Quarterly report pursuant to Section 13 or 15(d)

Significant Accounting Policies (Tables)

v2.4.0.8
Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 29, 2014
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 March 29, 2014, estimated future share-based compensation expense is as follows:
Fiscal year 2014
190

Fiscal year 2015
191

Fiscal year 2016
113

Fiscal year 2017
16

 
$
510

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:
 
March 29,
2014
 
December 28,
2013
Appliances held for resale
$
16,239

 
$
16,449

Processed metals from recycled appliances held for resale
195

 
380

Less provision for inventory obsolescence
(227
)
 
(175
)
 
$
16,207

 
$
16,654

Schedule of property and equipment
Property and equipment:  Property and equipment consists of the following:
 
March 29,
2014
 
December 28,
2013
Land
$
1,140

 
$
1,140

Buildings and improvements
3,271

 
3,273

Equipment (including computer software)
20,666

 
20,561

Projects under construction
72

 
63

 
25,149

 
25,037

Less accumulated depreciation and amortization
(13,891
)
 
(13,613
)
 
$
11,258

 
$
11,424

Schedule of warranty accrual
Changes in our warranty accrual are as follows:
 
Three Months Ended
 
March 29,
2014
 
March 30,
2013
Beginning Balance
$
34

 
$
47

Standard accrual based on units sold
6

 
11

Actual costs incurred
(4
)
 
(4
)
Periodic accrual adjustments
(6
)
 
(12
)
Ending Balance
$
30

 
$
42

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:
 
Three Months Ended
 
March 29,
2014
 
March 30,
2013
Numerator:
 

 
 

Net income attributable to controlling interest
$
971

 
$
184

 
 
 
 
Denominator:
 

 
 

Weighted average shares outstanding — basic
5,577

 
5,556

Employee stock options
81

 
—

Stock warrants
194

 
122

Weighted average shares outstanding — diluted
5,852

 
5,678

 
 
 
 
Income per share:
 

 
 

Basic
$
0.17

 
$
0.03

Diluted
$
0.17

 
$
0.03