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STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 28, 2020
Stock-based Compensation  
Schedule of recognized stock-based compensation expense

Three Months Ended

Six Months Ended

(in thousands)

June 28, 2020

June 30, 2019

    

June 28, 2020

    

June 30, 2019

Stock options

$

44

$

81

$

125

$

141

Restricted stock

 

67

 

59

 

123

 

82

$

111

$

140

$

248

$

223

Schedule of stock option activity

    

    

Weighted

Average

Remaining

Number of 

Weighted Average 

Contractual

(number of options in thousands)

    

Options

    

Exercise Price

    

Life in Years

Options outstanding at December 29, 2019

 

452

$

6.71

Granted

 

230

 

3.85

Forfeited or expired

(44)

5.80

Options outstanding at June 28, 2020

 

638

$

5.74

6.3

Schedule of unvested restricted stock activity

    

    

Weighted

Average

Remaining

Number of

Weighted Average 

Contractual

(number of awards in thousands)

    

Awards

    

Award Date Fair Value

    

Life in Years

Unvested at December 29, 2019

 

143

$

5.00

Granted

 

10

 

3.40

Vested

(25)

4.84

Unvested at June 28, 2020

 

128

$

4.91

2.7

Schedule of stock option valuation assumptions

Six Months Ended

    

June 28, 2020

June 30, 2019

Weighted-average fair value of options granted during the period

$

1.81

$

2.33

Expected life (in years)

 

5.4

 

5.5

Expected dividend

$

$

Expected stock volatility

 

53.64

%

 

50.31

%

Risk-free interest rate

 

1.1

%

 

2.5

%