Stock-Based Compensation (Tables)

3 Months Ended

Mar. 28, 2016

Stock-Based Compensation [Abstract]

Summary of restricted stock awards

The following table summarizes the status of the Company’s non-vested restricted stock awards, (in thousands):

Market-Based Vesting:	For the Three-Month Period Ending
	March 28, 2016					March 30, 2015
	Shares			Weighted Average Grant Date Fair Value		Shares			Weighted Average Grant Date Fair Value
Non-vested at beginning of year		484			1.50		617			1.09
Granted		15			0.54		-
Vested		-					(213	)		-
Forfeited		(3	)				(100	)		-
Non-vested at end of quarter		496			1.32		304			1.32
Service-Based Vesting:
Non-vested at beginning of year		697			1.62		624			1.09
Granted		15			0.54		-
Vested		(200	)				(34	)
Forfeited		(3	)
Non-vested at end of quarter		509			1.62		590			1.62
Board of Directors Vesting:
Granted		-					6
Vested		-					(6	)
Total Awards:
Non-vested at beginning of year		1,181			1.57		1,241			1.09
Granted		30			0.54		6
Vested		(200	)				(253	)
Forfeited		(6	)				(100	)
Non-vested at end of quarter		1,005			1.57		894			1.59

Summary of option activity

Stock Option Activity

	Number of Options			Weighted Average Fair Value		Weighted Average Remaining Contractual Term		Aggregate Intrinsic Value
						(in years)		(in thousands)
Outstanding as of December 28, 2015		6,463			3.62		1.2		-
Granted		-			-
Exercised		-			-
Cancelled/Expired		(213	)		-				-
Outstanding as of March 28, 2016		6,250			2.80		1.2		-
Exercisable as of March 28, 2016		5,000			2.80		1.2		-