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Note 4 - Fair Value of Financial Instruments
12 Months Ended
Dec. 29, 2013
Fair Value Disclosures [Abstract]  
Fair Value Disclosures [Text Block]

FAIR VALUE OF FINANCIAL INSTRUMENTS


The Company does not have significant assets and liabilities measured at fair value on a recurring basis under applicable accounting standards as of the end of 2013. The Company does have approximately $23.2 million of Company-owned life insurance which is measured on readily determinable cash surrender value on a recurring basis. Due to the short maturity of cash and cash equivalents, accounts receivable, accounts payable and accrued expenses, their carrying values approximate fair value. The fair value of long term debt represented by the Company’s 7.625% Senior Notes, based on quoted market prices, was $265.8 million at December 29, 2013.