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Quarterly Results of Operations (unaudited) | 12 Months Ended
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Dec. 31, 2022
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Results of Operations (unaudited) [Text Block] | 23. Quarterly Results of Operations (unaudited) As described in Note 1 - Significant Accounting Policies - Revision of Prior Period Financial Statements, the Company has corrected errors that effected the previously reported unaudited consolidated financial statements for the first three interim periods of fiscal 2022 and each of the four quarterly periods of fiscal 2021. The tables that follow present the unaudited consolidated results of operations of the Company for each of the quarters in the years ended December 31, 2022 and January 1, 2022, together with the effects of the revisions on the previously reported unaudited consolidated statements of operations and cash flows for each quarter preceding the fourth quarter of 2022.
Fiscal 2022 |  | Third Quarter Ended October 1, 2022 |  |  | Fourth Quarter Ended December 31, 2022 |
|  | As Previously Reported |  |  | Adjustment |  |  | As Revised |  |  |  |  |  | As Reported |
Consolidated Statements of Operations |  | $ |  |  | $ |  |  | $ |  |  |  |  |  | $ |
Revenues |  | 229,665 |  |  | - |  |  | 229,665 |  |  |  |  |  | 221,293 |
Cost of goods sold |  | 198,282 |  |  | - |  |  | 198,282 |  |  |  |  |  | 193,076 |
Gross profit |  | 31,383 |  |  | - |  |  | 31,383 |  |  |  |  |  | 28,217 |
Selling, general and administrative expenses |  | 20,654 |  |  | - |  |  | 20,654 |  |  |  |  |  | 22,144 |
Intangible asset amortization |  | 2,612 |  |  | - |  |  | 2,612 |  |  |  |  |  | 2,446 |
Other expense, net |  | 20,200 |  |  | - |  |  | 20,200 |  |  |  |  |  | 105 |
Foreign exchange loss (gain) |  | 473 |  |  | - |  |  | 473 |  |  |  |  |  | (1,622 | )
Earnings (loss) from continuing operations before the following |  | (12,556 | ) |  | - |  |  | (12,556 | ) |  |  |  |  | 5,144 |
Interest expense, net |  | 4,342 |  |  | - |  |  | 4,342 |  |  |  |  |  | 4,730 |
Earnings (loss) from continuing operations before income taxes |  | (16,898 | ) |  | - |  |  | (16,898 | ) |  |  |  |  | 414 |
Income tax expense (benefit) |  | (4,259 | ) |  | (705 | ) |  | (4,964 | ) |  |  |  |  | 1,285 |
Earnings (loss) from continuing operations |  | (12,639 | ) |  | 705 |  |  | (11,934 | ) |  |  |  |  | (871 | )
Earnings from discontinued operations |  | - |  |  | - |  |  | - |  |  |  |  |  | 1,925 |
Net earnings (loss) |  | (12,639 | ) |  | 705 |  |  | (11,934 | ) |  |  |  |  | 1,054 |
Dividends and accretion on preferred stock |  | (764 | ) |  | - |  |  | (764 | ) |  |  |  |  | (830 | )
Earnings (loss) attributable to common shareholders |  | (13,403 | ) |  | 705 |  |  | (12,698 | ) |  |  |  |  | 224 |
Basic and diluted earnings (loss) per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Earnings (loss) from continuing operations(1) |  | (0.12 | ) |  | 0.01 |  |  | (0.12 | ) |  |  |  |  | (0.02 | )
Earnings from discontinued operations |  | - |  |  | - |  |  | - |  |  |  |  |  | 0.02 |
Earnings (loss) attributable to common shareholders(1) |  | (0.12 | ) |  | 0.01 |  |  | (0.12 | ) |  |  |  |  | 0.00 |
(1) The sum across of individual per share amounts may not add due to rounding.
