Quarterly report pursuant to Section 13 or 15(d)

Note 4 - Interim Consolidated Financial Statement Details - Consolidated Balance Sheets (Details)

v3.7.0.1
Note 4 - Interim Consolidated Financial Statement Details - Consolidated Balance Sheets (Details) - USD ($)
$ in Thousands
Apr. 02, 2017
Jan. 01, 2017
Trade accounts receivable $ 24,161 $ 22,284
Other receivables 381 511
Allowance for doubtful accounts (171) (171)
Accounts receivable—net 24,371 22,624
Raw materials 16,139 14,863
Work in process 2,779 1,557
Finished goods 3,242 3,678
Parts 643 576
Inventories 22,803 20,674
Property, plant and equipment [1] 49,645 49,344
Property, plant and equipment [1] 49,645 49,344
Accumulated depreciation, property, plant and equipment (35,886) (34,907)
Accumulated depreciation, property, plant and equipment (35,886) (34,907)
Property, plant and equipment—net 13,759 14,437
Payroll 2,480 2,134
Professional services 299 281
Accrued liabilities 4,997 4,604
Land [Member]    
Property, plant and equipment [2] 1,648 1,648
Property, plant and equipment [2] 1,648 1,648
Accumulated depreciation, property, plant and equipment
Accumulated depreciation, property, plant and equipment
Building [Member]    
Property, plant and equipment [1] 9,852 9,852
Property, plant and equipment [1] 9,852 9,852
Accumulated depreciation, property, plant and equipment (8,286) (8,174)
Accumulated depreciation, property, plant and equipment (8,286) (8,174)
Machinery and Equipment [Member]    
Property, plant and equipment [1],[2] 31,637 31,615
Property, plant and equipment [1],[2] 31,637 31,615
Accumulated depreciation, property, plant and equipment [2] (23,078) (22,460)
Accumulated depreciation, property, plant and equipment [2] (23,078) (22,460)
Furniture and Fixtures [Member]    
Property, plant and equipment [1] 571 556
Property, plant and equipment [1] 571 556
Accumulated depreciation, property, plant and equipment (452) (438)
Accumulated depreciation, property, plant and equipment (452) (438)
Computer Equipment [Member]    
Property, plant and equipment [1],[3] 3,789 3,544
Property, plant and equipment [1],[3] 3,789 3,544
Accumulated depreciation, property, plant and equipment [3] (2,993) (2,842)
Accumulated depreciation, property, plant and equipment [3] (2,993) (2,842)
Leasehold Improvements [Member]    
Property, plant and equipment [1] 2,148 2,129
Property, plant and equipment [1] 2,148 2,129
Accumulated depreciation, property, plant and equipment (1,077) (993)
Accumulated depreciation, property, plant and equipment (1,077) (993)
Customer Related [Member]    
Other accrued liabilities 1,269 898
Restructuring [Member]    
Other accrued liabilities 27
Vendor Related [Member]    
Other accrued liabilities 424 613
Other Accrued Liabilities [Member]    
Other accrued liabilities $ 525 $ 651
[1] 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 first quarter of 2017, the Company identified a triggering event related to its U.S. segment asset group, which has a carrying amount of $2,240. The Company estimated undiscounted cash flows and determined a recoverable amount of $928 in excess of the carrying value, therefore no impairment loss has been recorded in the first quarter of 2017. The key assumptions included in these cash flows are projected revenue based on management’s most recently approved forecast and corresponding margins. The estimate of undiscounted cash flows are sensitive to these key assumptions, for instance, if our revenue projections are lower by 1%, the recoverable amount would be reduced to $683. As such, the Company will continue to review for impairment triggers which may result in a need to write down the assets to fair value in the future.
[2] Included within machinery and equipment were assets under capital leases with costs of $2,193 and associated accumulated depreciation of $751 and $673 as of April 2, 2017 and January 1, 2017, respectively. The related depreciation expense for the three months ended April 2, 2017 and April 3, 2016 was $78 and $80, respectively.
[3] Included within computer hardware and software are assets under capital leases with costs of $83 as at April 2, 2017 and January 1, 2017 and associated accumulated depreciation of $83 and $80 as at April 2, 2017 and January 1, 2017, respectively. The related depreciation expense for the three months ended April 2, 2017 and April 3, 2016 was $3 and $10, respectively.