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Note 14 - Severance
6 Months Ended
Jun. 29, 2013
Restructuring and Related Activities [Abstract]  
Restructuring and Related Activities Disclosure [Text Block]

Note 14 –Severance


During the three and six months ended June 29, 2013, the Company incurred approximately $0.2 million and $0.9 million, respectively, in severance costs. In connection with the resignation of Heath L. Golden, the Company’s former chief executive officer, the Company entered into a separation and release agreement with Mr. Golden that entitled him to separation pay to be paid in several installments through a date no later than May 15, 2013. The entire amount of separation pay of approximately $0.7 million was recorded in the quarter ended March 30, 2013, when the resignation was communicated.


A reconciliation of the beginning and ending liability balances for accrued severance costs included in the Accrued Expenses and Other Liabilities section of the consolidated balance sheet is shown below:


   

Periods Ended June 29, 2013

 

(In thousands)

 

Three Months

   

Six Months

 

Beginning of period,

  $ 247     $ 243  

Costs charged to expense

    153       895  

Costs paid or settled

    (322

)

    (1,060

)

End of period

  $ 78     $ 78