ACQUISITIONS (Tables)

9 Months Ended

Sep. 27, 2015

Business Combinations [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The preliminary purchase price has been allocated to the assets acquired and liabilities assumed as of the date of acquisition as follows:

Accounts receivable	$	2,463,724
Property and equipment	22,100
Prepaid expenses and other current assets	3,299
Intangible assets	8,254,000
Goodwill	684,890
Liabilities assumed	(611,108		)
Total net assets acquired	$	10,816,905
Cash	$	8,781,091
Fair value of contingent consideration	2,035,814
Total fair value of consideration transferred for acquired business	$	10,816,905

Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination

The allocation of the intangible assets is as follows:

	Estimated Fair Value		Estimated  Useful Lives
Covenants not to compete	$	250,000	5 years
Trade name	4,508,000		Indefinite
Customer list	3,496,000		5 years
Total	$	8,254,000

Business Acquisition, Pro Forma Information

The Company estimates that the revenues and net income (loss) for the periods below that would have been reported if the D&W acquisition had taken place on the first day of Fiscal 2014 would be as follows (dollars in thousands, except per share amounts):

	Thirteen Weeks Ended				Thirty-nine Weeks Ended
	September 27, 2015		September 28, 2014		September 27, 2015		September 28, 2014
Revenues	$	60,171	$	53,438	$	153,890	$	142,099
Net income (loss)	$	2,215	$	716	$	4,027	$	(455	)
Income per share:
Basic	$	0.30	$	0.13	$	0.58	$	(0.08	)
Diluted	$	0.29	$	0.12	$	0.56	$	(0.08	)