Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations and Comprehensive Operations

v3.7.0.1
Consolidated Statements of Operations and Comprehensive Operations - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2016
Jan. 02, 2016
Jan. 03, 2015
Income Statement [Abstract]      
Net sales $ 303,571 $ 291,091 $ 283,508
Cost of sales [1] 211,289 207,657 205,058
Gross profit 92,282 83,434 78,450
Operating expenses:      
Marketing 43,555 43,279 42,008
General and administrative 17,907 16,509 16,701
Fulfillment 22,975 20,237 20,368
Technology 5,843 5,000 4,863
Amortization of intangible assets 482 464 422
Impairment loss on intangible assets 1,130 0 0
Total operating expenses 91,892 85,489 84,362
Income (loss) from operations 390 (2,055) (5,912)
Other income (expense):      
Other income, net 46 36 65
Interest expense (1,238) (1,216) (1,101)
Total other expense, net (1,192) (1,180) (1,036)
Loss before income taxes (802) (3,235) (6,948)
Income tax (benefit) provision (199) (811) 138
Net loss including noncontrolling interests (603) (2,424) (7,086)
Net loss attributable to noncontrolling interests (1,334) (1,143) (207)
Net income (loss) attributable to U.S. Auto Parts 731 (1,281) (6,879)
Other comprehensive income attributable to U.S. Auto Parts, net of tax:      
Foreign currency translation adjustments 9 36 20
Actuarial gain (loss) on defined benefit plan 110 44 (106)
Unrealized loss on investments (2) 0 0
Total other comprehensive income (loss) attributable to U.S. Auto Parts 117 80 (86)
Comprehensive income (loss) attributable to U.S. Auto Parts $ 848 $ (1,201) $ (6,965)
Basic net income (loss) per share (in dollars per share) $ 0.01 $ (0.04) $ (0.21)
Diluted net income (loss) per share (in dollars per share) $ 0.01 $ (0.04) $ (0.21)
Shares used in computation of basic net income (loss) per share (in shares) 34,765 33,946 33,489
Shares used in computation of diluted net income (loss) per share (in shares) 36,207 33,946 33,489
[1] Excludes depreciation and amortization expense which is included in marketing, general and administrative and fulfillment expense as described in “Note 1 – Summary of Significant Accounting Policies and Nature of Operations”