Note 18 -- Fair Values of Financial Instruments

12 Months Ended

Dec. 31, 2011

Fair Value Disclosures [Text Block]

Note 18 — Fair Values of Financial Instruments

The following methods were used to estimate the fair value of all financial instruments recognized in the accompanying balance sheets at amounts other than fair values.

Cash and Cash Equivalents and Time Deposits

Fair values of cash and cash equivalents and time deposits approximate cost due to the short period of time to maturity.

Notes Payable and Long-term Debt

The Company believes the carrying value of short-term debt, including current portion of long-term debt, and long-term debt adequately reflects the fair value of these instruments.

The following table presents estimated fair values of the Company’s financial instruments in accordance with FASB ASC 825 at December 31, 2011 and December 25, 2010.

In Thousands			2011				2010
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Financial assets
Cash and cash equivalents	$	3,821	$	3,821	$	1,536	$	1,536
Time deposits	$	950	$	950	$	1,250	$	1,250
Financial liabilities
Note payable and Short-term debt	$	14,947	$	14,947	$	10,992	$	10,992
Current portion of Long-term debt	$	2,000	$	2,000	$	2,000	$	2,000
Long-term debt	$	5,000	$	5,000	$	7,500	$	7,500