BASIC AND DILUTED EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 29, 2013

BASIC AND DILUTED EARNINGS PER SHARE

Schedule of computations of basic and diluted earnings per share

	26-Weeks Ended						13-Weeks Ended
	June 29,			June 30,			June 29,			June 30,
	2013			2012			2013			2012
Net income (loss)	$	(21,663,000	)	$	(177,000	)	$	(3,158,000	)	$	1,031,000
Basic weighted number of average shares outstanding	15,769,000			12,877,000			18,378,000			12,880,000
Incremental shares from assumed issuances of stock options and restricted stock awards	—			—			—			48,000
Diluted weighted average number of shares outstanding	15,769,000			12,877,000			18,378,000			12,928,000
Earnings (loss) per share - Basic	$	(1.37	)	$	(0.01	)	$	(0.17	)	$	0.08
- Diluted	$	(1.37	)	$	(0.01	)	$	(0.17	)	$	0.08