Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations and Comprehensive Operations

v2.4.1.9
Consolidated Statements of Operations and Comprehensive Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Jan. 03, 2015
Dec. 28, 2013
Dec. 29, 2012
Income Statement [Abstract]      
Net sales $ 283,508us-gaap_SalesRevenueNet $ 254,753us-gaap_SalesRevenueNet $ 304,017us-gaap_SalesRevenueNet
Cost of sales 205,058us-gaap_CostOfGoodsAndServicesSold [1] 180,620us-gaap_CostOfGoodsAndServicesSold [1] 212,379us-gaap_CostOfGoodsAndServicesSold [1]
Gross profit 78,450us-gaap_GrossProfit 74,133us-gaap_GrossProfit 91,638us-gaap_GrossProfit
Operating expenses:      
Marketing 42,008us-gaap_MarketingExpense 41,045us-gaap_MarketingExpense 51,416us-gaap_MarketingExpense
General and administrative 16,701us-gaap_GeneralAndAdministrativeExpense 17,567us-gaap_GeneralAndAdministrativeExpense 19,857us-gaap_GeneralAndAdministrativeExpense
Fulfillment 20,368prts_FulfillmentCost 18,702prts_FulfillmentCost 22,265prts_FulfillmentCost
Technology 4,863prts_TechnologyExpense 5,128prts_TechnologyExpense 6,274prts_TechnologyExpense
Amortization of intangible assets 422us-gaap_AmortizationOfIntangibleAssets 381us-gaap_AmortizationOfIntangibleAssets 1,189us-gaap_AmortizationOfIntangibleAssets
Impairment loss on goodwill 0us-gaap_GoodwillImpairmentLoss 0us-gaap_GoodwillImpairmentLoss 18,854us-gaap_GoodwillImpairmentLoss
Impairment loss on property and equipment 0us-gaap_ImpairmentOfLongLivedAssetsHeldForUse 4,832us-gaap_ImpairmentOfLongLivedAssetsHeldForUse 1,960us-gaap_ImpairmentOfLongLivedAssetsHeldForUse
Impairment loss on intangible assets 0us-gaap_ImpairmentOfIntangibleAssetsExcludingGoodwill 1,245us-gaap_ImpairmentOfIntangibleAssetsExcludingGoodwill 5,613us-gaap_ImpairmentOfIntangibleAssetsExcludingGoodwill
Total operating expenses 84,362us-gaap_OperatingExpenses 88,900us-gaap_OperatingExpenses 127,428us-gaap_OperatingExpenses
Loss from operations (5,912)us-gaap_OperatingIncomeLoss (14,767)us-gaap_OperatingIncomeLoss (35,790)us-gaap_OperatingIncomeLoss
Other income (expense):      
Other income, net 65us-gaap_OtherNonoperatingIncomeExpense 148us-gaap_OtherNonoperatingIncomeExpense 20us-gaap_OtherNonoperatingIncomeExpense
Interest expense (1,101)us-gaap_InterestExpense (972)us-gaap_InterestExpense (785)us-gaap_InterestExpense
Loss on debt extinguishment 0us-gaap_GainsLossesOnExtinguishmentOfDebt 0us-gaap_GainsLossesOnExtinguishmentOfDebt (360)us-gaap_GainsLossesOnExtinguishmentOfDebt
Total other expense, net (1,036)us-gaap_NonoperatingIncomeExpense (824)us-gaap_NonoperatingIncomeExpense (1,125)us-gaap_NonoperatingIncomeExpense
Loss before income taxes (6,948)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest (15,591)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest (36,915)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax (benefit) provision 138us-gaap_IncomeTaxExpenseBenefit 43us-gaap_IncomeTaxExpenseBenefit (937)us-gaap_IncomeTaxExpenseBenefit
Net loss including noncontrolling interests (7,086)us-gaap_ProfitLoss (15,634)us-gaap_ProfitLoss (35,978)us-gaap_ProfitLoss
Net loss attributable to noncontrolling interests (207)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net loss attributable to U.S. Auto Parts (6,879)us-gaap_NetIncomeLoss (15,634)us-gaap_NetIncomeLoss (35,978)us-gaap_NetIncomeLoss
Other comprehensive income attributable to U.S. Auto Parts, net of tax:      
Foreign currency translation adjustments 20us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent 55us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent 31us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
Actuarial loss on defined benefit plan (106)us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent 0us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent 0us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
Unrealized gains on investments 0us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax 7us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax 26us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
Total other comprehensive income (loss) attributable to U.S. Auto Parts (86)us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent 62us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent 57us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
Comprehensive loss attributable to U.S. Auto Parts $ (6,965)us-gaap_ComprehensiveIncomeNetOfTax $ (15,572)us-gaap_ComprehensiveIncomeNetOfTax $ (35,921)us-gaap_ComprehensiveIncomeNetOfTax
Basic and diluted net loss per share (in dollars per share) $ (0.21)us-gaap_EarningsPerShareBasicAndDiluted $ (0.48)us-gaap_EarningsPerShareBasicAndDiluted $ (1.17)us-gaap_EarningsPerShareBasicAndDiluted
Shares used in computation of basic and diluted net loss per share (in shares) 33,489us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 32,697us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 30,818us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted
[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” below.