Organization and Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 30, 2013

Organization and Summary of Significant Accounting Policies

Summary of the valuation of financial instruments

The following table summarized the valuation of our financial instruments (in thousands):

		March 30, 2013					December 29, 2012
Balance Sheet Classification		Interest Rate Swaps			Non-qualifiedDeferredCompensationPlanInvestments		Interest Rate Swaps			Non-qualifiedDeferredCompensationPlanInvestments
Interest rate swaps	Level 1	$	—		$	—	$	—		$	—
	Level 2	(711		)	—		(766		)	—
	Level 3	—			—		—			—
		$	(711	)	$	—	$	(766	)	$	—
Other assets	Level 1	$	—		$	477	$	—		$	440
	Level 2	—			—		—			—
	Level 3	—			—		—			—
		$	—		$	477	$	—		$	440

Schedule of earnings per common share

Earnings per common share was computed as follows for the quarter ended March 30, 2013 and March 31, 2012 (in thousands, except per share data):

	Quarters Ended
	March 30, 2013		March 31, 2012
Basic Earnings Per Share:
Net income	$	1,056	$	1,722
Weighted average number of common shares	19,206		18,282
Earnings per common share	$	0.05	$	0.09
Diluted Earnings Per Share:
Net income	$	1,056	$	1,722
Weighted average number of common shares	19,206		18,282
Incremental shares from assumed conversions of stock options and non-vested shares of restricted stock	488		1,083
Adjusted weighted average number of common shares	19,694		19,365
Earnings per common share	$	0.05	$	0.09