Quarterly report pursuant to Section 13 or 15(d)

7. Note receivable - sale of discontinued operations (Tables)

v3.10.0.1
7. Note receivable - sale of discontinued operations (Tables)
 6 Months Ended
Jun. 30, 2018
Notes to Financial Statements  
Note receivable - sale of discontinued operations

FINANCIAL INFORMATION FOR HELD FOR SALE AND DISCONTINUED OPERATIONS (In Thousands)

 

    13 Weeks     13 Weeks     26 Weeks     26 Weeks  
    Ended     Ended     Ended     Ended  
    June 30, 2018     July 1, 2017     June 30, 2018     July 1, 2017  
Revenue   $ –     $ 15,038     $ –     $ 30,827  
Cost of revenue     –       10,308       –       21,890  
Gross profit     –       4,730       –       8,937  
Selling, general and administrative expense     –       3,722       –       8,007  
Operating (loss) - discontinued operations     –       1,008       –       930  
Other income     –       238       –       238  
Other expense     –       –       –       –  
Net income - discontinued operations before income tax provision     –       1,246       –       1,168  
Income tax provision     –       394       –       373  
Net income - discontinued operations, net of tax   $ –     $ 852     $ –     $ 795