XML 43 R18.htm IDEA: XBRL DOCUMENT
v3.20.1

Note 12 - Leases | 12 Months Ended
--- | ---
Dec. 31, 2019
Notes to Financial Statements |
Lessee, Operating Leases [Text Block] |
12. | Leases
Operating Lease Commitments: The Company leases its facilities under non-cancelable operating leases expiring on various dates through January 1, 2024.The Company has operating leases for the Company’s corporate office and manufacturing facilities, which expire at various dates through 2024. The Company’s primary operating lease commitments at December 31, 2019 related to the Company’s manufacturing facilities in Valdosta, Georgia, Nogales, Arizona and Salt Lake City, Utah, as well as the Company’s corporate headquarters in Markham, Ontario, Canada. As of December 31, 2019, the Company had operating lease right-of-use assets of $3,178,000 and operating lease liabilities of $3,219,000. As of December 31, 2019, we did not have any finance leases recorded on the Company’s condensed consolidated balance sheet. Operating lease expense was approximately $201,000 and $603,000 for the year ended December 31, 2019. The aggregate future minimum lease payments and reconciliation to lease liabilities as of December 31, 2019 were as follows:
|  | December 31, |
|  | 2019 |
2020 |  | $ | 1,021,000 |
2021 |  |  | 1,000,000 |
2022 |  |  | 670,000 |
2023 |  |  | 676,000 |
2024 |  |  | 126,000 |
Total future minimum lease payments |  |  | 3,493,000 |
Less imputed interest |  |  | (274,000 | )
Total lease liabilities |  | $ | 3,219,000 |
As of December 31, 2019, the weighted average remaining lease term of the Company’s operating leases was 4.78 years. During the year ended December 31, 2019, the weighted average discount rate with respect to these leases was 4.29%.

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration