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v3.20.4

GOODWILL | 12 Months Ended
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Jan. 02, 2021
GOODWILL |
4. GOODWILL | 4. GOODWILL The following is a roll-forward of goodwill for 2020 and 2019:
|  | Engineered |  |  | Diversified |  |  |  |
|  | Solutions |  |  | Products |  |  | Total |
2020 |  |  |  |  |  |  |  |  |
Beginning Balance |  | $ | 69,614,627 |  |  | $ | 9,903,385 |  |  | $ | 79,518,012 |
Investment in Hallink Moulds |  |  | 2,302,000 |  |  |  | - |  |  |  | 2,302,000 |
Impairment Charge |  |  | (972,824 | ) |  |  | (4,002,548 | ) |  |  | (4,975,372 | )
Foreign Exchange |  |  | 50,375 |  |  |  | - |  |  |  | 50,375 |
Ending Balance |  | $ | 70,994,178 |  |  | $ | 5,900,837 |  |  | $ | 76,895,015 |
|  | Engineered |  |  | Diversified |  |  |  |  |
|  | Solutions |  |  | Products |  |  | Total |
2019 |  |  |  |  |  |  |  |  |  |  |  |
Beginning Balance |  | $ | 24,936,991 |  |  | $ | 9,903,385 |  |  | $ | 34,840,376 |
Investment in Big 3 Precision |  |  | 44,636,744 |  |  |  | - |  |  |  | 44,636,744 |
Foreign Exchange |  |  | 40,892 |  |  |  | - |  |  |  | 40,892 |
Ending Balance |  | $ | 69,614,627 |  |  | $ | 9,903,385 |  |  | $ | 79,518,012 |

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- References No definition available. + Details
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- Definition The entire disclosure for goodwill. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2144439 + Details
Name: | us-gaap_GoodwillDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration