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Katy Industries - Statement of Operations (in thousands) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 28, 2012
Sep. 30, 2011
Sep. 28, 2012
Sep. 30, 2011
Net sales $ 27,283 $ 29,080 $ 77,823 $ 79,801
Cost of goods sold 24,395 25,480 68,882 70,893
Gross profit 2,888 3,600 8,941 8,908
Selling, general and administrative expenses 3,828 4,187 12,507 12,691
Severance, restructuring and related charges   393   393
Gain on disposal of assets   6   16
Operating loss (940) (986) (3,566) (4,192)
Interest expense (272) (533) (652) (1,234)
Other, net 46 (12) 270 224
Loss from continuing operations before income tax (expense) benefit (1,166) (1,531) (3,948) (5,202)
Income tax (expense) benefit from continuing operations (3) (9) (2) 239
Loss from continuing operations (1,169) (1,540) (3,950) (4,963)
(Loss) income from operations of discontinued business (net of tax) (969) 408 (1,488) 1,274
Loss on sale of discontinued businesses (net of tax) (616)   (616)  
(Loss) income from discontinued operations (1,585) 408 (2,104) 1,274
Net loss (2,754) (1,132) (6,054) (3,689)
Other comprehensive income (loss)        
Foreign currency translation 67 (94) 61 98
Total comprehensive loss (2,687) (1,226) (5,993) (3,591)
Loss (income) per share of common stock - Basic and Diluted        
Loss from continuing operations (in Dollars per share) $ (0.15) $ (0.19) $ (0.50) $ (0.62)
Discontinued operations (in Dollars per share) $ (0.20) $ 0.05 $ (0.26) $ 0.16
Net loss (in Dollars per share) $ (0.35) $ (0.14) $ (0.76) $ (0.46)
Weighted average common shares outstanding:        
Basic and diluted $ 7,951 $ 7,951 $ 7,951 $ 7,951
Diluted (in Shares) 7,951 7,951 7,951 7,951