| Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] |
|
3.
|
Consolidated
financial statement details
|
The
following consolidated financial statement details are
presented as of the period ended for the consolidated balance
sheets and for the periods ended for each of the consolidated
statements of operations and comprehensive income.
Consolidated
balance sheets
Accounts
receivable – net:
|
|
|
October
2, 2011
|
|
|
January
2, 2011
|
|
|
Accounts
receivable
|
|
$
|
29,831
|
|
|
$
|
35,066
|
|
|
Taxes
receivable
|
|
|
—
|
|
|
|
537
|
|
|
Allowance
for doubtful accounts
|
|
|
(312
|
)
|
|
|
(312
|
)
|
|
Accounts
receivable—net
|
|
$
|
29,519
|
|
|
$
|
35,291
|
|
Inventories:
|
|
|
October
2, 2011
|
|
|
January
2, 2011
|
|
|
Raw
materials
|
|
$
|
37,450
|
|
|
$
|
30,218
|
|
|
Work
in process
|
|
|
10,529
|
|
|
|
8,384
|
|
|
Finished
goods
|
|
|
3,214
|
|
|
|
2,461
|
|
|
Parts
|
|
|
1,299
|
|
|
|
1,350
|
|
|
Inventories
|
|
$
|
52,492
|
|
|
$
|
42,413
|
|
|
|
Property,
plant and equipment – net:
|
|
|
|
October
2, 2011
|
|
|
January
2, 2011
|
|
|
Cost:
|
|
|
|
|
|
|
|
Land
|
|
$
|
1,648
|
|
|
$
|
1,648
|
|
|
Buildings
|
|
|
9,878
|
|
|
|
9,878
|
|
|
Machinery
and equipment (a)
|
|
|
34,502
|
|
|
|
32,068
|
|
|
Office
furniture and equipment
|
|
|
2,417
|
|
|
|
2,396
|
|
|
Computer
hardware and software (b)
|
|
|
9,254
|
|
|
|
9,113
|
|
|
Leasehold
improvements
|
|
|
3,154
|
|
|
|
3,123
|
|
|
|
|
|
60,853
|
|
|
|
58,226
|
|
|
Less
accumulated depreciation:
|
|
|
|
|
|
|
|
|
|
Land
|
|
|
—
|
|
|
|
—
|
|
|
Buildings
|
|
|
(5,667
|
)
|
|
|
(5,283
|
)
|
|
Machinery
and equipment (a)
|
|
|
(26,286
|
)
|
|
|
(24,957
|
) )
|
|
Office
furniture and equipment
|
|
|
(2,343
|
)
|
|
|
(2,326
|
)
|
|
Computer
hardware and software (b)
|
|
|
(8,962
|
)
|
|
|
(8,825
|
) )
|
|
Leasehold
improvements
|
|
|
(2,978
|
)
|
|
|
(2,944
|
)
|
|
|
|
|
(46,236
|
)
|
|
|
(44,335
|
) )
|
|
Property,
plant and equipment—net
|
|
$
|
14,617
|
|
|
$
|
13,891
|
|
|
(a)
|
Included
within machinery and equipment were assets under
capital leases with costs of $5,081 and $8,577 as at
October 2, 2011 and January 2, 2011, respectively and
associated accumulated depreciation of $1,142 and
$4,958 as of October 2, 2011 and January 2, 2011,
respectively. The related depreciation expense for
the three months ended October 2, 2011 and October 3,
2010 were $128 and $280, respectively. Related
depreciation expense for the nine months ended
October 2, 2011 and October 3, 2010 was $483 and
$711, respectively. During the three and
nine month periods ended October 2, 2011, the Company
assumed ownership of machinery and equipment formerly
under capital lease with cost of $561 and $5,629,
respectively, and accumulated depreciation of $314
and $4,299, respectively, upon conclusion of the
capital lease terms. Nominal consideration was paid
for these assets. These assets were reclassified to
regular machinery and equipment on a prospective
basis.
|
|
(b)
|
At
January 2, 2011, included within computer hardware
and software were assets under capital leases with
costs of $268 and associated accumulated depreciation
of $225. During the three and nine month periods
ended October 2, 2011, the Company assumed ownership
of these assets formerly under capital lease, which
were fully amortized upon conclusion of the capital
lease terms. Nominal consideration was paid for these
assets. The related depreciation expense for the
three months ended October 2, 2011 and October 3,
2010 were nil and $22, respectively. Related
depreciation for the nine months ended October 2,
2011 and October 3, 2010 were $43 and $66,
respectively.
|
|
|
Deferred
financing costs:
|
|
|
|
October
2, 2011
|
|
|
January
2, 2011
|
|
|
Deferred
financing costs
|
|
$
|
1,350
|
|
|
$
|
2,777
|
|
|
Accumulated
amortization
|
|
|
(315
|
)
|
|
|
(2,297
|
)
|
|
|
|
$
|
1,035
|
|
|
$
|
480
|
|
Accrued
liabilities:
|
|
|
October
2, 2011
|
|
|
January
2, 2011
|
|
|
Customer
related
|
|
$
|
1,895
|
|
|
$
|
1,469
|
|
|
Payroll
|
|
|
2,101
|
|
|
|
6,424
|
|
|
Professional
services
|
|
|
545
|
|
|
|
794
|
|
|
Vendor
related
|
|
|
639
|
|
|
|
35
|
|
|
Miscellaneous
taxes
|
|
|
78
|
|
|
|
131
|
|
|
Restructuring
(note 9)
|
|
|
1,367
|
|
|
|
—
|
|
|
Contingent
consideration related to acquisition (note 11)
|
|
|
2,400
|
|
|
|
—
|
|
|
Other
|
|
|
1,144
|
|
|
|
446
|
|
|
Accrued
liabilities
|
|
$
|
10,169
|
|
|
$
|
9,299
|
|
Consolidated
statements of operations and comprehensive
income
Interest
expense:
|
|
|
Three months ended
|
|
|
Nine
months ended
|
|
|
|
|
October
2,
2011
|
|
|
October
3,
2010
|
|
|
October
2,
2011
|
|
|
October
3,
2010
|
|
|
Long-term
debt
|
|
$
|
275
|
|
|
$
|
399
|
|
|
$
|
838
|
|
|
$
|
1,382
|
|
|
Obligations
under capital leases
|
|
|
46
|
|
|
|
35
|
|
|
|
136
|
|
|
|
97
|
|
|
Other
|
|
|
5
|
|
|
|
2
|
|
|
|
7
|
|
|
|
(103
|
)
|
|
Interest
expense
|
|
$
|
326
|
|
|
$
|
436
|
|
|
$
|
981
|
|
|
$
|
1,376
|
|
|