CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Jun. 26, 2015	Dec. 31, 2014
CURRENT ASSETS:
Cash	$ 48	$ 66
Accounts receivable, net	13,495	10,840
Inventories, net	19,356	15,881
Other current assets	876	659
Total current assets	33,775	27,446
OTHER ASSETS:
Goodwill	14,361	2,556
Intangibles, Net	15,472	3,909
Other	4,322	1,839
Total other assets	34,155	8,304
PROPERTY AND EQUIPMENT
Land and improvements	535	535
Buildings and improvements	7,009	6,175
Machinery and equipment	56,009	52,711
Property and equipment, gross	63,553	59,421
Less - Accumulated depreciation	(50,402)	(49,263)
Property and equipment, net	13,151	10,158
Total assets	81,081	45,908
CURRENT LIABILITIES:
Accounts payable	14,263	7,327
Book overdraft	293	699
Accrued compensation	1,382	1,457
Accrued expenses	9,480	7,093
Payable to related party	3,987	3,650
Deferred revenue	186	186
Revolving credit agreement	25,432	21,967
Total current liabilities	55,023	42,379
DEFERRED REVENUE	41	130
LONG TERM DEBT	24,227	0
OTHER LIABILITIES	5,381	4,090
Total liabilities	$ 84,672	$ 46,599
COMMITMENTS AND CONTINGENCIES (Note 9)
STOCKHOLDERS' (DEFICIT) EQUITY
15% Convertible preferred stock, $100 par value; authorized 1,200,000 shares; issued and outstanding 1,131,551 shares; liquidation value $113,155	$ 108,256	$ 108,256
Common stock, $1 par value; authorized 35,000,000 shares; issued 9,822,304 shares	9,822	9,822
Additional paid-in capital	27,110	27,110
Accumulated other comprehensive loss	(1,628)	(1,544)
Accumulated deficit	(125,714)	(122,898)
Treasury stock, at cost, 1,871,128 shares	(21,437)	(21,437)
Total stockholders' (deficit) equity	(3,591)	(691)
Total liabilities and stockholders' (deficit) equity	$ 81,081	$ 45,908

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.