NV5 Global (NVEE) 10-Q 10 Aug 23 2023 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jul. 01, 2023	Aug. 04, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jul. 01, 2023
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		15,890,254
Entity Central Index Key	0001532961
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Amendment Flag	false
Current Fiscal Year End Date	--12-30

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jul. 01, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 28,827	$ 38,541
Billed receivables, net	149,110	145,637
Unbilled receivables, net	107,192	92,862
Prepaid expenses and other current assets	20,501	13,636
Total current assets	305,630	290,676
Property and equipment, net	49,392	41,640
Right-of-use lease assets, net	38,628	39,314
Intangible assets, net	243,579	160,431
Goodwill	526,848	400,957
Other assets	3,751	2,705
Total assets	1,167,828	935,723
Current liabilities:
Accounts payable	55,578	57,771
Accrued liabilities	52,735	44,313
Billings in excess of costs and estimated earnings on uncompleted contracts	37,195	31,183
Other current liabilities	2,072	1,597
Current portion of contingent consideration	4,149	10,854
Current portion of notes payable and other obligations	14,800	15,176
Total current liabilities	166,529	160,894
Contingent consideration, less current portion	1,897	4,481
Other long-term liabilities	28,526	29,542
Notes payable and other obligations, less current portion	209,241	39,673
Deferred income tax liabilities, net	20,487	6,893
Total liabilities	426,680	241,483
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, 15,890,908 and 15,523,300 shares issued and outstanding as of July 1, 2023 and December 31, 2022, respectively	159	155
Additional paid-in capital	497,035	471,300
Accumulated other comprehensive income (loss)	(191)	0
Retained earnings	244,145	222,785
Total stockholders’ equity	741,148	694,240
Total liabilities and stockholders’ equity	$ 1,167,828	$ 935,723

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - $ / shares	Jul. 01, 2023	Dec. 31, 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)	15,890,908	15,523,300
Common stock, shares outstanding (in shares)	15,890,908	15,523,300

CONSOLIDATED STATEMENTS OF NET

CONSOLIDATED STATEMENTS OF NET INCOME AND COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 01, 2023	Jul. 02, 2022	Jul. 01, 2023	Jul. 02, 2022
Income Statement [Abstract]
Gross revenues	$ 222,638	$ 202,732	$ 406,955	$ 392,885
Direct costs:
Salaries and wages	57,079	47,704	105,463	93,681
Sub-consultant services	39,690	40,479	67,304	75,305
Other direct costs	15,569	15,309	27,890	30,833
Total direct costs	112,338	103,492	200,657	199,819
Gross profit	110,300	99,240	206,298	193,066
Operating expenses:
Salaries and wages, payroll taxes, and benefits	58,949	47,283	111,621	97,049
General and administrative	11,551	14,494	29,472	30,881
Facilities and facilities related	5,823	5,195	11,197	10,381
Depreciation and amortization	13,539	9,668	24,585	19,602
Total operating expenses	89,862	76,640	176,875	157,913
Income from operations	20,438	22,600	29,423	35,153
Interest expense	(3,648)	(887)	(5,229)	(1,801)
Income before income tax expense	16,790	21,713	24,194	33,352
Income tax expense	(1,377)	(4,445)	(2,834)	(7,442)
Net income	$ 15,413	$ 17,268	$ 21,360	$ 25,910
Earnings per share:
Basic (in dollars per share)	$ 1.03	$ 1.17	$ 1.43	$ 1.76
Diluted (in dollars per share)	$ 1	$ 1.13	$ 1.39	$ 1.70
Weighted average common shares outstanding:
Basic (in shares)	15,014,106	14,736,167	14,948,796	14,714,745
Diluted (in shares)	15,451,788	15,232,157	15,421,535	15,211,835
Comprehensive income:
Net income	$ 15,413	$ 17,268	$ 21,360	$ 25,910
Foreign currency translation losses, net of tax	(191)	0	(191)	0
Comprehensive income	$ 15,222	$ 17,268	$ 21,169	$ 25,910

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Income (Loss)	Retained Earnings
Beginning balance (in shares) at Jan. 01, 2022		15,414,005
Beginning balance at Jan. 01, 2022	$ 624,720	$ 154	$ 451,754	$ 0	$ 172,812
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation	8,961		8,961
Restricted stock issuance, net (in shares)		110,610
Restricted stock issuance, net	0	$ 1	(1)
Net income	25,910			0	25,910
Stock issuance for acquisitions (in shares)		12,519
Stock issuance for acquisitions	1,352		1,352
Reclassification of liability-classified awards to equity-classified awards	0
Ending balance (in shares) at Jul. 02, 2022		15,537,134
Ending balance at Jul. 02, 2022	660,943	$ 155	462,066	0	198,722
Beginning balance (in shares) at Apr. 02, 2022		15,495,451
Beginning balance at Apr. 02, 2022	639,503	$ 155	457,894	0	181,454
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation	4,172		4,172
Restricted stock issuance, net (in shares)		41,683
Restricted stock issuance, net	0	$ 0	0
Net income	17,268				17,268
Ending balance (in shares) at Jul. 02, 2022		15,537,134
Ending balance at Jul. 02, 2022	660,943	$ 155	462,066	0	198,722
Beginning balance (in shares) at Dec. 31, 2022		15,523,300
Beginning balance at Dec. 31, 2022	694,240	$ 155	471,300		222,785
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation	9,571		9,571
Restricted stock issuance, net (in shares)		246,263
Restricted stock issuance, net	0	$ 3	(3)
Net income	21,360				21,360
Stock issuance for acquisitions (in shares)		121,345
Stock issuance for acquisitions	14,471		14,470
Reclassification of liability-classified awards to equity-classified awards	1,697		1,697
Other comprehensive income (loss)	(191)			(191)
Ending balance (in shares) at Jul. 01, 2023		15,890,908
Ending balance at Jul. 01, 2023	741,148	$ 159	497,035	(191)	244,145
Beginning balance (in shares) at Apr. 01, 2023		15,708,193
Beginning balance at Apr. 01, 2023	719,870	$ 157	490,981	0	228,732
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation	4,359		4,359
Restricted stock issuance, net (in shares)		182,715
Restricted stock issuance, net	0	$ 2	(2)
Net income	15,413			0	15,413
Reclassification of liability-classified awards to equity-classified awards	1,697		1,697
Other comprehensive income (loss)	(191)			(191)
Ending balance (in shares) at Jul. 01, 2023		15,890,908
Ending balance at Jul. 01, 2023	$ 741,148	$ 159	$ 497,035	$ (191)	$ 244,145

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jul. 01, 2023	Jul. 02, 2022
Cash flows from operating activities:
Net income	$ 21,360	$ 25,910
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	27,205	22,058
Non-cash lease expense	6,784	6,265
Provision for doubtful accounts	607	594
Stock-based compensation	10,728	9,615
Change in fair value of contingent consideration	(7,514)	(518)
Gain on disposals of property and equipment	(408)	(61)
Deferred income taxes	(7,673)	(3,014)
Amortization of debt issuance costs	365	370
Changes in operating assets and liabilities, net of impact of acquisitions:
Billed receivables	10,882	15,152
Unbilled receivables	(9,842)	(3,801)
Prepaid expenses and other assets	(4,691)	(511)
Accounts payable	(8,164)	(4,349)
Accrued liabilities and other long-term liabilities	(5,698)	(6,309)
Billings in excess of costs and estimated earnings on uncompleted contracts	(7,606)	(6,867)
Contingent consideration	(1,307)	0
Other current liabilities	474	(276)
Net cash provided by operating activities	25,502	54,258
Cash flows from investing activities:
Cash paid for acquisitions (net of cash received from acquisitions)	(186,242)	(4,670)
Proceeds from sale of assets	295	48
Purchase of property and equipment	(10,239)	(10,379)
Net cash used in investing activities	(196,186)	(15,001)
Cash flows from financing activities:
Borrowings from Senior Credit Facility	180,000	0
Payments on notes payable	(5,131)	(6,218)
Payments of contingent consideration	(793)	(1,597)
Payments of borrowings from Senior Credit Facility	(13,000)	(35,000)
Net cash provided by (used in) financing activities	161,076	(42,815)
Effect of exchange rate changes on cash and cash equivalents	(106)	0
Net decrease in cash and cash equivalents	(9,714)	(3,558)
Cash and cash equivalents – beginning of period	38,541	47,980
Cash and cash equivalents – end of period	28,827	44,422
Non-cash investing and financing activities:
Contingent consideration (earn-out)	325	6,579
Notes payable and other obligations issued for acquisitions	7,404	2,933
Stock issuance for acquisitions	14,471	1,352
Reclassification of liability-classified awards to equity-classified awards	1,697	0
Finance leases	$ 232	$ 644

