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Discontinued Operations (Tables)
12 Months Ended
Dec. 29, 2012
Discontinued Operation, Income (Loss) from Discontinued Operation Disclosures [Abstract]  
Discontinued operations tables [Table Text Block]
The following table shows the components of assets and liabilities that are classified as discontinued operations in the Company's consolidated balance sheet as of December 31, 2011 (in thousands):

 
 
2011
Accounts receivable, net
 
$
7,647

Inventories
 
14,356

Prepaid and other current assets
 
953

Assets of discontinued operations - current
 
22,956

Property, plant and equipment, net
 
10,273

Other assets, net (1)
 
17,143

Assets of discontinued operations - long-term
 
27,416

Accounts payable
 
4,352

Accrued compensation and related liabilities
 
548

Other current liabilities
 
446

Liabilities of discontinued operations - current
 
5,346

Liabilities of discontinued operations - long-term
 
8,474

Net assets
 
$
36,552

____________________ 
(1) Includes $2.8 million of goodwill and $14.3 million of intangible assets at December 31, 2011.
The following table summarizes certain statement of operations information for discontinued operations (in thousands):
 
 
Years Ended
 
 
2012
 
2011
 
2010
Net sales
 
$
9,190

 
$
99,611

 
$
106,187

Income (loss) from discontinued operations before income taxes (1)(2)(3)
 
332

 
(3,697
)
 
14,184

Income tax expense on discontinued operations
 
95

 
3,840

 
2,863

Loss on sale of discontinued operations, net of taxes of $2.6 million
 
(6,260
)
 

 

(Loss) income from discontinued operations, net of taxes
 
$
(6,023
)
 
$
(7,537
)
 
$
11,321

Income (loss) per share - basic and diluted
 
$
(0.10
)
 
$
(0.12
)
 
$
0.18