Share-based Compensation |
9 Months Ended | ||||||||||||||||||||||||
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Oct. 03, 2015 | |||||||||||||||||||||||||
| Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | |||||||||||||||||||||||||
| Share-Based Compensation |
Share-Based Compensation
We recognized share-based compensation expense of $217 and $122 for the three months ended October 3, 2015, and September 27, 2014, respectively and $265 and $262 for the nine months ended October 3, 2015 and September 27, 2014, respectively. In May 2015, we granted options to purchase 30 shares of common stock at $1.98 per share, vesting in six months and having a fair value of $1.66 per share. In September 2015, we granted a share award of 100 shares and an option to purchase 100 shares of common stock at $1.14 per share, a fair value of $0.96 per share and with half of the option vested immediately and the balance on the one year anniversary date.
Based on the value of options outstanding as of October 3, 2015, estimated future share-based compensation expense is as follows:
The estimate above does not include any expense for additional options that may be granted and vest during the remainder of 2015, 2016 and 2017.
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