Discontinued Operations (Tables)

12 Months Ended

Jan. 02, 2016

Discontinued Operations and Disposal Groups [Abstract]

The following table shows the components of assets and liabilities that are classified as discontinued operations in the Company's consolidated balance sheets as of January 2, 2016, and December 27, 2014 (in thousands):



	2015		2014
Accounts receivable, net	$	23,244	$	29,344
Inventories	18,603		18,119
Other current assets	6,719		5,106
Assets of discontinued operations - current	48,566		52,569
Property, plant and equipment, net	48,244		54,585
Goodwill and other long-term assets	14,607		32,028
Assets of discontinued operations - long-term	62,851		86,613
Accounts payable	17,917		19,145
Other current liabilities	4,351		5,058
Liabilities of discontinued operations - current	22,268		24,203
Long-term debt and other liabilities	1,153		3,520
Liabilities of discontinued operations - long-term	1,153		3,520
Net assets of discontinued operations	$	87,996	$	111,459

The following table summarizes certain statement of operations information for discontinued operations (in thousands, except per share data):



	For The Years Ended
	2015			2014			2013
Net sales	$	178,850		$	187,725		$	228,178
Cost of sales	154,570			162,448			192,237
Selling, general and administrative expenses	20,630			20,826			22,278
Amortization of intangible assets	2,062			2,597			2,482
Restructuring and other charges	390			932			514
Impairment of goodwill	9,857			—			—
Impairment of intangible assets	—			—			8,874
Interest expense, net	117			137			99
Other income, net	(954		)	(6,563		)	(3,141		)
(Loss) income from discontinued operations before income taxes	(7,822		)	7,348			4,835
(Loss) gain on sale of discontinued operations before income taxes	(4,987		)	2,519			25,597
Total (loss) income from discontinued operations before income taxes	(12,809		)	9,867			30,432
Income tax (benefit) expense on discontinued operations	(1,419		)	(1,323		)	12,942
(Loss) income from discontinued operations, net of taxes	$	(11,390	)	$	11,190		$	17,490
(Loss) income per share - basic	$	(0.16	)	$	0.17		$	0.27
(Loss) income per share - diluted	$	(0.16	)	$	0.17		$	0.27

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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