Quarterly Financial Data (Unaudited)

12 Months Ended

Jan. 01, 2021

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data (Unaudited)

Note 19 — Quarterly Financial Data (Unaudited)

Summary unaudited quarterly financial data from continuing operations for years ended 2020 and 2019 was as follows (in thousands except per share data). The Company has derived this data from the unaudited consolidated interim financial statements that, in the Company’s opinion, have been prepared on substantially the same basis as the audited financial statements contained elsewhere in this report and include all normal recurring adjustments necessary for a fair presentation of the financial information for the periods presented. These unaudited quarterly results should be read in conjunction with the financial statements and notes thereto included elsewhere in this report. The operating results in any quarter are not necessarily indicative of the results that may be expected for any future period.

January 1, 2021	1st Quarter			2nd Quarter			3rd Quarter		4th Quarter
Net sales	$	35,187		$	35,194		$	47,081	$	45,998
Gross profit		24,760			24,430			34,871		34,301
Net income (loss)		(134	)		(1,172	)		3,892		3,327
Net income (loss) per share – basic		—			(0.03	)		0.08		0.07
Net income (loss) per share – diluted		—			(0.03	)		0.08		0.07
January 3, 2020	1st Quarter			2nd Quarter			3rd Quarter		4th Quarter
Net sales	$	32,583		$	39,664		$	39,055	$	38,883
Gross profit		24,180			29,899			29,051		28,824
Net income		1,367			3,914			2,388		6,379
Net income per share – basic		0.03			0.09			0.05		0.14
Net income per share – diluted		0.03			0.08			0.05		0.14

Quarterly and year-to-date computations of net income per share amounts are made independently. Therefore, the sum of the per share amounts for the quarters may not agree with the per share amounts for the year.