JanOne Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Nature of Business and Basis of Presentation (Policies)
- Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Significant Accounting Policies (Details 1)

v2.4.0.8

Significant Accounting Policies (Details 1) (USD $) In Thousands, unless otherwise specified	Dec. 28, 2013	Dec. 29, 2012
Accounting Policies [Abstract]
Goodwill	$ 38	$ 38
Share Based Compensation Arrangement by Share Based Payment Award Estimated Remaining Compensation Cost after Next Fiscal Year	159
Share Based Compensation Arrangement by Share Based Payment Award Estimated Remaining Compensation Cost after Second Fiscal Year	97
Share Based Compensation Arrangement by Share Based Payment Award Estimated Remaining Compensation Cost after Third Fiscal Year	19
Estimated share-based compensation expenses in 2013	275
Inventories
Appliances held for resale	16,449	17,768
Processed metals from recycled appliances held for resale	380	188
Less provision for inventory obsolescence	(175)	(682)
Inventory, Net	$ 16,654	$ 17,274

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Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions.

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The amount of the valuation account as of the balance sheet date which reduces the carrying amount of inventory to net realizable value; takes into consideration such factors as market value, excessive quantities based on expected sales, technological obsolescence, and shrinkage. May also provide for estimated product returns or price concessions pertaining to product cost.

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