XML 62 R18.htm IDEA: XBRL DOCUMENT
v3.7.0.1

13. Segment Information | 6 Months Ended
--- | ---
Jul. 01, 2017
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 and includes byproduct revenue, which is primarily generated through the recycling of appliances. We have included the results from consolidating AAP in our recycling segment. 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 revenues 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 following tables present our segment information for periods indicated:
|  | Three Months Ended |  |  | Six Months Ended |
|  | July 1, 2017 |  |  | July 2, 2016 |  |  | July 1, 2017 |  |  | July 2, 2016 |
Revenues |  |  |  |  |  |  |  |  |  |  |  |
Retail |  | $ | 15,038 |  |  | $ | 16,017 |  |  | $ | 30,827 |  |  | $ | 32,666 |
Recycling |  |  | 11,344 |  |  |  | 8,739 |  |  |  | 18,794 |  |  |  | 17,435 |
Total revenues |  | $ | 26,382 |  |  | $ | 24,756 |  |  | $ | 49,621 |  |  | $ | 50,101 |
Gross profit |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail |  | $ | 4,730 |  |  | $ | 4,373 |  |  | $ | 8,937 |  |  | $ | 9,060 |
Recycling |  |  | 3,989 |  |  |  | 2,063 |  |  |  | 5,805 |  |  |  | 3,567 |
Total gross profit |  | $ | 8,719 |  |  | $ | 6,436 |  |  | $ | 14,742 |  |  | $ | 12,627 |
Operating income (loss) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail |  | $ | 1,880 |  |  | $ | (487 | ) |  | $ | 1,802 |  |  | $ | (437 | )
Recycling |  |  | 705 |  |  |  | (606 | ) |  |  | (926 | ) |  |  | (1,443 | )
Total operating loss |  | $ | 2,585 |  |  | $ | (1,093 | ) |  | $ | 876 |  |  | $ | (1,880 | )
Depreciation and amortization |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail |  | $ | 44 |  |  | $ | 51 |  |  | $ | 89 |  |  | $ | 105 |
Recycling |  |  | 263 |  |  |  | 258 |  |  |  | 520 |  |  |  | 529 |
Total depreciation and amortization |  | $ | 307 |  |  | $ | 309 |  |  | $ | 609 |  |  | $ | 634 |
Interest Expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail |  | $ | 6 |  |  | $ | 1 |  |  | $ | 7 |  |  | $ | 249 |
Recycling |  |  | 126 |  |  |  | 303 |  |  |  | 422 |  |  |  | 338 |
Total interest expenses |  | $ | 132 |  |  | $ | 304 |  |  | $ | 429 |  |  | $ | 587 |
|  | July 1, |  |  | December 31, |
|  | 2017 |  |  | 2016 |
Total Assets |  |  |  |  |  |  |  |
Retail |  | $ | 14,716 |  |  | $ | 17,559 |
Recycling |  |  | 20,809 |  |  |  | 24,297 |
|  | $ | 35,525 |  |  | $ | 41,856 |
Intangible assets |  |  |  |  |  |  |  |
Retail |  | $ | – |  |  | $ | – |
Recycling |  |  | 56 |  |  |  | 56 |
|  | $ | 56 |  |  | $ | 56 |

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration