Discontinued Operations (Tables)

6 Months Ended

Jul. 12, 2014

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

The results of operations presented as discontinued operations are summarized below.

	Three Months Ended				Six Months Ended
All Amounts in Thousands	July 12, 2014		July 13, 2013		July 12, 2014		July 13, 2013
Net sales	$	9,555	$	8,982	$	15,908	$	15,555
Cost of products sold		6,277		6,006		10,282		10,257
Selling, administrative and general expenses		3,331		3,646		5,467		6,401
Amortization		--		--		--		18
Interest expense		93		114		162		187
Other expense (income)		13		(1)		13		(2)
Income (Loss) Before Income Taxes		(159)		(783)		(16)		(1,306)
Discontinued Operations
Loss on classification as held for sale		(12,945)		--		(12,945)		--
Gain on disposal		547		--		547		--
Provision (benefit) for income taxes		(1,706)		450		(1,549)		544
Net Loss from Discontinued Operations	$	(10,851)	$	(1,233)	$	(10,865)	$	(1,850)

The assets and liabilities held for sale are summarized below.

All Amounts in Thousands	July 12, 2014		December 28, 2013		July 13, 2013
ASSETS
Cash and cash equivalents	$	1,333	$	1,255	$	1,086
Receivables, net		2,710		5,480		4,652
Inventories		6,785		9,366		12,182
Prepaid expenses		693		429		643
Property, plant and equipment, net		3,347		4,323		4,398
Intangible assets		1,110		1,754		1,666
Investments		329		331		320
Other assets		95		93		56
Less valuation allowance		12,054		--		--
Assets held for sale	$	4,348	$	23,031	$	25,003
LIABILITIES
Trade accounts payable	$	565	$	428	$	987
Accrued liabilities		4,565		6,412		5,692
Liabilities held for sale	$	5,130	$	6,840	$	6,679