Stock Plans and Stock Compensation Expense (Tables)

12 Months Ended

Dec. 28, 2019

Restricted stock activity for the three years ended December 28, 2019 is summarized as follows:



	Number of Shares		Weighted-Average Grant-Date Fair Value
Outstanding at December 31, 2016	457,378		$	7.41
Granted	60,000		3.70
Vested	(78,908	)	8.79
Forfeited	(4,629	)	5.96
Outstanding at December 30, 2017	433,841		6.66
Granted	307,292		2.77
Vested	(64,939	)	6.58
Forfeited	(106,196	)	9.51
Outstanding at December 29, 2018	569,998		4.04
Vested	(90,791	)	2.83
Forfeited	(17,784	)	3.48
Outstanding at December 28, 2019	461,423		$	4.30

The following weighted-average assumptions were used to estimate the fair value of stock options granted:

(1) No options were granted during the years ended December 28, 2019 and December 29, 2018.

Option activity for the three years ended December 28, 2019 is summarized as follows:



	Number of Shares		Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Life (in years)	Weighted-Average Fair Value of Options Granted During the Year
Outstanding at December 31, 2016	103,500		$	5.00		$	—
Granted	203,000		4.30			1.51
Exercised	—		—			—
Forfeited	—		—			—
Outstanding at December 30, 2017	306,500		4.54			—
Granted	—		—			—
Exercised	—		—			—
Forfeited	(8,000	)	4.17			—
Outstanding at December 29, 2018	298,500		4.55			—
Granted	—		—			—
Exercised	—		—			—
Forfeited	(132,500	)	4.82			—
Outstanding at December 28, 2019	166,000		4.33		2.40	$	—

Options exercisable at:
December 30, 2017	103,500		$	5.00		—
December 29, 2018	103,500		5.00			—
December 28, 2019	166,000		4.33		2.40	—