XML 42 R17.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 11 - Property, Plant and Equipment
9 Months Ended
Sep. 28, 2014
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]

(11)

Property, Plant and Equipment


Property, plant and equipment consisted of the following (in thousands):


   

September 28,

   

December 31,

 
   

2014

   

2013

 
   

(Unaudited)

         

Land and land improvements

  $ 2,952     $ 2,999  

Buildings and building improvements

    26,548       26,053  

Machinery, equipment, furniture and fixtures

    164,148       161,207  

Construction in progress

    2,149       2,133  
      195,797       192,392  

Accumulated depreciation

    (155,089

)

    (147,709

)

    $ 40,708     $ 44,683  

The Industrial Group performed an asset recoverability test for its fixed asset group totaling approximately $36,016,000 of carrying value as of September 28, 2014. The Company concluded that the undiscounted sum of estimated future cash flows exceeded the carrying value for such asset group, and accordingly, no impairment was recognized. Additionally, the Company received fair market value appraisals for the Industrial Group’s personal property from an independent third party during the third quarter of 2014, which exceeds the carrying value for the Industrial Group’s fixed asset group as of September 28, 2014.