Note 15 - Discontinued Operations

9 Months Ended

Oct. 01, 2011

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

15. Discontinued Operations

In September 2010, the Company sold the fixed and intangible assets associated with its light industrial and clerical staffing business located in southern California and doing business under the name Intertec.  Accounts receivable and certain short term liabilities of this business unit were retained by the Company.  The Company received cash of $400 and recognized a gain of $143 on the sale of Intertec during the 2010 fiscal year.  The Intertec business unit had been grouped with its Specialty Health Care business unit in the Company’s formerly named Commercial Services segment.  The Company may experience continued operating losses from the clerical staffing business if future workers compensation losses exceed the Company’s reserves but the Company does not presently anticipate any material losses, if any.

In March 2010, the Company closed its Oracle business unit located in southern California.  The closed business unit, included in the Company’s Information Technology segment, sold Oracle software applications and provided implementation, hosting and maintenance services for the suite of Oracle and related software applications.  The Company may experience continued losses in its Oracle business unit as a result of representations and warranties made in association with certain completed projects in excess of accruals but the Company does not anticipate any material losses, if any.

The Intertec and Oracle business units have been classified as discontinued operations for all periods presented.

The net assets and liabilities of discontinued operations consist of:

	October 1,		January 1,
	2011		2011
Assets:
Accounts receivable, net		$2		$2
Total assets		$2		$2
Liabilities:
Accounts payable and accrued expenses		$11		$45
Total liabilities		$11		$45

The loss from discontinued operations consists of:

	Thirteen Week Periods Ended					Thirty-Nine Week Periods Ended
	October 1, 2011		October 2, 2010			October 1, 2011		October 2, 2010
Revenues		$-		$3,425			$-		$11,689
Cost of services		-		2,999			-		10,734
Gross profit		-		426			-		955
Operating costs and expenses
Selling, general and administrative		-		462			-		1,732
Depreciation		-		5			-		41
Loss on disposal of fixed assets		-		-			-		269
		-		467			-		2,042
Operating income (loss) from discontinued operations		-		(41	)		-		(1,087	)
Income tax (expense) benefit		-		35			-		495
Net income (loss) from discontinued operations		-		(6	)		-		(592	)
Gain on sale of discontinued operations, net of tax expense		-		78			-		78
Net gain (loss) from discontinued operations		$-		$72			$-		$(514	)