$PRTS
CarParts.com, Inc.

2013 Q3 Form 10-Q Financial Statement

#000119312513428343 Filed on November 06, 2013

View on sec.gov

Income Statement

Concept 2013 Q3 2012 Q3
Revenue $61.72M $73.01M
YoY Change -15.46% -13.39%
Cost Of Revenue $43.82M $50.12M
YoY Change -12.58% -10.26%
Gross Profit $17.91M $22.89M
YoY Change -21.78% -19.39%
Gross Profit Margin 29.01% 31.35%
Selling, General & Admin $13.65M $17.84M
YoY Change -23.49% -39.13%
% of Gross Profit 76.2% 77.91%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.472M $3.785M
YoY Change -34.69% -14.75%
% of Gross Profit 13.8% 16.53%
Operating Expenses $19.15M $25.44M
YoY Change -24.72% -16.86%
Operating Profit -$1.246M -$2.548M
YoY Change -51.1% 15.82%
Interest Expense $287.0K $121.0K
YoY Change 137.19% -160.5%
% of Operating Profit
Other Income/Expense, Net -$152.0K -$122.0K
YoY Change 24.59%
Pretax Income -$1.398M -$2.670M
YoY Change -47.64% 11.25%
Income Tax $1.000K $41.00K
% Of Pretax Income
Net Earnings -$1.399M -$2.711M
YoY Change -48.4% 4.27%
Net Earnings / Revenue -2.27% -3.71%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.04 -$0.09
COMMON SHARES
Basic Shares Outstanding 33.22M shares 30.85M shares
Diluted Shares Outstanding 33.22M shares 30.85M shares

Balance Sheet

Concept 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.200M $1.200M
YoY Change 0.0% -93.1%
Cash & Equivalents $1.099M $1.076M
Short-Term Investments $100.0K $100.0K
Other Short-Term Assets $3.716M $4.800M
YoY Change -22.58% 0.0%
Inventory $40.18M $48.70M
Prepaid Expenses
Receivables $5.044M $8.600M
Other Receivables $0.00 $0.00
Total Short-Term Assets $50.18M $63.20M
YoY Change -20.6% -17.71%
LONG-TERM ASSETS
Property, Plant & Equipment $20.41M $32.20M
YoY Change -36.62% -6.12%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00
YoY Change -100.0%
Other Assets $1.472M $1.400M
YoY Change 5.14% 27.27%
Total Long-Term Assets $23.56M $61.40M
YoY Change -61.62% -15.08%
TOTAL ASSETS
Total Short-Term Assets $50.18M $63.20M
Total Long-Term Assets $23.56M $61.40M
Total Assets $73.75M $124.6M
YoY Change -40.81% -16.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $20.51M $33.00M
YoY Change -37.86% 0.0%
Accrued Expenses $6.820M $8.700M
YoY Change -21.61% -36.5%
Deferred Revenue
YoY Change
Short-Term Debt $8.300M $17.10M
YoY Change -51.46%
Long-Term Debt Due $300.0K $100.0K
YoY Change 200.0% -98.44%
Total Short-Term Liabilities $39.78M $62.90M
YoY Change -36.75% 7.89%
LONG-TERM LIABILITIES
Long-Term Debt $9.600M $100.0K
YoY Change 9500.0% -99.32%
Other Long-Term Liabilities $2.175M $1.600M
YoY Change 35.94% 60.0%
Total Long-Term Liabilities $2.175M $1.700M
YoY Change 27.94% -89.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $39.78M $62.90M
Total Long-Term Liabilities $2.175M $1.700M
Total Liabilities $51.95M $66.50M
YoY Change -21.88% -14.08%
SHAREHOLDERS EQUITY
Retained Earnings -$147.0M
YoY Change
Common Stock $168.3M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $21.79M $58.10M
YoY Change
Total Liabilities & Shareholders Equity $73.75M $124.6M
YoY Change -40.81% -16.43%

Cashflow Statement

Concept 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income -$1.399M -$2.711M
YoY Change -48.4% 4.27%
Depreciation, Depletion And Amortization $2.472M $3.785M
YoY Change -34.69% -14.75%
Cash From Operating Activities -$2.860M -$2.030M
YoY Change 40.89% -422.22%
INVESTING ACTIVITIES
Capital Expenditures -$1.860M -$2.480M
YoY Change -25.0% -30.73%
Acquisitions
YoY Change
Other Investing Activities $40.00K $0.00
YoY Change -100.0%
Cash From Investing Activities -$1.830M -$2.480M
YoY Change -26.21% 3.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 4.940M 4.180M
YoY Change 18.18% -575.0%
NET CHANGE
Cash From Operating Activities -2.860M -2.030M
Cash From Investing Activities -1.830M -2.480M
Cash From Financing Activities 4.940M 4.180M
Net Change In Cash 250.0K -330.0K
YoY Change -175.76% -87.55%
FREE CASH FLOW
Cash From Operating Activities -$2.860M -$2.030M
Capital Expenditures -$1.860M -$2.480M
Free Cash Flow -$1.000M $450.0K
YoY Change -322.22% -89.31%

