Annual report pursuant to Section 13 and 15(d)

Shareholders' Equity (Tables)

v2.4.0.6
Shareholders' Equity (Tables)
 12 Months Ended
Dec. 29, 2012
Stockholders' Equity Note [Abstract]  
Summary of the assumptions used to estimate the fair value of stock options granted using the Black-Scholes Model
The fair value of each option grant is estimated on the date of grant using the Black-Scholes option pricing model with the following weighted-average assumptions for fiscal years 2012 and 2011:
 
For the fiscal year ended
 
December 29, 2012
 
December 31, 2011
Expected dividend yield
—

 
—

Expected stock price volatility
95.46
%
 
97.46
%
Risk-free interest rate
1.80
%
 
2.93
%
Expected life of options (years)
10.00

 
8.85

Schedule of all outstanding options, activity [Table Text Block]
Additional information relating to all outstanding options is as follows (in thousands, except per share data):
 
Options
Outstanding
 
Weighted
Average
Exercise
Price
Balance at January 1, 2011
552

 
$
3.87

Granted
73

 
4.45

Exercised
(34
)
 
3.38

Cancelled/expired
(3
)
 
4.76

Balance at December 31, 2011
588

 
3.99

Granted
38

 
4.04

Exercised
(29
)
 
3.03

Cancelled/expired
(59
)
 
5.25

Forfeited
(5
)
 
4.25

Balance at December 29, 2012
533

 
$
3.88

Summary of stock options outstanding and exercisable by range of excercise prices
The following table summarizes information about stock options outstanding as of December 29, 2012 (in thousands, except per share data):
Range of Exercise Prices 
Options
Outstanding
 
Weighted Average Remaining Contractual Life
 
Weighted
Average
Exercise
Price
 
Aggregate Intrinsic Value
$5.05 to $6.41
169

 
2.57
 
$
5.40

 
 
$3.55 to $4.69
191

 
6.72
 
4.01

 
 
$2.22 to $2.80
138

 
3.28
 
2.35

 
 
$1.87
35

 
5.95
 
1.87

 
 
 
533

 
4.47
 
3.88

 
$
—


The following table summarizes information about stock options exercisable as of December 29, 2012 (in thousands, except per share data):
Range of Exercise Prices 
Options Exercisable
 
Weighted
Average
Exercise
Price
 
Aggregate Intrinsic Value
$5.05 to $6.41
169

 
$
5.40

 
 
$3.55 to $4.69
184

 
4.01

 
 
$2.22 to $2.80
138

 
2.35

 
 
$1.87
35

 
1.87

 
 
 
526

 
3.88

 
$
—