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Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 02, 2011	May 14, 2010	Jul. 02, 2011	May 14, 2010
Revenues	$ 80,641	$ 68,075	$ 159,248	$ 126,921
Costs of services	53,731	50,055	105,291	90,509
Gross profit	26,910	18,020	53,957	36,412
Selling, general and administrative expenses	18,688	17,475	36,516	33,269
Depreciation and amortization	1,252	1,467	2,551	2,725
Income (loss) from operations	6,970	(922)	14,890	418
Interest income	79	79	161	158
Interest expense	(331)	(799)	(723)	(1,669)
Gain (loss) on the extinguishment of convertible debentures	3	(425)	3	(425)
Other income (expense)	43	(90)	(103)	(104)
Income (loss) before (provision) benefit for income taxes	6,764	(2,157)	14,228	(1,622)
(Provision) benefit for income taxes	(2,728)	577	(5,731)	141
Net income (loss)	4,036	(1,580)	8,497	(1,481)
Net loss attributable to noncontrolling interest, net of tax	271	57	245	224
Net income (loss) attributable to CRA International, Inc.	$ 4,307	$ (1,523)	$ 8,742	$ (1,257)
Net income (loss) per share attributable to CRA International, Inc:
Basic (in dollars per share)	$ 0.40	$ (0.14)	$ 0.82	$ (0.12)
Diluted (in dollars per share)	$ 0.40	$ (0.14)	$ 0.81	$ (0.12)
Weighted average number of shares outstanding:
Basic (in shares)	10,650	10,713	10,632	10,683
Diluted (in shares)	10,820	10,713	10,810	10,683

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jul. 02, 2011	Jan. 01, 2011
Current assets:
Cash and cash equivalents	$ 37,161	$ 87,505
Short-term investments	14,484
Accounts receivable, net of allowances of $7,942 at July 2, 2011 and $7,036 at January 1, 2011	60,038	55,806
Unbilled services	39,143	26,889
Prepaid expenses and other assets	13,466	10,597
Deferred income taxes	14,595	11,233
Total current assets	178,887	192,030
Property and equipment, net	20,207	17,618
Goodwill	141,952	140,681
Intangible assets, net of accumulated amortization of $6,230 at July 2, 2011 and $5,543 at January 1, 2011	3,019	3,147
Deferred income taxes, net of current portion	3	3
Other assets	16,935	13,886
Total assets	361,003	367,365
Current liabilities:
Accounts payable	10,458	10,539
Accrued expenses	52,465	49,358
Deferred revenue and other liabilities	6,584	6,187
Deferred income taxes	844	28
Convertible debentures payable, net		21,651
Current portion of deferred rent	3,030	3,080
Current portion of notes payable	80	450
Current portion of deferred compensation	633	204
Total current liabilities	74,094	91,497
Notes payable, net of current portion	2,188	2,069
Deferred rent and other non-current liabilities	9,586	11,165
Deferred compensation	860	98
Deferred income taxes, net of current portion	6,339	7,112
Commitments and contingencies
Shareholders' equity:
Preferred stock, no par value; 1,000,000 shares authorized; none issued and outstanding
Common stock, no par value; 25,000,000 shares authorized; 10,635,610 and 10,567,052 shares issued and outstanding at July 2, 2011 and January 1, 2011, respectively	104,801	103,067
Receivables from shareholders	(1,300)	(1,400)
Retained earnings	167,491	158,749
Accumulated other comprehensive loss	(3,497)	(5,662)
Total CRA International, Inc. shareholders' equity	267,495	254,754
Noncontrolling interest	441	670
Total shareholders' equity	267,936	255,424
Total liabilities and shareholders' equity	$ 361,003	$ 367,365

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jul. 02, 2011	Jan. 01, 2011
Condensed Consolidated Balance Sheets
Accounts receivable, allowances (in dollars)	$ 7,942	$ 7,036
Intangible assets, accumulated amortization (in dollars)	$ 6,230	$ 5,543
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, shares authorized	25,000,000	25,000,000
Common stock, shares issued	10,635,610	10,567,052
Common stock, shares outstanding	10,635,610	10,567,052

