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Consolidated Balance Sheets (Unaudited) - USD ($)
Jul. 05, 2015
Dec. 31, 2014
Series A Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock $ 0 $ 0
Nonvoting Common Stock [Member]    
Stockholders’ equity:    
Common stock 0 0
Cash and cash equivalents 1,579,000 7,003,000
Accounts receivable, net 13,197,000 47,666,000
Inventory, net 24,464,000 29,031,000
Other current assets 7,454,000 5,666,000
Assets held for sale – current 9,410,000 0
Total current assets 56,104,000 89,366,000
Property, plant and equipment, net 27,798,000 37,654,000
Other assets 4,006,000 2,661,000
Total assets 87,908,000 129,681,000
Accounts payable 15,021,000 39,027,000
Accrued liabilities 13,333,000 18,775,000
Note payable – Meritor 3,047,000 0
Note payable – related party 5,500,000 0
Current portion of long-term debt 16,749,000 17,000,000
Liabilities held for sale – current 1,833,000 0
Total current liabilities 55,483,000 74,802,000
Other liabilities 7,615,000 7,991,000
Total liabilities 63,098,000 82,793,000
Preferred stock 0 0
Common stock 208,000 206,000
Additional paid-in capital 151,736,000 151,314,000
Retained deficit (101,045,000) (79,596,000)
Accumulated other comprehensive loss (26,088,000) (25,035,000)
Treasury stock, 34,692 and 82,692 shares in 2015 and 2014, respectively (1,000) (1,000)
Total stockholders’ equity 24,810,000 46,888,000
Total liabilities and stockholders’ equity $ 87,908,000 $ 129,681,000