NV5 Global (NVEE) 10-Q 6 May 22 2022 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Apr. 02, 2022	Apr. 29, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Apr. 2, 2022
Document Transition Report	false
Entity File Number	001-35849
Entity Registrant Name	NV5 Global, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	45-3458017
Entity Address, Address Line One	200 South Park Road,
Entity Address, Address Line Two	Suite 350
Entity Address, City or Town	Hollywood,
Entity Address, State or Province	FL
Entity Address, Postal Zip Code	33021
City Area Code	954
Local Phone Number	495-2112
Title of 12(b) Security	Common Stock, $0.01 par value
Trading Symbol	NVEE
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		15,495,451
Entity Central Index Key	0001532961
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Amendment Flag	false
Current Fiscal Year End Date	--12-31

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Apr. 02, 2022	Jan. 01, 2022
Current assets:
Cash and cash equivalents	$ 81,948	$ 47,980
Billed receivables, net	129,990	153,814
Unbilled receivables, net	87,627	89,734
Prepaid expenses and other current assets	8,758	12,442
Total current assets	308,323	303,970
Property and equipment, net	36,297	32,729
Right-of-use lease assets, net	41,899	44,260
Intangible assets, net	180,081	188,224
Goodwill	389,954	389,916
Other assets	3,299	2,844
Total assets	959,853	961,943
Current liabilities:
Accounts payable	48,126	55,954
Accrued liabilities	58,043	50,461
Billings in excess of costs and estimated earnings on uncompleted contracts	24,345	29,444
Other current liabilities	1,266	1,551
Current portion of contingent consideration	2,747	5,807
Current portion of notes payable and other obligations	18,335	20,734
Total current liabilities	152,862	163,951
Contingent consideration, less current portion	3,984	2,521
Other long-term liabilities	32,097	34,304
Notes payable and other obligations, less current portion	107,931	111,062
Deferred income tax liabilities, net	23,476	25,385
Total liabilities	320,350	337,223
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $0.01 par value; 5,000,000 shares authorized, no shares issued and outstanding	0	0
Common stock, $0.01 par value; 45,000,000 shares authorized, 15,495,451 and 15,414,005 shares issued and outstanding as of April 2, 2022 and January 1, 2022, respectively	155	154
Additional paid-in capital	457,894	451,754
Retained earnings	181,454	172,812
Total stockholders’ equity	639,503	624,720
Total liabilities and stockholders’ equity	$ 959,853	$ 961,943

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - $ / shares	Apr. 02, 2022	Jan. 01, 2022
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	45,000,000	45,000,000
Common stock, shares issued (in shares)	15,495,451	15,414,005
Common stock, shares outstanding (in shares)	15,495,451	15,414,005

CONSOLIDATED STATEMENTS OF NET

CONSOLIDATED STATEMENTS OF NET INCOME AND COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2022	Apr. 03, 2021
Income Statement [Abstract]
Gross revenues	$ 190,154	$ 153,095
Direct costs:
Salaries and wages	45,977	41,459
Sub-consultant services	34,825	23,246
Other direct costs	15,525	9,798
Total direct costs	96,327	74,503
Gross profit	93,827	78,592
Operating expenses:
Salaries and wages, payroll taxes and benefits	49,767	42,951
General and administrative	16,387	11,549
Facilities and facilities related	5,185	5,097
Depreciation and amortization	9,934	9,440
Total operating expenses	81,273	69,037
Income from operations	12,554	9,555
Interest expense	(914)	(2,318)
Income before income tax expense	11,640	7,237
Income tax expense	(2,998)	(1,757)
Net income and comprehensive income	$ 8,642	$ 5,480
Earnings per share:
Basic (in dollars per Share)	$ 0.59	$ 0.43
Diluted (in dollars per Share)	$ 0.57	$ 0.41
Weighted average common shares outstanding:
Basic (in shares)	14,693,323	12,876,822
Diluted (in shares)	15,216,105	13,429,102

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Retained Earnings
Beginning balance (in shares) at Jan. 02, 2021		13,270,131
Beginning balance at Jan. 02, 2021	$ 394,069	$ 133	$ 268,271	$ 125,665
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation	3,696		3,696
Restricted stock issuance, net (in shares)		13,536
Purchases of common stock tendered by employees to satisfy the required withholding taxes related to stock-based compensation (in shares)		(580)
Purchases of common stock tendered by employees to satisfy the required withholding taxes related to stock-based compensation	(52)		(52)
Stock issuance for acquisitions (in shares)		35,737
Stock issuance for acquisitions	3,150		3,150
Proceeds from secondary offering, net of costs (in shares)		1,612,903
Proceeds from secondary offering, net of costs	140,637	$ 16	140,621
Payment of contingent consideration with common stock (in shares)		2,200
Payment of contingent consideration with common stock	209		209
Net income	5,480			5,480
Ending balance (in shares) at Apr. 03, 2021		14,933,927
Ending balance at Apr. 03, 2021	547,189	$ 149	415,895	131,145
Beginning balance (in shares) at Jan. 01, 2022		15,414,005
Beginning balance at Jan. 01, 2022	624,720	$ 154	451,754	172,812
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation	4,789		4,789
Restricted stock issuance, net (in shares)		68,927
Restricted stock issuance, net	0	$ 1	(1)
Stock issuance for acquisitions (in shares)		12,519
Stock issuance for acquisitions	1,352		1,352
Net income	8,642			8,642
Ending balance (in shares) at Apr. 02, 2022		15,495,451
Ending balance at Apr. 02, 2022	$ 639,503	$ 155	$ 457,894	$ 181,454

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2022	Apr. 03, 2021
Cash flows from operating activities:
Net income	$ 8,642	$ 5,480
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	11,167	10,542
Non-cash lease expense	3,092	2,161
Provision for doubtful accounts	678	(536)
Stock-based compensation	4,789	3,696
Change in fair value of contingent consideration	0	209
Gain on disposals of property and equipment	(54)	(530)
Deferred income taxes	(1,903)	(2,282)
Amortization of debt issuance costs	185	227
Changes in operating assets and liabilities, net of impact of acquisitions:
Billed receivables	23,211	36,037
Unbilled receivables	2,042	2,032
Prepaid expenses and other assets	3,230	(1,114)
Accounts payable	(7,854)	(6,332)
Accrued liabilities	4,684	2,629
Income taxes payable	0	3,085
Billings in excess of costs and estimated earnings on uncompleted contracts	(5,104)	(7,241)
Other current liabilities	(289)	92
Net cash provided by operating activities	46,516	48,155
Cash flows from investing activities:
Cash paid for acquisitions (net of cash received from acquisitions)	(326)	(15,007)
Proceeds from sale of assets	0	460
Purchase of property and equipment	(6,044)	(1,470)
Net cash used in investing activities	(6,370)	(16,017)
Cash flows from financing activities:
Proceeds from common stock offering	0	150,000
Payments on notes payable	(4,581)	(1,669)
Payments of contingent consideration	(1,597)	(150)
Payments of borrowings from Senior Credit Facility	0	(143,207)
Payments of common stock offering costs	0	(9,044)
Purchases of common stock tendered by employees to satisfy the required withholding taxes related to stock-based compensation	0	(52)
Net cash used in financing activities	(6,178)	(4,122)
Net increase in cash and cash equivalents	33,968	28,016
Cash and cash equivalents – beginning of period	47,980	64,909
Cash and cash equivalents – end of period	81,948	92,925
Non-cash investing and financing activities:
Contingent consideration (earn-out)	0	1,870
Notes payable and other obligations issued for acquisitions	0	8,180
Stock issuance for acquisitions	1,352	3,150
Accrued common stock offering costs	0	319
Finance leases	375	78
Payment of contingent consideration with common stock	$ 0	$ 209

Organization and Nature of Busi

Organization and Nature of Business Operations	3 Months Ended
	Apr. 02, 2022
Accounting Policies [Abstract]
Organization and Nature of Business Operations	Organization and Nature of Business Operations Business NV5 Global, Inc. and its subsidiaries (collectively, the “Company,” or “NV5 Global”) is a provider of technology, conformity assessment, and consulting solutions to public and private sector clients in the infrastructure, utility services, construction, real estate, and environmental markets, operating nationwide and abroad. The Company’s clients include the U.S. Federal, state and local governments, and the private sector. NV5 Global provides a wide range of services, including, but not limited to: ● Utility services ● MEP & technology design ● LNG services ● Commissioning ● Engineering ● Building program management ● Civil program management ● Environmental health & safety ● Surveying ● Real estate transaction services ● Testing, inspection & consulting (TIC) ● Energy efficiency & clean energy services ● Code compliance consulting ● 3D geospatial data modeling ● Forensic services ● Environmental & natural resources ● Litigation support ● Robotic survey solutions ● Ecological studies ● Geospatial data applications & software Fiscal Year The Company operates on a "52/53 week" fiscal year ending on the Saturday closest to the calendar quarter end. Impact of COVID-19 on Our Business The COVID-19 pandemic has significantly impacted global stock markets and economies. The Company is closely monitoring the impact of the outbreak of COVID-19 on all aspects of its business, including how it will impact the Company's customers and employees. Some of the Company's services were affected, primarily its Geospatial segment, real estate transactional services and hospitality-related services. In particular, due to COVID-19 restrictions, some of the Company's casino and hotel projects have been delayed. As U.S. and international economies reopen and with increased vaccine availability, real estate transactional services have recovered, however the Company is unable to predict the ultimate impact that it may have on its business, future results of operations, financial position, or cash flows. The extent to which the Company's operations may be impacted by the COVID-19 pandemic will depend largely on future developments, which are highly uncertain and cannot be accurately predicted, including new information which may emerge concerning the severity of the outbreak and actions by government authorities to contain the outbreak or treat its impact. The Company intends to continue to monitor the impact of the COVID-19 pandemic on its business closely.

