v3.20.1
Interim Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 29, 2020
Dec. 29, 2019
Current assets:    
Cash $ 1,354 $ 1,368
Accounts receivable — net (note 3) 70,613 69,919
Unbilled contract assets (note 3) 28,779 26,271
Inventories (note 3) 43,321 47,826
Prepaid expenses and other assets 6,393 7,044
Income taxes receivable 160
Total current assets 150,620 152,428
Property, plant and equipment — net (note 3) 24,410 25,310
Operating lease right of use assets — net (note 3) 6,588 3,330
Goodwill (note 3) 18,165 18,165
Intangible assets — net (note 3) 11,229 12,747
Deferred income taxes — net 525 540
Deferred financing costs — net 804 859
Total assets 212,341 213,379
Current liabilities:    
Revolving credit facility (note 4) 33,340 34,701
Accounts payable 67,736 74,126
Accrued liabilities (note 3) 14,702 11,164
Warrant liability (note 4) 1,213 1,730
Restructuring liability (note 11) 887 1,597
Derivative liabilities (note 9) 512
Income taxes payable 276 157
Current portion of long-term debt (note 4) 1,562 1,250
Current portion of operating lease obligations 1,566 1,128
Current portion of finance lease obligations 1,166 1,226
Total current liabilities 122,960 127,079
Long-term debt (note 4) 33,365 33,750
Operating lease obligations 5,446 2,615
Finance lease obligations 8,536 8,838
Total liabilities 170,307 172,282
Shareholders’ equity:    
Capital stock (note 5) 508 508
Additional paid-in capital 293,551 293,389
Deficit (252,025) (252,800)
Stockholders' Equity Attributable to Parent, Ending Balance 42,034 41,097
Total liabilities and shareholders’ equity $ 212,341 $ 213,379

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