Uniroyal Global Engineered Products (UNIR) 10-Q 6 Nov 17 2017 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Oct. 01, 2017	Nov. 01, 2017
Entity Registrant Name	UNIROYAL GLOBAL ENGINEERED PRODUCTS, INC.
Entity Trading Symbol	UNIR
Document Type	10-Q
Document Period End Date	Oct. 1, 2017
Amendment Flag	false
Entity Central Index Key	1,172,706
Current Fiscal Year End Date	--01-01
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q3
Ordinary Common Stock [Member]
Entity Common Stock, Shares Outstanding		17,078,928
Common Class B [Member]
Entity Common Stock, Shares Outstanding		1,619,102

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Oct. 01, 2017	Jan. 01, 2017
CURRENT ASSETS
Cash and cash equivalents	$ 1,751,129	$ 1,321,586
Accounts receivable, net	15,216,420	14,555,463
Inventories, net	21,289,279	17,046,171
Other current assets	694,922	1,183,932
Related party receivable	56,115	25,456
Total Current Assets	39,007,865	34,132,608
PROPERTY AND EQUIPMENT, NET	15,295,342	13,611,494
OTHER ASSETS
Intangible assets	3,281,461	3,133,564
Goodwill	1,079,175	1,079,175
Other long-term assets	7,023,981	6,665,375
Total Other Assets	11,384,617	10,878,114
TOTAL ASSETS	65,687,824	58,622,216
CURRENT LIABILITIES
Checks issued in excess of bank balance	829,573	679,494
Lines of credit	19,833,352	16,799,592
Current maturities of long-term debt	1,021,491	851,988
Current maturities of capital lease obligations	399,205	368,718
Accounts payable	9,628,261	7,331,213
Accrued expenses and other liabilities	4,361,076	3,645,526
Related party obligation	375,029	371,161
Current portion of postretirement benefit liability - health and life	158,527	158,527
Total Current Liabilities	36,606,514	30,206,219
LONG-TERM LIABILITIES
Long-term debt, less current portion	2,032,932	1,994,910
Capital lease obligations, less current portion	629,262	856,171
Related party lease financing obligation	2,155,914	2,162,151
Long-term debt to related parties	2,551,271	2,826,907
Postretirement benefit liability - health and life, less current portion	2,872,491	2,883,684
Other long-term liabilities	640,306	792,027
Total Long-Term Liabilities	10,882,176	11,515,850
Total Liabilities	47,488,690	41,722,069
STOCKHOLDERS' EQUITY
Preferred units, Series A UEP Holdings, LLC, 200,000 units issued and outstanding ($100 issue price)	617,571	617,571
Preferred units, Series B UEP Holdings, LLC, 150,000 units issued and outstanding ($100 issue price)	463,179	463,179
Preferred stock, Uniroyal Global (Europe) Limited, 50 shares issued and outstanding ($1.51 stated value)	75	75
Common stock, 95,000,000 shares authorized ($.001 par value) 18,698,030 and 18,727,782 shares issued and outstanding as of October 1, 2017 and January 1, 2017, respectively	18,698	18,728
Additional paid-in capital	34,862,739	34,653,894
Accumulated deficit	(16,967,125)	(17,174,814)
Accumulated other comprehensive loss	(796,003)	(1,678,486)
Total Stockholders' Equity	18,199,134	16,900,147
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 65,687,824	$ 58,622,216

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Oct. 01, 2017	Jan. 01, 2017
Assets [Abstract]
Preferred Stock Par value	$ 100	$ 100
Series A UEP Holdings LLC par value	$ 100	$ 100
Series A UEP Holdings LLC shares issued	200,000	200,000
Series A UEP Holdings LLC shares outstanding	200,000	200,000
Series B UEP Holdings LLC par value	$ 100	$ 100
Series B UEP Holdings LLC shares issued	150,000	150,000
Series B UEP Holdings LLC shares outstanding	150,000	150,000
Preferred stock, Uniroyal Global (Europe) Limited shares Par value	$ 1.51	$ 1.51
Preferred stock, Uniroyal Global (Europe) Limited shares issued	50	50
Preferred stock, Uniroyal Global (Europe) Limited shares outstanding	50	50
Common Stock, par value	$ 0.001	$ 0.001
Common Stock, shares authorized	95,000,000	95,000,000
Common Stock, shares issued	18,698,030	18,727,782
Common Stock, shares outstanding	18,698,030	18,727,782

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Oct. 01, 2017	Oct. 02, 2016	Oct. 01, 2017	Oct. 02, 2016
Revenues [Abstract]
NET SALES	$ 22,498,456	$ 24,675,521	$ 74,334,434	$ 76,976,985
COST OF GOODS SOLD	18,310,782	19,325,342	59,434,030	59,241,192
Gross Profit	4,187,674	5,350,179	14,900,404	17,735,793
OPERATING EXPENSES:
Selling	1,285,822	1,238,035	3,896,166	4,011,017
General and administrative	1,543,689	1,830,932	5,294,935	6,051,854
Research and development	483,221	412,854	1,454,179	1,316,696
OPERATING EXPENSES	3,312,732	3,481,821	10,645,280	11,379,567
Operating Income	874,942	1,868,358	4,255,124	6,356,226
OTHER EXPENSE:
Interest and other debt related expense	(418,698)	(394,401)	(1,217,348)	(1,232,814)
Other expense	(115,482)	(17,015)	(108,607)	(279,075)
Net Other Expense	(534,180)	(411,416)	(1,325,955)	(1,511,889)
INCOME BEFORE TAX PROVISION	340,762	1,456,942	2,929,169	4,844,337
TAX PROVISION	65,170	156,898	491,099	484,798
NET INCOME	275,592	1,300,044	2,438,070	4,359,539
Preferred stock dividend	(753,145)	(722,029)	(2,230,381)	(2,165,695)
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS	$ (477,553)	$ 578,015	$ 207,689	$ 2,193,844
EARNINGS (LOSS) PER COMMON SHARE:
Basic	$ (0.03)	$ 0.03	$ 0.01	$ 0.12
Diluted	$ (0.03)	$ 0.03	$ 0.01	$ 0.12
WEIGHTED AVERAGE SHARES OUTSTANDING:
Basic	18,698,030	18,828,292	18,708,427	18,843,440
Diluted	18,698,030	18,893,936	18,794,087	18,909,085

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Oct. 01, 2017	Oct. 02, 2016	Oct. 01, 2017	Oct. 02, 2016
COMPREHENSIVE INCOME
NET INCOME	$ 275,592	$ 1,300,044	$ 2,438,070	$ 4,359,539
OTHER COMPREHENSIVE INCOME (LOSS):
Minimum benefit liability adjustment		(1,173)		(3,519)
Foreign currency translation adjustment	340,329	(213,582)	882,483	(1,132,786)
OTHER COMPREHENSIVE INCOME (LOSS)	340,329	(214,755)	882,483	(1,136,305)
COMPREHENSIVE INCOME	615,921	1,085,289	3,320,553	3,223,234
Preferred stock dividend	(753,145)	(722,029)	(2,230,381)	(2,165,695)
COMPREHENSIVE INCOME (LOSS) TO COMMON SHAREHOLDERS	$ (137,224)	$ 363,260	$ 1,090,172	$ 1,057,539

