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Stock Compensation Plans (Tables)
12 Months Ended
Dec. 28, 2019
Stock Compensation Plans  
Schedule of restricted stock unit activity

A summary of restricted stock unit activity is as follows:

 

 

 

 

 

 

 

 

    

 

    

Weighted

 

 

Number of

 

Average Grant

 

 

Shares

 

Date Fair Value

 

 

 

 

 

 

Non-vested stock units as of December 30, 2017

 

103,076

 

$

11.92

Granted

 

74,528

 

 

12.39

Vested

 

(47,358)

 

 

12.34

Forfeited

 

(4,259)

 

 

11.65

Non-vested stock units as of December 29, 2018

 

125,987

 

$

12.05

Granted

 

47,300

 

 

11.54

Vested

 

(28,888)

 

 

12.40

Forfeited

 

(15,763)

 

 

12.08

Non-vested stock units as of December 28, 2019

 

128,636

 

$

11.78

 

Schedule of option activity

The following table summarizes option activity for each of the three years ended 2019:

 

 

 

 

 

 

 

 

 

 

 

 

Incentive Stock Options

 

Director Stock Options

 

    

Granted

    

Outstanding

    

Granted

    

Outstanding

 

 

 

 

 

 

 

 

 

2019

 

 —

 

20,000

 

 —

 

 —

2018

 

 —

 

20,000

 

 —

 

15,000

2017

 

 —

 

29,250

 

 —

 

15,000

 

Schedule of stock option transactions

The following table summarizes stock option transactions for the three years ended 2019:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2019

 

2018

 

 

2017

 

 

 

 

Option

 

 

 

Option

 

 

 

 

Option

 

    

Shares

    

Price

    

Shares

    

Price

    

Shares

    

Price

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at beginning of year

 

35,000

 

 

$11.86 to $14.39

 

44,250

 

 

$5.85 to $14.39

 

 

72,375

 

 

$5.28 to $14.39

Issued during year

 

 —

 

 

 

 —

 

 

 

 

 —

 

 

Canceled or expired

 

(5,000)

 

$

11.86

 

 —

 

 

  

 

 

 —

 

 

  

Exercised during year

 

(10,000)

 

$

 11.86

 

(9,250)

 

$

 5.85

 

 

(28,125)

 

 

$5.28 to $5.85

Outstanding at end of year

 

20,000

 

$

14.39

 

35,000

 

 

$11.86 to $14.39

 

 

44,250

 

 

$5.85 to $14.39

Exercisable at end of year

 

6,666

 

 

  

 

15,000

 

 

  

 

 

24,250

 

 

  

Weighted-average fair value of options granted during the year

 

 —

 

 

  

 

 —

 

 

  

 

 

 —

 

 

  

 

Schedule of information about stock options outstanding

The following table summarizes information about stock options outstanding at December 28, 2019:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options Outstanding

 

Options Exercisable

 

 

 

 

 

Weighted-Average

 

 

 

 

 

 

 

 

Range of

 

Number of

 

Remaining

 

Weighted-Average

 

Number of

 

Weighted-Average

Exercise Prices

    

Shares

    

Contractual Life

    

Exercise Price

    

Shares

    

Exercise Price

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

14.39

 

20,000

 

2.17 years

 

$

14.39

 

6,666

 

$

14.39

 

Schedule of activity occurred under the Company's stock option plan

During the year ended December 28, 2019, the following activity occurred under the Company’s stock option plan:

 

 

 

 

 

 

 

 

    

 

    

Weighted Average

 

 

Number of

 

Grant Date Fair

 

 

Options

 

Value

 

 

 

 

 

 

Nonvested balance, beginning of year

 

20,000

 

$

2.52

Granted

 

 —

 

 

 —

Vested

 

(6,666)

 

$

2.52

Forfeited

 

 —

 

 

 —

Nonvested balance, end of year

 

13,334

 

$

2.52