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jul. 02, 2011	May 14, 2010
Operating activities:
Net income (loss)	$ 8,497	$ (1,481)
Adjustments to reconcile net income (loss) to net cash used in operating activities, net of effect of acquired businesses:
Depreciation and amortization	2,673	2,737
Loss on disposal of property and equipment		17
Deferred rent	(1,699)	(731)
Deferred income taxes	(3,415)	(941)
(Gain) loss on extinguishment of convertible debentures	(3)	425
Share-based compensation expenses	3,197	3,118
Excess tax benefits from share-based compensation	(50)	(47)
Noncash interest from discount on convertible debentures	232	609
Changes in operating assets and liabilities:
Accounts receivable	(3,252)	8,398
Unbilled services	(10,005)	(655)
Prepaid expenses and other assets	(5,581)	5,889
Accounts payable, accrued expenses, and other liabilities	1,992	(26,820)
Net cash used in operating activities	(7,414)	(9,482)
Investing activities:
Consideration relating to acquisitions, net	(844)	(614)
Purchase of property and equipment	(4,514)	(1,086)
Purchase of investments	(31,543)	(53,751)
Sale of investments	17,059	36,310
Collections on notes receivable	64
Net cash used in investing activities	(19,778)	(19,141)
Financing activities:
Issuance of common stock, principally stock option exercises	620	596
Payments on notes payable	(370)
Extinguishment of convertible debentures	(21,880)	(14,944)
Tax withholding payment reimbursed by restricted shares	(705)	(902)
Excess tax benefits from share-based compensation	50	47
Repurchase of common stock	(1,368)	(236)
Repurchase of treasury stock by NeuCo, Inc.	(33)	(333)
Net cash used in financing activities	(23,686)	(15,772)
Effect of foreign exchange rates on cash and cash equivalents	534	225
Net decrease in cash and cash equivalents	(50,344)	(44,170)
Cash and cash equivalents at beginning of period	87,505	82,806
Cash and cash equivalents at end of period	37,161	38,636
Supplemental cash flow information:
Cash paid for income taxes	7,028	227
Cash paid for interest	$ 393	1,130
Noncash financing activity:
Repurchase of shares in exchange for notes receivable by NeuCo, Inc.		$ 422

Condensed Consolidated Statement of Shareholders' Equity - 6 months ended Jul. 02, 2011 - USD ($) $ in Thousands	Total	CRA International, Inc. Shareholders' Equity	Common Stock	Receivables from Shareholders	Retained Earnings	Accumulated Other Comprehensive Loss	Noncontrolling Interest	Comprehensive Income (Loss)
BALANCE at Jan. 01, 2011	$ 255,424	$ 254,754	$ 103,067	$ (1,400)	$ 158,749	$ (5,662)	$ 670
BALANCE (in shares) at Jan. 01, 2011			10,567,052
Increase (Decrease) in Shareholders' Equity
Net income (loss)	8,497	8,742			8,742		(245)	$ 8,497
Foreign currency translation adjustment	2,165	2,165				2,165		2,165
Comprehensive income (loss)	10,662	10,907			8,742	2,165	(245)	$ 10,662
Exercise of stock options	620	620	$ 620
Exercise of stock options (in shares)			47,009
Share-based compensation expense for employees	3,146	3,146	$ 3,146
Restricted share vesting (in shares)			102,723
Redemption of vested employee restricted shares for tax withholding	(705)	(705)	$ (705)
Redemption of vested employee restricted shares for tax withholding (in shares)			(29,340)
Tax benefit on stock options and restricted share vesting	6	6	$ 6
Payments received on notes receivable from shareholders	100	100		100
Shares repurchased	(1,368)	(1,368)	$ (1,368)
Shares repurchased (in shares)			(51,834)
Share-based compensation expense for non-employees	35	35	$ 35
Equity transactions of noncontrolling interest	16						16
BALANCE at Jul. 02, 2011	$ 267,936	$ 267,495	$ 104,801	$ (1,300)	$ 167,491	$ (3,497)	$ 441
BALANCE (in shares) at Jul. 02, 2011			10,635,610

Description of Business

6 Months Ended

Jul. 02, 2011

Description of Business

Description of Business

1. Description of Business

CRA International, Inc. (the "Company," or "CRA") is a worldwide leading consulting services firm that applies advanced analytic techniques and in-depth industry knowledge to complex engagements for a broad range of clients. CRA offers its services in two broad areas: litigation, regulatory and financial consulting and management consulting. CRA operates in one business segment, which is consulting services. CRA operates its business under its registered trade name, Charles River Associates.

