CRA International,Inc. (CRAI) financial statements (2022 and earlier)

Company profile

Business Address 200 CLARENDON STREET
BOSTON, MA 02116
State of Incorp. MA
Fiscal Year End December 31
SIC 8111 - Legal Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments66,13045,67725,63938,02854,03553,53038,139
Cash and cash equivalents66,13045,67725,63938,02854,03553,53038,139
Receivables116,962111,595107,84194,52579,80366,85260,904
Other undisclosed current assets66,25562,69850,59748,58750,44350,12941,751
Total current assets:249,347219,970184,077181,140184,281170,511140,794
Noncurrent Assets
Operating lease, right-of-use asset110,475122,144130,173
Property, plant and equipment53,61262,87861,29548,08844,64336,38131,338
Long-term investments and receivables   100300  
Due from related parties   100300  
Intangible assets, net (including goodwill)93,11794,29594,98096,05498,20877,44980,561
Goodwill88,93689,18788,50488,20889,00074,76476,970
Intangible assets, net (excluding goodwill)4,1815,1086,4767,8469,2082,6853,591
Deferred income tax assets9,3199,66710,670
Other noncurrent assets1,4702,6923,6582,0442,8241,1871,885
Other undisclosed noncurrent assets38,02046,86448,39043,42031,50138,11459,139
Total noncurrent assets:306,013338,540349,166189,706177,476153,131172,923
TOTAL ASSETS:555,360558,510533,243370,846361,757323,642313,717
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities179,825155,806147,370130,171113,04689,01078,770
Accounts payable23,51119,43026,06921,93818,47313,72913,652
Accrued liabilities156,314136,376121,301108,23394,57375,28165,118
Deferred revenue8,8115,5274,007
Debt 13,55712,847   75
Deferred compensation liability6,10320,9024,4703,650908570814
Deferred revenue and credits1,8101,1311,4991,069
Other undisclosed current liabilities18,3474,3392,7166,8666,8963,0215,730
Total current liabilities:213,086200,131171,410142,497121,98194,10086,458
Noncurrent Liabilities
Long-term debt and lease obligation124,464139,447146,551    
Operating lease, liability124,464139,447146,551
Liabilities, other than long-term debt11,9767,80015,57531,57532,18221,53716,191
Deferred revenue and credits23,61811,52615,19111,836
Deferred compensation liability, classified10,9477,07515,0717,95720,6566,3464,355
Deferred income tax liabilities1,029725504
Other undisclosed noncurrent liabilities 2,1131,956302365122 
Total noncurrent liabilities:136,440149,360164,08231,87732,54721,65916,191
Total liabilities:349,526349,491335,492174,374154,528115,759102,649
Stockholders' equity
Stockholders' equity attributable to parent205,834209,019197,751196,472206,908207,220211,756
Common stock 5039,26522,83747,41454,12465,731
Accumulated other comprehensive loss(9,950)(8,483)(11,763)(12,594)(9,896)(13,818)(9,250)
Retained earnings215,784216,999200,249186,229169,390166,914155,275
Stockholders' equity attributable to noncontrolling interest    321663(688)
Total stockholders' equity:205,834209,019197,751196,472207,229207,883211,068
TOTAL LIABILITIES AND EQUITY:555,360558,510533,243370,846361,757323,642313,717

Income statement (P&L) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues565,933508,373451,370417,648370,075324,779303,559
Revenue, net370,075324,779303,559
Cost of revenue
(Cost of Goods and Services Sold)
(400,054)(370,709)(317,761) (258,829)(227,380)(207,650)
Gross profit:165,879137,664133,609417,648111,24697,39995,909
Operating expenses(110,140)(102,868)(104,261)(99,528)(95,482)(78,480)(83,515)
Other undisclosed operating loss   (289,185)   
Operating income:55,73934,79629,34828,93515,76418,91912,394
Nonoperating income (expense)(494)42(1,297)645(116)3,439(602)
Investment income, nonoperating   2582503,83645
Foreign currency transaction gain (loss), before tax(494)42(1,297)    
Other nonoperating income (expense)   387(366)(397)(647)
Interest and debt expense(970)(1,216)(1,254)(647)(484)(469)23
Income from continuing operations before income taxes:54,27533,62226,79728,93315,16421,88911,815
Income tax expense(12,596)(9,115)(6,050)(6,461)(7,463)(7,656)(5,490)
Net income:41,67924,50720,74722,4727,70114,2336,325
Net income (loss) attributable to noncontrolling interest   20(77)(1,345)1,332
Net income attributable to parent:41,67924,50720,74722,4927,62412,8887,657
Undistributed earnings (loss) allocated to participating securities, basic(175)(93)(55)(108)(51)
Net income available to common stockholders, basic:41,50424,41420,69222,3847,57312,8887,657
Other undisclosed net loss available to common stockholders, diluted     (95)(59)
Net income available to common stockholders, diluted:41,50424,41420,69222,3847,57312,7937,598

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:41,67924,50720,74722,4727,70114,2336,325
Other undisclosed comprehensive income (loss) 3,280831(2,698)3,922(4,568)(2,546)
Comprehensive income:41,67927,78721,57819,77411,6239,6653,779
Comprehensive income (loss), net of tax, attributable to noncontrolling interest   20(77)(1,345)1,332
Other undisclosed comprehensive loss, net of tax, attributable to parent(1,467)      
Comprehensive income, net of tax, attributable to parent:40,21227,78721,57819,79411,5468,3205,111

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: