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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 28, 2019
Dec. 29, 2018
Current assets:    
Cash and cash equivalents $ 1,847 $ 482
Accounts receivable, net 59,760 52,335
Transit accounts receivable 4,906 2,569
Prepaid expenses and other current assets 4,144 3,425
Total current assets 70,657 58,811
Property and equipment, net 2,717 3,485
Other assets:    
Deposits 209 214
Goodwill 16,354 17,532
Operating right of use asset 5,820
Intangible assets, net 416 743
Deferred tax assets, net, domestic 725
Total other assets 22,799 19,214
Total assets 96,173 81,510
Current liabilities:    
Accounts payable and accrued expenses 6,220 9,969
Transit accounts payable 4,552 2,506
Accrued payroll and related costs 7,713 9,028
Finance lease payable 315
Income taxes payable 130 97
Operating right of use liability 2,134
Liability for contingent consideration from acquisitions 344 1,588
Total current liabilities 21,408 23,188
Finance lease payable 189
Liability for contingent consideration from acquisitions 2,714 3,185
Operating right of use liability 3,921
Borrowings under line of credit 34,761 27,540
Total liabilities 63,770 54,311
Commitments and contingencies (note 16)
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; 15,826,891 shares issued and 13,003,719 shares outstanding at December 28, 2019 and 15,578,345 shares issued and 12,755,173 shares outstanding at December 29, 2018 791 778
Additional paid-in capital 108,452 107,326
Accumulated other comprehensive loss (2,748) (2,755)
Accumulated deficit (59,105) (63,163)
Treasury stock (2,823,172 shares at December 28, 2019 and at December 29, 2018) at cost (14,987) (14,987)
Stockholders’ equity 32,403 27,199
Total liabilities and stockholders’ equity 96,173 81,510
Foreign Tax Authority [Member]    
Current liabilities:    
Deferred tax liability 382 398
Domestic Tax Authority [Member]    
Current liabilities:    
Deferred tax liability $ 395