7Baggers
Quarterly
Annual
    Unit: USD2025-06-28 2025-03-29 2024-12-28 2024-09-28 2024-06-29 2024-03-30 2023-12-30 2023-09-30 2023-07-01 2023-04-01 2022-12-31 2022-10-01 2022-07-02 2022-04-02 2022-01-01 2021-10-02 2021-07-03 2021-04-03 2021-01-02 2020-10-03 2020-06-27 2020-03-28 2019-12-28 2019-09-28 2019-06-29 2019-03-30 2018-12-29 2018-09-29 2018-06-30 2018-03-31 2017-07-01 2017-04-01 2016-09-30 2013-09-30 2013-06-30 2013-03-31 
      
    		                                    
      cash flows from operating activities:
    		                                    
      net income
    		11,688,000 428,000 5,430,000 14,234,000 7,907,000 408,000 9,937,000 13,316,000 15,413,000 5,947,000 8,000,000 16,063,000 17,268,000 8,642,000 15,456,000 12,573,000 13,638,000 5,480,000 4,573,000 7,754,000 4,503,000 4,188,000 3,576,000 5,843,000 8,794,000 5,543,000 7,659,000 7,285,000 7,620,000 4,292,000 4,319,000 2,270,000 3,404,000 931,000 737,000 556,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                                    
      depreciation and amortization
    		16,782,000 17,377,000 17,322,000 15,654,000 17,592,000 16,043,000 15,522,000 15,293,000 14,903,000 12,302,000 10,972,000 11,033,000 10,891,000 11,167,000 11,574,000 11,461,000 11,394,000 10,542,000 10,808,000 11,403,000 12,237,000 11,040,000 6,908,000 6,551,000 6,244,000 6,113,000 5,724,000 4,057,000 3,807,000 3,796,000 3,253,000 2,501,000 1,604,000 403,000 372,000 351,000 
      non-cash lease expense
    		3,185,000 3,183,000 3,095,000 3,115,000 3,108,000 3,293,000 3,216,000 3,562,000 3,498,000 3,286,000 3,404,000 3,144,000 3,173,000 3,092,000 2,250,000 3,057,000 2,723,000 2,161,000 2,738,000 2,424,000 2,603,000 1,704,000 2,640,000 2,519,000 2,242,000 2,009,000           
      benefit from doubtful accounts
    		419,000 111,000 674,000 349,000 232,000 491,000 321,000 333,000 367,000 240,000 -1,312,000 658,000 -84,000 678,000 166,000 494,000 1,119,000 -536,000 1,184,000 1,437,000 1,475,000 215,000 -486,000 269,000 1,250,000 206,000 -46,000 12,000 507,000 324,000 51,000 138,000 34,000 -27,000 18,000 31,000 
      stock-based compensation
    		7,270,000 6,770,000 6,038,000 5,955,000 7,322,000 6,666,000 5,875,000 5,776,000 4,902,000 5,826,000 4,077,000 5,634,000 4,826,000 4,789,000 4,214,000 4,297,000 4,094,000 3,696,000 4,055,000 4,020,000                 
      change in fair value of contingent consideration
    		43,000 -417,000     -1,762,000 -4,000 -6,655,000 -859,000 3,515,000 -25,000   2,400,000 -302,000 26,000 209,000     -265,000 0 0 49,000 157,000 160,000   21,000 21,000 1,000    
      gain on disposals of property and equipment
    		-10,000 -157,000 -287,000 -9,000 -641,000 -3,000 -61,000 -225,000 -385,000 -23,000 -228,000 -39,000 -7,000 -54,000  -478,000 -51,000 -530,000  -44,000    0 -49,000 1,000           
      other
    		-86,000 33,000 -159,000 92,000 271,000 -67,000                               
      deferred income taxes
    		-3,880,000 -5,091,000 -7,226,000 -6,326,000 -2,537,000 -5,175,000 -262,000 -17,774,000 -2,070,000 -5,603,000 -14,204,000 -1,274,000 -1,111,000 -1,903,000 -2,689,000 -1,330,000 -706,000 -2,282,000 -7,159,000 -5,036,000 745,000 -1,614,000 -2,795,000 -4,316,000 940,000 -463,000 -4,149,000 43,000 501,000 20,000 145,000 141,000 36,000 59,000 -54,000 -69,000 
      amortization of debt issuance costs
    		185,000 185,000 185,000 186,000 185,000 185,000 185,000 208,000 171,000 194,000 168,000 186,000 185,000 185,000 186,000 570,000 227,000 227,000 227,000 227,000 222,000 220,000               
      changes in operating assets and liabilities, net of impact of acquisitions:
    		                                    
