v3.7.0.1
NET INCOME PER COMMON SHARE (Tables)
6 Months Ended
Jul. 02, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share Reconciliation [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

July 2,

 

July 3,

 

July 2,

 

July 3,

 

(in thousands, except per share data)

    

2017

    

2016

   

2017

    

2016

 

Net (loss) income per share – basic:

 

 

  

 

 

  

 

 

  

 

 

  

 

Net (loss) income from continuing operations, net of taxes

 

$

(1,261)

 

$

113

 

$

(2,507)

 

$

262

 

Net income from discontinued operations, net of taxes

 

 

 —

 

 

27

 

 

 —

 

 

708

 

Net (loss) income

 

 

(1,261)

 

 

140

 

 

(2,507)

 

 

970

 

Weighted average shares outstanding

 

 

6,955

 

 

6,949

 

 

6,955

 

 

6,949

 

Net (loss) income from continuing operations per share – basic

 

$

(0.18)

 

$

0.02

 

$

(0.36)

 

$

0.04

 

Net income from discontinued operations per share – basic

 

 

 —

 

 

0.00

 

 

 —

 

 

0.10

 

Net (loss) income per share – basic

 

$

(0.18)

 

$

0.02

 

$

(0.36)

 

$

0.14

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income per share – diluted:

 

 

  

 

 

  

 

 

  

 

 

  

 

Net (loss) income from continuing operations, net of taxes

 

$

(1,261)

 

$

113

 

$

(2,507)

 

$

262

 

Net income from discontinued operations, net of taxes

 

 

 —

 

 

27

 

 

 —

 

 

708

 

Net (loss) income

 

 

(1,261)

 

 

140

 

 

(2,507)

 

 

970

 

Weighted average shares outstanding

 

 

6,955

 

 

6,949

 

 

6,955

 

 

6,949

 

Dilutive impact of stock equivalents outstanding

 

 

 —

 

 

 9

 

 

 —

 

 

 9

 

Adjusted weighted average shares outstanding

 

 

6,955

 

 

6,958

 

 

6,955

 

 

6,958

 

Net (loss) income from continuing operations per share – diluted

 

$

(0.18)

 

$

0.02

 

$

(0.36)

 

$

0.04

 

Net income from discontinued operations per share – diluted

 

 

 —

 

 

0.00

 

 

 —

 

 

0.10

 

Net (loss) income per share – diluted

 

$

(0.18)

 

$

0.02

 

$

(0.36)

 

$

0.14