Note 4 - Property and Equipment, Net

9 Months Ended

Sep. 30, 2015

Property, Plant and Equipment Disclosure [Text Block]

4. Property and Equipment, net

The following table summarizes the components of property and equipment, at cost:

	September 30,			December 28,
	2015			2014
	(In thousands)
Building and site improvements	$	80,184		$	27,905
Furniture and equipment		36,173			13,445
Construction in process		3,862			83
Property and equipment		120,219			41,433
Less: Accumulated depreciation		(10,985	)		(8,694	)
Property and equipment, net	$	109,234		$	32,739

On March 26, 2015, the Company entered into an agreement to sell its corporate office building located in Minnetonka, Minnesota at a price of approximately $4.7 million, less approximate fees and closing costs of $0.3 million. The corporate office building was carried at $4.8 million, net of accumulated depreciation, on the Company’s consolidated balance sheet as of the date of the sale agreement, resulting in the recognition of an impairment charge of $0.4 million during the nine months ended September 30, 2015. The sale of the corporate office building closed on May 20, 2015.