Stock Based Compensation and Stock Options (Tables)

3 Months Ended

Mar. 30, 2013

Stock Based Compensation and Stock Options [Abstract]

As of March 30, 2013, there were 500,000 shares available for future grant under the above noted 2010 plan and there were no shares available for grant under the 1995 plan. As of March 30, 2013, there were 521,000 shares of common stock reserved under all option plans for future issuance.

	Three Months Ended March 30, 2013			Year Ended December 29, 2012
	Shares	Weighted - Average Exercise Price		Shares		Weighted - Average Exercise Price
Outstanding at beginning of period	21,000		$13.580	25,500			$13.580
Exercised	—		—	(4,500	)		13.580
Outstanding at end of period	21,000		13.580	21,000			13.580

Options outstanding and exercisable

Options Outstanding and Exercisable
Range of Exercise Prices	Outstanding as of March 30, 2013	Weighted- Average Remaining Contractual Life	Weighted- Average Exercise Price
$13.58	21,000	1.7	13.580

At March 30, 2013, outstanding and exercisable options had an intrinsic value of $83,160.

- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

+ References+ Details

- Definition

Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.

+ References+ Details