XML 14 R12.htm IDEA: XBRL DOCUMENT  v2.3.0.11
GAIN ON SALE OF FIXED ASSETS
6 Months Ended
Jun. 26, 2011
Gain (Loss) on Sale of Property Plant Equipment [Abstract]  
GAIN ON SALE OF FIXED ASSETS
7.        GAIN ON SALE OF FIXED ASSETS
 
In the fourth quarter of 2009, the Company entered into a listing agreement to sell its manufacturing and distribution facility in Woodburn, Oregon.  Approximately $3.2 million of carrying value for this facility was classified as assets held for sale as of December 31, 2009.  In the first quarter of 2010, this facility was sold resulting in a pretax gain on sale of approximately $0.8 million.
 
During the fourth quarter of 2008, the Company entered into a listing agreement to sell its remaining manufacturing and distribution facility in Fontana, California.  Approximately $1.6 million of carrying value for this facility was classified as assets held for sale as of December 31, 2009.  In the first quarter of 2010, this facility was sold resulting in a total pretax gain on sale of approximately $2.7 million.   Approximately $2.0 million of the total pretax gain on sale was recognized in the Company's first quarter 2010 operating results.  Because the Company is currently operating in the same facility under a lease agreement with the purchaser, the remaining $0.7 million of the pretax gain was deferred and is being offset against future lease payments as required by U.S. GAAP beginning in the second quarter of 2010.  The deferred gain recognized during both the second quarter ended June 26, 2011 and June 27, 2010 was $0.1 million.  The deferred gain recognized for the comparable six months periods was $0.2 million and $0.1 million, respectively.