Consolidated Statements of Operations and Comprehensive Income (Unaudited) (USD $) In Thousands, except Share data |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Oct. 02, 2011 |
Oct. 03, 2010 |
Oct. 02, 2011 |
Oct. 03, 2010 |
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| Revenue | $ 44,082 | $ 65,381 | $ 149,243 | $ 197,950 |
| Cost of sales | 40,236 | 57,518 | 135,633 | 175,360 |
| Gross profit | 3,846 | 7,863 | 13,610 | 22,590 |
| Selling, general and administrative expenses | 3,693 | 4,737 | 10,611 | 13,115 |
| Loss on extinguishment of debt (note 12) | 300 | 300 | ||
| Loss on derivative financial instruments (note 13) | 125 | 125 | ||
| Restructuring charges (note 9) | 686 | 2,793 | ||
| Operating earnings (loss) | (958) | 3,126 | (219) | 9,475 |
| Interest expense (note 3) | 326 | 436 | 981 | 1,376 |
| Earnings (loss) before income taxes | (1,284) | 2,690 | (1,200) | 8,099 |
| Income tax expense (note 6) | ||||
| Current | 99 | 118 | 462 | 284 |
| Deferred | 73 | (9) | 43 | (10) |
| [IncomeTaxExpenseBenefit] | 172 | 109 | 505 | 274 |
| Net earnings (loss), also being comprehensive income (loss) | $ (1,456) | $ 2,581 | $ (1,705) | $ 7,825 |
| Basic | ||||
| Basic (in Dollars per share) | $ (0.09) | $ 0.17 | $ (0.11) | $ 0.53 |
| Diluted (in Dollars per share) | $ (0.09) | $ 0.16 | $ (0.11) | $ 0.51 |
| Weighted average number of shares outstanding (note 7) | ||||
| Basic (in Shares) | 16,200,575 | 15,049,668 | 16,113,866 | 14,841,673 |
| Diluted (in Shares) | 16,200,575 | 15,745,506 | 16,113,866 | 15,422,228 |
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The component of income tax expense for the period representing amounts of income taxes paid or payable (or refundable) for the period for all income tax obligations as determined by applying the provisions of relevant enacted tax laws to relevant amounts of taxable Income or Loss from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The component of income tax expense for the period representing the increase (decrease) in the entity's deferred tax assets and liabilities pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate net gain (loss) on all derivative instruments recognized in earnings during the period, before tax effects. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount represents the difference between the fair value of the payments made and the carrying amount of the debt at the time of its extinguishment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of profit or loss for the period which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cost of borrowed funds accounted for as interest that was charged against earnings during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The net result for the period of deducting operating expenses from operating revenues.
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- Definition Amount charged against earnings in the period for incurred and estimated costs associated with exit from or disposal of business activities or restructurings pursuant to a duly authorized plan, excluding asset retirement obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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