Shareholders' Equity (Tables)

3 Months Ended

Mar. 30, 2013

Shareholders' Equity

Schedule of restricted share activity

	Number		Weighted  Average Grant Date Fair Value
Balance, December 29, 2012	519,437		$	4.64
Granted	—		$	—
Vested	(99,140	)	$	3.39
Forfeited	(100,860	)	$	3.39
Balance at March 30, 2013	319,437		$	5.42

Summary of stock option activity

	Options  Outstanding		Weighted  Average  Exercise Price		Aggregate  Intrinsic Value  (in-the-money options)		Weighted Average Remaining Contractual Life (in years)
Outstanding at December 29, 2012	1,222,727		$	3.26
Granted	5,000		$	7.38
Exercised	(218,227	)	$	1.84
Forfeited or expired	—		$	—
Outstanding at March 30, 2013	1,009,500		$	3.59	$	4,233,043	6.90

Summary of stock options outstanding and exercisable

The following table summarizes information about stock options outstanding and exercisable at March 30, 2013:

Range of Exercise Prices	Options  Outstanding	Weighted Average  Remaining  Contractual Life  (in years)	Weighted  Average  Exercise  Price		Options  Exercisable	Weighted  Average  Exercise  Price
$  1.59 - $1.86	261,100	5.09	$	1.75	177,600	$	1.76
$  2.26 - $3.44	330,200	6.21	$	2.87	181,600	$	2.81
$  3.60 - $6.55	413,200	8.54	$	5.27	64,500	$	4.15
$  7.38 - $7.38	5,000	9.92	$	7.38	—	$	—
	1,009,500	6.90	$	3.59	423,700	$	2.57

Schedule of weighted-average assumptions used to estimate fair value of each stock option grant

	Quarter Ended
	March 30,  2013
Expected dividend yield (%)	—
Expected volatility (%)	55
Risk-free interest rate (%)	1.9
Expected life (years)	6.5