Annual report pursuant to Section 13 and 15(d)

Note 3 - Consolidated Financial Statement Details - Consolidated Balance Sheets (Details)

v3.7.0.1
Note 3 - Consolidated Financial Statement Details - Consolidated Balance Sheets (Details) - USD ($)
$ in Thousands
Jan. 01, 2017
Jan. 03, 2016
Restricted cash – guaranteed deposits $ 805
Trade accounts receivable 22,284 28,797
Other receivables 511 1,347
Allowance for doubtful accounts (171) (259)
Accounts receivable—net 22,624 29,885
Raw materials 14,863 19,385
Work in process 1,557 1,416
Finished goods 3,678 4,400
Parts and other 576 676
Inventories 20,674 25,877
Cost (a) (e):    
Property, plant and equipment [1],[2] 49,344 49,485
Property, plant and equipment [1],[2] 49,344 49,485
Less accumulated depreciation (a):    
Accumulated depreciation, property, plant and equipment [1] (34,907) (33,042)
Accumulated depreciation, property, plant and equipment [1] (34,907) (33,042)
Property, plant and equipment—net 14,437 16,443
Payroll 2,134 2,649
Professional services 281 367
Accrued liabilities 4,604 5,562
Land [Member]    
Cost (a) (e):    
Property, plant and equipment [1],[2] 1,648 1,648
Property, plant and equipment [1],[2] 1,648 1,648
Less accumulated depreciation (a):    
Accumulated depreciation, property, plant and equipment [1]
Accumulated depreciation, property, plant and equipment [1]
Building [Member]    
Cost (a) (e):    
Property, plant and equipment [1],[2] 9,852 9,852
Property, plant and equipment [1],[2] 9,852 9,852
Less accumulated depreciation (a):    
Accumulated depreciation, property, plant and equipment [1] (8,174) (7,719)
Accumulated depreciation, property, plant and equipment [1] (8,174) (7,719)
Machinery and Equipment [Member]    
Cost (a) (e):    
Property, plant and equipment [1],[2],[3],[4] 31,615 30,707
Property, plant and equipment [1],[2],[3],[4] 31,615 30,707
Less accumulated depreciation (a):    
Accumulated depreciation, property, plant and equipment [1],[3],[4] (22,460) (20,347)
Accumulated depreciation, property, plant and equipment [1],[3],[4] (22,460) (20,347)
Furniture and Fixtures [Member]    
Cost (a) (e):    
Property, plant and equipment [1],[2] 556 599
Property, plant and equipment [1],[2] 556 599
Less accumulated depreciation (a):    
Accumulated depreciation, property, plant and equipment [1] (438) (496)
Accumulated depreciation, property, plant and equipment [1] (438) (496)
Computer Equipment [Member]    
Cost (a) (e):    
Property, plant and equipment [1],[2],[5] 3,544 3,447
Property, plant and equipment [1],[2],[5] 3,544 3,447
Less accumulated depreciation (a):    
Accumulated depreciation, property, plant and equipment [1],[5] (2,842) (2,284)
Accumulated depreciation, property, plant and equipment [1],[5] (2,842) (2,284)
Leasehold Improvements [Member]    
Cost (a) (e):    
Property, plant and equipment [1],[2] 2,129 3,232
Property, plant and equipment [1],[2] 2,129 3,232
Less accumulated depreciation (a):    
Accumulated depreciation, property, plant and equipment [1] (993) (2,196)
Accumulated depreciation, property, plant and equipment [1] (993) (2,196)
Customer Related [Member]    
Less accumulated depreciation (a):    
Other accrued liabilities 898 1,852
Restructuring [Member]    
Less accumulated depreciation (a):    
Other accrued liabilities 27
Vendor Related [Member]    
Less accumulated depreciation (a):    
Other accrued liabilities 613 383
Other Accrued Liabilities [Member]    
Less accumulated depreciation (a):    
Other accrued liabilities $ 651 $ 311
[1] During 2016, the Company wrote off fully depreciated assets that were no longer in use with a cost and accumulated depreciation of $2,118.
[2] In accordance with ASC 360-10, the Company is required to evaluate for impairment when events or changes in circumstances indicate that the carrying value of such assets may not be recoverable. Upon the occurrence of a triggering event, the Company assesses whether the estimated undiscounted cash flows expected from the use of the asset and the residual value from the ultimate disposal of the asset exceeds the carrying value. In the fourth quarter of 2016, the Company identified a triggering event related to its U.S. segment asset group, which has a carrying amount of $2,339. The Company estimated undiscounted cash flows and determined recoverable amount was in excess of the carrying value, therefore no impairment loss has been recorded in 2016. However, the estimate of undiscounted cash flows is sensitive to certain key assumptions included in these cash flows, such as revenue and margins. As such, the Company will continue to review for impairment triggers which may result in a need to write down those assets to fair value in the future.
[3] At January 1, 2017 and January 3, 2016, included within machinery and equipment were assets under capital leases with costs of $2,193 and $2,528, respectively and associated accumulated depreciation of $673 and $865, respectively. The related depreciation expense for the years ended January 1, 2017, January 3, 2016 and December 28, 2014 was $311, $417 and $694, respectively.
[4] On June 24, 2016 we sold certain equipment for $509. Concurrent with the sale, we leased the equipment back for a period of 35 months. The monthly lease payments are $15 and includes a purchase option at the end of the lease term equivalent to one month's rent. The net book value of the leased equipment was $487 million at July 3, 2016 and is included within machinery and equipment. Additionally, we have recorded the proceeds of $509 received from the transaction as a financing obligation at July 3, 2016 net of initial deposits made. The capital lease obligation related to this sale leaseback is $492 as at July 3, 2016.
[5] At January 1, 2017 and January 3, 2016, included within computer hardware and software were assets under capital leases with costs of $83 and $119, respectively and associated accumulated depreciation of $80 and $86 respectively. The related depreciation expense for the years ended January 1, 2017, January 3, 2016 and December 28, 2014 was $29, $49 and $151, respectively.