EARNINGS (LOSS) PER SHARE (Tables)

9 Months Ended

Sep. 26, 2014

EARNINGS (LOSS) PER SHARE [Abstract]

Schedule of earnings per share, basic and diluted

The basic and diluted earnings per share (“EPS”) calculations are as follows:

	Three Months Ended					Nine Months Ended
	September 26,		September 27,			September 26,		September 27,
	2014		2013			2014		2013
Income (loss) from continuing operations	$	1,350	$	185		$	3,058	$	(892	)
(Loss) income from Discontinued operations		-		(14	)		-		373
Net income (loss)	$	1,350	$	171		$	3,058	$	(519	)
Average common shares outstanding - Basic		7,951		7,951			7,951		7,951
Dilutive effect of convertible preferred stock		18,859		18,859			18,859		-
Average common shares outstanding - Diluted		26,810		26,810			26,810		7,951
Per share amount - Basic:
Income (Loss) from continuing operations	$	0.17	$	0.02		$	0.38	$	(0.11	)
Discontinued operations		-		-			-		0.05
Net income (loss)	$	0.17	$	0.02		$	0.38	$	(0.06	)
Per share amount - Diluted:
Income (Loss) from continuing operations	$	0.05	$	0.01		$	0.11	$	(0.11	)
Discontinued operations		-		(0.01	)		-		0.05
Net income (loss)	$	0.05	$	(0.00	)	$	0.11	$	(0.06	)