STOCK INCENTIVE PLANS (Tables)

9 Months Ended

Sep. 25, 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		6,000	$	3.69
Cancelled		-	$	-
Outstanding at September 25, 2015		-	$	-	0.0 years	$	-
Vested and Exercisable at September 25, 2015		-	$	-	0.0 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		4,000
Vested		(4,000	)
Cancelled		-
Non-Vested at September 25, 2015		-
Total Outstanding at September 25, 2015		38,000