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Document and Entity Information - USD ($) | 12 Months Ended | ||
---|---|---|---|
Dec. 29, 2018 | Mar. 27, 2019 | Jun. 29, 2018 | |
Document And Entity Information | |||
Entity Registrant Name | ENGLOBAL CORP | ||
Entity Central Index Key | 0000933738 | ||
Document Type | 10-K | ||
Document Period End Date | Dec. 29, 2018 | ||
Amendment Flag | false | ||
Current Fiscal Year End Date | --12-29 | ||
Entity Well-known Seasoned Issuer | No | ||
Entity Voluntary Filer | No | ||
Entity Reporting Status Current | Yes | ||
Entity Filer Category | Non-accelerated Filer | ||
Entity Small Business Flag | true | ||
Entity Emerging Growth Company | false | ||
Entity Ex Transition Period | false | ||
Entity Shell Company | false | ||
Entity Public Float | $ 14,721,610 | ||
Entity Common Stock, Shares Outstanding | 27,409,907 | ||
Trading Symbol | ENG | ||
Document Fiscal Period Focus | FY | ||
Document Fiscal Year Focus | 2018 |
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Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Englobal Corp.
Englobal Corp's Definitive Proxy Statement (Form DEF 14A) filed after their 2019 10-K Annual Report includes:
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The increase in the EPCM segments 2018 gross profit margin is primarily due to our modular solution initiative which contributed $7.1 million in revenue and had a 3.4% positive impact to gross profit margin.
We continue to monitor labor utilization for both the EPCM and the Automation segments with the goal of improving gross profit margins while remaining positioned for a potential rebound and growth in future periods.
We have identified modular project execution offerings as the opportunity to which our capabilities are best applied, focused our business development team on communicating these offerings to specific clients and realigned our internal reporting structure to better facilitate complete modular project execution.
Gross profit margin was further positively impacted by a reduction in variable labor resulting in a 2.1% increase.
Gross profit in our EPCM segment increased $1.9 million, or 172.1%, to $3.0 million for a gross profit margin of 12.5% for the year ended December 29, 2018 as compared to $1.1 million for a gross profit margin of 4.9% for the year ended December 30, 2017.
Table of Contents Gross profit...Read more
We maintain liability insurance for...Read more
Cash and the availability of...Read more
This "design it once -...Read more
Additionally, we are continuing to...Read more
Despite these market conditions, we...Read more
In performing services for our...Read more
The primary driver of the...Read more
Table of Contents Our segments...Read more
Segment operating SG&A; expense includes...Read more
In the course of providing...Read more
Our allowance for uncollectible accounts...Read more
Our trade accounts receivable increased...Read more
The use of subcontractor services...Read more
On April 18, 2018, we...Read more
On April 18, 2018, we...Read more
Financial Statements, Disclosures and Schedules
Inside this 10-K Annual Report
Material Contracts, Statements, Certifications & more
Englobal Corp provided additional information to their SEC Filing as exhibits
Ticker: ENG
CIK: 933738
Form Type: 10-K Annual Report
Accession Number: 0001493152-19-004079
Submitted to the SEC: Thu Mar 28 2019 8:32:33 AM EST
Accepted by the SEC: Thu Mar 28 2019
Period: Saturday, December 29, 2018
Industry: Engineering Services