Fiscal 2022 |  | Third Quarter Ended October 1, 2022 |  | Fourth Quarter Ended December 31, 2022 |
|  | As Previously Reported |  |  | Adjustment |  |  | As Revised |  |  | As Reported |
Consolidated Statements of Cash Flows |  | $ |  |  | $ |  |  | $ |  |  | $ |
Earnings (loss) from continuing operations |  | (12,639 | ) |  | 705 |  |  | (11,934 | ) |  | (871 | )
Items not affecting cash: |  |  |  |  |  |  |  |  |  |  |  |
Deferred income taxes |  | (2,925 | ) |  | (705 | ) |  | (3,630 | ) |  | (3,188 | )
Changes in operating assets and liabilities |  | 2,003 |  |  | - |  |  | 2,003 |  |  | 15,854 |
Net cash provided by operating activities of continuing operations |  | 19,973 |  |  | - |  |  | 19,973 |  |  | 27,513 |
Fiscal 2022 |  | First Quarter Ended April 2, 2022 |  |  | Second Quarter Ended July 2, 2022 |
|  | As Previously Reported |  |  | Adjustment |  |  | As Revised |  |  | As Previously Reported |  |  | Adjustment |  |  | As Revised |
Consolidated Statements of Operations |  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |
Revenues |  | 240,173 |  |  | - |  |  | 240,173 |  |  | 243,531 |  |  | - |  |  | 243,531 |
Cost of goods sold |  | 212,182 |  |  | (365 | ) |  | 211,817 |  |  | 208,633 |  |  | - |  |  | 208,633 |
Gross profit |  | 27,991 |  |  | 365 |  |  | 28,356 |  |  | 34,898 |  |  | - |  |  | 34,898 |
Selling, general and administrative expenses |  | 21,935 |  |  | 275 |  |  | 22,210 |  |  | 24,304 |  |  | - |  |  | 24,304 |
Intangible asset amortization |  | 2,612 |  |  | - |  |  | 2,612 |  |  | 2,612 |  |  | - |  |  | 2,612 |
Other expense, net |  | 287 |  |  | - |  |  | 287 |  |  | 1,540 |  |  | - |  |  | 1,540 |
Foreign exchange gain |  | (472 | ) |  | - |  |  | (472 | ) |  | (127 | ) |  | - |  |  | (127 | )
Earnings from continuing operations before the following |  | 3,629 |  |  | 90 |  |  | 3,719 |  |  | 6,569 |  |  | - |  |  | 6,569 |
Interest expense, net |  | 2,530 |  |  | - |  |  | 2,530 |  |  | 3,132 |  |  | - |  |  | 3,132 |
Earnings from continuing operations before income taxes |  | 1,099 |  |  | 90 |  |  | 1,189 |  |  | 3,437 |  |  | - |  |  | 3,437 |
Income tax expense (benefit) |  | 445 |  |  | (258 | ) |  | 187 |  |  | 939 |  |  | 213 |  |  | 1,152 |
Earnings from continuing operations |  | 654 |  |  | 348 |  |  | 1,002 |  |  | 2,498 |  |  | (213 | ) |  | 2,285 |
Earnings (loss) from discontinued operations |  | 3,566 |  |  | - |  |  | 3,566 |  |  | (814 | ) |  | - |  |  | (814 | )
Net earnings (loss) |  | 4,220 |  |  | 348 |  |  | 4,568 |  |  | 1,684 |  |  | (213 | ) |  | 1,471 |
Dividends and accretion on preferred stock |  | (755 | ) |  | - |  |  | (755 | ) |  | (760 | ) |  | - |  |  | (760 | )
Earnings (loss) attributable to common shareholders |  | 3,465 |  |  | 348 |  |  | 3,813 |  |  | 924 |  |  | (213 | ) |  | 711 |
Basic and diluted earnings (loss) per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Earnings (loss) from continuing operations(1) |  | (0.00 | ) |  | 0.00 |  |  | 0.00 |  |  | 0.02 |  |  | (0.00 | ) |  | 0.01 |
Earnings (loss) from discontinued operations |  | 0.03 |  |  | - |  |  | 0.03 |  |  | (0.01 | ) |  | - |  |  | (0.01 | )
Earnings (loss) attributable to common shareholders(1) |  | 0.03 |  |  | 0.00 |  |  | 0.04 |  |  | 0.01 |  |  | (0.00 | ) |  | 0.01 |
(1) The sum across of individual per share amounts may not add due to rounding.
