Annual report pursuant to Section 13 and 15(d)

Segment Information

v2.4.1.9
Segment Information
 12 Months Ended
Jan. 03, 2015
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 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

Fiscal year ended December 29, 2012
 
 
 
 
 
Net sales
$
303,667


$
350


$
304,017

Gross profit
91,288


350


91,638

Operating costs (1)
125,048


2,380


127,428

Loss from operations
(33,760
)

(2,030
)

(35,790
)
Capital expenditures
8,547


1,608


10,155

Depreciation and amortization
13,475


1,729


15,204

Total assets, net of accumulated depreciation
86,818


2,059


88,877

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