2015 Q3 Form 10-Q Financial Statement

#000147490315000082 Filed on November 02, 2015

View on sec.gov

Income Statement

Concept 2015 Q3 2014 Q3
Revenue $60.17M $48.01M
YoY Change 25.34% 0.3%
Cost Of Revenue $46.32M $38.02M
YoY Change 21.81% -1.89%
Gross Profit $13.86M $9.986M
YoY Change 38.75% 9.61%
Gross Profit Margin 23.03% 20.8%
Selling, General & Admin $7.703M $6.223M
YoY Change 23.79% 16.99%
% of Gross Profit 55.6% 62.32%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $96.69K $48.71K
YoY Change 98.51% 46.38%
% of Gross Profit 0.7% 0.49%
Operating Expenses $7.703M $6.223M
YoY Change 23.79% 16.99%
Operating Profit $4.858M $2.710M
YoY Change 79.28% 5.35%
Interest Expense -$760.0K -$1.590M
YoY Change -52.2% 40.71%
% of Operating Profit -15.64% -58.68%
Other Income/Expense, Net
YoY Change
Pretax Income $3.656M $1.121M
YoY Change 226.2% -22.22%
Income Tax $1.441M $755.6K
% Of Pretax Income 39.42% 67.42%
Net Earnings $2.215M $365.2K
YoY Change 506.49% -74.25%
Net Earnings / Revenue 3.68% 0.76%
Basic Earnings Per Share $0.30 $0.07
Diluted Earnings Per Share $0.29 $0.06
COMMON SHARES
Basic Shares Outstanding 7.360M shares 5.608M shares
Diluted Shares Outstanding 7.574M shares 5.752M shares

Balance Sheet

Concept 2015 Q3 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $100.0K
YoY Change
Cash & Equivalents $64.83K $0.00
Short-Term Investments
Other Short-Term Assets $646.1K $661.9K
YoY Change -2.38% -65.16%
Inventory
Prepaid Expenses $378.2K $593.0K
Receivables $29.83M $27.51M
Other Receivables $0.00 $0.00
Total Short-Term Assets $30.92M $28.77M
YoY Change 7.48% 6.94%
LONG-TERM ASSETS
Property, Plant & Equipment $1.286M $652.7K
YoY Change 97.1% 30.53%
Goodwill $7.089M $5.863M
YoY Change 20.91%
Intangibles $18.48M $14.73M
YoY Change 25.44%
Long-Term Investments
YoY Change
Other Assets $36.06M $30.08M
YoY Change 19.88% 1669.22%
Total Long-Term Assets $37.34M $30.73M
YoY Change 21.52% 12.56%
TOTAL ASSETS
Total Short-Term Assets $30.92M $28.77M
Total Long-Term Assets $37.34M $30.73M
Total Assets $68.26M $59.50M
YoY Change 14.73% 9.77%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.241M $1.304M
YoY Change -4.87% -76.71%
Accrued Expenses $10.30M $7.871M
YoY Change 30.85% 15.75%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $2.250M
YoY Change -100.0% -6.25%
Total Short-Term Liabilities $15.82M $17.77M
YoY Change -11.0% -0.73%
LONG-TERM LIABILITIES
Long-Term Debt $15.00M $15.50M
YoY Change -3.23% -47.64%
Other Long-Term Liabilities $2.424M $3.418M
YoY Change -29.09% -10.04%
Total Long-Term Liabilities $17.42M $18.92M
YoY Change -7.9% -43.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $15.82M $17.77M
Total Long-Term Liabilities $17.42M $18.92M
Total Liabilities $42.99M $51.29M
YoY Change -16.18% -0.22%
SHAREHOLDERS EQUITY
Retained Earnings $5.748M $6.063M
YoY Change -5.2%
Common Stock $73.80K $54.49K
YoY Change 35.43%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $25.27M $8.208M
YoY Change
Total Liabilities & Shareholders Equity $68.26M $59.50M
YoY Change 14.73% 9.77%

