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Note 18 - Subsequent Event
6 Months Ended
Jun. 28, 2025
Notes to Financial Statements  
Subsequent Events [Text Block]

Note 18 Subsequent Event 

 

Sale of Manufacturing Facility in Kent, Washington

 

On July 10, 2025, as part of the Company’s ongoing strategy to focus on core operations and optimize its asset base utilization, the Company completed the sale of its manufacturing facility located at Kent, Washington (Weighing Solutions Segment) for total proceeds of $11.5 million and net proceeds, after broker’s commission and real estate excise tax, of approximately $10.8 million.

 

The carrying value of the asset was classified as assets held for sale under current asset in the consolidated balance sheet as of December 31, 2024. The Company expects to recognize a gain related to this transaction of approximately $5.6 million in July 2025.