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Apr. 02, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of Presentation and Principles of Consolidation The consolidated financial statements of the Company are presented in U.S. dollars in conformity with accounting principles generally accepted in the United States (“U.S. GAAP”) and have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) for reporting of interim financial information. Pursuant to such rules and regulations, certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted. The consolidated financial statements include the accounts of the Company and its subsidiaries. All intercompany transactions and balances have been eliminated in consolidation. In the opinion of management, the accompanying unaudited interim consolidated financial statements of the Company contain all adjustments necessary to present fairly the financial position and results of operations of the Company as of the dates and for the periods presented. Accordingly, these statements should be read in conjunction with the consolidated financial statements and notes contained in the Company’s Annual Report on Form 10-K for the year ended January 1, 2022 (the “2021 Form 10-K”). The results of operations and cash flows for the interim periods presented are not necessarily indicative of the results to be expected for any future interim period or for the full 2022 fiscal year. Performance Obligations To determine the proper revenue recognition method, the Company evaluates whether two or more contracts should be combined and accounted for as one single contract and whether the combined or single contract should be accounted for as more than one performance obligation. The majority of the Company's contracts have a single performance obligation as the promise to transfer the individual goods or services that is not separately identifiable from other promises in the contracts and therefore, is not distinct. The Company’s performance obligations are satisfied as work progresses or at a point in time. Revenue on the Company's cost-reimbursable contracts is recognized over time using direct costs incurred or direct costs incurred to date as compared to the estimated total direct costs for performance obligations because it depicts the transfer of control to the customer. Contract costs include labor, sub-consultant services, and other direct costs. Gross revenue from services transferred to customers at a point in time is recognized when the customer obtains control of the asset, which is generally upon delivery and acceptance by the customer of the reports and/or analysis performed. As of April 2, 2022, the Company had $724,663 of remaining performance obligations, of which $610,558 is expected to be recognized over the next 12 months and the majority of the balance over the next 24 months. Contracts for which work authorizations have been received are included in performance obligations. Performance obligations include only those amounts that have been funded and authorized and does not reflect the full amounts the Company may receive over the term of such contracts. In the case of non-government contracts and project awards, performance obligations include future revenue at contract or customary rates, excluding contract renewals or extensions that are at the discretion of the client. For contracts with a not-to-exceed maximum amount, the Company includes revenue from such contracts in performance obligations to the extent of the remaining estimated amount. Contract Balances The timing of revenue recognition, billings and cash collections results in billed receivables, unbilled receivables (contract assets), and billings in excess of costs and estimated earnings on uncompleted contracts (contract liabilities) on the Consolidated Balance Sheet. The liability “Billings in excess of costs and estimated earnings on uncompleted contracts” represents billings in excess of revenues recognized on these contracts as of the reporting date. This liability is generally classified as current. During the three months ended April 2, 2022 the Company performed services and recognized $16,010 of revenue related to its contract liabilities that existed as of January 1, 2022. Goodwill and Intangible Assets Goodwill is the excess of consideration paid for an acquired entity over the amounts assigned to assets acquired, including other identifiable intangible assets and liabilities assumed in a business combination. To determine the amount of goodwill resulting from a business combination, the Company performs an assessment to determine the acquisition date fair value of the acquired company’s tangible and identifiable intangible assets and liabilities. Goodwill is required to be evaluated for impairment on an annual basis or whenever events or changes in circumstances indicate the asset may be impaired. An entity has the option to first assess qualitative factors to determine whether the existence of events or circumstances leads to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. These qualitative factors include: macroeconomic and industry conditions, cost factors, overall financial performance and other relevant entity-specific events. If the entity determines that this threshold is met, then the Company may apply a one-step quantitative test and record the amount of goodwill impairment as the excess of a reporting unit's carrying amount over its fair value, not to exceed the total amount of goodwill allocated to the reporting unit. The Company determines fair value through multiple valuation techniques, and weights the results accordingly. NV5 Global is required to make certain subjective and complex judgments in assessing whether an event of impairment of goodwill has occurred, including assumptions and estimates used to determine the fair value of its reporting units. The Company has elected to perform its annual goodwill impairment review as of August 1 of each year. The Company conducts its annual impairment tests on the goodwill using the quantitative method of evaluating goodwill. As of August 1, 2021, the Company conducted its annual impairment tests using the quantitative method of evaluating goodwill. Based on the quantitative analyses the Company determined the fair value of each of the reporting units exceeded its carrying value. Therefore, the goodwill was not impaired and the Company did not recognize an impairment charge relating to goodwill as of August 1, 2021. Furthermore, there were no indicators, events or changes in circumstances that would indicate goodwill was impaired during the period from August 2, 2021 through April 2, 2022. Identifiable intangible assets primarily include customer backlog, customer relationships, trade names, non-compete agreements, and developed technology. Amortizable intangible assets are amortized on a straight-line basis over their estimated useful lives and reviewed for impairment whenever events or changes in circumstances indicate that the assets may be impaired. If an indicator of impairment exists, the Company compares the estimated future cash flows of the asset, on an undiscounted basis, to the carrying value of the asset. If the undiscounted cash flows exceed the carrying value, no impairment is indicated. If the undiscounted cash flows do not exceed the carrying value, then impairment, if any, is measured as the difference between fair value and carrying value, with fair value typically based on a discounted cash flow model. There were no indicators, events or changes in circumstances that would indicate intangible assets were impaired during the three months ended April 2, 2022. See Note 8, Goodwill and Intangible Assets , for further information on goodwill and identified intangibles.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	3 Months Ended
	Apr. 02, 2022
Accounting Standards Update and Change in Accounting Principle [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements In October 2021, the FASB issued ASU No. 2021-08, Business Combinations (Topic 805) - Accounting for Contract Assets and Contract Liabilities from Contracts with Customers ("ASU 2021-08"). This ASU improves the accounting for acquired revenue contracts with customers in a business combination by addressing diversity in practice and resulting inconsistencies. This ASU requires an entity to recognize and measure contract assets and contract liabilities acquired in a business combination in accordance with ASC 606, Revenue from Contracts with Customers

Earnings per Share

Earnings per Share	3 Months Ended
	Apr. 02, 2022
Earnings Per Share [Abstract]
Earnings per Share	Earnings per Share Basic earnings per share is calculated by dividing net income by the weighted average number of common shares outstanding during the period, excluding unvested restricted shares. Diluted earnings per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the Company. The effect of potentially dilutive securities is not considered during periods of loss or if the effect is anti-dilutive. The weighted average number of shares outstanding in calculating basic earnings per share for the three months ended April 2, 2022 and April 3, 2021 exclude 743,496 and 767,186 non-vested restricted shares, respectively. During the three months ended April 2, 2022 and April 3, 2021, there were 31,439 and 8,023 weighted average securities, respectively, which are not included in the calculation of diluted weighted average shares outstanding because their impact is anti-dilutive or their performance conditions have not been met. The following table represents a reconciliation of the net income and weighted average shares outstanding for the calculation of basic and diluted earnings per share: Three Months Ended April 2, 2022 April 3, 2021 Numerator: Net income – basic and diluted $ 8,642 $ 5,480 Denominator: Basic weighted average shares outstanding 14,693,323 12,876,822 Effect of dilutive non-vested restricted shares and units 505,534 527,957 Effect of issuable shares related to acquisitions 17,248 24,323 Diluted weighted average shares outstanding 15,216,105 13,429,102 Secondary Offering

Business Acquisitions

Business Acquisitions	3 Months Ended
	Apr. 02, 2022
Business Combination and Asset Acquisition [Abstract]
Business Acquisitions	Business Acquisitions 2021 Acquisitions The Company completed eight acquisitions during 2021. The aggregate purchase price of all eight acquisitions is $100,693, including $69,501 of cash, $19,272 of promissory notes, $6,787 of the Company's common stock, and potential earn-outs of up to $25,700 payable in cash and stock, which was recorded at an estimated fair value of $5,133. An option-based model was used to determine the fair value of the earn-outs, which is a generally accepted valuation technique that embodies all significant assumption types. In order to determine the fair values of tangible and intangible assets acquired and liabilities assumed, the Company engaged an independent third-party valuation specialist to assist in the determination of fair values. The final determination of the fair value of assets and liabilities will be completed within the one-year measurement period as required by ASC 805. The 2021 acquisitions will necessitate the use of this measurement period to adequately analyze and assess the factors used in establishing the asset and liability fair values as of the acquisition date, including intangible assets, accounts receivable, and certain fixed assets. The following table summarizes the fair values of the assets acquired and liabilities assumed as of the acquisition date for the acquisitions closed during the fiscal year ended January 1, 2022: Fiscal Year Ended January 1, 2022 Cash $ 1,480 Billed and unbilled receivables, net 17,733 Right-of-use assets 2,932 Property and equipment 3,741 Prepaid expenses 587 Other assets 13 Intangible assets: Customer relationships 36,407 Trade name 2,098 Customer backlog 3,860 Non-compete 4,456 Total Assets $ 73,307 Liabilities (13,984) Deferred tax liabilities (4,521) Net assets acquired $ 54,802 Consideration paid (Cash, Notes and/or stock) $ 95,560 Contingent earn-out liability (Cash and stock) 5,133 Total Consideration $ 100,693 Excess consideration over the amounts assigned to the net assets acquired (Goodwill) $ 45,891 Goodwill was recorded based on the amount by which the purchase price exceeded the fair value of the net assets acquired and the amount is attributable to the reputation of the business acquired, the workforce in place and the synergies to be achieved from these acquisitions. See Note 8, Goodwill and Intangible Assets , for further information on fair value adjustments to goodwill and identified intangibles. The consolidated financial statements of the Company include the results of operations from any business acquired from their respective dates of acquisition. The following table presents the results of operations of businesses acquired from their respective dates of acquisition for the three months ended April 3, 2021. Three Months Ended April 3, 2021 Gross revenues $ 1,451 Income before income taxes $ 493 The following table presents the unaudited, pro forma consolidated results of operations (in thousands, except per share amounts) for the three months ended April 3, 2021 as if the acquisitions had occurred at the beginning of fiscal year 2021. The pro forma information provided below is compiled from the pre-acquisition financial information and includes pro forma adjustments for amortization expense, adjustments to certain expenses, and the income tax impact of these adjustments. The pro forma results are not necessarily indicative of (i) the results of operations that would have occurred had the operations of these acquisitions actually been acquired at the beginning of fiscal year 2021 or (ii) future results of operations: Three Months Ended April 3, 2021 Gross revenues $ 170,151 Net income $ 6,287 Basic earnings per share $ 0.49 Diluted earnings per share $ 0.47

Billed and Unbilled Receivables

Billed and Unbilled Receivables	3 Months Ended
	Apr. 02, 2022
Receivables [Abstract]
Billed and Unbilled Receivables	Billed and Unbilled Receivables Billed and Unbilled Receivables consists of the following: April 2, 2022 January 1, 2022 Billed receivables $ 136,359 $ 159,942 Less: allowance for doubtful accounts (6,369) (6,128) Billed receivables, net $ 129,990 $ 153,814 Unbilled receivables $ 89,515 $ 91,558 Less: allowance for doubtful accounts (1,888) (1,824) Unbilled receivables, net $ 87,627 $ 89,734

