29 Consolidated Balance Sheet (Unaudited, in Thousands, Except Par and Per Share Liquidation value) April 4 January 3 ASSETS 2015 2015 Current assets: Cash and cash equivalents 7,917 $ 7,653 $ Short-term investments 66 62 Accounts receivable, net of allowances of $38 and $41 at April 4, 2015 and January 3, 2015, respectively 4,209 3,804 Inventory 48,347 48,362 Other current assets 3,321 2,669 Total current assets 63,860 62,550 Property and equipment, net 16,690 16,966 Intangible assets, net 1,617 1,707 Other non-current assets 1,672 1,684 Total assets 83,839 $ 82,907 $ LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable 26,591 $ 25,362 $ Accrued expenses 8,498 7,747 Revolving loan payable 9,485 11,022 Current portion of capital leases payable 276 269 Other current liabilities 4,560 3,505 Total current liabilities 49,410 47,905 Capital leases payable, net of current portion 9,197 9,270 Deferred income taxes 1,550 1,618 Other non-current liabilities 1,661 1,891 Total liabilities 61,818 60,684 Stockholders' equity: Series A convertible preferred stock, $0.001 par value; $1.45 liquidation value or aggregate of $6,017; 4,150 shares authorized; 4,150 and 0 sharesissued and outstanding at April 4, 2015 and at January 3, 2015, respectively 4 4 Common stock, $0.001 par value; 100,000 shares authorized; 33,949 and 33,624 shares issued and outstanding at April 4, 2015 and January 3, 2015, respectively 34 33 Additional paid-in capital 174,552 174,369 Accumulated other comprehensive income 350 360 Accumulated deficit (155,609) (155,489) Total stockholders' equity 19,331 19,277 Noncontrolling interest 2,690 2,946 Total stockholders' equity 22,021 22,223 Total liabilities and equity 83,839 $ 82,907 $ |
