COMMONS STOCK AND STOCK PLANS (Tables)

12 Months Ended

Dec. 27, 2015

COMMON STOCK AND STOCK PLANS

Summary of the restricted stock units ("RSUs") activity

		Weighted
		Average Grant
		Date Fair
	RSUs	Value
Nonvested — December 30, 2012	1,102,000	$	2.98
Granted	483,150	$	2.46
Vested	(320,000)	$	4.08
Forfeited	(33,500)	$	2.48
Nonvested — December 29, 2013	1,231,650	$	2.50
Granted	856,950	$	4.61
Vested	(717,150)	$	2.92
Forfeited	(41,900)	$	2.93
Nonvested — December 28, 2014	1,329,550	$	3.62
Granted	1,365,300	$	2.28
Vested	(970,000)	$	2.85
Forfeited	(186,050)	$	3.08
Nonvested — December 27, 2015	1,538,800	$	2.98

Summary of the stock appreciation rights ("SARs") activity

		Weighted		Aggregate
		Average		Intrinsic Value
	SARs	Exercise Price		(in thousands)
Outstanding December 30, 2012	6,194,500	$	11.45	$	1,846
Granted	775,000	$	2.46
Exercised	(545,750)	$	1.72	$	847
Forfeited	(58,500)	$	3.30
Expired	(254,750)	$	48.97
Outstanding December 29, 2013	6,110,500	$	9.69	$	2,384
Exercised	(1,678,250)	$	2.86	$	3,138
Forfeited	(67,250)	$	3.38
Expired	(516,250)	$	35.74
Outstanding December 28, 2014	3,848,750	$	9.28	$	1,542
Forfeited	(68,750)	$	2.61
Expired	(578,750)	$	20.76
Outstanding December 27, 2015	3,201,250	$	7.35	$	—
Vested and Expected to Vest December 27, 2015	3,179,366	$	8.09	$	—
Options exercisable:
December 29, 2013	3,983,875			$	1,306
December 28, 2014	2,719,750			$	716
December 27, 2015	2,774,125			$	—

Summary of stock-based compensation expense

	Years Ended
	December 27,		December 29,		December 29,
(in thousands)	2015		2014		2013
Stock-based compensation expense	$	3,178	$	3,479	$	3,481

Summary of information about stock options and SARs outstanding in the stock plans

		Average
		Remaining	Weighted			Weighted
Range of Exercise	Options/SARs	Contractual	Average		Options/SARs	Average
Prices	Outstanding	Life	Exercise Price		Exercisable	Exercise Price
$1.70 – $9.07	2,426,250	4.70	$	3.06	1,999,125	$	3.17
$9.73 – $35.94	574,000	1.91	$	13.17	574,000	$	13.17
$40.95 – $73.36	201,000	0.92	$	42.48	201,000	$	42.48
Total	3,201,250	3.96	$	7.35	2,774,125	$	8.09

Schedule of weighted average assumptions used to estimate the fair value of SARs granted

	2013
Expected life in years		4.51
Dividend yield		NIL
Volatility		1.08
Risk-free interest rate		0.76	%
Weighted average exercise price of options/SARs granted	$	2.46
Weighted average fair value of options/SARs granted	$	1.85