Subsequent Events (Tables)

9 Months Ended

Sep. 29, 2013

The unaudited condensed pro forma balance sheet of EMS and CTS excluding EMS as of September 29, 2013, assuming that the disposition of the EMS business had occurred as of that date, is provided as follows:


(In Thousands)	EMS Business Sold		Pro Forma CTS Post-EMS Sale
Cash and cash equivalents	$	—	$	169,830
Receivables, net of allowance		32,709		64,100
Inventories		50,997		33,608
Other current assets		6,373		23,290
Property, plant and equipment		14,001		75,479
Other assets		5,022		137,554

Total Assets	$	109,102	$	503,861

Current liabilities	$	38,394	$	85,037
Long-term liabilities		30		148,437

Total Liabilities	$	38,424	$	233,474

Proforma Condensed Statement of Earnings Loss

The following unaudited pro forma condensed statement of earnings/(loss) for the nine months ended September 29, 2013 is presented as though the Company sold EMS as of January 1, 2013. The unaudited pro forma condensed statement of earnings/(loss) was prepared by adjusting the results of the Company to exclude the results of EMS and estimates of the effects of the sale of EMS on the combined financial results.


	Nine Months Ended September 29, 2013
	(In thousands, except per share data) (Unaudited)
Revenues	$	307,075
Net loss	$	(1,709	)
Loss per common share
Basic	$	(0.05	)
Diluted	$	(0.05	)