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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 29, 2019
Dec. 29, 2018
Current assets:    
Cash and cash equivalents $ 868 $ 482
Accounts receivable, net 58,230 52,335
Transit accounts receivable 1,780 2,569
Prepaid expenses and other current assets 3,057 3,425
Total current assets 63,935 58,811
Property and equipment, net 3,083 3,485
Other assets:    
Deposits 214 214
Goodwill 17,532 17,532
Operating right of use asset 6,101
Intangible assets, net 578 743
Deferred tax assets, net, domestic 656 725
Total other assets 25,081 19,214
Total assets 92,099 81,510
Current liabilities:    
Accounts payable and accrued expenses 8,106 9,969
Transit accounts payable 2,680 2,506
Accrued payroll and related costs 7,823 9,028
Finance lease payable 291
Income taxes payable 381 97
Operating right of use liability 2,093
Liability for contingent consideration from acquisitions 450 1,588
Total current liabilities 21,824 23,188
Deferred tax liability, foreign 401 398
Finance lease payable 270
Liability for contingent consideration from acquisitions 3,845 3,185
Operating right of use liability 4,267
Borrowings under line of credit 30,943 27,540
Total liabilities 61,550 54,311
Stockholders’ equity:    
Preferred stock, $1.00 par value; 5,000,000 shares authorized; no shares issued or outstanding
Common stock, $0.05 par value; 40,000,000 shares authorized; 15,719,944 shares issued and 12,896,772 shares outstanding at June 29, 2019 and 15,578,345 shares issued and 12,755,173 shares outstanding at December 29, 2018 785 778
Additional paid-in capital 107,932 107,326
Accumulated other comprehensive loss (2,732) (2,755)
Accumulated deficit (60,449) (63,163)
Treasury stock (2,823,172 shares at June 29, 2019 and December 29, 2018) at cost (14,987) (14,987)
Stockholders’ equity 30,549 27,199
Total liabilities and stockholders’ equity $ 92,099 $ 81,510