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Note 12 - Contingent Consideration
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9 Months Ended |
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Sep. 29, 2013
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| Business Combinations [Abstract] | |
| Business Combination Disclosure [Text Block] |
12. Contingent Consideration Upon the acquisition of ZF Array on August 31, 2011, the Company accrued $2,400 for contingent consideration. Contingent consideration is based on financial performance of the acquired company’s operations for a 24-month period following the acquisition date, to a maximum of $2,400. Based on the results to date and anticipated future performance, the fair value of the contingent consideration liability was deemed to be appropriate and no change in the contingent consideration was recorded for the three months ended September 29, 2013 (September 30, 2012 – Nil). For the nine months period ended September 30, 2013, the contingent consideration was increased by $250 due to anticipated future performance which resulted in a $250 loss. For the nine months period ended September 30, 2012, the contingent consideration was reduced due to anticipated performance which resulted in a $650 gain and reduction of the contingent consideration. |
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- Definition
The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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