| Supplementary Information: | |||||
| Reconciliation of Second Half 2020 Guidance Range | |||||
| (Unaudited) | |||||
| Six Months Ended January 3, 2021 | |||||
| (Expressed in thousands of U.S. dollars) | Low | High | |||
| Net Income | $ | 2,375 | $ | 3,375 | |
| Add (deduct): | |||||
| Depreciation | 3,000 | 3,000 | |||
| Amortization of Intangible assets | 700 | 700 | |||
| Interest expense | 3,700 | 3,700 | |||
| Income tax expense | 500 | 500 | |||
| EBITDA | $ | 10,275 | $ | 11,275 | |
| Add (deduct): | |||||
| Restructuring charges | 900 | 900 | |||
| Stock compensation expense | 425 | 425 | |||
| COVID-19 related expenses | 2,400 | 2,400 | |||
| Adjusted EBITDA | $ | 14,000 | $ | 15,000 | |
| Supplementary Information: | |||||
| Reconciliation of Full Year 2021 Guidance Range | |||||
| (Unaudited) | |||||
| Twelve Months Ended January 2, 2022 | |||||
| (Expressed in thousands of U.S. dollars) | Low | High | |||
| Net Income | $ | 14,300 | $ | 18,300 | |
| Add (deduct): | |||||
| Depreciation | 5,800 | 5,800 | |||
| Amortization of Intangible assets | 1,200 | 1,200 | |||
| Interest expense | 7,000 | 7,000 | |||
| Income tax expense | 1,300 | 1,300 | |||
| EBITDA | $ | 29,600 | $ | 33,600 | |
| Add (deduct): | |||||
| Restructuring charges | |||||
| Stock compensation expense | 700 | 700 | |||
| COVID-19 related expenses | 2,700 | 2,700 | |||
| Adjusted EBITDA | $ | 33,000 | $ | 37,000 | |