Fiscal Year Change

6 Months Ended

Jul. 02, 2011

Fiscal Year Change

Fiscal Year Change

2. Fiscal Year Change

On December 17, 2010, the Company's Board of Directors approved a change in the Company's fiscal year end from the last Saturday in November to the Saturday nearest December 31 of each year. The fiscal year change is effective beginning with the 2011 fiscal year, which began January 2, 2011 and will end December 31, 2011. As a result of the change, the Company had a five-week transition period which began November 28, 2010 and ended January 1, 2011. The audited results of the five-week transition period were presented in the Company's Annual Report on Form 10-K that was filed on February 10, 2011.

The fiscal year change was not effective until after the completion of the 2010 fiscal year. Therefore, the prior year comparative financial and other information reported in the financial statements herein continue to be presented based on the Company's prior fiscal year end calendar. The Company has not prepared financial information for the thirteen and twenty-six weeks ended July 3, 2010 in this Form 10-Q because the information is not practical or cost beneficial to prepare. The Company's results for the second quarter of fiscal 2011, which was the thirteen-week period ended July 2, 2011, are compared to its results for the second quarter of fiscal 2010, which was the twelve-week period ended May 14, 2010; and the Company's results for the fiscal year to date period ended July 2, 2011, which was a twenty-six week period, are compared to its results for the fiscal year to date period ended May 14, 2010, which was a twenty-four week period. The comparisons are affected by the inclusion of thirteen and twenty-six weeks in the second quarter and fiscal year to date period of fiscal 2011, respectively, versus twelve weeks and twenty-four weeks in the second quarter and fiscal year to date period of fiscal 2010, respectively.

Unaudited Interim Condensed Consolidated Financial Statements and Estimates

6 Months Ended

Jul. 02, 2011

Unaudited Interim Condensed Consolidated Financial Statements and Estimates

Unaudited Interim Condensed Consolidated Financial Statements and Estimates

3. Unaudited Interim Condensed Consolidated Financial Statements and Estimates

The following financial statements included in this report are unaudited: the condensed consolidated statements of operations for the thirteen and twenty-six weeks ended July 2, 2011 and for the twelve and twenty-four weeks ended May 14, 2010, the condensed consolidated balance sheet as of July 2, 2011, the condensed consolidated statements of cash flows for the twenty-six weeks ended July 2, 2011 and for the twenty-four weeks ended May 14, 2010, and the condensed consolidated statement of shareholders' equity for the twenty-six weeks ended July 2, 2011. In the opinion of management, these statements include all adjustments necessary for a fair presentation of CRA's consolidated financial position, results of operations, and cash flows. The condensed consolidated balance sheet as of January 1, 2011 included in this report was derived from audited consolidated financial statements included in the Company's Annual Report on Form 10-K that was filed on February 10, 2011.

The preparation of financial statements in conformity with generally accepted accounting principles in the U.S. ("U.S. GAAP") requires management to make significant estimates and judgments that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities, at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Estimates in these consolidated financial statements include, but are not limited to, accounts receivable allowances, revenue recognition on fixed price contracts, depreciation of property and equipment, share-based compensation, valuation of acquired intangible assets, impairment of long lived assets, goodwill, accrued and deferred income taxes, valuation allowances on deferred tax assets, accrued compensation, accrued exit costs, and other accrued expenses. These items are monitored and analyzed by the Company for changes in facts and circumstances, and material changes in these estimates could occur in the future. Changes in estimates are recorded in the period in which they become known. CRA bases its estimates on historical experience and various other assumptions that CRA believes to be reasonable under the circumstances. Actual results may differ from those estimates if CRA's assumptions based on past experience or other assumptions do not turn out to be substantially accurate.

