Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations and Comprehensive Income (Loss)

v2.4.1.9
Consolidated Statements of Operations and Comprehensive Income (Loss) (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 28, 2014
Dec. 29, 2013
Dec. 30, 2012
Revenue $ 228,577us-gaap_Revenues $ 270,684us-gaap_Revenues [1],[2] $ 296,305us-gaap_Revenues [1]
Cost of sales 209,623us-gaap_CostOfRevenue 255,503us-gaap_CostOfRevenue 270,413us-gaap_CostOfRevenue
Gross profit 18,954us-gaap_GrossProfit 15,181us-gaap_GrossProfit 25,892us-gaap_GrossProfit
Selling, general and administrative expenses 17,900us-gaap_SellingGeneralAndAdministrativeExpense 19,190us-gaap_SellingGeneralAndAdministrativeExpense 17,325us-gaap_SellingGeneralAndAdministrativeExpense
Restructuring charges (note 7) 1,366us-gaap_RestructuringCharges 1,989us-gaap_RestructuringCharges [1],[2] 2,180us-gaap_RestructuringCharges [1]
Loss (gain) on contingent consideration (note 13)   274us-gaap_OtherNonoperatingIncomeExpense (650)us-gaap_OtherNonoperatingIncomeExpense
Loss (gain) on disposal of plant, plant and equipment 51us-gaap_GainLossOnDispositionOfAssets1 (101)us-gaap_GainLossOnDispositionOfAssets1  
Operating earnings (loss) (363)us-gaap_OperatingIncomeLoss (6,171)us-gaap_OperatingIncomeLoss 7,037us-gaap_OperatingIncomeLoss
Interest expense (note 3) 1,693us-gaap_InterestExpense 1,724us-gaap_InterestExpense [1],[2] 1,957us-gaap_InterestExpense [1]
Earnings (loss) before income taxes (2,056)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments (7,895)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 5,080us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense (recovery) (note 9)      
Current 887us-gaap_CurrentIncomeTaxExpenseBenefit 887us-gaap_CurrentIncomeTaxExpenseBenefit 621us-gaap_CurrentIncomeTaxExpenseBenefit
Deferred 935us-gaap_DeferredIncomeTaxExpenseBenefit 3,681us-gaap_DeferredIncomeTaxExpenseBenefit (2,420)us-gaap_DeferredIncomeTaxExpenseBenefit
1,822us-gaap_IncomeTaxExpenseBenefit 4,568us-gaap_IncomeTaxExpenseBenefit (1,799)us-gaap_IncomeTaxExpenseBenefit
Net earnings (loss) and comprehensive income (loss) $ (3,878)us-gaap_NetIncomeLoss $ (12,463)us-gaap_NetIncomeLoss $ 6,879us-gaap_NetIncomeLoss
Basic earnings (loss) per share (note 10) (in Dollars per share) $ (0.24)us-gaap_EarningsPerShareBasic $ (0.76)us-gaap_EarningsPerShareBasic $ 0.42us-gaap_EarningsPerShareBasic
Diluted earnings (loss) per share (note 10) (in Dollars per share) $ (0.24)us-gaap_EarningsPerShareDiluted $ (0.76)us-gaap_EarningsPerShareDiluted $ 0.42us-gaap_EarningsPerShareDiluted
Weighted average number of shares outstanding (note 10)      
Basic (in Shares) 16,417,275us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 16,361,865us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 16,294,893us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (in Shares) 16,417,275us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 16,361,865us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 16,415,522us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
[1] Revised from amounts previously filed to adjust for prior period errors. Refer to Note 2 for further details.
[2] Due to a reclassification in the previously reported gross revenues between Mexico and Asia. This resulted in an increase to the intercompany revenues of $3.4 million, and increased the intercompany eliminations by the same amount. There was no impact on the reported net external revenue.