Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited)

v3.5.0.2
Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jul. 02, 2016
Jul. 04, 2015
Jul. 02, 2016
Jul. 04, 2015
Revenues:        
Retail $ 16,096 $ 17,494 $ 32,666 $ 34,592
Recycling 6,413 9,366 13,349 17,189
Byproduct 2,247 3,304 4,086 5,921
Total revenues 24,756 30,164 50,101 57,702
Costs of revenues 18,320 22,287 37,474 43,957
Gross profit 6,436 7,877 12,627 13,745
Selling, general and administrative expenses 7,529 7,255 14,507 15,123
Operating income (loss) (1,093) 622 (1,880) (1,378)
Other income (expense):        
Interest expense, net (304) (245) (587) (566)
Other income (expense), net (26) 8 94 (141)
Income (loss) before income taxes and noncontrolling interest (1,423) 385 (2,373) (2,085)
Provision for (benefit of) income taxes 758 (101) 438 (586)
Net income (loss) (2,181) 486 (2,811) (1,499)
Net loss attributable to noncontrolling interest 78 116 257 401
Net income (loss) attributable to controlling interest $ (2,103) $ 602 $ (2,554) $ (1,098)
Income (loss) per common share:        
Basic $ (0.35) $ 0.10 $ (0.43) $ (0.19)
Diluted $ (0.35) $ 0.10 $ (0.43) $ (0.19)
Weighted average common shares outstanding:        
Basic 5,929 5,801 5,915 5,798
Diluted 5,929 5,802 5,915 5,798
Net income (loss) $ (2,181) $ 486 $ (2,811) $ (1,499)
Other comprehensive income (loss), net of tax:        
Effect of foreign currency translation adjustments 24 (15) 43 (133)
Total other comprehensive income (loss), net of tax 24 (15) 43 (133)
Comprehensive income (loss) (2,157) 471 (2,768) (1,632)
Comprehensive loss attributable to noncontrolling interest 78 116 257 401
Comprehensive income (loss) attributable to controlling interest $ (2,079) $ 587 $ (2,511) $ (1,231)