NOTE 3 - DISCONTINUED OPERATIONS

6 Months Ended

Jun. 29, 2013

Discontinued Operations and Disposal Groups [Abstract]

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

NOTE 3 – DISCONTINUED OPERATIONS

On September 10, 2012, the Company entered into a definitive agreement to sell its Field Solutions segment. The Field Solutions segment included the Land and Right-of-Way and Inspection divisions, primarily serving pipeline and electric power companies. On November 2, 2012, the Company completed the divestiture of its Land and Right-of-Way division of its Field Solutions segment effective October 26, 2012, and retained the Inspection division pursuant to the terms of the amended definitive agreement. The transaction was valued at approximately $7.5 million, consisting of approximately $4.5 million in retained working capital and a $3.0 million promissory note payable to the Company over four years.  The Company subsequently completed the divestiture of the Inspection division of its Field Solutions segment effective January 3, 2013.  The transaction was valued at approximately $7.9 million, consisting of $1.0 million cash at closing, $5.0 million in retained working capital and a $1.9 million promissory note payable to the Company over four years, resulting in a gain of $2.9 million.

The operations of the Field Solutions segment (and the smaller Electrical Services division) have been classified as discontinued operations and accordingly, are presented as discontinued operations in the Company's consolidated financial statements. The remaining net assets and liabilities related to the discontinued operations are shown on the Consolidated Balance Sheet as "Assets held for sale" and "Liabilities held for sale," respectively. The results of the discontinued operations are shown on the Consolidated Statements of Operations as "Income from discontinued operations, net of taxes".  Summarized financial information for the discontinued operations is shown below (dollars in thousands):

	For the Six Months Ended
	June 29,  2013		June 30, 2012
Revenues	$	—	$	37,884
Costs		—		35,159
Operating income	$	—	$	2,725
SG&A		3		2,027
Other income		2,938		1
Total income before taxes		2,935		699
Tax expense		—		1,558
Net income (loss)	$	2,935	$	(859	)

	June 29, 2013		December 29, 2012
Assets
Prepaid expenses and other current assets	$	—		$	9
Property and equipment, net		—			48
Total assets held for sale	$	—		$	57
Liabilities
Accrued compensation and benefits	$	—		$	99
Total liabilities held for sale	$	—		$	99