| Quarterly Information (Unaudited) |
Quarterly Information (Unaudited)
The following quarterly information (in thousands, except per share data) includes all adjustments which management considers necessary for a fair presentation of such information. For interim quarterly financial statements, the provision for income taxes is estimated using the best available information for projected results for the entire year.
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Quarter Ended |
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Quarter Ended |
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April 4, 2015 |
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July 4, 2015 |
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Oct. 3, 2015 |
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Jan. 2, 2016 |
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March 29, 2014 |
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June 28, 2014 (1) |
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Sep. 27, 2014 (2) |
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Jan. 3, 2015 (3) |
Consolidated Statement of Income Data: |
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Net sales |
$ |
76,388 |
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$ |
76,462 |
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$ |
70,648 |
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$ |
67,593 |
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$ |
68,028 |
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$ |
76,947 |
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$ |
67,965 |
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$ |
70,568 |
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Gross profit |
21,478 |
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20,868 |
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21,042 |
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20,046 |
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20,701 |
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20,420 |
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18,414 |
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18,915 |
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(Loss) income from operations |
(18 |
) |
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(1,107 |
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(222 |
) |
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(708 |
) |
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495 |
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(1,939 |
) |
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(2,216 |
) |
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(2,252 |
) |
(Loss) income before income taxes |
(368 |
) |
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(1,369 |
) |
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(491 |
) |
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(1,007 |
) |
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233 |
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(2,159 |
) |
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(2,479 |
) |
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(2,543 |
) |
Net (loss) income |
(316 |
) |
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(1,022 |
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(288 |
) |
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(798 |
) |
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201 |
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(2,180 |
) |
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(2,494 |
) |
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(2,613 |
) |
Net (loss) income attributable to noncontrolling interests |
(256 |
) |
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(247 |
) |
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(296 |
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(344 |
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— |
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— |
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— |
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(207 |
) |
Net (loss) income attributable to U.S. Auto Parts |
$ |
(60 |
) |
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$ |
(775 |
) |
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$ |
8 |
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$ |
(454 |
) |
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$ |
201 |
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$ |
(2,180 |
) |
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$ |
(2,494 |
) |
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$ |
(2,406 |
) |
Basic and diluted net income (loss) per share as reported and adjusted |
$ |
0.00 |
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$ |
(0.02 |
) |
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$ |
0.00 |
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$ |
(0.01 |
) |
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$ |
0.00 |
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$ |
(0.07 |
) |
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$ |
(0.08 |
) |
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$ |
(0.07 |
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Shares used in computation of basic net income (loss) per share as reported and adjusted |
33,720 |
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33,963 |
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34,018 |
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34,084 |
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33,384 |
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33,460 |
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33,532 |
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33,573 |
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Shares used in computation of diluted net income (loss) per share as reported and adjusted |
33,720 |
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33,963 |
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34,018 |
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34,084 |
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34,158 |
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33,460 |
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33,532 |
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33,573 |
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(1) |
Included restructuring charges of $625.
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(2) |
Included restructuring charges of $410.
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(3) |
Included restructuring charges of $102.
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