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Quarterly Financial Information
 12 Months Ended
Jan. 01, 2016
Quarterly Financial Information [Abstract]  
Quarterly Financial Information

 

17. Quarterly Financial Information (unaudited)

The following table presents unaudited supplemental quarterly financial information for the years ended January 1, 2016 and January 2, 2015 (in thousands, except per share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended

 

 

April 3,
2015

 

July 3,
2015

 

October 2,
2015

 

January 1,
2016

Total revenue

 

$

 54,905 

 

$

 59,423 

 

$

 59,992 

 

$

 60,261 

Operating income (1)

 

$

 4,635 

 

$

 6,049 

 

$

 4,943 

 

$

 6,298 

Income from continuing operations (1)

 

$

 4,497 

 

$

 5,940 

 

$

 4,842 

 

$

 6,237 

Net income (1)

 

$

 3,005 

 

$

 3,691 

 

$

 3,058 

 

$

 4,055 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income per common share (3)

 

$

 0.11 

 

$

 0.13 

 

$

 0.11 

 

$

 0.14 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted net income per common share (3)

 

$

 0.10 

 

$

 0.12 

 

$

 0.10 

 

$

 0.12 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended

 

 

March 28,
2014

 

June 27,
2014

 

September 26,
2014

 

January 2,
2015

Total revenue

 

$

 49,418 

 

$

 55,000 

 

$

 54,550 

 

$

 54,551 

Operating income (2)

 

$

 410 

 

$

 3,966 

 

$

 3,986 

 

$

 4,224 

Income from continuing operations (2)

 

$

 287 

 

$

 3,801 

 

$

 3,815 

 

$

 4,063 

Net income (2)

 

$

 405 

 

$

 2,828 

 

$

 2,936 

 

$

 3,542 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income per common share (3)

 

$

 0.01 

 

 

 0.10 

 

 

 0.10 

 

$

 0.13 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted net income per common share (3)

 

$

 0.01 

 

$

 0.09 

 

$

 0.10 

 

$

 0.12 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)

Fiscal quarters ended October 2, 2015 and January 1, 2016, each include $1.3 million of non-recurring, non-cash stock compensation expense related to the performance-based SARs awards tied to the achievement of the pro-forma EBITDA performance target.

(2)

The fiscal quarter ended March 28, 2014, includes a bargain purchase gain from the acquisition of the Technolab EPM AMS of $3.0 million and restructuring costs of $3.6 million.

(3)

Quarterly basic and diluted net income per common share were computed independently for each quarter and do not necessarily total to the year to date basic and diluted net income per common share.