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OTHER ASSETS AND AMOUNTS DUE TO / FROM AFFILIATES | 3 Months Ended
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Mar. 30, 2013
Other Assets and Related Party Transactions Disclosure [Abstract] |
OTHER ASSETS AND AMOUNTS DUE TO / FROM AFFILIATES | OTHER ASSETS AND AMOUNTS DUE TO / FROM AFFILIATES Marketable Equity Securities As of March 30, 2013 and December 29, 2012, the Company had an investment in AWSC, with a fair market value of $1.7 million and $1.8 million, respectively and an adjusted cost basis of $0.7 million and $0.7 million, respectively. One of the Company’s directors is a director of AWSC and several directors of the Company own amounts ranging from 0.1% to 0.5% of the outstanding stock of AWSC. As of March 30, 2013 and December 29, 2012, the Company had an investment in WIN, with a fair market value of $1.4 million and an adjusted cost basis of $0. AWSC and WIN are listed on the Gre Tai Securities Exchange in Taiwan. The Company determines the fair market value of these investments based on the quoted prices from this exchange. Non-Marketable Securities—Equity Method Investments The Company has an approximate 12% ownership interest in KoBrite at March 30, 2013. The Company accounts for its interest using the equity method and at March 30, 2013 the carrying value of the investment was $1.7 million. One of the Company’s directors, who is the chairman of KTC, is a member of the Board of Directors of Bright LED, principal investor of KoBrite. During the three month period ended March 31, 2012 the Company acquired a 25% interest in Ikanos, a private company, for $0.7 million. On July 10, 2012, the Company invested an additional $2.5 million, which increased the Company’s interest in Ikanos to 51%. For the six month period ended June 30, 2012 the Company recorded the results of operation of Ikanos on the equity method of accounting and commencing in the third quarter of 2012 the Company consolidated Ikanos. Summarized income statements for the three month period ended March 31, 2012 include the results of both KoBrite for the three month periods ended December 31, 2011 (KoBrite's results are recorded one quarter in arrears) and Ikanos for the three month period ended March 31, 2012 and summarized income statements for the three month period ended March 30, 2013 include KoBrite's results for the three month period ended December 29, 2012 as follows:
| Three Months Ended
| March 30, 2013 |  | March 31, 2012
Revenue | $ | 1,063,000 |  |  | $ | 1,745,000 |
Gross margin | (565,000 | ) |  | (232,000 | )
Loss from operations | (987,000 | ) |  | (778,000 | )
Net loss | $ | (844,000 | ) |  | $ | (1,311,000 | )
In 2012, the Company acquired a 5% interest in a private company for $1.0 million and in January of 2013 the Company acquired an additional 10% for $900,000. If the private company achieves certain development milestones, the Company is obligated to acquire an additional 7.5% interest in the private company for a total of $1.9 million. In addition, for an eight month period after the achievement of all of the development milestones, the Company has the right to acquire an additional 10% interest in the private company for an additional $2.0 million or the private company can require the Company to purchase an additional 25% interest for an additional $2.0 million. As of March 30, 2013, the Company is accounting for its investment using the cost method. During the quarter, the Company acquired four patents for $1.8 million and hired the patents' inventor. Upon commencement of employment the Company issued to the employee 400,000 shares of the Company's common stock, of which 100,000 shares were immediately vested and 300,000 shares will vest upon the achievement of certain milestones. In April 2013, the Company acquired 51% of a private company for $400,000. The Company has an option to acquire an additional 25% of the Company for $200,000. In connection with the investment, the Company entered into a development agreement with the investee under which the Company will make payments to the investee of up to $2.1 million if certain milestones are achieved. During the three months ended March 30, 2013 the Company recorded an impairment of $2.5 million related to the write-off a cost based investment.

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- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 35 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=7658923&loc=d3e32787-111569 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 18 -Paragraph 20 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.12) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 35 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=7658923&loc=d3e32847-111569 + Details
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