Quarterly report pursuant to Section 13 or 15(d)

13. Segment Information

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13. Segment Information
 9 Months Ended
Oct. 01, 2016
Segment Reporting [Abstract]  
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     Nine Months Ended  
    October 1, 2016     October 3, 2015     October 1, 2016     October 3, 2015  
Revenues:                                
Retail   $ 15,321     $ 16,430     $ 48,264     $ 51,363  
Recycling     12,035       11,699       29,193       34,468  
Total revenues   $ 27,356     $ 28,129     $ 77,457     $ 85,831  
                                 
Operating income (loss):                                
Retail   $ (112 )   $ (200 )   $ (549 )   $ (836 )
Recycling     1,614       (708 )     382       (1,065 )
Unallocated corporate     (87 )     (200 )     (298 )     (585 )
Total operating income (loss)   $ 1,415     $ (1,108 )   $ (465 )   $ (2,486 )
                                 
Cash capital expenditures:                                
Retail   $ –     $ 34     $ 9     $ 72  
Recycling     20       (4 )     107       43  
Corporate assets not allocable     31       33       128       157  
Total cash capital expenditures   $ 51     $ 63     $ 244     $ 272  
                                 
Depreciation and amortization:                                
Retail   $ 46     $ 46     $ 151     $ 142  
Recycling     218       216       672       652  
Unallocated corporate     38       57       113       174  
Total depreciation and amortization   $ 302     $ 319     $ 936     $ 968