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12. Segment Information
 12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Segment Information

We operate within targeted markets through two reportable segments: retail and recycling. The retail segment is comprised of income generated through our ApplianceSmart stores, which includes appliance sales and byproduct revenues from collected appliances. The recycling segment includes all fees charged and costs incurred for collecting, recycling and installing appliances for utilities and other customers. The recycling segment also includes byproduct revenue, which is primarily generated through the recycling of appliances and includes all revenues from AAP. The nature of products, services and customers for both segments varies significantly.  As such, the segments are managed separately. Our Chief Executive Officer has been identified as the Chief Operating Decision Maker (“CODM”).  The CODM evaluates performance and allocates resources based on sales and income from operations of each segment. Income from operations represents revenues less cost of revenues and operating expenses, including certain allocated selling, general and administrative costs.  There are no inter-segment sales or transfers.

 

The decrease in recycling segment revenues for the fiscal year ended December 31, 2016, presented in the following table was the result of a decrease in revenues related to appliance replacement programs, recycling programs and a significant decline in byproduct revenues that resulted from decreases in the prices of the byproducts that we sell.

  

The following tables present our segment information for fiscal years 2016 and 2015:

 

   For the fiscal years ended 
   December 31,
2016		   January 2,
2016		 
Revenues:        
Retail  $61,551   $65,637 
Recycling   42,038    46,202 
Total revenues  $103,589   $111,839 
Operating income (loss):          
Retail  $(1,646)  $(1,741)
Recycling   1,101    (2,363)
Total operating income  $(545)  $(4,104)
Cash capital expenditures:          
Retail  $33   $121 
Recycling   342    283 
Total cash capital expenditures  $375   $404 
Depreciation and amortization expense:          
Retail  $216   $197 
Recycling   1,048    1,073 
Total depreciation and amortization expense  $1,264   $1,270 
           
Interest expense:          
Retail  $251   $437 
Recycling   1,168    855 
Total interest expense  $1,419   $1,292 
           
    December 31, 2016    

January 2,

2016

 
Assets:          
Retail  $17,559   $18,088 
Recycling   24,297    28,691 
Total assets  $41,856   $46,779 

 

Certain items have been reclassified from prior year for presentation with no effect to net income.