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

+ References + Details

Principles of Consolidation

6 Months Ended

Jul. 02, 2011

Principles of Consolidation

Principles of Consolidation

4. Principles of Consolidation

The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. In addition, the consolidated financial statements include the Company's interest in NeuCo, Inc. ("NeuCo"). All significant intercompany accounts have been eliminated.

CRA's ownership interest in NeuCo constitutes control under U.S. GAAP. Therefore, NeuCo's financial results have been consolidated with CRA and the portion of NeuCo's results allocable to its other owners is shown as "noncontrolling interest."

During the second quarter of fiscal 2010, NeuCo acquired $0.9 million of its outstanding shares. As a result of this transaction, the Company's ownership interest in NeuCo increased from 49.15% to 55.89%. The increase in the Company's ownership in NeuCo during the second quarter of fiscal 2010 was accounted for as an adjustment to shareholders' equity.

NeuCo's interim reporting schedule is based on calendar month-ends, but its fiscal year end is the last Saturday of November. Prior to CRA changing its fiscal year, the first three quarters of CRA's fiscal year could have included up to a three-week reporting lag between CRA's quarter end and the most recent financial statements available from NeuCo. Starting with the new fiscal year beginning January 2, 2011, CRA's quarterly results could include a few days reporting lag between CRA's quarter end and the most recent financial statements available from NeuCo. CRA does not believe that the reporting lag will have a significant impact on CRA's consolidated statements of operations or financial condition.

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 2-6
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Name Statement of Position (SOP)
-Publisher AICPA
-Number 94-6
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Name FASB Interpretation (FIN)
-Publisher FASB
-Number 46R
-Paragraph 4, 14, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section 50
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Reference 5: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 205
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
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-Topic 810
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-Name Accounting Standards Codification
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Reference 10: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 13: http://www.xbrl.org/2003/role/presentationRef
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Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS140-4/FIN46(R)-8
-Paragraph 8, C1, C7
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Recent Accounting Standards

6 Months Ended

Jul. 02, 2011

Recent Accounting Standards

Recent Accounting Standards

5. Recent Accounting Standards

Comprehensive Income

In June 2011, the Financial Accounting Standards Board (the "FASB") issued Accounting Standards Update 2011-05, Comprehensive Income (Topic 220): Presentation of Comprehensive Income ("ASU 2011-05"). The objective of ASU 2011-05 is to increase the prominence of items reported in other comprehensive income. The main provisions of ASU 2011-05 provide that an entity that reports items of other comprehensive income has the option to present comprehensive income in either one or two consecutive financial statements. The option in current U.S. GAAP that permits the presentation of other comprehensive income in the statement of changes in equity has been eliminated. ASU 2011-05 is effective for fiscal years, or interim periods within those years, beginning after December 15, 2011 and should be applied retrospectively. Early adoption is permitted. The Company believes the adoption of ASU 2011-05 will have no impact on its financial position, results of operations, cash flows, or disclosures.

Fair Value Measurements

In May 2011, the FASB issued Accounting Standards Update 2011-04, Fair Value Measurements (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs ("ASU 2011-04"). ASU 2011-04 does not require additional fair value measurements and is primarily a convergence of words between U.S. GAAP and IFRS. ASU 2011-04 is effective for the first interim or annual reporting period beginning on or after December 15, 2011, and the Company believes the adoption of ASU 2011-04 will have no impact on its financial position, results of operations, cash flows, or disclosures.

Goodwill

In December 2010, the FASB issued Accounting Standards Update 2010-28, Intangibles-Goodwill and Other (Topic 350): When to Perform Step 2 of the Goodwill Impairment Test for Reporting Units with Zero or Negative Carrying Amounts ("ASU 2010-28"). ASU 2010-28 clarifies the requirement to test for impairment of goodwill. Topic 350 requires that goodwill be tested for impairment if the carrying amount of a reporting unit exceeds its fair value. Under ASU 2010-28, when the carrying amount of a reporting unit is zero or negative, an entity must assume that it is more likely than not that a goodwill impairment exists, perform an additional test to determine whether goodwill has been impaired and calculate the amount of that impairment. The modifications to Topic 350 resulting from the issuance of ASU 2010-28 are effective for fiscal years beginning after December 15, 2010 and interim periods within those years. The adoption of the provisions of ASU 2010-28 had no effect on the Company's financial position, results of operations, cash flows, or disclosures.