Organization and Nature of Busi

Organization and Nature of Business Operations	6 Months Ended
	Jul. 01, 2023
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, environmental, and geospatial 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 ● Construction quality assurance ● 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.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jul. 01, 2023
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 December 31, 2022 (the “2022 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 2023 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 July 1, 2023, the Company had $821,052 of remaining performance obligations, of which $676,038 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 and six months ended July 1, 2023 the Company performed services and recognized $6,616 and $25,046, respectively, of revenue related to its contract liabilities that existed as of December 31, 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 applies 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. Subjective and complex judgments are required 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, 2022, 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, 2022. Furthermore, there were no indicators, events or changes in circumstances that would indicate goodwill was impaired during the period from August 2, 2022 through July 1, 2023. 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 six months ended July 1, 2023. See Note 8, Goodwill and Intangible Assets , for further information on goodwill and identified intangibles.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
	Jul. 01, 2023
Accounting Standards Update and Change in Accounting Principle [Abstract]
Recent Accounting Pronouncements	Recent Accounting PronouncementsNone

Earnings per Share

Earnings per Share	6 Months Ended
	Jul. 01, 2023
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 six months ended July 1, 2023 and July 2, 2022 exclude 688,377 and 739,919 non-vested restricted shares, respectively. During the three and six months ended July 1, 2023, there were 111,584 and 41,536 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. During the three and six months ended July 2, 2022, there were 20,854 and 25,653 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 Six Months Ended July 1, 2023 July 2, 2022 July 1, 2023 July 2, 2022 Numerator: Net income – basic and diluted $ 15,413 $ 17,268 $ 21,360 $ 25,910 Denominator: Basic weighted average shares outstanding 15,014,106 14,736,167 14,948,796 14,714,745 Effect of dilutive non-vested restricted shares and units 413,856 481,815 447,546 481,379 Effect of issuable shares related to acquisitions 23,826 14,175 25,193 15,711 Diluted weighted average shares outstanding 15,451,788 15,232,157 15,421,535 15,211,835

Business Acquisitions

Business Acquisitions	6 Months Ended
	Jul. 01, 2023
Business Combination and Asset Acquisition [Abstract]
Business Acquisitions	Business Acquisitions 2023 Acquisitions On April 6, 2023, the Company acquired all of the outstanding equity interests in the Visual Information Solutions commercial geospatial technology and software business ("VIS") from L3Harris. VIS is a provider of subscription-based software solutions for the analysis and management of software applications and Analytics as a Service (AaaS) solutions. The Company acquired VIS for a cash purchase price of $75,682. The purchase price and other related costs associated with the transaction were financed through the Company's amended and restated credit agreement (the "Second A&R Credit Agreement") with Bank of America, N.A. and other lenders party thereto. See Note 10, Notes Payable and Other Obligations , for further detail on the Second A&R Credit Agreement. 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 acquisition 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 relevant acquisition date, including intangible assets, accounts receivable, certain fixed assets, and the fair value of other assets and liabilities acquired. On February 22, 2023, the Company acquired all of the outstanding equity interests in Continental Mapping Acquisition Corp. and Continental Mapping Holdings, LLC and its subsidiaries, including Axim Geospatial, LLC (collectively "Axim"), a provider of comprehensive geospatial services and solutions addressing critical mission requirements for customers across the defense and intelligence and state and local government sectors. The aggregate purchase price of the acquisition was $141,010, including $120,106 in cash, a $7,404 promissory note, and $13,500 of the Company's common stock. The purchase price and other related costs associated with the transaction were financed through the Company's Second A&R Credit Agreement with Bank of America, N.A. and other lenders party thereto. See Note 10, Notes Payable and Other Obligations , for further detail on the Second A&R Credit Agreement. 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 acquisition 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 relevant acquisition date, including intangible assets, accounts receivable, certain fixed assets, and the fair value of other assets and liabilities acquired. The Company has completed three other acquisitions during 2023. The aggregate purchase price for the three acquisitions was $3,315, including $2,900 in cash, $90 of the Company's common stock, and a potential earn-out of up to $340 payable in cash, which has been recorded at an estimated fair value of $325. A probability-weighted approach was used to determine the fair value of the earn-out, which is a generally accepted valuation technique that embodies all significant assumption types. 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 2023 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 relevant acquisition date, including intangible assets and accounts receivable. 2022 Acquisitions The Company completed five acquisitions during 2022. The aggregate purchase price of all five acquisitions was $14,220, including $5,882 of cash, $1,606 of promissory notes, $433 of the Company's common stock, and potential earn-outs of up to $15,850 payable in cash and stock, which was recorded at an estimated fair value of $6,299. 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 2022 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. Purchase price allocation adjustments recorded during 2023 were immaterial. 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 six months ended July 1, 2023 and the fiscal year ended December 31, 2022: 2023 2022 VIS Axim Other Total Total Cash $ 7,027 $ 5,419 $ — $ 12,446 $ — Billed and unbilled receivables, net 5,042 13,937 487 19,466 1,794 Right-of-use assets 2,113 1,622 189 3,924 632 Property and equipment 118 2,870 — 2,988 1,510 Prepaid expenses 1,505 1,543 17 3,065 — Other assets — 155 — 155 — Intangible assets: Customer relationships 33,394 52,206 859 86,459 3,606 Trade name 2,958 2,266 33 5,257 268 Customer backlog 868 3,920 186 4,974 459 Developed technology 4,222 1,942 — 6,164 — Non-compete 25 580 93 698 298 Total Assets $ 57,272 $ 86,460 $ 1,864 $ 145,596 $ 8,567 Liabilities (16,439) (13,668) (188) (30,295) (5,623) Deferred tax liabilities (7,105) (14,223) — (21,328) — Net assets acquired $ 33,728 $ 58,569 $ 1,676 $ 93,973 $ 2,944 Consideration paid (Cash, Notes and/or stock) $ 75,682 $ 141,010 $ 2,990 $ 219,682 $ 7,921 Contingent earn-out liability (Cash and stock) — — 325 325 6,299 Total Consideration $ 75,682 $ 141,010 $ 3,315 $ 220,007 $ 14,220 Excess consideration over the amounts assigned to the net assets acquired (Goodwill) $ 41,954 $ 82,441 $ 1,639 $ 126,034 $ 11,276 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 and six months ended July 1, 2023. The revenue and earnings of the fiscal 2022 acquisitions included in the Company's results since the acquisition dates are not material to the Company's consolidated financial statements and have not been presented. Three Months Ended Six Months Ended July 1, 2023 July 1, 2023 Gross revenues $ 29,589 $ 37,064 Income before income taxes $ 4,904 $ 5,631 General and administrative expenses for the three and six months ended July 1, 2023 and July 2, 2022 include acquisition-related costs pertaining to the Company's acquisition activities. Acquisition-related costs were not material to the Company's consolidated financial statements. The following table presents the unaudited, pro forma consolidated results of operations (in thousands, except per share amounts) for the three and six months ended July 1, 2023 and July 2, 2022 as if the fiscal 2023 and 2022 acquisitions had occurred at the beginning of fiscal year 2022. The pro forma information provided below is compiled from 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 2022 or (ii) future results of operations: Three Months Ended Six Months Ended July 1, 2023 July 2, 2022 July 1, 2023 July 2, 2022 Gross revenues $ 223,036 $ 231,351 $ 429,754 $ 450,204 Net income $ 15,374 $ 16,998 $ 20,581 $ 25,363 Basic earnings per share $ 1.02 $ 1.14 $ 1.38 $ 1.71 Diluted earnings per share $ 0.99 $ 1.11 $ 1.33 $ 1.65 Adjustments were made to the pro forma results to adjust amortization of intangible assets to reflect fair value of identified assets acquired, to record the effects of financing from the Company's Senior Credit Facility, to record the effects of promissory notes issued, and to record the income tax effect of these adjustments.