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - 9 months ended Oct. 01, 2017 - USD ($)	Ueph Series A Units [Member]	UEPH Series B Units [Member]	EPAL Preferred Shares [Member]	Common Stock [Member]	Additional Paid-In Capital [Member]	Accmulated Deficit [Member]	Accumulated Other Comprehensive Income [Member]	Total
Balance at Jan. 01, 2017	$ 617,571	$ 463,179	$ 75	$ 18,728	$ 34,653,894	$ (17,174,814)	$ (1,678,486)	$ 16,900,147
Balance, shares at Jan. 01, 2017	200,000	150,000	50	18,727,782
Net Income						2,438,070		2,438,070
Other comprehensive loss							882,483	882,483
Stock-based compensation expense					308,655			308,655
Treasury shares, purchased at cost and retired				$ (30)	(99,810)			(99,840)
Treasury shares, purchased at cost and retired, shares				(29,752)
Preferred stock dividend						(2,230,381)		(2,230,381)
Balance at Oct. 01, 2017	$ 617,571	$ 463,179	$ 75	$ 18,698	$ 34,862,739	$ (16,967,125)	$ (796,003)	$ 18,199,134
Balance, shares at Oct. 01, 2017	200,000	150,000	50	18,698,030

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Oct. 01, 2017	Oct. 02, 2016
Net Cash Provided by (Used in) Operating Activities, Continuing Operations [Abstract]
Net income	$ 2,438,070	$ 4,359,539
Adjustments to reconcile net income to net cash flows from operating activities:
Depreciation	1,330,957	1,294,802
Stock-based compensation expense	308,655	277,939
Amortization of intangible assets	15,003	15,003
Loss on disposal of property and equipment	10,863	2,926
Noncash postemployment health and life benefit		(3,519)
Changes in assets and liabilities:
Accounts receivable	118,162	(2,473,517)
Inventories	(3,534,845)	(528,226)
Other current assets	547,933	455,875
Related party receivable	26,426	71,422
Other long-term assets	(35,560)	(95,042)
Accounts payable	1,835,573	1,055,517
Accrued expenses and other liabilities	490,680	598,276
Postretirement benefit liability - health and life	(11,193)	(97)
Other long-term liabilities	(207,133)	102,166
Cash provided by operating activities	3,333,591	5,133,064
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(1,588,485)	(1,236,069)
Net payments on life insurance policies	(316,671)	(250,201)
Cash used in investing activities	(1,905,156)	(1,486,270)
CASH FLOWS FROM FINANCING ACTIVITIES
Checks issued in excess of bank balance, net	150,079	289,250
Net advances on line of credit	2,029,826	220,428
Payments on long-term debt	(418,712)	(231,964)
Payments on capital lease obligations	(289,189)	(343,647)
Payments on related party obligation	(278,004)	(1,361,445)
Payment of preferred stock dividends	(2,204,199)	(2,147,408)
Purchase and retirement of treasury stock	(99,840)	(274,074)
Cash used in financing activities	(1,110,039)	(3,848,860)
Net Change in Cash and Cash Equivalents	318,396	(202,066)
Cash and Cash Equivalents - Beginning of Period	1,321,586	1,910,112
Effects of currency translation on cash and cash equivalents	111,147	(150,160)
CASH AND CASH EQUIVALENTS - END OF PERIOD	$ 1,751,129	$ 1,557,886

Basis of Presentation

Basis of Presentation	9 Months Ended
	Oct. 01, 2017
Accounting Policies [Abstract]
Basis of Presentation	1. Basis of Presentation The accompanying unaudited interim consolidated financial statements have been prepared based upon U.S. Securities and Exchange Commission rules that permit reduced disclosure for interim periods. Therefore, they do not include all information and footnote disclosures necessary for a complete presentation of Uniroyal Global Engineered Products, Inc.’s financial position, results of operations and cash flows, in conformity with generally accepted accounting principles. Uniroyal Global Engineered Products, Inc. (the “Company,” “Uniroyal Global,” “we,” or “us”) filed audited consolidated financial statements as of and for the fiscal years ended January 1, 2017 and January 3, 2016 which included all information and notes necessary for such complete presentation in conjunction with its 2016 Annual Report on Form 10-K/A. The results of operations for the interim period ended October 1, 2017 are not necessarily indicative of the results to be expected for any future period or the entire fiscal year. These interim consolidated financial statements should be read in conjunction with the audited consolidated financial statements for the year ended January 1, 2017, which are contained in the Company’s 2016 Annual Report on Form 10-K/A. The Company owns all of the ownership interests in Uniroyal Engineered Products, LLC (“Uniroyal”) and its holding company UEP Holdings, LLC (“UEPH”), a U.S. manufacturer of textured coatings, and all of the ordinary common stock of Uniroyal Global (Europe) Limited (“UGEL”) formerly known as Engineered Products Acquisition Limited (“EPAL”), the holding company for Uniroyal Global Limited (“UGL”) formerly Wardle Storeys (Earby) Limited (“Wardle Storeys”), a European manufacturer of textured coatings and polymer films. The Company and its subsidiaries have adopted a 52/53-week fiscal year ending on the Sunday nearest to December 31. The current year ending December 31, 2017 and the prior year ended January 1, 2017 are 52-week years. The accompanying unaudited interim consolidated financial statements contain all adjustments (consisting of normal recurring items) which are, in the opinion of management, necessary for a fair statement of the Company’s financial position as of October 1, 2017 and the results of operations, comprehensive income and cash flows for the interim periods ended October 1, 2017 and October 2, 2016. The unaudited interim consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All intercompany transactions and balances have been eliminated in consolidation. The Company uses the U.S. dollar as the reporting currency for financial reporting. The financial position and results of operations of the Company’s U.K.-based operations are measured using the British Pound Sterling as the functional currency. See Note 5, Foreign Currency Translation.

Noncash Transactions and Supple

Noncash Transactions and Supplemental Disclosure of Cash Flow Information	9 Months Ended
	Oct. 01, 2017
Supplemental Cash Flow Elements [Abstract]
Noncash Transactions and Supplemental Disclosure of Cash Flow Information	2. Noncash Transactions and Supplemental Disclosure of Cash Flow Information During the nine months ended October 1, 2017 and October 2, 2016, the Company paid down $295,168 and $301,812, respectively, of its term loans using available borrowings on its various lines of credit. During the nine months ended October 1, 2017 and October 2, 2016, the Company entered into new equipment financing arrangements with a value of $845,553 and $584,624, respectively. The fair value was added to property and equipment and a corresponding amount to long-term debt or capital lease obligations. Supplemental disclosure of cash paid for : Nine Months Ended October 1, 2017 October 2, 2016 Interest $ 1,212,910 $ 1,236,465 Tax payments $ - $ -