Business Combinations

In December 2010, the FASB issued Accounting Standards Update 2010-29, Business Combinations (Topic 805): Disclosure of Supplementary Pro Forma Information for Business Combinations ("ASU 2010-29"), which requires a public entity to disclose pro forma information for business combinations that occurred in the current reporting period. The amendments in ASU 2010-29 are effective prospectively for business combinations for which the acquisition date is on or after the beginning of the first annual reporting period beginning on or after December 15, 2010. The adoption of the provisions of ASU 2010-29 had no effect on the Company's financial position, results of operations, cash flows, or disclosures.

- Definition

The entire disclosure for reporting accounting changes and error corrections. It includes the conveyance of information necessary for a user of the Company's financial information to understand all aspects and required disclosure information concerning all changes and error corrections reported in the Company's financial statements for the period.

+ References + Details

Cash, Cash Equivalents, and Short-Term Investments

6 Months Ended

Jul. 02, 2011

Cash, Cash Equivalents, and Short-Term Investments

Cash, Cash Equivalents, and Short-Term Investments

6. Cash, Cash Equivalents, and Short-Term Investments

Cash equivalents consist principally of money market funds, commercial paper, bankers' acceptances, and certificates of deposit with maturities of three months or less when purchased. As of July 2, 2011, a portion of the Company's cash accounts are concentrated at a single financial institution, which potentially exposes the Company to credit risks. As of July 2, 2011, the financial institution has generally stable credit ratings and the Company has not experienced any losses related to such accounts. The Company does not believe that there is significant risk of non-performance by the financial institution, the cash on deposit is fully liquid, and the Company continually monitors the credit ratings of such institution.

Short-term investments consist of commercial paper and have maturities of more than three months and less than one year when purchased. These short-term investments are expected to be held-to-maturity and are classified as such in the accompanying condensed consolidated financial statements. The carrying amounts of these instruments classified as cash equivalents and short-term investments are stated at amortized cost, which approximates fair value because of their short-term maturity. As of July 2, 2011, short-term investments included $14.5 million in corporate obligations. At January 1, 2011, CRA did not hold any short-term investments.

If a decline in fair value below the amortized cost basis of an investment is judged to be other-than-temporary, the cost basis of the investment is written down to fair value. For those investments for which the fair value of the investment is less than its amortized cost, the credit-related portion of other-than-temporary impairment losses is recognized in earnings while the noncredit-related portion is recognized in other comprehensive income, net of related taxes. The Company does not intend to sell such investments, if any, and it is more likely than not that it will not be required to sell such investments prior to the recovery of its amortized cost basis less any current period credit losses. During the second quarter and the fiscal year to date period ended July 2, 2011, the Company did not write-down any investment balances.

Revenue Recognition

6 Months Ended

Jul. 02, 2011

Revenue Recognition

Revenue Recognition

7. Revenue Recognition

CRA derives substantially all of its revenues from the performance of professional services. The contracts that CRA enters into and operates under specify whether the engagement will be billed on a time-and-materials or a fixed-price basis. Most of CRA's revenue is derived from time-and-materials service contracts. Revenues from time-and-materials service contracts are recognized as services are provided based upon hours worked and contractually agreed-upon hourly rates, as well as a computer services fee based upon hours worked. Revenues from the Company's fixed-price engagements are recognized on a proportional performance method based on the ratio of costs incurred, substantially all of which are labor-related, to the total estimated project costs.

Revenues also include reimbursable expenses, which include travel and other out-of-pocket expenses, outside consultants, and other reimbursable expenses. Reimbursable expenses are as follows (in thousands):

	Quarter Ended				Fiscal Year to Date Period Ended

	July 2, 2011 (13 weeks)		May 14, 2010 (12 weeks)		July 2, 2011 (26 weeks)		May 14, 2010 (24 weeks)
Reimbursable expenses	$	11,224	$	8,871	$	21,600	$	17,137

Goodwill

6 Months Ended

Jul. 02, 2011

Goodwill.

