Quarterly report pursuant to Section 13 or 15(d)

Variable Interest Entity (Tables)

v3.2.0.727
Variable Interest Entity (Tables)
 6 Months Ended
Jul. 04, 2015
Variable Interest Entity  
Summary of assets and liabilities
The following table summarizes the assets and liabilities of AAP as of July 4, 2015, and January 3, 2015:
 
July 4,
2015
 
January 3,
2015
Assets
 

 
 

Current assets
$
633

 
$
912

Property and equipment, net
8,426

 
8,775

Other assets
142

 
127

Total Assets
$
9,201

 
$
9,814

Liabilities
 

 
 

Accounts payable
$
994

 
$
923

Accrued expenses
274

 
199

Current maturities of long-term debt obligations
779

 
795

Long-term debt obligations, net of current maturities
3,795

 
3,737

Other liabilities (a)
289

 
289

Total Liabilities
$
6,131

 
$
5,943

Summary of operating results
The following table summarizes the operating results of AAP for the three months and six months ended July 4, 2015, and June 28, 2014:
 
Three Months Ended
 
Six Months Ended
 
July 4,
2015
 
June 28,
2014
 
July 4,
2015
 
June 28,
2014
Revenues
$
2,028

 
$
2,628

 
$
3,878

 
$
5,452

Gross profit
297

 
546

 
303

 
1,436

Operating income (loss)
(166
)
 
51

 
(682
)
 
393

Net income (loss)
(230
)
 
(17
)
 
(800
)
 
257