Derivatives

Derivatives	9 Months Ended
	Oct. 01, 2017
Derivatives
Derivatives	3. Derivatives The Company recognizes all of its derivative instruments as either assets or liabilities in the balance sheet at fair value. The accounting for changes in the fair value of a derivative instrument depends on whether it has been designated and qualifies as part of a hedging relationship and further, as to whether the hedge is a cash flow hedge or a fair value hedge. The Company incurs foreign currency risk on sales and purchases denominated in other currencies, primarily the British Pound Sterling and the Euro. Foreign currency exchange contracts are used by the Company principally to limit the exchange rate fluctuations of the Euro. The Euro risk is partially limited due to natural cash flow offsets. Currency exchange contracts are purchased for approximately 25% of the net risk. These contracts are not designated as cash flow hedges for accounting purposes. Changes in fair value of these contracts are reported in net earnings as part of other expense.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	9 Months Ended
	Oct. 01, 2017
Fair Value Of Financial Instruments
Fair Value of Financial Instruments	4. Fair Value of Financial Instruments The Company’s short-term financial instruments consist of cash and cash equivalents, receivables, accounts payable and the lines of credit. The Company adjusts the carrying value of financial instruments denominated in other currencies such as cash, receivables, accounts payable and the lines of credit using the appropriate exchange rates at the balance sheet date. The Company believes that the carrying values of these short-term financial instruments approximate their estimated fair values. The fair value of the Company’s long-term debt is estimated based on current rates for similar instruments with the same remaining maturities. In determining the current interest rates for similar instruments the Company takes into account its risk of nonperformance. The Company believes that the carrying value of its long-term debt approximates its estimated fair value. The Company uses foreign currency exchange contracts which are recorded at their estimated fair values in the accompanying Consolidated Balance Sheets. The fair values of the contracts at October 1, 2017 and January 1, 2017 were net assets of $2,220 and $9,718, respectively, and were included in other current assets. The fair values of the currency exchange contracts are based upon observable market transactions of spot and forward rates. For the nine months ended October 1, 2017, there have been no changes in the application of valuation methods applied to similar assets and liabilities.

Foreign Currency Translation

Foreign Currency Translation	9 Months Ended
	Oct. 01, 2017
Foreign Currency Translation [Abstract]
Foreign Currency Translation	5. Foreign Currency Translation The financial position and results of operations of the Company’s foreign subsidiaries are measured using the local currency as the functional currency. Assets and liabilities of operations denominated in foreign currencies are translated into U.S. dollars at exchange rates in effect at the balance sheet date, while the capital accounts are translated at the historical rate for the date they were recognized. Revenues and expenses are translated at the weighted average exchange rates during the reporting period. The resulting translation gains and losses on assets and liabilities are recorded in accumulated other comprehensive loss, and are excluded from net income until realized through a sale or liquidation of the investment. Transaction gains and losses generated from the remeasurement of assets and liabilities denominated in currencies other than the functional currency of our foreign operations are included in Other Expense in the accompanying Consolidated Statements of Operations.

Inventories

Inventories	9 Months Ended
	Oct. 01, 2017
Inventory Disclosure [Abstract]
Inventories	6. Inventories Inventories consist of the following: October 1, 2017 January 1, 2017 Raw materials $ 6,180,471 $ 5,199,632 Work-in-process 5,305,440 4,491,250 Finished goods 11,223,336 8,669,625 22,709,247 18,360,507 Less: Allowance for inventory obsolescence (1,419,968 ) (1,314,336 ) Total Inventories $ 21,289,279 $ 17,046,171

Other Long-term Assets

Other Long-term Assets	9 Months Ended
	Oct. 01, 2017
Other Assets, Noncurrent [Abstract]
Other Long-term Assets	7. Other Long-term Assets Other long-term assets consist of the following: October 1, 2017 January 1, 2017 Non-current deferred tax asset $ 5,684,424 $ 5,689,000 Other 1,339,557 976,375 Total Other Long-term Assets $ 7,023,981 $ 6,665,375

Other Long-term Liabilities

Other Long-term Liabilities	9 Months Ended
	Oct. 01, 2017
Other Liabilities, Noncurrent [Abstract]
Other Long-term Liabilities	8. Other Long-term Liabilities Other long-term liabilities consist of the following: October 1, 2017 January 1, 2017 Non-current deferred tax liability $ 605,004 $ 743,971 Other 35,302 48,056 Total Other Long-term Liabilities $ 640,306 $ 792,027

Lines of Credit

Lines of Credit	9 Months Ended
	Oct. 01, 2017
Line of Credit Facility [Abstract]
Line of Credit	9. Lines of Credit The Company’s Uniroyal subsidiary has available a $30,000,000 revolving line of credit financing agreement with Wells Fargo Capital Finance, LLC, which matures on October 17, 2019. Interest is payable monthly at the Eurodollar rate plus 2.25% or Wells Fargo Capital Finance, LLC's prime rate at the Company's election on outstanding balances up to $6,000,000 and prime rate on amounts in excess of $6,000,000. Borrowings on the line of credit are subject to the underlying borrowing base specified in the agreement. The underlying borrowing base is currently determined based upon eligible accounts receivable, inventories and equipment. The line of credit is secured by substantially all of Uniroyal's assets and includes certain financial and restrictive covenants. The outstanding balance on the line of credit (“Uniroyal Line of Credit”) was $10,289,656 and $9,668,388 as of October 1, 2017 and January 1, 2017, respectively. The Company has classified the outstanding balance on this line of credit within current liabilities in the accompanying Consolidated Balance Sheets. The Company’s U.K. subsidiary has available a £9,000,000 (approximately $12.0 million) revolving line of credit financing agreement with Lloyds Bank Commercial Finance Limited (“U.K. Line of Credit”) which is subject to a six-month notice by either party. The line has several tranches based on currency or underlying security. Interest is payable monthly at the base rate (U.K. LIBOR or Lloyds Bank Base Rate as published) plus 1.95% to 2.45% depending on the tranche. Borrowings on the line of credit are subject to the underlying borrowing base specified in the agreement. The underlying borrowing base is currently determined based upon eligible accounts receivable and inventories. The line of credit is secured by substantially all of the subsidiary's assets and includes certain financial and restrictive covenants. The outstanding balance on the U.K. Line of Credit was £7,125,103 and £5,792,236 ($9,543,696 and $7,131,204) as of October 1, 2017 and January 1, 2017, respectively. The Company has classified the outstanding balance on this line of credit within current liabilities in the accompanying Consolidated Balance Sheets.

