SMTC (SMTX) 10-Q 29 Jul 15 2015 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 28, 2015	Jul. 28, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	SMTC CORP
Trading Symbol	SMTX
Document Type	10-Q
Current Fiscal Year End Date	--12-27
Entity Common Stock, Shares Outstanding		16,417,276
Amendment Flag	false
Entity Central Index Key	1,108,320
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	Jun. 28, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2

Interim Consolidated Balance Sh

Interim Consolidated Balance Sheets (Unaudited) - Scenario, Unspecified [Domain] - USD ($) $ in Thousands	Jun. 28, 2015	Dec. 28, 2014
Current assets:
Cash	$ 6,102	$ 5,447
Accounts receivable—net (note 4)	31,351	31,024
Inventories (note 4)	34,116	31,590
Prepaid expenses and other assets	2,142	2,135
Income taxes receivable	311	359
Deferred income taxes—net	487	428
	74,509	70,983
Property, plant and equipment—net (note 4)	17,035	17,590
Deferred financing costs—net	85	90
	91,629	88,663
Current liabilities:
Accounts payable	31,716	29,425
Accrued liabilities (note 4)	7,463	7,080
Derivative liabilities (note 10)	2,232	2,703
Income taxes payable	374	449
Revolving credit facility (note 5)	22,080	21,370
Current portion of capital lease obligations	716	980
	64,581	62,007
Capital lease obligations	495	866
Shareholders’ equity:
Capital stock (note 6)	390	390
Additional paid-in capital	264,214	263,996
Deficit	(238,051)	(238,596)
	26,553	25,790
	$ 91,629	$ 88,663

Interim Consolidated Statements

Interim Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - Scenario, Unspecified [Domain] - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014
Revenue	$ 57,741	$ 57,984	$ 106,455	$ 116,007
Cost of sales (note 10)	52,311	52,151	97,397	105,463
Gross profit	5,430	5,833	9,058	10,544
Selling, general and administrative expenses	3,961	4,504	7,626	8,747
Loss on disposal of property, plant and equipment	3		3
Restructuring charges		509		1,179
Operating earnings	1,466	820	1,429	618
Interest expense (note 4)	304	473	614	867
Earnings (loss) before income taxes	1,162	347	815	(249)
Income tax expense (recovery) (note 7):
Current	157	265	329	445
Deferred	36	(5)	(59)	(2)
	193	260	270	443
Net earnings (loss) and comprehensive income (loss)	$ 969	$ 87	$ 545	$ (692)	[1]
Basic
Basic (in Dollars per share)	$ 0.06	$ 0.01	$ 0.03	$ (0.04)
Diluted (in Dollars per share)	$ 0.06	$ 0.01	$ 0.03	$ (0.04)
Weighted average number of shares outstanding (note 8):
Basic (in Shares)	16,417,276	16,417,276	16,417,276	16,417,273
Diluted (in Shares)	16,417,276	16,417,276	16,417,276	16,417,273
[1]	Revised net loss and deficit to adjust for prior period errors. Refer to Note 2 for further details.

Interim Consolidated Statement4

Interim Consolidated Statements of Changes in Shareholders’ Equity (Unaudited) - USD ($) $ in Thousands		Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance at beggining of period at Dec. 29, 2013	[1]	$ 390	$ 263,732	$ (234,718)	$ 29,404
Stock-based compensation			$ 105		105
Net earnings (loss)	[1]			(692)	(692)
Balance at end of period at Jun. 29, 2014		$ 390	$ 263,837	(235,410)	28,817
Balance at beggining of period at Dec. 28, 2014		390	263,996	(238,596)	25,790
Stock-based compensation			218		218
Net earnings (loss)				545	545
Balance at end of period at Jun. 28, 2015		$ 390	$ 264,214	$ (238,051)	$ 26,553
[1]	Revised net loss and deficit to adjust for prior period errors. Refer to Note 2 for further details.

Interim Consolidated Statement5

Interim Consolidated Statements of Cash Flows (Unaudited) - Scenario, Unspecified [Domain] - USD ($) $ in Thousands	6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014
Operations:
Net earnings (loss)	$ 545	$ (692)	[1]
Items not involving cash:
Depreciation	1,995	1,932
Unrealized gain on derivative financial instruments	(471)	(1,094)
Loss on sale of property, plant and equipment	3
Deferred income taxes	(59)	(2)
Amortization of deferred financing fees	15	240
Stock-based compensation	218	105
Change in non-cash operating working capital:
Accounts receivable	(327)	313
Inventories	(2,526)	(2,420)
Prepaid expenses and other assets	(7)	220
Income taxes receivable/payable	(27)	(351)
Accounts payable	2,222	2,291	[2]
Accrued liabilities	384	(285)	[2]
	1,965	257
Financing:
Net advances on revolving credit facility	710	1,528
Principal payment of capital lease obligations	(635)	(1,014)
Deferred financing fees	(10)	(100)
	65	414
Investing:
Purchase of property, plant and equipment	(1,378)	(747)
Proceeds from sale of property, plant and equipment	3	10
	(1,375)	(737)	[2]
Increase (decrease) in cash	655	(66)
Cash, beginning of period	5,447	3,295
Cash, end of the period	6,102	3,229
Supplemental Information
Property, plant and equipment acquired that was included in accounts payable and accrued liabilities	$ 208	$ 228
[1]	Revised net loss and deficit to adjust for prior period errors. Refer to Note 2 for further details.
[2]	The net change of $95 related to purchases of property, plant and equipment that were unpaid in cash as at June 29, 2014 and therefore reflect decreases to accounts payable and accrued liabilities, respectively and a corresponding reduction in cash used by investing.

Note 1 - Nature of the Business

Note 1 - Nature of the Business	6 Months Ended
	Jun. 28, 2015
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. 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 28, 2014, (“Form 10-K”) filed with the Securities and Exchange Commission (the “SEC”) on March 30, 2015. 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 statement of the consolidated financial statements 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 contained in the Company’s Form 10-K. The consolidated balance sheet at December 28, 2014 was derived from the audited annual consolidated financial statements, but does not contain all of the footnote disclosures from the annual consolidated financial statements.

Note 2 - Revisions of Previousl

Note 2 - Revisions of Previously Issued Financial Statements	6 Months Ended
	Jun. 28, 2015
Accounting Changes and Error Corrections [Abstract]
Accounting Changes and Error Corrections [Text Block]	2. Revisions of Previously Issued Financial Statements In connection with the preparation of the consolidated financial statements of the Company for the year ended December 28, 2014, the Company identified certain errors in its previously issued consolidated financial statements for the periods ended December 29, 2013, December 30, 2012 and opening January 2, 2012. The errors related to (i) an understatement of amortization expense due to an error uncovered in the Company’s amortization schedule; (ii) an understatement of unrealized losses related to the mark to market revaluation of outstanding derivative forward contracts; (iii) an understatement of employee benefit obligations related to seniority premiums earned by Mexican employees; (iv) overstatement of deferred tax assets associated with temporary differences on certain benefit obligations in Mexico; and (v) an overstatement of cash used in investing activities related to unpaid purchases of property, plant and equipment and a corresponding understatement of accounts payable and accrued liabilities impacting cash flow from operations and (vi) reclassification of previously reported gross revenues and intersegment revenue elimination between Mexico and China. The following table summarizes the selected line items from the Company’s unaudited interim consolidated financial statements illustrating the effect of these adjustments to the comparative quarter and period year to date. Impact on the Unaudited Interim Consolidated Statements of Operations and Comprehensive Loss In thousands, except per share data Three months ended June 29, 2014 As previously filed Adjustment Three months ended June 29, 2014 As adjusted Cost of sales – unrealized gain on derivative instruments (2) $ (797 ) $ (54 ) $ (851 ) Gross profit 5,779 54 5,833 Operating earnings 766 54 820 Net earnings and comprehensive income $ 33 $ 54 $ 87 Basic and diluted earnings per share $ 0.01 $ 0.01 Impact on the Unaudited Interim Consolidated Statements of Operations and Comprehensive Loss In thousands, except per share data Six months ended June 29, 2014 As previously filed Adjustment Six months ended June 29, 2014 As adjusted Cost of sales – unrealized gain on derivative instruments (2) $ (889 ) $ (205 ) $ (1,094 ) Cost of sales – depreciation (1) 2,107 (175 ) 1,932 Gross profit 10,164 380 10,544 Operating earnings 238 380 618 Net loss and comprehensive loss $ (1,072 ) $ 380 $ (692 ) Basic and diluted loss per share $ (0.07 ) $ (0.04 ) Impact on the Interim Consolidated Statement of Changes in Shareholders’ Equity In thousands June 29, 2014 As previously filed Adjustment June 29, 2014 As adjusted Shareholders’ equity – deficit (3) $ (234,072 ) $ (1,338 ) $ (235,410 ) Impact on the Interim Consolidated Statement of Cash Flow In thousands Six months ended June 29, 2014 As previously filed Adjustment Six months ended June 29, 2014 As adjusted Net loss $ (1,072 ) $ 380 $ (692 ) Items not involving cash: Depreciation 2,107 (175 ) 1,932 Unrealized gain on derivative instruments (889 ) (205 ) (1,094 ) Accounts payable (4) 2,369 (78 ) 2,291 Accrued liabilities (4) (268 ) (17 ) (285 ) Cash flow provided by operations 352 (95 ) 257 Cash flow used by investing (4) (832 ) 95 (737 ) (1) Cost of sales has been reduced by $175 for the six months ended June 29, 2014 on the unaudited interim consolidated statement of operations and comprehensive loss related to a reduction to amortization of $175 due to an error. There was no impact on the three months ended June 29, 2014 as the error occurred in the three months ended March 30, 2014. (2) Cost of sales has also been reduced by $54 and $205 for the three and six months ended June 29, 2014 respectively, related to the revaluation of the outstanding derivative forward contracts. (3) The total net change of ($1,338) to the deficit was the result of the opening, fiscal 2014 cumulative understatement of expenses of ($1,718) related to the prior period errors, which was offset by the reductions to cost of sales of $380 for the six months ended June 29, 2014 as described above. (4) The net change of $95 related to purchases of property, plant and equipment that were unpaid in cash as at June 29, 2014 and therefore reflect decreases to accounts payable and accrued liabilities, respectively and a corresponding reduction in cash used by investing.

