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Stock-based Compensation Plan (Tables)
6 Months Ended
Jul. 01, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock option activity under the plan
The following table summarized stock option activity under the Plan during the 26 weeks ended July 1, 2014:

 
Number of
Options
Weighted
Average
Exercise
Price
Weighted
Average
Remaining
Contractual
Term
(in years)
Outstanding at December 31, 2013
249,019

 
$
146

 
 
Granted
22,765

 
143

 
 
Exercised
—

 
—

 
 
Forfeited or expired
(9,936
)
 
145

 
 
Outstanding at July 1, 2014
261,848

 
103

 
7.7
Exercisable at July 1, 2014
95,012

 
$
119

 
7.5
Options granted to certain members of management
Under their respective employment agreements, the following options have been granted to certain members of management:

 
As of
July 1, 2014
Series 1 Options
207,266

 
Series 2 Options
51,817

 
Series 3 Options
2,765

 
Total options granted
261,848

 
Total options exercisable
95,012