Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited)

v3.7.0.1
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jul. 01, 2017
Jul. 02, 2016
Jul. 01, 2017
Jul. 02, 2016
Income Statement [Abstract]        
Revenues $ 25,782 $ 24,756 $ 49,021 $ 50,101
Costs of revenues 17,063 18,320 34,279 37,474
Gross profit 8,719 6,436 14,742 12,627
Operating expenses:        
Selling, general and administrative expenses 6,134 7,529 13,866 14,507
Operating income (loss) 2,585 (1,093) 876 (1,880)
Other income (expense):        
Gain on the sale of property 0 0 5,163 0
Interest expense, net (132) (304) (429) (587)
Other income (expense) 62 (26) 67 94
Total other income (expense), net (70) (330) 4,801 (493)
Income (loss) before provision for income taxes 2,515 (1,423) 5,677 (2,373)
Total provision (benefit) for income taxes 602 758 1,819 438
Net income (loss) 1,913 (2,181) 3,858 (2,811)
Net loss attributed to noncontrolling interest 150 78 413 257
Net income (loss) attributed to controlling interest $ 2,063 $ (2,103) $ 4,271 $ (2,554)
Earnings (loss) per share:        
Basic and Diluted $ 0.31 $ (0.35) $ 0.64 $ (0.43)
Diluted $ 0.31 $ (0.35) $ 0.64 $ (0.43)
Weighted average common shares outstanding:        
Basic 6,655 5,929 6,655 5,915
Diluted 6,687 5,929 6,706 5,915
Net income (loss) $ 1,913 $ (2,181) $ 3,858 $ (2,811)
Other comprehensive income (loss), net of tax:        
Effect of foreign currency translation adjustments 23 24 36 43
Total other comprehensive income (loss), net of tax 23 24 36 43
Comprehensive income (loss) 1,936 (2,157) 3,894 (2,768)
Comprehensive loss attributable to noncontrolling interest 150 78 413 257
Comprehensive income (loss) attributable to controlling interest $ 2,086 $ (2,079) $ 4,307 $ (2,511)