Annual report pursuant to Section 13 and 15(d)

Significant Accounting Policies (Tables)

v2.4.0.8
Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 28, 2013
Accounting Policies [Abstract]  
Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Table Text Block]
Based on the value of options outstanding as of December 28, 2013, estimated future share-based compensation expense is as follows:
Fiscal year 2014
$
159

Fiscal year 2015
97

Fiscal year 2016
19

 
$
275

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
Fiscal year 2014
$
111

Fiscal year 2015
50

Fiscal year 2016
13

 
$
174

Schedule of inventories, consisting principally of appliances, are stated at the lower of cost, determined on a specific identification basis, or market
Inventories:  Inventories, consisting principally of appliances, are stated at the lower of cost, determined on a specific identification basis, or market and consist of the following as of December 28, 2013, and December 29, 2012: 
 
December 28,
2013
 
December 29,
2012
Appliances held for resale
$
16,449

 
$
17,768

Processed metals to be sold from recycled appliances
380

 
188

Less provision for inventory obsolescence
(175
)
 
(682
)
 
$
16,654

 
$
17,274

Schedule of property and equipment
Property and equipment consists of the following as of December 28, 2013, and December 29, 2012:
 
Useful Life (Years)
 
December 28,
2013
 
December 29,
2012
Land
—
 
$
1,140

 
$
1,140

Buildings and improvements
18-30
 
3,273

 
3,429

Equipment (including computer software)
3-15
 
20,561

 
20,158

Projects under construction
—
 
63

 
63

 
 
 
25,037

 
24,790

Less accumulated depreciation and amortization
 
 
(13,613
)
 
(12,542
)
 
 
 
$
11,424

 
$
12,248

Schedule of warranty accrual
Changes in our warranty accrual, presented as a component of accrued expenses on the consolidated balance sheets, for the fiscal years ended December 28, 2013, and December 29, 2012, are as follows:
 
For the fiscal years ended
 
December 28,
2013
 
December 29,
2012
Beginning Balance
$
47

 
$
71

Standard accrual based on units sold
40

 
43

Actual costs incurred
(16
)
 
(16
)
Periodic accrual adjustments
(37
)
 
(51
)
Ending Balance
$
34

 
$
47

Schedule of reconciliation of the denominator in the basic and diluted income or loss per share
A reconciliation of the denominator in the basic and diluted income or loss per share is as follows:
 
For the fiscal year ended
 
December 28, 2013
 
December 29, 2012
Numerator:
 
 
 
Net income (loss) attributable to controlling interest
$
3,318

 
$
(3,852
)
Denominator:
 
 
 

Weighted average common shares outstanding - basic
5,562

 
5,551

Employee stock options
7

 
—

Stock warrants
173

 
—

Weighted average common shares outstanding - diluted
5,742

 
5,551

 
 
 
 
Income (loss) per common share:
 

 
 

Basic
$
0.60

 
$
(0.69
)
Diluted
$
0.58

 
$
(0.69
)