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ASSETS ACQUISITIONS (Tables)
6 Months Ended
Jun. 29, 2019
ASSETS ACQUISITIONS  
Schedule of tangible and intangible net assets acquired

 

 

 

Purchase price

$

11,395

 

 

 

Accounts receivable, net

 

1,448

Other tangible assets

 

864

Intangible assets

 

8,839

Accounts payable and accrued expenses

 

(1,063)

Total identifiable net assets

 

10,088

Goodwill

$

1,307

 

Schedule of pro forma information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months ended

 

 

Six Months Ended

 

 

JUNE 29,

 

JUNE 30,

 

 

JUNE 29,

 

JUNE 30,

 

 

2019

 

2018

 

 

2019

 

2018

 

Revenue

$

29,101

 

$

29,254

 

 

$

55,588

 

$

56,166

 

Pre-tax (loss) income from continuing operations

$

(4,675)

 

$

1,431

 

 

$

8,277

 

$

(5,405)

 

Basic and diluted (loss) earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

From continuing operations

$

(2.01)

 

$

0.63

 

 

$

3.50

 

$

(2.39)

 

Average shares outstanding

 

1,715

 

 

1,698

 

 

 

1,712

 

 

1,697

 

 

Per ASC 805, the chart below summaries the comparative financial statements for revenue and earnings as if all the acquired companies occurred at the beginning of the respective period.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months ended

 

 

Six Months Ended

 

JUNE 29,

 

JUNE 30,

 

 

JUNE 29,

 

JUNE 30,

 

2019

 

2018

 

 

2019

 

2018

Revenue

$

33,429

 

$

31,942

 

 

$

64,764

 

$

61,188

Pre-tax (loss) income from continuing operations

$

(3,401)

 

$

2,242

 

 

$

10,457

 

$

(4,101)