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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Oct. 02, 2021
Jan. 02, 2021
Current assets:    
Cash and cash equivalents $ 2,820 $ 734
Accounts receivable, net 43,074 36,007
Transit accounts receivable 154 2,494
Prepaid expenses and other current assets 1,234 4,699
Total current assets 47,282 43,934
Property and equipment, net 2,095 2,078
Other assets:    
Deposits 175 169
Deferred tax asset, net, domestic 2,541 3,300
Goodwill 16,354 16,354
Operating right of use asset 1,844 2,409
Intangible assets, net 0 95
Total other assets 20,914 22,327
Total assets 70,291 68,339
Accounts payable and accrued expenses 10,302 7,497
Transit accounts payable 1,076 4,900
Accrued payroll and related costs 14,671 12,877
Finance lease payable 445 247
Income taxes payable 695 436
Operating right of use liability 1,539 1,886
Liability for contingent consideration from acquisitions 1,078 500
Deferred revenue 3,920 398
Total current liabilities 33,726 28,741
Finance lease payable 585 106
Liability for contingent consideration from acquisitions 1,338 2,358
Operating right of use liability, net of current position 1,759 2,641
Borrowings under line of credit 7,964 11,890
Total liabilities 45,739 46,101
Commitments and contingencies (note 16)
Stockholders’ equity:    
Preferred stock, $1.00 par value; 5,000,000 shares authorized; no shares issued or outstanding 0 0
Common stock, $0.05 par value; 40,000,000 shares authorized;16,695,480 shares issued and 10,856,450 shares outstanding at October 2, 2021 and 16,224,191 shares issued and 11,542,880 shares outstanding at January 2, 2021 834 811
Stock subscription receivable (113) (420)
Additional paid-in capital 110,781 109,588
Accumulated other comprehensive loss (2,627) (2,550)
Accumulated deficit (62,959) (67,974)
Treasury stock (5,839,030 shares at October 2, 2021 and 4,681,311 shares at January 2, 2021) at cost (21,364) (17,217)
Stockholders’ equity 24,552 22,238
Total liabilities and stockholders’ equity 70,291 68,339
Foreign Tax Authority [Member]    
Other assets:    
Deferred tax liability $ 367 $ 365