Quarterly report pursuant to Section 13 or 15(d)

Variable Interest Entity (Tables)

v2.4.0.6
Variable Interest Entity (Tables)
 9 Months Ended
Sep. 29, 2012
Variable Interest Entity  
Summary of assets and liabilities
The following table summarizes the assets and liabilities of AAP as of September 29, 2012 and December 31, 2011:
 
 
 
September 29,
2012
 
December 31,
2011
Assets
 
 

 
 

Current assets
 
$
780

 
$
1,134

Property and equipment, net
 
9,174

 
9,419

Goodwill
 
1,082

 
1,082

Other assets
 
152

 
136

 
 
$
11,188

 
$
11,771

Liabilities
 
 

 
 

Accounts payable
 
$
549

 
$
858

Accrued expenses
 
161

 
250

Current maturities of long-term debt obligations
 
624

 
593

Long-term debt obligations, net of current maturities
 
4,600

 
5,022

Other liabilities (a)
 
849

 
647

 
 
$
6,783

 
$
7,370

 
(a)          Other liabilities represent loans between ARCA and AAP that are eliminated in consolidation.
Summary of operating results
The following table summarizes the operating results of AAP for the three and nine months ended September 29, 2012 and October 1, 2011:
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 29,
2012
 
October 1,
2011
 
September 29,
2012
 
October 1,
2011
Revenues
 
$
2,956

 
$
3,042

 
$
8,389

 
$
8,278

Gross profit (loss)
 
(15
)
 
45

 
536

 
587

Operating income (loss)
 
(71
)
 
(3
)
 
284

 
376