Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2023

Divestiture of Frozen Fruit [Member]

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

Schedule of discontinued operations, assets and liabilities held for sale [Table Text Block]

	September 30, 2023		December 31, 2022
	$		$
Assets
Accounts receivable	16,644		15,358
Inventories	111,891		132,608
Other current assets	764		153
Property, plant and equipment, net	24,851		30,085
Operating lease right-of-use assets	715		3,803
Intangible assets, net	106,000		112,000
Loss on divestiture	(118,795	)	-
Total assets held for sale	142,070		294,007
Liabilities
Accounts payable and accrued liabilities	15,375		12,632
Operating lease liabilities	3,503		3,803
Total liabilities held for sale	18,878		16,435

	Quarter ended				Three quarters ended
	September 30, 2023		October 1, 2022		September 30, 2023		October 1, 2022
	$		$		$		$
Revenues	58,614		85,642		194,171		281,764
Cost of goods sold(1)	68,760		79,391		202,443		263,041
Selling, general and administrative expenses(2)	2,370		2,788		7,347		8,304
Intangible asset amortization	2,000		2,166		6,000		6,498
Other expense (income), net(3)	5,885		(3,478	)	5,713		(2,608	)
Foreign exchange loss (gain)	912		696		(3,757	)	82
Interest expense(4)	840		441		1,392		1,160
Earnings (loss) before loss on divestiture	(22,153	)	3,638		(24,967	)	5,287
Loss on divestiture(5)	(118,795	)	(23,227	)	(118,795	)	(31,468	)
Loss from discontinued operations before income taxes	(140,948	)	(19,589	)	(143,762	)	(26,181	)
Income tax benefit	(805	)	(5,296	)	(636	)	(15,978	)
Loss from discontinued operations	(140,143	)	(14,293	)	(143,126	)	(10,203	)

(1) Cost of goods sold for the quarter and three quarters ended September 30, 2023, includes a $11.0 million charge to write down the frozen fruit inventory that was not acquired by the Purchasers to its estimated net realizable value.

(2) For all periods presented, selling, general and administrative expenses exclude the allocation of corporate costs.

(3) Other expense for the quarter and three quarters ended September 30, 2023, includes a $6.9 million impairment charge related to the equipment and operating lease right-of-use assets of the Oxnard, California, facility that was not acquired by the Purchasers. Other income for the quarter and three quarters ended October 1, 2022, includes a $3.8 million gain on the sale of a former frozen fruit facility sold in August 2022.

(4) Interest expense reflects interest on bank loans and other interest-bearing liabilities directly attributable to Frozen Fruit.

(5) For the quarter ended October 1, 2022, reflects the pre-tax loss on divestiture of $23.2 million recognized in the third quarter of 2022 on the classification of Sunflower as held for sale, and, for the three quarters ended October 1, 2022, reflects the pre-tax loss on divestiture of Sunflower, together with a loss of $8.2 million on the settlement of the purchase price allocation related to the 2020 divestiture of the Company's global ingredients business, Tradin Organic.