Note 3 - Recently Adopted Accou

Note 3 - Recently Adopted Accounting Pronouncements	6 Months Ended
	Jun. 28, 2015
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	3. Recently Adopted Accounting Pronouncements In April 2014, the FASB published ASU 2014-08 Topics 205 and 360: Presentation of Financial Statements and Property, Plant and Equipment. The amendments change the criteria for reporting discontinued operations and add new disclosure requirements for discontinued operations and individually significant components of an entity that are disposed of or classified as held for sale but do not meet the definition of discontinued operation. The amendments are effective for years beginning on/after December 15, 2014, and interim periods within those years. The adoption of ASU 2014-08 had no impact on our consolidated financial statements. Recent Accounting Pronouncements In May 2014, the FASB published ASU 2014-09 Topic 606: Revenue from Contracts with Customers, which supersedes (i) revenue recognition requirements in Topic 605 and most related industry-specific guidance, and (ii) cost guidance included in Subtopic 605-35, Revenue Recognition—Construction-Type and Production-Type Contracts, and amends existing requirements for recognition of a gain/loss on the transfer of nonfinancial assets that are not in a contract with a customer (for example, assets within the scope of Topic 360, Property, Plant, and Equipment, and intangible assets within the scope of Topic 350, Intangibles—Goodwill and Other) to be consistent with the new requirements. The standard is effective for years beginning after December 15, 2016 including interim periods with those years. The impact of adoption of the standard has not yet been determined. In June 2014, the FASB published ASU 2014-12 Topic 718: Compensation – Stock Compensation. The standard is amended to require that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. The standard is effective for all entities for years, and interim periods within those years, beginning after December 15, 2015. The impact of adoption of the standard has not yet been determined. In August 2014, the FASB published ASU 2014-15 Topics 205-40: Presentation of Financial Statements – Going Concern. The standard provides guidance about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern or to provide related footnote disclosures. Effective for years ending after December 15, 2016 and for years and interim periods thereafter. The impact of adoption of the standard has not yet been determined. In April 2015, the FASB published ASU 2015-03 Topics 835-30: Presentation of Debt Issuance Costs. The standard provides guidance about simplifying the presentation of debt issuance costs. Under this ASU, an entity presents such costs in the balance sheet as a direct deduction from the related debt liability rather than as an asset. Amortization of the costs is reported as interest expense. Effective for fiscal years and interim periods within those fiscal years, beginning after December 15, 2015. The impact of adoption of the standard has not yet been determined. In April 2015, the FASB published ASU 2015-04: Retirement Benefits (Topic 715). The amendments intend to reduce complexity by providing a practical expedient that permits the entity to measure defined benefit plan assets and obligations using the month-end that is closest to the entity’s fiscal year-end and apply that practical expedient consistently from year to year. The amendments in this Update are effective for public business entities for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. For all other entities, the amendments in this Update are effective for financial statements issued for fiscal years beginning after December 15, 2016, and interim periods within fiscal years beginning after December 15, 2017. Earlier application is permitted. The impact of adoption of the standard has not yet been determined. In June 2015, the FASB published ASU 2015-10: Technical Corrections and Improvements. The amendments in this Update cover a wide range of topics in the Codification including; guidance clarification and reference corrections, simplification and minor improvements. Transition guidance varies based on the amendments in this Update. The amendments in this Update that require transition guidance are effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted, including adoption in an interim period. All other amendments will be effective upon the issuance of this Update. The impact of adoption of the standard has not yet been determined.

Note 4 - Interim Consolidated F

Note 4 - Interim Consolidated Financial Statement Details	6 Months Ended
	Jun. 28, 2015
Disclosure Text Block Supplement [Abstract]
Condensed Financial Statements [Text Block]	4. Interim 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: June 28, 2015 December 28, 2014 Accounts receivable $ 31,614 $ 31,354 Allowance for doubtful accounts (263 ) (330 ) Accounts receivable—net $ 31,351 $ 31,024 Inventories: June 28, 2015 December 28, 2014 Raw materials $ 25,659 $ 25,973 Work in process 5,387 2,099 Finished goods 2,248 2,743 Parts 822 775 Inventories $ 34,116 $ 31,590 Inventories are recorded net of a provision for obsolescence as at June 28, 2015 and December 28, 2014 of $607 and $475 respectively. Property, plant and equipment – net: June 28, 2015 December 28 , 4 Cost (a): Land $ 1,648 $ 1,648 Buildings 9,853 9,878 Machinery and equipment (b) 30,016 31,592 Office furniture and equipment 582 1,690 Computer hardware and software (c) 3,048 5,930 Leasehold improvements (d) 2,962 2,456 48,109 53,194 Less accumulated depreciation (a): Land — — Buildings (7,487 ) (7,275 ) Machinery and equipment (b) (19,138 ) (20,545 ) Office furniture and equipment (463 ) (1,513 ) Computer hardware and software (c) (1,945 ) (4,774 ) Leasehold improvements (d) (2,041 ) (1,497 ) (31,074 ) (35,604 ) Property, plant and equipment—net $ 17,035 $ 17,590 (a) During the quarter ended June 28, 2015, the Company wrote off fully depreciated assets that were no longer in use with a cost and accumulated depreciation value of $6,522. (b) Included within machinery and equipment were assets under capital leases with costs of $3,153 and $3,495 as at June 28, 2015, and December 28, 2014, respectively and associated accumulated depreciation of $988 and $916 as of June 28, 2015 and December 28, 2014, respectively. The related depreciation expense for the three months ended June 28, 2015 and June 29, 2014 were $124 and $169, respectively. The related depreciation expense for the six months ended June 28, 2015 and June 29, 2014 was $237 and $341, respectively. (c) Included within computer hardware and software were assets under capital leases with costs of $119 and $524 as at June 28, 2015 and December 28, 2014, respectively and associated accumulated depreciation of $67 and $350 as at June 28, 2015, and December 28, 2014, respectively. The related depreciation expense for the three months ended June 28, 2015 and June 29, 2014 was $19 and $44, respectively. The related depreciation for the six months ended June 28, 2015 and June 29, 2014 was $29 and $84, respectively. (d) Included within leasehold improvements were assets under capital leases with costs of $nil as at June 28, 2015 and $73 as at December 28, 2014, and associated accumulated depreciation of $nil and $42 as at June 28, 2015, and December 28, 2014, respectively. The related depreciation expense for the three and six months ended June 28, 2015 was $2. The related depreciation expense for the three and six months ended June 29, 2014 was $3 and $7, respectively. Accrued liabilities: June 28, 2015 December 28, 2014 Customer related $ 3,561 $ 2,074 Payroll 2,990 4,014 Professional services 286 395 Vendor related 368 29 Other 258 568 Accrued liabilities $ 7,463 $ 7,080 Interim consolidated statements of operations and comprehensive income (loss) Interest expense: Three months ended Six months ended June 28, 2015 June 29, 2014 June 28, 2015 June 29, 2014 Revolving credit facility 270 289 $ 530 552 Amortization of deferred financing fees 7 136 15 240 Obligations under capital leases 27 48 69 75 Interest expense $ 304 $ 473 $ 614 $ 867

Note 5 - Debt

Note 5 - Debt	6 Months Ended
	Jun. 28, 2015
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	5. Debt (a) Revolving credit facility The Company borrows money under a Revolving Credit and Security Agreement with PNC Bank, National Association (“PNC”). On September 24, 2014, an amendment to the PNC Facility was signed and the term of the PNC Facility was extended to January 2, 2018. Advances made under the PNC Facility bear interest at the U.S. base rate plus 1.25%. Depending on the Company’s consolidated fixed charge coverage ratio, there is an opportunity to reduce the interest rate to U.S. base rate plus 0.75%. The base commercial lending rate should approximate prime rate. The effective weighted average interest rate for the three and six months ended June 28, 2015 was 4.50% compared to 4.91% and 4.46%, respectively for the three and six months ended June 29, 2014. At June 28, 2015, $22,080 was outstanding under the PNC Facility, compared to $21,370 as at December 28, 2014 and is classified as a current liability based on the terms of the PNC Facility. The maximum amount of funds available under the PNC Facility is $40,000. Availability under the PNC Facility is subject to certain conditions, including borrowing base conditions based on eligible inventory and accounts receivable, and certain conditions as determined by the lender. 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 this 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. Repayment under the PNC Facility is secured by the assets of the Company and each of its subsidiaries. (b) Covenants The PNC Facility agreement contains certain financial and non-financial covenants. The financial covenants require the Company to maintain minimum fixed charge coverage ratio and limit unfunded capital expenditures (all as defined in the credit agreement governing the PNC Facility). The financial covenant relating to a minimum fixed charge coverage ratio is in effect for three months ending September 28, 2014, six months ending December 28, 2014, nine months ending March 29, 2015 and twelve months ending June 28, 2015 and thereafter on a rolling twelve month basis until December 31, 2017. Market conditions are 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 unless the Company obtains a waiver from the lender. The Company is in compliance with the financial covenants included in the PNC Facility as of June 28, 2015.

Note 6 - Capital Stock

Note 6 - Capital Stock	6 Months Ended
	Jun. 28, 2015
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	6. Capital stock Common shares Issued and outstanding: The issued and outstanding number of common shares included in shareholders’ equity consisted of the following: Number of shares $ Balances at December 28, 2014 and June 28, 2015 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 28, 2014. There were no stock options granted during the three and six month period ended June 28, 2015. A summary of stock option activity for the six month period ended June 28, 2015 is as follows: Number of options Weighted Aggregate Weighted Outstanding at December 28, 2014 817,212 $ 2.07 $ — 7.3 Expired (66,667 ) 3.11 Forfeited (75,201 ) 2.09 Outstanding 675,344 1.97 — 8.6 Exercisable at June 28, 2015 173,335 $ 2.28 $ — 2.8 During the three month periods ended June 28, 2015 and June 29, 2014, the Company recorded stock-based compensation expense and a corresponding increase in additional paid-in capital of $44 and $28, respectively. During the six month periods ended June 28, 2015 and June 29, 2014, the Company recorded stock-based compensation expense and a corresponding increase in additional paid-in capital of $77 and $55, respectively. Restricted Stock Units For information regarding the Company’s Restricted Stock Units (“RSU”) arrangements, see Note 6 of the consolidated financial statements within the Company’s Form 10-K for the fiscal period ended December 28, 2014. A summary of the RSU activity for the six month period ended June 28, 2015 is as follows: Outstanding Weighted price Weighted Outstanding balance at December 28, 2014 520,433 $ 1.94 2.5 RSU granted 91,818 1.47 RSU forfeited (59,352 ) 1.90 Outstanding balance at June 28, 2015 552,899 $ 1.87 2.1 Stock based compensation recognized during the three month period ended June 28, 2015 and June 29, 2014 related to the restricted stock units was $84 and $33. Stock based compensation recognized during the six month period ended June 28, 2015 and June 29, 2014 related to the restricted stock units was $141 and $50, respectively.

Note 7 - Income Taxes

Note 7 - Income Taxes	6 Months Ended
	Jun. 28, 2015
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	7 . Income taxes During the three months ended June 28, 2015 and June 29, 2014, respectively, the Company recorded a income tax expense of $193 and $260, primarily related to minimum taxes and taxes on profits in certain jurisdictions, combined with foreign exchange revaluation. During the six months ended June 28, 2015 and June 29, 2014, respectively, the Company recorded a net income tax expense of $270 and $443, primarily related to minimum taxes and taxes on profits in certain jurisdictions, combined with foreign exchange revaluation. Tax years 2010 to 2014 remain open for review by the tax authorities in Canada, U.S., Mexico and China. Tax years 2008 to 2014 remain open for Hong Kong. In assessing the realization of deferred tax assets, management considers whether it is more likely than not that some portion or all of its U.S. 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. In 2014, it was determined by management that a full valuation allowance was required to be recorded against the remaining deferred tax assets associated with the U.S. jurisdiction as it was not likely to be realized. In 2015, the Canadian and U.S. jurisdictions continue to have a full valuation allowance recorded against the deferred tax assets.

Note 8 - Earnings (Loss) Per Co

Note 8 - Earnings (Loss) Per Common Share	6 Months Ended
	Jun. 28, 2015
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	8. Earnings (loss) 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 Six months ended June 28, 2015 June 29, 201 4 June 28, 2015 June 29, 201 4 Basic weighted average shares outstanding 16,417,276 16,417,276 16,417,276 16,417,273 Dilutive stock options (a) (b) — — — — Diluted weighted average shares outstanding 16,417,276 16,417,276 16,417,276 16,417,273 (a) As a result of the net earnings for the three and six months ended June 28, 2015, dilutive options were determined using the treasury stock method, using an average price of $1.62 per share. No diluted stock options were calculated as there were no outstanding vested options that were considered in-the-money. (b) As a result of the net earnings for the three months ended June 29, 2014, dilutive options were determined using the treasury stock method, using an average price of $1.76 per share. No diluted stock options were calculated as there were no outstanding vested options that were considered in-the-money. As a result of the net loss for the six months ended June 29, 2014, diluted earnings per share was calculated using the basic weighted average shares outstanding as the effect of potential common shares would have been anti-dilutive.

Note 9 - Segmented Information

Note 9 - Segmented Information	6 Months Ended
	Jun. 28, 2015
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	9. Segmented information General description The Company is operated and managed geographically and has production facilities in the United States, Mexico and China. Commencing in the fourth quarter of 2014, the Company changed the measure it utilizes to monitor reportable segment performance from adjusted EBITDA, (which was defined as earnings before restructuring charges, interest, taxes, depreciation, amortization and unrealized foreign exchange gains and losses on unsettled forward contracts) to each reportable segment’s site contribution (which is calculated by management based on site revenues minus operating expenses, excluding unrealized foreign exchange, corporate allocations and restructuring expenses). Site contribution is utilized by the chief operating decision-maker as the indicator of reportable segment performance, as it reflects costs which our operating site management is directly responsible for, and by which the chief operating decision maker makes decisions about resources to be allocated to its operating segments. Intersegment adjustments reflect intersegment sales that are generally recorded at prices that approximate arm’s-length transactions. In assessing the performance of the reportable segments, management attributes site revenue to the reportable segment that originates the shipment of product to the end customer, irrespective of the product’s destination. Information about the reportable segments is as follows: Three months ended Six months ended June 28, 2015 June 29, 2014 June 28, 2015 June 29, 2014 Revenues Mexico $ 39,155 $ 38,945 $ 74,762 $ 77,702 China 12,150 15,159 21,492 30,689 U.S. 9,008 13,849 15,586 26,541 Total $ 60,313 $ 67,953 $ 111,840 $ 134,932 Intersegment revenue Mexico $ (105 ) $ (142 ) $ (210 ) $ (507 ) China (2,426 ) (3,758 ) (5,090 ) (7,024 ) U.S. (41 ) (6,069 ) (85 ) (11,394 ) Total $ (2,572 ) $ (9,969 ) $ (5,385 ) $ (18,925 ) Net external revenue Mexico $ 39,050 $ 38,803 $ 74,552 $ 77,195 China 9,724 11,401 16,402 23,665 U.S. 8,967 7,780 15,501 15,147 Total segment revenue (which also equals consolidated revenue) $ 57,741 $ 57,984 $ 106,455 $ 116,007 Site Contribution Mexico $ 2,779 $ 2,016 $ 5,675 $ 3,489 China 664 1,125 485 1,840 U.S. 491 874 969 2,581 Total $ 3,934 $ 4,015 $ 7,129 $ 7,910 Corporate allocations 3,257 3,537 6,171 7,207 Unrealized gain on derivative financial instruments (789 ) (851 ) (471 ) (1,094 ) Interest 304 473 614 867 Restructuring charges — 509 — 1,179 Income (loss) before income taxes $ 1,162 $ 347 $ 815 $ (249 ) Additions to p roperty, p lant and e quipment The following table contains additions including those acquired through capital leases, to property, plant and equipment for the three and six months ended June 28, 2015 and June 29, 2014: Three months ended Six months ended June 28, 2015 June 29, 2014 June 28, 2015 June 29, 2014 Mexico $ 313 $ 2,105 $ 396 $ 2,282 China 252 39 627 39 U.S. 379 57 385 112 Segment total 934 2,201 1,398 2,433 Corporate and other 13 92 39 112 Total $ 957 $ 2,293 $ 1,447 $ 2,545 Property, plant and equipment (a) June 28 , 2015 December 28, 2014 Mexico $ 11,729 $ 12,556 China 3,240 3,001 U.S. 1,836 1,776 Segment total 16,805 17,333 Corporate and other 230 257 Total assets $ 17,035 $ 17,590 (a) Property, plant and equipment 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 and six months ended June 28, 2015 and June 29, 2014: Three months ended Six months ended June 28, 2015 June 29, 2014 June 28, 2015 June 29, 2014 U.S. $ 43,548 $ 51,048 $ 79,260 $ 103,331 Canada 13,548 5,358 25,995 9,733 Europe — — — 284 China 645 1,578 1,200 2,655 Mexico — — — 4 Total $ 57,741 $ 57,984 $ 106,455 $ 116,007 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 June 28, 2015, two customers exceeded 10% of total revenues representing 17.1% and 11.3% respectively (June 29, 2014 – three customers represented 30%, 12.7% and 11%) of total revenue for the second quarter of 2015. During the six months ended June 28, 2015 two customers individually comprised 19.1% and 14.2% (June 29, 2014 – three customers individually comprised 33%, 13.1% and 10.1%) of total revenue for the six months ended June 28, 2015. As of June 28, 2015, these two customers represented 16.8% and 5.6% respectively, (as of December 28, 2014, these customers represented 14.3% and 20.8% respectively) of the Company’s accounts receivable.

Note 10 - Derivative Financial

Note 10 - Derivative Financial Instruments	6 Months Ended
	Jun. 28, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Text Block]	10. Derivative financial instruments The Company enters into forward foreign exchange contracts to reduce its exposure to foreign exchange currency rate fluctuations related to forecasted Canadian dollar and Mexican Peso denominated payroll, rent and utility cash flows for the six remaining months of fiscal 2015 and first six months of fiscal 2016. These contracts are effective economic hedges but do not qualify for hedge accounting under ASC 815 “Derivatives and Hedging”. Accordingly, changes in the fair value of these derivative contracts are recognized into net earnings 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 June 28, 2015: Currency Buy/Sell Foreign Currency Amount Notional Contract Value in USD Canadian Dollar Buy CAD 6,200 $ 5,274 Mexican Peso Buy MXN 300,629 $ 21,060 The unrealized gain recognized in earnings for the three month period as a result of revaluing the outstanding instruments to fair value on June 28, 2015 was $789 (June 29, 2014 – unrealized gain $851), and the unrealized gain for the six month period ended June 28, 2015 was $471 (June 29, 2014 – unrealized gain $1,094), which was included in cost of sales in the consolidated statement of operations and comprehensive income (loss). The realized loss on the settled contracts for the three months period ended June 28, 2015 was $1,028 (June 29, 2014 – realized loss $325), and the realized loss for the six month period ended June 28, 2015 was $1,882 (June 29, 2014 – realized loss $775), and is also included in 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 derivative liability as at June 28, 2015 was $2,232 (December 28, 2014 - $2,703) which reflected the fair market value of the unsettled forward foreign exchange contracts.

Note 11 - Commitments

Note 11 - Commitments	6 Months Ended
	Jun. 28, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	11. Commitments Purchase obligations not recorded on the balance sheet as at June 28, 2015 consist of open non-cancellable purchase orders for raw materials for $17,853 (June 29, 2014 - $31,484), which are expected to be received within 12 months of the PO issue date.

Note 2 - Revisions of Previou17

Note 2 - Revisions of Previously Issued Financial Statements (Tables)	6 Months Ended
	Jun. 28, 2015
Consolidated Statements of Operations and Comprehensive Income [Member]
Note 2 - Revisions of Previously Issued Financial Statements (Tables) [Line Items]
Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]	Impact on the Unaudited Interim Consolidated Statements of Operations and Comprehensive Loss In thousands, except per share data Three months ended June 29, 2014 As previously filed Adjustment Three months ended June 29, 2014 As adjusted Cost of sales – unrealized gain on derivative instruments (2) $ (797 ) $ (54 ) $ (851 ) Gross profit 5,779 54 5,833 Operating earnings 766 54 820 Net earnings and comprehensive income $ 33 $ 54 $ 87 Basic and diluted earnings per share $ 0.01 $ 0.01 Impact on the Unaudited Interim Consolidated Statements of Operations and Comprehensive Loss In thousands, except per share data Six months ended June 29, 2014 As previously filed Adjustment Six months ended June 29, 2014 As adjusted Cost of sales – unrealized gain on derivative instruments (2) $ (889 ) $ (205 ) $ (1,094 ) Cost of sales – depreciation (1) 2,107 (175 ) 1,932 Gross profit 10,164 380 10,544 Operating earnings 238 380 618 Net loss and comprehensive loss $ (1,072 ) $ 380 $ (692 ) Basic and diluted loss per share $ (0.07 ) $ (0.04 )
Consolidated Statement of Changes in Shareholders' Equity [Member]
Note 2 - Revisions of Previously Issued Financial Statements (Tables) [Line Items]
Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]	Impact on the Interim Consolidated Statement of Changes in Shareholders’ Equity In thousands June 29, 2014 As previously filed Adjustment June 29, 2014 As adjusted Shareholders’ equity – deficit (3) $ (234,072 ) $ (1,338 ) $ (235,410 )
Consolidated Statements of Cash Flows [Member]
Note 2 - Revisions of Previously Issued Financial Statements (Tables) [Line Items]
Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]	Impact on the Interim Consolidated Statement of Cash Flow In thousands Six months ended June 29, 2014 As previously filed Adjustment Six months ended June 29, 2014 As adjusted Net loss $ (1,072 ) $ 380 $ (692 ) Items not involving cash: Depreciation 2,107 (175 ) 1,932 Unrealized gain on derivative instruments (889 ) (205 ) (1,094 ) Accounts payable (4) 2,369 (78 ) 2,291 Accrued liabilities (4) (268 ) (17 ) (285 ) Cash flow provided by operations 352 (95 ) 257 Cash flow used by investing (4) (832 ) 95 (737 )

