Quarterly report pursuant to Section 13 or 15(d)

Note 2 - ASC 606 Revenue From Contracts With Customers (Tables)

v3.10.0.1
Note 2 - ASC 606 Revenue From Contracts With Customers (Tables)
 6 Months Ended
Jul. 01, 2018
Notes Tables  
Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]
   
Balance at
December 31, 2017
    
Adjustments Due to
ASC 606
    
Balance at
January 1, 2018
  
                         
Assets
  
 
 
 
  
 
 
 
  
 
 
 
Inventories
   $
22,363
     $
(3,414
 )   $
18,949
  
Unbilled contract assets
    
—
      
3,734
      
3,734
  
                         
Shareholders’ Equity
  
 
 
 
  
 
 
 
  
 
 
 
Total shareholders’ equity
    
19,074
      
320
      
19,394
  
   
Balances
Without
Adoption of
ASC 606
    
Effect
of
Change
    
As Reported
 
  
                         
Unbilled contract assets
   $
—
     $
6,808
     $
6,808
  
Inventories
    
31,578
      
(6,364
 )    
25,214
  
                         
Total shareholders’ equity
    
19,425
      
444
      
19,869
  
   
Without
Adoption of ASC 606
    
Impact of
change
    
As reported
  
                         
Revenues
  
 
 
 
  
 
 
 
  
 
 
 
Revenue
   $
43,140
     $
1,339
     $
44,479
  
                         
Cost of sales
    
38,929
      
1,267
      
40,196
  
Gross profit
    
4,211
      
72
      
4,283
  
Income tax expense
    
234
      
—
      
234
  
Net loss
    
(169
 )    
72
      
(97
 )
   
Without
Adoption of ASC 606
    
Impact of
change
    
As reported
  
                         
Revenues
  
 
 
 
  
 
 
 
  
 
 
 
Revenue
   $
78,525
     $
3,074
     $
81,599
  
                         
Cost of sales
    
70,516
      
2,950
      
73,466
  
Gross profit
    
8,009
      
124
      
8,133
  
Income tax expense
    
260
      
—
      
260
  
Net loss
    
(213
 )    
124
      
(89
 )