XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 02, 2022
Oct. 03, 2021
Oct. 02, 2022
Oct. 03, 2021
Net revenue $ 25,199 $ 25,683 $ 80,409 $ 71,634
Cost of sales 23,228 21,705 70,149 61,531
Gross profit 1,971 3,978 10,260 10,103
Selling, general and administrative 3,574 3,007 10,700 9,305
Operating (loss) income (1,603) 971 (440) 798
Interest expense, net 273 211 784 644
Other expense, net 382 132 655 498
Forgiveness of PPP Loan and related interest 0 0 0 (3,599)
(Loss) income before taxes (2,258) 628 (1,879) 3,255
Income tax (benefit) expense (16) 334 755 768
Net (loss) income $ (2,242) $ 294 $ (2,634) $ 2,487
(Loss) income per share:        
Basic (in dollars per share) $ (0.10) $ 0.01 $ (0.12) $ 0.12
Diluted (in dollars per share) $ (0.10) $ 0.01 $ (0.12) $ 0.11
Weighted average shares outstanding:        
Basic (in shares) 21,740 21,536 21,716 21,522
Diluted (in shares) 21,740 22,940 21,716 22,994
Dividends declared per common share (in dollars per share) $ 0.00 $ 0.00 $ 0.00 $ 0.00