Note 12 - Restructuring Charges

12 Months Ended

Jan. 03, 2016

Restructuring and Related Activities [Abstract]

Restructuring and Related Activities Disclosure [Text Block]

RESTRUCTURING CHARGES

In the third quarter of 2014, the Company committed to a new restructuring plan in its continuing efforts to reduce costs across its worldwide operations. In connection with this restructuring plan, the Company incurred a pre-tax restructuring and asset impairment charge in the third quarter of 2014 in an amount of $12.4 million. The charge was comprised of severance expenses of $9.7 million for a reduction of 100 employees, other related exit costs of $0.1 million, and a charge for impairment of assets of $2.6 million.

A summary of these restructuring activities is presented below:

	Total Restructuring Charge		Costs Incurred in 2014		Costs Incurred in 2015		Balance at Jan. 3, 2016
	(In thousands)
Workforce Reduction	$	9,669	$	2,732	$	6,833	$	104
Fixed Asset Impairment		2,584		2,584		0		0
Other Related Exit Costs		133		133		0		0