Quarterly report pursuant to Section 13 or 15(d)

Significant Accounting Policies (Tables)

v2.4.0.8
Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 28, 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 June 28, 2014, estimated future share-based compensation expense is as follows:
Fiscal year 2014
215

Fiscal year 2015
191

Fiscal year 2016
113

Fiscal year 2017
15

 
$
534

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:
 
June 28,
2014
 
December 28,
2013
Appliances held for resale
$
17,116

 
$
16,449

Processed metals from recycled appliances held for resale
456

 
380

Less provision for inventory obsolescence
(227
)
 
(175
)
 
$
17,345

 
$
16,654

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

 
$
1,140

Buildings and improvements
3,281

 
3,273

Equipment (including computer software)
21,412

 
20,561

Projects under construction
91

 
63

 
25,924

 
25,037

Less accumulated depreciation and amortization
(14,206
)
 
(13,613
)
 
$
11,718

 
$
11,424

Schedule of warranty accrual
Changes in our warranty accrual are as follows:
 
Three Months Ended
 
Six Months Ended
 
June 28,
2014
 
June 29,
2013
 
June 28,
2014
 
June 29,
2013
Beginning Balance
$
30

 
$
42

 
$
34

 
$
47

Standard accrual based on units sold
10

 
15

 
16

 
26

Actual costs incurred
(4
)
 
(4
)
 
(8
)
 
(8
)
Periodic accrual adjustments
(5
)
 
(12
)
 
(11
)
 
(24
)
Ending Balance
$
31

 
$
41

 
$
31

 
$
41

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
 
Six Months Ended
 
June 28,
2014
 
June 29,
2013
 
June 28,
2014
 
June 29,
2013
Numerator:
 

 
 

 
 

 
 

Net income attributable to controlling interest
$
592

 
$
768

 
$
1,563

 
$
952

 
 
 
 
 
 
 
 
Denominator:
 

 
 

 
 

 
 

Weighted average shares outstanding — basic
5,581

 
5,556

 
5,579

 
5,556

Employee stock options
111

 
—

 
101

 
—

Stock warrants
200

 
153

 
197

 
140

Weighted average shares outstanding — diluted
5,892

 
5,709

 
5,877

 
5,696

 
 
 
 
 
 
 
 
Income per share:
 

 
 

 
 

 
 

Basic
$
0.11

 
$
0.14

 
$
0.28

 
$
0.17

Diluted
$
0.10

 
$
0.13

 
$
0.27

 
$
0.17