Note 4 - Interim Consolidated18

Note 4 - Interim Consolidated Financial Statement Details (Tables)	6 Months Ended
	Jun. 28, 2015
Disclosure Text Block Supplement [Abstract]
Condensed Balance Sheet [Table Text Block]	June 28, 2015 December 28, 2014 Accounts receivable $ 31,614 $ 31,354 Allowance for doubtful accounts (263 ) (330 ) Accounts receivable—net $ 31,351 $ 31,024 June 28, 2015 December 28, 2014 Raw materials $ 25,659 $ 25,973 Work in process 5,387 2,099 Finished goods 2,248 2,743 Parts 822 775 Inventories $ 34,116 $ 31,590 June 28, 2015 December 28 , 4 Cost (a): Land $ 1,648 $ 1,648 Buildings 9,853 9,878 Machinery and equipment (b) 30,016 31,592 Office furniture and equipment 582 1,690 Computer hardware and software (c) 3,048 5,930 Leasehold improvements (d) 2,962 2,456 48,109 53,194 Less accumulated depreciation (a): Land — — Buildings (7,487 ) (7,275 ) Machinery and equipment (b) (19,138 ) (20,545 ) Office furniture and equipment (463 ) (1,513 ) Computer hardware and software (c) (1,945 ) (4,774 ) Leasehold improvements (d) (2,041 ) (1,497 ) (31,074 ) (35,604 ) Property, plant and equipment—net $ 17,035 $ 17,590 June 28, 2015 December 28, 2014 Customer related $ 3,561 $ 2,074 Payroll 2,990 4,014 Professional services 286 395 Vendor related 368 29 Other 258 568 Accrued liabilities $ 7,463 $ 7,080
Condensed Income Statement [Table Text Block]	Three months ended Six months ended June 28, 2015 June 29, 2014 June 28, 2015 June 29, 2014 Revolving credit facility 270 289 $ 530 552 Amortization of deferred financing fees 7 136 15 240 Obligations under capital leases 27 48 69 75 Interest expense $ 304 $ 473 $ 614 $ 867

Note 6 - Capital Stock (Tables)

Note 6 - Capital Stock (Tables)	6 Months Ended
	Jun. 28, 2015
Stockholders' Equity Note [Abstract]
Schedule of Common Stock Outstanding Roll Forward [Table Text Block]	Number of shares $ Balances at December 28, 2014 and June 28, 2015 16,417,276 $ 390
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	Number of options Weighted Aggregate Weighted Outstanding at December 28, 2014 817,212 $ 2.07 $ — 7.3 Expired (66,667 ) 3.11 Forfeited (75,201 ) 2.09 Outstanding 675,344 1.97 — 8.6 Exercisable at June 28, 2015 173,335 $ 2.28 $ — 2.8
Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]	Outstanding Weighted price Weighted Outstanding balance at December 28, 2014 520,433 $ 1.94 2.5 RSU granted 91,818 1.47 RSU forfeited (59,352 ) 1.90 Outstanding balance at June 28, 2015 552,899 $ 1.87 2.1

Note 8 - Earnings (Loss) Per 20

Note 8 - Earnings (Loss) Per Common Share (Tables)	6 Months Ended
	Jun. 28, 2015
Earnings Per Share [Abstract]
Schedule of Weighted Average Number of Shares [Table Text Block]	Three months ended Six months ended June 28, 2015 June 29, 201 4 June 28, 2015 June 29, 201 4 Basic weighted average shares outstanding 16,417,276 16,417,276 16,417,276 16,417,273 Dilutive stock options (a) (b) — — — — Diluted weighted average shares outstanding 16,417,276 16,417,276 16,417,276 16,417,273

Note 9 - Segmented Information

Note 9 - Segmented Information (Tables)	6 Months Ended
	Jun. 28, 2015
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three months ended Six months ended June 28, 2015 June 29, 2014 June 28, 2015 June 29, 2014 Revenues Mexico $ 39,155 $ 38,945 $ 74,762 $ 77,702 China 12,150 15,159 21,492 30,689 U.S. 9,008 13,849 15,586 26,541 Total $ 60,313 $ 67,953 $ 111,840 $ 134,932 Intersegment revenue Mexico $ (105 ) $ (142 ) $ (210 ) $ (507 ) China (2,426 ) (3,758 ) (5,090 ) (7,024 ) U.S. (41 ) (6,069 ) (85 ) (11,394 ) Total $ (2,572 ) $ (9,969 ) $ (5,385 ) $ (18,925 ) Net external revenue Mexico $ 39,050 $ 38,803 $ 74,552 $ 77,195 China 9,724 11,401 16,402 23,665 U.S. 8,967 7,780 15,501 15,147 Total segment revenue (which also equals consolidated revenue) $ 57,741 $ 57,984 $ 106,455 $ 116,007 Site Contribution Mexico $ 2,779 $ 2,016 $ 5,675 $ 3,489 China 664 1,125 485 1,840 U.S. 491 874 969 2,581 Total $ 3,934 $ 4,015 $ 7,129 $ 7,910 Corporate allocations 3,257 3,537 6,171 7,207 Unrealized gain on derivative financial instruments (789 ) (851 ) (471 ) (1,094 ) Interest 304 473 614 867 Restructuring charges — 509 — 1,179 Income (loss) before income taxes $ 1,162 $ 347 $ 815 $ (249 ) Three months ended Six months ended June 28, 2015 June 29, 2014 June 28, 2015 June 29, 2014 Mexico $ 313 $ 2,105 $ 396 $ 2,282 China 252 39 627 39 U.S. 379 57 385 112 Segment total 934 2,201 1,398 2,433 Corporate and other 13 92 39 112 Total $ 957 $ 2,293 $ 1,447 $ 2,545 Three months ended Six months ended June 28, 2015 June 29, 2014 June 28, 2015 June 29, 2014 U.S. $ 43,548 $ 51,048 $ 79,260 $ 103,331 Canada 13,548 5,358 25,995 9,733 Europe — — — 284 China 645 1,578 1,200 2,655 Mexico — — — 4 Total $ 57,741 $ 57,984 $ 106,455 $ 116,007
Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country [Table Text Block]	June 28 , 2015 December 28, 2014 Mexico $ 11,729 $ 12,556 China 3,240 3,001 U.S. 1,836 1,776 Segment total 16,805 17,333 Corporate and other 230 257 Total assets $ 17,035 $ 17,590

Note 10 - Derivative Financia22

Note 10 - Derivative Financial Instruments (Tables)	6 Months Ended
	Jun. 28, 2015
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 6,200 $ 5,274 Mexican Peso Buy MXN 300,629 $ 21,060

Note 2 - Revisions of Previou23

Note 2 - Revisions of Previously Issued Financial Statements (Details) - USD ($)		3 Months Ended	6 Months Ended			12 Months Ended
		Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014		Dec. 28, 2014
Note 2 - Revisions of Previously Issued Financial Statements (Details) [Line Items]
Impact of Restatement on Opening Retained Earnings, Net of Tax		$ 1,338,000		$ 1,338,000
Net Cash Provided by (Used in) Investing Activities, Continuing Operations			$ (1,375,000)	(737,000)	[1]
Restatement Adjustment [Member]
Note 2 - Revisions of Previously Issued Financial Statements (Details) [Line Items]
Net Cash Provided by (Used in) Investing Activities, Continuing Operations	[1]			95,000
Restatement Adjustment [Member] | Reduction to Amortization [Member]
Note 2 - Revisions of Previously Issued Financial Statements (Details) [Line Items]
Prior Period Reclassification Adjustment				(175,000)
Restatement Adjustment [Member] | Understatement of Expenses [Member]
Note 2 - Revisions of Previously Issued Financial Statements (Details) [Line Items]
Prior Period Reclassification Adjustment						$ 1,718,000
Cost of Sales [Member] | Restatement Adjustment [Member]
Note 2 - Revisions of Previously Issued Financial Statements (Details) [Line Items]
Prior Period Reclassification Adjustment				(380,000)
Cost of Sales [Member] | Restatement Adjustment [Member] | Reduction to Amortization [Member]
Note 2 - Revisions of Previously Issued Financial Statements (Details) [Line Items]
Prior Period Reclassification Adjustment				(175,000)
Cost of Sales [Member] | Restatement Adjustment [Member] | Revaluation of Derivative Forward Contracts [Member]
Note 2 - Revisions of Previously Issued Financial Statements (Details) [Line Items]
Prior Period Reclassification Adjustment		$ 54		$ (205,000)
[1]	The net change of $95 related to purchases of property, plant and equipment that were unpaid in cash as at June 29, 2014 and therefore reflect decreases to accounts payable and accrued liabilities, respectively and a corresponding reduction in cash used by investing.

Note 2 - Revisions of Previou24

Note 2 - Revisions of Previously Issued Financial Statements (Details) - Impact on the Interim Consolidated Statements of Operations and Comprehensive Loss - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended			6 Months Ended
		Jun. 28, 2015	Jun. 29, 2014		Jun. 28, 2015	Jun. 29, 2014
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cost of sales		$ 52,311	$ 52,151		$ 97,397	$ 105,463
Gross profit		5,430	5,833		9,058	10,544
Operating earnings		1,466	820		1,429	618
Net earnings (loss) and comprehensive income (loss)		$ 969	$ 87		$ 545	$ (692)	[1]
Basic and diluted earnings (loss) per share (in Dollars per share)			$ 0.01			$ (0.04)
Revaluation of Derivative Forward Contracts [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cost of sales			$ (851)	[2]		$ (1,094)	[3]
Reduction to Amortization [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cost of sales	[2]					1,932
Scenario, Previously Reported [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Gross profit			5,779			10,164
Operating earnings			766			238
Net earnings (loss) and comprehensive income (loss)			$ 33			$ (1,072)
Basic and diluted earnings (loss) per share (in Dollars per share)			$ 0.01			$ (0.07)
Scenario, Previously Reported [Member] | Revaluation of Derivative Forward Contracts [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cost of sales			$ (797)	[2]		$ (889)	[3]
Scenario, Previously Reported [Member] | Reduction to Amortization [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cost of sales	[2]					2,107
Restatement Adjustment [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Gross profit			54			380
Operating earnings			54			380
Net earnings (loss) and comprehensive income (loss)			54			380
Restatement Adjustment [Member] | Revaluation of Derivative Forward Contracts [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cost of sales			$ (54)	[2]		(205)	[3]
Restatement Adjustment [Member] | Reduction to Amortization [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cost of sales	[2]					$ (175)
[1]	Revised net loss and deficit to adjust for prior period errors. Refer to Note 2 for further details.
[2]	Cost of sales has been reduced by $175 for the six months ended June 29, 2014 on the unaudited interim consolidated statement of operations and comprehensive loss related to a reduction to amortization of $175 due to an error. There was no impact on the three months ended June 29, 2014 as the error occurred in the three months ended March 30, 2014.
[3]	Cost of sales has also been reduced by $54 and $205 for the three and six months ended June 29, 2014 respectively, related to the revaluation of the outstanding derivative forward contracts.

Note 2 - Revisions of Previou25

Note 2 - Revisions of Previously Issued Financial Statements (Details) - Impact on the Interim Consolidated Statement of Changes in Shareholders’ Equity - USD ($) $ in Thousands		Jun. 28, 2015	Dec. 28, 2014	Jun. 29, 2014
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Shareholders’ equity – deficit (3)		$ (238,051)	$ (238,596)	$ (235,410)	[1]
Scenario, Previously Reported [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Shareholders’ equity – deficit (3)	[1]			(234,072)
Restatement Adjustment [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Shareholders’ equity – deficit (3)	[1]			$ (1,338)
[1]	The total net change of ($1,338) to the deficit was the result of the opening, fiscal 2014 cumulative understatement of expenses of ($1,718) related to the prior period errors, which was offset by the reductions to cost of sales of $380 for the six months ended June 29, 2014 as described above.

Note 2 - Revisions of Previou26

Note 2 - Revisions of Previously Issued Financial Statements (Details) - Impact on the Interim Consolidated Statement of Cash Flow - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net loss		$ 969	$ 87	$ 545	$ (692)	[1]
Items not involving cash:
Depreciation				1,995	1,932
Unrealized gain on derivative instruments				(471)	(1,094)
Accounts payable (4)				2,222	2,291	[2]
Accrued liabilities (4)				384	(285)	[2]
Cash flow provided by operations				1,965	257
Cash flow used by investing (4)				$ (1,375)	(737)	[2]
Scenario, Previously Reported [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net loss			33		(1,072)
Items not involving cash:
Depreciation					2,107
Unrealized gain on derivative instruments					(889)
Accounts payable (4)	[2]				2,369
Accrued liabilities (4)	[2]				(268)
Cash flow provided by operations					352
Cash flow used by investing (4)	[2]				(832)
Restatement Adjustment [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net loss			$ 54		380
Items not involving cash:
Depreciation					(175)
Unrealized gain on derivative instruments					(205)
Accounts payable (4)	[2]				(78)
Accrued liabilities (4)	[2]				(17)
Cash flow provided by operations					(95)
Cash flow used by investing (4)	[2]				$ 95
[1]	Revised net loss and deficit to adjust for prior period errors. Refer to Note 2 for further details.
[2]	The net change of $95 related to purchases of property, plant and equipment that were unpaid in cash as at June 29, 2014 and therefore reflect decreases to accounts payable and accrued liabilities, respectively and a corresponding reduction in cash used by investing.

Note 4 - Interim Consolidated27

Note 4 - Interim Consolidated Financial Statement Details (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014	Dec. 28, 2014
Note 4 - Interim Consolidated Financial Statement Details (Details) [Line Items]
Inventory Write-down			$ 607		$ 475
Accumulated Depreciation, Depletion and Amortization, Sale or Disposal of Property, Plant and Equipment	$ 6,522
Property, Plant and Equipment, Disposals	6,522
Depreciation			1,995	$ 1,932
Machinery and Equipment [Member]
Note 4 - Interim Consolidated Financial Statement Details (Details) [Line Items]
Capital Leased Assets, Gross	3,153		3,153		3,495
Capital Leases, Lessee Balance Sheet, Assets by Major Class, Accumulated Depreciation	988		988		916
Machinery and Equipment [Member] | Assets Under Capital Lease [Member]
Note 4 - Interim Consolidated Financial Statement Details (Details) [Line Items]
Depreciation	124	$ 169	237	341
Computer Equipment [Member]
Note 4 - Interim Consolidated Financial Statement Details (Details) [Line Items]
Capital Leased Assets, Gross	119		119		524
Capital Leases, Lessee Balance Sheet, Assets by Major Class, Accumulated Depreciation	67		67		350
Computer Equipment [Member] | Assets Under Capital Lease [Member]
Note 4 - Interim Consolidated Financial Statement Details (Details) [Line Items]
Depreciation	19	44	29	84
Leasehold Improvements [Member]
Note 4 - Interim Consolidated Financial Statement Details (Details) [Line Items]
Capital Leased Assets, Gross					73
Capital Leases, Lessee Balance Sheet, Assets by Major Class, Accumulated Depreciation					$ 42
Leasehold Improvements [Member] | Assets Under Capital Lease [Member]
Note 4 - Interim Consolidated Financial Statement Details (Details) [Line Items]
Depreciation	$ 2	$ 3	$ 2	$ 7

Note 4 - Interim Consolidated28

Note 4 - Interim Consolidated Financial Statement Details (Details) - Consolidated Balance Sheets - USD ($) $ in Thousands		Jun. 28, 2015	Dec. 28, 2014
Condensed Balance Sheet Statements, Captions [Line Items]
Accounts receivable		$ 31,614	$ 31,354
Allowance for doubtful accounts		(263)	(330)
Accounts receivable—net		31,351	31,024
Raw materials		25,659	25,973
Work in process		5,387	2,099
Finished goods		2,248	2,743
Parts		822	775
Inventories		34,116	31,590
Cost (a):
Property, plant and equipment	[1]	48,109	53,194
Less accumulated depreciation (a):
Accumulated depreciation, property, plant and equipment	[1]	(31,074)	(35,604)
Property, plant and equipment—net		17,035	17,590
Accrued liabilities		7,463	7,080
Payroll		2,990	4,014
Professional services		286	395
Customer Related [Member]
Less accumulated depreciation (a):
Other accrued liabilities		3,561	2,074
Vendor Related [Member]
Less accumulated depreciation (a):
Other accrued liabilities		368	29
Other Accrued Liabilites [Member]
Less accumulated depreciation (a):
Other accrued liabilities		258	568
Land [Member]
Cost (a):
Property, plant and equipment	[1]	$ 1,648	$ 1,648
Less accumulated depreciation (a):
Accumulated depreciation, property, plant and equipment	[1]
Building [Member]
Cost (a):
Property, plant and equipment	[1]	$ 9,853	$ 9,878
Less accumulated depreciation (a):
Accumulated depreciation, property, plant and equipment	[1]	(7,487)	(7,275)
Machinery and Equipment [Member]
Cost (a):
Property, plant and equipment	[1],[2]	30,016	31,592
Less accumulated depreciation (a):
Accumulated depreciation, property, plant and equipment	[1],[2]	(19,138)	(20,545)
Furniture and Fixtures [Member]
Cost (a):
Property, plant and equipment	[1]	582	1,690
Less accumulated depreciation (a):
Accumulated depreciation, property, plant and equipment	[1]	(463)	(1,513)
Computer Equipment [Member]
Cost (a):
Property, plant and equipment	[1],[3]	3,048	5,930
Less accumulated depreciation (a):
Accumulated depreciation, property, plant and equipment	[1],[3]	(1,945)	(4,774)
Leasehold Improvements [Member]
Cost (a):
Property, plant and equipment	[1],[4]	2,962	2,456
Less accumulated depreciation (a):
Accumulated depreciation, property, plant and equipment	[1],[4]	$ (2,041)	$ (1,497)
[1]	During the quarter ended June 28, 2015, the Company wrote off fully depreciated assets that were no longer in use with a cost and accumulated depreciation value of $6,522.
[2]	Included within machinery and equipment were assets under capital leases with costs of $3,153 and $3,495 as at June 28, 2015, and December 28, 2014, respectively and associated accumulated depreciation of $988 and $916 as of June 28, 2015 and December 28, 2014, respectively. The related depreciation expense for the three months ended June 28, 2015 and June 29, 2014 were $124 and $169, respectively. The related depreciation expense for the six months ended June 28, 2015 and June 29, 2014 was $237 and $341, respectively.
[3]	Included within computer hardware and software were assets under capital leases with costs of $119 and $524 as at June 28, 2015 and December 28, 2014, respectively and associated accumulated depreciation of $67 and $350 as at June 28, 2015, and December 28, 2014, respectively. The related depreciation expense for the three months ended June 28, 2015 and June 29, 2014 was $19 and $44, respectively. The related depreciation for the six months ended June 28, 2015 and June 29, 2014 was $29 and $84, respectively.
[4]	Included within leasehold improvements were assets under capital leases with costs of $nil as at June 28, 2015 and $73 as at December 28, 2014, and associated accumulated depreciation of $nil and $42 as at June 28, 2015, and December 28, 2014, respectively. The related depreciation expense for the three and six months ended June 28, 2015 was $2. The related depreciation expense for the three and six months ended June 29, 2014 was $3 and $7, respectively.

