Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.7.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 01, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 7,198 $ 6,643
Short-term investments 8 30
Accounts receivable, net of allowances of $36 at both April 1, 2017 and December 31, 2016 3,161 3,266
Inventory 57,186 50,904
Other current assets 2,824 2,815
Total current assets 70,377 63,658
Property and equipment, net 16,044 16,478
Intangible assets, net 857 969
Other non-current assets 887 1,029
Total assets 88,165 82,134
Current liabilities:    
Accounts payable 43,334 33,697
Accrued expenses 7,823 6,860
Current portion of capital leases payable 550 542
Customer deposits 3,463 3,718
Other current liabilities 2,099 1,972
Total current liabilities 57,269 46,789
Capital leases payable, net of current portion 9,626 9,770
Deferred income taxes 0 156
Other non-current liabilities 2,049 2,097
Total liabilities 68,944 58,812
Commitments and contingencies
Stockholders’ equity:    
Series A convertible preferred stock, $0.001 par value; $1.45 per share liquidation value or aggregate of $6,017; 4,150 shares authorized; 4,150 shares issued and outstanding at April 1, 2017 and December 31, 2016 4 4
Common stock, $0.001 par value; 100,000 shares authorized; 34,323 and 35,068 shares issued and outstanding at April 1, 2017 and December 31, 2016 35 35
Treasury stock (3,630) (1,376)
Additional paid-in capital 178,845 180,153
Accumulated other comprehensive income 555 557
Accumulated deficit (156,588) (156,520)
Total stockholders’ equity 19,221 22,853
Noncontrolling interest 0 469
Total equity 19,221 23,322
Total liabilities and stockholders’ equity $ 88,165 $ 82,134