Fair Value Measurements (Tables)

6 Months Ended

Jul. 02, 2016

Fair Value Disclosures [Abstract]

Schedule Of Fair Value Assumptions And Methodology

The following table sets forth the Level 3 inputs to the binomial lattice model that were used to determine the fair value of the Note and the Holder Redemption Option:

	July 2, 2016			January 2, 2016
Common stock price	$	1.08		$	2.22
Dividend yield	—		%	—		%
Expected term	0.3 years			0.75 years
Risk-free interest rate	0.7		%	1.3		%
Estimated stock volatility	58.7		%	45.0		%

Fair Value, Liabilities Measured on Recurring Basis

As of July 2, 2016 and January 2, 2016, liabilities recorded at fair value on a recurring basis consist of the following (in thousands):

	Total		Quoted prices in active markets Level 1		Significant other observable inputs Level 2		Significant other unobservable inputs Level 3
July 2, 2016:
Holder Redemption Option	$	1,001	$	—	$	—	$	1,001
Earn-Out Liability	$	1,875	$	—	$	—	$	1,875
January 2, 2016:
Holder Redemption Option	$	952	$	—	$	—	$	952
Earn-Out Liability	$	2,176	$	—	$	—	$	2,176

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation

The following table summarizes the year-to-date changes to the fair value of the Holder Redemption Option and Earn-Out liability, which are Level 3 liabilities (in thousands):

	Holder Redemption Option		Earn-Out Liability
Fair value at January 2, 2016	$	952	$	2,176
Increase (decrease) in fair value	49		(301		)
Fair value at July 2, 2016	$	1,001	$	1,875