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Stock Compensation Plans (Tables)
12 Months Ended
Dec. 27, 2014
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]  
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]
The following table presents a summary of non-vested restricted stock units granted to employees and directors as of December 27, 2014:
 
 
 
 
 
Weighted
 
 
 
Number of
 
Average Grant
 
 
 
Shares
 
Date Fair Value
 
 
 
 
 
 
 
Non-vested stock units as of December 28, 2013
 
 
 
 
 
 
Granted
 
 
50,000
 
$
10.49
 
Vested
 
 
 
 
 
 
Forfeited
 
 
 
 
 
 
Non-vested stock units as of December 27, 2014
 
 
50,000
 
$
10.49
 
 
 
 
 
 
 
 
 
Vested but unsettled
 
 
4,500
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding non-vested restricted stock units as of December 27, 2014
 
 
45,500
 
 
 
 
Schedule of Share-based Compensation, Activity [Table Text Block]
The following table summarizes option activity for each of the three years ended 2014:
 
 
 
Incentive Stock Options
 
Director Stock Options
 
 
 
Granted
 
Outstanding
 
Granted
 
Outstanding
 
 
 
 
 
 
 
 
 
 
 
2014
 
 
 
 
284,375
 
 
25,000
 
 
60,000
 
2013
 
 
120,000
 
 
559,950
 
 
37,500
 
 
80,000
 
2012
 
 
200,000
 
 
607,875
 
 
37,500
 
 
85,000
 
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions [Table Text Block]
The fair value of each option grant award is estimated on the grant date using the Black-Scholes-Merton option valuation model using the following assumptions:
 
 
 
2014
 
2013
 
2012
 
 
 
 
 
 
 
 
 
Risk-free interest rates
 
 
0.68
%
 
0.52
%
 
0.84
%
Dividend yields
 
 
4.23
%
 
5.97
%
 
5.50
%
Volatility factors of expected market price of common stock
 
 
35.86
%
 
48.79% to 74.05
%
 
95.56% to 110.39
%
Weighted average expected life of the options
 
 
1-4 years
 
 
1-4 years
 
 
1-4 years
 
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
The following table summarizes stock option transactions for the three years ended 2014:
 
 
 
2014
 
2013
 
2012
 
 
 
 
 
 
Option
 
 
 
 
Option
 
 
 
 
Option
 
 
 
Shares
 
 
Price
 
Shares
 
 
Price
 
Shares
 
 
Price
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding at beginning of year
 
 
639,950
 
 
$0.64 to$6.07
 
 
692,875
 
 
$0.64 to 6.07
 
 
984,649
 
 
$0.64 to $9.35
 
Issued during year
 
 
25,000
 
 
$11.86
 
 
157,500
 
 
$5.85 to $6.06
 
 
237,500
 
 
$5.28 to $5.66
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Canceled or expired
 
 
(19,000)
 
 
 
 
 
(27,000)
 
 
 
 
 
(25,024)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercised during year
 
 
(301,575)
 
 
$0.64 to $6.07
 
 
(183,425)
 
 
$0.64 to $6.07
 
 
(504,250)
 
 
$0.64 to $2.56
 
Outstanding at end of year
 
 
344,375
 
 
$2.56 to $11.86
 
 
639,950
 
 
$0.64 to $6.07
 
 
692,875
 
 
$0.64 to $6.07
 
Exercisable at end of year
 
 
158,875
 
 
 
 
 
198,825
 
 
 
 
 
192,625
 
 
 
 
Weighted-average fair value of options granted during the year
 
$
3.06
 
 
 
 
$
2.21
 
 
 
 
$
3.12
 
 
 
 
Schedule Of Share Based Compensation Stock Options Outstanding [Table Text Block]
The following table summarizes information about stock options outstanding at December 27, 2014:
 
 
Options Outstanding
 
Options Exercisable
 
 
 
 
Weighted-Average
 
 
 
 
 
 
Range of
Number of
 
Remaining
 
Weighted-Average
Number of
 
Weighted-Average
 
Exercise Prices
Shares
 
Contractual Life
 
Exercise Price
Shares
 
Exercise Price
 
 
 
 
 
 
 
 
 
 
 
$2.56
 
 
8,625
 
0.2 years
 
$
2.56
 
 
8,625
 
$
2.56
 
$5.28 - $5.66
 
 
116,750
 
2.2 years
 
$
5.29
 
 
50,000
 
$
5.30
 
$5.85 - $6.06
 
 
97,875
 
3.2 years
 
$
5.86
 
 
34,875
 
$
5.90
 
$6.07
 
 
96,125
 
1.2 years
 
$
6.07
 
 
65,375
 
$
6.07
 
$11.86
 
 
25,000
 
4.2 years
 
$
11.86
 
 
 
 
 
 
 
 
 
 
344,375
 
 
 
 
 
 
 
158,875
 
 
 
 
Schedule of Nonvested Share Activity [Table Text Block]
During the year ended December 27, 2014, the following activity occurred under the Company’s stock option plan:
 
 
 
 
 
Weighted Average
 
 
 
Number of
 
Grant Date Fair
 
 
 
Options
 
Value
 
 
 
 
 
 
Nonvested balance, beginning of year
 
 
441,125
 
$
2.79
 
Granted
 
 
25,000
 
$
2.31
 
Vested
 
 
(266,625)
 
$
2.69
 
Forfeited
 
 
(14,000)
 
$
2.98
 
Nonvested balance, end of year
 
 
185,500
 
$
2.85