Facts In Submission

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IncomeTaxesPaid
-17000
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
881000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
35000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-360000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
65000
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-232000
us-gaap Operating Income Loss
OperatingIncomeLoss
-4065000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
16000
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-4000
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
8000
us-gaap Interest Paid
InterestPaid
293000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
661000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-837000
us-gaap Net Income Loss
NetIncomeLoss
-5195000
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
104000
us-gaap Increase Decrease In Inventories
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-3588000
us-gaap Sales Revenue Net
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241169000
us-gaap Share Based Compensation
ShareBasedCompensation
1408000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-9259000
us-gaap Marketing Expense
MarketingExpense
39337000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7853000
us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
166000
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
175000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
30000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-12138000
us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
281000
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
43000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
15510000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-724000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
167307000
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
3171000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
374000
us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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256000
us-gaap Interest Expense
InterestExpense
511000
us-gaap Increase Decrease In Other Noncurrent Liabilities
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446000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
14000
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
95000
us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
192000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4858000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
663000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
23061000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
11533000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
69000
us-gaap Impairment Of Investments
ImpairmentOfInvestments
0
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1012000
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1786000
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-3659000
us-gaap Advertising Expense
AdvertisingExpense
16299000
us-gaap Operating Expenses
OperatingExpenses
77927000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
293000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
20000
prts Fair Value Level One And Level Two Transfers Amount
FairValueLevelOneAndLevelTwoTransfersAmount
0
prts Technology
Technology
4826000
prts Fulfillment Cost
FulfillmentCost
17242000
prts Change In Cash Surrender Value Of Life Insurance
ChangeInCashSurrenderValueOfLifeInsurance
37000
dei Trading Symbol
TradingSymbol
PRTS
dei Entity Registrant Name
EntityRegistrantName
U.S. Auto Parts Network, Inc.
dei Amendment Flag
AmendmentFlag
false
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2013-09-28
dei Entity Central Index Key
EntityCentralIndexKey
0001378950
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-29
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 Segment
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Period Increase Decrease Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingPeriodIncreaseDecreaseWeightedAverageExercisePrice
6.65
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
4.42
us-gaap Fair Value Inputs Discount Rate
FairValueInputsDiscountRate
0.145 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
299000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32493000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
4.75
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.006 pure
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
32493000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.68
us-gaap Extended Product Warranty Description
ExtendedProductWarrantyDescription
The product brands that include the extended warranty coverage are offered at three different service levels: (a) a five year unlimited product replacement, (b) a five year one-time product replacement, and (c) a three year one-time product replacement.
us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.06 pure
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1919000
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
1.02
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00 pure
us-gaap Fiscal Period
FiscalPeriod
<div> <p style="MARGIN-TOP: 0pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 4%; FONT-SIZE: 10pt"> <b><i>Fiscal Periods</i></b></p> <p style="MARGIN-TOP: 6pt; TEXT-INDENT: 4%; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt"> The Company&#x2019;s fiscal year is based on a 52/53 week fiscal year ending on the Saturday closest to December&#xA0;31. Quarterly periods are based on the thirteen weeks ending on the Saturday closest to the calendar quarter end date.</p> </div>
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.44
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
1.31
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
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us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y6M18D
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32493000 shares
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 Segment
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SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y15D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P6Y1M2D
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
17000 shares
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
214000
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
4000
us-gaap Standard Product Warranty Description
StandardProductWarrantyDescription
The Company or the vendors supplying its products provide the Company's customers limited warranties on certain products that range from 30 days to lifetime.