Billed and Unbilled Receivables

Billed and Unbilled Receivables	6 Months Ended
	Jul. 01, 2023
Receivables [Abstract]
Billed and Unbilled Receivables	Billed and Unbilled Receivables Billed and unbilled receivables consists of the following: July 1, 2023 December 31, 2022 Billed receivables $ 152,530 $ 149,082 Less: allowance for doubtful accounts (3,420) (3,445) Billed receivables, net $ 149,110 $ 145,637 Unbilled receivables $ 109,463 $ 95,104 Less: allowance for doubtful accounts (2,271) (2,242) Unbilled receivables, net $ 107,192 $ 92,862

Property and Equipment, net

Property and Equipment, net	6 Months Ended
	Jul. 01, 2023
Property, Plant and Equipment [Abstract]
Property and Equipment, net	Property and Equipment, net Property and equipment, net, consists of the following: July 1, 2023 December 31, 2022 Office furniture and equipment $ 3,346 $ 3,421 Computer equipment 29,820 25,816 Survey and field equipment 57,126 49,985 Leasehold improvements 6,828 6,546 Total 97,120 85,768 Less: accumulated depreciation (47,728) (44,128) Property and equipment, net $ 49,392 $ 41,640

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Jul. 01, 2023
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 six months ended July 1, 2023 were as follows: Six Months Ended December 31, 2022 2023 Acquisitions Adjustments Foreign Currency Translation of non-USD functional currency goodwill July 1, 2023 INF $ 90,932 $ 726 $ — $ — $ 91,658 BTS 111,838 913 13 — 112,764 GEO 198,187 124,395 (10) (146) 322,426 Total $ 400,957 $ 126,034 $ 3 $ (146) $ 526,848 Goodwill of $1,225 from acquisitions completed during the six months ended July 1, 2023 is expected to be deductible for income tax purposes. Intangible Assets Intangible assets, net, as of July 1, 2023 and December 31, 2022 consist of the following: July 1, 2023 December 31, 2022 Gross Accumulated Amortization Net Gross Accumulated Amortization Net Finite-lived intangible assets: Customer relationships (1) $ 309,452 $ (100,697) $ 208,755 $ 222,998 $ (87,054) $ 135,944 Trade name (2) 22,140 (16,996) 5,144 16,883 (15,933) 950 Customer backlog (3) 34,391 (29,711) 4,680 29,419 (27,333) 2,086 Non-compete (4) 14,826 (11,995) 2,831 14,110 (11,298) 2,812 Developed technology (5) 39,108 (16,939) 22,169 32,944 (14,305) 18,639 Total finite-lived intangible assets $ 419,917 $ (176,338) $ 243,579 $ 316,354 $ (155,923) $ 160,431 (1) Amortized on a straight-line basis over estimated lives (1 to 17 years) (2) Amortized on a straight-line basis over their estimated lives (1 to 5 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 (1 to 5 years) (5) Amortized on a straight-line basis over their estimated lives (5 to 10 years) The identifiable intangible assets acquired during the six months ended July 1, 2023 consist of customer relationships, trade name, customer backlog, non-compete, and developed technology with weighted average lives of 12.5 years, 3.7 years, 1.2 years, 3.6 years, and 6.6 years. respectively. Amortization expense was $11,300 and $20,334 during the three and six months ended July 1, 2023, respectively, and $8,056 and $16,319 during the three and six months ended July 2, 2022, respectively.

Accrued Liabilities

Accrued Liabilities	6 Months Ended
	Jul. 01, 2023
Payables and Accruals [Abstract]
Accrued Liabilities	Accrued Liabilities Accrued liabilities consist of the following: July 1, 2023 December 31, 2022 Current portion of lease liability $ 14,238 $ 13,081 Accrued vacation 15,083 12,467 Payroll and related taxes 8,612 6,616 Benefits 4,478 5,160 Accrued operating expenses 7,090 4,540 Other 3,234 2,449 Total $ 52,735 $ 44,313

Notes Payable and Other Obligat

Notes Payable and Other Obligations	6 Months Ended
	Jul. 01, 2023
Payables and Accruals [Abstract]
Notes Payable and Other Obligations	Notes Payable and Other Obligations Notes payable and other obligations consists of the following: July 1, 2023 December 31, 2022 Senior credit facility $ 200,750 $ 33,750 Uncollateralized promissory notes 21,665 18,492 Finance leases 3,001 3,465 Other obligations 933 1,814 Debt issuance costs, net of amortization (2,308) (2,672) Total notes payable and other obligations 224,041 54,849 Current portion of notes payable and other obligations 14,800 15,176 Notes payable and other obligations, less current portion $ 209,241 $ 39,673 As of July 1, 2023 and December 31, 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 July 1, 2023 and December 31, 2022, the outstanding balance on the Second A&R Credit Agreement was $200,750 and $33,750, respectively. The Company's Second A&R Credit Agreement provides for the replacement of LIBOR (London Interbank Offered Rate), which prior to April 1, 2023, was transitioned to SOFR (Secured Overnight Funding Rate), subject to the completion of the relevant existing interest period ("LIBOR Transition"). 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 or, from and after the LIBOR Transition, either Term SOFR or Daily Simple SOFR, plus in each case 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 July 1, 2023, the Company's interest rate was 6.5%. 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 July 1, 2023, 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 $171 and $365 during the three and six months ended July 1, 2023, respectively, and $185 and $370 during the three and six months ended July 2, 2022, respectively. Other Obligations

Contingent Consideration

Contingent Consideration	6 Months Ended
	Jul. 01, 2023
Commitments and Contingencies Disclosure [Abstract]
Contingent Consideration	Contingent Consideration The following table summarizes the changes in the carrying value of estimated contingent consideration: July 1, 2023 December 31, 2022 Contingent consideration, beginning of the year $ 15,335 $ 8,328 Additions for acquisitions 325 6,299 Reduction of liability for payments made (2,100) (2,264) (Decrease) increase of liability related to re-measurement of fair value (7,514) 2,972 Total contingent consideration, end of the period 6,046 15,335 Current portion of contingent consideration 4,149 10,854 Contingent consideration, less current portion $ 1,897 $ 4,481

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jul. 01, 2023
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.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jul. 01, 2023
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation	Stock-Based Compensation In October 2011, the Company's stockholders approved the NV5 Global, Inc. 2011 Equity Incentive Plan, which was subsequently amended and restated in March 2013 (as amended, the “2011 Equity Plan”). The 2011 Equity Incentive Plan expired pursuant to its terms in March 2023, accordingly no further grants were made following the date of such expiration. Prior to such expiration, the Company's Board adopted the NV5 Global, Inc. 2023 Equity Incentive Plan (the "2023 Equity Plan") to replace the 2011 Equity Plan, subject to stockholder approval. On June 13, 2023, the Company's stockholders approved the 2023 Equity Plan. The 2023 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 July 1, 2023, 2,145,774 shares of common stock are authorized, reserved, and registered for issuance under the 2023 Equity Plan. The restricted shares of common stock granted generally provide for service-based cliff vesting after two The following summarizes the activity of restricted stock awards during the six months ended July 1, 2023: Number of Unvested Restricted Shares of Common Stock and Restricted Stock Units Weighted Average December 31, 2022 713,793 $ 81.25 Granted 264,434 $ 107.12 Vested (202,453) $ 47.00 Forfeited (18,171) $ 87.75 July 1, 2023 757,603 $ 99.26