Cashflow Statement

Concept 2015 Q3 2014 Q3
OPERATING ACTIVITIES
Net Income $2.215M $365.2K
YoY Change 506.49% -74.25%
Depreciation, Depletion And Amortization $96.69K $48.71K
YoY Change 98.51% 46.38%
Cash From Operating Activities $2.010M $580.0K
YoY Change 246.55% -405.26%
INVESTING ACTIVITIES
Capital Expenditures -$150.0K -$90.00K
YoY Change 66.67% 50.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change
Cash From Investing Activities -$150.0K -$90.00K
YoY Change 66.67% 28.57%
FINANCING ACTIVITIES
Cash Dividend Paid $1.845M
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.800M -490.0K
YoY Change 267.35% -288.46%
NET CHANGE
Cash From Operating Activities 2.010M 580.0K
Cash From Investing Activities -150.0K -90.00K
Cash From Financing Activities -1.800M -490.0K
Net Change In Cash 60.00K 0.0000000004075
YoY Change 14725602157714560.0% -182.35%
FREE CASH FLOW
Cash From Operating Activities $2.010M $580.0K
Capital Expenditures -$150.0K -$90.00K
Free Cash Flow $2.160M $670.0K
YoY Change 222.39% -615.38%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
bgsf Interest Expense Earn Out Payable
InterestExpenseEarnOutPayable
208263 USD
bgsf Long Term Debt Contingent Payment
LongTermDebtContingentPayment
995457 USD
bgsf Long Term Debt Contingent Payment
LongTermDebtContingentPayment
854454 USD
bgsf Adjustmentsto Additional Paidin Capital Retirementof Put Options
AdjustmentstoAdditionalPaidinCapitalRetirementofPutOptions
1466326 USD
bgsf Contingent Consideration Incurred During Noncash Or Partial Noncash Transaction
ContingentConsiderationIncurredDuringNoncashOrPartialNoncashTransaction
596079 USD
bgsf Contingent Consideration Incurred During Noncash Or Partial Noncash Transaction
ContingentConsiderationIncurredDuringNoncashOrPartialNoncashTransaction
0 USD
CY2014Q3 bgsf Gain Losson Extinguishmentof Related Party Debt
GainLossonExtinguishmentofRelatedPartyDebt
0 USD
bgsf Gain Losson Extinguishmentof Related Party Debt
GainLossonExtinguishmentofRelatedPartyDebt
-986835 USD
CY2015Q3 bgsf Gain Losson Extinguishmentof Related Party Debt
GainLossonExtinguishmentofRelatedPartyDebt
0 USD
bgsf Gain Losson Extinguishmentof Related Party Debt
GainLossonExtinguishmentofRelatedPartyDebt
0 USD
bgsf Interest Expense Earn Out Payable
InterestExpenseEarnOutPayable
169697 USD
CY2015Q3 bgsf Numberof Offices
NumberofOffices
40 office
bgsf Numberof Shares Soldon Open Market Shares Containing Put Right
NumberofSharesSoldonOpenMarketSharesContainingPutRight
133741 shares
bgsf Prepaid Offering Costs
PrepaidOfferingCosts
87163 USD
bgsf Prepaid Offering Costs
PrepaidOfferingCosts
0 USD
CY2014Q3 bgsf Put Option Adjustment
PutOptionAdjustment
954605 USD
bgsf Put Option Adjustment
PutOptionAdjustment
1180846 USD
CY2015Q3 bgsf Put Option Adjustment
PutOptionAdjustment
102821 USD
bgsf Put Option Adjustment
PutOptionAdjustment
-66560 USD
CY2014Q4 bgsf Put Option Liability
PutOptionLiability
2497014 USD
CY2015Q3 bgsf Put Option Liability
PutOptionLiability
964129 USD
bgsf Related Party Numberof Investors
RelatedPartyNumberofInvestors
2 Investor
bgsf Stock Issued During Period Value Exerciseof Stock Optionsand Warrants
StockIssuedDuringPeriodValueExerciseofStockOptionsandWarrants
690772 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-27
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
dei Document Period End Date
DocumentPeriodEndDate
2015-09-27
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001474903
CY2015Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
7379473 shares
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
dei Entity Registrant Name
EntityRegistrantName
BG Staffing, Inc.
dei Trading Symbol
TradingSymbol
BGSF
CY2014Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1114594 USD
CY2015Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
1240628 USD
CY2014Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
3014315 USD
CY2015Q3 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
4103077 USD
CY2014Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
22030342 USD
CY2015Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
29828732 USD
CY2014Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
503024 USD
CY2015Q3 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
1101356 USD
CY2014Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
0 USD
CY2015Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
858955 USD
CY2014Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
7127335 USD
CY2015Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
10299313 USD
CY2014Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
2949958 USD
CY2015Q3 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
5054121 USD
CY2014Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
564331 USD
CY2015Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
735053 USD
CY2015Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
19449896 USD
CY2014Q3 us-gaap Adjustment For Amortization
AdjustmentForAmortization
1004598 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
3455141 USD
CY2015Q3 us-gaap Adjustment For Amortization
AdjustmentForAmortization
1197449 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
3501928 USD
CY2015Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
739860 USD
CY2014Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
748187 USD
CY2015Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
739860 USD
CY2013Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
439886 USD
CY2014Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
518518 USD
CY2014Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
518518 USD
CY2014Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
748187 USD
CY2015Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
812964 USD
CY2014Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
10734438 USD
CY2014Q3 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
136066 USD
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
233701 USD
CY2015Q3 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
219395 USD
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
380280 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
77230 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
32355 USD
CY2014Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
40265 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
133038 USD
CY2015Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
42441 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
129141 USD
CY2014Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1004598 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3455141 USD
CY2015Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1197449 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3501928 USD
