| |
Fiscal Quarter
Ended |
| |
April 16, 2005
|
April 17, 2004
|
| Statements of Operations: |
| Revenue |
$ 138,324 |
$ 131,318 |
| Costs of services |
114,449 |
109,187 |
| Gross profit |
23,875 |
22,131 |
| Gross margin |
17.3% |
16.9% |
| Franchise agents' share of gross profit |
4,056 |
3,985 |
| Selling and administrative expenses |
18,923 |
16,374 |
| Depreciation and amortization |
966 |
1,071 |
| Operating income (loss) |
(70) |
701 |
| Interest expense |
313 |
442 |
| Interest income |
(32) |
(14) |
| Income (loss) before income taxes |
(351) |
273 |
| Provision for income taxes |
20 |
105 |
| Income (loss) from continuing operations |
(371) |
168 |
| Income from discontinued operations |
|
- |
| Net income (loss) |
$ (371) |
$ 168 |
| Basic and diluted earnings (loss) per share |
$ (0.02) |
$ 0.01 |
| |
$ - |
$ - |
| |
$ (0.02) |
$ 0.01 |
| Weighted average common shares outstanding - basic |
16,302 |
16,032 |
| Weighted average common shares outstanding - diluted |
16,302 |
16,036 |
| |
|
|
| |
24 Weeks Ended |
| |
April 16, 2005
|
April 17, 2004
|
| Statements of Operations: |
| Revenue |
276,566 |
253,904 |
| Costs of services |
229,107 |
211,024 |
| Gross profit |
47,459 |
42,880 |
| Gross margin |
17.2% |
16.9% |
| Franchise agents' share of gross profit |
8,030 |
7,787 |
| Selling and administrative expenses |
36,463 |
32,568 |
| Depreciation and amortization |
1,937 |
2,174 |
| Operating income |
1,029 |
351 |
| Interest expense |
736 |
914 |
| Interest income |
(58) |
(34) |
| Income (loss) before income taxes |
351 |
(529) |
| Provision for income taxes |
216 |
208 |
| Net income (loss) |
$ 135 |
$ (737) |
| Basic and diluted earnings (loss) per share |
$ 0.01 |
$ (0.05) |
| Weighted average common shares outstanding - basic |
16,175 |
16,024 |
| Weighted average common shares outstanding - diluted |
16,378 |
16,024 |
| |
|
|
| Balance Sheet Highlights: |
April 16, 2005
|
October 30, 2004
|
| |
|
|
| Current assets |
$ 83,819 |
$ 98,245 |
| Property and equipment, net |
10,991 |
10,184 |
| Goodwill |
11,801 |
11,760 |
| Other long-term assets |
11,157 |
2,219 |
| Total assets |
$ 117,768 |
$ 122,408 |
| Current liabilities |
$ 58,551 |
$ 64,731 |
| Long term liabilities |
18,326 |
17,830 |
| Total liabilities |
76,877 |
82,561 |
| Stockholders' equity |
40,891 |
39,847 |
| Total liabilities and stockholders' equity |
$ 117,768 |
$ 122,408 |
|
