HACKETT GROUP INC
For the period ended Nov 4, 2024. Filed Nov 4, 2024.
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Nov 4, 2024 · Filed Nov 4, 2024
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HCKT$13.42+1.1%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (in thousands, except per share data)
(in thousands, except per share data)
| Quarter Ended | Nine Months Ended | |||
|---|---|---|---|---|
| September 27, | September 29, | September 27, | September 29, | |
| 2024 | 2023 | 2024 | 2023 | |
| Revenue: | ||||
| Revenue before reimbursements | $77,949 | $74,634 | $229,572 | $220,106 |
| Reimbursements | 1,828 | 1,222 | 5,048 | 4,081 |
| Total revenue | 79,777 | 75,856 | 234,620 | 224,187 |
| Costs and expenses: | ||||
| Cost of service: | ||||
| Personnel costs before reimbursable expenses (includes $2,135 and $5,168 and $1,518 and $4,687 of non-cash stock based compensation expense in the three and nine months ended September 27, 2024 and September 29, 2023, respectively) | 46,417 | 44,421 | 137,583 | 132,990 |
| Reimbursable expenses | 1,828 | 1,222 | 5,048 | 4,081 |
| Total cost of service | 48,245 | 45,643 | 142,631 | 137,071 |
| Selling, general and administrative costs (includes $1,688 and $4,104 and $1,193 and $3,243 of non-cash stock based compensation expense in the three and nine months ended September 27, 2024 and September 29, 2023, respectively) | 18,732 | 16,470 | 55,046 | 49,331 |
| Legal settlement and related costs | - | - | 102 | - |
| Total costs and operating expenses | 66,977 | 62,113 | 197,779 | 186,402 |
| Operating income | 12,800 | 13,743 | 36,841 | 37,785 |
| Other expense, net: | ||||
| Interest expense, net | (368) | (814) | (1,352) | (2,594) |
| Income before income taxes | 12,432 | 12,929 | 35,489 | 35,191 |
| Income tax expense | 3,845 | 3,509 | 9,423 | 8,890 |
| Net income | $8,587 | $9,420 | $26,066 | $26,301 |
| Basic net income per common share: | ||||
| Income per common share | $0.31 | $0.35 | $0.95 | $0.97 |
| Weighted average common shares outstanding | 27,645 | 27,220 | 27,561 | 27,146 |
| Diluted net income per common share: | ||||
| Income per common share | $0.31 | $0.34 | $0.93 | $0.95 |
| Weighted average common and common equivalent shares outstanding | 28,142 | 27,818 | 27,920 | 27,545 |
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