INCOME TAXES	9 Months Ended
Sep. 24, 2011
INCOME TAXES	10. INCOME TAXES The Company’s tax provision of approximately $98,000 and $293,000 for the three and nine months ended September 24, 2011, respectively and $180,000 and $273,000 for the corresponding periods in 2010, respectively, represents alternative minimum, state income tax and foreign tax expenses which are partially offset by the Company’s net operating loss carryforwards (NOL) and tax credits. As of September 24, 2011, the Company has available for tax purposes U.S. federal NOLs of $11.2 million expiring through 2027. The Company has recognized a full valuation allowance on its net deferred tax assets due to the uncertainty of realization of such assets. The Company has not historically recorded, nor does it intend to record the tax benefits from stock awards until realized. Unrecorded benefits from stock awards approximate $13.0 million. The Company’s income tax returns have not been examined by the Internal Revenue Service and are subject to examination for all years since 1994. State income tax returns are generally subject to examination for a period of 3 to 5 years after filing of the respective return. The state impact of any federal changes remains subject to examination by various states for a period of up to one year after formal notification to the states.

INCOME TAXES

9 Months Ended

Sep. 24, 2011

10. INCOME TAXES

The Company’s tax provision of approximately $98,000 and $293,000 for the three and nine months ended September 24, 2011, respectively and $180,000 and $273,000 for the corresponding periods in 2010, respectively, represents alternative minimum, state income tax and foreign tax expenses which are partially offset by the Company’s net operating loss carryforwards (NOL) and tax credits.

As of September 24, 2011, the Company has available for tax purposes U.S. federal NOLs of $11.2 million expiring through 2027. The Company has recognized a full valuation allowance on its net deferred tax assets due to the uncertainty of realization of such assets. The Company has not historically recorded, nor does it intend to record the tax benefits from stock awards until realized. Unrecorded benefits from stock awards approximate $13.0 million.

The Company’s income tax returns have not been examined by the Internal Revenue Service and are subject to examination for all years since 1994. State income tax returns are generally subject to examination for a period of 3 to 5 years after filing of the respective return. The state impact of any federal changes remains subject to examination by various states for a period of up to one year after formal notification to the states.