哈克特集团 2025年季度报告

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐Indicate by check mark whether registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).YES NO☒Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date. TABLE OF CONTENTSPART I - FINANCIAL INFORMATION Financial StatementsConsolidated Balance Sheets as of March 28, 2025(unaudited)and December 27, 2024 Other InformationPART II - OTHER INFORMATION Legal Proceedings Unregistered Sales of Equity Securities and Use of Proceeds ExhibitsSIGNATURES March 28,December 27,20252024 LIABILITIES AND SHAREHOLDERS’ EQUITY Contract liabilities14,919Income tax payable2,352Operating lease liabilities1,161Total current liabilities47,192Deferred tax liability, net10,433Long term debt, net17,755Operating lease liabilities1,965 Retained earningsAccumulated other comprehensive loss (13,109)Total shareholders' equity114,415Total liabilities and shareholders' equity$191,760$The accompanying notes are an integral part of the consolidated financial statements. 1. Basis of Presentation and General InformationBasis of Presentation In the opinion of management, the accompanying consolidated financial statements reflect all normal and recurring adjustmentswhich are necessary for a fair presentation of the Company’s financial position, results of operations, and cash flows as of the dates and for the periods presented. The consolidated financial statements have been prepared pursuant to the rules and regulations of theSecurities and Exchange Commission (“SEC”) regarding interim financial reporting. Accordingly, these statements do not include all consolidated financial statements and notes thereto for the year ended December 27, 2024, included in the Annual Report on Form 10-K filed by the Company with the SEC on February 28, 2025. The consolidated results of operations for the quarter ended March 28, 2025, are not necessarily indicative of the results to be expected for any future period or for the full fiscal year.Use of EstimatesThe preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptionsthat affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those Deferred tax liabilityNet assets acquired$Consideration$ adjustment if any additional information is obtained about their acquisition date fair values. The final determination of the fair valueswill be completed within the one-year measurement period. Hackett Group will contribute its AI XPLR platform andLeewayHertzwill contribute its ZBrain platform. The integration of AI XPLRand the ZBrain Gen A.I. orchestration solution will enable the joint venture to provide advanced and tailored Gen AI solutions to itsclients. The joint venture is expected to be formed in the Company's 2025 fiscal year. expenses, and for which separate financial information is available and is evaluated regularly by the chief operating decision maker, ordecision-making group, in deciding how to allocate resources and in assessing performance. The Company assessed its operating segments under the management approach in accordance with ASC 280, Segment Reporting (ASC 280), and has determined that it hasthree operating segments: Global S&BT, Oracle Solutions and SAP Solutions which are also its reportable segments. See Note 11“Segment Information and Geographical Data” for detailed segment information. threereporting units as follows: (1) Global S&BT, (2) Oracle Solutions, and (3) SAP Solutions. Global S&BT includes the results of the Company’s Gen A.I. and strategic business consulting practices; Oracle Solutions includes the results of the Company’s OracleEPM/ERP and AI Enablement practices; SAP Solutions includes the Company’s SAP applications and related SAP service offerings. Areporting unit is an operating segment or one level below an operating segment to which goodwill is assigned. The goodwill wasallocated to the reporting unit based on the reporting unit's relative fair value.The carrying amount of goodwill by reporting unit is asfollows, which includes the provisional goodwill allocated to the LeewayHertz acquisition (in thousands):ForeignDecember 27,Additions/CurrencyMarch 28, The Company primarily generates its revenue from providing professional services to its clients. The Company also generatesrevenue from software-related sales, software maintenance and support and subscriptions to its executive and best practices advisoryprograms. A single contract could include one or multiple performance obligations. For those contracts that have multiple performance separately.Revenue is recognized when control of the goods and services provided are transferred to the Company’s customers, in an amount that reflects the consideration it expects to be entitled to in