted average common shares outstanding:	'	'	'	'
Basic	30,626,838	29,400,901	30,483,544	32,405,052
Diluted	32,796,644	31,488,639	32,173,868	34,311,890

Consolidated_Statements_of_Ope1

Consolidated Statements of Operations (Parenthetical) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2013	Sep. 28, 2012	Sep. 27, 2013	Sep. 28, 2012
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'	'	'
Total share based compensation	'	'	$4,702	$4,069
Cost of Sales [Member]	'	'	'	'
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'	'	'
Total share based compensation	854	685	2,540	2,202
Selling General and Administrative [Member]	'	'	'	'
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'	'	'
Total share based compensation	$681	$674	$2,162	$1,860

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2013	Sep. 28, 2012	Sep. 27, 2013	Sep. 28, 2012
Consolidated Statements of Comprehensive Income [Abstract]	'	'	'	'
Net income	$2,635	$2,636	$7,523	$10,014
Foreign currency translation adjustment	1,088	893	-308	1,016
Total comprehensive income	$3,723	$3,529	$7,215	$11,030

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2013	Sep. 28, 2012
Cash flows from operating activities:	'	'
Net income	$7,523	$10,014
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation expense	1,416	1,597
Amortization expense	523	410
Provision for doubtful accounts	478	488
Non-cash stock compensation expense	4,702	4,069
Changes in assets and liabilities:	'	'
Increase in accounts receivable and unbilled revenue	-1,252	-1,761
Decrease in prepaid expenses and other assets	1,792	2,003
Decrease in accounts payable	-2,858	-2,279
Decrease in accrued expenses and other liabilities	-3,293	-3,408
Net cash provided by operating activities	9,031	11,133
Cash flows from investing activities:	'	'
Purchases of property and equipment	-1,619	-2,564
Decrease in restricted cash	161	202
Net cash used in investing activities	-1,458	-2,362
Cash flows from financing activities:	'	'
Debt proceeds	'	40,000
Repayment of borrowings	-9,974	-12,000
Debt issuance costs	'	-482
Proceeds from issuance of common stock	924	751
Repurchases of common stock	-594	-55,587
Net cash used in financing activities	-9,644	-27,318
Effect of exchange rate on cash	16	145
Net decrease in cash and cash equivalents	-2,055	-18,402
Cash and cash equivalents at beginning of year	16,906	32,936
Cash and cash equivalents at end of period	14,851	14,534
Supplemental disclosure of cash flow information:	'	'
Cash paid for income taxes	451	123
Cash paid for interest	$262	$407

Basis_of_Presentation_and_Gene

Basis of Presentation and General Information	9 Months Ended
Basis of Presentation and General Information	Sep. 27, 2013
Basis of Presentation and General Information [Abstract]	'
Basis Of Presentation And General Information	'
	1. Basis 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 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 28, 2012, included in the Annual Report on Form 10-K filed by the Company with the SEC. The consolidated results of operations for the quarter and nine months ended September 27, 2013, 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.
	Fair Value
	The Company’s financial instruments consist of cash and cash equivalents, restricted cash, accounts receivable and unbilled revenue, accounts payable, accrued expenses and other liabilities and debt. As of September 27, 2013 and December 28, 2012, the carrying amount of each financial instrument, with the exception of debt, approximated the instrument’s respective fair value due to the short-term nature and 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.
	Recently Issued Accounting Standards
	In March 2013, the FASB issued guidance on a parent company’s accounting for the cumulative translation adjustment upon de-recognition of certain subsidiaries or groups of assets within a foreign entity or of an investment in a foreign entity, which amends current accounting guidance on foreign currency matters. This guidance requires that the entire amount of a cumulative translation adjustment related to an entity’s investment in a foreign entity be released when there has been a: (i) sale of a subsidiary or group of net assets within a foreign entity and the sale represents the substantially complete liquidation of the investment in the foreign entity, (ii) loss of a controlling financial interest in an investment in a foreign entity, and (iii) step acquisition for a foreign entity. This guidance will be effective for the Company beginning in the first quarter of 2014. The Company does not expect the adoption to have a material impact on its consolidated financial statements.
	In July 2013, the FASB issued guidance for the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. This guidance will be effective for the Company beginning in the first quarter of 2014. The Company does not expect the adoption to have a material impact on its consolidated financial statements.
	Reclassifications
	Certain prior period amounts in the consolidated financial statements, and notes thereto, have been reclassified to conform to current period presentation.

Net_Income_Per_Common_Share

Net Income Per Common Share	9 Months Ended
Net Income Per Common Share	Sep. 27, 2013
Net Income Per Common 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.
	Dilutive 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				Nine Months Ended
		September 27,		September 28,		September 27,		September 28,
		2013		2012		2013		2012

	Basic weighted average common shares outstanding		30,626,838		29,400,901		30,483,544		32,405,052

	Effect of dilutive securities:
	Unvested restricted stock units and common stock subject to
	vesting requirements issued to employees and non-employees		2,159,234		2,057,492		1,676,932		1,858,667
	Common stock issuable upon the exercise of stock options		10,572		30,246		13,392		48,171
	Dilutive weighted average common shares outstanding		32,796,644		31,488,639		32,173,868		34,311,890

	Approximately 0.8 million and 3.9 million shares of common stock equivalents were excluded from the computations of diluted net income per common share for the quarters ended September 27, 2013 and September 28, 2012, respectively, as their inclusion would have had an anti-dilutive effect on diluted net income per common share. This decrease is attributable to the conversion of 2.9 million performance-based stock options, granted during the quarter ended March 30, 2012, into stock appreciation rights (“SARs”), which will be settled in cash, Company stock or any combination thereof, at the Company’s discretion (see Note 6).

Accounts_Receivable_And_Unbill

Accounts Receivable And Unbilled Revenue, Net	9 Months Ended
Accounts Receivable And Unbilled Revenue, Net	Sep. 27, 2013
Accounts Receivable And Unbilled Revenue, Net [Abstract]	'
Accounts Receivable And Unbilled Revenue, Net	'

	3. Accounts Receivable and Unbilled Revenue, Net
	Accounts receivable and unbilled revenue, net, consisted of the following (in thousands):




		September 27,		December 28,
		2013		2012
	Accounts receivable	$	29,686	$	31,260
	Unbilled revenue		9,266		6,860
	Allowance for doubtful accounts		-1,585		-1,251
	Accounts receivable and unbilled revenue, net	$	37,367	$	36,869

	Accounts receivable is net of uncollected advanced billings. Unbilled revenue includes recognized recoverable costs and accrued profits on contracts for which billings had not been presented to clients.

Credit_Facility

Credit Facility	9 Months Ended
	Sep. 27, 2013
Credit Facility [Abstract]	'
Credit Facility	'

	4. Credit Facility
	On February 21, 2012, the Company entered into a credit agreement with Bank of America, N.A. ("Bank of America"), pursuant to which Bank of America agreed to lend the Company up to $20.0 million pursuant to a revolving line of credit (the “Revolver”) and up to $30.0 million pursuant to a five-year term loan (the “Term Loan”), which was used to finance the Company's $55.0 million tender offer for its shares in March 2012 (see Note 7).