Goodwill

8. Goodwill

In accordance with Accounting Standards Codification ("ASC") Topic 350, "Intangibles—Goodwill and Other," goodwill is not subject to amortization, but is monitored at least annually for impairment, or more frequently, as necessary, if there are other indicators of impairment. For the Company's goodwill impairment analysis, the Company operates under one reporting unit. The Company completed the required annual impairment test during the fourth quarter of fiscal 2010 and determined that there was no impairment. The Company continues to monitor its market capitalization.

The changes in the carrying amount of goodwill for the fiscal year to date period ended July 2, 2011 are as follows (in thousands):


Balance at January 1, 2011	$	140,681
Effect of foreign currency translation adjustments		1,271

Balance at July 2, 2011	$	141,952

Indebtedness

6 Months Ended

Jul. 02, 2011

Indebtedness

Indebtedness

9. Indebtedness

In 2004, CRA completed a private placement of $90.0 million of 2.875% convertible senior subordinated debentures. On June 15, 2011, the Company repurchased 100% of the principal amount of the outstanding debentures plus accrued and unpaid interest, which amounted to $21.9 million and $0.3 million, respectively.

As of January 1, 2011, the principal amount of the outstanding convertible debentures totaled $21.9 million. The $21.7 million convertible debt balance as of January 1, 2011 represented the principal amount of $21.9 million, net of the unamortized debt discount totaling $0.2 million. As of July 2, 2011 and January 1, 2011, the carrying amount of the equity component of the convertible debentures was $7.7 million, respectively, and was included in common stock. The fair value of the Company's convertible debentures payable based upon dealer quotes at January 1, 2011 was approximately $21.7 million.

The effective interest rate for the second quarter of fiscal 2011 and 2010 was 5.7% and 5.6%, respectively. The effective interest rate for the fiscal year to date period ended July 2, 2011 and May 14, 2010 was 5.7% and 5.5%, respectively.

For the second quarter of fiscal 2011 and the fiscal year to date period ended July 2, 2011, the contractual interest, amortization of prepaid debt issuance costs, and amortization of the discount included in interest expense was $0.3 million and $0.6 million, respectively. For the second quarter of fiscal 2010 and the fiscal year to date period ended May 14, 2010, the contractual interest, amortization of prepaid debt issuance costs, and amortization of the discount included in interest expense was $0.7 million and $1.5 million, respectively.

The Company has a $60.0 million revolving line of credit with its bank that provides CRA with the additional flexibility to meet any unforeseen financial requirements. The amounts available under this revolving line of credit are constrained by various financial covenants and are reduced by certain letters of credit outstanding. As of July 2, 2011, there were no amounts outstanding under this revolving line of credit and $0.9 million in letters of credit were outstanding.

Net Income (Loss) per Share

6 Months Ended

Jul. 02, 2011

Net Income (Loss) per Share

Net Income (Loss) per Share

10. Net Income (Loss) per Share

Basic net income (loss) per share represents net income (loss) divided by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per share represents net income (loss) divided by the weighted average shares of common stock and common stock equivalents, if applicable, outstanding during the period. Common stock equivalents arise from stock options and unvested restricted shares, using the treasury stock method. Under the treasury stock method, the amount the Company will receive for the share awards, the amount of compensation cost for future service that the Company has not yet recognized, and the amount of tax benefits that would be recorded in common stock when the award becomes deductible are assumed to be used to repurchase shares at the average share price for each fiscal period. A reconciliation of basic to diluted weighted average shares of common stock outstanding is as follows (in thousands):

	Quarter Ended				Fiscal Year to Date Period Ended

	July 2, 2011 (13 weeks)		May 14, 2010 (12 weeks)		July 2, 2011 (26 weeks)		May 14, 2010 (24 weeks)
Basic weighted average shares outstanding		10,650		10,713		10,632		10,683
Common stock equivalents:
Stock options and restricted shares		170		—		178		—

Diluted weighted average shares outstanding		10,820		10,713		10,810		10,683

For the second quarter and fiscal year to date period ended July 2, 2011, certain share based awards, which amounted to 977,434 and 1,001,316 awards, respectively, were excluded from the calculation of common stock equivalents for purposes of computing diluted weighted average shares outstanding because they were anti-dilutive. For the quarter and fiscal year to date period ended May 14, 2010, all share based awards which amounted to 1,174,915 and 1,169,810 awards, respectively, were excluded from the calculation of common stock equivalents for purposes of computing diluted weighted average shares outstanding because they were anti-dilutive. Of these share based awards, approximately 143,000 and 163,000 common stock equivalents would have been dilutive had the Company reported net income for the quarter and fiscal year to date period ended May 14, 2010, respectively.