      billed receivables
    		-5,955,000 9,422,000 -32,070,000 -4,573,000 -11,957,000 7,283,000 13,948,000 -17,246,000 1,322,000 9,560,000 -3,069,000 -1,871,000 -8,059,000 23,211,000 -14,051,000 -19,999,000 690,000 36,037,000 -21,681,000 9,223,000 -7,187,000 6,053,000 4,632,000 -5,003,000 -3,484,000 8,995,000 -2,266,000 1,438,000 -3,480,000 -4,354,000       
      unbilled receivables
    		3,077,000 12,445,000 2,019,000 -3,888,000 -19,315,000 -5,727,000 8,776,000 -14,600,000 4,157,000 -13,999,000 5,330,000 -4,832,000 -5,843,000 2,042,000 -2,549,000 -2,786,000 -9,270,000 2,032,000 9,501,000 -5,219,000 5,478,000 -7,764,000 -7,317,000 698,000 -8,538,000 3,350,000 946,000 -1,963,000 -4,205,000 2,409,000       
      prepaid expenses and other assets
    		-3,768,000 -2,244,000 -1,217,000 4,648,000 -3,115,000 1,496,000 -4,236,000 6,635,000 -9,548,000 4,857,000 6,980,000 -7,594,000 -3,741,000 3,230,000 -632,000 48,000 -3,094,000 -1,114,000 2,509,000 54,000 155,000 1,962,000 1,680,000 4,134,000 -8,082,000 -1,331,000 -928,000 566,000 469,000 -216,000 432,000 -787,000 342,000 -21,000 565,000 -553,000 
      accounts payable
    		9,628,000 -14,939,000 8,400,000 10,644,000 8,139,000 -3,584,000 -12,316,000 12,010,000 7,720,000 -15,884,000 6,264,000 -3,588,000 3,505,000 -7,854,000 6,815,000 3,812,000 3,886,000 -6,332,000 6,147,000 -2,918,000 94,000 44,000 2,587,000 1,763,000 -576,000 -3,240,000 1,077,000 -1,836,000 1,756,000 -599,000 3,857,000 -3,862,000 -838,000 463,000 467,000 89,000 
      accrued liabilities and other long-term liabilities
    		-17,586,000 9,122,000 -3,077,000 5,444,000 -12,182,000 675,000 -21,091,000 6,941,000 -8,073,000 2,375,000                           
      billings in excess of costs and estimated earnings on uncompleted contracts
    		-9,049,000 2,020,000 754,000 2,946,000 -5,868,000 -1,516,000 -1,130,000 5,493,000 -11,512,000 3,906,000 2,606,000 3,965,000 -1,763,000 -5,104,000 12,238,000 -75,000 -917,000 -7,241,000 15,953,000 465,000 4,037,000 1,204,000 1,650,000 -589,000 -2,013,000 -3,370,000 3,479,000 -117,000 261,000 341,000 1,012,000 380,000 57,000 -78,000 161,000 -120,000 
      contingent consideration
    		0 -7,000 -11,000 0 -640,000 -815,000 0 0 -507,000 -800,000                           
      other current liabilities
    		-179,000 131,000 -255,000 398,000 187,000 -99,000 -25,000 215,000 517,000 -43,000 179,000 -28,000 13,000 -289,000                       
      net cash from operating activities
    		11,764,000 38,372,000 209,000 48,869,000 -11,312,000 19,554,000 16,772,000 19,933,000 14,220,000 11,282,000 13,589,000 26,133,000 7,742,000 46,516,000 23,371,000 15,843,000 14,073,000 48,155,000 23,590,000 21,674,000 37,142,000 13,603,000 18,343,000 4,123,000 1,121,000 16,313,000 17,429,000 6,733,000 7,220,000 3,617,000 4,277,000 209,000 3,992,000 2,015,000 1,271,000 -979,000 
      capex
    		-4,764,000 -11,036,000 -3,511,000 -4,505,000 -5,232,000 -3,673,000 -2,909,000 -4,018,000 -4,129,000 -6,110,000 -815,000 -4,495,000 -4,335,000 -6,044,000 -7,189,000 -2,686,000 -2,558,000 -1,470,000 -1,513,000 -2,197,000 -1,620,000 -4,525,000 -815,000 -184,000 -936,000 -690,000 -621,000 -120,000 -337,000 -1,125,000 -603,000 -388,000 -138,000 -66,000 -65,000 -276,000 
      free cash flows
    		7,000,000 27,336,000 -3,302,000 44,364,000 -16,544,000 15,881,000 13,863,000 15,915,000 10,091,000 5,172,000 12,774,000 21,638,000 3,407,000 40,472,000 16,182,000 13,157,000 11,515,000 46,685,000 22,077,000 19,477,000 35,522,000 9,078,000 17,528,000 3,939,000 185,000 15,623,000 16,808,000 6,613,000 6,883,000 2,492,000 3,674,000 -179,000 3,854,000 1,949,000 1,206,000 -1,255,000 
      cash flows from investing activities:
    		                                    