	4. Credit Facility (continued)
	On August 27, 2013, the Company amended and restated the credit agreement (the "Credit Agreement") with Bank of America to finance a tender offer for shares of its common stock completed in October 2013 (see Note 7). The Credit Agreement was amended and restated to:
	·	provide for up to additional $17.0 million of borrowing under the Term Loan (the "Amended Term Loan" and together with the Revolver, the "Credit Facility") and
	·	extend the maturity date on the Revolver and the Amended Term Loan to August 27, 2018, five years from the date of the amendment and restatement of the Credit Agreement.
	As of September 27, 2013, the Company had $15.0 million principal amount outstanding on the Amended Term Loan and a zero balance outstanding on the Revolver. Subsequent to September 27, 2013, the Company incurred an additional $7.0 million in principal amount of indebtedness under the Amended Term Loan, for a total outstanding principal balance of $22.0 million as of October 30, 2013 (see Note 7).
	The obligations of the Company under the Credit Facility are guaranteed by the active existing and future material U.S. subsidiaries of the Company and are secured by substantially all of the existing and future property and assets of the Company (subject to certain exceptions).
	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 LIBOR base rate, plus an applicable margin percentage. The applicable margin percentage is based on the consolidated leverage ratio, as defined in the Credit Agreement. As of September 27, 2013, the applicable margin percentage was 1.50% per annum based on the consolidated leverage ratio, in the case of LIBOR rate advances, and 1.00% per annum, in the case of base rate advances.
	The Term Loan requires amortization principal payments in equal quarterly installments beginning December 31, 2013 through August 27, 2018. The Company is subject to certain covenants and exceptions, including total consolidated leverage, fixed cost coverage and liquidity requirements, as defined in the Credit Agreement.

Discontinued_Operations

Discontinued Operations	9 Months Ended
Discontinued Operations	Sep. 27, 2013
Discontinued Operations [Abstract]	'
Discontinued Operations	'

	5. Discontinued Operations
	During the quarter ended March 29, 2013, the Company exited the Oracle ERP implementation business. This transaction was not material to the Company’s consolidated financial statements.

Stock_Based_Compensation

Stock Based Compensation	9 Months Ended
Stock Based Compensation	Sep. 27, 2013
Stock Based Compensation [Abstract]	'
Stock Based Compensation	'

	6. Stock Based Compensation
	During the nine months ended September 27, 2013, the Company issued 1,253,206 restricted stock units at a weighted average grant-date fair value of $4.67 per share. As of September 27, 2013, the Company had 2,983,241 restricted stock units outstanding at a weighted average grant-date fair value of $4.16 per share. As of September 27, 2013, $8.0 million of total restricted stock unit compensation expense related to unvested awards had not been recognized and is expected to be recognized over a weighted average period of 1.9 years.
	As of September 27, 2013, the Company had 314,850 shares of common stock subject to vesting requirements outstanding at a weighted average grant-date fair value of $3.43 per share. As of September 27, 2013, $0.2 million of compensation expense related to common stock subject to vesting requirements had not been recognized and is expected to be recognized over a weighted average period of less than one year.
	On February 8, 2012, the Compensation Committee approved the fiscal year 2012 through 2015 equity compensation target for the Company’s Chief Executive Officer and Chief Operating Officer. Under this target, a single performance-based option grant was made to the Company’s Chief Executive Officer and the Chief Operating Officer of 1,912,500 options and 1,004,063 options, respectively, totaling 2,916,563 options, each with an exercise price of $4.00 and a fair value of $0.96. One-half of the options vest upon the achievement of at least 50% growth of pro forma earnings per share and the remaining half vest upon the achievement of at least 50% pro forma EBITDA growth. Each metric can be achieved at any time during the six-year term of the award based on a trailing twelve month period measured quarterly.
	In March of 2013 these performance-based stock option grants were surrendered by the Company’s Chief Executive Officer and Chief Operating Officer and replaced with performance-based SARs, equal to the number of options. The terms and conditions and the specific performance targets applicable to the SARs are the same to those applicable to the replaced options, with the exception that the SARs will be settled in cash, stock or any combination thereof, at the Company’s discretion.
	6. Stock Based Compensation (continued)
	Although the targets for the performance-based SARs have not been achieved as of September 27, 2013, the Company has recorded $0.1 million and $0.4 million of compensation expense for the quarter and nine months ended September 27, 2013, respectively, and $0.2 million and $0.5 million for the quarter and nine months ended September 28, 2012, respectively, related to these SARs.

Shareholders_Equity

Shareholders' Equity	9 Months Ended
Shareholders' Equity	Sep. 27, 2013
Shareholders' Equity [Abstract]	'
Shareholders' Equity	'

	7. Shareholders’ Equity
	Tender Offer
	On August 28, 2013, the Company announced a tender offer to purchase up to $35.75 million in value of shares of its common stock, $0.001 par value per share, at a price not greater than $6.50 nor less than $5.75 per share, to the seller in cash, less any applicable withholding taxes and without interest (the "Offer"). On September 26, 2013, the Company amended the Offer (the "Amended Offer") to increase the price range at which it would purchase its common stock to a range of not greater than $7.00 nor less than $6.50 per share and to decrease the dollar amount of the Offer to $25.0 million. The Amended Offer was completed on October 15, 2013, with the Company purchasing approximately 1.0 million shares of its common stock at a purchase price of $7.00 per share, for an aggregate cost of approximately $6.9 million, excluding fees and expenses related to the Amended Offer. The 1.0 million shares represented approximately 3.1% of the Company's issued and outstanding shares of common stock at that time. The Company financed the Amended Offer from borrowings under the Amended Term Loan under its existing Credit Facility (see Note 4).
	On March 21, 2012, the Company completed a tender offer to purchase 11.0 million shares of its common stock at a purchase price of $5.00 per share, for an aggregate cost of approximately $55.0 million, excluding fees and expenses relating to the tender offer. The 11.0 million shares accepted for purchase represented approximately 27% of the Company’s issued and outstanding shares of common stock at that time.
	Share Repurchase Plan
	Under the Company’s share 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. During the quarter ended September 27, 2013, the Company did not buy back any shares under its share repurchase plan. During the nine months ended September 27, 2013, the Company repurchased approximately 124 thousand shares of its common stock at an average price of $4.80, for a total cost of approximately $594 thousand. As of September 27, 2013, the Company had approximately $5.0 million available under its share repurchase plan authorization.
	Subsequent to September 27, 2013, the Company's Board of Directors approved the repurchase of an additional $5.0 million of the Company's common stock, thereby increasing the program size to $85.0 million, and leaving $10.0 million available under its share repurchase plan authorization.

Litigation

Litigation	9 Months Ended
Litigation	Sep. 27, 2013
Litigation [Abstract]	'
Litigation	'

	8. 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.

Geographic_And_Group_Informati

Geographic And Group Information	9 Months Ended
Geographic And Group Information	Sep. 27, 2013
Geographic And Group Information [Abstract]	'
Geographic And Group Information	'

	9. Geographic and Group Information
	Revenue is primarily based on the country of the contracting entity and was attributed to the following geographical areas (in thousands):




		Quarter Ended				Nine Months Ended
		September 27,		September 28,		September 27,		September 28,
		2013		2012		2013		2012
	Revenue:
	North America	$	47,377	$	44,663	$	136,323	$	131,627
	International (primarily European countries)		10,539		10,984		34,903		36,067
	Total revenue	$	57,916	$	55,647	$	171,226	$	167,694
	9. Geographic and Group Information (continued)
	Long-lived assets are attributable to the following geographic areas (in thousands):




						September 27,		December 28,
						2013		2012
	Long-lived assets:
	North America					$	74,102	$	74,407
	International (primarily European countries)						15,990		16,270
	Total long-lived assets					$	90,092	$	90,677

	As of September 27, 2013, foreign assets included $15.5 million of goodwill related to the Archstone and REL acquisitions. As of December 28, 2012, foreign assets included $15.6 million of goodwill related to the REL and Archstone acquisitions and $0.1 million of intangible assets related to the Archstone acquisition.
	The Company’s revenue was derived from the following service groups (in thousands):




		Quarter Ended				Nine Months Ended
		September 27,		September 28,		September 27,		September 28,
		2013		2012		2013		2012

	The Hackett Group	$	48,689	$	45,429	$	139,960	$	142,657
	ERP Solutions		9,227		10,218		31,266		25,037
	Total revenue	$	57,916	$	55,647	$	171,226	$	167,694

