|
|
|
Fiscal Quarter Ended |
|
|
|
|
|
January 21, 2006 |
|
January 22, 2005 |
| Statements of Operations: |
|
|
|
| |
|
|
|
| Revenue |
$ 138,600 |
|
$ 135,305 |
| Costs of services |
115,363 |
|
112,448 |
| Gross profit |
23,237 |
|
22,857 |
| Gross margin |
16.8% |
|
16.9% |
| Franchise agents' share of gross profit |
4,333 |
|
3,974 |
| Selling and administrative expenses |
17,957 |
|
16,785 |
| Depreciation and amortization |
1,169 |
|
959 |
|
|
|
|
| Operating income (loss) |
(222) |
|
1,139 |
| Interest expense |
309 |
|
396 |
| Interest income |
(18) |
|
(21) |
| Income (loss) from continuing operations before income taxes |
(513) |
|
764 |
| Income tax provision (benefit) |
(117) |
|
196 |
| Income (loss) from continuing operations |
(396) |
|
568 |
| Loss from discontinued operations |
- |
|
(62) |
| Net income (loss) |
$ (396) |
|
$ 506 |
|
|
|
|
|
|
|
|
| Earnings (loss) per share: |
|
|
|
|
|
|
|
| Continuing operations |
|
|
|
| Basic |
$ (0.02) |
|
$ 0.04 |
| Diluted |
$ (0.02) |
|
$ 0.03 |
|
|
|
|
| Discontinued operations - basic and diluted |
$ - |
|
$ - |
| Net income (loss) - basic and diluted |
$ (0.02) |
|
$ 0.03 |
|
|
|
|
|
|
|
|
Weighted average common shares outstanding - basic |
16,378 |
|
16,048 |
| Weighted average common shares outstanding - diluted |
16,480 |
|
16,262 |
|
|
|
|
|
|
|
|
|
|
|
|
| Balance Sheet Highlights: |
January 21, 2006 |
|
October 29, 2005 |
|
|
|
|
| Current assets |
$ 88,539 |
|
$ 96,793 |
| Property and equipment, net |
15,190 |
|
15,184 |
| Goodwill |
11,772 |
|
11,770 |
| Other long-term assets |
13,464 |
|
15,035 |
| Total assets |
$ 128,965 |
|
$ 138,782 |
|
|
|
|
| Current liabilities |
$ 47,077 |
|
$ 56,167 |
| Long term liabilities |
20,659 |
|
20,994 |
| Total liabilities |
67,736 |
|
77,161 |
| Stockholders' equity |
61,229 |
|
61,621 |
| Total liabilities and stockholders' equity |
$ 128,965 |
|
$ 138,782 |
|
|
|
|
|
|
|
|
|