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
105000 shares
us-gaap Income Tax Examination Likelihood Of Unfavorable Settlement
IncomeTaxExaminationLikelihoodOfUnfavorableSettlement
Greater than 50 percent likelihood of being realized upon ultimate settlement.
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9239000 shares
us-gaap Use Of Estimates
UseOfEstimates
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6679000
us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
106000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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4000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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IssuanceOfStockAndWarrantsForServicesOrClaims
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-14274000
us-gaap Gross Profit
GrossProfit
56658000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-142000
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
322000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-14218000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
848000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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RepaymentsOfLinesOfCredit
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NetCashProvidedByUsedInFinancingActivities
8739000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
138360000
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
148000
us-gaap Income Taxes Paid
IncomeTaxesPaid
32000
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
31000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
35000
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-79000
us-gaap Operating Income Loss
OperatingIncomeLoss
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us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
39000
us-gaap Payments To Acquire Investments
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InterestPaid
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us-gaap Nonoperating Income Expense
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NetIncomeLoss
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126000
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us-gaap Sales Revenue Net
SalesRevenueNet
195018000
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ImpairmentOfIntangibleAssetsFinitelived
1245000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
109000
us-gaap Line Of Credit Facility Periodic Payment Principal
LineOfCreditFacilityPeriodicPaymentPrincipal
0
us-gaap Share Based Compensation
ShareBasedCompensation
1065000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
69000
us-gaap Marketing Expense
MarketingExpense
31762000
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223000
us-gaap Interest Expense
InterestExpense
702000
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723000
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515000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
42000
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
46000
us-gaap Capitalized Computer Software Additions
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188000
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NetCashProvidedByUsedInInvestingActivities
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AvailableForSaleSecuritiesGrossRealizedLosses
0
us-gaap Proceeds From Stock Options Exercised
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22000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
16667000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
9736000
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AmortizationOfFinancingCosts
61000
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ImpairmentOfInvestments
0
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AmortizationOfIntangibleAssets
299000
us-gaap Sale Leaseback Transaction Net Proceeds
SaleLeasebackTransactionNetProceeds
9584000
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1670000
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IncreaseDecreaseInOtherCurrentLiabilities
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us-gaap Advertising Expense
AdvertisingExpense
12908000
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OperatingExpenses
70388000
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
124000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
91000
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EffectOfExchangeRateOnCashAndCashEquivalents
-4000
prts Contributions Vested In Annual Installments
ContributionsVestedInAnnualInstallments
P3Y
prts Material Unrecognized Tax Benefits Interest Or Penalties
MaterialUnrecognizedTaxBenefitsInterestOrPenalties
0
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInStockOptionExchangeInPeriod
3475000 shares
prts Product Warranty Useful Life Minimum
ProductWarrantyUsefulLifeMinimum
P1Y
prts Percentage Of Changes Of Control And Assets Sale Considered As Liquidation Event
PercentageOfChangesOfControlAndAssetsSaleConsideredAsLiquidationEvent
More than 50%
prts Capital Stock Percentage
CapitalStockPercentage
0.65 pure
prts Fair Value Level One And Level Two Transfers Amount
FairValueLevelOneAndLevelTwoTransfersAmount
0
prts Minimum Service Period Required To Cover Under Plan
MinimumServicePeriodRequiredToCoverUnderPlan
P1M
prts Percentage Of Likeliness Used To Measure Tax Benefit
PercentageOfLikelinessUsedToMeasureTaxBenefit
0.50 pure
prts Cash Equivalents Money Market Funds And Short Term Investments Maturity Period
CashEquivalentsMoneyMarketFundsAndShortTermInvestmentsMaturityPeriod
P90D
prts Product Warranty Useful Life Maximum
ProductWarrantyUsefulLifeMaximum
P5Y
prts Libor Based Interest Rate
LiborBasedInterestRate
0.0194 pure
prts Fulfillment Cost
FulfillmentCost
14589000
prts Technology
Technology
4035000
prts Change In Cash Surrender Value Of Life Insurance
ChangeInCashSurrenderValueOfLifeInsurance
48000
prts Decrease In Revenue Percentage
DecreaseInRevenuePercentage
0.191 pure
prts Fair Value Inputs Royalty Rate
FairValueInputsRoyaltyRate
0.010 pure
prts Cash Dominion Triggered Consecutive Period
CashDominionTriggeredConsecutivePeriod
P60D
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DeferredCompensationPlanMaximumPercentageOfBaseSalaryDeferred
0.90 pure
CY2010Q1 prts Deferred Compensation Plan Vested Percentage
DeferredCompensationPlanVestedPercentage
1.00 pure
CY2010Q1 prts Deferred Compensation Plans Not Pension And Postretirement Benefits
DeferredCompensationPlansNotPensionAndPostretirementBenefits
0.50 pure
CY2010Q1 prts Deferred Compensation Plan Maximum Percentage Of Annual Earned Bonus Deferred
DeferredCompensationPlanMaximumPercentageOfAnnualEarnedBonusDeferred