Subsequent_Event

Subsequent Event	9 Months Ended
Subsequent Event	Sep. 27, 2013
Subsequent Event [Abstract]	'
Subsequent Event	'
	10. Subsequent Events
	Subsequent to September 27, 2013, the Company completed a tender offer in which it repurchased approximately 1.0 million shares of its common stock at a purchase price of $7.00 per share for an aggregate cost of approximately $6.9 million, excluding fees and expenses related to the Amended Offer (see Note 7).
	Subsequent to September 27, 2013, the Company's Board of Directors approved the repurchase of an additional $5.0 million of the Company's common stock, thereby increasing the program size to $85.0 million, and leaving $10.0 million available under its share repurchase plan authorization.
	On November 5, 2013, the Company announced that its Board of Directors declared an annual cash dividend of $0.10 per common share payable to holders of record on December 10, 2013. The dividend will be paid on December 20, 2013.

Basis_of_Presentation_and_Gene1

Basis of Presentation and General Information (Policies)	9 Months Ended
Basis of Presentation and General Information (Policies)	Sep. 27, 2013
Basis of Presentation and General Information [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 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 28, 2012, included in the Annual Report on Form 10-K filed by the Company with the SEC. The consolidated results of operations for the quarter and nine months ended September 27, 2013, 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.

Fair Value	'
	Fair Value
	The Company’s financial instruments consist of cash and cash equivalents, restricted cash, accounts receivable and unbilled revenue, accounts payable, accrued expenses and other liabilities and debt. As of September 27, 2013 and December 28, 2012, the carrying amount of each financial instrument, with the exception of debt, approximated the instrument’s respective fair value due to the short-term nature and 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.

Recently Issued Accounting Standards	'
	Recently Issued Accounting Standards
	In March 2013, the FASB issued guidance on a parent company’s accounting for the cumulative translation adjustment upon de-recognition of certain subsidiaries or groups of assets within a foreign entity or of an investment in a foreign entity, which amends current accounting guidance on foreign currency matters. This guidance requires that the entire amount of a cumulative translation adjustment related to an entity’s investment in a foreign entity be released when there has been a: (i) sale of a subsidiary or group of net assets within a foreign entity and the sale represents the substantially complete liquidation of the investment in the foreign entity, (ii) loss of a controlling financial interest in an investment in a foreign entity, and (iii) step acquisition for a foreign entity. This guidance will be effective for the Company beginning in the first quarter of 2014. The Company does not expect the adoption to have a material impact on its consolidated financial statements.
	In July 2013, the FASB issued guidance for the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. This guidance will be effective for the Company beginning in the first quarter of 2014. The Company does not expect the adoption to have a material impact on its consolidated financial statements.

Reclassifications	'
	Reclassifications
	Certain prior period amounts in the consolidated financial statements, and notes thereto, have been reclassified to conform to current period presentation.

Net_Income_Per_Common_Share_Ta

Net Income Per Common Share (Tables)	9 Months Ended
Net Income Per Common Share (Tables)	Sep. 27, 2013
Net Income Per Common Share [Abstract]	'
Basic And Diluted Weighted Average Shares	'


		Quarter Ended				Nine Months Ended
		September 27,		September 28,		September 27,		September 28,
		2013		2012		2013		2012

	Basic weighted average common shares outstanding		30,626,838		29,400,901		30,483,544		32,405,052

	Effect of dilutive securities:
	Unvested restricted stock units and common stock subject to
	vesting requirements issued to employees and non-employees		2,159,234		2,057,492		1,676,932		1,858,667
	Common stock issuable upon the exercise of stock options		10,572		30,246		13,392		48,171
	Dilutive weighted average common shares outstanding		32,796,644		31,488,639		32,173,868		34,311,890

Accounts_Receivable_And_Unbill1

Accounts Receivable And Unbilled Revenue, Net (Tables)	9 Months Ended
Accounts Receivable And Unbilled Revenue, Net (Tables)	Sep. 27, 2013
Accounts Receivable And Unbilled Revenue, Net [Abstract]	'
Accounts Receivable And Unbilled Revenue, Net	'


