Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v2.4.1.9
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jan. 03, 2015
Dec. 28, 2013
Current assets:    
Cash and cash equivalents $ 3,523us-gaap_CashAndCashEquivalentsAtCarryingValue $ 1,948us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable, net of allowance of $27 and $8, respectively 10,954us-gaap_AccountsReceivableNetCurrent 12,278us-gaap_AccountsReceivableNetCurrent
Inventories, net of reserves of $175 and $682, respectively 16,113us-gaap_InventoryNet 16,654us-gaap_InventoryNet
Income taxes receivable 709us-gaap_IncomeTaxesReceivable 82us-gaap_IncomeTaxesReceivable
Other current assets 1,096us-gaap_PrepaidExpenseCurrent 622us-gaap_PrepaidExpenseCurrent
Deferred income tax assets 2,082us-gaap_DeferredTaxAssetsNetCurrent 1,807us-gaap_DeferredTaxAssetsNetCurrent
Total current assets 34,477us-gaap_AssetsCurrent 33,391us-gaap_AssetsCurrent
Property and equipment, net 11,761us-gaap_PropertyPlantAndEquipmentNet 11,424us-gaap_PropertyPlantAndEquipmentNet
Restricted cash 0us-gaap_RestrictedCashAndCashEquivalents 500us-gaap_RestrictedCashAndCashEquivalents
Other assets 708us-gaap_OtherAssetsNoncurrent 927us-gaap_OtherAssetsNoncurrent
Deferred income tax assets 14us-gaap_DeferredTaxAssetsNetNoncurrent 21us-gaap_DeferredTaxAssetsNetNoncurrent
Total assets 46,960us-gaap_Assets 46,263us-gaap_Assets
Current liabilities:    
Accounts payable 6,380us-gaap_AccountsPayableCurrent 5,880us-gaap_AccountsPayableCurrent
Accrued expenses 8,133us-gaap_AccruedLiabilitiesCurrent 7,886us-gaap_AccruedLiabilitiesCurrent
Line of credit 9,237us-gaap_LinesOfCreditCurrent 9,661us-gaap_LinesOfCreditCurrent
Current maturities of long-term obligations 1,138us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent 1,131us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent
Total current liabilities 24,888us-gaap_LiabilitiesCurrent 24,558us-gaap_LiabilitiesCurrent
Long-term obligations, less current maturities 5,118us-gaap_LongTermDebtAndCapitalLeaseObligations 5,447us-gaap_LongTermDebtAndCapitalLeaseObligations
Other liabilities 369us-gaap_OtherLiabilitiesNoncurrent 518us-gaap_OtherLiabilitiesNoncurrent
Deferred tax income liabilities 1,048us-gaap_DeferredTaxLiabilitiesNoncurrent 1,092us-gaap_DeferredTaxLiabilitiesNoncurrent
Total liabilities 31,423us-gaap_Liabilities 31,615us-gaap_Liabilities
Commitments and contingencies      
Shareholders' equity:    
Common Stock, no par value; 10,000 shares authorized; issued and outstanding: 5,571 shares and 5,556 shares, respectively 21,137us-gaap_CommonStockValue 20,846us-gaap_CommonStockValue
Accumulated deficit (6,860)us-gaap_RetainedEarningsAccumulatedDeficit (7,631)us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive loss (675)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (478)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total shareholders' equity 13,602us-gaap_StockholdersEquity 12,737us-gaap_StockholdersEquity
Noncontrolling interest 1,935us-gaap_MinorityInterest 1,911us-gaap_MinorityInterest
Total equity 15,537us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 14,648us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and shareholders' equity $ 46,960us-gaap_LiabilitiesAndStockholdersEquity $ 46,263us-gaap_LiabilitiesAndStockholdersEquity