XML 39 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended
Jun. 28, 2014
Jun. 29, 2013
Jun. 28, 2014
Jun. 29, 2013
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Net sales $ 54,101,000 $ 60,122,000 $ 101,505,000 $ 113,632,000
Cost of sales, including buying and occupancy 37,029,000 37,695,000 71,501,000 74,254,000
Gross profit 17,072,000 22,427,000 30,004,000 39,378,000
Expenses:        
Store operating expenses 19,744,000 18,332,000 37,815,000 36,835,000
General and administrative expenses 4,715,000 4,734,000 10,104,000 9,415,000
Employee separation charges 275,000 956,000 409,000 2,454,000
Total expenses 24,734,000 24,022,000 48,328,000 48,704,000
Operating loss (7,662,000) (1,595,000) (18,324,000) (9,326,000)
Other income (expense):        
Amortization of deferred financing cost (54,000)   (108,000)  
Interest income   9,000 1,000 17,000
Interest expense (83,000)   (125,000)  
Total other income (expense), net (137,000) 9,000 (232,000) 17,000
Loss before income taxes (7,799,000) (1,586,000) (18,556,000) (9,309,000)
Income tax provision 125,000 20,000 175,000 10,124,000
Net loss $ (7,924,000) $ (1,606,000) $ (18,731,000) $ (19,433,000)
Basic loss per share (in dollars per share) $ (0.33) $ (0.09) $ (0.83) $ (1.23)
Diluted loss per share (in dollars per share) $ (0.33) $ (0.09) $ (0.83) $ (1.23)
Basic weighted average shares outstanding (in shares) 24,078,000 18,378,000 22,604,000 15,769,000
Diluted weighted average shares outstanding (in shares) 24,078,000 18,378,000 22,604,000 15,769,000