		September 27,		December 28,
		2013		2012
	Accounts receivable	$	29,686	$	31,260
	Unbilled revenue		9,266		6,860
	Allowance for doubtful accounts		-1,585		-1,251
	Accounts receivable and unbilled revenue, net	$	37,367	$	36,869

Geographic_And_Group_Informati1

Geographic And Group Information (Tables)	9 Months Ended
Geographic And Group Information (Tables)	Sep. 27, 2013
Geographic And Group Information [Abstract]	'
Geographic Revenue	'


		Quarter Ended				Nine Months Ended
		September 27,		September 28,		September 27,		September 28,
		2013		2012		2013		2012
	Revenue:
	North America	$	47,377	$	44,663	$	136,323	$	131,627
	International (primarily European countries)		10,539		10,984		34,903		36,067
	Total revenue	$	57,916	$	55,647	$	171,226	$	167,694


Long-Lived Assets Attributable To Geographic Area	'


						September 27,		December 28,
						2013		2012
	Long-lived assets:
	North America					$	74,102	$	74,407
	International (primarily European countries)						15,990		16,270
	Total long-lived assets					$	90,092	$	90,677


Revenue By Service Group	'


		Quarter Ended				Nine Months Ended
		September 27,		September 28,		September 27,		September 28,
		2013		2012		2013		2012

	The Hackett Group	$	48,689	$	45,429	$	139,960	$	142,657
	ERP Solutions		9,227		10,218		31,266		25,037
	Total revenue	$	57,916	$	55,647	$	171,226	$	167,694

Net_Income_Per_Common_Share_Na

Net Income Per Common Share (Narrative) (Details)	3 Months Ended	9 Months Ended
In Millions, unless otherwise specified	Sep. 27, 2013	Sep. 28, 2012	Sep. 27, 2013
	Sep. 27, 2013	Sep. 28, 2012	Stock Appreciation Rights (SARs) [Member]
Antidilutive common share equivalents	0.8	3.9	'
Number of performance-based options converted into stock appreciation rights units	'	'	2.9

Net_Income_Per_Common_Share_Ba

Net Income Per Common Share (Basic And Diluted Weighted Average Shares) (Details)	3 Months Ended		9 Months Ended
	Sep. 27, 2013	Sep. 28, 2012	Sep. 27, 2013	Sep. 28, 2012
Net Income Per Common Share [Abstract]	'	'	'	'
Basic weighted average common shares outstanding	30,626,838	29,400,901	30,483,544	32,405,052
Unvested restricted stock units and common stock subject to vesting requirements issued to employees and non-employees	2,159,234	2,057,492	1,676,932	1,858,667
Common stock issuable upon the exercise of stock options	10,572	30,246	13,392	48,171
Diluted weighted average common shares outstanding	32,796,644	31,488,639	32,173,868	34,311,890

Accounts_Receivable_And_Unbill2

Accounts Receivable And Unbilled Revenue (Details) (USD $)	Sep. 27, 2013	Dec. 28, 2012
In Thousands, unless otherwise specified	Sep. 27, 2013	Dec. 28, 2012
Accounts Receivable And Unbilled Revenue, Net [Abstract]	'	'
Accounts receivable	$29,686	$31,260
Unbilled revenue	9,266	6,860
Allowance for doubtful accounts	-1,585	-1,251
Accounts receivable and unbilled revenue, net	$37,367	$36,869