Income Taxes

Income Taxes	6 Months Ended
	Jul. 01, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes As of July 1, 2023 and December 31, 2022, the Company had net deferred income tax liabilities of $20,487 and $6,893, 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 8.2% and 11.7% during the three and six months ended July 1, 2023, respectively, and 20.5% and 22.3% during the three and six months ended July 2, 2022, respectively. The difference between the effective income tax rate and the combined statutory federal and state income tax rate was primarily due to the recognition of excess tax benefits from stock-based payments in the second quarter of 2023 and 2022 and 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 2019 through 2022 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	6 Months Ended
	Jul. 01, 2023
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 practices; Building, Technology & Sciences ("BTS"), which includes the Company's environmental health sciences, clean energy consulting, 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 Six Months Ended July 1, 2023 July 2, 2022 July 1, 2023 July 2, 2022 Gross revenues INF $ 96,728 $ 102,639 $ 184,938 $ 202,600 BTS 54,032 61,331 106,878 121,785 GEO 71,878 38,762 115,139 68,500 Total gross revenues $ 222,638 $ 202,732 $ 406,955 $ 392,885 Segment income before taxes INF $ 16,745 $ 19,206 $ 33,726 $ 35,457 BTS 8,113 12,622 16,531 25,435 GEO 14,814 11,034 21,835 16,138 Total Segment income before taxes 39,672 42,862 72,092 77,030 Corporate (1) (22,882) (21,149) (47,898) (43,678) Total income before taxes $ 16,790 $ 21,713 $ 24,194 $ 33,352 (1) Includes amortization of intangibles of $11,300 and $20,334 for the three and six months ended July 1, 2023, respectively, and $8,056 and $16,319 during the three and six months ended July 2, 2022, 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 July 1, 2023 Six Months Ended July 1, 2023 INF BTS GEO Total INF BTS GEO Total United States $ 96,728 $ 46,560 $ 68,218 $ 211,506 $ 184,938 $ 90,946 $ 110,442 $ 386,326 Foreign — 7,472 3,660 11,132 — 15,932 4,697 20,629 Total gross revenues $ 96,728 $ 54,032 $ 71,878 $ 222,638 $ 184,938 $ 106,878 $ 115,139 $ 406,955 Three Months Ended July 2, 2022 Six Months Ended July 2, 2022 INF BTS GEO Total INF BTS GEO Total United States $ 102,639 $ 54,603 $ 38,245 $ 195,487 $ 202,600 $ 107,521 $ 67,462 $ 377,583 Foreign — 6,728 517 7,245 — 14,264 1,038 15,302 Total gross revenues $ 102,639 $ 61,331 $ 38,762 $ 202,732 $ 202,600 $ 121,785 $ 68,500 $ 392,885 Gross revenue by customer were as follows: Three Months Ended July 1, 2023 Six Months Ended July 1, 2023 INF BTS GEO Total INF BTS GEO Total Public and quasi-public sector $ 77,332 $ 15,998 $ 61,641 $ 154,971 $ 147,062 $ 33,945 $ 97,409 $ 278,416 Private sector 19,396 38,034 10,237 67,667 37,876 72,933 17,730 128,539 Total gross revenues $ 96,728 $ 54,032 $ 71,878 $ 222,638 $ 184,938 $ 106,878 $ 115,139 $ 406,955 Three Months Ended July 2, 2022 Six Months Ended July 2, 2022 INF BTS GEO Total INF BTS GEO Total Public and quasi-public sector $ 80,054 $ 15,635 $ 31,644 $ 127,333 $ 159,258 $ 30,896 $ 54,634 $ 244,788 Private sector 22,585 45,696 7,118 75,399 43,342 90,889 13,866 148,097 Total gross revenues $ 102,639 $ 61,331 $ 38,762 $ 202,732 $ 202,600 $ 121,785 $ 68,500 $ 392,885 Gross revenues by contract type were as follows: Three Months Ended July 1, 2023 Six Months Ended July 1, 2023 INF BTS GEO Total INF BTS GEO Total Cost-reimbursable contracts $ 93,185 $ 38,670 $ 70,274 $ 202,129 $ 177,042 $ 79,294 $ 113,501 $ 369,837 Fixed-unit price contracts 3,543 15,362 1,604 20,509 7,896 27,584 1,638 37,118 Total gross revenues $ 96,728 $ 54,032 $ 71,878 $ 222,638 $ 184,938 $ 106,878 $ 115,139 $ 406,955 Three Months Ended July 2, 2022 Six Months Ended July 2, 2022 INF BTS GEO Total INF BTS GEO Total Cost-reimbursable contracts $ 98,604 $ 39,006 $ 38,638 $ 176,248 $ 194,326 $ 78,492 $ 68,283 $ 341,101 Fixed-unit price contracts 4,035 22,325 124 26,484 8,274 43,293 217 51,784 Total gross revenues $ 102,639 $ 61,331 $ 38,762 $ 202,732 $ 202,600 $ 121,785 $ 68,500 $ 392,885

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jul. 01, 2023
Equity [Abstract]
Stockholders' Equity	Stockholders' Equity Accumulated Other Comprehensive Income (Loss) The Company's accumulated other comprehensive income (loss) consists of foreign currency translation adjustments related to the Company's foreign operations with functional currency other than the U.S. dollar. The after-tax changes in accumulated other comprehensive income (loss) by component were as follows: Accumulated Other Comprehensive Income (Loss) Foreign currency translation adjustments balance, December 31, 2022 $ — Other comprehensive income (loss) (191) Foreign currency translation adjustments balance, July 1, 2023 $ (191)

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jul. 01, 2023
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. 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 December 31, 2022 (the “2022 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 2023 fiscal year.
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 July 1, 2023, the Company had $821,052 of remaining performance obligations, of which $676,038 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 applies 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. Subjective and complex judgments are required 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.
Recent Accounting Pronouncements	Recent Accounting PronouncementsNone

Earnings per Share (Tables)

Earnings per Share (Tables)	6 Months Ended
	Jul. 01, 2023
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 Six Months Ended July 1, 2023 July 2, 2022 July 1, 2023 July 2, 2022 Numerator: Net income – basic and diluted $ 15,413 $ 17,268 $ 21,360 $ 25,910 Denominator: Basic weighted average shares outstanding 15,014,106 14,736,167 14,948,796 14,714,745 Effect of dilutive non-vested restricted shares and units 413,856 481,815 447,546 481,379 Effect of issuable shares related to acquisitions 23,826 14,175 25,193 15,711 Diluted weighted average shares outstanding 15,451,788 15,232,157 15,421,535 15,211,835

Business Acquisitions (Tables)

Business Acquisitions (Tables)	6 Months Ended
	Jul. 01, 2023
Business Combination and Asset Acquisition [Abstract]
Schedule 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 six months ended July 1, 2023 and the fiscal year ended December 31, 2022: 2023 2022 VIS Axim Other Total Total Cash $ 7,027 $ 5,419 $ — $ 12,446 $ — Billed and unbilled receivables, net 5,042 13,937 487 19,466 1,794 Right-of-use assets 2,113 1,622 189 3,924 632 Property and equipment 118 2,870 — 2,988 1,510 Prepaid expenses 1,505 1,543 17 3,065 — Other assets — 155 — 155 — Intangible assets: Customer relationships 33,394 52,206 859 86,459 3,606 Trade name 2,958 2,266 33 5,257 268 Customer backlog 868 3,920 186 4,974 459 Developed technology 4,222 1,942 — 6,164 — Non-compete 25 580 93 698 298 Total Assets $ 57,272 $ 86,460 $ 1,864 $ 145,596 $ 8,567 Liabilities (16,439) (13,668) (188) (30,295) (5,623) Deferred tax liabilities (7,105) (14,223) — (21,328) — Net assets acquired $ 33,728 $ 58,569 $ 1,676 $ 93,973 $ 2,944 Consideration paid (Cash, Notes and/or stock) $ 75,682 $ 141,010 $ 2,990 $ 219,682 $ 7,921 Contingent earn-out liability (Cash and stock) — — 325 325 6,299 Total Consideration $ 75,682 $ 141,010 $ 3,315 $ 220,007 $ 14,220 Excess consideration over the amounts assigned to the net assets acquired (Goodwill) $ 41,954 $ 82,441 $ 1,639 $ 126,034 $ 11,276
Schedule Of 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 and six months ended July 1, 2023. The revenue and earnings of the fiscal 2022 acquisitions included in the Company's results since the acquisition dates are not material to the Company's consolidated financial statements and have not been presented. Three Months Ended Six Months Ended July 1, 2023 July 1, 2023 Gross revenues $ 29,589 $ 37,064 Income before income taxes $ 4,904 $ 5,631 Three Months Ended Six Months Ended July 1, 2023 July 2, 2022 July 1, 2023 July 2, 2022 Gross revenues $ 223,036 $ 231,351 $ 429,754 $ 450,204 Net income $ 15,374 $ 16,998 $ 20,581 $ 25,363 Basic earnings per share $ 1.02 $ 1.14 $ 1.38 $ 1.71 Diluted earnings per share $ 0.99 $ 1.11 $ 1.33 $ 1.65

Billed and Unbilled Receivabl_2

Billed and Unbilled Receivables (Tables)	6 Months Ended
	Jul. 01, 2023
Receivables [Abstract]
Schedule Of Accounts, Notes, Loans And Financing Receivable	Billed and unbilled receivables consists of the following: July 1, 2023 December 31, 2022 Billed receivables $ 152,530 $ 149,082 Less: allowance for doubtful accounts (3,420) (3,445) Billed receivables, net $ 149,110 $ 145,637 Unbilled receivables $ 109,463 $ 95,104 Less: allowance for doubtful accounts (2,271) (2,242) Unbilled receivables, net $ 107,192 $ 92,862

