SUNOPTA INC., 10-K filed on 3/4/2026
Annual Report
v3.25.4
Document and Entity Information - USD ($)
$ in Millions
12 Months Ended
Jan. 03, 2026
Feb. 27, 2026
Jun. 27, 2025
Entity Registrant Name SUNOPTA INC.    
Entity Shell Company false    
Entity Current Reporting Status Yes    
Entity Emerging Growth Company false    
Entity Small Business false    
Document Fiscal Period Focus FY    
Document Fiscal Year Focus 2026    
Amendment Flag false    
Document Period End Date Jan. 03, 2026    
Document Type 10-K    
Entity Common Stock, Shares Outstanding   118,358,568  
Entity Public Float     $ 563.8
Entity Voluntary Filers No    
Entity Well-known Seasoned Issuer No    
Entity Filer Category Accelerated Filer    
Current Fiscal Year End Date --01-03    
Entity Central Index Key 0000351834    
Entity File Number 001-34198    
Entity Address, Address Line One 7078 Shady Oak Road    
Entity Address, City or Town Eden Prairie    
Entity Address, State or Province MN    
Entity Address, Postal Zip Code 55344    
City Area Code 952    
Local Phone Number 820-2518    
Entity Interactive Data Current Yes    
Entity Tax Identification Number 00-0000000    
Entity Incorporation, State or Country Code Z4    
Document Transition Report false    
Document Annual Report true    
ICFR Auditor Attestation Flag true    
Auditor Name Ernst & Young LLP    
Auditor Location Minneapolis    
Auditor Firm ID 42    
Document Financial Statement Error Correction [Flag] true    
Document Financial Statement Restatement Recovery Analysis [Flag] true    
Documents Incorporated by Reference [Text Block]

Documents Incorporated by Reference: The registrant intends that the information required by Part III of this Annual Report on Form 10-K will either be (i) incorporated by reference from certain portions of the registrant's Definitive Proxy Statement for the 2026 Annual Meeting of Shareholders or (ii) included in an amendment to this Annual Report on Form 10-K.

   
Auditor Opinion [Text Block]

Opinion on the Financial Statements

We have audited the accompanying consolidated balance sheets of SunOpta Inc. (the Company) as of January 3, 2026 and December 28, 2024, the related consolidated statements of operations, comprehensive earnings (loss,) shareholders' equity and cash flows for each of the three years in the period ended January 3, 2026, and the related notes (collectively referred to as the "consolidated financial statements"). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company at January 3, 2026 and December 28, 2024, and the results of its operations and its cash flows for each of the three years in the period ended January 3, 2026 in conformity with U.S. generally accepted accounting principles.

We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Company's internal control over financial reporting as of January 3, 2026, based on criteria established in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 framework), and our report dated March 4, 2026 expressed an unqualified opinion thereon.

   
The Nasdaq Stock Market | Common Shares      
Trading Symbol STKL    
Security Exchange Name NASDAQ    
Title of 12(b) Security Common Shares    
The Toronto Stock Exchange | Common Shares      
Trading Symbol SOY    
Title of 12(b) Security Common Shares    
v3.25.4
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Income Statement [Abstract]      
Revenues $ 817,715 $ 723,728 $ 626,730
Cost of goods sold 701,768 627,424 540,730
Gross profit 115,947 96,304 86,000
Selling, general and administrative expenses 70,988 79,406 78,654
Intangible asset amortization 2,024 1,784 1,784
Other expense (income), net 3,303 (1,833) 455
Foreign exchange loss (gain) (54) 1,357 110
Operating income 39,686 15,590 4,997
Interest expense, net 21,078 24,908 26,909
Other non-operating expense 2,149 686 0
Earnings (loss) from continuing operations before income taxes 16,459 (10,004) (21,912)
Income tax expense 691 1,470 3,269
Earnings (loss) from continuing operations 15,768 (11,474) (25,181)
Net loss from discontinued operations 0 (5,919) (153,608)
Net earnings (loss) 15,768 (17,393) (178,789)
Dividends and accretion on preferred stock (175) (539) (1,981)
Earnings (loss) attributable to common shareholders $ 15,593 $ (17,932) $ (180,770)
Earnings Per Share [Abstract]      
Earnings (loss) from continuing operations (Basic) $ 0.13 $ (0.1) $ (0.24)
Earnings (loss) from continuing operations (Diluted) 0.13 (0.1) (0.24)
Loss from discontinued operations (Basic) 0 (0.05) (1.34)
Loss from discontinued operations (Diluted) 0 (0.05) (1.34)
Earnings (loss) attributable to common shareholders 0.13 (0.15) (1.58)
Earnings (loss) attributable to common shareholders $ 0.13 $ (0.15) $ (1.58)
Weighted-average common shares outstanding (000s)      
Basic 117,965 116,617 114,226
Diluted 124,779 116,617 114,226
v3.25.4
Consolidated Statements of Comprehensive Earnings (Loss) - USD ($)
$ in Thousands
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Statement of Comprehensive Income [Abstract]      
Earnings (loss) from continuing operations $ 15,768 $ (11,474) $ (25,181)
Net loss from discontinued operations 0 (5,919) (153,608)
Net earnings (loss) 15,768 (17,393) (178,789)
Other comprehensive loss      
Reclassification of accumulated currency translation adjustment of discontinued operations 0 0 (646)
Other comprehensive loss 0 0 (646)
Comprehensive earnings (loss) $ 15,768 $ (17,393) $ (179,435)
v3.25.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 03, 2026
Dec. 28, 2024
Current assets    
Cash and cash equivalents $ 169 $ 1,552
Accounts receivable, net of allowances for credit losses of $93 and $134, respectively 75,596 46,314
Inventories 106,971 92,798
Notes receivable, net of allowance for credit losses of $0 25,123 0
Prepaid expenses and other current assets 10,988 14,680
Income taxes recoverable 906 4,114
Total current assets 219,753 159,458
Restricted cash 0 7,460
Property, plant and equipment, net 333,752 343,618
Operating lease right-of-use assets 111,196 105,692
Intangible assets, net 20,989 20,077
Goodwill 3,998 3,998
Other long-term assets 4,971 28,224
Total assets 694,659 668,527
Current liabilities    
Accounts payable 118,422 93,362
Accrued liabilities 16,343 17,876
Income taxes payable 0 638
Notes payable 0 11,110
Current portion of long-term debt 33,198 29,393
Current portion of operating lease liabilities 18,282 17,055
Total current liabilities 186,245 169,434
Long-term accounts payable 1,475 0
Long-term debt 217,521 235,798
Operating lease liabilities 103,150 99,328
Deferred income taxes 248 325
Total liabilities 508,639 504,885
Series B-1 preferred stock 15,223 15,048
SHAREHOLDERS' EQUITY    
Common shares, no par value, unlimited shares authorized, 118,251,809 shares issued (December 28, 2024 - 117,102,745) 478,954 471,792
Additional paid-in capital 30,555 30,775
Accumulated deficit (340,721) (355,982)
Accumulated other comprehensive income 2,009 2,009
Total shareholders' equity 170,797 148,594
Total liabilities and shareholders' equity $ 694,659 $ 668,527
v3.25.4
Consolidated Balance Sheets (Parenthetical) - USD ($)
shares in Thousands, $ in Thousands
Jan. 03, 2026
Dec. 28, 2024
Statement of Financial Position [Abstract]    
Allowances for credit losses $ 93 $ 134
Allowance for credit losses on accounts receivable $ 0 $ 0
Common stock, no par value $ 0 $ 0
Common stock, shares issued 118,251,809 117,102,745
v3.25.4
Consolidated Statements of Shareholders' Equity - USD ($)
shares in Thousands, $ in Thousands
Common shares [Member]
Additional paid-in capital [Member]
Accumulated deficit [Member]
Accumulated other comprehensive loss [Member]
Total
Balance at Dec. 31, 2022 $ 440,348 $ 33,184 $ (157,280) $ 1,363 $ 317,615
Balance (in shares) at Dec. 31, 2022 107,910        
Exchange of Series B preferred stock, net of share issuance costs of $191 $ 13,915       13,915
Exchange of Series B preferred stock, net of share issuance costs of $191 (in shares) 6,089        
Employee stock purchase plan $ 583       583
Employee stock purchase plan (in shares) 121        
Stock incentive plan $ 9,323 (8,024)     1,299
Stock incentive plan (in shares) 1,833        
Withholding taxes on stock-based awards   (9,404)     (9,404)
Stock-based compensation   12,432     12,432
Net earnings (loss)     (178,789)   (178,789)
Dividends on preferred stock     (1,428)   (1,428)
Accretion on preferred stock     (553)   (553)
Disposition of discontinued operations       646 646
Balance at Dec. 30, 2023 $ 464,169 28,188 (338,050) 2,009 156,316
Balance (in shares) at Dec. 30, 2023 115,953        
Employee stock purchase plan $ 449       449
Employee stock purchase plan (in shares) 84        
Stock incentive plan $ 7,174 (5,688)     1,486
Stock incentive plan (in shares) 1,066        
Withholding taxes on stock-based awards   (2,915)     (2,915)
Stock-based compensation   11,190     11,190
Net earnings (loss)     (17,393)   (17,393)
Accretion on preferred stock     (539)   (539)
Balance at Dec. 28, 2024 $ 471,792 30,775 (355,982) 2,009 148,594
Balance (in shares) at Dec. 28, 2024 117,103        
Repurchase of common shares $ (659)   (332)   (991)
Repurchase of common shares (in shares) (163)        
Employee stock purchase plan $ 498       498
Employee stock purchase plan (in shares) 85        
Stock incentive plan $ 7,323 (5,470)     1,853
Stock incentive plan (in shares) 1,227        
Withholding taxes on stock-based awards   (2,131)     (2,131)
Stock-based compensation   7,381     7,381
Net earnings (loss)     15,768   15,768
Accretion on preferred stock     (175)   (175)
Balance at Jan. 03, 2026 $ 478,954 $ 30,555 $ (340,721) $ 2,009 $ 170,797
Balance (in shares) at Jan. 03, 2026 118,252        
v3.25.4
Consolidated Statements of Shareholders' Equity (Parenthetical) - USD ($)
$ in Thousands
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Income Statement [Abstract]      
Share issuance cost $ 0 $ 0 $ 191
v3.25.4
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Operating activities      
Net earnings (loss) $ 15,768 $ (17,393) $ (178,789)
Net loss from discontinued operations 0 (5,919) (153,608)
Net earnings (loss) from continuing operations 15,768 (11,474) (25,181)
Items not affecting cash:      
Depreciation and amortization 39,534 36,497 31,039
Amortization of debt issuance costs 1,128 914 1,398
Deferred income taxes (77) (180) 3,978
Stock-based compensation 7,381 11,190 12,432
Impairment of property, plant and equipment 3,151 0 0
Gain on sale of property, plant and equipment (244) (244) 0
Gain on sale of smoothie bowls product line 0 (1,800) 0
Loss on extinguishment of debt 0 0 1,584
Other (395) (275) 707
Changes in operating assets and liabilities, net of divestitures (16,585) 17,711 (22,382)
Net cash provided by operating activities of continuing operations 49,661 52,339 3,575
Net cash provided by (used in) operating activities of discontinued operations 0 (2,310) 11,269
Net cash provided by operating activities 49,661 50,029 14,844
Investing activities      
Additions to property, plant and equipment (28,429) (31,928) (46,125)
Proceeds from sale of property, plant and equipment 1,284 612 0
Additions to intangible assets (2,419) 0 0
Proceeds from sale of smoothie bowls product line 0 6,336 0
Cash settlement of foreign currency forward contract 0 0 (394)
Net cash used in investing activities of continuing operations (29,564) (24,980) (46,519)
Net cash provided by investing activities of discontinued operations 0 6,300 90,551
Net cash provided by (used in) investing activities (29,564) (18,680) 44,032
Financing activities      
Proceeds from notes payable 125,058 129,662 102,043
Repayment of notes payable (136,168) (136,148) (84,447)
Net increase (decrease) in borrowings under revolving credit facilities 10,991 2,187 (15,863)
Borrowings of short-term and long-term debt 23,485 1,446 199,855
Repayment of short-term and long-term debt (51,535) (26,953) (95,303)
Proceeds from the exercise of stock options and employee share purchases 2,351 1,935 1,882
Payment of withholding taxes on stock-based awards (2,131) (2,915) (9,404)
Repurchase of common shares (991) 0 0
Payment of cash dividends on preferred stock 0 (305) (1,732)
Repayment of asset-based credit facilities 0 0 (141,880)
Payment of debt issuance costs 0 0 (3,297)
Payment of common share issuance costs 0 0 (191)
Net cash used in financing activities of continuing operations (28,940) (31,091) (48,337)
Net cash used in financing activities of discontinued operations 0 0 (2,464)
Net cash used in financing activities (28,940) (31,091) (50,801)
Increase (decrease) in cash, cash equivalents and restricted cash in the period (8,843) 258 8,075
Cash, cash equivalents and restricted cash, beginning of the year 9,012 8,754 679
Cash, cash equivalents and restricted cash, end of the year $ 169 $ 9,012 $ 8,754
v3.25.4
Significant Accounting Policies
12 Months Ended
Jan. 03, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Significant Accounting Policies [Text Block]

1. Significant Accounting Policies

 

Basis of Presentation

These consolidated financial statements include the accounts of SunOpta Inc. and those of its wholly-owned subsidiaries (collectively, the "Company") and have been prepared by the Company in United States ("U.S.") dollars and in accordance with U.S. generally accepted accounting principles ("U.S. GAAP"). All intercompany accounts and transactions have been eliminated on consolidation.

Fiscal Year

The fiscal year of the Company consists of a 52- or 53-week period ending on the Saturday closest to December 31. Fiscal year 2025 was a 53-week period ending on January 3, 2026, and fiscal years 2024 and 2023 were each 52-week periods ending on December 28, 2024 and December 30, 2023, respectively. Fiscal year 2026 will be a 52-week period ending on January 2, 2027, with quarterly periods ending on April 4, 2026, July 4, 2026, and October 3, 2026.

Use of Estimates

The preparation of financial statements in conformity with U.S. GAAP requires management to make certain estimates and assumptions that affect the reported amounts in the consolidated financial statements and accompanying notes. These estimates and assumptions require judgment on the part of management and are based on the Company's historical experience and various other factors that are believed to be reasonable in the circumstances. Actual results could differ from these estimates.

Fair Value

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (that is, an exit price). Fair value measurements are estimated based on inputs categorized as follows:

  • Level 1 inputs include quoted prices (unadjusted) for identical assets or liabilities in active markets that are observable.

  • Level 2 inputs include quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability; and inputs that are derived principally from or corroborated by observable market data by correlation or other means.

  • Level 3 includes unobservable inputs that reflect the Company's own assumptions about what factors market participants would use in pricing the asset or liability.

When measuring fair value, the Company maximizes the use of observable inputs and minimizes the use of unobservable inputs.

Foreign Currency Transactions

Gains or losses resulting from transactions denominated in foreign currencies are included in foreign exchange gain/loss on the consolidated statements of operations.

Cash and Cash Equivalents

Cash and cash equivalents consist of cash and short-term deposits with an original maturity of 90 days or less. The Company places its cash and cash equivalents with institutions of high creditworthiness.

Restricted Cash

Restricted cash consists of cash that is legally restricted as to withdrawal or usage.

Accounts Receivable

Trade accounts receivable are recorded at the invoiced amount and do not bear interest. The allowance for credit losses is an estimate of the amount of probable losses in existing accounts receivable. The Company routinely assesses the financial strength of its customers and believes that its accounts receivable credit risk exposure is limited. The Company closely monitors receivable balances and estimates an allowance for credit losses based on historical collection experience, and account aging analysis and trends, and evaluates the adequacy of the allowance each reporting period, considering individual customer account reviews, write-offs recorded in the period, sales forecasts and trends, and current and expected economic and customer-specific conditions. Account balances are charged off against the allowance when the Company determines the receivable will not be recovered. As at January 3, 2026, two long-term customers represented approximately 34% and 18%, respectively, of the Company's consolidated accounts receivable balance. The Company does not believe it is exposed to any significant credit risks with respect to these customers.

Inventories

Inventories are valued at the lower of cost and net realizable value on a first-in, first-out basis. Shipping and handling costs are included in cost of goods sold on the consolidated statements of operations.

Property, Plant and Equipment

Property, plant and equipment assets are stated at cost, less accumulated depreciation. Cost includes capitalized interest on borrowings during the construction of major capital projects. Depreciation begins when an asset is ready for its intended use. Property, plant and equipment assets, other than land, are depreciated on a straight-line basis over the estimated useful lives of the assets, as follows:

Buildings 20 - 40 years
Machinery and equipment 5 - 20 years
Enterprise software 3 - 5 years
Office furniture and equipment 3 - 7 years
Vehicles 3 - 7 years

 

Leases

At the lease commencement date, the Company recognizes a right-of-use lease asset for an amount equal to the lease liability, less any lease incentives. The lease liability is determined based on the present value of future lease payments over the lease term. The lease term includes the noncancellable term of the lease, together with periods covered by options to extend the lease that the Company is reasonably certain to exercise. The discount rate used to determine the present value of the future lease payments is the implicit rate in the lease if readily determinable. When that rate is not readily determinable, the Company applies its incremental borrowing rate, which its estimated using relevant interest rate yield curves and credit spreads derived from available market data. The Company excludes non-lease components in determining the future lease payments.

Intangible Assets

The Company's finite-lived intangible assets are amortized on a straight-line basis over their estimated useful lives, which are 15 years for brand names, 20 years for customer relationships, and nine years for other intangible assets.

Impairment of Long-Lived Assets

The Company reviews its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The carrying amount of a long-lived asset is not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset. If the carrying amount of an asset is not recoverable, the fair value of the asset is determined typically using an income approach (discounted cash flow analysis). An impairment loss is recognized in earnings for any excess of the carrying amount of the asset over its fair value.

Goodwill

Goodwill represents the excess in a business combination of the purchase price over the estimated fair value of the identifiable net assets acquired. Goodwill is not amortized but is instead tested for impairment at the reporting unit level at least annually, or whenever events or circumstances change between the annual impairment tests that would indicate the carrying amount of goodwill may be impaired. The Company performs its annual test for goodwill impairment in the fourth quarter of each fiscal year. The Company can elect to qualitatively assess goodwill for impairment if it is more likely than not that the fair value of a reporting unit exceeds its carrying value. If the Company elects to quantitatively assess goodwill, or it is not more likely than not that the fair value of a reporting unit exceeds its carrying value, the Company estimates the fair value of each of its reporting units using an income approach (discounted cash flow method). Goodwill impairment charges are recognized based on the excess of a reporting unit's carrying amount over its fair value. Based on its qualitative assessment, the Company determined that goodwill was not impaired as at January 3, 2026. Prior to fiscal 2019, the Company recognized accumulated goodwill impairment losses of $213.8 million.

Debt Issuance Costs

Costs incurred in connection with obtaining debt financing are deferred and amortized over the term of the financing arrangement. Costs incurred to secure revolving credit facilities are recorded in other long-term assets. All other debt issuance costs are recorded as a direct deduction from the related debt liability.

Income Taxes

The Company follows the asset and liability method of accounting for income taxes whereby deferred tax assets are recognized for deductible temporary differences and carryforwards, and deferred tax liabilities are recognized for taxable temporary differences. A temporary difference is the difference between the financial statement and tax basis of an asset or liability. Deferred tax assets and liabilities are computed based on enacted tax rates. The effect of changes in tax rates and laws is recognized in the period of enactment. Valuation allowances are recorded to reduce deferred tax assets when it is more likely than not that a tax benefit will not be realized. Income tax expense or benefit is the income taxes payable or recoverable for the year plus or minus the change in deferred tax assets and liabilities during the year. A tax benefit from an uncertain tax position is recognized if it is more-likely-than-not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position, or the statute of limitations concerning the uncertain tax position lapses. The Company classifies interest and penalties due to taxing authorities as income taxes.

Stock-Based Compensation

The Company measures stock-based awards granted to selected employees and directors at fair value as of the date of grant. Compensation expense is recognized on a straight-line basis over the vesting period of the entire stock-based award. Forfeitures of stock-based awards are recognized as they occur. Upon exercise, stock-based awards are settled through the issuance of common shares and are therefore treated as equity awards.

Revenue Recognition

The Company manufactures and sells food and beverage products to grocery retailers and club stores, foodservice operators, branded food companies, and food manufacturers. The Company recognizes revenue when performance obligations under the terms of a contract with a customer are satisfied, which is upon the transfer of control of the contracted goods. Except for goods sold under bill-and-hold arrangements, control is transferred when title and physical possession of the product transfers to the customer, which is at the point in time that product is shipped from the Company's facilities or delivered to a specified destination, depending on the terms of the contract, and the Company has a present right to payment. Under bill-and-hold arrangements, whereby the Company bills a customer for product to be delivered at a later date, control typically transfers when the product is ready for physical transfer to the customer, and the Company has a present right to payment.  The Company does not typically grant customers a general right of return for goods transferred but will generally accept returns of product for quality-related issues.

A performance obligation is a promise within a contract to transfer distinct goods to the customer. A contract with a customer may involve multiple products and/or multiple delivery dates, with the transfer of each product at each delivery date being considered a distinct performance obligation, as each of the Company's products has standalone utility to the customer. In these cases, the contract's transaction price is allocated to each performance obligation based on relative standalone selling prices and recognized as revenue when each individual product is transferred to the customer.

Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring the goods. Consideration is typically determined based on a fixed unit price for the quantity of product transferred. Certain contracts include rebates and other forms of variable consideration. For contracts involving variable consideration, the Company estimates the transaction price based on the amount of consideration to which it expects to be entitled. These estimates are determined based on historical experience and the expected outcome of the variable consideration, and are updated as new information becomes available, including actual claims paid, which indicate an estimate is not indicative of the expected results. Changes to these estimates are recorded in the period the adjustment is identified. The Company's contracts do not typically include any significant payment terms, as payment is normally due shortly after the time of transfer.

Revenue contracts are typically represented by short-term, binding purchase orders from customers, identifying the quantity and pricing for products to be transferred. Customer purchase orders may be issued under long-term master supply arrangements. On their own, these master supply arrangements are typically not considered contracts for purposes of revenue recognition, as they do not create enforceable rights and obligations regarding the quantity, pricing, or timing of goods to be transferred; however, certain master supply agreements impose minimum purchase obligations on the part of the customers, which is considered a form of variable consideration. Other master supply arrangements provide for the transfer of product on a bill-and-hold basis at the specific request of the customer. As goods are produced under these bill-and-hold arrangements to meet individual customer specifications, they are identifiable as belonging to the customer and cannot be directed to another customer.

The timing of the Company's revenue recognition, customer billings and cash collections, does not result in significant unbilled receivables (contract assets) or customer advances (contract liabilities) on the consolidated balance sheet. Contract costs, such as sales commissions, are generally expensed as incurred given the short-term nature of the associated contracts.

Advertising Costs

Advertising costs are expensed as incurred and are included in selling, general and administrative expenses.

Research and Development Costs

Research and development costs are expensed as incurred and are included in selling, general and administrative expenses. The Company's research and development activities are directed towards custom product formulations, packaging innovations, and production process improvements. The Company's research and development expenditures primarily consist of employee-related compensation and supplies, as well as rental costs and depreciation expense related to the Company's innovation center and pilot plant.

Earnings Per Share

Basic earnings per share is computed by dividing earnings attributable to common shareholders by the weighted-average number of common shares outstanding during the year. Earnings attributable to common shareholders is computed by deducting dividends and accretion on convertible preferred stock from net earnings. The potential diluted effect of stock options and other stock-based awards is computed using the treasury stock method whereby the weighted-average number of common shares used in the basic earnings per share calculation is increased to include the number of additional common shares that would have been outstanding if the potential dilutive common shares had been issued at the beginning of the year. The potential dilutive effect of convertible preferred stock is computed using the if-converted method whereby dividends and accretion on the convertible preferred stock are added back to the numerator, and the common shares resulting from the assumed conversion of the convertible preferred stock are included in the denominator of the diluted earnings per share calculation.

Contingencies

The Company is subject to loss contingencies, including various legal and regulatory proceedings, and asserted and potential claims that arise in the ordinary course of business. Accruals for loss contingencies are recorded when the Company determines that it is both probable that a liability has been incurred and the amount of loss can be reasonably estimated. If the estimate of the amount of the loss is a range and some amount within the range appears to be a better estimate than any other amount within the range, that amount is accrued as a liability. If no amount within the range is a better estimate than any other amount, the minimum amount of the range is accrued as a liability.

Recent Accounting Pronouncements

Adopted

In December 2023, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which requires public entities, on an annual basis, to provide disclosure of specific categories in the rate reconciliation, as well as disclosure of income taxes paid disaggregated by jurisdiction. The Company adopted the guidance in ASU 2023-09 on a prospective basis beginning in fiscal 2025 (see note 15). The adoption of ASU 2023-09 did not have any impact of the Company's results of operations, cash flows, or financial condition.

Not Yet Adopted

In November 2024, the FASB issued ASU 2024-03, Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses, which requires disclosure, in the notes to financial statements, of specified information about certain costs and expenses. The guidance will be effective for annual periods beginning after December 15, 2026, and interim periods beginning after December 15, 2027. Early adoption is permitted. The Company is currently evaluating the potential effect that ASU 2024-03 will have on its financial statement disclosures.

In September 2025, the FASB issued ASU No. 2025-06, Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software, which is intended to modernize the accounting for the costs of internal-use software given the evolution of software development. ASU 2025-06 removes all references to project stages throughout Subtopic 350-40 and clarifies the threshold entities apply to begin capitalizing costs. The guidance will be effective for annual periods beginning after December 15, 2027, and for interim periods within those annual periods. Early adoption is permitted. The Company is currently evaluating the potential effect that ASU 2025-06 will have on its consolidated financial statements.

v3.25.4
Discontinued Operations
12 Months Ended
Jan. 03, 2026
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations [Text Block]

2. Discontinued Operations

Divestiture of Frozen Fruit

On October 12, 2023 (the "Closing Date"), the Company completed the sale of certain assets and liabilities of its frozen fruit business ("Frozen Fruit") to Natures Touch Mexico, S. de R.L. de C.V. and Nature's Touch Frozen Fruits, LLC (the "Purchasers") for an estimated aggregate purchase price that comprised (i) cash consideration of $95.3 million; (ii) a short-term note receivable of $10.5 million, which was paid in five consecutive monthly installments of $2.1 million beginning 30 days following the Closing Date; (iii) secured seller promissory notes with a stated principal amount of $20.0 million in the aggregate and due three years from the Closing Date (the "Seller Promissory Notes"); and (iv) the assumption by the Purchasers of $15.7 million of accounts payable and accrued liabilities of Frozen Fruit. The estimated aggregate purchase price was subject to post-closing adjustments based on a determination of the final net working capital as of the Closing Date. In 2024, the parties resolved certain disputed items in connection with the determination of the final net working capital, resulting in a net reduction in the aggregate purchase price in favor of the Purchasers of $5.1 million.

The Seller Promissory Notes bear interest at a rate per annum equal to the Secured Overnight Financing Rate ("SOFR"), determined quarterly in advance, plus a margin of 4.00% for the first year and 7.00% for the second and third years. Interest is payable quarterly in-kind. The Seller Promissory Notes mature on October 12, 2026, and outstanding principal and accrued and unpaid interest is payable on the maturity date. Upon initial recognition, the Company determined that the fair value of the Seller Promissory Notes approximated their stated principal amount and no premium or discount was recognized. On the consolidated balance sheet, the principal amount of the Seller Promissory Notes of $20.0 million, together with accumulated accrued and unpaid in-kind interest of $5.1 million and $2.5 million as at January 3, 2026 and December 28, 2024, respectively, is recorded as notes receivable in current assets as at January 3, 2026, and included in other long-term assets as at December 28, 2024. The Seller Promissory Notes are secured by a second-priority lien on certain assets of Frozen Fruit acquired by the Purchasers. As at January 3, 2026 and December 28, 2024, the Company had not recorded any allowance for credit losses related to the Seller Promissory Notes.

The table below presents the major components of the results of discontinued operations reported in the consolidated statement of operations for the years ended December 28, 2024 and December 30, 2023. There were no reported results of discontinued operations for the year ended January 3, 2026.

    December 28, 2024     December 30, 2023  
    $     $  
Revenues   -     200,029  
Cost of goods sold   553     211,467  
Selling, general and administrative expenses   621     8,683  
Intangible asset amortization   -     6,000  
Other expense (income), net   (378 )   10,612  
Foreign exchange loss   (101 )   (3,333 )
Interest expense, net   23     554  
Earnings (loss) before loss on divestiture   (718 )   (33,954 )
Pre-tax loss on divestiture   (5,435 )   (119,821 )
Loss from discontinued operations before income taxes   (6,153 )   (153,775 )
Income tax benefit   (234 )   (167 )
Net loss from discontinued operations   (5,919 )   (153,608 )
v3.25.4
Receivables Sales Program
12 Months Ended
Jan. 03, 2026
Receivables Sales Program [Abstract]  
Receivables Sales Program [Text Block]

3. Receivables Sales Program

On August 28, 2024, the Company entered into a Master Receivables Purchase Agreement, as amended on February 11, 2025 and November 12, 2025 (the "Agreement"), with a third-party financial institution (the "Purchaser"), for the sale of designated trade receivables of certain eligible customers in exchange for cash proceeds (the "Receivables Sales Program"). Under the Receivables Sales Program, the maximum aggregate amount of outstanding receivables that can be sold to the Purchaser at any time is $52.0 million. The Agreement may be terminated by the Purchaser at any time with 30 days' notice.

The receivables sold under the Receivables Sales Program are without recourse to the Company for any customer credit risk. The Company does not retain any ongoing financial interest in the receivables sold under the Receivables Sales Program other than cash collection and administrative services. The Company has not recognized any servicing asset or liability as at January 3, 2026, as the fair values of the servicing arrangement and the fees earned are not considered material to the consolidated financial statements.

Receivables sold under the Receivables Sales Program are accounted for as sales of financial assets. The sold receivables are derecognized from accounts receivable on the Company's consolidated balance sheet at the time of sale to the Purchaser. For the year ended January 3, 2026, the loss on sale of the sold receivables, representing the discount taken by the Purchaser, amounted to $2.1 million (December 28, 2024 - $0.7 million), which is recorded as other non-operating expense on the consolidated statements of operations. Cash proceeds received from the Purchaser are classified as an operating activity in the consolidated statements of cash flows.

The following table summarizes activity related to the Receivables Sales Program:

      Year Ended  
      January 3, 2026     December 28, 2024  
      $     $  
Receivables balance sold to the Purchaser, beginning of the year   24,986     -  
  Sale of receivables   249,671     62,021  
  Cash collected and remitted to the Purchaser   (226,105 )   (37,035 )
Receivables balance sold to the Purchaser, end of the year(1)   48,552     24,986  
  Cash collected and not remitted to the Purchaser(2)   (39,817 )   (13,575 )
Outstanding receivables sold, end of the year   8,735     11,411  

(1) For the years ended January 3, 2026 and December 28, 2024, the Company recorded increases of $23.6 million and $25.0 million, respectively, to cash flows from operating activities of continuing operations from receivables sold under the Receivables Sales Program, which are reflected in the consolidated statements of cash flows.

(2) Cash collected from customers on behalf of but not yet remitted to the Purchaser is included in accounts payable on the consolidated balance sheets, with changes in such obligations reflected as operating activities in the consolidated statements of cash flows. There are no restrictions under the Agreement on the Company's use of the cash collected prior to the time it is due to be remitted to the Purchaser.

v3.25.4
Inventories
12 Months Ended
Jan. 03, 2026
Inventory Disclosure [Abstract]  
Inventories [Text Block]

4. Inventories

    January 3, 2026     December 28, 2024  
    $     $  
Raw materials and work-in-process   58,536     51,422  
Finished goods   52,101     46,843  
Inventory reserve   (3,666 )   (5,467 )
    106,971     92,798  

The change in the inventory reserve for the years ended January 3, 2026 and December 28, 2024 is comprised as follows:

    January 3, 2026     December 28, 2024  
    $     $  
Balance, beginning of year   5,467     6,810  
Additions to reserve during the year   2,692     11,966  
Reserves applied and inventories written off during the year   (4,493 )   (13,309 )
Balance, end of year   3,666     5,467  
v3.25.4
Restricted Cash
12 Months Ended
Jan. 03, 2026
Restricted Cash and Cash Equivalents [Abstract]  
Restricted Cash [Text Block]

5. Restricted Cash

 

As at December 28, 2024, restricted cash related to certain bank accounts in Mexico that were retained following the divestiture of Frozen Fruit that had been subject to a judicial hold. In November 2025, the Company secured the full release of all of the restricted cash.

v3.25.4
Property, Plant and Equipment
12 Months Ended
Jan. 03, 2026
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment [Text Block]

6. Property, Plant and Equipment

The major components of property, plant and equipment as at January 3, 2026 and December 28, 2024 were as follows:

    January 3, 2026     December 28, 2024  
    Cost    

Accumulated

depreciation

   

Net book

value

    Cost    

Accumulated

depreciation

   

Net book

value

 
 
    $     $     $     $     $     $  
Land   203     -     203     203     -     203  
Buildings   115,383     30,806     84,577     105,080     25,744     79,336  
Machinery and equipment   386,567     149,532     237,035     374,808     121,508     253,300  
Enterprise software   17,692     7,185     10,507     14,983     5,916     9,067  
Office furniture and equipment   3,956     2,579     1,377     3,913     2,299     1,614  
Vehicles   405     352     53     405     307     98  
    524,206     190,454     333,752     499,392     155,774     343,618  

 

As at January 3, 2026, property, plant and equipment included construction in process assets of $17.9 million (December 28, 2024 - $18.6 million) and $14.7 million (December 28, 2024 - $12.6 million) of spare parts inventory. The Company did not capitalize any interest expense as part of the construction cost of property, plant and equipment for the years ended January 3, 2026 and December 28, 2024.

v3.25.4
Leases
12 Months Ended
Jan. 03, 2026
Leases [Abstract]  
Leases [Text Block]

7. Leases

The Company leases certain manufacturing plants, warehouses, offices, and machinery and equipment. At the lease commencement date, the Company classifies a lease as a finance lease if it has the right to obtain substantially all of the economic benefits from the right-of-use assets, otherwise the lease is classified as an operating lease. The Company's leases have noncancelable lease terms of less than one year to approximately 15 years and typically require fixed monthly rental payments that may be adjusted annually to give effect to inflation. Real estate leases typically provide the Company options to extend the leases for up to 15 years. Finance leases for machinery and equipment typically include nominal purchase options at the end of the lease term that are reasonably certain of being exercised at the lease commencement date. Machinery and equipment operating leases typically include purchase options for the fair market value of the underlying asset at the end of the lease term, which are uncertain of being exercised at the lease commencement date.

The following tables present supplemental information related to leases:

      January 3, 2026     December 28, 2024     December 30, 2023  
      $     $     $  
Lease Costs                  
Operating lease cost   17,224     18,243     14,856  
Finance lease cost:                  
  Depreciation of right-of-use assets   8,047     8,541     13,441  
  Interest on lease liabilities   5,172     5,455     9,310  
  Total finance lease cost   13,219     13,996     22,751  

 

      January 3, 2026     December 28, 2024  
      $     $  
Balance Sheet Classification            
Operating leases:            
  Operating lease right-of-use assets   111,196     105,692  
               
  Current portion of operating lease liabilities   18,282     17,055  
  Operating lease liabilities   103,150     99,328  
  Total operating lease liabilities   121,432     116,383  
               
Finance leases:            
  Property, plant and equipment, gross   96,001     100,481  
  Accumulated depreciation   (25,554 )   (23,514 )
  Property, plant and equipment, net   70,447     76,967  
               
  Current portion of long-term debt   19,698     20,393  
  Long-term debt   24,778     38,528  
  Total finance lease liabilities   44,476     58,921  

 

      January 3, 2026     December 28, 2024     December 30, 2023  
      $     $     $  
Cash Flow Information                  
Cash paid (received) for amounts included in measurement of lease liabilities:                  
  Operating cash flows from operating leases   17,679     17,268     13,852  
  Operating cash flows from finance leases   5,172     5,455     9,310  
  Financing cash flows from finance leases                  
  Cash paid under finance leases(1)   25,283     20,203     89,087  
  Cash received under finance leases(2)   (8,485 )   (1,446 )   (6,568 )
                     
Right-of-use assets obtained in exchange for lease liabilities:                  
  Operating leases   13,744     10,227     35,601  
  Finance leases   2,353     24,746     9,952  
                     
Right-of-use assets and liabilities reduced through lease terminations or modifications:                  
  Operating leases   -     -     (914 )

(1) Represents repayments under finance leases recorded as a reduction of the lease liability and reported in repayment of long-term debt on the consolidated statements of cash flows.

(2) Represents cash advances received by the Company under finance leases for the construction of right-of-use assets controlled by the Company, which is reported in borrowings of long-term debt on the consolidated statements of cash flows.

      January 3, 2026     December 28, 2024     December 30, 2023  
Other Information                  
Weighted-average remaining lease term (years):                  
  Operating leases   10.1     11.2     12.0  
  Finance leases   2.9     3.1     3.2  
                     
Weighted-average discount rate:                  
  Operating leases   8.6%     8.5%     8.6%  
  Finance leases   8.9%     9.6%     7.9%  

 

    Operating leases     Finance leases  
    $     $  
Maturities of Lease Liabilities            
2026   18,876     21,501  
2027   18,617     13,736  
2028   18,249     10,607  
2029   16,811     4,187  
2030   15,879     1,009  
Thereafter   144,696     -  
Total lease payments   233,128     51,040  
Less: imputed interest   (111,696 )   (6,564 )
Total lease liabilities   121,432     44,476  

As at January 3, 2026, the Company had entered into finance lease agreements to provide for up to $69 million of financing, in the aggregate, related to capacity expansion projects at its beverage facility in Midlothian, Texas, and fruit snacks facility in Omak, Washington, which are expected to become operational in 2026. As these finance leases had not commenced as at January 3, 2026, no amount of underlying right-of-use assets, or lease liabilities, were recognized on the consolidated balance sheet as of that date.

v3.25.4
Intangible Assets
12 Months Ended
Jan. 03, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets [Text Block]

8. Intangible Assets

The gross carrying amounts and accumulated amortization of intangible assets as at January 3, 2026 and December 28, 2024 were as follows:

    January 3, 2026     December 28, 2024  
    Cost    

Accumulated

amortization

   

Net book

value

    Cost    

Accumulated

amortization

   

Net book

value

 
    $     $     $     $     $     $  
Brand names   25,073     7,860     17,213     25,073     6,189     18,884  
Customer relationships   2,251     1,171     1,080     2,251     1,058     1,193  
Other   2,936     240     2,696     -     -     -  
    30,260     9,271     20,989     27,324     7,247     20,077  

Amortization expense associated with intangible assets in each of the next five fiscal years and thereafter is as follows:

    2026     2027     2028     2029     2030     Thereafter     Total  
    $     $     $     $     $     $     $  
Amortization expense   2,104     2,104     2,104     2,104     2,104     10,469     20,989  
v3.25.4
Accrued Liabilities
12 Months Ended
Jan. 03, 2026
Payables and Accruals [Abstract]  
Accrued Liabilities [Text Block]

9. Accrued Liabilities

    January 3, 2026     December 28, 2024  
    $     $  
Payroll and benefits   13,616     12,935  
Accrued interest   183     1,435  
Other accruals   2,544     3,506  
    16,343     17,876  
v3.25.4
Notes Payable
12 Months Ended
Jan. 03, 2026
Payables and Accruals [Abstract]  
Notes Payable [Text Block]

10. Notes Payable

 

From time to time, the Company finances certain purchases of trade goods and services through third-party extended payables facilities. Under these facilities, third-party intermediaries advance the amount of the scheduled payment to the supplier based on the invoice due date and issue a short-term note payable to the Company for the face amount of the supplier invoice. Interest accrues on the note payable from the contractual payment date of the supplier invoice to the extended due date of the note payable, as specified by the negotiated terms of each facility. The Company does not maintain any form of security with the third-party intermediaries. Proceeds from, and repayments of the notes payable associated with, these facilities are reported as financing cash flows on the Company's consolidated statements of cash flows. Outstanding principal payment obligations to the third-party intermediaries are recorded as notes payable on the Company's consolidated balance sheet. As at January 3, 2026, the Company had no outstanding notes payable.

v3.25.4
Short-Term and Long-Term Debt
12 Months Ended
Jan. 03, 2026
Debt Disclosure [Abstract]  
Short-Term and Long-Term Debt [Text Block]

11. Short-Term and Long-Term Debt

    January 3, 2026     December 28, 2024  
    $     $  
Short-Term Debt            
Line of credit facility   -     -  
             
Long-Term Debt            
Term loan facility   162,000     173,250  
Revolving credit facility   44,928     33,937  
Less: unamortized debt issuance costs   (685 )   (917 )
Total credit facilities   206,243     206,270  
Finance lease liabilities   44,476     58,921  
Total long-term debt, before current portion   250,719     265,191  
Less: current portion   33,198     29,393  
Total long-term debt   217,521     235,798  

 

Scheduled maturities of long-term debt, including finance lease liabilities, are as follows:

    $  
2026   35,001  
2027   27,236  
2028   190,535  
2029   4,187  
2030   1,009  
Total gross maturities   257,968  
Less: imputed interest on finance lease liabilities   (6,564 )
Less: debt issuance costs   (685 )
Total debt   250,719  

Short-Term Debt

Line of Credit Facility

On June 13, 2025, the Company entered into an Uncommitted Trade Loan Facility Agreement (the "Trade Loan Agreement") with a third-party banking institution (the "Lender") providing for an uncommitted revolving line of credit facility (the "Line of Credit Facility") under which the Company may request, and the Lender may make, at its sole discretion, loans and advances of up to an aggregate amount of $15.0 million to be used solely to finance the purchase, production or sale of broth inventory. The initial maximum term of each individual loan or advance is 180 days, and the Company may request up to a 90-day extension of such initial term, which the Lender may agree to in its sole discretion. Borrowings under the Line of Credit Facility bear interest at SOFR plus a margin of 1.95%. Obligations under the Trade Loan Agreement are secured by a first security lien in favor of the Lender on all broth inventory of the Company and a guarantee from the Company's subsidiary, SunOpta Foods Inc. ("SunOpta Foods"). The Trade Loan Agreement is a continuing agreement and will remain in full effect until 30 days after either the Company or the Lender provides written notice of termination to the other party.

As at January 3, 2026, the Company had no outstanding borrowings under the Line of Credit Facility.

Long-Term Debt

Credit Facilities

On December 8, 2023, the Company entered into a five-year Credit Agreement (the "Credit Agreement") providing for (i) a $180.0 million term loan credit facility (the "Term Loan Credit Facility") and (ii) an $85.0 million revolving credit facility (the "Revolving Credit Facility" and together with the Term Loan Credit Facility, the "Credit Facilities"). The Revolving Credit Facility includes $30.0 million of borrowing capacity available for letters of credit and provides for borrowings of up to $10.0 million on same-day notice including in the form of swingline loans. As at January 3, 2026, $4.6 million in letters of credit were issued but undrawn under the Revolving Credit Facility.