CY2014Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
138942 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
527663 shares
CY2015Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
21042 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
99012 shares
CY2014Q4 us-gaap Assets
Assets
53772568 USD
CY2015Q3 us-gaap Assets
Assets
68261249 USD
CY2014Q4 us-gaap Assets Current
AssetsCurrent
23273309 USD
CY2015Q3 us-gaap Assets Current
AssetsCurrent
30917933 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Asset1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationAsset1
212000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Asset1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationAsset1
8688 USD
CY2014Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
840536 USD
CY2015Q3 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
1550000 USD
CY2014Q4 us-gaap Cash
Cash
0 USD
CY2015Q3 us-gaap Cash
Cash
64832 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
0 USD
CY2014Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
0 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
0 USD
CY2015Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
64832 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
0 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
64832 USD
CY2014Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.25
us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
1466326 USD
us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
0 USD
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2015Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
19500000 shares
CY2015Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
19500000 shares
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
6598145 shares
CY2015Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7379473 shares
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
6598145 shares
CY2015Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
7379473 shares
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
65982 USD
CY2015Q3 us-gaap Common Stock Value
CommonStockValue
73795 USD
CY2014Q3 us-gaap Cost Of Services
CostOfServices
38021871 USD
us-gaap Cost Of Services
CostOfServices
103712581 USD
CY2015Q3 us-gaap Cost Of Services
CostOfServices
46315310 USD
us-gaap Cost Of Services
CostOfServices
117773906 USD
CY2014Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
496608 USD
CY2015Q3 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
656315 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-809536 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
18376 USD
CY2014Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
7359590 USD
CY2015Q3 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
7656773 USD
CY2014Q3 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
60111 USD
us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
159518 USD
CY2015Q3 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
69405 USD
us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
187856 USD
CY2014Q4 us-gaap Deposit Assets
DepositAssets
1847029 USD
CY2015Q3 us-gaap Deposit Assets
DepositAssets
2178405 USD
CY2014Q3 us-gaap Depreciation
Depreciation
48706 USD
us-gaap Depreciation
Depreciation
131336 USD
CY2015Q3 us-gaap Depreciation
Depreciation
96688 USD
us-gaap Depreciation
Depreciation
232486 USD
CY2014Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1053304 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
3586477 USD
CY2015Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1294137 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
3734414 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3586477 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3734414 USD
us-gaap Dividends
Dividends
3656029 USD
us-gaap Dividends Cash
DividendsCash
0 USD
us-gaap Dividends Cash
DividendsCash
3656029 USD
CY2014Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
989722 USD
CY2015Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
0 USD
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.16
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.55
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.06
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.16
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.53
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.34
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.34
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
18753742 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
22255670 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-894 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-1380 USD
CY2014Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-986835 USD
CY2014Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2015Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-438507 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-438507 USD
CY2014Q4 us-gaap Goodwill
Goodwill
6404367 USD
CY2015Q3 us-gaap Goodwill
Goodwill
7089257 USD
CY2014Q3 us-gaap Gross Profit
GrossProfit
9985739 USD
us-gaap Gross Profit
GrossProfit
26162605 USD
CY2015Q3 us-gaap Gross Profit
GrossProfit
13855513 USD
us-gaap Gross Profit
GrossProfit
33062454 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1120798 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-46736 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3656011 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
6275613 USD
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
755635 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
871664 USD
CY2015Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1441333 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2434692 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
149961 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1947636 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-629111 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
125348 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
5083325 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
5706619 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1566768 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
2560233 USD
us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
1150602 USD
us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
858955 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-128440 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
11002 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-358171 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
343703 USD
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
171800 USD
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-176998 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
