Quarterly report pursuant to Section 13 or 15(d)

Consolidated Condensed Statements of Shareholders' Equity

v3.24.2.u1
Consolidated Condensed Statements of Shareholders' Equity - USD ($)
$ in Thousands
Total
Common Stock
Common Stock
Common Stock
Convertible Class B Stock
Additional Paid in Capital
Accumulated Comprehensive Loss
Retained Earnings
Treasury Stock
Beginning of Period at Dec. 31, 2022   $ 291 $ 63 $ 98,630 $ (9,526) $ 240,360 $ (89,898)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net Issuance of Common Stock for Restricted Stock Units (“RSU’s”)   1          
Class B Stock Converted to Common Stock   3 (3)        
Equity-based Compensation Expense and Net Exercise of Stock Options       3,993      
Tax Withholding Related to Issuance of RSU’s and Shares for Bonus Obligations       (603)      
Foreign Currency Translation Adjustments $ 711       711    
Retirement Liability Adjustment – Net of Taxes         372    
Net (Loss) Income (16,414)         (16,414)  
Shares Issued to Fund 401K Obligation           (2,248) 4,669
End of Period at Jul. 01, 2023 230,401 $ 295 $ 60 102,020 (8,443) 221,698 $ (85,229)
Beginning of Period (in shares) at Dec. 31, 2022   29,122,000 6,314,000        
Beginning of Period (in shares) at Dec. 31, 2022             3,155,000
Increase (Decrease) in Stockholders' Equity (in shares)              
Net Issuance from Exercise of Stock Options (in shares)   1,000          
Net Issuance of Common Stock for RSU’s (in shares)   90,000          
Class B Stock Converted to Common Stock (in shares)   265,000 (265,000)        
Shares Issued to fund 401k obligation (in shares)             (164,000)
End of Period (in shares) at Jul. 01, 2023   29,478,000 6,049,000        
End of Period (in shares) at Jul. 01, 2023             2,991,000
Beginning of Period at Apr. 01, 2023   $ 293 $ 62 100,426 (9,117) 234,463 $ (87,203)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Class B Stock Converted to Common Stock   2 (2)        
Equity-based Compensation Expense and Net Exercise of Stock Options       1,594      
Foreign Currency Translation Adjustments 487       487    
Retirement Liability Adjustment – Net of Taxes         187    
Net (Loss) Income (11,999)         (11,999)  
Shares Issued to Fund 401K Obligation           (766) 1,974
End of Period at Jul. 01, 2023 230,401 $ 295 $ 60 102,020 (8,443) 221,698 $ (85,229)
Beginning of Period (in shares) at Apr. 01, 2023   29,273,000 6,247,000        
Beginning of Period (in shares) at Apr. 01, 2023             3,060,000
Increase (Decrease) in Stockholders' Equity (in shares)              
Net Issuance of Common Stock for RSU’s (in shares)   7,000          
Class B Stock Converted to Common Stock (in shares)   198,000 (198,000)        
Shares Issued to fund 401k obligation (in shares)             (69,000)
End of Period (in shares) at Jul. 01, 2023   29,478,000 6,049,000        
End of Period (in shares) at Jul. 01, 2023             2,991,000
Beginning of Period at Dec. 31, 2023 249,518 $ 314 $ 59 129,544 (9,426) 209,753 $ (80,726)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net Shares Issued to Fund Bonus Obligations   3          
Net Issuance of Common Stock for Restricted Stock Units (“RSU’s”)   1          
Class B Stock Converted to Common Stock   2 (2)        
Equity-based Compensation Expense and Net Exercise of Stock Options       4,642      
Gross Shares Issued to Fund Bonus Obligations       6,281      
Tax Withholding Related to Issuance of RSU’s and Shares for Bonus Obligations       (3,177)      
Foreign Currency Translation Adjustments (924)       (924)    
Retirement Liability Adjustment – Net of Taxes         562    
Net (Loss) Income (1,645)         (1,645)  
Shares Issued to Fund 401K Obligation           (1,330) 3,949
End of Period at Jun. 29, 2024 257,880 $ 320 $ 57 137,290 (9,788) 206,778 $ (76,777)
Beginning of Period (in shares) at Dec. 31, 2023   31,402,000 5,952,000        
Beginning of Period (in shares) at Dec. 31, 2023             2,833,000
Increase (Decrease) in Stockholders' Equity (in shares)              
Shares Issued to Fund Bonus Obligation (in shares)   218,000          
Net Issuance of Common Stock for RSU’s (in shares)   114,000          
Class B Stock Converted to Common Stock (in shares)   290,000 (290,000)        
Shares Issued to fund 401k obligation (in shares)             (139,000)
End of Period (in shares) at Jun. 29, 2024   32,024,000 5,662,000        
End of Period (in shares) at Jun. 29, 2024             2,694,000
Beginning of Period at Mar. 30, 2024   $ 318 $ 58 134,066 (9,901) 205,899 $ (78,717)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net Shares Issued to Fund Bonus Obligations   1          
Class B Stock Converted to Common Stock   1 (1)        
Equity-based Compensation Expense and Net Exercise of Stock Options       1,840      
Gross Shares Issued to Fund Bonus Obligations       2,107      
Tax Withholding Related to Issuance of RSU’s and Shares for Bonus Obligations       (723)      
Foreign Currency Translation Adjustments (168)       (168)    
Retirement Liability Adjustment – Net of Taxes         281    
Net (Loss) Income 1,533         1,533  
Shares Issued to Fund 401K Obligation           (654) 1,940
End of Period at Jun. 29, 2024 $ 257,880 $ 320 $ 57 $ 137,290 $ (9,788) $ 206,778 $ (76,777)
Beginning of Period (in shares) at Mar. 30, 2024   31,832,000 5,773,000        
Beginning of Period (in shares) at Mar. 30, 2024             2,762,000
Increase (Decrease) in Stockholders' Equity (in shares)              
Shares Issued to Fund Bonus Obligation (in shares)   74,000          
Net Issuance of Common Stock for RSU’s (in shares)   7,000          
Class B Stock Converted to Common Stock (in shares)   111,000 (111,000)        
Shares Issued to fund 401k obligation (in shares)             (68,000)
End of Period (in shares) at Jun. 29, 2024   32,024,000 5,662,000        
End of Period (in shares) at Jun. 29, 2024             2,694,000