Fiscal 2022 |  | First Quarter Ended April 2, 2022 |  | Second Quarter Ended July 2, 2022 |
|  | As Previously Reported |  |  | Adjustment |  |  | As Revised |  | As Previously Reported |  |  | Adjustment |  |  | As Revised |
Consolidated Statements of Cash Flows |  | $ |  |  | $ |  |  | $ |  | $ |  |  | $ |  |  | $ |
Earnings (loss) from continuing operations |  | 654 |  |  | 348 |  |  | 1,002 |  | 2,498 |  |  | (213 | ) |  | 2,285 |
Items not affecting cash: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deferred income taxes |  | 80 |  |  | (258 | ) |  | (178 | ) | 2,128 |  |  | 213 |  |  | 2,341 |
Changes in operating assets and liabilities |  | 3,281 |  |  | (90 | ) |  | 3,191 |  | (22,452 | ) |  | - |  |  | (22,452 | )
Net cash provided by (used in) operating activities of continuing operations |  | 15,543 |  |  | - |  |  | 15,543 |  | (2,454 | ) |  | - |  |  | (2,454 | )
Fiscal 2021 |  | Third Quarter Ended October 2, 2021 |  |  | Fourth Quarter Ended January 1, 2022 |
|  | As Previously Reported |  |  | Adjustment |  |  | As Revised |  |  | As Previously Reported |  |  | Adjustment |  |  | As Revised |
Consolidated Statements of Operations |  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |
Revenues |  | 198,479 |  |  | - |  |  | 198,479 |  |  | 204,232 |  |  | - |  |  | 204,232 |
Cost of goods sold |  | 175,123 |  |  | - |  |  | 175,123 |  |  | 185,828 |  |  | 365 |  |  | 186,193 |
Gross profit |  | 23,356 |  |  | - |  |  | 23,356 |  |  | 18,404 |  |  | (365 | ) |  | 18,039 |
Selling, general and administrative expenses |  | 16,487 |  |  | - |  |  | 16,487 |  |  | 16,793 |  |  | (275 | ) |  | 16,518 |
Intangible asset amortization |  | 2,612 |  |  | - |  |  | 2,612 |  |  | 2,612 |  |  | - |  |  | 2,612 |
Other expense, net |  | 1,172 |  |  | - |  |  | 1,172 |  |  | 1,442 |  |  | - |  |  | 1,442 |
Foreign exchange loss |  | 336 |  |  | - |  |  | 336 |  |  | 579 |  |  | - |  |  | 579 |
Earnings (loss) before the following |  | 2,749 |  |  | - |  |  | 2,749 |  |  | (3,022 | ) |  | (90 | ) |  | (3,112 | )
Interest expense, net |  | 2,854 |  |  | - |  |  | 2,854 |  |  | 2,624 |  |  | - |  |  | 2,624 |
Loss before income taxes |  | (105 | ) |  | - |  |  | (105 | ) |  | (5,646 | ) |  | (90 | ) |  | (5,736 | )
Income tax expense (benefit) |  | 2,929 |  |  | (125 | ) |  | 2,804 |  |  | (3,782 | ) |  | 4,124 |  |  | 342 |
Net earnings (loss) |  | (3,034 | ) |  | 125 |  |  | (2,909 | ) |  | (1,864 | ) |  | (4,214 | ) |  | (6,078 | )
Dividends and accretion on preferred stock |  | (748 | ) |  | - |  |  | (748 | ) |  | (752 | ) |  | - |  |  | (752 | )
Earnings (loss) attributable to common |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
shareholders |  | (3,782 | ) |  | 125 |  |  | (3,657 | ) |  | (2,616 | ) |  | (4,214 | ) |  | (6,830 | )
Basic and diluted earnings (loss) per share(1) |  | (0.04 | ) |  | 0.00 |  |  | (0.03 | ) |  | (0.02 | ) |  | (0.04 | ) |  | (0.06 | )
(1) The sum across of individual per share amounts may not add due to rounding.
