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Common Stock and Earnings (Loss) Per Share
 6 Months Ended
Jul. 02, 2011
Common Stock And Earnings (Loss) Per Share [Abstract]  
Earnings Per Share [Text Block]
COMMON STOCK AND EARNINGS (LOSS) PER SHARE


The following table sets forth the computation of basic and diluted earnings (loss) per share:


 
Three Months Ended
 
Six Months Ended
 
July 2, 2011


 
June 26, 2010


 
July 2, 2011


 
June 26, 2010


Basic earnings (loss) per share:
 
 
 
 
 
 
 
Net income (loss)
$
766


 
$
(744
)
 
$
1,390


 
$
(3,273
)
Less: Allocation of earnings to participating securities
(18
)
 
—


 
(33
)
 
—


Net income (loss) available to common shareholders - basic
$
748


 
$
(744
)
 
$
1,357


 
$
(3,273
)
Basic weighted-average shares outstanding (1)
12,596


 
12,532


 
12,574


 
12,514


Basic earnings (loss) per share
$
0.06


 
$
(0.06
)
 
$
0.11


 
$
(0.26
)
 
 
 
 
 
 
 
 
Diluted earnings (loss) per share:
 
 
 
 
 
 
 
Net income (loss) available to common shareholders - basic
$
748


 
$
(744
)
 
$
1,357


 
$
(3,273
)
Add: Undistributed earnings reallocated to unvested shareholders
—


 
—


 
—


 
—


Net income (loss) available to common shareholders - basic
$
748


 
$
(744
)
 
$
1,357


 
$
(3,273
)
Basic weighted-average shares outstanding (1)
12,596


 
12,532


 
12,574


 
12,514


Effect of dilutive securities:
 
 
 
 
 
 
 
Stock options (2)
2


 
—


 
2


 
—


Directors' stock performance units (2)
50


 
—


 
48


 
—


Diluted weighted-average shares outstanding (1)(2)
12,648


 
12,532


 
12,624


 
12,514


Diluted earnings (loss) per share
$
0.06


 
$
(0.06
)
 
$
0.11


 
$
(0.26
)


(1)
Includes Common and Class B Common shares, less shares held in treasury, in thousands.
(2)
Because their effects are anti-dilutive, shares issuable under stock option plans where the exercise price is greater than the average market price of the Company's Common Stock at the end of the relevant period, unvested restricted stock deemed to be participating securities, directors' stock performance units, and shares issuable on conversion of subordinated debentures into shares of Common Stock have been excluded.  Aggregate shares excluded were 1,391 and 1,430, respectively during the three and six months of 2011 and 1,643 and 1,679, respectively during the three and six months of 2010.