Annual report pursuant to Section 13 and 15(d)

Significant Accounting Policies (Tables)

v3.3.1.900
Significant Accounting Policies (Tables)
 12 Months Ended
Jan. 02, 2016
Accounting Policies [Abstract]  
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
Estimated future amortization expense is as follows:
Fiscal year 2016
$
100

Fiscal year 2017
64

Fiscal year 2018
20

 
$
184

Schedule of inventories, consisting principally of appliances, are stated at the lower of cost, determined on a specific identification basis, or market
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 January 2, 2016, and January 3, 2015: 
 
January 2,
2016
 
January 3,
2015
Appliances held for resale
$
16,360

 
$
15,511

Processed metals to be sold from recycled appliances
367

 
571

Other
6

 
31

 
$
16,733

 
$
16,113

Schedule of property and equipment
Property and equipment consists of the following as of January 2, 2016 and January 3, 2015:
 
Useful Life (Years)
 
January 2,
2016
 
January 3,
2015
Land
—
 
$
1,140

 
$
1,140

Buildings and improvements
18-30
 
3,714

 
3,321

Equipment (including computer software)
3-15
 
19,040

 
18,915

Projects under construction
—
 
143

 
440

 
 
 
24,037

 
23,816

Less accumulated depreciation and amortization
 
 
(13,052
)
 
(12,055
)
 
 
 
$
10,985

 
$
11,761

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 January 2, 2016 and January 3, 2015 are as follows:
 
For the fiscal years ended
 
January 2,
2016
 
January 3,
2015
Beginning balance
$
30

 
$
34

Standard accrual based on units sold
45

 
31

Actual costs incurred
(16
)
 
(16
)
Periodic accrual adjustments
(17
)
 
(19
)
Ending balance
$
42

 
$
30

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 (loss) per share is as follows:
 
For the fiscal year ended
 
January 2, 2016
 
January 3, 2015
Numerator:
 
 
 
Net income (loss) attributable to controlling interest
$
(2,717
)
 
$
771

Denominator:
 
 
 

Weighted average common shares outstanding - basic
5,833

 
5,676

Employee stock options
—

 
104

Weighted average common shares outstanding - diluted
5,833

 
5,780

 
 
 
 
Income (loss) per common share:
 

 
 

Basic
$
(0.47
)
 
$
0.14

Diluted
$
(0.47
)
 
$
0.13