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Share-Based Payments	3 Months Ended
Mar. 31, 2012
Notes to Financial Statements
Share-Based Payments	(4) Share-Based Payments The Company measures the cost of employee services received in exchange for an award of equity instruments based on the grant date fair value of the award. That cost is recognized over the period during which an employee is required to provide services in exchange for the award, the requisite service period (usually the vesting period). The Company provides an estimate of forfeitures at initial grant date. Reductions in compensation expense associated with the forfeited options are estimated at the date of grant, and this estimated forfeiture rate is adjusted periodically based on actual forfeiture experience. The company uses the Black-Scholes option pricing model to determine the fair value of the stock options granted. There were no shares granted under the 2009 Stock Incentive Plan (the “Plan”) during the quarters ended March 31, 2012 or April 2, 2011. During the quarters ended March 31, 2012 and April 2, 2011, the Company recognized $58,034 and $50,896 respectively as shared-based compensation expense related to previously granted shares under the Plan. During the quarter ended March 31, 2012 there were no option exercises. During the quarter ended April 2, 2011 the Company issued 43,750 shares as a result of option exercises. As of March 31, 2012, there was $769,470 of total unrecognized compensation cost related to nonvested share-based compensation arrangements granted under the plans; that cost is expected to be recognized over a weighted average period of 4.25 years.

Share-Based Payments

3 Months Ended

Mar. 31, 2012

(4) Share-Based Payments

The Company measures the cost of employee services received in exchange for an award of equity instruments based on the grant date fair value of the award. That cost is recognized over the period during which an employee is required to provide services in exchange for the award, the requisite service period (usually the vesting period). The Company provides an estimate of forfeitures at initial grant date. Reductions in compensation expense associated with the forfeited options are estimated at the date of grant, and this estimated forfeiture rate is adjusted periodically based on actual forfeiture experience. The company uses the Black-Scholes option pricing model to determine the fair value of the stock options granted.

There were no shares granted under the 2009 Stock Incentive Plan (the “Plan”) during the quarters ended March 31, 2012 or April 2, 2011. During the quarters ended March 31, 2012 and April 2, 2011, the Company recognized $58,034 and $50,896 respectively as shared-based compensation expense related to previously granted shares under the Plan. During the quarter ended March 31, 2012 there were no option exercises. During the quarter ended April 2, 2011 the Company issued 43,750 shares as a result of option exercises.

As of March 31, 2012, there was $769,470 of total unrecognized compensation cost related to nonvested share-based compensation arrangements granted under the plans; that cost is expected to be recognized over a weighted average period of 4.25 years.

- Definition

Disclosure of accounting policy for stock option and stock incentive plans. This disclosure may include (1) the types of stock option or incentive plans sponsored by the entity (2) the groups that participate in (or are covered by) each plan (3) significant plan provisions and (4) how stock compensation is measured, and the methodologies and significant assumptions used to determine that measurement.

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