BASIC AND DILUTED EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 29, 2012

BASIC AND DILUTED EARNINGS PER SHARE

Schedule of computation of Income (loss) per common share

	39-Weeks Ended					13-Weeks Ended
	September 29,			October 1,		September 29,			October 1,
	2012			2011		2012			2011
Net income (loss)	$	(6,553,000	)	$	205,000	$	(6,376,000	)	$	(1,822,000	)
Basic weighted number of average shares outstanding	12,882,000			12,831,000		12,892,000			12,849,000
Incremental shares from assumed issuances of stock options and restricted stock awards	—			28,000		—			—
Diluted weighted average number of shares outstanding	12,882,000			12,859,000		12,892,000			12,849,000
Net income (loss) per share - Basic	$	(0.51	)	$	0.02	$	(0.49	)	$	(0.14	)
- Diluted	$	(0.51	)	$	0.02	$	(0.49	)	$	(0.14	)