The Credit Facilities mature on December 8, 2028. Outstanding borrowings under the Term Loan Credit Facility as at January 3, 2026, are repayable in quarterly principal installments of $3.4 million from the fiscal quarter ending March 31, 2026 to the fiscal quarter ending December 31, 2027, and $4.5 million from the fiscal quarter ending March 31, 2028 to the fiscal quarter ending September 30, 2028, with the remaining principal balance of $121.5 million due on the maturity date.

Borrowings under the Credit Facilities bear interest at a margin over various reference rates, including a base rate (as defined in the Credit Agreement) and SOFR, selected at the option of the Company. The margin for the Credit Facilities is set quarterly based on the consolidated total net leverage ratio for the preceding fiscal quarter and will range from 1.00% to 2.25% with respect to base rate loans and from 2.00% to 3.25% for SOFR loans. For the year ended January 3, 2026, the weighted-average interest rate on outstanding borrowings under the Credit Facilities was 7.25%. In addition, the Company is required to pay an undrawn fee under the Revolving Credit Facility quarterly based on the consolidated total net leverage ratio for the preceding fiscal quarter ranging from 0.20% to 0.40% on the undrawn revolving commitments thereunder. The Company is also required to pay customary letter of credit fees, to the extent letters of credit are issued and outstanding under the Revolving Credit Facility.

All obligations under the Credit Facilities are unconditionally guaranteed by the Company and substantially all of the Company's existing and future direct and indirect wholly-owned material restricted subsidiaries organized in the U.S. and Canada (the "Subsidiary Guarantors") and, subject to certain exceptions and qualifications, such obligations are secured by first priority security interest in substantially all of the tangible and intangible assets of the Company and Subsidiary Guarantors.

The Credit Facilities contain a number of covenants that, among other things, restrict, subject to certain exceptions, the Company's ability to: create liens on assets; sell assets and enter into sale and leaseback transactions; pay dividends, prepay contractually subordinated indebtedness and make other restricted payments; incur additional indebtedness and make guarantees; make investments, loans or advances, including acquisitions; engage in certain transactions with affiliates; fundamentally change the character of the Company's business; enter into contractual obligations that restrict the ability of the Company or any Subsidiary Guarantor to grant a lien on its assets in favor of the lenders and other secured creditors under the Credit Facilities; and engage in mergers or consolidations. In addition, the Company is required to (i) maintain a minimum fixed charge coverage ratio of 1.20 to 1.00 as of the end of each quarterly test period and (ii) maintain a maximum consolidated total net leverage ratio of 3.50 to 1.00 for each quarterly test period for the fiscal quarter ending December 31, 2025 and thereafter; provided that, if the Company consummates an acquisition for consideration in excess of $50 million in any quarterly test period, then the maximum consolidated total net leverage ratio may, at the election of the Company (on no more than two occasions), be increased to 4.00 to 1.00 for the end of the four succeeding quarterly test periods.

The Credit Facilities also contain certain customary affirmative covenants and events of default. As at January 3, 2026, the Company was in compliance with all covenants of the Credit Agreement.

v3.25.4
Series B-1 Preferred Stock
12 Months Ended
Jan. 03, 2026
Class of Stock Disclosures [Abstract]  
Series B-1 Preferred Stock [Text Block]

12. Series B-1 Preferred Stock

As at January 3, 2026, SunOpta Foods had 15,000 shares of Series B-1 Preferred Stock ("Series B-1 Preferred Stock") issued and outstanding with Oaktree Organics, L.P. and Oaktree Huntington Investment Fund II, L.P. (collectively, "Oaktree"). The aggregate liquidation preference of the Series B-1 Preferred Stock is $15.2 million, or approximately $1,015 per share. On April 17, 2024, the Company, SunOpta Foods and Oaktree entered into an Amending Agreement related to the elimination of the dividend rights attached to the Series B-1 Preferred Stock effective from and after December 31, 2023. The Series B-1 Preferred Stock previously paid a cumulative dividend of 8.0% per year that could be paid in-kind or in cash at the Company's option.

At any time, Oaktree may exchange the Series B-1 Preferred Stock, in whole or in part, into the number of common shares of the Company equal to, per share of Series B-1 Preferred Stock, the quotient of the liquidation preference divided by the exchange price of $2.50, which equated to 6,089,333 equivalent common shares as at January 3, 2026. At any time, SunOpta Foods may cause Oaktree to exchange all of their shares of Series B-1 Preferred Stock if the volume-weighted average price of the common shares during the then preceding 20 trading day period is greater than 200% of the exchange price then in effect. In addition, SunOpta Foods may redeem all of the Series B-1 Preferred Stock at any time for an amount per share equal to the value of the liquidation preference at such time.

As at January 3, 2026, the Company had 2,932,453 Special Shares, Series 2 issued and outstanding, all of which are held by Oaktree. The Special Shares, Series 2, with a par value of $0.00001 per share, serve as a mechanism for attaching exchanged voting rights to the Series B-1 Preferred Stock and entitle the holder thereof to one vote per Special Share, Series 2 on all matters submitted to a vote of the holder of the common shares, voting together as a single class, subject to certain exemptions. As a result of a permanent voting cap, the number of Special Shares, Series 2 issued to Oaktree at any time, when taken together with any other voting securities Oaktree then controls, cannot exceed 19.99% of the votes eligible to be cast by all security holders of the Company.

v3.25.4
Common Shares
12 Months Ended
Jan. 03, 2026
Equity [Abstract]  
Common Shares [Text Block]

13. Common Shares

Share Repurchase Program

On May 7, 2025, the Company announced that its Board of Directors authorized a share repurchase program for the repurchase of up to $25 million of the Company's outstanding common shares (the "Share Repurchase Program"). The Share Repurchase Program does not obligate the Company to acquire any shares on a particular timeline. Any repurchases under the Share Repurchase Program may be made by means of open market transactions effected through the facilities of The Nasdaq Stock Market LLC in compliance with Rule 10b-18 of the Securities Exchange Act of 1934, as amended, and other applicable legal requirements. The actual number of shares purchased, the timing of purchases, and the price at which shares will be purchased under the Share Repurchase Program will be determined by the Company's management, and will depend on factors including, but not limited to, the Company's progress towards its leverage target, financial position, capital allocation priorities, market conditions, and regulatory requirements. Any shares acquired by the Company under the Share Repurchase Program will be cancelled. The Company may elect to suspend or discontinue the program without notice at any time.

For the year ended January 3, 2026, the Company repurchased 163,227 shares at an average price per share of $6.04, for total consideration paid of $1.0 million. The excess of the cost of the shares acquired over the stated capital thereof, totaling $0.3 million, was charged to accumulated deficit. As at January 3, 2026, $24.0 million of the authorized amount remained available under the Share Repurchase Program.

v3.25.4
Stock-Based Compensation
12 Months Ended
Jan. 03, 2026
Share-based Payment Arrangement [Abstract]  
Stock-Based Compensation [Text Block]

14. Stock-Based Compensation

On May 28, 2013, the Company's shareholders approved the 2013 Stock Incentive Plan, as amended (the "Stock Incentive Plan"), which permits the grant of a variety of stock-based awards, including stock options, restricted stock units ("RSUs") and performance share units ("PSUs") to selected employees and directors of the Company. As at January 3, 2026, 1,895,341 securities remained available for issuance under the Stock Incentive Plan.

Additionally, on January 2, 2024, the Company granted special one-time awards of 144,404 RSUs, 288,808 PSUs and 230,804 stock options to Brian Kocher in connection with his appointment as the Company's Chief Executive Officer effective January 2, 2024. On March 13, 2024, the Company granted Mr. Kocher an additional 74,000 RSUs, equal to the number of common shares of the Company purchased by Mr. Kocher on the open market within the 75-day period after his employment began.

Stock options, RSUs and PSUs granted under the Stock Incentive Plan, together with the corresponding special one-time awards granted to Mr. Kocher, are reflected in the tables below.

For the years ended January 3, 2026, December 28, 2024 and December 30, 2023, stock-based compensation of $7.4 million, $11.2 million and $12.4 million, respectively, was recorded in selling, general and administrative expenses on the consolidated statements of operations.

Stock Options

Stock options granted to employees during the three-year period ended January 3, 2026, vest ratably on each of the first through third anniversaries of the grant date and expire on the tenth anniversary of the grant date. Stock options granted by the Company contain an exercise price that is equal to the closing market price of the Company's common shares on the day prior to the grant date. Any consideration paid on the exercise of stock options is credited to capital stock.

The following table summarizes stock option activity for the year ended January 3, 2026:

                Weighted-        
                average        
          Weighted-     remaining        
          average     contractual     Aggregate  
    Stock options     exercise price     term (years)     intrinsic value  
Outstanding, beginning of year   3,321,778   5.56              
Granted   594,277     3.92              
Exercised   (434,403 )   3.62              
Forfeited   (180,231 )   5.70              
Expired   (1,991,005 )   5.60              
Outstanding, end of year   1,310,416   5.39     7.7    $ 6  
Exercisable, end of year   552,225    $ 6.54     6.0    $ 6  

The total intrinsic value of stock options exercised during the year ended January 3, 2026 was $0.6 million.

The following table summarizes non-vested stock option activity during the year ended January 3, 2026:

          Weighted-  
          average grant-  
    Stock options     date fair value  
Non-vested, beginning of year   643,214   $ 3.77  
Granted   594,277     2.39  
Vested   (299,069 )   3.67  
Forfeited   (180,231 )   3.48  
Non-vested, end of year   758,191   $ 2.80  

The weighted-average grant-date fair values of all stock options granted in the years ended January 3, 2026, December 28, 2024 and December 30, 2023, were $2.39, $3.85 and $3.87, respectively, using a Black-Scholes option pricing model with the following assumptions:

    January 3, 2026     December 28, 2024     December 30, 2023  
Grant-date stock price $ 3.92   $ 6.10   $ 6.29  
Dividend yield(a)   0%     0%     0%  
Expected volatility(b)   62.2%     65.7%     63.5%  
Risk-free interest rate(c)   4.2%     4.3%     4.1%  
Expected life of options (years)(d)   6.0     6.0     6.0  

(a) Determined based on expected annual dividend yield at the time of grant.

(b) Determined based on historical volatility of the Company's common shares over the expected life of the option.

(c) Determined based on the yield on U.S. Treasury zero-coupon issues with maturity dates equal to the expected life of the option.

(d) Determined based on the mid-point of vesting (one through three years) and expiration (10 years). The Company has used the simplified method to determine the expected life of options due to insufficient historical exercise data to provide a reasonable basis to estimate the expected life.

Total compensation costs related to non-vested stock option awards not yet recognized as an expense was $1.6 million as at January 3, 2026, which will be amortized over a weighted-average remaining vesting period of 1.8 years.

The following table summarizes stock options outstanding and exercisable as at January 3, 2026:

                    Weighted-                    
                    average                    
              remaining     Weighted-           Weighted-  
  Exercise price range     Outstanding     contractual life     average exercise     Exercisable     average exercise  
  Low     High     options     (years)     price     options     price  
$ 3.25   $ 3.60     13,160     3.9   $ 3.25     13,160   $ 3.25  
  3.61     4.33     546,047     9.3     3.92     -     3.92  
  4.34     5.73     274,995     7.4     5.41     198,060     5.36  
  5.74     6.45     214,734     6.8     6.12     179,440     6.07  
  6.46     14.77     261,480     5.6     7.94     161,565     8.77  
              1,310,416     7.7   $ 5.39     552,225   $ 6.54  

Restricted Stock Units

RSUs granted to employees vest ratably on each of the first through third anniversaries of the grant date and RSUs granted to directors vest 100% on the first anniversary of the grant date. Each vested RSU entitles the employee or director to receive one common share of the Company without payment of additional consideration. Non-employee directors may elect to defer receipt of common shares until their departure from the Board of Directors.

The weighted-average grant-date fair values of all RSUs granted in the years ended January 3, 2026, December 28, 2024 and December 30, 2023, were $4.93, $6.17 and $5.88, respectively, based on the closing price of the Company's common shares on the grant dates. The following table summarizes non-vested RSU activity during the year ended January 3, 2026:

          Weighted-  
          average grant-  
    RSUs     date fair value  
Non-vested, beginning of year   788,064   $ 6.08  
Granted   701,714     4.93  
Vested   (470,378 )   5.99  
Forfeited   (127,240 )   5.85  
Non-vested, end of year   892,160     5.26  
Vested and deferred   34,830     5.74  
Outstanding, end of year   926,990   $ 5.27  

The total intrinsic value of RSUs that vested during the year ended January 3, 2026 was $2.7 million. Total compensation costs related to non-vested RSU awards not yet recognized as an expense was $3.2 million as at January 3, 2026, which will be amortized over a weighted-average remaining vesting period of 1.7 years.

Performance Share Units

Performance Conditions

The vesting of PSUs granted to employees under the Company's annual Short-Term Incentive Plan ("STIP") is dependent on the Company achieving a predetermined measure of adjusted earnings before interest, taxes, depreciation and amortization. For PSUs granted to employees under the Company's 2025 and 2024 Long-Term Incentive Plans ("LTIP"), the vesting of one-half of the PSUs is contingent on the achievement of compound annual growth rate ("CAGR") benchmarks for revenue during the applicable three-year performance period commencing on January 1 of the year of grant, and the vesting of the other one-half of the PSUs is contingent on the achievement of return on invested capital ("ROIC") benchmarks within the same performance period. The percentage of vested LTIP PSUs may range from 0% to 200% based on the Company's achievement of the predetermined CAGR and ROIC benchmarks. Each vested performance condition PSU entitles the employee to receive one common share of the Company without payment of additional consideration, subject to the employee's continued employment through the vesting date.

The weighted-average grant-date fair values of performance condition PSUs granted during the years ended January 3, 2026, December 28, 2024 and December 30, 2023, were $4.61, $6.49 and $6.96, respectively, based on the closing price of the Company's common shares on the grant dates. The following table summarizes non-vested performance condition PSU activity during the year ended January 3, 2026:

    Performance     Weighted-  
    Condition     average grant-  
    PSUs     date fair value  
Non-vested, beginning of year   791,041   $ 6.51  
Granted   1,145,107     4.61  
Vested   (536,633 )   6.46  
Cancelled or forfeited   (191,286 )   5.70  
Non-vested, end of year   1,208,229   $ 4.85  

The total intrinsic value of performance condition PSUs that vested during the year ended January 3, 2026 was $2.2 million.

Each reporting period, the number of unvested performance condition PSUs that are expected to vest is redetermined and the aggregate grant-date fair value of the redetermined number of PSUs is amortized on a straight-line basis over the remaining requisite service period less amounts previously recognized. As at January 3, 2026, the compensation cost not yet recognized as an expense for these PSUs that are expected to vest was $2.4 million, which will be amortized over a weighted-average remaining vesting period of 1.7 years.

Market Conditions

The vesting of PSUs granted to employees under the Company's 2023 LTIP, and the special one-time PSUs granted to Mr. Kocher in 2024, are dependent on the Company's total shareholder return ("TSR") performance relative to food and beverage companies in a designated index during a three-year performance period commencing on January 1 of the year of grant, and the employee's continued employment with the Company through the vesting dates. The TSR for the Company and each of the companies in the designated index are calculated at the end of the applicable three-year performance period using a 20-trading day average closing price as of December 31. The percentage of vested PSUs may range from 0% to 200% based on the Company's achievement of predetermined TSR thresholds. Each vested market condition PSU entitles the employee to receive one common share of the Company without payment of additional consideration.

The grant-date fair values of market condition PSUs granted in the years ended December 28, 2024 and December 30, 2023, were $7.73 and $7.00, respectively, using a Monte Carlo valuation model with the following assumptions:

    December 28, 2024     December 30, 2023  
Grant-date stock price $ 5.54   $ 6.35  
Dividend yield   0%     0%  
Expected volatility(a)   58.4%     55.5%  
Risk-free interest rate(b)   4.1%     4.7%  
Expected life (in years)(c)   3.0     2.5  

(a) Determined based on the historical volatility of the Company's common shares over the performance period of the PSUs.

(b) Determined based on U.S. Treasury yields with a remaining term equal to the performance period of the PSUs.

(c) Determined based on the performance period of the PSUs.

The following table summarized non-vested market condition PSU activity during the year ended January 3, 2026:

    Market     Weighted-  
    Condition     average grant-  
    PSUs     date fair value  
Non-vested, beginning of year   753,839   $ 7.82  
Vested   (153,428 )   8.48  
Forfeited   (177,773 )   8.03  
Non-vested, end of year   422,638   $ 7.50  

The total intrinsic value of market condition PSUs that vested during the year ended January 3, 2026 was $1.4 million.

Total compensation costs related to non-vested market condition PSUs not yet recognized as an expense was $0.9 million as at January 3, 2026, which will be amortized over a weighted-average remaining vesting period of 1.2 years.

Employee Stock Purchase Plan

The Company maintains an Employee Stock Purchase Plan whereby employees can purchase common shares of the Company through payroll deductions. For the year ended January 3, 2026, the Company's employees purchased 85,431 common shares (December 28, 2024 - 84,194; December 30, 2023 - 120,666) for total proceeds of $0.5 million (December 28, 2024 - $0.4 million; December 30, 2023 - $0.6 million). As at January 3, 2026, 255,941 common shares remained available to be granted under this plan.

v3.25.4
Income Taxes
12 Months Ended
Jan. 03, 2026
Income Tax Disclosure [Abstract]  
Income Taxes [Text Block]

15. Income Taxes

Earnings (Loss) from Continuing Operations Before Income Taxes

   

January 3,

2026

   

December 28,

2024

   

December 30,

2023

 
    $     $     $  
Canada   (3,878 )   (10,470 )   (12,709 )
U.S.   20,616     1,011     (9,203 )
Mexico   (279 )   (545 )   -  
Earnings (loss) from continuing operations before income taxes   16,459     (10,004 )   (21,912 )

 

Income Tax Expense (Benefit)

       

January 3,

2026

   

December 28,

2024

   

December 30,

2023

 
        $     $     $  
Current income tax expense (benefit):                  
  Canada:                  
    Federal   28     64     (32 )
    Provincial   22     49     -  
  U.S.   165     213     (677 )
  Mexico   553     1,324     -  
        768     1,650     (709 )
                     
Deferred income tax expense (benefit):                  
  Canada:                  
    Federal   (154 )   -     -  
    Provincial   77     -     -  
  U.S.   -     -     3,978  
  Mexico   -     (180 )   -  
        (77 )   (180 )   3,978  
Income tax expense   691     1,470     3,269  

 

Reconciliation of Effective Tax Rate

The following table is a reconciliation of the Canadian federal statutory tax rate to the effective tax rate for the year ended January 3, 2026:

          January 3, 2026  
          Amount     Rate  
Canadian federal statutory tax rate $ 2,469     15.0%  
Canadian provincial income taxes            
  Statutory provincial income taxes(1)   (446 )   -2.7%  
  Effect of cross-border tax laws:            
    Foreign accrual property income   65     0.4%  
  Change in valuation allowance   (658 )   -4.0%  
  Nondeductible items:            
    Stock-based compensation   849     5.2%  
    Intercompany loan restructuring   174     1.1%  
Foreign tax effects            
  United States:            
    Federal statutory rate difference between U.S. and Canada   1,237     7.5%  
    State income taxes(2)   989     6.0%  
    Change in enacted tax rates   30     0.2%  
    Change in valuation allowance   (4,283 )   -26.0%  
    Nondeductible items:            
      Stock-based compensation   (1,502 )   -9.1%  
      Disallowed executive compensation   501     3.0%  
    Other adjustments   101     0.6%  
  Mexico:            
    Federal statutory rate difference between Mexico and Canada   (42 )   -0.3%  
    Effect of cross-border tax laws:            
      Withholding tax   173     1.1%  
    Change in valuation allowance   (232 )   -1.4%  
    Nondeductible item:            
      Intercompany loan restructuring   508     3.1%  
    Other adjustments   187     1.1%  
Effect of cross-border tax laws            
  Foreign accrual property income   84     0.5%  
Change in valuation allowance   (858 )   -5.2%  
Nondeductible items            
  Stock-based compensation   1,107     6.7%  
  Intercompany loan restructuring   226     1.4%  
Other adjustments   12     0.1%  
Effective tax rate $ 691     4.2%  

(1) Represents Ontario provincial taxes.

(2) California and Pennsylvania represent the majority of state income taxes.

The following table is a reconciliation of the Canadian combined federal and provincial statutory tax rate to the effective tax rate for the years ended December 28, 2024 and December 30, 2023:

    December 28, 2024     December 30, 2023  
    Amount     Rate     Amount     Rate  
Canadian combined statutory rate $ (2,651 )   26.5%   $ (5,807 )   26.5%  
Stock-based compensation   1,392     -13.9%     (607 )   2.8%  
Change in valuation allowance   2,534     -25.3%     6,607     -30.2%  
Disallowed executive compensation   140     -1.4%     2,372     -10.8%  
Foreign tax rate differential   (29 )   0.3%     107     -0.5%  
Change in enacted tax rates   6     -0.1%     90     -0.4%  
Other   78     -0.8%     507     -2.3%  
Effective tax rate $ 1,470     -14.7%   $ 3,269     -14.9%  

Cash Income Taxes

For the year ended January 3, 2026, income tax refunds received, net of income tax payments made, which all pertained to the U.S., totaled $3.1 million. Total income taxes paid were $0.4 million and $0.6 million for the years ended December 28, 2024 and December 30, 2023, respectively.