Fiscal 2021 |  | Third Quarter Ended October 2, 2021 |  | Fourth Quarter Ended January 1, 2022 |
|  | As Previously Reported |  |  | Adjustment |  |  | As Revised |  | As Previously Reported |  |  | Adjustment |  |  | As Revised |
Consolidated Statements of Cash Flows |  | $ |  |  | $ |  |  | $ |  | $ |  |  | $ |  |  | $ |
Net earnings (loss) |  | (3,034 | ) |  | 125 |  |  | (2,909 | ) | (1,864 | ) |  | (4,214 | ) |  | (6,078 | )
Items not affecting cash: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deferred income taxes |  | 3,315 |  |  | (125 | ) |  | 3,190 |  | (2,744 | ) |  | 4,124 |  |  | 1,380 |
Changes in operating assets and liabilities |  | (5,494 | ) |  | - |  |  | (5,494 | ) | 13,717 |  |  | 90 |  |  | 13,807 |
Net cash provided by operating activities |  | 5,065 |  |  | - |  |  | 5,065 |  | 19,665 |  |  | - |  |  | 19,665 |
Fiscal 2021 |  | First Quarter Ended April 3, 2021 |  |  | Second Quarter Ended July 3, 2021 |
|  | As Previously Reported |  |  | Adjustment |  |  | As Revised |  |  | As Previously Reported |  |  | Adjustment |  |  | As Revised |
Consolidated Statements of Operations |  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |
Revenues |  | 207,640 |  |  | - |  |  | 207,640 |  |  | 202,273 |  |  | - |  |  | 202,273 |
Cost of goods sold |  | 177,651 |  |  | - |  |  | 177,651 |  |  | 175,937 |  |  | - |  |  | 175,937 |
Gross profit |  | 29,989 |  |  | - |  |  | 29,989 |  |  | 26,336 |  |  | - |  |  | 26,336 |
Selling, general and administrative expenses |  | 20,874 |  |  | - |  |  | 20,874 |  |  | 22,720 |  |  | - |  |  | 22,720 |
Intangible asset amortization |  | 2,194 |  |  | - |  |  | 2,194 |  |  | 2,532 |  |  | - |  |  | 2,532 |
Other expense, net |  | 1,615 |  |  | - |  |  | 1,615 |  |  | 4,661 |  |  | - |  |  | 4,661 |
Foreign exchange loss (gain) |  | 836 |  |  | - |  |  | 836 |  |  | (639 | ) |  | - |  |  | (639 | )
Earnings (loss) before the following |  | 4,470 |  |  | - |  |  | 4,470 |  |  | (2,938 | ) |  | - |  |  | (2,938 | )
Interest expense, net |  | 1,660 |  |  | - |  |  | 1,660 |  |  | 1,631 |  |  | - |  |  | 1,631 |
Earnings (loss) before income taxes |  | 2,810 |  |  | - |  |  | 2,810 |  |  | (4,569 | ) |  | - |  |  | (4,569 | )
Income tax expense (benefit) |  | 1,138 |  |  | (612 | ) |  | 526 |  |  | (3,651 | ) |  | (6,449 | ) |  | (10,100 | )
Net earnings (loss) |  | 1,672 |  |  | 612 |  |  | 2,284 |  |  | (918 | ) |  | 6,449 |  |  | 5,531 |
Dividends and accretion on preferred stock |  | (1,953 | ) |  | - |  |  | (1,953 | ) |  | (744 | ) |  | - |  |  | (744 | )
Earnings (loss) attributable to common shareholders |  | (281 | ) |  | 612 |  |  | 331 |  |  | (1,662 | ) |  | 6,449 |  |  | 4,787 |
Basic and diluted earnings (loss) per share(1) |  | (0.00 | ) |  | 0.01 |  |  | 0.00 |  |  | (0.02 | ) |  | 0.06 |  |  | 0.05 |
(1) The sum across of individual per share amounts may not add due to rounding.
Fiscal 2021 |  | First Quarter Ended April 3, 2021 |  | Second Quarter Ended July 3, 2021 |
|  | As Previously Reported |  |  | Adjustment |  |  | As Revised |  | As Previously Reported |  |  | Adjustment |  |  | As Revised |
Consolidated Statements of Cash Flows |  | $ |  |  | $ |  |  | $ |  | $ |  |  | $ |  |  | $ |
Net earnings (loss) |  | 1,672 |  |  | 612 |  |  | 2,284 |  | (918 | ) |  | 6,449 |  |  | 5,531 |
Items not affecting cash: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deferred income taxes |  | 837 |  |  | (612 | ) |  | 225 |  | (4,331 | ) |  | (6,449 | ) |  | (10,780 | )
Changes in operating assets and liabilities |  | (21,656 | ) |  | - |  |  | (21,656 | ) | (50,322 | ) |  | - |  |  | (50,322 | )
Net cash used in operating activities |  | (7,015 | ) |  | - |  |  | (7,015 | ) | (39,147 | ) |  | - |  |  | (39,147 | )

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI https://asc.fasb.org/topic&trid=2126967 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1B -URI https://asc.fasb.org/extlink&oid=126900988&loc=SL124452896-108306 + Details
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