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Business Combinations (Tables) | 12 Months Ended
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Dec. 28, 2013
Business Acquisition [Line Items] |
Business Acquisition, Pro Forma Information | Business Combinations Ikanos During the three month period ended March 31, 2012 the Company acquired a 25% interest in Ikanos, a private company, for $0.7 million and accounted for its interest using the equity method of accounting. On July 10, 2012, the Company purchased an additional 70,748 newly issued shares of Ikanos common stock for approximately $2.5 million, from Ikanos (the "Transaction"). As a result of this transaction and the Company's previous investment in Ikanos, the Company owns approximately 51% of the outstanding stock of Ikanos. The remaining 49% is held by other investors and employees of Ikanos. The Company began consolidating Ikanos on July 1, 2012. The total purchase price was $2,581,000 and is comprised of
Cash consideration | $ | 2,500,000 |
Fair market value of Kopin's previously held equity method investment in Ikanos | 81,000 |
Total purchase price | $ | 2,581,000 |
The purchase price was as follows:
| July 10, 2012 (As initially reported) |  | Measurement period adjustments |  | July 10, 2012 (As adjusted)
Cash and marketable securities | $ | 2,594,000 |  |  | $ | — |  |  | $ | 2,594,000 |
Accounts receivable | 167,000 |  |  | — |  |  | 167,000 |
Property, plant and equipment | 277,000 |  |  | — |  |  | 277,000 |
Customer Relationships | — |  |  | 400,000 |  |  | 400,000 |
Trade name | — |  |  | 170,000 |  |  | 170,000 |
Goodwill | 1,141,000 |  |  | (456,000 | ) |  | 685,000 |
Other identifiable assets | 111,000 |  |  | — |  |  | 111,000 |
Identifiable liabilities | (325,000 | ) |  | (114,000 | ) |  | (439,000 | )
Noncontrolling interest in Ikanos | (1,384,000 | ) |  | — |  |  | (1,384,000 | )
Total | $ | 2,581,000 |  |  | $ | — |  |  | $ | 2,581,000 |
The Company remeasured and decreased its investment in Ikanos by approximately $558,000 within the statement of operations which represented the fair market value of the investment immediately prior to the Transaction. The results of operations of the Ikanos acquisition have been included in the consolidated statements of operations from the time the Company assumed majority ownership, approximately July 1, 2012. Ikanos' net loss from operations included in the consolidated results of operation for the year ended December 29, 2012 was $1.5 million. The transaction related costs associated with the Ikanos acquisition were considered immaterial and are included within selling, general and administrative expense for the fiscal year ended December 29, 2012. The goodwill will not be deductible for tax purposes. In 2013, Ikanos repurchased some of its outstanding common stock and the Company increased its ownership of Ikanos to 58%. eMDT In April 2013, the Company acquired 51% of the outstanding stock of eMDT, 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 acquisition, the Company has preliminarily allocated excess purchase price in the amount of approximately $400,000 to goodwill. The Company's has finalized the purchase accounting. The results of operations of the eMDT acquisition have been included in the consolidated statements of operations from the time the Company assumed majority ownership, approximately April 17, 2013. eMDT's net loss from operations included in the consolidated results of operation for the year ended December 28, 2013 was $0.3 million. The transaction related costs associated with the eMDT acquisition were considered immaterial and are included within selling, general and administrative expense for the fiscal year ended December 28, 2013. The goodwill will not be deductible for tax purposes. The unaudited pro forma financial results for the fiscal years ended December 28, 2013 and December 29, 2012 combine the unaudited historical results of the Company along with the unaudited historical results of Ikanos and eMDT. The results include the effects of unaudited pro forma adjustments as if Ikanos and eMDT were acquired on January 1, 2012 (the first day of the Company's fiscal year 2012). There were no material nonrecurring pro forma adjustments in the calculation of revenue or earnings. The pro forma financial results presented below do not include any anticipated synergies or other expected benefits of the acquisition. These results are presented for informational purposes only and are not necessarily indicative of future operations.
| Twelve Months Ended
| December 28, 2013 | December 29, 2012
Revenue | $ | 23,103,000 |  | $ | 36,142,000 |
Net Loss | (4,670,000 | ) | (18,805,000 | )
Ikanos |
Business Acquisition [Line Items] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The purchase price was as follows:
| July 10, 2012 (As initially reported) |  | Measurement period adjustments |  | July 10, 2012 (As adjusted)
Cash and marketable securities | $ | 2,594,000 |  |  | $ | — |  |  | $ | 2,594,000 |
Accounts receivable | 167,000 |  |  | — |  |  | 167,000 |
Property, plant and equipment | 277,000 |  |  | — |  |  | 277,000 |
Customer Relationships | — |  |  | 400,000 |  |  | 400,000 |
Trade name | — |  |  | 170,000 |  |  | 170,000 |
Goodwill | 1,141,000 |  |  | (456,000 | ) |  | 685,000 |
Other identifiable assets | 111,000 |  |  | — |  |  | 111,000 |
Identifiable liabilities | (325,000 | ) |  | (114,000 | ) |  | (439,000 | )
Noncontrolling interest in Ikanos | (1,384,000 | ) |  | — |  |  | (1,384,000 | )
Total | $ | 2,581,000 |  |  | $ | — |  |  | $ | 2,581,000 |
Schedule of Business Acquisitions, by Acquisition | The total purchase price was $2,581,000 and is comprised of
Cash consideration | $ | 2,500,000 |
Fair market value of Kopin's previously held equity method investment in Ikanos | 81,000 |
Total purchase price | $ | 2,581,000 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 54 -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 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 55 -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 Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph 68 -Subparagraph r(2, 3) -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 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1486-128463 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 52 -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 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 51 -Subparagraph a -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 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph F4 -Subparagraph e -Appendix F Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph 68 -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. + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472 + Details
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