Share-Based Compensation (Tables)

3 Months Ended

Apr. 04, 2015

Share-based Compensation Tables

Weighted average assumptions of stock options granted

Three Months Ended April 4, 2015
Expected volatility	75%
Expected dividends	0.00%
Expected term	6.1 years
Risk-free rate	1.68%

Service Period Based Stock Options

				Weighted Average				Aggregate Intrinsic Value
	Number of Shares			Exercise Price		Remaining Contractual Term
Outstanding at January 3, 2015		12,723,601		$	1.13		7.00
Options Granted		185,000			1.29		10.00
Options Classification from Employee to Non-Employee		(451,738	)		0.88
Options Exercised		-			-
Options Forfeited		(12,083	)		1.14
Outstanding at April 4, 2015		12,444,780		$	1.14		6.75	$	5,237,000
Exercisable at April 4, 2015		9,608,011		$	1.14		6.21	$	3,981,000

Restricted stock awards granted to employees

	Shares			Weighted Average Award-Date Fair Value
Unvested shares at January 3, 2015		1,590,000		$	1.18
Granted		-			-
Vested		(500,000	)		1.41
Forfeited		-			-
Unvested shares at April 4, 2015		1,090,000		$	1.08
Expected to Vest as of April 4, 2015		1,090,000		$	1.08

Non-Employee stock options

			Weighted Average
	Number of Shares		Exercise Price		Remaining Contractual Term		Aggregate Intrinsic Value
Outstanding at January 3, 2015		1,050,451	$	1.35		5.46
Options Granted		-		-
Options Classification from Employee to Non-Employee		451,738		0.88
Options Exercised		-		-
Options Forfeited		-		-
Outstanding at April 4, 2015		1,502,189	$	1.21		6.07	$	506,000
Exercisable at April 4, 2015		1,434,689	$	1.21		5.91	$	485,000

Restricted stock awards granted to non-employees

				Weighted Average
	Shares			Fair Value
Unvested shares at January 3, 2015		76,000		$	0.90
Granted		-			-
Vested		(6,000	)		1.23
Forfeited		-			-
Unvested shares expected to vest at April 4, 2015		70,000		$	1.55