Property and Equipment, net (Ta

Property and Equipment, net (Tables)	6 Months Ended
	Jul. 01, 2023
Property, Plant and Equipment [Abstract]
Schedule Of Property And Equipment	Property and equipment, net, consists of the following: July 1, 2023 December 31, 2022 Office furniture and equipment $ 3,346 $ 3,421 Computer equipment 29,820 25,816 Survey and field equipment 57,126 49,985 Leasehold improvements 6,828 6,546 Total 97,120 85,768 Less: accumulated depreciation (47,728) (44,128) Property and equipment, net $ 49,392 $ 41,640

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jul. 01, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule Of Goodwill	The changes in the carrying value by reportable segment for the six months ended July 1, 2023 were as follows: Six Months Ended December 31, 2022 2023 Acquisitions Adjustments Foreign Currency Translation of non-USD functional currency goodwill July 1, 2023 INF $ 90,932 $ 726 $ — $ — $ 91,658 BTS 111,838 913 13 — 112,764 GEO 198,187 124,395 (10) (146) 322,426 Total $ 400,957 $ 126,034 $ 3 $ (146) $ 526,848
Schedule Of Finite-lived Intangible Assets	Intangible assets, net, as of July 1, 2023 and December 31, 2022 consist of the following: July 1, 2023 December 31, 2022 Gross Accumulated Amortization Net Gross Accumulated Amortization Net Finite-lived intangible assets: Customer relationships (1) $ 309,452 $ (100,697) $ 208,755 $ 222,998 $ (87,054) $ 135,944 Trade name (2) 22,140 (16,996) 5,144 16,883 (15,933) 950 Customer backlog (3) 34,391 (29,711) 4,680 29,419 (27,333) 2,086 Non-compete (4) 14,826 (11,995) 2,831 14,110 (11,298) 2,812 Developed technology (5) 39,108 (16,939) 22,169 32,944 (14,305) 18,639 Total finite-lived intangible assets $ 419,917 $ (176,338) $ 243,579 $ 316,354 $ (155,923) $ 160,431 (1) Amortized on a straight-line basis over estimated lives (1 to 17 years) (2) Amortized on a straight-line basis over their estimated lives (1 to 5 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 (1 to 5 years) (5) Amortized on a straight-line basis over their estimated lives (5 to 10 years)

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	6 Months Ended
	Jul. 01, 2023
Payables and Accruals [Abstract]
Schedule Of Accrued Liabilities	Accrued liabilities consist of the following: July 1, 2023 December 31, 2022 Current portion of lease liability $ 14,238 $ 13,081 Accrued vacation 15,083 12,467 Payroll and related taxes 8,612 6,616 Benefits 4,478 5,160 Accrued operating expenses 7,090 4,540 Other 3,234 2,449 Total $ 52,735 $ 44,313

Notes Payable and Other Oblig_2

Notes Payable and Other Obligations (Tables)	6 Months Ended
	Jul. 01, 2023
Payables and Accruals [Abstract]
Schedule Of Notes Payable And Other Obligations	Notes payable and other obligations consists of the following: July 1, 2023 December 31, 2022 Senior credit facility $ 200,750 $ 33,750 Uncollateralized promissory notes 21,665 18,492 Finance leases 3,001 3,465 Other obligations 933 1,814 Debt issuance costs, net of amortization (2,308) (2,672) Total notes payable and other obligations 224,041 54,849 Current portion of notes payable and other obligations 14,800 15,176 Notes payable and other obligations, less current portion $ 209,241 $ 39,673

Contingent Consideration (Table

Contingent Consideration (Tables)	6 Months Ended
	Jul. 01, 2023
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: July 1, 2023 December 31, 2022 Contingent consideration, beginning of the year $ 15,335 $ 8,328 Additions for acquisitions 325 6,299 Reduction of liability for payments made (2,100) (2,264) (Decrease) increase of liability related to re-measurement of fair value (7,514) 2,972 Total contingent consideration, end of the period 6,046 15,335 Current portion of contingent consideration 4,149 10,854 Contingent consideration, less current portion $ 1,897 $ 4,481

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jul. 01, 2023
Share-Based Payment Arrangement [Abstract]
Share-based Payment Arrangement, Restricted Stock Unit, Activity	The following summarizes the activity of restricted stock awards during the six months ended July 1, 2023: Number of Unvested Restricted Shares of Common Stock and Restricted Stock Units Weighted Average December 31, 2022 713,793 $ 81.25 Granted 264,434 $ 107.12 Vested (202,453) $ 47.00 Forfeited (18,171) $ 87.75 July 1, 2023 757,603 $ 99.26

Reportable Segments (Tables)

Reportable Segments (Tables)	6 Months Ended
	Jul. 01, 2023
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 Six Months Ended July 1, 2023 July 2, 2022 July 1, 2023 July 2, 2022 Gross revenues INF $ 96,728 $ 102,639 $ 184,938 $ 202,600 BTS 54,032 61,331 106,878 121,785 GEO 71,878 38,762 115,139 68,500 Total gross revenues $ 222,638 $ 202,732 $ 406,955 $ 392,885 Segment income before taxes INF $ 16,745 $ 19,206 $ 33,726 $ 35,457 BTS 8,113 12,622 16,531 25,435 GEO 14,814 11,034 21,835 16,138 Total Segment income before taxes 39,672 42,862 72,092 77,030 Corporate (1) (22,882) (21,149) (47,898) (43,678) Total income before taxes $ 16,790 $ 21,713 $ 24,194 $ 33,352 (1) Includes amortization of intangibles of $11,300 and $20,334 for the three and six months ended July 1, 2023, respectively, and $8,056 and $16,319 during the three and six months ended July 2, 2022, 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 July 1, 2023 Six Months Ended July 1, 2023 INF BTS GEO Total INF BTS GEO Total United States $ 96,728 $ 46,560 $ 68,218 $ 211,506 $ 184,938 $ 90,946 $ 110,442 $ 386,326 Foreign — 7,472 3,660 11,132 — 15,932 4,697 20,629 Total gross revenues $ 96,728 $ 54,032 $ 71,878 $ 222,638 $ 184,938 $ 106,878 $ 115,139 $ 406,955 Three Months Ended July 2, 2022 Six Months Ended July 2, 2022 INF BTS GEO Total INF BTS GEO Total United States $ 102,639 $ 54,603 $ 38,245 $ 195,487 $ 202,600 $ 107,521 $ 67,462 $ 377,583 Foreign — 6,728 517 7,245 — 14,264 1,038 15,302 Total gross revenues $ 102,639 $ 61,331 $ 38,762 $ 202,732 $ 202,600 $ 121,785 $ 68,500 $ 392,885
Schedule Of Revenue By Major Customers By Reporting Segments	Gross revenue by customer were as follows: Three Months Ended July 1, 2023 Six Months Ended July 1, 2023 INF BTS GEO Total INF BTS GEO Total Public and quasi-public sector $ 77,332 $ 15,998 $ 61,641 $ 154,971 $ 147,062 $ 33,945 $ 97,409 $ 278,416 Private sector 19,396 38,034 10,237 67,667 37,876 72,933 17,730 128,539 Total gross revenues $ 96,728 $ 54,032 $ 71,878 $ 222,638 $ 184,938 $ 106,878 $ 115,139 $ 406,955 Three Months Ended July 2, 2022 Six Months Ended July 2, 2022 INF BTS GEO Total INF BTS GEO Total Public and quasi-public sector $ 80,054 $ 15,635 $ 31,644 $ 127,333 $ 159,258 $ 30,896 $ 54,634 $ 244,788 Private sector 22,585 45,696 7,118 75,399 43,342 90,889 13,866 148,097 Total gross revenues $ 102,639 $ 61,331 $ 38,762 $ 202,732 $ 202,600 $ 121,785 $ 68,500 $ 392,885
Schedule Of Revenue From External Customers By Products And Services	Gross revenues by contract type were as follows: Three Months Ended July 1, 2023 Six Months Ended July 1, 2023 INF BTS GEO Total INF BTS GEO Total Cost-reimbursable contracts $ 93,185 $ 38,670 $ 70,274 $ 202,129 $ 177,042 $ 79,294 $ 113,501 $ 369,837 Fixed-unit price contracts 3,543 15,362 1,604 20,509 7,896 27,584 1,638 37,118 Total gross revenues $ 96,728 $ 54,032 $ 71,878 $ 222,638 $ 184,938 $ 106,878 $ 115,139 $ 406,955 Three Months Ended July 2, 2022 Six Months Ended July 2, 2022 INF BTS GEO Total INF BTS GEO Total Cost-reimbursable contracts $ 98,604 $ 39,006 $ 38,638 $ 176,248 $ 194,326 $ 78,492 $ 68,283 $ 341,101 Fixed-unit price contracts 4,035 22,325 124 26,484 8,274 43,293 217 51,784 Total gross revenues $ 102,639 $ 61,331 $ 38,762 $ 202,732 $ 202,600 $ 121,785 $ 68,500 $ 392,885

