Stock-based compensation (Tables)

12 Months Ended

Dec. 30, 2011

The following table presents the stock-based compensation expense included in the Consolidated Statements of Operations for the years ended December 30, 2011, December 31, 2010 and December 25, 2009 (in thousands):

	2011		2010			2009
Restricted stock	$	1,054	$	1,833		$	1,446
Stock options		769		13			--
Income tax benefit		--		(646	)		(506	)
Total after-tax stock-based compensation expense	$	1,823	$	1,200		$	940

Total stock-based compensation included in selling, general and administrative expenses		1,639		1,846			1,446
Severance, impairment and other associated costs		184		--			--

Summary of restricted stock activity

A summary of our restricted stock activity for the years ended December 30, 2011, December 31, 2010, and December 25, 2009, is as follows (in thousands, except per share data):

	2011					2010					2009
	Shares			Weighted Average Stock Grant Price (Per Share)		Shares			Weighted Average Stock Grant Price (Per Share)		Shares			Weighted Average Stock Grant Price (Per Share)
Opening nonvested restricted stock		420		$	6.69		330		$	11.92		208		$	24.59
Granted		369		$	3.47		238		$	3.76		223		$	6.11
Vested		(112	)	$	11.77		(123	)	$	15.03		(75	)	$	24.13
Forfeited/cancelled		(97	)	$	4.87		(25	)	$	5.80		(26	)	$	15.62
Ending nonvested restricted stock		580		$	3.97		420		$	6.69		330		$	11.92

Summary of stock options activity

A summary of our stock option activity for the years ended December 30, 2011, December 31, 2010, and December 25, 2009, respectively, is as follows (in thousands, except per share data):

	2011								2010							2009
	Shares			Weighted Average Option Grant Price (Per Share)		Aggregate Intrinsic Value			Shares			Weighted Average Option Grant Price (Per Share)		Aggregate Intrinsic Value		Shares			Weighted Average Option Grant Price (Per Share)		Aggregate Intrinsic Value
Opening stock options outstanding		157		$	7.41					82		$	17.53				125		$	17.99
Granted		1,269		$	4.66					480		$	4.97				--			--
Exercised		(1	)	$	3.72					--			--				--			--
Forfeited/cancelled		(173	)	$	7.25					(405	)	$	6.58				(43	)	$	18.90
Ending stock options outstanding		1,252		$	4.64		$	20		157		$	7.41		--		82		$	17.53		--
Ending stock options exercisable		16		$	4.75			--		38		$	16.55		--		82		$	17.53		--

Weighted average assumptions based on date of grant

The weighted-average assumptions of our stock options issued during 2011 and 2010, based on the date of grant, are as follows:

	2011			2010
Dividend yield		1.4	%		2.0	%
Volatility		80.4	%		76.6	%
Risk-free interest rate		1.7	%		2.1	%
Expected life (years)		4.8			4.8