Discontinued Operations (Tables)

6 Months Ended

Jul. 01, 2023

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				Six Months Ended
	July 1, 2023		June 25, 2022		July 1, 2023		June 25, 2022
Loss from discontinued operations:
Workers' compensation costs from former textile operations	$	(26)	$	—	$	(45)	$	(1)
Environmental remediation costs from former textile operations	(4)		10		(29)		10
Commercial business operations	(102)		(478)		(265)		(492)
Loss from discontinued operations, before taxes	$	(132)	$	(468)	$	(339)	$	(483)
Income tax benefit	(26)		—		(26)		—
Loss from discontinued operations, net of tax	$	(106)	$	(468)	$	(313)	$	(483)

Discontinued Operations, Balance Sheet

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

	July 1, 2023		December 31, 2022
Current Assets of Discontinued Operations:
Receivables, net	$	163	$	385
Inventories, net	131		255
Prepaid expenses	—		1
Current Assets Held for Discontinued Operations	$	294	$	641
Long Term Assets of Discontinued Operations:
Property, plant and equipment, net	$	180	$	185
Operating lease right of use assets	—		63
Other assets	1,386		1,304
Long Term Assets Held for Discontinued Operations	$	1,566	$	1,552
Current Liabilities of Discontinued Operations:
Accounts payable	$	126	$	127
Accrued expenses	1,388		2,245
Current portion of operating lease liabilities	—		75
Current Liabilities Held for Discontinued Operations	$	1,514	$	2,447
Long Term Liabilities of Discontinued Operations:
Other long term liabilities	$	3,853	$	3,759
Long Term Liabilities Held for Discontinued Operations	$	3,853	$	3,759

Discontinued Operations, Income Statement

For the three and six months ended July 1, 2023 and June 25, 2022, the Company reclassified the following operations of the Commercial business included in discontinued operations in the accompanying consolidated condensed statements of operations:

	Three Months Ended				Six Months Ended
	July 1, 2023		June 25, 2022		July 1, 2023		June 25, 2022
Net sales	$	30	$	2,480	$	170	$	7,489
Cost of sales	130		2,788		392		6,895
Gross profit	(100)		(308)		(222)		594
Selling and administrative expenses	3		222		48		1,138
Other operating income	(1)		(52)		(5)		(52)
Loss from discontinued Commercial business operations	$	(102)	$	(478)	$	(265)	$	(492)