Stockholders' Equity (Tables)

3 Months Ended

Mar. 02, 2013

Stockholders' Equity

Schedule of basic and diluted per share results

	For the 13 Weeks Ended,
	March 2, 2013		March 3, 2012
Income (loss) as reported from continuing operations for computation of basic and diluted per share results, net of tax	$	1,310	$	(1,125	)
Income as reported from discontinued operation for computation of basic and diluted per share results, net of tax	—		1,647
Net income	$	1,310	$	522
Weighted average shares outstanding for computation of basic per share results	5,140,000		5,134,000
Incremental shares from assumed exercise of Griffin stock options (a)	4,000		—
Adjusted weighted average shares for computation of diluted per share results	5,144,000		5,134,000

(a) Incremental shares from the assumed exercise of Griffin stock options are not included in periods where the inclusion of such shares would be anti-dilutive. Such assessment is based on income (loss) from continuing operations when net income includes discontinued operations. The incremental shares from the assumed exercise of stock options in the thirteen weeks ended March 3, 2012 would have been 5,000.

Summary of activity under the Griffin Stock Option Plan of the vested stock options

	For the 13 Weeks Ended,
	March 2, 2013			March 3, 2012
Vested Options	Number of Shares	Weighted Avg. Exercise Price		Number of Shares	Weighted Avg. Exercise Price
Outstanding at beginning of period	80,451	$	29.95	54,075	$	27.08
Vested during the period	28,335	$	33.36	28,333	$	33.36
Outstanding at end of period	108,786	$	30.84	82,408	$	29.24

Schedule of vested options by range of exercise prices

Range of Exercise Prices for Vested Options	Outstanding at March 2, 2013	Weighted Avg. Exercise Price		Weighted Avg. Remaining Contractual Life (in years)	Total Intrinsic Value
$11.00-$12.00	6,776	$	11.81	0.2	$	119
$23.00-$32.00	28,934	$	28.38	4.3	43
$32.00-$39.00	73,076	$	33.58	5.9	—
	108,786	$	30.84	5.1	$	162

Summary of activity under the Griffin Stock Option Plan of the nonvested stock options

	For the 13 Weeks Ended,
	March 2, 2013				March 3, 2012
Nonvested Options	Number of Shares		Weighted Avg. Exercise Price		Number of Shares		Weighted Avg. Exercise Price
Nonvested at beginning of period	163,390		$	29.84	190,443		$	30.56
Vested during the period	(28,335	)	$	33.36	(28,333	)	$	33.36
Nonvested at end of period	135,055		$	29.10	162,110		$	30.07

Schedule of nonvested options by range of exercise prices

Range of Exercise Prices for Nonvested Options	Outstanding at March 2, 2013	Weighted Avg. Exercise Price		Weighted Avg. Remaining Contractual Life (in years)	Total Intrinsic Value
$23.00-$29.00	115,056	$	28.41	8.0	$	107
$33.00-$35.00	19,999	$	33.07	5.9	—
	135,055	$	29.10	7.7	$	107

Schedule of option holders

Number of option holders at March 2, 2013 18

Schedule of compensation expense and related tax benefits for stock options

	For the 13 Weeks Ended,
	March 2, 2013		March 3, 2012
Compensation expense	$	115	$	138
Related tax benefit	$	29	$	35

Schedule of unrecognized compensation expense related to nonvested stock options that will be recognized during future periods

Balance of Fiscal 2013	$	289
Fiscal 2014	$	213
Fiscal 2015	$	90
Fiscal 2016	$	12

Schedule of components of accumulated other comprehensive loss

	Unrealized gain			Unrealized gain			Actuarial gain
	(loss) on cash			(loss) on investment			on postretirement
	flow hedges			in Centaur Media			benefit plan		Total
Balance December 1, 2012	$	(2,011	)	$	1,054		$	236	$	(721	)
Before reclassfication	83			(39		)	—		44
Amount reclassified	110			(332		)	—		(222		)
Net current period activity for other comprehensive loss	193			(371		)	—		(178		)
Balance March 2, 2013	$	(1,818	)	$	683		$	236	$	(899	)

Schedule of changes in accumulated other comprehensive income

	For the 13 Weeks Ended,
	March 2, 2013									March 3, 2012
	Pre-Tax			Tax (Expense) Benefit			Net-of-Tax			Pre-Tax			Tax (Expense) Benefit			Net-of-Tax
Reclassifications included in net income:
Realized gain on sale of Centaur Media (gain on sale)	$	(509	)	$	177		$	(332	)	$	—		$	—		$	—
Loss on cash flow hedges (interest expense)	175			(65		)	110			166			(61		)	105
Total reclassifications included in net income	(334		)	112			(222		)	166			(61		)	105
Mark to market adjustment on Centaur Media for the (decrease) increase in exchange gain	(243		)	85			(158		)	51			(18		)	33
Mark to market adjustment on Centaur Media for the increase in fair value	184			(65		)	119			463			(162		)	301
Increase (decrease) in fair value adjustment on Griffin’s cash flow hedges	131			(48		)	83			(406		)	150			(256		)
Other comprehensive income (loss)	$	(262	)	$	84		$	(178	)	$	274		$	(91	)	$	183