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QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
12 Months Ended
Dec. 30, 2022
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)  
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

14. QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

The tables below reflect selected quarterly information for the fiscal years ended December 30, 2022 and December 31, 2021.

Fiscal Three Months Ended

 

April 1,

July 1,

September 30,

December 30,

 

    

2022

    

2022

    

2022

    

2022

 

(in thousands except per share amounts)

 

Contract revenue

$

91,838

$

102,645

$

121,399

$

113,256

Income (loss) from operations

 

(5,608)

 

(5,298)

 

(755)

 

4,598

Income tax expense (benefit)

 

(2,389)

 

(1,673)

 

(1,526)

 

2,584

Net income (loss)

 

(3,773)

 

(4,326)

 

76

 

(425)

Earnings (loss) per share:

Basic

$

(0.30)

$

(0.33)

$

0.01

$

(0.03)

Diluted

$

(0.30)

$

(0.33)

$

0.01

$

(0.03)

Weighted-average shares outstanding:

Basic

 

12,786

 

13,016

 

13,110

 

13,138

Diluted

 

12,786

 

13,016

 

13,360

 

13,138

Fiscal Three Months Ended

 

April 2,

July 2,

October 1,

December 31,

 

    

2021

    

2021

    

2021

    

2021

 

(in thousands except per share amounts)

 

Contract revenue

$

79,086

$

84,154

$

98,297

$

92,218

Income (loss) from operations

 

(4,189)

 

(7,072)

 

1,443

 

1,127

Income tax expense (benefit)

 

(1,458)

 

(3,663)

 

(236)

 

1,370

Net income (loss)

 

(3,766)

 

(4,601)

 

840

 

(890)

Earnings (loss) per share:

Basic

$

(0.31)

$

(0.37)

$

0.07

$

(0.07)

Diluted

$

(0.31)

$

(0.37)

$

0.06

$

(0.07)

Weighted-average shares outstanding:

Basic

 

12,147

 

12,421

 

12,606

 

12,660

Diluted

 

12,147

 

12,421

 

13,141

 

12,660