Englobal (ENGC) 10-Q 3 Nov 17 2017 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2017	Nov. 01, 2017
Document And Entity Information
Entity Registrant Name	ENGLOBAL CORP
Entity Central Index Key	933,738
Document Type	10-Q
Document Period End Date	Sep. 30, 2017
Amendment Flag	false
Current Fiscal Year End Date	--12-30
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		27,513,574
Trading Symbol	ENG
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2,017

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 24, 2016	Sep. 30, 2017	Sep. 24, 2016
Income Statement [Abstract]
Operating revenues	$ 12,896	$ 15,968	$ 41,336	$ 44,622
Operating costs	11,275	12,087	35,471	37,215
Gross profit	1,621	3,881	5,865	7,407
Selling, general and administrative expenses	3,041	3,511	9,503	10,214
Operating income (loss)	(1,420)	370	(3,638)	(2,807)
Other income (expense):
Other income, net	2	10	57	17
Interest expense, net	(19)	(44)	(95)	(129)
Income (loss) from operations before income taxes	(1,437)	336	(3,676)	(2,919)
Provision (benefit) for federal and state income taxes	10,717	(153)	10,250	(1,056)
Net income (loss)	$ (12,154)	$ 489	$ (13,926)	$ (1,863)
Basic and diluted income (loss) per common share:	$ (0.44)	$ 0.02	$ (0.51)	$ (0.07)
Basic and diluted weighted average shares used in computing earnings (loss) per share:	27,446,000	27,700,000	27,257,000	27,823,000

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Current Assets:
Cash, cash equivalents and restricted cash	$ 10,898	$ 15,687
Trade receivables, net of allowances of $302 and $422	10,579	10,455
Prepaid expenses and other current assets	528	1,240
Costs and estimated earnings in excess of billings on uncompleted contracts	4,099	2,434
Total Current Assets	26,104	29,816
Property and equipment, net	1,084	1,194
Goodwill	2,806	2,806
Deferred tax asset		10,208
Other assets	251	412
Total Assets	30,245	44,436
Current Liabilities:
Accounts payable	2,174	2,876
Accrued compensation and benefits	1,711	2,099
Billings in excess of costs and estimated earnings on uncompleted contracts	2,202	1,371
Other current liabilities	854	1,270
Total Current Liabilities	6,941	7,616
Long Term Leases	2	14
Total Liabilities	6,943	7,630
Commitments and Contingencies (Note 8)
Stockholders' Equity:
Common stock - $0.001 par value; 75,000,000 shares authorized; 27,513,574 and 27,190,082 shares issued and outstanding at September 30, 2017 and December 31, 2016, respectively	28	27
Additional paid-in capital	36,743	36,322
Accumulated (deficit) earnings	(13,469)	457
Total Stockholders' Equity	23,302	36,806
Total Liabilities and Stockholders' Equity	$ 30,245	$ 44,436

Condensed Consolidated Balance4

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Trade receivables, allowances	$ 302	$ 422
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	75,000,000	75,000,000
Common stock, shares issued	27,513,574	27,190,082
Common stock, shares outstanding	27,513,574	27,190,082

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 24, 2016
Cash Flows from Operating Activities:
Net loss	$ (13,926)	$ (1,863)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	791	868
Share-based compensation expense	288	367
Loss on disposal of fixed assets		1
Stock issuance to vendor	225
Deferred tax asset	10,208	(1,237)
Changes in current assets and liabilities:
Trade accounts receivable	(124)	11,026
Costs and estimated earnings in excess of billings on uncompleted contracts	(1,665)	1,910
Other current assets	636	832
Accounts payable	(702)	276
Accrued compensation and benefits	(388)	(442)
Billings in excess of costs and estimated earnings on uncompleted contracts	831	(1,776)
Income taxes payable	181	(237)
Other current liabilities, net	(351)	33
Net cash provided by (used in) operating activities	(3,996)	9,758
Cash Flows from Investing Activities:
Proceeds from notes receivable	45	30
Property and equipment acquired	(590)	(84)
Net cash used in investing activities	(545)	(54)
Cash Flows from Financing Activities:
Purchase of treasury stock	(91)	(1,100)
Debt issuance cost		(20)
Payments on capitalized leases	(157)	(245)
Net cash used in financing activities	(248)	(1,365)
Net change in cash, cash equivalents and restricted cash	(4,789)	8,339
Cash, cash equivalents and restricted cash, at beginning of period	15,687	7,806
Cash, cash equivalents and restricted cash, at end of period	10,898	16,145
Supplemental disclosure of cash flow information:
Cash paid during the period for interest	100	131
Cash paid (received) during the period for income taxes (net of refunds)	$ (148)	$ 428

