Employee Share-Based Compensation (Tables)

12 Months Ended

Jan. 02, 2016

Employee Share-based Compensation Tables

Weighted average assumptions of stock options granted

Year Ended December	2015	2014	2013
Expected term	5.8 years	5.8 years	6.0 years
Expected Volatility	75.8%	74.6%	32.8%
Expected dividends	0.0%	0.0%	0.00%
Risk-free rate	1.7%	1.9%	1.5%

Service Period Based Stock Options

		Weighted Average
			Remaining		Aggregate
	Number of	Exercise	Contractual	Fair	Intrinsic
	Shares	Price	Term	Value	Value
Outstanding at December 29, 2012	145,834	$    1.59	8.27
Options Granted	200,000	0.63	10.00	$    0.22
Options Exercised	-	-
Options Forfeited	(145,834)	1.59
Outstanding at December 28, 2013	200,000	$    0.63	9.08
Options Granted	-	-
Options Exercised	-	-
Options Forfeited	-	-
Outstanding at January 3, 2015	200,000	$    0.63	8.08
Options Granted	-	-
Options Exercised	-	-
Options Forfeited	-	-
Outstanding at January 2, 2016	200,000	$    0.63	7.08		$   118,000
Exercisable at January 2, 2016	145,833	$    0.63	7.08		$     86,041

Performance Based Stock Options

		Weighted Average
			Remaining		Aggregate
	Number of	Exercise	Contractual	Fair	Intrinsic
	Shares	Price	Term	Value	Value
Outstanding at December 29, 2012	145,834	$    1.59	8.27
Options Granted	200,000	0.63	10.00	$    0.22
Options Exercised	-	-
Options Forfeited	(145,834)	1.59
Outstanding at December 28, 2013	200,000	$    0.63	9.08
Options Granted	-	-
Options Exercised	-	-
Options Forfeited	-	-
Outstanding at January 3, 2015	200,000	$    0.63	8.08
Options Granted	-	-
Options Exercised	-	-
Options Forfeited	-	-
Outstanding at January 2, 2016	200,000	$    0.63	7.08		$   118,000
Exercisable at January 2, 2016	145,833	$    0.63	7.08		$     86,041

Restricted stock awards granted to employees

The following table summarizes activity of restricted stock awards granted to employees:

		Weighted Average
		Award-Date
	Shares	Fair Value
Unvested shares at December 29, 2012	500,000	$            0.69
Granted	-	-
Vested	-	-
Forfeited	-	-
Unvested shares at December 28, 2013	500,000	$            0.69
Granted	1,090,000	1.41
Vested	-	-
Forfeited	-	-
Unvested shares at January 3, 2015	1,590,000	$            1.18
Granted	-	-
Vested	(520,000)	1.41
Forfeited	-	-
Unvested shares at January 2, 2016	1,070,000	$            1.07
Expected to Vest as of January 2, 2016	1,070,000	$            1.07