Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands |
Jul. 01, 2022 |
Dec. 31, 2021 |
| Current assets |
|
|
| Cash and cash equivalents |
$ 31,760
|
$ 38,513
|
| Restricted cash |
3,311
|
0
|
| Receivables |
374,980
|
348,605
|
| Prepaid expenses |
26,262
|
21,160
|
| Other current assets |
10,646
|
15,062
|
| Total current assets |
446,959
|
423,340
|
| Property, plant, and equipment, net |
23,530
|
23,758
|
| Goodwill |
321,734
|
321,734
|
| Intangible assets, net |
62,159
|
66,582
|
| Right-of-use assets |
39,705
|
43,651
|
| Other non-current assets |
11,760
|
10,394
|
| Total non-current assets |
458,888
|
466,119
|
| Total Assets |
905,847
|
889,459
|
| Current liabilities |
|
|
| Accounts payable |
244,080
|
212,533
|
| Compensation and other employee benefits |
82,534
|
80,284
|
| Short-term debt |
10,400
|
10,400
|
| Other accrued liabilities |
48,322
|
55,031
|
| Total current liabilities |
385,336
|
358,248
|
| Long-term debt, net |
78,884
|
94,246
|
| Deferred tax liability |
32,489
|
32,214
|
| Operating lease liability |
30,719
|
34,536
|
| Other non-current liabilities |
14,941
|
20,128
|
| Total non-current liabilities |
157,033
|
181,124
|
| Total liabilities |
542,369
|
539,372
|
| Commitments and contingencies (Note 9) |
|
|
| Shareholders' Equity |
|
|
| Preferred stock; $0.01 par value; 10,000 shares authorized; No shares issued and outstanding |
0
|
0
|
| Common stock; $0.01 par value; 100,000 shares authorized; 11,846 and 11,738 shares issued and outstanding as of July 1, 2022 and December 31, 2021, respectively |
118
|
117
|
| Additional paid in capital |
91,464
|
88,116
|
| Retained earnings |
281,081
|
267,754
|
| Accumulated other comprehensive loss |
(9,185)
|
(5,900)
|
| Total shareholders' equity |
363,478
|
350,087
|
| Total Liabilities and Shareholders' Equity |
$ 905,847
|
$ 889,459
|