XML 40 R23.htm IDEA: XBRL DOCUMENT v3.2.0.727
STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 27, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock- Based Compensation
A summary of stock option award activity under the equity plans as of June 27, 2015 and changes during the six month period then ended is as follows:
 
Six Months Ended June 27, 2015
 
Shares
 
Weighted
Average
Exercise
Price
Balance, December 27, 2014
130,500

 
$
3.49

Options forfeited/canceled
(125,358
)
 
3.50

Options exercised
(5,142
)
 
3.16

Balance, all exercisable, June 27, 2015

 
$

NonVested Restricted Common Stock
A summary of the activity for non-vested restricted common stock awards as of June 27, 2015 and changes during the six month period then ended is presented below:
 
Shares
 
Weighted
Average
Grant
Fair
Value
Balance, December 27, 2014
2,551,631

 
$
3.75

Granted
1,005,000

 
3.89

Forfeited
(255,020
)
 
3.68

Vested
(227,500
)
 
4.00

Balance, June 27, 2015
3,074,111

 
$
3.78

Stock-Based Compensation Expense
The following table summarizes stock-based compensation expense within each of the categories below as it relates to non-vested restricted common stock awards for the six months ended June 27, 2015 and June 28, 2014 (no tax benefits were recognized):
 
Six Months Ended
 
June 27,
2015
 
June 28,
2014
Cost of component revenues
$
461,094

 
$
472,213

Research and development
503,523

 
637,528

Selling, general and administrative
1,057,426

 
1,252,705

Total
$
2,022,043

 
$
2,362,446