Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 2,850 $ 6,643
Short-term investments 9 30
Accounts receivable, net 2,470 3,266
Inventory 54,231 50,904
Other current assets 2,972 2,815
Total current assets 62,532 63,658
Deferred income taxes 21,476 0
Property and equipment, net 15,085 16,478
Intangible assets, net 651 969
Other non-current assets 954 1,029
Total assets 100,698 82,134
Current liabilities:    
Accounts payable 35,999 33,697
Accrued expenses 7,363 6,860
Revolving loan payable 0 0
Current portion of capital leases payable 579 542
Customer deposits 2,500 3,718
Other current liabilities 2,457 1,972
Total current liabilities 48,898 46,789
Capital leases payable, net of current portion 9,173 9,770
Deferred income taxes 0 156
Other non-current liabilities 2,266 2,097
Total liabilities 60,337 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; 2,771 and 4,150 shares issued and outstanding at December 30, 2017 and December 31, 2016, respectively 3 4
Common stock, $0.001 par value; 100,000 shares authorized; 34,666 and 34,623 shares issued and outstanding at December 30, 2017 and December 31, 2016, respectively (of which 2,525 and 445 are treasury stock, respectively) 37 35
Additional paid-in-capital 179,906 180,153
Treasury stock (7,146) (1,376)
Accumulated other comprehensive income 557 557
Accumulated deficit (132,996) (156,520)
Total stockholders’ equity 40,361 22,853
Noncontrolling interest 0 469
Total equity 40,361 23,322
Total liabilities and equity $ 100,698 $ 82,134