Property and Equipment, net

Property and Equipment, net	3 Months Ended
	Apr. 02, 2022
Property, Plant and Equipment [Abstract]
Property and Equipment, net	Property and Equipment, net Property and equipment, net, consists of the following: April 2, 2022 January 1, 2022 Office furniture and equipment $ 3,333 $ 3,314 Computer equipment 21,808 20,063 Survey and field equipment 39,879 35,436 Leasehold improvements 6,426 6,395 Total 71,446 65,208 Less: accumulated depreciation (35,149) (32,479) Property and equipment, net $ 36,297 $ 32,729

Goodwill and Intangible Assets

Goodwill and Intangible Assets	3 Months Ended
	Apr. 02, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets Goodwill The changes in the carrying value by reportable segment for the three months ended April 2, 2022 were as follows: Three Months Ended January 1, 2022 2022 Acquisitions Adjustments April 2, 2022 INF $ 90,725 $ 120 $ 19 $ 90,864 BTS 111,005 61 (162) 110,904 GEO 188,186 — — 188,186 Total $ 389,916 $ 181 $ (143) $ 389,954 Intangible Assets Intangible assets, net, as of April 2, 2022 and January 1, 2022 consist of the following: April 2, 2022 January 1, 2022 Gross Accumulated Amortization Net Gross Accumulated Amortization Net Finite-lived intangible assets: Customer relationships (1) $ 219,548 $ (70,485) $ 149,063 $ 219,455 $ (65,017) $ 154,438 Trade name (2) 16,615 (15,081) 1,534 16,615 (14,815) 1,800 Customer backlog (3) 28,984 (25,867) 3,117 28,971 (25,162) 3,809 Non-compete (4) 13,842 (9,664) 4,178 13,829 (9,024) 4,805 Developed technology (5) 32,944 (10,755) 22,189 32,944 (9,572) 23,372 Total finite-lived intangible assets $ 311,933 $ (131,852) $ 180,081 $ 311,814 $ (123,590) $ 188,224 (1) Amortized on a straight-line basis over estimated lives (5 to 12 years) (2) Amortized on a straight-line basis over their estimated lives (1 to 3 years) (3) Amortized on a straight-line basis over their estimated lives (1 to 10 years) (4) Amortized on a straight-line basis over their contractual lives (2 to 5 years) (5) Amortized on a straight-line basis over their estimated lives (5 to 7 years)

Accrued Liabilities

Accrued Liabilities	3 Months Ended
	Apr. 02, 2022
Payables and Accruals [Abstract]
Accrued Liabilities	Accrued Liabilities Accrued liabilities consist of the following: April 2, 2022 January 1, 2022 Current portion of lease liability $ 12,830 $ 12,897 Accrued vacation 13,788 12,819 Payroll and related taxes 16,841 10,931 Benefits 6,429 6,767 Accrued operating expenses 6,093 4,329 Other 2,062 2,718 Total $ 58,043 $ 50,461

Notes Payable and Other Obligat

Notes Payable and Other Obligations	3 Months Ended
	Apr. 02, 2022
Payables and Accruals [Abstract]
Notes Payable and Other Obligations	Notes Payable and Other Obligations Notes payable and other obligations consists of the following: April 2, 2022 January 1, 2022 Senior credit facility $ 98,750 $ 98,750 Uncollateralized promissory notes 27,075 31,493 Finance leases 2,270 2,215 Other obligations 1,381 2,733 Debt issuance costs, net of amortization (3,210) (3,395) Total notes payable and other obligations 126,266 131,796 Current portion of notes payable and other obligations 18,335 20,734 Notes payable and other obligations, less current portion $ 107,931 $ 111,062 As of April 2, 2022 and January 1, 2022, the carrying amount of debt obligations approximates their fair values based on Level 2 inputs as the terms are comparable to terms currently offered by local lending institutions for arrangements with similar terms to industry peers with comparable credit characteristics. Senior Credit Facility On August 13, 2021 (the "Closing Date"), the Company amended and restated its Credit Agreement (the "Second A&R Credit Agreement"), originally dated December 7, 2016 and as amended to the Closing Date, with Bank of America, N.A. ("Bank of America"), as administrative agent, swingline lender and letter of credit issuer, the other lenders party thereto, and certain of the Company's subsidiaries as guarantors. Pursuant to the Second A&R Credit Agreement, the previously drawn term commitments of $150,000 and revolving commitments totaling $215,000 in the aggregate were converted into revolving commitments totaling $400,000 in the aggregate. These revolving commitments are available through August 13, 2026 (the "Maturity Date") and an aggregate amount of approximately $138,750 was drawn under the Second A&R Credit Amendment on the Closing Date to repay previously existing borrowings under the term and revolving facilities prior to such amendment and restatement. Borrowings under the Second A&R Credit Agreement are secured by a first priority lien on substantially all of the assets of the Company. The Second A&R Credit Agreement also includes an accordion feature permitting the Company to request an increase in the revolving facility under the Second A&R Credit Agreement by an additional amount of up to $200,000 in the aggregate. As of April 2, 2022 and January 1, 2022, the outstanding balance on the Senior Credit Facility was $98,750. Borrowings under the Second A&R Credit Agreement bear interest at variable rates which are, at the Company's option, tied to a Eurocurrency rate equal to LIBOR (London Interbank Offered Rate) plus an applicable margin or a base rate denominated in U.S. dollars. Interest rates remain subject to change based on the Company's consolidated leverage ratio. As of April 2, 2022 the Company's interest rate was 1.2%. The Second A&R Credit Agreement contains financial covenants that require NV5 Global to maintain a consolidated net leverage ratio (the ratio of the Company's pro forma consolidated net funded indebtedness to the Company's pro forma consolidated EBITDA for the most recently completed measurement period) of no greater than 4.00 to 1.00. These financial covenants also require the Company to maintain a consolidated fixed charge coverage ratio of no less than 1.10 to 1.00 as of the end of any measurement period. As of April 2, 2022, the Company was in compliance with the financial covenants. The Second A&R Credit Agreement contains covenants that may have the effect of limiting the Company's ability to, among other things, merge with or acquire other entities, enter into a transaction resulting in a Change in Control, create certain new liens, incur certain additional indebtedness, engage in certain transactions with affiliates, or engage in new lines of business or sell a substantial part of their assets. The Second A&R Credit Agreement also contains customary events of default, including (but not limited to) a default in the payment of principal or, following an applicable grace period, interest, breaches of the Company's covenants or warranties under the Second A&R Credit Agreement, payment default or acceleration of certain indebtedness, certain events of bankruptcy, insolvency or liquidation, certain judgments or uninsured losses, changes in control and certain liabilities related to ERISA based plans. The Second A&R Credit Agreement limits the payment of cash dividends (together with certain other payments that would constitute a "Restricted Payment" within the meaning of the Second A&R Credit Agreement and generally including dividends, stock repurchases and certain other payments in respect to warrants, options, and other rights to acquire equity securities), unless the Consolidated Leverage Ratio would be less than 3.25 to 1.00 and available liquidity (defined as unrestricted, domestically held cash plus revolver availability) would be at least $30,000, in each case after giving effect to such payment. Total debt issuance costs incurred and capitalized in connection with the issuance of the Second A&R Credit Agreement were $3,702. Total amortization of debt issuance costs was $185 and $227 during the three months ended April 2, 2022 and April 3, 2021, respectively. Other Obligations The Company has aggregate obligations related to acquisitions of $28,456 and $34,226 as of April 2, 2022 and January 1, 2022, respectively. As of April 2, 2022, the Company's weighted average interest rate on other outstanding obligations was 2.4%.

Contingent Consideration

Contingent Consideration	3 Months Ended
	Apr. 02, 2022
Commitments and Contingencies Disclosure [Abstract]
Contingent Consideration	Contingent Consideration The following table summarizes the changes in the carrying value of estimated contingent consideration: April 2, 2022 January 1, 2022 Contingent consideration, beginning of the year $ 8,328 $ 2,400 Additions for acquisitions — 5,133 Reduction of liability for payments made (1,597) (1,538) Increase of liability related to re-measurement of fair value — 2,333 Total contingent consideration, end of the period 6,731 8,328 Current portion of contingent consideration 2,747 5,807 Contingent consideration, less current portion $ 3,984 $ 2,521

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Apr. 02, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Litigation, Claims and Assessments The Company is subject to certain claims and lawsuits typically filed against the engineering, consulting and construction profession, alleging primarily professional errors or omissions. The Company carries professional liability insurance, subject to certain deductibles and policy limits, against such claims. However, in some actions, parties are seeking damages that exceed our insurance coverage or for which we are not insured. While management does not believe that the resolution of these claims will have a material adverse effect, individually or in aggregate, on its financial position, results of operations or cash flows, management acknowledges the uncertainty surrounding the ultimate resolution of these matters. In August 2021, a Consolidated Amended Class Action Complaint was filed in a case titled In Re: Champlain Towers South Collapse Litigation, 2021-015089-CA-01, Circuit Court of the Eleventh Judicial District, Miami-Dade County regarding the collapse of the Champlain Tower South condominium building in Surfside, Florida. The case initially claimed negligence by the Champlain Towers South Condominium Association, Inc. (the “Association”) led to the building’s partial collapse. In November 2021, a Consolidated Second Amended Class Action Complaint (the “Second Complaint”) was filed against firms involved in the construction of a neighboring building known as “Eighty-Seven Park” alleging that work at Eighty-Seven Park may have been a contributing factor in the collapse. The defendants in the Second Complaint included the developers of Eighty-Seven Park, the general contractor and four other firms, including the Company (collectively, the “Eight-Seven Park Defendants”). The Company provided limited services to the developers of Eight-Seven Park in 2016, which is more than 5 years

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Apr. 02, 2022
Share-based Payment Arrangement [Abstract]
Stock-Based Compensation	Stock-Based Compensation In October 2011, the Company's stockholders approved the 2011 Equity Incentive Plan, which was subsequently amended and restated in March 2013 (as amended, the “2011 Equity Plan”). The 2011 Equity Plan provides directors, executive officers, and other employees of the Company with additional incentives by allowing them to acquire ownership interest in the business and, as a result, encouraging them to contribute to the Company’s success. The Company may provide these incentives through the grant of stock options, stock appreciation rights, restricted stock, restricted stock units, performance shares and units, and other cash-based or stock-based awards. As of April 2, 2022, 567,564 shares of common stock are authorized and reserved for issuance under the 2011 Equity Plan. This reserve automatically increases on each January 1 from 2014 through 2023, by an amount equal to the smaller of (i) 3.5% of the number of shares issued and outstanding on the immediately preceding December 31, or (ii) an amount determined by the Company's Board of Directors. The restricted shares of common stock granted generally provide for service-based vesting after two The following summarizes the activity of restricted stock awards during the three months ended April 2, 2022: Number of Unvested Restricted Shares of Common Stock and Restricted Stock Units Weighted Average January 1, 2022 744,490 $ 66.34 Granted 70,608 $ 118.08 Vested (12,132) $ 65.85 Forfeited (1,681) $ 64.59 April 2, 2022 801,285 $ 70.29 Stock-based compensation expense relating to restricted stock awards during the three months ended April 2, 2022 and April 3, 2021 was $4,789 and $3,696, respectively. Approximately $32,747 of deferred compensation, which is expected to be recognized over the remaining weighted average vesting period of 1.5 years, is unrecognized at April 2, 2022. The total fair value of restricted shares vested during the three months ended April 2, 2022 and April 3, 2021 was $1,376 and $841, respectively.

Income Taxes

Income Taxes	3 Months Ended
	Apr. 02, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes As of April 2, 2022 and January 1, 2022, the Company had net deferred income tax liabilities of $23,476 and $25,385, respectively. Deferred income tax liabilities primarily relate to intangible assets and accounting basis adjustments where we have a future obligation for tax purposes. The Company's effective income tax rate was 25.8% and 24.3% during the three months ended April 2, 2022 and April 3, 2021, respectively. The difference between the effective income tax rate and the combined statutory federal and state income tax rate was primarily due to federal credits. The Company evaluates tax positions for recognition using a more-likely-than-not recognition threshold, and those tax positions eligible for recognition are measured as the largest amount of tax benefit that is greater than 50% likely of being realized upon the effective settlement with a taxing authority that has full knowledge of all relevant information. Fiscal years 2018 through 2021 are considered open tax years in the U.S. federal jurisdiction, state and foreign jurisdictions. Fiscal years 2012 - 2014 are considered open in the State of California. It is not expected that there will be a significant change in the unrecognized tax benefits within the next 12 months.

Reportable Segments

Reportable Segments	3 Months Ended
	Apr. 02, 2022
Segment Reporting [Abstract]
Reportable Segments	Reportable Segments The Company reports segment information in accordance with ASC Topic No. 280 “ Segment Reporting” (“Topic No. 280”). The Company's Chief Executive Officer, who is the chief operating decision maker ("CODM"), organized the Company into three operating and reportable segments: Infrastructure ("INF"), which includes the Company's engineering, civil program management, utility services, and construction quality assurance, testing and inspection practices; Building, Technology & Sciences ("BTS"), which includes the Company's environmental health sciences, buildings and program management, and MEP & technology design practices; and Geospatial Solutions ("GEO"), which includes the Company's geospatial solution practices. The Company evaluates the performance of these reportable segments based on their respective operating income before the effect of amortization expense related to acquisitions and other unallocated corporate expenses. The following tables set forth summarized financial information concerning our reportable segments: Three Months Ended April 2, 2022 April 3, 2021 Gross revenues INF $ 99,963 $ 87,533 BTS 60,454 38,605 GEO 29,737 26,957 Total gross revenues $ 190,154 $ 153,095 Segment income before taxes INF $ 16,250 $ 16,812 BTS 12,812 6,265 GEO 5,104 3,906 Total Segment income before taxes 34,166 26,983 Corporate (1) (22,526) (19,746) Total income before taxes $ 11,640 $ 7,237 (1) Includes amortization of intangibles of $8,263 and $7,968 for the three months ended April 2, 2022 and April 3, 2021, respectively. The Company disaggregates its gross revenues from contracts with customers by geographic location, customer-type and contract-type for each of our reportable segments. Disaggregated revenues include the elimination of inter-segment revenues which has been allocated to each segment. The Company believes this best depicts how the nature, amount, timing and uncertainty of its revenues and cash flows are affected by economic factors. Gross revenue, classified by the major geographic areas in which the Company's customers were located, were as follows: Three Months Ended April 2, 2022 Three Months Ended April 3, 2021 INF BTS GEO Total INF BTS GEO Total United States $ 99,963 $ 52,917 $ 29,215 $ 182,095 $ 87,533 $ 35,298 $ 26,374 $ 149,205 Foreign — 7,537 522 8,059 — 3,307 583 3,890 Total gross revenues $ 99,963 $ 60,454 $ 29,737 $ 190,154 $ 87,533 $ 38,605 $ 26,957 $ 153,095 Gross revenue by customer were as follows: Three Months Ended April 2, 2022 Three Months Ended April 3, 2021 INF BTS GEO Total INF BTS GEO Total Public and quasi-public sector $ 79,206 $ 15,261 $ 22,989 $ 117,456 $ 68,684 $ 20,323 $ 17,973 $ 106,980 Private sector 20,757 45,193 6,748 72,698 18,849 18,282 8,984 46,115 Total gross revenues $ 99,963 $ 60,454 $ 29,737 $ 190,154 $ 87,533 $ 38,605 $ 26,957 $ 153,095 Gross revenues by contract type were as follows: Three Months Ended April 2, 2022 Three Months Ended April 3, 2021 INF BTS GEO Total INF BTS GEO Total Cost-reimbursable contracts $ 95,725 $ 39,487 $ 29,644 $ 164,856 $ 83,385 $ 28,709 $ 26,889 $ 138,983 Fixed-unit price contracts 4,238 20,967 93 25,298 4,148 9,896 68 14,112 Total gross revenues $ 99,963 $ 60,454 $ 29,737 $ 190,154 $ 87,533 $ 38,605 $ 26,957 $ 153,095

Leases

Leases	3 Months Ended
	Apr. 02, 2022
Leases [Abstract]
Leases	Leases The Company primarily leases property under operating leases and has six equipment operating leases for aircrafts used by the operations of QSI. The Company's property operating leases consist of various office facilities. The Company uses a portfolio approach to account for such leases due to the similarities in characteristics and apply an incremental borrowing rate based on estimates of rates the Company would pay for senior collateralized loans over a similar term. The Company's office leases with an initial term of 12 months or less are not recorded on the balance sheet. The Company accounts for lease components (e.g. fixed payments including rent, real estate taxes and common area maintenance costs) as a single lease component. Some of the Company's leases include one or more options to renew the lease term at its sole discretion; however, these are not included in the calculation of its lease liability or right-of-use ("ROU") lease asset because they are not reasonably certain of exercise. The Company also leases vehicles through a fleet leasing program. The payments for the vehicles are based on the terms selected. The Company has determined that it is reasonably certain that the leased vehicles will be held beyond the period in which the entire capitalized value of the vehicle has been paid to the lessor. As such, the capitalized value is the delivered price of the vehicle. The Company's vehicle leases are classified as financing leases. Supplemental balance sheet information related to the Company's operating and finance leases is as follows: Leases Classification April 2, 2022 January 1, 2022 Assets Operating lease assets Right-of-use lease asset, net (1) $ 41,899 $ 44,260 Finance lease assets Property and equipment, net (1) 2,251 2,197 Total leased assets $ 44,150 $ 46,457 Liabilities Current Operating Accrued liabilities $ (12,830) $ (12,897) Finance Current portion of notes payable and other obligations (1,191) (1,225) Noncurrent Operating Other long-term liabilities (30,940) (33,169) Finance Notes payable and other obligations, less current portion (1,079) (990) Total lease liabilities $ (46,040) $ (48,281) (1) At April 2, 2022, operating right of-use lease assets and finance lease assets are recorded net of accumulated amortization of $31,926 and $3,944, respectively. At January 1, 2022, operating right-of-use lease assets and finance lease assets are recorded net of accumulated amortization of $29,257 and $3,643, respectively. Supplemental balance sheet information related to the Company's operating and finance leases is as follows: Weighted - Average Remaining Lease Term (Years) April 2, 2022 January 1, 2022 Operating leases 4.3 4.5 Finance leases 1.6 1.6 Weighted - Average Discount Rate Operating leases 4% 4% Finance leases 7% 7% Supplemental cash flow information related to the Company's operating and finance lease liabilities is as follows: Three Months Ended April 2, 2022 April 3, 2021 Operating cash flows from operating leases $ 3,442 $ 3,517 Financing cash flows from finance leases $ 320 $ 255 Right-of-use assets obtained in exchange for lease obligations: Operating leases $ 202 $ 1,310 The following tables summarize the components of lease cost recognized in the consolidated statements of net income and comprehensive income: Three Months Ended Lease Cost Classification April 2, 2022 April 3, 2021 Operating lease cost Facilities and facilities related $ 3,823 $ 3,681 Variable operating lease cost Facilities and facilities related 575 598 Finance lease cost Amortization of financing lease assets Depreciation and amortization 323 255 Interest on lease liabilities Interest expense 36 33 Total lease cost $ 4,757 $ 4,567 As of April 2, 2022, maturities of the Company's lease liabilities under its long-term operating leases and finance leases for the next five fiscal years and thereafter are as follows: Fiscal Year Operating Leases Finance Leases Remainder of 2022 $ 10,790 $ 1,001 2023 12,286 800 2024 9,479 400 2025 6,835 198 2026 4,243 139 Thereafter 3,790 17 Total lease payments 47,423 2,555 Less: Interest (3,653) (285) Present value of lease liabilities $ 43,770 $ 2,270
Leases	Leases The Company primarily leases property under operating leases and has six equipment operating leases for aircrafts used by the operations of QSI. The Company's property operating leases consist of various office facilities. The Company uses a portfolio approach to account for such leases due to the similarities in characteristics and apply an incremental borrowing rate based on estimates of rates the Company would pay for senior collateralized loans over a similar term. The Company's office leases with an initial term of 12 months or less are not recorded on the balance sheet. The Company accounts for lease components (e.g. fixed payments including rent, real estate taxes and common area maintenance costs) as a single lease component. Some of the Company's leases include one or more options to renew the lease term at its sole discretion; however, these are not included in the calculation of its lease liability or right-of-use ("ROU") lease asset because they are not reasonably certain of exercise. The Company also leases vehicles through a fleet leasing program. The payments for the vehicles are based on the terms selected. The Company has determined that it is reasonably certain that the leased vehicles will be held beyond the period in which the entire capitalized value of the vehicle has been paid to the lessor. As such, the capitalized value is the delivered price of the vehicle. The Company's vehicle leases are classified as financing leases. Supplemental balance sheet information related to the Company's operating and finance leases is as follows: Leases Classification April 2, 2022 January 1, 2022 Assets Operating lease assets Right-of-use lease asset, net (1) $ 41,899 $ 44,260 Finance lease assets Property and equipment, net (1) 2,251 2,197 Total leased assets $ 44,150 $ 46,457 Liabilities Current Operating Accrued liabilities $ (12,830) $ (12,897) Finance Current portion of notes payable and other obligations (1,191) (1,225) Noncurrent Operating Other long-term liabilities (30,940) (33,169) Finance Notes payable and other obligations, less current portion (1,079) (990) Total lease liabilities $ (46,040) $ (48,281) (1) At April 2, 2022, operating right of-use lease assets and finance lease assets are recorded net of accumulated amortization of $31,926 and $3,944, respectively. At January 1, 2022, operating right-of-use lease assets and finance lease assets are recorded net of accumulated amortization of $29,257 and $3,643, respectively. Supplemental balance sheet information related to the Company's operating and finance leases is as follows: Weighted - Average Remaining Lease Term (Years) April 2, 2022 January 1, 2022 Operating leases 4.3 4.5 Finance leases 1.6 1.6 Weighted - Average Discount Rate Operating leases 4% 4% Finance leases 7% 7% Supplemental cash flow information related to the Company's operating and finance lease liabilities is as follows: Three Months Ended April 2, 2022 April 3, 2021 Operating cash flows from operating leases $ 3,442 $ 3,517 Financing cash flows from finance leases $ 320 $ 255 Right-of-use assets obtained in exchange for lease obligations: Operating leases $ 202 $ 1,310 The following tables summarize the components of lease cost recognized in the consolidated statements of net income and comprehensive income: Three Months Ended Lease Cost Classification April 2, 2022 April 3, 2021 Operating lease cost Facilities and facilities related $ 3,823 $ 3,681 Variable operating lease cost Facilities and facilities related 575 598 Finance lease cost Amortization of financing lease assets Depreciation and amortization 323 255 Interest on lease liabilities Interest expense 36 33 Total lease cost $ 4,757 $ 4,567 As of April 2, 2022, maturities of the Company's lease liabilities under its long-term operating leases and finance leases for the next five fiscal years and thereafter are as follows: Fiscal Year Operating Leases Finance Leases Remainder of 2022 $ 10,790 $ 1,001 2023 12,286 800 2024 9,479 400 2025 6,835 198 2026 4,243 139 Thereafter 3,790 17 Total lease payments 47,423 2,555 Less: Interest (3,653) (285) Present value of lease liabilities $ 43,770 $ 2,270

