哈克特集团 2025年季度报告

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit Indicate by check mark whether registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company,or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith 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☒ TABLE OF CONTENTS PART I - FINANCIAL INFORMATION Item 1.Financial Statements Consolidated Statements of Cash Flows for the Three Months Ended March 28, 2025, and March 29, 2024, The Hackett Group, Inc.CONSOLIDATED BALANCE SHEETS(in thousands, except share data) The Hackett Group, Inc.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 1. Basis of Presentation and General Information Basis of Presentation The accompanying consolidated financial statements of The Hackett Group,Inc. (“Hackett” or the “Company”) have beenprepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and include theCompany’s accounts and those of its wholly-owned subsidiaries which the Company is required to consolidate. All intercompany 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 andfor 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 allthe disclosures normally required by U.S. GAAP for annual financial statements and should be read in conjunction with the Use of Estimates The 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 estimates. Business Combination On September 16, 2024, the Company executed an agreement to acquire100% of the equity of LeewayHertz TechnologiesPrivate Limited (“LeewayHertz”), a technology consulting company based in India, focused on artificial intelligence (A.I.) technologysolutions for a provisional purchase consideration of $7.8million subject to a working capital achievement. This acquisition marks asignificant milestone in the Company's aggressive strategy to become a leading architect of its clients' Gen A.I. journey. The acquisition As a result, the provisional excess of the purchase price over the assets acquired resulted in goodwill of $5.9million. Additionally,the Company recognized provisional intangible assets of $2.5million, with a remaining weighted average useful life of4.4years. Thefair values of identifiable intangible assets acquired were prepared by a third-party valuation specialist and incorporate significant The Hackett Group, Inc.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS The amounts recorded for certain assets and liabilities and related disclosures are preliminary in nature and are subject toadjustment if any additional information is obtained about their acquisition date fair values. The final determination of the fair values Also, in connection with the acquisition, the Company andLeewayHertz’s founder are creating a joint venture whereby TheHackett 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 its Segment Reporting Segments are defined as components of a company that engage in business activities from which they earn revenue and incurexpenses, 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 operatingsegments under the management approach in accordance with ASC 280, Segment Reporting (ASC 280), and has determined that it has Goodwill For acquisitions accounted for as a business combination, goodwill represents the excess of the cost over the fair value of the netassets ac