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Note 6 - Impairments of Investment in Unconsolidated Affiliate
9 Months Ended
Sep. 28, 2013
Disclosure Text Block Supplement [Abstract]  
Asset Impairment Charges [Text Block]

6. Impairment of Investment in Unconsolidated Affiliate


During the first quarter of 2013, the company fully impaired its investment in and loan receivable from Shocking owing to their filing for Chapter 7 bankruptcy protection on March 12, 2013. The impairment charge of approximately $10.7 million consisted of the remaining equity method investment of $8.7 million and a $2.0 million loan receivable, and reduces the carrying value of both the investment and loan receivable to zero at both March 30 and September 28, 2013.


The loss was recorded as a component of impairment and equity loss of unconsolidated affiliate in the Consolidated Statements of Net Income for the nine months ended September 28, 2013.