Credit_Facility_Details

Credit Facility (Details) (USD $)	Mar. 21, 2012	Sep. 27, 2013	Feb. 21, 2012	Sep. 27, 2013	Feb. 21, 2012	Sep. 27, 2013	Aug. 27, 2013	Sep. 27, 2013	Sep. 27, 2013	Oct. 30, 2013
In Millions, unless otherwise specified		Revolving Line Of Credit Facility [Member]	Revolving Line Of Credit Facility [Member]	Term Loan [Member]	Term Loan [Member]	Revolving Line Of Credit Facility And Term Loan [Member]	Revolving Line Of Credit Facility And Term Loan [Member]	LIBOR Rate [Member]	Base Rate [Member]	Subsequent Event [Member]
										Term Loan [Member]
Line of Credit Facility [Line Items]	'	'	'	'	'	'	'	'	'	'
Borrowing capacity under credit facility	'	'	$20	'	$30	'	'	'	'	'
Credit facility amount outstanding	'	0	'	15	'	'	'	'	'	'
Term of debt	'	'	'	'5 years	'	'5 years	'	'	'	'
Stock repurchase cost of tender offer net of fees and expenses related to tender offer	55	'	'	'	'	'	'	'	'	'
Additional borrowing capacity	'	'	'	'	'	'	17	'	'	'
Maturity date	'	'	'	27-Aug-18	'	27-Aug-18	'	'	'	'
Additional amount drawn on loan	'	'	'	'	'	'	'	'	'	7
Outstanding balance	'	'	'	'	'	'	'	'	'	$22
Margin percentage base rate	'	'	'	'	'	'	'	1.50%	1.00%	'

Stock_Based_Compensation_Detai

Stock Based Compensation (Details) (USD $)

0 Months Ended

9 Months Ended

0 Months Ended

9 Months Ended

0 Months Ended

3 Months Ended

9 Months Ended

Feb. 08, 2012

Sep. 27, 2013

Sep. 28, 2012

Sep. 27, 2013

Feb. 08, 2012

Sep. 27, 2013

Feb. 08, 2012

Sep. 27, 2013

Sep. 28, 2012

Sep. 27, 2013

Sep. 28, 2012

Restricted Stock Units (RSUs) [Member]

Performance Shares [Member]

Stock Appreciation Rights (SARs) [Member]

Chief Executive Officer [Member]

Chief Operating Officer [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Growth of Pro-forma EPS Percentage

50.00%

Growth of Pro-forma EBITDA percentage

50.00%

Restricted stock units granted

1,253,206

Weighted average grant-date fair value

$4.67

$0.96

Weighted average period, Restricted stock units

'1 year 10 months 24 days

Weighted average period, Common stock

'1 year

Performance based stock option grant, Exercise price

Trailing period

'12 months

Performance based stock option grant

2,916,563

1,912,500

1,004,063

Total share based compensation

$4,702,000

$4,069,000

$100,000

$400,000

$200,000

$500,000

Restricted stock units outstanding

2,983,241

Nonvested weighted average grant-date fair value

$4.16

Compensation expenses related to unvested restricted stock unit based awards

8,000,000

Shares subject to vesting requirements

314,850

Nonvested weighted average grant-date fair value, Common stock

$3.43

Compensation expense related to common stock subject to vesting requirements

$200,000

Term of the award

'6 years

Shareholders_Equity_Details

Shareholders' Equity (Details) (USD $)

0 Months Ended

9 Months Ended

0 Months Ended

Sep. 29, 2013

Sep. 27, 2013

Dec. 28, 2012

Mar. 21, 2012

Sep. 26, 2013

Aug. 28, 2013

Sep. 26, 2013

Aug. 28, 2013

Sep. 26, 2013

Aug. 28, 2013

Oct. 15, 2013

2012 Tender Offer [Member]

2013 Tender Offer [Member]

Subsequent Event [Member]

Minimum [Member]

Maximum [Member]

2013 Tender Offer [Member]

Equity, Class of Treasury Stock [Line Items]

Additional stock repurchase authorized

$5,000,000

Stock repurchase authorized

85,000,000

25,000,000

35,750,000

6,900,000

Stock repurchase sahres authorized

1,000,000

Common stock, par value

$0.00

Purchase price per share

$4.80

$6.50

$5.75

$6.50

Percentage of issued and outstanding shares repurchased in tender offer

27.00%

3.10%

Number of stock repurchased in tender offer

11,000,000

Price per share repurchased in tender offer

Stock repurchase cost of tender offer net of fees and expenses related to tender offer

