Restricted Stock (Tables)

9 Months Ended

Oct. 27, 2012

Restricted Stock [Abstract]

Schedule of Restricted Stock Fair Value [Table Text Block]

Grant date fair values and derived service periods for each tranche were determined using a Monte Carlo valuation model based on assumptions, which included a weighted average risk-free interest rate of 0.32%, a weighted average expected life of 2.8 years and an implied volatility of 78% and were as follows for each tranche:

	Fair Value (Per Share)	Derived Service Period
Tranche 1 ($6.00/share)	1.48	15	months
Tranche 2 ($8.00/share)	1.39	20	months
Tranche 3 ($10.00/share)	1.31	24	months

Schedule of Non-vested Restricted Stock Activity [Table Text Block]

A summary of the status of the Company’s non-vested restricted stock activity as of October 27, 2012 and changes during the nine-month period then ended is as follows:

	Shares		Weighted Average Grant Date Fair Value
Non-vested outstanding, January 28, 2012	982,000		$	4.39
Granted	382,000		$	1.52
Vested	(298,000	)	$	6.52
Forfeited	(80,000	)	$	2.92
Non-vested outstanding, October 27, 2012	986,000		$	2.76