XML 13 R2.htm IDEA: XBRL DOCUMENT v3.21.2
UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 27, 2021
Dec. 27, 2020
Current assets    
Accounts receivable (net of allowance for credit losses of $521,001 and $492,087 for 2021 and 2020, respectively) $ 46,660,140 $ 41,493,800
Prepaid expenses and other current assets 2,672,579 2,154,966
Income taxes receivable 5,130 0
Other current assets 11,589 0
Total current assets 49,349,438 43,648,766
Property and equipment, net 2,787,251 3,723,582
Other assets    
Deposits 4,098,705 4,016,002
Other assets 1,436,230 1,195,143
Deferred income taxes, net 5,339,332 5,827,673
Right-of-use asset - operating leases 5,124,016 6,009,054
Intangible assets, net 36,978,504 33,781,168
Goodwill 34,155,493 32,076,880
Other Assets, Total 87,132,280 82,905,920
Total assets 139,268,969 130,278,268
Current liabilities    
Long-term debt, current portion 3,187,500 2,625,000
Accrued interest 108,815 78,134
Accounts payable 285,596 219,693
Accrued payroll and expenses 14,656,169 11,448,403
Lease liability, current portion 2,060,073 2,031,898
Other current liabilities 3,549,785 0
Income taxes payable 0 1,861,116
Total current liabilities 26,063,478 18,264,244
Line of credit (net of deferred finance fees of $230,670 and $268,076 at 2021 and 2020, respectively) 11,906,814 5,709,266
Long-term debt, less current portion 24,800,000 26,300,000
Contingent consideration, less current portion 948,708 2,287,926
Lease liability, less current portion 3,876,274 4,903,539
Other long-term liabilities 3,615,823 7,355,541
Total liabilities 71,211,097 64,820,516
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, 10,343,340 and 10,328,379 shares issued and outstanding for 2021 and 2020, respectively, net of treasury stock, at cost, 1,235 shares for 2021 and 2020 73,983 73,834
Additional paid in capital 60,908,282 60,457,044
Retained earnings 7,136,452 5,049,748
Accumulated other comprehensive loss (60,845) (122,874)
Total stockholders’ equity 68,057,872 65,457,752
Total liabilities and stockholders’ equity $ 139,268,969 $ 130,278,268