Note 4 - Interim Consolidated29

Note 4 - Interim Consolidated Financial Statement Details (Details) - Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014
Consolidated Statements of Operations and Comprehensive Income (Loss) [Abstract]
Revolving credit facility	$ 270	$ 289	$ 530	$ 552
Amortization of deferred financing fees	7	136	15	240
Obligations under capital leases	27	48	69	75
Interest expense	$ 304	$ 473	$ 614	$ 867

Note 5 - Debt (Details)

Note 5 - Debt (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014	Dec. 28, 2014
Base Rate [Member] | PNC Facility [Member] | United States of America, Dollars
Note 5 - Debt (Details) [Line Items]
Debt Instrument, Basis Spread on Variable Rate			1.25%
Base Rate [Member] | PNC Facility [Member] | Depending on Fixed Charge Coverage Ratio [Member] | Canada, Dollars
Note 5 - Debt (Details) [Line Items]
Debt Instrument, Basis Spread on Variable Rate			0.75%
PNC Bank [Member] | Revolving Credit Facility [Member]
Note 5 - Debt (Details) [Line Items]
Long-term Line of Credit (in Dollars)	$ 22,080		$ 22,080		$ 21,370
Line of Credit Facility, Maximum Borrowing Capacity (in Dollars)	$ 40,000		$ 40,000
Weighted Average [Member] | PNC Bank [Member] | Revolving Credit Facility [Member]
Note 5 - Debt (Details) [Line Items]
Line of Credit Facility, Interest Rate During Period	4.50%	4.91%	4.50%	4.46%

Note 6 - Capital Stock (Details

Note 6 - Capital Stock (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014
Note 6 - Capital Stock (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares)	0		0
Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition	$ 44	$ 28	$ 77	$ 55
Restricted Stock Units (RSUs) [Member]
Note 6 - Capital Stock (Details) [Line Items]
Allocated Share-based Compensation Expense	$ 84	$ 33	$ 141	$ 50

Note 6 - Capital Stock (Detai32

Note 6 - Capital Stock (Details) - Common Shares Issued and Outstanding - USD ($) $ in Thousands	Jun. 28, 2015	Dec. 28, 2014
Common Shares Issued and Outstanding [Abstract]
Balances at December 28, 2014 and June 28, 2015	16,417,276
Balances at December 28, 2014 and June 28, 2015		$ 390

Note 6 - Capital Stock (Detai33

Note 6 - Capital Stock (Details) - Stock Option Activity - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 28, 2015	Dec. 28, 2014
Stock Option Activity [Abstract]
Outstanding, number	675,344	817,212
Outstanding, weighted average exercise price	$ 1.97	$ 2.07
Outstanding, weighted average instrinsic value	$ 0	$ 0
Outstanding, weighted average remaining contractual term (years)	8 years 219 days	7 years 109 days
Exercisable at June 28, 2015	173,335
Exercisable at June 28, 2015	$ 2.28
Exercisable at June 28, 2015	$ 0
Exercisable at June 28, 2015	2 years 292 days
Expired	(66,667)
Expired	$ 3.11
Forfeited	(75,201)
Forfeited	$ 2.09

Note 6 - Capital Stock (Detai34

Note 6 - Capital Stock (Details) - Restricted Stock Units Activity - Restricted Stock Units (RSUs) [Member] - $ / shares	6 Months Ended	12 Months Ended
	Jun. 28, 2015	Dec. 28, 2014
Note 6 - Capital Stock (Details) - Restricted Stock Units Activity [Line Items]
Outstanding RSU	552,899	520,433
Weighted average stock price	$ 1.87	$ 1.94
Weighted average remaining contractual term (years)	2 years 36 days	2 years 6 months
RSU granted	91,818
RSU granted	$ 1.47
RSU forfeited	(59,352)
RSU forfeited	$ 1.90

Note 7 - Income Taxes (Details)

Note 7 - Income Taxes (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014	Dec. 30, 2012	Jan. 01, 2012	Dec. 26, 2010
Note 7 - Income Taxes (Details) [Line Items]
Income Tax Expense (Benefit)	$ 193,000	$ 260,000	$ 270,000	$ 443,000
Deferred Tax Assets, Valuation Allowance					$ 0	$ 0	$ 0
Foreign Tax Authority [Member] | Canada Revenue Agency [Member] | Earliest Tax Year [Member]
Note 7 - Income Taxes (Details) [Line Items]
Open Tax Year			2,010
Foreign Tax Authority [Member] | Canada Revenue Agency [Member] | Latest Tax Year [Member]
Note 7 - Income Taxes (Details) [Line Items]
Open Tax Year			2,014
Foreign Tax Authority [Member] | Mexican Tax Authority [Member] | Earliest Tax Year [Member]
Note 7 - Income Taxes (Details) [Line Items]
Open Tax Year			2,010
Foreign Tax Authority [Member] | Mexican Tax Authority [Member] | Latest Tax Year [Member]
Note 7 - Income Taxes (Details) [Line Items]
Open Tax Year			2,014
Foreign Tax Authority [Member] | State Administration of Taxation, China [Member] | Earliest Tax Year [Member]
Note 7 - Income Taxes (Details) [Line Items]
Open Tax Year			2,010
Foreign Tax Authority [Member] | State Administration of Taxation, China [Member] | Latest Tax Year [Member]
Note 7 - Income Taxes (Details) [Line Items]
Open Tax Year			2,014
Foreign Tax Authority [Member] | Inland Revenue, Hong Kong [Member] | Earliest Tax Year [Member]
Note 7 - Income Taxes (Details) [Line Items]
Open Tax Year			2,008
Foreign Tax Authority [Member] | Inland Revenue, Hong Kong [Member] | Latest Tax Year [Member]
Note 7 - Income Taxes (Details) [Line Items]
Open Tax Year			2,014
Domestic Tax Authority [Member] | Internal Revenue Service (IRS) [Member] | Earliest Tax Year [Member]
Note 7 - Income Taxes (Details) [Line Items]
Open Tax Year			2,010
Domestic Tax Authority [Member] | Internal Revenue Service (IRS) [Member] | Latest Tax Year [Member]
Note 7 - Income Taxes (Details) [Line Items]
Open Tax Year			2,014

Note 8 - Earnings (Loss) Per 36

Note 8 - Earnings (Loss) Per Common Share (Details) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015
Earnings Per Share [Abstract]
Treasury Stock Method, Dilutive Options, Average Share Price Used	$ 1.62	$ 1.76	$ 1.62
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	0	0

Note 8 - Earnings (Loss) Per 37

Note 8 - Earnings (Loss) Per Common Share (Details) - Common Shares Outstanding for Basic and Diluted Earnings Per Share - shares		3 Months Ended		6 Months Ended
		Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014
Common Shares Outstanding for Basic and Diluted Earnings Per Share [Abstract]
Basic weighted average shares outstanding		16,417,276	16,417,276	16,417,276	16,417,273
Dilutive stock options (a) (b)	[1],[2]
Diluted weighted average shares outstanding		16,417,276	16,417,276	16,417,276	16,417,273
[1]	As a result of the net earnings for the three and six months ended June 28, 2015, dilutive options were determined using the treasury stock method, using an average price of $1.62 per share. No diluted stock options were calculated as there were no outstanding vested options that were considered in-the-money.
[2]	As a result of the net earnings for the three months ended June 29, 2014, dilutive options were determined using the treasury stock method, using an average price of $1.76 per share. No diluted stock options were calculated as there were no outstanding vested options that were considered in-the-money. As a result of the net loss for the six months ended June 29, 2014, diluted earnings per share was calculated using the basic weighted average shares outstanding as the effect of potential common shares would have been anti-dilutive.