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2017
Accounting Policies [Abstract]
Basis of Presentation	NOTE 1 – BASIS OF PRESENTATION The accompanying unaudited condensed consolidated financial statements of ENGlobal Corporation (which may be referred to as “ENGlobal,” the “Company,” “we,” “us,” or “our”) were prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information and the rules and regulations of the Securities and Exchange Commission. Accordingly, these condensed financial statements do not include all of the information or note disclosures normally included in annual financial statements prepared in accordance with U.S. GAAP. These condensed financial statements should be read in conjunction with the audited financial statements for the year ended December 31, 2016, included in the Company’s 2016 Annual Report on Form 10-K filed with the Securities and Exchange Commission. The condensed financial statements included herein are unaudited for the three and nine month periods ended September 30, 2017 and September 24, 2016, and in the case of the condensed balance sheet as of December 31, 2016, have been derived from the audited financial statements of the Company. These financial statements reflect all adjustments (consisting of normal recurring adjustments), which are, in the opinion of management, necessary to fairly present the results for the periods presented. The Company has assessed subsequent events through the date of filing of these condensed financial statements with the Securities and Exchange Commission and believes that the disclosures made herein are adequate to make the information presented herein not misleading. We had no items of other comprehensive income in any period presented; therefore, no other components of comprehensive income or comprehensive income are presented. Each of our quarters is comprised of 13 weeks. Changes in Accounting In March 2016, the Financial Statements Accounting Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-09, Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting In November 2016, the FASB Issued Update 2016-18, Statement of Cash flows (Topic 230): Restricted Cash (a consensus of the FASB Emerging Issues Task Force) New Accounting Pronouncements Not Yet Adopted In May 2014, the FASB issued ASU No. 2014-09 , Revenue From Contracts with Customers (Topic 606) In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments. In January 2017, the FASB issued ASU No. 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment

Cash, Cash Equivalents and Rest

Cash, Cash Equivalents and Restricted Cash	9 Months Ended
	Sep. 30, 2017
Cash and Cash Equivalents [Abstract]
Cash, Cash Equivalents and Restricted Cash	NOTE 2 – CASH, CASH EQUIVALENTS AND RESTRICTED CASH The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated financial statements: September 30, 2017 December 31, 2016 (dollars in thousands) Cash and cash equivalents $ 10,238 $ 15,687 Restricted cash 660 — Total cash, cash equivalents and restricted cash $ 10,898 $ 15,687 Amounts included in restricted cash represent those required to be set aside to collateralize a letter of credit required by a customer. This letter of credit will expire in December 2017.

Contracts

Contracts	9 Months Ended
	Sep. 30, 2017
Contractors [Abstract]
Contracts	NOTE 3 - CONTRACTS Costs, estimated earnings and billings on uncompleted contracts consisted of the following at September 30, 2017 and December 31, 2016: September 30, 2017 December 31, 2016 (dollars in thousands) Costs incurred on uncompleted contracts $ 54,116 $ 58,933 Estimated earnings on uncompleted contracts 15,345 24,694 Earned revenues 69,461 83,627 Less: billings to date 67,564 82,564 Net costs and estimated earnings in excess of billings on uncompleted contracts $ 1,897 $ 1,063 Costs and estimated earnings in excess of billings on uncompleted contracts $ 4,099 $ 2,434 Billings in excess of costs and estimated earnings on uncompleted contracts (2,202 ) (1,371 ) Net costs and estimated earnings in excess of billings on uncompleted contracts $ 1,897 $ 1,063 Revenue on fixed-price contracts is recorded primarily using the percentage-of-completion (cost-to-cost) method. Revenue and gross margin on fixed-price contracts are subject to revision throughout the lives of the contracts and any required adjustments are made in the period in which the revisions become known. To manage unknown risks, management may use contingency amounts to increase the estimated costs, therefore, lowering the earned revenues until the risks are better identified and quantified or have been mitigated. We currently have $1.1 million in contingency amounts as of September 30, 2017 compared to $0.9 million as of December 31, 2016. Losses on contracts are recorded in full as they are identified. Fixed price contracts generally include retainage provisions under which a percentage of the contract price is withheld until the project is complete and has been accepted by our customer. We currently have $0.3 million in retainage as of September 30, 2017 compared to $1.4 million as of December 31, 2016. We recognize service revenue as soon as the services are performed. For clients that we consider higher risk, due to past payment history or history of not providing written work authorizations, we have deferred revenue recognition until we receive either a written authorization or a payment. We currently have $0.5 million in deferred revenue recognition as of September 30, 2017 compared to $0.1 million as of December 31, 2016. This deferred revenue represents work on not–to-exceed contracts that has been performed but has not been billed or booked as revenue due to our revenue recognition policies as the work was performed outside the contracted amount without obtaining proper work order changes. It is uncertain as to whether these revenues will eventually be recognized by us or the proceeds collected. The costs associated with these billings have been expensed as incurred.

Line of Credit and Letter of Cr

Line of Credit and Letter of Credit Facilities	9 Months Ended
	Sep. 30, 2017
Debt Disclosure [Abstract]
Line of Credit and Letter of Credit Facilities	NOTE 4 – LINE OF CREDIT AND LETTER OF CREDIT FACILITIES Line of Credit Facility On March 31, 2017, the Company terminated its credit facility with Regions Bank. There were no loans outstanding under that facility on that date. See “Note 6 - Credit Facilities” to our financial statements included in our 2016 Annual Report on Form 10-K for a description of the material terms of the Regions Bank credit facility. The facility was terminated because the Company believes that its cash on hand, internally generated funds and other working capital are sufficient to fund its current operations and near term growth. In addition, the elimination of the facility, which was scheduled to expire in September 2017, will significantly reduce costs to the Company.

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2017
Segment Reporting [Abstract]
Segment Information	NOTE 5 – SEGMENT INFORMATION The Engineering, Procurement and Construction Management (“EPCM”) segment provides services relating to the development, management and execution of projects requiring professional engineering and related project services primarily to the energy industry throughout the United States. The EPCM segment includes the government services group, which provides engineering, design, installation and operation and maintenance of various government, public sector and international facilities and the fabrication operation. The Automation segment provides services related to the design, integration and implementation of advanced automation, information technology, process distributed control systems, analyzer systems, and electrical projects primarily to the upstream and downstream sectors throughout the United States. Revenues, operating income, and identifiable assets for each segment are set forth in the following table. The amount identified as Corporate includes those activities that are not allocated to the operating segments and includes costs related to business development, executive functions, finance, accounting, safety, human resources and information technology that are not specifically identifiable with the segments. Segment information for the three months ended September 30, 2017 and September 24, 2016 is as follows (dollars in thousands): For the three months ended September 30, 2017: EPCM Automation Corporate Consolidated Revenue $ 8,573 $ 4,323 $ — $ 12,896 Gross profit 899 722 — 1,621 SG&A 873 531 1,637 3,041 Operating income (loss) 26 191 (1,637 ) (1,420 ) Other income 2 Interest expense, net (19 ) Tax (expense) (10,717 ) Net loss $ (12,154 ) For the three months ended September 24, 2016: EPCM Automation Corporate Consolidated Revenue $ 8,216 $ 7,752 $ — $ 15,968 Gross profit 1,454 2,427 — 3,881 SG&A 909 685 1,917 3,511 Operating income (loss) 545 1,742 (1,917 ) 370 Other income 10 Interest expense, net (44 ) Tax benefit 153 Net income $ 489 Segment information for the nine months ended September 30, 2017 and September 24, 2016 is as follows (dollars in thousands): For the nine months ended September 30, 2017: EPCM Automation Corporate Consolidated Revenue $ 26,833 $ 14,503 $ — $ 41,336 Gross profit 3,618 2,247 — 5,865 SG&A 2,667 1,670 5,166 9,503 Operating income (loss) 951 577 (5,166 ) (3,638 ) Other income 57 Interest expense, net (95 ) Tax (expense) (10,250 ) Net loss $ (13,926 ) For the nine months ended September 24, 2016: EPCM Automation Corporate Consolidated Revenue $ 25,000 $ 19,622 $ — $ 44,622 Gross profit 2,877 4,530 — 7,407 SG&A 2,432 2,203 5,579 10,214 Operating income (loss) 445 2,327 (5,579 ) (2,807 ) Other income 17 Interest expense, net (129 ) Tax benefit 1,056 Net loss $ (1,863 ) Total Assets by Segment As of September 30, 2017 As of December 31, 2016 (dollars in thousands) EPCM $ 8,316 $ 6,530 Automation 10,503 10,296 Corporate 11,426 27,610 Consolidated $ 30,245 $ 44,436

