Stock-Based Employee Compensation (Tables)

12 Months Ended

Dec. 30, 2013

Stock-Based Employee Compensation [Abstract]

Summary of stock-based compensation

A summary of stock-based compensation follows:

	Fiscal Year
	2013		2012		2011
	(in thousands)
Stock option compensation expense	$	7	$	-	$	-
Restricted stock compensation expense, net of forfeitures		121		399		371
Total non-cash, stock-based compensation expense,net of forfeitures	$	128	$	399	$	371

Summary of option activity

A summary of option activity for fiscal years 2013, 2012, and 2011 follows:

						Weighted
				Weighted		Average		Aggregate
	Number of			Average Exercise		Remaining		Intrinsic
	Options			Price		Contractual Term		Value
						(in years)		(in thousands)
Outstanding as of December 27, 2010		135,744		$	38.80		1.6	$	-
Granted		-			-
Exercised		-			-
Cancelled/Expired		(94,674	)	$	46.96				-
Outstanding as of January 2, 2012		41,071		$	20.00		2.5	$	-
Granted		-			-
Exercised		-			-
Cancelled/Expired		(2,518	)	$	13.88				-
Outstanding as of December 31, 2012		38,552		$	20.40		1.7	$	-
Granted		25,000			2.80
Exercised		-			-
Cancelled/Expired		(10,038	)	$	21.02				-
Outstanding as of December 30, 2013		53,514		$	12.05		3.9	$	-
Exercisable as of December 30, 2013		53,514		$	12.05		3.9	$	-

Schedule of stock option exercisable

The following table summarizes information about stock options outstanding at December 30, 2013:

		Options Outstanding						Options Exercisable
				Weighted
				Average		Weighted				Weighted
		Number of		Remaining		Average		Number of		Average
		Options		Contractual		Exercise		Options		Exercise
Range of Exercise Prices		Outstanding		Life in Years		Price		Exercisable		Price
$	2.80 - $10.80		25,000		7.5	$	2.80		5,000	$	2.80
$	10.81 - $18.92		16,245		0.6		18.80		16,245		18.80
$	18.93 - $20.72		1,207		0.7		20.50		1,207		20.50
$	20.73 - $20.98		6,697		0.8		20.80		6,697		20.80
$	20.99 - $27.76		4,365		1.0		24.20		4,365		24.20
			53,514		3.9	$	12.05		33,514	$	17.57

Summary of the Company's restricted stock activity

The following tables summarize the Company’s restricted stock activity:

	Number of Shares of Restricted Stock			Weighted Average Grant-Date Fair Value
Non-vested at December 27, 2010		51,263		$	5.08
Granted		331,719			3.20
Vested		50,281			4.96
Forfeited / Canceled		(10,600	)		7.56
Non-vested at Janaury 2, 2012		322,100		$	3.08
Granted		43,103			3.48
Vested		80,340			3.56
Forfeited / Canceled		(13,463	)		4.68
Non-vested at December 31, 2012		271,400		$	2.96
Granted		85,512			2.91
Vested		88,862			3.00
Forfeited / Canceled		(256,725	)		2.88
Non-vested at December 30, 2013		11,325		$	4.08

Summary of restricted stock unit activity

	Number of Restricted Stock Units			Weighted Average Grant-Date Fair Value
Non-vested at December 27, 2010		215,000		$	1.51
Granted		100,000			1.45
Vested		115,000			2.12
Forfeited		(200,000	)		1.13
Non-vested at January 2, 2012		-		$	-
Granted		-			-
Vested		-			-
Forfeited		-			-
Non-vested at December 31, 2012		-		$	-
Granted		-			-
Vested		-			-
Forfeited		-			-
Non-vested at December 30, 2013		-		$	-