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Consolidated Balance Sheets - USD ($)
Jan. 02, 2016
Jan. 03, 2015
Current assets:    
Cash and cash equivalents $ 985,000 $ 6,411,000
Accounts receivable, net 50,946,000 59,187,000
Transit accounts receivable 7,481,000 3,797,000
Prepaid expenses and other current assets 4,508,000 2,368,000
Deferred income tax assets, domestic 609,000 816,000
Total current assets 64,529,000 72,579,000
Property and equipment, net 4,698,000 3,297,000
Other assets:    
Deposits 227,000 231,000
Goodwill 11,630,000 10,223,000
Intangible assets, net $ 252,000 194,000
Deferred income tax assets, domestic 749,000
Total other assets $ 12,109,000 11,397,000
Total assets 81,336,000 87,273,000
Current liabilities:    
Accounts payable and accrued expenses 7,863,000 7,693,000
Transit accounts payable 8,995,000 6,658,000
Accrued payroll and related costs 8,606,000 7,783,000
Income taxes payable 343,000 860,000
Deferred income tax liability, foreign 250,000 160,000
Contingent consideration 822,000 479,000
Total current liabilities 26,879,000 $ 23,633,000
Deferred tax liability, domestic 276,000
Contingent consideration 978,000 $ 775,000
Borrowings under line of credit 21,000,000 20,000,000
Total liabilities 49,133,000 44,408,000
Stockholders’ equity:    
Preferred stock, $1.00 par value; 5,000,000 shares authorized; no shares issued or outstanding 0 0
Common stock, $0.05 par value; 40,000,000 shares authorized; 14,559,381 shares issued and 12,496,635 shares outstanding at January 2, 2016 and 14,148,667 shares issued and 12,671,887 shares outstanding at January 3, 2015 728,000 707,000
Additional paid-in capital 114,331,000 112,529,000
Accumulated other comprehensive income (2,845,000) 91,000
Accumulated deficit (69,646,000) (62,933,000)
Treasury stock (2,062,746 shares at January 2, 2016 and 1,476,780 shares at January 3, 2015) at cost (10,365,000) (7,529,000)
Stockholders’ equity 32,203,000 42,865,000
Total liabilities and stockholders’ equity $ 81,336,000 $ 87,273,000