SMTC (SMTX) 10-Q 7 May 14 2014 Q1 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	3 Months Ended
	Mar. 30, 2014	Apr. 30, 2014
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'SMTC CORP	'
Document Type	'10-Q	'
Current Fiscal Year End Date	'--12-28	'
Entity Common Stock, Shares Outstanding	'	16,417,276
Amendment Flag	'false	'
Entity Central Index Key	'0001108320	'
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Well-known Seasoned Issuer	'No	'
Document Period End Date	30-Mar-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'

Interim_Consolidated_Balance_S

Interim Consolidated Balance Sheets (Unaudited) (USD $)	Mar. 30, 2014	Dec. 29, 2013
In Thousands, unless otherwise specified
Current assets:	'	'
Cash	$3,732	$3,295
Accounts receivable—net (note 3)	28,631	30,821
Inventories (note 3)	36,868	36,776
Prepaid expenses	1,366	1,632
Income taxes receivable	472	472
Current portion of deferred income taxes (note 6)	1,486	1,486
	72,555	74,482
Property, plant and equipment—net (note 3)	17,343	18,219
Deferred financing costs—net (note 3)	171	275
Deferred income taxes (note 6)	815	818
	90,884	93,794
Current liabilities:	'	'
Accounts payable	33,710	33,231
Accrued liabilities (note 3)	5,023	6,443
Income taxes payable	602	775
Revolving credit facility (note 4)	19,853	20,222
Current portion of capital lease obligations	1,235	1,482
	60,423	62,153
Capital lease obligations	399	519
Commitments and contingencies (note 10)	'	'
Shareholders’ equity:	'	'
Capital stock (note 5)	390	390
Additional paid-in capital	263,777	263,732
Deficit	-234,105	-233,000
	30,062	31,122
	$90,884	$93,794

Interim_Consolidated_Statement

Interim Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 30, 2014	Mar. 31, 2013
Revenue	$58,023	$65,447
Cost of sales (note 11)	53,638	58,503
Gross profit	4,385	6,944
Selling, general and administrative expenses	4,243	4,514
Restructuring charges (note 9)	670	452
Operating earnings (loss)	-528	1,978
Interest expense (note 3)	394	384
Earnings (loss) before income taxes	-922	1,594
Income tax expense (recovery) (note 6):	'	'
Current	180	461
Deferred	3	-33
	183	428
Net earnings (loss), also being comprehensive income (loss)	($1,105)	$1,166
Earnings (loss) per share of common stock:	'	'
Basic (in Dollars per share)	($0.07)	$0.07
Diluted (in Dollars per share)	($0.07)	$0.07
Weighted average number of shares outstanding (note 7):	'	'
Basic (in Shares)	16,417,270	16,344,193
Diluted (in Shares)	16,417,270	16,408,579

Interim_Consolidated_Statement1

Interim Consolidated Statements of Changes in Shareholders’ Equity (Unaudited) (USD $)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
In Thousands
Balance at Dec. 30, 2012	$389	$263,424	($221,105)	$42,708
Stock-based compensation	'	100	'	100
Net income (loss)	'	'	1,166	1,166
Balance at Mar. 31, 2013	389	263,524	-219,939	43,974
Balance at Dec. 29, 2013	390	263,732	-233,000	31,122
Stock-based compensation	'	45	'	45
Net income (loss)	'	'	-1,105	-1,105
Balance at Mar. 30, 2014	$390	$263,777	($234,105)	$30,062

Interim_Consolidated_Statement2

Interim Consolidated Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 30, 2014	Mar. 31, 2013
Operations:	'	'
Net earnings (loss)	($1,105)	$1,166
Depreciation	1,128	909
Unrealized gain on derivative financial instrument	-92	-1,019
Deferred income taxes	3	-33
Non-cash interest	104	91
Stock-based compensation	45	100
Change in non-cash operating working capital:	'	'
Accounts receivable	2,190	-3,697
Inventories	-92	-3,988
Prepaid expenses	266	-29
Income taxes payable	-173	159
Accounts payable	479	-5,484
Accrued liabilities	-1,328	-191
	1,425	-12,016
Financing:	'	'
Increase (repayment) in revolving debt	-369	14,956
Repayment of term facility	'	-1,158
Principal payment of capital lease obligations	-367	-641
Proceeds from sales leaseback	'	988
Payment of contingent consideration	'	-291
	-736	13,854
Investing:	'	'
Purchase of property, plant and equipment	-252	-657
	-252	-657
Increase in cash	437	1,181
Cash, beginning of period	3,295	2,203
Cash, end of the period	3,732	3,384
Supplemental Information	'	'
Cash interest paid	315	309
Cash taxes paid – net	286	203
Property, plant and equipment acquired through capital lease	'	$1,338

Note_1_Nature_of_the_Business

Note 1 - Nature of the Business	3 Months Ended
	Mar. 30, 2014
Disclosure Text Block [Abstract]	'
Business Description and Basis of Presentation [Text Block]	'
	1.         Nature of the business
	SMTC Corporation (the “Company”) is a worldwide provider of advanced electronics manufacturing services to original equipment manufacturers. The Company services its customers through manufacturing and technology centers located in the United States, Mexico and China. The Company ceased production at its Canadian facility at the end of the second quarter of 2013. All facilities provide a full suite of integrated manufacturing services including assembly, testing, box build, final product integration, and expanded supply chain capabilities. In addition, the Company operates an international sourcing and procurement office in Hong Kong.
	The accompanying unaudited interim consolidated financial statements of the Company have been prepared in accordance with the accounting principles and methods of application disclosed in the audited consolidated financial statements within the Company’s Form 10-K for the fiscal period ended December 29, 2013, (“Form 10-K”) filed with the Securities and Exchange Commission (the “SEC”) on April 14, 2014, except as described in Note 2. The accompanying unaudited interim consolidated financial statements include adjustments of a normal, recurring nature that are, in the opinion of management, necessary for a fair presentation under generally accepted accounting principles in the United States (“U.S. GAAP”). These unaudited interim consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements for the fiscal period ended December 29, 2013.

Note_2_Recent_Accounting_Prono

Note 2 - Recent Accounting Pronouncements	3 Months Ended
	Mar. 30, 2014
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]	'
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	'
	2.         Recent accounting pronouncements
	In December 2011, the FASB issued ASU No. 2011-11, “Balance Sheet” (Topic 210) – Disclosures about Offsetting Assets and Liabilities (ASU 2011-12).The amendments in this update require an entity that has financial instruments and derivative instruments that are either 1) offset in accordance with either Section 210-20-45 or Section 815-10-45 or 2) subject to an enforceable master netting arrangement or similar agreement, to disclose information about offsetting and related arrangements. The amendments in this ASU are required for annual reporting periods beginning on or after January 1, 2013, and interim periods within those annual periods. Required disclosures should be presented retrospectively for all comparative periods. There is no material impact of the adoption of ASU 2011-11 on our Consolidated Financial Statements.
	On July 18, 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 2013-11, Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists (“ASU 2013-11”). ASU 2013-11, which is effective prospectively for fiscal years, and interim periods within those years, beginning after December 15, 2013, is expected to reduce diversity in practice by providing guidance on the presentation of unrecognized tax benefits and will better reflect the manner in which an entity would settle at the reporting date any additional income taxes that would result from the disallowance of a tax position when net operating loss carryforwards, similar tax losses, or tax credit carryforwards exist. There is no material impact of the adoption of ASU 2013-11 on our Consolidated Financial Statements.

Note_3_Consolidated_Financial_

Note 3 - Consolidated Financial Statement Details	3 Months Ended
	Mar. 30, 2014
Disclosure Text Block Supplement [Abstract]	'
Condensed Financial Statements [Text Block]	'
	3.        Consolidated financial statement details
	The following consolidated financial statement details are presented as of the period ended for the consolidated balance sheets and for the periods ended for each of the consolidated statements of operations and comprehensive income (loss).
	Consolidated Balance Sheets
	Accounts receivable – net:
			30-Mar-14			December 29,
						2013
	Accounts receivable		$	28,901		$	31,091
	Allowance for doubtful accounts			(270	)		(270	)
	Accounts receivable—net		$	28,631		$	30,821
	Inventories:
			March 30,			December 29,
			2014			2013
	Raw materials		$	26,253		$	28,583
	Work in process			4,927			3,078
	Finished goods			4,381			3,849
	Parts			1,307			1,266
	Inventories		$	36,868		$	36,776
	Property, plant and equipment – net:
			March 30,			December 29,
			2014			2013
	Cost:
	Land		$	1,648		$	1,648
	Buildings			9,878			9,878
	Machinery and equipment (a)			29,685			29,505
	Office furniture and equipment			1,667			1,658
	Computer hardware and software (b)			5,194			5,153
	Leasehold improvements (c)			2,314			2,292
				50,386			50,134
	Less accumulated depreciation:
	Land			—			—
	Buildings			(6,914	)		(6,794	)
	Machinery and equipment (a)			(19,165	)		(18,409	)
	Office furniture and equipment			(1,405	)		(1,369	)
	Computer hardware and software (b)			(4,273	)		(4,119	)
	Leasehold improvements (c)			(1,286	)		(1,224	)
				(33,043	)		(31,915	)
	Property, plant and equipment—net		$	17,343		$	18,219
	(a)	Included within machinery and equipment were assets under capital leases with costs of $4,967 and $6,452 and associated accumulated depreciation of $1,676 and $1,383 as of March 30, 2014 and March 31, 2013, respectively. The related depreciation expense for the three months ended March 30, 2014 and March 31, 2013 were $171 and $200, respectively.
	(b)	Included within computer hardware and software were assets under capital leases with costs of $481 and $400 and associated accumulated depreciation of $306 and $156 as at March 30, 2014 and March 31, 2013, respectively. The related depreciation expense for the three months ended March 30, 2014 and March 31, 2013 were $40 and $33, respectively.
	(c)	Included within leasehold improvements were assets under capital leases with costs of $73 and associated accumulated depreciation of $30 and $16 as of March 30, 2014 and March 31, 2013, respectively. The related depreciation expense was $4 for the three months ended March 30, 2014 and March 31, 2013.
	Deferred financing costs:
			30-Mar-14			December 29,
						2013
	Deferred financing costs		$	1,496		$	1,496
	Accumulated amortization			(1,325	)		(1,221	)
			$	171		$	275
	Accrued liabilities:
			30-Mar-14			December 29,
						2013
	Customer related		$	867		$	943
	Payroll			2,945			3,666
	Professional services			754			611
	Restructuring (note 9)			32			630
	Vendor related			45			36
	Other			380			557
	Accrued liabilities		$	5,023		$	6,443
	Consolidated Statements of Operations and Comprehensive Income (Loss)
	Interest expense:
			Three months ended
			March 30, 2014			31-Mar-13
	Long-term debt		$	-		$	38
	Revolving credit facility			263			205
	Non-cash interest			104			91
Obligations under capital leases			27			50
Interest expense		$	394		$	384

Note_4_Debt

Note 4 - Debt	3 Months Ended
	Mar. 30, 2014
Debt Disclosure [Abstract]	'
Debt Disclosure [Text Block]	'
	4.        Debt
	(a) Revolving credit facility
	The Company borrows money under a Revolving Credit and Security Agreement with PNC Bank, National Association and its Canadian branch (collectively, “PNC”). This revolving credit facility (the “PNC Facility”) had an original term of three years, but on April 7, 2014, an amendment to the PNC Facility was signed and the term of the PNC facility was extended to January 2, 2015. Advances made under the U.S. revolving PNC Facility bear interest at the U.S. base rate plus 1.75%. Advances made under the Canadian revolving PNC Facility denominated in Canadian dollars bear interest at the Canadian base rate plus 1.75%. For advances made under the Canadian facility denominated in U.S. dollars, interest will be charged at the U.S. base rate plus 1.75%. The base commercial lending rate of each respective country of borrowing should approximate prime rate.
	At March 30, 2014, $19,853 (December 29, 2013 - $20,222) was outstanding under the facility and is classified as a current liability based on the terms of the PNC Facility. At March 30, 2014, there was a Canadian dollar denominated credit balance of $129. At December 29, 2013, there was a Canadian dollar denominated debit balance of $618.
	The maximum amount of funds available under the PNC Facility was reduced from $45 million to $40 million subsequent to March 30, 2014 as part of the April 7, 2014 amendment to the loan facility. Availability under the revolving credit facility is subject to certain conditions, including borrowing base conditions based on the eligible inventory and accounts receivable, and certain conditions which are not objectively determinable. The Company is required to use a “lock-box” arrangement for the PNC Facility, whereby remittances from customers are swept daily to reduce the borrowings under the revolving credit facility.
	The PNC Facility is a joint and several obligation of the Company and its subsidiaries that are borrowers under the facility and is jointly and severally guaranteed by other subsidiaries of the Company. Repayment under the PNC Facility is secured by the assets of the Company and by the assets and of each of the Company’s subsidiaries.
	The PNC agreement contains certain financial and non-financial covenants (note 4(b)).
	(b) Covenants
	The PNC agreement contains certain financial and non-financial covenants.
	Under the PNC Facility, the financial covenants require the Company to maintain minimum amounts of earnings before interest, taxes and depreciation and amortization, limit unfunded capital expenditures and maintain a minimum fixed charge coverage ratio (all as defined in the credit agreement governing the PNC Facility).  The financial covenant relating to maintaining a minimum amount of earnings before interest, taxes and depreciation and amortization is only in effect for the fiscal quarter ending June 29, 2014.  The financial covenant relating to a minimum fixed charge coverage ratio is in effect for the fiscal quarter ending September 28, 2014 and the six months ending December 28, 2014.  Market conditions have been difficult to predict and there is no assurance that the Company will meet these covenants. A failure to comply with the covenants could result in an event of default. If an event of default occurs and is not cured or waived, it could result in all amounts outstanding, together with accrued interest, becoming immediately due and payable.

