Segment information | Segment information As described in Note 1 above, the Company operates in two reportable segments identified as Base USAP, which is the core auto parts business, and AutoMD, an online automotive repair source of which the Company is a majority stockholder. Segment information is prepared on the same basis that our chief executive officer, who is our chief operating decision maker, manages the segments, evaluates financial results, and makes key operating decisions. Management evaluates the performance of its operating segments based on net sales, gross profit and income (loss) from operations. Operating income (loss) represents earnings (loss) before other income, interest expense and income taxes. The identifiable assets by segment disclosed in this note are those assets specifically identifiable within each segment. Summarized segment information for our continuing operations from the two reportable segments for the periods presented is as follows (in thousands): Base USAP AutoMD Consolidated Thirteen weeks ended October 1, 2016 Net sales $ 73,452 $ 63 $ 73,515 Gross profit $ 22,371 $ 43 $ 22,414 Operating costs (1) $ 21,732 $ 766 $ 22,498 Income (loss) from operations $ 639 $ (723 ) $ (84 ) Capital expenditures $ 1,480 $ 203 $ 1,683 Depreciation and amortization $ 1,611 $ 286 $ 1,897 Total assets, net $ 79,771 $ 3,695 $ 83,466 Thirteen weeks ended October 3, 2015 Net sales $ 70,573 $ 75 $ 70,648 Gross profit $ 20,967 $ 75 $ 21,042 Operating costs (1) $ 20,367 $ 897 $ 21,264 Income (loss) from operations $ 600 $ (822 ) $ (222 ) Capital expenditures $ 1,636 $ 332 $ 1,968 Depreciation and amortization $ 1,539 $ 323 $ 1,862 Total assets, net $ 73,946 $ 6,315 $ 80,261 Thirty-nine weeks ended October 1, 2016 Net sales $ 232,197 $ 179 $ 232,376 Gross profit $ 70,604 $ 156 $ 70,760 Operating costs (1) $ 66,485 $ 2,312 $ 68,797 Income (loss) from operations $ 4,119 $ (2,156 ) $ 1,963 Capital expenditures $ 3,835 $ 735 $ 4,570 Depreciation and amortization $ 4,711 $ 890 $ 5,601 Total assets, net $ 79,771 $ 3,695 $ 83,466 Thirty-nine weeks ended October 3, 2015 Net sales $ 223,309 $ 189 $ 223,498 Gross profit $ 63,199 $ 189 $ 63,388 Operating costs (1) $ 62,322 $ 2,413 $ 64,735 Loss from operations $ 877 $ (2,224 ) $ (1,347 ) Capital expenditures $ 4,974 $ 826 $ 5,800 Depreciation and amortization $ 4,571 $ 1,047 $ 5,618 Total assets, net $ 73,946 $ 6,315 $ 80,261 (1) Operating costs for AutoMD primarily consist of depreciation and amortization on fixed assets and personnel costs. Indirect costs are not allocated to AutoMD. The following table summarizes the approximate distribution of Base USAP revenue by product type. Thirteen Weeks Ended Thirty-Nine Weeks Ended October 1, 2016 October 3, 2015 October 1, 2016 October 3, 2015 Private Label Collision 49% 45% 50% 47% Engine 16% 15% 15% 14% Performance 1% 1% 1% 1% Branded Collision 2% 2% 2% 2% Engine 13% 15% 13% 14% Performance 19% 22% 19% 22% Total 100% 100% 100% 100% |