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Note 14 - Discontinued Operations
 12 Months Ended
Dec. 29, 2013
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

DISCONTINUED OPERATIONS


In 2012, the Company sold its Bentley Prince Street business segment to a third party. In accordance with applicable accounting standards, the Company has reported the results of operations for the former Bentley Prince Street business segment as “discontinued operations,” where applicable. Consequently, the Company’s discussion of sales and other results of operations (except for net income or loss amounts), including percentages derived from or based on such amounts, excludes these discontinued operations unless we indicate otherwise.


Summary operating results for the discontinued operations are as follows:


   

FISCAL YEAR

 
   

2013

   

2012

   

2011

 
   

(in thousands)

 

Net sales

  $ 0     $ 57,017     $ 104,006  

Income (loss) on operations before taxes

    0       (26,120 )     694  

Taxes on income (benefit)

    0       (9,164 )     243  

Income (loss) on operations, net of tax

    0       (16,956 )     451  

Loss from discontinued operations, net of tax, for 2012 was comprised of the following after-tax amounts: (1) $8.6 million of loss on disposal; (2) $5.9 million of costs to sell the operations; and (3) $2.5 million of non-disposal loss from the discontinued operations.


There were no assets and liabilities, including reserves, related to discontinued operations that were held for sale as of December 29, 2013 or December 30, 2012.