BUSINESS ACQUISITIONS (Tables)

6 Months Ended

Jun. 26, 2015

Business Acquisition, Pro Forma Information

The following unaudited pro forma consolidated financial information is presented as if the FTW acquisition had occurred at the beginning of the periods presented. In addition, this unaudited pro forma financial information is provided for illustrative purposes only and should not be relied upon as necessarily being indicative of the historical results that would have been obtained if the acquisition had actually occurred during those periods, or the results that may be obtained in the future as a result of the acquisition.

Pro Forma (unaudited)	Three months ended		Six months ended
	June 27, 2014		June 27, 2014
Net Sales	$	25,625	$	47,063

Gross profit		3,979		7,182

Net income		411		1,707

Average common shares outstanding - Basic		7,951		7,951
Dilutive effect of convertible preferred stock		18,859		18,859
Average common shares outstanding - Diluted		26,810		26,810


Basic earnings per share	$	0.05	$	0.21
Diluted earnings per share	$	0.02	$	0.06

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The audit of such financial statements is currently in process.

Accounts receivable	$	757
Inventory		1,399
Fixed assets		2,317
Intangible assets		11,805
Goodwill		11,805
Total assets acquired		28,083

Accounts payable		2,162
Accrued expenses		66
Total liabilities assumed		2,228

Net assets acquired	$	25,855