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STOCK-BASED EMPLOYEE COMPENSATION (Tables)
6 Months Ended
Jun. 11, 2013
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Stock Option Activity

The following table summarizes stock option activity during the period ended June 11, 2013:

 

     24 Weeks Ended June 11, 2013  
     Shares     Weighted
average  exercise
price
     Weighted  average
Remaining
Contractual Term
     Aggregate
Intrinsic  Value
($000’s)
 

Outstanding at beginning of year

     825,000        13.09         

Granted

     72,000        16.58         

Exercised

     —          —           

Forfeited

     (40,500     13.44         
  

 

 

   

 

 

       

Outstanding at end of period

     856,500      $ 13.37         9.2 years       $ 5,481   
  

 

 

   

 

 

    

 

 

    

 

 

 

Options exercisable at end of period

     —        $ —           —         $ —     
  

 

 

   

 

 

    

 

 

    

 

 

 
Summary of Non-Vested Shares

A summary of the status of non-vested shares as of June 11, 2013 and changes during the first and second quarters of fiscal 2013 is presented below:

 

     24 Weeks Ended  
     June 11, 2013  
     Shares     Weighted
average  Grant-
Date Fair Value
 

Non-vested shares at beginning of year

     825,000      $ 4.93   

Granted

     72,000        6.99   

Vested

     —          —     

Forfeited

     (40,500     5.09   
  

 

 

   

 

 

 

Non-vested shares at end of period

     856,500      $ 5.10