QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

12 Months Ended

Dec. 30, 2011

QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

15. QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

The tables below reflect selected quarterly information for the fiscal years ended December 30, 2011 and December 31, 2010.

	Fiscal Three Months Ended

	April 1, 2011			July 1, 2011		September 30, 2011		December 30, 2011
	(in thousands except per share amounts)
Contract revenue	$	22,742		$	25,812	$	28,605	$	30,006
(Loss) income from operations		(280	)		954		2,380		347
Income tax expense		—			199		203		1,098
Net (loss) income		(291	)		735		2,165		(779	)
(Loss) earnings per share:
Basic	$	(0.04	)	$	0.10	$	0.30	$	(0.11	)
Diluted	$	(0.04	)	$	0.10	$	0.29	$	(0.11	)
Weighted-average shares outstanding:
Basic		7,251			7,257		7,267		7,273
Diluted		7,251			7,471		7,468		7,273

	Fiscal Three Months Ended

	April 2, 2010		July 2, 2010		October 1, 2010		December 31, 2010
	(in thousands except per share amounts)
Contract revenue	$	16,951	$	20,367	$	20,706	$	19,872
Income from operations		385		1,265		1,394		30
Income tax expense (benefit)		—		—		595		(251	)
Net income		392		1,258		788		282
Earnings per share:
Basic and diluted	$	0.05	$	0.17	$	0.11	$	0.04
Weighted-average shares outstanding: Basic		7,223		7,229		7,236		7,245
Diluted		7,230		7,252		7,318		7,380

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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