Note_5_Capital_Stock

Note 5 - Capital Stock	3 Months Ended
	Mar. 30, 2014
Stockholders' Equity Note [Abstract]	'
Stockholders' Equity Note Disclosure [Text Block]	'
	5.        Capital stock
	Common shares
	Authorized share capital:
	The authorized share capital of the Company at March 30, 2014 and December 29, 2013 consisted of:
		(i)	26,000,000 shares of common stock, par value $0.01 per share: Holders are entitled to one vote per share and the right to share in dividends pro rata subject to any preferential dividend rights of any then outstanding preferred stock.
		(ii)	5,000,000 shares of special voting stock, par value $0.01 per share: From time to time the Company may issue special voting stock in one or more series and will fix the terms of that series at the time it is created.
	Issued and outstanding:
	The issued and outstanding number of common shares included in shareholders’ equity consisted of the following as of March 30, 2014:
			Number			$
			of shares
	Common Stock
	Common shares:
	Balance at December 29, 2013			16,417,256	$	390
	Exchangeable shares converted to common stock			20		-
	Balance at March 30, 2014			16,417,276	$	390
	Total Common Stock			16,417,276	$	390
	Stock Options
	For information regarding the Company’s stock option arrangements, see Note 6 of the consolidated financial statements within the Company’s Form 10-K for the fiscal period ended December 29, 2013. There were no stock options granted during the three month period ended March 30, 2014. A summary of stock option activity for the three month period ended March 30, 2014 is as follows:
			Number		Weighted		Aggregate		Weighted
			of options		average		intrinsic		average
					exercise		value		remaining
					price				contractual
									term (years)
	Outstanding at December 29, 2013			435,000	$	2.5
	Outstanding at March 30, 2014			435,000	$	2.5	$	-		3.6
	Exercisable at March 30, 2014			208,334	$	2.49	$	-		3.3
	During the three month periods ended March 30, 2014 and March 31, 2013, the Company recorded stock-based compensation expense and a corresponding increase in additional paid-in capital of $45 and $100, respectively.
	Restricted Stock Units
	During the three month period ended March 30, 2014, restricted stock units were granted to the Chief Executive Officer of the Company as remuneration.
	Stock based compensation was recognized during the three month period ended March 30, 2014 related to the restricted stock units of $17 while nil was recognized for the three month period ended March 31, 2013.
	There were 109,170 restricted stock units outstanding at March 30, 2014 and no outstanding restricted stock units as at December 29, 2013.

Note_6_Income_Taxes

Note 6 - Income Taxes	3 Months Ended
	Mar. 30, 2014
Income Tax Disclosure [Abstract]	'
Income Tax Disclosure [Text Block]	'
	6.        Income taxes
	During the three months ended March 30, 2014 and March 31, 2013, the Company recorded a net income tax expense of $183 and $428, respectively, primarily related to minimum taxes and taxes on profits in certain jurisdictions.
	At December 29, 2013, the Company had total net operating loss carry forwards of $88.2 million, of which $10.2 million will expire in 2014, $4.1 million will expire in 2015, $1.1 million will expire in 2018, $20.6 million will expire in 2023, $3.4 million will expire in 2026, $0.5 million will expire in 2027, $4.3 million will expire in 2028, and the remainder will expire between 2029 and 2033.
	At March 30, 2014 and December 29, 2013, the Company had gross unrecognized tax benefits of $248 and $274, respectively, which if recognized, would favorably impact the Company’s effective tax rate in future periods. The Company does not expect any of these unrecognized tax benefits to reverse in the next twelve months.
	Tax years 2009 to 2013 remain open for review by the tax authorities in Canada and Mexico. Tax years 2009 to 2013 remain open in the United States.
	The Company accounts for interest and penalties related to unrecognized tax benefits in income tax expense based on the likelihood of the event and its ability to reasonably estimate such amounts. The Company has approximately $76 and $73 accrued for interest and penalties as of March 30, 2014 and December 29, 2013, respectively. The change is primarily due to the recording of incremental interest on existing uncertain positions for the period.
	In assessing the realization of deferred tax assets, management considers whether it is more likely than not that some portion or all of its deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income. Management considers the scheduled reversal of deferred tax liabilities, change of control limitations, projected future taxable income and tax planning strategies in making this assessment. Guidance under ASC 740, Income Taxes, (“ASC 740”) states that forming a conclusion that a valuation allowance is not needed is difficult when there is negative evidence, such as cumulative losses in recent years in the jurisdictions to which the deferred tax assets relate. In years 2010 through to 2012, it was determined by management that it was more likely than not that certain deferred tax assets associated with the U.S. jurisdiction would be realized and as such, no valuation allowance was recorded against these deferred tax assets. In 2013, it was determined by management that a partial valuation allowance was required to be recorded against certain deferred tax assets associated with the U.S. jurisdiction as it was not more likely than not to be realized. The Canadian jurisdiction continues to have a full valuation allowance recorded against the deferred tax assets.

Note_7_Earnings_Loss_Per_Commo

Note 7 - Earnings (Loss) Per Common Share	3 Months Ended
	Mar. 30, 2014
Earnings Per Share [Abstract]	'
Earnings Per Share [Text Block]	'
	7.        Earnings per common share
	The following table details the weighted average number of common shares outstanding for the purposes of computing basic and diluted earnings per common share for the following periods:
			Three months ended
	(Number of common shares)		30-Mar-14		March 31,2013
	Basic weighted average shares outstanding			16,417,270		16,344,193
	Dilutive stock options(a)(b)			—		64,386
	Diluted weighted average shares outstanding			16,417,270		16,408,579
	(a)	For the three months ended March 30, 2014, as a result of a net loss for the period, dilutive earnings per share was calculated using the basic weighted average shares outstanding as the effect of potential common shares would have been anti-dilutive.
	(b)	For the three months ended March 31, 2013, as a result of net income for the period, dilutive options were determined using the treasury stock method, using an average share price of $2.48 per share. For the three months ended March 31, 2013, the calculation did not include 927,000 stock options, as the effect would have been anti-dilutive.

Note_8_Segmented_Information

Note 8 - Segmented Information	3 Months Ended
	Mar. 30, 2014
Segment Reporting [Abstract]	'
Segment Reporting Disclosure [Text Block]	'
	8.         Segmented information
	General description
	The Company derives its revenue from one dominant industry segment, the electronics manufacturing services industry. The Company is operated and managed geographically and has facilities in the United States, Mexico, Canada and China. The Company monitors the performance of its geographic operating segments based on adjusted EBITDA (earnings before restructuring charges, loss on extinguishment of debt, acquisition costs, interest, taxes, depreciation and amortization). Intersegment adjustments reflect intersegment sales that are generally recorded at prices that approximate arm’s-length transactions. In assessing the performance of the operating segments management attributes revenue to the operating segment which ships the product to the customer. Information about the operating segments is as follows:
			Three months ended
			30-Mar-14			31-Mar-13
	Revenues
	Mexico		$	38,757		$	48,868
	Asia			15,530			11,782
	Canada			-			5,980
	U.S.			12,692			10,504
	Total		$	66,979		$	77,134
	Intersegment revenue
	Mexico		$	(365	)	$	(4,861	)
	Asia			(3,266	)		(2,419	)
	Canada			-			(1,124	)
	U.S.			(5,325	)		(3,283	)
	Total		$	(8,956	)	$	(11,687	)
	Net external revenue
	Mexico		$	38,392		$	44,007
	Asia			12,264			9,363
	Canada			-			4,856
	U.S.			7,367			7,221
	Total		$	58,023		$	65,447
	Adjusted EBITDA
	Mexico		$	(482	)	$	2,530
	Asia			1,426			535
	Canada			(170	)		18
	U.S.			496			256
	Total		$	1,270		$	3,339
	Interest			394			384
	Restructuring charges			670			452
	Depreciation			1,128			909
	Earnings (loss) before income taxes		$	(922	)	$	1,594
	Additions to Property, Plant and Equipment
	The following table contains additions, including those acquired through capital leases, to property, plant and equipment for the three months ended March 30, 2014:
			Three months ended
			30-Mar-14			31-Mar-13
	Mexico		$	177		$	411
	Asia			-			343
	Canada			20			74
	U.S.			55			66
	Total		$	252		$	894
	Long-lived assets (a)
			March 30,			December 29,
			2014			2013
	Mexico		$	11,674		$	12,236
	Asia			3,375			3,534
	Canada			341			399
	U.S.			1,953			2,050
	Total		$	17,343		$	18,219
		(a)	Long-lived assets information is based on the principal location of the asset.
	Geographic revenues
	The following table contains geographic revenues based on the product shipment destination, for the three months ended March 30, 2014 and March 31, 2013:
			Three months ended
			March 30,			March 31,
			2014			2013
	U.S.		$	52,283		$	50,066
	Canada			4,375			11,686
	Europe			284			1,427
	Asia			1,077			2,247
	Mexico			4			21
	Total		$	58,023		$	65,447
	Significant customers and concentration of credit risk
Sales of the Company’s products are concentrated in certain cases among specific customers in the same industry. The Company is subject to concentrations of credit risk in trade receivables. The Company considers concentrations of credit risk in establishing the allowance for doubtful accounts and believes the recorded allowances are adequate.
The Company expects to continue to depend upon a relatively small number of customers for a significant percentage of its revenue. In addition to having a limited number of customers, the Company manufactures a limited number of products for each customer. If the Company loses any of its larger customers or any product line manufactured for one of its larger customers, it could experience a significant reduction in revenue. Also, the insolvency of one or more of its larger customers or the inability of one or more of its larger customers to pay for its orders could decrease revenue. As many costs and operating expenses are relatively fixed, a reduction in net revenue can decrease profit margins and adversely affect the business, financial condition and results of operations.
During the three months ended March 30, 2014, three customers exceeded 10% of total revenues, comprising 36.1%, 13.6% and 10.6%, respectively of total revenue across all geographic segments. For the three months ended March 31, 2013, two customers exceeded 10% of total revenues at 37.5% and 10.2%, respectively. As of March 30, 2014, these three customers represented 22.0%, 19.0% and 16.0%, respectively (December 29, 2013, 22.3%, 17.7% and 12.3% respectively) of the Company’s trade accounts receivable.

Note_9_Restructuring_Charges

Note 9 - Restructuring Charges	3 Months Ended
	Mar. 30, 2014
Restructuring and Related Activities [Abstract]	'
Restructuring and Related Activities Disclosure [Text Block]	'
	9.        Restructuring charges
	For the three months ended March 30, 2014, no additional charges were incurred related to the 2012 Plan. Severance payments of $73 were made related to remaining employees from the Markham closure. The ZF lease settlement costs of $525 were paid during the quarter.
	In the first quarter of 2014, additional restructuring charges of $670 were incurred as a result of the approved 2014 plan whereby 290 full-time equivalent employees (“FTEs”) were impacted in the Mexican facility.
	For the three months ended March 31, 2013, restructuring charges of $452 were recorded related to the closure of the Markham production facility as part of the 2012 Plan, impacting approximately seven FTEs.
	The following table details the change in restructuring accrual for the period from December 29, 2013 to March 30, 2014, relating to the 2012 Plan and 2014 Plan:
				Severance				Facility				Total
								exit costs
	2012 Plan
	Balance as at December 29, 2013			$	105			$	525			$	630
	Payments				(73	)			(525	)			(598	)
	Balance as at March 30, 2014			$	32			$	—			$	32
		Severance				Facility				Total
						exit costs
	2014 Plan
	Balance as at December 29, 2013	$	—			$	—			$	—
	Charges		670				—				670
	Payments		(670	)			—				(670	)
	Balance as at March 30, 2014	$	—			$	—			$	—
	Remaining accrued amounts relating to the 2012 Plan in Markham are expected to be paid out in the second quarter of 2014.
	Subsequent to March 30, 2014, as part of the 2014 Plan, management communicated to staff that approximately 18 FTEs would be severed from the Markham head office and the positions will be replaced in the Mexico facility. The severance charges are expected to be up to $300 and will be recorded in the second quarter of 2014.

Note_10_Contingencies

Note 10 - Contingencies	3 Months Ended
	Mar. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies Disclosure [Text Block]	'
	10.      Contingencies
	In the normal course of business, the Company may be subject to litigation and claims from customers, suppliers and former employees. Management believes that adequate provisions have been recorded in the financial statements, as required. Although it is not possible to estimate the extent of potential costs, if any, management believes that ultimate resolution of such contingencies would not have a material adverse effect on the financial position, results of operations and cash flows of the Company.

Note_11_Derivative_Financial_I

Note 11 - Derivative Financial Instruments	3 Months Ended
	Mar. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Derivative Instruments and Hedging Activities Disclosure [Text Block]	'
	11.      Derivative financial instruments
	The Company entered into forward foreign exchange contracts to reduce its exposure to foreign exchange currency rate fluctuations related to forecasted Canadian dollar denominated payroll, rent and utility cash flows for fiscal 2014 and the first three months of fiscal 2015, and Mexican peso denominated payroll, rent and utility cash flows for fiscal 2014. These contracts were effective as hedges from an economic perspective, but did not meet the requirements for hedge accounting under ASC 815 “Derivatives and Hedging”. Accordingly, changes in the fair value of these contracts were recognized into net income in the consolidated statement of operations and comprehensive income (loss). The Company does not enter into forward foreign exchange contracts for trading or speculative purposes.
	The following table presents a summary of the outstanding foreign currency forward contracts as at March 30, 2014:
	Currency	Buy/Sell	Foreign Currency Amount		Notional Contract Value in USD
	Canadian Dollar	Buy	CAD 6,800		$	6,414
	Mexican Peso	Buy	MXN 233,647		$	18,000
	The unrealized gain recognized in earnings as a result of revaluing the instruments to fair value on March 30, 2014 was $92 (March 31, 2013 – $1,019) which was included in cost of sales in the consolidated statement of operations and comprehensive income (loss). The realized loss on these contracts was $450 (March 31, 2013 – realized gain $280), and is included as a component of cost of sales, in the consolidated statement of operations and comprehensive income (loss). Fair value was determined using the market approach with valuation based on market observables (Level 2 quantitative inputs in the hierarchy set forth under ASC 820 “Fair Value Measurements”).
	The following table presents the fair value of the Company’s derivative instruments included in the consolidated balance sheet as at March 30, 2014:
			March 30,
			2014				29-Dec-13
	Prepaid Expenses and Other Assets		$	—			$	—
	Accrued Liabilities			(384	)			(476	)
	Net fair value of derivative financial instruments		$	(384	)		$	(476	)

Note_12_Comparative_Consolidat

Note 12 - Comparative Consolidated Financial Statements	3 Months Ended
	Mar. 30, 2014
Disclosure Text Block [Abstract]	'
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	'
	12.      Comparative Consolidated Financial Statements
	Certain prior quarter figures have been reclassified in the consolidated financial statements to comply with the presentation for the quarter ended March 30, 2014.

