2016 Q4 Form 10-K Financial Statement

#000147490317000007 Filed on March 06, 2017

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3 2016 Q2
Revenue $64.28M $67.41M $62.62M
YoY Change -3.63% 12.03% 25.78%
Cost Of Revenue $49.17M $50.98M $47.43M
YoY Change -5.17% 10.06% 21.88%
Gross Profit $15.11M $16.43M $15.18M
YoY Change 1.79% 18.59% 39.74%
Gross Profit Margin 23.51% 24.38% 24.25%
Selling, General & Admin $9.140M $10.29M $9.474M
YoY Change -3.38% 33.6% 37.75%
% of Gross Profit 60.49% 62.63% 62.39%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.550M $124.6K $120.5K
YoY Change -14.36% 28.9% 81.44%
% of Gross Profit 10.26% 0.76% 0.79%
Operating Expenses $10.69M $10.29M $9.474M
YoY Change -5.15% 33.6% 37.75%
Operating Profit $4.420M $4.467M $3.984M
YoY Change 23.67% -8.06% 48.85%
Interest Expense -$680.0K -$700.0K -$1.300M
YoY Change -39.82% -7.89% 251.35%
% of Operating Profit -15.38% -15.67% -32.63%
Other Income/Expense, Net
YoY Change
Pretax Income $3.739M $3.765M $2.284M
YoY Change 53.26% 2.97% -1.07%
Income Tax $1.440M $1.417M $886.2K
% Of Pretax Income 38.51% 37.63% 38.81%
Net Earnings $2.304M $2.348M $1.397M
YoY Change 52.93% 6.01% -4.41%
Net Earnings / Revenue 3.58% 3.48% 2.23%
Basic Earnings Per Share $0.27 $0.27 $0.18
Diluted Earnings Per Share $0.26 $0.26 $0.17
COMMON SHARES
Basic Shares Outstanding 8.668M shares 8.658M shares 7.711M shares
Diluted Shares Outstanding 8.931M shares 9.028M shares 8.053M shares

Balance Sheet

Concept 2016 Q4 2016 Q3 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $0.00 $0.00 $0.00
Short-Term Investments
Other Short-Term Assets $154.7K $103.6K $121.7K
YoY Change 15.28% -83.96% -83.37%
Inventory
Prepaid Expenses $950.7K $575.8K $648.1K
Receivables $33.33M $35.48M $31.56M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $34.43M $36.16M $32.33M
YoY Change 3.35% 16.94% 16.4%
LONG-TERM ASSETS
Property, Plant & Equipment $1.911M $1.721M $1.689M
YoY Change 28.33% 33.78% 84.93%
Goodwill $9.185M $9.185M $9.185M
YoY Change 0.0% 29.56% 29.56%
Intangibles $23.51M $24.94M $26.48M
YoY Change -20.99% 34.96% 34.62%
Long-Term Investments
YoY Change
Other Assets $44.87M $46.19M $47.29M
YoY Change -9.52% 28.1% 28.14%
Total Long-Term Assets $46.78M $47.91M $48.98M
YoY Change -8.42% 28.3% 29.51%
TOTAL ASSETS
Total Short-Term Assets $34.43M $36.16M $32.33M
Total Long-Term Assets $46.78M $47.91M $48.98M
Total Assets $81.21M $84.07M $81.31M
YoY Change -3.77% 23.15% 23.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $951.7K $1.248M $1.241M
YoY Change -39.47% 0.58% 95.99%
Accrued Expenses $9.668M $12.62M $11.99M
YoY Change -16.33% 22.53% 51.03%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $15.25M $19.60M $18.87M
YoY Change -34.56% 23.96% -1.71%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
Other Long-Term Liabilities $271.8K $286.2K $299.4K
YoY Change -16.98% -88.19% -84.39%
Total Long-Term Liabilities $271.8K $286.2K $299.4K
YoY Change -98.18% -98.36% -98.05%
TOTAL LIABILITIES
Total Short-Term Liabilities $15.25M $19.60M $18.87M
Total Long-Term Liabilities $271.8K $286.2K $299.4K
Total Liabilities $40.73M $43.78M $41.50M
YoY Change -30.35% 1.83% -3.89%
SHAREHOLDERS EQUITY
Retained Earnings $4.259M $4.122M $3.942M
YoY Change -21.24% -28.28% 10.51%
Common Stock $86.69K $86.69K $85.92K
YoY Change 17.33% 17.47% 18.6%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $40.49M $40.29M $39.81M
YoY Change
Total Liabilities & Shareholders Equity $81.21M $84.07M $81.31M
YoY Change -3.77% 23.15% 23.96%

Cashflow Statement

Concept 2016 Q4 2016 Q3 2016 Q2
OPERATING ACTIVITIES
Net Income $2.304M $2.348M $1.397M
YoY Change 52.93% 6.01% -4.41%
Depreciation, Depletion And Amortization $1.550M $124.6K $120.5K
YoY Change -14.36% 28.9% 81.44%
Cash From Operating Activities $2.420M $1.010M $1.260M
YoY Change -58.98% -49.75% -24.1%
INVESTING ACTIVITIES
Capital Expenditures -$320.0K -$190.0K -$190.0K
YoY Change 540.0% 26.67% 18.75%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Cash From Investing Activities -$320.0K -$190.0K -$190.0K
YoY Change -96.82% 26.67% -56.82%
FINANCING ACTIVITIES
Cash Dividend Paid $2.167M $2.167M $1.850M
YoY Change 17.35% 17.47% 2.13%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.100M -830.0K -1.060M
YoY Change -151.34% -53.89% -13.11%
NET CHANGE
Cash From Operating Activities 2.420M 1.010M 1.260M
Cash From Investing Activities -320.0K -190.0K -190.0K
Cash From Financing Activities -2.100M -830.0K -1.060M
Net Change In Cash 0.000 -10.00K 10.00K
YoY Change -100.0% -116.67% -452101820631682.7%
FREE CASH FLOW
Cash From Operating Activities $2.420M $1.010M $1.260M
Capital Expenditures -$320.0K -$190.0K -$190.0K
Free Cash Flow $2.740M $1.200M $1.450M
YoY Change -53.95% -44.44% -20.33%

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2015-05-25
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2015-11-20
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2016-02-19
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2016-05-16
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2016-08-15
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0 USD
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335785 USD
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488498 USD
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5500076 USD
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185334 USD
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444165 USD
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246112 USD
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156174 USD
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20503 USD
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0 USD
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CY2015 us-gaap Increase Decrease In Prepaid Expense
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CY2016 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
89550 USD
CY2014 us-gaap Increase Decrease In Security Deposits
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-653421 USD
CY2015 us-gaap Increase Decrease In Security Deposits
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-345276 USD
CY2016 us-gaap Increase Decrease In Security Deposits
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-424107 USD
CY2014 us-gaap Increase Decrease In Workers Compensation Liabilities
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CY2015 us-gaap Increase Decrease In Workers Compensation Liabilities
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CY2016 us-gaap Increase Decrease In Workers Compensation Liabilities
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-34322 USD
CY2015Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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CY2016Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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53719810 USD
CY2015Q4 us-gaap Intangible Assets Net Excluding Goodwill
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29761035 USD
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
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23514376 USD
CY2014 us-gaap Interest Expense Other
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2472047 USD
CY2015 us-gaap Interest Expense Other
InterestExpenseOther
2995645 USD
CY2016 us-gaap Interest Expense Other
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3961617 USD
CY2014 us-gaap Interest Expense Related Party
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213322 USD
CY2015 us-gaap Interest Expense Related Party
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0 USD
CY2016 us-gaap Interest Expense Related Party
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0 USD
CY2014 us-gaap Interest Paid
InterestPaid
2337925 USD
CY2015 us-gaap Interest Paid
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1463241 USD
CY2016 us-gaap Interest Paid
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2440757 USD
CY2015Q4 us-gaap Interest Payable Current
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627638 USD
CY2016Q4 us-gaap Interest Payable Current
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100868 USD
CY2015Q4 us-gaap Liabilities
Liabilities
58471133 USD
CY2016Q4 us-gaap Liabilities
Liabilities
40725680 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
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84399557 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
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81214134 USD
CY2015Q4 us-gaap Liabilities Current
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23303703 USD
CY2016Q4 us-gaap Liabilities Current
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15249396 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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0 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
23882714 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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0 USD
CY2015Q4 us-gaap Long Term Debt Noncurrent
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14607450 USD
CY2016Q4 us-gaap Long Term Debt Noncurrent
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0 USD
CY2015Q4 us-gaap Long Term Line Of Credit
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16041476 USD
CY2016Q4 us-gaap Long Term Line Of Credit
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23618194 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities
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-5358237 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
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7551087 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
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-8602484 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
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-322934 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
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-19343001 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
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-931356 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
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5681171 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
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11791914 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
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9533840 USD
CY2014 us-gaap Net Income Loss
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-428864 USD
CY2015Q1 us-gaap Net Income Loss
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164236 USD
CY2015Q2 us-gaap Net Income Loss
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1462006 USD
CY2015Q3 us-gaap Net Income Loss
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2214678 USD
CY2015Q4 us-gaap Net Income Loss
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1506488 USD
CY2015 us-gaap Net Income Loss
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5347408 USD
CY2016Q1 us-gaap Net Income Loss
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833138 USD
CY2016Q2 us-gaap Net Income Loss
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1397481 USD
CY2016Q3 us-gaap Net Income Loss
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2347855 USD
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2303933 USD
CY2016 us-gaap Net Income Loss
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6882407 USD
CY2014 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
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0 USD
CY2015 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
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321450 USD
CY2016 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
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0 USD
CY2016 us-gaap Number Of Reportable Segments
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3 segment
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22 state
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5801310 USD
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11972689 USD
CY2016 us-gaap Operating Income Loss
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15535817 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due
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3149720 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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1195652 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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139804 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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424356 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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641560 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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741289 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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7059 USD
CY2014 us-gaap Operating Leases Rent Expense Net
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905333 USD
CY2015 us-gaap Operating Leases Rent Expense Net
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1008987 USD
CY2016 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
1283142 USD
CY2015Q4 us-gaap Other Accrued Liabilities Current
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2877301 USD
CY2016Q4 us-gaap Other Accrued Liabilities Current
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1194970 USD
CY2015Q4 us-gaap Other Assets Current
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134170 USD
CY2016Q4 us-gaap Other Assets Current
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154673 USD
CY2015Q4 us-gaap Other Assets Noncurrent
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49590896 USD
CY2016Q4 us-gaap Other Assets Noncurrent
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44869007 USD
CY2015Q4 us-gaap Other Liabilities Current
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1459838 USD
CY2016Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
0 USD
CY2015Q4 us-gaap Other Liabilities Noncurrent
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327344 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
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271766 USD
CY2014 us-gaap Paid In Kind Interest
PaidInKindInterest
0 USD
CY2015 us-gaap Paid In Kind Interest
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166643 USD
CY2016 us-gaap Paid In Kind Interest
PaidInKindInterest
0 USD
CY2015Q1 us-gaap Payments Of Dividends
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989722 USD
CY2015Q2 us-gaap Payments Of Dividends
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1811161 USD
CY2015Q3 us-gaap Payments Of Dividends
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1844868 USD
CY2015Q4 us-gaap Payments Of Dividends
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1846655 USD
CY2016Q1 us-gaap Payments Of Dividends
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1846989 USD
CY2016Q2 us-gaap Payments Of Dividends
PaymentsOfDividends
1849691 USD
CY2016Q3 us-gaap Payments Of Dividends
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2167121 USD
CY2016Q4 us-gaap Payments Of Dividends
PaymentsOfDividends
2167121 USD
CY2014 us-gaap Payments Of Dividends
PaymentsOfDividends
0 USD
CY2015 us-gaap Payments Of Dividends
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6492406 USD
CY2016 us-gaap Payments Of Dividends
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8030922 USD
CY2014 us-gaap Payments Of Financing Costs
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44792 USD
CY2015 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
727356 USD
CY2016 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
153863 USD
CY2014 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
18781091 USD
CY2016 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
938943 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2014 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
327934 USD
CY2015 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
563169 USD
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.01
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2015 us-gaap Proceeds From Issuance Of Common Stock
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7047382 USD
CY2016 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
15254406 USD
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000 shares
CY2016Q4 us-gaap Preferred Stock Shares Authorized
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500000 shares
CY2015Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015Q4 us-gaap Preferred Stock Value
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0 USD
CY2016Q4 us-gaap Preferred Stock Value
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0 USD
CY2015Q4 us-gaap Prepaid Expense Current
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861146 USD
CY2016Q4 us-gaap Prepaid Expense Current
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950696 USD
CY2014 us-gaap Proceeds From Issuance Of Common Stock
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8492742 USD
CY2014 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2015 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
15000000 USD
CY2016 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2014 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-9521471 USD
CY2015 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
11317000 USD
CY2016 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
7665714 USD
CY2014 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
5000 USD
CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1259 USD
CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
7587 USD
CY2015Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2348335 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3212153 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1489061 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1910858 USD
CY2014 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
444872 USD
CY2015 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
371953 USD
CY2016 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
389319 USD
CY2014 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2260694 USD
CY2015 us-gaap Repayments Of Long Term Debt
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17187500 USD
CY2016 us-gaap Repayments Of Long Term Debt
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15281657 USD
CY2014 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
1000000 USD
CY2015 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
536488 USD
CY2016 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
500000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
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5407596 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
4259081 USD
CY2014 us-gaap Sales Revenue Services Net
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172810551 USD
CY2015Q1 us-gaap Sales Revenue Services Net
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40884144 USD
CY2015Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
49781392 USD
CY2015Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
60170823 USD
CY2015Q4 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
66697497 USD
CY2015 us-gaap Sales Revenue Services Net
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217533856 USD
CY2016Q1 us-gaap Sales Revenue Services Net
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59550986 USD
CY2016Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
62615014 USD
CY2016Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
67407350 USD
CY2016Q4 us-gaap Sales Revenue Services Net
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64278864 USD
CY2016 us-gaap Sales Revenue Services Net
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253852214 USD
CY2015Q4 us-gaap Security Deposit
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2233410 USD
CY2016Q4 us-gaap Security Deposit
SecurityDeposit
2657517 USD
CY2014 us-gaap Selling General And Administrative Expense
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24084360 USD
CY2015 us-gaap Selling General And Administrative Expense
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30390277 USD
CY2016 us-gaap Selling General And Administrative Expense
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37804208 USD
CY2014 us-gaap Share Based Compensation
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1193208 USD
CY2015 us-gaap Share Based Compensation
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352881 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
313988 USD
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
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2889000 USD
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
2965000 USD
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
377666 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
395911 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
7.30
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
8.01
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P8Y4M2D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P7Y6M22D
CY2014 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
8290 shares
CY2015 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2016 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
87655 shares
CY2014 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
8368744 USD
CY2015 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
6334610 USD
CY2016 us-gaap Stock Issued During Period Value New Issues
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15108756 USD
CY2014 us-gaap Stock Issued During Period Value Share Based Compensation
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1193208 USD
CY2015 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
352881 USD
CY2016 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
313988 USD
CY2013Q4 us-gaap Stockholders Equity
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8102674 USD
CY2014Q4 us-gaap Stockholders Equity
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16363292 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
25928424 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
40488454 USD
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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5648605 shares
CY2015Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6935949 shares
CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7270157 shares
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7573530 shares
CY2015Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7645844 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7288705 shares
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7646726 shares
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8052996 shares
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9028398 shares
CY2016Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8930542 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8399883 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5648605 shares
CY2015Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6598145 shares
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6978414 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7359632 shares
CY2015Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7383346 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7079459 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7388536 shares
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7711050 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8658061 shares
CY2016Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8668485 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8107637 shares
CY2015Q4 us-gaap Workers Compensation Liability Current
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788878 USD
CY2016Q4 us-gaap Workers Compensation Liability Current
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754556 USD
CY2016 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 years for the consolidated financial statements included herein are for the 52 weeks ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;25, 2016</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">December&#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;">, referred to herein as Fiscal years 2016, 2015 and 2014, respectively.</font></div></div>
CY2016 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: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: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. ("BGFA") (collectively, the "Company"), primarily 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: Multifamily, Professional, and Commercial .</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, in 19 states, via property management companies responsible for the apartment communities' day to day operations.</font><font style="font-family:inherit;font-size:10pt;"> </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 segment provides skilled temporary workers on a nationwide basis for</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">information technology ("IT")</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">customer projects, and finance and accounting needs in Texas and Louisiana.</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Commercial segment provides temporary workers primarily to logistics, distribution, and call center customers needing a flexible workforce in Illinois, Wisconsin, New Mexico, Texas, Tennessee and Mississippi.</font></div></div>
CY2016 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 </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;"> financial statements to conform with the </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;"> presentation.</font></div></div>
CY2016 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:24px;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: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 preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States (&#8220;GAAP&#8221;) 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. Significant estimates affecting the financial statements include goodwill, intangible assets and contingent consideration obligations related to acquisitions and put option valuation. Additionally, the valuation of share based compensation option expense uses a model based upon interest rates, stock prices, maturity estimates, volatility and other factors. The Company believes these estimates and assumptions are reliable. However, these estimates and assumptions may change in the future based on actual experience as well as market conditions.</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>

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