Long-Term Debt

Long-Term Debt	9 Months Ended
	Oct. 01, 2017
Long-term Debt, by Current and Noncurrent [Abstract]
Long-Term Debt	10. Long-term Debt Long-term debt consists of the following: Interest Rate October 1, 2017 January 1, 2017 Wells Fargo Capital Finance LLC Prime $ 866,825 $ 1,089,721 Lloyds Bank Commercial Finance Limited LIBOR + 3.15% 121,392 181,392 Kennet Equipment Leasing Limited 10.90% 733,923 801,153 Balboa Capital Corporation 5.72% 108,895 213,230 Regents Capital Corporation 7.40% 267,974 350,000 De Lage Landen Financial Services 7.35% 102,256 118,073 Ford Motor Credit 4.30% 38,800 44,387 Byline Financial Group 8.56% 33,659 48,942 Regents Capital Corporation 6.20% 299,719 - Regents Capital Corporation 6.47% 321,584 - Regents Capital Corporation 6.50% 159,396 - 3,054,423 2,846,898 Current portion (1,021,491 ) (851,988 ) $ 2,032,932 $ 1,994,910

Related Party Obligations

Related Party Obligations	9 Months Ended
	Oct. 01, 2017
Related Party Obligations
Related Party Obligations	11. Related Party Obligations Long-term debt to related parties consists of the following: Interest Rate October 1, 2017 January 1, 2017 Senior subordinated promissory note 9.25% $ 2,000,000 $ 2,000,000 Senior secured promissory note 10.00% 918,785 1,194,421 2,918,785 3,194,421 Current portion (367,514 ) (367,514 ) $ 2,551,271 $ 2,826,907 The Company has a lease financing obligation under which it leases its main U.S. manufacturing facility and certain other property from a related party lessor entity, accrues interest at 18.20% and currently requires monthly principal and interest payments of $32,439, which are adjusted annually based on the consumer price index. The lease financing obligation matures on October 31, 2033. The Company has security deposits aggregating $267,500 held by the lessor entity. This obligation is shown in the accompanying Consolidated Balance Sheets as Related Party Lease Financing Obligation which consists of the following: October 1, 2017 January 1, 2017 Related party lease financing obligation $ 2,163,429 $ 2,165,798 Less: current portion (7,515 ) (3,647 ) Long-term Portion $ 2,155,914 $ 2,162,151 The current portions of the long-term debt to related parties and the related party lease financing obligation are combined and are shown in current liabilities as related party obligation. October 1, 2017 January 1, 2017 Current portion of long-term debt to related parties $ 367,514 $ 367,514 Current portion of related party lease financing obligation 7,515 3,647 Related Party Obligation $ 375,029 $ 371,161

Capital Leases

Capital Leases	9 Months Ended
	Oct. 01, 2017
Capital Leases
Capital Leases	12. Capital Leases The Company has several capital leases on equipment which expire from October 2, 2017 through January 2021 with monthly lease payments ranging from approximately $1,119 to $31,120 per month. The capital lease obligations are secured by the related equipment. As of October 1, 2017 and January 1, 2017, assets recorded under capital leases are included in property and equipment in the accompanying Consolidated Balance Sheets. Amortization of items under capital lease obligations has been included with depreciation expense on owned property and equipment in the accompanying Consolidated Statements of Operations. Interest rates on these obligations range from 3.84% to 19.15% Capital lease obligations consist of the following: October 1, 2017 January 1, 2017 Capital lease obligations $ 1,028,467 $ 1,224,889 Less: current portion (399,205 ) (368,718 ) Long-term Portion $ 629,262 $ 856,171

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	9 Months Ended
	Oct. 01, 2017
AOCI Attributable to Parent [Abstract]
Accumulated Other Comprehensive Income	13. Accumulated Other Comprehensive Loss The changes in accumulated other comprehensive loss were as follows: Minimum Benefit Liability Adjustments Foreign Currency Translation Adjustment Total Balance at January 1, 2017 $ 233,877 $ (1,912,363 ) $ (1,678,486 ) Other comprehensive losses before reclassifications, net - 882,483 882,483 Balance at October 1, 2017 $ 233,877 $ (1,029,880 ) $ (796,003 ) The gain (loss) reclassified from accumulated other comprehensive income (loss) into income is recorded to the following income statement line items: Other Comprehensive Income (Loss) Component Income Statement Line Item Minimum Benefit Liability Adjustments General and administrative expense

