Share-Based Compensation

9 Months Ended

Oct. 02, 2011

E.	SHARE-BASED COMPENSATION

Total net share-based compensation was a benefit of $0.2 million and an expense of $1.4 million for the 12 and 40 week periods ended October 2, 2011, respectively, compared to expense of $0.8 million and $3.1 million for the 12 and 40 week periods ended October 3, 2010, respectively. The Company's net share-based compensation benefit primarily consisted of expense associated with restricted stock awards and, to a lesser extent, expenses associated with unvested stock options and the Company's employee share purchase plan and in the current quarter included the reversal of expense due to forfeitures.

During the 12 and 40 week periods ended October 2, 2011, the Company issued 30,000 and 181,770 shares, respectively, of restricted stock awards to its Board of Directors and certain other employees. The Company also issued 104,000 and 297,500 shares of non-qualified stock options to certain members of senior management during the 12 and 40 week periods ended October 2, 2011, respectively. As of October 2, 2011, there were 1.6 million options outstanding and 0.3 million restricted stock awards outstanding.