NOTE 5 - DETAIL OF CERTAIN BALANCE SHEET ACCOUNTS

12 Months Ended

Dec. 29, 2012

Supplemental Balance Sheet Disclosures [Text Block]

NOTE 5 - DETAIL OF CERTAIN BALANCE SHEET ACCOUNTS

The components of trade receivables as of December 29, 2012 and December 31, 2011, are as follows:

	2012			2011
	(dollars in thousands)
Amounts billed	$	35,549		$	40,202
Amounts unbilled		15,500			15,196
Retainage		4,014			414
Less: Allowance for uncollectible accounts		(2,593	)		(1,792	)
Trade receivables, net	$	52,470		$	54,020

Subject to our allowance for uncollectible accounts, all amounts listed are believed to be collectible within a year. The billed accounts receivable amount includes $693,000 in claims subject to uncertainty concerning their determination or ultimate realization due to bankruptcy issues. These claims are fully accounted for in our allowance for uncollectible accounts. There are no amounts unbilled representing claims or other similar items subject to uncertainty concerning their determination or ultimate realization. A receivable related to litigation is a component of our long-term receivables balance of $0.9 million as of December 29, 2012 and December 31, 2011 (see Note 17).

The components of short term and long term notes receivable as of December 29, 2012 and December 31, 2011, are as follows:

	2012		2011
	(dollars in thousands)
Aspen	$	514	$	514
Steele		729		—
Total short term notes receivable	$	1,243	$	514
SLE	$	894	$	899
Steele		2,267		—
Total long term notes receivable	$	3,161	$	899

The Aspen note bears interest at 6% per annum, payable in three installments based upon certain events.  The Steele note is a four year note, bearing interest at 8% per annum, payable in annual installments beginning November 1, 2013 and maturing November 1, 2016.  The SLE judgment is still being held by the court pending the outcome of continuing litigation (see Note 17).

The components of other current liabilities are as follows as of December 29, 2012 and December 31, 2011:

	2012		2011
	(dollars in thousands)
Accrual for known contingencies	$	701	$	2,061
Customer prepayments		694		655
Accrued interest and other		271		356
Other current liabilities	$	1,666	$	3,072

Our reserve for known contingencies consists primarily of litigation accruals and related legal fees and earn-out amounts that may become due under the terms of acquisition agreements.