Organization and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2016

Organization and Summary of Significant Accounting Policies

Summary of the valuation assets and liabilities measured at fair value on a recurring basis

The following table summarizes the valuation of our assets and liabilities measured at fair value on a recurring basis (in thousands) at the respective dates set forth below:

		December 31, 2016				December 26, 2015
		Non-qualified				Non-qualified
		Deferred		Earn-out		Deferred		Earn-out
		Compensation		Contingent		Compensation		Contingent
		Plan		Consideration		Plan		Consideration
Balance Sheet Classification		Investments		Obligation		Investments		Obligation
Other assets	Level 1		650	$	—	$	564	$	—
Accrued liabilities	Level 3		—		(270)		—		(376)
Other liabilities	Level 3		—		(1,521)		—		(1,499)
		$	650	$	(1,791)	$	564	$	(1,875)

Summary of the activity of the fair value of the measurements using unobservable inputs (Level 3 Liabilities)

A summary of the activity of the fair value of the measurements using unobservable inputs (Level 3 Liabilities) for the year ended December 31, 2016, is as follows (in thousands):

	Level 3
Balance at December 26, 2015	$	1,875
Earn-out compensation paid to Willamette Valley Fruit Company		(340)
Earn-out compensation paid to Sin In A Tin		(11)
Willamette Valley Fruit Company earn-out revaluation		247
Sin In A Tin earn-out revaluation		20
Balance at December 31, 2016	$	1,791

Schedules of basic and diluted earnings (loss) per common share

Earnings (loss) per common share was computed as follows for the fiscal years ended December 31, 2016, December 26, 2015 and December 27, 2014 (in thousands, except per share data):

	December 31,		December 26,		December 27,
	2016		2015		2014
Basic Earnings (Loss) Per Share:
Net Income (loss)	$	(30,249)	$	(20,783)	$	10,561
Weighted average number of common shares		19,644		19,588		19,500
Earnings (Loss) per common share	$	(1.54)	$	(1.06)	$	0.54
Diluted Earnings (Loss) Per Share:
Net Income (loss)	$	(30,249)	$	(20,783)	$	10,561
Weighted average number of common shares		19,644		19,588		19,500
Incremental shares from assumed conversions of stock options and non-vested shares of restricted stock		—		—		490
Adjusted weighted average number of common shares		19,644		19,588		19,990
Earnings (Loss) per common share	$	(1.54)	$	(1.06)	$	0.53