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Note 16 - Segment Information
 12 Months Ended
Jan. 03, 2015
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]

(16)

Segment Information


The Company’s operations are conducted through three operating segments consisting of retail, international franchising, and commercial. The retail segment includes the operating activities of company-owned stores in the United States, Canada, the United Kingdom and Ireland and other retail delivery operations, including the Company’s web store, temporary stores and non-traditional store locations. The international franchising segment includes the licensing activities of the Company’s franchise agreements with store locations in Europe, Asia, Australia, Africa, the Middle East and Mexico. The commercial segment has been established to market the naming and branding rights of the Company’s intellectual properties for third party use. The operating segments have discrete sources of revenue, different capital structures and different cost structures. These operating segments represent the basis on which the Company’s chief operating decision maker regularly evaluates the business in assessing performance, determining the allocation of resources and the pursuit of future growth opportunities. Accordingly, the Company has determined that each of its operating segments represent a separate reportable segment. The reportable segments follow the same accounting policies used for the Company’s consolidated financial statements. Following is a summary of the financial information for the Company’s reporting segments (in thousands):


           

International

                 
   

Retail

   

Franchising

   

Commercial

   

Total

 

Fiscal 2014

                               

Net sales to external customers

  $ 387,725     $ 2,531     $ 2,098     $ 392,354  

Net income (loss) before income taxes

    15,791       (454 )     687       16,024  

Capital expenditures

    10,851       39       -       10,890  

Depreciation and amortization

    17,981       147       -       18,128  

Fiscal 2013

                               

Net sales to external customers

  $ 373,173     $ 3,564     $ 2,332     $ 379,069  

Net income (loss) before income taxes

    (5,028 )     2,018       892       (2,118 )

Capital expenditures

    19,178       184       -       19,362  

Depreciation and amortization

    19,016       200       -       19,216  

Fiscal 2012

                               

Net sales to external customers

  $ 374,553     $ 3,598     $ 2,790     $ 380,941  

Net income (loss) before income taxes

    (49,215 )     1,993       (1,207 )     (48,429 )

Capital expenditures

    17,116       152       -       17,268  

Depreciation and amortization

    21,243       179       -       21,422  
                                 

Total Assets as of:

                               

January 3, 2015

  $ 204,758     $ 2,312     $ 4,984     $ 212,054  

December 28, 2013

  $ 186,912     $ 2,712     $ 5,987     $ 195,611  

The Company’s reportable segments are primarily determined by the types of products and services that they offer. Each reportable segment may operate in many geographic areas. Revenues are recognized in the geographic areas based on the location of the customer or franchisee. The following schedule is a summary of the Company’s sales to external customers and long-lived assets by geographic area (in thousands):


   

North

                         
   

America (1)

   

Europe (2)

   

Other (3)

   

Total

 

Fiscal 2014

                               

Net sales to external customers

  $ 308,939     $ 81,848     $ 1,567     $ 392,354  

Property and equipment, net

    56,400       6,366       -       62,766  

Fiscal 2013

                               

Net sales to external customers

  $ 302,216     $ 75,133     $ 1,720     $ 379,069  

Property and equipment, net

    62,152       8,011       -       70,163  

Fiscal 2012

                               

Net sales to external customers

  $ 306,049     $ 72,788     $ 2,104     $ 380,941  

Property and equipment, net

    61,995       9,464       -       71,459  

For purposes of this table only:


(1)

North America includes the United States, Canada, Puerto Rico and franchise business in Mexico


(2)

Europe includes the United Kingdom, Ireland, franchise businesses in Europe


(3)

Other includes franchise businesses outside of North America and Europe