Property, Plant and Equipment

12 Months Ended

Dec. 28, 2013

Property, Plant and Equipment [Abstract]

Property, plant and equipment consisted of the following at December 28, 2013 and December 29, 2012:



	Useful Life	2013			2012
Land		$	915,595		$	901,934
Buildings	10 years	2,398,188			2,424,152
Equipment	3-5 years	20,993,220			23,219,534
Leasehold improvements	Life of the lease	3,441,553			11,157,960
Furniture and fixtures	3 years	910,270			783,030
Equipment under construction		623,503			1,673,390
		29,282,329			40,160,000
Accumulated depreciation and amortization		(23,247,366		)	(31,673,594		)
Net property, plant and equipment		$	6,034,963		$	8,486,406

There were no material gains or losses on disposals of long-lived assets in fiscal years 2013, 2012 and 2011. Depreciation expense for the fiscal years 2013, 2012 and 2011 was approximately $2.4 million, $3.5 million and $3.8 million, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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