During the second quarter and fiscal year to date period ended July 2, 2011, CRA granted restricted share awards representing 17,580 shares of its common stock that were not vested as of July 2, 2011. During the second quarter and fiscal year to date period ended May 14, 2010, CRA granted restricted share awards representing 87,193 and 95,402 shares, respectively, of its common stock that were not vested as of May 14, 2010.

On July 6, 2010, the Company issued a press release announcing that its board of directors approved a share repurchase program of up to $5 million of the Company's common stock. During the second quarter and fiscal year to date period ended July 2, 2011, the Company purchased 51,834 shares under this plan at a total cost of $1.4 million. As of July 2, 2011, the Company has purchased 60,567 shares under this plan at an average price per share of approximately $25.38.

Comprehensive Income

6 Months Ended

Jul. 02, 2011

Comprehensive Income

Comprehensive Income

11. Comprehensive Income

A reconciliation of comprehensive income (loss) is as follows (in thousands):

	Fiscal Year to Date Period Ended

	July 2, 2011 (26 weeks)		May 14, 2010 (24 weeks)
Net income (loss)	$	8,497	$	(1,481	)
Change in foreign currency translation		2,165		(4,984	)

Comprehensive income (loss)	$	10,662	$	(6,465	)
Comprehensive loss attributable to noncontrolling interest		245		224

Comprehensive income (loss) attributable to CRA International, Inc.	$	10,907	$	(6,241	)

- Definition

The entire disclosure for comprehensive income. Includes, but is not limited to, the following: 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. Components of comprehensive income include: (1) foreign currency translation adjustments; (2) gains (losses) on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (3) gains (losses) on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (4) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (5) unrealized holding gains (losses) on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (6) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (7) the net gain (loss) and net prior service cost or credit for pension plans and other postretirement benefit plans.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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+ Details

Income Taxes

6 Months Ended

Jul. 02, 2011

Income Taxes

Income Taxes

12. Income Taxes

The Company's effective income tax rate was a provision of 40.3% and a benefit of 26.8% for the second quarter of fiscal 2011 and 2010, respectively. The effective tax rate for the second quarter of fiscal 2011 was consistent with the expected statutory rate. The effective tax rate in the second quarter of fiscal 2010 was lower than the statutory rate due to losses in foreign locations that could not be benefited.

The effective income tax rate was a provision of 40.3% and a benefit of 8.7% for the fiscal year to date period ended July 2, 2011 and May 14, 2010, respectively. The effective tax rate for the fiscal year to date period ended July 2, 2011 was consistent with the expected statutory rate. The effective income tax rate for the fiscal year to date period ended May 14, 2010 was lower than the statutory rate primarily due to losses in foreign locations that could not be benefited.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
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-Article 4

Reference 2: http://www.xbrl.org/2003/role/presentationRef
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+ Details

Accrued Expenses

6 Months Ended

Jul. 02, 2011

Accrued Expenses

Accrued Expenses

13. Accrued Expenses

Accrued expenses consist of the following (in thousands):

	July 2, 2011		January 1, 2011

Compensation and related expenses	$	45,011	$	42,762
Income taxes payable		2,838		1,185
Accrued interest		38		71
Other		4,578		5,340

Total	$	52,465	$	49,358

Restructuring Charges

6 Months Ended

Jul. 02, 2011

Restructuring Charges

Restructuring Charges

14. Restructuring Charges

During the second quarter of fiscal 2011, the Company incurred pre-tax expenses of $1.0 million associated principally with leased office space at its former Houston, TX office, which was closed during the second quarter of fiscal 2010. The Company recorded this expense in the second quarter of 2011 in selling, general and administrative expenses for a change in the estimate of the future minimum lease payments and related exit costs through the end of the remaining lease term, net of expected future sublease rental income measured at fair value. This estimated expense required management to make assumptions regarding the estimate of the duration of future vacancy periods, the amount and timing of future settlement payments, and the amount and timing of potential sublease income.