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
	Jul. 01, 2023
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The after-tax changes in accumulated other comprehensive income (loss) by component were as follows: Accumulated Other Comprehensive Income (Loss) Foreign currency translation adjustments balance, December 31, 2022 $ — Other comprehensive income (loss) (191) Foreign currency translation adjustments balance, July 1, 2023 $ (191)

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Revenue Recognition (Details) $ in Thousands	Jul. 01, 2023 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining revenue performance obligation amount	$ 821,052
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining revenue performance obligation amount	$ 676,038
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-07-01 | 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]: 2023-07-01 | 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) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jul. 01, 2023	Jul. 01, 2023
Accounting Policies [Abstract]
Revenue from contract liability	$ 6,616	$ 25,046

Earnings per Share - Narrative

Earnings per Share - Narrative (Details) - shares	3 Months Ended		6 Months Ended
	Jul. 01, 2023	Jul. 02, 2022	Jul. 01, 2023	Jul. 02, 2022
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities (in shares)	111,584	20,854	41,536	25,653
Restricted Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities (in shares)			688,377	739,919

Earnings per Share - Schedule o

Earnings per Share - Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 01, 2023	Jul. 02, 2022	Jul. 01, 2023	Jul. 02, 2022
Numerator:
Net income – basic	$ 15,413	$ 17,268	$ 21,360	$ 25,910
Net income – diluted	$ 15,413	$ 17,268	$ 21,360	$ 25,910
Denominator:
Basic weighted average shares outstanding (in shares)	15,014,106	14,736,167	14,948,796	14,714,745
Effect of dilutive non-vested restricted shares and units (in shares)	413,856	481,815	447,546	481,379
Effect of issuable shares related to acquisitions (in shares)	23,826	14,175	25,193	15,711
Diluted weighted average shares outstanding (in shares)	15,451,788	15,232,157	15,421,535	15,211,835

Business Acquisitions - Narrati

Business Acquisitions - Narrative (Details) $ in Thousands			6 Months Ended		12 Months Ended
	Apr. 06, 2023 USD ($)	Feb. 22, 2023 USD ($)	Jul. 01, 2023 USD ($) acquisition	Jul. 02, 2022 USD ($)	Dec. 31, 2022 USD ($) acquisition	Jan. 01, 2022 USD ($)
Business Acquisition [Line Items]
Aggregate cash purchase price			$ 186,242	$ 4,670
Earn-out of cash fair value			6,046		$ 15,335	$ 8,328
Axim
Business Acquisition [Line Items]
Aggregate purchase price		$ 141,010	141,010
Payments to acquire businesses		120,106
Consideration of common stock		13,500
Axim | Uncollateralized Promissory Notes
Business Acquisition [Line Items]
Notes payable outstanding balance		$ 7,404
Other
Business Acquisition [Line Items]
Aggregate purchase price			3,315
Payments to acquire businesses			2,900
Consideration of common stock			$ 90
Number of businesses acquired | acquisition			3
Potential earn-out in cash and stock			$ 340
Earn-out of cash fair value			325
Series of Individually Immaterial Business Acquisitions
Business Acquisition [Line Items]
Aggregate purchase price			220,007		14,220
Payments to acquire businesses					5,882
Consideration of common stock					$ 433
Number of businesses acquired | acquisition					5
Potential earn-out in cash and stock					$ 15,850
Earn-out of cash fair value					6,299
Series of Individually Immaterial Business Acquisitions | Uncollateralized Promissory Notes
Business Acquisition [Line Items]
Notes payable outstanding balance					$ 1,606
VIS
Business Acquisition [Line Items]
Aggregate cash purchase price	$ 75,682
Aggregate purchase price			$ 75,682

Business Acquisitions - Summary

Business Acquisitions - Summary of the Fair Values of Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands		6 Months Ended	12 Months Ended
	Feb. 22, 2023	Jul. 01, 2023	Dec. 31, 2022
VIS
Acquired Finite-Lived Intangible Assets [Line Items]
Cash		$ 7,027
Billed and unbilled receivables, net		5,042
Right-of-use assets		2,113
Property and equipment		118
Prepaid expenses		1,505
Other assets		0
Total Assets		57,272
Liabilities		(16,439)
Deferred tax liabilities		(7,105)
Net assets acquired		33,728
Consideration paid (Cash, Notes and/or stock)		75,682
Contingent earn-out liability (Cash and stock)		0
Total Consideration		75,682
Excess consideration over the amounts assigned to the net assets acquired (Goodwill)		41,954
VIS | Customer relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets:		33,394
VIS | Trade name
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets:		2,958
VIS | Customer backlog
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets:		868
VIS | Developed technology
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets:		4,222
VIS | Non-compete
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets:		25
Axim
Acquired Finite-Lived Intangible Assets [Line Items]
Cash		5,419
Billed and unbilled receivables, net		13,937
Right-of-use assets		1,622
Property and equipment		2,870
Prepaid expenses		1,543
Other assets		155
Total Assets		86,460
Liabilities		(13,668)
Deferred tax liabilities		(14,223)
Net assets acquired		58,569
Consideration paid (Cash, Notes and/or stock)		141,010
Contingent earn-out liability (Cash and stock)		0
Total Consideration	$ 141,010	141,010
Excess consideration over the amounts assigned to the net assets acquired (Goodwill)		82,441
Axim | Customer relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets:		52,206
Axim | Trade name
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets:		2,266
Axim | Customer backlog
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets:		3,920
Axim | Developed technology
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets:		1,942
Axim | Non-compete
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets:		580
Other
Acquired Finite-Lived Intangible Assets [Line Items]
Cash		0
Billed and unbilled receivables, net		487
Right-of-use assets		189
Property and equipment		0
Prepaid expenses		17
Other assets		0
Total Assets		1,864
Liabilities		(188)
Deferred tax liabilities		0
Net assets acquired		1,676
Consideration paid (Cash, Notes and/or stock)		2,990
Contingent earn-out liability (Cash and stock)		325
Total Consideration		3,315
Excess consideration over the amounts assigned to the net assets acquired (Goodwill)		1,639
Other | Customer relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets:		859
Other | Trade name
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets:		33
Other | Customer backlog
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets:		186
Other | Developed technology
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets:		0
Other | Non-compete
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets:		93
Series of Individually Immaterial Business Acquisitions
Acquired Finite-Lived Intangible Assets [Line Items]
Cash		12,446	$ 0
Billed and unbilled receivables, net		19,466	1,794
Right-of-use assets		3,924	632
Property and equipment		2,988	1,510
Prepaid expenses		3,065	0
Other assets		155	0
Total Assets		145,596	8,567
Liabilities		(30,295)	(5,623)
Deferred tax liabilities		(21,328)	0
Net assets acquired		93,973	2,944
Consideration paid (Cash, Notes and/or stock)		219,682	7,921
Contingent earn-out liability (Cash and stock)		325	6,299
Total Consideration		220,007	14,220
Excess consideration over the amounts assigned to the net assets acquired (Goodwill)		126,034	11,276
Series of Individually Immaterial Business Acquisitions | Customer relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets:		86,459	3,606
Series of Individually Immaterial Business Acquisitions | Trade name
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets:		5,257	268
Series of Individually Immaterial Business Acquisitions | Customer backlog
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets:		4,974	459
Series of Individually Immaterial Business Acquisitions | Developed technology
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets:		6,164	0
Series of Individually Immaterial Business Acquisitions | Non-compete
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets:		$ 698	$ 298

Business Acquisitions - Results

Business Acquisitions - Results of Operations From any Business Acquired (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jul. 01, 2023	Jul. 01, 2023
Business Combination and Asset Acquisition [Abstract]
Gross revenues	$ 29,589	$ 37,064
Income before income taxes	$ 4,904	$ 5,631

