Note 4 - Stock-based Compensation

6 Months Ended

Jun. 28, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Disclosure of Compensation Related Costs, Share-based Payments [Text Block]

4. Stock-based Compensation

The following table is a summary of the balances and activity for restricted stock and stock options for the twenty-six weeks ended June 28, 2014:

	Restricted
	Stock		Options
Outstanding, December 28, 2013		720,198		1,065,012
Granted		189,970		96,222
Vested		337,051		—
Exercised		—		307,749
Forfeited		82,291		20,050
Canceled or expired		—		49,296
Outstanding, June 28, 2014		490,826		784,139

For the thirteen and twenty-six weeks ended June 28, 2014, selling, general and administrative expense includes $0.6 million and $1.2 million, respectively, of stock-based compensation expense. For the thirteen and twenty-six weeks ended June 29, 2013, selling, general and administrative expense includes $0.8 million and $1.6 million, respectively, of stock-based compensation expense. As of June 28, 2014, there was $4.1 million of total unrecognized compensation expense related to nonvested restricted stock and option awards which is expected to be recognized over a weighted-average period of 1.4 years.

The total fair value of shares vested during the twenty-six weeks ended June 28, 2014 and June 29, 2013 was $3.6 million and $2.2 million, respectively.