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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. 27, 2013
Sep. 28, 2012
Sep. 27, 2013
Sep. 28, 2012
Net sales $ 20,852 $ 22,209 $ 59,817 $ 61,969
Cost of goods sold 17,246 18,997 50,364 52,630
Gross profit 3,606 3,212 9,453 9,339
Selling, general and administrative expenses 2,951 3,444 9,236 11,287
Severance, restructuring and related charges     321  
Loss (gain) on disposal of assets 230   230 (2)
Operating income (loss) 425 (232) (334) (1,948)
Interest expense (302) (233) (678) (559)
Other, net 66 40 137 264
Income (loss) from continuing operations before income tax expense 189 (425) (875) (2,243)
Income tax expense from continuing operations (4) (3) (17) (2)
Income (loss) from continuing operations 185 (428) (892) (2,245)
(Loss) income from operations of discontinued businesses (net of tax) (14) (1,710) 373 (3,193)
Loss on sale of discontinued business (net of tax)   (616)   (616)
Net Income (loss) 171 (2,754) (519) (6,054)
Other comprehensive (loss) income        
Foregin currency translation (34) 67 (45) 61
Total comprehensive income (loss) $ 137 $ (2,687) $ (564) $ (5,993)
Income (loss) per share of common stock - Basic:        
Income (loss) from continuing operations (in Dollars per share) $ 0.02 $ (0.06) $ (0.11) $ (0.28)
Discontinued operations (in Dollars per share) $ 0.00 $ (0.29) $ 0.05 $ (0.48)
Net income (loss) (in Dollars per share) $ 0.02 $ (0.35) $ (0.06) $ (0.76)
Income (loss) per share of common stock - Diluted:        
Income (loss) from continuing operations (in Dollars per share) $ 0.01 $ (0.06) $ (0.11) $ (0.28)
Discontinued operations (in Dollars per share) $ (0.01) $ (0.29) $ 0.05 $ (0.48)
Net income (loss) (in Dollars per share) $ 0.00 $ (0.35) $ (0.06) $ (0.76)
Weighted average common shares outstanding:        
Basic (in Shares) 7,951 7,951 7,951 7,951
Diluted (in Shares) 26,810 7,951 7,951 7,951