XML 32 R21.htm IDEA: XBRL DOCUMENT v3.4.0.3
Acquisition (Tables)
 3 Months Ended
Mar. 27, 2016
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

Cash

      $1,304                                                                                

Accounts Receivable

      1,344         

Inventory

      2,167         

Prepaids and Other Current Assets

      290         

Property, Plant & Equipment

      269         

Identifiable Intangible Assets

      4,776         

Goodwill

      4,407         

Accounts Payable

      (1,009)        

Accrued Expenses

      (1,133)        

Income Taxes Payable

      (111)        

Non-Current Liabilities

      (209)        

Deferred Income Taxes

      (74)        

Deferred Income Taxes on Intangible Assets

      (860)        

Total Consideration

      $11,161         
Business Acquisition, Pro Forma Information

unaudited pro forma results of the Company and Accutronics for the three month period ended March 29, 2015 as if the acquisition occurred as of January 1, 2015 along with the reported results for the three month period ended March 27, 2016 which includes the consolidation of Accutronics (in thousands, except per share amounts).

 

     Three Months Ended     
     March 29, 2015    March 27, 2016     
        

Revenue

    $22,330    $20,833                                                     

Operating Income

    $     706    $     482   

Net Income

    $     410    $     281   

Earnings Per Share:

         

Basic

    $      .02    $      .02   

Diluted

    $      .02    $      .02