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Apr. 02, 2022
Accounting Policies [Abstract]
Basis of Presentation and Principles of Consolidation	Basis of Presentation and Principles of Consolidation The consolidated financial statements of the Company are presented in U.S. dollars in conformity with accounting principles generally accepted in the United States (“U.S. GAAP”) and have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) for reporting of interim financial information. Pursuant to such rules and regulations, certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted. The consolidated financial statements include the accounts of the Company and its subsidiaries. All intercompany transactions and balances have been eliminated in consolidation.
Performance Obligations	Performance Obligations To determine the proper revenue recognition method, the Company evaluates whether two or more contracts should be combined and accounted for as one single contract and whether the combined or single contract should be accounted for as more than one performance obligation. The majority of the Company's contracts have a single performance obligation as the promise to transfer the individual goods or services that is not separately identifiable from other promises in the contracts and therefore, is not distinct. The Company’s performance obligations are satisfied as work progresses or at a point in time. Revenue on the Company's cost-reimbursable contracts is recognized over time using direct costs incurred or direct costs incurred to date as compared to the estimated total direct costs for performance obligations because it depicts the transfer of control to the customer. Contract costs include labor, sub-consultant services, and other direct costs. Gross revenue from services transferred to customers at a point in time is recognized when the customer obtains control of the asset, which is generally upon delivery and acceptance by the customer of the reports and/or analysis performed. As of April 2, 2022, the Company had $724,663 of remaining performance obligations, of which $610,558 is expected to be recognized over the next 12 months and the majority of the balance over the next 24 months. Contracts for which work authorizations have been received are included in performance obligations. Performance obligations include only those amounts that have been funded and authorized and does not reflect the full amounts the Company may receive over the term of such contracts. In the case of non-government contracts and project awards, performance obligations include future revenue at contract or customary rates, excluding contract renewals or extensions that are at the discretion of the client. For contracts with a not-to-exceed maximum amount, the Company includes revenue from such contracts in performance obligations to the extent of the remaining estimated amount. Contract Balances
Goodwill and Intangible Assets	Goodwill and Intangible Assets Goodwill is the excess of consideration paid for an acquired entity over the amounts assigned to assets acquired, including other identifiable intangible assets and liabilities assumed in a business combination. To determine the amount of goodwill resulting from a business combination, the Company performs an assessment to determine the acquisition date fair value of the acquired company’s tangible and identifiable intangible assets and liabilities. Goodwill is required to be evaluated for impairment on an annual basis or whenever events or changes in circumstances indicate the asset may be impaired. An entity has the option to first assess qualitative factors to determine whether the existence of events or circumstances leads to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. These qualitative factors include: macroeconomic and industry conditions, cost factors, overall financial performance and other relevant entity-specific events. If the entity determines that this threshold is met, then the Company may apply a one-step quantitative test and record the amount of goodwill impairment as the excess of a reporting unit's carrying amount over its fair value, not to exceed the total amount of goodwill allocated to the reporting unit. The Company determines fair value through multiple valuation techniques, and weights the results accordingly. NV5 Global is required to make certain subjective and complex judgments in assessing whether an event of impairment of goodwill has occurred, including assumptions and estimates used to determine the fair value of its reporting units. The Company has elected to perform its annual goodwill impairment review as of August 1 of each year. The Company conducts its annual impairment tests on the goodwill using the quantitative method of evaluating goodwill. As of August 1, 2021, the Company conducted its annual impairment tests using the quantitative method of evaluating goodwill. Based on the quantitative analyses the Company determined the fair value of each of the reporting units exceeded its carrying value. Therefore, the goodwill was not impaired and the Company did not recognize an impairment charge relating to goodwill as of August 1, 2021. Furthermore, there were no indicators, events or changes in circumstances that would indicate goodwill was impaired during the period from August 2, 2021 through April 2, 2022.
Recently Accounting Pronouncements	Recent Accounting Pronouncements In October 2021, the FASB issued ASU No. 2021-08, Business Combinations (Topic 805) - Accounting for Contract Assets and Contract Liabilities from Contracts with Customers ("ASU 2021-08"). This ASU improves the accounting for acquired revenue contracts with customers in a business combination by addressing diversity in practice and resulting inconsistencies. This ASU requires an entity to recognize and measure contract assets and contract liabilities acquired in a business combination in accordance with ASC 606, Revenue from Contracts with Customers

Earnings per Share (Tables)

Earnings per Share (Tables)	3 Months Ended
	Apr. 02, 2022
Earnings Per Share [Abstract]
Schedule of reconciliation of the net income and weighted average shares outstanding for the calculation of basic and diluted earnings per share	The following table represents a reconciliation of the net income and weighted average shares outstanding for the calculation of basic and diluted earnings per share: Three Months Ended April 2, 2022 April 3, 2021 Numerator: Net income – basic and diluted $ 8,642 $ 5,480 Denominator: Basic weighted average shares outstanding 14,693,323 12,876,822 Effect of dilutive non-vested restricted shares and units 505,534 527,957 Effect of issuable shares related to acquisitions 17,248 24,323 Diluted weighted average shares outstanding 15,216,105 13,429,102

Business Acquisitions (Tables)

Business Acquisitions (Tables)	3 Months Ended
	Apr. 02, 2022
Business Combination and Asset Acquisition [Abstract]
Summary of the fair values of the assets acquires and liabilities assumed	The following table summarizes the fair values of the assets acquired and liabilities assumed as of the acquisition date for the acquisitions closed during the fiscal year ended January 1, 2022: Fiscal Year Ended January 1, 2022 Cash $ 1,480 Billed and unbilled receivables, net 17,733 Right-of-use assets 2,932 Property and equipment 3,741 Prepaid expenses 587 Other assets 13 Intangible assets: Customer relationships 36,407 Trade name 2,098 Customer backlog 3,860 Non-compete 4,456 Total Assets $ 73,307 Liabilities (13,984) Deferred tax liabilities (4,521) Net assets acquired $ 54,802 Consideration paid (Cash, Notes and/or stock) $ 95,560 Contingent earn-out liability (Cash and stock) 5,133 Total Consideration $ 100,693 Excess consideration over the amounts assigned to the net assets acquired (Goodwill) $ 45,891
Pro forma consolidated results of operations	The following table presents the results of operations of businesses acquired from their respective dates of acquisition for the three months ended April 3, 2021. Three Months Ended April 3, 2021 Gross revenues $ 1,451 Income before income taxes $ 493 Three Months Ended April 3, 2021 Gross revenues $ 170,151 Net income $ 6,287 Basic earnings per share $ 0.49 Diluted earnings per share $ 0.47

Billed and Unbilled Receivabl_2

Billed and Unbilled Receivables (Tables)	3 Months Ended
	Apr. 02, 2022
Receivables [Abstract]
Schedule of accounts, notes, loans and financing receivable	Billed and Unbilled Receivables consists of the following: April 2, 2022 January 1, 2022 Billed receivables $ 136,359 $ 159,942 Less: allowance for doubtful accounts (6,369) (6,128) Billed receivables, net $ 129,990 $ 153,814 Unbilled receivables $ 89,515 $ 91,558 Less: allowance for doubtful accounts (1,888) (1,824) Unbilled receivables, net $ 87,627 $ 89,734

Property and Equipment, net (Ta

Property and Equipment, net (Tables)	3 Months Ended
	Apr. 02, 2022
Property, Plant and Equipment [Abstract]
Schedule of property and equipment	Property and equipment, net, consists of the following: April 2, 2022 January 1, 2022 Office furniture and equipment $ 3,333 $ 3,314 Computer equipment 21,808 20,063 Survey and field equipment 39,879 35,436 Leasehold improvements 6,426 6,395 Total 71,446 65,208 Less: accumulated depreciation (35,149) (32,479) Property and equipment, net $ 36,297 $ 32,729

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	3 Months Ended
	Apr. 02, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of goodwill	The changes in the carrying value by reportable segment for the three months ended April 2, 2022 were as follows: Three Months Ended January 1, 2022 2022 Acquisitions Adjustments April 2, 2022 INF $ 90,725 $ 120 $ 19 $ 90,864 BTS 111,005 61 (162) 110,904 GEO 188,186 — — 188,186 Total $ 389,916 $ 181 $ (143) $ 389,954
Schedule of finite-lived intangible assets	Intangible assets, net, as of April 2, 2022 and January 1, 2022 consist of the following: April 2, 2022 January 1, 2022 Gross Accumulated Amortization Net Gross Accumulated Amortization Net Finite-lived intangible assets: Customer relationships (1) $ 219,548 $ (70,485) $ 149,063 $ 219,455 $ (65,017) $ 154,438 Trade name (2) 16,615 (15,081) 1,534 16,615 (14,815) 1,800 Customer backlog (3) 28,984 (25,867) 3,117 28,971 (25,162) 3,809 Non-compete (4) 13,842 (9,664) 4,178 13,829 (9,024) 4,805 Developed technology (5) 32,944 (10,755) 22,189 32,944 (9,572) 23,372 Total finite-lived intangible assets $ 311,933 $ (131,852) $ 180,081 $ 311,814 $ (123,590) $ 188,224 (1) Amortized on a straight-line basis over estimated lives (5 to 12 years) (2) Amortized on a straight-line basis over their estimated lives (1 to 3 years) (3) Amortized on a straight-line basis over their estimated lives (1 to 10 years) (4) Amortized on a straight-line basis over their contractual lives (2 to 5 years) (5) Amortized on a straight-line basis over their estimated lives (5 to 7 years)

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	3 Months Ended
	Apr. 02, 2022
Payables and Accruals [Abstract]
Schedule of accrued liabilities	Accrued liabilities consist of the following: April 2, 2022 January 1, 2022 Current portion of lease liability $ 12,830 $ 12,897 Accrued vacation 13,788 12,819 Payroll and related taxes 16,841 10,931 Benefits 6,429 6,767 Accrued operating expenses 6,093 4,329 Other 2,062 2,718 Total $ 58,043 $ 50,461

Notes Payable and Other Oblig_2

Notes Payable and Other Obligations (Tables)	3 Months Ended
	Apr. 02, 2022
Payables and Accruals [Abstract]
Schedule of notes payable and other obligations	Notes payable and other obligations consists of the following: April 2, 2022 January 1, 2022 Senior credit facility $ 98,750 $ 98,750 Uncollateralized promissory notes 27,075 31,493 Finance leases 2,270 2,215 Other obligations 1,381 2,733 Debt issuance costs, net of amortization (3,210) (3,395) Total notes payable and other obligations 126,266 131,796 Current portion of notes payable and other obligations 18,335 20,734 Notes payable and other obligations, less current portion $ 107,931 $ 111,062

Contingent Consideration (Table

Contingent Consideration (Tables)	3 Months Ended
	Apr. 02, 2022
Commitments and Contingencies Disclosure [Abstract]
Schedule of changes carrying value of estimated contingent consideration	The following table summarizes the changes in the carrying value of estimated contingent consideration: April 2, 2022 January 1, 2022 Contingent consideration, beginning of the year $ 8,328 $ 2,400 Additions for acquisitions — 5,133 Reduction of liability for payments made (1,597) (1,538) Increase of liability related to re-measurement of fair value — 2,333 Total contingent consideration, end of the period 6,731 8,328 Current portion of contingent consideration 2,747 5,807 Contingent consideration, less current portion $ 3,984 $ 2,521

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Apr. 02, 2022
Share-based Payment Arrangement [Abstract]
Share-based payment arrangement, restricted stock unit, activity	The following summarizes the activity of restricted stock awards during the three months ended April 2, 2022: Number of Unvested Restricted Shares of Common Stock and Restricted Stock Units Weighted Average January 1, 2022 744,490 $ 66.34 Granted 70,608 $ 118.08 Vested (12,132) $ 65.85 Forfeited (1,681) $ 64.59 April 2, 2022 801,285 $ 70.29

Reportable Segments (Tables)

Reportable Segments (Tables)	3 Months Ended
	Apr. 02, 2022
Segment Reporting [Abstract]
Schedule of segment reporting information, by segment	The following tables set forth summarized financial information concerning our reportable segments: Three Months Ended April 2, 2022 April 3, 2021 Gross revenues INF $ 99,963 $ 87,533 BTS 60,454 38,605 GEO 29,737 26,957 Total gross revenues $ 190,154 $ 153,095 Segment income before taxes INF $ 16,250 $ 16,812 BTS 12,812 6,265 GEO 5,104 3,906 Total Segment income before taxes 34,166 26,983 Corporate (1) (22,526) (19,746) Total income before taxes $ 11,640 $ 7,237 (1) Includes amortization of intangibles of $8,263 and $7,968 for the three months ended April 2, 2022 and April 3, 2021, respectively.
Schedule of revenue from external customers by geographic areas	Gross revenue, classified by the major geographic areas in which the Company's customers were located, were as follows: Three Months Ended April 2, 2022 Three Months Ended April 3, 2021 INF BTS GEO Total INF BTS GEO Total United States $ 99,963 $ 52,917 $ 29,215 $ 182,095 $ 87,533 $ 35,298 $ 26,374 $ 149,205 Foreign — 7,537 522 8,059 — 3,307 583 3,890 Total gross revenues $ 99,963 $ 60,454 $ 29,737 $ 190,154 $ 87,533 $ 38,605 $ 26,957 $ 153,095
Schedule of revenue by major customers by reporting segments	Gross revenue by customer were as follows: Three Months Ended April 2, 2022 Three Months Ended April 3, 2021 INF BTS GEO Total INF BTS GEO Total Public and quasi-public sector $ 79,206 $ 15,261 $ 22,989 $ 117,456 $ 68,684 $ 20,323 $ 17,973 $ 106,980 Private sector 20,757 45,193 6,748 72,698 18,849 18,282 8,984 46,115 Total gross revenues $ 99,963 $ 60,454 $ 29,737 $ 190,154 $ 87,533 $ 38,605 $ 26,957 $ 153,095
Schedule of revenue from external customers by products and services	Gross revenues by contract type were as follows: Three Months Ended April 2, 2022 Three Months Ended April 3, 2021 INF BTS GEO Total INF BTS GEO Total Cost-reimbursable contracts $ 95,725 $ 39,487 $ 29,644 $ 164,856 $ 83,385 $ 28,709 $ 26,889 $ 138,983 Fixed-unit price contracts 4,238 20,967 93 25,298 4,148 9,896 68 14,112 Total gross revenues $ 99,963 $ 60,454 $ 29,737 $ 190,154 $ 87,533 $ 38,605 $ 26,957 $ 153,095

Leases (Tables)

Leases (Tables)	3 Months Ended
	Apr. 02, 2022
Leases [Abstract]
Schedule of supplemental balance sheet information	Supplemental balance sheet information related to the Company's operating and finance leases is as follows: Leases Classification April 2, 2022 January 1, 2022 Assets Operating lease assets Right-of-use lease asset, net (1) $ 41,899 $ 44,260 Finance lease assets Property and equipment, net (1) 2,251 2,197 Total leased assets $ 44,150 $ 46,457 Liabilities Current Operating Accrued liabilities $ (12,830) $ (12,897) Finance Current portion of notes payable and other obligations (1,191) (1,225) Noncurrent Operating Other long-term liabilities (30,940) (33,169) Finance Notes payable and other obligations, less current portion (1,079) (990) Total lease liabilities $ (46,040) $ (48,281) (1) At April 2, 2022, operating right of-use lease assets and finance lease assets are recorded net of accumulated amortization of $31,926 and $3,944, respectively. At January 1, 2022, operating right-of-use lease assets and finance lease assets are recorded net of accumulated amortization of $29,257 and $3,643, respectively.
Schedule of lease term and discount rate	Supplemental balance sheet information related to the Company's operating and finance leases is as follows: Weighted - Average Remaining Lease Term (Years) April 2, 2022 January 1, 2022 Operating leases 4.3 4.5 Finance leases 1.6 1.6 Weighted - Average Discount Rate Operating leases 4% 4% Finance leases 7% 7%
Schedule of supplemental cash flow information	Supplemental cash flow information related to the Company's operating and finance lease liabilities is as follows: Three Months Ended April 2, 2022 April 3, 2021 Operating cash flows from operating leases $ 3,442 $ 3,517 Financing cash flows from finance leases $ 320 $ 255 Right-of-use assets obtained in exchange for lease obligations: Operating leases $ 202 $ 1,310
Schedule of lease cost	The following tables summarize the components of lease cost recognized in the consolidated statements of net income and comprehensive income: Three Months Ended Lease Cost Classification April 2, 2022 April 3, 2021 Operating lease cost Facilities and facilities related $ 3,823 $ 3,681 Variable operating lease cost Facilities and facilities related 575 598 Finance lease cost Amortization of financing lease assets Depreciation and amortization 323 255 Interest on lease liabilities Interest expense 36 33 Total lease cost $ 4,757 $ 4,567
Schedule of maturities of lease liabilities	As of April 2, 2022, maturities of the Company's lease liabilities under its long-term operating leases and finance leases for the next five fiscal years and thereafter are as follows: Fiscal Year Operating Leases Finance Leases Remainder of 2022 $ 10,790 $ 1,001 2023 12,286 800 2024 9,479 400 2025 6,835 198 2026 4,243 139 Thereafter 3,790 17 Total lease payments 47,423 2,555 Less: Interest (3,653) (285) Present value of lease liabilities $ 43,770 $ 2,270
Schedule of maturities of lease liabilities	As of April 2, 2022, maturities of the Company's lease liabilities under its long-term operating leases and finance leases for the next five fiscal years and thereafter are as follows: Fiscal Year Operating Leases Finance Leases Remainder of 2022 $ 10,790 $ 1,001 2023 12,286 800 2024 9,479 400 2025 6,835 198 2026 4,243 139 Thereafter 3,790 17 Total lease payments 47,423 2,555 Less: Interest (3,653) (285) Present value of lease liabilities $ 43,770 $ 2,270

