XML 15 R4.htm IDEA: XBRL DOCUMENT v3.23.3
CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 24, 2022
Sep. 30, 2023
Sep. 24, 2022
Income Statement [Abstract]        
NET SALES $ 68,576 $ 71,762 $ 209,669 $ 233,034
Cost of sales 50,341 59,225 153,821 189,266
GROSS PROFIT 18,235 12,537 55,848 43,768
Selling and administrative expenses 18,743 18,606 54,195 54,875
Other operating (income) expense, net (147) 113 (313) 258
Facility consolidation and severance expenses, net 552 968 2,320 968
OPERATING LOSS (913) (7,150) (354) (12,333)
Interest expense 1,795 1,302 5,503 3,498
Other income, net (622) (2) (634) (3)
LOSS FROM CONTINUING OPERATIONS BEFORE TAXES (2,086) (8,450) (5,223) (15,828)
Income tax provision (benefit) 125 (78) 159 (94)
LOSS FROM CONTINUING OPERATIONS (2,211) (8,372) (5,382) (15,734)
Loss from discontinued operations, net of tax (183) (408) (496) (890)
NET LOSS $ (2,394) $ (8,780) $ (5,878) $ (16,624)
BASIC EARNINGS (LOSS) PER SHARE:        
Continuing operations (in dollars per share) $ (0.15) $ (0.55) $ (0.36) $ (1.04)
Discontinued operations (in dollars per share) (0.01) (0.03) (0.04) (0.05)
Net loss (in dollar per share) $ (0.16) $ (0.58) $ (0.40) $ (1.09)
Basic shares outstanding (in shares) 14,824 15,226 14,769 15,196
DILUTED EARNINGS (LOSS) PER SHARE:        
Continuing operations (in dollars per share) $ (0.15) $ (0.55) $ (0.36) $ (1.04)
Discontinued operations (in dollars per share) (0.01) (0.03) (0.04) (0.05)
Net loss (in dollars per share) $ (0.16) $ (0.58) $ (0.40) $ (1.09)
Diluted shares outstanding (in shares) 14,824 15,226 14,769 15,196
DIVIDENDS PER SHARE:        
Common stock (in dollars per share) $ 0 $ 0 $ 0 $ 0
Class B common stock (in dollars per share) $ 0 $ 0 $ 0 $ 0