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Note 8 - Other (Income) Expense, Net
9 Months Ended
Sep. 28, 2014
Other Income and Expenses [Abstract]  
Other Income and Other Expense Disclosure [Text Block]

(8)

Other (Income) Expense, Net


During the nine months ended September 28, 2014, the Company recognized net gains of $714,000 within the Industrial Group from the receipt of federal grant funds for improvements made under a flood relief program. Additionally, the Company recognized foreign currency related gains of $314,000 and $219,000 for the three and nine months ended September 28, 2014, respectively, related to the U.S. dollar denominated monetary asset position of our Mexican subsidiaries for which the Mexican peso is the functional currency. For the three and nine months ended September 29, 2013, the Company recognized net losses of $37,000 and net gains of $1,645,000, respectively, related to the disposition of idle assets and foreign currency related losses of $69,000 and $455,000, respectively. These gains and losses are included in other (income) expense, net on the consolidated statements of operations.