Annual report pursuant to Section 13 and 15(d)

8. Inventory

8. Inventory
12 Months Ended
Dec. 29, 2018
Inventory Disclosure [Abstract]  

Note 8:       Inventory


Inventories of continuing operations, 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 December 29, 2018 and December 30, 2017:


    December 29, 2018     December 30, 2017  
Appliances held for resale   $ 801     $ 762  


We provide estimated provisions for the obsolescence of our appliance inventories, including adjustments to market, based on various factors, including the age of such inventory and our management’s assessment of the need for such provisions. We look at historical inventory aging reports and margin analyses in determining our provision estimate. A revised cost basis is used once a provision for obsolescence is recorded.