Note 9 - Segmented Informatio38

Note 9 - Segmented Information (Details) - Customer Concentration Risk [Member]	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014	Dec. 28, 2014
Sales Revenue, Net [Member]
Note 9 - Segmented Information (Details) [Line Items]
Number of Major Customers	2	3	2	3
Accounts Receivable [Member]
Note 9 - Segmented Information (Details) [Line Items]
Number of Major Customers			2
Major Customer 1 [Member] | Sales Revenue, Net [Member]
Note 9 - Segmented Information (Details) [Line Items]
Concentration Risk, Percentage	17.10%	30.00%	19.10%	33.00%
Major Customer 1 [Member] | Accounts Receivable [Member]
Note 9 - Segmented Information (Details) [Line Items]
Concentration Risk, Percentage			16.80%		14.30%
Major Customer 2 [Member] | Sales Revenue, Net [Member]
Note 9 - Segmented Information (Details) [Line Items]
Concentration Risk, Percentage	11.30%	12.70%	14.20%	13.10%
Major Customer 2 [Member] | Accounts Receivable [Member]
Note 9 - Segmented Information (Details) [Line Items]
Concentration Risk, Percentage			5.60%		20.80%
Major Customer 3 [Member] | Sales Revenue, Net [Member]
Note 9 - Segmented Information (Details) [Line Items]
Concentration Risk, Percentage		11.00%		10.10%

Note 9 - Segmented Informatio39

Note 9 - Segmented Information (Details) - Segment Reporting Information, by Segment - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014
Revenues
Revenues	$ 57,741	$ 57,984	$ 106,455	$ 116,007
Site Contribution
Site Contribution	5,430	5,833	9,058	10,544
Corporate allocations	3,257	3,537	6,171	7,207
Unrealized gain on derivative financial instruments	(789)	(851)	(471)	(1,094)
Interest	304	473	614	867
Restructuring charges		509		1,179
Income (loss) before income taxes	1,162	347	815	(249)
Additions and Disposals to PP&E	957	2,293	1,447	2,545
MEXICO
Revenues
Revenues	39,050	38,803	74,552	77,195
Asia [Member]
Revenues
Revenues	9,724	11,401	16,402	23,665
UNITED STATES
Revenues
Revenues	8,967	7,780	15,501	15,147
Reportable Geographical Components [Member]
Revenues
Revenues	60,313	67,953	111,840	134,932
Site Contribution
Site Contribution	3,934	4,015	7,129	7,910
Additions and Disposals to PP&E	934	2,201	1,398	2,433
Reportable Geographical Components [Member] | MEXICO
Revenues
Revenues	39,155	38,945	74,762	77,702
Site Contribution
Site Contribution	2,779	2,016	5,675	3,489
Additions and Disposals to PP&E	313	2,105	396	2,282
Reportable Geographical Components [Member] | Asia [Member]
Revenues
Revenues	12,150	15,159	21,492	30,689
Site Contribution
Site Contribution	664	1,125	485	1,840
Additions and Disposals to PP&E	252	39	627	39
Reportable Geographical Components [Member] | UNITED STATES
Revenues
Revenues	9,008	13,849	15,586	26,541
Site Contribution
Site Contribution	491	874	969	2,581
Additions and Disposals to PP&E	379	57	385	112
Geography Eliminations [Member]
Revenues
Revenues	(2,572)	(9,969)	(5,385)	(18,925)
Geography Eliminations [Member] | MEXICO
Revenues
Revenues	(105)	(142)	(210)	(507)
Geography Eliminations [Member] | Asia [Member]
Revenues
Revenues	(2,426)	(3,758)	(5,090)	(7,024)
Geography Eliminations [Member] | UNITED STATES
Revenues
Revenues	(41)	(6,069)	(85)	(11,394)
Corporate, Non-Segment [Member]
Site Contribution
Additions and Disposals to PP&E	13	92	39	112
Product Shipment Destination [Member] | MEXICO
Revenues
Revenues				4
Product Shipment Destination [Member] | Asia [Member]
Revenues
Revenues	645	1,578	1,200	2,655
Product Shipment Destination [Member] | UNITED STATES
Revenues
Revenues	43,548	51,048	79,260	103,331
Product Shipment Destination [Member] | CANADA
Revenues
Revenues	$ 13,548	$ 5,358	$ 25,995	9,733
Product Shipment Destination [Member] | Europe [Member]
Revenues
Revenues				$ 284

Note 9 - Segmented Informatio40

Note 9 - Segmented Information (Details) - Long-lived Assets in Individual Geographic Areas - USD ($) $ in Thousands	Jun. 28, 2015	Dec. 28, 2014
Note 9 - Segmented Information (Details) - Long-lived Assets in Individual Geographic Areas [Line Items]
Long-lived assets	$ 17,035	$ 17,590
Reportable Geographical Components [Member]
Note 9 - Segmented Information (Details) - Long-lived Assets in Individual Geographic Areas [Line Items]
Long-lived assets	16,805	17,333
Reportable Geographical Components [Member] | MEXICO
Note 9 - Segmented Information (Details) - Long-lived Assets in Individual Geographic Areas [Line Items]
Long-lived assets	11,729	12,556
Reportable Geographical Components [Member] | Asia [Member]
Note 9 - Segmented Information (Details) - Long-lived Assets in Individual Geographic Areas [Line Items]
Long-lived assets	3,240	3,001
Reportable Geographical Components [Member] | UNITED STATES
Note 9 - Segmented Information (Details) - Long-lived Assets in Individual Geographic Areas [Line Items]
Long-lived assets	1,836	1,776
Corporate, Non-Segment [Member]
Note 9 - Segmented Information (Details) - Long-lived Assets in Individual Geographic Areas [Line Items]
Long-lived assets	$ 230	$ 257

Note 10 - Derivative Financia41

Note 10 - Derivative Financial Instruments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014	Dec. 28, 2014
Note 10 - Derivative Financial Instruments (Details) [Line Items]
Derivative Liability, Current	$ 2,232	$ 2,703	$ 2,232	$ 2,703	$ 2,703
Cost of Sales [Member]
Note 10 - Derivative Financial Instruments (Details) [Line Items]
Unrealized Gain (Loss) on Derivatives	789	851	471	1,094
Gain (Loss) on Sale of Derivatives	$ (1,028)	$ (325)	$ (1,882)	$ (775)

Note 10 - Derivative Financia42

Note 10 - Derivative Financial Instruments (Details) - Outstanding Foreign Currency Forward Contracts - Jun. 28, 2015 - Foreign Exchange Forward [Member] MXN in Thousands, CAD in Thousands, $ in Thousands	USD ($)	CAD	MXN
Canada, Dollars
Derivative [Line Items]
Canadian Dollar	Buy
Canadian Dollar | CAD		CAD 6,200
Canadian Dollar	$ 5,274
Mexican Peso	Buy
Mexican Peso | CAD		CAD 6,200
Mexican Peso	$ 5,274
Mexico, Pesos
Derivative [Line Items]
Canadian Dollar	Buy
Canadian Dollar | MXN			MXN 300,629
Canadian Dollar	$ 21,060
Mexican Peso	Buy
Mexican Peso | MXN			MXN 300,629
Mexican Peso	$ 21,060

Note 11 - Commitments (Details)

Note 11 - Commitments (Details) - USD ($) $ in Thousands	Jun. 28, 2015	Jun. 29, 2014
Open Non-cancellable Purchase Orders for Raw Materials [Member]
Note 11 - Commitments (Details) [Line Items]
Purchase Obligation, Due in Next Twelve Months	$ 17,853	$ 31,484