Equipment and Leasehold Improvements

6 Months Ended

Jun. 29, 2012

Equipment and Leasehold Improvements [Abstract]

Equipment and Leasehold Improvements

Note 8 – Equipment and Leasehold Improvements

As of the dates indicated, plant, equipment and leasehold improvements consisted of the following:

			As of
	Useful Lives		June 29, 2012			December 30, 2011
Machinery and equipment		5-10 years	$	5,613		$	5,598
Computers, data processing and other equipment		3-7 years		4,658			3,941
Leasehold improvements		7-15 years		6,781			5,622
Furniture and fixtures		7 years		562			557
Vehicles		5 years		501			496
Other		7 years		85			85
Construction-in-process				850			956
				19,050			17,255
Less: accumulated depreciation and amortization				(12,710	)		(11,876	)
Equipment and leasehold improvements, net			$	6,340		$	5,379

During the fourth quarter of fiscal 2011, the Company entered into a capital lease for computer equipment. As of June 29, 2012, the gross value of assets under capital lease totaled $342. The Company recorded depreciation of $28 and $56 on these assets during the 13 and 26 weeks ended June 29, 2012, respectively.

Depreciation expense on equipment and leasehold improvements was $418 and $298 for the 13 weeks ended June 29, 2012 and June 24, 2011, respectively and $777 and $569 for the 26 weeks ended June 29, 2012 and June 24, 2011, respectively.

Gross capitalized software costs were $1,593 and $1,420 at June 29, 2012 and December 30, 2011, respectively. Capitalized software is recorded net of accumulated amortization of $1,165 and $1,065 at June 29, 2012 and December 30, 2011, respectively. Depreciation expense on software was $53 and $41 for the 13 weeks ended June 29, 2012 and June 24, 2011, respectively and $100 and $92 for the 26 weeks ended June 29, 2012 and June 24, 2011, respectively.

During the second quarter of fiscal 2012 the company incurred $895 of interest expense and capitalized $2 of interest related to the build out of its new Bronx, NY distribution facility.