Income Tax Disclosure [Abstract] | Period [Axis] |
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2016-01-03 - 2016-12-31 |
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Income Tax Disclosure [Abstract] | |
Schedule of provision for income taxes | Our provision for income taxes consisted of the following: | | | | | | | | | | | | | | Fiscal Year Ended December 31, 2016 | | Fiscal Year Ended January 2, 2016 | | Fiscal Year Ended January 3, 2015 | | (In thousands) | Federal income taxes: | | | | | | Current | $ | 232 |
| | $ | — |
| | $ | — |
| Deferred | — |
| | — |
| | — |
| State income taxes: | |
| | |
| | |
| Current | 962 |
| | 235 |
| | 160 |
| Deferred | — |
| | — |
| | — |
| Foreign income taxes: | |
| | |
| | |
| Current | (70 | ) | | (68 | ) | | 134 |
| Deferred | (3 | ) | | (14 | ) | | 18 |
| Provision for income taxes | $ | 1,121 |
| | $ | 153 |
| | $ | 312 |
|
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Schedule of provision for income taxes is reconciled to the federal statutory | Our provision for income taxes is reconciled to the federal statutory amount as follows: | | | | | | | | | | | | | | Fiscal Year Ended December 31, 2016 | | Fiscal Year Ended January 2, 2016 | | Fiscal Year Ended January 3, 2015 | | (In thousands) | Expense (benefit) from income taxes computed at the federal statutory tax rate | $ | 6,022 |
| | $ | (3,998 | ) | | $ | (4,746 | ) | Expense (benefit) from state income taxes, net of federal benefit | 595 |
| | (474 | ) | | (623 | ) | Valuation allowance change | (6,319 | ) | | 4,318 |
| | 5,656 |
| Nondeductible items | 403 |
| | 288 |
| | 232 |
| Alternative minimum tax | 232 |
| | — |
| | — |
| Other | 188 |
| | 19 |
| | (207 | ) | Provision for income taxes | $ | 1,121 |
| | $ | 153 |
| | $ | 312 |
|
|
Schedule of net deferred income tax assets (liabilities) | The components of our net deferred income tax liabilities are as follows: | | | | | | | | | | December 31, 2016 | | January 2, 2016 | | (In thousands) | Deferred income tax assets: | | | | Inventory reserves | $ | 2,088 |
| | $ | 3,007 |
| Compensation-related accruals | 4,465 |
| | 4,819 |
| Accruals and reserves | 112 |
| | 508 |
| Accounts receivable | 656 |
| | 744 |
| Restructuring costs | — |
| | 32 |
| Intangible assets | 583 |
| | — |
| Property and equipment | 1,134 |
| | 778 |
| Pension | 10,747 |
| | 11,628 |
| Benefit from net operating loss (“NOL”) carryovers (1) | 78,236 |
| | 82,055 |
| Other | 194 |
| | 371 |
| Total gross deferred income tax assets | 98,215 |
| | 103,942 |
| Less: Valuation allowances | (97,552 | ) | | (103,311 | ) | Total net deferred income tax assets | 663 |
| | 631 |
| Deferred income tax liabilities: | |
| | |
| Other | (663 | ) | | (634 | ) | Total deferred income tax liabilities | (663 | ) | | (634 | ) | Deferred income tax liabilities, net | $ | — |
| | $ | (3 | ) |
| | (1) | Our federal NOL carryovers are $187.1 million and will expire in 12 to 19 years. Our state NOL carryovers are $256.9 million and will expire in 1 to 20 years. |
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Schedule of activity in deferred tax asset valuation allowance | Activity in our deferred tax asset valuation allowance for fiscal 2016 and 2015 was as follows: | | | | | | | | | | Fiscal Year Ended December 31, 2016 | | Fiscal Year Ended January 2, 2016 | | (In thousands) | Balance as of beginning of the year | $ | 103,311 |
| | $ | 99,979 |
| Valuation allowance provided for taxes related to: | |
| | |
| (Income) loss before income taxes | (5,759 | ) | | 3,332 |
| Balance as of end of the year | $ | 97,552 |
| | $ | 103,311 |
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Schedule of activity related to unrecognized tax benefits | The following table summarizes the activity related to our unrecognized tax benefits: | | | | | | | | | | | | | (In thousands) | 2016 | | 2015 | | 2014 | Balance at beginning of fiscal year | $ | 184 |
| | $ | 184 |
| | $ | 259 |
| Increases related to current year tax positions | — |
| | — |
| | — |
| Additions for tax positions in prior years | — |
| | — |
| | — |
| Reductions for tax positions in prior years | — |
| | — |
| | — |
| Reductions due to lapse of applicable statute of limitations | — |
| | — |
| | (75 | ) | Settlements | — |
| | — |
| | — |
| Balance at end of fiscal year | $ | 184 |
| | $ | 184 |
| | $ | 184 |
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