Federal and State Income Taxes

Federal and State Income Taxes	9 Months Ended
	Sep. 30, 2017
Income Tax Disclosure [Abstract]
Federal and State Income Taxes	NOTE 6 – FEDERAL AND STATE INCOME TAXES The Company accounts for income taxes in accordance with FASB Accounting Standards Codification 740, “Income Taxes” (“ASC 740”). Under ASC 740 for the three and nine months ended September 24, 2016, we estimated an annual effective tax rate based on year-to-date operating results and our projection of operating results for the remainder of the year. We applied this annual effective tax rate to the year-to-date operating results. Certain states are not included in the calculation of the estimated annual effective tax rate because the underlying basis for the tax is related to revenues and not taxable income. Amounts for Texas margin taxes are reported as income tax expense. During the quarter ended September 30, 2017, management recorded an $11.3 million valuation allowance against the deferred tax assets. ASC Topic 740 requires all available evidence, both positive and negative, be considered to determine whether, based on the weight of that evidence, a valuation allowance is needed. During the quarter ended September 30, 2017, based upon the Company’s recent performance, management determined the realization of deferred tax assets is uncertain as tax planning strategies and projections of future taxable income in its evaluation of the realizability of its deferred tax assets as of September 30, 2017 did not outweigh recent loss history. As a result of the valuation allowance recorded against our deferred tax assets as of September 30, 2017, the effective income tax rates for the three and nine month periods ended September 30, 2017 were not meaningful. The effective income tax rates for the three and nine month periods ended September 24, 2016 were 45.8% and 36.2%, respectively. The Company applies a more likely than not recognition threshold for all tax uncertainties. The FASB guidance for uncertain tax positions only allows the recognition of those tax benefits, based on their technical merits that have a greater than 50 percent likelihood of being sustained upon examination by the taxing authorities. Management has reviewed the Company’s tax positions and determined there are no uncertain tax positions requiring recognition in the financial statements. U.S. federal tax returns prior to 2013 and Texas margins tax returns prior to 2013 are closed. Generally, the applicable statues of limitations are three to four years from their filings.

Stock Repurchase Program

Stock Repurchase Program	9 Months Ended
	Sep. 30, 2017
Equity [Abstract]
Stock Repurchase Program	NOTE 7 – STOCK REPURCHASE PROGRAM On April 21, 2015, the Company announced that its Board of Directors authorized the repurchase of up to $2 million of the Company’s common stock from time to time through open market or privately negotiated transactions, based on prevailing market conditions. The Company is not obligated to repurchase any dollar amount or specific number of shares of common stock under the repurchase program, which may be suspended or discontinued at any time. As of September 30, 2017, the Company had purchased and retired 1,191,050 shares for $1.5 million under this program with no shares purchased in the three months ended September 30, 2017. The stock repurchase program was suspended on May 16, 2017.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	NOTE 8 – COMMITMENTS AND CONTINGENCIES From time to time, ENGlobal or one or more of its subsidiaries is involved in various legal proceedings or is subject to claims that arise in the ordinary course of business alleging, among other things, claims of breach of contract or negligence in connection with the performance or delivery of goods and/or services. The outcome of any such claims or proceedings cannot be predicted with certainty. Management is not aware of any pending or threatened lawsuits or proceedings that are expected to have a material effect on our financial position, results of operations or liquidity. We carry a broad range of insurance coverage, including general and business automobile liability, commercial property, professional errors and omissions, workers’ compensation insurance, directors’ and officers’ liability insurance and a general umbrella policy, all with standard self-insured retentions/deductibles. We also provide health insurance to our employees (including vision and dental), and are partially self-funded for these claims. Provisions for expected future payments are accrued based on our experience, and specific stop loss levels provide protection for the Company. We believe we have adequate reserves for the self-funded portion of our insurance policies. We are not aware of any material litigation or claims that are not covered by these policies or which are likely to materially exceed the Company’s insurance limits.

