XML 19 R4.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 26, 2015
Dec. 27, 2014
NET SALES $ 397,453 $ 422,483 $ 406,588
Cost of sales 302,028 316,253 311,091
GROSS PROFIT 95,425 106,230 95,497
Selling and administrative expenses 96,983 100,422 93,182
Other operating expense, net 401 872 904
Facility consolidation expenses, net 1,456 2,946 5,514
Impairment of assets 0 0 1,133
OPERATING INCOME (LOSS) (3,415) 1,990 (5,236)
Interest expense 5,392 4,935 4,302
Other (income) expense, net 22 47 (154)
Gain on purchase of businesses 0 0 (11,110)
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE TAXES (8,829) (2,992) 1,726
Income tax provision (benefit) (3,622) (714) 1,053
INCOME (LOSS) FROM CONTINUING OPERATIONS (5,207) (2,278) 673
Loss from discontinued operations, net of tax (131) (148) (608)
Income (loss) on disposal of discontinued operations, net of tax 60 0 (1,467)
NET LOSS $ (5,278) $ (2,426) $ (1,402)
BASIC EARNINGS (LOSS) PER SHARE:      
Continuing operations $ (0.33) $ (0.15) $ 0.03
Discontinued operations (0.01) (0.01) (0.04)
Disposal of discontinued operations 0.00 0.00 (0.10)
Net loss $ (0.34) $ (0.16) $ (0.11)
BASIC SHARES OUTSTANDING [1] 15,638 15,536 14,382
DILUTED EARNINGS (LOSS) PER SHARE:      
Continuing operations $ (0.33) $ (0.15) $ 0.03
Discontinued operations (0.01) (0.01) (0.04)
Disposal of discontinued operations 0.00 0.00 (0.10)
Net loss $ (0.34) $ (0.16) $ (0.11)
DILUTED SHARES OUTSTANDING [1],[2] 15,638 15,536 14,544
DIVIDENDS PER SHARE:      
Common Stock $ 0.00 $ 0.00 $ 0.00
Class B Common Stock $ 0.00 $ 0.00 $ 0.00
[1] Includes Common and Class B Common shares, in thousands.
[2] Because their effects are anti-dilutive, shares issuable under stock option plans where the exercise price is greater than the average market price of the Company's Common Stock during the relevant period and directors' stock performance units have been excluded. Aggregate shares excluded were 220 in 2016, 333 in 2015 and 434 in 2014.