Discontinued operations

12 Months Ended

Dec. 30, 2017

Discontinued Operations And Disposal Groups [Abstract]

Disposal Groups Including Discontinued Operations Disclosure Text Block

5. Discontinued Operation

On April 6, 2016, the Company completed the sale of its 66% holding of common shares of Opta Minerals Inc. (“Opta Minerals”) to Speyside Equity Fund I LP for aggregate gross proceeds of $4.8 million (C$6.2 million), of which $3.2 million (C$4.2 million) was received in cash, and $1.5 million (C$2.0 million) was received in the form of a subordinated promissory note bearing interest at 2.0% per annum that will mature on October 6, 2018. The sale of Company’s equity interest in Opta Minerals was consistent with its objective of divesting its non-core assets in order to become a pure-play organic and healthy foods company. The Company has no continuing involvement with Opta Minerals.

The following table reconciles the major components of the results of discontinued operations to the amounts reported in the consolidated statement of operations:

	December 31, 2016	January 2, 2016
	$	$
Revenues	24,896	113,805
Cost of goods sold	(22,133)	(99,256)
Selling, general and administrative expenses	(3,024)	(11,170)
Intangible asset amortization	-	(1,987)
Other expense, net(1)	(794)	(15,097)
Foreign exchange gain (loss)	(454)	717
Interest expense	(484)	(4,389)
Loss before income taxes	(1,993)	(17,377)
Gain (loss) on classification as held for sale before income taxes	560	(10,515)
Total pre-tax loss from discontinued operations	(1,433)	(27,892)
Recovery of (provision for) income taxes	599	(402)
Loss from discontinued operations	(834)	(28,294)
Loss from discontinued operations attributable to non-controlling interest	264	8,819
Loss from discontinued operations attributable to SunOpta Inc.	(570)	(19,475)

(1) For the years ended December 31, 2016 and January 2, 2016, other expense, net includes charges related to the impairment of long-lived assets of Opta Minerals of $0.4 million and $12.4 million, respectively.