Basis of Presentation (Policies

Basis of Presentation (Policies)	9 Months Ended
	Sep. 30, 2017
Accounting Policies [Abstract]
Changes in Accounting	Changes in Accounting In March 2016, the Financial Statements Accounting Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-09, Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting In November 2016, the FASB Issued Update 2016-18, Statement of Cash flows (Topic 230): Restricted Cash (a consensus of the FASB Emerging Issues Task Force)
New Accounting Pronouncements Not Yet Adopted	New Accounting Pronouncements Not Yet Adopted In May 2014, the FASB issued ASU No. 2014-09 , Revenue From Contracts with Customers (Topic 606) In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments. In January 2017, the FASB issued ASU No. 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment

Cash, Cash Equivalents and Re15

Cash, Cash Equivalents and Restricted Cash (Tables)	9 Months Ended
	Sep. 30, 2017
Cash and Cash Equivalents [Abstract]
Schedule of Cash, Cash Equivalents and Restricted Cash	The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated financial statements: September 30, 2017 December 31, 2016 (dollars in thousands) Cash and cash equivalents $ 10,238 $ 15,687 Restricted cash 660 — Total cash, cash equivalents and restricted cash $ 10,898 $ 15,687

Contracts (Tables)

Contracts (Tables)	9 Months Ended
	Sep. 30, 2017
Contractors [Abstract]
Schedule of Costs Estimated Earnings and Billings on Uncompleted Contracts	Costs, estimated earnings and billings on uncompleted contracts consisted of the following at September 30, 2017 and December 31, 2016: September 30, 2017 December 31, 2016 (dollars in thousands) Costs incurred on uncompleted contracts $ 54,116 $ 58,933 Estimated earnings on uncompleted contracts 15,345 24,694 Earned revenues 69,461 83,627 Less: billings to date 67,564 82,564 Net costs and estimated earnings in excess of billings on uncompleted contracts $ 1,897 $ 1,063 Costs and estimated earnings in excess of billings on uncompleted contracts $ 4,099 $ 2,434 Billings in excess of costs and estimated earnings on uncompleted contracts (2,202 ) (1,371 ) Net costs and estimated earnings in excess of billings on uncompleted contracts $ 1,897 $ 1,063

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2017
Segment Reporting [Abstract]
Schedule of Segment Information for Operation Statement	Segment information for the three months ended September 30, 2017 and September 24, 2016 is as follows (dollars in thousands): For the three months ended September 30, 2017: EPCM Automation Corporate Consolidated Revenue $ 8,573 $ 4,323 $ — $ 12,896 Gross profit 899 722 — 1,621 SG&A 873 531 1,637 3,041 Operating income (loss) 26 191 (1,637 ) (1,420 ) Other income 2 Interest expense, net (19 ) Tax (expense) (10,717 ) Net loss $ (12,154 ) For the three months ended September 24, 2016: EPCM Automation Corporate Consolidated Revenue $ 8,216 $ 7,752 $ — $ 15,968 Gross profit 1,454 2,427 — 3,881 SG&A 909 685 1,917 3,511 Operating income (loss) 545 1,742 (1,917 ) 370 Other income 10 Interest expense, net (44 ) Tax benefit 153 Net income $ 489 Segment information for the nine months ended September 30, 2017 and September 24, 2016 is as follows (dollars in thousands): For the nine months ended September 30, 2017: EPCM Automation Corporate Consolidated Revenue $ 26,833 $ 14,503 $ — $ 41,336 Gross profit 3,618 2,247 — 5,865 SG&A 2,667 1,670 5,166 9,503 Operating income (loss) 951 577 (5,166 ) (3,638 ) Other income 57 Interest expense, net (95 ) Tax (expense) (10,250 ) Net loss $ (13,926 ) For the nine months ended September 24, 2016: EPCM Automation Corporate Consolidated Revenue $ 25,000 $ 19,622 $ — $ 44,622 Gross profit 2,877 4,530 — 7,407 SG&A 2,432 2,203 5,579 10,214 Operating income (loss) 445 2,327 (5,579 ) (2,807 ) Other income 17 Interest expense, net (129 ) Tax benefit 1,056 Net loss $ (1,863 ) Total Assets by Segment As of September 30, 2017 As of December 31, 2016 (dollars in thousands) EPCM $ 8,316 $ 6,530 Automation 10,503 10,296 Corporate 11,426 27,610 Consolidated $ 30,245 $ 44,436

Basis of Presentation (Details

Basis of Presentation (Details Narrative) $ in Thousands	9 Months Ended
	Sep. 30, 2017USD ($)
Accounting Policies [Abstract]
Benefit in stock compensation related to forfeitures	$ 10

Cash, Cash Equivalents and Re19

Cash, Cash Equivalents and Restricted Cash (Details Narrative)	9 Months Ended
	Sep. 30, 2017
Cash and Cash Equivalents [Abstract]
Letter of credit expiration, description	Letter of credit will expire in December 2017.

Cash, Cash Equivalents and Re20

Cash, Cash Equivalents and Restricted Cash - Schedule of Cash, Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016	Sep. 24, 2016	Dec. 26, 2015
Cash and Cash Equivalents [Abstract]
Cash and cash equivalents	$ 10,238	$ 15,687
Restricted cash	660
Total cash, cash equivalents and restricted cash	$ 10,898	$ 15,687	$ 16,145	$ 7,806

Contracts (Details Narrative)

Contracts (Details Narrative) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Dec. 31, 2016
Contractors [Abstract]
Deferred revenue, description	Revenue on fixed-price contracts is recorded primarily using the percentage-of-completion (cost-to-cost) method. Revenue and gross margin on fixed-price contracts are subject to revision throughout the lives of the contracts and any required adjustments are made in the period in which the revisions become known. To manage unknown risks, management may use contingency amounts to increase the estimated costs, therefore, lowering the earned revenues until the risks are better identified and quantified or have been mitigated.
Contingency amounts	$ 1,100	$ 900
Retainage	300	1,400
Deferred revenue, current	$ 500	$ 100

Contracts - Schedule of Costs E

Contracts - Schedule of Costs Estimated Earnings and Billings on Uncompleted Contracts (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Contractors [Abstract]
Costs incurred on uncompleted contracts	$ 54,116	$ 58,933
Estimated earnings on uncompleted contracts	15,345	24,694
Earned revenues	69,461	83,627
Less: billings to date	67,564	82,564
Net costs and estimated earnings in excess of billings on uncompleted contracts	1,897	1,063
Costs and estimated earnings in excess of billings on uncompleted contracts	4,099	2,434
Billings in excess of costs and estimated earnings on uncompleted contracts	(2,202)	(1,371)
Net costs and estimated earnings in excess of billings on uncompleted contracts	$ 1,897	$ 1,063

Segment Information - Schedule

Segment Information - Schedule of Segment Information for Operation Statement (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 24, 2016	Sep. 30, 2017	Sep. 24, 2016	Dec. 31, 2016
Revenue	$ 12,896	$ 15,968	$ 41,336	$ 44,622
Gross profit	1,621	3,881	5,865	7,407
SG&A	3,041	3,511	9,503	10,214
Operating income (loss)	(1,420)	370	(3,638)	(2,807)
Other income	2	10	57	17
Interest expense, net	(19)	(44)	(95)	(129)
Tax (expense)	(10,717)	153	(10,250)	1,056
Net loss	(12,154)	489	(13,926)	(1,863)
Total Assets	30,245		30,245		$ 44,436
EPCM [Member]
Revenue	8,573	8,216	26,833	25,000
Gross profit	899	1,454	3,618	2,877
SG&A	873	909	2,667	2,432
Operating income (loss)	26	545	951	445
Total Assets	8,316		8,316		6,530
Automation [Member]
Revenue	4,323	7,752	14,503	19,622
Gross profit	722	2,427	2,247	4,530
SG&A	531	685	1,670	2,203
Operating income (loss)	191	1,742	577	2,327
Total Assets	10,503		10,503		10,296
Corporate [Member]
Revenue
Gross profit
SG&A	1,637	1,917	5,166	5,579
Operating income (loss)	(1,637)	$ (1,917)	(5,166)	$ (5,579)
Total Assets	$ 11,426		$ 11,426		$ 27,610

Federal and State Income Taxes

Federal and State Income Taxes (Details Narrative) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 24, 2016	Sep. 30, 2017	Sep. 24, 2016
Income Tax Disclosure [Abstract]
Income tax benefits likelihood percentage of description		greater than 50 percent likelihood
Deferred tax assets, valuation allowance		$ 11,300
Effective income tax rate, percent	45.80%		36.20%

Stock Repurchase Program (Detai

Stock Repurchase Program (Details Narrative) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2017	Apr. 21, 2015
Stock repurchased and retired during period, shares		1,191,050
Stock repurchased and retired during period, value		$ 1,500
Board of Directors [Member] | Maximum [Member]
Stock repurchase program, authorized amount			$ 2,000