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Equity Compensation Plans (Tables)
12 Months Ended
Dec. 29, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity
Changes in options outstanding under the 2011 Plan are as follows:
 
Number of Shares
 
Weighted Average Exercise Price
Outstanding - January 1, 2011

 
$

Granted
17,699
 
1,000

Canceled / Forfeited
(842)
 
1,000

Exercised

 

Outstanding - December 31, 2011
16,857
 
1,000

Granted
4,582
 
1,000

Canceled / Forfeited
(979)
 
1,000

Exercised

 

Outstanding - December 29, 2012
20,460
 
$
1,000

Exercisable - December 29, 2012
1,083
 
$
1,000

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The following weighted-average assumptions were used:
 
Fiscal 2012
 
Fiscal 2011
Risk-free interest rate
0.35
%
 
1.83
%
Dividend yield
%
 
%
Expected life
3.3 years

 
4.9 years

Volatility
38.02
%
 
49.57
%
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs
The following table summarizes the compensation expense recognized:
In thousands
Fiscal Year Ended
December 29,
2012
 
Eleven Months
Ended
December 31,
2011
Stock options
$
532

 
$
441

Equity awards
310

 
287

Total
$
842

 
$
728