Stock Option Plan

Stock Option Plan	9 Months Ended
	Oct. 01, 2017
Stock Options or Stock Based Compensation
Stock Option Plan	14. Stock Option Plan On June 25, 2015, the Company’s stockholders approved the adoption of the 2015 Stock Option Plan. This plan provides for the granting of options to purchase the Company’s common stock to employees and directors. The options granted are subject to a vesting schedule as set forth in each individual option agreement. Each option expires on the tenth anniversary of its date of grant unless an earlier termination date is provided in the grant agreement. The maximum aggregate number of shares of common stock that may be optioned and sold under the plan shall be 6% of the shares outstanding on the date of grant. The shares that may be optioned under the plan may be authorized but unissued or may be treasury shares. Compensation expense is recognized on a straight-line basis over a three-year vesting period from date of grant. Stock option activity for the nine months ended October 1, 2017 and October 2, 2016 is as follows: Stock Options Total Weighted Average Exercise Price Exercisable Weighted Average Exercise Price Non-Vested Weighted Average Exercise Price Outstanding at January 3, 2016 665,000 $ 2.37 - $ - 665,000 $ 2.37 Granted 360,250 3.57 - - 360,250 3.57 Vested - - 230,001 2.37 (230,001 ) 2.37 Exercised (5,000 ) 2.37 (5,000 ) 2.37 - - Forfeited or cancelled (15,000 ) 2.77 - - (15,000 ) 2.77 Outstanding at October 2, 2016 1,005,250 $ 2.79 225,001 $ 2.37 780,249 $ 2.92 Outstanding at January 1, 2017 997,750 $ 2.80 217,501 $ 2.37 780,249 $ 2.92 Granted - - - - - - Vested - - 330,913 2.80 (330,913 ) 2.80 Exercised - - - - - - Forfeited or cancelled (10,000 ) 2.97 (6,667 ) 2.67 (3,333 ) 3.57 Outstanding October 1, 2017 987,750 $ 2.80 541,747 $ 2.63 446,003 $ 3.00 Aggregate Intrinsic Value October 2, 2016 $ 487,500 $ 168,751 $ 318,749 Aggregate Intrinsic Value $ 51,000 $ 34,000 $ 17,000 October 1, 2017 Option expense recognized was $102,010 and $112,375 for the three months ended October 1, 2017 and October 2, 2016, respectively and $308,655 and $277,939 for the nine months ended October 1, 2017 and October 2, 2016, respectively. As of October 1, 2017, there was $464,812 in unrecognized compensation cost related to the options granted under the 2015 Stock Option Plan. We expect to recognize those costs over the remaining vesting term of 18 months.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	9 Months Ended
	Oct. 01, 2017
Recent Accounting Pronouncements
Recent Accounting Pronouncement	15. Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board issued a new standard, ASU No. 2014-09, "Revenue from Contracts with Customers." Under ASU 2014-09 recognition of revenue occurs when a customer obtains control of promised goods or services in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The new standard will be effective for the Company January 1, 2018. Based on our evaluation to date, which includes the results of reviewing our sales contracts, we do not expect the adoption of this standard to have a significant impact on our On July 22, 2015, the Financial Accounting Standards Board issued a new standard, ASU No. 2015-11, “Simplifying the Measurement of Inventory”. The new standard requires entities to measure most inventory at the lower of cost and net realizable value, which is a change from the current guidance under which an entity must measure inventory at the lower of cost or market with market defined as replacement cost, net realizable value or net realizable value less a normal profit margin. The ASU will not apply to inventories that are measured by using either the last-in, first-out (LIFO) method or the retail inventory method. It became effective for the Company on January 2, 2017. The adoption of this standard for the year ending December 31, 2017 will not have a significant effect on its consolidated financial position, results of operations and cash flows. On November 20, 2015, the Financial Accounting Standards Board issued a new standard, ASU No. 2015-17, “Income Taxes - Balance Sheet Classification of Deferred Taxes”. Under the new guidance deferred tax liabilities and assets will be classified as noncurrent in a classified statement of financial position. It became effective for the Company on January 2, 2017. The adoption of this standard for the year ending December 31, 2017 will not have a significant effect on its consolidated financial position, results of operations and cash flows. The Company is applying the change retrospectively for all periods presented. Thus, current deferred tax assets in the amount of $1,301,280 which had been included in Other Current Assets in the accompanying Consolidated Balance Sheets at January 1, 2017 were reclassified to Other Long-term Assets or Other Long-term liabilities at that date. On February 25, 2016, the Financial Accounting Standards Board issued a new standard, ASU No. 2016-02, “Leases”. Under the new guidance, a lessee will be required to recognize assets and liabilities for leases with lease terms of more than 12 months. Consistent with current Generally Accepted Accounting Principles (GAAP), the recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee primarily will depend on its classification as a finance or operating lease. However, unlike current GAAP which requires only capital leases to be recognized on the balance sheet, the new ASU will require both types of leases to be recognized on the balance sheet. It will be effective for the Company on December 31, 2018. The Company is currently evaluating the effects this standard will have, if any, on its consolidated financial position, results of operations and cash flows together with evaluating the adoption date. On March 30, 2016, the Financial Accounting Standards Board issued a new standard, ASU No. 2016-09, “Compensation – Stock Compensation.” The new standard involves several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. It became effective for the Company on January 2, 2017. The adoption of this standard for the year ending December 31, 2017 will not have a significant effect on its consolidated financial position, results of operations and cash flows. On August 26, 2016, the Financial Accounting Standards Board issued a new standard, ASU No. 2016-15, “Statement of Cash Flows – Classification of Certain Cash Receipts and Cash Payments.” The new standard applies to how certain cash receipts and cash payments are presented and classified in the statement of cash flows. It will be effective for the Company on January 1, 2018. The Company is currently evaluating the effects this standard will have, if any, on its consolidated financial position, results of operations and cash flows together with evaluating the adoption date. On January 26, 2017, the Financial Accounting Standards Board issued a new standard, ASU No. 2017-04, “Intangibles – Goodwill and Other – Simplifying the Test for Goodwill Impairment.” The new standard modifies the concept of impairment from the condition that exists when the carrying amount of goodwill exceeds its implied fair value to the condition that exists when the carrying amount of a reporting unit exceeds its fair value. It will be effective for the Company on December 30, 2019. The Company is currently evaluating the effects this standard will have, if any, on its consolidated financial position, results of operations and cash flows together with evaluating the adoption date. On May 10, 2017, the Financial Accounting Standards Board issued a new standard, ASU No. 2017-09, “Compensation – Stock Compensation – Scope of Modification Accounting.” The new standard clarifies when to account for a change to the terms or conditions of a share-based payment award as a modification. It will be effective for the Company on January 1, 2018. Although the Company currently does not have any plans to change any of the terms or conditions of its stock compensation plan, the Company is evaluating this standard to understand the effects various changes, if made, could have on its consolidated financial position, results of operations and cash flows together with evaluating the adoption date. On August 28, 2017, the Financial Accounting Standards Board issued a new standard, ASU No. 2017-12, “Derivatives and Hedging – Targeted Improvements to Accounting for Hedging Activities.” The objective of this new standard is to improve the financial reporting of hedging relationships to better portray the economic results of an entity’s risk management activities and to simplify the application of the hedge accounting guidance in current GAAP. It will be effective for the Company on December 31, 2018. The Company is currently evaluating the effects this standard will have, if any, on its consolidated financial position, results of operations and cash flows together with evaluating the adoption date.

Earnings Per Common Share

Earnings Per Common Share	9 Months Ended
	Oct. 01, 2017
EARNINGS (LOSS) PER COMMON SHARE:
Earnings Per Common Share	16. Earnings per Common Share The following table sets forth the computation of earnings per common share - basic and earnings per common share – diluted Three Months Ended Nine Months Ended October 1, 2017 October 2, 2016 October 1, 2017 October 2, 2016 Numerator Net income (loss) available to common shareholders $ (477,553 ) $ 578,015 $ 207,689 $ 2,193,844 Denominator Denominator for basic earnings per share - weighted average shares outstanding 18,698,030 18,828,292 18,708,427 18,843,440 Weighted average effect of dilutive securities - 65,644 85,660 65,645 Denominator for dilutive earnings per share - weighted average shares outstanding 18,698,030 18,893,936 18,794,087 18,909,085 Basic and Diluted Income (Loss) Per Share Net income (loss) available to common shareholders $ (0.03 ) $ 0.03 $ 0.01 $ 0.12 Effect of dilutive securities - - - - Net income (loss) available to common shareholders $ (0.03 ) $ 0.03 $ 0.01 $ 0.12 The calculations of diluted earnings per share for the nine months ended October 1, 2017 and the three and nine months ended October 2, 2016 excluded options to purchase 350,250 and 355,250 shares of common stock, respectively, because the options’ exercise price of $3.57 per share was greater than the average market prices of the common shares. Due to the net loss for the three months ended October 1, 2017, the calculations of basic and diluted loss per share were the same since including options to purchase shares of common stock in the calculation of diluted loss per share would have been anti-dilutive.

Subsequent Events

Subsequent Events	9 Months Ended
	Oct. 01, 2017
Subsequent Events [Abstract]
Subsequent Events	17. Subsequent Events The Company has evaluated subsequent events occurring through the date that the financial statements were issued for events requiring recording or disclosure in the October 1, 2017 financial statements. There were no material events or transactions occurring during this period requiring recognition or disclosure.

Noncash Transactions and Supp25

Noncash Transactions and Supplemental Disclosure of Cash Flow Information (Tables)	9 Months Ended
	Oct. 01, 2017
Supplemental Cash Flow Elements [Abstract]
Schedule of Noncash Transactions and Supplemental Disclosure of Cash Flow Information Text Block	Supplemental disclosure of cash paid for : Nine Months Ended October 1, 2017 October 2, 2016 Interest $ 1,212,910 $ 1,236,465 Tax payments $ - $ -

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Oct. 01, 2017
Inventory Disclosure [Abstract]
Schedule of Inventories	Inventories consist of the following: October 1, 2017 January 1, 2017 Raw materials $ 6,180,471 $ 5,199,632 Work-in-process 5,305,440 4,491,250 Finished goods 11,223,336 8,669,625 22,709,247 18,360,507 Less: Allowance for inventory obsolescence (1,419,968 ) (1,314,336 ) Total Inventories $ 21,289,279 $ 17,046,171

Other Long-term Assets (Tables)

Other Long-term Assets (Tables)	9 Months Ended
	Oct. 01, 2017
Other Assets, Noncurrent [Abstract]
Schedule of Other Long-term Assets	Other long-term assets consist of the following: October 1, 2017 January 1, 2017 Non-current deferred tax asset $ 5,684,424 $ 5,689,000 Other 1,339,557 976,375 Total Other Long-term Assets $ 7,023,981 $ 6,665,375

Other Long-term Liabilities (Ta

Other Long-term Liabilities (Tables)	9 Months Ended
	Oct. 01, 2017
Other Liabilities, Noncurrent [Abstract]
Schedule of Other Long-term Liabilities	Other long-term liabilities consist of the following: October 1, 2017 January 1, 2017 Non-current deferred tax liability $ 605,004 $ 743,971 Other 35,302 48,056 Total Other Long-term Liabilities $ 640,306 $ 792,027

Long-Term Debt (Tables)

Long-Term Debt (Tables)	9 Months Ended
	Oct. 01, 2017
Long-term Debt, by Current and Noncurrent [Abstract]
Schedule of Long-Term Debt	Long-term debt consists of the following: Interest Rate October 1, 2017 January 1, 2017 Wells Fargo Capital Finance LLC Prime $ 866,825 $ 1,089,721 Lloyds Bank Commercial Finance Limited LIBOR + 3.15% 121,392 181,392 Kennet Equipment Leasing Limited 10.90% 733,923 801,153 Balboa Capital Corporation 5.72% 108,895 213,230 Regents Capital Corporation 7.40% 267,974 350,000 De Lage Landen Financial Services 7.35% 102,256 118,073 Ford Motor Credit 4.30% 38,800 44,387 Byline Financial Group 8.56% 33,659 48,942 Regents Capital Corporation 6.20% 299,719 - Regents Capital Corporation 6.47% 321,584 - Regents Capital Corporation 6.50% 159,396 - 3,054,423 2,846,898 Current portion (1,021,491 ) (851,988 ) $ 2,032,932 $ 1,994,910

Related Party Obligations (Tabl

Related Party Obligations (Tables)	9 Months Ended
	Oct. 01, 2017
Related Party Obligations Tables
Schedule of Long-term Debt to Related Parties	Long-term debt to related parties consists of the following: Interest Rate October 1, 2017 January 1, 2017 Senior subordinated promissory note 9.25% $ 2,000,000 $ 2,000,000 Senior secured promissory note 10.00% 918,785 1,194,421 2,918,785 3,194,421 Current portion (367,514 ) (367,514 ) $ 2,551,271 $ 2,826,907
Schedule of Related Party Lease Obligation	This obligation is shown in the accompanying Consolidated Balance Sheets as Related Party Lease Financing Obligation which consists of the following: October 1, 2017 January 1, 2017 Related party lease financing obligation $ 2,163,429 $ 2,165,798 Less: current portion (7,515 ) (3,647 ) Long-term Portion $ 2,155,914 $ 2,162,151
Schedule of Related Party Obligations, Current	The current portions of the long-term debt to related parties and the related party lease financing obligation are combined and are shown in current liabilities as related party obligation. October 1, 2017 January 1, 2017 Current portion of long-term debt to related parties $ 367,514 $ 367,514 Current portion of related party lease financing obligation 7,515 3,647 Related Party Obligation $ 375,029 $ 371,161

Capital Leases (Tables)

Capital Leases (Tables)	9 Months Ended
	Oct. 01, 2017
Capital Leases Tables
Schedule of Capital Leases Principal Requirements	Capital lease obligations consist of the following: October 1, 2017 January 1, 2017 Capital lease obligations $ 1,028,467 $ 1,224,889 Less: current portion (399,205 ) (368,718 ) Long-term Portion $ 629,262 $ 856,171

Accumulated Other Comprehensi32

Accumulated Other Comprehensive Loss (Tables)	9 Months Ended
	Oct. 01, 2017
AOCI Attributable to Parent [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The changes in accumulated other comprehensive loss were as follows: Minimum Benefit Liability Adjustments Foreign Currency Translation Adjustment Total Balance at January 1, 2017 $ 233,877 $ (1,912,363 ) $ (1,678,486 ) Other comprehensive losses before reclassifications, net - 882,483 882,483 Balance at October 1, 2017 $ 233,877 $ (1,029,880 ) $ (796,003 )
Gain (Loss) Reclassified from AOCI	The gain (loss) reclassified from accumulated other comprehensive income (loss) into income is recorded to the following income statement line items: Other Comprehensive Income (Loss) Component Income Statement Line Item Minimum Benefit Liability Adjustments General and administrative expense

Stock Option Plan (Tables)

Stock Option Plan (Tables)	9 Months Ended
	Oct. 01, 2017
Schedule of Stock Option Plan:
Schedule of Stock Options Activity	Stock option activity for the nine months ended October 1, 2017 and October 2, 2016 is as follows: Stock Options Total Weighted Average Exercise Price Exercisable Weighted Average Exercise Price Non-Vested Weighted Average Exercise Price Outstanding at January 3, 2016 665,000 $ 2.37 - $ - 665,000 $ 2.37 Granted 360,250 3.57 - - 360,250 3.57 Vested - - 230,001 2.37 (230,001 ) 2.37 Exercised (5,000 ) 2.37 (5,000 ) 2.37 - - Forfeited or cancelled (15,000 ) 2.77 - - (15,000 ) 2.77 Outstanding at October 2, 2016 1,005,250 $ 2.79 225,001 $ 2.37 780,249 $ 2.92 Outstanding at January 1, 2017 997,750 $ 2.80 217,501 $ 2.37 780,249 $ 2.92 Granted - - - - - - Vested - - 330,913 2.80 (330,913 ) 2.80 Exercised - - - - - - Forfeited or cancelled (10,000 ) 2.97 (6,667 ) 2.67 (3,333 ) 3.57 Outstanding October 1, 2017 987,750 $ 2.80 541,747 $ 2.63 446,003 $ 3.00 Aggregate Intrinsic Value October 2, 2016 $ 487,500 $ 168,751 $ 318,749 Aggregate Intrinsic Value $ 51,000 $ 34,000 $ 17,000 October 1, 2017

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	9 Months Ended
	Oct. 01, 2017
Earnings Per Common Share Tables
Schedule of Earnings Per Common Share	The following table sets forth the computation of earnings per common share - basic and earnings per common share – diluted Three Months Ended Nine Months Ended October 1, 2017 October 2, 2016 October 1, 2017 October 2, 2016 Numerator Net income (loss) available to common shareholders $ (477,553 ) $ 578,015 $ 207,689 $ 2,193,844 Denominator Denominator for basic earnings per share - weighted average shares outstanding 18,698,030 18,828,292 18,708,427 18,843,440 Weighted average effect of dilutive securities - 65,644 85,660 65,645 Denominator for dilutive earnings per share - weighted average shares outstanding 18,698,030 18,893,936 18,794,087 18,909,085 Basic and Diluted Income (Loss) Per Share Net income (loss) available to common shareholders $ (0.03 ) $ 0.03 $ 0.01 $ 0.12 Effect of dilutive securities - - - - Net income (loss) available to common shareholders $ (0.03 ) $ 0.03 $ 0.01 $ 0.12

