Annual report pursuant to Section 13 and 15(d)

Purchase of L-3's Applied Optics Products Center (Tables)

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Purchase of L-3's Applied Optics Products Center (Tables)
12 Months Ended
Sep. 27, 2015
Purchase Of L-Three'S Applied Optics Products Line Abstract [Abstract]  
Schedule of fair value of the acquired assets and assumed liabilities
    Fair Values as of
November 3, 2014
 
       
Fixed Assets   $ 2,064.7  
Inventory     940.1  
Prepaid Assets/Other     47.1  
Liabilities     (270.7 )
         
Net Assets Acquired     2,781.2  
         
Intangible Asset:        
Customer Contracts/Backlog     342.2  
Total Assets Acquired     3,123.4  
         
Less: Cash Consideration     (1,013.1 )
         
Gain on Bargain Purchase   $ 2,110.3  
Schedule of pro forma condensed balance sheet and revenue and earnings information
   

Unaudited, Pro Forma

(Thousands, except share data)

 

Twelve Months Ending

 
   

September 27,

2015

   

September 28,

2014

 
Revenues   $ 13,072     $ 13,879  
Net Income (Loss) applicable to common shareholders     (6,299 )     (6,217 )
                 
Diluted earnings per share   $ (20.18 )   $ (20.39 )
                 
Weighted Average Shares Outstanding     312,219       304,894