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Consolidated Condensed Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data
3 Months Ended 6 Months Ended
Jul. 02, 2011
Jun. 26, 2010
Jul. 02, 2011
Jun. 26, 2010
NET SALES $ 69,200 $ 59,058 $ 135,154 $ 109,512
Cost of sales 52,477 43,821 101,861 81,922
GROSS PROFIT 16,723 15,237 33,293 27,590
Selling and administrative expenses 14,944 15,026 30,337 29,384
Other operating income (55) (61) (629) (120)
Other operating expense 97 91 179 220
Facility consolidation and severance expenses, net (563) 122 (563) 333
OPERATING INCOME (LOSS) 2,300 59 3,969 (2,227)
Interest expense 900 1,082 1,832 2,317
Other income (8) (10) (32) (22)
Other expense 18 307 26 317
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE TAXES 1,390 (1,320) 2,143 (4,839)
Income tax provision (benefit) 582 (636) 691 (1,696)
INCOME (LOSS) FROM CONTINUING OPERATIONS 808 (684) 1,452 (3,143)
Loss from discontinued operations, net of tax (42) (60) (62) (130)
NET INCOME (LOSS) $ 766 $ (744) $ 1,390 $ (3,273)
BASIC EARNINGS (LOSS) PER SHARE:        
Continuing operations $ 0.06 $ (0.05) $ 0.11 $ (0.25)
Discontinued operations $ 0.00 $ (0.01) $ 0.00 $ (0.01)
Net income (loss) $ 0.06 $ (0.06) $ 0.11 $ (0.26)
BASIC SHARES OUTSTANDING 12,596 12,532 12,574 12,514
DILUTED EARNINGS (LOSS) PER SHARE:        
Continuing operations $ 0.06 $ (0.05) $ 0.11 $ (0.25)
Discontinued operations $ 0.00 $ (0.01) $ 0.00 $ (0.01)
Net income (loss) $ 0.06 $ (0.06) $ 0.11 $ (0.26)
DILUTED SHARES OUTSTANDING 12,648 12,532 12,624 12,514
Dividends Per Share:        
Common Stock $ 0.00 $ 0.00 $ 0.00 $ 0.00
Class B Common Stock $ 0.00 $ 0.00 $ 0.00 $ 0.00