Noncash Transactions and Supp35

Noncash Transactions and Supplemental Disclosure of Cash Flow Information (Details) - USD ($)	9 Months Ended
	Oct. 01, 2017	Oct. 02, 2016
Supplemental Cash Flow Elements [Abstract]
Payments on term loans	$ 295,168	$ 301,812
New equipment leases during the year	845,553	584,624
Interest	1,212,910	1,236,465
Tax payments

Derivatives (Details)

Derivatives (Details)	9 Months Ended
	Oct. 01, 2017
Derivatives Details
Percentage of risk on currency exchange contracts	25.00%

Fair Value of Financial Instr37

Fair Value of Financial Instruments (Details) - USD ($)	Oct. 01, 2017	Jan. 01, 2017
Fair Value Of Financial Instruments Details
Fair value of foreign currency exchange contracts	$ 2,220	$ 9,718

Inventories (Details)

Inventories (Details) - USD ($)	Oct. 01, 2017	Jan. 01, 2017
Inventory Disclosure [Abstract]
Raw materials	$ 6,180,471	$ 5,199,632
Work-in-process	5,305,440	4,491,250
Finished goods	11,223,336	8,669,625
Inventories gross	22,709,247	18,360,507
Less: Allowance for inventory obsolescence	(1,419,968)	(1,314,336)
Total Inventories	$ 21,289,279	$ 17,046,171

Other Long-term Assets (Details

Other Long-term Assets (Details) - USD ($)	Oct. 01, 2017	Jan. 01, 2017
Other Assets, Noncurrent [Abstract]
Non-current deferred tax asset	$ 5,684,424	$ 5,689,000
Other	1,339,557	976,375
Total Other Long-term Assets	$ 7,023,981	$ 6,665,375

Other Long-term Liabilities (De

Other Long-term Liabilities (Details) - USD ($)	Oct. 01, 2017	Jan. 01, 2017
Other Liabilities, Noncurrent [Abstract]
Non-current deferred tax liability	$ 605,004	$ 743,971
Other	35,302	48,056
Total Other Long-term Liabilities	$ 640,306	$ 792,027

Lines of Credit (Details)

Lines of Credit (Details)	9 Months Ended
	Oct. 01, 2017USD ($)	Oct. 01, 2017GBP (£)	Jan. 01, 2017USD ($)	Jan. 01, 2017GBP (£)
Lloyds Bank Commercial Finance Limited [Member] | Wardle Storeys [Member]
Line of credit maximum amount	$ 12,000,000
Line of credit interest rate description	The line has several tranches based on currency or underlying security. Interest is payable monthly at the base rate (UK LIBOR) plus 1.95% to 2.45% depending on the tranche.
Line of credit amount outstanding	$ 9,543,696		$ 7,131,204
Lloyds Bank Commercial Finance Limited [Member] | Wardle Storeys [Member] | British Pound Sterling [Member]
Line of credit maximum amount | £		£ 9,000,000
Line of credit amount outstanding | £		£ 7,125,103		£ 5,792,236
Lloyds Bank Commercial Finance Limited [Member] | Wardle Storeys [Member] | Minimum [Member]
Line of credit premium over base rate	1.95%
Lloyds Bank Commercial Finance Limited [Member] | Wardle Storeys [Member] | Maximum [Member]
Line of credit premium over base rate	2.45%
Wells Fargo Capital Finance, LLC [Member]
Line of credit maximum amount	$ 30,000,000
Line of credit premium over base rate	2.25%
Line of credit interest rate description	Interest is payable monthly at the Euro dollar rate plus 2.25% or Wells Fargo Capital Finance, LLC’s prime rate at the Company’s election on outstanding balances up to $6,000,000 and prime rate on amounts in excess of $6,000,000.
Line of credit amount outstanding	$ 10,289,656		$ 9,668,388
Line of credit, maturity date	Oct. 17, 2019

Long-Term Debt (Schedule of Lon

Long-Term Debt (Schedule of Long-term debt) (Details) - USD ($)	Oct. 01, 2017	Jan. 01, 2017
Debt Instrument [Line Items]
Long-term debt	$ 3,054,423	$ 2,846,898
Less: Current portion	(1,021,491)	(851,988)
Long-Term Portion	2,032,932	1,994,910
Wells Fargo Capital Finance LLC Loan [Member]
Debt Instrument [Line Items]
Long-term debt	866,825	1,089,721
Lloyds Bank Commercial Finance Limited [Member] | Wardle Storeys [Member]
Debt Instrument [Line Items]
Long-term debt	121,392	181,392
Kennet Equipment Leasing Financing Obligation [Member]
Debt Instrument [Line Items]
Long-term debt	733,923	801,153
Balboa Capital Corporation Note Payable [Member]
Debt Instrument [Line Items]
Long-term debt	108,895	213,230
Regents Capital Corporation Note Payable [Member]
Debt Instrument [Line Items]
Long-term debt	267,974	350,000
De Lage Landen Financial Services Note Payable [Member]
Debt Instrument [Line Items]
Long-term debt	102,256	118,073
Ford Motor Credit Note Payable [Member]
Debt Instrument [Line Items]
Long-term debt	38,800	44,387
Byline Financial Group Note Payable [Member]
Debt Instrument [Line Items]
Long-term debt	33,659	48,942
Regents Capital Corporation Note Payable 1 [Member]
Debt Instrument [Line Items]
Long-term debt	299,719
Regents Capital Corporation Note Payable 2 [Member]
Debt Instrument [Line Items]
Long-term debt	321,584
Regents Capital Corporation Note Payable 3 [Member]
Debt Instrument [Line Items]
Long-term debt	$ 159,396

Long-Term Debt (Schedule of L43

Long-Term Debt (Schedule of Long-term debt Interest Rate) (Details)	9 Months Ended
	Oct. 01, 2017
Kennet Equipment Leasing Financing Obligation [Member]
Debt Instrument [Line Items]
Long term debt, interest rate	10.90%
Balboa Capital Corporation Note Payable [Member]
Debt Instrument [Line Items]
Long term debt, interest rate	5.72%
Regents Capital Corporation Note Payable [Member]
Debt Instrument [Line Items]
Long term debt, interest rate	7.40%
De Lage Landen Financial Services Note Payable [Member]
Debt Instrument [Line Items]
Long term debt, interest rate	7.35%
Ford Motor Credit Note Payable [Member]
Debt Instrument [Line Items]
Long term debt, interest rate	4.30%
Byline Financial Group Note Payable [Member]
Debt Instrument [Line Items]
Long term debt, interest rate	8.56%
Regents Capital Corporation Note Payable 1 [Member]
Debt Instrument [Line Items]
Long term debt, interest rate	6.20%
Regents Capital Corporation Note Payable 2 [Member]
Debt Instrument [Line Items]
Long term debt, interest rate	6.47%
Regents Capital Corporation Note Payable 3 [Member]
Debt Instrument [Line Items]
Long term debt, interest rate	6.50%
Lloyds Bank Commercial Finance Limited [Member] | Wardle Storeys [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Long-term debt, interest rate above basis	3.15%
Long-term debt, interest rate basis	LIBOR
Wells Fargo Capital Finance LLC Loan [Member]
Debt Instrument [Line Items]
Long-term debt, interest rate basis	Prime