55,000,000

Repurchase of common stock

124,000

Total cost

594,000

Amount available under repurchase plan

$10,000,000

$5,000,000

Geographic_And_Group_Informati2

Geographic And Group Information (Details) (USD $)	Sep. 27, 2013	Dec. 28, 2012
In Millions, unless otherwise specified	Sep. 27, 2013	Dec. 28, 2012
Geographic And Group Information [Abstract]	'	'
Goodwill included in foreign assets	$15.50	$15.60
Intangible assets included in foreign assets	'	$0.10

Geographic_And_Group_Informati3

Geographic And Group Information (Geographic Revenue) (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2013	Sep. 28, 2012	Sep. 27, 2013	Sep. 28, 2012
Revenues from External Customers and Long-Lived Assets [Line Items]	'	'	'	'
Total revenue	$57,916	$55,647	$171,226	$167,694
North America [Member]	'	'	'	'
Revenues from External Customers and Long-Lived Assets [Line Items]	'	'	'	'
Total revenue	47,377	44,663	136,323	131,627
International Primarily European Countries [Member]	'	'	'	'
Revenues from External Customers and Long-Lived Assets [Line Items]	'	'	'	'
Total revenue	$10,539	$10,984	$34,903	$36,067

Geographic_And_Group_Informati4

Geographic And Group Information (Long-Lived Assets Attributable To Geographic Area) (Details) (USD $)	Sep. 27, 2013	Dec. 28, 2012
In Thousands, unless otherwise specified	Sep. 27, 2013	Dec. 28, 2012
Revenues from External Customers and Long-Lived Assets [Line Items]	'	'
Total long-lived assets	$90,092	$90,677
North America [Member]	'	'
Revenues from External Customers and Long-Lived Assets [Line Items]	'	'
Total long-lived assets	74,102	74,407
International Primarily European Countries [Member]	'	'
Revenues from External Customers and Long-Lived Assets [Line Items]	'	'
Total long-lived assets	$15,990	$16,270

Geographic_And_Group_Informati5

Geographic And Group Information (Revenue By Service Group) (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2013	Sep. 28, 2012	Sep. 27, 2013	Sep. 28, 2012
Segment Reporting Information [Line Items]	'	'	'	'
Total revenue	$57,916	$55,647	$171,226	$167,694
The Hackett Group [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Total revenue	48,689	45,429	139,960	142,657
ERP Solutions [Member]	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'
Total revenue	$9,227	$10,218	$31,266	$25,037

Subsequent_Event_Details

Subsequent Event (Details) (USD $)	0 Months Ended		9 Months Ended	0 Months Ended
Share data in Millions, except Per Share data, unless otherwise specified	Nov. 05, 2013	Sep. 29, 2013	Sep. 27, 2013	Sep. 26, 2013	Aug. 28, 2013	Oct. 15, 2013	Sep. 26, 2013	Aug. 28, 2013	Sep. 26, 2013	Aug. 28, 2013
				2013 Tender Offer [Member]	2013 Tender Offer [Member]	2013 Tender Offer [Member]	2013 Tender Offer [Member]	2013 Tender Offer [Member]	2013 Tender Offer [Member]	2013 Tender Offer [Member]
						Subsequent Event [Member]	Maximum [Member]	Maximum [Member]	Minimum [Member]	Minimum [Member]
Subsequent Event [Line Items]	'	'	'	'	'	'	'	'	'	'
Stock repurchase sahres authorized	'	'	'	'	'	1	'	'	'	'
Purchase price per share	'	'	$4.80	'	'	$7	$7	$6.50	$6.50	$5.75
Stock repurchase authorized	'	$85,000,000	'	$25,000,000	$35,750,000	$6,900,000	'	'	'	'
Additional stock repurchase authorized	'	5,000,000	'	'	'	'	'	'	'	'
Amount available under repurchase plan	'	$10,000,000	$5,000,000	'	'	'	'	'	'	'
Dividend declared	$0.10	'	'	'	'	'	'	'	'	'