The restructuring expenses for the fiscal year to date period ended July 2, 2011 and the reserve balance as of July 2, 2011 were as follows (in thousands):

	Office Vacancies			Employee Workforce Reduction			Total Restructuring

Balance at January 1, 2011	$	4,476		$	951		$	5,427
Charges incurred in the fiscal year to date period ended July 2, 2011		1,020			—			1,020
Amounts paid in the fiscal year to date period ended July 2, 2011		(1,251	)		(608	)		(1,859	)
Adjustments and effect of foreign currency translation in the fiscal year to date period ended July 2, 2011		(37	)		(294	)		(331	)

Balance at July 2, 2011	$	4,208		$	49		$	4,257

On the accompanying balance sheet as of July 2, 2011, the reserve balance of $4.3 million was classified as follows: $2.9 million in "deferred rent and other non-current liabilities", $1.3 million in "current portion of deferred rent" and $0.1 million in "accrued expenses".

During the second quarter of fiscal 2010, the Company incurred pre-tax expenses of $5.0 million associated principally with employee workforce reductions of approximately $4 million, which were classified primarily in costs of sales, and office space reductions of approximately $1 million, which were classified primarily in selling, general and administrative expenses. These actions were designed to reduce costs, increase utilization, and better align staffing levels with revenue. The restructuring expenses for the fiscal year to date period ended May 14, 2010 and the reserve balance as of May 14, 2010 were as follows (in thousands):

	Divested Operations			Office Vacancies			Employee Workforce Reduction			Total Restructuring

Balance at November 28, 2009	$	55		$	2,158		$	1,266		$	3,479
Charges incurred in the fiscal year to date period ended May 14, 2010		(84	)		966			4,160			5,042
Amounts paid in the fiscal year to date period ended May 14, 2010		—			(768	)		(2,821	)		(3,589	)
Adjustments and effect of foreign currency translation in the fiscal year to date period ended May 14, 2010		218			(51	)		(34	)		133

Balance at May 14, 2010	$	189		$	2,305		$	2,571		$	5,065

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

+ References + Details

Compensation Arrangements

3 Months Ended

Jul. 02, 2011

Compensation Arrangements

Compensation Arrangements

15. Compensation Arrangements

In connection with a previous acquisition, CRA has agreed to pay an award to certain employees of the acquired business if they achieve specific performance targets through fiscal 2012. Retention of amounts paid to the individual employees is contingent on their continued employment with CRA through 2016. As of July 2, 2011, based upon performance to date and expected performance in the future, the amount of the award is estimated to be approximately $12 million and is being expensed over the seven and a half year service period. The amount of the award could fluctuate depending on future performance. Any payments under this award would be made in fiscal 2013.

- Definition

The entire disclosure for compensation costs, including compensated absences accruals, compensated absences liability, deferred compensation arrangements and income statement compensation items. Deferred compensation arrangements may include a description of an arrangement with an individual employee, which is generally an employment contract between the entity and a selected officer or key employee containing a promise by the employer to pay certain amounts at designated future dates, usually including a period after retirement, upon compliance with stipulated requirements. This type of arrangement is distinguished from broader based employee benefit plans as it is usually tailored to the employee. Disclosure also typically includes the amount of related compensation expense recognized during the reporting period, the number of shares (units) issued during the period under such arrangements, and the carrying amount as of the balance sheet date of the related liability.

+ References + Details

Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jul. 02, 2011	Aug. 05, 2011
Document and Entity Information
Entity Registrant Name	CRA INTERNATIONAL, INC.
Entity Central Index Key	0001053706
Document Type	10-Q
Document Period End Date	Jul. 02, 2011
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		10,792,028
Document Fiscal Year Focus	2011
Document Fiscal Period Focus	Q2