POTENTIAL REVERSE STOCK SPLIT	3 Months Ended
Mar. 27, 2016
POTENTIAL REVERSE STOCK SPLIT
POTENTIAL REVERSE STOCK SPLIT	8. Potential Reverse Stock Split In the first quarter of 2016, our Board of Directors adopted a resolution approving an Amended and Restated Certificate of Incorporation which would allow the Company to effect a reverse stock split of our issued and outstanding Class A and Class B Common Stock at a ratio of not less than one-for-five (1:5) and not more than one-for-twenty five (1:25), with the exact reverse stock split ratio to be determined by the Board of Directors, if they so choose, and publicly announced prior to the filing of the Amended and Restated Certificate of Incorporation. The reverse stock split ratio will be the same for both the Class A and Class B Common Stock. The Amended and Restated Certificate of Incorporation is subject to shareholder approval at our Annual Meeting of Shareholders, scheduled to be held on May 18, 2016. The primary purpose of effecting the reverse stock split, if the Board of Directors so elects, is to increase our trading price on the New York Stock Exchange (“NYSE”) to comply with the NYSE continued listing standard requirements, which require an average closing price of at least $1.00 per share over thirty consecutive trading days. On February 16, 2016, we received notification from the NYSE that we were not in compliance with the NYSE’s continued listing standard requirement. However, as of April 1, 2016, we were notified that we are currently in compliance with the standard. If the Amended and Restated Certificate of Incorporation effecting the reverse stock split is adopted by the shareholders, an Amended and Restated Certificate of Incorporation will become effective, if at all, only upon a determination by the Board of Directors within six months after the Annual Meeting of Shareholders of the reverse stock ratio to be used and that the actions contemplated by the Amended and Restated Certificate of Incorporation containing such reverse stock split ratio are in the best interests of the Company and the shareholders.

8. Potential Reverse Stock Split

In the first quarter of 2016, our Board of Directors adopted a resolution approving an Amended and Restated Certificate of Incorporation which would allow the Company to effect a reverse stock split of our issued and outstanding Class A and Class B Common Stock at a ratio of not less than one-for-five (1:5) and not more than one-for-twenty five (1:25), with the exact reverse stock split ratio to be determined by the Board of Directors, if they so choose, and publicly announced prior to the filing of the Amended and Restated Certificate of Incorporation. The reverse stock split ratio will be the same for both the Class A and Class B Common Stock. The Amended and Restated Certificate of Incorporation is subject to shareholder approval at our Annual Meeting of Shareholders, scheduled to be held on May 18, 2016. The primary purpose of effecting the reverse stock split, if the Board of Directors so elects, is to increase our trading price on the New York Stock Exchange (“NYSE”) to comply with the NYSE continued listing standard requirements, which require an average closing price of at least $1.00 per share over thirty consecutive trading days.

On February 16, 2016, we received notification from the NYSE that we were not in compliance with the NYSE’s continued listing standard requirement. However, as of April 1, 2016, we were notified that we are currently in compliance with the standard. If the Amended and Restated Certificate of Incorporation effecting the reverse stock split is adopted by the shareholders, an Amended and Restated Certificate of Incorporation will become effective, if at all, only upon a determination by the Board of Directors within six months after the Annual Meeting of Shareholders of the reverse stock ratio to be used and that the actions contemplated by the Amended and Restated Certificate of Incorporation containing such reverse stock split ratio are in the best interests of the Company and the shareholders.