Assets Held For Sale

6 Months Ended

Jun. 28, 2015

Assets Held For Sale (Details) [Abstract]

Assets Held For Sale [Text Block]

(9) Assets Held for Sale

On July 14, 2015, the Company announced its intent to sell its manufacturing operations in East Longmeadow, Massachusetts and Waterford, Ireland to the Cartamundi Group.  The Company anticipates that this transaction, which is subject to the signing of definitive agreements and the satisfaction of specified closing conditions, will close in the third quarter of 2015. As of June 28, 2015, the Company met the criteria to classify the assets and liabilities of the manufacturing operations, primarily comprised of inventory and property, plant and equipment, as assets and liabilities held for sale which have been classified in the accompanying balance sheet as follows: prepaid expenses and other current assets - $19,683; other assets - $26,374; accounts payable and accrued expenses - $2,471. The Company does not expect to record a loss related to the sale of these operations.