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Revenue Recognition (Details) $ in Thousands	Apr. 02, 2022USD ($)
Accounting Policies [Abstract]
Remaining revenue performance obligation amount	$ 724,663
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-04-03
Accounting Policies [Abstract]
Remaining revenue performance obligation amount	$ 610,558
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-04-03 | Period One
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation expected timing of satisfaction	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-04-03 | Period Two
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation expected timing of satisfaction	24 months

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Contract Balances (Details) $ in Thousands	3 Months Ended
	Apr. 02, 2022USD ($)
Accounting Policies [Abstract]
Revenue from contract liability	$ 16,010

Earnings per Share - Narrative

Earnings per Share - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands	Apr. 13, 2021	Mar. 15, 2021	Mar. 10, 2021	Apr. 02, 2022	Apr. 03, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities (in shares)				31,439	8,023
Price per share (in dollars per share)			$ 93
Public Offering
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Sale of stock, number of shares issued in transaction (in shares)			1,612,903
Underwriting term			30 days
Consideration received on transaction		$ 140,693
Over-allotment Option
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Sale of stock, number of shares issued in transaction (in shares)			241,935
Consideration received on transaction	$ 21,150
Restricted Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities (in shares)				743,496	767,186

Earnings per Share - Schedule o

Earnings per Share - Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2022	Apr. 03, 2021
Numerator:
Net income – basic and diluted	$ 8,642	$ 5,480
Denominator:
Basic weighted average shares outstanding (in shares)	14,693,323	12,876,822
Effect of dilutive non-vested restricted shares and units (in shares)	505,534	527,957
Effect of issuable shares related to acquisitions (in shares)	17,248	24,323
Diluted weighted average shares outstanding (in shares)	15,216,105	13,429,102

Business Acquisitions - Narrati

Business Acquisitions - Narrative (Details) $ in Thousands	12 Months Ended
	Jan. 01, 2022USD ($)acquisition	Apr. 02, 2022USD ($)	Jan. 02, 2021USD ($)
Business Acquisition [Line Items]
Earn-out of cash fair value	$ 8,328	$ 6,731	$ 2,400
Series of Individually Immaterial Business Acquisitions
Business Acquisition [Line Items]
Number of businesses acquired | acquisition	8
Total consideration	$ 100,693
Payments to acquire businesses	69,501
Consideration of common stock	6,787
Potential earn-out in cash and stock	25,700
Earn-out of cash fair value	5,133
Series of Individually Immaterial Business Acquisitions | Uncollateralized Promissory Notes
Business Acquisition [Line Items]
Notes payable	$ 19,272

Business Acquisitions - Summary

Business Acquisitions - Summary of the Fair Values of Assets Acquired and Liabilities Assumed (Details) - Series of Individually Immaterial Business Acquisitions $ in Thousands	12 Months Ended
	Jan. 01, 2022USD ($)
Acquired Finite-Lived Intangible Assets [Line Items]
Cash	$ 1,480
Billed and unbilled receivables, net	17,733
Right-of-use assets	2,932
Property and equipment	3,741
Prepaid expenses	587
Other assets	13
Total Assets	73,307
Liabilities	(13,984)
Deferred tax liabilities	(4,521)
Net assets acquired	54,802
Consideration paid (Cash, Notes and/or stock)	95,560
Contingent earn-out liability (Cash and stock)	5,133
Total Consideration	100,693
Excess consideration over the amounts assigned to the net assets acquired (Goodwill)	45,891
Customer relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets:	36,407
Trade name
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets:	2,098
Customer backlog
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets:	3,860
Non-compete
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets:	$ 4,456

Business Acquisitions - Results

Business Acquisitions - Results of Operations From any Business Acquired (Details) $ in Thousands	3 Months Ended
	Apr. 03, 2021USD ($)
Business Combination and Asset Acquisition [Abstract]
Gross revenues	$ 1,451
Income before income taxes	$ 493

Business Acquisitions - Pro For

Business Acquisitions - Pro Forma Consolidated Results of Operations (Details) $ / shares in Units, $ in Thousands	3 Months Ended
	Apr. 03, 2021USD ($)$ / shares
Business Combination and Asset Acquisition [Abstract]
Gross revenues | $	$ 170,151
Net income | $	$ 6,287
Basic earnings per share (in dollars per Share) | $ / shares	$ 0.49
Diluted earnings per share (in dollars per Share) | $ / shares	$ 0.47

Billed and Unbilled Receivabl_3

Billed and Unbilled Receivables (Details) - USD ($) $ in Thousands	Apr. 02, 2022	Jan. 01, 2022
Receivables [Abstract]
Billed receivables	$ 136,359	$ 159,942
Less: allowance for doubtful accounts	(6,369)	(6,128)
Billed receivables, net	129,990	153,814
Unbilled receivables	89,515	91,558
Less: allowance for doubtful accounts	(1,888)	(1,824)
Unbilled receivables, net	$ 87,627	$ 89,734

Property and Equipment, net (De

Property and Equipment, net (Details) - USD ($) $ in Thousands	Apr. 02, 2022	Jan. 01, 2022
Property, Plant and Equipment [Line Items]
Total	$ 71,446	$ 65,208
Less: accumulated depreciation	(35,149)	(32,479)
Property and equipment, net	36,297	32,729
Office furniture and equipment
Property, Plant and Equipment [Line Items]
Total	3,333	3,314
Computer equipment
Property, Plant and Equipment [Line Items]
Total	21,808	20,063
Survey and field equipment
Property, Plant and Equipment [Line Items]
Total	39,879	35,436
Leasehold improvements
Property, Plant and Equipment [Line Items]
Total	$ 6,426	$ 6,395

Property and Equipment, net - N

Property and Equipment, net - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2022	Apr. 03, 2021
Property, Plant and Equipment [Line Items]
Depreciation expense	$ 2,904	$ 2,574
Other Direct Costs
Property, Plant and Equipment [Line Items]
Depreciation expense	$ 1,233	$ 1,102

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Schedule of Goodwill (Details) $ in Thousands	3 Months Ended
	Apr. 02, 2022USD ($)
Goodwill [Roll Forward]
Beginning balance	$ 389,916
2022 Acquisitions	181
Adjustments	(143)
Ending balance	389,954
INF
Goodwill [Roll Forward]
Beginning balance	90,725
2022 Acquisitions	120
Adjustments	19
Ending balance	90,864
BTS
Goodwill [Roll Forward]
Beginning balance	111,005
2022 Acquisitions	61
Adjustments	(162)
Ending balance	110,904
GEO
Goodwill [Roll Forward]
Beginning balance	188,186
2022 Acquisitions	0
Adjustments	0
Ending balance	$ 188,186

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Schedule of Finite-Lived Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2022	Jan. 01, 2022
Finite-lived intangible assets:
Gross Carrying Amount	$ 311,933	$ 311,814
Accumulated Amortization	(131,852)	(123,590)
Net Amount	180,081	188,224
Customer relationships
Finite-lived intangible assets:
Gross Carrying Amount	219,548	219,455
Accumulated Amortization	(70,485)	(65,017)
Net Amount	$ 149,063	154,438
Customer relationships | Minimum
Finite-lived intangible assets:
Useful life	5 years
Customer relationships | Maximum
Finite-lived intangible assets:
Useful life	12 years
Trade name
Finite-lived intangible assets:
Gross Carrying Amount	$ 16,615	16,615
Accumulated Amortization	(15,081)	(14,815)
Net Amount	$ 1,534	1,800
Trade name | Minimum
Finite-lived intangible assets:
Useful life	1 year
Trade name | Maximum
Finite-lived intangible assets:
Useful life	3 years
Customer backlog
Finite-lived intangible assets:
Gross Carrying Amount	$ 28,984	28,971
Accumulated Amortization	(25,867)	(25,162)
Net Amount	$ 3,117	3,809
Customer backlog | Minimum
Finite-lived intangible assets:
Useful life	1 year
Customer backlog | Maximum
Finite-lived intangible assets:
Useful life	10 years
Non-compete
Finite-lived intangible assets:
Gross Carrying Amount	$ 13,842	13,829
Accumulated Amortization	(9,664)	(9,024)
Net Amount	$ 4,178	4,805
Non-compete | Minimum
Finite-lived intangible assets:
Useful life	2 years
Non-compete | Maximum
Finite-lived intangible assets:
Useful life	5 years
Developed technology
Finite-lived intangible assets:
Gross Carrying Amount	$ 32,944	32,944
Accumulated Amortization	(10,755)	(9,572)
Net Amount	$ 22,189	$ 23,372
Developed technology | Minimum
Finite-lived intangible assets:
Useful life	5 years
Developed technology | Maximum
Finite-lived intangible assets:
Useful life	7 years

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2022	Apr. 03, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 8,263	$ 7,968

Accrued Liabilities (Details)

Accrued Liabilities (Details) - USD ($) $ in Thousands	Apr. 02, 2022	Jan. 01, 2022
Payables and Accruals [Abstract]
Current portion of lease liability	$ 12,830	$ 12,897
Accrued vacation	13,788	12,819
Payroll and related taxes	16,841	10,931
Benefits	6,429	6,767
Accrued operating expenses	6,093	4,329
Other	2,062	2,718
Total	$ 58,043	$ 50,461

Notes Payable and Other Oblig_3

Notes Payable and Other Obligations - Summary of Notes Payable and Other Obligations (Details) - USD ($) $ in Thousands	Apr. 02, 2022	Jan. 01, 2022
Debt Instrument [Line Items]
Finance leases	$ 2,270	$ 2,215
Debt issuance costs, net of amortization	(3,210)	(3,395)
Total notes payable and other obligations	126,266	131,796
Current portion of notes payable and other obligations	18,335	20,734
Notes payable and other obligations, less current portion	107,931	111,062
Senior credit facility
Debt Instrument [Line Items]
Long-term debt, gross	98,750	98,750
Uncollateralized promissory notes
Debt Instrument [Line Items]
Long-term debt, gross	27,075	31,493
Other obligations
Debt Instrument [Line Items]
Long-term debt, gross	$ 1,381	$ 2,733