      cash paid for acquisitions
    		-3,705,000 -4,440,000 -9,572,000 -400,000 -8,613,000 -45,334,000 -236,000 -2,867,000 -68,655,000 -117,587,000 -888,000 -350,000 -4,344,000 -326,000 -44,426,000 -1,917,000 -6,645,000 -15,007,000 0    -319,010,000 -15,205,000 -6,160,000 -8,000,000 -29,695,000 -24,987,000 -176,000 -3,297,000   -303,000    
      proceeds from sale of assets
    		148,000 268,000 414,000 21,000 227,000 22,000 425,000 0   0 39,000   796,000 383,000 0 460,000 617,000 616,000 12,000 425,000               
      purchase of property and equipment
    		-4,764,000 -11,036,000 -3,511,000 -4,505,000 -5,232,000 -3,673,000 -2,909,000 -4,018,000 -4,129,000 -6,110,000 -815,000 -4,495,000 -4,335,000 -6,044,000 -7,189,000 -2,686,000 -2,558,000 -1,470,000 -1,513,000 -2,197,000 -1,620,000 -4,525,000 -815,000 -184,000 -936,000 -690,000 -621,000 -120,000 -337,000 -1,125,000 -603,000 -388,000 -138,000 -66,000 -65,000 -276,000 
      net cash from investing activities
    		-8,321,000 -15,208,000 -12,669,000 -4,884,000 -13,618,000 -48,985,000 -2,720,000 -6,885,000 -72,489,000 -123,697,000 -1,703,000 -4,806,000 -8,631,000 -6,370,000 -50,819,000 -4,220,000 -9,203,000 -16,017,000 -896,000 -2,463,000 -1,608,000 -4,100,000 -319,825,000 -15,389,000 -7,096,000 -8,690,000 -30,316,000 -25,107,000 -513,000 -4,422,000 -61,640,000 -388,000 -441,000 -900,000 -848,000 -276,000 
      cash flows from financing activities:
    		                                    
      borrowings from senior credit facility
    		17,500,000 8,000,000 11,000,000 0 23,000,000 35,000,000 0 8,000,000 70,000,000 110,000,000     0         0             
      payments on notes payable and other obligations
    		-2,944,000 -1,631,000  -848,000 -894,000 -4,380,000                               
      payments of contingent consideration
    		-125,000 -143,000 -139,000 0 -560,000 -1,025,000 -200,000 0 -93,000 -700,000 133,000 0 0 -1,597,000 -666,000 -250,000 -263,000 -150,000 -666,000 0 -263,000 -650,000 11,000 0 -513,000 -700,000 0 0 -513,000 -215,000 -500,000 -62,000 0    
      payments on borrowings from senior credit facility
    		-32,000,000 -26,000,000                                   
      purchases of common stock tendered by employees to satisfy the required withholding taxes related to stock-based compensation
    		0 -615,000     0        0 0 0 -52,000                   
      net cash (used) provided by financing activities
    		-17,569,000 -20,389,000                                   
      effect of exchange rate changes on cash and cash equivalents
    		286,000 76,000 -711,000 765,000 -27,000 -222,000 205,000 -87,000                             
      net decrease in cash and cash equivalents
    		    -15,411,000 -58,000                       -1,167,000 -1,549,000  -1,819,000     
      cash and cash equivalents – beginning of period
    		0 50,361,000 0 0 0 44,824,000 0 0 0 38,541,000 0 0 0 47,980,000 0 0 0 64,909,000 0 0 0 31,825,000 0 0 0 40,739,000 0 0 0 18,751,000 0 35,666,000 0    
      cash and cash equivalents – end of period
    		-13,840,000 53,212,000 -22,896,000 43,902,000 -15,411,000 44,766,000 -1,615,000 17,612,000 -2,514,000 31,341,000 -15,630,000 9,749,000 -37,526,000 81,948,000 -73,417,000 8,374,000 20,098,000 92,925,000 887,000 -1,190,000 26,886,000 38,326,000 400,000 -13,011,000 -1,378,000 45,814,000 -15,463,000 40,167,000 -1,167,000 17,202,000 -14,355,000 33,847,000 2,009,000 60,000 5,581,000 1,130,000 
      net increase in cash and cash equivalents
    		 2,851,000 -22,896,000    -1,615,000   -7,200,000 -15,630,000 9,749,000 -37,526,000 33,968,000 -73,417,000 8,374,000 20,098,000 28,016,000 887,000 -1,190,000 26,886,000 6,501,000 400,000 -13,011,000 -1,378,000 5,075,000 -15,463,000      2,009,000 60,000   
      payments of borrowings from senior credit facility
    		  -20,000,000 0   -11,000,000 -2,000,000   -20,000,000 -10,000,000   -40,000,000 -138,750,000 -1,875,000 -143,207,000 -15,875,000 -18,875,000       0 -34,000,000         
      payments on notes payable
    		      -4,672,000 -1,268,000 -1,046,000 -4,085,000 -7,649,000 -1,578,000 -1,637,000 -4,581,000 -5,217,000 -1,974,000 -3,656,000 -1,669,000 -5,266,000 -1,526,000 -6,299,000 -2,116,000 -4,910,000 -1,745,000 -4,890,000 -1,848,000 -2,331,000 -928,000 -4,861,000 -1,621,000 -3,492,000 -1,578,000 -1,445,000    
      net cash from financing activities
    		  -9,725,000 -848,000 9,546,000 29,595,000 -15,872,000 4,651,000 55,861,000 105,215,000 -27,516,000 -11,578,000 -36,637,000 -6,178,000 -45,969,000 -3,249,000 15,228,000 -4,122,000 -21,807,000 -20,401,000 -8,648,000 -3,002,000 301,882,000 -1,745,000 4,597,000 -2,548,000 -2,576,000 58,541,000 -7,874,000 -744,000 43,008,000 -1,640,000 -1,542,000 -1,055,000 5,158,000 91,000 
      proceeds from common stock offering
    		              0 0 22,500,000 150,000,000                   
      payments of common stock offering costs
    		              0 -135,000 -1,478,000 -9,044,000                   
      payments of debt issuance costs
    		              -86,000    0 0 -211,000 -236,000               
      accrued liabilities
    		           4,701,000 -10,993,000 4,684,000 -12,910,000 4,590,000 -6,816,000 2,629,000 -5,187,000 -1,600,000 9,983,000 -8,061,000 1,855,000 -10,138,000 5,898,000 -4,930,000 275,000 -5,959,000 4,634,000 -1,934,000 1,324,000 -3,430,000 16,000 708,000 -454,000 1,132,000 
      income taxes payable
    		                 3,085,000   -752,000 1,365,000 92,000 -451,000 -3,859,000 1,521,000 3,308,000 1,156,000 -6,157,000 -1,712,000 -219,000 -134,000 44,000 68,000 -217,000 -1,736,000 
      (gain) loss on disposals of property and equipment
    		                     -339,000               
      deposits
    		               -89,000 215,000 92,000 -10,000 97,000 59,000 7,000 -55,000 21,000 -15,000 62,000           
      proceeds from exercise of warrant
    		                          1,000          
      stock based compensation
    		                     3,379,000 3,441,000 2,822,000 2,369,000 1,798,000 2,156,000 1,902,000 1,503,000 1,136,000       
      loss on disposals of property and equipment
    		                                    
