XML 54 R16.htm IDEA: XBRL DOCUMENT v2.4.0.8
ACQUISITION OF eMDT
 3 Months Ended
Mar. 29, 2014
Business Combinations [Abstract]  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
ACQUISITION OF eMDT
ACQUISITION OF eMDT
In April 2013, the Company acquired 51% of the outstanding stock of eMDT, a private company, for $400,000. The assets, liabilities and results of operations of eMDT have been consolidated within the Company's financial statements since April 17, 2013. The Company has an option to acquire an additional 25% of the Company for $200,000. In connection with the acquisition, the Company has preliminarily allocated excess purchase price in the amount of approximately $400,000 to goodwill. 
The unaudited pro forma financial results for the three month period ended March 30, 2013 combine the unaudited historical results of the Company along with the unaudited historical results of eMDT. The results include the effects of unaudited pro forma adjustments as if eMDT were acquired on December 30, 2012 (the first day of the Company's fiscal year 2013). There were no material nonrecurring pro forma adjustments in the calculation of revenue or earnings. The pro forma financial results presented below do not include any anticipated synergies or other expected benefits of the acquisition. These results are presented for informational purposes only and are not necessarily indicative of future operations.
 
March 30, 2013
Revenues
$
6,524,000

Net income
$
21,451,000