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Note 12 - Stock Incentive Plans | 12 Months Ended
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Dec. 28, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Disclosure of Compensation Related Costs, Share-based Payments [Text Block] |
(12) | Stock Incentive Plans
On April 3, 2000, the Company adopted the 2000 Stock Option Plan. In 2003, the Company adopted the Build-A-Bear Workshop, Inc. 2002 Stock Incentive Plan, in 2004, the Company adopted the Build-A-Bear Workshop, Inc. 2004 Stock Incentive Plan and in 2009, the Company amended and restated the Build-A-Bear Workshop, Inc. 2004 Stock Incentive Plan (collectively, the Plans). Under the Plans, as amended, from January 3, 2009, up to 3,230,000 shares of common stock were reserved and may be granted to employees and nonemployees of the Company. The Plans allow for the grant of incentive stock options, nonqualified stock options, stock appreciation rights (SAR) and restricted stock. Options granted under the Plans expire later than 10 years from the date of the grant. The exercise price of each incentive stock option shall not be less than 100% of the fair value of the stock subject to the option on the date the option is granted. The exercise price of all options shall be the fair market value on the date of the grant. The vesting provision of individual awards is at the discretion of the compensation committee of the board of directors and generally ranges from one to four years. Each share of stock awarded pursuant to an option or subject to the exercised portion of a SAR reduces the number of shares available by one share. Each share of stock awarded pursuant to any other stock-based awards, including restricted stock grants, reduces the number of shares available by 1.27 shares.
| (a) | Stock Options
The following table is a summary of the balance and activity for the Plans related to stock options for the periods presented:
|  |  |  |  |  |  |  |  |  | Weighted |  |  | Aggregate |
|  |  |  |  |  | Weighted |  |  | Average |  |  | Intrinsic |
|  | Number of |  |  | Average |  |  | Remaining |  |  | Value |
|  | Shares |  |  | Exercise Price |  |  | Contractual Term |  |  | (in thousands) |
Outstanding, January 1, 2011 |  |  | 1,125,223 |  |  | $ | 8.73 |  |  |  |  |  |  |  |  |
Granted |  |  | 305,727 |  |  |  | 6.22 |  |  |  |  |  |  |  |  |
Exercised |  |  | 55,501 |  |  |  | 5.13 |  |  |  |  |  |  |  |  |
Forfeited |  |  | 164,633 |  |  |  | 7.04 |  |  |  |  |  |  |  |  |
Outstanding, December 31, 2011 |  |  | 1,210,816 |  |  |  | 8.49 |  |  |  |  |  |  |  |  |
Granted |  |  | 228 |  |  |  | 8.32 |  |  |  |  |  |  |  |  |
Exercised |  |  | — |  |  |  | - |  |  |  |  |  |  |  |  |
Forfeited |  |  | 55,805 |  |  |  | 7.79 |  |  |  |  |  |  |  |  |
Outstanding, December 29, 2012 |  |  | 1,155,239 |  |  |  | 8.53 |  |  |  |  |  |  |  |  |
Granted |  |  | 195,512 |  |  |  | 6.56 |  |  |  |  |  |  |  |  |
Exercised |  |  | 204,658 |  |  |  | 5.60 |  |  |  |  |  |  |  |  |
Forfeited |  |  | 39,931 |  |  |  | 8.20 |  |  |  |  |  |  |  |  |
Canceled or expired |  |  | 41,150 |  |  |  | 9.10 |  |  |  |  |  |  |  |  |
Outstanding, December 28, 2013 |  |  | 1,065,012 |  |  | $ | 8.72 |  |  |  | 5.9 |  |  | $ | 1,339 |
Options Exercisable As Of: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
December 28, 2013 |  |  | 678,794 |  |  | $ | 10.00 |  |  |  | 4.7 |  |  | $ | 938 |
The expense recorded related to options granted during fiscal 2013 was determined using the Black-Scholes option pricing model and the provisions of Staff Accounting Bulletin (SAB) 107 and 110, which allow the use of a simplified method to estimate the expected term of “plain vanilla” options. The assumptions used in the option pricing model during fiscal 2013 were: (a) dividend yield of 0%; (b) historical volatility of 65%; (c) risk-free interest rates of 1.3%; and (d) an expected life of 6.25 years. The grant date fair value of options granted in 2013 was approximately $0.7 million. The expense recorded related to options granted during fiscal 2012 was immaterial. The assumptions used in the option pricing model during fiscal 2011 were: (a) dividend yield of 0%; (b) historical volatility of 65%; (c) risk-free interest rates ranging from 1.2% to 2.5%; and (d) an expected life of 6.25 years. The grant date fair value of options granted in 2011 was approximately $1.2 million. The total intrinsic value of options exercised in fiscal 2013 and fiscal 2011 was approximately $0.4 million and $0.1 million, respectively. No options were exercised in 2012. The Company generally issues new shares to satisfy option exercises. Shares available for future option, non-vested stock and restricted stock grants were 471,327 and 608,864 at the end of 2013 and 2012, respectively.
| (b) | Restricted Stock
The following table is a summary of the balance and activity for the Plans related to unvested restricted stock granted as compensation to employees and directors for the periods presented:
|  |  |  |  |  | Weighted |
|  |  |  |  |  | Average |
|  | Number of |  |  | Grant Date |
|  | Shares |  |  | Fair Value |
Outstanding, January 1, 2011 |  |  | 1,468,373 |  |  | $ | 6.32 |
Granted |  |  | 532,791 |  |  |  | 6.46 |
Vested |  |  | 394,766 |  |  |  | 8.52 |
Forfeited |  |  | 168,267 |  |  |  | 5.68 |
Outstanding, December 31, 2011 |  |  | 1,438,131 |  |  |  | 5.85 |
Granted |  |  | 366,270 |  |  |  | 4.97 |
Vested |  |  | 874,852 |  |  |  | 5.53 |
Forfeited |  |  | 69,224 |  |  |  | 6.03 |
Outstanding, December 29, 2012 |  |  | 860,325 |  |  |  | 5.78 |
Granted |  |  | 321,664 |  |  |  | 6.00 |
Vested |  |  | 399,405 |  |  |  | 5.39 |
Forfeited |  |  | 62,386 |  |  |  | 5.78 |
Outstanding, December 28, 2013 |  |  | 720,198 |  |  | $ | 5.91 |
The vesting date fair value of shares that vested in fiscal 2013, 2012 and 2011was $2.2 million, $4.6 million and $2.5 million, respectively. The aggregate unearned compensation expense related to options and restricted stock was $3.3 million as of December 28, 2013 and is expected to be recognized over a weighted average period of 1.1 years

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- Definition The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 40 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 14 + Details
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