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Stock-based Compensation and Employee Benefit Plans (Tables)
12 Months Ended
Dec. 27, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock option activity under the Plan
The following table summarizes stock option activity under the Plan during the 52 weeks ended December 27, 2016:
 
 
Number of
Options
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term 
(in years)
Outstanding at December 29, 2015
279,300

 
$
153

 
 
Granted
—

 


 
 
Exercised
—

 


 
 
Forfeited or expired
(9,936
)
 
154

 
 
Outstanding at December 27, 2016
269,364

 
$
153

 
5.7
Exercisable at December 27, 2016
95,425

 
$
129

 
5.4
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
December 27, 2016
 
As of
December 29, 2015
Series 1 Options
214,279

 
222,228

Series 2 Options
53,320

 
55,307

Series 3 Options
1,765

 
1,765

Total options granted
269,364

 
279,300

Total options exercisable
95,425

 
91,933