0 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
10188 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-729464 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-251541 USD
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
-272665 USD
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
-331375 USD
us-gaap Increase Decrease In Workers Compensation Liabilities
IncreaseDecreaseInWorkersCompensationLiabilities
-160617 USD
us-gaap Increase Decrease In Workers Compensation Liabilities
IncreaseDecreaseInWorkersCompensationLiabilities
-295451 USD
CY2014Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
69401 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2015Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
21399 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
21399 shares
CY2014Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
74612 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2015Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
181810 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
181810 shares
CY2014Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
13724068 USD
CY2015Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
18476141 USD
CY2014Q3 us-gaap Interest Expense Other
InterestExpenseOther
634239 USD
us-gaap Interest Expense Other
InterestExpenseOther
1854587 USD
CY2015Q3 us-gaap Interest Expense Other
InterestExpenseOther
660590 USD
us-gaap Interest Expense Other
InterestExpenseOther
1751083 USD
CY2014Q3 us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
0 USD
us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
213322 USD
CY2015Q3 us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
0 USD
us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
0 USD
us-gaap Interest Paid
InterestPaid
1878623 USD
us-gaap Interest Paid
InterestPaid
1144221 USD
CY2014Q4 us-gaap Interest Payable Current
InterestPayableCurrent
266133 USD
CY2015Q3 us-gaap Interest Payable Current
InterestPayableCurrent
277135 USD
CY2014Q4 us-gaap Liabilities
Liabilities
37409276 USD
CY2015Q3 us-gaap Liabilities
Liabilities
42989794 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
53772568 USD
CY2015Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
68261249 USD
CY2014Q4 us-gaap Liabilities Current
LiabilitiesCurrent
14650181 USD
CY2015Q3 us-gaap Liabilities Current
LiabilitiesCurrent
15815620 USD
CY2014Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
2250000 USD
CY2015Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2014Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
14937500 USD
CY2015Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
15000000 USD
CY2014Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
4900000 USD
CY2015Q3 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
9750000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-3066660 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
3460321 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-261530 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-9290235 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
3328190 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
5894746 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
365163 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
4188854 USD
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
4857929 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 Segment
us-gaap Net Income Loss
NetIncomeLoss
-918400 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
2214678 USD
us-gaap Net Income Loss
NetIncomeLoss
3840921 USD
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
0 USD
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
321450 USD
CY2015Q3 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
15 state
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
2709642 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
8398643 USD
CY2014Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
660038 USD
CY2015Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
40759 USD
CY2014Q4 us-gaap Other Assets Current
OtherAssetsCurrent
617992 USD
CY2015Q3 us-gaap Other Assets Current
OtherAssetsCurrent
646136 USD
CY2014Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
29831662 USD
CY2015Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
36056891 USD
CY2014Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
708322 USD
CY2015Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
531324 USD
CY2014Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
2921595 USD
CY2015Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
2424174 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
0 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
4645751 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
44792 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
727356 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
8781091 USD
CY2014Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
94549 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
261530 USD
CY2015Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
150407 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
510403 USD
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2015Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000 shares
CY2015Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000 shares
CY2014Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2015Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2014Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
624975 USD
CY2015Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
378233 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
7025382 USD
us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
0 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
178529 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
4850000 USD
us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
15000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-6746 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1259 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
667597 USD
CY2015Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1286425 USD
CY2014Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
136066 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
312333 USD
CY2015Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
146291 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
371953 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1698194 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
17187500 USD
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
500000 USD
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
0 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
5562872 USD
