Discontinued Operations (Tables)

3 Months Ended

Mar. 26, 2022

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures

The Company has either sold or discontinued certain operations that are accounted for as "Discontinued Operations" under applicable accounting guidance. Discontinued operations are summarized as follows:

	Three Months Ended
	March 26, 2022		March 27, 2021
Workers' compensation costs from former textile operations	$	(1)	$	(30)
Environmental remediation costs from former textile operations	—		(31)
Commercial business operations	(13)		(1,710)
Loss from discontinued operations, before taxes	$	(14)	$	(1,771)
Income tax expense	—		—
(Loss) from discontinued operations, net of tax	$	(14)	$	(1,771)

Discontinued Operations, Balance Sheet

The Company reclassified the following assets and liabilities for discontinued operations in the accompanying consolidated balance sheets:

	As of
	March 26, 2022		December 25, 2021
Current Assets of Discontinued Operations:
Receivables, net	$	3,060	$	3,406
Inventories, net	1,183		1,927
Prepaid expenses	452		658
Current Assets Held for Discontinued Operations	4,695		5,991
Long Term Assets of Discontinued Operations:
Property, plant and equipment, net	292		292
Operating lease right of use assets	202		242
Other assets	1,906		2,218
Long Term Assets Held for Discontinued Operations	2,400		2,752
Current Liabilities of Discontinued Operations:
Accounts payable	85		2,133
Accrued expenses	2,487		3,062
Current portion of operating lease liabilities	172		167
Current Liabilities Held for Discontinued Operations	2,744		5,362
Long Term Liabilities of Discontinued Operations
Operating lease liabilities	30		75
Other long term liabilities	4,104		4,413
Long Term Liabilities Held for Discontinued Operations	$	4,134	$	4,488

Discontinued Operations, Income Statement

For the three months ended March 26, 2022 and March 27, 2021, the Company reclassified the following operations of the Commercial business included in discontinued operations in the accompanying consolidated statements of operations:

	Three Months Ended
	March 26, 2022		March 27, 2021
Net Sales	$	5,009	$	13,554
Cost of sales	4,106		10,953
Gross Profit	903		2,601
Selling and administrative expenses	916		4,311
Discontinued Income (Loss), related to the divestiture of the Commercial business	(13)		(1,710)