Business Acquisitions - Pro For

Business Acquisitions - Pro Forma Consolidated Results of Operations (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 01, 2023	Jul. 02, 2022	Jul. 01, 2023	Jul. 02, 2022
Business Combination and Asset Acquisition [Abstract]
Gross revenues	$ 223,036	$ 231,351	$ 429,754	$ 450,204
Net income	$ 15,374	$ 16,998	$ 20,581	$ 25,363
Basic earnings per share (in dollars per share)	$ 1.02	$ 1.14	$ 1.38	$ 1.71
Diluted earnings per share (in dollars per share)	$ 0.99	$ 1.11	$ 1.33	$ 1.65

Billed and Unbilled Receivabl_3

Billed and Unbilled Receivables (Details) - USD ($) $ in Thousands	Jul. 01, 2023	Dec. 31, 2022
Receivables [Abstract]
Billed receivables	$ 152,530	$ 149,082
Less: allowance for doubtful accounts	(3,420)	(3,445)
Billed receivables, net	149,110	145,637
Unbilled receivables	109,463	95,104
Less: allowance for doubtful accounts	(2,271)	(2,242)
Unbilled receivables, net	$ 107,192	$ 92,862

Property and Equipment, net (De

Property and Equipment, net (Details) - USD ($) $ in Thousands	Jul. 01, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Total	$ 97,120	$ 85,768
Less: accumulated depreciation	(47,728)	(44,128)
Property and equipment, net	49,392	41,640
Office furniture and equipment
Property, Plant and Equipment [Line Items]
Total	3,346	3,421
Computer equipment
Property, Plant and Equipment [Line Items]
Total	29,820	25,816
Survey and field equipment
Property, Plant and Equipment [Line Items]
Total	57,126	49,985
Leasehold improvements
Property, Plant and Equipment [Line Items]
Total	$ 6,828	$ 6,546

Property and Equipment, net - N

Property and Equipment, net - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 01, 2023	Apr. 02, 2022	Jul. 01, 2023	Jul. 02, 2022
Property, Plant and Equipment [Line Items]
Depreciation expense	$ 3,605	$ 2,835	$ 6,871	$ 5,739
Other Direct Costs
Property, Plant and Equipment [Line Items]
Depreciation expense	$ 1,366	$ 1,223	$ 2,620	$ 2,456

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Schedule of Goodwill (Details) $ in Thousands	6 Months Ended
	Jul. 01, 2023 USD ($)
Goodwill [Roll Forward]
Beginning balance	$ 400,957
2023 Acquisitions	126,034
Adjustments	3
Foreign Currency Translation of non-USD functional currency goodwill	(146)
Ending balance	526,848
INF
Goodwill [Roll Forward]
Beginning balance	90,932
2023 Acquisitions	726
Adjustments	0
Foreign Currency Translation of non-USD functional currency goodwill	0
Ending balance	91,658
BTS
Goodwill [Roll Forward]
Beginning balance	111,838
2023 Acquisitions	913
Adjustments	13
Foreign Currency Translation of non-USD functional currency goodwill	0
Ending balance	112,764
GEO
Goodwill [Roll Forward]
Beginning balance	198,187
2023 Acquisitions	124,395
Adjustments	(10)
Foreign Currency Translation of non-USD functional currency goodwill	(146)
Ending balance	$ 322,426

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 01, 2023	Jul. 02, 2022	Jul. 01, 2023	Jul. 02, 2022
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 1,225		$ 1,225
Amortization expense	$ 11,300	$ 8,056	$ 20,334	$ 16,319
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Intangible assets, useful life (in years)			12 years 6 months
Trade name
Finite-Lived Intangible Assets [Line Items]
Intangible assets, useful life (in years)			3 years 8 months 12 days
Customer backlog
Finite-Lived Intangible Assets [Line Items]
Intangible assets, useful life (in years)			1 year 2 months 12 days
Non-compete
Finite-Lived Intangible Assets [Line Items]
Intangible assets, useful life (in years)			3 years 7 months 6 days
Developed technology
Finite-Lived Intangible Assets [Line Items]
Intangible assets, useful life (in years)			6 years 7 months 6 days

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Schedule of Finite-Lived Intangible Assets (Details) - USD ($) $ in Thousands	Jul. 01, 2023	Apr. 01, 2023	Dec. 31, 2022
Finite-lived intangible assets:
Gross Carrying Amount	$ 419,917		$ 316,354
Accumulated Amortization	(176,338)		(155,923)
Net Amount	243,579		160,431
Customer relationships
Finite-lived intangible assets:
Gross Carrying Amount	309,452		222,998
Accumulated Amortization	(100,697)		(87,054)
Net Amount	208,755		135,944
Customer relationships | Minimum
Finite-lived intangible assets:
Useful life (in years)		1 year
Customer relationships | Maximum
Finite-lived intangible assets:
Useful life (in years)		17 years
Trade name
Finite-lived intangible assets:
Gross Carrying Amount	22,140		16,883
Accumulated Amortization	(16,996)		(15,933)
Net Amount	5,144		950
Trade name | Minimum
Finite-lived intangible assets:
Useful life (in years)		1 year
Trade name | Maximum
Finite-lived intangible assets:
Useful life (in years)		5 years
Customer backlog
Finite-lived intangible assets:
Gross Carrying Amount	34,391		29,419
Accumulated Amortization	(29,711)		(27,333)
Net Amount	4,680		2,086
Customer backlog | Minimum
Finite-lived intangible assets:
Useful life (in years)		1 year
Customer backlog | Maximum
Finite-lived intangible assets:
Useful life (in years)		10 years
Non-compete
Finite-lived intangible assets:
Gross Carrying Amount	14,826		14,110
Accumulated Amortization	(11,995)		(11,298)
Net Amount	2,831		2,812
Non-compete | Minimum
Finite-lived intangible assets:
Useful life (in years)		1 year
Non-compete | Maximum
Finite-lived intangible assets:
Useful life (in years)		5 years
Developed technology
Finite-lived intangible assets:
Gross Carrying Amount	39,108		32,944
Accumulated Amortization	(16,939)		(14,305)
Net Amount	$ 22,169		$ 18,639
Developed technology | Minimum
Finite-lived intangible assets:
Useful life (in years)		5 years
Developed technology | Maximum
Finite-lived intangible assets:
Useful life (in years)		10 years

Accrued Liabilities (Details)

Accrued Liabilities (Details) - USD ($) $ in Thousands	Jul. 01, 2023	Dec. 31, 2022
Payables and Accruals [Abstract]
Current portion of lease liability	$ 14,238	$ 13,081
Accrued vacation	15,083	12,467
Payroll and related taxes	8,612	6,616
Benefits	4,478	5,160
Accrued operating expenses	7,090	4,540
Other	3,234	2,449
Total	$ 52,735	$ 44,313

Notes Payable and Other Oblig_3

Notes Payable and Other Obligations - Summary of Notes Payable and Other Obligations (Details) - USD ($) $ in Thousands	Jul. 01, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Finance leases	$ 3,001	$ 3,465
Debt issuance costs, net of amortization	(2,308)	(2,672)
Total notes payable and other obligations	224,041	54,849
Current portion of notes payable and other obligations	14,800	15,176
Notes payable and other obligations, less current portion	209,241	39,673
Senior credit facility
Debt Instrument [Line Items]
Long-term debt, gross	200,750	33,750
Uncollateralized promissory notes
Debt Instrument [Line Items]
Long-term debt, gross	21,665	18,492
Other obligations
Debt Instrument [Line Items]
Long-term debt, gross	$ 933	$ 1,814

Notes Payable and Other Oblig_4

Notes Payable and Other Obligations - Narrative (Details)		3 Months Ended		6 Months Ended
	Aug. 13, 2021 USD ($)	Jul. 01, 2023 USD ($)	Jul. 02, 2022 USD ($)	Jul. 01, 2023 USD ($)	Jul. 02, 2022 USD ($)	Dec. 31, 2022 USD ($)	Dec. 07, 2016 USD ($)
Debt Instrument [Line Items]
Debt covenant, liquidity availability		$ 30,000,000		$ 30,000,000
Amortization of debt issuance costs				365,000	$ 370,000
Other obligations		$ 22,598,000		$ 22,598,000		$ 20,306,000
Weighted average interest rate (as a percent)		3.10%		3.10%
Senior Credit Facility
Debt Instrument [Line Items]
Long-term debt, gross		$ 200,750,000		$ 200,750,000		33,750,000
Second A&R Credit Agreement
Debt Instrument [Line Items]
Minimum fixed charge coverage ratio		3.25		3.25
AR Credit Agreement
Debt Instrument [Line Items]
Debt issuance costs		$ 3,702,000		$ 3,702,000
Amortization of debt issuance costs		171,000	$ 185,000	365,000	$ 370,000
Line of Credit | Senior Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity							$ 150,000,000
Revolving Credit Facility | Senior Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity							$ 215,000,000
Long-term debt, gross		$ 200,750,000		$ 200,750,000		$ 33,750,000
Revolving Credit Facility | Second A&R Credit Agreement
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 (as a percent)				6.50%
Covenant, net leverage ratio		4		4
Minimum fixed charge coverage ratio		1.10		1.10

