Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 28, 2013
Dec. 29, 2012
Current assets:    
Cash and cash equivalents $ 1,099 $ 1,030
Short-term investments 93 110
Accounts receivable, net of allowances of $245 and $221 at September 28, 2013 and December 29, 2012, respectively 5,044 7,431
Inventory 40,177 42,727
Deferred income taxes 54 39
Other current assets 3,716 4,176
Total current assets 50,183 55,513
Property and equipment, net 20,408 28,559
Intangible assets, net 1,683 3,227
Other non-current assets 1,472 1,578
Total assets 73,746 88,877
Current liabilities:    
Accounts payable 20,505 28,025
Accrued expenses 6,820 10,485
Revolving loan payable 8,299 16,222
Current portion of capital leases payable 285 70
Other current liabilities 3,873 4,738
Total current liabilities 39,782 59,540
Capital leases payable, net of current portion 9,558 70
Deferred income taxes 437 314
Other non-current liabilities 2,175 1,309
Total liabilities 51,952 61,233
Commitments and contingencies      
Stockholders' equity:    
Common stock, $0.001 par value; 100,000 shares authorized; 33,219 and 31,128 shares issued and outstanding at September 28, 2013 and December 29, 2012, respectively 33 31
Additional paid-in-capital 168,263 159,781
Accumulated other comprehensive income 419 384
Accumulated deficit (146,985) (132,552)
Total stockholders' equity 21,794 27,644
Total liabilities and stockholders' equity 73,746 88,877
Series A Convertible Preferred Stock [Member]
    
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; 4,150 and 0 shares issued and outstanding at September 28, 2013 and December 29, 2012, respectively 4  
Common stock dividend distributable on Series A convertible preferred stock $ 60