Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.3.1.900
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 03, 2016
Dec. 28, 2014
Current assets:    
Cash $ 6,099 $ 5,447
Restricted cash – guaranteed deposits 805
Accounts receivable—net (note 3) 29,885 $ 31,024
Inventories (note 3) 25,877 31,590
Prepaid expenses and other assets 1,983 2,135
Income taxes receivable (note 8) 461 359
Deferred income taxes—net (note 8) 352 428
65,462 70,983
Property, plant and equipment—net 16,443 17,590
Deferred financing costs—net 68 90
81,973 88,663
Current liabilities:    
Accounts payable 31,045 29,425
Accrued liabilities (note 3) 5,562 7,080
Derivative liabilities (note 7) 2,087 2,703
Income taxes payable 502 449
Revolving credit facility (note 4) 10,721 $ 21,370
Current portion of long-term debt (note 4) 1,000
Current portion of capital lease obligations (note 4) 538 $ 980
51,455 $ 62,007
Long-term debt (note 4) 4,000
Capital lease obligations (note 4) 222 $ 866
Shareholders’ equity:    
Capital stock (note 5) 391 390
Additional paid-in capital 264,505 263,996
Deficit (238,600) (238,596)
26,296 25,790
$ 81,973 $ 88,663