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EQUITY PLANS (Tables)
12 Months Ended
Dec. 27, 2013
EQUITY PLANS  
Schedule of assumptions

 

 
  2013   2012   2011

Expected volatility

  40%   39%   39% - 40%

Expected dividends

  0%   0%   0%

Expected term (in years)

  5.75 - 6.00   5.75 - 6.00   5.75 - 6.00

Risk-free rate

  1.31% - 1.36%   0.65% - 1.09%   0.88% - 2.20%
Summary of option activity and changes during the period

 

 
  Options   Weighted-
Average
Exercise
Price
  Weighted-
Average
Remaining
Contractual
Term (Years)
 

Outstanding at December 28, 2012

    992,000   $ 3.86     6.95  

Granted

    100,000     3.62     2.44  

Exercised

    (9,000 )   1.65     5.67  

Forfeited or expired

    (105,000 )        
                 

Outstanding at December 27, 2013

    978,000   $ 3.95     3.35  
                 
                 

Vested at December 27, 2013

    796,000   $ 4.04     7.90  
                 
                 

Exercisable at December 27, 2013

    796,000   $ 4.04     7.90  
                 
                 

 

 
  Options   Weighted-
Average
Exercise
Price
  Weighted-
Average
Remaining
Contractual
Term (Years)
 

Outstanding at December 30, 2011

    912,000   $ 3.94     7.47  

Granted

    202,000     3.30     9.34  

Exercised

    (5,000 )   1.81     6.73  

Forfeited or expired

    (117,000 )        
                 

Outstanding at December 28, 2012

    992,000   $ 3.86     6.95  
                 
                 

Vested at December 28, 2012

    700,000   $ 4.09     6.19  
                 
                 

Exercisable at December 28, 2012

    700,000   $ 4.09     6.19  
                 
                 

 

 
  Options   Weighted-
Average
Exercise
Price
  Weighted-
Average
Remaining
Contractual
Term (Years)
 

Outstanding at December 31, 2010

    859,000   $ 3.90     8.26  

Granted

    86,000     4.02     9.44  

Exercised

    (3,000 )   1.96     7.92  

Forfeited or expired

    (30,000 )        
                 

Outstanding at December 30, 2011

    912,000   $ 3.94     7.47  
                 
                 

Vested at December 30, 2011

    570,000   $ 4.61     6.84  
                 
                 

Exercisable at December 30, 2011

    570,000   $ 4.61     6.84  
                 
                 
Summary of the status of the nonvested options and changes in nonvested options

 

 
  Options   Weighted-
Average
Grant-Date
Fair Value
 

Nonvested at December 28, 2012

    293,000   $ 1.28  

Granted

    100,000     3.62  

Vested

    (143,000 )   3.17  

Forfeited

    (43,000 )   3.33  
             

Nonvested at December 27, 2013

    207,000     3.55  
             
             

 

 
  Options   Weighted-
Average
Grant-Date
Fair Value
 

Nonvested at December 30, 2011

    341,000   $ 1.13  

Granted

    202,000     1.27  

Vested

    (212,000 )   1.07  

Forfeited

    (38,000 )   1.10  
             

Nonvested at December 28, 2012

    293,000     1.28  
             
             

 

 
  Options   Weighted-
Average
Grant-Date
Fair Value
 

Nonvested at December 31, 2010

    503,000   $ 0.96  

Granted

    86,000     1.60  

Vested

    (232,000 )   0.94  

Forfeited

    (16,000 )   0.95  
             

Nonvested at December 30, 2011

    341,000     1.13  
             
             
Summary of restricted stock activity

 

 
  Restricted
Stock
  Weighted-
Average
Grant Date
Fair Value
 

Outstanding at December 28, 2012

      $  

Granted

    25,000     2.96  

Vested

         

Forfeited

         
           

Outstanding at December 27, 2013

    25,000   $ 2.96