| Supplementary Information: | |||||||
| Reconciliation of Net Debt | |||||||
| (Unaudited) | |||||||
| (Expressed in thousands of U.S. dollars) |
September 27,
2020 |
December 29,
2019 | |||||
| Revolver | $ | 34,356 | $ | 34,701 | |||
| Long-term debt | 37,813 | 38,750 | |||||
| Discount (long-term debt) | (3,112 | ) | (3,750 | ) | |||
| Finance lease obligations1 | 10,514 | 10,064 | |||||
| Operating lease obligations2 | 6,494 | 3,743 | |||||
| $ | 86,065 | $ | 83,508 | ||||
| Cash | $ | (169 | ) | $ | (1,368 | ) | |
| Net Debt | $ | 85,896 | $ | 82,140 | |||
| 1Capital lease obligations include $1.4 million for new lease effective September 2020 | |||||||
| 2Operating lease obligations include $3.6 million for new lease for Fremont facility effective July 2020 | |||||||
Investor Relations Contact
Peter Seltzberg
Managing Director
Darrow Associates, Inc.
516-419-9915
pseltzberg@darrowir.com
