Note 4 - Accounts Receivable

6 Months Ended

Jul. 02, 2011

Loans, Notes, Trade and Other Receivables Disclosure [Text Block]

4. Accounts Receivable

The Company’s accounts receivable are comprised as follows:

	July 2, 2011			January 1, 2011
Billed	$	32,428		$	31,265
Accrued and unbilled		2,191			3,381
Work-in-progress		9,800			7,858
Allowance for doubtful accounts and sales discounts		(1,257	)		(1,291	)
Accounts receivable, net	$	43,162		$	41,213

The Company entered into an agreement to provide among other things construction management services. Pursuant to the agreement, the Company: a) engaged subcontractors to provide construction services; b) earns a fixed percentage of the fee and c) assumes no ownership or risks of inventory, therefore substantially acts as an agent. Under the terms of the agreement, the Company is not required to pay the subcontractor until a corresponding payment from the Company’s client is received. Such pass-through amounts as of July 2, 2011 are not material.