Significant Accounting Policies (Tables)

12 Months Ended

Dec. 28, 2024

	Year Ended December 30, 2023						Year Ended December 31, 2022
	As Previously Reported		Adjust- ments		As Revised		As Previously Reported		Adjust- ments		As Revised
	$		$		$		$		$		$
Consolidated Statements of Operations
Revenues	630,297		(3,567	)	626,730		591,395		-		591,395
Cost of goods sold	541,680		(950	)	540,730		491,665		1,592		493,257
Gross profit	88,617		(2,617	)	86,000		99,730		(1,592	)	98,138
Selling, general and administrative expenses	78,000		654		78,654		78,469		-		78,469
Intangible amortization	1,784		-		1,784		1,784		-		1,784
Other expense, net	455		-		455		1,651		-		1,651
Foreign exchange loss (gain)	110		-		110		(107	)	-		(107	)
Operating income	8,268		(3,271	)	4,997		17,933		(1,592	)	16,341
Interest expense, net	26,909		-		26,909		13,156		-		13,156
Earnings (loss) from continuing operations before income taxes	(18,641	)	(3,271	)	(21,912	)	4,777		(1,592	)	3,185
Income tax expense	3,269		-		3,269		896		-		896
Earnings (loss) from continuing operations	(21,910	)	(3,271	)	(25,181	)	3,881		(1,592	)	2,289
Net loss from discontinued operations	(153,108	)	(500	)	(153,608	)	(8,722	)	-		(8,722	)
Net loss	(175,018	)	(3,771	)	(178,789	)	(4,841	)	(1,592	)	(6,433	)
Dividends and accretion on preferred stock	(1,981	)	-		(1,981	)	(3,109	)	-		(3,109	)
Loss attributable to common shareholders	(176,999	)	(3,771	)	(180,770	)	(7,950	)	(1,592	)	(9,542	)

Basic and diluted earnings (loss) per share:⁽¹⁾
Earnings (loss) from continuing operations operations attributable to common shareholders	(0.21	)	(0.03	)	(0.24	)	0.01		(0.01	)	(0.01	)
Loss from discontinued operations	(1.34	)	(0.00	)	(1.34	)	(0.08	)	-		(0.08	)
Loss attributable to common shareholders	(1.55	)	(0.03	)	(1.58	)	(0.07	)	(0.01	)	(0.09	)

(1) The sum across of individual per share amounts may not add due to rounding.

	As at December 30, 2023
	As Previously Reported		Adjustments		As Revised
	$		$		$
Consolidated Balance Sheet
Accounts receivable	64,862		(1,839	)	63,023
Inventories	83,215		1,855		85,070
Prepaid expenses and other assets	25,235		(1,459	)	23,776
Total current assets	184,245		(1,443	)	182,802
Property, plant and equipment, net	319,898		301		320,199
Operating lease right-of-use assets	105,919		(1,131	)	104,788
Total assets	669,424		(2,273	)	667,151
Accounts payable	75,761		1,706		77,467
Accrued liabilities	20,889		1,835		22,724
Current portion of long-term debt	24,346		301		24,647
Total current liabilities	154,400		3,842		158,242
Operating lease liabilities	100,102		(1,406	)	98,696
Total liabilities	493,890		2,436		496,326
Additional paid-in capital	27,534		654		28,188
Accumulated deficit	(332,687	)	(5,363	)	(338,050	)
Total shareholders' equity	161,025		(4,709	)	156,316
Total liabilities and shareholders' equity	669,424		(2,273	)	667,151

	Year Ended December 30, 2023						Year Ended December 31, 2022
	As Previously Reported		Adjust- ments		As Revised		As Previously Reported		Adjust- ments		As Revised
	$		$		$		$		$		$
Consolidated Statements of Cash Flows
Net loss	(175,018	)	(3,771	)	(178,789	)	(4,841	)	(1,592	)	(6,433	)
Net loss from discontinued operations	(153,108	)	(500	)	(153,608	)	(8,722	)	-		(8,722	)
Earnings (loss) from continuing operations	(21,910	)	(3,271	)	(25,181	)	3,881		(1,592	)	2,289
Items not affecting cash:
Stock-based compensation	11,778		654		12,432		13,830		-		13,830
Changes in operating assets and liabilities, net of divestitures	(24,999	)	2,617		(22,382	)	(15,142	)	1,592		(13,550	)
Net cash provided by operating activities of continuing operations	3,575		-		3,575		30,746		-		30,746
Net cash provided by operating activities of discontinued operations	11,269		-		11,269		29,829		-		29,829
Net cash provided by operating activities	14,844		-		14,844		60,575		-		60,575

Buildings	20 - 40 years
Machinery and equipment	5 - 20 years
Enterprise software	3 - 5 years
Office furniture and equipment	3 - 7 years
Vehicles	3 - 7 years