Note_3_Consolidated_Financial_1

Note 3 - Consolidated Financial Statement Details (Tables)	3 Months Ended
	Mar. 30, 2014
Disclosure Text Block Supplement [Abstract]	'
Condensed Balance Sheet [Table Text Block]	'
		30-Mar-14			December 29,
					2013
	Accounts receivable	$	28,901		$	31,091
	Allowance for doubtful accounts		(270	)		(270	)
	Accounts receivable—net	$	28,631		$	30,821
		March 30,			December 29,
		2014			2013
	Raw materials	$	26,253		$	28,583
	Work in process		4,927			3,078
	Finished goods		4,381			3,849
	Parts		1,307			1,266
	Inventories	$	36,868		$	36,776
		March 30,			December 29,
		2014			2013
	Cost:
	Land	$	1,648		$	1,648
	Buildings		9,878			9,878
	Machinery and equipment (a)		29,685			29,505
	Office furniture and equipment		1,667			1,658
	Computer hardware and software (b)		5,194			5,153
	Leasehold improvements (c)		2,314			2,292
			50,386			50,134
	Less accumulated depreciation:
	Land		—			—
	Buildings		(6,914	)		(6,794	)
	Machinery and equipment (a)		(19,165	)		(18,409	)
	Office furniture and equipment		(1,405	)		(1,369	)
	Computer hardware and software (b)		(4,273	)		(4,119	)
	Leasehold improvements (c)		(1,286	)		(1,224	)
			(33,043	)		(31,915	)
	Property, plant and equipment—net	$	17,343		$	18,219
		30-Mar-14			December 29,
					2013
	Deferred financing costs	$	1,496		$	1,496
	Accumulated amortization		(1,325	)		(1,221	)
		$	171		$	275
		30-Mar-14			December 29,
					2013
	Customer related	$	867		$	943
	Payroll		2,945			3,666
	Professional services		754			611
	Restructuring (note 9)		32			630
	Vendor related		45			36
	Other		380			557
	Accrued liabilities	$	5,023		$	6,443
Condensed Income Statement [Table Text Block]	'
		Three months ended
		March 30, 2014			31-Mar-13
	Long-term debt	$	-		$	38
	Revolving credit facility		263			205
	Non-cash interest		104			91
	Obligations under capital leases		27			50
	Interest expense	$	394		$	384

Note_5_Capital_Stock_Tables

Note 5 - Capital Stock (Tables)	3 Months Ended
	Mar. 30, 2014
Stockholders' Equity Note [Abstract]	'
Schedule of Common Stock Outstanding Roll Forward [Table Text Block]	'
		Number			$
		of shares
	Common Stock
	Common shares:
	Balance at December 29, 2013		16,417,256	$	390
	Exchangeable shares converted to common stock		20		-
	Balance at March 30, 2014		16,417,276	$	390
	Total Common Stock		16,417,276	$	390
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	'
		Number		Weighted		Aggregate		Weighted
		of options		average		intrinsic		average
				exercise		value		remaining
				price				contractual
								term (years)
	Outstanding at December 29, 2013		435,000	$	2.5
	Outstanding at March 30, 2014		435,000	$	2.5	$	-		3.6
	Exercisable at March 30, 2014		208,334	$	2.49	$	-		3.3

Note_7_Earnings_Loss_Per_Commo1

Note 7 - Earnings (Loss) Per Common Share (Tables)	3 Months Ended
	Mar. 30, 2014
Earnings Per Share [Abstract]	'
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	'
		Three months ended
	(Number of common shares)	30-Mar-14		March 31,2013
	Basic weighted average shares outstanding		16,417,270		16,344,193
	Dilutive stock options(a)(b)		—		64,386
	Diluted weighted average shares outstanding		16,417,270		16,408,579

Note_8_Segmented_Information_T

Note 8 - Segmented Information (Tables)	3 Months Ended
	Mar. 30, 2014
Segment Reporting [Abstract]	'
Schedule of Segment Reporting Information, by Segment [Table Text Block]	'
		Three months ended
		30-Mar-14			31-Mar-13
	Revenues
	Mexico	$	38,757		$	48,868
	Asia		15,530			11,782
	Canada		-			5,980
	U.S.		12,692			10,504
	Total	$	66,979		$	77,134
	Intersegment revenue
	Mexico	$	(365	)	$	(4,861	)
	Asia		(3,266	)		(2,419	)
	Canada		-			(1,124	)
	U.S.		(5,325	)		(3,283	)
	Total	$	(8,956	)	$	(11,687	)
	Net external revenue
	Mexico	$	38,392		$	44,007
	Asia		12,264			9,363
	Canada		-			4,856
	U.S.		7,367			7,221
	Total	$	58,023		$	65,447
	Adjusted EBITDA
	Mexico	$	(482	)	$	2,530
	Asia		1,426			535
	Canada		(170	)		18
	U.S.		496			256
	Total	$	1,270		$	3,339
	Interest		394			384
	Restructuring charges		670			452
	Depreciation		1,128			909
	Earnings (loss) before income taxes	$	(922	)	$	1,594
		Three months ended
		30-Mar-14			31-Mar-13
	Mexico	$	177		$	411
	Asia		-			343
	Canada		20			74
	U.S.		55			66
	Total	$	252		$	894
		Three months ended
		March 30,			March 31,
		2014			2013
	U.S.	$	52,283		$	50,066
	Canada		4,375			11,686
	Europe		284			1,427
	Asia		1,077			2,247
	Mexico		4			21
	Total	$	58,023		$	65,447
Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country [Table Text Block]	'
		March 30,			December 29,
		2014			2013
	Mexico	$	11,674		$	12,236
	Asia		3,375			3,534
	Canada		341			399
	U.S.		1,953			2,050
	Total	$	17,343		$	18,219

Note_9_Restructuring_Charges_T

Note 9 - Restructuring Charges (Tables)	3 Months Ended
	Mar. 30, 2014
Restructuring and Related Activities [Abstract]	'
Restructuring and Related Costs [Table Text Block]	'
				Severance				Facility				Total
								exit costs
	2012 Plan
	Balance as at December 29, 2013			$	105			$	525			$	630
	Payments				(73	)			(525	)			(598	)
	Balance as at March 30, 2014			$	32			$	—			$	32
		Severance				Facility				Total
						exit costs
	2014 Plan
	Balance as at December 29, 2013	$	—			$	—			$	—
	Charges		670				—				670
	Payments		(670	)			—				(670	)
	Balance as at March 30, 2014	$	—			$	—			$	—

Note_11_Derivative_Financial_I1

Note 11 - Derivative Financial Instruments (Tables)	3 Months Ended
	Mar. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Schedule of Derivative Instruments [Table Text Block]	'
	Currency	Buy/Sell	Foreign Currency Amount		Notional Contract Value in USD
	Canadian Dollar	Buy	CAD 6,800		$	6,414
	Mexican Peso	Buy	MXN 233,647		$	18,000
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]	'
			March 30,
			2014				29-Dec-13
	Prepaid Expenses and Other Assets		$	—			$	—
	Accrued Liabilities			(384	)			(476	)
	Net fair value of derivative financial instruments		$	(384	)		$	(476	)

Note_3_Consolidated_Financial_2

Note 3 - Consolidated Financial Statement Details (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 30, 2014	Mar. 31, 2013
Note 3 - Consolidated Financial Statement Details (Details) [Line Items]	'	'
Depreciation	$1,128	$909
Machinery and Equipment [Member] | Assets Under Capital Lease [Member]	'	'
Note 3 - Consolidated Financial Statement Details (Details) [Line Items]	'	'
Depreciation	171	200
Machinery and Equipment [Member]	'	'
Note 3 - Consolidated Financial Statement Details (Details) [Line Items]	'	'
Capital Leased Assets, Gross	4,967	6,452
Capital Leases, Lessee Balance Sheet, Assets by Major Class, Accumulated Depreciation	1,676	1,383
Computer Equipment [Member] | Assets Under Capital Lease [Member]	'	'
Note 3 - Consolidated Financial Statement Details (Details) [Line Items]	'	'
Depreciation	40	33
Computer Equipment [Member]	'	'
Note 3 - Consolidated Financial Statement Details (Details) [Line Items]	'	'
Capital Leased Assets, Gross	481	400
Capital Leases, Lessee Balance Sheet, Assets by Major Class, Accumulated Depreciation	306	156
Leasehold Improvements [Member] | Assets Under Capital Lease [Member]	'	'
Note 3 - Consolidated Financial Statement Details (Details) [Line Items]	'	'
Depreciation	4	4
Leasehold Improvements [Member]	'	'
Note 3 - Consolidated Financial Statement Details (Details) [Line Items]	'	'
Capital Leased Assets, Gross	73	'
Capital Leases, Lessee Balance Sheet, Assets by Major Class, Accumulated Depreciation	$30	$16

