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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 27, 2020
Dec. 29, 2019
Current assets    
Accounts receivable (net of allowance for credit losses of $476,987 at 2020 and $468,233 for 2019) $ 41,769,774 $ 39,423,801
Prepaid expenses and other current assets 1,010,648 1,243,746
Income taxes receivable 0 69,649
Total current assets 42,780,422 40,737,196
Property and equipment, net 3,742,358 3,545,049
Other assets    
Deposits and other assets 5,099,514 3,843,023
Deferred income taxes, net 4,514,048 4,071,847
Right-of-use asset - operating leases 6,177,790 4,386,317
Intangible assets, net 35,437,325 33,807,973
Goodwill 31,350,224 25,194,639
Total other assets 82,578,901 71,303,799
Total assets 129,101,681 115,586,044
Current liabilities    
Long-term debt, current portion 2,437,500 375,000
Accrued interest 94,322 73,027
Accounts payable 432,950 479,422
Accrued payroll and expenses 12,797,763 10,485,039
Lease liability, current portion 1,894,132 1,277,843
Other current liabilities 0 1,016,565
Income taxes payable 183,561 0
Total current liabilities 17,840,228 13,706,896
Line of credit (net of deferred finance fees of $286,779 and $351,128 for 2020 and 2019, respectively) 7,713,221 19,993,829
Long-term debt, less current portion 26,862,500 7,125,000
Contingent consideration 2,243,187 2,174,378
Lease liability, less current portion 5,231,020 4,128,951
Other long-term liabilities 5,176,769 0
Total liabilities 65,066,925 47,129,054
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, 10,317,018 and 10,309,236 shares issued and outstanding for 2020 and 2019, respectively, net of treasury stock, at cost, 1,004 shares for 2020 and 2019 75,852 75,775
Additional paid in capital 60,238,267 59,617,787
Retained earnings 3,875,119 8,763,428
Accumulated other comprehensive loss (154,482) 0
Total stockholders’ equity 64,034,756 68,456,990
Total liabilities and stockholders’ equity $ 129,101,681 $ 115,586,044