XML 15 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND RETAINED EARNINGS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 29, 2013
Jun. 30, 2012
Jun. 29, 2013
Jun. 30, 2012
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND RETAINED EARNINGS        
Net sales $ 32,857 $ 29,747 $ 59,070 $ 54,143
Costs and expenses:        
Cost of sales (exclusive of depreciation, depletion and amortization) 25,989 24,256 47,609 43,830
Depreciation, depletion and amortization 844 1,045 1,659 2,113
Selling and administrative 4,986 4,991 9,849 10,186
Williams EcoLogix project expenses 662 99 710 195
(Loss) gain on disposition of property and equipment (2) 15 (2) 17
Total costs and expenses 32,483 30,376 59,829 56,307
Operating income (loss) 374 (629) (759) (2,164)
Interest expense, net (92) (131) (179) (265)
Amortization of deferred financing fees   (9)   (60)
Other income, net 5 4 18 14
Income (loss) from continuing operations before income taxes 287 (765) (920) (2,475)
Provision (benefit) for income taxes 100 (263) (304) (920)
Net income (loss) from continuing operations 187 (502) (616) (1,555)
Loss from discontinued operation net of income tax benefit of $0 and $5   (9)   (9)
Net income (loss) 187 (511) (616) (1,564)
Retained earnings, beginning of period 65,585 61,946 66,388 62,999
Retained earnings, end of period $ 65,772 $ 61,435 $ 65,772 $ 61,435
Net income (loss) per basic and diluted share:        
Continuing operations (in dollars per share) $ 0.11 $ (0.31) $ (0.37) $ (0.95)
Discontinued operation (in dollars per share)   $ (0.01)   $ (0.01)
Basic and diluted loss per share (in dollars per share) $ 0.11 $ (0.32) $ (0.37) $ (0.96)
Average shares outstanding (in shares) 1,646 1,634 1,643 1,634