Note_3_Consolidated_Financial_3

Note 3 - Consolidated Financial Statement Details (Details) - Consolidated Balance Sheets (USD $)	Mar. 30, 2014		Dec. 29, 2013
In Thousands, unless otherwise specified
Condensed Balance Sheet Statements, Captions [Line Items]	'		'
Accounts receivable	$28,901		$31,091
Allowance for doubtful accounts	-270		-270
Accounts receivable—net	28,631		30,821
Raw materials	26,253		28,583
Work in process	4,927		3,078
Finished goods	4,381		3,849
Parts	1,307		1,266
Inventories	36,868		36,776
Cost:	'		'
Property, Plant and Equipment, Cost	50,386		50,134
Less accumulated depreciation:	'		'
Property, Plant and Equipment, Accumulated Depreciation	-33,043		-31,915
Property, plant and equipment—net	17,343		18,219
Deferred financing costs	1,496		1,496
Accumulated amortization	-1,325		-1,221
	171		275
Accrued Liabilities	5,023		6,443
Land [Member]	'		'
Cost:	'		'
Property, Plant and Equipment, Cost	1,648		1,648
Building [Member]	'		'
Cost:	'		'
Property, Plant and Equipment, Cost	9,878		9,878
Machinery and Equipment [Member]	'		'
Cost:	'		'
Property, Plant and Equipment, Cost	29,685	[1]	29,505	[1]
Furniture and Fixtures [Member]	'		'
Cost:	'		'
Property, Plant and Equipment, Cost	1,667		1,658
Computer Equipment [Member]	'		'
Cost:	'		'
Property, Plant and Equipment, Cost	5,194	[2]	5,153	[2]
Leasehold Improvements [Member]	'		'
Cost:	'		'
Property, Plant and Equipment, Cost	2,314	[3]	2,292	[3]
Customer Related [Member]	'		'
Less accumulated depreciation:	'		'
Accrued Liabilities	867		943
Payroll [Member]	'		'
Less accumulated depreciation:	'		'
Accrued Liabilities	2,945		3,666
Professional services [Member]	'		'
Less accumulated depreciation:	'		'
Accrued Liabilities	754		611
Restructuring [Member]	'		'
Less accumulated depreciation:	'		'
Accrued Liabilities	32		630
Vendor Related [Member]	'		'
Less accumulated depreciation:	'		'
Accrued Liabilities	45		36
Other accrued liabilites [Member]	'		'
Less accumulated depreciation:	'		'
Accrued Liabilities	380		557
Building [Member]	'		'
Less accumulated depreciation:	'		'
Property, Plant and Equipment, Accumulated Depreciation	-6,914		-6,794
Machinery and Equipment [Member]	'		'
Less accumulated depreciation:	'		'
Property, Plant and Equipment, Accumulated Depreciation	-19,165	[1]	-18,409	[1]
Furniture and Fixtures [Member]	'		'
Less accumulated depreciation:	'		'
Property, Plant and Equipment, Accumulated Depreciation	-1,405		-1,369
Computer Equipment [Member]	'		'
Less accumulated depreciation:	'		'
Property, Plant and Equipment, Accumulated Depreciation	-4,273	[2]	-4,119	[2]
Leasehold Improvements [Member]	'		'
Less accumulated depreciation:	'		'
Property, Plant and Equipment, Accumulated Depreciation	($1,286)	[3]	($1,224)	[3]
[1]	Included within machinery and equipment were assets under capital leases with costs of $4,967 and $6,452 and associated accumulated depreciation of $1,676 and $1,383 as of March 30, 2014 and March 31, 2013, respectively. The related depreciation expense for the three months ended March 30, 2014 and March 31, 2013 were $171 and $200, respectively.
[2]	Included within computer hardware and software were assets under capital leases with costs of $481 and $400 and associated accumulated depreciation of $306 and $156 as at March 30, 2014 and March 31, 2013, respectively. The related depreciation expense for the three months ended March 30, 2014 and March 31, 2013 were $40 and $33, respectively.
[3]	Included within leasehold improvements were assets under capital leases with costs of $73 and associated accumulated depreciation of $30 and $16 as of March 30, 2014 and March 31, 2013, respectively. The related depreciation expense was $4 for the three months ended March 30, 2014 and March 31, 2013.

Note_3_Consolidated_Financial_4

Note 3 - Consolidated Financial Statement Details (Details) - Consolidated Statements of Operations and Comprehensive Income (Loss) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 30, 2014	Mar. 31, 2013
Consolidated Statements of Operations and Comprehensive Income (Loss) [Abstract]	'	'
Long-term debt	'	$38
Revolving credit facility	263	205
Non-cash interest	104	91
Obligations under capital leases	27	50
Interest expense	$394	$384

Note_4_Debt_Details

Note 4 - Debt (Details)	Apr. 07, 2014	Mar. 30, 2014	Mar. 30, 2014	Mar. 30, 2014	Mar. 30, 2014	Mar. 30, 2014	Dec. 29, 2013	Dec. 29, 2013
	Subsequent Event [Member]	United States of America, Dollars	United States of America, Dollars	Canada, Dollars	PNC Facility [Member]	PNC Facility [Member]	PNC Facility [Member]	PNC Facility [Member]
	PNC Facility [Member]	Base Rate [Member]	Base Rate [Member]	Base Rate [Member]	USD ($)	CAD	USD ($)	CAD
	USD ($)	PNC Facility [Member]	Canadian Facility [Member]	PNC Facility [Member]
Note 4 - Debt (Details) [Line Items]	'	'	'	'	'	'	'	'
Debt Instrument, Basis Spread on Variable Rate	'	1.75%	1.75%	1.75%	'	'	'	'
Line of Credit Facility, Amount Outstanding	'	'	'	'	$19,853,000	129,000	$20,222,000	618,000
Line of Credit Facility, Maximum Borrowing Capacity	$40,000,000	'	'	'	'	'	$45,000,000	'

Note_5_Capital_Stock_Details

Note 5 - Capital Stock (Details) (USD $)	3 Months Ended		12 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 30, 2014	Mar. 31, 2013	Dec. 29, 2013	Dec. 31, 2013
Note 5 - Capital Stock (Details) [Line Items]	'	'	'	'
Common Stock, Shares Authorized	26,000,000	'	26,000,000	'
Common Stock, Par or Stated Value Per Share (in Dollars per share)	$0.01	'	'	$0.01
Common Stock, Voting Rights	'one	'	'one	'
Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition (in Dollars)	$45	$100	'	'
Deferred Stock Units [Member]	'	'	'	'
Note 5 - Capital Stock (Details) [Line Items]	'	'	'	'
Allocated Share-based Compensation Expense (in Dollars)	$17	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number	109,170	'	0	'
Special Voting Stock[Member]	'	'	'	'
Note 5 - Capital Stock (Details) [Line Items]	'	'	'	'
Common Stock, Shares Authorized	5,000,000	'	5,000,000	'
Common Stock, Par or Stated Value Per Share (in Dollars per share)	$0.01	'	'	'
Preferred Stock, Par or Stated Value Per Share (in Dollars per share)	'	'	0.01	'