Notes Payable and Other Oblig_4

Notes Payable and Other Obligations - Narrative (Details)	Aug. 13, 2021USD ($)	Apr. 02, 2022USD ($)	Apr. 03, 2021USD ($)	Jan. 01, 2022USD ($)	Dec. 07, 2016USD ($)
Debt Instrument [Line Items]
Debt covenant, liquidity availability		$ 30,000,000
Amortization of debt issuance costs		185,000	$ 227,000
Other obligations		$ 28,456,000		$ 34,226,000
Weighted average interest rate		2.40%
Senior Credit Facility
Debt Instrument [Line Items]
Long-term debt, gross		$ 98,750,000		98,750,000
Senior Credit Facility | Line of Credit
Debt Instrument [Line Items]
Maximum borrowing capacity					$ 150,000,000
Senior Credit Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity					$ 215,000,000
Long-term debt, gross		$ 98,750,000		$ 98,750,000
Second A&R Credit Agreement
Debt Instrument [Line Items]
Minimum fixed charge coverage ratio		3.25
Second A&R Credit Agreement | Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 400,000,000
Aggregate credit agreement	138,750,000
Available increase in borrowing capacity	$ 200,000,000
Interest rate during period		1.20%
Covenant, net leverage ratio		4
Minimum fixed charge coverage ratio		1.10
AR Credit Agreement
Debt Instrument [Line Items]
Debt issuance costs		$ 3,702,000
Amortization of debt issuance costs		$ 185,000	$ 227,000

Contingent Consideration (Detai

Contingent Consideration (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Apr. 02, 2022	Jan. 01, 2022
Commitments and Contingencies Disclosure [Roll Forward]
Contingent consideration, beginning of the year	$ 8,328	$ 2,400
Additions for acquisitions	0	5,133
Reduction of liability for payments made	(1,597)	(1,538)
Increase of liability related to re-measurement of fair value	0	2,333
Total contingent consideration, end of the period	6,731	8,328
Current portion of contingent consideration	2,747	5,807
Contingent consideration, less current portion	$ 3,984	$ 2,521

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2022	Apr. 03, 2021
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred compensation	$ 4,789	$ 3,696
Weighted average vesting period	$ 32,747
Cost not yet recognized, term	1 year 6 months
Fair value of restricted shares vested	$ 1,376	$ 841
Equity Plan 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized (in shares)	567,564
Rate of increase decrease in shares authorized for issuance	3.50%
Equity Plan 2011 | Restricted Stock | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	2 years
Equity Plan 2011 | Restricted Stock | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	4 years

Stock-Based Compensation - Rest

Stock-Based Compensation - Restricted Stock Awards (Details) - Restricted Stock	3 Months Ended
	Apr. 02, 2022$ / sharesshares
Number of Unvested Restricted Shares of Common Stock and Restricted Stock Units
Beginning (in shares) | shares	744,490
Granted (in shares) | shares	70,608
Vested (in shares) | shares	(12,132)
Forfeited (in shares) | shares	(1,681)
Ending (in shares) | shares	801,285
Weighted Average Grant Date Fair Value
Beginning (in dollars per share) | $ / shares	$ 66.34
Granted (in dollars per share) | $ / shares	118.08
Vested (in dollars per share) | $ / shares	65.85
Forfeited (in dollars per share) | $ / shares	64.59
Ending (in dollars per share) | $ / shares	$ 70.29

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2022	Apr. 03, 2021	Jan. 01, 2022
Income Tax Disclosure [Abstract]
Deferred income tax liabilities, net	$ 23,476		$ 25,385
Effective income tax rate percentage	(25.80%)	(24.30%)

Reportable Segments - Narrative

Reportable Segments - Narrative (Details)	3 Months Ended
	Apr. 02, 2022segment
Segment Reporting [Abstract]
Number of reportable segments	3
Number of operating segments	3

Reportable Segments - Summarize

Reportable Segments - Summarized Financial Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2022	Apr. 03, 2021
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	$ 190,154	$ 153,095
Segment income before taxes	11,640	7,237
Amortization expense	8,263	7,968
INF
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	99,963	87,533
BTS
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	60,454	38,605
GEO
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	29,737	26,957
Operating Segments
Segment Reporting, Revenue Reconciling Item [Line Items]
Segment income before taxes	34,166	26,983
Operating Segments | INF
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	99,963	87,533
Segment income before taxes	16,250	16,812
Operating Segments | BTS
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	60,454	38,605
Segment income before taxes	12,812	6,265
Operating Segments | GEO
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	29,737	26,957
Segment income before taxes	5,104	3,906
Corporate
Segment Reporting, Revenue Reconciling Item [Line Items]
Segment income before taxes	$ (22,526)	$ (19,746)

Reportable Segments - Revenue F

Reportable Segments - Revenue From Contracts With Customers by Geographic Location (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2022	Apr. 03, 2021
Revenues from External Customers and Long-Lived Assets [Line Items]
Gross revenues	$ 190,154	$ 153,095
INF
Revenues from External Customers and Long-Lived Assets [Line Items]
Gross revenues	99,963	87,533
BTS
Revenues from External Customers and Long-Lived Assets [Line Items]
Gross revenues	60,454	38,605
GEO
Revenues from External Customers and Long-Lived Assets [Line Items]
Gross revenues	29,737	26,957
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Gross revenues	182,095	149,205
United States | INF
Revenues from External Customers and Long-Lived Assets [Line Items]
Gross revenues	99,963	87,533
United States | BTS
Revenues from External Customers and Long-Lived Assets [Line Items]
Gross revenues	52,917	35,298
United States | GEO
Revenues from External Customers and Long-Lived Assets [Line Items]
Gross revenues	29,215	26,374
Foreign
Revenues from External Customers and Long-Lived Assets [Line Items]
Gross revenues	8,059	3,890
Foreign | INF
Revenues from External Customers and Long-Lived Assets [Line Items]
Gross revenues	0	0
Foreign | BTS
Revenues from External Customers and Long-Lived Assets [Line Items]
Gross revenues	7,537	3,307
Foreign | GEO
Revenues from External Customers and Long-Lived Assets [Line Items]
Gross revenues	$ 522	$ 583

Reportable Segments - Revenue b

Reportable Segments - Revenue by Customer Type (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2022	Apr. 03, 2021
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	$ 190,154	$ 153,095
INF
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	99,963	87,533
BTS
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	60,454	38,605
GEO
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	29,737	26,957
Public and quasi-public sector
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	117,456	106,980
Public and quasi-public sector | INF
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	79,206	68,684
Public and quasi-public sector | BTS
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	15,261	20,323
Public and quasi-public sector | GEO
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	22,989	17,973
Private sector
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	72,698	46,115
Private sector | INF
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	20,757	18,849
Private sector | BTS
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	45,193	18,282
Private sector | GEO
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	$ 6,748	$ 8,984

Reportable Segments - Revenue_2

Reportable Segments - Revenue by Contract Type (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2022	Apr. 03, 2021
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	$ 190,154	$ 153,095
INF
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	99,963	87,533
BTS
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	60,454	38,605
GEO
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	29,737	26,957
Cost-reimbursable contracts
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	164,856	138,983
Cost-reimbursable contracts | INF
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	95,725	83,385
Cost-reimbursable contracts | BTS
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	39,487	28,709
Cost-reimbursable contracts | GEO
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	29,644	26,889
Fixed-unit price contracts
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	25,298	14,112
Fixed-unit price contracts | INF
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	4,238	4,148
Fixed-unit price contracts | BTS
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	20,967	9,896
Fixed-unit price contracts | GEO
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	$ 93	$ 68

Leases - Narrative (Details)

Leases - Narrative (Details)	3 Months Ended
	Apr. 02, 2022renewal_optionlease
Leases [Abstract]
Number of equipment operating leases | lease	6
Office leases initial term	12 months
Number of options to renew | renewal_option	1

Leases - Schedule of Supplement

Leases - Schedule of Supplemental Balance Sheet Information (Details) - USD ($) $ in Thousands	Apr. 02, 2022	Jan. 01, 2022
Assets
Operating lease assets	$ 41,899	$ 44,260
Finance lease assets	2,251	2,197
Total leased assets	44,150	46,457
Current
Operating	(12,830)	(12,897)
Finance	(1,191)	(1,225)
Noncurrent
Operating	(30,940)	(33,169)
Finance	(1,079)	(990)
Total lease liabilities	$ (46,040)	$ (48,281)
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Property and equipment, net	Property and equipment, net
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Accrued liabilities	Accrued liabilities
Finance Lease, Liability, Current, Statement of Financial Position [Extensible List]	Current portion of notes payable and other obligations	Current portion of notes payable and other obligations
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Other long-term liabilities	Other long-term liabilities
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Notes payable and other obligations, less current portion	Notes payable and other obligations, less current portion
Operating right of-use lease assets	$ 31,926	$ 29,257
Financing right of-use lease assets	$ 3,944	$ 3,643

Leases - Schedule of Lease Term

Leases - Schedule of Lease Term and Discount Rate (Details)	Apr. 02, 2022	Jan. 01, 2022
Weighted - Average Remaining Lease Term (Years)
Operating leases	4 years 3 months 18 days	4 years 6 months
Finance leases	1 year 7 months 6 days	1 year 7 months 6 days
Weighted - Average Discount Rate
Operating leases	4.00%	4.00%
Finance leases	7.00%	7.00%

Leases - Schedule of Suppleme_2

Leases - Schedule of Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2022	Apr. 03, 2021
Supplemental Cash Flow Information
Operating cash flows from operating leases	$ 3,442	$ 3,517
Financing cash flows from finance leases	320	255
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$ 202	$ 1,310

Leases - Schedule of Lease Cost

Leases - Schedule of Lease Cost (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2022	Apr. 03, 2021
Leases [Abstract]
Operating lease cost	$ 3,823	$ 3,681
Variable operating lease cost	575	598
Amortization of financing lease assets	323	255
Interest on lease liabilities	36	33
Total lease cost	$ 4,757	$ 4,567

Leases - Schedule of Maturities

Leases - Schedule of Maturities of Lease Liabilities (Details) - USD ($) $ in Thousands	Apr. 02, 2022	Jan. 01, 2022
Operating Leases
Remainder of 2022	$ 10,790
2023	12,286
2024	9,479
2025	6,835
2026	4,243
Thereafter	3,790
Total lease payments	47,423
Less: Interest	(3,653)
Present value of lease liabilities	43,770
Finance Leases
Remainder of 2022	1,001
2023	800
2024	400
2025	198
2026	139
Thereafter	17
Total lease payments	2,555
Less: Interest	(285)
Present value of lease liabilities	$ 2,270	$ 2,215