CY2015Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
5747764 USD
CY2014Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
48007610 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
129875186 USD
CY2015Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
60170823 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
150836360 USD
CY2014Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
6222793 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
18387274 USD
CY2015Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
7703447 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
20929397 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1118129 USD
us-gaap Share Based Compensation
ShareBasedCompensation
231563 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
6334610 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
231563 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
16363292 USD
CY2015Q3 us-gaap Stockholders Equity
StockholdersEquity
25271455 USD
CY2014Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
144013 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2015Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
213898 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
203209 shares
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5752314 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5602160 shares
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7573530 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7181518 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5608301 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5602160 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7359632 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6978309 shares
CY2014Q4 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
1353539 USD
CY2015Q3 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
1058265 USD
us-gaap Fiscal Period
FiscalPeriod
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Fiscal Year</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has a 52/53 week fiscal year. Fiscal periods for the consolidated financial statements included herein are as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;27, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;28, 2014</font><font style="font-family:inherit;font-size:10pt;">, and include the </font><font style="font-family:inherit;font-size:10pt;">thirteen and thirty-nine</font><font style="font-family:inherit;font-size:10pt;"> week periods ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;27, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">September&#160;28, 2014</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>
us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">NATURE OF OPERATIONS</font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">BG Staffing, Inc. is a provider of temporary staffing services that operates, along with its wholly owned subsidiaries BG Staffing, LLC, B G Staff Services Inc., BG Personnel, LP and BG Finance and Accounting, Inc. (&#8220;BGFA&#8221;) (collectively, the &#8220;Company&#8221;), within the United States of America in </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> industry segments: Commercial, Multifamily, and Professional Staffing.</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Commercial segment provides temporary workers primarily to distributions and logistics costumers needing a flexible workforce.</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Multifamily segment provides front office and maintenance temporary workers to various apartment communities, via property management companies responsible for the apartment communities day to day operations.</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Professional Staffing segment provides temporary workers for IT customer projects and finance and accounting demands.</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying unaudited consolidated financial statements have been prepared by the Company in accordance with generally accepted accounting principles in the United States (&#8220;GAAP&#8221;), pursuant to the applicable rules and regulations of the SEC. The information furnished herein reflects all adjustments (consisting only of normal recurring adjustments) that are, in the opinion of management, necessary to present a fair statement of the financial position and operating results of the Company as of and for the respective periods. However, these operating results are not necessarily indicative of the results expected for a full fiscal year or any other future period. Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with generally accepted accounting principles have been omitted pursuant to such rules and regulations. However, management of the Company believes, to the best of their knowledge, that the disclosures herein are adequate to make the information presented not misleading. The Company has determined that there were no subsequent events that would require disclosure or adjustments to the accompanying consolidated financial statements through the date the financial statements were issued. The accompanying unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements of the Company for the fiscal year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;28, 2014</font><font style="font-family:inherit;font-size:10pt;">, included in its Annual Report on Form 10-K.</font></div></div>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Reclassifications</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain reclassifications have been made to the 2014 financial statements to conform with the 2015 presentation.</font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Management Estimates</font></div><div style="line-height:120%;text-align:justify;text-indent:66px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></div></div>

Files In Submission

Name View Source Status
0001474903-15-000082-index-headers.html Edgar Link pending
0001474903-15-000082-index.html Edgar Link pending
0001474903-15-000082.txt Edgar Link pending
0001474903-15-000082-xbrl.zip Edgar Link pending
bgsf-20150927.xml Edgar Link completed
bgsf-20150927.xsd Edgar Link pending
bgsf-20150927_cal.xml Edgar Link unprocessable
bgsf-20150927_def.xml Edgar Link unprocessable
bgsf-20150927_lab.xml Edgar Link unprocessable
bgsf-20150927_pre.xml Edgar Link unprocessable
ex104-mrseparationagrmt.htm Edgar Link pending
ex106-dhemploymentagrmt.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
image0a13.jpg Edgar Link pending
q32015-10q.htm Edgar Link pending
q32015-ex311.htm Edgar Link pending
q32015-ex312.htm Edgar Link pending
q32015-ex321.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending