HAMPSHIRE GROUP LTD

CIK:0000887150|SEC Filings

Unaudited Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 26, 2015	Sep. 27, 2014	Sep. 26, 2015	Sep. 27, 2014
Net sales	$ 18,608	$ 20,836	$ 43,428	$ 30,555
Cost of goods sold	14,709	14,957	33,093	22,621
Gross profit	3,899	5,879	10,335	7,934
Selling, general and administrative expenses	$ 5,191	$ 5,225	14,690	$ 14,400
Lease litigation settlement			5,284
(Gain) loss on lease obligations		$ (8)	(10,590)	$ 74
Income (loss) from operations	$ (1,292)	662	951	(6,540)
Other income (expense):
Interest expense	(304)	(345)	(965)	(827)
Other, net	140	86	484	107
Income (loss) from continuing operations before income taxes	(1,456)	403	470	(7,260)
Income tax provision	(79)	(345)	14	(205)
Income (loss) from continuing operations	(1,377)	748	456	(7,055)
Loss from discontinued operations, net of taxes (Notes 8 and 9)	(228)	(440)	(2,587)	(1,510)
Net income (loss)	$ (1,605)	$ 308	$ (2,131)	$ (8,565)
Basic income (loss) per share:
Income (loss) from continuing operations (in dollars per share)	$ (0.16)	$ 0.09	$ 0.05	$ (0.83)
Loss from discontinued operations, net of taxes (in dollars per share)	(0.02)	(0.05)	(0.30)	(0.18)
Net income (loss) (in dollars per share)	(0.18)	0.04	(0.25)	(1.01)
Diluted income (loss)per share:
Income (loss) from continuing operations (in dollars per share)	(0.16)	0.08	0.05	(0.83)
Loss from discontinued operations, net of taxes (in dollars per share)	(0.02)	(0.05)	(0.30)	(0.18)
Net income (loss) (in dollars per share)	$ (0.18)	$ 0.03	$ (0.25)	$ (1.01)
Weighted-average number of common shares outstanding:
Basic (in shares)	8,736	8,486	8,610	8,475
B Diluted (in shares)	8,736	9,878	8,610	8,475