Note 8 - Other Expense (Income), Net

9 Months Ended

Oct. 01, 2017

Notes to Financial Statements

Other Income and Other Expense Disclosure [Text Block]

(

)

Other

Expense

(Income), Net

During the

three

and

nine

months ended

October

2017,

the Company recognized net gains of

$127,000

and

$2,664,000,

respectively, related to the sale of idle assets. Additionally, the Company recognized foreign currency related translation losses of

$147,000

and

$751,000,

respectively, related to the U.S. dollar denominated monetary asset position of our Mexican subsidiaries for which the Mexican peso is the functional currency.

The Company recognized other income of

$31,595,000

and

$34,166,000

for the

three

and

nine

months ended

October

2016,

respectively. Other income, net for the

first

nine

months of

2016

includes a net gain of

$31,240,000

from the CSS Sale (see Note

). Additionally, other income for the

first

nine

months of

2016

includes

$2,370,000

related to the gain recognized on the Toluca Sale-Leaseback completed during the

first

quarter of

2016.

(See Note