Quarterly report pursuant to Section 13 or 15(d)

Interim Consolidated Balance Sheets (Current Period Unaudited)

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Interim Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jul. 02, 2017
Jan. 01, 2017
Current assets:    
Cash $ 4,107 $ 8,503
Accounts receivable — net (note 4) 21,540 22,624
Inventories (note 4) 25,095 20,674
Prepaid expenses and other assets 2,017 2,453
Derivative assets (note 10) 300
Income taxes receivable 17 17
53,076 54,271
Property, plant and equipment — net (note 4) 11,574 14,437
Deferred income taxes — net 374 226
Deferred financing costs — net 110 70
65,134 69,004
Current liabilities:    
Revolving credit facility (note 5) 5,488 2,731
Accounts payable 24,543 23,078
Accrued liabilities (note 4) 5,421 4,604
Derivative liabilities (note 10) 1,256
Income taxes payable 39 190
Current portion of long-term debt (note 5) 2,000 2,000
Current portion of capital lease obligations 169 389
37,660 34,248
Long-term debt (note 5) 7,000 8,000
Capital lease obligations 181 269
Shareholders’ equity:    
Capital stock (note 6) 394 391
Additional paid-in capital 265,121 264,928
Deficit (245,222) (238,832)
20,293 26,487
$ 65,134 $ 69,004