10-Q

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 10-Q

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended April 4, 2015

OR

[_] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ____________ to ____________.

Commission file number: 001-34198

SUNOPTA INC.
(Exact name of registrant as specified in its charter)

CANADA	Not Applicable
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)
2838 Bovaird Drive West
Brampton, Ontario L7A 0H2, Canada	(905) 455-1990
(Address of principal executive offices)	(Registrant’s telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes [X]       No[_]

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

Yes [X]       No[_]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer [X]	Accelerated filer [_]
Non-accelerated filer [_]	Smaller reporting company [_]
(Do not check if a smaller reporting company)

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes [_]       No[X]

The number of the registrant’s common shares outstanding as of May 8, 2015 was 67,785,470.

SUNOPTA INC.
FORM 10-Q
For the quarterly period ended April 4, 2015

TABLE OF CONTENTS

PART I	FINANCIAL INFORMATION
Item 1.	Financial Statements (unaudited)
	Consolidated Statements of Operations for the quarters ended April 4, 2015 and April 5, 2014	5
	Consolidated Statements of Comprehensive Earnings for the quarters ended April 4, 2015 and April 5, 2014	6
	Consolidated Balance Sheets as at April 4, 2015 and January 3, 2015	7
	Consolidated Statements of Shareholders’ Equity as at and for the quarters ended April 4, 2015 and April 5, 2014	8
	Consolidated Statements of Cash Flows for the quarters ended April 4, 2015 and April 5, 2014	9
	Notes to Consolidated Financial Statements	10
Item 2	Management’s Discussion and Analysis of Financial Condition and Results of Operations	24
Item 3	Quantitative and Qualitative Disclosures about Market Risk	36
Item 4	Controls and Procedures	37
PART II	OTHER INFORMATION
Item 1	Legal Proceedings	38
Item 1A	Risk Factors	38
Item 6	Exhibits	38

Basis of Presentation

Except where the context otherwise requires, all references in this Quarterly Report on Form 10-Q (“Form 10-Q”) to the “Company”, “SunOpta”, “we”, “us”, “our” or similar words and phrases are to SunOpta Inc. and its subsidiaries, taken together.

In this report, all currency amounts are expressed in thousands of United States (“U.S.”) dollars (“$”), except per share amounts, unless otherwise stated. Amounts expressed in Canadian dollars are expressed in thousands of Canadian dollars and preceded by the symbol “Cdn $”, and amounts expressed in euros are expressed in thousands of euros and preceded by the symbol “€”. As at April 4, 2015, the closing rates of exchange for the U.S. dollar, expressed in Canadian dollars and euros, were $1.00 = Cdn $1.2564 and $1.00 = €0.9192. These rates are provided solely for convenience and do not necessarily reflect the rates used in the preparation of our financial statements.

Forward-Looking Statements

This Form 10-Q contains forward-looking statements which are based on our current expectations and assumptions and involve a number of risks and uncertainties. Generally, forward-looking statements do not relate strictly to historical or current facts and are typically accompanied by words such as “anticipate”, “estimate”, “intend”, “project”, “potential”, “continue”, “believe”, “expect”, “could”, “would”, “should”, “might”, “plan”, “will”, “may”, “predict”, the negatives of such terms, and words and phrases of similar impact and include, but are not limited to references to possible operational consolidation, reduction of non-core assets and operations, business strategies, plant and production capacities, revenue generation potential, anticipated construction costs, competitive strengths, goals, capital expenditure plans, business and operational growth and expansion plans, anticipated operating margins and operating income targets, gains or losses associated with business transactions, cost reductions, rationalization and improved efficiency initiatives, proposed new product offerings, and references to the future growth of the business and global markets for the Company’s products. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on certain assumptions and analyses we make in light of our experience and our interpretation of current conditions, historical trends and expected future developments, as well as other factors that we believe are appropriate in the circumstance.

SUNOPTA INC. 2 April 4, 2015 10-Q

Whether actual results and developments will agree with our expectations and predictions is subject to many risks and uncertainties. Accordingly, there are or will be important factors that could cause our actual results to differ materially from our expectations and predictions. We believe these factors include, but are not limited to, the following:

• our ability to renew our syndicated North American credit facilities when they become due on July 27, 2016;

• restrictions in our syndicated credit agreement on how we may operate our business;

• our ability to meet the covenants of our credit facilities;

• our European syndicated credit facilities are due on demand with no set maturity date;

• our potential additional capital needs in order to maintain current growth rates, which may not be available on favorable terms or at all;

• our customers’ ability to choose not to buy products from us;

• loss of a key customer;

• changes in and difficulty in predicting consumer preferences for natural and organic food products;

• the highly competitive industry in which we operate;

• an interruption at one or more of our manufacturing facilities;

• the loss of service of our key management;

• the effective management of our supply chain;

• volatility in the prices of raw materials and energy;

• enactment of climate change legislation;

• unfavorable growing and operating conditions due to adverse weather conditions;

• dilution in the value of our common shares through the exercise of stock options, warrants, participation in our employee stock purchase plan and issuance of additional securities;

• impairment charges in goodwill or other intangible assets;

• technological innovation by our competitors;

• our ability to protect our intellectual property and proprietary rights;

• substantial environmental regulation and policies to which we are subject;

• significant food and health regulations to which SunOpta Foods is subject;

• agricultural policies that influence our operations;

• product liability suits, recalls and threatened market withdrawals that may be brought against us;

• litigation and regulatory enforcement concerning marketing and labeling of food products;

• our ability to realize the value of our investment in Opta Minerals Inc.;

SUNOPTA INC. 3 April 4, 2015 10-Q

• we do not currently intend to pay any cash dividends on our common shares in the foreseeable future;

• fluctuations in exchange rates, interest rates and certain commodities;

• our ability to effectively manage our growth and integrate acquired companies; and

• the volatility of our operating results and share price.

Consequently all forward-looking statements made herein are qualified by these cautionary statements and there can be no assurance that our actual results or the developments we anticipate will be realized. The foregoing factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this report and in our Annual Report on Form 10-K for the fiscal year ended January 3, 2015 (“Form 10-K”). For a more detailed discussion of the principal factors that could cause actual results to be materially different, you should read the risk factors under Item 1A, “Risk Factors”, of the Form 10-K.

SUNOPTA INC. 4 April 4, 2015 10-Q

PART I - FINANCIAL INFORMATION

Item 1. Financial Statements

SunOpta Inc.

Consolidated Statements of Operations

For the quarters ended April 4, 2015 and April 5, 2014

(Unaudited)

(Expressed in thousands of U.S. dollars, except per share amounts)

	Quarter ended
	April 4, 2015		April 5, 2014
	$		$
			(note 1)
Revenues	303,406		322,379
Cost of goods sold	270,514		286,157
Gross profit	32,892		36,222
Selling, general and administrative expenses	23,670		23,399
Intangible asset amortization	1,130		1,123
Other expense (income), net (note 7)	34		(1,141	)
Foreign exchange gain	(1,340	)	(323	)
Earnings from continuing operations before the following	9,398		13,164
Interest expense, net	1,823		2,148
Earnings from continuing operations before income taxes	7,575		11,016
Provision for income taxes	2,757		4,433
Earnings from continuing operations	4,818		6,583
Earnings from discontinued operations, net of income taxes (note 3)	-		37
Earnings	4,818		6,620
Loss attributable to non-controlling interests	(416	)	(20	)
Earning attributable to SunOpta Inc.	5,234		6,640
Earnings per share – basic (note 8)
- from continuing operations	0.08		0.10
- from discontinued operations	-		-
	0.08		0.10
Earnings per share – diluted (note 8)
- from continuing operations	0.08		0.10
- from discontinued operations	-		-
	0.08		0.10

(See accompanying notes to consolidated financial statements)

SUNOPTA INC. 5 April 4, 2015 10-Q

SunOpta Inc.

Consolidated Statements of Comprehensive Earnings

For the quarters ended April 4, 2015 and April 5, 2014

(Unaudited)

(Expressed in thousands of U.S. dollars)

	Quarter ended
	April 4, 2015		April 5, 2014
	$		$
			(note 1)
Earnings from continuing operations	4,818		6,583
Earnings from discontinued operations, net of income taxes	-		37
Earnings	4,818		6,620
Currency translation adjustment	(4,437	)	(132	)
Change in fair value of interest rate swap, net of taxes (note 4)	(196	)	(60	)
Other comprehensive loss, net of income taxes	(4,633	)	(192	)
Comprehensive earnings	185		6,428
Comprehensive (income) loss attributable to non-controlling interests	(782	)	39
Comprehensive earnings attributable to SunOpta Inc.	967		6,389

(See accompanying notes to consolidated financial statements)

SUNOPTA INC. 6 April 4, 2015 10-Q

SunOpta Inc.

Consolidated Balance Sheets

As at April 4, 2015 and January 3, 2015

(Unaudited)

(Expressed in thousands of U.S. dollars)

	April 4, 2015		January 3, 2015
	$		$
			(note 1)
ASSETS
Current assets
Cash and cash equivalents (note 9)	3,491		9,938
Accounts receivable	128,277		125,896
Inventories (note 5)	269,300		264,256
Prepaid expenses and other current assets (note 4)	21,615		18,935
Current income taxes recoverable	2,497		2,233
Deferred income taxes	5,519		8,107
	430,699		429,365
Property, plant and equipment	134,834		134,920
Goodwill	45,500		29,082
Intangible assets	51,698		40,640
Deferred income taxes	3,699		2,061
Other assets (note 4)	4,942		4,882
	671,372		640,950
LIABILITIES
Current liabilities
Bank indebtedness (note 6)	109,217		91,410
Accounts payable and accrued liabilities	121,072		128,437
Customer and other deposits	8,313		4,127
Income taxes payable	1,603		3,090
Other current liabilities (note 4)	2,163		3,087
Current portion of long-term debt (note 6)	5,445		5,927
Current portion of long-term liabilities (note 2)	4,816		250
	252,629		236,328
Long-term debt (note 6)	30,083		33,928
Long-term liabilities (notes 2 and 4)	17,664		1,962
Deferred income taxes	13,973		15,404
	314,349		287,622
EQUITY
SunOpta Inc. shareholders’ equity
Common shares, no par value, unlimited shares authorized, 67,726,536 shares issued and outstanding (January 3, 2015 - 67,073,944)	194,316		190,668
Additional paid-in capital	22,352		22,490
Retained earnings	134,543		129,309
Accumulated other comprehensive loss	(6,045	)	(1,778	)
	345,166		340,689
Non-controlling interests	11,857		12,639
Total equity	357,023		353,328
	671,372		640,950

Commitments and contingencies (note 10)

(See accompanying notes to consolidated financial statements)

SUNOPTA INC. 7 April 4, 2015 10-Q

SunOpta Inc.

Consolidated Statements of Shareholders’ Equity

As at and for the quarters ended April 4, 2015 and April 5, 2014

(Unaudited)

(Expressed in thousands of U.S. dollars)

			Additional			Accumulated
			paid-in		Retained	other com-		Non-controlling
	Common shares		capital		earnings	prehensive loss		interests		Total
	000s	$	$		$	$		$		$
Balance at January 3, 2015	67,074	190,668	22,490		129,309	(1,778	)	12,639		353,328
Employee stock purchase plan	9	122	-		-	-		-		122
Exercise of options	394	2,273	(779	)	-	-		-		1,494
Exercise of warrants	250	1,253	(441	)	-	-		-		812
Stock-based compensation	-	-	1,082		-	-		-		1,082
Earnings from continuing operations	-	-	-		5,234	-		(416	)	4,818
Currency translation adjustment	-	-	-		-	(4,138	)	(299	)	(4,437	)
Change in fair value of interest rate swap, net of income taxes (note 4)	-	-	-		-	(129	)	(67	)	(196	)
Balance at April 4, 2015	67,727	194,316	22,352		134,543	(6,045	)	11,857		357,023

						Accumulated
			Additional			other com-
			paid-in		Retained	prehensive		Non-controlling
	Common shares		capital		earnings	income		interests		Total
	000s	$	$		$	$		$		$
Balance at December 28, 2013	66,528	186,376	19,323		116,208	3,397		17,308		342,612
Employee stock purchase plan	15	122	-		-	-		-		122
Exercise of options	124	818	(275	)	-	-		-		543
Stock-based compensation	-	-	831		-	-		-		831
Earnings from continuing operations	-	-	-		6,603	-		(20	)	6,583
Earnings from discontinued operations, net of income taxes	-	-	-		37	-		-		37
Currency translation adjustment	-	-	-		-	(211	)	79		(132	)
Change in fair value of interest rate swap, net of income taxes (note 4)	-	-	-		-	(40	)	(20	)	(60	)
Balance at April 5, 2014	66,667	187,316	19,879		122,848	3,146		17,347		350,536

(See accompanying notes to consolidated financial statements)

SUNOPTA INC. 8 April 4, 2015 10-Q

SunOpta Inc.

Consolidated Statements of Cash Flows

For the quarters ended April 4, 2015 and April 5, 2014

(Unaudited)

(Expressed in thousands of U.S. dollars)

	Quarter ended
	April 4, 2015		April 5, 2014
	$		$
			(note 1)
CASH PROVIDED BY (USED IN)
Operating activities
Earnings	4,818		6,620
Earnings from discontinued operations	-		37
Earnings from continuing operations	4,818		6,583
Items not affecting cash:
Depreciation and amortization	5,384		5,377
Deferred income taxes	(481	)	404
Stock-based compensation	1,082		831
Unrealized loss on derivative instruments (note 4)	(103	)	625
Fair value of contingent consideration (note 7)	-		(1,373	)
Other	477		351
Changes in non-cash working capital, net of business acquired (note 9)	(22,663	)	(24,928	)
Net cash flows from operations - continuing operations	(11,486	)	(12,130	)
Net cash flows from operations - discontinued operations	-		(466	)
	(11,486	)	(12,596	)
Investing activities
Acquisition of business (note 2)	(13,300	)	-
Purchases of property, plant and equipment	(5,651	)	(3,574	)
Payment of contingent consideration (note 4)	-		(800	)
Other	(122	)	(37	)
Net cash flows from investing activities - continuing operations	(19,073	)	(4,411	)
Net cash flows from investing activities - discontinued operations	-		466
	(19,073	)	(3,945	)
Financing activities
Increase under line of credit facilities (note 6)	23,257		15,529
Borrowings under long-term debt (note 6)	-		60
Repayment of long-term debt (note 6)	(1,415	)	(1,571	)
Proceeds from the issuance of common shares	1,616		665
Proceeds from the exercise of warrants	812		-
Other	(137	)	(98	)
Net cash flows from financing activities - continuing operations	24,133		14,585
Foreign exchange gain (loss) on cash held in a foreign currency	(21	)	56
Decrease in cash and cash equivalents in the period	(6,447	)	(1,900	)
Cash and cash equivalents - beginning of the period	9,938		8,537
Cash and cash equivalents - end of the period	3,491		6,637
Non-cash investing activities
Acquisition of business, working capital adjustment (note 2)	265		-
Acquisition of business, settlement of pre-existing relationship (note 2)	(749	)	-
Acquisition of business, contingent consideration at fair value (note 2)	(20,000	)	-

(See accompanying notes to consolidated financial statements)

SUNOPTA INC. 9 April 4, 2015 10-Q

SunOpta Inc.

Notes to Consolidated Financial Statements

For the quarters ended April 4, 2015 and April 5, 2014

(Unaudited)

(Expressed in thousands of U.S. dollars, except per share amounts)

1. Description of Business and Significant Accounting Policies

SunOpta Inc. (the “Company” or “SunOpta”) was incorporated under the laws of Canada on November 13, 1973. The Company operates businesses focused on a healthy products portfolio that promotes sustainable well-being. The Company operates in two industry segments, the largest being SunOpta Foods, which consists of two reportable segments, Global Ingredients and Consumer Products, that operate in the natural, organic and specialty food sectors and utilize an integrated business model to bring cost-effective and quality products to market. In addition to SunOpta Foods, the Company owned approximately 66% of Opta Minerals Inc. (“Opta Minerals”) as at April 4, 2015 and January 3, 2015, on a non-dilutive basis. Opta Minerals produces, distributes and recycles industrial minerals, silica-free abrasives and specialty sands.

Basis of Presentation

The interim consolidated financial statements of the Company have been prepared in accordance with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X promulgated under the Securities Exchange Act of 1934, as amended, and in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) for interim financial information. Accordingly, these condensed interim consolidated financial statements do not include all of the disclosures required by U.S. GAAP for annual financial statements. In the opinion of management, all adjustments considered necessary for fair presentation have been included and all such adjustments are of a normal, recurring nature. Operating results for the quarter ended April 4, 2015 are not necessarily indicative of the results that may be expected for the full year ending January 2, 2016 or for any other period. The interim consolidated financial statements include the accounts of the Company and its subsidiaries, and have been prepared on a basis consistent with the annual consolidated financial statements for the year ended January 3, 2015. For further information, refer to the consolidated financial statements, and notes thereto, included in the Company’s Annual Report on Form 10-K for the fiscal year ended January 3, 2015.

Comparative Balances

Certain comparative balances have been reclassified to conform to the presentation adopted by the Company in the current fiscal year:

• On December 22, 2014, the Company completed the sale of its fiber and starch business (the “Fiber Business”), which has been presented as a discontinued operation in the consolidated financial statements for the quarter ended April 5, 2014.

• The Company has reclassified its investment in convertible subordinated notes of Enchi Corporation (“Enchi”), including the value ascribed to the embedded derivative attributable to the notes (see note 4), from investment to other assets (long-term) on the consolidated balance sheet as at January 3, 2015.

Fiscal Year-End

The fiscal year of the Company consists of a 52- or 53-week period ending on the Saturday closest to December 31. Fiscal year 2015 is a 52-week period ending on January 2, 2016, with quarterly periods ending on April 4, July 4 and October 3, 2015, while fiscal year 2014 was a 53-week period ending on January 3, 2015, with quarterly periods ending on April 5, July 5 and October 4, 2014.

The fiscal year of Opta Minerals ends on December 31, with its quarterly periods ending on March 31, June 30 and September 30.

SUNOPTA INC. 10 April 4, 2015 10-Q

SunOpta Inc.

Notes to Consolidated Financial Statements

For the quarters ended April 4, 2015 and April 5, 2014

(Unaudited)

(Expressed in thousands of U.S. dollars, except per share amounts)

Recent Accounting Pronouncements

In April 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2015-03, “Interest – Imputation of Interest – Simplifying the Presentation of Debt Issuance Costs”, which requires that debt issuance costs be presented as a deduction from the corresponding debt liability. The guidance, however, does not affect the recognition and measurement of debt issuance costs. The guidance is effective on a retrospective basis for annual and interim periods beginning on or after December 15, 2015. In accordance with the new standard, the Company will reclassify financing costs recorded as deferred charges in other assets (current and long-term) on the consolidated balance sheets to bank indebtedness or long-term debt commencing with its annual consolidated financial statements for the year ended January 2, 2016. As at April 4, 2015, deferred financing costs recorded on the consolidated balance sheet amounted to $780.

In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers”, which will supersede existing revenue recognition guidance under U.S. GAAP. Under the new standard, a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. The guidance is effective for annual and interim periods beginning on or after December 15, 2016, and is to be applied on either a full retrospective or modified retrospective basis. Early adoption is not permitted. The Company is currently assessing the impact that this standard will have on its consolidated financial statements.

On April 29, 2015, the FASB issued a proposed ASU that would defer the effective date of the guidance in ASU 2014-09 by one year to annual and interim reporting periods beginning after December 15, 2017. Under the proposed ASU, earlier application would be permitted only as of annual and interim reporting periods beginning after December 15, 2016.

2. Business Acquisition

Citrusource, LLC

On March 2, 2015, the Company acquired 100% of the issued and outstanding units of Citrusource, LLC (“Citrusource”), a producer of premium not-from-concentrate private label organic and conventional orange juice and citrus products in the U.S. The acquisition of Citrusource has been accounted for as a business combination under the acquisition method of accounting. The results of Citrusource have been included in the Company’s consolidated financial statements since the date of acquisition and are reported in the Consumer Products operating segment. The acquisition of Citrusource aligns with the Company’s strategy of growing its value-added consumer products portfolio and leveraging its integrated operating platform.

The following table summarizes the preliminary fair values of the consideration transferred as at the acquisition date:

	$
Cash(1)	13,300
Preliminary working capital adjustment(2)	(265	)
Settlement of pre-existing relationship(3)	749
Contingent consideration(4)	20,000
Total consideration transferred	33,784

(1)	Represents upfront cash consideration paid as at the acquisition date.
(2)	The preliminary working capital adjustment is subject to change to the extent that the final determination of net working capital as at the acquisition date exceeds or is below a pre-determined target level.
(3)	Prior to the date of acquisition, the Company had a pre-existing relationship to supply Citrusource with organic citrus raw materials. As at the acquisition date, the Company had accounts receivable owing from Citrusource of $749 related to product delivered prior to the acquisition date. No gain or loss was recognized by the Company on the effective settlement of this accounts receivable as at the acquisition date.

SUNOPTA INC. 11 April 4, 2015 10-Q

SunOpta Inc.

Notes to Consolidated Financial Statements

For the quarters ended April 4, 2015 and April 5, 2014

(Unaudited)

(Expressed in thousands of U.S. dollars, except per share amounts)

(4) The contingent consideration arrangement with the former unitholders of Citrusource comprises two components: (i) deferred consideration calculated based on a seven-times multiple of the incremental growth in Citrusource’s earnings before interest, taxes, depreciation and amortization (“EBITDA”) in fiscal year 2015 versus EBITDA for fiscal year 2014; and (ii) an earn-out calculated based on 25% of the incremental growth in the sum of Citrusource’s EBITDA and the EBITDA of the Company’s San Bernardino, California, juice production facility (the “Combined EBITDA”) in each of fiscal years 2016, 2017 and 2018 versus the Combined EBITDA for fiscal year 2015. The Company estimates that the gross contingent consideration may be in the range of $17,000 to $23,000 in the aggregate, with no upper limit to the amount of each of the components. The fair value measurement of the contingent consideration arrangement was determined to be approximately $20,000 as at the acquisition date, based on a probability-weighted present value analysis, of which approximately $17,000 is related to the deferred consideration and approximately $3,000 is related to the earn-out. Of the total contingent consideration obligation, $4,500 is included in current portion of long-term liabilities and $15,500 is included in long-term liabilities on the consolidated balance sheet. The fair value of the contingent consideration arrangement is based on significant level 3 unobservable inputs, including the following factors: (i) estimated range of EBITDA values in each of the earn-out periods; and (ii) the probability-weighting applied to each of the EBITDA values within the estimated range for each earn-out period. The resultant probability-weighted EBITDA values for each earn-out period were discounted at a credit risk-adjusted discount rate of approximately 3.5%. The fair value of the contingent consideration arrangement is provisional and subject to change pending the final validation of the inputs and assumptions used in the valuation analysis.

The following table summarizes the preliminary estimated fair values of the assets acquired and liabilities assumed as at the acquisition date. The following amounts recognized for the assets acquired and liabilities assumed are provisional and subject to change: (i) amounts for current assets and current liabilities pending finalization of the working capital adjustment; (ii) amount and useful life of the identified intangible asset pending final evaluation of the fair value of recently awarded business prior to the acquisition date; and (iii) amount of goodwill pending the completion of the valuations of the contingent consideration arrangement and intangible asset. The Company expects to finalize these amounts no later than one year from the acquisition date.

	$
Accounts receivable(1)	2,405
Inventories	1,745
Equipment	164
Customer relationships intangible asset(2)	14,000
Accounts payable and accrued liabilities	(1,666	)
Net identifiable assets acquired	16,648
Goodwill(3)	17,136
Net assets acquired	33,784

(1)	The Company considers the gross contractual accounts receivable balance of $2,405 to be fully collectible.
(2)	The customer relationships intangible asset was recognized based on contracts in existence at the acquisition date between Citrusource and major U.S. retail customers. This intangible asset will be amortized over an estimated useful life of approximately 12 years. The estimated fair value of the intangible asset was determined using a discounted cash flow analysis (income approach), which applied a risk-adjusted discount rate of approximately 15.0%.
(3)	Goodwill is calculated as the difference between the acquisition-date fair values of the consideration transferred and net assets acquired. The total amount of goodwill has been assigned to the Consumer Products operating segment and is expected to be fully deductible for tax purposes. The goodwill recognized is attributable to: (i) operating synergies expected to result from combining the operations of Citrusource with the Company’s vertically-integrated juice production and supply chain capabilities; and (ii) opportunities to leverage the business experience of Citrusource’s management team to grow the Company’s existing citrus beverage program.

SUNOPTA INC. 12 April 4, 2015 10-Q

SunOpta Inc.

Notes to Consolidated Financial Statements

For the quarters ended April 4, 2015 and April 5, 2014

(Unaudited)

(Expressed in thousands of U.S. dollars, except per share amounts)

The Company incurred $125 of acquisition-related costs that were expensed in the first quarter of 2015. These costs are included in other expenses in the consolidated statement of operation (see note 7).

Revenues of Citrusource for the period from the acquisition date to April 4, 2015 were $2,236 and earnings, net of income taxes, were $115, which included the effects of the acquisition accounting adjustments.

The following table presents unaudited pro forma consolidated results of operations for the quarters ended April 4, 2015 and April 5, 2014, as if the acquisition Citrusource had occurred as of December 29, 2013.

	Quarter ended
	April 4, 2015	April 5, 2014
	$	$
Pro forma revenues	307,812	327,780
Pro forma earnings attributable to SunOpta Inc.	5,822	6,153
Pro forma earnings per share
Basic	0.09	0.09
Diluted	0.09	0.09

The unaudited pro forma consolidated results of operations were prepared using the acquisition method of accounting and are based on unaudited historical financial information of the Company and Citrusource. Except to the extent realized, the unaudited pro forma information does not reflect any operating synergies or other benefits that the Company may achieve as a result of this acquisition, or the costs that may be necessary to achieve these operating synergies and other benefits. The unaudited pro forma information reflects primarily the following adjustments:

• incremental amortization expense related to the fair value of the identified intangible asset acquired;

• additional interest costs associated with an increase in borrowings under the Company’s syndicated credit facilities to fund the upfront cash consideration paid as at the acquisition date;

• exclusion of acquisition-related costs from earnings for the quarter ended April 4, 2015, and the inclusion of those costs in earnings for the comparative period; and

• consequential tax effects of the preceding adjustments.

The unaudited pro forma information is not necessarily indicative of what the Company’s consolidated results of operations actually would have been had the acquisition of Citrusource been completed on December 29, 2013. In addition, the unaudited pro forma information does not purport to project the future results of operations of the Company.

SUNOPTA INC. 13 April 4, 2015 10-Q

SunOpta Inc.

Notes to Consolidated Financial Statements

For the quarters ended April 4, 2015 and April 5, 2014

(Unaudited)

(Expressed in thousands of U.S. dollars, except per share amounts)

3. Discontinued Operations

Fiber and Starch Business

On December 22, 2014, the Company completed the sale of the Fiber Business for $37,500, subject to certain closing adjustments. The Fiber Business included five facilities located in Louisville, Kentucky, Cedar Rapids, Iowa, Cambridge, Minnesota, Fosston, Minnesota, and Galesburg, Illinois. The Fiber Business was formerly part of the former Value Added Ingredients operating segment. The Company continues to operate both its integrated grain- and fruit-based ingredient businesses, which were not part of the sale, and which previously formed the remainder of the former Value Added Ingredients operating segment. The Company recognized a gain on sale of the Fiber Business in discontinued operations, net of income taxes, of $1,898 in the fourth quarter of 2014.

Operating Results Reported in Discontinued Operations

The following table presents the operating results of Fiber Business reported in earnings from discontinued operations:

	Quarter ended
	April 4, 2015	April 5, 2014
	$	$
Revenues	-	11,148
Earnings before income taxes	-	61
Provision for income taxes	-	(24	)
Earnings from discontinued operations, net of income taxes	-	37

4. Derivative Financial Instruments and Fair Value Measurements

The following table presents for each of the fair value hierarchies, the assets and liabilities that are measured at fair value on a recurring basis as of April 4, 2015 and January 3, 2015:

		April 4, 2015
		Fair value
		asset (liability)		Level 1	Level 2		Level 3
		$		$	$		$
(a)	Commodity futures and forward contracts(1)
	Unrealized short-term derivative asset	1,829		251	1,578		-
	Unrealized long-term derivative asset	17		-	17		-
	Unrealized short-term derivative liability	(2,183	)	-	(2,183	)	-
	Unrealized long-term derivative liability	(101	)	-	(101	)	-
(b)	Inventories carried at market(2)	7,043		-	7,043		-
(c)	Interest rate swaps(3)	(547	)	-	(547	)	-
(d)	Forward foreign currency contracts(4)	1,442		-	1,442		-
(e)	Contingent consideration(5)	(20,381	)	-	-		(20,381	)
(f)	Embedded derivative(6)	3,409		-	-		3,409

SUNOPTA INC. 14 April 4, 2015 10-Q

SunOpta Inc.

Notes to Consolidated Financial Statements

For the quarters ended April 4, 2015 and April 5, 2014

(Unaudited)

(Expressed in thousands of U.S. dollars, except per share amounts)

		January 3, 2015
		Fair value
		asset (liability)		Level 1	Level 2		Level 3
		$		$	$		$
(a)	Commodity futures and forward contracts(1)
	Unrealized short-term derivative asset	2,450		44	2,406		-
	Unrealized long-term derivative asset	50		-	50		-
	Unrealized short-term derivative liability	(2,951	)	-	(2,951	)	-
	Unrealized long-term derivative liability	(90	)	-	(90	)	-
(b)	Inventories carried at market(2)	7,713		-	7,713		-
(c)	Interest rate swaps(3)	(285	)	-	(285	)	-
(d)	Forward foreign currency contracts(4)	1,026		-	1,026		-
(e)	Contingent consideration(5)	(396	)	-	-		(396	)
(f)	Embedded derivative(6)	3,409		-	-		3,409

(1)	Unrealized short-term derivative asset is included in prepaid expenses and other current assets, unrealized long-term derivative asset is included in other assets, unrealized short-term derivative liability is included in other current liabilities and unrealized long-term derivative liability is included in long-term liabilities on the consolidated balance sheets.
(2)	Inventories carried at market are included in inventories on the consolidated balance sheets.
(3)	The interest rate swaps are included in long-term liabilities on the consolidated balance sheets.
(4)	The forward foreign currency contracts are included in accounts receivable or accounts payable and accrued liabilities on the consolidated balance sheets.
(5)	Contingent consideration obligations are included in long-term liabilities (including the current portion thereof) on the consolidated balance sheets.
(6)	The embedded derivative is included in other assets (long-term) on the consolidated balance sheets.

(a)	Commodity futures and forward contracts
	The Company’s derivative contracts that are measured at fair value include exchange-traded commodity futures and forward commodity purchase and sale contracts. Exchange-traded futures are valued based on unadjusted quotes for identical assets priced in active markets and are classified as level 1. Fair value for forward commodity purchase and sale contracts is estimated based on exchange-quoted prices adjusted for differences in local markets. Local market adjustments use observable inputs or market transactions for similar assets or liabilities, and, as a result, are classified as level 2. Based on historical experience with the Company’s suppliers and customers, the Company’s own credit risk, and the Company’s knowledge of current market conditions, the Company does not view non-performance risk to be a significant input to fair value for the majority of its forward commodity purchase and sale contracts.
	These exchange-traded commodity futures and forward commodity purchase and sale contracts are used as part of the Company’s risk management strategy, and represent economic hedges to limit risk related to fluctuations in the price of certain commodity grains, as well as the prices of cocoa and coffee. These derivative instruments are not designated as hedges for accounting purposes. Gains and losses on changes in fair value of these derivative instruments are included in cost of goods sold on the consolidated statement of operations. For the quarter ended April 4, 2015, the Company recognized a gain of $103 (April 5, 2014 – loss of $625) related to changes in the fair value of these derivatives.

SUNOPTA INC. 15 April 4, 2015 10-Q

SunOpta Inc.

Notes to Consolidated Financial Statements

For the quarters ended April 4, 2015 and April 5, 2014

(Unaudited)

(Expressed in thousands of U.S. dollars, except per share amounts)

As at April 4, 2015, the notional amounts of open commodity futures and forward purchase and sale contracts were as follows (in thousands of bushels):

	Number of bushels purchased (sold)
	Corn		Soybeans
Forward commodity purchase contracts	1,216		1,573
Forward commodity sale contracts	(594	)	(1,397	)
Commodity futures contracts	(805	)	(665	)

	In addition, as at April 4, 2015, the Company had open forward contracts to sell 135 lots of cocoa and 11 lots of coffee.
(b)	Inventories carried at market
	Grains inventory carried at fair value is determined using quoted market prices from the Chicago Board of Trade (“CBoT”). Estimated fair market values for grains inventory quantities at period end are valued using the quoted price on the CBoT adjusted for differences in local markets, and broker or dealer quotes. These assets are placed in level 2 of the fair value hierarchy, as there are observable quoted prices for similar assets in active markets. Gains and losses on commodity grains inventory are included in cost of goods sold on the consolidated statements of operations. As at April 4, 2015, the Company had 196,020 bushels of commodity corn and 431,878 bushels of commodity soybeans in inventories carried at market.
(c)	Interest rate swaps
	As at April 4, 2015, Opta Minerals held interest rate swaps with a notional value of Cdn $37,025 to pay fixed rates of 1.85% to 2.02%, plus a margin of 2.0% to 3.5% based on certain financial ratios of Opta Minerals, and receive a variable rate based on various reference rates including prime, bankers’ acceptances or LIBOR, plus the same margin, until May 2017. The net notional value decreases in accordance with the quarterly principal repayments on Opta Minerals’ non- revolving term credit facility (see note 6).
	At each period end, the Company calculates the marked-to-market fair value of the interest rate swaps using a valuation technique using quoted observable prices for similar instruments as the primary input. Based on this valuation, the previously recorded fair value is adjusted to the current marked-to-market position. The marked-to-market gain or loss is placed in level 2 of the fair value hierarchy. As the interest rate swaps are designated as a cash flow hedge for accounting purposes, gains and losses on changes in the fair value of these derivative instruments are included on the consolidated statements of comprehensive earnings. For the quarter ended April 4, 2015, a loss of $262 (April 5, 2014 – loss of $78), net of income tax benefit of $66 (April 5, 2014 – income tax benefit of $18) related to changes in the fair value of these derivatives.
(d)	Foreign forward currency contracts
	As part of its risk management strategy, the Company enters into forward foreign exchange contracts to reduce its exposure to fluctuations in foreign currency exchange rates. For any open forward foreign exchange contracts at period end, the contract rate is compared to the forward rate, and a gain or loss is recorded. These contracts are placed in level 2 of the fair value hierarchy, as the inputs used in making the fair value determination are derived from and are corroborated by observable market data. While these forward foreign exchange contracts typically represent economic hedges that are not designated as hedging instruments, certain of these contracts may be designated as hedges. As at April 4, 2015 the Company had open forward foreign exchange contracts with a notional value of €21,697 ($25,092). Gains and losses on changes in the fair value of these derivative instruments are included in foreign exchange loss or gain on the consolidated statement of operations. For the quarter ended April 4, 2015, the Company recognized a gain of $416 (April 5, 2014 – gain of $284) related to changes in the fair value of these derivatives.

SUNOPTA INC. 16 April 4, 2015 10-Q

SunOpta Inc.

Notes to Consolidated Financial Statements

For the quarters ended April 4, 2015 and April 5, 2014

(Unaudited)

(Expressed in thousands of U.S. dollars, except per share amounts)

(e)	Contingent consideration
	The fair value measurement of contingent consideration arising from business acquisitions is determined using unobservable (level 3) inputs. These inputs include: (i) the estimated amount and timing of the projected cash flows on which the contingency is based; and (ii) the risk-adjusted discount rate used to present value those cash flows. For the quarter ended April 4, 2015, the change in the fair value of the contingent consideration obligation reflected the acquisition of Citrusource (see note 2). As at April 4, 2015, there was no significant change to the outcome of the fair value of Citrusource contingent consideration arrangement as measured at the acquisition date.
(f)	Embedded derivative
	The Company’s investment in subordinated convertible notes of Enchi includes the value of an accelerated payment option embedded in the notes, which may result in a maximum payout to the Company of $5,100. As at April 4, 2015 and January 3, 2015, the Company determined that the fair value of this embedded derivative was $3,409. Due to a lack of level 1 or level 2 observable market quotes for the notes, the Company used a discounted cash flow analysis (income approach) to estimate the original fair value of the embedded derivative based on unobservable level 3 inputs. The Company assesses changes in the fair value of the embedded derivative based on the performance of actual cash flows derived from certain royalty rights owned by Enchi, which are expected to be the primary source of funds available to settle the embedded derivative, relative to the financial forecasts used in the valuation analysis. As at April 4, 2015, there was no significant change to the expectations related to the royalty rights that would impact the fair value of the embedded derivative.

5. Inventories

	April 4, 2015		January 3, 2015
	$		$
Raw materials and work-in-process	189,829		189,192
Finished goods	66,971		66,142
Company-owned grain	18,218		15,066
Inventory reserves	(5,718	)	(6,144	)
	269,300		264,256

SUNOPTA INC. 17 April 4, 2015 10-Q

SunOpta Inc.

Notes to Consolidated Financial Statements

For the quarters ended April 4, 2015 and April 5, 2014

(Unaudited)

(Expressed in thousands of U.S. dollars, except per share amounts)

6. Bank Indebtedness and Long-Term Debt

	April 4, 2015	January 3, 2015
	$	$
Bank indebtedness:
North American credit facilities(1)	16,332	6,263
European credit facilities(2)	78,619	72,191
Opta Minerals revolving term credit facility(3)	14,266	12,956
	109,217	91,410
Long-term debt:
Opta Minerals non-revolving term credit facility(3)	31,096	34,633
Lease obligations	4,235	4,965
Other	197	257
	35,528	39,855
Less: current portion	5,445	5,927
	30,083	33,928

(1)	North American credit facilities
	The syndicated North American credit facilities support the core North American food operations of the Company.
	On July 27, 2012, the Company entered into an amended and restated credit agreement with a syndicate of lenders. The amended agreement provides secured revolving credit facilities of Cdn $10,000 (or the equivalent U.S. dollar amount) and $165,000, as well as an additional $50,000 in availability upon the exercise of an uncommitted accordion feature. These facilities mature on July 27, 2016, with the outstanding principal amount repayable in full on the maturity date.
	Interest on borrowings under the facilities accrues based on various reference rates including LIBOR, plus an applicable margin of 1.75% to 2.50%, which is set quarterly based on average borrowing availability. As at April 4, 2015, the weighted-average interest rate on the facilities was 2.02%.
	The facilities are collateralized by substantially all of the assets of the Company and its subsidiaries, excluding Opta Minerals and The Organic Corporation (“TOC”).
(2)	European credit facilities
	The European credit facilities support the international sourcing and supply operations of the Global Ingredients reportable segment.
	On October 14, 2014, TOC and certain of the Company’s other subsidiaries (collectively, the “Borrowers”) entered into a multipurpose facilities agreement with a syndicate of lenders (collectively, the “Lenders”), which provides for a total of €92,500 in financing via four main facilities: (i) an €80,000 revolving credit facility covering working capital needs; (ii) a €5,000 facility covering commodity hedging requirements; (iii) a €5,000 facility designated for letters of credit; and (iv) a €2,500 pre-settlement facility covering currency hedging requirements (collectively, the “Club Facility”).
	The €80,000 revolving credit facility is secured by the working capital of the Borrowers. The Club Facility is due on demand with no set maturity date. Interest costs under the Club Facility accrue based on the aggregate of: (i) a fixed loan margin of 1.75%; and (ii) a variable rate based on LIBOR or EURIBOR plus an applicable spread as set by the Lenders on a periodic basis. As at April 4, 2015 and January 3, 2015, €70,832 ($77,059) and €58,205 ($69,869), respectively, of this facility had been utilized.

SUNOPTA INC. 18 April 4, 2015 10-Q

SunOpta Inc.

Notes to Consolidated Financial Statements

For the quarters ended April 4, 2015 and April 5, 2014

(Unaudited)

(Expressed in thousands of U.S. dollars, except per share amounts)

	On April 27, 2015, a subsidiary of TOC amended its revolving credit facility agreement dated May 22, 2013, to provide up to €4,500 to cover the working capital needs of TOC’s Bulgarian operations. The facility is secured by the accounts receivable and inventories of the Bulgarian operations and is fully guaranteed by TOC. Interest accrues under the facility based on EURIBOR plus a margin of 2.75%, and borrowings under the facility are repayable in full on April 30, 2016. As of April 4, 2015 and January 3, 2015, €1,487 ($1,618) and €1,934 ($2,322), respectively, was borrowed under this facility.
	As at April 4, 2015, the weighted-average interest rate on the European credit facilities was 2.29%.
(3)	Opta Minerals credit facilities
	These credit facilities are specific to the operations of Opta Minerals.
	On May 8, 2014, Opta Minerals amended and extended its credit agreement dated May 18, 2012, which provides for a Cdn $20,000 revolving term credit facility and a Cdn $52,500 non-revolving term credit facility. The revolving term credit facility now matures on August 14, 2015, with the outstanding principal amount repayable in full on the maturity date. The principal amount of the non-revolving term credit facility is repayable in equal quarterly installments of approximately Cdn $1,312. Opta Minerals may be required to make additional repayments on the non-revolving term credit facility if certain financial covenants are not met. The non-revolving term credit facility matures on May 18, 2017, with the remaining outstanding principal amount repayable in full on the maturity date.
	Interest on the borrowings under these facilities accrues at the borrower’s option based on various reference rates including LIBOR, plus an applicable margin of 2.00% to 5.50% based on certain financial ratios of Opta Minerals. Opta Minerals utilizes interest rate swaps to hedge the interest payments on a portion of the borrowings under the non- revolving term credit facility (see note 4). As at March 31, 2015, the weighted-average interest rate on the credit facilities was 6.40%, after taking into account the related interest rate hedging activities.
	The credit facilities are collateralized by a first priority security interest on substantially all of the assets of Opta Minerals, and are without recourse to SunOpta Inc.
	On May 8, 2014, certain financial covenants under the Opta Minerals credit agreement were amended for the quarterly periods ending June 30, 2014 through September 30, 2015. Opta Minerals was in compliance with all its financial covenants as at March 31, 2015; however, there is no assurance that it will remain in compliance with certain financial covenants at all measurement dates within the next 12 months. Failure to meet a financial covenant would constitute an event of default under its credit agreement, unless the lenders agree to a waiver or further amendment.

7. Other Expense (Income), Net

The components of other expense (income) are as follows:

	Quarter ended
	April 4, 2015		April 5, 2014
	$		$
Acquisition-related transaction costs(1)	125		-
Fair value of contingent consideration(2)	-		(1,373	)
Severance and other rationalization costs	-		159
Other	(91	)	73
	34		(1,141	)

SUNOPTA INC. 19 April 4, 2015 10-Q

SunOpta Inc.

Notes to Consolidated Financial Statements

For the quarters ended April 4, 2015 and April 5, 2014

(Unaudited)

(Expressed in thousands of U.S. dollars, except per share amounts)

(1)	Acquisition-related transaction costs
	For the quarter ended April 4, 2015, the Company incurred transaction costs in connection with the acquisition of the Citrusource (see note 2).
(2)	Fair value of contingent consideration
	For the quarter ended April 5, 2014, the Company recorded a gain of $1,373 in connection with the settlement of the remaining earn-out related to the acquisition of Edner of Nevada, Inc. (“Edner”) on December 14, 2010. In addition, the Company made a payment of $800 to the former owners of Edner in connection with this settlement.

8. Earnings Per Share

Earnings (loss) per share are calculated as follows:

		Quarter ended
		April 4, 2015		April 5, 2014
Earnings from continuing operations attributable to SunOpta Inc.	$	5,234	$	6,603
Earnings from discontinued operations, net of income taxes		-		37
Earnings attributable to SunOpta Inc.	$	5,234	$	6,640
Basic weighted-average number of shares outstanding		67,399,642		66,572,936
Dilutive potential of the following:
Employee/director stock options and RSUs		548,747		1,544,245
Warrants		319,777		467,826
Diluted weighted-average number of shares outstanding		68,268,166		68,585,007
Earnings per share - basic:
- from continuing operations	$	0.08	$	0.10
- from discontinued operations		-		-
	$	0.08	$	0.10
Earnings per share - diluted:
- from continuing operations	$	0.08	$	0.10
- from discontinued operations		-		-
	$	0.08	$	0.10

For the quarter ended April 4, 2015, stock options to purchase 557,628 (April 5, 2014 - nil) common shares were excluded from the calculation of potential dilutive common shares due to their anti-dilutive effect.

SUNOPTA INC. 20 April 4, 2015 10-Q

SunOpta Inc.

Notes to Consolidated Financial Statements

For the quarters ended April 4, 2015 and April 5, 2014

(Unaudited)

(Expressed in thousands of U.S. dollars, except per share amounts)

9. Supplemental Cash Flow Information

	Quarter ended
	April 4, 2015		April 5, 2014
	$		$
Changes in non-cash working capital, net of businesses acquired:
Accounts receivable	(2,300	)	(23,285	)
Inventories	(10,015	)	4,659
Income tax recoverable	(1,751	)	3,343
Prepaid expenses and other current assets	(6,298	)	(1,672	)
Accounts payable and accrued liabilities	(6,545	)	(12,258	)
Customer and other deposits	4,246		4,285
	(22,663	)	(24,928	)

As at April 4, 2015, cash and cash equivalents included $2,083 (January 3, 2015 - $2,170) that was specific to Opta Minerals and cannot be utilized by the Company for general corporate purposes.

10. Commitments and Contingencies

Plum Dispute

Plum, PBC, a Delaware public benefit corporation (“Plum”), and SunOpta Global Organic Ingredients, Inc., a wholly-owned subsidiary of the Company (“SGOI”), are parties to a manufacturing and packaging agreement dated September 21, 2011 (the “Plum Manufacturing Agreement”). Pursuant to the Plum Manufacturing Agreement, SGOI agreed to manufacture and package certain food items for Plum at SGOI’s Allentown, Pennsylvania facility in accordance with Plum’s specifications regarding, among other things, product ingredients and packaging, manufacturing process, and quality control standards. On November 8, 2013, Plum initiated a voluntary recall of certain products manufactured by SGOI at its Allentown facility. On February 3, 2015, Plum filed a complaint against SGOI in the Lehigh County Court of Common Pleas in Allentown, Pennsylvania. On April 13, 2015, Plum filed an amended complaint adding packaging manufacturer and supplier Cheer Pack North America as a Defendant. SGOI has asserted counterclaims against Plum and cross-claims against Cheer Pack. In the amended complaint, Plum alleges it initiated the recall in response to consumer complaints of spoiled packaging of certain products, which could lead to gastrointestinal symptoms and discomfort if consumed. Plum alleges in its amended complaint that the spoilage of its products resulted from a post-processing issue at SGOI’s Allentown facility. Plum is seeking unspecified damages equal to the direct costs of the recall and handling of undistributed product, incidental and consequential damages, lost profits and attorneys’ fees. The Company disputes the allegations made by Plum against SGOI in its amended complaint and intends to vigorously defend itself against these claims; however, the Company cannot reasonably predict the outcome of this claim, nor can it estimate the amount of loss, or range of loss, if any, that may result from this claim.

Other Claims

In addition, various claims and potential claims arising in the normal course of business are pending against the Company. It is the opinion of management that these claims or potential claims are without merit and the amount of potential liability, if any, to the Company is not determinable. Management believes the final determination of these claims or potential claims will not materially affect the financial position or results of the Company.

SUNOPTA INC. 21 April 4, 2015 10-Q

SunOpta Inc.

Notes to Consolidated Financial Statements

For the quarters ended April 4, 2015 and April 5, 2014

(Unaudited)

(Expressed in thousands of U.S. dollars, except per share amounts)

11. Segmented Information

In the fourth quarter of 2014, following the sale of the Fiber Business (see note 3), the Company implemented changes to its organizational structure to align and focus the operations of SunOpta Foods on two key “go-to-market” categories: ingredient sourcing and supply; and consumer-packaged products. Consequently, the Company realigned the operating segments of SunOpta Foods to reflect the resulting changes in management reporting and accountability to the Company’s Chief Executive Officer. The segment information presented below for the quarter ended April 5, 2014 has been restated to reflect the realigned operating segments of SunOpta Foods. The Opta Minerals operating segment remained unchanged.

Effective with the realignment, the Company operates in the following three reportable segments:

• Global Ingredients aggregates the Company’s North American-based Raw Material Sourcing and Supply and European-based International Sourcing and Supply operating segments focused on the procurement and sale of specialty and organic grains and seeds, raw material ingredients, value-added grain- and cocoa-based ingredients, and organic commodities.

• Consumer Products manufactures and supplies branded and private label aseptic beverages; re-sealable pouch products; individually quick frozen (“IQF”) fruits and vegetables; fruit bases and toppings; premium juices; shelf stable juices and waters; and fruit- and grain-based snacks.

• Opta Minerals processes, distributes and recycles industrial minerals, silica-free abrasives, and specialty sands for use in the steel, foundry, loose abrasive cleaning, and municipal water filtration industries.

In addition, Corporate Services provides a variety of management, financial, information technology, treasury and administration services to each of the SunOpta Foods operating segments from the Company’s offices in Brampton, Ontario and Edina, Minnesota.

When reviewing the operating results of the Company’s operating segments, management uses segment revenues from external customers and segment operating income to assess performance and allocate resources. Segment operating income excludes other income or expense items and goodwill impairment losses. In addition, interest expense and income amounts, and provisions for income taxes are not allocated to operating segments.

	Quarter ended
	April 4, 2015
	Global	Consumer	SunOpta	Opta		Consol-
	Ingredients	Products	Foods	Minerals		idated
	$	$	$	$		$
Segment revenues from external customers	155,057	118,892	273,949	29,457		303,406
Segment operating income (loss)	8,981	2,560	11,541	(519	)	11,022
Corporate Services						(1,590	)
Other expense, net						(34	)
Interest expense, net						(1,823	)
Earnings from continuing operations before income taxes						7,575

SUNOPTA INC. 22 April 4, 2015 10-Q

SunOpta Inc.

Notes to Consolidated Financial Statements

For the quarters ended April 4, 2015 and April 5, 2014

(Unaudited)

(Expressed in thousands of U.S. dollars, except per share amounts)

	Quarter ended
	April 5, 2014
	Global	Consumer	SunOpta	Opta	Consol-
	Ingredients	Products	Foods	Minerals	idated
	$	$	$	$	$
Segment revenues from external customers	153,313	134,521	287,834	34,545	322,379
Segment operating income	3,539	10,090	13,629	1,025	14,654
Corporate Services					(2,631	)
Other income, net					1,141
Interest expense, net					(2,148	)
Earnings from continuing operations before income taxes					11,016

SUNOPTA INC. 23 April 4, 2015 10-Q

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations

Forward-Looking Financial Information

The following Management’s Discussion and Analysis of Financial Condition and Results of Operations (“MD&A”) should be read in conjunction with the interim consolidated financial statements, and notes thereto, for the quarter ended April 4, 2015 contained under Item 1 of this Quarterly Report on Form 10-Q (“Form 10-Q”) and in conjunction with the annual consolidated financial statements, and notes thereto, contained in the Annual Report on Form 10-K for the fiscal year ended January 3, 2015 (“Form 10-K”). Unless otherwise indicated herein, the discussion and analysis contained in this MD&A includes information available to May 13, 2015.

Certain statements contained in this MD&A may constitute forward-looking statements as defined under securities laws. Forward-looking statements may relate to our future outlook and anticipated events or results and may include statements regarding our future financial position, business strategy, budgets, litigation, projected costs, capital expenditures, financial results, taxes, plans and objectives. In some cases, forward-looking statements can be identified by terms such as “anticipate”, “estimate”, “intend”, “project”, “potential”, “continue”, “believe”, “expect”, “could”, “would”, “should”, “might”, “plan”, “will”, “may”, “predict”, or other similar expressions concerning matters that are not historical facts. To the extent any forward-looking statements contain future-oriented financial information or financial outlooks, such information is being provided to enable a reader to assess our financial condition, material changes in our financial condition, our results of operations, and our liquidity and capital resources. Readers are cautioned that this information may not be appropriate for any other purpose, including investment decisions.

Forward-looking statements contained in this MD&A are based on certain factors and assumptions regarding expected growth, results of operations, performance, and business prospects and opportunities. While we consider these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Forward-looking statements are also subject to certain factors, including risks and uncertainties that could cause actual results to differ materially from what we currently expect. These factors are more fully described in the “Risk Factors” section at Item 1A of the Form 10-K and Item 1A of this report.

Forward-looking statements contained in this commentary are based on our current estimates, expectations and projections, which we believe are reasonable as of the date of this report. You should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. Other than as required under securities laws, we do not undertake to update any forward-looking information at any particular time.

All dollar amounts in this MD&A are expressed in thousands of U.S. dollars, except per share amounts, unless otherwise noted.

Calendar Year

We operate on a fiscal calendar that results in a given fiscal year consisting of a 52- or 53-week period ending on the Saturday closest to December 31. Fiscal year 2015 will be a 52-week period ending on January 2, 2016, with quarterly periods ending on April 4, July 4 and October 3, 2015, whereas fiscal year 2014 was a 53-week period ending on January 3, 2015, with quarterly periods ending on April 5, July 5 and October 4, 2014. As a result, the first quarter of 2015 consisted of 13 weeks, compared with 14 weeks for the first quarter of 2014. Except as otherwise noted in this MD&A, the impact of the additional week on our results of operations for the first quarter of 2014 was insignificant relative to the first quarter of 2015.

SUNOPTA INC. 24 April 4, 2015 10-Q

Operational Realignment

In the fourth quarter of 2014, following the sale of our fiber and starch business (the “Fiber Business”) on December 22, 2014, we implemented changes to our organizational structure to align and focus the operations of SunOpta Foods on two key “go-to-market” categories: ingredient sourcing and supply; and consumer-packaged products. Consequently, we realigned the operating segments of SunOpta Foods to reflect the resulting changes in management reporting and accountability to our Chief Executive Officer. We believe this new operational structure aligns well with SunOpta Foods’ integrated field-to-table business model and product portfolio. Effective with the realignment, the Value Added Ingredients operating segment ceased to exist and SunOpta Foods operates in the following two reportable segments: Global Ingredients, which includes the grain-based ingredients business of the former Value Added Ingredients operating segment; and Consumer Products, which includes the fruit-based ingredient business of the former Value Added Ingredients operating segment. The Opta Minerals operating segment remained unchanged. The segmented operations information provided in the consolidated financial statements and this MD&A for the quarter ended April 5, 2014 has been restated to reflect these realigned reportable segments, as well as to present the Fiber Business as a discontinued operation.

Business Developments during the First Quarter of 2015

Acquisition of Citrusource, LLC

On March 2, 2015, we acquired Citrusource, LLC (“Citrusource”), a producer of premium not-from-concentrate private label organic and conventional orange juice and citrus products in the U.S. We paid $13,300 in cash at closing and we may pay additional consideration based on the incremental growth in Citrusource’s base business and the value of synergies created from combining the operations of Citrusource with our premium juice facility. The preliminary fair value of the total consideration transferred to acquire Citrusource was $33,784 as at the acquisition date, which was allocated primarily to a customer relationships intangible asset ($14,000) and goodwill ($17,136). The fair values assigned to the consideration transferred and net assets acquired are provisional and subject to change. The acquisition of Citrusource aligns with our strategy of growing our value-added consumer products portfolio and leveraging our integrated operating platform. Citrusource has been included in the Consumer Products operating segment since the date of acquisition.

SUNOPTA INC. 25 April 4, 2015 10-Q

Consolidated Results of Operations for the quarters ended April 4, 2015 and April 5, 2014

For the quarter ended	April 4, 2015		April 5, 2014		Change		Change
	$		$		$		%
Revenues
SunOpta Foods	273,949		287,834		(13,885	)	-4.8%
Opta Minerals	29,457		34,545		(5,088	)	-14.7%
Total revenues	303,406		322,379		(18,973	)	-5.9%
Gross profit
SunOpta Foods	29,170		31,323		(2,153	)	-6.9%
Opta Minerals	3,722		4,899		(1,177	)	-24.0%
Total gross profit	32,892		36,222		(3,330	)	-9.2%
Segment operating income (loss)(1)
SunOpta Foods	11,541		13,629		(2,088	)	-15.3%
Opta Minerals	(519	)	1,025		(1,544	)	-150.6%
Corporate Services	(1,590	)	(2,631	)	1,041		39.6%
Total segment operating income	9,432		12,023		(2,591	)	-21.5%
Other expense (income), net	34		(1,141	)	1,175		103.0%
Earnings from continuing operations before the following	9,398		13,164		(3,766	)	-28.6%
Interest expense, net	1,823		2,148		(325	)	-15.1%
Provision for income taxes	2,757		4,433		(1,676	)	-37.8%
Earnings from continuing operations	4,818		6,583		(1,765	)	-26.8%
Loss attributable to non-controlling interests	(416	)	(20	)	(396	)	-1980.0%
Earnings from discontinued operations, net of taxes	-		37		(37	)	-100.0%
Earnings attributable to SunOpta Inc.	5,234		6,640		(1,406	)	-21.2%

(1) When assessing the financial performance of our operating segments, we use an internal measure of operating income that excludes other income/expense items and any goodwill impairment losses determined in accordance with U.S. GAAP. This measure is the basis on which management, including the Chief Executive Officer, assesses the underlying performance of our operating segments. We believe that disclosing this non-GAAP measure assists investors in comparing financial performance across reporting periods on a consistent basis by excluding items that are not indicative of our core operating performance. However, the non-GAAP measure of operating income should not be considered in isolation or as a substitute for performance measures calculated in accordance with U.S. GAAP. The following table presents a reconciliation of “segment operating income (loss)” to “earnings from continuing operations before the following”, which we consider to be the most directly comparable U.S. GAAP financial measure.

	Global		Consumer	SunOpta	Opta		Corporate		Consol-
	Ingredients		Products	Foods	Minerals		Services		idated
For the quarter ended	$		$	$	$		$		$
April 4, 2015
Segment operating income (loss)	8,981		2,560	11,541	(519	)	(1,590	)	9,432
Other income (expense), net	-		-	-	91		(125	)	(34	)
Earnings (loss) from continuing operations before the following	8,981		2,560	11,541	(428	)	(1,715	)	9,398
April 5, 2014
Segment operating income (loss)	3,539		10,090	13,629	1,025		(2,631	)	12,023
Other income (expense), net	(6	)	1,287	1,281	(119	)	(21	)	1,141
Earnings (loss) from continuing operations before the following	3,533		11,377	14,910	906		(2,652	)	13,164

We believe that investors’ understanding of our financial performance is enhanced by disclosing the specific items that we exclude from segment operating income. However, any measure of operating income excluding any or all of these items is not, and should not be viewed as, a substitute for operating income prepared under U.S. GAAP. These items are presented solely to allow investors to more fully understand how we assess financial performance.

SUNOPTA INC. 26 April 4, 2015 10-Q

Revenues for the quarter ended April 4, 2015 decreased by 5.9% to $303,406 from $322,379 for the quarter ended April 5, 2014. Revenues in SunOpta Foods decreased by 4.8% to $273,949 and revenues in Opta Minerals decreased by 14.7% to $29,457. Excluding the impact of changes including commodity-related pricing and foreign exchange rates; product rationalizations; and the additional week of sales in the first quarter of 2014, revenues increased approximately 6.9% on a consolidated basis and approximately 9.1% within SunOpta Foods. In particular, the additional week of sales in the first quarter of 2014 contributed to a decline in year-over-year revenues within SunOpta Foods of approximately $21,281. Excluding this impact, SunOpta Foods’ revenues reflected stronger demand for organic ingredients in the U.S. and Europe, offset by the impact of sales mix within aseptic beverages and lower sales of certain other consumer-based products, as well as lower sunflower volumes following the rationalization of certain facilities and product lines in the third quarter of 2014. At Opta Minerals, the decrease in revenues reflected competitive pressure in the infrastructure market and a cyclical slowdown in the steel industry in the first quarter of 2015.

Gross profit decreased $3,330, or 9.2%, to $32,892 for the quarter ended April 4, 2015, compared with $36,222 for the quarter ended April 5, 2014. As a percentage of revenues, gross profit for the quarter ended April 4, 2015 was 10.8% compared to 11.2% for the quarter ended April 5, 2014, an decrease of 0.4% . Within SunOpta Foods, the gross profit percentage was 10.6% for the first quarter of 2015, compared with 10.9% for the first quarter of 2014, which reflected lower production volumes of consumer-based products; costs related to the retrofit of our premium juice facility; and costs associated with the expansion of our Allentown, Pennsylvania facility to add aseptic beverage processing and filling capabilities. These factors were partially offset by higher margins on organic ingredient sales, and improved performance in our rationalized sunflower operations. The gross profit percentage at Opta Minerals declined to 12.6% in the first quarter of 2015, compared with 14.2% in the first quarter of 2014, primarily due to lower volumes of higher-margin steel products and increased raw material costs.

Total segment operating income for the quarter ended April 4, 2015 decreased by $2,591, or 21.5%, to $9,432, compared with $12,023 for the quarter ended April 5, 2014. As a percentage of revenues, segment operating income was 3.1% for the quarter ended April 4, 2015, compared with 3.7% for the quarter ended April 5, 2014. The decrease in segment operating income reflected lower overall gross profit as described above and a $271 increase in selling, general and administrative (“SG&A”) expenses, primarily due to higher employee-related costs, partially offset by controlled discretionary spending. The increase in SG&A was more than offset by a year-over-year increase in foreign exchange gains of $1,017, mainly related to the positive impact of a strengthening of the U.S. dollar relative to the euro on foreign exchange contracts within our international sourcing and supply operations, partially offset by the negative impact of the same exchange rate movement on intercompany and third-party loan balances at Opta Minerals.

Further details on revenue, gross margin and segment operating income variances are provided below under “Segmented Operations Information”.

Other income for the quarter ended April 5, 2014 of $1,141 reflected a gain of $1,373 on the settlement of the earn-out related to the acquisition of Edner of Nevada, Inc. in December 2010.

The decrease in interest expense of $325 to $1,823 for the quarter ended April 4, 2015, compared with $2,148 for the quarter ended April 5, 2014, was primarily due to lower overall borrowings within SunOpta Foods, reflecting proceeds of $37,500 from the sale of the Fiber Business in the fourth quarter of 2014.

The provision for income tax for the quarter ended April 4, 2015 was $2,757, or 36.4% of earnings before taxes, compared with $4,433, or 40.2% of earnings before taxes, for the quarter ended April 5, 2014. The decrease in the effective tax rate reflected a change in the jurisdictional mix of earnings, as a result of growth in the profitability of our international sourcing and supply operations, and the benefit of available tax credits.

Losses attributable to non-controlling interests for the quarter ended April 4, 2015 were $416, compared with losses of $20 for the quarter ended April 5, 2014, which primarily reflected lower net earnings at Opta Minerals.

On a consolidated basis, we recognized earnings of $5,234 (diluted earnings per share of $0.08) for the quarter ended April 4, 2015, compared with earnings of $6,640 (diluted earnings per share of $0.10) for the quarter ended April 5, 2014.

SUNOPTA INC. 27 April 4, 2015 10-Q

Segmented Operations Information
SunOpta Foods
For the quarter ended		April 4, 2015		April 5, 2014		Change		% Change
Revenues	$	273,949	$	287,834	$	(13,885	)	-4.8%
Gross Margin		29,170		31,323		(2,153	)	-6.9%
Gross Margin %		10.6%		10.9%				-0.3%
Operating Income	$	11,541	$	13,629	$	(2,088	)	-15.3%
Operating Income %		4.2%		4.7%				-0.5%

SunOpta Foods contributed $273,949 or 90.3% of consolidated revenue for the quarter ended April 4, 2015, compared with $287,834 or 89.3% of consolidated revenues for the quarter ended April 5, 2014, a decrease of $13,885 or 4.8% . The table below explains the decrease in revenue by reportable segment for SunOpta Foods:

SunOpta Foods Revenue Changes
Revenues for the quarter ended April 5, 2014	$287,834
Increase in Global Ingredients	13,416
Decrease in Consumer Products	(6,020)
Impact on revenues from one additional week in the first quarter of 2014	(21,281)
Revenues for the quarter ended April 4, 2015	$273,949

Gross margin in SunOpta Foods decreased by $2,153, or 6.9%, for the quarter ended April 4, 2015 to $29,170, or 10.6% of revenues, compared to $31,323, or 10.9% of revenues for the quarter ended April 5, 2014. The table below explains the decrease in gross margin by reportable segment for SunOpta Foods:

SunOpta Foods Gross Margin Changes
Gross margin for the quarter ended April 5, 2014	$31,323
Increase in Global Ingredients	3,999
Decrease in Consumer Products	(6,152)
Gross margin for the quarter ended April 4, 2015	$29,170

Operating income in SunOpta Foods decreased by $2,088, or 15.3%, for the quarter ended April 4, 2015 to $11,541 or 4.2% of revenues, compared to $13,629 or 4.7% of revenues for the quarter ended April 5, 2014. The table below explains the decrease in operating income for SunOpta Foods:

SunOpta Foods Operating Income Changes
Operating Income for the quarter ended April 5, 2014	$13,629
Decrease in gross margin, as noted above	(2,153)
Increase in corporate cost allocations, due in part to centralization of services	(3,081)
Increase in foreign exchange gains	2,161
Lower SG&A costs	985
Operating Income for the quarter ended April 4, 2015	$11,541

SUNOPTA INC. 28 April 4, 2015 10-Q

Further details on revenue, gross margin and operating income variances within SunOpta Foods are provided in the segmented operations information that follows.

Global Ingredients
For the quarter ended		April 4, 2015		April 5, 2014		Change	% Change
Revenues	$	155,057	$	153,313	$	1,744	1.1%
Gross Margin		17,319		13,320		3,999	30.0%
Gross Margin %		11.2%		8.7%			2.5%
Operating Income	$	8,981	$	3,539	$	5,442	153.8%
Operating Income %		5.8%		2.3%			3.5%

Global Ingredients contributed $155,057 in revenues for the quarter ended April 4, 2015, compared to $153,313 for the quarter ended April 5, 2014, an increase of $1,744 or 1.1% . Excluding the impact of changes including foreign exchange rates, commodity-related pricing, product rationalizations, and the additional week of sales in the first quarter of 2014, Global Ingredients revenues increased approximately 20.0% . The table below explains the increase in revenue:

Global Ingredients Revenue Changes
Revenues for the quarter ended April 5, 2014	$153,313
Higher sales volume of animal feed, cocoa, organic fruit and vegetables, and organic cashews	17,284
Increased pricing and quantities driving higher sales in the U.S. market for products such as agave, chia, cashew, fruit purees and concentrates, and goji berries	13,011
Impact on revenues for one additional week in the first quarter of 2014	(11,672)
Unfavorable impact on euro-denominated sales due to the stronger U.S. dollar relative to euro	(9,654)
Lower volumes for non-GMO corn and soy, as well as in-shell and kernel sunflowers, due in part to product rationalizations	(6,321)
Reduced pricing of non-GMO corn, soy and offset partially by increases in organic feed pricing	(904)
Revenues for the quarter ended April 4, 2015	$155,057

SUNOPTA INC. 29 April 4, 2015 10-Q

Gross margin in Global Ingredients increased by $3,999 to $17,319 for the quarter ended April 4, 2015 compared to $13,320 for the quarter ended April 5, 2014, and the gross margin percentage increased by 2.5% to 11.2% .. The increase in gross margin as a percentage of revenue was primarily due to favorable sales mix of organic raw materials and improved sunflower processing yields, partially offset by lower pricing spreads on non-GMO and specialty soy and corn. The table below explains the increase in gross margin:

Global Ingredients Gross Margin Changes
Gross margin for the quarter ended April 5, 2014	$13,320
Increased volumes and favorable product mix of organic raw ingredients, as well as improved plant efficiencies at our cocoa processing facility	5,903
Unfavorable impact due to weaker euro relative to U.S. dollar in prior year, offset by gains on commodity futures contracts for cocoa and other commodities	(980)
Lower pricing spread on non-GMO and specialty soy and corn products	(692)
Improved sunflower processing yields and operating efficiencies, offset by lower grain- based ingredients sales	(232)
Gross margin for the quarter ended April 4, 2015	$17,319

Operating income in Global Ingredients increased by $5,442, or 153.8%, to $8,981 for the quarter ended April 4, 2015, compared to $3,539 for the quarter ended April 5, 2014. The table below explains the increase in operating income:

Global Ingredients Operating Income Changes
Operating income for the quarter ended April 5, 2014	$3,539
Increase in gross margin, as explained above	3,999
Increased foreign exchange gains on forward contracts	2,161
Favorable impact on expenses due to the stronger U.S. dollar relative to the euro	484
Increase in corporate cost allocations, due in part to centralization of services	(1,132)
Increased SG&A, due primarily to higher compensation costs from increased headcount and short-term incentives	(70)
Operating income for the quarter ended April 4, 2015	$8,981

Looking forward, we believe Global Ingredients is well positioned in growing natural and organic food categories. We intend to focus our efforts on (i) growing our identity preserved, non-GMO and organic sourcing and supply capabilities; (ii) leveraging our international sourcing and supply capabilities internally, and forward and backward integrating where opportunities exist; (iii) expanding our processing expertise and increasing our value-added capabilities; and (iv) expanding our international sales base via strategic relationships for procurement of product to drive incremental sales volume. Our long-term target for Global Ingredients is to achieve a segment operating margin of 6% to 8%, which assumes we are able to secure a consistent quantity and quality of natural and organic raw materials, improve product mix, and control costs. The statements in this paragraph are forward-looking statements. See “Forward-Looking Statements” above. Increased supply pressure in the commodity-based markets in which we operate, increased competition, volume decreases or loss of customers, unexpected delays in our expansion plans, or our inability to secure quality inputs or achieve our product mix or cost reduction goals, along with the other factors described above under “Forward-Looking Statements”, could adversely impact our ability to meet these forward-looking expectations.

SUNOPTA INC. 30 April 4, 2015 10-Q

Consumer Products
For the quarter ended		April 4, 2015		April 5, 2014		Change		% Change
Revenues	$	118,892	$	134,521	$	(15,629	)	-11.6%
Gross Margin		11,851		18,003		(6,152	)	-34.2%
Gross Margin %		10.0%		13.4%				-3.4%
Operating income	$	2,560	$	10,090	$	(7,530	)	-74.6%
Operating Income %		2.2%		7.5%				-5.3%

Consumer Products contributed $118,892 in revenues for the quarter ended April 4, 2015, compared to $134,521 for the quarter ended April 5, 2014, a $15,629 or 11.6% decrease. Excluding the impact of changes including foreign exchange rates, commodity-related pricing, and the additional week of sales in the first quarter of 2014, Consumer Products revenues decreased approximately 2.8% . The table below explains the decrease in revenue:

Consumer Products Revenue Changes
Revenues for the quarter ended April 5, 2014	$134,521
Impact on revenues for one additional week in the first quarter of 2014	(9,608)
Impact of sales mix within aseptic beverages and lower sales of fruit and protein snack products	(4,531)
Lower volumes of private label retail frozen food offerings, fruit toppings and bases, and private label beverages	(2,711)
Decreased sales of re-sealable pouch products	(1,015)
Incremental revenues as a result of Citrusource acquisition on March 2, 2015	2,236
Revenues for the quarter ended April 4, 2015	$118,892

Gross margin in Consumer Products decreased by $6,152 to $11,851 for the quarter ended April 4, 2015, compared to $18,003 for the quarter ended April 5, 2014, and the gross margin percentage decreased by 3.4% to 10.0% .. The decrease in gross margin as a percentage of revenue was due to increased raw material costs and lower production volumes, as well as increased costs associated with the retrofit of our premium juice facility and expansion activities at our Allentown facility. The table below explains the decrease in gross margin:

Consumer Products Gross Margin Changes
Gross Margin for the quarter ended April 5, 2014	$18,003
Decreased volumes and increased raw material costs for fruit bases and toppings, pouches and frozen food offerings	(2,868)
Lower volumes of aseptically-packaged beverages and fruit and protein snacks combined with higher inventory-related adjustments in the period	(1,801)
Costs related to the completion of the retrofit of our premium juice facility and costs associated with the expansion of our Allentown facility	(1,029)
Incremental margin as a result of Citrusource acquisition on March 2, 2015, offset by lower volumes and margins for private label beverages	(454)
Gross Margin for the quarter ended April 4, 2015	$11,851

SUNOPTA INC. 31 April 4, 2015 10-Q

Operating income in Consumer Products decreased by $7,530, or 74.6%, to $2,560 for the quarter ended April 4, 2015, compared to $10,090 for the quarter ended April 5, 2014. The table below explains the decrease in operating income:

Consumer Products Operating Income Changes
Operating Income for the quarter ended April 5, 2014	$10,090
Decrease in gross margin, as explained above	(6,152)
Increase in corporate cost allocations, due in part to centralization of services	(1,949)
Lower general SG&A expenses including travel and bad debts	571
Operating Income for the quarter ended April 4, 2015	$2,560

Looking forward, we will continue to invest in our Consumer Products portfolio including the expansion of our aseptic processing capabilities at our Allentown facility, which is scheduled for the fourth quarter of 2015; investment in enhanced packaging capabilities at our snack operation in Omak, Washington and our frozen operation in Buena Park, California; and further investment in our existing aseptic facilities to allow us to produce new carton formats and sizes. All of these investments are designed to expand our ability to address fast growing markets and drive growth in margins and operating income. We remain customer focused and continue to explore new ways to bring new value-added packaged products and processes to market, leveraging our global raw material sourcing and supply capabilities. Continued new product development, innovation in healthy snacks and the expansion of our integrated juice operations, combined with increasing demand for portable nutritious fruit offerings are expected to drive growth in this business. Long-term we are targeting 11% to 13% operating margins from Consumer Products. The statements in this paragraph are forward-looking statements. See “Forward-Looking Statements” above. Unfavorable shifts in consumer preferences, increased competition, volume decreases or loss of customers, unexpected delays in our expansion plans, inefficiencies in our manufacturing processes, lack of consumer product acceptance, or our inability to successfully implement the particular goals and strategies indicated above, along with the other factors described above under “Forward-Looking Statements”, could have an adverse impact on these forward-looking expectations.

Opta Minerals
For the quarter ended		April 4, 2015			April 5, 2014		Change		% Change
Revenues	$	29,457		$	34,545	$	(5,088	)	-14.7%
Gross Margin		3,722			4,899		(1,177	)	-24.0%
Gross Margin %		12.6%			14.2%				-1.6%
Operating Income (Loss)	$	(519	)	$	1,025	$	(1,544	)	-150.6%
Operating Income (Loss) %		-1.8%			3.0%				-4.8%

Opta Minerals contributed $29,457 in revenues for the quarter ended April 4, 2015, compared to $34,545 for the quarter ended April 5, 2014, a decrease of $5,088 or 14.7% . The table below explains the decrease in revenue:

Opta Minerals Revenue Changes
Revenues for the quarter ended April 5, 2014	$34,545
Continued economic and competitive activity in the infrastructure market driving down ordered volumes from customers	(3,671)
Lower ordered volumes from customers and a general slowdown in the steel industry	(1,417)
Revenues for the quarter ended April 4, 2015	$29,457

SUNOPTA INC. 32 April 4, 2015 10-Q

Gross margin for Opta Minerals decreased by $1,177 to $3,722 for the quarter ended April 4, 2015 compared to $4,899 for the quarter ended April 5, 2014, and the gross margin percentage decreased by 1.6% to 12.6% . The decrease in gross margin as a percentage of revenue was due primarily to unfavorable changes in product mix, reflecting lower volumes of higher-margin steel and magnesium products, and increased raw material costs. The table below explains the decrease in gross margin:

Opta Minerals Gross Margin Changes
Gross Margin for the quarter ended April 5, 2014	$4,899
Margin impact of lower volumes of steel and magnesium products	(688)
Unfavorable changes in infrastructure product mix and increased raw material costs	(489)
Gross Margin for the quarter ended April 4, 2015	$3,722

Operating income for Opta Minerals decreased by $1,544, or 150.6%, to an operating loss of $519 for the quarter ended April 4, 2015, compared to operating income of $1,025 for the quarter ended April 5, 2014. The table below explains the decrease in operating income:

Opta Minerals Operating Income Changes
Operating Income for the quarter ended April 5, 2014	$1,025
Decrease in gross margin, as explained above	(1,177)
Increase in foreign exchange losses due to translation of foreign denominated loans and intercompany balances	(1,022)
Decrease in SG&A, primarily due to lower compensation related to reduced headcount	655
Operating Loss for the quarter ended April 4, 2015	$(519)

We have identified Opta Minerals as a non-core holding. Opta Minerals is continuing to review strategic alternatives available to it to enhance value for all shareholders. Opta Minerals is focused on leveraging its global platform to drive expansion of existing product offerings to a wider customer base and new geographies. In addition, it continues to focus on maximizing operating efficiencies and introducing new and innovative products to the markets it serves. We own approximately 66% of Opta Minerals and segment operating income is presented prior to non-controlling interest expense. The statements in this paragraph are forward-looking statements. See “Forward-Looking Statements” above. An extended period of softness in the steel and foundry industries, slowdowns in the economy, or delays in bringing new products and operations completely online, along with the other factors described above under “Forward-Looking Statements,” could have an adverse impact on these forward-looking expectations.

SUNOPTA INC. 33 April 4, 2015 10-Q

Corporate Services
For the quarter ended		April 4, 2015			April 5, 2014			Change	% Change
Operating Loss	$	(1,590	)	$	(2,631	)	$	1,041	39.6%

Operating loss at Corporate Services decreased by $1,041 to $1,590 for the quarter ended April 4, 2015, from a loss of $2,631 for the quarter ended April 5, 2014. The table below explains the decrease in operating loss:

Corporate Services Operating Loss Changes
Operating Loss for the quarter ended April 5, 2014	$(2,631)
Increase in corporate management fees that are allocated to SunOpta operating groups, due in part to a centralization of services	3,081
Higher compensation-related costs due to increased headcount, short-term incentives, stock-based compensation and health benefits	(1,316)
Increased information technology consulting, professional fees and other general office spending	(604)
Increase in foreign exchange losses	(120)
Operating Loss for the quarter ended April 4, 2015	$(1,590)

Management fees mainly consist of salaries of corporate personnel who perform back office functions for divisions, as well as costs related to the enterprise resource management system. These expenses are allocated to the groups based on (1) specific identification of allocable costs that represent a service provided to each segment and (2) a proportionate distribution of costs based on a weighting of factors such as revenue contribution and number of people employed within each segment.

Liquidity and Capital Resources

We have the following sources from which we can fund our operating cash requirements:

• Existing cash and cash equivalents;

• Available operating lines of credit;

• Cash flows generated from operating activities;

• Cash flows generated from the exercise, if any, of stock options or warrants during the year;

• Potential additional long-term financing, including the offer and sale of debt and/or equity securities; and

• Potential sales of non-core divisions, or assets.

On October 14, 2014, The Organic Corporation (“TOC”) and certain of our other subsidiaries entered into a multipurpose facilities agreement with a syndicate of lenders (collectively, the “Lenders”), which provides for a total of €92,500 in financing via four main facilities: (i) an €80,000 revolving credit facility covering working capital needs; (ii) a €5,000 facility covering commodity hedging requirements; (iii) a €5,000 facility designated for letters of credit; and (iv) a €2,500 pre-settlement facility covering currency hedging requirements (collectively, the “Club Facility”). This facility supports our international sourcing and supply operations. There is no set maturity to the Club Facility and the Club Facility’s credit limit can be extended or adjusted based on the needs of the business and upon approval of the Lenders.

On May 8, 2014, Opta Minerals amended and extended its credit agreement dated May 18, 2012, which provides for a Cdn $20,000 revolving term credit facility and a Cdn $52,500 non-revolving term credit facility. The revolving term credit facility now matures on August 14, 2015, with the outstanding principal amount repayable in full on the maturity date. The principal amount of the non-revolving term credit facility is repayable in equal quarterly installments of approximately Cdn $1,312. Opta Minerals may be required to make additional repayments on the non-revolving term credit facility if certain financial covenants are not met. The non-revolving term credit facility matures on May 18, 2017, with the remaining outstanding principal amount repayable in full on the maturity date. These credit facilities are specific to the operations of Opta Minerals; are standalone and separate from facilities used to finance our core food operations; and are without recourse to SunOpta Inc.

SUNOPTA INC. 34 April 4, 2015 10-Q

Also on May 8, 2014, certain financial covenants under the Opta Minerals credit agreement were amended for the quarterly periods ending June 30, 2014 through September 30, 2015. Opta Minerals was in compliance with all its financial covenants as at March 31, 2015; however, there is no assurance that it will remain in compliance with certain financial covenants at all measurement dates within the next 12 months. Failure to meet a financial covenant would constitute an event of default under its credit agreement, unless the lenders agree to a waiver or further amendment.

On July 27, 2012, we entered into an amended and restated credit agreement with a syndicate of lenders. The amended agreement provides secured revolving credit facilities of Cdn $10,000 and $165,000, as well as an additional $50,000 in availability upon the exercise of an uncommitted accordion feature. These facilities mature on July 27, 2016, with the outstanding principal amount repayable in full on the maturity date. These facilities support our core North American food operations.

On February 27, 2015, our Board of Directors approved a share repurchase program, pursuant to which we may make purchases, from time to time, of up to $30,000 of our common shares. This program will terminate after one year or at such time as we complete our purchases. The amount of common shares to be purchased and the timing of purchases may be subject to various factors, including the market price of the common shares, general market conditions, our capital requirements, alternate investment opportunities, and restrictions under our credit agreements and applicable law. In no event will we acquire shares representing in excess of 5% of our issued and outstanding shares unless all necessary regulatory approvals have been obtained. The common shares to be repurchased will be funded using existing resources; however, there is no assurance that any shares will be repurchased and we may elect to suspend or discontinue the program at any time. As at May 13, 2015, we had not repurchased any common shares under this program.

We have an effective registration statement on file with the U.S. Securities and Exchange Commission, pursuant to which we may offer up to $200,000 of debt, equity and other securities. We also have a prospectus on file with Canadian securities regulators covering the offer and sale of up to $200,000 of debt, equity and other securities. While the U.S. registration statement and the Canadian prospectus could be used by us for a public offering of debt, equity or other securities to raise additional capital, our ability to conduct any such future offerings will be subject to market conditions.

In order to finance significant acquisitions that may arise in the future, we may need additional sources of cash that we could attempt to obtain through a combination of additional bank or subordinated financing, a private or public offering of debt or equity securities, or the issuance of common stock as consideration in an acquisition. There can be no assurance that these types of financing would be available or, if so, on terms that are acceptable to us.

In the event that we require additional liquidity due to market conditions, unexpected actions by our lenders, changes to our growth strategy, or other factors, our ability to obtain any additional financing on favorable terms, if at all, could be limited.

Cash Flows

Cash flows for the quarter ended April 4, 2015

Net cash and cash equivalents declined $6,447 in the first quarter of 2015 to $3,491 as at April 4, 2015, compared with $9,938 as at January 3, 2015, which primarily reflected the following uses of cash:

• the upfront consideration of $13,300 paid in connection with the acquisition of Citrusource;

• capital expenditures of $5,651, primarily related to retrofit of our premium juice facility and expansion of our Allentown facility; and

• cash used in continuing operating activities of $11,486.

SUNOPTA INC. 35 April 4, 2015 10-Q

These uses of cash were mostly offset by:

• net borrowings under our line of credit facilities of $23,257; and

• cash proceeds on the exercise of stock options and warrants of $2,428 in the aggregate.

Cash used in operating activities of continuing operations was $11,486 in the first quarter of 2015, compared with $12,130 in the first quarter of 2014, a decrease in cash used of $644, mainly due to reduced working capital requirements in SunOpta Foods, as a result of improved working capital efficiency, due in part to the rationalization of certain sunflower facilities and product lines in the third quarter of 2014. In the first quarter of each fiscal year, cash used in continuing operations also reflects the normal timing of cash payments to growers for crop deliveries during the fourth quarter of the prior fiscal year, which is typically the quarter with the higher level of deliveries.

Cash used in investing activities of continuing operations was $19,073 in the first quarter of 2015, compared with $4,411 in the first quarter of 2014, an increase in cash used of $14,662, which mainly related to the $13,300 upfront payment to acquire Citrusource, as well as an increase in capital expenditures of $2,077 in the first quarter of 2015, compared with the first quarter of 2014.

Cash provided by financing activities of continuing operations was $24,133 in the first quarter of 2015, compared with $14,585 in the first quarter of 2014, an increase of $9,548, reflecting an increase in borrowings under our line of credit facilities of $7,728 and higher proceeds from the exercise of stock options and warrants of $1,763, which was mainly used to fund the upfront payment to acquire Citrusource.

Off-Balance Sheet Arrangements

There are currently no off-balance sheet arrangements that have or are reasonably likely to have a current or future material effect on our financial condition.

Contractual Obligations

There have been no material changes outside the normal course of business in our contractual obligations since January 3, 2015.

Critical Accounting Estimates

The preparation of financial statements in conformity with U.S. GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities, related revenues and expenses, and disclosure of gain and loss contingencies at the date of the financial statements. The estimates and assumptions made require us to exercise our judgment and are based on historical experience and various other factors that we believe to be reasonable under the circumstances. We continually evaluate the information that forms the basis of our estimates and assumptions as our business and the business environment generally changes. The use of estimates is pervasive throughout our financial statements. There have been no material changes to the critical accounting estimates disclosed under the heading “Critical Accounting Estimates” in Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations”, of the Form 10-K.

Item 3. Quantitative and Qualitative Disclosures about Market Risk

For quantitative and qualitative disclosures about market risk, see Part II, Item 7A, “Quantitative and Qualitative Disclosures about Market Risk”, of the Form 10-K. There have been no material changes to our exposures to market risks since January 3, 2015.

SUNOPTA INC. 36 April 4, 2015 10-Q

Item 4. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Our management has established disclosure controls and procedures designed to ensure that information required to be disclosed by the Company in the reports that it files or submits under the Securities Exchange Act of 1934, as amended (the “Exchange Act”) is recorded, processed, summarized and reported within time periods specified in the Securities and Exchange Commission’s rules and forms. Such disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by the Company in the reports that it files or submits under the Exchange Act is accumulated and communicated to its management to allow timely decisions regarding required disclosure.

Under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer, we conducted an evaluation of our disclosure controls and procedures (as such term is defined under Rule 13a-15(e) promulgated under the Exchange Act) as of the end of the period covered by this quarterly report. Based on this evaluation, our Chief Executive Officer and our Chief Financial Officer concluded that our disclosure controls and procedures were effective as of April 4, 2015.

Changes in Internal Control Over Financial Reporting

Our management, with the participation of our Chief Executive Officer and Chief Financial Officer, has evaluated whether any change in our internal control over financial reporting (as such term is defined under Rule 13a-15(f) promulgated under the Exchange Act) occurred during the quarter ended April 4, 2015. Based on that evaluation, management concluded that there were no changes in our internal control over financial reporting during the quarter ended April 4, 2015 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

SUNOPTA INC. 37 April 4, 2015 10-Q

PART II - OTHER INFORMATION

Item 1. Legal Proceedings

Plum Dispute

Plum, PBC, a Delaware public benefit corporation (“Plum”), and SunOpta Global Organic Ingredients, Inc., a wholly-owned subsidiary of the Company (“SGOI”), are parties to a manufacturing and packaging agreement dated September 21, 2011 (the “Plum Manufacturing Agreement”). Pursuant to the Plum Manufacturing Agreement, SGOI agreed to manufacture and package certain food items for Plum at SGOI’s Allentown, Pennsylvania facility in accordance with Plum’s specifications regarding, among other things, product ingredients and packaging, manufacturing process, and quality control standards. On November 8, 2013, Plum initiated a voluntary recall of certain products manufactured by SGOI at its Allentown facility. On February 3, 2015, Plum filed a complaint against SGOI in the Lehigh County Court of Common Pleas in Allentown, Pennsylvania. On April 13, 2015, Plum filed an amended complaint adding packaging manufacturer and supplier Cheer Pack North America as a Defendant. SGOI has asserted counterclaims against Plum and cross-claims against Cheer Pack. In the amended complaint, Plum alleges it initiated the recall in response to consumer complaints of spoiled packaging of certain products, which could lead to gastrointestinal symptoms and discomfort if consumed. Plum alleges in its amended complaint that the spoilage of its products resulted from a post-processing issue at SGOI’s Allentown facility. Plum is seeking unspecified damages equal to the direct costs of the recall and handling of undistributed product, incidental and consequential damages, lost profits and attorneys’ fees. The Company disputes the allegations made by Plum against SGOI in its amended complaint and intends to vigorously defend itself against these claims; however, the Company cannot reasonably predict the outcome of this claim, nor can it estimate the amount of loss, or range of loss, if any, that may result from this claim.

From time to time, we are involved in other litigation incident to the ordinary conduct of our business. For a discussion of legal proceedings, see note 10 to the interim consolidated financial statements included under Part I, Item 1 of this Quarterly Report on Form 10-Q.

Item 1A. Risk Factors

Certain risks associated with our operations are discussed in our Annual Report on Form 10-K for the year ended January 3, 2015. There have been no material changes to the previously-reported risk factors as of the date of this quarterly report. All of such previously reported risk factors continue to apply to our business and should be carefully reviewed in connection with an evaluation of our Company.

Item 6. Exhibits

The list of exhibits in the Exhibit Index is incorporated herein by reference.

SUNOPTA INC. 38 April 4, 2015 10-Q

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	SUNOPTA INC.
Date: May 13, 2015	/s/ Robert McKeracher
	Robert McKeracher
	Vice President and Chief Financial Officer
	(Authorized Signatory and Principal Financial Officer)

 

SUNOPTA INC. 39 April 4, 2015 10-Q

EXHIBIT INDEX

Exhibit No.	Description
2.1+	Unit Purchase Agreement, dated March 2, 2015, by and among SunOpta Grains and Foods Inc., as Buyer, SunOpta Inc., as Parent, Orange County Citrus Holdings Group, LLC and Robert Aicklen, as Sellers, and Brian Mandel, as Guarantor and Seller Representative (incorporated by reference to Exhibit 2.1 to the Company’s Current Report on Form 8-K filed on March 5, 2015).
31.1	Certification by Steven Bromley, Chief Executive Officer, pursuant to Rule 13a – 14(a) under the Securities Exchange Act of 1934, as amended.
31.2	Certification by Robert McKeracher, Vice President and Chief Financial Officer, pursuant to Rule 13a – 14(a) under the Securities Exchange Act of 1934, as amended.
32	Certifications by Steven Bromley, Chief Executive Officer, and Robert McKeracher, Vice President and Chief Financial Officer, pursuant to 18 U.S.C. Section 1350.
101.INS	XBRL Instance Document.
101.SCH	XBRL Taxonomy Extension Schema Document.
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document.
101.DEF	XBRL Taxonomy Extension Definition Linkbase Document.
101.LAB	XBRL Taxonomy Extension Label Linkbase Document.
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document.

 

+ Exhibits and schedules to this exhibit have been omitted pursuant to Item 601(b)(2) of Regulation S-K. SunOpta will furnish copies of the omitted exhibits and schedules to the Securities and Exchange Commission upon its request.

SUNOPTA INC. 40 April 4, 2015 10-Q

EX-31.1

Exhibit 31.1

CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER
PURSUANT TO RULE 13a-14(a)
AS ADOPTED PURSUANT TO
SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Steven Bromley, certify that:

(1)	I have reviewed this quarterly report on Form 10-Q of SunOpta Inc. for the quarter ended April 4, 2015;
(2)	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
(3)	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
(4)	The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a -15(f) and 15d -15(f)) for the registrant and have:

a.	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b.	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c.	Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
d.	Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

(5) The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a.	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
b.	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

/s/ Steven Bromley

Chief Executive Officer
SunOpta Inc.
Date: May 13, 2015

EX-31.2

Exhibit 31.2

CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER
PURSUANT TO RULE 13a-14(a)
AS ADOPTED PURSUANT TO
SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Robert McKeracher, certify that:

(1)	I have reviewed this quarterly report on Form 10-Q of SunOpta Inc. for the quarter ended April 4, 2015;
(2)	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
(3)	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
(4)	The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a -15(f) and 15d -15(f)) for the registrant and have:

a.	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b.	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c.	Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
d.	Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

(5) The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a.	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
b.	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

/s/ Robert McKeracher

Vice President and Chief Financial Officer
SunOpta Inc.
Date: May 13, 2015

EX-32

Exhibit 32

CERTIFICATION
PURSUANT TO 18 U.S.C. SECTION 1350,
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the quarterly report of SunOpta Inc. (the “Company”) on Form 10-Q for the quarter ended April 4, 2015 as filed with the Securities and Exchange Commission (the “Report”), I, Steven Bromley, Chief Executive Officer of the Company, and I, Robert McKeracher, Vice President and Chief Financial Officer of the Company, certify pursuant to 18 U.S.C. Section 1350, that to our knowledge:

1.	The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
2.	The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

A signed original of this written statement, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement, has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request.

Date: May 13, 2015

/s/ Steven Bromley
Steven Bromley
Chief Executive Officer
SunOpta Inc.

/s/ Robert McKeracher
Robert McKeracher
Vice President and Chief Financial Officer
SunOpta Inc.

The foregoing certification is being furnished solely pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and should not be deemed to be filed under the Exchange Act by the Company or the certifying officer.

XML

Inventories (Details) (USD $)	Apr. 04, 2015	Jan. 03, 2015
Inventory Disclosure [Abstract]
Raw materials and work-in-process	$ 189,829,000	$ 189,192,000
Finished goods	66,971,000	66,142,000
Company-owned grain	18,218,000	15,066,000
Inventory reserves	(5,718,000)	(6,144,000)
Total Inventory, Net	$ 269,300,000	$ 264,256,000

XML

Supplemental Cash Flow Information (Narrative) (Details) (USD $)	Apr. 04, 2015	Jan. 03, 2015	Apr. 05, 2014	Dec. 28, 2013
Restricted Cash and Cash Equivalents Items [Line Items]
Cash and cash equivalents	$ 3,491,000	$ 9,938,000	$ 6,637,000	$ 8,537,000
Opta Minerals Inc [Member]
Restricted Cash and Cash Equivalents Items [Line Items]
Cash and cash equivalents	$ 2,083,000	$ 2,170,000

XML

Earnings Per Share (Table) (Details) (USD $)	3 Months Ended
	Apr. 04, 2015	Apr. 05, 2014
Earnings Per Share Abstract
Income (Loss) from Continuing Operations Attributable to Parent	$ 5,234,000	$ 6,603,000
Earnings (loss) from discontinued operations, net of income taxes	0	37,000
Earnings (loss) attributable to SunOpta Inc.	$ 5,234,000	$ 6,640,000
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Weighted Average Number of Shares Outstanding, Basic	67,399,642	66,572,936
Weighted Average Number of Shares Outstanding, Diluted	68,268,166	68,585,007
Earnings (loss) per share - basic
from continuing operations basic	$ 0.08	$ 0.1
from discontinued operations basic	$ 0	$ 0
Earnings Per Share Total	$ 0.08	$ 0.1
Earnings (loss) per share - diluted
from continuing operations diluted	$ 0.08	$ 0.1
from discontinued operations diluted	$ 0	$ 0
Earnings Per Share Diluted Total	$ 0.08	$ 0.1
Warrant [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Dilutive Securities, Effect on Basic Earnings Per Share, Including Options and Restrictive Stock Units	319,777	467,826
Options and RSU [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Dilutive Securities, Effect on Basic Earnings Per Share, Including Options and Restrictive Stock Units	548,747	1,544,245

XML

Business Acquisition (Citrusource, LLC - Narrative) (Details) (USD $)	3 Months Ended			1 Months Ended	2 Months Ended
	Apr. 04, 2015		Apr. 05, 2014	Apr. 04, 2015	Mar. 02, 2015
Business Acquisition [Line Items]
Business Combination Settlement of pre-existing relationship	$ (749,000)	[1]	$ 0
Contingent Consideration			0
Business Combination Acquired Receivables Gross Contractual Amount					2,405,000
Acquisition-related transaction costs	125,000	[2]	0
Citrusource, LLC [Member]
Business Acquisition [Line Items]
Business Combination Settlement of pre-existing relationship					749,000	[1]
Gain (Loss) on Settlement of pre-existing relationship					0
Buisness Combination, Earn-out on Incremental Growth, Percent					25.00%
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, Low					17,000,000
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High					23,000,000
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Maximum Unlimited					with no upper limit to the amount of each of the components
Contingent Consideration					20,000,000	[3]
Business Combination, Deferred Contingent Consideration					17,000,000
Business Combination, Deferred Earn-out Payable, Non-current					3,000,000
Fair Value Inputs, Discount Rate					3.50%
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life					12 years
Acquisition-related transaction costs	125,000
Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual				2,236,000
Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual				115,000
Citrusource, LLC [Member] | Income Approach Valuation Technique [Member]
Business Acquisition [Line Items]
Business Combination Contingent Consideration Liability Current					4,500,000
Business Combination Contingent Consideration Liability Noncurrent					$ 15,500,000
Citrusource, LLC [Member] | Income Approach Valuation Technique [Member] | Finite-Lived Intangible Assets [Member]
Business Acquisition [Line Items]
Fair Value Inputs, Discount Rate					15.00%

[1] Prior to the date of acquisition, the Company had a pre-existing relationship to supply Citrusource with organic citrus raw materials. As at the acquisition date, the Company had accounts receivable owing from Citrusource of $749 related to product delivered prior to the acquisition date. No gain or loss was recognized by the Company on the effective settlement of this accounts receivable as at the acquisition date.

[2] Acquisition-related transaction costs For the quarter endedApril 4, 2015, the Company incurred transaction costs in connection with the acquisition of the Citrusource (see note 2).

[3] The contingent consideration arrangement with the former unitholders of Citrusource comprises two components: (i) deferred consideration calculated based on a seven-times multiple of the incremental growth in Citrusource’s earnings before interest, taxes, depreciation and amortization (“EBITDA”) in fiscal year 2015 versus EBITDA for fiscal year 2014; and (ii) an earn-out calculated based on 25% of the incremental growth in the sum of Citrusource’s EBITDA and the EBITDA of the Company’s San Bernardino, California, juice production facility (the “Combined EBITDA”) in each of fiscal years 2016, 2017 and 2018 versus the Combined EBITDA for fiscal year 2015. The Company estimates that the gross contingent consideration may be in the range of $17,000 to $23,000 in the aggregate, with no upper limit to the amount of each of the components. The fair value measurement of the contingent consideration arrangement was determined to be approximately $20,000 as at the acquisition date, based on a probability-weighted present value analysis, of which approximately $17,000 is related to the deferred consideration and approximately $3,000 is related to the earn-out. Of the total contingent consideration obligation, $4,500 is included in current portion of long-term liabilities and $15,500 is included in long-term liabilities on the consolidated balance sheet. The fair value of the contingent consideration arrangement is based on significant level 3 unobservable inputs, including the following factors: (i) estimated range of EBITDA values in each of the earn-out periods; and (ii) the probability-weighting applied to each of the EBITDA values within the estimated range for each earn-out period. The resultant probability-weighted EBITDA values for each earn-out period were discounted at a credit risk-adjusted discount rate of approximately 3.5%. The fair value of the contingent consideration arrangement is provisional and subject to change pending the final validation of the inputs and assumptions used in the valuation analysis.

XML

Other Expense (Income), Net (Tables)

3 Months Ended

Apr. 04, 2015

Other Income And Expenses [Abstract]

Schedule of Other Income And Other Expense Disclosure [Table Text Block]

	Quarter ended
	April 4, 2015	April 5, 2014
	$	$
Acquisition-related transaction costs(1)	125	-
Fair value of contingent consideration(2)	-	(1,373)
Severance and other rationalization costs	-	159
Other	(91)	73
	34	(1,141)

XML

Segmented Information (Table) (Details) (USD $)	3 Months Ended
	Apr. 04, 2015	Apr. 05, 2014
Segment Reporting, Revenue Reconciling Item [Line Items]
Segment revenues from external customers	$ 303,406,000	$ 322,379,000
Segment operating income	11,022,000	14,654,000
Other income (expense), net	(34,000)	1,141,000
Interest expense, net	(1,823,000)	(2,148,000)
Earnings (loss) from continuing operations before income taxes	7,575,000	11,016,000
SunOpta Foods [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Segment revenues from external customers	273,949,000	287,834,000
Segment operating income	11,541,000	13,629,000
Opta Minerals Inc Segment [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Segment revenues from external customers	29,457,000	34,545,000
Segment operating income	(519,000)	1,025,000
Corporate [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Segment operating income	(1,590,000)	(2,631,000)
Global Ingredients [Member] | SunOpta Foods [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Segment revenues from external customers	155,057,000	153,313,000
Segment operating income	8,981,000	3,539,000
Consumer Products [Member] | SunOpta Foods [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Segment revenues from external customers	118,892,000	134,521,000
Segment operating income	$ 2,560,000	$ 10,090,000

XML

Bank Indebtedness and Long-Term Debt (Narrative) (Details)							5 Months Ended		0 Months Ended			0 Months Ended			9 Months Ended					4 Months Ended	7 Months Ended		7 Months Ended		7 Months Ended			7 Months Ended	0 Months Ended		0 Months Ended			4 Months Ended	7 Months Ended
	Apr. 04, 2015 USD ($)	Jan. 03, 2015 USD ($)	Apr. 04, 2015 U S Line Of Credit [Member] USD ($)	Jan. 03, 2015 U S Line Of Credit [Member] USD ($)	Apr. 04, 2015 European Revolving Credit Facility [Member] USD ($)	Jan. 03, 2015 European Revolving Credit Facility [Member] USD ($)	May 18, 2012 Opta Minerals Inc [Member]	Apr. 04, 2015 Opta Minerals Inc [Member]	May 08, 2014 Opta Minerals Inc [Member] Cad Line Of Credit [Member]	Apr. 04, 2015 Opta Minerals Inc [Member] Cad Line Of Credit [Member] USD USD ($)	Jan. 03, 2015 Opta Minerals Inc [Member] Cad Line Of Credit [Member] USD USD ($)	May 08, 2014 Opta Minerals Inc [Member] Maximum [Member] Cad Line Of Credit [Member] London Interbank Offered Rate (LIBOR) [Member]	May 08, 2014 Opta Minerals Inc [Member] Minimum [Member] Cad Line Of Credit [Member] London Interbank Offered Rate (LIBOR) [Member]	Apr. 04, 2015 Organic Corporation [Member] European Revolving Credit Facility [Member]	Oct. 14, 2014 Organic Corporation [Member] European Revolving Credit Facility [Member] EUR EUR (€)	Apr. 04, 2015 Organic Corporation [Member] European Revolving Credit Facility [Member] EUR EUR (€)	Jan. 03, 2015 Organic Corporation [Member] European Revolving Credit Facility [Member] EUR EUR (€)	Apr. 04, 2015 Organic Corporation [Member] European Revolving Credit Facility [Member] USD USD ($)	Jan. 03, 2015 Organic Corporation [Member] European Revolving Credit Facility [Member] USD USD ($)	Apr. 27, 2015 Organic Corporation [Member] European Revolving Credit Facility [Member] Bulgaria [Member]	Jul. 27, 2012 Syndicate Lending Group [Member]	Apr. 04, 2015 Syndicate Lending Group [Member]	Jul. 27, 2012 Syndicate Lending Group [Member] USD	Jul. 27, 2012 Syndicate Lending Group [Member] Maximum [Member] Cad Line Of Credit [Member] CAD	Jul. 27, 2012 Syndicate Lending Group [Member] Maximum [Member] U S Line Of Credit [Member] London Interbank Offered Rate (LIBOR) [Member]	Jul. 27, 2012 Syndicate Lending Group [Member] Maximum [Member] U S Line Of Credit [Member] USD USD ($)	Jul. 27, 2012 Syndicate Lending Group [Member] Maximum [Member] Accordion Option [Member] USD USD ($)	Jul. 27, 2012 Syndicate Lending Group [Member] Minimum [Member] U S Line Of Credit [Member] London Interbank Offered Rate (LIBOR) [Member]	May 08, 2014 Non Revolving Term Credit Facility [Member] Opta Minerals Inc [Member] Cad Line Of Credit [Member] CAD	May 08, 2014 Non Revolving Term Credit Facility [Member] Opta Minerals Inc [Member] Maximum [Member] CAD	May 08, 2014 Revolving Acquisition Facility [Member] Opta Minerals Inc [Member] Cad Line Of Credit [Member] CAD	May 08, 2014 Revolving Acquisition Facility [Member] Opta Minerals Inc [Member] Maximum [Member] CAD	Oct. 14, 2014 Working Capital [Member] Organic Corporation [Member] European Revolving Credit Facility [Member] EUR EUR (€)	Apr. 27, 2015 Working Capital [Member] Organic Corporation [Member] European Revolving Credit Facility [Member] Bulgaria [Member] USD ($)	Jul. 27, 2012 Working Capital [Member] Organic Corporation [Member] European Revolving Credit Facility [Member] Bulgaria [Member]	Jul. 27, 2012 Working Capital [Member] Organic Corporation [Member] European Revolving Credit Facility [Member] Bulgaria [Member] Euro Interbank Offered Rate [Member]	Apr. 04, 2015 Working Capital [Member] Organic Corporation [Member] European Revolving Credit Facility [Member] Bulgaria [Member] EUR EUR (€)	Jan. 03, 2015 Working Capital [Member] Organic Corporation [Member] European Revolving Credit Facility [Member] Bulgaria [Member] EUR EUR (€)	Apr. 04, 2015 Working Capital [Member] Organic Corporation [Member] European Revolving Credit Facility [Member] Bulgaria [Member] USD USD ($)	Jan. 03, 2015 Working Capital [Member] Organic Corporation [Member] European Revolving Credit Facility [Member] Bulgaria [Member] USD USD ($)	Oct. 14, 2014 Commodity Hedging [Member] Organic Corporation [Member] European Revolving Credit Facility [Member] EUR EUR (€)	Oct. 14, 2014 StandbyLettersOfCreditMember Organic Corporation [Member] European Revolving Credit Facility [Member] EUR EUR (€)	Oct. 14, 2014 Currency Hedging [Member] Organic Corporation [Member] European Revolving Credit Facility [Member] EUR EUR (€)
Debt Instrument [Line Items]
Line of Credit Facility, Initiation Date							May 18, 2012								Oct. 14, 2014					May 22, 2013			Jul. 27, 2012
Line Of Credit Facility Amendment Date									May 08, 2014																										Apr. 27, 2015
Line of Credit Facility, Maximum Borrowing Capacity															€ 92,500,000									10,000,000		$ 165,000,000	$ 50,000,000			52,500,000		20,000,000	€ 80,000,000	$ 4,500,000							€ 5,000,000	€ 5,000,000	€ 2,500,000
Line of Credit Facility, Expiration Date																					Jul. 27, 2016								May 18, 2017		Aug. 14, 2015
Line of Credit Facility, Amount Outstanding	109,217,000	91,410,000	16,332,000	6,263,000	78,619,000	72,191,000				14,266,000	12,956,000					70,832,000	58,205,000	77,059,000	69,869,000																		1,487,000	1,934,000	1,618,000	2,322,000
Debt Instrument, Frequency of Periodic Payment																													quarterly
Debt Instrument, Periodic Payment, Principal																													1,312,000
Debt Instrument, Basis Spread on Variable Rate												5.50%	2.00%												2.50%			1.75%								2.75%
Debt Instrument, Description of Variable Rate Basis															Interest costs under the Club Facility accrue based on the aggregate of: (i) a fixed loan margin of 1.75%; and (ii) a variable rate based on LIBOR or EURIBOR plus an applicable spread as set by the Lenders on a periodic basis.																			EURIBOR
Debt, Weighted Average Interest Rate								6.40%						2.29%								2.02%
Debt Instrument, Maturity Date																																		Apr. 30, 2016
Capital Lease Obligations	$ 4,235,000	$ 4,965,000

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Derivative Financial Instruments and Fair Value Measurements (Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis ) (Details) (USD $)	Apr. 04, 2015		Jan. 03, 2015
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Inventories Carried At Market			$ 0
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Inventories Carried At Market			7,713,000
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Inventories Carried At Market			0
Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Inventories Carried At Market	7,043,000	[1]	7,713,000	[1]
Contingent Consideration	(20,381,000)		(396,000)
Embedded Derivative	3,409,000	[2]	3,409,000	[2]
Fair Value, Measurements, Recurring [Member] | Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Forward Foreign Currency Contracts	(547,000)	[3]	(285,000)	[3]
Fair Value, Measurements, Recurring [Member] | Foreign Exchange Forward [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Forward Foreign Currency Contracts	1,442,000	[4]	1,026,000	[4]
Fair Value, Measurements, Recurring [Member] | Short [Member] | Future And Forward Contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Unrealized Derivative Asset	1,829,000	[5]	2,450,000	[5]
Unrealized Derivative Liability	(2,183,000)	[5]	(2,951,000)	[5]
Fair Value, Measurements, Recurring [Member] | Long [Member] | Future And Forward Contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Unrealized Derivative Asset	17,000	[5]	50,000	[5]
Unrealized Derivative Liability	(101,000)	[5]	(90,000)	[5]
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Inventories Carried At Market	0	[1]	0	[1]
Contingent Consideration	0		0
Embedded Derivative	0	[2]	0	[2]
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Forward Foreign Currency Contracts	0	[3]	0	[3]
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Foreign Exchange Forward [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Forward Foreign Currency Contracts	0	[4]	0	[4]
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Short [Member] | Future And Forward Contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Unrealized Derivative Asset	251,000	[5]	44,000	[5]
Unrealized Derivative Liability	0	[5]	0	[5]
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Long [Member] | Future And Forward Contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Unrealized Derivative Asset	0	[5]	0	[5]
Unrealized Derivative Liability	0	[5]	0	[5]
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Inventories Carried At Market	7,043,000	[1]	7,713,000	[1]
Contingent Consideration	0		0
Embedded Derivative	0	[2]	0	[2]
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Forward Foreign Currency Contracts	(547,000)	[3]	(285,000)	[3]
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Foreign Exchange Forward [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Forward Foreign Currency Contracts	1,442,000	[4]	1,026,000	[4]
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Short [Member] | Future And Forward Contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Unrealized Derivative Asset	1,578,000	[5]	2,406,000	[5]
Unrealized Derivative Liability	(2,183,000)	[5]	(2,951,000)	[5]
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Long [Member] | Future And Forward Contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Unrealized Derivative Asset	17,000	[5]	50,000	[5]
Unrealized Derivative Liability	(101,000)	[5]	(90,000)	[5]
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Inventories Carried At Market	0	[1]	0	[1]
Contingent Consideration	(20,381,000)		(396,000)
Embedded Derivative	3,409,000	[2]	3,409,000	[2]
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Forward Foreign Currency Contracts	0	[3]	0	[3]
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Foreign Exchange Forward [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Forward Foreign Currency Contracts	0	[4]	0	[4]
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Short [Member] | Future And Forward Contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Unrealized Derivative Asset	0	[5]	0	[5]
Unrealized Derivative Liability	0	[5]	0	[5]
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Long [Member] | Future And Forward Contracts [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Unrealized Derivative Asset	0	[5]	0	[5]
Unrealized Derivative Liability	$ 0	[5]	$ 0	[5]

[1] Inventories carried at market are included in inventories on the consolidated balance sheets.

[2] The embedded derivative is included in other assets (long-term) on the consolidated balance sheets.

[3] The interest rate swaps are included in long-term liabilities on the consolidated balance sheets.

[4] The forward foreign currency contracts are included in accounts receivable or accounts payable and accrued liabilitieson the consolidated balance sheets.

[5] Unrealized short-term derivative asset is included in prepaid expenses and other current assets, unrealized long-term derivative asset is included in other assets, unrealized short-term derivative liability is included in other current liabilities and unrealized long-term derivative liability is included in long-term liabilities on the consolidated balance sheets.

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Supplemental Cash Flow Information (Cash Flows) (Details) (USD $)	3 Months Ended
	Apr. 04, 2015	Apr. 05, 2014
Supplemental Cash Flow Elements [Abstract]
Accounts receivable	$ (2,300,000)	$ (23,285,000)
Inventories	(10,015,000)	4,659,000
Income tax recoverable	(1,751,000)	3,343,000
Prepaid expenses and other current assets	(6,298,000)	(1,672,000)
Accounts payable and accrued liabilities	(6,545,000)	(12,258,000)
Customer and other deposits	4,246,000	4,285,000
Net cash flows from operations - continuing operations	$ (22,663,000)	$ (24,928,000)

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Business Acquisition

3 Months Ended

Apr. 04, 2015

Business Combinations [Abstract]

Business Combination Disclosure [Text Block]

2. Business Acquisition

Citrusource, LLC

On March 2, 2015, the Company acquired 100% of the issued and outstanding units of Citrusource, LLC (“Citrusource”), a producer of premium not-from-concentrate private label organic and conventional orange juice and citrus products in the U.S. The acquisition of Citrusource has been accounted for as a business combination under the acquisition method of accounting. The results of Citrusource have been included in the Company’s consolidated financial statements since the date of acquisition and are reported in the Consumer Products operating segment. The acquisition of Citrusource aligns with the Company’s strategy of growing its value-added consumer products portfolio and leveraging its integrated operating platform.

The following table summarizes the preliminary fair values of the consideration transferred as at the acquisition date:

	$
Cash(1)	13,300
Preliminary working capital adjustment(2)	(265)
Settlement of pre-existing relationship(3)	749
Contingent consideration(4)	20,000
Total consideration transferred	33,784

(1)Represents upfront cash consideration paid as at the acquisition date.

(2)The preliminary working capital adjustment is subject to change to the extent that the final determination of net working capital as at the acquisition date exceeds or is below a pre-determined target level.

(3)Prior to the date of acquisition, the Company had a pre-existing relationship to supply Citrusource with organic citrus raw materials. As at the acquisition date, the Company had accounts receivable owing from Citrusource of $749 related to product delivered prior to the acquisition date. No gain or loss was recognized by the Company on the effective settlement of this accounts receivable as at the acquisition date.

(4)The contingent consideration arrangement with the former unitholders of Citrusource comprises two components: (i) deferred consideration calculated based on a seven-times multiple of the incremental growth in Citrusource’s earnings before interest, taxes, depreciation and amortization (“EBITDA”) in fiscal year 2015 versus EBITDA for fiscal year 2014; and (ii) an earn-out calculated based on 25% of the incremental growth in the sum of Citrusource’s EBITDA and the EBITDA of the Company’s San Bernardino, California, juice production facility (the “Combined EBITDA”) in each of fiscal years 2016, 2017 and 2018 versus the Combined EBITDA for fiscal year 2015. The Company estimates that the gross contingent consideration may be in the range of $17,000 to $23,000 in the aggregate, with no upper limit to the amount of each of the components. The fair value measurement of the contingent consideration arrangement was determined to be approximately $20,000 as at the acquisition date, based on a probability-weighted present value analysis, of which approximately $17,000 is related to the deferred consideration and approximately $3,000 is related to the earn-out. Of the total contingent consideration obligation, $4,500 is included in current portion of long-term liabilities and $15,500 is included in long-term liabilities on the consolidated balance sheet. The fair value of the contingent consideration arrangement is based on significant level 3 unobservable inputs, including the following factors: (i) estimated range of EBITDA values in each of the earn-out periods; and (ii) the probability-weighting applied to each of the EBITDA values within the estimated range for each earn-out period. The resultant probability-weighted EBITDA values for each earn-out period were discounted at a credit risk-adjusted discount rate of approximately 3.5%. The fair value of the contingent consideration arrangement is provisional and subject to change pending the final validation of the inputs and assumptions used in the valuation analysis.

The following table summarizes the preliminary estimated fair values of the assets acquired and liabilities assumed as at the acquisition date.The following amounts recognized for the assets acquired and liabilities assumed are provisional and subject to change: (i) amounts for current assets and current liabilities pending finalization of the working capital adjustment; (ii) amount and useful life of the identified intangible asset pending final evaluation of the fair value of recently awarded business prior to the acquisition date; and (iii) amount of goodwill pending the completion of the valuations of the contingent consideration arrangement and intangible asset. The Company expects to finalize these amounts no later than one year from the acquisition date.

	$
Accounts receivable(1)	2,405
Inventories	1,745
Equipment	164
Customer relationships intangible asset(2)	14,000
Accounts payable and accrued liabilities	(1,666)
Net identifiable assets acquired	16,648
Goodwill(3)	17,136
Net assets acquired	33,784

(1)The Company considers the gross contractual accounts receivable balance of $2,405 to be fully collectible.

(2)The customer relationships intangible asset was recognized based on contracts in existence at the acquisition date between Citrusource and major U.S. retail customers. This intangible asset will be amortized over an estimated useful life of approximately 12 years. The estimated fair value of the intangible asset was determined using a discounted cash flow analysis (income approach), which applied a risk-adjusted discount rate of approximately 15.0%.

(3)Goodwill is calculated as the difference between the acquisition-date fair values of the consideration transferred and net assets acquired. The total amount of goodwill has been assigned to the Consumer Products operating segment and is expected to be fully deductible for tax purposes. The goodwill recognized is attributable to: (i) operating synergies expected to result from combining the operations of Citrusource with the Company’s vertically-integrated juice production and supply chain capabilities; and (ii) opportunities to leverage the business experience of Citrusource’s management team to grow the Company’s existing citrus beverage program.

The Company incurred $125 of acquisition-related costs that were expensed in the first quarter of 2015. These costs are included in other expenses in the consolidated statement of operation (see note 7).

Revenues of Citrusource for the period from the acquisition date to April 4, 2015 were $2,236 and earnings, net of income taxes, were $115, which included the effects of the acquisition accounting adjustments.

The following table presents unaudited proforma consolidated results of operations for the quarters ended April 4, 2015 and April 5, 2014, as if the acquisition Citrusourcehadoccurred as of December 29, 2013.

		Quarter ended
		April 4, 2015	April 5, 2014
		$	$
Pro forma revenues		307,812	327,780
Pro forma earnings attributable to SunOpta Inc.		5,822	6,153
Pro forma earnings per share
	Basic	0.09	0.09
	Diluted	0.09	0.09

The unaudited proforma consolidated results of operations were prepared using the acquisition method of accounting and are based on unaudited historical financial information of the Company and Citrusource. Except to the extent realized, the unaudited pro forma information does not reflect any operating synergies or other benefits that the Company may achieve as a result of this acquisition, or the costs that may be necessary to achieve these operating synergies and other benefits. The unaudited pro forma information reflects primarily the following adjustments:

• incremental amortization expense related to the fair value of the identified intangible asset acquired;
• additional interest costs associated with an increase in borrowings under the Company’s syndicated credit facilities to fund the upfront cash consideration paid as at the acquisition date;
• exclusion of acquisition-related costs from earnings for the quarter endedApril 4, 2015, and the inclusion of those costs in earnings for the comparative period; and
• consequential tax effects of the preceding adjustments.

The unaudited proforma information is not necessarily indicative of what the Company’s consolidated results of operations actually would have been had the acquisition of Citrusource been completed on December 29, 2013. In addition, the unaudited proforma information does not purport to project the future results of operations of the Company.

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Other Expense (Income), Net (Table) (Details) (USD $)	3 Months Ended
	Apr. 04, 2015		Apr. 05, 2014
Other Income And Expenses [Abstract]
Acquisition-related transaction costs	$ 125,000	[1]	$ 0
Fair Value of Contingent Consideration	0		1,373,000	[2]
Severance and other rationalization costs	0		159,000
Other	(91,000)		73,000
Total Other Expense, net	$ 34,000		$ (1,141,000)

[1] Acquisition-related transaction costs For the quarter endedApril 4, 2015, the Company incurred transaction costs in connection with the acquisition of the Citrusource (see note 2).

[2] (2)Fair value of contingent consideration For the quarter ended April 5, 2014, the Company recorded a gain of $1,373 in connection with the settlement of the remaining earn-out related to the acquisition of Ednerof Nevada, Inc. (“Edner”) on December 14, 2010. In addition, the Company made a payment of $800 to the former owners of Edner in connection with this settlement.

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Description of Business and Significant Accounting Policies (Narrative) (Details) (USD $)	3 Months Ended
	Apr. 04, 2015
Basis Of Presentation Fiscal Year End And New Accounting Pronouncements Disclosure [Abstract]
Operating Cycle	The fiscal year of the Company consists of a 52- or 53-week period ending on the Saturday closest to December 31. Fiscal year 2015 is a 52-week period ending on January 2, 2016, with quarterly periods ending on April 4, July 4 and October 3, 2015, while fiscal year 2014 was a 53-week period ending on January 3, 2015, with quarterly periods ending on April 5, July 5 and October 4, 2014.
Year Founded	1973
Noncontrolling Interest [Line Items]
Deferred Finance Costs, Net	$ 780,000
Opta Minerals Inc [Member]
Noncontrolling Interest [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent	66.00%

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Segmented Information (Tables)

3 Months Ended

Apr. 04, 2015

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

		Quarter ended
		April 4, 2015
		Global	Consumer	SunOpta	Opta	Consol-
		Ingredients	Products	Foods	Minerals	idated
		$	$	$	$	$
Segment revenues from external customers		155,057	118,892	273,949	29,457	303,406
Segment operating income (loss)		8,981	2,560	11,541	(519)	11,022
Corporate Services						(1,590)
Other expense, net						(34)
Interest expense, net						(1,823)
Earnings from continuing operations
	before income taxes					7,575
		Quarter ended
		April 5, 2014
		Global	Consumer	SunOpta	Opta	Consol-
		Ingredients	Products	Foods	Minerals	idated
		$	$	$	$	$
Segment revenues from external customers		153,313	134,521	287,834	34,545	322,379
Segment operating income		3,539	10,090	13,629	1,025	14,654
Corporate Services						(2,631)
Other income, net						1,141
Interest expense, net						(2,148)
Earnings from continuing operations
	before income taxes					11,016

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Other Expense (Income), Net (Narrative) (Details) (USD $)	3 Months Ended
	Apr. 04, 2015		Apr. 05, 2014
Business Acquisition [Line Items]
Acquisition-related transaction costs	$ 125,000	[1]	$ 0
Fair value of contingent consideration	0		1,373,000
Edner Of Nevada [Member]
Business Acquisition [Line Items]
Legal Settlements			$ 800,000

[1] Acquisition-related transaction costs For the quarter endedApril 4, 2015, the Company incurred transaction costs in connection with the acquisition of the Citrusource (see note 2).

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Business Acquisition (Citrusource, LLC - Contingent Consideration Transferred) (Details) (USD $)	3 Months Ended			2 Months Ended
	Apr. 04, 2015		Apr. 05, 2014	Mar. 02, 2015
Business Acquisition, Purchase Price Allocation, Assets Acquired (Liabilities Assumed), Net [Abstract]
Business Combination Preliminary Working Capital Adjustment	$ 265,000	[1]	$ 0
Business Combination Settlement of pre-existing relationship	(749,000)	[2]	0
Contingent Consideration			0
Citrusource, LLC [Member]
Business Acquisition [Line Items]
Business Acquisition, Effective Date of Acquisition				Mar. 02, 2015
Business Acquisition, Percentage of Voting Interests Acquired				100.00%
Business Acquisition, Name of Acquired Entity				Citrusource, LLC
Business Acquisition, Purchase Price Allocation, Assets Acquired (Liabilities Assumed), Net [Abstract]
Cash				13,300,000	[3]
Business Combination Preliminary Working Capital Adjustment				(265,000)	[4]
Business Combination Settlement of pre-existing relationship				749,000	[2]
Contingent Consideration				20,000,000	[5]
Total Consideration Transferred				$ 33,784,000

[1] The preliminary working capital adjustment is subject to change to the extent that the final determination of net working capital as at the acquisition date exceeds or is below a pre-determined target level.

[2] Prior to the date of acquisition, the Company had a pre-existing relationship to supply Citrusource with organic citrus raw materials. As at the acquisition date, the Company had accounts receivable owing from Citrusource of $749 related to product delivered prior to the acquisition date. No gain or loss was recognized by the Company on the effective settlement of this accounts receivable as at the acquisition date.

[3] Represents upfront cash consideration paid as at the acquisition date.

[4] The preliminary working capital adjustment is subject to change to the extent that the final determination of net working capital as at the acquisition date exceeds or is below a pre-determined target level.

[5] The contingent consideration arrangement with the former unitholders of Citrusource comprises two components: (i) deferred consideration calculated based on a seven-times multiple of the incremental growth in Citrusource’s earnings before interest, taxes, depreciation and amortization (“EBITDA”) in fiscal year 2015 versus EBITDA for fiscal year 2014; and (ii) an earn-out calculated based on 25% of the incremental growth in the sum of Citrusource’s EBITDA and the EBITDA of the Company’s San Bernardino, California, juice production facility (the “Combined EBITDA”) in each of fiscal years 2016, 2017 and 2018 versus the Combined EBITDA for fiscal year 2015. The Company estimates that the gross contingent consideration may be in the range of $17,000 to $23,000 in the aggregate, with no upper limit to the amount of each of the components. The fair value measurement of the contingent consideration arrangement was determined to be approximately $20,000 as at the acquisition date, based on a probability-weighted present value analysis, of which approximately $17,000 is related to the deferred consideration and approximately $3,000 is related to the earn-out. Of the total contingent consideration obligation, $4,500 is included in current portion of long-term liabilities and $15,500 is included in long-term liabilities on the consolidated balance sheet. The fair value of the contingent consideration arrangement is based on significant level 3 unobservable inputs, including the following factors: (i) estimated range of EBITDA values in each of the earn-out periods; and (ii) the probability-weighting applied to each of the EBITDA values within the estimated range for each earn-out period. The resultant probability-weighted EBITDA values for each earn-out period were discounted at a credit risk-adjusted discount rate of approximately 3.5%. The fair value of the contingent consideration arrangement is provisional and subject to change pending the final validation of the inputs and assumptions used in the valuation analysis.

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Business Acquisition (Citrusource, LLC - Preliminary Estimated Fair Value of Assets Acquired and Liabilities Assumed) (Details) (USD $)	Apr. 04, 2015	Jan. 03, 2015	Mar. 02, 2015
Business Acquisition [Line Items]
Goodwill	$ 45,500,000	$ 29,082,000
Citrusource, LLC [Member]
Business Acquisition [Line Items]
Accounts receivables			2,405,000	[1]
Inventories			1,745,000
Property, plant and equipment			164,000
Customer Relationships Intangible Assets			14,000,000	[2]
Accounts payable and accrued liabilities			(1,666,000)
Net Identifiable assets acquired			16,648,000
Goodwill			17,136,000	[3]
Net assets acquired			$ 33,784,000

[1] The Company considers the gross contractual accounts receivable balance of $2,405 to be fully collectible.

[2] The customer relationships intangible asset was recognized based on contracts in existence at the acquisition date between Citrusource and major U.S. retail customers. This intangible asset will be amortized over an estimated useful life of approximately 12 years. The estimated fair value of the intangible asset was determined using a discounted cash flow analysis (income approach), which applied a risk-adjusted discount rate of approximately 15.0%.

[3] Goodwill is calculated as the difference between the acquisition-date fair values of the consideration transferred and net assets acquired. The total amount of goodwill has been assigned to the Consumer Products operating segment and is expected to be fully deductible for tax purposes. The goodwill recognized is attributable to: (i) operating synergies expected to result from combining the operations of Citrusource with the Company’s vertically-integrated juice production and supply chain capabilities; and (ii) opportunities to leverage the business experience of Citrusource’s management team to grow the Company’s existing citrus beverage program.

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Description of Business and Significant Accounting Policies

3 Months Ended

Apr. 04, 2015

Basis Of Presentation Fiscal Year End And New Accounting Pronouncements Disclosure [Abstract]

Organization Consolidation And Presentation Of Financial Statements Disclosure [Text Block]

1. Description of Business and Significant Accounting Policies

SunOpta Inc. (the “Company” or “SunOpta”) was incorporated under the laws of Canada on November 13, 1973. The Company operates businesses focused on a healthy products portfolio that promotes sustainable well-being. The Company operates in two industry segments, the largest being SunOpta Foods, which consists of two reportable segments, Global Ingredients and Consumer Products, that operate in the natural, organic and specialty food sectors and utilize an integrated business model to bring cost-effective and quality products to market. In addition to SunOpta Foods, the Company owned approximately 66 % of Opta Minerals Inc. (“Opta Minerals”) as at April 4, 2015 and January 3, 2015, on a non-dilutive basis. Opta Minerals produces, distributes and recycles industrial minerals, silica-free abrasives and specialty sands.

Basis of Presentation

The interim consolidated financial statements of the Company have been prepared in accordance with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X promulgated under the Securities Exchange Act of 1934, as amended, and in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) for interim financial information. Accordingly, these condensed interim consolidated financial statements do not include all of the disclosures required by U.S. GAAP for annual financial statements. In the opinion of management, all adjustments considered necessary for fair presentation have been included and all such adjustments are of a normal, recurring nature. Operating results for the quarter endedApril 4, 2015 are not necessarily indicative of the results that may be expected for the full year ending January 2, 2016 or for any other period. The interim consolidated financial statements include the accounts of the Company and its subsidiaries, and have been prepared on a basis consistent with the annual consolidated financial statements for the year ended January 3, 2015. For further information, refer to the consolidated financial statements, and notes thereto, included in the Company’s Annual Report on Form 10-K for the fiscal year ended January 3, 2015.

Recent Accounting Pronouncements

In April 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2015-03, “Interest – Imputation of Interest – Simplifying the Presentation of Debt Issuance Costs”, which requires that debt issuance costs be presented as a deduction from the corresponding debt liability. The guidance, however, does not affect the recognition and measurement of debt issuance costs. The guidance is effective on a retrospective basis for annual and interim periods beginning on or after December 15, 2015. In accordance with the new standard, the Company will reclassify financingcosts recorded as deferred charges in other assets (current and long-term) on the consolidated balance sheets to bank indebtedness or long-term debt commencing with its annual consolidated financial statements for the year ended January 2, 2016. As at April 4, 2015, deferred financing costs recorded on the consolidated balance sheet amounted to $780.

In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers”, which will supersede existing revenue recognition guidance under U.S. GAAP. Under the new standard, a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. The guidance is effective for annual and interim periods beginning on or after December 15, 2016, and is to be applied on either a full retrospective or modified retrospective basis. Early adoption is not permitted. The Company is currently assessing the impact that this standard will have on its consolidated financial statements.

On April 29, 2015, the FASB issued a proposed ASU that would defer the effective date of the guidance in ASU 2014-09 by one year to annual and interim reporting periods beginning after December 15, 2017. Under the proposed ASU, earlier application would be permitted only as of annual and interim reporting periods beginning after December 15, 2016.

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Business Acquisition (Citrusource, LLC - Proforma Consolidated Results) (Details) (Citrusource, LLC [Member], USD $)	3 Months Ended
	Apr. 04, 2015	Apr. 05, 2014
Citrusource, LLC [Member]
Business Acquisition [Line Items]
Business Acquisition, Pro Forma Revenue	$ 307,812,000	$ 327,780,000
Business Acquisition, Pro Forma Net Income (Loss)	$ 5,822,000	$ 6,153,000
Business Acquisition, Pro Forma Earnings Per Share, Basic	$ 0.09	$ 0.09
Business Acquisition, Pro Forma Earnings Per Share, Diluted	$ 0.09	$ 0.09

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Bank Indebtedness and Long-Term Debt (Bank indebtedness Table) (Details) (USD $)	Apr. 04, 2015	Jan. 03, 2015
Line of Credit Facility [Line Items]
Line of Credit Facility, Amount Outstanding	$ 109,217,000	$ 91,410,000
U S Line Of Credit [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Amount Outstanding	16,332,000	6,263,000
European Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Amount Outstanding	78,619,000	72,191,000
Revolving Term Credit Facility [Member] | Opta Minerals Inc [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Amount Outstanding	$ 14,266,000	$ 12,956,000

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Consolidated Statements of Operations (USD $)	3 Months Ended
	Apr. 04, 2015	Apr. 05, 2014
Consolidated Statements of Operations
Revenues	$ 303,406,000	$ 322,379,000
Cost of goods sold	270,514,000	286,157,000
Gross profit	32,892,000	36,222,000
Selling, general and administrative expenses	23,670,000	23,399,000
Intangible asset amortization	1,130,000	1,123,000
Other income, net	34,000	(1,141,000)
Foreign exchange (gain) loss	(1,340,000)	(323,000)
Earnings from continuing operations before the following	9,398,000	13,164,000
Interest expense, net	1,823,000	2,148,000
Earnings (loss) from continuing operations before income taxes	7,575,000	11,016,000
Income Tax Expense (Benefit)	2,757,000	4,433,000
Earnings (loss) from continuing operations	4,818,000	6,583,000
Earnings (loss) from discontinued operations, net of income taxes	0	37,000
Earnings (loss)	4,818,000	6,620,000
Earnings (loss) attributable to non-controlling interests	(416,000)	(20,000)
Earnings (loss) attributable to SunOpta Inc.	$ 5,234,000	$ 6,640,000
Earnings (loss) per share - basic
from continuing operations	$ 0.08	$ 0.1
from discontinued operations	$ 0	$ 0
Earnings (loss) Per Share Total	$ 0.08	$ 0.1
Earnings (loss) per share - diluted
from continuing operations	$ 0.08	$ 0.1
from discontinued operations	$ 0	$ 0
Earnings (loss) Per Share Diluted Total	$ 0.08	$ 0.1

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Earnings Per Share (Narrative) (Details) (Employee Stock Option [Member])	3 Months Ended
	Apr. 04, 2015	Apr. 05, 2014
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	557,628

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Consolidated Statements of Shareholders' Equity (USD $)	Total	Common Stock [Member]	Additional Paid In Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income [Member]	Noncontrolling Interest [Member]
Balance at Dec. 28, 2013	$ 342,612,000	$ 186,376,000	$ 19,323,000	$ 116,208,000	$ 3,397,000	$ 17,308,000
Balance, shares at Dec. 28, 2013		66,528,000
Employee Stock Purchase Plan, Value	122,000	122,000	0	0	0	0
Employee Stock Purchase Plan, Shares		15,000
Exercise of options	543,000	818,000	(275,000)	0	0	0
Exercise of options, shares		124,000
Stock based compensation	831,000	0	831,000	0	0	0
Earnings (loss) from continuing operations	6,583,000	0	0	6,603,000	0	(20,000)
Earnings (loss) from discontinued operations	37,000	0	0	37,000	0	0
Currency translation adjustment	(132,000)	0	0	0	(211,000)	79,000
Change in fair value of interest rate swap, net of income taxes	(60,000)	0	0	0	(40,000)	(20,000)
Balance at Apr. 05, 2014	350,536,000	187,316,000	19,879,000	122,848,000	3,146,000	17,347,000
Balance, shares at Apr. 05, 2014		66,667,000
Balance at Jan. 03, 2015	353,328,000	190,668,000	22,490,000	129,309,000	(1,778,000)	12,639,000
Balance, shares at Jan. 03, 2015		67,074,000
Employee Stock Purchase Plan, Value	122,000	122,000	0	0	0	0
Employee Stock Purchase Plan, Shares		9,000
Exercise of options	1,494,000	2,273,000	(779,000)	0	0	0
Exercise of options, shares		394,000
Exercise of Warrants, Value	812,000	1,253,000	(441,000)	0	0	0
Exercise of Warrants, Shares		250,000
Stock based compensation	1,082,000	0	1,082,000	0	0	0
Earnings (loss) from continuing operations	4,818,000	0	0	5,234,000	0	(416,000)
Earnings (loss) from discontinued operations	0	0	0	0	0	0
Currency translation adjustment	(4,437,000)	0	0	0	(4,138,000)	(299,000)
Change in fair value of interest rate swap, net of income taxes	(196,000)	0	0	0	(129,000)	(67,000)
Balance at Apr. 04, 2015	$ 357,023,000	$ 194,316,000	$ 22,352,000	$ 134,543,000	$ (6,045,000)	$ 11,857,000
Balance, shares at Apr. 04, 2015		67,727,000

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Discontinued Operations (Operating results) (Details) (USD $)	3 Months Ended
	Apr. 04, 2015	Apr. 05, 2014
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Earnings (loss) from discontinued operations, net of taxes	$ 0	$ 37,000
Fiber And Starch Business [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenues from discontinued operations	0	11,148,000
Earning (loss) before tax	0	61,000
Provision for (recovery of) income taxes during phase out	0	(24,000)
Earnings (loss) from discontinued operations, net of taxes	$ 0	$ 37,000

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Derivative Financial Instruments and Fair Value Measurements (Tables)

3 Months Ended

Apr. 04, 2015

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

			April 4, 2015
			Fair value
			asset (liability)	Level 1	Level 2	Level 3
			$	$	$	$
(a)	Commodity futures and forward contracts(1)
		Unrealized short-term derivative asset	1,829	251	1,578	-
		Unrealized long-term derivative asset	17	-	17	-
		Unrealized short-term derivative liability	(2,183)	-	(2,183)	-
		Unrealized long-term derivative liability	(101)	-	(101)	-
(b)	Inventories carried at market(2)		7,043	-	7,043	-
(c)	Interest rate swaps(3)		(547)	-	(547)	-
(d)	Forward foreign currency contracts(4)		1,442	-	1,442	-
(e)	Contingent consideration(5)		(20,381)	-	-	(20,381)
(f)	Embedded derivative(6)		3,409	-	-	3,409
			January 3, 2015
			Fair value
			asset (liability)	Level 1	Level 2	Level 3
			$	$	$	$
(a)	Commodity futures and forward contracts(1)
		Unrealized short-term derivative asset	2,450	44	2,406	-
		Unrealized long-term derivative asset	50	-	50	-
		Unrealized short-term derivative liability	(2,951)	-	(2,951)	-
		Unrealized long-term derivative liability	(90)	-	(90)	-
(b)	Inventories carried at market(2)		7,713	-	7,713	-
(c)	Interest rate swaps(3)		(285)	-	(285)	-
(d)	Forward foreign currency contracts(4)		1,026	-	1,026	-
(e)	Contingent consideration(5)		(396)	-	-	(396)
(f)	Embedded derivative(6)		3,409	-	-	3,409

Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]

	Number of bushels purchased (sold)
	Corn	Soybeans
Forward commodity purchase contracts	1,216	1,573
Forward commodity sale contracts	(594)	(1,397)
Commodity futures contracts	(805)	(665)

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Derivative Financial Instruments and Fair Value Measurements (Narrative) (Details)	3 Months Ended									3 Months Ended		3 Months Ended		3 Months Ended							3 Months Ended
	Apr. 04, 2015 USD ($)	Apr. 05, 2014 USD ($)	Apr. 04, 2015 Enchi Corporation [Member] Convertible Subordinated Debt [Member] USD ($)	Apr. 04, 2015 Fair Value, Inputs, Level 3 [Member] Enchi Corporation [Member] USD ($)	Jan. 03, 2015 Fair Value, Inputs, Level 3 [Member] Enchi Corporation [Member] USD ($)	Apr. 04, 2015 Corn [Member] bu	Apr. 04, 2015 Soybean [Member] bu	Apr. 04, 2015 Future And Forward Contracts [Member] Cocoa [Member] lots	Apr. 04, 2015 Future And Forward Contracts [Member] Coffee [Member] lots	Apr. 04, 2015 Interest Rate Swap [Member] Opta Minerals Inc [Member] Fair Value, Inputs, Level 2 [Member]	Apr. 04, 2015 Interest Rate Swap [Member] Opta Minerals Inc [Member] Fair Value, Inputs, Level 2 [Member] CAD	Apr. 04, 2015 Interest Rate Swap [Member] Maximum [Member] Opta Minerals Inc [Member] Fair Value, Inputs, Level 2 [Member] London Interbank Offered Rate (LIBOR) [Member]	Apr. 05, 2014 Interest Rate Swap [Member] Maximum [Member] Opta Minerals Inc [Member] Fair Value, Inputs, Level 2 [Member] London Interbank Offered Rate (LIBOR) [Member]	Apr. 04, 2015 Interest Rate Swap [Member] Minimum [Member] Opta Minerals Inc [Member] Fair Value, Inputs, Level 2 [Member] London Interbank Offered Rate (LIBOR) [Member]	Apr. 04, 2015 Not Designated as Hedging Instrument [Member] Future And Forward Contracts [Member] Fair Value, Inputs, Level 2 [Member] USD ($)	Apr. 05, 2014 Not Designated as Hedging Instrument [Member] Future And Forward Contracts [Member] Fair Value, Inputs, Level 2 [Member] USD ($)	Apr. 04, 2015 Not Designated as Hedging Instrument [Member] Foreign Exchange Forward [Member] Fair Value, Inputs, Level 2 [Member] USD ($)	Apr. 05, 2014 Not Designated as Hedging Instrument [Member] Foreign Exchange Forward [Member] Fair Value, Inputs, Level 2 [Member] USD ($)	Apr. 04, 2015 Not Designated as Hedging Instrument [Member] Foreign Exchange Forward [Member] Fair Value, Inputs, Level 2 [Member] USD USD ($)	Apr. 04, 2015 Not Designated as Hedging Instrument [Member] Foreign Exchange Forward [Member] Fair Value, Inputs, Level 2 [Member] EUR EUR (€)	Apr. 04, 2015 Designated as Hedging Instrument [Member] Interest Rate Swap [Member] Opta Minerals Inc [Member] Fair Value, Inputs, Level 2 [Member] USD ($)	Apr. 05, 2014 Designated as Hedging Instrument [Member] Interest Rate Swap [Member] Opta Minerals Inc [Member] Fair Value, Inputs, Level 2 [Member] USD ($)
Derivative [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net															$ 103,000	$ (625,000)
Derivative, Nonmonetary Notional Amount								135	11
Inventories Carried At Market Unit						196,020	431,878
Derivative, Notional Amount											37,025,000								25,092,000	21,697,000
Derivative, Fixed Interest Rate													2.02%	1.85%
Debt Instrument, Basis Spread on Variable Rate												3.50%		2.00%
Derivative, Maturity Date										May 01, 2017
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, before Tax, Portion Attributable to Parent																					(262,000)	(78,000)
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Tax, Portion Attributable to Parent																					(66,000)	(18,000)
Unrealized Gain Loss On Foreign Currency Derivatives Net Before Tax																	416,000	284,000
Payments For Proceeds From Previous Acquisition	0	800,000
Investment, Embedded Accelarated Payment Option			5,100,000
Embedded Derivative, Fair Value of Embedded Derivative, Net				$ 3,409,000	$ 3,409,000

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Bank Indebtedness and Long-Term Debt (Tables)

3 Months Ended

Apr. 04, 2015

Short-term Debt [Abstract]

Schedule Of Line Of Credit Facilities And Long Term Debt [Table Text Block]

		April 4, 2015	January 3, 2015
		$	$
Bank indebtedness:
	North American credit facilities(1)	16,332	6,263
	European credit facilities(2)	78,619	72,191
	Opta Minerals revolving term credit facility(3)	14,266	12,956
		109,217	91,410
Long-term debt:
	Opta Minerals non-revolving term credit facility(3)	31,096	34,633
	Lease obligations	4,235	4,965
	Other	197	257
		35,528	39,855
Less: current portion		5,445	5,927
		30,083	33,928

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Consolidated Statements of Cash Flows (USD $)	3 Months Ended
	Apr. 04, 2015		Apr. 05, 2014
Operating Activities
Earnings (loss)	$ 4,818,000		$ 6,620,000
Earnings (loss) from discontinued operations	0		37,000
Earnings (loss) from continuing operations	4,818,000		6,583,000
Items not affecting cash
Depreciation and amortization	5,384,000		5,377,000
Deferred income taxes	(481,000)		404,000
Stock-based compensation	1,082,000		831,000
Unrealized Gain (Loss) on Derivatives Instrument	(103,000)		625,000
Fair Value of Contingent Consideration	0		(1,373,000)
Other	477,000		351,000
Changes in non-cash working capital, net of business acquired	(22,663,000)		(24,928,000)
Net cash flows from operations - continuing operations	(11,486,000)		(12,130,000)
Net cash flows from operations - discontinued operations	0		(466,000)
Net Cash Provided by (Used in) Operating Activities, Total	(11,486,000)		(12,596,000)
Investing activities
Acquisition of businesses, net of cash acquired	(13,300,000)		0
Purchases of property, plant and equipment	(5,651,000)		(3,574,000)
Payment of contingent consideration	0		(800,000)
Other	(122,000)		(37,000)
Net cash flows from investing activities - continuing operations	(19,073,000)		(4,411,000)
Net cash flows from investing activities - discontinued operations	0		466,000
Net cash flows from investing activities - continuing operations	(19,073,000)		(3,945,000)
Financing activities
Increase (decrease) under line of credit facilities	23,257,000		15,529,000
Borrowings under long term debt	0		60,000
Repayment of long-term debt	(1,415,000)		(1,571,000)
Proceeds from issuance of common shares	1,616,000		665,000
Proceeds From Warrant Exercises	812,000		0
Other	(137,000)		(98,000)
Net cash flows from financing activities - continuing operations	24,133,000		14,585,000
Foreign exchange gain (loss) on cash held in a foreign currency	(21,000)		56,000
Increase (decrease) in cash and cash equivalents during the period	(6,447,000)		(1,900,000)
Cash and cash equivalents - beginning of the period	9,938,000		8,537,000
Cash and cash equivalents - end of the period	3,491,000		6,637,000
Noncash Investing And Financing Items [Abstract]
Acquisition of business, working capital adjustment	265,000	[1]	0
Acquisition of business, settlement of pre-existing relationship	(749,000)	[2]	0
Acquistion of business, contingent consideration at fair value	$ (20,000,000)

[1] The preliminary working capital adjustment is subject to change to the extent that the final determination of net working capital as at the acquisition date exceeds or is below a pre-determined target level.

[2] Prior to the date of acquisition, the Company had a pre-existing relationship to supply Citrusource with organic citrus raw materials. As at the acquisition date, the Company had accounts receivable owing from Citrusource of $749 related to product delivered prior to the acquisition date. No gain or loss was recognized by the Company on the effective settlement of this accounts receivable as at the acquisition date.

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Consolidated Statements of Comprehensive Earnings (USD $)	3 Months Ended
	Apr. 04, 2015	Apr. 05, 2014
Consolidated Statements of Comprehensive Earnings
Earnings (loss) from continuing operations	$ 4,818,000	$ 6,583,000
Earnings (loss) from discontinued operations, net of income taxes	0	37,000
Earnings (loss)	4,818,000	6,620,000
Currency translation adjustment	(4,437,000)	(132,000)
Change in fair value of interest rate swap, net of income taxes	(196,000)	(60,000)
Other comprehensive earnings (loss), net of income taxes	(4,633,000)	(192,000)
Comprehensive earnings (loss)	185,000	6,428,000
Comprehensive earnings (loss) attributable to non-controlling interests	(782,000)	39,000
Comprehensive earnings (loss) attributable to SunOpta Inc	$ 967,000	$ 6,389,000

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Commitments and Contingencies

3 Months Ended

Apr. 04, 2015

Commitments And Contingencies Disclosure [Abstract]

Commitments And Contingencies Disclosure [Text Block]

10. Commitments and Contingencies

Plum Dispute

Plum, PBC, a Delaware public benefit corporation (“Plum”), and SunOpta Global Organic Ingredients, Inc., a wholly-owned subsidiary of the Company (“SGOI”), are parties to a manufacturing and packaging agreement dated September 21, 2011 (the “Plum Manufacturing Agreement”). Pursuant to the Plum Manufacturing Agreement, SGOI agreed to manufacture and package certain food items for Plum at SGOI’s Allentown, Pennsylvania facility in accordance with Plum’s specifications regarding, among other things, product ingredients and packaging, manufacturing process, and quality control standards. On November 8, 2013, Plum initiated a voluntary recall of certain products manufactured by SGOI at its Allentown facility. On February 3, 2015, Plum filed a complaint against SGOI in the Lehigh County Court of Common Pleas in Allentown, Pennsylvania. On April 13, 2015, Plum filed an amended complaint adding packaging manufacturer and supplier Cheer Pack North America as a Defendant. SGOI has asserted counterclaims against Plum and cross-claims against Cheer Pack. In the amended complaint, Plum alleges it initiated the recall in response to consumer complaints of spoiled packaging of certain products, which could lead to gastrointestinal symptoms and discomfort if consumed. Plum alleges in its amended complaint that the spoilage of its products resulted from a post-processing issue at SGOI’s Allentown facility. Plum is seeking unspecified damages equal to the direct costs of the recall and handling of undistributed product, incidental and consequential damages, lost profits and attorneys’ fees. The Company disputes the allegations made by Plum against SGOI in its amended complaint and intends to vigorously defend itself against these claims; however, the Company cannot reasonably predict the outcome of this claim, nor can it estimate the amount of loss, or range of loss, if any, that may result from this claim.

Other Claims

In addition, various claims and potential claims arising in the normal course of business are pending against the Company. It is the opinion of management that these claims or potential claims are without merit and the amount of potential liability, if any, to the Company is not determinable. Management believes the final determination of these claims or potential claims will not materially affect the financial position or results of the Company.

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Document and Entity Information	3 Months Ended
	Apr. 04, 2015	May 08, 2015
Document And Entity Information [Abstract]
Document Type	10-Q
Document Period End Date	Apr. 04, 2015
Amendment Flag	false
Document Fiscal Year Focus	2016
Document Fiscal Period Focus	Q1
Entity Registrant Name	SunOpta Inc.
Entity Central Index Key	0000351834
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Current Fiscal Year End Date	--01-02
Entity Filer Category	Large Accelerated Filer
Entity Well Known Seasoned Issuer	Yes
Trading Symbol	STKL
Entity Common Stock Shares Outstanding		67,785,470

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Segmented Information

3 Months Ended

Apr. 04, 2015

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

11. Segmented Information

In the fourth quarter of 2014, following the sale of the Fiber Business (see note 3), the Company implemented changes to its organizational structure to align and focus the operations of SunOpta Foods on two key “go-to-market” categories: ingredient sourcing and supply; and consumer-packaged products. Consequently, the Company realigned the operating segments of SunOpta Foods to reflect the resulting changes in management reporting and accountability to the Company’s Chief Executive Officer. The segment information presented below for the quarter endedApril 5, 2014 has been restated to reflect the realigned operating segments of SunOpta Foods. The Opta Minerals operating segment remained unchanged.

Effective with the realignment, the Company operates in the following three reportable segments:

• Global Ingredients aggregates the Company’s North American-based Raw Material Sourcing and Supply and European-based International Sourcing and Supply operating segments focused on the procurement and sale of specialty and organic grains and seeds, raw material ingredients, value-added grain- and cocoa-based ingredients, and organic commodities.
• Consumer Products manufactures and supplies branded and private label aseptic beverages; re-sealable pouch products; individually quick frozen (“IQF”) fruits and vegetables; fruit bases and toppings; premium juices; shelf stable juices and waters; and fruit- and grain-based snacks.
• Opta Minerals processes, distributes and recycles industrial minerals, silica-free abrasives, and specialty sands for use in the steel, foundry, loose abrasive cleaning, and municipal water filtration industries.

In addition, Corporate Services provides a variety of management, financial, information technology, treasury and administration services to each of the SunOpta Foods operating segments from the Company’s offices in Brampton, Ontario and Edina, Minnesota.

When reviewing the operating results of the Company’s operating segments, management uses segment revenues from external customers and segment operating income to assess performance and allocate resources. Segment operating income excludes other income or expense items and goodwill impairment losses. In addition, interest expense and income amounts, and provisions for income taxes are not allocated to operating segments.

		Quarter ended
		April 4, 2015
		Global	Consumer	SunOpta	Opta	Consol-
		Ingredients	Products	Foods	Minerals	idated
		$	$	$	$	$
Segment revenues from external customers		155,057	118,892	273,949	29,457	303,406
Segment operating income (loss)		8,981	2,560	11,541	(519)	11,022
Corporate Services						(1,590)
Other expense, net						(34)
Interest expense, net						(1,823)
Earnings from continuing operations
	before income taxes					7,575
		Quarter ended
		April 5, 2014
		Global	Consumer	SunOpta	Opta	Consol-
		Ingredients	Products	Foods	Minerals	idated
		$	$	$	$	$
Segment revenues from external customers		153,313	134,521	287,834	34,545	322,379
Segment operating income		3,539	10,090	13,629	1,025	14,654
Corporate Services						(2,631)
Other income, net						1,141
Interest expense, net						(2,148)
Earnings from continuing operations
	before income taxes					11,016

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Consolidated Balance Sheets (USD $)	Apr. 04, 2015	Jan. 03, 2015
Current assets
Cash and cash equivalents	$ 3,491,000	$ 9,938,000
Accounts receivable	128,277,000	125,896,000
Inventories	269,300,000	264,256,000
Prepaid expenses and other current assets	21,615,000	18,935,000
Current income taxes recoverable	2,497,000	2,233,000
Deferred income taxes	5,519,000	8,107,000
Assets, Current, Total	430,699,000	429,365,000
Property, Plant and Equipment	134,834,000	134,920,000
Goodwill	45,500,000	29,082,000
Intangible Assets	51,698,000	40,640,000
Deferred income taxes	3,699,000	2,061,000
Other assets	4,942,000	4,882,000
Assets, Total	671,372,000	640,950,000
Current liabilities
Bank indebtedness	109,217,000	91,410,000
Accounts payable and accrued liabilities	121,072,000	128,437,000
Customer and other deposits	8,313,000	4,127,000
Income taxes payable	1,603,000	3,090,000
Other current liabilities	2,163,000	3,087,000
Current portion of long-term debt	5,445,000	5,927,000
Current portion of long-term liabilities	4,816,000	250,000
Liabilities, Current, Total	252,629,000	236,328,000
Long-term debt	30,083,000	33,928,000
Long-term liabilities	17,664,000	1,962,000
Deferred income taxes	13,973,000	15,404,000
Liabilities, Total	314,349,000	287,622,000
Sunopta Inc Shareholders Equity [Abstract]
Common shares, no par value, unlimited shares authorized, 67,726,536 shares issued and outstanding (January 3, 2015 - 67,073,944)	194,316,000	190,668,000
Additional paid in capital	22,352,000	22,490,000
Retained earnings	134,543,000	129,309,000
Accumulated other comprehensive income	(6,045,000)	(1,778,000)
Stockholders' Equity Attributable to Parent, Total	345,166,000	340,689,000
Non-controlling interest	11,857,000	12,639,000
Total Equity	357,023,000	353,328,000
Liabilities and Equity, Total	671,372,000	640,950,000
Commitments and contingencies

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Inventories

3 Months Ended

Apr. 04, 2015

Inventory Disclosure [Abstract]

Inventory Disclosure [Text Block]

5. Inventories

	April 4, 2015	January 3, 2015
	$	$
Raw materials and work-in-process	189,829	189,192
Finished goods	66,971	66,142
Company-owned grain	18,218	15,066
Inventory reserves	(5,718)	(6,144)
	269,300	264,256

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Derivative Financial Instruments and Fair Value Measurements

3 Months Ended

Apr. 04, 2015

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Derivatives and Fair Value [Text Block]

4. Derivative Financial Instruments and Fair Value Measurements

The following table presents for each of the fair value hierarchies, the assets and liabilities that are measured at fair value on a recurring basis as of April 4, 2015 and January 3, 2015:

			April 4, 2015
			Fair value
			asset (liability)	Level 1	Level 2	Level 3
			$	$	$	$
(a)	Commodity futures and forward contracts(1)
		Unrealized short-term derivative asset	1,829	251	1,578	-
		Unrealized long-term derivative asset	17	-	17	-
		Unrealized short-term derivative liability	(2,183)	-	(2,183)	-
		Unrealized long-term derivative liability	(101)	-	(101)	-
(b)	Inventories carried at market(2)		7,043	-	7,043	-
(c)	Interest rate swaps(3)		(547)	-	(547)	-
(d)	Forward foreign currency contracts(4)		1,442	-	1,442	-
(e)	Contingent consideration(5)		(20,381)	-	-	(20,381)
(f)	Embedded derivative(6)		3,409	-	-	3,409
			January 3, 2015
			Fair value
			asset (liability)	Level 1	Level 2	Level 3
			$	$	$	$
(a)	Commodity futures and forward contracts(1)
		Unrealized short-term derivative asset	2,450	44	2,406	-
		Unrealized long-term derivative asset	50	-	50	-
		Unrealized short-term derivative liability	(2,951)	-	(2,951)	-
		Unrealized long-term derivative liability	(90)	-	(90)	-
(b)	Inventories carried at market(2)		7,713	-	7,713	-
(c)	Interest rate swaps(3)		(285)	-	(285)	-
(d)	Forward foreign currency contracts(4)		1,026	-	1,026	-
(e)	Contingent consideration(5)		(396)	-	-	(396)
(f)	Embedded derivative(6)		3,409	-	-	3,409

(1)Unrealized short-term derivative asset is included in prepaid expenses and other current assets, unrealized long-term derivative asset is included in other assets, unrealized short-term derivative liability is included in other current liabilities and unrealized long-term derivative liability is included in long-term liabilities on the consolidated balance sheets.

(2)Inventories carried at market are included in inventories on the consolidated balance sheets.

(3)The interest rate swaps are included in long-term liabilities on the consolidated balance sheets.

(4)The forward foreign currency contracts are included in accounts receivable or accounts payable and accrued liabilitieson the consolidated balance sheets.

(5)Contingent consideration obligations are included in long-term liabilities (including the current portion thereof) on the consolidated balance sheets.

(6)The embedded derivative is included in other assets (long-term) on the consolidated balance sheets.

(a) Commodity futures and forward contracts

The Company’s derivative contracts that are measured at fair value include exchange-traded commodity futures and forward commodity purchase and sale contracts. Exchange-traded futures are valued based on unadjusted quotes for identical assets priced in active markets and are classified as level 1. Fair value for forward commodity purchase and sale contracts is estimated based on exchange-quoted prices adjusted for differences in local markets. Local market adjustments use observable inputs or market transactions for similar assets or liabilities, and, as a result, are classified as level 2. Based on historical experience with the Company’s suppliers and customers, the Company’s own credit risk, and the Company’s knowledge of current market conditions, the Company does not view non-performance risk to be a significant input to fair value for the majority of its forward commodity purchase and sale contracts.

These exchange-traded commodity futures and forward commodity purchase and sale contracts are used as part of the Company’s risk management strategy, and represent economic hedges to limit risk related to fluctuations in the price of certain commodity grains, as well as the prices of cocoa and coffee. These derivative instruments are not designated as hedges for accounting purposes. Gains and losses on changes in fair value of these derivative instruments are included in cost of goods sold on the consolidated statement of operations. For the quarter ended April 4, 2015, the Company recognized a gain of $103 (April 5, 2014 – loss of $625) related to changes in the fair value of these derivatives.

As at April 4, 2015, the notional amounts of open commodity futures and forward purchase and sale contracts were as follows (in thousands of bushels):

	Number of bushels purchased (sold)
	Corn	Soybeans
Forward commodity purchase contracts	1,216	1,573
Forward commodity sale contracts	(594)	(1,397)
Commodity futures contracts	(805)	(665)

In addition, as at April 4, 2015, the Company had open forward contracts to sell 135 lots of cocoa and 11 lots of coffee.

(b) Inventories carried at market

Grains inventory carried at fair value is determined using quoted market prices from the Chicago Board of Trade (“CBoT”). Estimated fair market values for grains inventory quantities at period end are valued using the quoted price on the CBoT adjusted for differences in local markets, and broker or dealer quotes. These assets are placed in level 2 of the fair value hierarchy, as there are observable quoted prices for similar assets in active markets. Gains and losses on commodity grains inventory are included in cost of goods sold on the consolidated statements of operations. As at April 4, 2015, the Company had 196,020 bushels of commodity corn and 431,878 bushels of commodity soybeans in inventories carried at market.

(c) Interest rate swaps

As at April 4, 2015, Opta Minerals held interest rate swaps with a notional value of Cdn $ 37,025 to pay fixed rates of 1.85% to 2.02%, plus a margin of 2.0% to 3.5% based on certain financial ratios of Opta Minerals, and receive a variable rate based on various reference rates including prime, bankers’ acceptances or LIBOR, plus the same margin, until May 2017. The net notional value decreases in accordance with the quarterly principal repayments on Opta Minerals’ non-revolving term credit facility (see note 6).

At each period end, the Company calculates the marked-to-market fair value of the interest rate swaps using a valuation technique using quoted observable prices for similar instruments as the primary input. Based on this valuation, the previously recorded fair value is adjusted to the current marked-to-market position. The marked-to-market gain or loss is placed in level 2 of the fair value hierarchy. As the interest rate swaps are designated as a cash flow hedge for accounting purposes, gains and losses on changes in the fair value of these derivative instruments are included on the consolidated statements of comprehensive earnings. For the quarter ended April 4, 2015, a loss of $262 (April 5, 2014 – loss of $78), net of income tax benefit of $66 (April 5, 2014 – income tax benefit of $18) related to changes in the fair value of these derivatives.

(d) Foreign forward currency contracts

As part of its risk management strategy, the Company enters into forward foreign exchange contracts to reduce its exposure to fluctuations in foreign currency exchange rates. For any open forward foreign exchange contracts at period end, the contract rate is compared to the forward rate, and a gain or loss is recorded. These contracts are placed in level 2 of the fair value hierarchy, as the inputs used in making the fair value determination are derived from and are corroborated by observable market data. While these forward foreign exchange contracts typically represent economic hedges that are not designated as hedging instruments, certain of these contracts may be designated as hedges. As at April 4, 2015 the Company had open forward foreign exchange contracts with a notional value of € 21,697 ($ 25,092 ). Gains and losses on changes in the fair value of these derivative instruments are included in foreign exchange loss or gain on the consolidated statement of operations. For the quarter ended April 4, 2015, the Company recognized a gain of $ 416 (April 5, 2014 – gain of $284) related to changes in the fair value of these derivatives.

(e) Contingent consideration

The fair value measurement of contingent consideration arising from business acquisitions is determined using unobservable (level 3) inputs. These inputs include: (i) the estimated amount and timing of the projected cash flows on which the contingency is based; and (ii) the risk-adjusted discount rate used to present value those cash flows. For the quarter endedApril 4, 2015, the change in the fair value of the contingent consideration obligation reflected the acquisition of Citrusource (see note 2). As at April 4, 2015, there was no significant change to the outcome of the fair value of Citrusource contingent consideration arrangement as measured at the acquisition date.

(f) Embedded derivative

The Company’s investment in subordinated convertible notes of Enchi includes the value of an accelerated payment option embedded in the notes, which may result in a maximum payout to the Company of $5,100. As at April 4, 2015 and January 3, 2015, the Company determined that the fair value of this embedded derivative was $3,409. Due to a lack of level 1 or level 2 observable market quotes for the notes, the Company used a discounted cash flow analysis (income approach) to estimate the original fair value of the embedded derivative based on unobservable level 3 inputs. The Company assesses changes in the fair value of the embedded derivative based on the performance of actual cash flows derived from certain royalty rights owned by Enchi, which are expected to be the primary source of funds available to settle the embedded derivative, relative to the financial forecasts used in the valuation analysis. As at April 4, 2015, there was no significant change to the expectations related to the royalty rights that would impact the fair value of the embedded derivative.

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Inventories (Tables)

3 Months Ended

Apr. 04, 2015

Inventory Disclosure [Abstract]

Schedule of Inventory, Current [Table Text Block]

	April 4, 2015	January 3, 2015
	$	$
Raw materials and work-in-process	189,829	189,192
Finished goods	66,971	66,142
Company-owned grain	18,218	15,066
Inventory reserves	(5,718)	(6,144)
	269,300	264,256

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Accounting Policies (Policy)

3 Months Ended

Apr. 04, 2015

Accounting Policies [Abstract]

Basis of Accounting [Text Block]

The interim consolidated financial statements of the Company have been prepared in accordance with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X promulgated under the Securities Exchange Act of 1934, as amended, and in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) for interim financial information. Accordingly, these condensed interim consolidated financial statements do not include all of the disclosures required by U.S. GAAP for annual financial statements. In the opinion of management, all adjustments considered necessary for fair presentation have been included and all such adjustments are of a normal, recurring nature. Operating results for the quarter endedApril 4, 2015 are not necessarily indicative of the results that may be expected for the full year ending January 2, 2016 or for any other period. The interim consolidated financial statements include the accounts of the Company and its subsidiaries, and have been prepared on a basis consistent with the annual consolidated financial statements for the year ended January 3, 2015. For further information, refer to the consolidated financial statements, and notes thereto, included in the Company’s Annual Report on Form 10-K for the fiscal year ended January 3, 2015.

New Accounting Pronouncements Policy [Policy Text Block]

Recent Accounting Pronouncements

In April 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2015-03, “Interest – Imputation of Interest – Simplifying the Presentation of Debt Issuance Costs”, which requires that debt issuance costs be presented as a deduction from the corresponding debt liability. The guidance, however, does not affect the recognition and measurement of debt issuance costs. The guidance is effective on a retrospective basis for annual and interim periods beginning on or after December 15, 2015. In accordance with the new standard, the Company will reclassify financingcosts recorded as deferred charges in other assets (current and long-term) on the consolidated balance sheets to bank indebtedness or long-term debt commencing with its annual consolidated financial statements for the year ended January 2, 2016. As at April 4, 2015, deferred financing costs recorded on the consolidated balance sheet amounted to $780.

In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers”, which will supersede existing revenue recognition guidance under U.S. GAAP. Under the new standard, a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. The guidance is effective for annual and interim periods beginning on or after December 15, 2016, and is to be applied on either a full retrospective or modified retrospective basis. Early adoption is not permitted. The Company is currently assessing the impact that this standard will have on its consolidated financial statements.

On April 29, 2015, the FASB issued a proposed ASU that would defer the effective date of the guidance in ASU 2014-09 by one year to annual and interim reporting periods beginning after December 15, 2017. Under the proposed ASU, earlier application would be permitted only as of annual and interim reporting periods beginning after December 15, 2016.

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Earnings Per Share

3 Months Ended

Apr. 04, 2015

Earnings Per Share Abstract

Earnings Per Share [Text Block]

Earnings (loss) per share are calculated as follows:

			Quarter ended
		April 4, 2015		April 5, 2014
Earnings from continuing operations
	attributable to SunOpta Inc.	$	5,234	$	6,603
Earnings from discontinued operations,
	net of income taxes		-		37
Earnings attributable to SunOpta Inc.		$	5,234	$	6,640
Basic weighted-average number of
	shares outstanding		67,399,642		66,572,936
Dilutive potential of the following:
	Employee/director stock options and RSUs		548,747		1,544,245
	Warrants		319,777		467,826
Diluted weighted-average number of
	shares outstanding		68,268,166		68,585,007
Earnings per share - basic:
	- from continuing operations	$	0.08	$	0.10
	- from discontinued operations		-		-
		$	0.08	$	0.10
Earnings per share - diluted:
	- from continuing operations	$	0.08	$	0.10
	- from discontinued operations		-		-
		$	0.08	$	0.10

For the quarter endedApril 4, 2015, stock options to purchase 557,628 (April 5, 2014 - nil) common shares were excluded from the calculation of potential dilutive common shares due to their anti-dilutive effect.

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Bank Indebtedness and Long-Term Debt

3 Months Ended

Apr. 04, 2015

Debt Disclosure [Abstract]

Bank Indebtedness And Long Term Debt [Text Block]

6. Bank Indebtedness and Long-Term Debt

		April 4, 2015	January 3, 2015
		$	$
Bank indebtedness:
	North American credit facilities(1)	16,332	6,263
	European credit facilities(2)	78,619	72,191
	Opta Minerals revolving term credit facility(3)	14,266	12,956
		109,217	91,410
Long-term debt:
	Opta Minerals non-revolving term credit facility(3)	31,096	34,633
	Lease obligations	4,235	4,965
	Other	197	257
		35,528	39,855
Less: current portion		5,445	5,927
		30,083	33,928

(1) North American credit facilities

The syndicated North American credit facilities support the core North American food operations of the Company.

On July 27, 2012, the Company entered into an amended and restated credit agreement with a syndicate of lenders. The amended agreement provides secured revolving credit facilities of Cdn $ 10,000 (or the equivalent U.S. dollar amount) and $ 165,000 , as well as an additional $ 50,000 in availability upon the exercise of an uncommitted accordion feature. These facilities mature on July 27, 2016, with the outstanding principal amount repayable in full on the maturity date.

Interest on borrowings under the facilities accrues based on various reference rates including LIBOR, plus an applicable margin of 1.75% to 2.50%, which is set quarterly based on average borrowing availability. As at April 4, 2015, the weighted-average interest rate on the facilities was 2.02%.

The facilities are collateralized by substantially all of the assets of the Company and its subsidiaries, excluding Opta Minerals and The Organic Corporation (“TOC”).

(2) European credit facilities

The European credit facilities support the international sourcing and supply operations of the Global Ingredients reportable segment.

On October 14, 2014, TOC and certain of the Company’s other subsidiaries (collectively, the “Borrowers”) entered into a multipurpose facilities agreement with a syndicate of lenders (collectively, the “Lenders”), which provides for a total of €92,500 in financing via four main facilities: (i) an €80,000 revolving credit facility covering working capital needs; (ii) a €5,000 facility covering commodity hedging requirements; (iii) a €5,000 facility designated for letters of credit; and (iv) a €2,500 pre-settlement facility covering currency hedging requirements (collectively, the “Club Facility”).

The €80,000 revolving credit facility is secured by the working capital of the Borrowers. The Club Facility is due on demand with no set maturity date. Interest costs under the Club Facility accrue based on the aggregate of: (i) a fixed loan margin of 1.75%; and (ii) a variable rate based on LIBOR or EURIBOR plus an applicable spread as set by the Lenders on a periodic basis. As at April 4, 2015 and January 3, 2015, €70,832 ($77,059) and €58,205 ($69,869), respectively, of this facility had been utilized.

On April 27, 2015, a subsidiary of TOC amended its revolving credit facility agreement dated May 22, 2013, to provide up to €4,500 to cover the working capital needs of TOC’s Bulgarian operations. The facility is secured by the accounts receivable and inventories of the Bulgarian operations and is fully guaranteed by TOC. Interest accrues under the facility based on EURIBOR plus a margin of 2.75%, and borrowings under the facility are repayable in full on April 30, 2016. As of April 4, 2015 andJanuary 3, 2015, €1,487 ($1,618) and €1,934 ($2,322), respectively, was borrowed under this facility.

As at April 4, 2015, the weighted-average interest rate on the European credit facilities was 2.29%.

(3) Opta Minerals credit facilities

These credit facilities are specific to the operations of Opta Minerals.

On May 8, 2014, Opta Minerals amended and extended its credit agreement dated May 18, 2012, which provides for a Cdn $ 20,000 revolving term credit facility and a Cdn $ 52,500 non-revolving term credit facility. The revolving term credit facility now matures on August 14, 2015, with the outstanding principal amount repayable in full on the maturity date. The principal amount of the non-revolving term credit facility is repayable in equal quarterly installments of approximately Cdn $ 1,312 . Opta Minerals may be required to make additional repayments on the non-revolving term credit facility if certain financial covenants are not met. The non-revolving term credit facility matures on May 18, 2017, with the remaining outstanding principal amount repayable in full on the maturity date.

Interest on the borrowings under these facilities accrues at the borrower’s option based on various reference rates including LIBOR, plus an applicable margin of 2.00% to 5.50% based on certain financial ratios of Opta Minerals.Opta Minerals utilizes interest rate swaps to hedge the interest payments on a portion of the borrowings under the non-revolving term credit facility (see note 4). As at March 31, 2015, the weighted-average interest rate on the credit facilities was 6.40%, after taking into account the related interest rate hedging activities.

The credit facilities are collateralized by a first priority security interest on substantially all of the assets of Opta Minerals, and are without recourse to SunOpta Inc.

On May 8, 2014, certain financial covenants under the Opta Minerals credit agreement were amended for the quarterly periods ending June 30, 2014 through September 30, 2015. Opta Minerals was in compliance with all its financial covenants as at March 31, 2015; however, there is no assurance that it will remain in compliance with certain financial covenants at all measurement dates within the next 12 months. Failure to meet a financial covenant would constitute an event of default under its credit agreement, unless the lenders agree to a waiver or further amendment.

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Other Expense (Income), Net

3 Months Ended

Apr. 04, 2015

Other Income And Expenses [Abstract]

Other Income And Other Expense Disclosure [Text Block]

7. Other Expense (Income), Net

The components of other expense (income) are as follows:

	Quarter ended
	April 4, 2015	April 5, 2014
	$	$
Acquisition-related transaction costs(1)	125	-
Fair value of contingent consideration(2)	-	(1,373)
Severance and other rationalization costs	-	159
Other	(91)	73
	34	(1,141)

(1) Acquisition-related transaction costs

For the quarter endedApril 4, 2015, the Company incurred transaction costs in connection with the acquisition of the Citrusource (see note 2).

(2)Fair value of contingent consideration

For the quarter ended April 5, 2014, the Company recorded a gain of $1,373 in connection with the settlement of the remaining earn-out related to the acquisition of Ednerof Nevada, Inc. (“Edner”) on December 14, 2010. In addition, the Company made a payment of $800 to the former owners of Edner in connection with this settlement.

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Supplemental Cash Flow Information

3 Months Ended

Apr. 04, 2015

Supplemental Cash Flow Elements [Abstract]

Cash Flow Supplemental Disclosures [Text Block]

9. Supplemental Cash Flow Information

			Quarter ended
			April 4, 2015	April 5, 2014
			$	$
Changes in non-cash working capital, net of
	businesses acquired:
		Accounts receivable	(2,300)	(23,285)
		Inventories	(10,015)	4,659
		Income tax recoverable	(1,751)	3,343
		Prepaid expenses and other current assets	(6,298)	(1,672)
		Accounts payable and accrued liabilities	(6,545)	(12,258)
		Customer and other deposits	4,246	4,285
			(22,663)	(24,928)

As at April 4, 2015, cash and cash equivalents included $ 2,083 (January 3, 2015 - $ 2,170 ) that was specific to Opta Minerals and cannot be utilized by the Company for general corporate purposes.

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Discontinued Operations (Narrative) (Details) (Fiber And Starch Business [Member], USD $)	3 Months Ended	12 Months Ended
	Jan. 03, 2015	Dec. 22, 2014
Fiber And Starch Business [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Significant Acquisitions and Disposals, Date of Transaction for Acquisition or Disposal		Dec. 22, 2014
Disposal Group, Including Discontinued Operation, Consideration		$ 37,500,000
Gain on sale of discontinued operations, net of income taxes	$ 1,898,000

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Discontinued Operations (Tables)

3 Months Ended

Apr. 04, 2015

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

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

The following table presents the operating results of Fiber Business reported in earnings from discontinued operations:

		Quarter ended
		April 4, 2015	April 5, 2014
		$	$
Revenues		-	11,148
Earnings before income taxes		-	61
Provision for income taxes		-	(24)
Earnings from discontinued operations,
	net of income taxes	-	37

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Earnings Per Share (Tables)

3 Months Ended

Apr. 04, 2015

Earnings Per Share Abstract

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

			Quarter ended
		April 4, 2015		April 5, 2014
Earnings from continuing operations
	attributable to SunOpta Inc.	$	5,234	$	6,603
Earnings from discontinued operations,
	net of income taxes		-		37
Earnings attributable to SunOpta Inc.		$	5,234	$	6,640
Basic weighted-average number of
	shares outstanding		67,399,642		66,572,936
Dilutive potential of the following:
	Employee/director stock options and RSUs		548,747		1,544,245
	Warrants		319,777		467,826
Diluted weighted-average number of
	shares outstanding		68,268,166		68,585,007
Earnings per share - basic:
	- from continuing operations	$	0.08	$	0.10
	- from discontinued operations		-		-
		$	0.08	$	0.10
Earnings per share - diluted:
	- from continuing operations	$	0.08	$	0.10
	- from discontinued operations		-		-
		$	0.08	$	0.10

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Commitments and Contingencies (Narrative) (Details) (Plum [Member], SunOpta Global Organic Ingredients, Inc [Member])	3 Months Ended
	Apr. 04, 2015
Plum [Member] | SunOpta Global Organic Ingredients, Inc [Member]
Loss Contingencies [Line Items]
Business Contracts, Manufacturing Contract Date	Sep. 21, 2011
Inventory Recall Date	Nov. 08, 2013
Loss Contingency, Lawsuit Filing Date	3-Feb-15
Loss Contingency, Name of Defendant	SunOpta Global Organic Ingredients, Inc
Loss Contingency, Name of Plaintiff	Plum, PBC, a Delaware public benefit corporation (“Plum”)
Loss Contingency, Amended Lawsuit Filing Date	Apr. 13, 2015
Loss Contingency Allegations	Plum filed an amended complaint adding packaging manufacturer and supplier Cheer Pack North America as a Defendant. In the amended complaint, Plum alleges it initiated the recall in response to consumer complaints of spoiled packaging of certain products, which could lead to gastrointestinal symptoms and discomfort if consumed. Plum alleges in its amended complaint that the spoilage of its products resulted from a post-processing issue at SGOI’s Allentown facility.
Loss Contingency Actions Taken By Defendant	SGOI has asserted counterclaims against Plum and cross-claims against Cheer Pack.
Loss Contingency Damages Sought	Plum is seeking unspecified damages equal to the direct costs of the recall and handling of undistributed product, incidental and consequential damages, lost profits and attorneys’ fees.

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Bank Indebtedness and Long-Term Debt (Long term debt table) (Details) (USD $)	Apr. 04, 2015	Jan. 03, 2015
Debt Instrument [Line Items]
Capital Lease Obligations	$ 4,235,000	$ 4,965,000
Other Long-term Debt	197,000	257,000
Total Long-term and Current Term Debt	35,528,000	39,855,000
Current portion of long-term debt	5,445,000	5,927,000
Long-term Debt, Excluding Current Maturities, Total	30,083,000	33,928,000
Non Revolving Term Credit Facility [Member] | Opta Minerals Inc [Member]
Debt Instrument [Line Items]
Secured Debt	$ 31,096,000	$ 34,633,000

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Consolidated Balance Sheet (parentheticals) (USD $)	Apr. 04, 2015	Jan. 03, 2015
Consolidated Balance Sheet
Common Stock Shares Issued	67,726,536	67,073,944
Common Stock, Shares Authorized	67,726,536	67,073,944
Common Stock, No Par Value

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Discontinued Operations

3 Months Ended

Apr. 04, 2015

Discontinued Operations And Disposal Groups [Abstract]

Disposal Groups Including Discontinued Operations Disclosure [Text Block]

3. Discontinued Operations

Fiber and Starch Business

On December 22, 2014, the Company completed the sale of the Fiber Business for $37,500, subject to certain closing adjustments. The Fiber Business included five facilities located in Louisville, Kentucky, Cedar Rapids, Iowa, Cambridge, Minnesota, Fosston, Minnesota, and Galesburg, Illinois. The Fiber Business was formerly part of the former Value Added Ingredients operating segment. The Company continues to operate both its integrated grain- and fruit-based ingredient businesses, which were not part of the sale, and which previously formed the remainder of the former Value Added Ingredients operating segment. The Company recognized a gain on sale of the Fiber Business in discontinued operations, net of income taxes, of $1,898 in the fourth quarter of 2014.

Operating Results Reported in Discontinued Operations

The following table presents the operating results of Fiber Business reported in earnings from discontinued operations:

		Quarter ended
		April 4, 2015	April 5, 2014
		$	$
Revenues		-	11,148
Earnings before income taxes		-	61
Provision for income taxes		-	(24)
Earnings from discontinued operations,
	net of income taxes	-	37

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Supplemental Cash Flow Information (Tables)

3 Months Ended

Apr. 04, 2015

Supplemental Cash Flow Elements [Abstract]

Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]

			Quarter ended
			April 4, 2015	April 5, 2014
			$	$
Changes in non-cash working capital, net of
	businesses acquired:
		Accounts receivable	(2,300)	(23,285)
		Inventories	(10,015)	4,659
		Income tax recoverable	(1,751)	3,343
		Prepaid expenses and other current assets	(6,298)	(1,672)
		Accounts payable and accrued liabilities	(6,545)	(12,258)
		Customer and other deposits	4,246	4,285
			(22,663)	(24,928)

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Derivative Financial Instruments and Fair Value Measurements (Notional Amounts) (Details) (Not Designated as Hedging Instrument [Member])	Apr. 04, 2015 bu
Future And Forward Purchase Contracts [Member] | Corn [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	1,216,000
Future And Forward Purchase Contracts [Member] | Soybean [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	1,573,000
Future And Forward Sale Contracts [Member] | Corn [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	(594,000)
Future And Forward Sale Contracts [Member] | Soybean [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	(1,397,000)
Future [Member] | Corn [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	(805,000)
Future [Member] | Soybean [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	(665,000)

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Business Acquisition (Tables)

3 Months Ended

Apr. 04, 2015

Business Acquisition [Line Items]

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

The following table summarizes the preliminary fair values of the consideration transferred as at the acquisition date:

	$
Cash(1)	13,300
Preliminary working capital adjustment(2)	(265)
Settlement of pre-existing relationship(3)	749
Contingent consideration(4)	20,000
Total consideration transferred	33,784

The following table summarizes the preliminary estimated fair values of the assets acquired and liabilities assumed as at the acquisition date.

	$
Accounts receivable(1)	2,405
Inventories	1,745
Equipment	164
Customer relationships intangible asset(2)	14,000
Accounts payable and accrued liabilities	(1,666)
Net identifiable assets acquired	16,648
Goodwill(3)	17,136
Net assets acquired	33,784

Business Acquisition, Pro Forma Information [Table Text Block]

The following table presents unaudited proforma consolidated results of operations for the quarters ended April 4, 2015 and April 5, 2014, as if the acquisition Citrusourcehadoccurred as of December 29, 2013.

		Quarter ended
		April 4, 2015	April 5, 2014
		$	$
Pro forma revenues		307,812	327,780
Pro forma earnings attributable to SunOpta Inc.		5,822	6,153
Pro forma earnings per share
	Basic	0.09	0.09
	Diluted	0.09	0.09