Quarterly report pursuant to Section 13 or 15(d)

13. Segment Information

v3.5.0.2
13. Segment Information
 6 Months Ended
Jul. 02, 2016
Segment Reporting [Abstract]  
13. Segment Information

We operate within targeted markets through two reportable segments: retail and recycling. The retail segment is comprised of income generated through our ApplianceSmart stores, which includes appliance sales and byproduct revenues from collected appliances. The recycling segment includes all fees charged and costs incurred for collecting, recycling and installing appliances for utilities and other customers and includes byproduct revenue, which is primarily generated through the recycling of appliances. We have included the results from consolidating AAP in our recycling segment. The nature of products, services and customers for both segments varies significantly. As such, the segments are managed separately. Our Chief Executive Officer has been identified as the Chief Operating Decision Maker (“CODM”). The CODM evaluates performance and allocates resources based on revenues and income from operations of each segment.  Income from operations represents revenues less cost of revenues and operating expenses, including certain allocated selling, general and administrative costs. There are no inter-segment sales or transfers.

  

The following tables present our segment information for periods indicated:

 

    Three Months Ended     Six Months Ended  
    July 2, 2016     July 4, 2015     July 2, 2016     July , 2015  
Revenues:                                
Retail   $ 16,294     $ 17,713     $ 32,943     $ 34,933  
Recycling     8,462       12,451       17,158       22,769  
Total revenues   $ 24,756     $ 30,164     $ 50,101     $ 57,702  
                                 
Operating income (loss):                                
Retail   $ (487 )   $ (20 )   $ (437 )   $ (636 )
Recycling     (469 )     820       (1,232 )     (357 )
Unallocated corporate     (137 )     (178 )     (211 )     (385 )
Total operating income (loss)   $ 1,093     $ 622     $ (1,880 )   $ (1,378 )
                                 
Cash capital expenditures:                                
Retail   $ (10 )   $ 9     $ 9     $ 38  
Recycling     20       32       87       47  
Corporate assets not allocable     46       86       97       124  
Total cash capital expenditures   $ 56     $ 127     $ 193     $ 209  
                                 
Depreciation and amortization:                                
Retail   $ 51     $ 47     $ 105     $ 96  
Recycling     219       217       454       436  
Unallocated corporate     39       54       75       116  
Total depreciation and amortization   $ 309     $ 318     $ 634     $ 648