Organization and Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 29, 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):

		June 29, 2013							December 29, 2012
Balance Sheet Classification		Interest Rate Swaps			Non-qualified Deferred Compensation Plan Investments		Earn-out Contingent Consideration Obligation		Interest Rate  Swaps			Non-qualified Deferred Compensation Plan Investments
Interest rate swaps	Level 1	$	—		$	—	$	—	$	—		$	—
	Level 2	(605		)	—		—		(766		)	—
	Level 3	—			—		—		—			—
		$	(605	)	$	—	$	—	$	(766	)	$	—
Other assets	Level 1	$	—		$	492	$	—	$	—		$	440
	Level 2	—			—		—		—			—
	Level 3	—			—		—		—			—
		$	—		$	492	$	—	$	—		$	440
Other liabilities	Level 1	$	—		$	—	$	—	$	—		$	—
	Level 2	—			—		—		—			—
	Level 3	—			—		2,400		—			—
		$	—		$	—	$	2,400	$	—		$	—

Schedule of earnings per common share

Earnings per common share was computed as follows for the quarters and six months ended June 29, 2013 and June 30, 2012 (in thousands, except per share data):

	Quarters Ended				Six Months Ended
	June 29,  2013		June 30,  2012		June 29,  2013		June 30,  2012
Basic Earnings Per Share:
Net income	$	1,407	$	1,623	$	2,463	$	3,345
Weighted average number of common shares	19,307		18,899		19,257		18,590
Earnings per common share	$	0.07	$	0.09	$	0.13	$	0.18
Diluted Earnings Per Share:
Net income	$	1,407	$	1,623	$	2,463	$	3,345
Weighted average number of common shares	19, 307		18,899		19,257		18,590
Incremental shares from assumed conversions of stock options and non-vested shares of restricted stock	395		656		441		870
Adjusted weighted average number of common shares	19,702		19,555		19,698		19,460
Earnings per common share	$	0.07	$	0.08	$	0.13	$	0.17