Note 12 - Defined Contribution Pension Plan and Post-employment Benefit Plan |
12 Months Ended | ||
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Jan. 03, 2016 | |||
Notes to Financial Statements | |||
Pension and Other Postretirement Benefits Disclosure [Text Block] |
The Company has a 401K Plan which is accounted for as a defined contribution plan for certain U.S. employees, whereby the Company matches a portion of employee contributions. Company contributions to the plan were $157, $104 and $408 for the years ended January 3, 2016, December 28, 2014 and December 29, 2013, respectively. The Company has certain post-employment benefits related to employees in its Mexico facility. These benefit plans are only available to local employees and are generally government mandated. The liability related to the unfunded benefit obligations was $268 and $298 as at January 3, 2016 and December 28, 2014 respectively, which was classified within accrued liabilities in the consolidated balance sheet. |
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- References No definition available.
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- Definition The entire disclosure for pension and other postretirement benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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