EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 11, 2013

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Share

At June 12, 2012, there were no outstanding stock options or other dilutive securities and therefore they were not included in the dilutive calculation.

(dollars in thousands, except per share data)

	12 Weeks Ended					24 Weeks Ended
	June 11,		June 12,			June 11,		June 12,
	2013		2012			2013		2012
Income from continuing operations	$	4,431	$	3,628		$	8,000	$	8,528
Discontinued operations, net of income tax benefit		—		(2	)		—		84
Net income	$	4,431	$	3,626		$	8,000	$	8,612
Shares:
Weighted average number of common shares outstanding		23,794,667		17,994,667			23,794,667		17,994,667
Dilutive shares		31,955		—			202		—
Total Diluted Shares		23,826,622		17,994,667			23,794,869		17,994,667
Basic income per common share:
Continuing operations	$	0.19	$	0.20		$	0.34	$	0.47
Discontinued operations		0.00		0.00			0.00		0.01
Basic income per share	$	0.19	$	0.20		$	0.34	$	0.48
Diluted income per common share:
Continuing operations	$	0.19	$	0.20		$	0.34	$	0.47
Discontinued operations		0.00		0.00			0.00		0.01
Diluted income per share	$	0.19	$	0.20		$	0.34	$	0.48