Quarterly report pursuant to Section 13 or 15(d)

Variable Interest Entity (Tables)

v3.4.0.3
Variable Interest Entity (Tables)
 3 Months Ended
Apr. 02, 2016
Variable Interest Entity  
Summary of assets and liabilities
The following table summarizes the assets and liabilities of AAP as of April 2, 2016, and January 2, 2016:
 
April 2,
2016
 
January 2,
2016
Assets
 

 
 

Current assets
$
1,289

 
$
696

Property and equipment, net
7,891

 
8,077

Other assets
83

 
83

Total Assets
$
9,263

 
$
8,856

Liabilities
 

 
 

Accounts payable (a)
$
1,831

 
$
1,872

Accrued expenses
1,199

 
399

Current maturities of long-term debt obligations
1,048

 
946

Long-term debt obligations, net of current maturities
3,390

 
3,439

Other liabilities (b)
712

 
759

Total Liabilities
$
8,180

 
$
7,415

Summary of operating results
The following table summarizes the operating results of AAP for the three months ended April 2, 2016, and April 4, 2015:
 
 
Three Months Ended
 
 
April 2,
2016
 
April 4,
2015
Revenues
 
$
1,715

 
$
1,850

Gross profit
 
152

 
6

Operating loss
 
(274
)
 
(516
)
Net loss
 
(358
)
 
(570
)