Deferred Income Taxes

The tax effects of temporary differences giving rise to deferred income tax assets and liabilities are as follows:

    January 3, 2026     December 28, 2024  
    $     $  
Loss and credit carryovers   57,191     52,021  
Lease liabilities   30,516     29,771  
Interest expense limitation (163j)   17,398     19,970  
Stock-based compensation   985     1,431  
Inventory basis differences   895     1,351  
Property, plant and equipment and intangible assets   (32,251 )   (24,892 )
Right-of-use lease assets   (29,158 )   (28,374 )
Other   5,125     5,945  
    50,701     57,223  
Less: valuation allowance   50,949     57,548  
Deferred income tax liability   (248 )   (325 )

 

Tax Attributes

The following table details the Company's tax attributes as at January 3, 2026, for which it has recorded deferred tax assets:

    Gross attribute amount     Net attribute amount     Expiration years  
Tax Attributes                  
Net operating losses - Canada $ 136   $ 36     2043  
Net operating losses - U.S. Federal   192,889     40,507     2037 and indefinite  
Net operating losses - U.S. State   201,556     8,324     2027-2044 and indefinite  
Net operating losses - Other   3,833     1,150     2028  
Federal credits - Canada   -     186     2026-2027  
Federal credits - U.S.   -     3,267     2031-2045  
State credits - U.S.   -     32     2026  
Federal capital loss - Canada   27,838     3,689     N/A  
Total       $ 57,191        

Undistributed Earnings

As the undistributed earnings of the Company's non-Canadian subsidiaries are considered to be indefinitely reinvested, no provision for deferred taxes has been provided thereon. 

Uncertain Tax Positions

For the years ended January 3, 2026, December 28, 2024 and December 30, 2023, the Company did not identify any material uncertain tax positions or recognize any related tax benefits. The Company believes it has adequately examined its tax positions taken or expected to be taken in a tax return; however, amounts asserted by taxing authorities could differ from the Company's positions. Accordingly, additional provisions on federal, provincial, state, and foreign tax-related matters could be recorded in the future as revised estimates are made or the underlying matters are settled or otherwise resolved.

Tax Assessments

The number of years with open tax audits varies depending on the tax jurisdiction. The Company's major taxing jurisdictions are the U.S. (including multiple states) and Canada (Ontario). The Company's 2021 through 2024 tax years (and any tax year for which available non-capital loss carryforwards were generated up to the amount of non-capital loss carryforwards) remain subject to examination for U.S. federal tax purposes, and tax years 2018 through 2024 remain subject to examination for Canadian federal tax purposes. There are other ongoing audits in various other jurisdictions that are not considered material to the Company's consolidated financial statements.

Pillar Two Taxation

The Organization for Economic Co-operation and Development has introduced the Pillar Two framework, which establishes a global minimum corporate tax rate of 15% for multinational enterprises with consolidated annual revenues of €750 million or more ("Pillar Two"). During 2024, Canada enacted legislation to adopt Pillar Two effective for fiscal years beginning on or after December 31, 2023. For the years ended January 3, 2026 and December 28, 2024, the incorporation of Pillar Two did not have a material impact on the Company's effective tax rate.

v3.25.4
Earnings (Loss) Per Share
12 Months Ended
Jan. 03, 2026
Earnings (Loss) Per Share [Abstract]  
Earnings (Loss) Per Share [Text Block]

16. Earnings (Loss) Per Share

Basic and diluted earnings (loss) per share were calculated as follows (shares in thousands):

      January 3, 2026     December 28, 2024     December 30, 2023  
Basic Earnings (Loss) Per Share                  
Numerator for basic earnings (loss) per share:                  
  Earnings (loss) from continuing operations $ 15,768   $ (11,474 ) $ (25,181 )
  Less: dividends and accretion on preferred stock   (175 )   (539 )   (1,981 )
  Earnings (loss) from continuing operations attributable to common shareholders   15,593     (12,013 )   (27,162 )
  Loss from discontinued operations   -     (5,919 )   (153,608 )
  Earnings (loss) attributable to common shareholders $ 15,593   $ (17,932 ) $ (180,770 )
                     
Denominator for basic earnings (loss) per share:                  
  Basic weighted-average number of shares outstanding   117,965     116,617     114,226  
                     
Basic earnings (loss) per share:                  
  Earnings (loss) from continuing operations attributable to common shareholders $ 0.13   $ (0.10 ) $ (0.24 )
  Loss from discontinued operations   -     (0.05 )   (1.34 )
  Earnings (loss) attributable to common shareholders $ 0.13   $ (0.15 ) $ (1.58 )
                     
      January 3, 2026     December 28, 2024     December 30, 2023  
Diluted Earnings (Loss) Per Share                  
Numerator for diluted earnings (loss) per share:                  
  Earnings (loss) from continuing operations $ 15,768   $ (11,474 ) $ (25,181 )
  Less: dividends and accretion on preferred stock(1)   -     (539 )   (1,981 )
  Earnings (loss) from continuing operations attributable to common shareholders   15,768     (12,013 )   (27,162 )
  Loss from discontinued operations   -     (5,919 )   (153,608 )
  Earnings (loss) attributable to common shareholders $ 15,768   $ (17,932 ) $ (180,770 )
                     
Denominator for diluted earnings (loss) per share:                  
  Basic weighted-average number of shares outstanding   117,965     116,617     114,226  
  Dilutive effect of the following:                  
  Stock options, RSUs and PSUs(2)   725     -     -  
  Series B-1 Preferred Stock(1)   6,089     -     -  
  Diluted weighted-average number of shares outstanding   124,779     116,617     114,226  
                     
Diluted earnings (loss) per share:                  
  Earnings (loss) from continuing operations attributable to common shareholders $ 0.13   $ (0.10 ) $ (0.24 )
  Loss from discontinued operations   -     (0.05 )   (1.34 )
  Earnings (loss) attributable to common shareholders $ 0.13   $ (0.15 ) $ (1.58 )

(1) For the year ended January 3, 2026, it was more dilutive to assume the Series B-1 Preferred Stock was exchanged into common shares and, therefore, the numerator of the diluted loss per share calculation was adjusted to exclude the accretion on the Series B-1 Preferred Stock and the denominator was adjusted to include the 6,089,333 common shares issuable on an if-converted basis. For the years ended December 28, 2024 and December 30, 2023, it was more dilutive to the loss per share from continuing operations to assume the Series B-1 Preferred Stock was not exchanged into common shares.

(2) For the years ended December 28, 2024 and December 30, 2023, 1,026,759 and 1,273,093 potential common shares were excluded from the calculation of diluted loss per share due to their effect of reducing the loss per share from continuing operations attributable to common shareholders. Dilutive potential common shares consist of stock options, RSUs, and certain contingently issuable PSUs. For the years ended January 3, 2026, December 28, 2024 and December 30, 2023, stock options and RSUs to purchase or receive 1,275,099, 1,238,722 and 2,192,677 potential common shares, respectively, were anti-dilutive because the assumed proceeds exceeded the average market price of the common shares for the respective periods.

v3.25.4
Supplemental Cash Flow Information
12 Months Ended
Jan. 03, 2026
Supplemental Cash Flow Elements [Abstract]  
Supplemental Cash Flow Information [Text Block]

17. Supplemental Cash Flow Information

    January 3, 2026     December 28, 2024     December 30, 2023  
    $     $     $  
Changes in Operating Assets and Liabilities, Net of Divestitures                  
Accounts receivable   (29,282 )   19,482     (2,195 )
Inventories   (14,173 )   (8,421 )   (10,631 )
Accounts payable   24,580     10,901     1,054  
Other operating assets and liabilities   2,290     (4,251 )   (10,610 )
    (16,585 )   17,711     (22,382 )
                   
Cash paid for interest   24,332     23,927     24,032  
                   
Non-Cash Investing and Financing Activities                  
Change in additions to property, plant and equipment included in accounts payable   1,053     2,885     (436 )
Change in accrued dividends on preferred stock   -     (304 )   (305 )
Short-term note receivable on divestiture of Frozen Fruit   -     -     (6,300 )
Seller Promissory Notes on divestiture of Frozen Fruit   -     -     (20,000 )
v3.25.4
Commitments and Contingencies
12 Months Ended
Jan. 03, 2026
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies [Text Block]

18. Commitments and Contingencies

Legal Proceedings

Various current and potential claims and litigation arising in the ordinary course of business are pending against the Company. The Company believes it has established adequate accruals for liabilities that are probable and reasonably estimable that may be incurred in connection with any such currently pending matter. In the Company's opinion, the eventual resolution of such matters, either individually or in the aggregate, is not expected to have a material impact on the Company's financial position, results of operations, or cash flows. However, litigation is inherently unpredictable and resolutions or dispositions of claims or lawsuits by settlement or otherwise could have an adverse impact on the Company's financial position, results of operations, and cash flows for the reporting period in which any such resolution or disposition occurs.

U.S. Customs and Border Protection Matter

On February 3, 2025, the Company delivered a voluntary disclosure letter to U.S. Customs and Border Protection ("CBP") regarding the tariff classification of certain fruit snack products produced at the Company's Niagara, Ontario, facility. The Company disclosed to CBP that a revised tariff classification should have been utilized for previously reported shipments, resulting in the underpayment of duties to CBP for the period from January 2022 to December 2024. The Company submitted its final report to CBP on April 3, 2025. As at January 3, 2026 and December 28, 2024, the Company recognized $5.2 million and $7.4 million, respectively, in accounts payable on the consolidated balance sheets, for the duties owed and interest thereon, net of payments made to CBP. As the matter remains subject to review by CBP, it is possible that the actual amount of duties and interest owed may differ from the amount presently accrued by the Company, and CBP may assess additional fines, penalties or enact other measures.

Product Withdrawal

In the second quarter of 2024, the Company conducted a voluntary withdrawal from customers of certain batches of aseptically-packaged products that may have had the potential for non-pathogenic microbial contamination. None of the withdrawn product made it into the consumer marketplace. For the year ended December 28, 2024, the Company recognized direct costs related to the withdrawal of $2.1 million, net of expected insurance recoveries, in cost of goods sold in the consolidated statement of operations. The Company is seeking to recover a portion of the withdrawal-related costs through its insurance coverage, and such recoveries are recorded in the period in which the recoveries are determined to be probable of realization. During 2025, the Company received partial insurance proceeds of $3.0 million related to the withdrawal. As at January 3, 2026, remaining expected insurance recoveries of $4.7 million (December 28, 2024 - $7.6 million) were included in prepaid expenses and other current assets on the consolidated balance sheets.

Environmental Laws

The Company believes that, with respect to both its operations and real property, it is in material compliance with current environmental laws. Based on known existing conditions and the Company's experience in complying with emerging environmental issues, the Company is of the view that future costs relating to environmental compliance will not have a material adverse effect on its consolidated financial position, but there can be no assurance that unforeseen changes in the laws or enforcement policies of relevant governmental bodies, the discovery of changed conditions on the Company's real property or in its operations, or changes in the use of such properties and any related site restoration requirements, will not result in the incurrence of significant costs.

v3.25.4
Segment Information
12 Months Ended
Jan. 03, 2026
Segment Reporting [Abstract]  
Segment Information [Text Block]

19. Segment Information

Description of Operating and Reportable Segment, Identification of Chief Operating Decision Maker, and Measures of Segment Profit or Loss and Segment Assets

The Company manages its continuing operations on a company-wide basis, rather than at a product category or business unit level, thereby making determinations as to the allocation of resources as one operating and reportable segment. The Company's Chief Executive Officer, who has been identified as the Chief Operating Decision Maker ("CODM"), is supported by a centralized management team based on functional area, including sales, marketing, supply chain, research and development, and quality assurance, as well as finance, legal, information technology, and administration. Only the CODM has overall responsibility and accountability for the profitability and cash flows of the Company. Using financial information at the consolidated level, including corporate and non-operating costs and expenses, the CODM makes key operating decisions, including approving annual operating plans, expanding into new markets or product categories, pursuing business acquisitions or divestitures, and initiating major capital expenditure programs. In addition, the CODM determines the allocation of resources (including personnel, productive assets, and financial resources) and capital investments to optimize operations and maximize opportunities for the Company as a whole without regard to specific product categories or business units. The CODM also uses consolidated information to establish company-wide incentive compensation targets.

The measure of segment profit or loss utilized by the CODM is earnings (loss) from continuing operations as reported on the Company's consolidated statements of operations. The CODM uses this measure of segment profit or loss to assess actual performance relative to budget and considers budget-to-actual variances when making decisions about reallocations of personnel or capital resources from those considered by the annual operating plan. The significant segment-level expense information provided to the CODM is consistent with the Company's consolidated statements of operations, as supplemented by the specified expense items disclosed in the table below. The measure of segment assets is the same as total assets reported on the Company's consolidated balance sheets. The accounting policies of the Company's operating and reportable segment are the same as those described in the Company's summary of significant accounting policies (see note 1).

Disaggregation of Revenue

The majority of the Company's products are shelf-stable packaged food and beverage products and share similar customers and distribution. The principal products that comprise the Company's product categories are as follows:

Category Principal Products
Beverages and broths Plant-based beverages utilizing oat, almond, soy, coconut, rice, hemp, and other bases, including Dream® and West Life™ brands; oat-based creamers, including SOWN® brand; ready-to-drink protein shakes; packaged teas and concentrates; and meat and vegetable broths and stocks.
Fruit snacks Ready-to-eat fruit snacks made from apple purée and juice concentrate in bar, bit, twist, strip and sandwich formats; and cold pressed fruit bars.
Ingredients Liquid bases utilizing oat and soy.

Revenue disaggregated by product category is as follows: 

    January 3, 2026     December 28, 2024     December 30, 2023  
    $     $     $  
Product Category                  
Beverages and broths   650,029     577,069     499,226  
Fruit snacks   153,828     127,328     98,186  
Ingredients   13,858     17,025     17,032  
Smoothie bowls(1)   -     2,306     12,286  
Total revenues   817,715     723,728     626,730  

(1) On March 4, 2024, the Company completed the sale of its smoothie bowl product line and exited the category.

Specified Expense Items

The following table presents details of specified expenses provided to the CODM and included in earnings (loss) from continuing operations:

    January 3, 2026     December 28, 2024     December 30, 2023  
    $     $     $  
Depreciation and Amortization                  
Depreciation expense included in cost of goods sold   32,106     29,719     24,225  
Depreciation expense included in selling, general and administrative expenses   5,404     4,994     5,030  
Intangible asset amortization expense   2,024     1,784     1,784  
Total depreciation and amortization   39,534     36,497     31,039  
                   
Stock-Based Compensation                  
Stock-based compensation expense included in selling, general and administrative expenses   7,381     11,190     12,432  
                   
Interest Expense, Net                  
Interest expense, net of capitalized interest   23,080     26,307     24,422  
Amortization of debt issuance costs   1,128     914     1,398  
Loss on extinguishment of debt   -     -     1,584  
Interest income   (3,130 )   (2,313 )   (495 )
Interest expense, net   21,078     24,908     26,909  

 

Geographic Information

Revenues from external customers are attributed to countries based on the location of the customer. Revenues from external customers by geographic area for the years ended January 3, 2026, December 28, 2024 and December 30, 2023 were as follows:

    January 3, 2026     December 28, 2024     December 30, 2023  
    $     $     $  
Revenues from External Customers                  
U.S.   797,628     710,191     611,566  
Canada   19,678     11,359     11,740  
Other   409     2,178     3,424  
Total revenues from external customers   817,715     723,728     626,730  

Long-lived assets consist of property, plant and equipment, net of accumulated depreciation, and operating lease right-of-use assets, which are attributed to countries based on the physical location of the assets. Long-lived assets by geographic area as at January 3, 2026 and December 28, 2024 were as follows:

    January 3, 2026     December 28, 2024  
    $     $  
Long-Lived Assets            
U.S.   439,365     446,525  
Canada   5,583     2,785  
Total long-lived assets   444,948     449,310  

Major Customers

One customer accounted for 32%, 32% and 35% of the Company's consolidated revenues for the years ended January 3, 2026, December 28, 2024 and December 30, 2023, respectively. No other customer accounted for 10% or more of the Company's consolidated revenues in any of those years.

v3.25.4
Subsequent Event
12 Months Ended
Jan. 03, 2026
Subsequent Events [Abstract]  
Subsequent Event [Text Block]

20. Subsequent Event


Arrangement Agreement with Refresco

On February 6, 2026, the Company entered into an Arrangement Agreement with Pegasus BidCo B.V., a private company with limited liability incorporated under the laws of the Netherlands ("Parent"), and 2786694 Alberta Ltd., a corporation formed under the laws of the Province of Alberta and a wholly-owned subsidiary of Parent ("Purchaser" and together with Parent, "Refresco"), pursuant to which, on the terms and subject to the conditions set forth therein, Purchaser has agreed to acquire all of the issued and outstanding common shares of the Company, including the common shares issuable on the exchange of the Series B-1 Preferred Stock (see note 12), by way of a court-approved statutory plan of arrangement under the Canada Business Corporations Act (the "Arrangement"). Pursuant to the Arrangement, at the closing, each issued and outstanding common share of the Company (other than shares held by dissenting shareholders, if any) will be transferred to Purchaser for consideration of $6.50 per share in cash, less applicable withholdings. The Arrangement is expected to close in the second quarter of 2026, subject to satisfaction or waiver of the closing conditions, including receipt of court and regulatory approvals and subject to the Company's shareholder approval. Upon completion of the transaction, the Company will become a wholly-owned subsidiary of Refresco, and the common shares of the Company will be delisted from The Nasdaq Stock Market and the Toronto Stock Exchange. 

v3.25.4
Pay vs Performance Disclosure - USD ($)
$ in Thousands
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Pay vs Performance Disclosure      
Net Income (Loss) $ 15,768 $ (17,393) $ (178,789)
v3.25.4
Insider Trading Arrangements
12 Months Ended
Jan. 03, 2026
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement

During the quarter ended January 3, 2026, none of our directors or officers adopted or terminated any Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement.

Title directors or officers
Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
v3.25.4
Cybersecurity Risk Management and Strategy Disclosure
12 Months Ended
Jan. 03, 2026
Cybersecurity Risk Management, Strategy, and Governance [Line Items]  
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]

Our cybersecurity program is strategically crafted to achieve the paramount goals of identifying, protecting, detecting, and responding to all potential risks and threats. Employing a defense-in-depth strategy, we proactively identify, investigate, and resolve vulnerabilities and security incidents in a timely manner.

Continuous improvement is integral to our cybersecurity approach. Regular assessments conducted against national security standards, together with annual internal and external penetration testing performed by a third-party security firm, allow us to quantify our program's effectiveness. The insights gained from these assessments serve as a foundation for continuous improvement efforts. Outcomes are reported to our Audit Committee for transparency and accountability. We rely on services from a variety of third-party providers to supply things such as cloud storage and networks. On an annual basis, we review these providers to assess their risk profiles. We rely on these third parties to have their own cybersecurity programs commensurate with their risk, and we cannot ensure in all circumstances that their efforts will be successful.

Impact of Cybersecurity Risks and Threats

Despite facing directed attacks, our systems have withstood such challenges without material interruptions to our business operations. As of the date of this filing, we have not identified any cybersecurity threats or incidents that have materially affected or are reasonably likely to materially affect our business strategy, results of operations, or financial condition. However, there can be no assurance that we, or our third-party business partners or service providers, will not experience a cybersecurity threat or incident in the future that could materially adversely affect our business strategy, results of operations, or financial condition. Recognizing the potential impact of significant disruptions, we remain steadfast in our commitment to fortify our systems against evolving threats. Any significant disruption to our ability to transact business could adversely affect our business performance as well as our reputation. Refer to Item 1A "Risk Factors - Our business operations could be disrupted if our information technology systems fail to perform adequately or are breached."

Cybersecurity Risk Management Processes Integrated [Flag] true
Cybersecurity Risk Management Processes Integrated [Text Block]

Our cybersecurity program is strategically crafted to achieve the paramount goals of identifying, protecting, detecting, and responding to all potential risks and threats. Employing a defense-in-depth strategy, we proactively identify, investigate, and resolve vulnerabilities and security incidents in a timely manner.

Cybersecurity Risk Management Third Party Engaged [Flag] true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag] true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag] false
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Text Block]

Despite facing directed attacks, our systems have withstood such challenges without material interruptions to our business operations. As of the date of this filing, we have not identified any cybersecurity threats or incidents that have materially affected or are reasonably likely to materially affect our business strategy, results of operations, or financial condition. However, there can be no assurance that we, or our third-party business partners or service providers, will not experience a cybersecurity threat or incident in the future that could materially adversely affect our business strategy, results of operations, or financial condition. Recognizing the potential impact of significant disruptions, we remain steadfast in our commitment to fortify our systems against evolving threats. Any significant disruption to our ability to transact business could adversely affect our business performance as well as our reputation. Refer to Item 1A "Risk Factors - Our business operations could be disrupted if our information technology systems fail to perform adequately or are breached."

Cybersecurity Risk Board of Directors Oversight [Text Block]

Heading our cybersecurity program is our Chief Information Officer ("CIO"). Our CIO has over 30 years of experience in Software Engineering and Information Technology/Cybersecurity and is supported by skilled professionals from our Information Technology team. This seasoned team provides regular updates to our Enterprise Risk Management Steering Committee (the "ERM"), composed of our Chief Executive Officer, Chief Financial Officer, General Counsel, and other members of our senior leadership. Our Audit Committee and Board of Directors receive regular reports from the ERM, as well as directly from our CIO on a quarterly basis. These reports cover various cybersecurity matters, including risk assessments, mitigation strategies, areas of emerging risks, incidents and industry trends, and other areas of importance.