Related Party Obligations (Narr

Related Party Obligations (Narrative) (Details) - Company's Majority Owners [Member] - USD ($)	9 Months Ended
	Oct. 01, 2017	Jan. 01, 2017
Long-term debt, interest rate	18.20%
Long-term debt, periodic payment	$ 32,439
Long-term debt, security deposit		$ 267,500
Long-term debt, maturity date	Oct. 31, 2033

Related Party Obligations (Long

Related Party Obligations (Long-term debt to related parties) (Details) - USD ($)	9 Months Ended
	Oct. 01, 2017	Jan. 01, 2017
Total debt to related parties	$ 2,918,785	$ 3,194,421
Less: Current portion of debt to related parties	(367,514)	(367,514)
Total Long-term Debt to Related Parties	2,551,271	2,826,907
Senior subordinated promissory note [Member]
Total debt to related parties	$ 2,000,000	2,000,000
Long-term debt, interest rate	9.25%
Senior secured promissory note [Member]
Total debt to related parties	$ 918,785	$ 1,194,421
Long-term debt, interest rate	10.00%

Related Party Obligations (Leas

Related Party Obligations (Lease Financing Obligation) (Details) - USD ($)	Oct. 01, 2017	Jan. 01, 2017
Related Party Lease Financing Obligation Details
Related party lease financing obligation	$ 2,163,429	$ 2,165,798
Less: Current portion	(7,515)	(3,647)
Long-Term Portion	$ 2,155,914	$ 2,162,151

Related Party Obligations (Sche

Related Party Obligations (Schedule of Current Portions) (Details) - USD ($)	Oct. 01, 2017	Jan. 01, 2017
Related Party Obligations Schedule Of Current Portions Details
Current portion of long-term debt to related parties	$ 367,514	$ 367,514
Current portion of related party lease financing obligation	7,515	3,647
Related Party Obligation	$ 375,029	$ 371,161

Capital Leases (Details)

Capital Leases (Details) - USD ($)	Oct. 01, 2017	Jan. 01, 2017
Capital Leases Details
Capital Leases on equipment - Monthly lease payments minimum	$ 1,119
Capital Leases on equipment - Monthly lease payments maximum	$ 31,120
Capital Leases on equipment -Interest rates minimum	3.84%
Capital Leases on equipment -Interest rates maximum	19.15%
Capital lease obligation	$ 1,028,467	$ 1,224,889
Less: current portion	(399,205)	(368,718)
Long-term Portion	$ 629,262	$ 856,171

Accumulated Other Comprehensi49

Accumulated Other Comprehensive Loss (Details)	9 Months Ended
	Oct. 01, 2017USD ($)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	$ (1,678,486)
Other comprehensive losses before reclassifications, net	882,483
Balance	(796,003)
Minimum Benefit Liability Adjustments [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	233,877
Other comprehensive losses before reclassifications, net
Balance	233,877
Foreign Currency Translation Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	(1,912,363)
Other comprehensive losses before reclassifications, net	882,483
Balance	$ (1,029,880)

Stock Option Plan (Narrative) (

Stock Option Plan (Narrative) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Jul. 01, 2017	Oct. 02, 2016	Oct. 01, 2017	Oct. 02, 2016
Stock Option Plan Narrative Details
Stock-based compensation expense	$ 102,010	$ 112,375	$ 308,655	$ 277,939
Unrecognized compensation cost			$ 464,812
Unrecognized compensation cost, recognition period			18 months

Stock Option Plan (Option Activ

Stock Option Plan (Option Activity) (Details)	9 Months Ended
	Oct. 01, 2017USD ($)$ / sharesshares	Oct. 02, 2016USD ($)$ / sharesshares
Total Stock Options
Outstanding | shares	997,950	665,000
Granted | shares		360,250
Vested | shares
Exercised | shares		(5,000)
Forfeited or cancelled | shares	(10,000)	(15,000)
Outstanding | shares	987,750	1,005,250
Total Weighted Average Exercise Price
Outstanding | $ / shares	$ 2.80	$ 2.37
Granted | $ / shares		3.57
Vested | $ / shares
Exercised | $ / shares		2.37
Forfeited or cancelled | $ / shares	2.97	2.77
Outstanding | $ / shares	$ 2.80	$ 2.79
Exercisable
Outstanding | shares	217,501
Granted | shares
Vested | shares	330,913	230,001
Exercised | shares		(5,000)
Forfeited or cancelled | shares	(6,667)
Outstanding | shares	541,747	225,001
Exercisable Weighted Average Exercise Price
Outstanding | $ / shares	$ 2.37
Granted | $ / shares
Vested | $ / shares	2.80	2.37
Exercised | $ / shares		2.37
Forfeited or cancelled | $ / shares	2.67
Outstanding | $ / shares	$ 2.63	$ 2.37
Nonvested
Outstanding | shares	780,249	665,000
Granted | shares		360,250
Vested | shares	(330,913)	(230,001)
Forfeited or cancelled | shares	(3,333)	(15,000)
Outstanding | shares	446,003	780,249
Nonvested Weighted Average Exercise Price
Outstanding | $ / shares	$ 2.92	$ 2.37
Granted | $ / shares		3.57
Vested | $ / shares	2.80	2.37
Forfeited or cancelled | $ / shares	3.57	2.77
Outstanding | $ / shares	$ 3	$ 2.92
Aggregate intrinsic value
Outstanding | $	$ 51,000	$ 487,500
Exercisable | $	34,000	168,751
Nonvested | $	$ 17,000	$ 318,749

Recent Accounting Pronounceme52

Recent Accounting Pronouncements (Details)	Oct. 01, 2017USD ($)
Recent Accounting Pronouncements Details
Current deferred tax assets amount	$ 1,301,280

Earnings Per Common Share (Deta

Earnings Per Common Share (Details) - USD ($)	3 Months Ended		9 Months Ended
	Oct. 01, 2017	Oct. 02, 2016	Oct. 01, 2017	Oct. 02, 2016
Numerator
Net income (loss) available to common shareholders	$ (477,553)	$ 578,015	$ 207,689	$ 2,193,844
Denominator
Denominator for basic earnings per share - weighted average shares outstanding	18,698,030	18,828,292	18,708,427	18,843,440
Weighted average effect of dilutive securities		65,644	85,660	65,645
Denominator for dilutive earnings per share - weighted average shares outstanding	18,698,030	18,893,936	18,794,087	18,909,085
Basic and Diluted Income (Loss) Per Share
Net income (loss) available to common shareholders	$ (0.03)	$ 0.03	$ 0.01	$ 0.12
Effect of dilutive securities
Net income (loss) available to common shareholders	$ (0.03)	$ 0.03	$ 0.01	$ 0.12

Earnings Per Common Share (Narr

Earnings Per Common Share (Narrative) (Details) - $ / shares	3 Months Ended		9 Months Ended
	Oct. 01, 2017	Oct. 02, 2016	Oct. 01, 2017	Oct. 02, 2016
Weighted average effect of dilutive securities		65,644	85,660	65,645
Option exercise price				$ 2.37
Stock Option [Member]
Weighted average effect of dilutive securities		350,250		355,250
Option exercise price		$ 3.57		$ 3.57