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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 29, 2019
Dec. 30, 2018
Current assets    
Accounts receivable (net of allowance for doubtful accounts of $468,233 at 2019 and 2018) $ 39,423,801 $ 37,606,721
Prepaid expenses 1,224,230 984,219
Income taxes receivable 69,649 0
Other current assets 19,516 22,733
Total current assets 40,737,196 38,613,673
Property and equipment, net 3,545,049 2,556,992
Other assets    
Deposits 3,843,023 3,209,419
Deferred income taxes, net 4,071,847 4,870,997
Right-of-use asset - operating leases 4,386,317  
Intangible assets, net 33,807,973 33,034,173
Goodwill 25,194,639 17,983,549
Total other assets 71,303,799 59,098,138
Total assets 115,586,044 100,268,803
Current liabilities    
Long-term debt, current portion (net of deferred finance fees of $-0- and $44,920 for 2019 and 2018, respectively) 375,000 4,242,580
Accrued interest 73,027 308,547
Accounts payable 479,422 146,257
Accrued payroll and expenses 10,079,832 10,411,374
Accrued workers’ compensation 405,207 530,980
Contingent consideration, current portion 0 2,363,512
Lease liability, current portion 1,277,843  
Other current liabilities 1,016,565 0
Income taxes payable 0 55,841
Total current liabilities 13,706,896 18,059,091
Line of credit (net of deferred finance fees of $351,128 and $571,782 for 2019 and 2018, respectively) 19,993,829 10,078,507
Long-term debt, less current portion (net of deferred finance fees of $-0- and $65,850 for 2019 and 2018, respectively) 7,125,000 5,767,650
Contingent consideration, less current portion 2,174,378 0
Lease liability, less current portion 4,128,951  
Other long-term liabilities 0 661,542
Total liabilities 47,129,054 34,566,790
Commitments and contingencies
Preferred stock, $0.01 par value per share, 500,000 shares authorized, -0- shares issued and outstanding 0 0
Common stock, $0.01 par value per share; 19,500,000 shares authorized, 10,309,236 and 10,227,247 shares issued and outstanding for 2019 and 2018, respectively, net of treasury stock, at cost, 1,004 and 828 shares for 2019 and 2018, respectively 75,775 78,246
Additional paid in capital 59,617,787 57,624,379
Retained earnings 8,763,428 7,999,388
Total stockholders’ equity 68,456,990 65,702,013
Total liabilities and stockholders’ equity $ 115,586,044 $ 100,268,803