Furthermore, our Board of Directors takes a proactive stance in overseeing our annual enterprise risk assessment. This comprehensive evaluation encompasses key risks, including those associated with security, technology, and cybersecurity threats, demonstrating our commitment to robust governance and risk management.

Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block] our Board of Directors takes a proactive stance in overseeing our annual enterprise risk assessment. This comprehensive evaluation encompasses key risks, including those associated with security, technology, and cybersecurity threats, demonstrating our commitment to robust governance and risk management.
Cybersecurity Risk Management Expertise of Management Responsible [Text Block] Heading our cybersecurity program is our Chief Information Officer ("CIO"). Our CIO has over 30 years of experience in Software Engineering and Information Technology/Cybersecurity and is supported by skilled professionals from our Information Technology team
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block] This seasoned team provides regular updates to our Enterprise Risk Management Steering Committee (the "ERM"), composed of our Chief Executive Officer, Chief Financial Officer, General Counsel, and other members of our senior leadership. Our Audit Committee and Board of Directors receive regular reports from the ERM, as well as directly from our CIO on a quarterly basis. These reports cover various cybersecurity matters, including risk assessments, mitigation strategies, areas of emerging risks, incidents and industry trends, and other areas of importance.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag] true
v3.25.4
Significant Accounting Policies (Policies)
12 Months Ended
Jan. 03, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Basis of Presentation [Policy Text Block]

Basis of Presentation

These consolidated financial statements include the accounts of SunOpta Inc. and those of its wholly-owned subsidiaries (collectively, the "Company") and have been prepared by the Company in United States ("U.S.") dollars and in accordance with U.S. generally accepted accounting principles ("U.S. GAAP"). All intercompany accounts and transactions have been eliminated on consolidation.

Fiscal Year [Policy Text Block]

Fiscal Year

The fiscal year of the Company consists of a 52- or 53-week period ending on the Saturday closest to December 31. Fiscal year 2025 was a 53-week period ending on January 3, 2026, and fiscal years 2024 and 2023 were each 52-week periods ending on December 28, 2024 and December 30, 2023, respectively. Fiscal year 2026 will be a 52-week period ending on January 2, 2027, with quarterly periods ending on April 4, 2026, July 4, 2026, and October 3, 2026.

Use of Estimates [Policy Text Block]

Use of Estimates

The preparation of financial statements in conformity with U.S. GAAP requires management to make certain estimates and assumptions that affect the reported amounts in the consolidated financial statements and accompanying notes. These estimates and assumptions require judgment on the part of management and are based on the Company's historical experience and various other factors that are believed to be reasonable in the circumstances. Actual results could differ from these estimates.

Fair Value [Policy Text Block]

Fair Value

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (that is, an exit price). Fair value measurements are estimated based on inputs categorized as follows:

  • Level 1 inputs include quoted prices (unadjusted) for identical assets or liabilities in active markets that are observable.

  • Level 2 inputs include quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability; and inputs that are derived principally from or corroborated by observable market data by correlation or other means.

  • Level 3 includes unobservable inputs that reflect the Company's own assumptions about what factors market participants would use in pricing the asset or liability.

When measuring fair value, the Company maximizes the use of observable inputs and minimizes the use of unobservable inputs.

Foreign Currency Transactions [Policy Text Block]

Foreign Currency Transactions

Gains or losses resulting from transactions denominated in foreign currencies are included in foreign exchange gain/loss on the consolidated statements of operations.

Cash and Cash Equivalents [Policy Text Block]

Cash and Cash Equivalents

Cash and cash equivalents consist of cash and short-term deposits with an original maturity of 90 days or less. The Company places its cash and cash equivalents with institutions of high creditworthiness.

Restricted Cash [Policy Text Block]

Restricted Cash

Restricted cash consists of cash that is legally restricted as to withdrawal or usage.

Accounts Receivable [Policy Text Block]

Accounts Receivable

Trade accounts receivable are recorded at the invoiced amount and do not bear interest. The allowance for credit losses is an estimate of the amount of probable losses in existing accounts receivable. The Company routinely assesses the financial strength of its customers and believes that its accounts receivable credit risk exposure is limited. The Company closely monitors receivable balances and estimates an allowance for credit losses based on historical collection experience, and account aging analysis and trends, and evaluates the adequacy of the allowance each reporting period, considering individual customer account reviews, write-offs recorded in the period, sales forecasts and trends, and current and expected economic and customer-specific conditions. Account balances are charged off against the allowance when the Company determines the receivable will not be recovered. As at January 3, 2026, two long-term customers represented approximately 34% and 18%, respectively, of the Company's consolidated accounts receivable balance. The Company does not believe it is exposed to any significant credit risks with respect to these customers.

Inventories [Policy Text Block]

Inventories

Inventories are valued at the lower of cost and net realizable value on a first-in, first-out basis. Shipping and handling costs are included in cost of goods sold on the consolidated statements of operations.

Property, Plant and Equipment [Policy Text Block]

Property, Plant and Equipment

Property, plant and equipment assets are stated at cost, less accumulated depreciation. Cost includes capitalized interest on borrowings during the construction of major capital projects. Depreciation begins when an asset is ready for its intended use. Property, plant and equipment assets, other than land, are depreciated on a straight-line basis over the estimated useful lives of the assets, as follows:

Buildings 20 - 40 years
Machinery and equipment 5 - 20 years
Enterprise software 3 - 5 years
Office furniture and equipment 3 - 7 years
Vehicles 3 - 7 years

 

Leases [Policy Text Block]

Leases

At the lease commencement date, the Company recognizes a right-of-use lease asset for an amount equal to the lease liability, less any lease incentives. The lease liability is determined based on the present value of future lease payments over the lease term. The lease term includes the noncancellable term of the lease, together with periods covered by options to extend the lease that the Company is reasonably certain to exercise. The discount rate used to determine the present value of the future lease payments is the implicit rate in the lease if readily determinable. When that rate is not readily determinable, the Company applies its incremental borrowing rate, which its estimated using relevant interest rate yield curves and credit spreads derived from available market data. The Company excludes non-lease components in determining the future lease payments.

Intangible Assets [Policy Text Block]

Intangible Assets

The Company's finite-lived intangible assets are amortized on a straight-line basis over their estimated useful lives, which are 15 years for brand names, 20 years for customer relationships, and nine years for other intangible assets.

Impairment of Long-Lived Assets [Policy Text Block]

Impairment of Long-Lived Assets

The Company reviews its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The carrying amount of a long-lived asset is not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset. If the carrying amount of an asset is not recoverable, the fair value of the asset is determined typically using an income approach (discounted cash flow analysis). An impairment loss is recognized in earnings for any excess of the carrying amount of the asset over its fair value.

Goodwill [Policy Text Block]

Goodwill

Goodwill represents the excess in a business combination of the purchase price over the estimated fair value of the identifiable net assets acquired. Goodwill is not amortized but is instead tested for impairment at the reporting unit level at least annually, or whenever events or circumstances change between the annual impairment tests that would indicate the carrying amount of goodwill may be impaired. The Company performs its annual test for goodwill impairment in the fourth quarter of each fiscal year. The Company can elect to qualitatively assess goodwill for impairment if it is more likely than not that the fair value of a reporting unit exceeds its carrying value. If the Company elects to quantitatively assess goodwill, or it is not more likely than not that the fair value of a reporting unit exceeds its carrying value, the Company estimates the fair value of each of its reporting units using an income approach (discounted cash flow method). Goodwill impairment charges are recognized based on the excess of a reporting unit's carrying amount over its fair value. Based on its qualitative assessment, the Company determined that goodwill was not impaired as at January 3, 2026. Prior to fiscal 2019, the Company recognized accumulated goodwill impairment losses of $213.8 million.

Debt Issuance Costs [Policy Text Block]

Debt Issuance Costs

Costs incurred in connection with obtaining debt financing are deferred and amortized over the term of the financing arrangement. Costs incurred to secure revolving credit facilities are recorded in other long-term assets. All other debt issuance costs are recorded as a direct deduction from the related debt liability.

Income Taxes [Policy Text Block]

Income Taxes

The Company follows the asset and liability method of accounting for income taxes whereby deferred tax assets are recognized for deductible temporary differences and carryforwards, and deferred tax liabilities are recognized for taxable temporary differences. A temporary difference is the difference between the financial statement and tax basis of an asset or liability. Deferred tax assets and liabilities are computed based on enacted tax rates. The effect of changes in tax rates and laws is recognized in the period of enactment. Valuation allowances are recorded to reduce deferred tax assets when it is more likely than not that a tax benefit will not be realized. Income tax expense or benefit is the income taxes payable or recoverable for the year plus or minus the change in deferred tax assets and liabilities during the year. A tax benefit from an uncertain tax position is recognized if it is more-likely-than-not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position, or the statute of limitations concerning the uncertain tax position lapses. The Company classifies interest and penalties due to taxing authorities as income taxes.

Stock Based Compensaion [Policy Text Block]

Stock-Based Compensation

The Company measures stock-based awards granted to selected employees and directors at fair value as of the date of grant. Compensation expense is recognized on a straight-line basis over the vesting period of the entire stock-based award. Forfeitures of stock-based awards are recognized as they occur. Upon exercise, stock-based awards are settled through the issuance of common shares and are therefore treated as equity awards.

Revenue Recognition [Policy Text Block]

Revenue Recognition

The Company manufactures and sells food and beverage products to grocery retailers and club stores, foodservice operators, branded food companies, and food manufacturers. The Company recognizes revenue when performance obligations under the terms of a contract with a customer are satisfied, which is upon the transfer of control of the contracted goods. Except for goods sold under bill-and-hold arrangements, control is transferred when title and physical possession of the product transfers to the customer, which is at the point in time that product is shipped from the Company's facilities or delivered to a specified destination, depending on the terms of the contract, and the Company has a present right to payment. Under bill-and-hold arrangements, whereby the Company bills a customer for product to be delivered at a later date, control typically transfers when the product is ready for physical transfer to the customer, and the Company has a present right to payment.  The Company does not typically grant customers a general right of return for goods transferred but will generally accept returns of product for quality-related issues.

A performance obligation is a promise within a contract to transfer distinct goods to the customer. A contract with a customer may involve multiple products and/or multiple delivery dates, with the transfer of each product at each delivery date being considered a distinct performance obligation, as each of the Company's products has standalone utility to the customer. In these cases, the contract's transaction price is allocated to each performance obligation based on relative standalone selling prices and recognized as revenue when each individual product is transferred to the customer.

Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring the goods. Consideration is typically determined based on a fixed unit price for the quantity of product transferred. Certain contracts include rebates and other forms of variable consideration. For contracts involving variable consideration, the Company estimates the transaction price based on the amount of consideration to which it expects to be entitled. These estimates are determined based on historical experience and the expected outcome of the variable consideration, and are updated as new information becomes available, including actual claims paid, which indicate an estimate is not indicative of the expected results. Changes to these estimates are recorded in the period the adjustment is identified. The Company's contracts do not typically include any significant payment terms, as payment is normally due shortly after the time of transfer.

Revenue contracts are typically represented by short-term, binding purchase orders from customers, identifying the quantity and pricing for products to be transferred. Customer purchase orders may be issued under long-term master supply arrangements. On their own, these master supply arrangements are typically not considered contracts for purposes of revenue recognition, as they do not create enforceable rights and obligations regarding the quantity, pricing, or timing of goods to be transferred; however, certain master supply agreements impose minimum purchase obligations on the part of the customers, which is considered a form of variable consideration. Other master supply arrangements provide for the transfer of product on a bill-and-hold basis at the specific request of the customer. As goods are produced under these bill-and-hold arrangements to meet individual customer specifications, they are identifiable as belonging to the customer and cannot be directed to another customer.

The timing of the Company's revenue recognition, customer billings and cash collections, does not result in significant unbilled receivables (contract assets) or customer advances (contract liabilities) on the consolidated balance sheet. Contract costs, such as sales commissions, are generally expensed as incurred given the short-term nature of the associated contracts.

Advertising Costs [Policy Text Block]

Advertising Costs

Advertising costs are expensed as incurred and are included in selling, general and administrative expenses.

Research and Development Costs [Policy Text Block]

Research and Development Costs

Research and development costs are expensed as incurred and are included in selling, general and administrative expenses. The Company's research and development activities are directed towards custom product formulations, packaging innovations, and production process improvements. The Company's research and development expenditures primarily consist of employee-related compensation and supplies, as well as rental costs and depreciation expense related to the Company's innovation center and pilot plant.

Earnings Per Share [Policy Text Block]

Earnings Per Share

Basic earnings per share is computed by dividing earnings attributable to common shareholders by the weighted-average number of common shares outstanding during the year. Earnings attributable to common shareholders is computed by deducting dividends and accretion on convertible preferred stock from net earnings. The potential diluted effect of stock options and other stock-based awards is computed using the treasury stock method whereby the weighted-average number of common shares used in the basic earnings per share calculation is increased to include the number of additional common shares that would have been outstanding if the potential dilutive common shares had been issued at the beginning of the year. The potential dilutive effect of convertible preferred stock is computed using the if-converted method whereby dividends and accretion on the convertible preferred stock are added back to the numerator, and the common shares resulting from the assumed conversion of the convertible preferred stock are included in the denominator of the diluted earnings per share calculation.

Contingencies [Policy Text Block]

Contingencies

The Company is subject to loss contingencies, including various legal and regulatory proceedings, and asserted and potential claims that arise in the ordinary course of business. Accruals for loss contingencies are recorded when the Company determines that it is both probable that a liability has been incurred and the amount of loss can be reasonably estimated. If the estimate of the amount of the loss is a range and some amount within the range appears to be a better estimate than any other amount within the range, that amount is accrued as a liability. If no amount within the range is a better estimate than any other amount, the minimum amount of the range is accrued as a liability.

Recent Accounting Pronouncements [Policy Text Block]

Recent Accounting Pronouncements

Adopted

In December 2023, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which requires public entities, on an annual basis, to provide disclosure of specific categories in the rate reconciliation, as well as disclosure of income taxes paid disaggregated by jurisdiction. The Company adopted the guidance in ASU 2023-09 on a prospective basis beginning in fiscal 2025 (see note 15). The adoption of ASU 2023-09 did not have any impact of the Company's results of operations, cash flows, or financial condition.

Not Yet Adopted

In November 2024, the FASB issued ASU 2024-03, Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses, which requires disclosure, in the notes to financial statements, of specified information about certain costs and expenses. The guidance will be effective for annual periods beginning after December 15, 2026, and interim periods beginning after December 15, 2027. Early adoption is permitted. The Company is currently evaluating the potential effect that ASU 2024-03 will have on its financial statement disclosures.

In September 2025, the FASB issued ASU No. 2025-06, Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software, which is intended to modernize the accounting for the costs of internal-use software given the evolution of software development. ASU 2025-06 removes all references to project stages throughout Subtopic 350-40 and clarifies the threshold entities apply to begin capitalizing costs. The guidance will be effective for annual periods beginning after December 15, 2027, and for interim periods within those annual periods. Early adoption is permitted. The Company is currently evaluating the potential effect that ASU 2025-06 will have on its consolidated financial statements.

v3.25.4
Significant Accounting Policies (Tables)
12 Months Ended
Jan. 03, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Useful Life for Property Plant and Equipment [Table Text Block]
Buildings 20 - 40 years
Machinery and equipment 5 - 20 years
Enterprise software 3 - 5 years
Office furniture and equipment 3 - 7 years
Vehicles 3 - 7 years
v3.25.4
Discontinued Operations (Tables)
12 Months Ended
Jan. 03, 2026
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations to Amounts Reported in the Consolidated Statements of Operations [Table Text Block]
    December 28, 2024     December 30, 2023  
    $     $  
Revenues   -     200,029  
Cost of goods sold   553     211,467  
Selling, general and administrative expenses   621     8,683  
Intangible asset amortization   -     6,000  
Other expense (income), net   (378 )   10,612  
Foreign exchange loss   (101 )   (3,333 )
Interest expense, net   23     554  
Earnings (loss) before loss on divestiture   (718 )   (33,954 )
Pre-tax loss on divestiture   (5,435 )   (119,821 )
Loss from discontinued operations before income taxes   (6,153 )   (153,775 )
Income tax benefit   (234 )   (167 )
Net loss from discontinued operations   (5,919 )   (153,608 )
v3.25.4
Receivables Sales Program (Tables)
12 Months Ended
Jan. 03, 2026
Receivables Sales Program [Abstract]  
Schedule of Receivables Sales Program [Table Text Block]
      Year Ended  
      January 3, 2026     December 28, 2024  
      $     $  
Receivables balance sold to the Purchaser, beginning of the year   24,986     -  
  Sale of receivables   249,671     62,021  
  Cash collected and remitted to the Purchaser   (226,105 )   (37,035 )
Receivables balance sold to the Purchaser, end of the year(1)   48,552     24,986  
  Cash collected and not remitted to the Purchaser(2)   (39,817 )   (13,575 )
Outstanding receivables sold, end of the year   8,735     11,411  

(1) For the years ended January 3, 2026 and December 28, 2024, the Company recorded increases of $23.6 million and $25.0 million, respectively, to cash flows from operating activities of continuing operations from receivables sold under the Receivables Sales Program, which are reflected in the consolidated statements of cash flows.

(2) Cash collected from customers on behalf of but not yet remitted to the Purchaser is included in accounts payable on the consolidated balance sheets, with changes in such obligations reflected as operating activities in the consolidated statements of cash flows. There are no restrictions under the Agreement on the Company's use of the cash collected prior to the time it is due to be remitted to the Purchaser.

v3.25.4
Inventories (Tables)
12 Months Ended
Jan. 03, 2026
Inventory Disclosure [Abstract]  
Schedule of Inventory, Current [Table Text Block]
    January 3, 2026     December 28, 2024  
    $     $  
Raw materials and work-in-process   58,536     51,422  
Finished goods   52,101     46,843  
Inventory reserve   (3,666 )   (5,467 )
    106,971     92,798  
Schedule of Inventory Reserve [Table Text Block]
    January 3, 2026     December 28, 2024  
    $     $  
Balance, beginning of year   5,467     6,810  
Additions to reserve during the year   2,692     11,966  
Reserves applied and inventories written off during the year   (4,493 )   (13,309 )
Balance, end of year   3,666     5,467  
v3.25.4
Property, Plant and Equipment (Tables)
12 Months Ended
Jan. 03, 2026
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment [Table Text Block]
    January 3, 2026     December 28, 2024  
    Cost    

Accumulated

depreciation

   

Net book

value

    Cost    

Accumulated

depreciation

   

Net book

value

 
 
    $     $     $     $     $     $  
Land   203     -     203     203     -     203  
Buildings   115,383     30,806     84,577     105,080     25,744     79,336  
Machinery and equipment   386,567     149,532     237,035     374,808     121,508     253,300  
Enterprise software   17,692     7,185     10,507     14,983     5,916     9,067  
Office furniture and equipment   3,956     2,579     1,377     3,913     2,299     1,614  
Vehicles   405     352     53     405     307     98  
    524,206     190,454     333,752     499,392     155,774     343,618  
v3.25.4
Leases (Tables)
12 Months Ended
Jan. 03, 2026
Leases [Abstract]  
Schedule of Lease Costs [Table Text Block]
      January 3, 2026     December 28, 2024     December 30, 2023  
      $     $     $  
Lease Costs                  
Operating lease cost   17,224     18,243     14,856  
Finance lease cost:                  
  Depreciation of right-of-use assets   8,047     8,541     13,441  
  Interest on lease liabilities   5,172     5,455     9,310  
  Total finance lease cost   13,219     13,996     22,751  
Schedule of Balance Sheet Classification, Cash Flow Information, Other Information [Table Text Block]
      January 3, 2026     December 28, 2024  
      $     $  
Balance Sheet Classification            
Operating leases:            
  Operating lease right-of-use assets   111,196     105,692  
               
  Current portion of operating lease liabilities   18,282     17,055  
  Operating lease liabilities   103,150     99,328  
  Total operating lease liabilities   121,432     116,383  
               
Finance leases:            
  Property, plant and equipment, gross   96,001     100,481  
  Accumulated depreciation   (25,554 )   (23,514 )
  Property, plant and equipment, net   70,447     76,967  
               
  Current portion of long-term debt   19,698     20,393  
  Long-term debt   24,778     38,528  
  Total finance lease liabilities   44,476     58,921  

 

      January 3, 2026     December 28, 2024     December 30, 2023  
      $     $     $  
Cash Flow Information                  
Cash paid (received) for amounts included in measurement of lease liabilities:                  
  Operating cash flows from operating leases   17,679     17,268     13,852  
  Operating cash flows from finance leases   5,172     5,455     9,310  
  Financing cash flows from finance leases                  
  Cash paid under finance leases(1)   25,283     20,203     89,087  
  Cash received under finance leases(2)   (8,485 )   (1,446 )   (6,568 )
                     
Right-of-use assets obtained in exchange for lease liabilities:                  
  Operating leases   13,744     10,227     35,601  
  Finance leases   2,353     24,746     9,952  
                     
Right-of-use assets and liabilities reduced through lease terminations or modifications:                  
  Operating leases   -     -     (914 )

(1) Represents repayments under finance leases recorded as a reduction of the lease liability and reported in repayment of long-term debt on the consolidated statements of cash flows.

(2) Represents cash advances received by the Company under finance leases for the construction of right-of-use assets controlled by the Company, which is reported in borrowings of long-term debt on the consolidated statements of cash flows.

