STOCK INCENTIVE PLANS (Tables)

3 Months Ended

Mar. 27, 2015

STOCK INCENTIVE PLANS [Abstract]

Summary of stock option activity under applicable plans

The following table summarizes stock option activity under each of the Company’s applicable plans:

	Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life	Aggregate Intrinsic Value (in thousands)
Outstanding at December 31, 2014		6,000	$	3.69
Granted		-	$	-
Exercised		-	$	-
Expired		-	$	-
Cancelled		-	$	-
Outstanding at March 27, 2015		6,000	$	3.69	0.2 years	$	-
Vested and Exercisable at March 27, 2015		6,000	$	3.69	0.2 years	$	-

Summary of SARs activity under applicable plans

The following table summarizes SARs activity under each of the Company’s applicable plans:

	SARs
Non-Vested at December 31, 2014		-
Granted		-
Vested		-
Cancelled		-
Non-Vested at March 27, 2015		-
Total Outstanding at March 27, 2015		34,000