Contingent Consideration (Detai

Contingent Consideration (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jul. 01, 2023	Dec. 31, 2022
Commitments and Contingencies Disclosure [Roll Forward]
Contingent consideration, beginning of the year	$ 15,335	$ 8,328
Additions for acquisitions	325	6,299
Reduction of liability for payments made	(2,100)	(2,264)
(Decrease) increase of liability related to re-measurement of fair value	(7,514)	2,972
Total contingent consideration, end of the period	6,046	15,335
Current portion of contingent consideration	4,149	10,854
Contingent consideration, less current portion	$ 1,897	$ 4,481

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 01, 2023	Jul. 02, 2022	Jul. 01, 2023	Jul. 02, 2022
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred compensation	$ 4,902	$ 4,826	$ 10,728	$ 9,615
Weighted average vesting period (in years)	46,313		$ 46,313
Cost not yet recognized, term (in years)			1 year 8 months 12 days
Fair value of restricted shares vested			$ 20,851	7,296
Liability Based Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred compensation	543	$ 383	1,157	$ 654
Total estimated fair value	$ 5,120		$ 5,120
Equity Plan 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized (in shares)	2,145,774		2,145,774
Equity Plan 2011 | Minimum | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (n years)			2 years
Equity Plan 2011 | Maximum | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (n years)			4 years

Stock-Based Compensation - Rest

Stock-Based Compensation - Restricted Stock Awards (Details) - Restricted Stock	3 Months Ended
	Apr. 01, 2023 $ / shares shares
Number of Unvested Restricted Shares of Common Stock and Restricted Stock Units
Beginning (in shares) | shares	713,793
Granted (in shares) | shares	264,434
Vested (in shares) | shares	(202,453)
Forfeited (in shares) | shares	(18,171)
Ending (in shares) | shares	757,603
Weighted Average Grant Date Fair Value
Beginning (in dollars per share) | $ / shares	$ 81.25
Granted (in dollars per share) | $ / shares	107.12
Vested (in dollars per share) | $ / shares	47
Forfeited (in dollars per share) | $ / shares	87.75
Ending (in dollars per share) | $ / shares	$ 99.26

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 01, 2023	Jul. 02, 2022	Jul. 01, 2023	Jul. 02, 2022	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Deferred income tax liabilities, net	$ 20,487		$ 20,487		$ 6,893
Effective income tax rate (as a percent)	8.20%	20.50%	11.70%	22.30%

Reportable Segments - Narrative

Reportable Segments - Narrative (Details)	6 Months Ended
	Jul. 01, 2023 segment
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		6 Months Ended
	Jul. 01, 2023	Jul. 02, 2022	Jul. 01, 2023	Jul. 02, 2022
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	$ 222,638	$ 202,732	$ 406,955	$ 392,885
Segment income before taxes	16,790	21,713	24,194	33,352
Amortization expense	11,300	8,056	20,334	16,319
INF
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	96,728	102,639	184,938	202,600
BTS
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	54,032	61,331	106,878	121,785
GEO
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	71,878	38,762	115,139	68,500
Operating Segments
Segment Reporting, Revenue Reconciling Item [Line Items]
Segment income before taxes	39,672	42,862	72,092	77,030
Operating Segments | INF
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	96,728	102,639	184,938	202,600
Segment income before taxes	16,745	19,206	33,726	35,457
Operating Segments | BTS
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	54,032	61,331	106,878	121,785
Segment income before taxes	8,113	12,622	16,531	25,435
Operating Segments | GEO
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	71,878	38,762	115,139	68,500
Segment income before taxes	14,814	11,034	21,835	16,138
Corporate
Segment Reporting, Revenue Reconciling Item [Line Items]
Segment income before taxes	$ (22,882)	$ (21,149)	$ (47,898)	$ (43,678)

Reportable Segments - Revenue F

Reportable Segments - Revenue From Contracts With Customers by Geographic Location (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 01, 2023	Jul. 02, 2022	Jul. 01, 2023	Jul. 02, 2022
Revenues from External Customers and Long-Lived Assets [Line Items]
Gross revenues	$ 222,638	$ 202,732	$ 406,955	$ 392,885
INF
Revenues from External Customers and Long-Lived Assets [Line Items]
Gross revenues	96,728	102,639	184,938	202,600
BTS
Revenues from External Customers and Long-Lived Assets [Line Items]
Gross revenues	54,032	61,331	106,878	121,785
GEO
Revenues from External Customers and Long-Lived Assets [Line Items]
Gross revenues	71,878	38,762	115,139	68,500
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Gross revenues	211,506	195,487	386,326	377,583
United States | INF
Revenues from External Customers and Long-Lived Assets [Line Items]
Gross revenues	96,728	102,639	184,938	202,600
United States | BTS
Revenues from External Customers and Long-Lived Assets [Line Items]
Gross revenues	46,560	54,603	90,946	107,521
United States | GEO
Revenues from External Customers and Long-Lived Assets [Line Items]
Gross revenues	68,218	38,245	110,442	67,462
Foreign
Revenues from External Customers and Long-Lived Assets [Line Items]
Gross revenues	11,132	7,245	20,629	15,302
Foreign | INF
Revenues from External Customers and Long-Lived Assets [Line Items]
Gross revenues	0	0	0	0
Foreign | BTS
Revenues from External Customers and Long-Lived Assets [Line Items]
Gross revenues	7,472	6,728	15,932	14,264
Foreign | GEO
Revenues from External Customers and Long-Lived Assets [Line Items]
Gross revenues	$ 3,660	$ 517	$ 4,697	$ 1,038

Reportable Segments - Revenue b

Reportable Segments - Revenue by Customer Type (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 01, 2023	Jul. 02, 2022	Jul. 01, 2023	Jul. 02, 2022
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	$ 222,638	$ 202,732	$ 406,955	$ 392,885
INF
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	96,728	102,639	184,938	202,600
BTS
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	54,032	61,331	106,878	121,785
GEO
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	71,878	38,762	115,139	68,500
Public and quasi-public sector
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	154,971	127,333	278,416	244,788
Public and quasi-public sector | INF
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	77,332	80,054	147,062	159,258
Public and quasi-public sector | BTS
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	15,998	15,635	33,945	30,896
Public and quasi-public sector | GEO
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	61,641	31,644	97,409	54,634
Private sector
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	67,667	75,399	128,539	148,097
Private sector | INF
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	19,396	22,585	37,876	43,342
Private sector | BTS
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	38,034	45,696	72,933	90,889
Private sector | GEO
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	$ 10,237	$ 7,118	$ 17,730	$ 13,866

Reportable Segments - Revenue_2

Reportable Segments - Revenue by Contract Type (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 01, 2023	Jul. 02, 2022	Jul. 01, 2023	Jul. 02, 2022
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	$ 222,638	$ 202,732	$ 406,955	$ 392,885
INF
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	96,728	102,639	184,938	202,600
BTS
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	54,032	61,331	106,878	121,785
GEO
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	71,878	38,762	115,139	68,500
Cost-reimbursable contracts
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	202,129	176,248	369,837	341,101
Cost-reimbursable contracts | INF
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	93,185	98,604	177,042	194,326
Cost-reimbursable contracts | BTS
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	38,670	39,006	79,294	78,492
Cost-reimbursable contracts | GEO
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	70,274	38,638	113,501	68,283
Fixed-unit price contracts
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	20,509	26,484	37,118	51,784
Fixed-unit price contracts | INF
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	3,543	4,035	7,896	8,274
Fixed-unit price contracts | BTS
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	15,362	22,325	27,584	43,293
Fixed-unit price contracts | GEO
Segment Reporting, Revenue Reconciling Item [Line Items]
Gross revenues	$ 1,604	$ 124	$ 1,638	$ 217

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jul. 01, 2023	Jul. 01, 2023
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	$ 719,870	$ 694,240
Other comprehensive income (loss)	(191)	(191)
Ending balance	741,148	741,148
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance		0
Ending balance	$ (191)	$ (191)