NOTE 8 - FEDERAL AND STATE INCOME TAXES (Tables)

3 Months Ended

Mar. 29, 2014

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The components of income tax expense (benefit) for the three months ended March 29, 2014 and March 30 2013 were as follows:

	Three Months Ended
	March 29, 2014		March 30, 2013
	(dollars in thousands)
Current	$	75	$	93
Deferred		—		—
Total tax expense	$	75	$	93
Discontinued operations		—		—
Total tax expense	$	75	$	93
Effective tax rate		4.4%		41.5	%