Quarterly report pursuant to Section 13 or 15(d)

DISCONTINUED OPERATION (Notes)

v3.2.0.727
DISCONTINUED OPERATION (Notes)
 6 Months Ended
Jul. 04, 2015
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]
DISCONTINUED OPERATIONS
On June 27, 2014, the Company completed the planned closure of Bristol Fab, and on August 29, 2014, the Company completed the sale of all of the issued and outstanding membership interests of its wholly-owned subsidiary, Ram-Fab, to a subsidiary of Primoris Services Corporation. All non-recurring costs associated with these dispositions have been included as discontinued operations in the consolidated financial statements as part of the Metals Segment.
The Company's results from discontinued operations are summarized below. These operating results for the three and six month periods ended June 28, 2014 do not necessarily reflect what they would have been had Bristol Fab and Ram-Fab not been classified as discontinued operations.
 
 
Three months ended
 
Six months ended
 
 
Jun 28, 2014
 
Jun 28, 2014
 
 
 
 
 
Net sales
 
$
10,666,000

 
$
18,711,000

Loss before income taxes
 
$
(7,744,000
)
 
$
(8,437,000
)
Benefit from income taxes
 
(2,361,000
)
 
(2,581,000
)
Net loss from discontinued operations
 
$
(5,383,000
)
 
$
(5,856,000
)

No assets or liabilities were held for sale at July 4, 2015 or January 3, 2015.