Annual report pursuant to Section 13 and 15(d)

Segment Information

v3.3.1.900
Segment Information
 12 Months Ended
Jan. 02, 2016
Segment Reporting [Abstract]  
Segment Information
Segment Information
As described in Note 1 above, the Company operates in two reportable segments identified as Base USAP, which is the core auto parts business, and AutoMD, an online automotive repair source of which the Company is a majority stockholder. Segment information is prepared on the same basis that our chief executive officer, who is our chief operating decision maker, manages the segments, evaluates financial results, and makes key operating decisions. Management evaluates the performance of its operating segments based on net sales, gross profit and loss from operations. The accounting policies of the operating segments are the same as those described in Note 1. Operating income represents earnings before other income, interest expense and income taxes. The identifiable assets by segment disclosed in this note are those assets specifically identifiable within each segment.
Summarized segment information for our continuing operations from the two reportable segments for the periods presented is as follows (in thousands):
Base USAP

AutoMD

Consolidated
Fiscal year ended January 2, 2016
 
 
 
 
 
Net sales
$
290,833

 
$
258

 
$
291,091

Gross profit
83,176

 
258

 
83,434

Operating costs (1)
82,044

 
3,445

 
85,489

Income (loss) from operations
1,132

 
(3,187
)
 
(2,055
)
Capital expenditures
6,701

 
1,079

 
7,780

Depreciation and amortization
6,141

 
1,369

 
7,510

Total assets, net of accumulated depreciation
78,092

 
5,664

 
83,756

Fiscal year ended January 3, 2015
 
 
 
 
 
Net sales
$
283,211

 
$
297

 
$
283,508

Gross profit
78,153

 
297

 
78,450

Operating costs (1)
81,887

 
2,475

 
84,362

Loss from operations
(3,734
)
 
(2,178
)
 
(5,912
)
Capital expenditures
4,237

 
1,319

 
5,556

Depreciation and amortization
7,230

 
1,693

 
8,923

Total assets, net of accumulated depreciation
74,414

 
8,493

 
82,907

Fiscal year ended December 28, 2013
 
 
 
 
 
Net sales
$
254,422

 
$
331

 
$
254,753

Gross profit
73,802

 
331

 
74,133

Operating costs (1)
86,579

 
2,321

 
88,900

Loss from operations
(12,777
)
 
(1,990
)
 
(14,767
)
Capital expenditures
6,297

 
2,028

 
8,325

Depreciation and amortization
10,676

 
1,499

 
12,175

Total assets, net of accumulated depreciation
67,039

 
2,143

 
69,182

(1)
Operating costs for AutoMD primarily consist of depreciation on fixed assets and personnel costs.

The following table summarizes the approximate distribution of Base USAP revenue by product type.

 
2015
 
2014
 
2013
Private Label
 
 
 
 
 
Collision
48%
 
43%
 
39%
Engine
14%
 
13%
 
11%
Performance
1%
 
1%
 
1%
 
 
 
 
 
 
Branded
 
 
 
 
 
Collision
2%
 
2%
 
3%
Engine
14%
 
16%
 
18%
Performance
21%
 
25%
 
28%
 
 
 
 
 
 
Total
100%
 
100%
 
100%