      proceeds from borrowings from senior credit facility
    		                                    
      proceeds from secondary offering
    		                                    
      proceeds from exercise of unit warrant
    		                            0 1,092,000   0    
      loss on disposal property and equipment
    		                                    
      excess tax benefit from stock based compensation
    		                                0    
      client deposits
    		                            -103,000 114,000   13,000 63,000 -70,000 -13,000 
      stock compensation
    		                              829,000 753,000 655,000 121,000 55,000 61,000 
      accounts receivable
    		                              -10,703,000 2,218,000 -1,376,000 -667,000 -308,000 -707,000 
      payments of secondary offering costs
    		                                -97,000    
      loss on disposal of leasehold improvements
    		                                0    
      proceeds from secondary offerimg
    		                                0    
      exercise of warrants costs
    		                                    
      payments on stock repurchase obligation
    		                                 -292,000 -157,000 -163,000 
      fair value adjustment to contingent consideration
    		                                    
      changes in operating assets and liabilities:
    		                                    
      net change in cash surrender value of officers’ life insurance
    		                                 -26,000 -1,000 -1,000 
      proceeds from initial public offering
    		                                 0   
      initial public offering costs
    		                                 1,000   
      borrowings
    		                                 0   
      payments on long-term debt
    		                                 -764,000 -2,763,000 -264,000 
      payments made for repurchase of common stock
    		                                    
      cash paid for acquisition
    		                                    
      cash and cash equivalents - beginning of period
    		                                  0 2,294,000 
      borrowings from line of credit
    		                                   518,000 
      net (decrease) in cash and cash equivalents
    		                                   -1,164,000 
      (gain) on disposal of property and equipment
    		                                    
      changes in operating assets and liabilities, net of effects of acquisitions:
    		                                    
      prepaid expenses and other current assets
    		                                    
      cash paid for acquisition of kaco
    		                                    
      proceeds from disposition or sale of property and equipment
    		                                    
      payments for non-controlling interest shares
    		                                    
      payments for direct costs of conversion of non-controlling interest shares
    		                                    
      cash and cash equivalents - beginning of year
    		                                    
      cash and cash equivalents – end of year
    		                                    
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.