1.00 pure
CY2010Q2 prts Vesting Period Of Warrants
VestingPeriodOfWarrants
P24M
CY2010Q2 prts Expiration Period Of Warrants
ExpirationPeriodOfWarrants
P7Y
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SeveranceCosts1
640000
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NetIncomeLoss
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NetIncomeLoss
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CY2013Q3 us-gaap Defined Contribution Plan Number Of Employees Covered
DefinedContributionPlanNumberOfEmployeesCovered
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ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
422
CY2013Q3 prts Share Based Compensation Arrangement By Share Based Payment Award Vesting Period For New Grants
ShareBasedCompensationArrangementByShareBasedPaymentAwardVestingPeriodForNewGrants
P4Y
CY2009Q2 prts Vesting Period Of Warrants
VestingPeriodOfWarrants
P36M
CY2009Q2 prts Expiration Period Of Warrants
ExpirationPeriodOfWarrants
P7Y
CY2013Q1 prts Reduction Of Work Force
ReductionOfWorkForce
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CY2013Q2 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
4832000
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ImpairmentOfIntangibleAssetsFinitelived
1245000
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WeightedAverageNumberOfDilutedSharesOutstanding
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.74 pure
CY2012Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
shares
CY2012Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.015 pure
CY2012Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y8M23D
CY2012Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
30854000 shares
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00 pure
CY2012Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.09
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30854000 shares
CY2012Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7727000 shares
CY2012Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-2699000
CY2012Q3 us-gaap Gross Profit
GrossProfit
22893000
CY2012Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2670000
CY2012Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2711000
CY2012Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1000
CY2012Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
11000
CY2012Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
12000
CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-2548000
CY2012Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-122000
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NetIncomeLoss
-2711000
CY2012Q3 us-gaap Sales Revenue Net
SalesRevenueNet
73014000
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1000
CY2012Q3 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
94000
CY2012Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4926000
CY2012Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
50121000
CY2012Q3 us-gaap Share Based Compensation
ShareBasedCompensation
450000
CY2012Q3 us-gaap Marketing Expense
MarketingExpense
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CY2012Q3 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
85000
CY2012Q3 us-gaap Interest Expense
InterestExpense
121000
CY2012Q3 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
56000
CY2012Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3785000
CY2012Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
331000
CY2012Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
603000
CY2012Q3 us-gaap Advertising Expense
AdvertisingExpense
4977000
CY2012Q3 us-gaap Operating Expenses
OperatingExpenses
25441000
CY2012Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
41000
CY2012Q3 prts Technology
Technology
1590000
CY2012Q3 prts Fulfillment Cost
FulfillmentCost
5685000
CY2012Q3 prts Change In Cash Surrender Value Of Life Insurance
ChangeInCashSurrenderValueOfLifeInsurance
21000
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33218000 shares
CY2013Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
shares
CY2013Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.001 pure
CY2013Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
33218000 shares
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00 pure
CY2013Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.04
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33218000 shares
CY2013Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10819000 shares
CY2013Q3 us-gaap Operating Expenses
OperatingExpenses
19153000
CY2013Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
60000
CY2013Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1000
CY2013Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1391000
CY2013Q3 us-gaap Gross Profit
GrossProfit
17907000
CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1398000
CY2013Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1459000
CY2013Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
135000
CY2013Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
6000
CY2013Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
8000
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-1246000
CY2013Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-152000
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
-1399000
CY2013Q3 us-gaap Sales Revenue Net
SalesRevenueNet
61724000
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
2000
CY2013Q3 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
94000
CY2013Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4261000
CY2013Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
43817000
CY2013Q3 us-gaap Share Based Compensation
ShareBasedCompensation
315000
CY2013Q3 us-gaap Marketing Expense
MarketingExpense
9385000
CY2013Q3 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
68000
CY2013Q3 us-gaap Interest Expense
InterestExpense
287000
CY2013Q3 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
40000
CY2013Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2472000
CY2013Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
86000
CY2013Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
496000
CY2013Q3 us-gaap Advertising Expense
AdvertisingExpense
4000000
CY2013Q3 prts Technology
Technology
1204000
CY2013Q3 prts Fulfillment Cost
FulfillmentCost
4217000
CY2013Q3 prts Change In Cash Surrender Value Of Life Insurance
ChangeInCashSurrenderValueOfLifeInsurance
24000
CY2013Q3 prts Decrease In Revenue Percentage
DecreaseInRevenuePercentage
0.155 pure
CY2012Q4 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
1960000
CY2012Q4 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
1745000

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