Note_5_Capital_Stock_Details_C

Note 5 - Capital Stock (Details) - Common Shares Issued and Outstanding (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 30, 2014	Dec. 29, 2013
Common Shares Issued and Outstanding [Abstract]	'	'
Number of shares	16,417,276	16,417,256
Amount (in Dollars)	$390	$390
Exchangeable shares converted to common stock	20	'

Note_5_Capital_Stock_Details_S

Note 5 - Capital Stock (Details) - Stock Option Activity (USD $)	3 Months Ended
	Mar. 30, 2014	Dec. 29, 2013
Stock Option Activity [Abstract]	'	'
Outstanding, number	435,000	435,000
Outstanding, weighted average exercise price	$2.50	$2.50
Outstanding, weighted average remaining contractual term	'3 years 219 days	'
Exercisable at March 30, 2014	208,334	'
Exercisable at March 30, 2014	$2.49	'
Exercisable at March 30, 2014	'3 years 109 days	'

Note_6_Income_Taxes_Details

Note 6 - Income Taxes (Details) (USD $)	3 Months Ended
	Mar. 30, 2014	Mar. 31, 2013	Dec. 29, 2013
Note 6 - Income Taxes (Details) [Line Items]	'	'	'
Income Tax Expense (Benefit)	$183,000	$428,000	'
Operating Loss Carryforwards	88,200,000	'	'
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	248,000	'	274,000
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	76,000	'	73,000
Expire in 2014 [Member]	'	'	'
Note 6 - Income Taxes (Details) [Line Items]	'	'	'
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration	10,200,000	'	'
Expire in 2015 [Member]	'	'	'
Note 6 - Income Taxes (Details) [Line Items]	'	'	'
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration	4,100,000	'	'
Expire in 2018 [Member]	'	'	'
Note 6 - Income Taxes (Details) [Line Items]	'	'	'
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration	1,100,000	'	'
Expire in 2023 [Member]	'	'	'
Note 6 - Income Taxes (Details) [Line Items]	'	'	'
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration	20,600,000	'	'
Expire in 2026 [Member]	'	'	'
Note 6 - Income Taxes (Details) [Line Items]	'	'	'
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration	3,400,000	'	'
Expire in 2027 [Member]	'	'	'
Note 6 - Income Taxes (Details) [Line Items]	'	'	'
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration	500,000	'	'
Expire in 2028 [Member]	'	'	'
Note 6 - Income Taxes (Details) [Line Items]	'	'	'
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration	$4,300,000	'	'

Note_7_Earnings_Loss_Per_Commo2

Note 7 - Earnings (Loss) Per Common Share (Details) (USD $)	3 Months Ended
	Mar. 30, 2014	Mar. 31, 2013
		Equity Option [Member]
Note 7 - Earnings (Loss) Per Common Share (Details) [Line Items]	'	'
Treasury Stock Method, Dilutive Options Average Share Price Used	$2.48	'
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	'	927,000

Note_7_Earnings_Loss_Per_Commo3

Note 7 - Earnings (Loss) Per Common Share (Details) - Common Shares Outstanding for Basic and Diluted Earnings Per Share	3 Months Ended
	Mar. 30, 2014		Mar. 31, 2013
Common Shares Outstanding for Basic and Diluted Earnings Per Share [Abstract]	'		'
Basic weighted average shares outstanding	16,417,270		16,344,193
Dilutive stock options(a)(b)	'	[1],[2]	64,386	[1],[2]
Diluted weighted average shares outstanding	16,417,270		16,408,579
[1]	For the three months ended March 30, 2014, as a result of a net loss for the period, dilutive earnings per share was calculated using the basic weighted average shares outstanding as the effect of potential common shares would have been anti-dilutive.
[2]	For the three months ended March 31, 2013, as a result of net income for the period, dilutive options were determined using the treasury stock method, using an average share price of $2.48 per share. For the three months ended March 31, 2013, the calculation did not include 927,000 stock options, as the effect would have been anti-dilutive.

Note_8_Segmented_Information_D

Note 8 - Segmented Information (Details)

9 Months Ended

3 Months Ended

12 Months Ended

3 Months Ended

12 Months Ended

3 Months Ended

12 Months Ended

Sep. 29, 2013

Mar. 30, 2014

Mar. 31, 2013

Mar. 30, 2014

Dec. 29, 2013

Mar. 30, 2014

Mar. 31, 2013

Mar. 30, 2014

Dec. 29, 2013

Mar. 30, 2014

Mar. 30, 2014

Dec. 29, 2013

Major Customer 1 [Member]

Major Customer 1 [Member]

Major Customer 1 [Member]

Major Customer 1 [Member]

Major Customer 2 [Member]

Major Customer 2 [Member]

Major Customer 2 [Member]

Major Customer 2 [Member]

Major Customer 3 [Member]

Major Customer 3 [Member]

Major Customer 3 [Member]

Customer Concentration Risk [Member]

Customer Concentration Risk [Member]

Customer Concentration Risk [Member]

Customer Concentration Risk [Member]

Customer Concentration Risk [Member]

Customer Concentration Risk [Member]

Customer Concentration Risk [Member]

Customer Concentration Risk [Member]

Customer Concentration Risk [Member]

Customer Concentration Risk [Member]

Customer Concentration Risk [Member]

Sales Revenue, Net [Member]

Sales Revenue, Net [Member]

Accounts Receivable [Member]

Accounts Receivable [Member]

Sales Revenue, Net [Member]

Sales Revenue, Net [Member]

Accounts Receivable [Member]

Accounts Receivable [Member]

Sales Revenue, Net [Member]

Accounts Receivable [Member]

Accounts Receivable [Member]

Note 8 - Segmented Information (Details) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Number of Operating Segments

1

'

'

'

'

'

'

'

'

'

'

'

Concentration Risk, Percentage

'

36.10%

37.50%

22.00%

22.30%

13.60%

10.20%

19.00%

17.70%

10.60%

16.00%

12.30%

Note_8_Segmented_Information_D1

Note 8 - Segmented Information (Details) - Segment Reporting Information, by Segment (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 30, 2014	Mar. 31, 2013
Revenues	'	'
Revenues	$58,023	$65,447
Adjusted EBITDA	'	'
Adjusted EBITDA	1,270	3,339
Interest	394	384
Restructuring charges	670	452
Depreciation	1,128	909
Earnings (loss) before income taxes	-922	1,594
Additions to Property, Plant and Equipment	252	894
Reportable Geographical Components [Member] | MEXICO	'	'
Revenues	'	'
Revenues	38,757	48,868
Reportable Geographical Components [Member] | Asia [Member]	'	'
Revenues	'	'
Revenues	15,530	11,782
Reportable Geographical Components [Member] | CANADA	'	'
Revenues	'	'
Revenues	'	5,980
Reportable Geographical Components [Member] | UNITED STATES	'	'
Revenues	'	'
Revenues	12,692	10,504
Reportable Geographical Components [Member]	'	'
Revenues	'	'
Revenues	66,979	77,134
Geography Eliminations [Member] | MEXICO	'	'
Revenues	'	'
Revenues	-365	-4,861
Geography Eliminations [Member] | Asia [Member]	'	'
Revenues	'	'
Revenues	-3,266	-2,419
Geography Eliminations [Member] | CANADA	'	'
Revenues	'	'
Revenues	'	-1,124
Geography Eliminations [Member] | UNITED STATES	'	'
Revenues	'	'
Revenues	-5,325	-3,283
Geography Eliminations [Member]	'	'
Revenues	'	'
Revenues	-8,956	-11,687
Product Shipment Destination [Member] | MEXICO	'	'
Revenues	'	'
Revenues	4	21
Product Shipment Destination [Member] | Asia [Member]	'	'
Revenues	'	'
Revenues	1,077	2,247
Product Shipment Destination [Member] | CANADA	'	'
Revenues	'	'
Revenues	4,375	11,686
Product Shipment Destination [Member] | UNITED STATES	'	'
Revenues	'	'
Revenues	52,283	50,066
Product Shipment Destination [Member] | Europe [Member]	'	'
Revenues	'	'
Revenues	284	1,427
Product Shipment Destination [Member]	'	'
Revenues	'	'
Revenues	58,023	65,447
MEXICO	'	'
Revenues	'	'
Revenues	38,392	44,007
Adjusted EBITDA	'	'
Adjusted EBITDA	-482	2,530
Additions to Property, Plant and Equipment	177	411
Asia [Member]	'	'
Revenues	'	'
Revenues	12,264	9,363
Adjusted EBITDA	'	'
Adjusted EBITDA	1,426	535
Additions to Property, Plant and Equipment	'	343
CANADA	'	'
Revenues	'	'
Revenues	'	4,856
Adjusted EBITDA	'	'
Adjusted EBITDA	-170	18
Additions to Property, Plant and Equipment	20	74
UNITED STATES	'	'
Revenues	'	'
Revenues	7,367	7,221
Adjusted EBITDA	'	'
Adjusted EBITDA	496	256
Additions to Property, Plant and Equipment	$55	$66

Note_8_Segmented_Information_D2

Note 8 - Segmented Information (Details) - Long-lived Assets in Individual Geographic Areas (USD $)	Mar. 30, 2014	Dec. 29, 2013
In Thousands, unless otherwise specified
Note 8 - Segmented Information (Details) - Long-lived Assets in Individual Geographic Areas [Line Items]	'	'
Long-lived assets	$17,343	$18,219
MEXICO	'	'
Note 8 - Segmented Information (Details) - Long-lived Assets in Individual Geographic Areas [Line Items]	'	'
Long-lived assets	11,674	12,236
Asia [Member]	'	'
Note 8 - Segmented Information (Details) - Long-lived Assets in Individual Geographic Areas [Line Items]	'	'
Long-lived assets	3,375	3,534
CANADA	'	'
Note 8 - Segmented Information (Details) - Long-lived Assets in Individual Geographic Areas [Line Items]	'	'
Long-lived assets	341	399
UNITED STATES	'	'
Note 8 - Segmented Information (Details) - Long-lived Assets in Individual Geographic Areas [Line Items]	'	'
Long-lived assets	$1,953	$2,050

Note_9_Restructuring_Charges_D

Note 9 - Restructuring Charges (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 30, 2014	Mar. 31, 2013	Jun. 29, 2014	Jun. 29, 2014	Mar. 30, 2014	Mar. 30, 2014	Mar. 30, 2014	Mar. 31, 2013	Mar. 30, 2014	Mar. 30, 2014
			Scenario, Forecast [Member]	Scenario, Forecast [Member]	Employee Severance [Member]	Employee Severance [Member]	Facility Closing [Member]	Facility Closing [Member]	2012 Plan [Member]	2014 Plan [Member]
			Facility Closing [Member]	Maximum [Member]	2012 Plan [Member]	2014 Plan [Member]	2012 Plan [Member]	2012 Plan [Member]
			2014 Plan [Member]
Note 9 - Restructuring Charges (Details) [Line Items]	'	'	'	'	'	'	'	'	'	'
Restructuring Reserve, Period Increase (Decrease)	'	'	'	'	'	'	'	'	$0	'
Payments for Restructuring	'	'	'	'	73	670	525	'	598	670
Restructuring and Related Cost, Incurred Cost	'	'	'	'	'	'	'	'	'	670
Restructuring and Related Cost, Number of Positions Eliminated	'	'	18	'	'	'	'	7	'	290
Restructuring Charges	670	452	'	'	'	670	'	452	'	670
Severance Costs	'	'	'	$300	'	'	'	'	'	'

Note_9_Restructuring_Charges_D1

Note 9 - Restructuring Charges (Details) - Changes in Restructuring Accrual (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 30, 2014	Mar. 31, 2013	Dec. 29, 2013
Restructuring Cost and Reserve [Line Items]	'	'	'
Charges	$670	$452	'
2012 Plan [Member] | Employee Severance [Member]	'	'	'
Restructuring Cost and Reserve [Line Items]	'	'	'
Balance	32	'	105
Payments	-73	'	'
2012 Plan [Member] | Facility Closing [Member]	'	'	'
Restructuring Cost and Reserve [Line Items]	'	'	'
Balance	'	'	525
Charges	'	452	'
Payments	-525	'	'
2012 Plan [Member]	'	'	'
Restructuring Cost and Reserve [Line Items]	'	'	'
Balance	32	'	630
Payments	-598	'	'
2014 Plan [Member] | Employee Severance [Member]	'	'	'
Restructuring Cost and Reserve [Line Items]	'	'	'
Charges	670	'	'
Payments	-670	'	'
2014 Plan [Member]	'	'	'
Restructuring Cost and Reserve [Line Items]	'	'	'
Charges	670	'	'
Payments	($670)	'	'

Note_11_Derivative_Financial_I2

Note 11 - Derivative Financial Instruments (Details) (Cost of Sales [Member], USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 30, 2014	Mar. 31, 2013
Cost of Sales [Member]	'	'
Note 11 - Derivative Financial Instruments (Details) [Line Items]	'	'
Unrealized Gain (Loss) on Derivatives	$92	$1,019
Gain (Loss) on Sale of Derivatives	($450)	$280

Note_11_Derivative_Financial_I3

Note 11 - Derivative Financial Instruments (Details) - Outstanding Foreign Currency Forward Contracts (USD $)	Mar. 30, 2014	Dec. 29, 2013	Mar. 30, 2014	Mar. 30, 2014
In Thousands, unless otherwise specified			Canada, Dollars	Mexico, Pesos
			Foreign Exchange Forward [Member]	Foreign Exchange Forward [Member]
Derivative [Line Items]	'	'	'	'
Derivative Activity	'	'	'Buy	'Buy
Foreign Currency Amount	$0	$0	$6,800	$233,647
Notional Contract Value in USD	'	'	$6,414	$18,000

Note_11_Derivative_Financial_I4

Note 11 - Derivative Financial Instruments (Details) - Fair Value of Derivative Instruments (USD $)	Mar. 30, 2014	Dec. 29, 2013
In Thousands, unless otherwise specified
Fair Value of Derivative Instruments [Abstract]	'	'
Prepaid Expenses and Other Assets	$0	$0
Accrued Liabilities	-384	-476
Net fair value of derivative financial instruments	($384)	($476)