      January 3, 2026     December 28, 2024     December 30, 2023  
Other Information                  
Weighted-average remaining lease term (years):                  
  Operating leases   10.1     11.2     12.0  
  Finance leases   2.9     3.1     3.2  
                     
Weighted-average discount rate:                  
  Operating leases   8.6%     8.5%     8.6%  
  Finance leases   8.9%     9.6%     7.9%  
Schedule of Lease Liabilities Maturities [Table Text Block]
    Operating leases     Finance leases  
    $     $  
Maturities of Lease Liabilities            
2026   18,876     21,501  
2027   18,617     13,736  
2028   18,249     10,607  
2029   16,811     4,187  
2030   15,879     1,009  
Thereafter   144,696     -  
Total lease payments   233,128     51,040  
Less: imputed interest   (111,696 )   (6,564 )
Total lease liabilities   121,432     44,476  
v3.25.4
Intangible Assets (Tables)
12 Months Ended
Jan. 03, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block]
    January 3, 2026     December 28, 2024  
    Cost    

Accumulated

amortization

   

Net book

value

    Cost    

Accumulated

amortization

   

Net book

value

 
    $     $     $     $     $     $  
Brand names   25,073     7,860     17,213     25,073     6,189     18,884  
Customer relationships   2,251     1,171     1,080     2,251     1,058     1,193  
Other   2,936     240     2,696     -     -     -  
    30,260     9,271     20,989     27,324     7,247     20,077  
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
    2026     2027     2028     2029     2030     Thereafter     Total  
    $     $     $     $     $     $     $  
Amortization expense   2,104     2,104     2,104     2,104     2,104     10,469     20,989  
v3.25.4
Accrued Liabilities (Tables)
12 Months Ended
Jan. 03, 2026
Payables and Accruals [Abstract]  
Schedule of Accrued Liabilities [Table Text Block]
    January 3, 2026     December 28, 2024  
    $     $  
Payroll and benefits   13,616     12,935  
Accrued interest   183     1,435  
Other accruals   2,544     3,506  
    16,343     17,876  
v3.25.4
Short-Term and Long-Term Debt (Tables)
12 Months Ended
Jan. 03, 2026
Debt Disclosure [Abstract]  
Schedule of Line of Credit Facilities [Table Text Block]
    January 3, 2026     December 28, 2024  
    $     $  
Short-Term Debt            
Line of credit facility   -     -  
             
Long-Term Debt            
Term loan facility   162,000     173,250  
Revolving credit facility   44,928     33,937  
Less: unamortized debt issuance costs   (685 )   (917 )
Total credit facilities   206,243     206,270  
Finance lease liabilities   44,476     58,921  
Total long-term debt, before current portion   250,719     265,191  
Less: current portion   33,198     29,393  
Total long-term debt   217,521     235,798  
Schedule of Maturities of Long-term Debt [Table Text Block]
    $  
2026   35,001  
2027   27,236  
2028   190,535  
2029   4,187  
2030   1,009  
Total gross maturities   257,968  
Less: imputed interest on finance lease liabilities   (6,564 )
Less: debt issuance costs   (685 )
Total debt   250,719  
v3.25.4
Stock-Based Compensation (Tables)
12 Months Ended
Jan. 03, 2026
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Schedule of Non-Vested PSU Activity [Table Text Block]
    Market     Weighted-  
    Condition     average grant-  
    PSUs     date fair value  
Non-vested, beginning of year   753,839   $ 7.82  
Vested   (153,428 )   8.48  
Forfeited   (177,773 )   8.03  
Non-vested, end of year   422,638   $ 7.50  
Stock Options [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Schedule of Stock Option Activity [Table Text Block]
                Weighted-        
                average        
          Weighted-     remaining        
          average     contractual     Aggregate  
    Stock options     exercise price     term (years)     intrinsic value  
Outstanding, beginning of year   3,321,778   5.56              
Granted   594,277     3.92              
Exercised   (434,403 )   3.62              
Forfeited   (180,231 )   5.70              
Expired   (1,991,005 )   5.60              
Outstanding, end of year   1,310,416   5.39     7.7    $ 6  
Exercisable, end of year   552,225    $ 6.54     6.0    $ 6  
          Weighted-  
          average grant-  
    Stock options     date fair value  
Non-vested, beginning of year   643,214   $ 3.77  
Granted   594,277     2.39  
Vested   (299,069 )   3.67  
Forfeited   (180,231 )   3.48  
Non-vested, end of year   758,191   $ 2.80  
Schedule of Stock Options Granted using the Black-Scholes Option Pricing Model [Table Text Block]
    January 3, 2026     December 28, 2024     December 30, 2023  
Grant-date stock price $ 3.92   $ 6.10   $ 6.29  
Dividend yield(a)   0%     0%     0%  
Expected volatility(b)   62.2%     65.7%     63.5%  
Risk-free interest rate(c)   4.2%     4.3%     4.1%  
Expected life of options (years)(d)   6.0     6.0     6.0  

(a) Determined based on expected annual dividend yield at the time of grant.

(b) Determined based on historical volatility of the Company's common shares over the expected life of the option.

(c) Determined based on the yield on U.S. Treasury zero-coupon issues with maturity dates equal to the expected life of the option.

(d) Determined based on the mid-point of vesting (one through three years) and expiration (10 years). The Company has used the simplified method to determine the expected life of options due to insufficient historical exercise data to provide a reasonable basis to estimate the expected life.

Schedule of Share-based Compensation Arrangements by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding [Table Text Block]
                    Weighted-                    
                    average                    
              remaining     Weighted-           Weighted-  
  Exercise price range     Outstanding     contractual life     average exercise     Exercisable     average exercise  
  Low     High     options     (years)     price     options     price  
$ 3.25   $ 3.60     13,160     3.9   $ 3.25     13,160   $ 3.25  
  3.61     4.33     546,047     9.3     3.92     -     3.92  
  4.34     5.73     274,995     7.4     5.41     198,060     5.36  
  5.74     6.45     214,734     6.8     6.12     179,440     6.07  
  6.46     14.77     261,480     5.6     7.94     161,565     8.77  
              1,310,416     7.7   $ 5.39     552,225   $ 6.54  
Restricted Stock Units ("RSUs") [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Schedule of Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]
          Weighted-  
          average grant-  
    RSUs     date fair value  
Non-vested, beginning of year   788,064   $ 6.08  
Granted   701,714     4.93  
Vested   (470,378 )   5.99  
Forfeited   (127,240 )   5.85  
Non-vested, end of year   892,160     5.26  
Vested and deferred   34,830     5.74  
Outstanding, end of year   926,990   $ 5.27  
Performance Share Units ("PSUs") [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Schedule of Stock Options Granted using the Black-Scholes Option Pricing Model [Table Text Block]
    December 28, 2024     December 30, 2023  
Grant-date stock price $ 5.54   $ 6.35  
Dividend yield   0%     0%  
Expected volatility(a)   58.4%     55.5%  
Risk-free interest rate(b)   4.1%     4.7%  
Expected life (in years)(c)   3.0     2.5  

(a) Determined based on the historical volatility of the Company's common shares over the performance period of the PSUs.

(b) Determined based on U.S. Treasury yields with a remaining term equal to the performance period of the PSUs.

(c) Determined based on the performance period of the PSUs.

Schedule of Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]
    Performance     Weighted-  
    Condition     average grant-  
    PSUs     date fair value  
Non-vested, beginning of year   791,041   $ 6.51  
Granted   1,145,107     4.61  
Vested   (536,633 )   6.46  
Cancelled or forfeited   (191,286 )   5.70  
Non-vested, end of year   1,208,229   $ 4.85  
v3.25.4
Income Taxes (Tables)
12 Months Ended
Jan. 03, 2026
Income Tax Disclosure [Abstract]  
Schedule of Earnings (Loss) from Continuing Operations Before Income Taxes [Table Text Block]
   

January 3,

2026

   

December 28,

2024

   

December 30,

2023

 
    $     $     $  
Canada   (3,878 )   (10,470 )   (12,709 )
U.S.   20,616     1,011     (9,203 )
Mexico   (279 )   (545 )   -  
Earnings (loss) from continuing operations before income taxes   16,459     (10,004 )   (21,912 )
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
       

January 3,

2026

   

December 28,

2024

   

December 30,

2023

 
        $     $     $  
Current income tax expense (benefit):                  
  Canada:                  
    Federal   28     64     (32 )
    Provincial   22     49     -  
  U.S.   165     213     (677 )
  Mexico   553     1,324     -  
        768     1,650     (709 )
                     
Deferred income tax expense (benefit):                  
  Canada:                  
    Federal   (154 )   -     -  
    Provincial   77     -     -  
  U.S.   -     -     3,978  
  Mexico   -     (180 )   -  
        (77 )   (180 )   3,978  
Income tax expense   691     1,470     3,269  
Schedule of Reconciliation of Effective Tax Rate [Table Text Block]
          January 3, 2026  
          Amount     Rate  
Canadian federal statutory tax rate $ 2,469     15.0%  
Canadian provincial income taxes            
  Statutory provincial income taxes(1)   (446 )   -2.7%  
  Effect of cross-border tax laws:            
    Foreign accrual property income   65     0.4%  
  Change in valuation allowance   (658 )   -4.0%  
  Nondeductible items:            
    Stock-based compensation   849     5.2%  
    Intercompany loan restructuring   174     1.1%  
Foreign tax effects            
  United States:            
    Federal statutory rate difference between U.S. and Canada   1,237     7.5%  
    State income taxes(2)   989     6.0%  
    Change in enacted tax rates   30     0.2%  
    Change in valuation allowance   (4,283 )   -26.0%  
    Nondeductible items:            
      Stock-based compensation   (1,502 )   -9.1%  
      Disallowed executive compensation   501     3.0%  
    Other adjustments   101     0.6%  
  Mexico:            
    Federal statutory rate difference between Mexico and Canada   (42 )   -0.3%  
    Effect of cross-border tax laws:            
      Withholding tax   173     1.1%  
    Change in valuation allowance   (232 )   -1.4%  
    Nondeductible item:            
      Intercompany loan restructuring   508     3.1%  
    Other adjustments   187     1.1%  
Effect of cross-border tax laws            
  Foreign accrual property income   84     0.5%  
Change in valuation allowance   (858 )   -5.2%  
Nondeductible items            
  Stock-based compensation   1,107     6.7%  
  Intercompany loan restructuring   226     1.4%  
Other adjustments   12     0.1%  
Effective tax rate $ 691     4.2%  

(1) Represents Ontario provincial taxes.

(2) California and Pennsylvania represent the majority of state income taxes.

    December 28, 2024     December 30, 2023  
    Amount     Rate     Amount     Rate  
Canadian combined statutory rate $ (2,651 )   26.5%   $ (5,807 )   26.5%  
Stock-based compensation   1,392     -13.9%     (607 )   2.8%  
Change in valuation allowance   2,534     -25.3%     6,607     -30.2%  
Disallowed executive compensation   140     -1.4%     2,372     -10.8%  
Foreign tax rate differential   (29 )   0.3%     107     -0.5%  
Change in enacted tax rates   6     -0.1%     90     -0.4%  
Other   78     -0.8%     507     -2.3%  
Effective tax rate $ 1,470     -14.7%   $ 3,269     -14.9%  
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
    January 3, 2026     December 28, 2024  
    $     $  
Loss and credit carryovers   57,191     52,021  
Lease liabilities   30,516     29,771  
Interest expense limitation (163j)   17,398     19,970  
Stock-based compensation   985     1,431  
Inventory basis differences   895     1,351  
Property, plant and equipment and intangible assets   (32,251 )   (24,892 )
Right-of-use lease assets   (29,158 )   (28,374 )
Other   5,125     5,945  
    50,701     57,223  
Less: valuation allowance   50,949     57,548  
Deferred income tax liability   (248 )   (325 )
Schedule of Net Operating Losses, Tax Credits and Capital Losses Recorded Deferred Tax Assets [Table Text Block]
    Gross attribute amount     Net attribute amount     Expiration years  
Tax Attributes                  
Net operating losses - Canada $ 136   $ 36     2043  
Net operating losses - U.S. Federal   192,889     40,507     2037 and indefinite  
Net operating losses - U.S. State   201,556     8,324     2027-2044 and indefinite  
Net operating losses - Other   3,833     1,150     2028  
Federal credits - Canada   -     186     2026-2027  
Federal credits - U.S.   -     3,267     2031-2045  
State credits - U.S.   -     32     2026  
Federal capital loss - Canada   27,838     3,689     N/A  
Total       $ 57,191        
v3.25.4
Earnings (Loss) Per Share (Tables)
12 Months Ended
Jan. 03, 2026
Earnings (Loss) Per Share [Abstract]  
Schedule of Basic and Diluted Earnings (Loss) Per Share [Table Text Block]
      January 3, 2026     December 28, 2024     December 30, 2023  
Basic Earnings (Loss) Per Share                  
Numerator for basic earnings (loss) per share:                  
  Earnings (loss) from continuing operations $ 15,768   $ (11,474 ) $ (25,181 )
  Less: dividends and accretion on preferred stock   (175 )   (539 )   (1,981 )
  Earnings (loss) from continuing operations attributable to common shareholders   15,593     (12,013 )   (27,162 )
  Loss from discontinued operations   -     (5,919 )   (153,608 )
  Earnings (loss) attributable to common shareholders $ 15,593   $ (17,932 ) $ (180,770 )
                     
Denominator for basic earnings (loss) per share:                  
  Basic weighted-average number of shares outstanding   117,965     116,617     114,226  
                     
Basic earnings (loss) per share:                  
  Earnings (loss) from continuing operations attributable to common shareholders $ 0.13   $ (0.10 ) $ (0.24 )
  Loss from discontinued operations   -     (0.05 )   (1.34 )
  Earnings (loss) attributable to common shareholders $ 0.13   $ (0.15 ) $ (1.58 )
                     
      January 3, 2026     December 28, 2024     December 30, 2023  
Diluted Earnings (Loss) Per Share                  
Numerator for diluted earnings (loss) per share:                  
  Earnings (loss) from continuing operations $ 15,768   $ (11,474 ) $ (25,181 )
  Less: dividends and accretion on preferred stock(1)   -     (539 )   (1,981 )
  Earnings (loss) from continuing operations attributable to common shareholders   15,768     (12,013 )   (27,162 )
  Loss from discontinued operations   -     (5,919 )   (153,608 )
  Earnings (loss) attributable to common shareholders $ 15,768   $ (17,932 ) $ (180,770 )
                     
Denominator for diluted earnings (loss) per share:                  
  Basic weighted-average number of shares outstanding   117,965     116,617     114,226  
  Dilutive effect of the following:                  
  Stock options, RSUs and PSUs(2)   725     -     -  
  Series B-1 Preferred Stock(1)   6,089     -     -  
  Diluted weighted-average number of shares outstanding   124,779     116,617     114,226  
                     
Diluted earnings (loss) per share:                  
  Earnings (loss) from continuing operations attributable to common shareholders $ 0.13   $ (0.10 ) $ (0.24 )
  Loss from discontinued operations   -     (0.05 )   (1.34 )
  Earnings (loss) attributable to common shareholders $ 0.13   $ (0.15 ) $ (1.58 )

(1) For the year ended January 3, 2026, it was more dilutive to assume the Series B-1 Preferred Stock was exchanged into common shares and, therefore, the numerator of the diluted loss per share calculation was adjusted to exclude the accretion on the Series B-1 Preferred Stock and the denominator was adjusted to include the 6,089,333 common shares issuable on an if-converted basis. For the years ended December 28, 2024 and December 30, 2023, it was more dilutive to the loss per share from continuing operations to assume the Series B-1 Preferred Stock was not exchanged into common shares.

(2) For the years ended December 28, 2024 and December 30, 2023, 1,026,759 and 1,273,093 potential common shares were excluded from the calculation of diluted loss per share due to their effect of reducing the loss per share from continuing operations attributable to common shareholders. Dilutive potential common shares consist of stock options, RSUs, and certain contingently issuable PSUs. For the years ended January 3, 2026, December 28, 2024 and December 30, 2023, stock options and RSUs to purchase or receive 1,275,099, 1,238,722 and 2,192,677 potential common shares, respectively, were anti-dilutive because the assumed proceeds exceeded the average market price of the common shares for the respective periods.

v3.25.4
Supplemental Cash Flow Information (Tables)
12 Months Ended
Jan. 03, 2026
Supplemental Cash Flow Elements [Abstract]  
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]
    January 3, 2026     December 28, 2024     December 30, 2023  
    $     $     $  
Changes in Operating Assets and Liabilities, Net of Divestitures                  
Accounts receivable   (29,282 )   19,482     (2,195 )
Inventories   (14,173 )   (8,421 )   (10,631 )
Accounts payable   24,580     10,901     1,054  
Other operating assets and liabilities   2,290     (4,251 )   (10,610 )
    (16,585 )   17,711     (22,382 )
                   
Cash paid for interest   24,332     23,927     24,032  
                   
Non-Cash Investing and Financing Activities                  
Change in additions to property, plant and equipment included in accounts payable   1,053     2,885     (436 )
Change in accrued dividends on preferred stock   -     (304 )   (305 )
Short-term note receivable on divestiture of Frozen Fruit   -     -     (6,300 )
Seller Promissory Notes on divestiture of Frozen Fruit   -     -     (20,000 )
v3.25.4
Segment Information (Tables)
12 Months Ended
Jan. 03, 2026
Segment Reporting [Abstract]  
Schedule of Disaggregation of Revenue [Table Text Block]
    January 3, 2026     December 28, 2024     December 30, 2023  
    $     $     $  
Product Category                  
Beverages and broths   650,029     577,069     499,226  
Fruit snacks   153,828     127,328     98,186  
Ingredients   13,858     17,025     17,032  
Smoothie bowls(1)   -     2,306     12,286  
Total revenues   817,715     723,728     626,730  

(1) On March 4, 2024, the Company completed the sale of its smoothie bowl product line and exited the category.

Schedule of Expense Provided to CODM [Table Text Block]
    January 3, 2026     December 28, 2024     December 30, 2023  
    $     $     $  
Depreciation and Amortization                  
Depreciation expense included in cost of goods sold   32,106     29,719     24,225  
Depreciation expense included in selling, general and administrative expenses   5,404     4,994     5,030  
Intangible asset amortization expense   2,024     1,784     1,784  
Total depreciation and amortization   39,534     36,497     31,039  
                   
Stock-Based Compensation                  
Stock-based compensation expense included in selling, general and administrative expenses   7,381     11,190     12,432  
                   
Interest Expense, Net                  
Interest expense, net of capitalized interest   23,080     26,307     24,422  
Amortization of debt issuance costs   1,128     914     1,398  
Loss on extinguishment of debt   -     -     1,584  
Interest income   (3,130 )   (2,313 )   (495 )
Interest expense, net   21,078     24,908     26,909  
Schedule of Segment Revenue from External Customers by Segment [Table Text Block]
    January 3, 2026     December 28, 2024     December 30, 2023  
    $     $     $  
Revenues from External Customers                  
U.S.   797,628     710,191     611,566  
Canada   19,678     11,359     11,740  
Other   409     2,178     3,424  
Total revenues from external customers   817,715     723,728     626,730  
Schedule of Segment Long-lived Assets by Geographic Areas [Table Text Block]
    January 3, 2026     December 28, 2024  
    $     $  
Long-Lived Assets            
U.S.   439,365     446,525  
Canada   5,583     2,785  
Total long-lived assets   444,948     449,310  
v3.25.4
Significant Accounting Policies (Narrative) (Details) - USD ($)
$ in Millions
12 Months Ended
Jan. 03, 2026
Jan. 01, 2019
Significant Accounting Policies [Line Items]    
Operating cycle The fiscal year of the Company consists of a 52- or 53-week period ending on the Saturday closest to December 31. Fiscal year 2025 was a 53-week period ending on January 3, 2026, and fiscal years 2024 and 2023 were each 52-week periods ending on December 28, 2024 and December 30, 2023, respectively. Fiscal year 2026 will be a 52-week period ending on January 2, 2027, with quarterly periods ending on April 4, 2026, July 4, 2026, and October 3, 2026.  
Description of trade receivable balance As at January 3, 2026, two long-term customers represented approximately 34% and 18%, respectively, of the Company's consolidated accounts receivable balance.  
Accumulated goodwill impairment losses   $ 213.8
Brand names [Member]    
Significant Accounting Policies [Line Items]    
Estimated useful lives 15 years  
Customer relationships [Member]    
Significant Accounting Policies [Line Items]    
Estimated useful lives 20 years  
v3.25.4
Significant Accounting Policies (Schedule of useful life for property plant and equipment) (Details)
Jan. 03, 2026
Buildings [Member] | Minimum [Member]  
Property, Plant and Equipment [Line Items]  
Property plant and equipment useful life 20 years
Buildings [Member] | Maximum [Member]  
Property, Plant and Equipment [Line Items]  
Property plant and equipment useful life 40 years
Machinery and equipment [Member] | Minimum [Member]  
Property, Plant and Equipment [Line Items]  
Property plant and equipment useful life 5 years
Machinery and equipment [Member] | Maximum [Member]  
Property, Plant and Equipment [Line Items]  
Property plant and equipment useful life 20 years
Enterprise software [Member] | Minimum [Member]  
Property, Plant and Equipment [Line Items]  
Property plant and equipment useful life 3 years
Enterprise software [Member] | Maximum [Member]  
Property, Plant and Equipment [Line Items]  
Property plant and equipment useful life 5 years
Office furniture and equipment [Member] | Minimum [Member]  
Property, Plant and Equipment [Line Items]  
Property plant and equipment useful life 3 years
Office furniture and equipment [Member] | Maximum [Member]  
Property, Plant and Equipment [Line Items]  
Property plant and equipment useful life 7 years
Vehicles [Member] | Minimum [Member]  
Property, Plant and Equipment [Line Items]  
Property plant and equipment useful life 3 years
Vehicles [Member] | Maximum [Member]  
Property, Plant and Equipment [Line Items]  
Property plant and equipment useful life 7 years
v3.25.4
Discontinued Operations (Narrative) (Details) - Divestiture of Frozen Fruit [Member] - Asset Purchase Agreement [Member] - USD ($)
$ in Millions
12 Months Ended
Oct. 12, 2023
Jan. 03, 2026
Dec. 28, 2024
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]      
Cash consideration $ 95.3    
Short-term note receivable 10.5    
Receivable amount in five consecutive monthly installments 2.1    
Principal amount of seller promissory notes 20.0    
Accounts payable and accrued liabilities assumed $ 15.7    
Net reduction in purchase price due to final net working capital adjustment     $ 5.1
Interest rate per annum The Seller Promissory Notes bear interest at a rate per annum equal to the Secured Overnight Financing Rate ("SOFR"), determined quarterly in advance, plus a margin of 4.00% for the first year and 7.00% for the second and third years. Interest is payable quarterly in-kind. The Seller Promissory Notes mature on October 12, 2026, and outstanding principal and accrued and unpaid interest is payable on the maturity date.    
Paid-in-kind interest   $ 5.1 $ 2.5
v3.25.4
Discontinued Operations (Schedule of income statement disclosures) (Details) - USD ($)
$ in Thousands
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]      
Net loss from discontinued operations $ 0 $ (5,919) $ (153,608)
Divestiture of Frozen Fruit [Member]      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]      
Revenues   0 200,029
Cost of goods sold   553 211,467
Selling, general and administrative expenses   621 8,683
Intangible asset amortization   0 6,000
Other expense (income), net   (378) 10,612
Foreign exchange loss   (101) (3,333)
Interest expense, net   23 554
Earnings (loss) before loss on divestiture   (718) (33,954)
Pre-tax loss on divestiture   (5,435) (119,821)
Loss from discontinued operations before income taxes   (6,153) (153,775)
Income tax benefit   (234) (167)
Net loss from discontinued operations   $ (5,919) $ (153,608)
v3.25.4
Receivables Sales Program (Narrative) (Details) - USD ($)
$ in Thousands
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Receivables Sales Program [Line Items]      
Net cash provided by operating activities of continuing operations $ 49,661 $ 52,339 $ 3,575
Receivables sales program [Member]      
Receivables Sales Program [Line Items]      
Maximum aggregate amount of outstanding receivables under Receivables Sales Program $ 52,000    
Receivables Sales Program termination period 30 days    
Loss on sale of sold receivables $ 2,100 700  
Net cash provided by operating activities of continuing operations $ 23,600 $ 25,000  
v3.25.4
Receivables Sales Program (Schedule of receivables sales program) (Details) - Receivables sales program [Member] - USD ($)
$ in Thousands
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Receivables Sales Program [Line Items]    
Receivables balance sold to the Purchaser, beginning of the year $ 24,986 $ 0
Sale of receivables 249,671 62,021
Cash collected and remitted to the Purchaser (226,105) (37,035)
Outstanding receivables sold, end of the year 48,552 24,986
Cash collected and not remitted to the Purchaser (39,817) (13,575)
Outstanding receivables sold $ 8,735 $ 11,411
v3.25.4
Inventories (Schedule of inventory, current) (Details) - USD ($)
$ in Thousands
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Inventory Disclosure [Abstract]      
Raw materials and work-in-process $ 58,536 $ 51,422  
Finished goods 52,101 46,843  
Inventory reserves (3,666) (5,467) $ (6,810)
Total Inventory, Net $ 106,971 $ 92,798  
v3.25.4
Inventories (Schedule of inventory reserve) (Details) - USD ($)
$ in Thousands
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Inventories [Roll Forward]    
Balance, beginning of year $ 5,467 $ 6,810
Additions to reserve during the year 2,692 11,966
Reserves applied and inventories written off during the year (4,493) (13,309)
Balance, end of year $ 3,666 $ 5,467
v3.25.4
Property, Plant and Equipment (Narrative) (Details) - USD ($)
$ in Millions
Jan. 03, 2026
Dec. 28, 2024
Property, Plant and Equipment [Line Items]    
Construction in process assets $ 17.9 $ 18.6
Spare parts inventory $ 14.7 $ 12.6
v3.25.4
Property, Plant and Equipment (Schedule of property, plant and equipment) (Details) - USD ($)
$ in Thousands
Jan. 03, 2026
Dec. 28, 2024
Property, Plant and Equipment [Line Items]    
Cost $ 524,206 $ 499,392
Accumulated depreciation 190,454 155,774
Net book value 333,752 343,618
Land [Member]    
Property, Plant and Equipment [Line Items]    
Cost 203 203
Accumulated depreciation 0 0
Net book value 203 203
Building [Member]    
Property, Plant and Equipment [Line Items]    
Cost 115,383 105,080
Accumulated depreciation 30,806 25,744
Net book value 84,577 79,336
Machinery and equipment [Member]    
Property, Plant and Equipment [Line Items]    
Cost 386,567 374,808
Accumulated depreciation 149,532 121,508
Net book value 237,035 253,300
Enterprise software [Member]    
Property, Plant and Equipment [Line Items]    
Cost 17,692 14,983
Accumulated depreciation 7,185 5,916
Net book value 10,507 9,067
Office furniture and equipment [Member]    
Property, Plant and Equipment [Line Items]    
Cost 3,956 3,913
Accumulated depreciation 2,579 2,299
Net book value 1,377 1,614
Vehicles [Member]    
Property, Plant and Equipment [Line Items]    
Cost 405 405
Accumulated depreciation 352 307
Net book value $ 53 $ 98
v3.25.4
Leases (Narrative) (Details)
$ in Millions
Jan. 03, 2026
USD ($)
Operating Leased Assets [Line Items]  
Finance lease, maximum aggregate financing $ 69
Minimum [Member]  
Operating Leased Assets [Line Items]  
Lessee, operating lease, term of contract 1 year
Maximum [Member]  
Operating Leased Assets [Line Items]  
Lessee, operating lease, term of contract 15 years
Real estate operating leases [Member] | Maximum [Member]  
Operating Leased Assets [Line Items]  
Lessee, operating lease, renewal term 15 years
v3.25.4
Leases (Schedule of cost) (Details) - USD ($)
$ in Thousands
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Lease Costs      
Operating lease cost $ 17,224 $ 18,243 $ 14,856
Finance lease cost, Depreciation of right-of-use assets 8,047 8,541 13,441
Finance lease cost, Interest on lease liabilities 5,172 5,455 9,310
Total finance lease cost $ 13,219 $ 13,996 $ 22,751
v3.25.4
Leases (Schedule of balance sheet classification) (Details) - USD ($)
$ in Thousands
Jan. 03, 2026
Dec. 28, 2024
Operating leases    
Operating lease right-of-use assets $ 111,196 $ 105,692
Current portion of operating lease liabilities 18,282 17,055
Operating lease liabilities 103,150 99,328
Total operating lease liabilities 121,432 116,383
Finance leases    
Property, plant and equipment, gross 524,206 499,392
Accumulated depreciation (190,454) (155,774)
Property, plant and equipment, net 333,752 343,618
Current portion of long-term debt 19,698 20,393
Long-term debt 24,778 38,528
Total finance lease liabilities $ 44,476 $ 58,921
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration] Other Liabilities, Current Other Liabilities, Current
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration] Other Long-Term Debt, Noncurrent Other Long-Term Debt, Noncurrent
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration] Other Liabilities Other Liabilities
Finance Leases [Member]    
Finance leases    
Property, plant and equipment, gross $ 96,001 $ 100,481
Accumulated depreciation (25,554) (23,514)
Property, plant and equipment, net $ 70,447 $ 76,967
v3.25.4
Leases (Schedule of cash flow information) (Details) - USD ($)
$ in Thousands
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Cash paid (received) for amounts included in measurement of lease liabilities:      
Operating cash flows from operating leases $ 17,679 $ 17,268 $ 13,852
Operating cash flows from finance leases 5,172 5,455 9,310
Financing cash flows from finance leases      
Cash paid under finance leases 25,283 20,203 89,087
Cash received under finance leases (8,485) (1,446) (6,568)
Right-of-use assets obtained in exchange for lease liabilities:      
Operating leases 13,744 10,227 35,601
Finance leases 2,353 24,746 9,952
Operating Leases [Member]      
Right-of-use assets and liabilities reduced through lease terminations or modifications:      
Operating leases $ 0 $ 0 $ (914)
v3.25.4
Leases (Schedule of other information) (Details)
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Leases [Abstract]      
Weighted-average remaining lease term (years), Operating leases 10 years 1 month 6 days 11 years 2 months 12 days 12 years
Weighted-average remaining lease term (years), Finance leases 2 years 10 months 24 days 3 years 1 month 6 days 3 years 2 months 12 days
Weighted-average discount rate, Operating leases 8.60% 8.50% 8.60%
Weighted-average discount rate, Finance leases 8.90% 9.60% 7.90%
v3.25.4
Leases (Schedule of lessee, operating lease liability, maturity) (Details) - USD ($)
$ in Thousands
Jan. 03, 2026
Dec. 28, 2024
Operating leases    
2026 $ 18,876  
2027 18,617  
2028 18,249  
2029 16,811  
2030 15,879  
Thereafter 144,696  
Total lease payments 233,128  
Less: imputed interest (111,696)  
Total lease liabilities 121,432 $ 116,383
Finance leases    
2026 21,501  
2027 13,736  
2028 10,607  
2029 4,187  
2030 1,009  
Thereafter 0  
Total lease payments 51,040  
Less: imputed interest on finance lease liabilities (6,564)  
Total lease liabilities $ 44,476 $ 58,921
v3.25.4
Intangible assets (Schedule of major components) (Details) - USD ($)
$ in Thousands
Jan. 03, 2026
Dec. 28, 2024
Finite-Lived Intangible Assets [Line Items]    
Cost $ 30,260 $ 27,324
Accumulated amortization 9,271 7,247
Net book value 20,989 20,077
Brand names [Member]    
Finite-Lived Intangible Assets [Line Items]    
Cost 25,073 25,073
Accumulated amortization 7,860 6,189
Net book value 17,213 18,884
Customer relationships [Member]    
Finite-Lived Intangible Assets [Line Items]    
Cost 2,251 2,251
Accumulated amortization 1,171 1,058
Net book value 1,080 1,193
Other [Member]    
Finite-Lived Intangible Assets [Line Items]    
Cost 2,936 0
Accumulated amortization 240 0
Net book value $ 2,696 $ 0
v3.25.4
Intangible assets (Schedule of future amortization) (Details) - USD ($)
$ in Thousands
Jan. 03, 2026
Dec. 28, 2024
Goodwill and Intangible Assets Disclosure [Abstract]    
2026 $ 2,104  
2027 2,104  
2028 2,104  
2029 2,104  
2030 2,104  
Thereafter 10,469  
Total $ 20,989 $ 20,077
v3.25.4
Accrued Liabilities (Schedule of accrued liabilities) (Details) - USD ($)
$ in Thousands
Jan. 03, 2026
Dec. 28, 2024
Payables and Accruals [Abstract]    
Payroll and benefits $ 13,616 $ 12,935
Accrued interest 183 1,435
Other accruals 2,544 3,506
Accrued liabilities $ 16,343 $ 17,876
v3.25.4
Short-Term and Long-Term Debt (Narrative) (Details) - USD ($)
$ in Millions
12 Months Ended
Jun. 13, 2025
Dec. 08, 2023
Jan. 03, 2026
Short-Term Debt [Member] | Line of credit facility [Member]      
Debt Instrument [Line Items]      
Line of credit facility, maximum borrowing capacity $ 15.0    
Line of credit facility, interest rate description Borrowings under the Line of Credit Facility bear interest at SOFR plus a margin of 1.95%.    
Long-Term Debt [Member]      
Debt Instrument [Line Items]      
Line of credit facility, frequency of payments   The Credit Facilities mature on December 8, 2028. Outstanding borrowings under the Term Loan Credit Facility as at January 3, 2026, are repayable in quarterly principal installments of $3.4 million from the fiscal quarter ending March 31, 2026 to the fiscal quarter ending December 31, 2027, and $4.5 million from the fiscal quarter ending March 31, 2028 to the fiscal quarter ending September 30, 2028, with the remaining principal balance of $121.5 million due on the maturity date.  
Long-Term Debt [Member] | New Credit Agreement [Member]      
Debt Instrument [Line Items]      
Line of credit facility, borrowing capacity, description   (i) a $180.0 million term loan credit facility (the "Term Loan Credit Facility") and (ii) an $85.0 million revolving credit facility (the "Revolving Credit Facility" and together with the Term Loan Credit Facility, the "Credit Facilities").  
Line of credit facility, maximum borrowing capacity   $ 10.0  
Line of credit facility, interest rate description     Borrowings under the Credit Facilities bear interest at a margin over various reference rates, including a base rate (as defined in the Credit Agreement) and SOFR, selected at the option of the Company. The margin for the Credit Facilities is set quarterly based on the consolidated total net leverage ratio for the preceding fiscal quarter and will range from 1.00% to 2.25% with respect to base rate loans and from 2.00% to 3.25% for SOFR loans. For the year ended January 3, 2026, the weighted-average interest rate on outstanding borrowings under the Credit Facilities was 7.25%. In addition, the Company is required to pay an undrawn fee under the Revolving Credit Facility quarterly based on the consolidated total net leverage ratio for the preceding fiscal quarter ranging from 0.20% to 0.40% on the undrawn revolving commitments thereunder. The Company is also required to pay customary letter of credit fees, to the extent letters of credit are issued and outstanding under the Revolving Credit Facility.
Long-Term Debt [Member] | Letter of Credit [Member]      
Debt Instrument [Line Items]      
Line of credit facility, maximum borrowing capacity   $ 30.0 $ 4.6
Long-Term Debt [Member] | New Credit Facilities [Member]      
Debt Instrument [Line Items]      
Line of credit facility, covenant terms     The Credit Facilities contain a number of covenants that, among other things, restrict, subject to certain exceptions, the Company's ability to: create liens on assets; sell assets and enter into sale and leaseback transactions; pay dividends, prepay contractually subordinated indebtedness and make other restricted payments; incur additional indebtedness and make guarantees; make investments, loans or advances, including acquisitions; engage in certain transactions with affiliates; fundamentally change the character of the Company's business; enter into contractual obligations that restrict the ability of the Company or any Subsidiary Guarantor to grant a lien on its assets in favor of the lenders and other secured creditors under the Credit Facilities; and engage in mergers or consolidations. In addition, the Company is required to (i) maintain a minimum fixed charge coverage ratio of 1.20 to 1.00 as of the end of each quarterly test period and (ii) maintain a maximum consolidated total net leverage ratio of 3.50 to 1.00 for each quarterly test period for the fiscal quarter ending December 31, 2025 and thereafter; provided that, if the Company consummates an acquisition for consideration in excess of $50 million in any quarterly test period, then the maximum consolidated total net leverage ratio may, at the election of the Company (on no more than two occasions), be increased to 4.00 to 1.00 for the end of the four succeeding quarterly test periods.
v3.25.4
Short-Term and Long-Term Debt (Schedule of line of credit facilities) (Details) - USD ($)
$ in Thousands
Jan. 03, 2026
Dec. 28, 2024
Short-Term Debt    
Line of credit facility $ 0 $ 0
Long-Term Debt    
Less: Unamortized debt issuance costs (685) (917)
Total credit facilities 206,243 206,270
Finance lease liabilities 44,476 58,921
Total debt 250,719 265,191
Less: current portion 33,198 29,393
Total long-term debt 217,521 235,798
Term loan facilities [Member]    
Long-Term Debt    
Total credit facilities 162,000 173,250
Revolving credit facilities [Member]    
Long-Term Debt    
Total credit facilities $ 44,928 $ 33,937
v3.25.4
Short-Term and Long-Term Debt (Schedule of maturities of long-term debt) (Details) - USD ($)
$ in Thousands
Jan. 03, 2026
Dec. 28, 2024
Debt Disclosure [Abstract]    
2026 $ 35,001  
2027 27,236  
2028 190,535  
2029 4,187  
2030 1,009  
Total gross maturities 257,968  
Less: imputed interest on finance lease liabilities (6,564)  
Less: debt issuance costs (685) $ (917)
Total debt $ 250,719 $ 265,191
v3.25.4
Series B-1 Preferred Stock (Narrative) (Details)
$ / shares in Units, $ in Millions
12 Months Ended
Jan. 03, 2026
USD ($)
$ / shares
shares
Series B-1 Preferred Stock [Member] | Oaktree and Engaged [Member]  
Temporary Equity [Line Items]  
Preferred stock, shares issued | shares 15,000
Preferred stock, liquidation preference, value | $ $ 15.2
Preferred stock, liquidation preference per share | $ / shares $ 1,015
Preferred stock, dividend payment terms On April 17, 2024, the Company, SunOpta Foods and Oaktree entered into an Amending Agreement related to the elimination of the dividend rights attached to the Series B-1 Preferred Stock effective from and after December 31, 2023. The Series B-1 Preferred Stock previously paid a cumulative dividend of 8.0% per year that could be paid in-kind or in cash at the Company's option.
Series B-1 Preferred Stock [Member] | Oaktree [Member]  
Temporary Equity [Line Items]  
Preferred stock, convertible, terms At any time, Oaktree may exchange the Series B-1 Preferred Stock, in whole or in part, into the number of common shares of the Company equal to, per share of Series B-1 Preferred Stock, the quotient of the liquidation preference divided by the exchange price of $2.50, which equated to 6,089,333 equivalent common shares as at January 3, 2026. At any time, SunOpta Foods may cause Oaktree to exchange all of their shares of Series B-1 Preferred Stock if the volume-weighted average price of the common shares during the then preceding 20 trading day period is greater than 200% of the exchange price then in effect.
Preferred stock, redemption terms In addition, SunOpta Foods may redeem all of the Series B-1 Preferred Stock at any time for an amount per share equal to the value of the liquidation preference at such time.
Preferred stock, conversion price | $ / shares $ 2.5
Preferred stock, convertible shares issuable | shares 6,089,333
Special Shares, Series 2 [Member] | Oaktree [Member]  
Temporary Equity [Line Items]  
Preferred stock, shares issued | shares 2,932,453
Special Shares, Series 2, par value | $ / shares $ 0.00001
Limit of voting rights 19.99%
v3.25.4
Common Shares (Narrative) (Details) - Share Repurchase Program [Member] - USD ($)
$ / shares in Units, $ in Millions
12 Months Ended
Jan. 03, 2026
May 07, 2025
Share Repurchase Program [Line Items]    
Shares repurchased for cancellation 163,227  
Share repurchase at an average price per share $ 6.04  
Shares repurchased and cancellation, value $ 1.0  
Share repurchase program, remaining amount authorized 24.0  
Maximum [Member]    
Share Repurchase Program [Line Items]    
Share repurchase authorized   $ 25.0
Accumulated deficit [Member]    
Share Repurchase Program [Line Items]    
Shares repurchased and cancellation, value $ 0.3  
v3.25.4
Stock-Based Compensation (Narrative) (Details) - USD ($)
$ / shares in Units, $ in Thousands
12 Months Ended
Mar. 13, 2024
Jan. 02, 2024
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]          
Stock-based compensation     $ 7,400 $ 11,200 $ 12,400
Intrinsic value of stock options exercised     600    
Employee stock purchase plan     $ 498 $ 449 $ 583
2013 Plan [Member]          
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]          
Number of securities remained available for issuance under the Plan     1,895,341    
Stock Options [Member]          
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]          
Stock options granted     594,277    
Weighted-average grant-date fair values (options)     $ 2.39 $ 3.85 $ 3.87
Compensation costs related to stock options not yet recognized     $ 1,600    
Vesting period     1 year 9 months 18 days    
Stock Options [Member] | CEO [Member]          
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]          
Stock options granted   230,804      
Restricted Stock Units ("RSUs") [Member]          
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]          
Number of units granted     701,714    
Percentage of vesting awards     100.00%    
Weighted-average grant-date fair values (units)     $ 4.93 6.17 5.88
Intrinsic value of units vested     $ 2,700    
Compensation expense not yet recognized     $ 3,200    
Vesting period     1 year 8 months 12 days    
Restricted Stock Units ("RSUs") [Member] | CEO [Member]          
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]          
Number of units granted 74,000 144,404      
Performance Share Units ("PSUs") [Member]          
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]          
Number of units granted     1,145,107    
Weighted-average grant-date fair values (units)     $ 4.61 6.49 6.96
Intrinsic value of units vested     $ 2,200    
Compensation expense not yet recognized     $ 2,400    
Vesting period     1 year 8 months 12 days    
Performance Share Units ("PSUs") [Member] | Minimum [Member]          
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]          
Percentage of vesting awards     0.00%    
Performance Share Units ("PSUs") [Member] | Maximum [Member]          
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]          
Percentage of vesting awards     200.00%    
Performance Share Units ("PSUs") [Member] | CEO [Member]          
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]          
Number of units granted   288,808      
Total Shareholder Return Performance Share Units [Member]          
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]          
Weighted-average grant-date fair values (units)       $ 7.73 $ 7
Intrinsic value of units vested     $ 1,400    
Compensation expense not yet recognized     $ 900    
Vesting period     1 year 2 months 12 days    
Employee Stock Purchase Plan [Member]          
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]          
Employee stock purchase plan (in shares)     85,431 84,194 120,666
Employee stock purchase plan     $ 500 $ 400 $ 600
Common Shares remained available to be granted     255,941    
v3.25.4
Stock-Based Compensation (Schedule of stock option activity) (Details)
$ / shares in Units, $ in Thousands
12 Months Ended
Jan. 03, 2026
USD ($)
$ / shares
shares
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Stock options Outstanding, Exercisable, end of year | shares 552,225
Stock options Exercisable, Weighted-average exercise price end of year | $ / shares $ 6.54
Stock Options [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Stock options, Outstanding, beginning of year | shares 3,321,778
Stock options, Granted | shares 594,277
Stock options, Exercised | shares (434,403)
Stock options, Forfeited | shares (180,231)
Stock options, Expired | shares (1,991,005)
Stock options Outstanding, Outstanding, end of year | shares 1,310,416
Stock options Outstanding, Exercisable, end of year | shares 552,225
Stock options Outstanding, Weighted- average exercise price beginning of year | $ / shares $ 5.56
Stock options, Granted, Weighted- average exercise price | $ / shares 3.92
Stock options, Exercised, Weighted- average exercise price | $ / shares 3.62
Stock options, Forfeited, Weighted- average exercise price | $ / shares 5.7
Stock options, Expired, Weighted- average exercise price | $ / shares 5.6
Stock options Outstanding, Weighted-average exercise price end of year | $ / shares 5.39
Stock options Exercisable, Weighted-average exercise price end of year | $ / shares $ 6.54
Stock options, Outstanding, Weighted- average remaining contractual term (years) 7 years 8 months 12 days
Stock options, Exercisable, Weighted- average remaining contractual term (years) 6 years
Stock options, Outstanding, Aggregate intrinsic value | $ $ 6
Stock options, Exercisable, Aggregate intrinsic value | $ $ 6
v3.25.4
Stock-Based Compensation (Schedule of non-vested stock option activity) (Details) - Stock Options [Member] - $ / shares
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Number of Shares [Roll Forward]      
Non-vested, beginning of year 643,214    
Number of options granted 594,277    
Vested (299,069)    
Forfeited (180,231)    
Non-vested, end of year 758,191 643,214  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]      
Non-vested, beginning of year $ 3.77    
Granted 2.39 $ 3.85 $ 3.87
Vested 3.67    
Forfeited 3.48    
Non-vested, end of year $ 2.8 $ 3.77  
v3.25.4
Stock-Based Compensation (Schedule of weighted-average assumptions to determine fair value of stock options granted) (Details) - Stock Options [Member] - $ / shares
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]      
Grant-date stock price $ 3.92 $ 6.1 $ 6.29
Dividend yield 0.00% 0.00% 0.00%
Expected volatility 62.20% 65.70% 63.50%
Risk-free interest rate 4.20% 4.30% 4.10%
Expected life of options (years) 6 years 6 years 6 years
v3.25.4
Stock-Based Compensation (Schedule of stock options outstanding and exercisable) (Details)
12 Months Ended
Jan. 03, 2026
$ / shares
shares
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Outstanding options | shares 1,310,416
Weighted- average remaining contractual life (years) 7 years 8 months 12 days
Weighted-average exercise price $ 5.39
Exercisable options | shares 552,225
Weighted- average exercise price $ 6.54
Exercise Price Range 1 [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Exercise price range Low 3.25
Exercise price range High $ 3.6
Outstanding options | shares 13,160
Weighted- average remaining contractual life (years) 3 years 10 months 24 days
Weighted-average exercise price $ 3.25
Exercisable options | shares 13,160
Weighted- average exercise price $ 3.25
Exercise Price Range 2 [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Exercise price range Low 3.61
Exercise price range High $ 4.33
Outstanding options | shares 546,047
Weighted- average remaining contractual life (years) 9 years 3 months 18 days
Weighted-average exercise price $ 3.92
Exercisable options | shares 0
Weighted- average exercise price $ 3.92
Exercise Price Range 3 [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Exercise price range Low 4.34
Exercise price range High $ 5.73
Outstanding options | shares 274,995
Weighted- average remaining contractual life (years) 7 years 4 months 24 days
Weighted-average exercise price $ 5.41
Exercisable options | shares 198,060
Weighted- average exercise price $ 5.36
Exercise Price Range 4 [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Exercise price range Low 5.74
Exercise price range High $ 6.45
Outstanding options | shares 214,734
Weighted- average remaining contractual life (years) 6 years 9 months 18 days
Weighted-average exercise price $ 6.12
Exercisable options | shares 179,440
Weighted- average exercise price $ 6.07
Exercise Price Range 5 [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Exercise price range Low 6.46
Exercise price range High $ 14.77
Outstanding options | shares 261,480
Weighted- average remaining contractual life (years) 5 years 7 months 6 days
Weighted-average exercise price $ 7.94
Exercisable options | shares 161,565
Weighted- average exercise price $ 8.77
v3.25.4
Stock-Based Compensation (Schedule of non-vested RSU activity) (Details) - Restricted Stock Units (RSUs) [Member] - $ / shares
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]      
Non-vested, beginning of year 788,064    
Granted 701,714    
Vested (470,378)    
Forfeited (127,240)    
Non-vested, end of year 892,160 788,064  
Vested and deferred 34,830    
Outstanding, end of year 926,990    
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]      
Non-vested, beginning of year $ 6.08    
Granted 4.93 $ 6.17 $ 5.88
Vested 5.99    
Forfeited 5.85    
Non-vested, end of year 5.26 $ 6.08  
Vested and deferred 5.74    
Outstanding, end of year $ 5.27    
v3.25.4
Stock-Based Compensation (Schedule of non-vested PSU activity) (Details) - PSUs [Member] - $ / shares
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]      
Non-vested, beginning of year 791,041    
Granted 1,145,107    
Vested (536,633)    
Cancelled or forfeited (191,286)    
Non-vested, end of year 1,208,229 791,041  
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]      
Non-vested, beginning of year $ 6.51    
Granted 4.61 $ 6.49 $ 6.96
Vested 6.46    
Cancelled or forfeited 5.7    
Non-vested, end of year $ 4.85 $ 6.51  
v3.25.4
Stock-Based Compensation (Schedule of TSR PSUs using a Monte Carlo valuation model (Details) - Monte Carlo valuation model [Member] - $ / shares
12 Months Ended
Dec. 28, 2024
Dec. 30, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]    
Grant-date stock price $ 5.54 $ 6.35
Dividend yield 0.00% 0.00%
Expected volatility 58.40% 55.50%
Risk-free interest rate 4.10% 4.70%
Expected life (in years) 3 years 2 years 6 months
v3.25.4
Stock-Based Compensation (Schedule of non-vested TSR PSU activity (Details) - Total Shareholder Return Performance Share Units [Member]
12 Months Ended
Jan. 03, 2026
$ / shares
shares
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]  
Non-vested, beginning of year | shares 753,839
Vested | shares (153,428)
Forfeited | shares (177,773)
Non-vested, end of year | shares 422,638
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]  
Non-vested, beginning of year | $ / shares $ 7.82
Vested | $ / shares 8.48
Forfeited | $ / shares 8.03
Non-vested, end of year | $ / shares $ 7.5
v3.25.4
Income Taxes (Narrative) (Details) - USD ($)
$ in Millions
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Income Tax Disclosure [Abstract]      
Income tax refunds received $ 3.1    
Total income taxes paid   $ 0.4 $ 0.6
v3.25.4
Income Taxes (Schedule of components of earnings (loss) before income taxes) (Details) - USD ($)
$ in Thousands
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Income Tax Disclosure [Line Items]      
Earnings (loss) from continuing operations before income taxes $ 16,459 $ (10,004) $ (21,912)
Canada [Member]      
Income Tax Disclosure [Line Items]      
Earnings (loss) from continuing operations before income taxes (3,878) (10,470) (12,709)
U.S. [Member]      
Income Tax Disclosure [Line Items]      
Earnings (loss) from continuing operations before income taxes 20,616 1,011 (9,203)
Mexico [Member]      
Income Tax Disclosure [Line Items]      
Earnings (loss) from continuing operations before income taxes $ (279) $ (545) $ 0
v3.25.4
Income Taxes (Schedule of components of income tax expense (benefit)) (Details) - USD ($)
$ in Thousands
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Income Tax Disclosure [Line Items]      
Current income tax expense (benefit) $ 768 $ 1,650 $ (709)
Deferred income tax expense (benefit) (77) (180) 3,978
Income tax expense 691 1,470 3,269
Canada [Member]      
Income Tax Disclosure [Line Items]      
Current income tax expense (benefit) - Federal 28 64 (32)
Current income tax expense (benefit) - Provincial 22 49 0
Deferred income tax expense (benefit) - Federal (154) 0 0
Deferred income tax expense (benefit) - Provincial 77 0 0
Income tax expense   1,470 3,269
U.S. [Member]      
Income Tax Disclosure [Line Items]      
Current income tax expense (benefit) 165 213 (677)
Deferred income tax expense (benefit) 0 0 3,978
Mexico [Member]      
Income Tax Disclosure [Line Items]      
Current income tax expense (benefit) 553 1,324 0
Deferred income tax expense (benefit) $ 0 $ (180) $ 0
v3.25.4
Income Taxes (Schedule of reconciliation of effective tax rate) (Details) - USD ($)
$ in Thousands
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Amount      
Effect of cross-border tax laws: Foreign accrual property income $ 84    
Change in valuation allowance (858)    
Nondeductible items: Stock-based compensation 1,107    
Nondeductible items: Intercompany loan restructuring 226    
Other adjustments 12    
Effective tax rate $ 691 $ 1,470 $ 3,269
Rate      
Effect of cross-border tax laws: Foreign accrual property income 0.50%    
Change in valuation allowance (5.20%)    
Nondeductible items: Stock-based compensation 6.70%    
Nondeductible items: Intercompany loan restructuring 1.40%    
Other adjustments 0.10%    
Effective tax rate 4.20%    
Canada [Member]      
Amount      
Canadian federal statutory tax rate $ 2,469 (2,651) (5,807)
Foreign tax rate differential   (29) 107
Statutory provincial income taxes (446)    
Effect of cross-border tax laws: Foreign accrual property income 65    
Change in enacted tax rates   6 90
Change in valuation allowance (658) 2,534 6,607
Disallowed executive compensation   140 2,372
Nondeductible items: Stock-based compensation 849 1,392 (607)
Nondeductible items: Intercompany loan restructuring $ 174    
Other adjustments   78 507
Effective tax rate   $ 1,470 $ 3,269
Rate      
Canadian federal statutory tax rate 15.00% 26.50% 26.50%
Foreign tax rate differential   0.30% (0.50%)
Statutory provincial income taxes (2.70%)    
Effect of cross-border tax laws: Foreign accrual property income 0.40%    
Change in enacted tax rates   (0.10%) (0.40%)
Change in valuation allowance (4.00%) (25.30%) (30.20%)
Disallowed executive compensation   (1.40%) (10.80%)
Nondeductible items: Stock-based compensation 5.20% (13.90%) 2.80%
Nondeductible items: Intercompany loan restructuring 1.10%    
Other adjustments   (0.80%) (2.30%)
Effective tax rate   (14.70%) (14.90%)
U.S. [Member]      
Amount      
Foreign tax rate differential $ 1,237    
Statutory provincial income taxes 989    
Change in enacted tax rates 30    
Change in valuation allowance (4,283)    
Nondeductible items: Stock-based compensation (1,502)    
Nondeductible items: Disallowed executive compensation 501    
Other adjustments $ 101    
Rate      
Foreign tax rate differential 7.50%    
Statutory provincial income taxes 6.00%    
Change in enacted tax rates 0.20%    
Change in valuation allowance (26.00%)    
Nondeductible items: Stock-based compensation (9.10%)    
Nondeductible items: Disallowed executive compensation 3.00%    
Other adjustments 0.60%    
Mexico [Member]      
Amount      
Foreign tax rate differential $ (42)    
Effect of cross-border tax laws: Withholding tax 173    
Change in valuation allowance (232)    
Nondeductible items: Intercompany loan restructuring 508    
Other adjustments $ 187    
Rate      
Foreign tax rate differential (0.30%)    
Effect of cross-border tax laws: Withholding tax 1.10%    
Change in valuation allowance (1.40%)    
Nondeductible items: Intercompany loan restructuring 3.10%    
Other adjustments 1.10%    
v3.25.4
Income Taxes (Schedule of deferred tax assets and liabilities) (Details) - USD ($)
$ in Thousands
Jan. 03, 2026
Dec. 28, 2024
Income Tax Disclosure [Abstract]    
Loss and credit carryovers $ 57,191 $ 52,021
Lease liabilities 30,516 29,771
Interest expense limitation 17,398 19,970
Stock-based compensation 985 1,431
Inventory basis differences 895 1,351
Property, plant and equipment and intangible assets (32,251) (24,892)
Right-of-use lease assets (29,158) (28,374)
Other 5,125 5,945
Gross deferred income tax liability 50,701 57,223
Less: valuation allowance 50,949 57,548
Deferred income tax liability $ (248) $ (325)
v3.25.4
Income Taxes (Schedule of net operating losses, tax credits and capital losses recorded deferred tax assets) (Details) - USD ($)
$ in Thousands
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Operating Loss Carryforwards [Line Items]    
Total $ 57,191 $ 52,021
Gross Tax Attributes [Member]    
Operating Loss Carryforwards [Line Items]    
Net operating losses - Canada 136  
Net operating losses - U.S. Federal 192,889  
Net operating losses - U.S. State 201,556  
Net operating losses - Other 3,833  
Federal credits - Canada 0  
Federal credits - U.S. 0  
State credits - U.S. 0  
Federal capital loss - Canada 27,838  
Net Tax Attributes [Member]    
Operating Loss Carryforwards [Line Items]    
Net operating losses - Canada 36  
Net operating losses - U.S. Federal 40,507  
Net operating losses - U.S. State 8,324  
Net operating losses - Other 1,150  
Federal credits - Canada 186  
Federal credits - U.S. 3,267  
State credits - U.S. 32  
Federal capital loss - Canada 3,689  
Total $ 57,191  
Expiration Years [Member]    
Operating Loss Carryforwards [Line Items]    
Net operating losses - Canada 2043  
Net operating losses - U.S. Federal 2037 and indefinite  
Net operating losses - U.S. State 2027-2044 and indefinite  
Net operating losses - Other 2028  
Federal credits - Canada 2026-2027  
Federal credits - U.S. 2031-2045  
State credits - U.S. 2026  
Federal capital loss - Canada N/A  
v3.25.4
Earnings (Loss) Per Share (Narrative) (Details) - shares
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]      
Antidilutive securities excluded from computation of earnings per share, amount   1,026,759 1,273,093
Series B-1 preferred stock [Member]      
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]      
Common shares issuable on an if-converted basis adjusted to diluted EPS 6,089,333    
Stock options and RSUs [Member]      
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]      
Antidilutive securities excluded from computation of earnings per share, amount 1,275,099 1,238,722 2,192,677
v3.25.4
Earnings (Loss) Per Share (Schedule of basic and diluted earnings (loss) per share) (Details) - USD ($)
$ / shares in Units, $ in Thousands
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Basic Earnings (Loss) Per Share      
Earnings (loss) from continuing operations $ 15,768 $ (11,474) $ (25,181)
Less: dividends and accretion on preferred stock (175) (539) (1,981)
Earnings (loss) from continuing operations attributable to common shareholders 15,593 (12,013) (27,162)
Loss from discontinued operations 0 (5,919) (153,608)
Earnings (loss) attributable to common shareholders $ 15,593 $ (17,932) $ (180,770)
Basic weighted-average number of shares outstanding 117,965 116,617 114,226
Earnings (loss) from continuing operations attributable to common shareholders $ 0.13 $ (0.1) $ (0.24)
Loss from discontinued operations 0 (0.05) (1.34)
Earnings (loss) attributable to common shareholders $ 0.13 $ (0.15) $ (1.58)
Diluted Earnings (Loss) Per Share      
Earnings (loss) from continuing operations $ 15,768 $ (11,474) $ (25,181)
Less: dividends and accretion on preferred stock 0 (539) (1,981)
Earnings (loss) from continuing operations attributable to common shareholders 15,768 (12,013) (27,162)
Loss from discontinued operations 0 (5,919) (153,608)
Earnings (loss) attributable to common shareholders $ 15,768 $ (17,932) $ (180,770)
Basic weighted-average number of shares outstanding 117,965 116,617 114,226
Diluted weighted-average number of shares outstanding 124,779 116,617 114,226
Earnings (loss) from continuing operations attributable to common shareholders $ 0.13 $ (0.1) $ (0.24)
Loss from discontinued operations 0 (0.05) (1.34)
Earnings (loss) attributable to common shareholders $ 0.13 $ (0.15) $ (1.58)
Stock options, RSUs and PSUs [Member]      
Diluted Earnings (Loss) Per Share      
Diluted weighted-average number of shares outstanding 725 0 0
Series B-1 Preferred Stock [Member]      
Diluted Earnings (Loss) Per Share      
Diluted weighted-average number of shares outstanding 6,089 0 0
v3.25.4
Supplemental Cash Flow Information (Schedule of cash flow supplemental disclosures) (Details) - USD ($)
$ in Thousands
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Changes in Operating Assets and Liabilities, Net of Divestitures      
Accounts receivable $ (29,282) $ 19,482 $ (2,195)
Inventories (14,173) (8,421) (10,631)
Accounts payable 24,580 10,901 1,054
Other operating assets and liabilities 2,290 (4,251) (10,610)
Changes in operating assets and liabilities, net of divestitures (16,585) 17,711 (22,382)
Cash paid for interest 24,332 23,927 24,032
Non-Cash Investing and Financing Activities      
Change in additions to property, plant and equipment included in accounts payable 1,053 2,885 (436)
Change in accrued dividends on preferred stock 0 (304) (305)
Short-term note receivable on divestiture of Frozen Fruit 0 0 (6,300)
Seller Promissory Notes on divestiture of Frozen Fruit $ 0 $ 0 $ (20,000)
v3.25.4
Commitments and Contingencies (Narrative) (Details) - USD ($)
$ in Millions
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Commitments and Contingencies [Line Items]    
Accrued duties and interest $ 5.2 $ 7.4
Direct costs related to product withdrawal   2.1
Insurance proceeds 3.0  
Estimated insurance recoveries $ 4.7 $ 7.6
v3.25.4
Segment Information (Narrative) (Details)
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Customer Concentration Risk [Member] | Revenue Benchmark [Member] | One customer [Member]      
Segment Reporting Information [Line Items]      
Percentage of consolidated revenues from major customer 32.00% 32.00% 35.00%
v3.25.4
Segment Information (Schedule of revenue disaggregated by product category) (Details) - USD ($)
$ in Thousands
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Segment Reporting Information [Line Items]      
Total revenues $ 817,715 $ 723,728 $ 626,730
Beverages and broths [Member]      
Segment Reporting Information [Line Items]      
Total revenues 650,029 577,069 499,226
Fruit snacks [Member]      
Segment Reporting Information [Line Items]      
Total revenues 153,828 127,328 98,186
Ingredients [Member]      
Segment Reporting Information [Line Items]      
Total revenues 13,858 17,025 17,032
Smoothie bowls [Member]      
Segment Reporting Information [Line Items]      
Total revenues $ 0 $ 2,306 $ 12,286
v3.25.4
Segment Information (Schedule of expenses provided to CODM) (Details) - USD ($)
$ in Thousands
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Segment Reporting Information [Line Items]      
Intangible asset amortization expense $ 2,024 $ 1,784 $ 1,784
Total depreciation and amortization 39,534 36,497 31,039
Stock-based compensation expense included in selling, general and administrative expenses 7,381 11,190 12,432
Amortization of debt issuance costs 1,128 914 1,398
Loss on extinguishment of debt 0 0 1,584
Interest expense, net 21,078 24,908 26,909
Chief Operating Decision Maker [Member]      
Segment Reporting Information [Line Items]      
Depreciation expense included in cost of goods sold 32,106 29,719 24,225
Depreciation expense included in selling, general and administrative expenses 5,404 4,994 5,030
Intangible asset amortization expense 2,024 1,784 1,784
Total depreciation and amortization 39,534 36,497 31,039
Stock-based compensation expense included in selling, general and administrative expenses 7,381 11,190 12,432
Interest expense, net of capitalized interest 23,080 26,307 24,422
Amortization of debt issuance costs 1,128 914 1,398
Loss on extinguishment of debt 0 0 1,584
Interest income (3,130) (2,313) (495)
Interest expense, net $ 21,078 $ 24,908 $ 26,909
v3.25.4
Segment Information (Schedule of revenues from external customers) (Details) - USD ($)
$ in Thousands
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Segment Reporting Information [Line Items]      
Total revenues $ 817,715 $ 723,728 $ 626,730
U.S. [Member]      
Segment Reporting Information [Line Items]      
Total revenues 797,628 710,191 611,566
Canada [Member]      
Segment Reporting Information [Line Items]      
Total revenues 19,678 11,359 11,740
Other [Member]      
Segment Reporting Information [Line Items]      
Total revenues $ 409 $ 2,178 $ 3,424
v3.25.4
Segment Information (Schedule of long-lived assets) (Details) - USD ($)
$ in Thousands
Jan. 03, 2026
Dec. 28, 2024
Segment Reporting Information [Line Items]    
Total long-lived assets $ 444,948 $ 449,310
U.S. [Member]    
Segment Reporting Information [Line Items]    
Total long-lived assets 439,365 446,525
Canada [Member]    
Segment Reporting Information [Line Items]    
Total long-lived assets $ 5,583 $ 2,785
v3.25.4
Subsequent Event (Narrative) (Details)
Jan. 06, 2026
$ / shares
Subsequent Event [Member] | Refresco Arrangement Agreement [Member]  
Subsequent Event [Line Items]  
Cash consideration per share $ 6.5